The Recovery Of The Iraqi Dinar !

[DinarThug]

7 hours ago, DinarThug said:

Farouk Yousef

link

 

5 hours ago, FROSTYJACK said:

 Well you got me Thug. I thought this was a serious article until I got to the end and you told me to Farouk myself 🤓

 

LMFAO !  

 

 

Sorry About That Jack - That Was Meant For One Of The Many Gurus Who All Get Their News From DV !  

 

     

[DinarThug]

Iraqi Election Commission announces completion of preparations for the upcoming elections

 

Erbil - Iraq Press - 23 April: The Independent Electoral Commission announced on Monday, the completion of all preparations for the elections of the House of Representatives on the twelfth of next month.

 

"The Commission has distributed nine million electronic cards to vote on voters so far, noting that the Commission has deleted about six hundred thousand names of deceased and repeated names."

 

"The Commission opened 20 polling stations in Sulaymaniyah and 15 centers in Erbil to enable displaced people from the provinces of Kirkuk, Nineveh, Salahuddin and Anbar to cast their votes," Mohiuddin said. Finished

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[DinarThug]

Now Here Be That Wicked Thugb !  

 

     

 

 

Challenges of economic reform at the expert table

24/4/2018 12:00 am 

 

At the gathering of academics and field students 

Baghdad / Hussein Thugb 

When the determinants of evolution are on the table of experts, access to effective treatments is easy. Solutions are presented through experiences that combine the theoretical aspects with the actual work field, leading to a qualitative output that contributes to a better life. 

The scientific conference, which was sponsored by the Ministry of Higher Education and Scientific Research, tackled the challenges facing the reform process in a country that seeks to advance after wiping out the dust of the war so that the country can rebuild and build. 

Challenges and reform 

Undersecretary of the Ministry of Higher Education Salam Khoshna stressed "the importance of standing up to the challenges and reform we seek, and stress the need for public institutions to provide the appropriate environment for the advancement of social and economic joints." 
He called on the conference organized by Mansur College to form a Higher Council for Education in Iraq, which paints all stages of comprehensive reform, not to the impact of this conference in the stages of development development. 
"Education is capable of building a building block," he said. "It is important to review and amend the legislation in force." 

Achieve integration 

Dean of the Faculty of Mansur University, Dr. Abdul Rasool Abdul Jassim said: "The country is in need of the consolidation of the relationship between the effort and the academic and field, with the aim of achieving integration benefits to Iraq, which has declined its economy over the past decades a lot." 
Jassim stressed that "human resources need to prepare for a new stage is the direction towards work and reconstruction, which requires all disciplines without exception, which requires us to enhance the educational capacity and be our outputs at the level that requires the volume of work in Iraq." 

Global developments 

Expert in the financial sector d. "The globalization of Islamic financial services and the development of Islamic contracts should be developed in line with developments taking place at an accelerated pace," he said. 
"The importance of focusing on the governance of Islamic banking work to support economic reform through the provision of advanced products, especially after the issuance of a guide to corporate governance of banks by the Central Bank of Iraq, which is characterized by the existence of bilateral governance resulting from the existence of two different boards, namely the Board of Directors to monitor the administrative side of the bank, And the Shari'ah Supervisory Board to monitor the compatibility of banking operations with Islamic Shari'ah. The guidelines for the management of institutions that are limited to Islamic financial services issued by the Islamic Financial Services Council. "
The academic d. Mourad Saeb Mahmoud said: "The private sector has become an important pillar of the economy and development in the countries seeking to develop and provide the public sector with the provision of services to the community, where partnership contracts are one of the most important methods used by the administration in the implementation of development projects and services, An agreement between the administration represented by the public sector and private sector companies to participate in the establishment and implementation or management of service projects and infrastructure projects. He pointed out that "this type of contract is characterized by hybrids in terms of the extent of considering them as private contracts or administrative contracts on the one hand and the nature common to them on the other." 

International standards 

In his study, the expert on economic affairs, Mohammed Kassem, discussed the application of international standards for financial reporting in Iraqi private banks after the adoption of the international standards for the preparation of interim financial reports for Iraqi private banks, increasing or rising after adoption of the International Financial Reporting Standards. 
"The research reached several recommendations, the most important of which was the need to increase the focus on accountability in all directions related to IFRSs to take advantage of all opportunities that may arise," he said. 

Economic Specialist Ahmed Wajih addressed the reform of the accounting system of banks as the real supporter of the Iraqi economy through the application of international accounting standards and compliance. The International Accounting Standard No. (30) the role of Barzergam the importance of all criteria to reform the accounting system of banks as a specialist in the organization of banking operations, Of the Iraqi banks to be the basis for choosing the extent of its commitment to apply that standard.

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[DinarThug]

Economic Development Projects

24/4/2018 12:00 am 

 

Haidar Kazem al-Baghdadi 

Promoting and stabilizing Iraq requires economic development that is a goal of the public and private sectors. 

