Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. Prime Ministers Keir Starmer and Mohammed S. Al-Sudani have unveiled an ambitious £12.3 billion [$15 billion] UK-Iraq trade and investment package aimed at enhancing prosperity and bilateral economic ties. The agreement represents over a tenfold increase in trade compared to last year and underscores both nations' commitment to strategic collaboration across key […]
By John Lee. During Prime Minister Mohammed S. Al-Sudani's official visit to London, Iraq's Sovereign Guarantees Initiative Committee signed a Memorandum of Understanding (MoU) with UK Export Finance (UKEF) to enhance economic collaboration. The MoU, signed by Mohammed Sahib Al-Darraji, Head of the Initiative Committee and Advisor to the Prime Minister, and Adam Harris, Director […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani has arrived in London on an official visit, during which he will meet His Majesty King Charles III, Prime Minister Keir Starmer, senior officials in the British government and business leaders. Writing in The Telegraph, Prime Minister Al-Sudani emphasised the opportunities for cooperation between the two […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 9th January 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 2,290.4 1.8% 1.8% RSISX USD Index […]
Rabee Securities has published its 2024 Annual Bulletin for the Iraq Stock Exchange (ISX). Click here to download the full report. RSISX & RSISXTR Index Change Index Name Closings Change (m/m) (%) Change (y/y) (%) IQD-RSISX Index 2,249.5 2.1% 44.8% USD-RSISX Index 2,211.9 2.1% 44.8% IQD-RSISXTR Index 3,718.1 2.1% 52.3% USD-RSISXTR Index 4,084.3 2.1% 52.3% […]
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. What Next After Two Gangbuster Years? The market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 44.8% and 97.2% […]
By John Lee. The Iraqi Securities Commission (ISC) has published its main financial and economic indicators for 2024, highlighting significant growth in the performance of the Iraqi stock market. It said in a statement that the report reflects increased confidence in the market's role in supporting the national economy. Overview of Listed Securities Total Listed […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 2nd January 2025). Note: ISX will be closed until January 6, 2025, due to the end-of-year closing operations. The first trading session of 2025 will be on January 7. Please click here to view a table of listed companies and their associated […]
By John Lee. Iraq's National Development Plan (NDP) 2024-2028 has finally been released. The plan was a collaboration between the United Nations Development Programme (UNDP) and Iraq's Ministry of Planning with the support of the United States Agency for International Development (USAID). Launched (sic) to great fanfare back in August, the plan has been kept […]
By John Lee. The Central Bank of Iraq (CBI) has announced positive financial indicators for Q3 2024, highlighting the success of its monetary policy during the year: Banking Sector Growth (Q3 2024 vs. Q3 2023) Total Deposits in Banks Growth: 4.2% Q3 2024 Value: 127.6 trillion dinars. Q3 2023 Value: 122.4 trillion dinars. Cash Credit […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, has announced progress on the Development Road Project, emphasizing that following the completion of detailed designs, the project will be presented to major international companies for investment opportunities. Key Progress Milestones: Completion of Preliminary Designs: The Ministry has finalized 100% of the preliminary designs for […]
By John Lee. The Iranian Minister of Science, Research, and Technology, Hussein Simayi Sarraf, has reportedly expressed Iran's readiness to collaborate with Iraq in establishing joint science and technology parks, following a request from Iraqi higher education officials to benefit from Iran's expertise in this field. According to Iran's state-run Islamic Republic News Agency (IRNA). […]
