Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. The Iraqi Foreign Ministry announced Dec. 2 the formation of a high-level committee to start implementing the Strategic Framework Agreement (SFA). This reflects Iraq’s readiness for the era […]
Baroness Nicholson – Opening Speech for the Iraq Britain Business Council (IBBC) Conference on December 18th in Dubai: Welcome to Dubai. IBBC has been aware for many years of the important role that the UAE plays as a regional hub for business and trade through the MENA region and in particular as a regional base […]
By John Lee. Reuters reports that Zain Iraq is to pay $94 million to settle a tax case related to the 2007 acquisition of rival operator Iraqna from Egypt's Orascom Telecom. Iraq's General Commission of Taxes (GCT) claimed Zain Iraq owed $187 million in capital gains tax due on its $1.2 billion purchase of the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th Dec 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ936 (+0.7%) / $920 (-0.1%) (weekly change) (-14.2% and -19.7% YTD change, respectively). The number of week traded […]
By John Lee. According to a report from Reuters, commodities giant Glencore will likely fall short of its target of raising $550 million to pre-finance the purchase of Kurdish oil. Industry sources told the news agency that investors are exercising caution despite the 12 percent bond yield, and that Glencore has received investor commitments for […]
Having had to postpone its autumn conference earlier this year, the Iraq Britain Business Council (IBBC) has confirmed that it has received full UAE Government approval to hold its conference on Sunday 18th December. It has convened 20 of the top decision-makers from the Government of Iraq and key industry sectors, who will come together […]
By John Lee. The Iraq Britain Business Council (IBBC) has announced a new date and location for its Autumn Conference: 18th December, 2016 The Address, Dubai Marina. More information can be found here. (Source: IBBC)
Iraqis paid close attention to the US presidential race, especially to the candidates' positions on their country. Many Iraqis welcomed Donald Trump's presidential victory, as well as his anti-terrorism and anti-chaos rhetoric on Iraq. Once the announcement came that Trump had won, many Iraqi politicians and citizens expressed joy. Prime Minister Haider al-Abadi congratulated the new […]
By Salam Zidane for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq considers proposal of agricultural licensing rounds for foreign investors On Oct. 23, the Iraqi parliament’s agricultural committee reported that Iraq imports more than 75% of its vegetables and animal products. Meanwhile, agriculture experts conducted […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th Nov 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ913 (-1.2%) / $905 (-1.9%) (weekly change) (-16.2% and -21.0% YTD change, respectively). The number of week traded […]
The Iraq Britain Business Council (IBBC) has today announced changes to its leadership team. Former IBBC Executive Chairman Baroness Nicholson of Winterbourne is now President of the 54-member organisation. Baroness Nicholson also serves as the Prime Minister’s Trade Envoy to Iraq, Azerbaijan and Turkmenistan. Replacing Baroness Nicholson as Chairman is Mr Mohammed Charchafchi, Chairman and […]
The Iraqi government has said that the election of Donald Trump as US president will not change its relationship with the United States. Government spokesman Saad al-Hadithi told Rudaw: “The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they […]
