Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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 […]
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 […]
By John Lee. Dana Gas may become the first United Arab Emirates (UAE) company to fail to pay an Islamic bond on maturity, according to a report from Reuters which cites "three sources familiar with the matter". Shares in the UAE's largest listed natural gas firm fell more than 4% on the Abu Dhabi Securites […]
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 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 18th October 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,438 / $1,556 (-2.8%) (weekly change). The number of week traded shares was 16.9bn and the weekly trading volume was ID21.8bn ($18.2mn). ISX Company […]
(Note: the speech was read by Minister Ali Saeed, as the Prime Minister was unable to attend). Ladies, gentlemen and distinguished guests, good morning. I wanted very much to be here with you today, but unfortunately I have had to change my plans due to some unforeseeable circumstances. In any event, I would like to […]
By John Lee. Presidents Maliki and Putin have issued the following statement after their meeting in Moskow: PRESIDENT OF RUSSIA VLADIMIR PUTIN: Mr Prime Minister, ladies and gentlemen, Our meeting with the Prime Minister of Iraq, Mr Nouri al-Maliki, was substantive and constructive. Some significant changes have have been taking place in Iraq since Mr […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th October 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,441 / $1,558 (+1.1%) (weekly change). The number of week traded shares was 7.9bn and the weekly trading volume was ID13.1bn ($10.9mn). ISX Company […]
By John Lee. Zain Iraq plans to finally go ahead with its stock market listing by early 2013 at the latest, according to a report from Reuters. Hisham Akbar (pictured), Zain's deputy chief executive and chief operating officer, told reporters on Tuesday that the company still needs to convert to a joint stock company in […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th September 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,426 / $1,542 (+1.0%) (weekly change). The number of week traded shares was 5.8bn and the weekly trading volume was ID10.5bn ($8.8mn). ISX Company Announcements […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th September 2012). Please click here to download a table of listed companies and their associated ticker codes. ID1,412 / $1,527 (-0.1%) (weekly change). The number of week traded shares was 6.4bn and the weekly trading volume was ID12.7bn ($10.6mn). ISX Company Announcements […]
Iraq is participating in the European-Arab Economic Forum, according to the Iraqi Ministry of Trade. Azad Hussein Rashid, deputy director-general of the Foreign Economic Relations Department at the ministry is attending the two-day forum with many business people from Arabic and European countries, as well as institutional investors from Arabic countries and delegates from industry associations. […]
