Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. Iraq's Integrity Commission and China's National Supervisory [Oversight] Commission have signed a memorandum of understanding to strengthen cooperation in combating corruption, pursuing fugitives, and recovering assets. The agreement aims to align efforts with the Belt and Road Initiative, promoting transparency and clean governance. Iraq's Integrity Commission head, Judge Haider Hanoun, emphasized the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 26th September 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 1,800.5 2.2% 15.9% RSISX USD Index […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 19th September 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 1,761.5 -1.2% 13.3% RSISX USD Index […]
By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, signed an agreement with the Austrian ambassador to Baghdad to secure a €262.16 million [$291 million] loan from Austria's Erste Group Bank. The loan will fund the development of pivot irrigation systems for the Ministry of Agriculture, with Austrian company Bauer leading the project's execution. […]
By John Lee. The Azerbaijan-Iraq Business Forum, held in Baku, focused on expanding cooperation in trade, tourism, and other sectors between the two countries. The event, organized by the Azerbaijan Export and İnvestment Promotion Agency (AZPROMO) and the Federation of Iraqi Chambers of Commerce, brought together over 100 business representatives from industries such as agriculture, […]
By John Lee. The Iraqi Securities Commission (ISC) has received reports that some electronic payment companies are collaborating with foreign brokerage firms to attract Iraqi investors and traders into trading foreign stocks outside Iraq's financial markets. It warns that these brokerage firms are unlicensed and unauthorized to conduct such activities. "We warn investors (individuals and […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, presided over a regular meeting of the Iraq Development Fund's Board of Directors. During the meeting, Al-Sudani emphasized the importance of the fund operating in line with international financial expectations to attract both domestic and foreign investors. He highlighted ongoing housing and school construction projects, reinforcing […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, announced the country's openness to partnerships for its flagship "Development Road" project, during a forum in Baghdad titled "Development Road - Opportunities and Growth." The forum was hosted by Enki Foundation for Studies and Research. The event brought together economists, investors, and business leaders to discuss […]
By John Lee. The Iraqi President has said that, "Iraq stands at the threshold of a new phase of security, stability, and economic development." Addressing a delegation from the League of Arab States, Abdul Latif Jamal Rashid said Iraq offers an enabling environment and conditions for investing in major strategic development projects. Full statement from […]
By John Lee. Qatar Chamber (QC) has hosted a meeting with a delegation from Invest Kurdistan. The meeting aimed to strengthen economic and commercial relations between Qatar and the Kurdistan Region of Iraq. Discussions included an introduction to the investment climates and opportunities available in both regions. Full statement from Qatar Chamber: Qatar Chamber hosted […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 12th Sept 2024). Please click here to view a table of listed companies and their associated ticker codes. Note: ISX will be closed on Sep. 15, 2024 (Sunday) due to a religious holiday (Prophet's Birthday). The next trading session will be held […]
By John Lee. Russian Foreign Minister Sergey Lavrov has said that Russia has invested over $19 billion in the Iraqi energy sector. "LUKOIL, Gazprom Neft and Rosneft account for the bulk of this investment," he added. The Minister made the comments at the opening ceremony of an exhibition marking the 80th anniversary of establishing diplomatic […]
