Iraq’s Communications and Media Commission (CMC) will fine mobile operator Zain Iraq for its failure to list on the Iraq Stock Exchange (ISX), as required under a condition of its operating licence. Reuters cites a CMC senior official as saying that Zain, a unit of Kuwaiti firm Zain Group, will be fined USD12,864 per day since 1 September 2011, after last August missing an initial deadline to list on the local bourse
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