Future of Stock Markets in Iraqi Kurdistan
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.
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.
“There were also countries participating for the first time, like Armenia and Vietnam. This is evidence on the progress achieved in Iraqi Kurdistan and the current investments.” Iraqi Kurdistan is rich in natural resources and minerals, with over 20 foreign companies working in oil exploration alone. Iraqi Kurdistan’s economic growth is on a rapid incline.
“I believe the companies to participate in the market shall cover all fields and we specially hope that oil companies operating in Iraqi Kurdistan will do since their existence is essential for the success of Erbil Stock Exchange.”