By John Lee. The Iraqi Securities Commission (ISC) has published its main financial and economic indicators for 2024, highlighting significant growth in the performance of the Iraqi stock market. It said in a statement that the report reflects increased confidence in the market's role in supporting the national economy. Overview of Listed Securities Total Listed […]
By John Lee. During an official visit to Abu Dhabi, Iraqi Securities Commission (ISC) President Faisal Al-Haimus met with Abdulla Salem Alnuaimi, CEO of Abu Dhabi Securities Exchange Group (ADX), to explore enhancing collaboration between the Iraqi Stock Exchange (ISX) and ADX. Discussions focused on integrating ISX into the Tabadul Digital Exchange Hub, a cross-border […]
By John Lee. The Iraq Securities Commission (ISC) has published its report for Q2 2024. The report includes detailed analyses of financial market performance, economic growth indicators, and a comprehensive assessment of the challenges and opportunities facing the financial sector during this period. The commission said it aims to enhance transparency and provide essential information […]
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kadhimi's Rolling Reshuffle (Part 2): Protecting Iraq's Economic Institutions and Borders On September 14, Baghdad announced a range of strategic leadership appointments for institutions tasked […]
By John Lee. The Chairman of the state-owned Trade Bank of Iraq (TBI) has been chosen as the new head of the Iraq Securities Commission (ISC). Faisal Al-Haimus (pictured) will take over from Dr. Alaa Abdulhussein Al-Saeidi as Chairman of the regulator. Grant Felgenhauer, Managing Partner at Euphrates Advisors, an investor on the Iraq Stock […]
Nasdaq Inc. (Nasdaq:NDAQ) and the Iraq Stock Exchange (ISX) have signed a new agreement to extend their market technology relationship. As part of the agreement, Nasdaq will continue providing ISX with matching engine and central securities depository (CSD) technology. This new agreement marks the next chapter of a technology partnership between Nasdaq and ISX which […]
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 […]
Hedge fund industry journal Alpha Week is reporting that in the month of May 2019 Northern Gulf Partners’ investment fund Iraq Investment Partners I (IIPI) was the world’s best performing emerging markets hedge fund according to data compiled by the BarclayHedge Global Hedge Fund database. IIPI increased 13.57% net of all fees during the 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 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 […]
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 […]
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, declined by -1.7% in March, bringing the YTD decline to -13.9. Turnover, while up +23% […]
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 […]
