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Iraq Stock Market Report | Iraq Business News

Advertising Feature Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 1st September 2022). Please click here to view a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD934 (+5.1%) / $816 (+5.1%) (weekly change) (+1.7% and +1.4% YTD change, respectively). The number of week traded ....

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Saudi Arabia's PIF buys 24% stake in Jordan's Capital Bank

Saudi Arabia s sovereign wealth fund, the Public Investment Fund (PIF), is to acquire a 23.97 per cent stake in Jordan s Capital Bank Group, which is one of the largest banking groups in the Middl. ....

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Saudi PIF Acquires 24% Stake In Jordan's Capital Bank Group

Saudi PIF Acquires 24% Stake In Jordan's Capital Bank Group
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IFC, National Bank of Iraq Partner to Boost Access to Finance for SMEs, Create Jobs

Baghdad, Iraq, October 24, 2021- To support the growth of smaller businesses in Iraq and help them create jobs and overcome challenges, including from. ....

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Jordan's Capital Bank agrees to buy Bank Audi assets in Jordan and Iraq

Bank Audi has 14 branches in Jordan and five in Iraq. The lenders did not disclose the value of the transaction, which has already been approved by the respective central banks in Jordan and Iraq.
However, Capital Bank said the assets being acquired within each respective market had values of 506 million Jordanian dinars ($713.7m) and 275 billion Iraqi dinars ($231.3m). The acquisitions will increase the value of Capital Bank s assets to 3.6bn Jordanian dinars and its shareholders’ equity to 400m dinars.
Lebanon is undergoing its worst financial and economic crisis since the end of the country s civil war, which has led to many of its banks enter into negotiations to sell off assets to raise capital. Earlier this month, Blom Bank said it has begun exclusive talks with Bahrain’s Arab Banking Corporation (Bank ABC) to potentially sell its Egyptian subsidiary, Blom Bank Egypt. ....

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