Saturday, November 23, 2024

Baghdad

Iraq, UAE discuss Development Road’s investment opportunities

 Iraq, UAE discuss Development Road’s investment opportunities

The Iraqi Prime Minister, Mohammed Shai Al-Sudani, and the UAE Minister of Energy and Infrastructure, Suhail Al-Mazrouei. Photo: Prime Minister’s press office

Baghdad (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, discussed on Saturday investment opportunities related to the Development Road with the UAE Minister of Energy and Infrastructure, Suhail Al-Mazrouei, according to a statement issued by the Prime Minister’s press office.

Al-Sudani received Al-Mazrouei who was heading his country’s delegation participating in the Development Road conference held in the Iraqi capital, Baghdad.

Al-Sudani and Al-Mazrouei discussed the relations between the two countries, especially aspects related to energy as it represents an important sector, and the future industries and investments related to this vital sector.

Both sides reviewed the positive impact of the project on the economy of Iraq and the countries of the region.

The Iraqi Prime Minister stressed that the Iraqi government prepared an integrated plan to develop basic sectors in the country.

Al-Sudani also stressed that his government is keen to provide a safe investment environment, particularly since Iraq represents a promising investment destination.

Iraq is eager to establish strong relations with the UAE, according to a statement issued by the Prime Minister’s press office on May 20.

The statement mentioned that Al-Sudani met with the Vice President of the UAE, Sheikh Mansour bin Zayed Al Nahyan, on the sidelines of the 32nd Arab League Summit held in the Saudi city of Jeddah.