Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
From the Iraq Britain Business Council (IBBC): Professor Frank Gunter launches a new white paper on de dollarisation of Iraqi economy Professor Frank Gunter publishes a new paper commissioned as part of a series by IBBC's advisory council on the challenges of de-dollarisation for Iraq. The Advisory Council members and IBBC members have actively contributed […]
By John Lee. The Iraq Development Fund Board, chaired by Prime Minister Mohammed Shia' al-Sudani, held its third meeting on Monday in the presence of the Minister of Finance, the Minister of Planning, and the Minister of Construction, Housing, Municipalities, and Public Works. The meeting discussed the projects included in the Fund's work plan, attracting […]
By John Lee. The Iraqi Cabinet has approved the conversion of the Al-Kadhimiya military base, commonly known as the Fifth Division, into a new urban civic center. According to a statement from the Prime Minister's Office, the new development will include recreational, educational, cultural, and hospitality facilities, including hotels, hospitals, health centers, sports stadiums, civil […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 16th May 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 1,810.8 1.6% 16.5% RSISX USD Index […]
By John Lee. SACE the state-owned Italian insurance and financial group, which specialise in supporting Italian companies and the national economy, has entered an agreement with the Trade Bank of Iraq (TBI) to support the development of the private sector in Iraq by promoting Made in Italy exports to the country, with a total value […]
By John Lee. Prime Minister Mohammed Shia al-Sudani announced the launch of new service projects in Babil province worth 1.276 trillion dinars [$975 million] during his visit on Thursday. The projects include: Comprehensive sewer, sanitation, and stormwater projects in the districts of Qassim, Hashimiyah, and Medhatiah, with a total budget of 364.5 billion dinars. A […]
By Zaher Mousa, for The Cradle. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Erdogan's 'historic' visit to Iraq prioritizes economy over politics No politics: The Turkish President's trip to Iraq instead marks a strategic shift toward strengthening economic ties and pragmatic cooperation […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Plans for Mosul expansion spark talk of 'demographic change' In March this year, Nineveh Governor Abdul Kader Al-Dakhil signed a contract with Italian engineering company SGI [Studio Galli Ingegneria] to initiate a long-stalled project […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 9th May 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 1,782.9 -1.6% 14.7% RSISX USD Index […]
By John Lee. The Governor of Diwaniya has announced a major agricultural investment project in the desert of Al-Shanafiyah district, expected to create over 10,000 jobs. Abbas Sha'il Al-Zamili said that the investment company is starting soil tests on the 26,000 dunums [2,600 hectare; 6,400 acre] site, with a view to cultivating date palm trees […]
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. Middle East Conflict Widens, Iraq's Equity Market Rallies The equity market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 3rd May 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 1,811.6 -2.4% 16.6% RSISX USD Index […]
