Archive | Investment

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

Kirkuk Seeks U.S. Investment

U.S. firms are welcome to invest in the oil-rich province of Kirkuk, an official statement said. The statement, issued following a visit by some U.S. business representatives, said there were good investment opportunities in the province particularly in oil development, electricity and the refining of crude oil. The province, of which the city of Kirkuk, […]

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Investments in Erbil to Exceed $7bn

Investment projects in the capital of Kurdistan region, Erbil, are estimated at $7.5bn, the deputy governor reported on Tuesday. “We expect that investment will increase in the coming years,” Tahir Abdullah said. The projects have been carried out in different sectors, such as industry, reconstruction, agriculture and housing projects in Erbil, Abdullah noted. A member […]

Maliki Urges Jordanians to Invest in Iraq

Iraq’s Prime Minister, Nouri al-Maliki, called on Jordanian investors and companies to take part in the reconstruction operations in the country, according to a statement from his office. “Al-Maliki received on Wednesday (July 7) the Jordanian Ambassador in Baghdad, Mohammad Taissiyer al-Musaada,” said the statement received by Aswat al-Iraq news agency. The statement quoted the […]

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Vice-President Calls for Stronger Ties with Australia

Vice President Tareq al-Hashemi called for stronger economic and trade relations with Australia, according to a statement of his office on Wednesday. “Al-Hashemi received on Wednesday (July 7) the Australian Ambassador to Baghdad, Robert James Tyson,” said the statement received by Aswat al-Iraq news agency. He went on to urge Australian investors to invest in […]

Erbil Stock Exchange Opens for Business

AK News reports that the Erbil Stock Exchange has opened for business. “The Kurdistan regional government (KRG) has continually strived to create an environment for the local businessmen and traders to have shares in the local companies of Kurdistan,” the secretary of the high economic council of KRG, Izzat Mullah said. Erbil stock market is […]

Iraq Launches Five-year Plan for Economic Development

China’s Xinhua News Agency is so far the only source to report on Iraq’s new five-year National Development Plan (NDP), announced on Sunday. The plan targets annual economic growth of 9.4 percent and attempts to cut unemployment. The country’s 2010-2014 NDP was announced in a televised event in Baghdad attended by top Iraqi officials, including […]

Are there really people in 112 countries waiting to hear from you?

Is your business in Iraq or going to Iraq or just thinking about it? Either way our community of subscribers and readers in 112 countries will almost certainly contain people who could become customers or influence buying decisions. Some of them may already be customers. Either way, telling them about your business, keeping your name […]

ISX enters period of suspended animation

Over the last three months, stocks accounting for over half the turnover on the Iraq Stock Exchange (ISX) in the first quarter of this year have been suspended from trading.  (See chart.  Trading values for the quarter were computed from statistics available in the Rabee Securities Weekly Bulletin, online at http://rabeesecurities.com)  Of the first quarter’s […]