Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD643 (+0.1%) / $692 (+0.3%) (weekly change) (-2.5% and -2.5% YTD change, respectively). The number of week traded […]
By John Lee. On Thursday parliament approved Iraq’s 2019 budget. According to AFP, at $111.8 billion it is one of Iraq’s largest ever spending bills, and represents a nearly 45 percent increase from last year. It assumes exports of 3.9 million barrels of oil per day in 2019, including 250,000 bpd from Iraqi Kurdistan, at […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for December of 115,517,974 barrels, giving an average for the month of 3.726 million barrels per day (bpd), a increase from the 3.377 bpd exported in November. These exports from the oilfields in central and southern Iraq amounted to 112,450,367 barrels, while exports by […]
Iraqi Ministry of Electricity and GE Power celebrate inauguration of Baghdad West North Substation Underlining their joint commitment to support the development of Iraq’s power infrastructure, the Iraqi Ministry of Electricity (MoE) and GE Power’s Grid Solutions business (NYSE: GE) celebrated the energization of the Baghdad West North substation. Located about 35 kilometers away from […]
World Health Organization (WHO) Iraq delivers four trucks loaded with kits and medical supplies to Diyala Responding to the need of the Directorate of Health in Diyala, WHO with the support of the generous donors, has arranged for a large consignment of medical kits and medical supplies to support the Directorate. A shipment of four […]
By John Lee. Turkey’s ban on flights to Sulaymaniyah, in Iraqi Kurdistan, will reportedly be lifted. The country's Transport Minister, Cahit Turhann told Anadolu Agency: "Turkish Airlines will resume its flights from Istanbul to Sulaymaniyah [on Friday], seven flights a week." According to Rudaw, Ankara has delayed the resumption of flights until Saturday due to technical […]
By John Lee. The US Army has published a report on its 2003 invasion of Iraq, and subsequent developments until the withdrawal of troops, claiming that Iran was the only real winner of the operation. "The U.S. Army in the Iraq War" was released Thursday in two volumes entitled "Invasion and Insurgency—Civil War, 2003-2006" and […]
By John Lee. The United Nations has advertised new positions in Iraq: Field Coordinator, International Rescue Committee (IRC) Head of Solutions Mapping, UN Development Programme (UNDP) Head of Experimentation, UN Development Programme (UNDP) Head of Exploration, UN Development Programme (UNDP) Transport Assistant, UNAMI - United Nations Assistance Mission for Iraq Driver, UNAMI - United Nations […]
By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Information Management Officer, UNOPS - United Nations Office for Project Services Reporting Officer, UNAMI - United Nations Assistance Mission for Iraq Community Stabilization Officer, UNAMI - United Nations Assistance Mission for Iraq Legal Analyst, UNAMI - United Nations Assistance Mission for Iraq […]
By Alexander Southworth, Iraq Britain Business Council (IBBC). Exploring Tech in Iraq: ‘Sandoog – solving Iraq’s logistics nightmare by digital innovation’ There is a revolution happening in Iraq but not like the country has seen before. This revolution is based on advances in technology that are transforming the digital landscape of the country. The changes […]
Shares in Genel Energy were trading up 6 percent on Monday afternoon after the company announced that it has reached agreement to acquire stakes in the Chevron-operated Sarta and Qara Dagh blocks (pictured), in the Kurdistan Region of Iraq. Genel will acquire 30% equity in the Sarta licence by paying a 50% share of ongoing […]
The state-owned Trade Bank of Iraq (TBI) has been recognised for its outstanding performance and service, taking home two awards at the International Finance Awards 2018. London based ‘International Finance’ magazine rewarded TBI’s continued commitment towards providing modern banking services in Iraq, presenting the ‘Best Retail Bank’ and ‘Best Priority Bank’ awards during a special […]
