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Stock Market

In a region in perpetual turmoil, capital markets have been hit hard. But there are some bright spots
It was less than a year ago that international investors were talking about Iraq as the next big thing. The Iraqi mobile phone company Asiacell had completed its US$1.3 billion initial public offering and daily trading on the Iraqi Stock Exchange (ISX) had risen above $10 million – from just $500,000 a few years earlier.
NASDAQ NDAQ, -0.41% and the Iraq Stock Exchange (ISX) announced today the successful on-scheduled go-live of the X-stream Trading technology, which replaced the existing Horizon platform. NASDAQ has delivered trading technology to ISX since 2007.
Sales of dollar by the Central Bank of Iraq rose as well as purchase of other foreign currencies on Tuesday's session to hit / 217 / million / 7 / thousands of dollars, after hitting on yes
Iraq Stock Exchange announced that next Thursday, July 24, 2014 is the last trading session before the holiday Eid al-Fitr, which will run throughout the upcoming week.
On Tuesday, US stocks fell as early enthusiasm from economic data faded and concerns about the violence in Iraq gave investors a reason to sell and book some profits, driving the Dow to its biggest drop in over a month.
Most markets in the Gulf continued to decline on Monday because of the conflict in Iraq, while volatile Dubai led losses as construction firm Arabtec remained in freefall.
SHARE PRICES will likely continue struggling this week as investors fret over the increasing likelihood of a hike in the central bank’s key interest rates after global oil prices surged to a nine-month peak amid a crisis in Iraq.
Inflation data, outcome of the meeting of US Federal Reserve and updates on crude oil producer Iraq...
An unintended consequence of Iraq’s political strife is cheaper borrowing costs for the government.
With the world’s eyes focused on the recent general elections in Iraq, little attention is being paid to the major changes taking place in Iraq's banking and finance industry.
Representatives of Iraq’s two stock exchanges are in Dubai this week to court regional investors and to present their respective business case. Their visit comes at a time when some Middle Eastern bourses are among the world’s best performers, while they are facing their own set of challenges.
The Erbil Stock Exchange (ESX) plans to launch by the end of the year, making it the autonomous Iraqi Kurdistan Region’s first private joint-stock market.
The sales of dollars by the Central Bank of Iraq and purchases of other foreign currencies rose on today's meeting to 231 million 621 thousand dollars, after a hit on yesterday’s meeting the level of 155 million 9 thousand dollars at a stable exchange price of 1166 dinars per dollar.
Iraq News Network announced in the capital, Baghdad, on Tuesday, announced the opening of its first office of the Stock Exchange world in Baghdad, the first of its kind in the history of Iraq, and among Msoalon in the office getting a leave of absence from the Iraqi government and its association with the London Stock Exchange world,
Iraq’s stock market regulator has been asked to ease requirements for custodians to hold shares, amid interest from JPMorgan Chase and Citigroup.
Zain Iraq, the mobile phone company from Iraq has the plans for going ahead with a long-delayed stock market listing in Baghdad by early 2013 at the latest, its chief operating officer said on Tuesday.
The latest upsurge in violence in Iraq and continuing political instability across the Middle East has seen global corporations taking steps to improve the safety of their workers, according to Advanced Glass Technology (AGT), a leading international specialist in protective window films and anchoring systems, which has recently established a permanent presence in the country.
Nasdaq OMX Group Inc. (NDAQ:US) is helping to set up a trading system for the Erbil Stock Exchange, which will be the stock exchange of the autonomous region of Iraq, Kurdistan. The region is planning for starting the operations of the stock exchange from the month of June of the next year as stated by the chairman of the company.
Member of the Economic Committee of the Kurdistan Alliance MP Mahma Khalil stated the importance of activating the stock market to increase storage and support the economy.
Economic Analyst, Ibrahim Al-Mashhadani attributed that declining non-Iraqi dealings in Iraq market for securities to lower the value of shares traded and the unstable security situation in the country.
On Monday, the central bank of Iraq has announced a significant decrease of the number of non-Iraqis dealers in the stock market.
Citi Group Inc. has decided to open its business in Iraq. It has to be noted that after easing of UN sanctions dating back to the Saddam Hussein era are driving yields on the OPEC oil producer’s bonds down from a four-year high, Iraq has become a popular place for the investors.
Oryx Petroleum Corp. (OXC), Canada’s newest publicly traded oil explorer, is looking forward to venture in the Iraqi Kurdistan market.
An agreement with Nasdaq OMX Group to replace its current trading platform with OMX platform (Horizon), powered by X-stream technology has been concluded by the Iraq Stock Exchange (ISX).
The proposed Erbil Stock Exchange is underway and Louis Berger has committed to the KRG or Kurdistan Regional Government to startup the ESX.
With the launch of initial public offering on Iraq Stock Exchange by the Iraqi Communication giant company Asiacell, it was assumed that a lot of things have been changed for the country after the exact 10 years of US-led invasion.
The IPO or Initial Public Offering of Iraqi telecommunication company Asiacell tops Iraqi Stock Exchange right from the year of 2003. Followed by 2003 US invasion in Iraq, ISX or Iraqi
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