Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. World Bank Group President David Malpass met with Iraqi Prime Minister Mustafa Al-Kadhimi during his visit to the United States this week. During the meeting, they discussed the cooperation in financing infrastructure projects in the fields of water, airports, natural gas and energy projects, especially solar. President Malpass affirmed to Prime Minister […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq takes cautious steps toward privatizing electricity sector With the increasing power cuts in Iraq, calls are mounting to expand privatization as a permanent solution. Click here to […]
By John Lee. On Monday, Prime Minister Mustafa Al-Kadhimi received the Saudi Minister of Commerce, Majid bin Abdullah Al Qasabi, and his accompanying delegation. During the meeting, they discussed the development of bilateral relations between Baghdad and Riyadh, and ways to enhance cooperation in the fields of economy and investment, and to work to enhance […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 15th July 2021). ISX will be closed starting from Jul. 18 to Jul. 22 due to the religious holiday of Eid Al-Adha. The next trading session will be held on Jul. 25. Please click here to view a table of listed companies and […]
From Oxfam's Iraq Response Innovation Lab: Iraq Response Innovation Lab recently supported 5 innovative projects in the agricultural sector to launch. These 5 projects were all incubated for 10 months and received trainings on Business Models, Business Plans, Budgeting alongside technical training. The incubation started with 60 applications received online. The first phase of the […]
By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. June saw the publication of Undervalued-Shares.com's third instalment piece on investments in frontier markets focusing on the compelling investment potential of Iraq's equity market - […]
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq invests in clean energy Iraq is investing in clean energy to produce electricity, especially solar energy, which is almost available throughout the year in various regions of the […]
By John Lee. Moody's Investors Service has affirmed the Iraqi Government's long-term issuer and foreign currency senior unsecured ratings at Caa1, and maintained the stable outlook. It notes Iraq's exceptionally high reliance on oil, and "very weak institutions and governance", while adding that ongoing discussions with the IMF indicate a possibility of a supported adjustment […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 8th July 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD925 (-1.5%) / $812 (-1.5%) (weekly change) (+27.6% and +22.4% YTD change, respectively). The number of week traded […]
Writing in Oil Price, Simon Watkins says Iraq is playing the United States and China off against each other in the awarding of contracts for infrastructural development and oil sales. Click here to read the full story.
By John Lee. At a meeting in Brussels on Wednesday, Iraqi Prime Minister Mustafa Al-Kadhimi asked the President of the European Commission, Ursula von der Leyen, to remove Iraq from its list of countries considered to have a high risk of money laundering. Earlier this year, the United Kingdom removed Iraq from its list of […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st July 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD940 (-0.1%) / $824 (-0.1%) (weekly change) (+29.5% and +24.3% YTD change, respectively). The number of week traded […]
