Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. The European Union has announced that it will co-chair a conference on Iraq's Reconstruction and Development in Kuwait in February. In a statement, the EU said the aim of the conference is to help consolidate regional and international engagement in support of Iraq. The conference will be hosted by Kuwait and will […]
EU strategy on Iraq: new proposal to strengthen support to the Iraqi people On Monday, the High Representative of the Union for Foreign Affairs and Security Policy and the European Commission adopted a Joint Communication proposing an EU strategy for Iraq in order to address the many challenges the country faces following the territorial defeat […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th Jan 2018). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD802 (-1.1%) / $826 (-1.1%) (weekly change). The number of week traded shares was 1.4bn and the weekly […]
By John Lee. The State Company for Glass & Refractories Industry (SCG&R), part of the Ministry of Industry and Minerals, has announced an opportunity to invest in a pharmaceutical bottles plant. More details here. (Source: National Investment Commission)
By John Lee. The State Company for Food Products, part of the Ministry of Industry and Minerals, has announced an opportunity to invest in sugar production in Missan province. More details here. (Source: National Investment Commission)
By John Lee. The State Company for Steel Industries, part of the Ministry of Industry and Minerals, has re-announced opportunities to invest in the steel industry in Iraq. More details here. (Source: National Investment Commission)
The Ministry of Health/Environment and the National Investment Commission (NIC) in coordination with Babil Governorate and Najaf Governorate are pleased to announce the investment opportunity of {Operating, managing and sustaining} of Imam Sadiq Hospital in Babil and Najaf Hospital in Najaf according to investment law no. (13) for the year 2006, as amended. Investors, companies […]
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 market continued to build on the November recovery, up +3.0% for the month, with locals picking up the buying interest from foreigners, whose […]
By John Lee. Qatar Petroleum (QP) has confirmed that it plans to invest in Iraq’s upstream oil businesses. President and CEO Saad Sherida Al Kaabi (pictured) told reporters: “I have met personally with the Iraq’s Oil Minister (Jabar Al Luaibi) and have conveyed my interest in investing Iraq’s upstream business, and he welcomed that. “Iraq […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report: Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended last week at IQD811 (+0.2%) / $836 (+0.2%) (weekly change) (-15.5% and -11.8% YTD change, respectively). The number of week traded shares was 17.0bn and the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st Dec 2017). Note: ISX will be closed from December 26, 2017 to January 1, 2018 due to the end-of-year closing operations. The next session will be held on Jan. 2, 2018. Please click here to download a table of listed companies and […]
By John Lee. Shares in Genel Energy closed the day up 5.9 percent on Wednesday, after the company's bondholders approved its proposal to reduce the outstanding bond debt from $421.8 million to $300 million. It will also extend maturity through amending and restating terms to a new 5 year tenor. DNB Markets and Pareto Securities […]
