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Iraq business and investment conference to be held in Dubai

United Arab Emirates: Sunday, August 26 - 2007 @ 14:45

Over 100 high net worth businesspeople from the Southern Governorates of Iraq will be in Dubai to highlight investment and profit opportunities to GCC and international businesses.

The conference aims to stimulate trade and investment in the south of the country by showcasing companies with clearly defined projects seeking outside financing from qualified investors. Investment opportunities will range from smaller businesses in need of a minimum of $1 million in financing to large enterprises seeking $200 million.

The conference is focused on sound investment opportunities that are ready to move forward immediately rather than any specific industries. It will also assist potential investors by including discussions on the investment environment and related laws in Iraq. The conference is already attracting significant international interest with companies attending from America, Australia, Europe, Japan, China and GCC countries.

Similar conferences earlier in the year were held in the UAE for the western portion of Iraq and the Kurdistan Regional Government.

Companies and organizations from the GCC negotiated over 65 joint ventures in western Iraq while the Kurdistan regional conference generated over US $230 million of trade and investment over the three-day conference.

The Iraq Business and Investment Conference provides a ground floor opportunity for companies and organizations based in the UAE and GCC to trade and invest in a region that provides the appropriate governance, infrastructure and business opportunities in an attractive investment environment.

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Sunday, August 26- 2007 @ 14:45 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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