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First Licence for Foreign Securities and Commodities Trading in Iraq

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First Licence for Foreign Securities and Commodities Trading in Iraq
First Licence for Foreign Securities and Commodities Trading in Iraq

The Iraq Securities Commission has approved Baghdad-based Al-Arqam Brokerage to operate in foreign securities and commodities markets, making it the first Iraqi company to receive this type of licence under Regulatory Directive No. 35 of 2025.

According to the commission, the licence was granted after Al-Arqam completed all required legal, technical, and regulatory conditions. Officials said the goal is to create a safer trading environment while protecting investor rights and improving market transparency.

The commission added that the decision is part of Iraq’s wider plan to modernize the financial sector, increase investment opportunities, and strengthen connections between Iraq’s local markets and international financial markets.

The move is also seen as an important step toward expanding Iraq’s role in regional and global investment activity as the country continues efforts to develop its banking and financial systems.