27 investment licenses to international companies in Karbala – official

KARBALA / IraqiNews.com: The Karbala local council has granted 27 investment licenses to international and Arab companies, including an Iranian company, chairman of the Karbala council said Monday. “All news assert that Iranian companies control the Karbala market are baseless,” Mohammad Hamad al-Moussawi told IraqiNews.com news agency. Media reports unveiled investment projects of Iranian al-Quds group in Karbala and Najaf to support armed groups in Iraq, while the U.S. army had reiterated its accusations to Iran of attempting to impose its political, economic and military control on Iraq. “There is only one Iranian investment company in Karbala,” he added. SH (TP) 719