Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD908 (+1.2%) / $796 (+1.4%) (weekly change) (+25.2% and +20.1% YTD change, respectively). The number of week traded […]
By John Lee. The Ministry of Finance has directed the Public Debt Department, in cooperation with the Central Bank of Iraq (CBI) to launch a second issue of construction bonds, which will be tradable on the stock market. The bonds, also know as a "binaa bonds", will be available for trading for a period 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. Following a strong performance over the last ten months, the market, as measured by the Rabee Securities RSISX USD Index, was down 12.2% for the month as […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 16th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD897 (-0.7%) / $785 (-0.7%) (weekly change) (+23.7% and +18.5% YTD change, respectively). The number of week traded […]
Sustainable Living in Iraq: A Milestone 1,000 SMEs Financed Through IOM's Enterprise Development Fund At the conclusion of Iraq's devastating conflict with the Islamic State in Iraq and the Levant (ISIL), small and medium enterprises (SMEs) found themselves without access to the finance necessary to rebuild in the wake of the war's large-scale destruction. In […]
By John Lee. The Iraqi Cabinet (pictured) has authorised the Minister of Finance to borrow $76 million from the state-owned Trade Bank of Iraq (TBI) to finance the Great Samawa Water Project. (Source: General Secretariat for the Council of Ministers)
UNDP Iraq and the Japan International Cooperation Agency (JICA) have signed a renewed partnership agreement to monitor and support acceleration of the implementation of socio-economic infrastructure projects in Iraq. The projects are implemented by the Government of Iraq (GoI) with loan assistance from JICA with the aim of improving the economic recovery and living conditions […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 9th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD904 (+3.3%) / $791 (+3.3%) (weekly change) (+24.6% and +19.3% YTD change, respectively). The number of week traded […]
The Trade Bank of Iraq (TBI) has re-joined the Iraq Britain Business Council (IBBC). TBI were original founding members of IBBC and we are delighted to say they are now back in full participation mode, with President Dr Salem Chalabi taking a lead role at the recent IBBC Autumn conference Dubai. At the conference Dr […]
The Political Economy of Iraq: Restoring Balance in a Post-Conflict Society (Second Edition) by Frank R. Gunter, Published by Edward Elgar, October 2021 "Frank Gunter has written the definitive account in English of the contemporary Iraqi economy...Following a brief history and overview, chapters cover social indicators, corruption, macroeconomic policy, state-owned enterprises, entrepreneurship, oil, agriculture, […]
The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, on Saturday met Baroness Emma Nicholson, President of the Iraq Britain Business Council (IBBC). Prime Minister Barzani highlighted the reforms of the ninth cabinet, its bid to diversify the economy and crucially to make the Kurdistan Region a focal point for business. Baroness Nicholson […]
Germany, IOM Reaffirm Partnership to Support Economic Recovery in Iraq Small and medium enterprises (SMEs), which employ roughly half of Iraq's workers, were severely impacted by the conflict with the Islamic State in Iraq and the Levant (ISIL). When the COVID-19 pandemic struck, the resulting economic slowdown undermined the gradual progress SMEs had made toward […]
