Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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 […]
The Chief Representative of Japan International Cooperation Agency (JICA), Shohei Hara, met with the Head of the Department of Foreign Relations, Minister Falah Mustafa, on Tuesday to discuss JICA’s new projects in the region as well as other areas of mutual interest. The meeting was also attended by the Assistant Head of the DFR, Siham […]
By John Lee. Erbil-based Cihan Bank, a privately-owned Islamic bank, is about to launch a $100 million investment fund focused on opportunities in Iraq, and is planning to expand its operations in the UAE. Vice-Chairman Nawzad Yahya Bajger told Gulf News: “Currently, we have an office in Dubai. We are seeking to establish a representative […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th 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, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th November 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 (+2.9%)/ $1,917 (+2.7%) (weekly change). The number of week traded shares was 6.3bn and the weekly trading […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th November 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,755 (-0.3%)/ $1,864 (-0.1%) (weekly change). The number of week traded shares was 4.2bn and the weekly trading […]
By John Lee. The Ministry of Telecommunications, in coordination with the National Investment Commission (NIC) has announced an opportunity for Iraqi and foreign investors to invest the lands belonging to the Ministry, the details of which are outlined below. The offer is made in accordance with investment law No. 13 (2006) as amended, and its […]
The Kurdistan Region Government and the Integrated Coordination Office for Development and Humanitarian Affairs (ICODHA) of the United Nations Assistance Mission for Iraq (UNAMI) have announced today signing of an agreement to launch a joint Trust Fund aimed at supporting the Kurdistan Region Government’s development vision outlined in the Kurdistan Vision 2020 Development Strategy. The […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 31st October 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,755 (-0.3%)/ $1,864 (-0.1%) (weekly change). The number of week traded shares was 4.2bn and the weekly trading […]
By Yasmine Khaled Aly, UNIDO. Before learning about UNIDO’s Investment Promotion in Iraq (IPI) Project, Anwar Hussein – a young, ambitious and hardworking Iraqi – had a small business but few business opportunities. With IPI's help, Anwar’s business, and life, have changed. Like many young entrepreneurs in Thi-Qar, Anwar wanted to start a business where […]
