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Iraq awards Al-Mawj Investment a $1.1 billion contract for new residential city in Basra.

Oct 30, 2026

Contract Type

contract

BasraReal EstateReal Estate InvestmentHospitalityCommercial Real Estate

Description

Iraq has granted a contract for the construction of the 'Basra Homeland Residential City' to Al-Mawj Investment and Real Estate Development Company. The project, costing approximately 1.4 trillion Iraqi dinars, aims to address housing shortages and create job opportunities.

Quick answer

Iraq awards Al-Mawj Investment a $1.1 billion contract for new residential city in Basra. (October 30, 2026). Al-Mawj Investment and Real Estate Development Company is based in Basra, Basra Governorate, Iraq.

What agreement did Al-Mawj Investment and Real Estate Development Company announce on October 30, 2026?
Iraq has granted a contract for the construction of the 'Basra Homeland Residential City' to Al-Mawj Investment and Real Estate Development Company. The project, costing approximately 1.4 trillion Iraqi dinars, aims to address housing shortages and create job opportunities.
What does Al-Mawj Investment and Real Estate Development Company do?
Al-Mawj Investment and Real Estate Development Company is a local firm based in Iraq.
Where is Al-Mawj Investment and Real Estate Development Company based?
Al-Mawj Investment and Real Estate Development Company is based in Basra, Basra Governorate, Iraq.
Which similar companies announced contracts around the same time?
Cushman & Wakefield (October 28, 2026), Howard Hanna Real Estate (October 28, 2026), D Developments (November 1, 2026) and EagleRock Land (November 3, 2026) also announced agreements within 45 days of Al-Mawj Investment and Real Estate Development Company.

Source: Fundz verified event record.

Other recent agreements in Real Estate and Real Estate Investment

Contracts and agreements at companies in the same sectors within 45 days, from Fundz verified event records.

Company Information

Company

Al-Mawj Investment and Real Estate Development Company

Location

Basra, Basra Governorate, Iraq

About

Al-Mawj Investment and Real Estate Development Company is a local firm based in Iraq. The company specializes in real estate and urban development projects. They focus on creating modern and sustainable living spaces. Their initiatives aim to address housing needs and enhance the living standards in the region.

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