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: 21st Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD798 (-2.1%) / $797 (-2.5%) (weekly change) (-26.8% and -30.4% YTD change, respectively). The number of week traded […]
By Mark DeWeaver. Nowadays one reads with increasing frequency that high-denomination bank notes should be eliminated. (Take this NY Times editorial as just one example.) Hundred dollar and five-hundred euro bills, it seems, are for cocaine cowboys and terrorists. Honest people use credit cards and checks or maybe their mobile phones. Some commentators even look […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD815 (-2.6%) / $817 (-3.4%) (weekly change) (-25.2% and -28.7% YTD change, respectively). The number of week traded […]
The Iraq Britain Business Council (IBBC) will be holding its Spring Conference on April 27 at Mansion House and on April 28 at Vintners' Hall in London. In recent weeks considerable political debate has taken place in Iraq following Prime Minister Abadi’s announcement of a technocrat reshuffle of his cabinet. It seems that the motto of the conference - ‘Iraq […]
Shares in Gulf Keystone Petroleum (GKP) plunged 30 percent to a new low following the mid-morning announcement of details of fundraising and investment options: Gulf Keystone today publishes further details on potential interim investment scenarios to build a common foundation for stakeholder discussions on the Company's need for near-term fundraising, upcoming debt obligations and possible […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th Apr 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD837 (-0.1%) / $846 (+0.2%) (weekly change) (-23.2% and -26.2% YTD change, respectively). The number of week traded […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st Mar 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD839 (-3.5%) / $844 (-4.3%) (weekly change) (-23.1% and -26.3% YTD change, respectively). The number of week traded […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th Mar 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD869 (-2.4%) / $881 (-2.4%) (weekly change) (-20.3% and -23.1% YTD change, respectively). The number of week traded […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th Mar 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD891 (+7.4%) / $903 (+6.1%) (weekly change) (-18.3% and -21.2% YTD change, respectively). The number of week traded […]
By John Lee. Boutique investment bank Exotix Partners has issued a "buy" alert on Iraqi benchmark U.S.-dollar 2028 bonds on Tuesday, following a "sell" notice in September. The company says: "It seems that an extra level of country risk is being embedded in Iraq specifically, perhaps because the market views its debt as unsustainable. Having once […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th Mar 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD829 (-7.8%) / $851 (-8.2%) (weekly change) (-23.9% and -25.7% YTD change, respectively). The number of week traded […]
Fitch Ratings has revised its outlook on Iraq's Long-term foreign currency Issuer Default Rating (IDR) to Negative from Stable and affirmed the IDR at 'B-'. The Country Ceiling has been affirmed at 'B-' and the Short-Term foreign currency IDR at 'B'. KEY RATING DRIVERS The revision of the Outlook reflects the following key rating drivers: […]
