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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.

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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Al-Mawj Investment and Real Estate Development Company signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.