Archive | Investment

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

Market Review: "Market Roars Back to Life"

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 Roars Back to Life" The market, after January's 9.3% sell-off, resumed the rally that was ignited by the 22.6% devaluation of the […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th February 2021). Note: ISX will be closed on 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 their associated ticker codes. […]

PM Pushes Economic Cooperation with Egypt

By John Lee. Prime Minister Mustafa Al-Kadhimi has received a delegation from the Egyptian General Authority for Investment and Free Zones, headed by Counselor Mohamed Abdel-Wahab. The Prime Minister stressed the importance of cooperation and economic ties between Iraq and Egypt, and expedited the completion of the integrated industrial zone that was agreed to be […]

Iraq Stock Market Report

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 […]

ICSID Denies Agility's $380m Claim against Korek

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 […]

Social-Spatial Transformations in Contemporary Baghdad

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 […]

Iraqi Cabinet approves New "Alternative Energy" Power Plants

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 […]

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 […]

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 […]