Archive | 2023

Iraq to Launch Joint Water Projects with Iran

From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Blaming Turkey as the main culprit for the shortage of water in Iraq, the Arab country's minister of water resources said Iraq is seeking joint projects with Iran, including construction […]

More Details of Qatari Investment in Iraq

By John Lee. Further details have been announced regarding Qatar's major investment in Iraq. Estithmar Holding Q.P.S.C. has said in a statement that it has signed three MoUs with Iraq's National Investment Commission (NIC) with a total value of 7 billion US dollars to develop new modern comprehensive cities, 5 stars hotels and also manage […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd June 2023). Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from Jun. 27, 2023 (Tuesday) to Jul. 2, 2023 (Sunday) due to the religious holiday of Eid Al-Adha. The […]

Contracts Signed during Saudi Trade Mission to Iraq

By John Lee. The Saudi Export Development Authority (SEDA),  "Saudi Exports", has organized a trade mission to Iraq under the theme "Made in Saudi". The event held in Baghdad this week showcased the authority's commitment to developing Saudi non-oil exports and its strategic goal of providing export opportunities for local exporters. According to a report […]

Iraqi President Ratifies Budget

By John Lee. On Wednesday, June 21, 2023, the President of the Republic of Iraq, Abdullatif Jamal Rashid endorsed the country's Federal Financial Budget Law. Approval and ratification of the general budget is a first step in implementing the government's agenda, which includes meeting citizens' needs and enhancing public welfare. Besides improving health and educational […]

KRG PM Launches 'Invest Kurdistan'

By John Lee. KRG Prime Minister Masrour Barzani has launched Invest Kurdistan, a new platform dedicated to investment in the Kurdistan Region. Oddly, the statement did not provide a link to this new platform, but we found it here: https://invest.gov.krd/ From a business perspective, the key points highlighted in the statement are as follows: Investment Opportunities: […]