Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th February 2021). Note: ISX will be closed on 28th of February, and 7th of March due to lockdown according to the decision of new Supreme Committee for National Health and Safety. Please click here to view a table of listed companies and […]
Archive | Investment
Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Tags: featured, Iraq Stock Exchange News, Iraq Stock Market Report, mn, Rabee Securities, stock market
ICSID Denies Agility's $380m Claim against Korek
By Editor on 24th February 2021 in Investment, Iraq Industry & Trade News, Iraqi Communications News, Security
Kuwaiti-based logistics provider Agility has said foreign investors "should think carefully about the perils of investing" in Iraq, following a ruling by an international arbitration panel to deny its claims that Iraqi officials expropriated $380 million invested by Agility in an Iraqi telecom company. The ruling, by a panel constituted by the International Centre for […]
Tags: Agility, Communications and Media Commission (CMC), featured, International Center for Settlement of Investment Disputes (ICSID), Kuwait, Orange, World Bank
Social-Spatial Transformations in Contemporary Baghdad
By Editor on 24th February 2021 in Construction & Engineering In Iraq, Investment, Iraq Public Works News, Politics
By Omar Sirri, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Destructive creations: social-spatial transformations in contemporary Baghdad This working paper examines social-spatial transformations in contemporary Baghdad by zooming in on two of the […]
More Details on Iraqi Solar Projects
By Editor on 22nd February 2021 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News
By John Lee. Oil Minister Ihssan Abdul-Jabbar Ismail has given further details of the seven "alternative energy" plants that will be built, clarifying that they will all be solar power plants. The projects will have a combined capacity of 750MW, with the largest being a 300-MW facility in Karbala. There will also be plants in […]
Tags: Babil, featured, France, mn, Muthanna, Norway, renewable energy, Sawa-1 Solar, Sawa-2 Solar, Total, Wasit
Iraqi Cabinet approves New "Alternative Energy" Power Plants
By Editor on 18th February 2021 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News, Iraq Oil & Gas News
By John Lee. The Iraqi Cabinet has agreed to approve a recommendation from the National Investment Commission (NIC) for the Ministry of Electricity to proceed with an investment project for the construction of seven "alternative energy" power plants. The new power stations are to be built in Karbala, Wasit, Babylon, and Al-Muthanna provinces. (Source: Govt […]
Tags: Babylon, Electricity In Iraq, featured, Karbala, Kerbala, mn, Muthanna, National Investment Commission (NIC), renewable energy, solar power, Wasit, Wassit
GCC Stresses Importance of Electrical Interconnection Program
The Foreign Minister Receives Secretary General of Gulf Cooperation Council of Arab States to Discuss Gulf Investment in Iraq Iraq's Foreign Minister Mr. Fuad Hussein has this week discussed investments in Iraq with the Secretary-General of the Gulf Cooperation Council, Dr. Nayef Al-Hajraf. During the meeting, issues of concern to the Gulf Cooperation Council and […]
IBBC hosts an Online Council Meeting
The Iraq Britain Business Council (IBBC) hosted members on-line, to discuss their annual council meeting and review its activities. The meeting was due to take place in Dubai, but due to sudden COVID restrictions it took place successfully online. Mr Zaid Elyaseri Vice President of BP Iraq and member of the IBBC Executive Committee, chaired […]
Tags: BP, featured, GDS, GulfTek, HWH Associates, Iraq British Business Council (IBBC), Khudairi, Mastercard, mn, Mutual Finance, Penspen, Serco, United Kingdom, World Bank
Market Review: "Of Assassinations and Corporate Activities"
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: "Of Assassinations and Corporate Activities" A quiet start to the new year would have been welcome after the drama of the currency devaluation […]
Tags: Ahmed Tabaqchali, American University of Iraq Sulaimani (AUIS), Asia Frontier Capital (AFC), featured, mn
New Real Estate Development Initiative in Iraq
By John Lee. The first meeting of the Committee in charge of establishing the National Company for Real Estate Development has been held at the headquarters of the National Investment Commission (NIC). The meeting was chaired by Suha Dawood Najar, Head of NIC, who said the new company will be "mixed sector", with 50-percent owned […]
Tags: mn, National Company for Real Estate Development, National Investment Commission (NIC), property, real estate
Anbar Reconstruction spawns Debate on Autonomy
By Editor on 30th January 2021 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News, Politics
By John Lee. Construction projects in Anbar province have created jobs, and provincial capital Ramadi could soon have Iraq's largest shopping mall, according to a report from Al Jazeera. It adds that the push for more investment underpins the province's ambitions for greater autonomy. Click here to read the full article. (Source: al Jazeera)
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th January 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD687 (-1.0%) / $608 (-1.0%) (weekly change) (-5.3% and -8.3% YTD change, respectively). The number of week traded […]
Tags: featured, Iraq Stock Exchange News, Iraq Stock Market Report, mn, Rabee Securities, stock market
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st January 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD694 (+0.5%) / $614 (-0.6%) (weekly change) (-4.4% and -7.3% YTD change, respectively). The number of week traded […]