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BAGHDAD - Hussein ثغب Tamimi
continues to focus on the importance of activating the work of the stock exchange and access levels to compete with regional bourses through the expansion of attracting investment and the adoption of advanced systems, especially as the preparations list to enter the market Arbil Securities to work during the coming period. chief Securities Abdul Razzaq al-Saadi said: in an interview (morning) that the Securities Commission supporting the President to develop the mechanisms of action of securities in the country, pointing to the importance of meetings continued between the stock exchanges of Baghdad, Arbil, which will stage work and trading during the coming period. organizing efforts and said Saadi to that markets will work through the center of the deposit and one regulates its efforts to activate the work and achieve success by providing full support for attracting investments in the stock market and make them compete with regional bourses, indicating Saadi said the operations of lower trading and height is something natural in all world stock exchanges and is a healthy state after saw volume rise gradually and continuously. He pointed out that the decline occurred during the holy month of Ramadan last year is normal happens every year since the beginning of the nineties. dollar exchange rate and said Saadi said the volatility witnessed by the dollar exchange rate during the last period impacted negatively on the reality of trading, as the capital invested in the stock market went each to trading on market supply and demand of foreign currency out of circulation, indicating that the stability of the currency exchange rate helps to activate trading within the Iraqi market for securities, also contributes greatly to the stability of the capital market and the development of economic sectors, all of them. high transparency and between Saadi said the market economy does not allow the existence of a black market for coins or other, but must be kits offer or demand is open to the buyer and seller, and this is sought by the Authority and the Iraqi market for securities., and added that the Commission, in cooperation with the Central Bank urges all financial institutions to Listing on the stock exchange, because it holds many positives for those institutions, mainly high transparency in the enterprise data, which leads to the clarity of the track to the institution in front of all the shareholders and raises significant institution. the world of finance and economics and out of the country from the provisions of Chapter VII said Saadi conflicting views on the activation of the investment process in the country over the past years, The reason for the harsh sentences imposed on the country for three and a half decades. But the change immediately after the withdrawal of Iraq from the provisions of Chapter VII, and became the focus of attention of the blocks of international economic clearly and heavy. , and stressed that the coming period requires hard work to develop the banking sector, pointing out that the process of economic development can not be successful away from the banking sector sophisticated and this is not بالصعب After running out of Iraq from the provisions of Chapter VII and became the focus of the confidence of the world of finance and economics from New All that it takes legislation dolly for the exercise of banks banking products with dye investment. monetary mass compacta He added that the development of this sector helps the independence of the monetary mass compacta and in large quantities for the purposes of development in all sectors economic, indicating that the money compacta can be invested in vital projects achieve economic feasibility great for the country, and thus can be employed in the course of capital within the country, is important to restore confidence in the role of banks not to operate in some quarters hurting her intentionally or unintentionally. said Saadi to the importance of communicating with global economic institutions to classify Iraq internationally, where there are major institutions working on the classification of countries economically and this in turn is rated for support global investment serves all facilities economy productivity and service without exception., and he reiterated that exceeded the provisions of Chapter VII has signed a major positive on the investment, construction and overall Facilities economy, production and service, especially that it is restricted, according to investors and can not work in the atmosphere prior to the absence of guarantees, as the country became more freedom in the process of transferring funds abroad to complete the economic processes different. private sector integrated and student-Saadi work on the importance of communication with the global economic institutions for the classification of Iraq internationally, according to visions of transition towards a market economy and what fits the transition of these, because the regulations adopted and currently in force under a lot of reservations, noting that the advancement of the private sector requires a process of real reform of the financial sector, because the economic transition requires the presence of a private sector integrated capable on the management of the economic file as well as the banking sector is able to provide a product banking comparable to what they offer global banks. At the detailed Securities said Saadi that the work is going to expand investments to non-Iraqis, said looking forward to the contribution of one of the international financial institutions to activate the service custodian coincides with the decision to lift the the provisions of Chapter VII on Iraq and this contributes to activate the securities sector confidence and increases the speed and volume of the market.
