Archive | Ahmed Tabaqchali

Tabaqchali: "Revisiting the Iraq Thesis, Five Years Later"

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: "Revisiting the Iraq Thesis, Five Years Later" June marked the five-year anniversary of the AFC Iraq Fund - conceived a year earlier amidst […]

Market Review: "Lockdown Iraq and the Month of Sundays"

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: "Lockdown Iraq & the month of Sundays" Iraq, like other countries, went into full lockdown on March 16th that was only partially lifted […]

Market Review: "Iraq, Oil Prices and the Coronavirus"

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 herd instinct among forecasters makes sheep look like independent thinkers" -- Edgar Fielder The crash in oil prices, brought on by the oil price […]

Market Review: "Foreigners Sell, Locals Buy"

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. By February's end the market, as measured by the Rabee Securities RSISX USD Index (RSISUSD), was down -3.7%.  The month saw a continuation of the […]

Market Review: “A Tale of Two Markets”

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 year for Iraq, and its equity market, started with two momentous events that raised the feared spectre of a US-Iran proxy war fought in […]

2019 Market Review and 2020 Outlook

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. Stop the Press: Just as this article was being readied for publication, the news came of a US strike in Baghdad that targeted a car […]

Market Review: “Fundamentals on the Upswing ...”

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: “Fundamentals on the Upswing, Market continues to Bottom” The demonstrations which resumed in the last week of October persisted into November and seem […]

Tabaqchali: Market continues to Bottom, while Breadth Broadens

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: “Market continues to bottom, while breadth broadens” Demonstrations resumed during the last week of October, following a two-week lull since they started. While […]

Market Review: “The Economy, the Protests and the Govt”

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 Economy, the Protest Movement and the Government” In early October Iraq, Baghdad in particular, erupted in massive demonstrations, that at the time […]