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Politics

New Zealand to close embassy in Baghdad, move 'Iraq assignments' to another country

New Zealand is set to close its embassy in the Iraqi capital Baghdad, and transfer the tasks related to Iraq to its embassy in the UAE capital, Abu Dhabi. “This decision to permanently close the embassy was not taken lightly and is in no way an indication of any change in the value that New Zealand places on its relationship with Iraq,” Foreign Affairs Minister Winston Peters said in a statement on Tuesday. New Zealand opened its embassy in Baghdad in 2015 to support the deployment of New Zealand forces as part of efforts to combat terrorism through the international coalition. However, the last 45 soldiers posted at the camp were withdrawn in March, and “it is primary rationale” for having the embassy removed, Peters said.

Source: https://www.kurdistan24.net/en/news/231faae1-f921-4df0-b2a7-1cfbad6aac0f

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 615.1 3.2% -6.6%
USD RSISX 643.9 3.2% -8.1%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BIME 0.110 10.0%
BIBI 0.250 8.7%
BBOB 0.380 8.6%
BCOI 0.480 6.7%
BLAD 0.170 6.2%

Worst Performers

Code Closing (IQD) % Chg
IMIB 2.660 -3.3%
AIPM 4.250 -1.2%
SILT 1.370 -0.7%
- - -
- - -

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
IBSD 299.5 241.6
BBOB 186.7 150.5
BIME 13.1 10.5
BCOI 12.5 10.1
INCP 9.2 7.4

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom - -
Banking 236.3 190.5
Industry 317.4 256.0
Hotels & Tourism 0.9 0.7
Services 7.7 6.2
Agriculture 4.9 3.9
Insurance - -
Investment - -
Money Transfer - -
Total 567.2 457.4