Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Baroness Nicholson, President of the Iraq Britain Business Council (IBBC) and Her Majesty's Trade Enjoy to Iraq, Azerbijan and Turkmenistan, discusses Iraq as a major market, IBBC's role in creating a worldwide network for those doing clean business in Iraq, further increasing investment and the positive consequences of businesses transferring skills and technology into Iraq:
Advertising Feature Note: ISX will be closed starting from Sep. 1, 2017 to Sep. 5, 2017 due to the religious holiday of Eid Al-Adha. The next session will be held on Wednesday (Sep. 6, 2017). Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th Aug 2017). Please click here to download a table […]
Hutchison Ports and the Pritzker Family Business Interests (“PFBI”), advised by The Pritzker Organization, L.L.C. (“TPO”), announced today that the leading Hong Kong-based port operator has agreed to partner with NAWAH Port Management, L.L.C. (“NPM”) to manage existing and future operations at the historic Port of Basra in southern Iraq. Hutchison Ports will assume oversight […]
Advertising Feature Note: ISX will be closed starting from Sep. 1, 2017 to Sep. 5, 2017 due to the religious holiday of Eid Al-Adha. The next session will be held on Wednesday (Sep. 6, 2017). Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th Aug 2017). Please click here to download a table […]
Investment in healthcare is urgently required to save the lives of mothers and newborn babies in Iraq Decades of conflict and under-investment have placed a huge strain on Iraq’s healthcare system, and pregnant women and their babies are paying for it with their lives. Although progress has been made to lower maternal mortality rates, there […]
On August 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the 2017 Article IV consultation with Iraq. Iraq is facing a double shock arising from the conflict with ISIS and the plunge in oil prices. In 2016, real GDP increased by 11 percent owing to a 25 percent increase in oil production, which was […]
Prime Minister Haider Al-Abadi took a phone call this week from French president Emmanuel Macron, who congratulated Dr. Al-Abadi for the triumphs achieved against Daesh. Macron stressed France's continued commitment to support Iraq in the fight against terrorism, supporting the Iraqi government efforts to restore stability, building its institutions, and developing relations between the two […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th Aug 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD790 (+1.5%) / $807 (+1.1%) (weekly change) (-17.7% and -14.8% YTD change, respectively). The number of week traded […]
UK Export Finance (UKEF) has announced that it is supporting the Enka UK and General Electric (GE) consortium with US$117 million in financing to deliver two critical power projects in Iraq. Rt Hon. Greg Hands MP (pictured), UK Minister for International Trade, welcomed the news, saying: "The Department for International Trade through UK Export Finance […]
Prime Minister Dr. Haider Al-Abadi has presided over the first meeting of the Higher Committee for Investment and Reconstruction. The Higher Committee for Investment and Reconstruction has held its first meeting under the chairmanship of the Prime Minister Dr. Haider Al-Abbadi, in the presence of all members of the Committee. Dr. Abadi stressed during the […]
By Ahmed Tabaqchali (pictured), 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 equity market, as measured by the RSISUSD index was down -4.4% for the month, recovering from lows of -10.0%, on further declining turnover. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd Aug 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD778 (+1.8%) / $798 (+1.8%) (weekly change) (-18.9% and -15.7% YTD change, respectively). The number of week traded […]
