Tabaqchali: Banks & the Iraq Investment Thesis
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. Market Review: "Banks & the Iraq Investment Thesis" The market, as measured by the Rabee Securities RSISX USD Index, started the year on a positive note with […]
New Healthcare Facilities for Baiji City
By John Lee. Mashareea Al-Taqa Company for Contracting and General Trading has won a contract with the United Nations Secretariat for the "construction of maternity ward and drug store in al Bu'Aiji Health Centre and a prefab waiting room for ration card entity, Baiji City, Salah al Din governorate." The contract is valued at $109,026.50. (Source: […]
Reports that Iraq to Buy Pakistani Fighter Jets
By John Lee. Iraq has reportedly signed a contract with a Pakistani company to purchase an unspecified number of fighter jets. According to Defense World, the aircraft are believed to be JF-17 Block III, which it suggests could be a welcome addition to the Iraqi Air Force, following significant problems maintaining its 34 F-16IQ Block […]
Forming New Iraqi Govt "will be Complicated"
By Abbas Kadhim, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq is forming a new government. But getting there will be complicated. Whatever the outcome of the ongoing negotiations, the prospects of the next government will depend on […]
Is 'unfreezing' of Iranian funds in Iraq 'positive signal'
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is 'unfreezing' of Iranian funds in Iraq 'positive signal' from Biden? A prominent Iranian news agency says funds that have been frozen in Iraq due to US sanctions are now available for food […]
Iraq Stock Market Report
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 3rd February 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD962 (+1,9%) / $844 (+1.9%) (weekly change) (+4.8% and +4.8% YTD change, respectively). The number of week traded […]
First Gender-Based Violence Strategic Plan launched in Iraq
The Ministry of Health in Iraq, together with the World Health Organization (WHO), launched the first Gender-Based Violence (GBV) Strategic Plan 2022-2026 on 31 January 2022. The plan will provide the strategic vision and the operational directions for better implementation and coordination of sustainable interventions related to the health system response to GBV to reduce […]
Iraq was Largest Beneficiary of China's Belt & Road in 2021
By John Lee. Iraq was the largest beneficiary from China's Belt and Road Initiative (BRI) in 2021, according to a study by the Green Finance & Development Center, at Shanghai's Fudan University. It says the country with the highest construction volume was Iraq, with about $10.5 billion, followed by Serbia (about $6.8 billion) and Indonesia […]
Cabinet allocates $24m for Reconstruction in Najaf
By John Lee. The Cabinet held its regular meeting on Tuesday, under the chairmanship by Prime Minister Mustafa Al-Kadhimi. In the presence of the Governor of Najaf, Mr. Majid Al-Waeli, the Cabinet agreed a number of measures to improve public services in Najaf: Construction of a second bridge in the Abbasid district Completion of Ya […]
New Report on the Iraqi Online Shopping Sector
Online Shopping: A Glimpse Into The Iraqi Customer Shopping Behavior The World Trade Organization (WTO) defines e-commerce as "the production, distribution, marketing, sales or delivery of goods and services by electronic means". Currently, 75% of the Iraqi population has access to the internet, and 61.4% of them are on social media platforms. The internet made […]
China "Tightens its Grip on Iraq" with 3 Major Oil Deals
Writing in Oil Price, Simon Watkins says that China has continued to press home the geopolitical advantage given to it in Iraq following the official end of the U.S.'s 'combat mission' in the country with the conclusion of three huge deals, all focused on the oil sector. Click here to read the full article.
Will a Sadrist-led Govt improve Iraq-Turkey relations?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will a Sadrist-led government improve Iraq-Turkey relations? Shiite leader Muqtada Al-Sadr is likely to form a "national majority" government after his political movement won 73 of the Iraqi parliament's 329 seats in the […]