By John Lee.
Reuters reports that Zain Iraq will list on the Baghdad Stock Exchange (ISX) on 23rd June.
Under the terms of its 15-year licence awarded in 2007, the company, along with Iraq’s two other mobile phone firms, was required to float at least a quarter of its shares on the ISX by August 2011.
To date, only Ooredoo‘s Asiacell has floated.
(IPO image via Shutterstock)