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: 29th August 2013). According to Central Bank of Iraq (CBI)’s announcement, CBI’s board has decided to lift custody over Warka Bank on August 25, 2013 after the Financial Services Court has made a final decision about the custody case on May 26, 2013. […]
The KRG’s Head of Foreign Relations recently received Armenia’s Deputy Minister of Economy, Mr Tigran Harutyunyan, and his delegation who were on a four-day visit to the Kurdistan Region. Deputy Minister Harutyunyan, who has visited the Kurdistan Region before, said that the aim of his visit is to further develop ties between Kurdistan and Armenia. […]
On Monday, the Central Bank of Iraq announced the increase of its US Dollar sales during Monday's auction after reaching $16278000 last Sunday. "The total US Dollars sold by the bank amounted to $288639000 at price of 1166 IQD per US dollar during the auction, which included the participation of twenty-four banks," CBI reported in a […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st August 2013). Note: ISX will be closed from August 8, 2013 to August 11, 2013 due to the national holiday for Eid Al-Fitr. The next session will be held on Monday, August 12, 2013. Please click here to download a table of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th July 2013). Note: The Iraqi Government has announced that next Thursday (August 1, 2013) will be a public holiday due to high temperatures. Therefore, ISX will be closed on August 1, 2013. Please click here to download a table of listed companies and their associated […]
By John Lee. The Iraqi Government has announced that Thursday 18th July will be a public holiday due to the high temperatures. As a result, the Iraq Stock Exchange (ISX) will be closed. The next session will be held on Sunday (21st July). (Source: Rabee Securities)
By John Lee. American-based private equity firm Carlyle Group is reported to be looking for opportunities in Northern Iraq. A report from Dow Jones says the move comes as a result of a new $750m fund that the company hopes to raise to invest in the Middle East and North Africa. The firm, which is […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th July 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,845 (-0.9%) / $1,955 (-1.5%) (weekly change). The number of week traded shares was 6.2bn and the weekly […]
By John Lee. JPMorgan Chase is the latest international bank after Citigroup and Standard Chartered to expand business in Iraq, reports Bloomberg. The company has just signed a one-year agreement to help the Trade Bank of Iraq (TBI) finance imports of goods and services, John Gibbons, managing director and EMEA regional executive, told the news […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st July 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,862 (-0.2%) / $1,984 (-0.5%) (weekly change). The number of week traded shares was 34.0bn and the weekly […]
The NASDAQ OMX Group has entered an agreement with the Iraq Stock Exchange (ISX) to upgrade its current trading platform. Under the terms of the agreement, ISX will replace its existing NASDAQ OMX platform (Horizon) with one powered by the renowned X-stream technology. The upgrade is expected to be rolled out by mid-year 2014. "We […]
By Mark DeWeaver. Since the beginning of 2012 the Iraqi dinar has been on something of a roller coaster ride. Changes in central bank policy combined with strong dollar demand from Iran and Syria have twice pushed the market rate above 1280. Both times, subsequent increases in dollar sales at the central bank’s currency auctions […]
