Real Estate & Property Investment News in Iraq from Propertyshowrooms.com

IMF appropriates $47m for 500 housing units in Halabja

Mon, 12 Jan 2009 00:00:00 GMT

The International Monetary Fund okayed the appropriation of $47 million to build 500 housing units in Halabja district, the Kurdish province of Sulaimaniya, according to a local official...

Iraq: 41 out of 241 projects implemented in Missan

Fri, 2 Jan 2009 00:00:00 GMT

A total of 41 projects were realized within the plan to develop provinces out of the 241 projects planned to be implemented in 2008, the official spokesman for the Missan province said...

$7.7 million for 24 new projects in Diwaniya

Fri, 2 Jan 2009 00:00:00 GMT

A number of local companies on Wednesday started implementing 24 new projects throughout Diwaniya, with a total cost of around $7.7 million, said the province's deputy governor for technical affairs...

Iraq economy 'on track' says IMF

Thu, 18 Dec 2008 00:00:00 GMT

Improved security and a more stable political environment mean economic development in Iraq is "encouraging", the IMF says...

Cornerstone for rehabilitating al-Jiesh Canal project laid in Baghdad

Wed, 3 Dec 2008 00:00:00 GMT

The secretary of Baghdad on Tuesday laid the cornerstone for the rehabilitation and development of the al-Jiesh Canal project in Baghdad at a total project-cost of more than 60 billion Iraqi dinars, according to a statement from the Baghdad secretariat...

Iraq: More bridges on the way in Missan

Fri, 28 Nov 2008 00:00:00 GMT

A project to set up bridges in Missan province has been referred to a local company, Missan's governor said on Thursday...

Deputy PM opens services projects in Baghdad

Tue, 25 Nov 2008 00:00:00 GMT

Deputy Prime Minister Rafi al-Issawi on Tuesday inaugurated three streets in Baghdad's Abu Ghraib city, according to an official statement...

Iraq: 300 housing units for have-nots in Muthanna

Wed, 12 Nov 2008 00:00:00 GMT

The province of al-Muthanna is hatching a plan to build 300 low-cost housing units for the impoverished and low-income categories at a cost of 12 billion Iraqi dinars (ID), tantamount to $10 million, the governor said on Tuesday...

Search for safety revives Baghdad housing market

Mon, 15 Sep 2008 00:00:00 GMT

Real estate prices have doubled in parts of Baghdad thanks to a dramatic fall in violence...

China's CNPC seals $3bn Iraq deal

Thu, 28 Aug 2008 00:00:00 GMT

China's state-oil firm CNPC has agreed a $3bn (£1.63bn) oil services contract for Iraq, the first by a non-US firm...

Iraq allocates $10 billion reconstruction plan for Shiite slum

Fri, 8 Aug 2008 00:00:00 GMT

Baghdad Mayor on Thursday unveiled a $10 billion plan to develop and rehabilitate Baghdad Shiite slum of Sadr city which saw fierce clashes between government forces and militiamen loyal to Shiite cleric Muqtada al-Sadr...

Iraq Eyes Six Billion Dollar Baghdad Masterplan

Wed, 6 Aug 2008 00:00:00 GMT

Iraq announced it was seeking six billion dollars in investment over the next three years to fund a masterplan to revitalise conflict-torn Baghdad with new hotels, restaurants and highways...

Crescent Plans Development Centre In South Iraq

Mon, 4 Aug 2008 00:00:00 GMT

Crescent Petroleum has announced the signing of a Memorandum of Understanding with the AMAR International Charitable Foundation for cooperation to support capacity-building and local communities in Iraq...

Iraq's Housing Ministry grants 70% of its investment budget

Tue, 22 Jul 2008 00:00:00 GMT

The Iraqi Ministry of Construction and Housing said it has given 70 percent of its allocations for economic projects for the first half of 2008...

$4 billion to construct 'industrial areas' near U.S. bases in Iraq

Thu, 17 Jul 2008 00:00:00 GMT

A commander of the U.S. army in Iraq on Wednesday revealed that 4 billion U.S. dollar have been allocated to encounter violence indirectly, by encouraging skillful projects near Multi National Forces' (MNF) bases in Iraq...

Money the key to peace, says Iraq's Finance Minister

Mon, 14 Jul 2008 00:00:00 GMT

Finance Minister Bayan Jabr Solaghsays that Iraq's booming oil wealth holds the key to peace and urged foreign investors to take part in huge projects planned by his war-ravaged country...

Tarin Hills in Erbil, Iraq - Pre-launch Investment Opportunity

Wed, 9 Jul 2008 00:00:00 GMT

At first glimpse of this your thoughts would probably be- Why the heck should I invest in Iraq? But after careful scrutiny you would see why this development offer tremendous opportunity in a country that is at its early stages of recovery and growth. Read on to find out why this is an investment for only...

New Civilian Airport To Open In Iraqi Holy City

Sun, 29 Jun 2008 00:00:00 GMT

Civilian flights will start next month at a former military airport in the central Iraqi Shiite holy city of Najaf, the provincial government said...

Iraq gets its first luxury property development

Thu, 12 Jun 2008 00:00:00 GMT

It might not be everyone's idea of the perfect place to invest but Iraq is entering the luxury property market...