Tag Archives | Ahmed Tabaqchali

Market Review: Elections, the Economy and the Stock Market

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Review:  The Elections, the Economy and the Stock Market A key aspect of the Iraq investment opportunity is arbitraging the delta between real and […]

Market Review: Market Consolidates & Banks Correct

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market’s consolidation continued for the second month running with both turnover and the market continuing to decline. Average daily turnover declined by about -57% […]

Market Review: Market Consolidates

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market consolidated its recent gains with both prices and turnover declining from those of the prior month. Average daily turnover declined by about 15% […]

Market Review: Momentum & High-Quality Leadership

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The positive momentum which started during the second half of January continued unabated throughout February with both prices and turnover increasing meaningfully. The market, […]

“It’s Not the Donations, Stupid”: Key Points from Kuwait Conference

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. ‘It’s Not the Donations, Stupid’: Key Points from the Kuwait Conference With a few exceptions, the coverage of the “Kuwait International Conference for the […]

Market Review: A Tale of Two Halves & Liquidity

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market in January was a tale of two halves. The first half started with a whimper with turnover declining 40% from December’s levels […]

Iraqi Stock Market: Review of 2017 & Outlook for 2018

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market continued to build on the November recovery, up +3.0% for the month, with locals picking up the buying interest from foreigners, whose […]

November Market Review: Tentative Recovery

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The dog days of the summer extended from October into the first 10 days of November, as the 40 day Arba’een pilgrimage came to […]

Rosneft in the Kurdish Region: Moscow’s Balancing Act

By Ahmed Tabaqchali. Originally published by Iraq in Context; re-published by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Between February 2017 and mid-October, Rosneft signed a number of deals with the Kurdish Regional Government (KRG) that established for it, […]

October Market Review: Changed Oil Dynamics & Liquidity

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. October was mostly a replay of the dog days of the summer as far as the market was concerned. However, two developments are worth […]