Securities Commission calls for companies operating in Kurdistan to list its shares on the market
04/04/2015
BAGHDAD
The head of Securities Commission operating in Kurdistan companies to engage in Arbil Stock Exchange as companies contribution, as he emphasized that the region provided all the facilities and privileges granted to companies wishing to drawers.
The head of the Securities Commission Abdul Razzaq al-Saadi said in an interview for the "long" "The Kurdistan Regional Government has provided many facilities to the management of the market through its participation as a shareholder and granted many privileges in good sign for the development of investment," noting that "operating in the region, companies do not want to Inclusions own reasons, which requires the submission of a lot of facilities and exemptions which it deems appropriate for the purpose of supporting those companies for inclusion. "
Saadi said: "The Securities Commission and the Iraqi market for securities, support the establishment of Erbil Stock Exchange to promote investment service of the national economy, in addition to the Erbil Stock Exchange is ready to work the trading system after adjustment Iraq Stock Exchange system, the electronic trading Horizon to X-stream, which is the most sophisticated system in the world, as well as those enjoyed by the high flexibility to meet the growing needs of the market. "
It is clear that "market Erbil Securities late for work because of the lack of companies accept the drawers where, "pointing out that" the stock market and Iraq Securities Commission, seeking to convert a number of companies in the Kurdistan region into joint stock companies to facilitate the inclusion in the market, as well as the number of working in banks the region. "
said Saadi said "the Securities Commission organized a number of seminars and conferences in the Kurdistan region to raise the idea of the work of Erbil market and ways to success," adding that "the Kurdistan region has become a center for attracting capital and investors in the Middle East, and a large turnout on business opportunities in various sectors and take advantage of the privileges granted by the Government of the Territory under the law prepared for it. "
It is noteworthy that the investment in the Kurdistan region indicated the existence of 716 local company or Arab or foreign invested in the region nearly $ 41 billion currently, "indicating that" the delay in adoption of the state budget security and political developments have affected the implementation of projects of these companies because of the departure of a significant proportion of foreign workers that depend on them. "
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04/04/2015
BAGHDAD
The head of Securities Commission operating in Kurdistan companies to engage in Arbil Stock Exchange as companies contribution, as he emphasized that the region provided all the facilities and privileges granted to companies wishing to drawers.
The head of the Securities Commission Abdul Razzaq al-Saadi said in an interview for the "long" "The Kurdistan Regional Government has provided many facilities to the management of the market through its participation as a shareholder and granted many privileges in good sign for the development of investment," noting that "operating in the region, companies do not want to Inclusions own reasons, which requires the submission of a lot of facilities and exemptions which it deems appropriate for the purpose of supporting those companies for inclusion. "
Saadi said: "The Securities Commission and the Iraqi market for securities, support the establishment of Erbil Stock Exchange to promote investment service of the national economy, in addition to the Erbil Stock Exchange is ready to work the trading system after adjustment Iraq Stock Exchange system, the electronic trading Horizon to X-stream, which is the most sophisticated system in the world, as well as those enjoyed by the high flexibility to meet the growing needs of the market. "
It is clear that "market Erbil Securities late for work because of the lack of companies accept the drawers where, "pointing out that" the stock market and Iraq Securities Commission, seeking to convert a number of companies in the Kurdistan region into joint stock companies to facilitate the inclusion in the market, as well as the number of working in banks the region. "
said Saadi said "the Securities Commission organized a number of seminars and conferences in the Kurdistan region to raise the idea of the work of Erbil market and ways to success," adding that "the Kurdistan region has become a center for attracting capital and investors in the Middle East, and a large turnout on business opportunities in various sectors and take advantage of the privileges granted by the Government of the Territory under the law prepared for it. "
It is noteworthy that the investment in the Kurdistan region indicated the existence of 716 local company or Arab or foreign invested in the region nearly $ 41 billion currently, "indicating that" the delay in adoption of the state budget security and political developments have affected the implementation of projects of these companies because of the departure of a significant proportion of foreign workers that depend on them. "
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