List of all articles filed under “iraq-capital-markets” category.
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.
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big amounts of their money at home because of what happened during the past regime time when banks’ managements were withdrawn from Iraqi Kurdistan taking people money with them, so a lot of people today don’t trust banks enough to deposit their money at.”
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.
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.
Among the small but growing band of investors in the Iraq Stock Exchange (ISX), the question most asked is whether 2013 will mark the start of a new bull market.
Mark DeWeaver, Co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, discusses the stability issues in Iraq.
Mark DeWeaver, co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, reveals the secrets to investing in Iraqi stock market.
Mark DeWeaver, co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, discusses the general economic overview of Iraq.
Mark DeWeaver, co-founder of Quantrarian Capital Management – a DC-based emerging markets hedge fund – and author of Animal Spirits with Chinese Characteristics: Investment Booms and Busts in the World’s Emerging Economic Giant, discusses the general economic overview of Iraq.
Many investors come to Iraq and ask what they shall invest in while a better question would be what they should not invest in because Iraq is a vast land of investment opportunities. It nevertheless remains difficult to invest in Iraq as it is a very difficult place to operate in; a war-torn country where the financial knowledge equals almost to zero.
