Iraqi government to review draft capital market bill
Iraqi government to review draft capital market bill
28 May 2007 (MENAFN)A representative of the General Institution of the Iraqi Securities Market said that during discussions the entity has re-elected a former official of the organization as Chairman of the Trustees Board and that the country’s draft capital market bill is expected to be finalized through these measures, Iraq Directory reported.
He further stated that the issuance of Iraq’s market bill the will stimulate stock market investment activity and will in return meet the needs of several Iraqi investors.
It is noteworthy that the most significant achievements of the establishment include opening up to investors, obtaining modern head offices, achievement of preparations for electronic trading, and permitting non-Iraqis to join the organization. IraqUpdates