Archive | Investment

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

New Investment Opportunities in Iraq

By John Lee. The National Investment Commission (NIC) and the State Company for Petrochemical Industries have announced the following investment opportunities: Hydrochloric acid plant Liquid nitrogen plant Chlorine and caustic soda plant (Source: National Investment Commission)

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Aug 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD639 (-2.1%) / $669 (-1.7%) (weekly change) (-3.0% and -4.6% YTD change, respectively). The number of week traded […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th Aug 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD653 (+4.2.) / $681 (+3.7%) (weekly change) (-0.9% and -2.9% YTD change, respectively). The number of week traded […]

Progress on Free Trade Zones between KRI and Iran

By John Lee. Iran is reportedly ready to start technical negotiations with the Kurdistan Regional Government (KRG) over the opening of two important free trade zones. Mehdi Shushtari, Iran's Consul-General in Sulaimani, told Rudaw the preliminary work at Parvizkhan and Bashmakh border crossings has already been completed. Click here to read the full story. (Source: […]

Market Review: "Banks Lead Market Recovery"

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: "Banks Lead Market Recovery" The extreme summer heat in July, much hotter this year than usual, and rising COVID-19 infections were supposed to […]

Three Iraqi Start-Ups get Seed Funding

By Ali Al-Makhzomy, for The Station. Re-published with permission by Iraq Business News. Five One Labs recently hosted an online Start-up Showcase to celebrate the graduation of their first-ever Arabic incubator program in c. Over 90 attendees joined the event from Iraq, Germany, USA and other places. Ten of the entrepreneurs gave brief overviews of […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th July 2020). Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed starting from Jul. 30, 2020 to Aug. 9, 2020 due to the religious holiday of Eid Al-Adha. The next trading […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th July 2020). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD637 (+2.9%) / $666 (+2.9%) (weekly change) (-3.4% and -4.9% YTD change, respectively). The number of week traded […]

Iraq's Lezzoo Closes Seven Figure Seed Round

Northern Gulf Partners, a frontier market investment firm, and California-based Pay It Forward Venture Capital, have led a seven-figure US dollar seed round investment in Lezzoo, a delivery and e-payment platform that aims to become Iraq's first super-app. Lezzoo received a pre-seed investment from Silicon Valley's Y Combinator and is the only Iraqi start-up accepted […]