Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The question that constantly arises in Iraq, and that is often posed perplexedly, is: “Why have the Iraqis failed to attract large-scale investments over the past ten years of political and […]
The Louis Berger Group has announced that it will help the Kurdistan Regional Government (KRG) to start up the Erbil Stock Exchange (ESX) in Iraq’s Kurdistan region, a joint endeavor of the Iraqi government and private sector to build a modern securities market. “The launch of the ESX initiative is yet another testimony of the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st March 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,675 / $1,812 (+1.0%) (weekly change). The number of week traded shares was 19.4bn and the weekly trading […]
By Matthew Gayle. The Burgan Bank Group announced that it has won Global Banking and Finance Review's award for Best Banking in MENA (Middle East and North Africa) for the second year in a row. The award was given to Burgan Bank Group in recognition of its performance in 2012, and its consistent delivery of sound […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th March 2013). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,658 / $1,793 (-1.0%) (weekly change). The number of week traded shares was 6.1bn and the weekly trading […]
By Mark DeWeaver. On March 3, the ISX posted the following notification on its website: “No institution or competent body has requested a license to act as custodian pursuant to Decree No. 17 of 2012. “Therefore, the Depository Centre remains the sole body conducting the transfer of securities from the account of the investor [registered] […]
By John Lee. WesternZagros Resources has announced that it has entered into an investment agreement with Crest Energy International LLC, under which Crest will purchase, through a non-brokered private placement, 51,000,000 Common Shares in the Company at $1.25 per share for gross proceeds of $63.75 million. This price represents an approximate 25 percent premium to […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 7th March 2013). Please click here to download a table of listed companies and their associated ticker codes. ID1,674 / $1,811 (-1.1%) (weekly change). The number of week traded shares was 39.8bn and the weekly trading volume was ID41.2bn ($34.3mn). ISX Company […]
The United States and Iraq today announced that the bilateral United States-Iraq Trade and Investment Framework Agreement (TIFA), first negotiated in 2005, is likely to enter into force later this year, providing a bilateral forum devoted to fostering greater trade and investment between our two countries. The announcement follows the Iraq Council of Representatives’ recent […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Mobile phone company Zain Iraq announced that it will put 25% of its shares on the Iraqi stock market, less than three weeks after its rival Asiacell placed a portion of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th February 2013). Please click here to download a table of listed companies and their associated ticker codes. ID1,693 / $1,832 (+3.3%) (weekly change). The number of week traded shares was 13.1bn and the weekly trading volume was ID24.6bn ($20.5mn). ISX Company […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st February 2013). Please click here to download a table of listed companies and their associated ticker codes. ID1,639 / $1,773 (+0.3%) (weekly change). The number of week traded shares was 7.6bn and the weekly trading volume was ID17.6bn ($14.7mn). ISX Company […]
