Iraqi market for securities

Posted by on May 16, 2014 | Leave a Comment

Lebanese Business Council: the Iraqi market for securities markets serve as a model for progressing rapidly

Baghdad
Stressed the Lebanese Business Council, said Thursday that the Iraqi market for securities, enjoys “particularly attractive” to investors, and is a “model” for the markets, which is trying to “progress quickly,” noting that the conference which will be held in Dubai currently aims to encourage businessmen to participate in the investment in So the market.
The head of the Lebanese Business Council, Raouf Abu Zaki, said in an interview to the (long-Presse), “The market for securities Iraq has become an attractive private investment,” adding that “the Council systems by more than two-week conference of Iraqi banks and the Lebanese in Beirut, and there are Today the organization is involved in a financial conference in Dubai last in the United Arab Emirates. ”
Abu Zaki added, “The conference aims to follow the conditions of the capital markets in the region in general,” returned to “the Iraqi market for securities serve as a model for those markets which are trying to progress quickly.”
The President of the Lebanese Business Council, that “the conference will give an idea of the money market in Iraq and dealings and how to promote it with the help of partners,” noting that “the conference includes a research group for the development of the Iraqi market for securities and invite interested people and businessmen to participate in the investment in it, as well as discuss the reality of opportunities available investment by listed companies on his list. ”
The Chairman of the Securities Commission of Iraq, Abdul-Razzaq al-Saadi, opened the conference “Investing in the Iraqi market for securities,” which will be held at the Ritz Carlton – DIFC in Dubai, over two days (two 14 and May 15, 2014), with the participation of High-level Iraqi delegation includes Minister of Construction and Housing, Mohammed al-Darraji, the head of the advisers in the Office of the Prime Minister, Thamer Ghadhban, as well as more than 200 investors and businessmen.
It is noteworthy that the Iraqi market for securities ISX was founded in 2004 after the fall of the former regime, but it is still relatively small in size 83 and a registered company with a capital of nine billion dollars.

 

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