Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By Padraig O'Hannelly. For readers interested in investment opportunities in Iraq, I think it's fair to say that our Expert Bloggers have excelled themselves in recent weeks. Following the analysis of Iraq's banking sector by InvestAD's Sherif Salem earlier this month, Mark DeWeaver of Quantrarian Asia Hedge has been picking through the balance sheets of […]
By Mark DeWeaver. The ISX-listed industrials are best known for their main products, which include everything from polyvinyl chloride pellets (used for plastics production) to refrigerators and air conditioners. These companies are typically partially state-owned holdovers from Saddam Hussein’s time. Many have difficulty competing with imports. Often their factories are overstaffed, have obsolete machinery, and […]
By Jared Levy, Senior Middle East Analyst at Dunia Frontier Consultants. Dunia Frontier Consultants tracks foreign commercial activity (FCA) in Iraq, defined as investments, service contracts or any other form of commercial activity undertaken by non-Iraqi companies inside Iraq. An analysis of this data is undertaken annually in Dunia Frontier’s end-of-year Foreign Commercial Activity in […]
By John Lee. Following delays in its required stock market listing, which resulted in the imposition of fines by Iraq's communications regulator, Zain Iraq has announced key changes in its senior management, starting with the CEO Emad Makiya, who has stepped down from his post on Wednesday: Zain Iraq, an operating company of Kuwait's Mobile […]
By John Lee. Basra Investment Commission has published a new guide for investors, covering such areas as opportunities, taxes, and how to get a visa. The quality of the English translation is rather poor, but it is still reasonably understandable. You can download the guide here.
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th August 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,362 / $1,473 (+0.2%) (weekly change). The number of week traded shares was 15.1bn and the weekly trading volume was ID19.6bn ($16.3mn). Note: There will […]
By John Lee. Like good comedy, the secret of good investment is often said to be timing. Someone buying shares at the end of June in Heritage Oil, which has interests in Iraqi Kurdistan, may have had reason to be concerned if they planned to sell shortly afterwards, as the shares were suspended in early July […]
By John Lee. Shares in Heritage Oil closed the day up 21% at 148.80p on Tuesday, following the resumption of trading on the London Stock Exchange. Trading in the shares had been temporarily suspended on 2nd July pending publication of a prospectus relating to the company's proposed acquisition in Nigeria, which was issued yesterday. On […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd August 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,360 / $1,471 (-0.3%) (weekly change). The number of week traded shares was 5.7bn and the weekly trading volume was ID8.9bn ($7.4mn). Note: There will […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th July 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,363 / $1,475 (-3.5%) (weekly change). The number of week traded shares was 20.4bn and the weekly trading volume was ID23.0bn ($19.1mn). Non Iraqis […]
By John Lee. The Chairman of the Board of Governors of the Iraqi Stock Exchange has reportedly called for a five-year tax holiday for companies listing on the Iraqi bourse, to encourage companies to float their shares. Laith al-Tamimi also called for the Registrar of Companies at the Ministry of Trade to expedite the incorporation […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 19th July 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,413 / $1,514 (+3.6%) (weekly change). The number of week traded shares was 22.5bn and the weekly trading volume was ID27.0bn ($22.6mn). ISX Company […]
