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Economics

Saudi Arabia Seeks to Increase Investment in Iraq to $2.6 bn

On Tuesday, the Saudi-Iraqi Coordination Council’s (SICC) Economic, Trade, Investment, and Relief Committee held its second meeting in Riyadh under the co-chairmanship of Saudi Investment Minister Khaled bin Abdulaziz al-Falih and Iraqi Planning Minister Khaled Battal al-Najm. The joint coordination council has revealed Saudi Arabia’s aspiration to raise the value of investments in Iraq to SAR10 bn ($2.6 bn).

Source: https://english.aawsat.com/home/article/2564191/saudi-arabia-seeks-increase-investment-iraq-26bn

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RSISX Index

Type Close % Chg YTD % Chg
IQD RSISX 678.8 0.4% 3.0%
USD RSISX 699.3 0.4% -0.2%

Best & Worst Performers

Best Performers

Code Closing (IQD) % Chg
BUND 0.070 16.7%
BBAY 0.080 14.3%
AMEF 9.350 10.0%
BLAD 0.160 6.7%
BELF 0.230 4.5%

Worst Performers

Code Closing (IQD) % Chg
SMRI 1.640 -4.7%
NGIR 0.880 -4.3%
IMAP 1.080 -1.8%
BMNS 0.610 -1.6%
HKAR 0.810 -1.2%

TOP 5 Traded Volume

Code Trading Vol.
(IQD mn) / d
Trading Vol.
($'000)/d
AISP 198.5 157.5
BBOB 193.1 153.3
IBSD 67.6 53.7
TASC 29.3 23.2
BMNS 19.1 15.1

Trading Volumes by Sectors

Sector Trading Vol.
(IQD mn)/d
Trading Vol.
('000 $)/d
Telecom 29.3 23.2
Banking 239.4 190.0
Industry 85.3 67.7
Hotels & Tourism 2.4 1.9
Services 22.4 17.8
Agriculture 199.9 158.7
Insurance 0.1 0.1
Investment - -
Money Transfer - -
Total 578.8 459.3