PDA

View Full Version : Saudis to Invest in Iraq



Joe98
07-03-2006, 04:34 AM
http://www.arabnews.com/page=1&section=0&article=84738&d=3&m=7&y=2006

Saudis to Invest in Iraq


JEDDAH, 3 July 2006 — Iraqi Prime Minster Nuri Al-Maliki yesterday called on Saudi businessmen to invest in Iraq during a visit to the Jeddah Chamber of Commerce and Industry (JCCI).

Accompanied by a delegation of businessmen and government officials, the Iraqi prime minister met Saudi businessmen headed by acting JCCI Chairman Ziad Al-Bassam. “The security problems are not in all of Iraq, but rather they are confined to Baghdad,” Maliki reassured businessmen, inviting Saudi firms to seek contracts in infrastructure projects.

Al-Bassam said the Saudi businessmen wanted to deal directly with their Iraqi partners, which would reduce the cost of products and would benefit the consumer.

He added that this would also ensure the spread of Saudi products in the massive Iraqi free market.

The prime minister emphasized the historical and geographical bonds between the two countries. The two sides, he said, were partners in building the present and future. He pointed out that there were major investment opportunities in the fields of oil, gas, industry, agriculture, construction and services.

“We are preparing a new law on investment that will be applied soon,” said Maliki. He said the new law would protect investors’ rights and their financial transactions completely. This was in sharp contrast to the policies of previous Baath party rule, he added.

The prime minister said that the diversity in Iraq’s natural environment, people, professions and high level of education provided a wide variety of opportunities for successful investment.

Maliki said Iraq and Saudi Arabia were looking into reopening the Arar border crossing. He called for businessmen to support the reopening of the crossing which he said would help in boosting trade between the two countries.

Maliki, who performed Umrah earlier yesterday, is on his first foreign trip since being sworn in as prime minister on May 20. His delegation, which includes several government ministers, will also visit Kuwait and the UAE.
Reply

Login/Register to hide ads. Scroll down for more posts
north_malaysian
07-03-2006, 09:01 AM
When Americans ot of Iraq, Malaysians will do the same too. The only reason that we cannot do it because of the restrictions to travel to Iraq.
Reply

KAding
07-03-2006, 09:58 AM
Good luck to them, they will need it! Usually anyone trying to build up Iraq is going to be beheaded/shot by the Muhajideen. I hope this doesn't happen to them.
Reply

Ghazi
07-03-2006, 10:44 AM
Originally Posted by KAding
Good luck to them, they will need it! Usually anyone trying to build up Iraq is going to be beheaded/shot by the Muhajideen. I hope this doesn't happen to them.
:sl:

Please! The US want Iraq to join their list off puppet goverments they don't want an islamic goverment, trust me if 'Bush' helped implament the Sharia then they're would be no violence towards the americans.
Reply

Welcome, Guest!
Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.

When you create an account, you can participate in the discussions and share your thoughts. You also get notifications, here and via email, whenever new posts are made. And you can like posts and make new friends.
Sign Up
Sis786
07-03-2006, 04:04 PM
Its all a game and everyone is invloved kind of like a pack of dogs after a rabbit and once the rabbit has been caught they take the juicy piece and leave the remains for the rest!

p.s its hot and im by a window!
Reply

searchingsoul
07-13-2006, 07:11 AM
Originally Posted by islam-truth
:sl:

Please! The US want Iraq to join their list off puppet goverments they don't want an islamic goverment, trust me if 'Bush' helped implament the Sharia then they're would be no violence towards the americans.
How would implementation of Sharia provide for a better Iraq?
Reply

Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.

When you create an account, you can participate in the discussions and share your thoughts. You also get notifications, here and via email, whenever new posts are made. And you can like posts and make new friends.
Sign Up

Similar Threads

  1. Replies: 0
    Last Post: 08-25-2011, 06:38 PM
  2. Replies: 0
    Last Post: 08-09-2008, 10:25 AM
  3. Replies: 45
    Last Post: 11-29-2006, 11:20 PM
  4. Replies: 5
    Last Post: 08-05-2005, 11:04 PM

IslamicBoard

Experience a richer experience on our mobile app!