Mr. Mohammed Al-Husseini, Deputy Director of the Riyadh Fairs Company, said that the Saudi companies aim to increase up to US$1.2 billion their investments in Baghdad through the next two years. The official added that 65 Saudi companies will attend the Rebuild Iraq International Exhibition in Amman next
April in an attempt to expand their shares in the Iraqi markets.
Iraq is expected to lure $44 billion worth of investments in the upcoming few
years, he added. These investments will be pumped into the following
sectors: development, infrastructure, building, housing, gas, agriculture,
health, education, telecommunication and information technology.
