Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Inward investment in the Kurdistan Region's agriculture rose from 1.5% to over 10% under the Kurdistan Regional Government's (KRG) Ninth Cabinet, which has been working to diversify the Kurdistan Region's economy sector by mainly focusing on developing the sector. The KRG has been working on building strong industrial and agricultural infrastructure in the Region to […]
By John Lee. Iraqi Prime Minister has reportedly told a press conference that his government intends to increase the value of the Iraqi dinar (IQD) against the US dollar. Kurdistan24 quotes Mohammed Shia al-Sudani as saying that the interests of the needy were not taken into consideration when the currency was devalued by approximately 20 […]
By Basima Abdulrahman, Rania Baker and Ahmed Tabaqchali, 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. Iraq Economic Review: KRG's Financial Conundrum | Iraq's Real Estate Boom […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd October 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD901 (-2.1%) / $795 (-2.1%) (weekly change) (-1.9% and -1.2% YTD change, respectively). The weekly trading volume was […]
By John Lee. Saudi Arabia's Public Investment Fund (PIF) has set up a company to invest in Iraq. The new company is one of six that will invest a total of up to SAR 90 billion (USD 24 billion) in Bahrain, Iraq, Jordan, Oman, Sudan and Egypt. They will invest in various key sectors, including […]
From the Iraq Britain Business Council (IBBC): IBBC focused on 'Iraq - Identifying Business Opportunities' in Dubai conference 10 & 11 November 2022 After a year it now appears, the Iraqi government is forming led by PM designate Mr Mohammed Al Sudani under President Abdul Latif Rashid. There are significant implications for this development […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 20th October 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD945 (+1.4%) / $831 (+2.1%) (weekly change) (+2.9% and +3.2% YTD change, respectively). The weekly trading volume was […]
By John Lee. The Kurdistan Regional Government's Council of Ministers has discussed the Kurdistan Region Mineral Investment Bill at its weekly meeting. Prime Minister Barzani stressed the importance of the Bill, describing it as a crucial step towards economic diversification and restructuring of investment in the Kurdistan Region's natural resources in a way that meets […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 13th October 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD932 (-1.5%) / $814 (-1.9%) (weekly change) (+1.5% and +1.2% YTD change, respectively). The weekly trading volume was […]
By John Lee. The World Bank's International Center for Settlement of Investment Disputes (ICSID) has reportedly dismissed a German investor's claim arising out of the Iraqi Government's alleged takeover of a cement factory in Kirkuk. In the case (ICSID Case No. ARB/20/21), AHG Industry GmbH & Co. KG was said to be claiming $878 million […]
Iraqi private sector development company Kapita is running a Zoom webinar on "Startups Investment Awareness". The webinar will focus on investing for startup companies and the Iraqi Angel Investors Network (IAIN). Please click here to register. (Source: Kapita)
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th October 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD946 (-1.8%) / $830 (-1.8%) (weekly change) (+3.1% and +3.1% YTD change, respectively). The weekly trading volume was […]
