We provide a Global Financial Services, have many opportunities in a variety of industries. We add to our database in multiple sectors such as Agribusiness, Township & Green City, Public Housing, Tourism & Hospitality, Public Education, Public Health Care, Power & Energy, Mining & Mineral, Oil & Gas, Consumer Goods, Fishery & Maritime, Telecommunication, Media, Transportation & Infrastructure.
Culturally, IRAQ has a very long and rich heritage. The country is known for its poets and its painters and sculptors are among the best in the Arab world, some of them being world-class. Iraq is known for producing fine handicrafts, including rugs and carpets. The economy Iraq is chiefly an agricultural country, but the development of its oil reserves in the latter half of the 1900s transformed the economy. In 1960, Iraq became a founding member of the Organization of Petroleum Exporting Countries (OPEC). Oil is Iraq’s chief export and source of income. The economic outlook has improved due to higher oil prices and improving security situation, but constraints on capital spending will impede a recovery-driven growth acceleration. Growth is expected to spike to 8.1 percent in 2020 due mainly to higher oil output, with OPEC agreement coming to an end in mid 2019. Iraq is slowly recovering from the traumatic war against the Islamic State, which seized large swaths of territory in western Iraq in 2014 and continues to pose a terrorist threat. Results of the May 2018 parliamentary elections increased the power of populist firebrand and Shia cleric Moqtada al-Sadr, who backed Adil Abdul-Mahdi, the former vice president of Iraq from 2005 to 2011 who became prime minister in October 2018. Iraq’s state-dominated economy is led by the oil sector, which provides approximately 85 percent of government revenue. The war against the Islamic State imposed a high cost on the economy, which also has been hurt by rampant corruption, sluggish oil prices, and war-related damage to infrastructure. With Iraq’s potential and the financial services offered from us there will be many possible opportunities for cooperation.