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major investment from its allies aimed at reconstructing the country after long years of conflict the united states had already pledged a loan worth three billion dollars other investors of the billions more this week but that still falls short of what baghdad is seeking and needs the war against islamic state produced numerous around the cities to rubble it will take a lot more money and time to breathe life back into the nation. rebuilding a country after decades of war it doesn t come cheap iraq estimates the cost of close to ninety billion dollars. q.h. the nation hosting the conference is one of many countries making financial commitments. for three days to announce the state of kuwait s commitment to support our brothers in iraq by committing a one billion dollar loan under the mechanisms of the kuwait fund for economic development. go through but it s not all about
profits from siemens and siemens will after the i.p.o. here after it becomes public and listed still be the major shareholder so it will get a cash injection for the group plus participate in profits in the future that s the same for deutsche bank and it s asset management e.w.s. it will remain the major shareholder after an i.p.o. but it s doing it for a different motive i think it needs the money from the i.p.o. to build up its capital base the bank says itself capital base for financially stable but many others do not think so so that s a major mode of their first in fact i think you. iraq is open for business that s the message officials are pushing at an international donors conference wrapping up today in kuwait iraq is hoping to lure major investment for reconstruction in the country after years of conflict the united states has already pledged three billion dollars other investors of billions more this way still fall short of what baghdad