View Full Version : Lebanese Business Council: Iraq securities market model is progressing rapidly

Hue Mi
05-16-2014, 08:42 PM
Iraq market for securities

Lebanese Business Council: Iraq market for securities market model is progressing rapidly (http://www.almadapress.com/ar/news/30899/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D9%84%D8%A8%D9%86%D8%A7%D9%86%D9%8A-%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%84%D9%84)

Author: ASJ, BS
Editor: BK, BS
2014-05-15 18: 45
Hits: 1116

Lebanese Business Council said on Thursday that the Iraq market for securities, "particularly attractive" to investors, and a "model" for the market you are trying to "move quickly", stating that the Conference to be held in Dubai, is aimed at encouraging business to invest in this market.

And Lebanese Business Council Chief, Rauf Abu Zaki, told the (extent RSS), that "the Iraq market for securities has become attractive to private investment," Noting that "the Council organized more than two weeks ago a Conference of Iraqi and Lebanese banks in Beirut, and today participates in another financial Conference in Dubai U.A.E. State."

He said Abu Zaki, the "Conference aims to follow up the situation of the financial markets in the region in General," returned "the Iraq market for securities constitutes a model for those markets that are trying to move quickly."

The head of the Lebanese Business Council, said that "the Conference will give an idea of the capital market in Iraq and his dealings and how to promote it with the help of partners", stating that "the Conference include research group to develop Iraq market for securities and invite interested businessmen to invest in, as well as to discuss the investment opportunities available by companies listed on the rules."

The head of the Iraq Securities Commission, Abdul Razzaq Al-Saadi, opened the Conference "investing in the Iraq market for securities", to be held at the Ritz-Carlton Dubai International financial centre in Dubai, over two days (14-15 may 2014), with the participation of a high-level Iraqi delegation comprising Minister of reconstruction and housing Mohammed Al-Darraji, owner and Chief Adviser in the Office of the Prime Minister, thamir, as well as more than 200 investor and businessman.

The Iraqi stock exchange ISX was founded in 2004 after the fall of the former regime, but still relatively small b 83 registered company with a capital of 9 billion dollars.