Thursday, August 30, 2007
Iraq Business and Investment Conference in Dubai starts
Regional conference
(AME Info FZ LLC) - The vice-president of Iraq Dr Adel Abdul Mehdi opened the first Iraq Business and Investment Conference in Dubai (IBIC) as the head of a delegation of over 100 businessmen from southern Iraq. The conference attracted over 300 UAE and international businessmen interested in exploring business and investment opportunities with their Iraqi counterparts.
Panel sessions covered the legal environment for conducting business in Iraq, financing private sector business, trade and commerce and private sector banking. This was followed by parallel meetings covering specific business opportunities in the seven southern governates of Iraq chaired by their respective governors.
Dr Mehdi said 'Iraq's new investment law will facilitate investment for both Iraqi and non-Iraqi businesses by providing a secure investment environment. Business people know the capacities and resources of Iraq. These delegates are the experts brought together at this conference to present opportunities for investments across a wide range of industries. Iraq is not only oil and gas but also agriculture, infrastructure and tourism, both historic and religious.'
Five Iraqi government ministers are also attending the conference. Sessions will include presentations concerning joint ventures with state owned enterprises, investment in agriculture, free zones, construction and contracting and opportunities in reconstruction and management associated with the port of Basra.
Panel sessions covered the legal environment for conducting business in Iraq, financing private sector business, trade and commerce and private sector banking. This was followed by parallel meetings covering specific business opportunities in the seven southern governates of Iraq chaired by their respective governors.
Dr Mehdi said 'Iraq's new investment law will facilitate investment for both Iraqi and non-Iraqi businesses by providing a secure investment environment. Business people know the capacities and resources of Iraq. These delegates are the experts brought together at this conference to present opportunities for investments across a wide range of industries. Iraq is not only oil and gas but also agriculture, infrastructure and tourism, both historic and religious.'
Five Iraqi government ministers are also attending the conference. Sessions will include presentations concerning joint ventures with state owned enterprises, investment in agriculture, free zones, construction and contracting and opportunities in reconstruction and management associated with the port of Basra.
Labels: Adel Abdel Mahdi, Dubai, IBIC, Iraq Business and Investment Conference, southern Iraq
Tuesday, August 28, 2007
Iraq Business and Investment Conference to take place Aug. 28 to 30 in Dubai
Conference
(PortAl Iraq) - The Iraq Business and Investment Conference (IBIC) will take place at the Radisson SAS Hotel in Dubai on Aug. 28 to 30.
The first of three conferences, the first IBIC's attendees will include companies based in Southern Iraq looking for investors; entrepreneurs with plans to start a business in Southern Iraq; Iraqi government officials responsible for many aspects of investment in Iraq, including investment laws and publicly-private investment partnerships; and investors, both domestic and international, seeking opportunities to invest in businesses in Southern Iraq.
According to the U.S. Commercial Service of the U.S. Department of Commerce, the IBIC will be a venue for companies with clearly defined projects in need of outside financing to meet with qualified investors. Investment opportunities will range from smaller businesses in need of a minimum of $1 million in financing to large enterprises seeking $200 million. No specific industry is targeted. Instead, the conference is focused on clearly defined investment opportunities that are ready to move forward immediately.
The conference will also include discussions on the investment environment and related laws in Iraq. The second and third IBIC conferences will take place later this year and will focus on investment opportunities in Central and Northern Iraq.
The first of three conferences, the first IBIC's attendees will include companies based in Southern Iraq looking for investors; entrepreneurs with plans to start a business in Southern Iraq; Iraqi government officials responsible for many aspects of investment in Iraq, including investment laws and publicly-private investment partnerships; and investors, both domestic and international, seeking opportunities to invest in businesses in Southern Iraq.
According to the U.S. Commercial Service of the U.S. Department of Commerce, the IBIC will be a venue for companies with clearly defined projects in need of outside financing to meet with qualified investors. Investment opportunities will range from smaller businesses in need of a minimum of $1 million in financing to large enterprises seeking $200 million. No specific industry is targeted. Instead, the conference is focused on clearly defined investment opportunities that are ready to move forward immediately.
The conference will also include discussions on the investment environment and related laws in Iraq. The second and third IBIC conferences will take place later this year and will focus on investment opportunities in Central and Northern Iraq.
Labels: business, Dubai, IBIC, investment, Iraq Business and Investment Conference, southern Iraq
