Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. Iraq Venture Partners (IVP) has identified four main areas as untapped investment opportunities in the Iraqi market: Fintech: Limited access to formal banking creates demand for mobile payment solutions and digital financial products. There is room for growth in areas like peer-to-peer lending, microfinance, and digital banking solutions that enhance financial inclusion, […]
From the Iraq Britain Business Council (IBBC). IBBC holds successful Dubai business conference with senior membership and government dignitaries IBBC held a successful two-day conference in Dubai including a full education day followed by the business day, attended by senior officials from Iraq including HE Mohammed Al Darraji, senior technical advisor to the Iraqi PM […]
By John Lee. During an official visit to Abu Dhabi, Iraqi Securities Commission (ISC) President Faisal Al-Haimus met with Abdulla Salem Alnuaimi, CEO of Abu Dhabi Securities Exchange Group (ADX), to explore enhancing collaboration between the Iraqi Stock Exchange (ISX) and ADX. Discussions focused on integrating ISX into the Tabadul Digital Exchange Hub, a cross-border […]
By John Lee. The Netherlands and Iraq Venture Partners (IVP) have launched the second phase of the Orange Corners Innovation Fund (OCIF) at a signing ceremony held at the Embassy of the Netherlands in Baghdad. The EUR 2.6-million fund, financed by the Netherlands and implemented by IVP, aims to support young Iraqi entrepreneurs with technical […]
By John Lee. The "Riyada" Initiative Conference was held on Saturday in Baghdad under the theme: "Investing in Human Potential to Enhance Iraq's Economy... Toward an Entrepreneurial Society." According to a statement from Prime Minister's office, the event showcased the government's commitment to empowering youth through entrepreneurship as a core pillar of economic development. Prime […]
By John Lee. The new headquarters of the Company Registration Directorate, part of the Ministry of Trade, was opened in Baghdad on Saturday by Prime Minister Mohammed S. Al-Sudani. The event marked what his office described as a significant step in the government's ongoing initiative to modernise institutional operations and align them with modern technological […]
By John Lee. The Iraqi Cabinet has blocked a proposal to provide a sovereign guarantee for a rail project. A statement issued on Thursday evening through the Media Office of the Prime Minister stated: "Based on the investigation results issued by the investigative team of the Commission of Integrity regarding the partnership contract concluded between […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th December 2024). 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 2,186.9 -1.3% 40.7% RSISX USD Index […]
By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]
By John Lee. Iraq's National Investment Commission (NIC) Chairman, Dr. Haider Mohammed Makiyya, announced the signing of the Investment Protection and Promotion Agreement with Saudi Arabia on November 24, 2024. The agreement, finalized ahead of the 28th World Investment Conference in Riyadh, aims to create a secure environment for Saudi investors in Iraq, supported by […]
By John Lee. Iraq's Minister of Trade, Mr. Atheer Daoud Al-Ghurairi, emphasized the government's dedication to advancing economic, trade, and investment relations with Greece during his meeting with Mr. Dimitris Skalkos, Secretary-General for International Economic Relations at the Greek Ministry of Foreign Affairs, and Greek Ambassador to Iraq, Mr. Georgios. Key Highlights of the Meeting: […]
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makiyya, held a meeting with Adham Al-Fakhar, Chairman of the Iraqi-French Business Council, and its members to discuss promising strategic investment projects. Dr. Makiyya emphasized the NIC's commitment to advancing a forward-looking investment policy that prioritizes innovative projects to strengthen Iraq's […]
