The public shareholding companies sector in Iraq is very weak, and there are two reasons:
1- Lack of confidence in corporate management: Why would I put my money in a company that I do not know how it is managed and how much is its profits?
2- Lack of culture or general understanding of shares and their laws.
Despite the reasons for weakness, there are strong factors for the success of the corporate sector in Iraq, including:
1- Funding is available for many sectors of the Iraqi people, and there is a need to invest it in successful projects.
2- There is a very strong popular desire to properly support the national product that achieves results on the ground.
This electronic platform works to enable the masses to establish public shareholding companies for major projects in Iraq, where the great Iraqi expertise is invested in them, in a way that returns profits to the shareholders.
The application enables shareholders to supervise and manage companies that are being built with complete transparency, as all corporate decisions are taken by voting through the application, in addition to fully informing shareholders of all developments in the company's work, sales, profits and expenses on a daily and weekly basis. The company is obligated to make all the exchange minutes available online to the shareholders, and they are not approved until after the majority of the shareholders vote on them. The company is committed to broadcasting the necessary live videos to support profits and sales.
-------------------------------
Disclaimer some graphical design from Vecteezy.com
1- Lack of confidence in corporate management: Why would I put my money in a company that I do not know how it is managed and how much is its profits?
2- Lack of culture or general understanding of shares and their laws.
Despite the reasons for weakness, there are strong factors for the success of the corporate sector in Iraq, including:
1- Funding is available for many sectors of the Iraqi people, and there is a need to invest it in successful projects.
2- There is a very strong popular desire to properly support the national product that achieves results on the ground.
This electronic platform works to enable the masses to establish public shareholding companies for major projects in Iraq, where the great Iraqi expertise is invested in them, in a way that returns profits to the shareholders.
The application enables shareholders to supervise and manage companies that are being built with complete transparency, as all corporate decisions are taken by voting through the application, in addition to fully informing shareholders of all developments in the company's work, sales, profits and expenses on a daily and weekly basis. The company is obligated to make all the exchange minutes available online to the shareholders, and they are not approved until after the majority of the shareholders vote on them. The company is committed to broadcasting the necessary live videos to support profits and sales.
-------------------------------
Disclaimer some graphical design from Vecteezy.com
Show More
