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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 1,020.1 2.4% 6.3%
USD RSISX 1,046.7 2.4% 10.5%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BNOR 0.340 6.2%
BUND 0.370 5.7%
BIME 0.590 5.4%
BBAY 0.410 5.1%
BIBI 0.640 4.9%

Worst Performers

Code Closing (IQD) % Chg
BNOI 0.540 -3.6%
AIRP 8.050 -2.4%
SILT 1.030 -1.9%
IBSD 2.460 -1.6%
HNTI 8.280 -0.2%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BGUC 105.3 83.2
BBOB 79.5 62.8
IBSD 66.1 52.2
BBAY 42.0 33.2
BNOR 30.0 23.7

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 15.8 12.5
Banking 371.3 293.5
Industry 88.1 69.6
Hotels & Tourism 16.9 13.3
Services 26.1 20.7
Agriculture 7.1 5.6
Insurance 8.1 6.4
Investment - -
Money Transfer - -
Total 533.4 421.7