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: 6th October 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD946 (-1.8%) / $830 (-1.8%) (weekly change) (+3.1% and +3.1% YTD change, respectively). The weekly trading volume was […]

New Digitised Mapping Service for Erbil

By John Lee. A new startup has reportedly announced a new product that digitises real estate maps. According to a report from Iraq Tech, Optionline's Naxsha is cloud-based real-estate software that "offers agencies a customisable platform to build and use data to improve their sales strategy." The app currently only contains maps of Erbil city, […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th August 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD964 (+2.5%) / $845 (+2.9%) (weekly change) (+5.0% and +5.0% YTD change, respectively). The weekly trading volume was […]

Iraqi Kurdistan to launch "Special Economic Zones"

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan to launch SEZs for imports substitution Minister Muhammad Shukri discusses the Kurdistan Regional Government's (KRG) plans to set up 16 zones for life beyond oil. The full article can be viewed […]

Asiacell to sell Mobile Phone Transmission Towers

By John Lee. Qatari mobile telecoms group Ooredoo is planning to sell its portfolio of transmission towers, which includes those owned by its Iraqi subsidiary Asiacell. Media sources suggest that this will be done on a sale-and-leaseback basis, and that the portfolio may be split by country. According to Reuters, Morgan Stanley is advising on […]

Moody's assigned Credit Ratings for National Bank of Iraq (NBI)

By John Lee. Moody's Investors Service has assigned first time local currency long-term/short-term deposit ratings of B3/NP for National Bank of Iraq (NBI), and foreign currency long-term/short-term deposit rating of Caa1/NP. At the same time, the rating agency has assigned a Baseline Credit Assessment (BCA) of caa2, Adjusted BCA of b3, as well as long-term […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 22nd September 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD940 (+1.1%) / $822 (+1.1%) (weekly change) (+2.4% and +2.1% YTD change, respectively). The number of week traded […]

US focus on Increasing Trade and Investment in Iraq

By John Lee. The U.S. Ambassador to Iraq, Alina L. Romanowski, and members of the Embassy's Economic Section welcomed diplomats from 11 embassies and international organizations to the U.S. Embassy on Tuesday. The meeting intended to focus efforts on increasing trade and investment in Iraq. In a statement after the meeting, the U.S. Mission to […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th September 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD934 (+0.01%) / $816 (+0.01%) (weekly change) (+1.7% and +1.4% YTD change, respectively). The number of week traded […]