Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. The French Ambassador in Baghdad Dennis Gauer (pictured) has accompanied a delegation from the French Foreign Ministry including Jean Francois Giraud, Head of the North Africa and Middle East Department at the ministry. Iraqi Foreign Minister Hoshyar Zebari and his ministry's head of the Europe Department greeted the delegation, and issues such […]
The British Embassy has the pleasure to invite you to bid for funds from the Arab Partnership Participation Fund (APPF) for the financial year 2014/2015. The Arab Partnership Participation Fund (APPF), led by the Foreign and Commonwealth Office (FCO) focuses on three priority areas: · political participation · freedom of expression and public voice · […]
Iraq Business News is delighted to bring you the latest major new guide to business in Iraq. Published by Allurentis, in association with Iraq’s National Investment Commission (NIC) and UK Trade and Investment (UKTI), the fifth edition in the annual New Iraq series - The New Iraq: 2014 Discovering Business - contains a wealth of […]
By Robert Tollast. Lynne Yelich, the Canadian Minister of State for Foreign and Consular Affairs, has completed a 3 day trade mission visiting Basra, Baghdad and Erbil. It is the first Canadian mission of its kind to Iraq in 25 years, and saw the opening of a Canadian trade office in Erbil. Her delegation was […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th February 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,936 (-0.1%)/ $2,056 (-0.1%) (weekly change). The number of week traded shares was 13.8bn and the weekly trading […]
Capstone Meetings Highlight Policies to Attract Private Investment and Advance Iraq’s Economic Development The U.S. Embassy’s Minister Counselor for Economic Affairs, Robin Matthewman (pictured), joined high-level Iraqi officials and international experts in opening a two-day series of “Capstone Meetings” to discuss ways to attract private investment into Iraq. The National Investment Commission (NIC) of Iraq […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th January 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,889 (+1.9%)/ $2,005 (+1.8%) (weekly change). The number of week traded shares was 4.3bn and the weekly trading […]
By Ayser Jabbar for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is not attracting domestic capital belonging to its citizens. Inadequate economic and investment policies in addition to widespread corruption have contributed to a new migration of Iraqi capital. This time, capital […]
The Central Bank of Iraq announced on Sunday that it has received a memo from the Bank of International Settlements (BIS) in Basel Switzerland announcing that it will accept more deposits from Iraq. “This procedure will contribute in increasing Iraq’s money revenues after keeping it in a very secure location,” the Central Bank explained. The […]
Cihan Bank, a leading private sector Islamic bank from Iraq, is planning to set up a representative office in the UAE and has plans to enter into tie-up with leading UAE banks, according to reports from Gulf News. “Currently, we have an office in Dubai," Gulf News quoted Nawzad Yahya Bajger, vice chairman of Cihan. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th December 2013). Note: ISX will be closed during December 27, 2013 - January 6, 2014 due to the end-of-year closing operations. The last session of this year will be on Thursday, December 26, 2013 and trading will resume on Tuesday, January 7, […]
By John Lee. Aljazira Capital has raised its rating on Astra Industrial Group to overweight from neutral after the Saudi industrial conglomerate started a new steel millin Iraq. The Jeddah-based investment bank was initially expecting the melt shop of 450,000 metric tons/year of billet and mill of 300,000 mt/y of rebar to begin operations in […]
