#Administrative capital
Iraq is in talks with Egypt’s Talaat Moustafa Holding Group (TMG), the largest real estate developer on the Egyptian stock exchange, to build a new administrative capital in Iraq’s capital, Baghdad. According to Salar Mohamed Amin, Chairman of Iraq’s National Investment Commission, the capital is set to span more than 38 million square meters, with investments nearing USD 10 billion (EGP 507.4 billion), Iraq expects “to reach a final agreement with the Egyptian group at the beginning of 2026,” Amin…
