Iraq Stock Exchange Ends Year Up 26%

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 27th December 2021). Note: ISX will be closed during Dec. 28, 2021 - Dec. 30, 2021 due to the end-of-year closing operations. The next trading session will be held on Jan. 2, 2022. Please click here to view a table of listed companies […]

Zwipe, INC to pilot Biometric Payment Cards in Iraq

By John Lee. Norwegian biometric authentication firm Zwipe and International Network for Cards and Digital Payment Services (INC) have announced that they will pilot Biometric Payment Cards in Iraq. According to a press release from Zwipe, this will be the first biometric payment card pilot in the country, and INC will be offering issuance of white […]

Iraq Finalises November Oil Exports

By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for November of 98,192,317 barrels, giving an average for the month of 3.273 million barrels per day (bpd), up from the 3.120 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 95,860,149 barrels; while […]

Safwan Border Crossing Re-Opened

By John Lee. Iraq's General Customs Authority has announced the reopening of the Safwan/Abdali border crossing between Iraq and Kuwait. The crossing had previously been closed to help prevent the spread of COVID-19 (coronavirus). Designs were completed earlier this year for a redevelopment of the crossing. (Source: General Customs Authority)

Iraq "Needs a Full Manual Recount to Overcome Election Impasse"

By Ali Al-Mawlawi, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Needs a Full Manual Recount to Overcome Election Impasse Three weeks since Iraq's electoral commission (IHEC) announced the final results of the October 10 elections, the Federal Supreme […]

Genel Energy appoints new Non-Executive Director

By John Lee. Genel Energy has announced the appointment of Yetik Mert (pictured) as an Independent Non-Executive Director, with immediate effect. Yetik has almost 40 years' technical, commercial, business development, and general management experience, including holding executive and non-executive Directorship roles across the energy utility and industrial sectors in MENA, CEE and the USA. Yetik […]

Iraq Stock Market Report

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23th December 2021). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD908 (+1.2%) / $796 (+1.4%) (weekly change) (+25.2% and +20.1% YTD change, respectively). The number of week traded […]

Funding Opportunity for Iraqi Projects

Request for Statements of Interest: FY21 DRL Iraq Programs The U.S. Bureau of Democracy, Human Rights and Labor (DRL) has announced a Request for Statements of Interest (RSOI) outlining project concepts and capacity to manage programs in Iraq that will: strengthen effective governance; increase political participation and civic activism; promote fundamental freedoms; and support atrocity prevention, accountability, and […]

Al Majal Signs Agreement with Iraq Drilling Company (IDC)

Al Majal Signs a Partnership Agreement with Iraq Drilling Company (IDC) Al Majal has signed a three-year partnership agreement with Iraq Drilling Company (IDC). The agreement aims to develop IDC's technical teams and to qualify its specialized maintenance workshops in accordance with international standards. In an online statement published by IDC, the company said that […]