Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
From the World Bank: Iraq: Rising Fiscal Risks, Water Scarcity, and Climate Change Threaten Gradual Recovery from Pandemic Iraq's economic outlook has improved on the back of the recovery of global oil markets, with its GDP projected to grow from 2.6% in 2021 to over 6% in 2022-23. Nevertheless, without accelerated economic reform, unforeseen domestic […]
From Five One Labs. Re-published with permission by Iraq Business News. A Panel Discussion with Ammar Ameen and Marwan Jabbar from Miswag On October 27th, 2021, Five One Invest hosted a Speaker Series session with Ammar Ameen (Founder and CEO) and Marwan Jabbar (VP of Commercial Development and People) from Miswag. Read on to learn […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Constructing Tulaiha Future Rest Station in Anbar Province (Source: National Investment Commission)
By Kumar Pratik, for CS Global Partners. Last year, the world came to a standstill following the outbreak of the COVID-19 virus, disrupting life as we knew it. One of the greatest challenges to the impending global health crisis was the introduction of stringent travel restrictions which saw many, near and far, trapped in a […]
By John Lee. Iraq has successfully completed the sale of a 1-trillion-dinar (£685-million) construction bond issuance, also know as a "binaa bond". The Ministry of Finance issued the bonds for sale on the local financial market at the start of October, in two categories: IQD500,000 bonds with annual interest of 6 percent for two years; […]
ZoodPay, the "Buy Now Pay Later" (BNPL) app, has announced that it has successfully completed a $38-million Series B fundraising. London based VC Sturgeon Capital, Zain Group's venture capital arm 'Zain Ventures', and other existing investors joined the funding round. Headquartered in Switzerland, the ZoodPay & ZoodMall app has already more than 8 million users […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 11th November 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD974 (+1.0%) / $854 (+1.0%) (weekly change) (+34.2% and +28.8% YTD change, respectively). The number of week traded […]
As a measure of confidence in the global and Iraqi economy, the Iraq Britain Business Council (IBBC) is seeing a marked upswing in quality and quantity of speakers at the Autumn Conference at the Address hotel, Dubai 22nd November. The topic, in line with COP26 and the new energy horizon, is one of sustainability. Not […]
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. The market, as measured by the Rabee Securities RSISX USD Index, was up 2.4%, and 25.7% for the year. While 10 months do not make a year, […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th Nov 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD964 (+2.1%) / $845 (+2.1%) (weekly change) (+32.9% and +27.5% YTD change, respectively). The number of week traded […]
By Padraig O'Hannelly. Germany's new ambassador to Iraq has invited German companies to join an economic conference in Basra, which he is planning to arrange in Spring 2022, in cooperation with the Governor of Basra. H.E. Martin Jaeger said his first trip within Iraq following his appointment was to Basra, where he got the strong […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 29th October 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD944 (+2.0%) / $828 (+2.0%) (weekly change) (+30.2% and +24.9% YTD change, respectively). The number of week traded […]
