Archive | Investment

Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th November 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,623 / $1,755  (+0.6%) (weekly change). The number of week traded shares was 16.6bn and the weekly trading volume was ID24.1bn ($20.1mn). ISX Company Announcements […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th November 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,608 / $1,740  (+5.6%) (weekly change). The number of week traded shares was 19.7bn and the weekly trading volume was ID23.5bn ($19.6mn). ISX Company Announcements […]

A Kinder, Gentler CBI?

By Mark DeWeaver. On October 16, Prime Minister Maliki removed the head of the central bank, Sinan al-Shabibi, accusing him of mismanagement and currency manipulation. (There’s more on this story here, here, and here.) This move was widely seen as a power grab by the prime minister and a grave threat to the CBI’s independence. […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd November 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,524 / $1,648  (+1.4%) (weekly change). The number of week traded shares was 43.3bn and the weekly trading volume was ID41.8bn ($34.8mn). ISX Company Announcements […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th November 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,502 / $1,625  (+2.3%) (weekly change). The number of week traded shares was 43.1bn and the weekly trading volume was ID39.9bn ($33.3mn). ISX Company Announcements […]

Mudarabah and the Shapely Value

By Mark DeWeaver. I recently had occasion to bone up on Islamic finance while preparing for a meeting with Kurdistan International Bank (BKUI), Iraq’s largest Islamic bank. In the process, I noticed an interesting parallel between a form of financing known as mudarabah and a game theory concept I hadn’t thought about since my graduate […]

Al-Araji: Iraq Needs $1 Trillion to Rebuild

 By John Lee. Iraq needs up to $1 trillion over the next 10 years to rebuild its crumbling infrastructure and battered economy, the head of the National Investment Commission (NIC), Sami al-Araji (pictured), said at the Baghdad International Fair. "We are talking about the reconstruction of Iraq, a minimum requirement of money ... is about […]

EFG Hermes Eyes Expansion into Iraq

By John Lee. Egyptian investment bank EFG Hermes is planning to expand into Turkey, Iraq and Libya, according to a report from Reuters. The company also plans to grow its asset management arm by 50 percent after the completion of its joint venture with Qatar's QInvest. QInvest will hold 60 per cent and EFG's holding […]

Tony Blair on the Future of Iraq

The following is the text of a speech to be delivered this morning by former British Prime Minister Tony Blair, who is addressing the Iraq Britain Business Council’s 4th London Conference on the theme: "Iraq: The Road To Success?" This conference I know is one of several taking place that highlight the economic opportunity Iraq […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th October 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,457 / $1,576  (+1.3%) (weekly change). The number of week traded shares was 4.8bn and the weekly trading volume was ID6.5bn ($5.4mn). Note: There will […]