Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. Dr. Haider Mohammed Makiyya (pictured), Chairman of Iraq's National Investment Commission (NIC), has announced the country's first "Real Estate Developer" program aimed at providing affordable serviced residential plots for citizens, in partnership with the private sector. According to a statement from the NIC, this initiative aligns with government plans to alleviate the […]
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. Market Marks a Milestone, Closing at an All-time High The equity market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), marked […]
By John Lee. The International Chamber of Commerce (ICC) in Iraq has reportedly established a local arbitration committee, aimed at minimizing financial losses from external arbitration and attracting foreign investors. Mohsen Al-Humaidawi [Mohsin Al Hamed], Head of ICC Iraq, told the state-run Iraqi News Agency (INA) that the new committee, announced at the International Trade […]
By John Lee. Iraq's Undersecretary of the Foreign Ministry for Political Planning, Ambassador Dr. Hisham Al Alawi, received the Ambassador of the Netherlands to Iraq, Ms. Janet Alberda, on 27th October to discuss a number of issues of common concern between the two countries. From a business perspective, the main points of the meeting between […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 31st October 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 2,140.6 9.3% 37.7% RSISX USD Index […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired the regular meeting of the Higher Committee for Investment and Reconstruction on Wednesday, during which investment projects across economic and developmental sectors were reviewed. The committee approved several investment and reconstruction projects, including housing initiatives for various social groups and industrial and service projects. Approval was […]
By John Lee. Iraq's government has successfully attracted $100 billion in investments over the past two years, according to Mohammed Al-Najjar, advisor to the Prime Minister for Investment and head of the Iraq Development Fund. He told the state-run Iraqi News Agency (INA) that a $5 billion agreement was signed recently with Egypt's Elsewedy Electric […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 24th Oct 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 1,957.7 -0.2% 26.0% RSISX USD Index […]
By John Lee. Iraq's Prime Minister, Mohammed S. Al-Sudani, held a meeting on Monday, with Mr. Ahmed ElSewedy, Chairman of Egypt's ElSewedy Group, and a group of Egyptian industrial and commercial company directors, with several of the Prime Minister's advisers. During the meeting, the Prime Minister emphasized the expanding economic cooperation between Iraq and Egypt, […]
By John Lee. Speaking at the "Investment Forum for Businessmen and Investors" in Babylon on October 15, the Head of Iraq's National Investment Commission (NIC) highlighted the importance of developing tailored investment maps for each province, ensuring projects meet local needs. Dr. Haider Mohammed Makiyya noted that over $69 billion in investment licenses have been […]
By John Lee. Makers of Baghdad, an innovation hub and maker space, has produced a report exploring the impact of financial technology on economic growth, inclusion, and innovation in Iraq. Mapping the Role of FinTech in Iraq finds that the financial landscape in Iraq is undergoing a significant transformation, largely driven by the rise of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 17th Oct 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 1,962.4 4.5% 26.3% RSISX USD Index […]
