Archive | Investment

Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.

NIC Boss urges UK to relax Visa Rules

The Chairman of Iraq’s National Investment Commission (NIC), Dr Sami Al Araji, has called for the UK Government to relax its rules on visas for visiting Iraqi business people, and to alter its travel advice for Iraq on the basis that much of the country is safe for business people to travel to. Addressing a […]

The Growth of the Iraqi Tech Ecosystem

By Hal Miran, Editor-in-Chief, Bite.Tech. It might be surprising to know that the region of the Middle East has become a blossoming entrepreneurial, tech startup hub. From Jordan to Lebanon and Iran to Egypt, the region has made significant progress with innovation driving tech startup growth. Israel has more startups per capita than anywhere else […]

Iraq hopeful of more Filipino Investments

By John Lee. The Philippine embassy in Baghdad has said that the recent opening of ICTSI's $130-million port development in Basra opens further possible opportunities in construction and the oil and gas sectors. In a statement, Chargé d'Affaires Elmer Cato (pictured) expressed the hope that more Filipino companies would explore investment opportunities in Iraq. Philippine-based […]

KRG needs Investors for 2 New Universities

By John Lee. The Kurdistan Regional Government's Ministry of Higher Education and Scientific Research has requested proposals from investors interested in setting up two new private universities. One university will be in Erbil, and one in Sulaymaniya. Proposal should be sent to the Ministry HQ by 11th November, 2016. More information here. (Source: KRG)

Iraqi American Running for Iraqi Children

According to UNICEF, Iraq is now one of the most dangerous places in the world for children -- this lawyer and mother is doing something about it! As Iraq liberates Mosul, an Iraqi American mother and lawyer, thousands of miles away, is training to run in the November 6 New York City Marathon. As she did at the Chicago Marathon and the […]

IBBC Autumn Conference Cancelled

By Padraig O'Hannelly. The Iraq Britain Business Council (IBBC) has had to cancel its Autumn Conference, originally scheduled for 6th November in Dubai, due to circumstances beyond its control. A spokesperson told Iraq Business News that planning is now underway for an alternative conference to be held in Baghdad in December, with details to be […]

New LinkedIn Group to Promote SMEs in Iraq

By Padraig O'Hannelly. A new LinkedIn group has been created to help promote new businesses in Iraq. The Iraqi Crowdsourcing Group is dedicated to Iraqi entrepreneurship, projects, business ideas, solutions to problems Iraqi startups face, and innovation to ensure that successful and efficient new businesses are created. It has been set up by Aziz Al […]

Iraq Stock Market Gains 11% on Week

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Oct 2016). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ883 (+2.7%) / $875 (+11.3%) (weekly change) (-19.0% and -23.6% YTD change, respectively). The number of week traded […]

NIC grants $90bn in Investment Licences since 2009

The Elaborated Economic Conference for Investment Projects in Iraq was held in Baghdad on 17th October, organized by the Supreme Committee of Provincial Coordination and the National Investment Commission (NIC), with the attendance of a number of Parliament members, Ministers, Governors, Heads of Provincial Councils, Heads of Provincial Investment Commissions in addition to representatives of […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Oct 2016). Note: ISX will be closed on Oct. 12, 2016 due to the Day of Ashura. Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ793 (+2.7%) / […]

Antigua Shelves Multi-Million Iraqi-Funded Project

By John Lee. The Government of Antigua & Barbuda has shelved plans for an Iraqi-funded project, which Prime Minister Gaston Browne (pictured) had claimed to be worth “several hundred million dollars”. Browne said on Tuesday that the project, part of the Citizenship by Investment Programme (CIP), was now “off the table”. It was to have been […]