Saudi Arabia and Iraq to build $1 billion shopping district in Baghdad – The National

  • Date: 06-Jun-2023
  • Source: The National
  • Sector:Retail
  • Country:Saudi Arabia
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Saudi Arabia and Iraq to build $1 billion shopping district in Baghdad – The National

Saudi Arabia and Iraq will develop a $1 billion shopping district in Baghdad as part of measures to enhance economic co-operation, the kingdom’s ambassador to Iraq has said.

The Baghdad Avenue project will be built near the capital's international airport, Abdulaziz Al Shammari told Iraqi News Agency.

It will be the biggest shopping district in Iraq, with restaurants, shops and commercial offices, as well as 4,000 apartments and 2,500 villas, he said.