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BAGHDAD - Hussein ثغب Tamimi
continues to focus on the importance of activating the work of the stock exchange and access levels to compete with regional bourses through the expansion of attracting investment and the adoption of advanced systems, especially as the preparations list to enter the market Arbil Securities to work during the coming period. chief Securities Abdul Razzaq al-Saadi said: in an interview (morning) that the Securities Commission supporting the President to develop the mechanisms of action of securities in the country, pointing to the importance of meetings continued between the stock exchanges of Baghdad, Arbil, which will stage work and trading during the coming period. organizing efforts and said Saadi to that markets will work through the center of the deposit and one regulates its efforts to activate the work and achieve success by providing full support for attracting investments in the stock market and make them compete with regional bourses, indicating Saadi said the operations of lower trading and height is something natural in all world stock exchanges and is a healthy state after saw volume rise gradually and continuously. He pointed out that the decline occurred during the holy month of Ramadan last year is normal happens every year since the beginning of the nineties. dollar exchange rate and said Saadi said the volatility witnessed by the dollar exchange rate during the last period impacted negatively on the reality of trading, as the capital invested in the stock market went each to trading on market supply and demand of foreign currency out of circulation, indicating that the stability of the currency exchange rate helps to activate trading within the Iraqi market for securities, also contributes greatly to the stability of the capital market and the development of economic sectors, all of them. high transparency and between Saadi said the market economy does not allow the existence of a black market for coins or other, but must be kits offer or demand is open to the buyer and seller, and this is sought by the Authority and the Iraqi market for securities., and added that the Commission, in cooperation with the Central Bank urges all financial institutions to Listing on the stock exchange, because it holds many positives for those institutions, mainly high transparency in the enterprise data, which leads to the clarity of the track to the institution in front of all the shareholders and raises significant institution. the world of finance and economics and out of the country from the provisions of Chapter VII said Saadi conflicting views on the activation of the investment process in the country over the past years, The reason for the harsh sentences imposed on the country for three and a half decades. But the change immediately after the withdrawal of Iraq from the provisions of Chapter VII, and became the focus of attention of the blocks of international economic clearly and heavy. , and stressed that the coming period requires hard work to develop the banking sector, pointing out that the process of economic development can not be successful away from the banking sector sophisticated and this is not بالصعب After running out of Iraq from the provisions of Chapter VII and became the focus of the confidence of the world of finance and economics from New All that it takes legislation dolly for the exercise of banks banking products with dye investment. monetary mass compacta He added that the development of this sector helps the independence of the monetary mass compacta and in large quantities for the purposes of development in all sectors economic, indicating that the money compacta can be invested in vital projects achieve economic feasibility great for the country, and thus can be employed in the course of capital within the country, is important to restore confidence in the role of banks not to operate in some quarters hurting her intentionally or unintentionally. said Saadi to the importance of communicating with global economic institutions to classify Iraq internationally, where there are major institutions working on the classification of countries economically and this in turn is rated for support global investment serves all facilities economy productivity and service without exception., and he reiterated that exceeded the provisions of Chapter VII has signed a major positive on the investment, construction and overall Facilities economy, production and service, especially that it is restricted, according to investors and can not work in the atmosphere prior to the absence of guarantees, as the country became more freedom in the process of transferring funds abroad to complete the economic processes different. private sector integrated and student-Saadi work on the importance of communication with the global economic institutions for the classification of Iraq internationally, according to visions of transition towards a market economy and what fits the transition of these, because the regulations adopted and currently in force under a lot of reservations, noting that the advancement of the private sector requires a process of real reform of the financial sector, because the economic transition requires the presence of a private sector integrated capable on the management of the economic file as well as the banking sector is able to provide a product banking comparable to what they offer global banks. At the detailed Securities said Saadi that the work is going to expand investments to non-Iraqis, said looking forward to the contribution of one of the international financial institutions to activate the service custodian coincides with the decision to lift the the provisions of Chapter VII on Iraq and this contributes to activate the securities sector confidence and increases the speed and volume of the market.
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