Iraq Capital Markets

Future of Stock Markets in Iraqi Kurdistan

editor@marcopolis.net (Jacques Yétérian) — Thu, 23 Jan 2014 13:13:13 +0000

Since the fall of the regime in 2003, Iraqi Kurdistan witnessed rapid progress and development. Abdul-Rahman believes there is “big hope that Erbil Stock Exchange will be promising and successful in the area.” Investments in Iraqi Kurdistan are increasing, as well as involvement in the international fairs from countries from all over the world.

Erbil Stock Exchange

editor@marcopolis.net (Jacques Yétérian) — Thu, 23 Jan 2014 13:10:15 +0000

According to Abdul-Rahman, “There are many reasons for the establishment of the market in Erbil. One of these reasons is that people save big amounts of their money at home because of what happened during the past regime time when banks' managements were withdrawn from Iraqi Kurdistan taking people money with them, so a lot of people today don't trust banks enough to deposit their money at.”

Development of Capital Markets in Iraqi Kurdistan

editor@marcopolis.net (Jacques Yétérian) — Thu, 23 Jan 2014 13:08:41 +0000

It has long been an idea to establish a capital market in Erbil. The ball began rolling in 2007 when Prime Minister of Iraqi Kurdistan, Nechirvan Barazani, mandated to study the possibility of establishing another capital market besides the Iraq Stock Exchange.

Erbil Stock Exchange: Mapping the Development of Capital Markets in Iraqi Kurdistan

editor3@marcopolis.net (Ben Novak) — Fri, 03 Jan 2014 00:00:00 +0000

The idea of establishing a stock exchange in Iraqi Kurdistan dates back to 2007. Erbil Stock Exchange recently signed a new agreement with Nasdaq Omex, which will substantially facilitate companies participation whether they are local or foreign. All companies in Iraq, not only those in Erbil or other parts of Iraqi Kurdistan, will have the opportunity to be enlisted on Erbil Stock Exchange.