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Securities: There is a foreign investment portfolio within the market amounting to $250 million
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Economy News - Baghdad
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Added 10/02/2023 - 12:00 PM
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Economy News - Baghdad
The Executive Director of the Iraq Stock Exchange, Taha Abdul Salam, confirmed today, Monday, that banks are encouraged to activate the custodian system to support investments.
Abdul Salam said during the World Investor Day conference organized by the Iraqi Securities Commission and followed by Al-Eqtisad News, “There is a conviction that since 2008, investment began in direct trading in the Iraqi market through the foreign investor through the formation of foreign investment portfolios.”
He added, "One of the portfolios exceeded $250 million in the Iraqi market," noting, "encouraging banks to activate the custodian."
Abdul Salam said during the World Investor Day conference organized by the Iraqi Securities Commission and followed by Al-Eqtisad News, “There is a conviction that since 2008, investment began in direct trading in the Iraqi market through the foreign investor through the formation of foreign investment portfolios.”
He added, "One of the portfolios exceeded $250 million in the Iraqi market," noting, "encouraging banks to activate the custodian."
Views 21
Added 10/02/2023 - 12:00 PM
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