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Economics

Twenty new dams to offset shortage of water in Kurdistan, minister says

The Kurdistan Region will have nearly twice as much irrigation and drinking water as needed when the construction of 20 dams are complete as pressure grows in the country to find long-term solutions to water shortages. Minister of Agriculture and Water Resources told Rudaw some 80% of the dam projects have been completed and plans are underway to finance the final stage of the constructions. “The government has promised us to fund the remaining IQD11bn that we will need to go on with the constructions,” Minister Abdulsatar Majid told Rudaw. The Kurdistan Region has 17 small and middle size dams.

Source: http://www.rudaw.net/english/business/19032017

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 956.8 -0.5% 17.9%
USD RSISX 1,009.6 -0.5% 20.8%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
IMIB 1.210 10.0%
HBAG 8.800 4.8%
BNOI 0.590 3.5%
BIIB 0.490 2.1%
HBAY 54.000 1.9%

Worst Performers

Code Closing (IQD) % Chg
AIPM 4.910 -8.2%
BCOI 0.490 -3.9%
BBAY 0.290 -3.3%
BMNS 0.910 -3.2%
BGUC 0.350 -2.8%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IBSD 317.2 257.9
BBOB 263.8 214.5
BGUC 208.9 169.8
HBAY 188.1 153.0
HISH 141.5 115.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 22.4 18.2
Banking 560.0 455.3
Industry 347.7 282.7
Hotels & Tourism 368.9 300.0
Services 25.0 20.3
Agriculture 20.6 16.7
Insurance - -
Investment - -
Money Transfer - -
Total 1,344.5 1,093.1