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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
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USD RSISX 894.6 -0.9% -5.5%

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Code Closing (IQD) % Chg
BMFI 0.370 2.8%
INCP 0.540 1.9%
IITC 8.200 1.9%
IBSD 2.630 1.5%
HBAG 7.500 1.4%

Worst Performers

Code Closing (IQD) % Chg
HMAN 12.800 -5.2%
BGUC 0.370 -5.1%
BCOI 0.450 -4.3%
BNOR 0.240 -4.0%
BIBI 0.500 -3.8%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BSUC 176.9 140.4
IBSD 154.9 123.0
BNOR 58.6 46.5
BIME 44.1 35.0
BBOB 38.9 30.9

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 2.1 1.7
Banking 404.7 321.2
Industry 174.3 138.4
Hotels & Tourism 10.9 8.6
Services 21.4 17.0
Agriculture 3.7 3.0
Insurance 2.8 2.3
Investment - -
Money Transfer - -
Total 620.1 492.1