Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
By John Lee. Miswag, the Iraq-based B2C online marketplace, is reported to have successfully raised $1.6 million in a "Pre-Series A" funding round. According to The Start-up Scene, this brings its total investment raised to nearly $3 million since 2019. It adds that Miswag will use the funding to expand its commercial and technological teams […]
By John Lee. UK-based international law firm Clifford Chance has announced that it has advised International Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) on the US$125 million financing of the development, construction, equipping and operation of both new and existing facilities at the Umm Qasr Port in Iraq. In a press release, the […]
By John Lee. Two construction projects in Baghdad, with a combined value of more than $40 million, have been granted to Jordanian companies. The news was revealed during a visit to Iraq by the Jordanian Minister of Public Works and Housing, Yahya Al-Kasabi, during which he met with the Mayor of Baghdad. The Mayor also […]
By John Lee. KESK, which describes itself as a "green solutions company", has announced that it has secured six-figure seed funding from Euphrates Venture Capital Fund. Founder and CEO, Basima Abdulrahman (pictured), said: "My vision is to make smart green solutions trustable, accessible, and affordable. We simply want to make the green way, the easy […]
You are invited to attend the Iraq Business Forum on 27th September in Central Hall Westminster. Hear from IBBC members and British companies. Meet Iraqi businesses leaders interested to source products from the UK across multiple sectors. Enjoy one to one business meetings.
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunities: Future Investment Opportunities in Rafeel City Project Construction of housing compound in Missan (Maysan) (Source: National Investment Commission)
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. August started as a typical quiet and slow summer month in which the combination of the scorching summer heat, the holiday season, and the start of the […]
By John Lee. The Kurdistan Regional Government (KRG) has issued a new 77-page guide for investors in the region. It lists opportunities in many sectors of the economy, along with useful data and background information. Click here to download the full report. (Source: KRG)
DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new five-year senior unsecured bonds with a coupon rate of 7.875 percent. The placement met strong investor demand across international markets and was significantly oversubscribed, leading the Company to upsize the new bond issue from USD 300 […]
Final statement of the Baghdad Conference for Cooperation and Partnership On August 28, Baghdad hosted the Baghdad Conference for Cooperation and Partnership, at the level of leaders and presidents to support Iraq and discuss challenges, common issues and future prospects. The participants expressed their thanks and appreciation for the efforts of the Republic of Iraq […]
By Ali Mamouri for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Baghdad conference to establish cooperation, partnership in region Baghdad Conference stressed the necessity of supporting Iraq, providing a great boost to the Iraqi government. Click here to read the […]
By John Lee. The Chairwoman of the National Investment Commission (NIC), Suha Daoud Najjar, has confirmed that the NIC is studying compensating investors who are still continuing their investment projects despite suspension for four years due to ISIS terrorist gangs. She indicated that the study includes submitting a proposal to the Council of Ministers and […]
