| 2007: Settlement Bank |
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7/11/07 An agreement between Iraq stock exchange and the Middle East for Investment Bank has been made, this agreement select the Middle East for Investment Bank to be the settlement bank for shares trading operations. Middle East for Investment Bank will immediately begin their duties in preparation for a 07/10/2007 launch. The Bank will play a key role in the opening of the ISX to non-Iraqi trading on Thursday, the second of August 2007, a move that will open a new era of commitment to the market by adopting international standards in the investment in Iraq and market principles which will facilitate competitiveness throughout the market. Source : http://www.isx-iq.net |