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Iraq: Saudi Ambassador says many opportunities for investment under consideration

SHAFAQNA- Al-Shammari, Saudis Ambassador to Iraq, announced that many opportunities are being studied by Saudi Arabia to invest in Iraq in the next few months.

According to Iraqi News Agency (INA), Al-Shammari said: “The beautiful understanding and harmony between the two leaderships in Saudi Arabia and Iraq resulted in the signing of a partnership agreement in the field of industrial investments for the private sector”.

He added: “Iraq fund for development is new and strong and has great coordination with the Public Investment Fund in the Kingdom” , noting that  “the agreement is a first opportunity and there are many opportunities being studied and the good news will be for the Iraqi people over the next few months”.

Al-Shammari pointed out that “the kingdom of Saudi Arabia has entered into all the interests of the Iraqi industrial development fund, infrastructure, real estate and all fields”.

Source: INA

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