Archive | Investment

Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.

Iraq's Credit Rating lifts with Final Reparations to Kuwait

By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's credit rating lifts with final reparations payment to Kuwait Iraq paid Kuwait a final installment of war reparations more than 31 years after the invasion of Kuwait, […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th January 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD919 (-2.1%) / $806 (-2.1%) (weekly change) (+0.1% and +0.1% YTD change, respectively). The number of week traded […]

UN confirms Iraq's Final Reparations Payment to Kuwait

Today (Thursday 13th January), the United Nations Compensation Commission (UNCC) made available $629,324,488 to the Government of the State of Kuwait towards the Commission's remaining claim with an outstanding award balance. With this payment, all claimants awarded compensation by the Commission have now received the full amount of their respective awards. In total, the Commission […]

Iraqi Stock Market: 2021 Review and Outlook for 2022

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review: "2021 Review and Outlook for 2022" The market, as measured by the Rabee Securities RSISX USD Index, had a strong recovery in December with a […]

EU drops Iraq from List of High-Risk Countries for Money Laundering

By John Lee. The European Union's Ambassador to Iraq has announced that Iraq has been removed from its list of countries deemed to carry a high risk of money laundering. Following a meeting with Prime Minister Mustafa al-Kadhimi in Baghdad on Sunday, Ville Varjola tweeted: "Bringing the good news today to HE Prime Minister Mustafa […]

PM announces new Development Fund for Najaf

By John Lee. The Iraqi government is working to set up a special fund to contribute to the development of Najaf province. Prime Minister Mustafa al-Kadhimi made the announcement following a visit to Najaf on Thursday. He also instructed the Ministries of Construction, Housing, Municipalities and Public Works to find solutions to the problems of […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th January 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD938 (+2.2%) / $823 (+2.2%) (weekly change) (+2.2% and +2.2% YTD change, respectively). The number of week traded […]

Investment Opportunities in Iraqi Marshes

By John Lee. The head of Iraq's National Investment Commission (NIC), Ms. Suha Daoud Najjar [Suha Dawood Najar] has reiterated the importance of reviving the Iraqi Marshes, and enabling them to receive tourists. At a meeting with the Director General of the Marshes, Mr. Hussein Ali Hussein, and his accompanying delegation, she said investment opportunities […]

Iraq joins China's AIIB as a "New Prospective Member"

The Board of Governors of China's Asian Infrastructure Investment Bank (AIIB) has approved the application of Iraq to join the Bank. Iraq becomes AIIB's 51st regional member, bringing the Bank's approved membership to 105 in total. As a multilateral development bank with the mission of financing infrastructure for tomorrow, AIIB aims to support its members […]

Iraq Stock Exchange Ends Year Up 26%

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th December 2021). Note: ISX will be closed during Dec. 28, 2021 - Dec. 30, 2021 due to the end-of-year closing operations. The next trading session will be held on Jan. 2, 2022. Please click here to view a table of listed companies […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD908 (+1.2%) / $796 (+1.4%) (weekly change) (+25.2% and +20.1% YTD change, respectively). The number of week traded […]