Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th December 2023). 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 1,563.1 6.1% 71.7% RSISX USD Index 1,537.0 […]
Pioneering Progamme to Empower Women in Media
The United Nations Population Fund (UNFPA) and Rudaw Media Network have officially partnered to initiate a 12-month training programme to enrich women's experience in media and journalism across Iraq. Garik Hayrapetyan, Deputy Representative of UNFPA and Ako Mohammed, CEO of Rudaw Media Network, signed the agreement in Erbil, marking a significant collaboration between a media […]
Social Media Marketing Strategies: Reaching Iraqi Audiences Effectively
By Dewey Grant. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Social Media Marketing Strategies: Reaching Iraqi Audiences Effectively Iraqi digital landscape is evolving rapidly, and even though there are plenty of limitations when marketing to Iraqi audiences, there is a way to […]
$112m for Turkish Agri Complex at Umm Qasr Port
The International Finance Corporation (IFC), part of the World Bank Group, is supporting Sama Al-Manar and Manar FZCO, subsidiaries of Türkiye-based Tiryaki Agro, in developing a new state-of-the-art agro-industrial complex in Iraq's Umm Qasr Port, including a soybean crushing plant and warehouses, which will help bolster food security, create jobs, and diversify the country's economy […]
Iraqi, Saudi Firms sign $44m Cement Partnership
By John Lee. Prime Minister Mohammed Shia Al-Sudani commended the signing of a partnership agreement between the private Iraqi company Al-Diyar Al-Iraqia and the Saudi Northern Region Cement Company, marking the first collaboration between the private sectors of Iraq and Saudi Arabia in the field of cement. The event took place during the reception of […]
Iraq establishes National Company for Electronic Payment Systems
By John Lee. The Central Bank of Iraq (CBI) has decided to establish the "National Company for Electronic Payment Systems in Iraq," marking a qualitative development in the country's financial infrastructure. The new company will be responsible for efficiently developing, operating, and managing national electronic payment and settlement systems, introducing new elements to enhance the […]
Tender for $20m Construction Contract in Muthanna
By John Lee. Iraq's Commission of Integrity has announced a tender for the construction of an Investigations Department building in the government complex at Al-Muthanna Airport. The estimated cost of the project is over 26 billion Iraqi dinars (approx. $20 million). Click here for more details (Arabic). (Source: Commission of Integrity)
Understanding Dust Explosions: The Role of the Hartmann Tube
From Ex-Machinery. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Hidden Danger of Combustible Dust Dust explosions, though less obvious than other hazards, pose significant risks in various environments. Such explosions occur when combustible dusts like sawdust or flour become airborne and […]
IDC Completes Oil Well at East Baghdad Field
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed the drilling of oil well EBS-64 as part of the contract with the Chinese company Zhenhua, aiming to drill 27 oil wells at the East Baghdad field. The operation, conducted in collaboration with China Oilfield Services Limited (COSL), a division of the China National […]
Overlap Between the Islamic Resistance of Iraq and Militias
By Ameer al-Kaabi, 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. Overlap Between the Islamic Resistance of Iraq and the Popular Mobilization Forces The Islamic Resistance of Iraq mourned the loss of members of the Iraqi […]
GKP Trades Lower following Update
By John Lee. Shares in Gulf Keystone Petroleum (GKP) were trading down around 5 percent on Wednesday afternoon following an update from the company. It said that local market demand remains difficult to predict, and while discussions are ongoing, there is still no official timeline for the reopening of the Iraq-Turkey Pipeline (ITP). Full statement […]
Iraq to establish 44 New Pharmaceutical Factories
By John Lee. Iraq plans to establish 44 new pharmaceutical factories across the country. Hamoudi Al-Lami, an advisor to the Prime Minister, told the state-run Iraqi News Agency (INA) that 25 of the factories will be in Baghdad, while the remaining facilities are spread across different provinces, including Kirkuk, Erbil, Basra, Karbala, and six in […]