By Farhad Alaaldin for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. It has been six months since Baghdad formed its new government, and no major political crises have arisen. For Iraq, this is unheard of. This could be the result […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market, as measured by the Rabee Securities RSISUSD Index, increased by +2.5% in April, bringing the YTD decline to -11.8%. Average daily turnover, excluding […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Energy tops agenda of Turkish FM's meetings in Iraq Turkey’s Foreign Minister Mevlut Cavusoglu met with Iraqi Kurdish leaders recently on the last leg of an ambitious visit to […]
The U.S. Embassy in Baghdad and Iraq Civil Aviation Authority (ICAA) officials are celebrating the launch of a $5 million Iraq airport security program. This U.S. Government-funded initiative will provide both training and equipment in close coordination and partnership with Iraq civil aviation experts. During his remarks at the launch reception, U.S. Embassy Chargé d’Affaires […]
By John Lee. The Turkish charter company Freebird Airlines will reportedly offer flights from Eindhoven Airport in the Netherlands to Erbil and Sulaymaniya throughout the summer. According to Eindhoven News, flights depart once a week from April to October. (Source: Eindhoven News)
By John Lee. Zain Iraq has posted a growth in net income of 77 percent. In its results statement for Q1 2019, the company said: "Zain Iraq performed exceptionally well in Q1 2019 when compared to the corresponding three-month period in 2018, with revenue reaching USD 262 million, and EBITDA having reached USD 109 million, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd May 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD586 (+0.2%) / $630 (+0.2%) (weekly change) (-11.2% and -11.3% YTD change, respectively). The number of week traded […]
By John Lee. The United Nations has advertised new positions in Iraq: Operations Officer, The World Bank Operations Analyst, The World Bank Program Assistant, The World Bank Senior Operations Assistant, IOM - International Organization for Migration Senior Community Engagement Assistant, IOM - International Organization for Migration Field Security Officer, IOM - International Organization for Migration […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Human Rights Officer, UNAMI - United Nations Assistance Mission for Iraq National Communications Officer, IOM - International Organization for Migration Programme Analyst, UNDP - United Nations Development Programme International Consultant, UNDP - United Nations Development Programme (Source: UN) (Picture: Success, growth, career, […]
By Padraig O'Hannelly. More than 100 guests gathered at the Babylon Hotel in Baghdad on Tuesday to attend Iraq's first Tech Conference. Hosted by the Iraq Britain Business Council (IBBC) and chaired by Ashley Goodall, the event brought together the leading companies involved in the technology sector in Iraq to discuss how the power of […]
Germany's Siemens and the Iraqi Ministry of Electricity have agreed on the award of contracts valued at approximately EUR 700 million for Phase 1 of their "Iraq Roadmap", covering short-, mid- and long-term addition of new highly-efficient power generation capacity, rehabilitation and upgrade of existing plants, and the expansion of transmission and distribution networks. The […]
By John Lee. Iraq’s Ministry of Oil has announced interim oil exports for April of 103,988,853 barrels, giving an average for the month of 3.466 million barrels per day (bpd), up from the 3.377 million bpd exported in March. These exports from the oilfields in central and southern Iraq amounted to 100,635,009 barrels, while exports […]
