Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 20th February 2025. 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 2,241.3 -0.4% -0.4% RSISX USD Index […]
By John Lee. In line with directives from the Ministry of Finance and the Central Bank of Iraq (CBI), Al-Rafidain Bank has announced the launch of the first issuance of national bonds worth IQD 2 trillion [$1.5 billion]. The issuance period runs from February 10 to March 10, 2025. The bonds are available in two […]
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting on Wednesday to follow up on the outcomes of his recent official visit to the United Kingdom. The meeting assessed the progress of the Memorandums of Understanding (MoUs) signed during the visit and discussed mechanisms for their implementation. Al-Sudani emphasized the importance of activating […]
By John Lee. Iraq's Communications and Media Commission (CMC) has ordered the immediate suspension of internet services for Korek Telecom due to what it described as outstanding debts and continued violations. A statement from CMC said the decision aims to pressure the company into settling its financial obligations. The CMC has formally requested the Ministry […]
By John Lee. Iraq's Prime Minister Mohammed Shia Al-Sudani launched the execution phase of multiple school construction projects in five provinces via video conference on Sunday, as part of Phase One of the Eduba Project, implemented through the private sector under the Iraq Development Fund. The first phase includes school construction in: Sabaa Qusour, Baghdad […]
H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy delivers keynote address at Gulfood Gulfood 2025, the largest global food business event opened its doors for a second day at Dubai World Trade Centre (DWTC) ahead of an impressive schedule. Ministerial Opening: Food500 Summit H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy […]
By John Lee. The Central Bank of Iraq (CBI) has concluded its first quarterly meetings of 2025 with the US Treasury Department and the Federal Reserve Bank, held in Dubai, UAE, with participation from international auditing and consulting firms EY (Ernst & Young), K2 Integrity (K2i), and Oliver Wyman. Key highlights from the meetings included: […]
By John Lee. Transparency International has said that Iraq has improved its ranking and score in the global Corruption Perceptions Index (CPI) for 2024. From a total of 180 countries, Iraq came in at number 140, up 14 places on the previous year. This result puts it on equal ranking with Mexico, Nigeria and Uganda. […]
By John Lee. The Central Bank of Iraq (CBI) has announced General Tender No. (1/2025) for the supply, installation, and operation of 65 currency counting and sorting machines for its branches in Basra (35 units) and Mosul (30 units). The contract, with an estimated value of IQD 1.134 billion (approx. $865,000), will be financed from […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani Al-Sawad, met on Sunday with Russian Ambassador to Baghdad, Elbrus Kutrashev, and a delegation from Russia's OMK Group. Discussions focused on enhancing bilateral cooperation in the oil, gas, and energy sectors. According to its LinkedIn page, United Metallurgical Company (OMK) is one of Russia's largest […]
By John Lee. Opensignal has announced the launch of the Global Network Excellence Index, which it describes as a new benchmark that ranks markets around the world on the mobile network experience they provide. According to data from Opensignal: Among large land mass countries, Iraq ranks in 41st place for network excellence. This places it […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to […]
