The latest Iraqi communications news, including developments and opportunities in communications and media from Iraq Business News.
By John Lee. Doubts have been expressed regarding Asiacell's ability to raise the record $1.27 billion planned in its forthcoming IPO (initial public offering). According to a report from International Financing Review, observers are said there is a strong possibility the deal may not go through. "The thing about these three Iraqi mobile companies is […]
This week marks the 150th edition of our Iraq Business News newsletter, and we are delighted to mark the occasion by bringing you a major new guide to business in Iraq. Published by Allurentis, in association with Iraq's National Investment Commission (NIC) and UK Trade & Investment (UKTI), the fourth edition in the annual New […]
By John Lee. Abu Dhabi's Invest AD plans to buy into the Asiacell IPO (initial public offering), making it the top holding in its Iraq fund. Sherif Salem (pictured), the manager of the Invest AD Iraq Opportunity Fund, and one of our Expert Bloggers on Iraq Business News, said: "Asiacell is going to be one […]
By John Lee. Shares in Asiacell, the first of Iraq's mobile phone operators to list on the stock exchange, are now open for subscription. According to a statement from the company: • Investors are now invited to complete and submit their application forms to subscribe • 67.503 billion shares, representing 25% of Asiacell's share capital, […]
By Laith Hammoudi. This article was originally published by the Institute for War and Peace Reporting, iwpr.net, and it is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A tough new law that could place severe restrictions […]
Research In Motion (RIM) announced that the BlackBerry App World storefront is now available for customers in Iraq, offering them easy access to a broad range of mobile applications that are purpose-built for BlackBerry smartphones and BlackBerry PlayBook tablets. Customers can personalize their BlackBerry device, find the hottest games and entertainment, and get apps that […]
By John Lee. The Iraq Stock Exchange says that Iraqi telecom operator Asiacell will start publicly trading its shares as of 3rd February. Associated Press also report that it will be the first stock float since the reign of Saddam Hussein. An Initial Public Offering (IPO) of 25 percent of the company's shares will take […]
By John Lee. Thousands of Iraqi schoolchildren are entering classrooms equipped with new Dell technology that will help improve how they access information, and ultimately, work and compete with their peers around the world. This development is the result of a close collaboration between the Iraqi Ministry of Education (MOE) and Dell, who assessed the […]
By Munaf al-Saedi. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. One young Baghdad woman has ambitious plans for Iraqi women’s rights – and she has started a Facebook campaign to back them. She already has 10,000 […]
By John Lee. The broadband company belonging to former Irish international soccer player and Sunderland boss Niall Quinn (pictured) is reported to be considering entering the Iraq market. The Irish Independent reports that his company, QSat, has formed a partnership with another Irish company, Altobridge, that could take it into Iraq, where Altobridge already provides […]
By John Lee. Zain Iraq plans to finally go ahead with its stock market listing by early 2013 at the latest, according to a report from Reuters. Hisham Akbar (pictured), Zain's deputy chief executive and chief operating officer, told reporters on Tuesday that the company still needs to convert to a joint stock company in […]
Acting Iraqi Minister of Communications & Minister of Provinces, H.E. Torhan Mudher Hassan AL-Mufti (pictured), has confirmed his participation at The CWC Group’s Iraq Telecoms 2012 Conference. Held on the 12-14 November in Istanbul, the acting Minister will attend the Conference with a senior delegation, including the Senior Deputy Minister of Communications H.E. Mr Amir Al […]
