Archive | 2023

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st September 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change       RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 1,413.6 5.3% 55.3% RSISX USD Index 1,389.9 […]

Iran-Iraq Trade Can Grow to $30bn: Official

From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The chairman of the Iran-Iraq Joint Chamber of Commerce said that Iran and Iraq enjoy the capacity to boost annual bilateral trade to $30 billion. Yahya Al-e Es'hagh made […]

Can Iraq Finally Become a Petrochemicals Powerhouse?

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Finally Become A Global Petrochemicals Powerhouse? With its vast oil and gas resources, there is no fundamental reason why Iraq cannot become a world-class producer of high-value petrochemicals. […]

Calls for Preferential Trade Agreement between Iraq and Iran

From Tasnim, under a Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The secretary general of the Iran-Iraq Joint Chamber of Commerce stressed the need to launch a Preferential Trade Agreement (PTA) between the two countries in line with boosting trade […]

Oracle Pitches for Iraqi Contracts

By John Lee. On September 19, the National Data Center held a meeting at the General Secretariat of the Council of Ministers to discuss the Human Resources and Payroll Management System with the global company Oracle. The meeting was chaired by Dr. Diaa Awad, the head of the Central Statistical Organization (CSO), and attended by […]

Iraqi Brick Production expected to Increase

By John Lee. Iraq's Minister of Industry and Minerals, Dr. Engineer Khaled Batal Al-Najm, conducted a field visit to the Nahrwan Industrial Complex, under the General Directorate of Industrial Development, marking a significant step towards assessing the state of brick factories within the complex and identifying obstacles hindering their operations. During the visit, the minister […]

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UNDP signs Agreement with Iraqi University

The United Nations Development Programme (UNDP) and the American University of Iraq-Baghdad (AUIB) signed a Memorandum of Understanding (MoU), solidifying their joint commitment to fight corruption, promote integrity, enhance knowledge on arbitration law, and crucially, to promote innovation and youth employment, boost the renewable energies sector, foster environmental sustainability, and mitigate climate change. Addressing these […]

Iraqi Dep PM discusses Gas-to-Energy Projects with GE

By John Lee. During a meeting with a delegation from General Electric Energy, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil expressed the government's commitment to supporting fast-track energy solutions for harnessing associated gas and converting it into useful energy. This collaboration with reputable international companies is part of the ministry's initiatives. […]

New Oil Well Drilled at Zubair

By John Lee. In Iraq's Zubair oil field, technical and engineering teams from the Iraqi Drilling Company (IDC) have successfully completed the drilling of a new oil well, Zubair/563, reaching a depth of 3538 meters. This achievement is part of a contract signed with the Italian company ENI to drill 37 oil wells in the […]