Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th Oct 2024). 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 1,962.4 4.5% 26.3% RSISX USD Index […]
Celebrating ICF's 12th Annual IN THEIR SHOES 5K to Benefit Iraq's Orphans and Vulnerable Children On Saturday, September 28, 2024, hundreds in Washington, DC and around the world joined the Iraqi Children Foundation's 12th annual run/walk to benefit Iraq's most vulnerable children, including orphans, street kids, child laborers, disabled children, and child victims of trafficking. […]
By John Lee. On a visit to Diyala governorate on Wednesday, Prime Minister Mohammed S. Al-Sudani announced a series of new projects: Construction of 99 schools across Diyala, funded by the Iraq Development Fund. Al-Muqdadiya District Sewerage Project, valued at 56.6 billion dinars. Central District of Balad Ruz Sewerage Project, valued at 45.4 billion dinars. […]
By John Lee. Iraq's Foreign Economic Relations Department, through its commercial attaché in Washington, held talks with US-based MACK Trucks to explore avenues of economic and commercial cooperation between Iraq and the United States. The discussions focused on technology transfer and establishing truck assembly lines in Iraq, following the Memorandum of Understanding signed earlier this […]
From the Iraq Britain Business Council (IBBC): Iraq is making a significant comeback, presenting the private sector with an increasing array of opportunities to invest and contribute to its ongoing development. The Sudani government has not only introduced stability and reforms but is also investing in a wide range of infrastructure projects that promise growth […]
From Amnesty International. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq: Reject changes to Personal Status Law which would allow child marriage and further entrench discrimination Iraqi lawmakers must drop amendments to the Personal Status Law, which would violate women and girls' rights, […]
By John Lee. The Organized Crime and Corruption Reporting Project (OCCRP) has claimed that Iraq's dollar auction system has been exploited by money launderers and militant groups. Click here to read the report. (Source: OCCRP)
By John Lee. An opinion piece published by The Washington Institute for Near East Policy argues that the US should consider supporting both the Development Road project and Turkiye's wider plans in Iraq, "since both serve the paramount goal of counterbalancing Iranian influence." Soner Cagaptay writes: "Ankara believes that the lucrative construction contracts for the […]
By John Lee. Iraqi Foreign Minister Fuad Hussein received a copy of the credentials of the new Canadian Ambassador to Iraq, Christopher David Pym, on Tuesday [15th October, 2024]. The Minister welcomed Ambassador Pym, underlining the importance of the bilateral relations between the two countries, and the need to strengthen and develop them across various […]
By John Lee. The Iraqi government has agreed new pricing for wheat based on the type of irrigation method used. Wheat grown on lands using modern irrigation systems will be priced at 850,000 Iraqi dinars [$649] per ton, with a 90% government subsidy compared to global market prices; wheat from lands using traditional irrigation will […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq buys 900 MW of power from Kurdistan Region daily: Ministry Iraq's electricity ministry on Sunday said it buys 900 megawatts of electricity daily from the Kurdistan Region, amid lower power production due to […]
By John Lee. Mass Group Holding (MGH) and GE Vernova have announced significant progress in the modernization of Iraq's largest power facility, the 4.5 GW Bismaya [Besmaya] Power Plant in Baghdad. Phase 1: Phase 1 involved Advanced Gas Path (AGP) upgrades on four GE Vernova 9F.04 gas turbines at the Besmaya Power Plant. The upgrades […]
