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  1. #1
    Joe98's Avatar
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    Saudis to Invest in Iraq

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    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.

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    north_malaysian's Avatar
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    Re: Saudis to Invest in Iraq

    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.
    Saudis to Invest in Iraq

    Assalamualaykum... I am back!!

  4. #3
    KAding's Avatar
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    Re: Saudis to Invest in Iraq

    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.

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    Re: Saudis to Invest in Iraq

    Quote Originally Posted by KAding View Post
    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.


    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.
    Saudis to Invest in Iraq

    The Ummah

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    Re: Saudis to Invest in Iraq

    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!

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    searchingsoul's Avatar
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    Re: Saudis to Invest in Iraq

    Quote Originally Posted by islam-truth View Post


    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?
    Saudis to Invest in Iraq

    Fear makes strangers of people who would be friends.


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