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Tabaqchali: Banks to Fuel the Iraqi Market s Next Phase

By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Banks to Fuel the Market's Next Phase The market, as measured by the Rabee Securities RSISX USD Index, was up 16.3% for the month and up 65.5%

Rolling blackouts, sudden shutdowns: Extreme heat boils and roils in the the Middle East

At the beginning of this month, as a thermal dome pushed temperatures in parts of the Middle East past 122 degrees, Iran ordered a two-day shutdown of schools, banks and public institutions, which helped relieve the burden on the nation’s faltering power grid.

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