Signing of a shareholder registration and deposit agreement between the Securities Depository Center and Al-Alamiah Insurance Company on the OTC platform for non-disclosing companies

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  • Post last modified:August 19, 2026

The Iraqi Securities Depository Center (ICSD) signed a shareholder registration agreement with Al-Alamiah Insurance Company on Sunday, July 26, 2026, for the inclusion of the company’s shareholders on the Over-the-Counter (OTC) platform.

The agreement was signed by Mr. Ali Jamal Amin, CEO of the Iraq Stock Exchange, and Mr. Shihab Ahmed Ali, Managing Director of Al-Alamiah Insurance Company, whose capital is 18 billion Iraqi dinars.

This signing is part of fulfilling the requirements for listing the company on the OTC platform, in accordance with applicable rules and regulations. It contributes to enhancing transparency, regulating securities ownership, and protecting shareholders’ rights.

Both parties affirmed that this step represents a significant addition to the development of the Iraq Stock Exchange and supports efforts to strengthen investor confidence and broaden market participation.