Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By Aziz Al Nassiri. Proposition Even though Iraq is an oil producing country, it is now with 35% of its population living below the poverty line. Unemployment running at 60% among the youth sector (17-25). Almost all important social indicators places the country among the bottom 5% of countries in the world. The country has […]
By John Lee. The United Kingdom has agreed to provide up to £10 billion ($12 billion) of support to Iraq over the next 10 years through loans to infrastructure development projects under UK Export Finance (UKEF). British Ambassador Frank Baker and Iraq's Acting Minister for Finance Abdlrazaq Alissa [Abdul Razzak al-Essa] signed the Memorandum of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd Mar 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1082 (-0.9%) / $1110 (-0.2%) (weekly change) (+12.7% and +17.2% YTD change, respectively). The number of week traded […]
Advertising Feature IBBC Spring Conference 2017 Iraq: Rising Confidence Monday 3 April at Mansion House, London Baroness Nicholson of Winterbourne, IBBC President, the Executive Committee and Council Members, are pleased to invite you to the IBBC Spring Conference to be held on Monday 3 April 2017 at the prestigious Mansion House in London. The conference is […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1092 (+1.9%) / $1112 (+2.7%) (weekly change) (+13.8% and +17.4% YTD change, respectively). The number of week traded […]
By John Lee. Iraq's Ministry of Oil has announced the offering of a new investment refinery in Basra province. The facility at Fao [Faw] city will have a capacity of 300 thousand barrels/ day, and will be capable of being extended to produce the petrochemicals. (Source: Ministry of Oil)
By John Lee. National Investment Commission (NIC) Chairman Dr. Sami Al-Araji and Iraqi Permanent Representative in the UN, Ambassador Muhammad Ali Al- Hakeem, met recently with the Italian Deputy foreign Minister, Mr. Vincenzo Amendola, at the Italian Representation Headquarter in the UN. During the meeting the two sides discussed bilateral relations and the Italian efforts […]
On 13 February, Iraq signed the United Nations Convention in Transparency in Treaty-based Investor-State Arbitration ("The Mauritius Convention on Transparency"). During the signing ceremony held at Port Louis, Mauritius on 17 March 2015, eight States (Canada, Finland, France, Germany, Mauritius, Sweden, the United Kingdom and the United States) signed the Mauritius Convention on Transparency. Since […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1073 (-0.3%) / $1079 (-0.3%) (weekly change) (+12.1% and +14.3% YTD change, respectively). The number of week traded […]
By John Lee. The Iran Mercantile Exchange (IME) has set up a taskforce to "strengthen and deepen" its relationship with Iraq. Among the areas being considered are free economic zones on both sides, simplification of customs regulations, and the use of modern financial instruments like Certificate of Depositary Receipt based on warehousing systems to be […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1076 (-2.7%) / $1083 (-1.9%) (weekly change) (+12.1% and +14.3% YTD change, respectively). The number of week traded […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Anbar Families Seeking Safety Sell Homes At Half Price, Fuelling Real Estate Boom If there is one winner in the province of Anbar right now, it may well be those […]
