Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th Oct 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD756 (-2.5%) / $772 (-2.5%) (weekly change) (-21.2% and -18.5% YTD change, respectively). The number of week traded […]
The Government of Italy has contributed an additional US$2.7 million (€2.4 million) to UNDP’s Funding Facility for Stabilization (FFS), which finances fast-track initiatives in areas liberated from the Islamic State of Iraq and the Levant (ISIL). This brings Italy’s total contribution to FFS to almost US$10.6 million (€9.4 million) to date. Based on priorities identified […]
Planning Prospects for the Reconstruction and Recovery of Mosul Discussed with Key Partners The United Nations Human Settlements Programme (UN-Habitat), under the patronage of the Secretariat of the Council of Ministers, hosted a seminar in Baghdad to discuss Planning Prospects for the Reconstruction and Recovery of Mosul. The event gathered a wide range of partners, […]
The Central Bank of Iraq (CBI) has directed all Iraqi banks to adopt user protection standards approved by SWIFT before the end of 2017. The bank explained that the standards of the 16-user protection network can be summed up by the need to restrict access to the Internet, separate sensitive systems from the overall IT environment, […]
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. With its shelves filled with books by Russian and Italian authors alongside contemporary Iraqi writers, Books Town provides a welcome refuge in Baqubeh in Diyala governorate, which is known […]
By Bryant Harris for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Congress is threatening to stop sending weapons to Baghdad after reports today that Iraqi forces and Iran-backed Shiite militias are shooting at US-friendly Kurdish forces in northern Iraq. Iraqi federal […]
The International Container Terminal Services Inc. (ICTSI) has signed the Expansion Agreement for the second major development phase of the Basra Gateway Terminal (BGT) in North Port, Umm Qasr, Iraq. Two new berths will be developed incorporating a 20 hectare yard area thereby raising annual BGT container handling capacity by 600,000 TEU to a total […]
Ur State Company, one of the companies of the Ministry of Industry & Minerals is pleased to announce the availability of an investment opportunity to participate in a percentage of production medium voltage cables products and invites Iraqi, Arab and foreign companies with experience and specialization in the field of investment to participate and contract […]
The Ministry of Oil has announced the availability of data portfoliso to develop the Basrah refinery. The closing date of selling data portfolios is at the end of the work hours of Sunday the 19th of November 2017, and the receipt of the documents from the companies which would like to fund and execute the above […]
Iraqi Government to Launch a National Contingency Plan to Tackle Oil Spill Incidents On 22 and 23 October 2017, Ministry of Oil, Ministry of Health and Environment and Ministry of Transport had discussions with the team of Japan International Cooperation Agency (JICA) in Basra to finalize Iraqi National Oil Spill Contingency Plan (NOSCP) in order […]
Statement from Kurdistan Regional Government: As Iraq and Kurdistan are faced with grave and dangerous circumistances, we are all obliged to act responsibily in order to prevent further violence and clashes between Iraqi and Peshmerga forces. Attacks and confrontations between Iraqi and Peshmerga forces that started on October 16, 2017, especially today's clashes, have caused […]
Iraq’s foreign minister Ibrahim Jaafari (pictured) met his Russian counterpart in Moscow on October 23 where he said Baghdad seeks stronger economic ties and the development of a strategic partnership with Russia. “Relations are already at an excellent level in various areas: politics, economy, security. After turning the page of the fight against terrorism, our […]
