Home | Contact
       
 
 
Sunday 5th, July 2009 -- 20:26 GMT
Iraq allows Arab, foreign investment in stock exchange
Posted: 21-03-2005 , 14:55 GMT

President of the Iraqi Businessmen Union, Rida Bleibil, said that the secretariat of government has informed that Arab and foreign investors are allowed to enter the Iraqi securities market and invest up to 49 percent in the shares of listed Iraqi companies.

 

Bleibil added, according to Alkhaleej newspaper, that the management of the stock exchange market is expected to prepare the financial and administrative rules and establishing a special section for the Arab and foreign investors.

 

Experts said that the move was vital to improve and develop the Iraqi financial market.

© 2005 Mena Report (www.menareport.com)

Printable Version
Top of Page
Printable Version
Opinions - No Opinions found for this article
   
Aramco, Sumitomo Chemical select  ...
ADNH contracts Al Jaber Group to  ...
SHUAA Capital, Dubai Banking Group  ...
More Middle East tourists to visit in  ...
Bank Sarasin-Alpen strengthens its  ...
SHUAA Capital rejects Dubai Banking  ...
Al Salam Bank and Charoen Pokphand  ...
New Suzuki Celerio enters KSA’s US$9  ...
Galadari ice cream company scoops 450th  ...
Diversification and Oil Money to Drive  ...
Orascom Telecom gets $4.9 million in  ...
Dubai to set crude oil selling price  ...
Residential rental rates in Qatar to  ...
Abu Dhabi introduces Mosque Development  ...
Cupola signs contract with EMW for  ...
American Visa cardholders contribute  ...
Rasmala opens Abu Dhabi  ...
  About Us Advertising Contact Us Privacy  
 
© 2000 - 2009 Mena Report (www.menareport.com)