Alsaree3, Iraq's Popular Food Delivery App, and Al Zajel, E-logistics Company, Close Second Round of Investment Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a 7-figure bridge round in late March 2021. Coordinated by Iraq Tech Ventures and Innovest ME, the round included prominent Iraqi investors such as Euphrates […]
Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th April 2021). Please click here to view a table of listed companies and their associated ticker codes. According to ISX's official letter, during the month Ramadan, official working hours will be from 8:00 am till 2:00 pm. Trading sessions will be as […]
By John Lee. The Agence Française de Développement (AFD) has reportedly said it is interested in setting up a branch in Iraq. According to Shafaq, a delegation from the French development agency made the comment during a meeting with the Governor of the Central Bank of Iraq (CBI), Mustafa Ghaleb Mukhif. The AFD's websites says […]
From The Economist. Getting into Iraq may soon be much easier Visa-free travel is supposed to woo expats and tourists. Read the full article here (subscription needed).
Dar Al Handasah has provided consultancy services to more than 950 clients in 60 countries, and has handled projects involving a total investment cost of over US$ 300 billion. Through these projects, we participate actively in the development of our societies. With a permanent staff of 9,850 and over 4,000 successfully completed projects, DAR has in-house […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Mosul old city properties rapidly being bought up: residents Locals in Mosul say people from Iraq's southern provinces are buying up historical houses and property in the war-devastated old city at an alarming rate. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th April 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD969 (+7.4%) / $855 (+6.7%) (weekly change) (+33.6% and +29.0% YTD change, respectively). The number of week traded […]
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. Market Review: "Market Extends the Rally" The market, as measured by the Rabee Securities RSISX USD Index, after February's explosive rally of 25.7%, took a […]
By John Lee. The United Arab Emirates (UAE) has announced a $3-billion investment in Iraq, with the aims of strengthening economic and investment relations, creating new opportunities for cooperation and partnership and advancing developmental growth to support the Iraqi people. The initiative was announced following Iraqi Prime Minister Mustafa Al-Kadhimi's official visit to the UAE […]
By Mustafa Saadoon, for Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Kadhimi deliver Gulf investment to Iraq? Prime Minister Mustafa Al-Kadhimi has paid his first official visit to Saudi Arabia as he continues his efforts to further cooperation with Iraq's […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st April 2021). Note: ISC announced on Mar. 25 that trading hours in ISX will be increased on Mondays and Wednesdays, from 9:30 a.m. to 3:00 p.m. starting from Apr. 5, 2021 to attract more investors and encourage increasing the trading activity. Please […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi prime minister makes first visit to Saudi Arabia Iraqi Prime Minister Mustafa al-Kadhimi made his first visit to Saudi Arabia in an effort to enhance ties between the two countries. […]