25.2 C
Iraq
Sunday, February 22, 2026

Iraq: USD/IQD Exchange Rates Slip to 152,600 in Baghdad and 152,750 in Erbil

Iraq’s currency market recorded slight declines as USD/IQD exchange rates slip in Baghdad and Erbil. Traders opened the session with lower dollar prices across...
HomeEconomyIraq Mall in Baghdad Spans 550,000 Square Meters and Creates 50,000 Jobs,...

Iraq Mall in Baghdad Spans 550,000 Square Meters and Creates 50,000 Jobs, Transforming Urban Retail and Economy


Baghdad has entered a new phase of retail expansion with Iraq Mall in Baghdad. The project reshapes commercial life in the capital. Moreover, it signals strong confidence in urban growth. Iraq Mall in Baghdad stands as a landmark for investors and families alike.

Developers chose the Al-Dora district for strategic reasons. The site sits near the Two-Story Bridge. This location connects major roads across the capital. As a result, visitors can access the mall easily from different neighborhoods.

The project covers more than 550,000 square meters. Therefore, it ranks as the largest mall in Iraq. In addition, it stands among the biggest retail complexes in the region. Iraq Mall in Baghdad hosts more than 1,000 retail stores. These outlets include global and local brands. Shoppers can visit Zara, Mango, Hugo, Lefties, and DeFacto. Consequently, customers enjoy international fashion without leaving the country.

However, the complex offers more than shopping. It provides modern cinema halls for film lovers. It also includes family gaming zones for children and youth. Furthermore, visitors can dine at a wide range of restaurants and cafés. Landscaped gardens create open spaces for relaxation. The mall also features a choreographed dancing fountain. Developers describe it as the first of its kind in Iraq.

The complex integrates mixed-use facilities as well. A residential tower rises within the project. In addition, a 23-story hotel supports tourism and business travel. Therefore, Iraq Mall in Baghdad combines retail, housing, and hospitality in one destination.

Parking capacity reaches more than 7,000 vehicles. This large facility improves accessibility. Consequently, the mall can host thousands of visitors daily. The design supports heavy traffic during peak hours.

Iraqi businessman Hassan Al-Lami owns and operates the project. He calls the mall a turning point for Baghdad’s commercial sector. He emphasizes higher service standards and modern infrastructure. Moreover, he highlights the project’s national significance.

Currently, about 4,000 employees work at the site. Management expects 25,000 direct jobs once operations reach full capacity. In addition, projections exceed 50,000 workers when all units operate fully. Therefore, Iraq Mall in Baghdad plays a major role in job creation.

Opening day attracted massive crowds from across Baghdad. Families filled all floors of the complex. Live music performances entertained visitors. Fireworks lit up the sky during the celebration. Clearly, residents showed strong anticipation for the project.

Economists expect the mall to stimulate economic activity. Increased retail sales can boost local suppliers. In addition, hospitality services may attract regional tourists. Investors may also consider similar large-scale projects. Therefore, Iraq Mall in Baghdad strengthens Baghdad’s urban transformation.

The capital continues to modernize its infrastructure. Large projects now shape new lifestyle trends. Iraq Mall in Baghdad reflects this shift toward integrated commercial spaces. Consequently, the city moves closer to regional retail standards.