UAE announces $3b investment in Iraq ...United Arab Emirates

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UAE announces $3b investment in Iraq

Abu Dhabi: The UAE on Sunday announced $3 billion (Dh11 billion) investment in Iraq in a fresh bid to strengthen the economic and investment relations between the two fraternal nations. The new investments are aimed to tap new prospects of partnerships between the two countries and accelerating socio-economic and developmental growth in support of the people of Iraq. Within this context, the UAE and the Republic of Iraq have issued the following joint statement at the conclusion of the official visit of Dr. Mustafa Al Kadhimi, Prime Minister of Iraq, to the Emirates. Following is the text of the statement: “In line with the fraternal relations and close historical ties between the UAE and I

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