Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
The Iraq Britain Business Council (IBBC) has held its first major networking event in Dubai, to accommodate the demand from its members, who operate from Dubai as a regional business hub. Vikas Handa, the IBBC UAE Representative said over the last few years UAE has emerged as the hub for companies doing business in Iraq, […]
By John Lee. Iraq opened the books yesterday on its first independent bond sale in a decade. "Investor demand was huge," writese Marcus Ashworth at Bloomberg. "The deal was seven times oversubscribed." The $1-billion, dollar-denominated bond, maturing in March 2023, was expected yield 7 percent, but demand enabled that to be cut to 6.75 percent. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th July 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD764 (+2.1%) / $784 (+2.1%) (weekly change) (-20.4% and -17.2% YTD change, respectively). The number of week traded […]
By John Lee. The Financial Times reports that Iraq has appointed Citi, Deutsche Bank and JP Morgan as joint bookrunners for a new five-year government bond. The issue is described as a dollar-denominated, long-dated, benchmark-scale bond; investor meetings scheduled over the coming days. In January, Iraq raised $1 billion of five-year bonds, guaranteed by the US, […]
By John Lee. Mr Jon Wilks CMG (pictured) has been appointed Her Majesty’s Ambassador to the Republic of Iraq in succession to Mr Frank Baker OBE. Mr Wilks, who currently serves as Her Majesty’s Ambassador to Muscat, will take up his appointment in November 2017. He has previously served in diplomatic roles in Baghdad, in addition […]
On Tuesday 1 August, 2017, the Iraq Britain Business Council (IBBC) will hold its first networking event in Dubai. The event follows the appointment of Vikas Handa (pictured) as IBBC UAE representative. Vikas intends to host regular networking events in the UAE for IBBC members and companies that are interested in working in Iraq. Since […]
The Iraq Britain Business Council (IBBC) has hosted a dinner in honour of Mr Xavier Rolet, CEO of the London Stock Exchange Group. After dinner, Mr Rolet spoke about the transforming power of Small and Medium-sized Enterprises (SMEs), particularly in emerging markets such as Iraq. He said that SMEs can spearhead profound societal change in […]
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. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th July 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD782 (-2.8%) / $802 (-2.8%) (weekly change) (-18.5% and -15.3% YTD change, respectively). The number of week traded […]
The Martyrs Firm [Martyrs Foundation?] has announced the opportunity of investing the land lot no. (110/43830) Jazeera with an area of 11 donum out of total 24,200 donum area located in Thi Qar province on the main road leading to al- Sader Hospital next to al- Sader housing compound near Thi Qar Martyrs Directorate Interested […]
The Iraq Britain Business Council (IBBC) held its annual weekend retreat on 7-9 July at Cumberland Lodge, Windsor Park, a venue dedicated to the advancement of international societal issues through constructive dialogue. Around 60 IBBC Members and guest speakers attended this unique event to discuss pressing issues on the future of Iraq’s economy, prospects and […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th July 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD805 (-0.9%) / $826 (-1.6%) (weekly change) (-16.2% and -12.8% YTD change, respectively). The number of week traded […]
