Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Kurdistan Regional Government Prime Minister, Nechirvan Barzani, on Monday received Mr. Georg Enzweiler, on the occasion of his appointment as Germany’s new Consul General to the Kurdistan Region. Mr. Enzweiler expressed his pleasure to be appointed as his country’s Consul General to Kurdistan Region and hoped to further develop bilateral relations between Germany and the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th December 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,373 (+0.2%)/ $1,489 (+0.2%) (weekly change) (-26.4% and -25.0% YTD change, respectively). The number of week traded shares […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th December 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,370 (+0.2%)/ $1,486 (+0.3%) (weekly change) (-26.5% and -25.2% YTD change, respectively). The number of week traded shares […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th November 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,368 (-1.0%)/ $1,482 (-0.8%) (weekly change) (-26.7% and -25.4% YTD change, respectively). The number of week traded shares […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th November 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,382 (-0.1%)/ $1,493 (-0.1%) (weekly change) (-25.9% and -24.8% YTD change, respectively). The number of week traded shares […]
By John Lee. At a meeting of the Economic Council of the Kurdistan Region on Monday, the progress in setting up the Erbil Stock Exchange (ESX) was reviewed, and it looks like a shake-up in personnel can be expected. A statement from the KRG read: "In order for the Exchange to operate according to the […]
By John Lee. WesternZagros Resources has announced the successful closing of its rights offering which expired on November 14, 2014. The Rights Offering, together with the equity backstop arrangement provided by the Company's largest shareholder, Crest Energy International LLC, generated CDN$200 million in gross proceeds to the Company which will be used to fund development […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th November 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,383 (+2.5%)/ $1,495 (+2.2%) (weekly change) (-25.8% and -24.7% YTD change, respectively). The number of week traded shares […]
By John Lee. Nasdaq and the Iraq Stock Exchange (ISX) have announced today the successful on-schedule go-live of the X-stream Trading technology, which replaced the existing Horizon platform. Nasdaq has delivered trading technology to ISX since 2007. The X-stream Trading upgrade provides ISX with a widely deployed high-end, multi-asset trading platform that complies with international […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th November 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,350 (-3.1%)/ $1,463 (-2.8%) (weekly change) (-27.6% and -26.3% YTD change, respectively). The number of week traded shares […]
By Mark A DeWeaver. As of November 6, 18 of the 21 ISX listed banks have reported third quarter earnings. The numbers aren’t pretty. Rabee Securities’ latest corporate profits report shows bank-sector aggregate profits for the first nine months down 17% year-on-year. Taking out BUND, an obvious outlier with earnings growth of 115%, the decline […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th October 2014). Note: ISX announced that they will suspend the trading sessions for one week to transfer the data and complete the preparations to switch from Horizon to X-Stream trading system. The last trading session using the Horizon system was on October […]
