*********The Iraqi Stock Exchange announces its success in partnership with the public and private sectors

Monday, April 30 2018 - 01:26 PM

Executive Director Taha Ahmed Abdel Salam

The Iraqi Stock Exchange announced its success in the public-private partnership and the mechanism of transition to a market economy. He pointed out that during his participation in the third annual conference of securities markets, he discussed the possibility of benefiting from the expertise of Arab stock exchanges in using modern applications for trading and attracting investment.

"The market has played a role in the transition to a market economy through partnership in the establishment of joint stock companies and also through the enactment of a law encouraging the issuance of modern financial instruments and working on issuing short sale instructions," said Taha Ahmed Abdul Salam, the market's executive director. .

Abdul Salam said that the market participated in a paper focused on the plans of the Iraqi market to attract investment and the challenges of activity during his participation in the third annual conference of securities markets

He explained that it was agreed during the conference with the Secretary General of the Union of Arab bodies to cooperate in the field of training and discuss the rules and regulations prevailing in the Arab markets

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The stock market is looking at the possibility of benefiting from the expertise of the Arab stock exchanges and confirms its success in partnership of the public and private sectors


Economy News Baghdad:

The Iraqi Stock Exchange discussed the possibility of benefiting from the expertise of the Arab stock exchanges during its participation in the third annual MENA Road show for the stock markets and investors.

"The Iraqi market for securities is participating alongside the Arab markets in the third annual MENA Road show for securities and investors markets held in the UAE, which was opened by the Chairman of the Board of Directors," Taha Ahmed Abdul Salam, Executive Director of the Market, said in a press release. The UAE Minister of Finance and Commodities Obeid Zu'bi also participated with the Secretary General of the Union of Arab Organizations Jalil Tarif, pointing out that the market participated in a paper focused on the plans of the Iraqi market to attract investment and challenges of activity.

"It was agreed during the conference with the Secretary General of the Union of Arab Organizations to cooperate in the field of training and discuss the rules and regulations prevailing in the Arab markets," said Abdul Salam, adding that Thomson Reuters will have a distinct role in the possibility of linking information and data with the Agency, The experience of the Arab stock exchanges in the use of modern applications for trading and attract investment, as well as the possibility of cooperation with experts from the company to help support the new role of the future of electronic systems in the stock exchanges and the Iraqi market for securities also for the coming years.

He pointed out that the Iraqi market for securities has played a role in the success of the partnership between the public and private sector and the mechanism of transition to a market economy through partnership in the establishment of joint stock companies and also through the work on the issuance of a law encourages the issuance of modern financial tools and work on issuing short sale instructions Short Silling.

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