Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
The Prime Minister of Iraqi Kurdistan has said the Region is safe and secure for investment, and encouraged foreign businesses to return to Kurdistan after the defeat of the so-called Islamic State (IS, ISIS, ISIL, Daesh) terror organization. Speaking at the opening ceremony of a new five-star hotel in Erbil, Nechirvan Barzani said: "Lebanese investors […]
By John Lee. Kuwait Energy has announced that it intends to proceed with an initial public offering (IPO), and to list on the main market of the London Stock Exchange (LSE). In a statement to the markets this morning, the company said it expected to raise gross primary proceeds of approximately $150 million from the […]
Vikas Handa is joining the Iraq Britain Business Council (IBBC) as the UAE Representative to run the IBBC office in Dubai and will be responsible for the overall outreach in the Middle East & North Africa (MENA) region. Many IBBC members will know Vikas, who previously headed Weir Oil & Gas operations in the Eastern […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Apr 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD947 (-1.6%) / $972 (-1.6%) (weekly change) (-1.3% and +2.6% YTD change, respectively). The number of week traded […]
By Ashley Goodall. Back to the future. The restoration of Iraq and British expertise. Iraq has been in the news for a generation and our perceptions have been coloured by conflict and the near destruction of the Middle East’s most wealthy and civilised country. In the 1970’s Iraq was not only a secular and relatively […]
The UK's Minister for the Middle East, Tobias Ellwood, met with political leaders in Baghdad and Erbil to reaffirm the UK’s commitment to defeating Daesh and support efforts to bring unity to Iraq. In Baghdad, Minister Ellwood met with Prime Minister Haider Al-Abadi, Foreign Minister Ibrahim Al-Jaafari, and Speaker of Parliament Salim Al-Jibouri, to emphasise […]
By John Lee. The National Investment Commission (NIC) has announced an investment opportunity to rehabilitate, modernise and develop the Cultural Industrial Center, which is managed by the Ministry of Industry and Minerals . The Center administration is inviting Iraqi, Arab and foreign specialized companies to participate through visiting the center situated in Baghdad/ Baladiyat/ al- […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th Mar 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD965 (-5.4%) / $990 (-5.4%) (weekly change) (+0.5% and +4.5% YTD change, respectively). The number of week traded […]
Ms Tasmina Ahmed Sheikh MP, Trade and Investment spokesperson for SNP, gives Keynote Speech to members at Council Meeting Dinner of the Iraq Britain Business Council (IBBC): “Huge potential for growth in Iraq”: Thank you very much for that warm welcome, and the invitation to speak to you all this evening. If it wasn’t already […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th Mar 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1055 (-1.9%) / $1083 (-1.5%) (weekly change) (+9.9% and +14.3% YTD change, respectively). The number of week traded […]
By Mark A. DeWeaver. Last week I had the pleasure of attending the American University of Iraq’s fifth annual Sulaimani Forum. This time the theme was “Beyond Da’esh: Ending the Cycle of Conflicts, Toward Durable Solutions.” Speakers included Iraqi Prime Minister Haider al-Abadi, KRG Deputy Prime Minister Qubad Talabani, Yezidi author and Da’esh survivor Fareeda […]
By John Lee. The Ministry of Oil has extended the closing date for supplying information packs relating to the tenders for the new refineries in Kut and Samawa. The packs will be available until the close of business on 16th March 2017 (instead of Tuesday the 28th February), while the last date for receipt of […]
