Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 4th June 2015). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at ID1,358 / $1,325 (+2.3%) (weekly change) (-2.5% and -10.6% YTD change, respectively). The number of week traded shares […]
An International Monetary Fund (IMF) mission led by Carlo Sdralevich visited Amman from May 27 – June 4, 2015 to discuss with the Iraqi authorities financial assistance to Iraq under the Rapid Financing Instrument (RFI). At the end of the visit, Mr. Sdralevich issued the following statement: “The mission has reached a staff-level agreement with […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant (ISIS, ISIL, IS) terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of the latest strikes, which took place between 8 a.m. Saturday and 8 a.m. Sunday, local time, noting […]
By John Lee. A consortium of three Estonian IT companies are to provide an electronic information system for Iraqi courts. The companies are Aktors, Net Group and Võrguvara, and the first step will be building a system for the court in Sulaymaniyah. Within nine months, electronic court systems will be built for all three court […]
The CEO of the Iraq Britain Business Council (IBBC), Christophe Michels, gave an interview on Share Radio about doing business in Iraq: listen to ‘Building a business in #Iraq. Interview with Christophe Michels @IBBC_London’ on audioBoom (Source: Share Radio)
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Can The Country Ever Recover? How Much Iraq's Fight Against ISIS Extremists Is Really Costing The security crisis caused by the extremist group known as the Islamic State has not […]
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Let Them Eat Bread: ISIS Extremists In Mosul Iraq Ban Grain Exports, Ensure Food Security The northern Iraqi province of Ninawa is one of the country's best producers of cereals […]
By John Lee. Oil Minister Adel Abdel Mahdi (pictured) has said that the new Basra Heavy crude oil grade will add an additional 100,000 bpd to oil exports this month. Reuters reports that the new grade has allowed Iraq to revive some fields that it had previously shut down to maintain the quality of its […]
A family-run UK company which makes window and door restrictors has won its first order in Iraq. Jackloc's products will be installed at the Sheraton Dohuk Hotel in Iraqi Kurdistan, which opened earlier this week. Director Emma Wells told Insider Media: "Securing this order in a new export market is very exciting for us. "We […]
Statement from UNOPS on Fraudulent Procurement-Related Documents It has come to the attention of the United Nations Office for Project Services (UNOPS) that fraudulent procurement-related documents, such as solicitation documents and purchase orders, continue to besold in Iraq for purported UNOPS projects. We are aware that one such case is related to a purported project […]
By John Lee. The Ministry of Higher Education and Scientific Research of the Kurdistan Regional Government signed a memorandum of understanding (MOU) with its counterpart in Belarus for technical training in the field of information technology. The agreement was signed during a recent visit to Belarus by a delegation headed by Samal Sardar, the KRG […]
By John Lee. Indian state refiners Indian Oil Corporation and Hindustan Petroleum Corporation are holding talks with Iraq’s State Oil Marketing Organization (SOMO) to buy 4 million barrels of Basra light crude oil for India’s strategic petroleum reserves (SPRs). Bombay Stock Exchange had sought clarification from Hindustan Petroleum following press reports; Hindustan subsequently confirmed the […]
