Basra Iraq Securities joins Tabadul
The Abu Dhabi Securities Exchange officially announced the addition of the Iraq Stock Exchange to the "Tadawul" platform, with direct trading between the two markets now underway. This is a pioneering step in the region, connecting more than 11 markets with a combined market cap exceeding one trillion dollars. It allows Iraqi investors to trade their securities directly through a single platform, with settlement in local currencies and without the need for dual listing or custodian services. This integration contributes to strengthening regional cooperation, boosting liquidity, and expanding investment opportunities between Iraq and Abu Dhabi, supporting sustainable economic growth in the region.
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