Iraqi exiles are returning to Baghdad looking for business opportunities that are now possible with the old regime gone.
After decades of exile, many successful Iraqi’s who were forced to flee Iraq, are coming home and bringing with them money and business acumen gained from their years of exile in Europe and the United States.
Some see Baghdad as dominating the region, much as Dubai does now, as the commercial center of the oil rich region.
With the old regime gone, signs of plenty seem to be everywhere in Baghdad.
Supporting these hopes is the World Bank projection of a sharp rebound in 2004, ranging anywhere from 30% to 70% in an overall economy worth $17 billion to $22 billion.