Middle EastWorld

Iraqi president calls on Arabs to invest in his country

Kuwait: Iraqi President Abdulatif Rashid on Wednesday urged Arab states to invest in his country affirming that the political and security conditions have been stable.

The president made the appeal during a reception of Arab ambassadors to Iraq, including the Iraqi envoy Tareq Al-Faraj.

The presidency quoted Al-Rashid as saying in a statement that Iraq has feasible investment opportunities, such as rehabilitation of the infrastructure, revealing that the state budget would be endorsed soon, a step that would revitalize vital enterprise.

Regarding the security situation, he described it as stable adding that the media have not mirrored this fact.

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