Qatari firms invest $9.5bn in Iraqi projects.

Three Qatari companies and Iraq's National Investment Commission have agreed to develop $9.5 billion worth of projects in Iraq, including the construction of a pair of power plants that will generate a total of 2,400 megawatts. The projects also include managing hospitals, developing two "new comprehensive cities," and building a series of new 5-star hotels totaling 10,000 rooms. The agreements were signed during a visit to Baghdad by Qatar's ruling emir on Thursday.