Archive | Investment

Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.

NIC Discusses Climate Investment Plan with UNDP

By John Lee. On Thursday, Dr. Haider Mohammed Makkiya, President of the National Investment Commission (NIC), met with a team from the United Nations Development Programme (UNDP), led by Mr. Mamunur Rashid, the Environment, Energy, and Climate Change Program Portfolio Manager. According to a statement from the NIC, the discussions focused on enhancing cooperation between […]

Iraq Prepares for Inaugural Investment Forum

By John Lee. Dr. Hayder Makia [Makiya, Makiyya], Chairman of the National Investment Commission (NIC), chaired a meeting to discuss preparations for the first-of-its-kind Iraq Investment Forum, scheduled for November. The meeting included Iraqi Economic Council President Ibrahim Al-Baghdadi and his delegation, as well as several senior officials and stakeholders from the commission. Dr. Makia […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 18th July 2024). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change  RSISX Index Closings Change (d/d) (%)         Change (m/m) (%)   Change (ytd) (%)       Change (12M) (%) IQD-RSISX Index 1,817.9 […]

Egyptian, Saudi Businesses discuss Investment Opportunities in Iraq

By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]

US Consulting Firm signs contract for Iraq Development Road

By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, announced the signing of a contract with Oliver Wyman, a consultancy firm, to provide advisory services for the Development Road project. Al-Saadawi stated that the consultancy will assist the ministry in marketing the project and overseeing investment opportunities. The contract, signed by Younis Khalid Jawad, […]

Iraqi PM pushes Re-Zoning of Agricultural Land to Residential

By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani chaired a special meeting on Thursday to review the implementation of Cabinet Decision 320 (2022), which concerns converting agricultural land to residential use. According to a statement from his office, the Prime Minister examined the procedures and instructions taken to implement the decision and addressed […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 11th July 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 1,775.8 3.3% 14.3% RSISX USD Index […]

Int'l Chamber of Commerce (ICC) opens in Iraq

By John Lee. The International Chamber of Commerce (ICC) has expanded its presence in Iraq with the official launch of ICC Iraq at ICC's Global Headquarters in Paris on Wednesday. Reflecting ICC's global reach, the new ICC national committee will promote ICC's mission in Iraq, boosting the voice of Iraqi business and chambers worldwide. The […]

Discussions on Saudi-Iraqi Business Development

By John Lee. The Chairman of the Federation of Saudi Chambers, Hassan Al-Huwaizi, has met in Riyadh with the Chairman of the Iraqi-Saudi Parliamentary Friendship Committee, Sheikh Shaalan Al-Karim. According to a press release from the state-run Saudi Press Agency (SPA), the meeting explored investment and trade prospects and emphasized the importance of legislation that […]

Azerbaijan-Iraq Business Forum to meet in Baku

By John Lee. Azerbaijan and Iraq have agreed to hold a meeting of the Azerbaijan-Iraq Business Forum in Baku in the near future. Nasir Mammadov, the Ambassador of Azerbaijan to Iraq, made the announcement following a meeting with the Chairman of the Federation of Iraqi Chambers of Commerce, Mr. Abdul Razzaq al-Zuhairi. The meeting also […]

Engagement and Momentum, IBBC's 15th Anniversary Conference Report

From the Iraq Britain Business Council (IBBC): The IBBC 15th Anniversary Mansion House conference presented a range of engaging ministerial and business attendees. As Iraq's economy is expanding and diversifying, the delegates reflected this in the range of topics and debates. Baroness Nicholson and Christophe Michels welcomed everyone at this milestone time and thanked all […]