Page 13 - ISX Year Book 2023 EN

Iraq Stock Exchange’s Annual Report 2023

1. Follow up of the joint stock companies’ disclosure statements by the ISC with the
sectoral bodies.
2. The keen interest of shareholders, auditors, sectoral bodies, and the Ministry of Trade's
Registration of Companies Department (Tasjeel) in scrutinizing business results and
decisions announced by joint-stock companies at their AGMs.
3. Commitment of the majority of ISX-listed companies to submitting annual disclosure
statements within the observed legal deadlines.
4. Distribution of annual dividends by a number of listed companies.
5. Signing major deals, and the changes that took place in a number of banks’ shareholding
structure piqued the interest of new portfolios and investors in the stock market.
6. Not resorting to suspend trading of joint-stock companies as a result of their degree of
compliance with disclosure requirements, and adopting an alternative mechanism that
involves changing the company’s standard and classification from the Primary platform
to the Second, Poor-disclosed or Undisclosed ones.
7. The success of the Iraq Stock Exchange in implementing relevant electronic trading
regulations and anti-money laundering rules in an efficient manner, and holding
violators accountable in accordance with these legislations, which produced a stable,
disciplined market and transparent transactions.

Al Rabee Brokerage Company application indicators for the year 2023

Al Rabee Application is an App managed by Al Rabee Securities Brokerage Company that
provides attractive services by facilitating the process of issuing investors’ buy and sell orders.

The application continued for the second year in a row, achieving growth rates in all indicators,
as the second version of the Al Rabie application was activated based on the approval of the
Securities Commission in its letter No. 5/1752 dated 8/17/2023.

The most important results of 2023 are as follows:

1. The application was installed during the year 2023 with 2,690 installations, including 1,407
for the Android operating system, and 1,283 for the IOS operating system.

2. By the end of 2023, 407 active investors are dealing through the application. Issuing purchase
and sale orders.

3. The application contributed to attracting 323 new Iraqi investors, most of them young people,
to open an account with Al Rabee Company and deal through the application.

4. Activating electronic payment services by linking the application to the Zain Cash service,
where the feature of withdrawing and depositing to and from the Zain Cash wallet from within
the application was added, since October 2023. 112 financial transactions were successfully
carried out through this service, and the total amount of money was Deposited by investors was
25,301,500 IQD, while the total funds withdrawn was 2,128,911 IQD.

11