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IFC Invests in Iraqi Cement Company | Iraq Business News - Vimarsana News

IFC Invests in Iraqi Cement Company | Iraq Business News

By John Lee. The International Finance Corporation (IFC), part of the World Bank Group, is investing in Al-Douh Iraqi Company for Cement Industries ("Al Douh"), a leading cement manufacturer and part of Al-Riyadh Investment Companies Group (RICG). According to a statement from the IFC, the decision was made to help boost economic diversification and spur

$112m for Turkish Agri Complex at Umm Qasr Port - Vimarsana News

$112m for Turkish Agri Complex at Umm Qasr Port

The International Finance Corporation (IFC), part of the World Bank Group, is supporting Sama Al-Manar and Manar FZCO, subsidiaries of Türkiye-based Tiryaki Agro, in developing a new state-of-the-art agro-industrial complex in Iraq's Umm Qasr Port, including a soybean crushing plant and warehouses, which will help bolster food security, create jobs, and diversify the country's economy