Iraq Business News brings you the latest news of investments in Iraq, highlighting the many opportunities that exist.
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 […]
The International Finance Corporation (IFC), a member of the World Bank Group, is investing in Basrah Gas Company (BGC) to support one of the largest gas flaring reduction projects in the world, helping to improve energy access, prevent associated greenhouse gas (GHG) emissions and support a more resilient, sustainable energy sector in Iraq. BGC is […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq hosts historic summit with Jordanian, Egyptian Leaders The visit by Egyptian President Abdel Fattah Al-Sisi to Baghdad is the first by an Egyptian head of state since 1990. Click here […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 24th June 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD941 (+0.9%) / $825 (+2.9%) (weekly change) (+29.7% and +24.4% YTD change, respectively). The number of week traded […]
By John Lee. Mark Bryson-Richardson MBE has been appointed as the new British Ambassador to Iraq, taking over from Stephen Hickey. He will take up his appointment in July. Mr Bryson-Richardson has previously served as Deputy Head of Mission in Baghdad in 2013-14. More here. (Source: UK FCDO)
Advertising Feature The Greece Golden Visa is a residency by investment program. It allows investors the opportunity to invest in Greece's real estate sector, in exchange for a permanent residence there. Data from Enterprise Greece (an official agency of the Greek State) indicate that a total of 8.011 investors have gained Greece Golden Visa. The […]
By John Lee. Iraq's Parliamentary Finance Committee has reportedly warned the Central Bank of Iraq (CBI) of a possible collapse in the value of the Iraqi dinar (IQD) against the US dollar. Committee member Muhammad Al-Shabki told Shafaq News Agency that there are fears of the collapse of the Iraqi currency "in the coming period" […]
