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  • Investors Iraq News's Avatar
    Today, 11:59 AM
    Advertising FeatureRabee Securities Iraq Stock Exchange (ISX) market report (week ending: 21st Sept 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD778 (-1.0%) / $798 (-1.0%) (weekly change) (-18.9% and -15.7% YTD change, respectively). The number of week traded shares was 9.5bn and the weekly trading volume was IQD6.3bn ($5.1mn). ISX Company Announcements Two cross transactions occurred on 3.0bn shares of Trans Iraq Bank for Investment (BTRI) on Sept. 18 and Sep. 20, 2017), which represent 1.14% of BTRI capital. Gulf Commercial Bank (BGUC) will hold AGM* on Oct. 12, 2017 to discuss and approve 2016 annual financial results and decide to distribute 1.96% cash dividend (IQD0.0196 dividend per share). ISX will suspend trading of BGUC starting Oct. 9, 2017. Iraq Baghdad for General Transport (SBPT) will hold AGM* on Oct. 9, 2017 to discuss and approve 2016 annual financial results. ISX will suspend trading of SBPT starting Oct. 4, 2017. National Chemical and Plastic Industries (INCP) will hold AGM* on Oct. 5, 2017 to discuss and approve 2016 annual financial results. ISX will suspend trading of INCP starting Oct. 2, 2017. International Islamic Bank (BINT) invited shareholders to participate in the capital increase from IQD100bn to IQD250bn through 150% rights issue starting Sept. 20, 2017. ISX requested Region Trade Bank for Investment and Finance (BRTB) to disclose the names and titles of the individuals who have direct access to internal information for 2017, like BoD and their advisors, CEO, CFO, auditor and etc., in order to start trading. Al-Hamraa for Insurance (NHAM) will hold AGM* on Oct. 24, 2017 to discuss and approve 2016 annual financial results. ISX suspended trading of NHAM starting Oct. 19, 2017. Iraqi Agricultural Products Marketing Meat (AIPM) resumed trading on Sep. 19, 2017 after discussing and approving 2016 annual financial results and deciding to distribute 5% cash dividend (IQD0.05 dividend per share, 1.7% dividend yield). Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 27 view(s)
  • Investors Iraq News's Avatar
    Today, 09:09 AM
    By John Lee. The United Nations has advertised new positions in Iraq: Communication/Public Information Associate, United Nations Assistance Mission for Iraq (UNAMI) National Humanitarian Affairs Officer, United Nations Assistance Mission for Iraq (UNAMI) Nurse, United Nations Assistance Mission for Iraq (UNAMI) Political Affairs Officer, United Nations Assistance Mission for Iraq (UNAMI) Chief, Human Rights Component, United Nations Assistance Mission for Iraq (UNAMI) North East Syria Head of Office, Iraq, Save the Children Team Leader, Save the Children Programme Specialist, UN Development Programme (UNDP) Access Coordinator, International Rescue Committee (IRC) Senior Security and Humanitarian Access Manager, International Rescue Committee (IRC) Deputy Director Cross Border, International Rescue Committee (IRC) Teacher, World Vision Clinical Psychologist, World Vision Anbar Programme Manager, Oxfam Emergency Coordinator, World Health Organization (WHO) GCF Concept Note Formulator, Food and Agriculture Organization of the United Nations (FAO) (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 25 view(s)
  • Investors Iraq News's Avatar
    Today, 09:09 AM
    Operations have begun to liberate western Anbar and Huwayjah, the last two areas in Iraq where the Islamic State of Iraq and Syria hold territory, said Army Col. Ryan Dillon, spokesman for Combined Joint Task Force Operation Inherent Resolve. Iraqi Prime Minister Haider al-Abadi made the operations announcement to eradicate ISIS, Dillon said, speaking to Pentagon reporters via teleconference out of Baghdad, today. “Already, the have routed ISIS in Akashat, Rihanna, and just this morning they have cleared 11 villages, completing their first phase of operations in Huwayjah,” the spokesman said. “These operations are evidence, and showcase the increased capacity as a battle-tested, formidable fighting force.” It is clear that ISIS terrorists are overwhelmed and outmatched by the strength of the , he said. “ is losing ground, and is failing in every battle. Soon, ISIS will have no sanctuary anywhere in Iraq,” Dillon said. The coordination among the Iraqi army, the federal police, peshmerga forces, local police, counterterrorism service, and popular and tribal mobilization forces has contributed to the victories seen recently against ISIS, the spokesman said. So far, he added, more than 4 million people have been liberated, and about 15,800 square miles have been cleared. Raqqa Gains In Syria, the Syrian Democratic Forces continue to eliminate ISIS in the eastern and northeastern regions of that country, Dillon said. In Raqqa, “The SDF have now cleared about 70 percent of the entire city,” he added. The SDF gained about 84 city blocks in Raqqa from ISIS control in the past week, he said. “In the past week, the SDF have assisted more than 200 civilians flee the city of Raqqa,” Dillon noted. “The SDF also detained ISIS fighters attempting blend in amongst civilians; one of which was another ISIS emir, or local leader.” Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 28 view(s)
  • Investors Iraq News's Avatar
    Today, 09:09 AM
    By John Lee. The Jordanian government has said that as part of its efforts to overcome obstacles to trade with Iraq, its Prime Minister, Hani Al-Mulqi (pictured), has decided to exempt Iraqi trucks parked on the Jordanian side of the border from the financial penalties. Petra news agency reports that the exemption, which came in conjunction with the opening of borders between Jordan and Iraq, would encourage trade through the Al Karama-Turaibil border crossing, boost economic relations between the two countries, and facilitate the movement of citizens and goods in both directions. The decision also “aims to accelerate the operation of the Kingdom’s truck fleet that transport goods and commodities to Iraq, and revive shipping in the port of Aqaba“. (Source: Petra) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 23 view(s)
  • Investors Iraq News's Avatar
    Today, 06:52 AM
    By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Pharmacist referent, Médecins du Monde Resource Management Officer, International Organization for Migration (IOM) Associate Information Management Officer, United Nations Assistance Mission for Iraq (UNAMI) Procurement Officer, United Nations Assistance Mission for Iraq (UNAMI) Awards Coordinator, Save the Children Head of Awards, Save the Children Mine Action Coordinator, UN Office for Project Services (UNOPS) Logistics & Asset Management Assistant, UN Office for Project Services (UNOPS) Country Director, Agency for Technical Cooperation and Development (ACTED) Project Development Officer, Agency for Technical Cooperation and Development (ACTED) Finance Specialist, Food and Agriculture Organization of the United Nations (FAO) (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 22 view(s)
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