The Iraqi Stock Exchange (ISX) index dropped slightly on Monday by 0.04% after the recent explosions that rattled the Iraqi capital, to close at 91.2 points as share prices of 12 firms out of a total 27 that traded in Monday’s session went down. Baghdad had been hit by a series of car bombing attacks […]
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
People in the Arab world need fuller and freer information about shrinking water supplies but their governments are withholding it for fear of fuelling unrest, a United Nations expert said on Thursday. Arable land makes up just 4.2 percent of the Middle East and North Africa and is expected to shrink due to climate change […]
The 5th International Book Fair was opened on Friday in Arbil city with the participation of 250 publishing houses. “The fair is an evidence of Kurds’ awareness,” President of the Iraqi Kurdistan Region Massoud Barzani said in the fair’s opening speech as reported by Aswat al-Iraq news agency. He said that books still have an […]
The Ministry of Industry and Minerals hosted a training course yesterday organized by the Integrity Commission in cooperation with General Inspectors Office under the title “Financial and administrational corruption and protection of the general fund”, Senior staff from the Integrity Commission and central office staff attended in the location of the ministry. In a communiqué, […]
An Indian company has expressed its desire to invest in Wassit, the president of the Wassit Investment Commission said on Monday. “A delegation from an Indian company expressed its interest in implementing investment projects in the housing and agriculture sectors,” Dr. Sattar Jaber told Aswat al-Iraq news agency. “The company presented a request to allocate […]
The Iraqi port of Umm Qasr received on Monday for the first time a ship carrying rice for the Trade Ministry, the public relations and media director at the State Company for Iraqi Ports said. “The Panamanian ship arrived at the port carrying 40,000 tons of rice within the ration card contracts,” Anmar al-Safi told […]
Two containers carrying smuggled cars were seized at Umm Qasr Port in Basra province. “Security forces at the port seized the two containers and the eight cars inside them,” a local security source told Aswat al-Iraq news agency on Monday. He said that security forces are tracking down individuals involved in smuggling the containers. ( […]
The State Company for Iraqi Fairs has signed a contract with an Iranian company to hold a trade fair for Iranian products in Najaf next month, the director of the Iraqi company said. “The State Company for Iraqi Fairs signed the contract with the Iranian Maared Mashhad,” according to a trade ministry’s statement, quoting Hashem […]
Up to 240 major Iraqi factories will be opened up for foreign investors, it was revealed yesterday.
Local wool has been exported to Iran through the Abu Falous Port in Basra province, the public relations and media director at the State Company for Iraqi Ports said on Sunday. “The Iranian ship Rahmat has landed at Abu Falous Port to transport Iraqi wool to Iran,” Anmar al-Safit told Aswat al-Iraq news agency. ( […]
Iraq wants to form joint ventures with foreign investors to overhaul some 240 idle factories around the country
The Iraqi Stock Exchange (ISX) index this week went down to register 94.8 points with trading worth 3.4 billions Iraqi dinars, compared to last week which registered 97 points. Traded shares this week worth around 3.425 billion Iraqi dinars ($2.9 million) through 1282 deals with non-Iraqi investors completing 175 deals worth 645.615 million Iraqi dinars, […]