_1780329066.jpg)
Kazakhstan taking on lots of debt to China
40 minutes ago
Iraqi Securities Commission Chairman Faisal al-Haimas announced the imminent launch of the commission's 2026-2028 strategy aimed at transforming Iraq's stock market into a leading regional financial centre, Shafaq News reported on December 29.
The new strategy focuses on comprehensive digital transformation, diversifying investment instruments, deepening liquidity, attracting foreign investments and enhancing transparency whilst protecting investor rights, al-Haimas stated.
The strategy aligns with government directions towards economic reform and financial sector activation. The commission will implement phases according to studied timetables in cooperation with local and international partners to ensure a qualitative leap in Iraqi financial market performance, al-Haimas stated.
The announcement comes as Iraq seeks to modernise its capital markets and attract international investment to support economic diversification beyond oil revenues. The securities commission aims to establish regulatory frameworks meeting international standards whilst developing market infrastructure.
Iraq's stock exchange has operated with limited liquidity and foreign participation compared to regional peers. The strategy signals government commitment to developing the financial sector as part of broader economic reforms.
Don’t just follow the news—understand it.
The IntelliNews PRO service includes access to reports, exclusive market data, and more news that decision-makers care about. Stay ahead of the market with IntelliNews PRO.
Sign Up NowRelated Content
News
Aura Energy targets 2026 FID for Mauritania uranium mine following deal with "major" nuclear utility
Dual-listed Aura Energy targets final investment decision on its Tiris uranium project in Mauritania by end 2026 after signing a strategic MoU with a "major international nuclear utility".
Protesters break through police cordon in Tirana as anger grows over Trump-linked resort project
Protests are part of a wider mobilisation against a $4bn tourism development backed by investors linked to Jared Kushner, the son-in-law of US President Donald Trump.
_0_1780421343.jpg)
Iran seeks Japanese help in rebuilding war-damaged oil sector
Iranian President Masoud Pezeshkian has asked Japan to participate in reconstructing infrastructure damaged in recent US-Israeli attacks, including refineries, in exchange for efforts to restore normal shipping through the Strait of Hormuz.
