The end of the current world.. Dubai hosts an investment conference for Iraq

The end of the current world.. Dubai hosts an investment conference for Iraq


The end of the current world.. Dubai hosts an investment conference for IraqThe Iraqi-British Business Council is preparing to hold its conference in Dubai next December 7-8, with the aim of strengthening partnerships and driving economic transformation in Iraq, according to the Emirati newspaper Al-Khaleej.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, will deliver a speech during the second day of the conference, under the title “Building a Sustainable Future.”

Undersecretary of the Ministry of Economy for Foreign Trade Affairs Abdullah Al Saleh said, “We join our friends from Iraq and the Iraqi Business Council to discuss joint efforts to assist the country in the reconstruction process.”

The conference will bring together companies working in the field of business and trade, to enhance investment for businessmen, and ultimately support the industry and the Iraqi people.

Al Saleh added: We support the Council’s mission to enable the transfer of technology, infrastructure and expertise to Iraq to enhance its growth and development.

According to the conference management, the significant growth in trade between the UAE and Iraq, which exceeded 60% in 2022, confirms the growing economic relations between the two countries.

The event confirms the UAE’s position as the main commercial center of Iraq, and showcases the country’s growing role in facilitating international cooperation.

The UAE is seen as a meeting place for everyone from the UK, EU and US to India, Turkey, Iraq and the Gulf.

The UAE also has tremendous potential for investment in Iraq and for companies operating there, without the need for administrative and bureaucratic jobs that can be obtained in Iraq.

Managing Director of the conference, Christophe Michels, explained that the UAE is considered an ideal place, given its role as a regional center linking international companies to Iraq.

Michels added: Many of our members also have headquarters in Dubai, and we expect this conference to have the importance of attendance that decision makers appreciate, and our members expect to communicate with important people.

The conference is being held at an important time, as it addresses pivotal issues such as economic sustainability, education, finance, and climate change.

Vikas Handa, the UAE representative in the council at the regional level, says: The conference is expected to be of great importance for the development and outlook of Iraq in the long term.