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Policy & Legal Updates
Source: Arabian Business

Iraq Overturns Saddam-Era Curbs on Foreign Ownership and Corporate Investment

Iraq's Federal Supreme Court has struck down Saddam Hussein-era measures that restricted foreign corporate investment and property ownership. The ruling eliminates long-standing legal inconsistencies as Baghdad works to draw billions in Gulf capital from the UAE, Saudi Arabia, and Qatar. While regional energy and infrastructure deals are already underway, investors note that bureaucracy and financing costs remain operational obstacles.

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