Trucks at Habur border gate, when Turkey’s TOBB, was
seeking its way out of $12 billion Iraq market last
year, amid the ongoing offensive by the
New Bahrain firm to spur Iraqi investment
MANAMA, November 9, 2015
Bahrain could cash in on instability in Iraq, thanks to an initiative to persuade wealthy Iraqi businessmen to invest their money here. A new company that hopes to attract Iraqi investment into Bahrain is due to be formed early next year. The planned Bahrain-Iraq Holding Company was announced yesterday (November 8) during the first meeting of the Bahraini-Iraqi Joint Business Council in Manama, said a report in the Gulf Daily News (GDN), our sister publication.
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