Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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 […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th Febuary 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD953 (-1.0%) / $836 (-1.0%) (weekly change) (+3.8 % and +3.8% YTD change, respectively). The number of week […]
By Ksenia Svetlova, for The Jerusalem Post. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Iraq became the top link in China's belt and road strategy Almost 20 years after the war in Iraq began, billions of Chinese yuan are being invested […]
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: "Banks & the Iraq Investment Thesis" The market, as measured by the Rabee Securities RSISX USD Index, started the year on a positive note with […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd February 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD962 (+1,9%) / $844 (+1.9%) (weekly change) (+4.8% and +4.8% YTD change, respectively). The number of week traded […]
By John Lee. Iraq was the largest beneficiary from China's Belt and Road Initiative (BRI) in 2021, according to a study by the Green Finance & Development Center, at Shanghai's Fudan University. It says the country with the highest construction volume was Iraq, with about $10.5 billion, followed by Serbia (about $6.8 billion) and Indonesia […]
By John Lee. The Cabinet held its regular meeting on Tuesday, under the chairmanship by Prime Minister Mustafa Al-Kadhimi. In the presence of the Governor of Najaf, Mr. Majid Al-Waeli, the Cabinet agreed a number of measures to improve public services in Najaf: Construction of a second bridge in the Abbasid district Completion of Ya […]
By John Lee. A ride-hailing app that was launched in Baghdad last month has reportedly closed the largest seed round in the tech history of Iraq. According to Wamda, Baly is backed by Germany's Rocket internet, and raised $10.5 million from Kingsway Capital, MSA Capital, Global Founders Capital, Vostok Ventures, Majid Al Futtaim and March […]
