Archive | Investment

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

LC Waikiki Open New Basra Outlet

By Robert Tollast. LC Waikiki, the Turkish fashion corporation with outlets in 27 countries, has opened a new store at the new Basra Times Square shopping mall in the southern Iraqi city. The announcement was made on the company's website, and will be the third outlet in Iraq after store openings in Baghdad and Erbil. A […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd Sept 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,230 (+0.7%) / $1,287 (-0.1%) (weekly change) (-11.7% and -13.1% YTD change, respectively). The number of week traded […]

Iraq Ready to Market Bonds

By John Lee. Reuters reports that Iraqi officials are planning to start marketing a new Eurobond following the Labor Day holiday in the U.S., which falls on 7th September. Citigroup, Deutsche Bank and JPMorgan Chase are to be the lead managers for the deal, which is expected to be unsecured. Iraq is hoping to raise […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,239 (-1.4%) / $1,297 (-1.4%) (weekly change) (-11.0% and -12.5% YTD change, respectively). The number of week traded […]

Japan Considers Water Projects in Basra

By John Lee. On Thursday the Prime Minister Dr. Haider Al-Abadi held a meeting in his office with the Japan International Cooperation Agency (JICA) to discuss projects to provide drinking water to the province of Basra. During the meeting, there was a follow-up on the water desalination project in al-Hartha in Basra. Dr. Abadi stressed […]

FDI and Legal Compliance in Iraq's Oil Industry

By Shwan Rahman. The Impact of Foreign Direct Investment on Legal Compliance in the Iraqi Oil and Gas Industry This study seeks to ascertain the causal link between the inflow of Foreign Direct Investment (FDI) and compliance with international law standards. The reasons why various Iraqi governments since 1958 have been very reluctant to open […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,27 (-1.0%) / $1,315 (-0.1%) (weekly change) (-9.8% and -11.2% YTD change, respectively). The number of week traded […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th Aug 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,258 (-1.0%) / $1,317 (-0.2%) (weekly change) (-9.7% and -11.1% YTD change, respectively). The number of week traded […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th July 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,271 (-4.5%) / $1,319 (-4.3%) (weekly change) (-8.8% and -11.0% YTD change, respectively). The number of week traded […]

Basra has Money to Spend on Infrastructure

By John Lee. The Governor of Basra, Majid Al-Nasrawi [Alnasrawi] (pictured), has called on Filipino companies to invest in the province. During a meeting with the country's Chargé d’Affaires, Elmer Cato, he stressed that Basra and the rest of southern Iraq remain safe for investors. Citing the example of the Manila-based International Container Terminal Services Inc. […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd July 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,339 (-5.4%) / $1,379 (+0.02%) (weekly change) (-3.9% and -6.9% YTD change, respectively). The number of week traded […]

Kurdistan Imports Less Gold

By John Lee. The Kurdistan Region of Iraq has imported 26 tons of gold in the first six months of the year, a reduction on the same period last year. According to a report from Shafaaq News, 16.7 tons were imported through Sulaymaniyah International Airport, 8.2 tons through Erbil International Airport, and 1 ton through […]