Iraq announces the liquidation of one of six investment companies with Jordan.
Iraq announces the liquidation of one of six investment companies with Jordan.
2025-06-26 05:55
Shafaq News/ The Iraq Fund for External Development announced on Thursday the liquidation of one of six Iraqi investment companies with Jordan.
The fund said in a report seen by Shafaq News Agency that “Iraq has investments with Jordan in six companies,” indicating that “these investments are in dollars, Jordanian dinars, and Kuwaiti dinars.”
The report explained that “the first company is the Arab Mining Company, with a capital of more than $200 million, while Iraq contributes 20.2%, at a value of $40 million and 400 thousand.”
The fund added that “the second company is the Arab Potash Company, with a capital of 83 million, 317 thousand and 500 Jordanian dinars, and Iraq has a 5% share in it, amounting to 3 million and 920 Jordanian dinars.” It noted that the third is the “Arab Company for Pharmaceutical Industries and Medical Appliances / ACDIMA, with a capital of 83 million and 930 Kuwaiti dinars, and Iraq’s share in it is 23.81%, amounting to 19 million and 980 thousand Kuwaiti dinars.”
The report also indicated that “the fourth company is the Arab Bridge Maritime Company, with a capital of $100 million and 500 thousand, of which Iraq’s share is 33.3%, amounting to $33 million and 500 thousand.”
According to the fund, the fifth company is Alba House for Prefabricated Buildings and Metal Structures, with a capital of 10 million Jordanian dinars, and Iraq’s share is 50%, amounting to 5 million Jordanian dinars. The sixth company is the Iraqi-Jordanian Land Transport Company (under liquidation), with a capital of 50 million dollars, and Iraq’s share is 50%, amounting to 25 million dollars.
It is noteworthy that Iraq has 30 investment companies with Arab countries.
shafaq.com
