Archive | Investment

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

Iraq Granted 257 Investment Licenses in 2018

By John Lee. The National Investment Commission (NIC), along with investment commissions in the provinces, granted 257 investment licenses during 2018. According to a statement from the NIC, this represents a combined investment of more than 8 billion dollars in the Iraqi economy. Four of these licenses were issued for strategic projects at a cost […]

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Baghdad defends Iraq-Jordan Agreement

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.  Baghdad defends advantages of Iraq-Jordan agreement from critics Iraqi Prime Minister Adel Abdul Mahdi and his Jordanian counterpart, Omar al-Razza, signed 14 economic agreements Feb. 2 between the two countries, during […]

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Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st February 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD605 (-3.7%) / $650 (-3.7%) (weekly change) (-8.3% and -8.5% YTD change, respectively). The number of week traded […]

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Iraq-Jordan Trade Deal stirs Iraqi Discontent

By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Economic treaty between Iraq, Jordan stirs Iraqis’ discontent Iraqi Prime Minister Adel Abdul Mahdi and his Jordanian counterpart, Omar al-Razza, signed 14 economic agreements Feb. 2 between the two countries, […]

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PM welcomes Increased Cooperation with UK

By John Lee. Prime Minister Adil Abd Al-Mahdi received Baroness Emma Nicholson, the Chairman of the Iraq Britain Business Council (IBBC), at his office on Sunday to discuss cooperation between Iraqi and British businesses, and proposed investment projects in Iraq. The Prime Minister said that stability in Iraq provides an opportunity to increase reconstruction efforts, […]

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IBBC signs MoU with the German Counterpart

IBBC signs Memorandum of Understanding with the German Liaison Office for Commerce & Industry The Iraq Britain Business Council (IBBC) and the German Liaison Office for Industry and Commerce in Iraq (DWI) have signed a Memorandum of Understanding (MoU) to increase cooperation between the organisations to support and grow trade between the UK, Europe and […]

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Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD639 (+0.1%) / $689 (+0.1%) (weekly change) (-3.0% and -3.0% YTD change, respectively). The number of week traded […]

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Market Review: “Money makes the World go Round”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Iraq Stock Exchange (ISX), as measured by the Rabee Securities RSISUSD Index, started the year not with a bang but with a whimper, as […]

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Turkey to provide $5bn Loan to Iraq

By John Lee. Turkey will reportedly provide around $5 billion in loans for the reconstruction of Iraq. According to Anadolu Agency, Foreign Minister Mevlut Cavusoglu (pictured) told a meeting in Istanbul on Sunday: “We will provide $5 billion credit … We have already begun coordination of these works for the reconstruction of Iraq,” (Source: Anadolu Agency)

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New Investment Opportunity in Iraq

By John Lee. The National Investment Commission (NIC) has announced an investment opportunity to establish a residential complex on the National Security Collage location (formerly), Al Jihad Q. plots no. (2/1190, 3/3574, 3/2552, 3/2557, 3/13384 district 18 Amriya) according to Investment Law no. 13 for 2006 (amended). Specialized local and foreign interested companies can apply […]

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Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD639 (-0.6%) / $688 (-0.6%) (weekly change) (-3.1% and -3.1% YTD change, respectively). The number of week traded […]

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