07 September 2010
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.
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.
© Aswat Aliraq 2010
