Tag Archives | Ahmed Tabaqchali

Market Review: “Heatwaves and Budget Surpluses”

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 took a breather, after the blistering May rally, to end the month down -0.71% as measured by the Rabee Securities RSISX USD Index […]

Iraqi Stock Market wakes up from its Slumber

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 finally woke up from its multi-month slumber, increasing by +14.7% for the month as measured by the Rabee Securities RSISUSD Index, in the […]

The Entrepreneurial Spirit of Iraq’s Civil Movement

By Ahmed Tabaqchali, for 1001 Iraqi Thoughts. Iraq’s new entrepreneurial generation of civil activists’ sense of civic duty flourished during the trauma brought by the ISIS takeover of a third of the country in 2014, and has continued to grow since then as reviewed in a recent report. The report into “A New Generation of […]

Market Review: “Economy continues to Recover”

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, as measured by the Rabee Securities RSISUSD Index, increased by +2.5% in April, bringing the YTD decline to -11.8%. Average daily turnover, excluding […]

Market Review: “An Ugsome Ugly Month”

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 Iraqi market, as measured by the Rabee Securities RSISUSD Index, declined by -9.7% in February, taking the year to date decline to -12.5%. February’s […]

Market Review: “Money makes the World go Round”

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 Iraq Stock Exchange (ISX), as measured by the Rabee Securities RSISUSD Index, started the year not with a bang but with a whimper, as […]

Market Review: 2018 Review and Outlook 2019

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. December 2018 was probably the worst month in a decade for global equities, however the month’s sharp declines are eerily similar to those that drove […]

A Review of Iraq’s 2019 Budget Proposal

By Ahmed Tabaqchali, for 1001 Iraqi Thoughts. The proposed budget law, prepared by the prior government and adopted by the current one (with some minor revisions), resembles the ongoing negotiations on completing the formation of the government. Just as the participants in these negotiations had left behind the pretence of responding to popular demands and […]

The Economic Perils of Youth Nostalgia for Authoritarianism

By Ahmed Tabaqchali, for 1001 Iraqi Thoughts. The Economic Perils of Iraqi Youth’s Nostalgia for the Return of Authoritarianism Although Iraqi youth’s nostalgia for authoritarianism in the form of a powerful presidential system as a cure to their country’s ills is understandable, the economic costs of Turkey’s increasing move toward such a system over the […]