Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th May 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,733 (-2.7%) / $1,823 (-1.5%) (weekly change). The number of week traded shares was 39.8bn and the weekly […]
Gulf Keystone Petroleum (GKP) has provided an update on its intention to move from AIM to the Premium Segment of the Official List of the London Stock Exchange. The Company will initially make an application for the Common Shares of the Company to be admitted to the Standard Segment of the Official List. The Company […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23th May 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,793 (+1.2%) / $1,852 (+2.9%) (weekly change). The number of week traded shares was 36.9bn and the weekly […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th May 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,771 (-1.7%) / $1,799 (-1.2%) (weekly change). The number of week traded shares was 33.4bn and the weekly […]
By Mark DeWeaver. I thought Sansar Capital’s recent report on the Iraqi banks was excellent. But I was surprised by its somewhat negative take on North Bank (BNOR). In particular, I found myself not entirely convinced by the following three points, which form the basis for their bearish case: Insufficient collateral for overdraft lending is […]
By Padraig O'Hannelly. At Iraq Business News we've always been clear that Iraq is a land of both opportunities and risks. The challenge for any investor or businessperson has always been to decide what risks are worth taking, and at what price. In the investment arena, real out-performance can only come from having a different […]
By Abdel Hamid Zebari for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The economy of the Kurdistan region of Iraq fluctuates according to the state of relations between Baghdad and the Kurdistan Regional Government. A key indicator of the region’s economy, real estate, […]
The security situation in Iraq hasn’t looked this bad in quite a while. Following the killing of at least 36 Sunni protestors in Hawijah on April 23, people are now even talking about a possible partition of the country. “It is wrong to say we are getting close to a civil war,” one Iraqi politician […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th May 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,802 (+0.9%) / $1,820 (+0.1%) (weekly change). The number of week traded shares was 24.5bn and the weekly […]
With so much gloomy news around, it is good to find some analysis that shows the other side of the story: A report just issued by Sansar Capital suggests that shares in Iraq's banking sector may be ripe for a re-rating. Key to the report's findings is the argument that Iraq's banks are exceptionally well […]
By John Lee. Dana Gas has reportedly denied speculation that is about to spin off its assets in Iraqi Kurdistan. Shares in the Abu Dhabi-based energy firm had risen on the rumours, but a spokesman said: "There is absolutely no basis to rumors of spinning off or selling Kurdistan or any other assets, and the […]
Singapore-based Sansar Capital Management has issued a comprehensive new report on the Iraqi banking sector. The report finds that while the mix of an improving macro environment and security situation offer attractive investment ingredients, many challenges remain for those interested in participating through public markets. Nevertheless, Iraq remains one of the most under-banked countries in […]
