Sep 07 2010 |
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Arbil Stock Market to start in 2011
ARBIL: The Arbil Stock Market will start working during the first quarter of 2011, the project's executive director said on Tuesday, explaining that the market startup capital will be around $10 million."This market should become the strategic axis that will transform the economy of Kurdistan from relying on oil revenues to producing income through local and foreign investments," Dr. Nabil al-Ithari told Aswat al-Iraq news agency.
He explained that the market will encourage creativity that will develop Kurdistan's economy.
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