Archive | Investment

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

Iraq to Build 5 New Refineries

By John Lee. The Iraqi Ministry of Oil has reportedly announced that it will select a number of international investment companies to build five new refineries around the country: Kirkuk with a capacity of 70,000 barrels per day (bpd); Wasit capacity of 140,000 bpd; Nasiriyah capacity of 140,000 bpd; Basra card 140,000 bpd; and al-Faw […]

More New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Manufacturing small arms – State Company for Military Industries Manufacturing medium arms – State Company for Military Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)

Iraq Falls in Doing Business Index

By John Lee. Iraq has been ranked 172nd out of 190 countries in the World Bank‘s recent Doing Business 2020 report, down from 171st place the previous year. Top of the list were New Zealand, Singapore and Hong Kong, with last place going to Somalia, just behind Eritrea and Venezuela. Iran ranked 127th, with Libya […]

IBBC hosts Major Iraqi Business Delegation in London

IBBC hosts largest ever delegation of Iraqi business people at London Business Forum In a wide-ranging business event over 230 Iraqi business-people and 70 British gathered to meet and discuss Business relations, trade, investment and engagement with the UK’s Business community. Delegates from all regions of Iraq through the chambers of commerce gathered to hear […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th November 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD646 (+0.2%) / $687 (+0.2%) (weekly change) (-2.0% and -3.2% YTD change, respectively). The number of week traded […]

Iraq – Discovering Business 2020

Allurentis, UK publishers of The New Iraq series, are now in production of Iraq – Discovering Business 2020. The publication will be launched at the end of this year and circulated to companies and individuals looking to trade and invest in Iraq throughout 2020. There are opportunities for organisations from all sectors to promote their services to […]

Taiwan signs MOU with Sulaimaniyah Chamber

By John Lee. The government-sponsored Taiwan External Trade Development Council (TAITRA) has reportedly signed a memorandum of understanding (MOU) with the Sulaimaniyah Chamber of Commerce & Industry (SCCI) in a bid to promote bilateral trade. Taiwan News says the document was signed by SCCI President Sirwan Mohammed Mahmood and TAITRA Executive Vice President Leonor F. […]

Iraq looks to Produce own Gas Masks, Surveillance Kit

By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Production of gas masks – State Company for Military Industries Production of ground suryeillance radar systems and drone detection – State Company for Military Industries Production of military suryeillance cameras – State Company for Military Industries Production of Military switches and […]

Successful IBBC Trade Visit to KRI

The Iraq Britain Business Council (IBBC) took a significant group of members on a trade mission to KRI this week. Paramount was the need to review business opportunities and investment in the region and to learn directly from the Prime Minister Barzani his plans for business and industry. The group, led by Baroness Nicholson, UK […]

Tabaqchali: Market continues to Bottom, while Breadth Broadens

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 continues to bottom, while breadth broadens” Demonstrations resumed during the last week of October, following a two-week lull since they started. While […]

IBBC Delegation Meets Iraqi President

Iraq Britain Business Council (IBBC) fields significant Baghdad meetings with Dr Barham Salih, President of Iraq, and Ambassadors, to strengthen private sector business in Iraq. IBBC President Baroness Nicholson and MD Christophe Michels, Rasmi Al Jabri, IBBC Deputy Chairman and Mohanad Al Khatab Baghdad Office Manager, met this week with the President Dr Barham Salih […]

Conference: Find Out What’s Happening in Iraqi Business

From Peace to prosperity: The Conference to find out what’s happening for Iraq business. The Iraq Britain Business Council (IBBC) Autumn Conference in Dubai on December 8th is set against a backdrop of relative peace and security in Iraq, and the prospect of oil revenues surging through the economy is driving a wider range of […]