Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. An Iraqi 100-dinar note has reportedly sold at auction in London for £29,760 ($39,161). The rare 1942 note features a portrait of King Faisal II as a child, and beat the estimate of £10,000 to £15,000. According to Coinworld, it was bought by "an advanced collector of Iraqi paper money and coins." […]
Consultation workshop on the Commercial Arbitration Bill and the New York Convention to implement its mechanisms paving economic growth in Iraq As Iraq acceded recently to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards, which entered into force on 9 February 2022, UNDP in partnership with the European Union (EU) […]
An opportunity has arisen to buy a security company in Iraq. Sama Al-Fiafi for Security Services CC.LL, a subsidiary of Fiafi Group, was incorporated in 2006, and is registered with Iraq's Ministry of Trade (Registration Number: 20-5302). The company is not currently trading, but was granted a Security Operations Licence (#52) by the Ministry of […]
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: "Oil and the Economy" The market, as measured by the Rabee Securities RSISX USD Index, increased by 4.5%, and 8.8% for the year. Average daily […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd March 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD1020 (+3.8%) / $901 (+3.8%) (weekly change) (+11.1% and +11.9% YTD change, respectively). The number of week traded […]
The Takween Accelerator is looking for potential investors to attend our Investor Bootcamp Program. This program is designed to provide an investor training bootcamp to high potential individuals to increase their interest and skills in investing in tech startups within KRI and Iraq. The goal of this program is to increase the number of startup […]
By Layal Shakir, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraqi central bank suggests halting business, financial dealings with Russia The Central Bank of Iraq (CBI) on Wednesday suggested halting business operations and financial dealings with Russia following America's far-reaching sanctions […]
IoT-Kids, an Iraqi-based online programming learning platform for children, has successfully secured five-figure investment from the leading ISP provider in Iraq - Earthlink Telecommunications, through the Iraqi Angel Investors Network (IAIN) member, Dr. Ala'a Jasim [Alaa J Mousa]. This investment included a matching grant of 20,000 dollars from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th February 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD650 (+1.0%) / $697 (+1.0%) (weekly change) (+4.8% and +4.8% YTD change, respectively). The number of week traded […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq's exit from EU money laundering blacklist bring investment? The European Union (EU) has removed Iraq from its list of high-risk countries for money laundering and terrorism financing. The delisting will make […]
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has received approval from Iraq's Council of Ministers to hire an international law and an international auditing firm to investigate previous contracts at the Bismaya Residential City. According to a statement from the NIC, the firms will "propose a financial model, […]
Rabee Securities is hosting a 3-day event at the Iraq Pavilion at EXPO 2020 to showcase Iraq's top technology start-ups. From 7-9 March, presentations will be given by Iraq's most promising entrepreneurs and interested parties will have the opportunity to meet them one-on-one. The lineup of start-ups scheduled to attend include Miswag, Iraq's largest e-commerce […]
