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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 947.1 0.4% -1.3%
USD RSISX 971.7 0.4% 2.6%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BUND 0.350 2.9%
HKAR 1.400 2.9%
BGUC 0.470 2.2%
INCP 0.540 1.9%
HBAY 29.900 1.4%

Worst Performers

Code Closing (IQD) % Chg
IIDP 1.450 -5.8%
SMRI 2.300 -3.0%
HBAG 8.600 -1.1%
TASC 5.460 -1.1%
IITC 8.050 -0.5%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
BSUC 177.7 140.5
BBOB 77.9 61.6
BGUC 49.4 39.0
IBSD 19.6 15.5
BNOR 18.6 14.7

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 9.0 7.1
Banking 354.5 280.2
Industry 33.3 26.3
Hotels & Tourism 3.7 2.9
Services 14.3 11.3
Agriculture 0.7 0.6
Insurance - -
Investment - -
Money Transfer - -
Total 415.5 328.5