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Economy of Baghdad


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Iraqi Airways, the national airline of Iraq, has its headquarters on the grounds of Baghdad International Airport in Baghdad. Al-Naser Airlines has its head office in Karrada, Baghdad.

Reconstruction efforts

Most Iraqi reconstruction efforts have been devoted to the restoration and repair of badly damaged urban infrastructure. More visible efforts at reconstruction through private development, like architect and urban designer Hisham N. Ashkouri's Baghdad Renaissance Plan and the Sindbad Hotel Complex and Conference Center have also been made.

There are also plans to build a giant Ferris wheel akin to the London Eye. Iraq's Tourism Board also is seeking investors to develop a "romantic" island on the River Tigris in Baghdad that was once a popular honeymoon spot for newlywed Iraqis. The project would include a six-star hotel, spa, an 18-hole golf course and a country club. In addition, the go-ahead has been given to build numerous architecturally unique skyscrapers along the Tigris that would develop the city's financial centre in Kadhehemiah.

In October, 2008, the Baghdad Metro resumed service. It connects the center to the southern neighborhood of Dora. In May 2010, a new residential and commercial project nicknamed Baghdad Gate was announced. This project not only addresses the urgent need for new residential units in Baghdad but also acts as a real symbol of progress in the war torn city, as Baghdad has not seen projects of this scale for decades
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