Iraq

Baghdad has suggested that Gulf Cooperation Council countries invest in Iraq farms to help revive its agriculture and ensure the Gulf's food security locally.

"Agriculture companies from Germany and the United States have also shown interest in developing a project in Iraq, but nothing is final yet," said Sami R Al Araji, the chairman of Iraq's National Investment Commission

والسؤال الآن يدور حول العراق.

Gulf investors and sovereign wealth funds are pouring more cash into regional projects in renewable energy, farmland and infrastructure as focus turns to home, a PricewaterhouseCoopers partner said yesterday.

Iraq is offering Gulf investors farmland on long term lease contracts as part of a plan to restore its agriculture sector, an official said on Monday.

Leasing farms on contract in Arab countries such as Iraq, Egypt and Sudan might be an option to deal with severe shortage of agriculture lands and water in Bahrain.