The Iraqi Stock Exchange (ISX) trading activities hit 8.9 billion Iraqi dinars (roughly $7.6 million), mostly over the Iraqi Islamic Bank in its second electronic trading session after meeting its obligations to the securities authorities and the Central Bank of Iraq (CBI). Monday’s session saw trades of 33 out of 84 the electronically-registered firms, 12 […]
Archive | Iraq Industry & Trade News
Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.
Efforts of Al-Ezz State Co. Recognised
Ezz State Company, Ministry of Industry and Minerals, won a certificate of merit from the ministries of agriculture and water resources, for its role in and active participation in the agricultural exhibition held at Baghdad International Fair. An official source at the company said that this will enhance the confidence of affiliates in their work […]
Tags: Industry & Trade
Ration Card System Has to Be Reviewed – Minister
The ration card system has to be reviewed, Iraqi Trade Minister Safaal-Din al-Safi said on Sunday. “We are being unjust to the poor when we give them the same share as rich people,” al-Safi said in a release issued by his ministry and received by Aswat al-Iraq news agency. He noted that the ration card […]
Prime Minister Salih to Visit UK in June for Trade and Investment Conference
Prime Minister Barham Salih will visit the UK next month to speak at a major international conference on trade and investment in the Kurdistan Region.
Basra expects big participation at oil fair
The fair, which will be held between Nov. 25 and Nov. 28, aims to enhance the war-torn country's economic development, while focusing on Iraq's contribution to the future world energy supply.
Tags: Basra News, Exhibitions
Kirkuk Governor Lays Foundation Stone for Club Project
The governor of Kirkuk on Thursday laid the foundation stone for the al-Shurja youth club in the northern part of the city at a cost of 3.760 billion Iraqi dinars, according to the province’s information director. “Governor Abdulrahman Mostafa laid a cornerstone for the club in Shurja to be carried out by the youths & […]
New French Investments in Karbala
French Ambassador to Iraq, Boris Boillon, talked with officials from Karbala’ Province on ways to widen cooperation between the two parties in the investment field and by bringing in French companies to restore industry and manufacturing in the Province. The local government responded that it wants to boost relations with the French and its bid to […]
ISX Index Slightly Down on Tuesday
The Iraqi Stock Exchange (ISX) index went down slightly by 0.08% to close at 94.7 on Tuesday over trades in 32 of a total of 83 electronically-registered firms. 4 companies went up, 12 down while 16 were unchanged. 8.490 billion shares were traded worth more than16.199 million Iraqi dinars in 233 deals. Banks led the […]
ISX Closes at 94.7 Points on Monday
The Iraqi Stock Exchange (ISX) index went up slightly by 0.13% to close at 94.7 points as trading took place on Monday over 37 firms’ 2.526 billion shares worth 3.496 billion Iraqi dinars ($2,9 million) through 231 deals. Non-Iraqi investors obtained four purchase deal at 1.899 billion dinars in the banking sector and 2 deals […]
2 Plastic Injection Machines for Salah Al-Deen State Company .
Salah Al-Deen state company, one of the industry and materials ministry companies disclosed the arrival of two plastic injection machines in April to manufacture plastic cans for the Samara medicine factory. The acting company manager, Hamood, said that a technical committee is checking two big injection machines, to confirm that they meet specifications. Hopefully, the […]
Turkish Firms Discuss Strategic Projects in Karbala
Turkish firms met with the local government in Karbala to discuss setting up strategic projects in the holy city, according to the deputy chief of the provincial council on Sunday. “The Karbala provincial council received a delegation representing a consortium of Turkish companies and discussed ways to establish projects in the city,” Nassif Jassem al-Khatabi […]
Tags: Industry & Trade
Kuwait: UN Pays $590 Mln in Damages for 1990 Invasion
A United Nations commission has paid 590 million dollars to nine successful claimants in connection with Iraq's 1990 invasion of Kuwait.