Cooperation between Iraqi and Abu Dhabi Stock Exchanges

By John Lee.

Prime Minister Mohammed S. Al-Sudani met with Abdullah Salem Al-Nuaimi, CEO of Abu Dhabi Securities Exchange (ADX), to discuss enhancing cooperation and expanding private sector engagement to support economic growth.

During the meeting, the Prime Minister oversaw the signing of a Memorandum of Understanding (MoU) between the Iraqi Securities Commission (ISC) and ADX.

The MoU, signed by Iraqi Securities Commission Chairman Faisal Wissam Al-Haimus and Mr. Al-Nuaimi, aims to strengthen Iraq's financial sector by fostering regional cooperation, attracting foreign investments, and promoting economic integration with the UAE.

Prime Minister Al-Sudani highlighted the importance of leveraging advanced technologies and aligning with global best practices to enhance the Iraqi financial market's capabilities and ensure sustainable growth. The agreement is expected to lay the foundation for further collaboration in financial services, mutual investments, and knowledge-sharing between the two countries.

(Source: PMO)

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