UAE announced $3 billion investment in Iraq

The UAE announced $3 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.

The Iraqi prime minister thanked the UAE for its medical support, sent to help Iraq and its people face the health crisis.

The two sides agreed to grow economic cooperation and accelerate trade and investment exchanges, urging their businessmen to exchange visits. They also agreed on establishing the Iraqi-UAE Business Council and to streamline all the measures in the service of the two nations and their peoples.

Iraq commends the UAE’s initiative to renovate Al Hadba Minaret, Great Mosque of al-Nuri and a number of churches.