Feasibility Study of Establishing a Financial Market in Erbil City.

Mama, Neshteman N.; Dhahir, Bavel F.; Muhammad, Bakhtiar S.

doi:10.33899/tanra.2024.152885.1401

	Feasibility Study of Establishing a Financial Market in Erbil City.
TANMIYAT AL-RAFIDAIN
Volume 44, Issue 145, March 2025, Pages 68-90 PDF (790.56 K)
Document Type: Research Paper
DOI: 10.33899/tanra.2024.152885.1401
Authors
Neshteman N. Mama¹; Bavel F. Dhahir²; Bakhtiar S. Muhammad^* ³
¹Department of Economics , College of Administration and Economics, University of Salahaddin,Erbil, Iraq
²Erbil Technical University, Erbil Technical College, Erbil, Iraq.
³Department of Economics , College of Administration and Economics, University of Salahaddin,Erbil, Iraq.
Abstract
Erbil is witnessing rapid economic growth, highlighting the urgent need for an advanced financial market to meet the demands of the expanding economy. This study aims to analyze the economic feasibility of establishing a stock market in Erbil through a comprehensive analysis based on the collection and evaluation of financial and economic data. The study will assess the expected economic benefits of establishing this market, including enhancing investments, improving financing mechanisms, and increasing business opportunities. It will also identify potential challenges that may arise, such as regulatory issues and the existing financial infrastructure. Practical recommendations will be provided to support the establishment of a successful and robust financial market. The expected results of this study indicate that creating a stock market in Erbil will not only strengthen the local economy but will also attract more local and international investments and increase the level of transparency in financial transactions. Moreover, this market could play a key role in developing other economic sectors and supporting sustainable growth in the region
Keywords
Economic Feasibility Study; Commercial Profitability Criteria; Stock Market; Erbil City

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