Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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 […]
Nasdaq Inc. (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 18th July 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD646 (-0.1%) / $695 (-0.1%) (weekly change) (-2.0% and -2.1% YTD change, respectively). The number of week traded […]
By John Lee. Iraq's National Investment Commission (NIC) has reportedly approved plans for a British company to develop a 4,000 acre site near Baghdad International Airport (BIAP). According to Thomson Reuters, the NIC is negotiating with Iraqi companies to develop the remaining 16,000 acres of the land that cabinet approved for development in May. More […]
By John Lee. Iraq is ready to give 190 investment projects to Iranian investors, according to a report from Iran's Mehr News. It attributes the statement to Iraqi industry minister Saleh Abdullah al-Jubouri (pictured), at a meeting with members of the Isfahan Chamber of Commerce on Wednesday. He is said to have added that the […]
By John Lee. The Iraqi Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi, at which it discussed a series of recommendations by the Ministerial Committee for Energy regarding a number of strategic projects aimed at increasing Iraq’s oil production and exporting capacities. The Cabinet approved […]
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 took a breather, after the blistering May rally, to end the month down -0.71% as measured by the Rabee Securities RSISX USD Index […]
By John Lee. Gulf Keystone Petroleum (GKP) has announced its intention to commence a share buyback programme, using the company's existing cash resources to make market purchases of Gulf Keystone common shares for a maximum consideration of US$25 million, with the first stage of that programme being initiated now to purchase Gulf Keystone shares for […]
By John Lee. The Iraqi government has issued a report on the implementation of its 2018-2022 programme. The report covers the period from October 2018, when the government came to office, to April 2019, providing an overview of what has been implemented from the government programme, identifying obstacles that may impede the completion of several […]
