Iraq
Iraq shares borders with Turkey, Iran, the Gulf of Oman, Kuwait, Saudi Arabia, Jordan and Syria. The capital of Iraq is Baghdad with its official language being Arabic. Iraq covers a total area of 438,173 sq kms and has a population of 29.49 million.
Iraq's economy is dominated by the petroleum sector, which has traditionally provided about 95% of foreign exchange earnings. Traditionally, Iraq’s manufacturing activity has been closely connected to the oil industry. The major industries in that category have been petroleum refining and the manufacture of chemicals and fertilizers In the 1980s, financial problems caused by massive expenditures in the eight-year war with Iran and damage to oil export facilities by Iran led the government to implement austerity measures.
The Iraqi economy is undergoing a transition from one tightly controlled by the government to a free market economy. Significant political, economic, and social changes are taking place, which should open up new opportunities for the rapid economic development of the country.
Baker Tilly Meralis
Our office is located in the Eastern Karada Area at the heart of the commercial district of Baghdad. Surrounded by the most prominent hotels and shopping centres it is very conveniently placed for visiting clients both local and international. It has in its vicinity offices of the main International Airlines, Embassies, Insurance Companies & Banks including both the National Banks and the other main regional Banks.
Currently we have 2 partners, an audit supervisor and audit semi-senior. With support from our BTM offices in Kenya, Dubai, Zambia, Sri-Lanka, and Merali’s in London.
The Iraq office caters to all industries and sectors. We look to help our clients excel in their business and aim to provide exactly what the client needs and more.
OUR MISSION IS TO HELP OUR CLIENTS & TEAM EXCEL
OUR TEAM HAS A PASSION FOR SUCCESS
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