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Friday, May 2, 2025

Dear Channel Subscribers Iraqi Stock Market Update





For those of you who wanted the application to begin investing in the Iraq Stock Market, I was told to hold off. 


I do have the Rabee applications, but I was told that a change was coming that might be easier. 


This was not a source I could legally depend on, but it wasn't a source I wanted to burn, so I waited. 


And guess what? The change was publicly announced.


Iraq Stock Exchange to Go Digital with Tabadul Platform

The Iraq Stock Exchange (ISX) has taken a significant step toward digital modernization by announcing its plan to join the regional Tabadul digital trading platform.



This move will allow cross-border trading between Iraq and other Arab financial markets connected to Tabadul.



ARTICLE: 


The Iraq Stock Exchange (ISX) and the Iraqi Securities Commission have signed a new partnership agreement with the Abu Dhabi Securities Exchange (ADX) to join the Tabadul digital trading platform. This move officially makes Iraq the ninth member of the growing regional platform, which is designed to connect stock markets across borders.


The signing took place at ADX headquarters and follows a preliminary agreement announced back in January 2025. This partnership aims to increase cooperation between Iraq and the UAE in stock trading, especially in terms of using advanced technology and improving how trades are handled before and after they happen.


By joining Tabadul, investors and brokers in Iraq and the UAE can now trade more easily across both markets. The platform allows remote access to different exchanges, meaning Iraqi investors can explore more investment opportunities not just in the region, but globally. It also opens the door to participating in member countries' initial public offerings (IPOs).


Faisal Al-Haimus, Chairman of the Iraqi Securities Commission, called this a major step forward in modernizing Iraq’s financial markets. He said the platform would help build stronger partnerships across the Arab world and support Iraq’s digital transformation in finance.


Jimmy Afham Toma, Executive Director of the Iraq Stock Exchange, said the move helps integrate Iraq more closely with regional markets. Abdullah Salem Al-Nuaimi, CEO of ADX Group, added that the partnership gives Iraqi investors access to millions of investors and nearly 500 companies already listed on the platform. He also noted that trading activity between member exchanges doubled from 2024 to 2025.


Besides Iraq and the UAE, other Tabadul (Google Play App) members include Bahrain, Oman, Kazakhstan, Armenia, and Jordan stock exchanges. Talks are ongoing to bring even more markets on board. Tabadul aims to make cross-border trading easier, more efficient, and more attractive by using advanced digital tools that boost investment and economic growth across the region.