Rabee Securities is hosting a 3-day event at the Iraq Pavilion at EXPO 2020 to showcase Iraq's top technology start-ups. From 7-9 March, presentations will be given by Iraq's most promising entrepreneurs and interested parties will have the opportunity to meet them one-on-one. The lineup of start-ups scheduled to attend include Miswag, Iraq's largest e-commerce […]
Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 10th Febuary 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD953 (-1.0%) / $836 (-1.0%) (weekly change) (+3.8 % and +3.8% YTD change, respectively). The number of week […]
By John Lee. Three Egyptian construction companies are poised to win major contracts for housing projects in Iraq. In an interview with Egypt's Al-Dustour news service, Jaber Al-Hassani, Undersecretary of the Iraqi Ministry of Housing, said Iraq intends to sign contracts this month with three companies nominated by the Egyptian Ministry of Housing; one will […]
By John Lee. Iraq's General Customs Authority has announced that Iraq has made its first export of sulfur (sulphur). The 4,540-ton shipment was sent by ship to India earlier this week. Sulfur is used in many applications including fertilisers and pharmaceuticals. (Source: Ministry of Finance)
The Governing Council of the United Nations Compensation Commission held a special session on Wednesday under the Presidency of Ireland to mark the fulfillment of the Commission's mandate. Delegations from Iraq and Kuwait addressed the Council at the opening plenary meeting. Almost 31 years ago, the Commission was established in Geneva as a subsidiary organ […]
By John Lee. The Iraqi Minister of Transport has held a meeting with the ambassador of the European Union to discuss removing Iraqi Airways from the list of airlines banned from operating within the EU. Captain Nasser Hussain Bandar Al-Shibli [Captain Nasser Hussein Bandar Al-Shibli] said they discussed the importance of the Iraqi Civil Aviation […]
Dubai-based air services provider dnata says it has achieved an important milestone in Erbil, with the implementation of its 'OneCargo' system, digitizing processes and maximizing efficiencies across its cargo operations in Iraq. According to a press release, the advanced tool, which dnata plans to launch globally, is expected to deliver significant commercial benefits for customers. […]
By John Lee. Iraq's Ministry of Oil has announced total financial revenues from oil exports to $75.650 billion for 2021, which it says is a marked increase on budgeted expectations for the year. The Ministry's Deputy for Upstream Affairs, Kareem Hattab, pointed to the commitment of the OPEC+ producers in achieving stability in oil markets, […]
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 […]
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 […]
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 […]
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 […]
