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Egypt wins strong foothold in Iraq’s reconstruction

Millions of Egyptian workers may benefit from their government's involvement in Iraq’s massive reconstruction process.
TOPSHOT - A view shows the ravaged al-Idara al-Mahalia stadium, which was once used by Islamic State group fighters as a weapons depot, near the northern Iraqi city of Mosul on October 22, 2020. - Jihadi fighters from the Islamic State (IS) group seized Mosul in 2014, later expanding its so-called 'caliphate' to over a third of Iraq and into neighbouring Syria. In 2017, Iraqi and coalition forces forced the hardened insurgents out in a grinding urban battle that left the ancient city in ruins. The bullet-ri

CAIRO — On Dec. 4, the Federation of Egyptian Chambers of Commerce announced that a newly formed unit is collecting information on reconstruction projects in Arab countries, including financing opportunities, for the use of interested Egyptian companies.

In a statement, the federation noted that the Egyptian government has come a long way in establishing a strategic partnership with the Iraqi government regarding the reconstruction of Iraq, as well as other countries such as Lebanon, Libya and South Sudan.

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