In Iraq’s Mosul, a wholesale market revives trade legacy
- Date: 06-Dec-2020
- Source: Arab News
- Sector:Financial Markets
- Country:Middle East
In Iraq’s Mosul, a wholesale market revives trade legacy
In Iraq's Mosul, a wholesale market revives trade legacy
In Iraq's Mosul, a wholesale market revives trade legacy
In Iraq's Mosul, a wholesale market revives trade legacy
An Iraqi salesman waits for customers at the entrance of a shop at the Al-Bursa wholesale market in Mosul. The city has been a commercial hub for centuries. (AFP)
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In Iraq's Mosul, a wholesale market revives trade legacy
Even after the guns fell silent, many families hesitated to return as the city lacked services
Updated 06 December 2020
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MOSUL: Mountains of kitchen supplies, back-to-back butchers: the historic wholesale market in Iraq's Mosul is battling the odds “” from extremists to epidemic “” to revive the city's reputation as a trading hub.
The northern city was a commercial hub for centuries, strategically located along transport routes linking Baghdad to the south, Syria to the west, Turkey further north and Iran in the east.
Thirty years ago, Mosul opened a bulk market known as "Al-Bursa,“ whose shops sold food, homeware and other goods directly to consumers as well as to smaller shops.
"The market raked in around $12 million every month,“ said economist Mohammad Naef, a native of Mosul.
But those golden days came to a screeching halt in 2014, when the Daesh group began