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Bloomberg on ISX


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Just watched interview on Bloomberg

Direct TV channel 353

In business with Marsha Lee Brennen

She was interviewing Shawan Taha

The Rabee Securities Chairman.

All positive news.!

I dont usually see much on Iraq.

I think the World is starting to notice their potential.

This aired at approx 10:48 EST

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here are points to take away from the interview:

  • The market is just opening up to foreign investors
  • Opportunites are primarily in the banking sector
  • Change coming in very near future hopefully with the mobile operator IPOs
  • Mobile operator IPOs will change lay of the land and bring in more entrepreneurs to seek capital from the ISX
  • New hedge funds & frontier market funds have recently been setup that will invest in Iraq if they will be worth their weight
  • 10% of the market capital is from foreigners
  • No hurdles prevent transfer of monies in or out of Iraq
  • No restrictions on number of shares one can hold
  • Bureacracy is a killer to the economy

that pretty much sums up the points made Shawan Taha

Thanks for the help.

Sure looks like the guy is trading USD for IQD.

I Cant see the USD clearly enough.

pay no attention whatsoever to the video playing during the interview. it is very old and is continually replayed as a filler. bloomberg pretty much reaches into the video archive and plays that video when interviewing someone from iraq.

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here are points to take away from the interview:

  • The market is just opening up to foreign investors
  • Opportunites are primarily in the banking sector
  • Change coming in very near future hopefully with the mobile operator IPOs
  • Mobile operator IPOs will change lay of the land and bring in more entrepreneurs to seek capital from the ISX
  • New hedge funds & frontier market funds have recently been setup that will invest in Iraq if they will be worth their weight
  • 10% of the market capital is from foreigners
  • No hurdles prevent transfer of monies in or out of Iraq
  • No restrictions on number of shares one can hold
  • Bureacracy is a killer to the economy

that pretty much sums up the points made Shawan Taha

pay no attention whatsoever to the video playing during the interview. it is very old and is continually replayed as a filler. bloomberg pretty much reaches into the video archive and plays that video when interviewing someone from iraq.

You spelled it out to a TEE !! These are points a lot of folks arent seeing. Great post.

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