Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By Mark DeWeaver. It’s been lackluster year for the ISX-listed banks. Total pre-tax profit for the 12 non-Islamic lenders that have reported so far fell 12% in the first half on a 3% decline in operating revenue, an 8% increase in operating expense, and a 21% increase in administrative expense. Earnings dropped at 7 of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th Septemner 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,539 (+1.5%)/ $1,660 (+1.3%) (weekly change) (-17.5% and -16.4% YTD change, respectively). The number of week traded shares […]
By Patrick M Schmidt. Despite more than a three year delay and the current security situation in Iraq, Zain has announced that they still intend to commit to their initial public offering. "Against the backdrop of security and safety issues, Zain Iraq is today mainly focused on maintaining its network and providing much needed mobile […]
By Patrick M Schmidt. The governor of Al Diwaniyah officially announced the start of the bidding process for a new airport in the southwest of the province. The project recently received approval from the central government for the construction of a civilian airport. The local government will soon begin presenting the idea to foreign contractors. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th August 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,516 (-0.4%)/ $1,638 (+0.5%) (weekly change) (-18.7% and -17.5% YTD change, respectively). The number of week traded shares […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st August 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,523 (+4.9%)/ $1,631 (5.3%) (weekly change) (-18.4% and -17.9% YTD change, respectively). The number of week traded shares […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th August 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,452 (+8.4%)/ $1,549 (+8.4%) (weekly change) (-22.1% and -22.0% YTD change, respectively). The number of week traded shares […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 7th August 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,339(-9.0%)/ $1,428(-9.4%) (weekly change) (-28.2% and -28.1% YTD change, respectively). The number of week traded shares was 13.5bn […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th July 2014). Note: ISX will be closed starting from July 27, 2014 to July 31, 2014 due to the national holiday of Eid Al-Fitr. The next session will be held on Sunday, August 3, 2014. Please click here to download a table […]
Following the insurgency by ISIS/ISIL, and the declaration of a 'caliphate' to be known as the Islamic State (IS), we have seen an increase in enquiries to Iraq Business News regarding the future of the country's currency, the Iraqi dinar (IQD). These enquiries typically come from people who have been persuaded to speculate on the […]
By John Lee. The Iraq Stock Exchange (ISE) has announced that Thursday, 24th July, is the last trading session before the Eid al-Fitr holiday. The first trading session after returning from the Eid holiday will be on Sunday, 3rd August. (Source: )
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th July 2014). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,495 (-0.4%)/ $1,597 (-0.4%) (weekly change) (-19.8% and -19.6% YTD change, respectively). The number of week traded shares […]
