Qatar to invest $5bn in Iraq projects after Emir’s trip to Baghdad – The National

  • Date: 16-Jun-2023
  • Source: The National
  • Sector:Real Estate
  • Country:Qatar
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Qatar to invest $5bn in Iraq projects after Emir’s trip to Baghdad – The National

Qatar will invest $5 billion in various projects in Iraq in the coming years, the country's Emir Sheikh Tamim announced on Thursday during a visit to Iraq to strengthen bilateral relations.

The two countries signed various economic agreements on Thursday, Sheikh Tamim said during a press conference with Iraqi Prime Minister Mohammed Shia Al Sudani.

Sheikh Tamim arrived in Baghdad on Thursday for a visit aimed at improving relations, discussing co-operation on Iraq's largest megaproject near the southern port city of Basra and an ongoing project to connect the country's electricity grid with that of countries in the Gulf-Co-operation Council.