» Home » Business News Iraq Directory Services Plans Subscription Contact us Site Map Help About Iraq Iraq opens up stock exchange for foreigners The CEO of the Iraqi Businessmen Union announced that Arab and foreign investors are now allowed to enter the Iraqi securities market and invest up to 49 percent in the shares of listed Arab companies, Alkhaleej newspaper reported. According to the newspaper, the CEO added that the management of the stock exchange is expected to prepare the financial and administrative rules establishing a special section for Arab and foreign investors. Experts have said that the move is vital to the improved development of the Iraqi financial market. Source: MENAFN.com © 2002-2004 Iraq Directory - All Rights Reserved