Tag Archives | Foreign investment

"Approval Required" for Majority Foreign Ownership of Iraqi Companies

By John Lee. According to information from Rabee Securities, the approval of the Iraqi Securities Commission (ISC) will be required in every case where foreign ownership of a company exceeds 49 percent. The brokerage house says the ISC informed the Board of Governors of the Iraq Stock Exchange (ISX) of the change on Wednesday 6th […]

A new generation of Impact Investment, an opportunity for Iraq?

By Madeleine White, capacity building specialist and co-founder of Nina-Iraq Magazine, Director of Impact, Challenges. On International Women's Day last year I was in Kurdistan, addressing an audience of hundreds of men and women looking to celebrate the strides women had made in both Kurdistan and Iraq as a whole. This year I spent the day in the City […]

Standard Chartered makes New Appointment for Iraq

By John Lee. Standard Chartered has announced the appointment of Ahmed Muallah as Managing Director and Head of its Wholesale Banking business in Iraq. Commenting on the appointment, Gavin Wishart, Chief Executive Officer, Standard Chartered Iraq said: “This appointment comes as another testament to our long term commitment to Iraq. Standard Chartered is bringing its best international financial business […]

French Delegation Arrive in Baghdad

By John Lee. The French Ambassador in Baghdad Dennis Gauer (pictured) has accompanied a delegation from the French Foreign Ministry including Jean Francois Giraud,  Head of the North Africa and Middle East Department at the ministry. Iraqi Foreign Minister Hoshyar Zebari and his ministry's head of the Europe Department greeted the delegation, and issues such […]

ISX safe from Japanese fallout

So far the Japanese earthquake, tsunami, and nuclear disaster have had surprisingly little impact on emerging markets. While the Nikkei is down 13% since the quake (as of March 17), the MSCI emerging markets index has fallen only 3%. And in Iraq, Rabee Securities’ RSISX is actually up 0.4%. Emerging markets could continue to slide, […]