Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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. China Deepens Influence In Iraq With Oil-For-Infrastructure Deals A series of meetings occurred last week between senior members of the Iraqi and Chinese governments aimed at broadening and deepening the […]
You are invited to join the IBBC Tech Forum Live. Free to attend! 16th June, starting from 2:30pm BST 'The Digital Transformation of Iraq'
By Sinan Mahmoud for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Who is Iraq's first female ambassador to Saudi Arabia? Safia Al Suhail, an experienced Iraqi politician and former ambassador in Rome and Amman, made history on Monday as she […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th June 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 1,011.1 3.0% 11.1% RSISX USD Index 994.2 […]
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. Market Takes a Breather, While the Currency Stabilises The market took a breather after a great three-month run from the January lows, during which it, as measured […]
From the Iraq Britain Business Council (IBBC): Iraq open to the world... and who's making it happen. An IBBC conference on June 16th at London's Mansion House. On 16th June IBBC are hosting a significant delegation of Iraq businesses and government officials to the UK, with a strong focus on energy, oil and gas, new […]
By John Lee. Saudi Arabia's sovereign wealth fund has reportedly capitalised its new Iraq fund with $3 billion. The Saudi-Iraqi Investment Company, which will have its headquarters in Saudi Arabia, is part of a $24-billion initiative announced last year. According to Alarabiya, the acting CEO will be Muteb Alshathri. More here. (Source: Alarabiya)
By John Lee. At a meeting on Thursday between Iraqi President Abdullatif Jamal Rashid and Minister of Foreign Affairs Jan Lipavsky of the Czech Republic, President Rashid expressed hope that Czech companies would contribute to important investment projects and collaborate with Iraqi companies. Minister Lipavsky emphasized the eagerness of Czech businesses to invest in Iraq. […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 25th May 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 1,012.2 -0.6% 11.2% RSISX USD Index 995.2 […]
From the Iraq Britain Business Council (IBBC): Iraq, Open to the world..an IBBC conference at the Mansion house, celebrating Iraq's return to international engagement. On 16th June IBBC are hosting possibly the largest delegation of Iraq businesses and government officials to the UK in recent times. This event is itself an indication of the more […]
From the Iraq Britain Business Council (IBBC): The IBBC management team attended an extensive round of meetings with officials in Iraq from May 14th - 20th. Led by IBBC President Baroness Nicholson and MD Christophe Michels, the visit first included the opening of and attendance at the first UK-Iraq Trade Fair at Al Burhan's new […]
By John Lee. Fitch Ratings has assigned Erbil's Region Trade Bank for Investment and Finance Private Shareholding (RTB) a Long-Term Issuer Default Rating (IDR) of 'CCC+', and Viability Rating (VR) at 'ccc+'. It says the rating reflects the bank's, "limited franchise, unstable business model, volatile and concentrated customer deposit base and weak albeit improving profitability." […]
