Archive | Investment

Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.

Iraq signs UN Transparency Convention

On 13 February, Iraq signed the United Nations Convention in Transparency in Treaty-based Investor-State Arbitration (“The Mauritius Convention on Transparency”). During the signing ceremony held at Port Louis, Mauritius on 17 March 2015, eight States (Canada, Finland, France, Germany, Mauritius, Sweden, the United Kingdom and the United States) signed the Mauritius Convention on Transparency. Since […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1073 (-0.3%) / $1079 (-0.3%) (weekly change) (+12.1% and +14.3% YTD change, respectively). The number of week traded […]

Iran Mercantile Exchange plans Branch in Iraq

By John Lee. The Iran Mercantile Exchange (IME) has set up a taskforce to “strengthen and deepen” its relationship with Iraq. Among the areas being considered are free economic zones on both sides, simplification of customs regulations, and the use of modern financial instruments like Certificate of Depositary Receipt based on warehousing systems to be […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1076 (-2.7%) / $1083 (-1.9%) (weekly change) (+12.1% and +14.3% YTD change, respectively). The number of week traded […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th Jan 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1105 (+3.1%) / $1104 (+3.3%) (weekly change) (+15.2% and +16.5% YTD change, respectively). The number of week traded […]

ShaMaran Arranges new Fundraising

ShaMaran Petroleum has announced that it that it has successfully completed the book build for the equity issue (the “Private Placement”) announced on January 19, 2017, on a private placement basis, of common shares of the Company (“Common Shares”). The pricing of the Private Placement was determined during the book-building process to be CAD 0.10 […]

Making Ends Meet in Iraqi Kurdistan

By Mark DeWeaver. Last November I was back at the American University of Iraq’s Institute of International and Regional Studies in Sulimaniyah, researching a report on the KRG’s latest economic reform initiatives. I was surprised to find that the KRG now has some promising programs underway to increase revenues and cut expenses. Given the dire […]

Iraqis Offer Turkish Firms $200m Project in Baghdad

By John Lee. Following a visit by the Turkish Prime Minister Binali Yıldırım (pictured) to Iraq last week, an Iraqi business delegation has come to Turkey and proposed a $200-million construction project in Baghdad to Turkish businessmen. Tevfik Öz, a member of the board of the Turkish-Iraqi Business Council, told Daily Sabah that the Iraqi […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th Jan 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1074 (+0.2%) / $1068 (+0.6%) (weekly change) (+11.9% and +12.8% YTD change, respectively). The number of week traded […]