IraqiXchange

Iraq Stock Exchange Confident Despite IPO Uncertainty

Posted by IraqiXchange on Monday, January 2, 2012
By Marty Silk, SYDNEY
(ASIA PULSE)
July 25, 2011

The Iraq Stock Exchange (ISX) has been calling for three August share listings, tipped to be the biggest in the Middle East region in 2011, and despite rising doubts over whether the listings will occur on time, the bourse's confidence highlights how much it has developed.

Iraq's largest telecom operators -- Zain Iraq, Asiacell and Korek Telecom -- must list on the ISX by the end of August as a provision of their 15-year licencing agreements with t...
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Iraq's Private Banks Setting Growth Records, Attracting Foreign Investors

Posted by IraqiXchange on Monday, January 2, 2012
26 September 2011

With inflation stabilized, oil production up and government encouragement to become better capitalized, private banks are drawing potential foreign investment partners because they are positioned for success in Iraq's post-war economy.

Baghdad - A resurgent oil economy, projected GDP growth at more than 12 percent and a record level of foreign investment point to signs that the private banking industry in Iraq is looking at substantial growth, a new report on Iraqi b...
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