Archive | Investment

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

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 27th June 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 1,769.1 -1.6% 13.8% RSISX USD Index […]

To Boost Foreign Investments, Iraq signs Singapore Convention

From the UN Development Programme (UNDP). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Marking a milestone in boosting foreign investments: Iraq signs the Singapore Convention In a landmark move to attract foreign investors to Iraq, the country celebrated its signing of the United […]

Iraq's Alsaree3 secures New Seven-Figure Investment

By John Lee. Food and last-mile delivery service Alsaree3 has announced that it has successfully closed its 'Series A' capital raising round, securing an undisclosed seven-figure investment. A press release describes this funding round as particularly noteworthy due to the participation of Snoonu, which it says is Qatar's leading food delivery and e-commerce platform. It […]

Iraq, China "Strengthen Ties with Major Development Initiative"

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and China Strengthen Ties With Major Development Initiative A series of high-level meetings took place last week between senior Iraqi and Chinese officials to finalize the details of the […]

Iraqis Buying Less Turkish Property

By John Lee. The Turkish Statistical Institute (TurkStat) has reported that Iraqis ranked fifth among the countries that purchased Turkish real estate in May. Iraqis bought 98 houses in Turkiye in May, putting them behind Russians (437), Iranians (207), Ukrainians (171) and Germans (104). According to Shafaq News Agency, Iraqis had topped the list from […]

Iraq Stock Market Report

Advertising Feature Note: ISX will be closed starting from Jun. 16, 2024 (Sunday) to Jun. 20, 2024 (Thursday) due to the religious holiday of Eid Al-Adha. The next trading session will be held on Jun. 23, 2024 (Sunday). Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 13th June 2024). Please click here […]

AI NOW: The Background to IBBCs Tech Forum discussion on AI

From the Iraq Britain Business Council (IBBC): The principals of AI are universally applicable to business and individuals alike, and some examples of how AI can impact various sectors is very illuminating. AI is just a technology that is only meaningful if it is helpful to all, for example for farmers fighting pests better- using […]

Iraq, Syria Sign Investment Cooperation Protocol

By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haidar Mohammed Makiyya, signed a cooperation protocol with Ms. Nada Laiqa, Director General of the Syrian Investment Agency (SIA), on attracting foreign direct investment (FDI). Attended by representatives from the Ministries of Oil and Communications, the protocol discussed cooperation details between Baghdad and […]

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New Turkish Consul General in Erbil

On Monday, 10 June 2024, Masrour Barzani, the Prime Minister of the Kurdistan Regional Government (KRG), welcomed Erman Topçu, the newly appointed Consul General of Türkiye in the Kurdistan Region. Prime Minister Barzani congratulated Mr. Topçu on his new role and emphasized the importance of bilateral relations between the Kurdistan Region and Turkey, highlighting their […]

Iraq's Development Road may link with China's Belt and Road

By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani met with Mr. Dai Houliang, Chairman of the Board of Directors of the China National Petroleum Corporation (CNPC), and an accompanying delegation. Al-Sudani affirmed Iraq's keenness to develop relations with China across various sectors, emphasizing that the presence of Chinese companies, including in the oil sector, […]