Archive | Investment

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

KRG PM meets Kurdistan Region Investors

On the 17th of October 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) convened a meeting with a group of investors from the Kurdistan Region. Prime Minister Barzani underscored the KRG's steadfast commitment to advancing the investment sector. He highlighted the cabinet's ongoing efforts to facilitate projects for both local and foreign […]

Iraq Restricts Imports of Juices, Beverages, and Cakes

By John Lee. In an effort to support local production, the Iraqi Cabinet has approved a recommendation from the Ministerial Economic Council (Resolution No. 230226/Q) aimed at restricting the import of juices, beverages, and cakes. The decision entails: The removal of juices, beverages, pastries, and cakes of all kinds from the import lists. A review […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 12th October 2023). 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 1,385.8 -2.7% 52.2% RSISX USD Index 1,362.6 […]

Baghdad Residential Complex to feature Iraq's Tallest Skyscraper

By John Lee. The President of Iraq's National Investment Commission (NIC) has launched the Downtown Baghdad project, which will feature Iraq's tallest skyscraper, with 65 floors. Dr. Haider Muhammad Makiya said the project would serve as a modern and contemporary residential complex designed for sustainability. He emphasized that there would be no additional expenses for […]

The Underbelly of Iraq's 'Economic Boom'

By Hayder Al-Shakeri for the Institute of Regional and International Studies (IRIS) at the American University of Iraq, Sulaimani (AUIS). The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Underbelly of Iraq's 'Economic Boom' Most ordinary enterprises are forced to navigate an economic system […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 5th October 2023). 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 1,424.9 0.8% 56.5% RSISX USD Index 1,401.1 […]

Lively debate at IBBC's well attended Cumberland Lodge retreat

From the Iraq Britain Business Council (IBBC): Lively debate at IBBC's well attended Cumberland Lodge retreat IBBC held its 11th Cumberland lodge retreat sessions on 25th -27th September, with 70 members and guests from Iraq and the UK. The sessions offered members access to experts, observers and officials from Iraq, the UK, and the Middle East, in open […]

KRG Launches Loan Scheme for Small Businesses

By John Lee. The Kurdistan Regional Government (KRG)'s Prime Minister, Masrour Barzani, has launched a new initiative that will provide commercial loans through private banks to small and medium-sized businesses (SMEs) looking to expand. Full statement from KRG: On Monday, September 25, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) unveiled Project […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 28th September 2023). 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 1,413.7 0.01% 55.3% RSISX USD Index 1,390.0 […]

Sudani Discusses Investment Opportunities with US Chamber of Commerce

By John Lee. Iraqi Prime Minister, Mr. Mohammed Shia Al-Sudani, held a meeting with members of the American Chamber of Commerce in New York on Thursday evening (local time). The meeting was attended by businessmen, investors, and representatives of major American companies. During the meeting, he praised the efforts of Mr. Steve Lutes, the Deputy […]