Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th October 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD932 (-1.5%) / $814 (-1.9%) (weekly change) (+1.5% and +1.2% YTD change, respectively). The weekly trading volume was […]
By John Lee. The World Bank's International Center for Settlement of Investment Disputes (ICSID) has reportedly dismissed a German investor's claim arising out of the Iraqi Government's alleged takeover of a cement factory in Kirkuk. In the case (ICSID Case No. ARB/20/21), AHG Industry GmbH & Co. KG was said to be claiming $878 million […]
IBBC focused on 'Business Opportunities' at this year's Dubai Iraq Conference, 10 & 11 November Iraq Britain Business Council (IBBC)'s Dubai Autumn Conference this year is going to be significantly focused on 'Business Opportunities' for members and delegates, with the discussion of tangible investment and business opportunities throughout the sessions. Iraq has a bullish consumer […]
By John Lee. The Iraqi Cabinet has adopted the recommendation of the Ministry of Foreign Affairs regarding the opening of a Qatari general consulate in Erbil. Iraq reserves its right to open an Iraqi consulate in Qatar in the future, according to the principle of reciprocity. (Source: Iraqi Cabinet)
The Council of Ministers of the Kurdistan Regional Government (KRG) has discussed a bill to regulate the movement of agricultural products in the market and during importation in order to prevent the spread of agricultural diseases. The bill, which is the implementation of a Federal Law in the Kurdistan Region, was approved by the Council […]
By Firas Elias for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran's Dilemma in Managing Shiite Conflicts in Iraq Iran has recently adopted a more hands-off approach in Iraqi politics, hoping that the internal fractures will […]
By John Lee. Wolf Gyms and Al Burhan Group (ABG) have announced a joint venture to operate a 600-sq-meter, state-of-the-art gym and fitness facility at Baghdad International Airport (BIAP), which is open for members. The fitness center's soft opening is on the 14th October, with a full opening a month after. Wolf Gyms, which currently […]
By John Lee. Sardar Trading Agencies, the official distributor of Jaguar Land Rover in Iraq, has opened a new $12-million Jaguar Land Rover facility in Baghdad's Al Mansour district. According to a report from Iraq Britain Business Council (IBBC), the facility is a one-stop shop built on 6,000m² of land with a total build area […]
Iraqi private sector development company Kapita is running a Zoom webinar on "Startups Investment Awareness". The webinar will focus on investing for startup companies and the Iraqi Angel Investors Network (IAIN). Please click here to register. (Source: Kapita)
The UK's Chevening Scholarships programme is open for applications until 1st November 2022, at 12:00 (GMT). Chevening is the UK government's international scholarships programme. Funded by the Foreign, Commonwealth and Development Office and partner organisations, we offer awards to study in the UK for one year on a fully funded master's degree course. Successful Chevening […]
By Hassan Al-Saeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's commitment to OPEC oil reduction won't affect exports Iraq's oil reduction per the recent OPEC+ agreement will not affect the country's revenues, according to Iraq's oil minister. Click […]
By John Lee. South Korea's Hanwha Engineering & Construction has reportedly abandoned construction at the giant Bismayah New City housing project near Baghdad. According to Korea Economic Daily, the decision was made having failed to receive payments for years from the Iraqi government. It says the company expects losses of up to $581 million if […]
