Archive | Investment

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

Iraq to Close for Eid Al-Adha Holiday

By John Lee. Prime Minister Mustafa al-Kadhimi has announced that the Eid al-Adha holiday will begin on Saturday 9th July, and end on Thursday 14th July. Government institutions will resume work on Sunday 17th July. The Iraqi Stock Exchange will also close during this period. (Sources: General Secretariat for the Council of Ministers, ISX, Rabee)

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd June 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD970 (-1.1%) / $847 (-1.3%) (weekly change) (+5.7% and +5.2% YTD change, respectively). The number of week traded […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th June 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD981 (-0.3%) / $858 (-0.3%) (weekly change) (+6.9% and +6.5% YTD change, respectively). The number of week traded […]

Iraq invites Investors for new Wasit Industrial City

By John Lee. Iraq's Ministry of Industry has reportedly invited investors for its new Wasit Industrial City. The Director of Planning at the Industrial Cities Authority of the Ministry, Amal Hassan Al-Bazzouni, told Al-Sabaah news agency that the authority was keen to make the industrial city environmentally friendly. The development will cover an area of […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th June 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD985 (+6.4%) / $861 (+6.4%) (weekly change) (+7.3% and +6.9% YTD change, respectively). The number of week traded […]

New Report on Iraqi Transportation Sector

Transportation Sector in Iraq: Aviation & Maritime Scene Overview The transportation sector plays a major role in the development of the country. As a key factor in promoting the advancement of dependent operations, a strong transportation infrastructure will ensure the proper functioning of closely related sectors and present a reliable playground for emerging businesses and […]

UN in Iraq releases its Annual Report

The United Nations Country Team (UNCT) in Iraq released its annual report for the year 2021, contributing to Iraq achieving its own development goals, to build back better and to leave no one behind. The report highlights UN serving more than 4.2 million beneficiaries, including displacement affected populations, increasing access to services in priority sectors […]

IBBC hosts largest ever Spring Conference

The Iraq Britain Business Council (IBBC) hosted the largest attendance for their Spring conference at the Mansion house on 24th May, with just under 300 attendees, half of whom came from Iraq. Widely considered a success, the overall theme was 'sustaining economic growth in Iraq', There were multiple panels and roundtable sessions; including four panels […]

KRG Streamlines Company Registration Process

By John Lee. The Kurdistan Regional Government (KRG) has streamlined the registration of companies in Iraqi Kurdistan. Balend Mohammed, Director General of the Registry of Companies, said that while it previously took many months to register business names, it must now be completed within 24 hours, or else "the relevant parties will be prosecuted." He […]