Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 24th April 2025. Please click here to view a table of listed companies and their associated ticker codes. RSISX Index Change RSISX Index Closings Change (w/w) (%) Change (YTD) (%) RSISX IQD Index 2,297.0 -2.3% 2.1% RSISX USD Index […]
Iraq Stock Exchange to join Tabadul Digital Trading Platform
By John Lee. The Abu Dhabi Securities Exchange (ADX), the UAE's largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul. The signing ceremony was held at ADX headquarters on Tuesday. The agreement follows […]
Iraq and Germany Discuss Proposed Development
By John Lee. Iraq's Ministry of Planning held discussions with representatives of the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit; GIZ) in Iraq to explore cooperation and developmental transformation. Key areas of focus included a joint international cooperation agreement, the establishment of offices for the German Development Bank (Kreditanstalt für Wiederaufbau; KfW) […]
KRG PM meets New British Ambassador to Iraq
By John Lee. KRG Prime Minister Masrour Barzani has welcomed Irfan Siddiq, the newly appointed British Ambassador to Iraq. PM Barzani congratulated Ambassador Siddiq on his new post and reaffirmed the Kurdistan Regional Government's commitment to strengthening ties with the United Kingdom. The Ambassador praised the Kurdistan Region's progress and confirmed Britain's readiness to expand […]
US Bill to Sanction Iraq for Importing Iranian Gas
By John Lee. A group of Republicans in the US Congress have introduced a bill to provide for the imposition of sanctions with respect to the importation of natural gas from Iran by the Government of Iraq. Bill H.R. 2574 -- the "No Iranian Energy Act" -- has been referred to a number of committees, […]
Iraq discusses buying Korean Defence Helicopters
By John Lee. Iraqi Defense Minister Thabet Mohammed has discussed expanding cooperation with South Korea on air and mobile defense systems, including the Korean Utility Helicopter (KUH-1), also known as 'Surion'. The meeting took place on the sidelines of the IQDEX 2025 International Defense Exhibition, held in Baghdad from 19th to 22nd of April. Korean […]
PM launches Suq Al-Shoyokh Infrastructure Project
By John Lee. Prime Minister Mohammed S. Al-Sudani has laid the foundation stone for the Suq Al-Shoyokh Infrastructure Project in Dhi Qar Province, reaffirming the government's commitment to service delivery and job creation for local residents. The 505-billion-dinar [$386 million] project will provide fully serviced neighbourhoods, including sewerage, stormwater systems, and water treatment facilities, aiming […]
DNO issues Update on Production
By John Lee. DNO ASA, the Norwegian oil and gas operator, has provided an update on production, sales volumes and other selected information for the quarter. Regarding its operations in Iraqi Kurdistan, the company said: "DNO's share of crude oil from the Tawke license during the quarter has been sold to local buyers as the […]
Al-Bilal Group signs Investment Licences for 525 MW Solar Projects
By John Lee. The head of Iraq's National Investment Commission (NIC), Dr. Haider Mohammed Makia [Makiyya], has announced the signing of two investment licences with Al-Bilal Group for General Contracting Ltd. to develop solar power plants in Karbala and Babil provinces, with a combined capacity of 525 megawatts. The projects will include a 225-MW plant […]
UK Consultancy Wins Pensions Contract in Iraq
By John Lee. UK-based Development Analytics Ltd has won a contract with the International Labour Organization (ILO) to, "[Make] The Case for an Old-Age Social Pension in Federal Iraq." The contract value was not disclosed. According to information provided by the UN, the ILO, together with UNICEF and WFP, are implementing an EU-funded Joint Social […]
Central Bank of Iraq Revokes Another ForEx Licence
By John Lee. The Central Bank of Iraq (CBI) has revoked the licence of Taiba Land Company due to what it describes as violations of Regulation No. (1) of 2022, which governs the operations of exchange and brokerage firms in Iraq. Click here to see the full statement from the CBI. (Source: CBI)
PM supports Cardinal Sako to Succeed Late Pope Francis
By John Lee. Iraq's Prime Minister has committed "unwavering support" for Cardinal Louis Sako (pictured) to succeed the late Pope Francis as head of the Catholic Church. Describing him as the only nominee from the Middle East, Mohammed S. Al-Sudani said the 76-year-old Chaldean Archbishop of Baghdad is widely respected both locally and internationally. Full […]