The Iraqi stock exchange announced that the stock in Erbil will be fully operational by the end of 2014. It will be a qualitative addition in the investment of the country. Kurdistan will surely complain about the lack of companies listed in the Erbil stock exchange in the beginning. According to recent report, only 5 companies are listed in the Erbil stock exchange out of 21000 companies.
In the collaboration with the securities commission in Iraq and the supreme council of the economy in the Kurdistan region, the economic seminar was held by council of securities in the city of Erbil. The head of supreme council of the economy Mr.Saadi announced that the stock market of Erbil will be the quality addition in the investment of Iraq and it will start working very soon in the country. There are only five companies in the Erbil province of Iraq and hopefully will be increased very soon. The limited companies in Kurdistan will be converted in joint stock companies to increase the number of joint stock companies listed in the Erbil.