Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with Sheikh Hazar Al-Zibari, Chairman of Hazar Group, which is the Iraqi partner of the Turkish YDA Holdings . During their meeting, Sheikh Al-Zibari discussed various projects that the group intends to implement in Iraq, including residential city […]
By John Lee. The Chairman of Iraq's National Investment Commission (NIC), Dr. Haider Muhammad Makiya, has met with the Chairman of Egypt's Orascom Investment Holding company, Naguib Sawiris. According to a statement from the NIC, they discussed a number of opportunities and sectors the company is willing to invest in, such as taking part in […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 2nd February 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 946.9 -4.6% 4.0% RSISX USD Index 705.5 […]
By John Lee. China's Gezhouba Group has offered to invest $10 billion in Iraq's Kurdistan region. According to a report from Kurdistan24, a translation of which was published on the company's website, the investment is intended for roads, railways, the power sector and dams. Mohammed Shukri, chairman of the Kurdistan Investment Board, is quoted as […]
From the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Chinese ambassador writes for Al Bayan: Belt and Road Initiative and China-Iraq relations Cui Wei-ambassador of the Republic of China to Baghdad: In this past period since my […]
By John Lee. On the sidelines of his official visit to France, Prime Minister Mohamed Shia Al-Sudani met a group of French business leaders on Friday. Al-Sudani said the Strategic Partnership Agreement signed with France represents, "a framework for cooperation in all fields," adding that French companies investing in Iraq will be making the right […]
The Iraq Britain Business Council (IBBC) President Baroness Nicholson of Winterbourne supported by Managing Director Christophe Michels, and Board Member Haider Al Shamaa led a delegation of 20 IBBC members to Baghdad to meet the new Government of Federal Republic of Iraq Welcomed by President of Iraq H.E. Abdullatif Rasheed, and Prime Minister H.E. Mohammed […]
By John Lee. Dr. Haider Muhammad Makiya has taken up he new role as Chairman of Iraq's National Investment Commission (NIC). He immediately held a meeting with the Director Generals and senior officials, confirming the development of plans and strategies according to the governmental curriculum of the Prime Minister, Mr. Muhammad Shia al-Sudani, with the […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th January 2023). Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Return RSISX Index Closings Change (d/d) (%) Change (ytd) (%) Change (12M) (%) RSISX IQD Index 985.9 0.0% 8.3% […]
From The Jerusalem Post. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Prosperity comes to Sunni provinces in Iraq Three major Sunni Muslim provinces in Iraq are witnessing great prosperity after their liberation from ISIS in 2017, with building projects underway. Click here to […]
From Five One Invest. Re-published with permission by Iraq Business News. ECOSYSTEM OVERVIEW The Iraqi startup ecosystem started with a bang this year. In Q1 of 2022, we witnessed an unprecedented $10.5M investment round (Baly) and $5M (TipTop). The excitement revolved not only around investment value but also around the investor profile. Specifically, Baly's round […]
Alsaree3 Group, consisting of Alsaree3 (food-delivery) and Al Zajel Express (last-mile delivery services), closed a 7-figure bridge round in December 2022, bringing its total amount of funding raised to over $6.5 million USD. Founder and CEO of Alsaree3 Group, Bassam Al-Ateia, commented: "This funding will enable us to increase our market share and grow our […]
