Companies' Earnings Growth Continues, while Market Takes a Breather
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. Companies' Earnings Growth Continues, while Market Takes a Breather The equity market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was […]
UNDP Awards Building Contract in Tikrit
By John Lee. Bab Al Karama Company has won a contract with the United Nations Development Programme (UNDP) for "Rehabilitation and extension of the high training institute in Tikrit." Contract value is stated as $172,020.50. (Source: UNGM)
National Strategy for Sustainable Land Management in Iraq
FAO and MoE are developing the National Strategy for Sustainable Land Management in Iraq [EN/AR] The Food and Agriculture Organization of the United Nations (FAO) in Iraq, conducted the annual National Project Steering Committee under the project "Sustainable Land Management (SLM) for Improved Livelihoods in Degraded Areas of Iraq," funded by the Global Environment Facility […]
Iraq's Watergate and the Fallout for US Relations
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Watergate and the Fallout for U.S. Relations The politicized corruption of the country's best intelligence agency has exploded into a major eavesdropping scandal directed […]
What's behind Switzerland reopening Embassy in Iraq?
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. After 33 years, what's behind Switzerland reopening embassy in Iraq? Switzerland closed its embassy in Baghdad in 1991 amid the Gulf War and is seeking cooperation with Iraq on […]
PM meets with Daewoo, Technital, re Al-Faw Grand Port
By John Lee. Prime Minister Mohammed S. Al-Sudani chaired a meeting this week to follow up on the progress of Al-Faw Grand Port, attended by representatives from Daewoo, the Korean company, and the Italian consultancy firm, Technital. The Prime Minister's Office said he reviewed the details of the ongoing work on the key projects within […]
Iraq and Batelco Discuss Strategic Telecom Cooperation
By John Lee. Iraq's Minister of Communications, Dr. Hayam Al-Yasiri, met with senior officials from Bahrain's Batelco to explore potential partnerships in telecommunications and undersea cables. The discussions focused on utilizing Iraq's strategic geographic location for international data transit, positioning the country as a key route for data traffic to Europe. Al-Yasiri emphasized Iraq's secure […]
UK-based Firm a "Third Party Monitoring Agent" in Iraq
By John Lee. R.M Team FZE has won a contract with the United Nations Office for Project Services (UNOPS) to act as a "Third Party Monitoring Agent" in Iraq. The annoucement from the UN gave no further details, but stated a contract value of $279,277. Registered in UK, and with an apparently significant presence in […]
New Report: Social Cohesion in Iraq
By John Lee. The Center for Security Studies (CSS) at ETH Zurich has published a report titled, "Social Cohesion in Iraq: Leveraging Religious, Political, and Tribal Authorities for Conflict Transformation." The aim of this report is to explore the nature of conflict transformation activities that engage informal religious and political authorities to foster social cohesion […]
GKP confirms Interim Chair
By John Lee. Gulf Keystone Petroleum (GKP) has confirmed that Deputy Chair of the Board and interim Senior Independent Director David Thomas will assume the role of Interim Chair until further notice. The announcement follows the passing of Chairman Martin Angle earlier this week. In a statement, Jon Harris, Gulf Keystone's Chief Executive Officer, paid […]
Iraq to buy Airbus Militarty Helicopters
By John Lee. The Iraqi Ministry of Defense has signed a contract with French company Airbus to purchase Caracal (H225M) helicopters. While the Ministry did not specify the number of helicopters involved, AFP reports that 12 of the twin-engined aircraft will be bought. According to the Ministry, the agreement, signed in the presence of Defense […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (trading week ending: 5th Sept 2024). 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 1,762.2 5.0% 13.4% RSISX USD Index […]