transparency - World Economic Magazine

US Corporations Eager to Invest in Iraq’s Growing Opportunities

American businesses are urged to seize the growing investment opportunities in Iraq, marking a significant turn in the country’s economic recovery after years of strife. During a recent visit, Dilawar Syed, the special representative for commercial and business affairs at the US State Department, expressed his excitement about participating in Iraq’s rebuilding efforts. With a record-breaking national budget of $150 billion allocated for infrastructure and other crucial expenses, Iraq is witnessing a momentous transformation. The visit aimed to establish a strategic framework for cooperation between the two nations, with a delegation of 47 US-based companies exploring prospects in various sectors. Syed highlighted the potential in education and technology, underscoring Iraq’s conducive environment for US companies and entrepreneurs. Although challenges such as safety concerns exist, the delegation’s presence was intended to provide assurances and foster confidence among US interests. The focus on fair competition, transparency, and standards-based processes aims to uplift Iraq’s economic landscape while benefiting both countries. The delegation’s collaboration with Iraq’s Health Ministry on cancer research showcases the potential for productive partnerships. As Iraq invests heavily in its future, US businesses can compete for significant projects, contributing to Iraq’s growth and development. This growing investment and collaboration between the United States and Iraq paved the way for a promising era of shared prosperity.

The United Nations World Tourism Organization (UNWTO) announced its commitment to sustainable tourism at Annual Investment Meeting

The United Nations World Tourism Organization (UNWTO) has announced their commitment to sustainable growth through the power of government and investment in the tourism industry. In the same context, they hosted a forum at the 12th edition of Annual Investment Meeting that focused on Investing in People – Investing in Planet – Investing in Prosperity’.

Annual Investment Meeting brings to focus the opportunities and challenges of investing in distressed assets and non-performing loans (NPLs)

Investment experts from around the world discussed the opportunities and challenges of investing in distressed assets and non-performing loans (NPLs) at the 12th edition of the The Annual Investment Meeting (AIM), which took place at the Future Room located at the Abu Dhabi National Exhibition Centre.

Turkish bank stocks’ rollercoaster ride leaves investors reeling

Head-spinning volatility in Turkey’s banking shares has left investors reeling after a 100% stock market surge this year, driven by the highest available real returns, gave way to a sharp slide this week.

Alibaba aims to add primary listing in Hong Kong, woo China investors after crackdown

Alibaba (9988.HK) plans to add a primary listing in Hong Kong to its New York presence, targeting investors in mainland China as it becomes the first big company to take advantage of a rule change in the financial hub to attract high-tech Chinese firms.