Archive | Investment

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

Iraqi PM Welcomes Chinese Investment in Industrial Projects

By John Lee. Prime Minister Mohammed Shiaa Al-Sudani met with Zhang Jiming, the CEO of China's Changxin Company [Shanxi Changxin?], and accompanying delegation. The Prime Minister highlighted Iraq's abundant investment opportunities during the meeting, expressing the government's commitment to providing necessary facilitations for major international companies. Shang Xin Corporation, a prominent Chinese company with global […]

UNDP Investment-Friendly Arbitration Initiative in Iraq

From the United Nations Development Programme (UNDP): A more investment-friendly economy in Iraq through UNDP`s arbitration initiative Iraq has been taking solid actions to adopt laws and policies that foster investment-friendly economic development intending to end systematic corruption, diversify its oil-dependent revenue and better serve its people. UNDP in Iraq has been working closely with […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 30th November 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 1,462.9 -1.6% 60.7% RSISX USD Index 1,438.5 […]

New Speakers announced for IBBC Dubai Conference

The Iraq Britain Business Council (IBBC) has announced more leading speakers for its Dubai conference on 7th and 8th December, including H.E. Mr Zyad Ali Fadhil, Minister of Electricity, Dr Samir Al Waely, CBI, Dr Abdulkareem, AL Faisal, Chairman of PM's advisory council, Ms Begard Talabani the Minister for water resources and agriculture, Dr Salar […]

Iraqi Cabinet pushes for State Contracts in Dinars

By John Lee. As part of financial and economic reforms, the Iraqi Cabinet has endorsed recommendations to conduct all state contracts within Iraq in Iraqi dinars. There will be exceptions for ongoing external grants, loans, and agreements, and new contracts involving foreign grants, loans, and agreements may adhere to agreed-upon foreign currency terms, as specified […]

Conference on Iraq's Five-Year Development Plan

By John Lee. The Economic Relations Department of Iraq's Ministry of Trade participated in the first conference to formulate Iraq's five-year national development plan. The event, held in Baghdad and attended by the Prime Minister, focused on collaborative efforts for the nation's developmental future under the theme "Working Together to Shape Iraq's Development." Director General […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th November 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 1,486.7 -1.1% 63.3% RSISX USD Index 1,461.8 […]

Funding Iraqi Entrepreneurs under the PROSPECTS Programme

The ILO, the Central Bank of Iraq and partners celebrate success of the financial Inclusion Initiative for MSMEs under the PROSPECTS Programme [EN/AR] Hundreds of loans have been disbursed to aspiring entrepreneurs and existing MSMEs through the project, contributing to the creation and retention of more than 1,200 job opportunities for Iraqi host communities and […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th November 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 1,502.9 5.8% 65.1% RSISX USD Index 1,477.8 […]

President of Iraq Meets Saudi Businessmen

By John Lee. On Sunday, the President of the Republic of Iraq, Abdullatif Jamal Rashid met with the Saudi Commerce Minister and Head of the Saudi-Iraqi Coordination Council, Majid al-Qasabi alongside a group of Saudi businessmen. At the meeting, President Rashid urged Saudi businessmen to invest in Iraq, assuring government support and facilities for investors. […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th November 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 1,420.6 0.3% 56.1% RSISX USD Index 1,396.8 […]