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Friday, October 24, 2025 6:29 GMT
Iraqi Prime Minister Mohammed Shiaa Al-Sudani has laid the foundation stone for the Baghdad International Hospital, to be developed by Apex Health, a subsidiary of Qatar's Estithmar Holding (Qatari Investment Holding Company). Al-Sudani welcomed the Qatari delegation and praised the project as a new chapter in bilateral cooperation, recalling the visit of the Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, who announced a package of investments worth between US$5 billion and US$7 billion across multiple sectors. He emphasised his government's commitment to creating a business-friendly environment by reducing bureaucracy, amending outdated investment laws, and implementing supportive regulations.Key points from the Prime Minister's remarks included: - Iraq has opened its doors to reputable international companies, including Qatari Investment Holding. - The government has taken measures to support the private sector and attract investments exceeding US$102 billion. - Despite regional instability, Iraq continues to pursue an investment-driven growth strategy. - The Development Road project presents significant opportunities for global investors. - The health sector remains a top priority, with progress seen through the implementation of the Health Insurance Law and partnerships with US and UK pharmaceutical companies. - The government is supporting local drug manufacturers, upgrading hospitals, and introducing modern management models through joint operations with renowned medical institutions.