Iraq: New consumer market to open

Published February 24th, 2005 - 07:11 GMT
Al Bawaba
Al Bawaba

According to <i>Azzaman</i> newspaper, the Humanitarian Association of Retirees in Iraq is expected to inaugurate in the next few days a new non-profitable consumer market aimed at supplying the retirees with durable goods though convenient installment payments. Mr. Abdulredha Al-Shayaa', Head of Association, said that the Association has undertaken all necessary measure to assure this market's success based on agreements signed with several trade companies. He added that this initiative aims to enrich the purchasing power of the Iraqi retirees. It enables the retirees to buy durable commodities based on their financial abilities, the official said.