Basra Investment Authority Transition Management
Leadership Changes in the Basra Investment Authority
The head of the Investment Committee within the Basra Governorate Council, Aytaf Al-Tamimi, has announced the issuance of an administrative order on March 6, 2025, by Governor Asaad Al-Eidani. This order facilitates the temporary management of the Basra Investment Authority following the conclusion of the previous head’s assignment, until a new chief is appointed.
In remarks to local officials, Al-Tamimi indicated that the previous head of the authority, Alaa Abdel-Hussein Salman, must vacate his position and revert to his prior responsibilities. The governor will relay the administration of the authority during this interim period until a new leader is elected. Al-Tamimi emphasized the necessity of this transition, stating that the ongoing presence of the former head is untenable given official regulations that stipulate the removal of individuals whose appointments are not duly formalized.
Furthermore, a document released by the office of Governor Asaad Al-Eidani, dated March 5, 2025, formally confirms the end of Alaa Abdel-Hussein Salman’s tenure at the Basra Governorate Investment Authority.
This leadership transition is poised to influence future investment strategies and operations within the region, as the new chief will take on the significant responsibility of spearheading future projects and enhancing the investment climate in Basra.