Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Sponge iron factory in Basra – State Company for Iron and Steel (SCIS) (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Chlorine production plant – State Company for Mining (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Rehabilitation of 8 factories – State Company for Glass and Refractories Industry (SCGR) (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
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. The market’s action in July was so quiet that it turned activities like watching paint dry into spectator sports, as the start of the peak […]
Advertising Feature Note: ISX will be closed starting from Aug. 11, 2019 to Aug. 15, 2019 due to the religious holiday of Eid Al-Adha. The next session will be held on Sunday (Aug. 18, 2019). Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th August 2019). Please click here to download a table […]
The Cabinet held its regular weekly meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mr. Adil Abd Al-Mahdi. It approved: the recommendation of the Ministerial Energy Council on the service contract for Al-Mansuriyah oil field in Diyala province; a draft law on public-private partnership to strengthen cooperation between government agencies and the […]
By John Lee. Moody's Investors Service has affirmed the Government of Iraq's long-term issuer and senior unsecured ratings at Caa1 and maintained the stable outlook. The decision to affirm Iraq's Caa1 ratings reflects credit challenges posed by very weak institutions and governance that in Moody's view, will continue to limit policy effectiveness, constrain the government's […]
By John Lee. Iran's Securities and Exchange Organization (SEO) and the Iraqi Securities Commission (ISC) have signed a memorandum of understanding to create a joint investment fund. According to Iran's SEO, the agreement is "primarily focused on development of Islamic Financial instruments, enhancement of technical infrastructure and establishment of common investment funds through shared partnership […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st August 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD629 (-3.1%) / $676 (-3.1%) (weekly change) (-4.6% and -4.7% YTD change, respectively). The number of week traded […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Pesticides plant - Al Furat State Company for Chemical and Pesticides Industries Chlorine plant - General Company for Mining Industries (Source: National Investment Commission) (Picture: Business opportunity word cloud, from ibreakstock/Shutterstock)
By John Lee. Asiacell Iraq has increased its customer base by six percent in the first six months of this year, according to its parent, the Qatari company Ooredoo. In its results for the first half of 2019, the company said: "Despite intensifying price competition, Asiacell maintained stable revenues of QAR 2.2 billion during the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th July 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD649 (+0.4%) / $698 (+0.4%) (weekly change) (-1.6% and -1.7% YTD change, respectively). The number of week traded […]
