Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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 […]
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 […]
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. "Sandstorms, and a stroll down Al-Mutanabbi Street" The market, as measured by the Rabee Securities RSISX USD Index, was down 6.0% for the month, and up 1.7% […]
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 […]
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 […]
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 […]
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 […]
From the Iraq Britain Business Council (IBBC): In its series of papers in support of the Government of Iraq's reform efforts, IBBC is delighted to publish a paper on the privatisation of State-Owned Enterprises. The lead author of the paper is Professor Frank R. Gunter from Lehigh University, who was joined by other Members of […]
Hear Iraq's principal ministers and financiers share their vision and policies for Energy, Finance and Educational sectors at IBBC's Mansion House conference on 24th May. Iraq is on the cusp of forming a new Government and is benefitting from high oil revenues and stability. The IBBC Spring conference is ideally timed for a potential new […]
By John Lee. Law firm Al Tamimi & Company has announced that Tom Calvert has joined the firm as Partner. In a statement, the company said that Calvert will head its corporate commercial practice in Iraq, in addition to leading the firm's China Group which will actively advise Chinese companies operating in the region on […]
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 Review: "Ramadan & Profit Taking" The market, as measured by the Rabee Securities RSISX USD Index, declined by 7.0% for the month, and up of 8.2% […]
Orange Corners Innovation Fund signs an MoU with the National Bank of Iraq (NBI) to launch the Orange Corners Innovation Fund (OCIF) program in Baghdad KAPITA, a leading private sector development company, has signed a Memorandum of Understanding with the National Bank of Iraq (NBI) to launch the Orange Corner Innovation Fund (OCIF) in Baghdad. […]
