Iraq Market Report: Construction Activity and Stability
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. Construction Activity and Stability The market, as measured by the Rabee Securities RSISX USD Index was up 4.4% in June, and up 30.4% for the year. The […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 6th July 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 1,038.4 1.1% 14.1% RSISX USD Index 1,021.0 […]
Iraqi Govt keen to attract more UK Investors
From the Arab-British Chamber of Commerce (ABCC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The ABCC was honoured to host H E Dr Fuad Hussein (above), the Deputy Prime Minister and Minister of Foreign Affairs, Republic of Iraq, for a ministerial roundtable on […]
Etisalat Academy and EarthLink to open Academy in Iraq
By John Lee. Etisalat Academy has reportedly signed a Memorandum of Understanding (MoU) with EarthLink for the development of a comprehensive training programme in Iraq focused on Gigabit Passive Optical Network (GPON) FTTH network systems. The MoU was signed by Muammar Nasir AlRukhaimi, CEO of Etisalat Services Holding, and Dr Alaa Jasim, CEO of EarthLink […]
Video: Iraq Govt seeks Alternative Energy Sources
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq govt seeks alternative energy sources amid power outages The Iraqi government is trying to support its national grid by connecting with neighbouring countries. Al Jazeera's Mahmoud Abdelwahed reports from Baghdad, Iraq: Click […]
EBRD supporting Private Sector and Renewable Energy in Iraq
By John Lee. Iraqi Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein met with Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD). The meeting focused on ways to enhance bilateral relations between Iraq and the bank, with a focus on strengthening the private sector in Iraq and digitizing the […]
IBBC welcomes 3 New Members
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members: Saudi-based Alkhorayef Group operates in the agricultural machinery, food distribution, oil technologies and water sectors, and partners with many of the largest global brands operating in KSA, including Volvo, Penta and Castrol. It operates in 40 countries, and employs more than […]
Iraq Joins Egmont Group to Combat Money Laundering
By John Lee. Iraq has been granted membership of the Egmont Group, which focuses on exchanging information among financial investigation units combating money laundering and terrorist financing. The vote took place during the group's 29th general meeting in the United Arab Emirates on Wednesday. The meeting was attended by Deputy Chief Judge of the Court […]
Malaysia to open Embassy in Iraq
By John Lee. The Malaysian government has decided to open an embassy in Baghdad. At a meeting with Iraqi Minister of Foreign Affairs, Fuad Hussein, on Wednesday, Malaysian Foreign Minister Zambri Abdul Qadir confirmed the decision, and emphasised Malaysia's support for Iraq. Minister Hussain welcomed the decision and said that Iraq will provide all means […]
Iraqi Bureaucracy Closes Hospitals in Mosul
By John Lee. Médecins Sans Frontières (MSF) [Doctors Without Borders] has closed two health facilities in Mosul, claiming that their work has been made impossible by the bureaucracy in Iraq. Full text of statement from MSF: MSF halts medical activities in Mosul due to administrative obstacles Essential medical activities have been suspended at two health […]
UK-Iraq Strategic Dialogue in London
The United Kingdom and the Republic of Iraq agreed a joint communiqué to mark the UK-Iraq Strategic Dialogue, held in London on 3-4 July 2023: The Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom and Northern Ireland, the Rt Hon James Cleverly MP, hosted, Deputy Prime Minister and Minister of […]
Iran-Iraq Trade exceeds $10bn; Could Double
From Tasnim, under Creative Commons licence. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. No Problems in Way of Financial Exchanges between Iran, Iraq: Official There are no problems in the way of financial exchanges between Iran and Iraq, an Iranian official said. Chairman […]