Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. In line with directives from the Ministry of Finance and the Central Bank of Iraq (CBI), Al-Rafidain Bank has announced the launch of the first issuance of national bonds worth IQD 2 trillion [$1.5 billion]. The issuance period runs from February 10 to March 10, 2025. The bonds are available in two […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. He outlined Iraq's major achievements in the oil and gas sector, including: Adding 380,000 barrels per day to […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 13th February 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,250.5 0.2% 0.05% RSISX USD Index […]
By Jon Wilks CMG, Former UK Ambassador to Iraq, for the Iraq Britain Business Council (IBBC): British business heightened interest in Iraq following visit of Prime Minister Al Sudani to London Iraq in 2025 continues a steady and sustained recovery based on greater stability, strong oil revenues, staying out of regional conflicts and accelerating reconstruction. […]
By John Lee. Standard Chartered has successfully arranged a $95-million term loan for the Iraqi Ministry of Finance, supporting the supply of five electrical substations across northern and southern Iraq. The financing, backed by a 100% UK Export Finance (UKEF) guarantee, covers both political and commercial risks. The Ministry of Electricity will use the funds […]
By John Lee. S&P Global Ratings has affirmed its 'B-' long-term and 'B' short-term foreign and local currency sovereign credit ratings on Iraq. "The outlook is stable," it added. More details, including economic stats, here. (Source: S&P Global Ratings)
By John Lee. The Iraq-Jordan Joint Trade Committee has concluded its meetings in Baghdad, signing an agreement outlining several mechanisms to enhance bilateral trade and address existing challenges. The committee, holding its first meeting, was chaired by Jordan's Minister of Industry, Trade, and Supply, Yarub Qudah, and Iraq's Minister of Trade, Atheer Dawood Al-Ghurairi. Minister […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Trading Volumes Support Market's Uptrend The market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), continued with the process of consolidating […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 6th February 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,246.7 1.3% -0.1% RSISX USD Index […]
By John Lee. Basra Governor Asaad Al-Eidani (pictured) has reportedly announced the launch of Madinat Al-Nakhil [Palm City], a major residential and developmental project in Iraq. Planned for over a decade, the eco-friendly city will span 54 nature reserves and 34 additional dunams, featuring 120,000 housing units, universities, and industrial zones aimed at reducing carbon […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq imports over 50 kilograms of gold daily: Ministry Iraq imports between 50 to 75 kilograms of gold daily excluding the Kurdistan Region, the planning ministry said on Wednesday, adding that gold imports are […]
By Ingrid d'Hooghe, Vera Kranenburg, and Erwin van Veen, for The Clingendael Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. China in Iraq The main objective of China's engagement in Iraq is to ensure a reliable flow of oil that diversifies Beijing's imports […]
