By John Lee. A weekly shipping service has been launched linking Abu Dhabi's Khalifa Port with Umm Qasr Port in Iraq, aimed at enhancing trade flows across the region. According to Abu Dhabi Ports (AD Ports Group), the service addresses growing container and Ro-Ro cargo volumes and is designed to strengthen connectivity between Lebanon, Syria, […]
By John Lee. Two Iraqi brokerage firms have been registered as remote foreign brokers on the Abu Dhabi Securities Exchange (ADX). The Iraqi Securities Commission (ISC) said that Rabee Securities and Al-Karmel Brokerage have received final approvals to register and operate as foreign brokers on the exchange under the Tabadul platform. Both companies have also […]
By John Lee. The Iraq Securities Commission (ISC) has approved the membership requirements for Iraqi brokerage firms to trade through the "Tabadul" platform on the Abu Dhabi Securities Exchange (ADX), as well as for foreign brokerage firms to trade via the platform on the Iraq Stock Exchange (ISX). The move forms part of the strategic […]
By John Lee. The Ministry of Oil has received a delegation from the UAE's ADNOC, headed by Mr. Nasser Mohammed Al Ameri, Executive Vice President for Business Management, Gas Processing, Refining, and Petrochemicals. Discussions focused on strengthening cooperation and exploring investment opportunities in Iraq's oil and gas sector. The Undersecretary highlighted Iraq's attractive investment environment, […]
By John Lee. EQIQ, a UAE-based venture capital fund, has unveiled its $1.5 million pre-seed investment in Boxy, which it says is Iraq's first AI-powered logistics aggregator. Boxy aims to unify over 1,500 last-mile couriers into a single intelligent platform, addressing the fragmented logistics landscape in Iraq. EQIQ says Boxy has demonstrated early product-market fit, […]
By John Lee. UAE-based venture capital fund EQIQ has announced a $3-million anchor investment in a new digital banking startup led by Iraqi-American finance veteran Hussain Qaragholi (pictured). The total $15-million funding round will support the launch and early growth of the next-generation, AI-driven platform. The new venture aims to transform Iraq's underdeveloped banking sector […]
By John Lee. Esyasoft Holding has signed a Memorandum of Understanding (MoU) with Abu Dhabi-based investment company ZK Holding Group, with the aim of "transforming Iraq into a regional hub for sustainable energy through cutting-edge innovation and cross-border collaboration." The agreement was signed by Abdul Karim Sawan, Vice President of International Business at Esyasoft, and […]
By John Lee. The Abu Dhabi Securities Exchange (ADX), the UAE's largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul. The signing ceremony was held at ADX headquarters on Tuesday. The agreement follows […]
By John Lee. Prime Minister Mohammed S. Al-Sudani met with Abdullah Salem Al-Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX), to discuss enhancing cooperation and expanding private sector engagement to support economic growth. During the meeting, the Prime Minister oversaw the signing of a Memorandum of Understanding (MoU) between the Iraqi Securities Commission (ISC) and […]
By John Lee. During an official visit to Abu Dhabi, Iraqi Securities Commission (ISC) President Faisal Al-Haimus met with Abdulla Salem Alnuaimi, CEO of Abu Dhabi Securities Exchange Group (ADX), to explore enhancing collaboration between the Iraqi Stock Exchange (ISX) and ADX. Discussions focused on integrating ISX into the Tabadul Digital Exchange Hub, a cross-border […]
By John Lee. Dubai logistics and transport company Aramex has announced a new joint venture with Abu Dhabi-based investment company ZK Holding, aimed at supporting both local and international businesses in Iraq. According to a press release from ZK Holding: Through this joint venture, Aramex will significantly expand its existing footprint in the country by […]
By John Lee. Arabian Business reports that Abu Dhabi-based property developer Eagle Hills has bought land in Baghdad for a $1.5-billion golf real estate project. It says the Baghdad Golf Course and Spa will feature a world-class golf course, high-end residential neighbourhoods, a five-star hotel, and an exclusive resort club. Eagle Hills was founded by […]