Development in all sectors is inevitable and requires the availability of a suitable environment commensurate with the international effort specialized to be able to work in Iraq, in light of the current situation in the country, especially as we are well aware that the international effort examines the working environment in all aspects, and then come to work and investment when available Attractive circumstances that confirm the great benefit to the two sides of the investor who needs to maintain his reputation and the beneficiary who needs the project, whatever it was. 

In order to create an effective economy in the regional and international arenas, it is necessary to work hard and fast to overcome a number of legislative and executive determinants and to prioritize sectors from one sector to the other, in harmony with the future guarantees that are the most important elements of attraction. 

Iraq is looking for sustainable economic development through the exploitation of natural and human resources in this field. The investment environment that attracts the international effort requires the activation of the financial market through strict laws suited to the stage and the adoption of advanced technologies that will deal with the market through the advanced technology that invaded the globe. 

We must focus on development that requires a solid financial sector, which necessitates the enactment of a new banking law that strengthens the financial sector and makes it able to provide sophisticated products commensurate with the need of the local effort working outside Iraq, as well as the international effort owner of the best technologies and the researcher for such products harmonize and work requirements Especially since development is the most important requirement for banks operating with advanced technologies Deal with a large financial block as it gets around the world. 

The presence of an effective banking sector with advanced mechanisms and offering products that compete with international banks is an absolute necessity, and with an effective insurance sector in dealing with a large volume of projects, we have created an integrated private sector. 

The development of our country, the owner of the wealth, and the seeker for its optimal investment, requires an integrated social security law that can benefit from international experience, a pension law for all Iraqis guaranteeing their pension rights and changing the culture of dependence on the government job. 

The present time requires the work of the National Investment Commission to develop a marketing mechanism to bring real investments and international companies solid and classified on the international list, and set priorities in the investment work to be able to take a steady pace towards real development.

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[DinarThug]

The Secretariat of the Council of Ministers reviews the procedures related to the credit program

 

BAGHDAD - The Council of the General Secretariat of the Council of Ministers reviewed in its fourth session the procedures related to the central mail system (credit) launched in March, familiar with the most prominent results set by him.

 

The Secretary-General stressed the importance of addressing all the observations that accompanied the actual implementation of the system in the Secretariat departments, praising the efforts made by the concerned departments in implementing this project as a first stage and overcoming the obstacles to transition to the second phase through linking the Secretariat with government institutions. 

The official of the Information Technology Department at the General Secretariat of the Council of Ministers reviewed the preliminary assessment prepared by the department to monitor the system, which showed good rates in leaving departments paper transactions, pointing to the importance of providing logistical support to the system and employees to ensure its sustainability and development.

It is noteworthy that the project of governance is one of the most important projects sovereign, and aims to gradually shift towards e-government and leave the paper deal and its implementation in the Secretariat is the first phase of the project, while will be linked to the centers and ministries in Baghdad and the provinces as a second stage. Ending

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[Wiljor]

Thanks Thugs for all these articles you are bringing to us, as we can see, Iraq is trudging forward, slowly, but forward. 🐌

[DinarThug]

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International Development Bank is licensed by Visa Card International

 

 

23rd April, 2018

The International Development Bank (IDB) announced on Monday that it has obtained a Visa Card global license to issue cards locally. 

A source at the bank told "Economy News" that "the International Development Bank for Investment and Finance obtained the license of Visa Card International to issue cards locally," noting that this step is a major banking achievement to develop banking and introduce modern technology to serve customers. 

The source added that the International Development Bank is ready to cooperate with banks to serve the revolution of banking technology and the creation of new services to be included within the work of the banking system.

[DinarThug]

Abadi: We will make a quantum leap in the provision of services and investment

 

24/4/2018 12:00 am 

Baghdad / Al-Sabah 

Prime Minister Haidar al-Abadi discussed with a member of the Vienna Parliament and a member of its municipal council, Omar al-Rawi, ways to benefit from experiences in the fields of urban planning and civilization. 

A statement from the Prime Minister's Office received the "Al-Sabah" that "Abadi received the narrator and discussed with him how to take advantage of the experience of urban planning and civilization and the provision of services in Vienna, as well as the consultancy expertise to provide the country with the latest in what the world deals with the capabilities contribute to provide what serves the citizen and the development of the country" . 

Abadi stressed that the country's transition to the stage of construction, reconstruction, provision of services, investment and job creation after the victory on the call for concerted efforts and benefit from all successful experiences, which we are working on now and the country will make a quantum leap in these areas. 

The Prime Minister pointed out that "we have started this stage and we will succeed as we succeeded in the war on the preacher and we have plans and strategies for them, in addition to benefit from the experiences inside and outside the country."

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[NEPatriotsFan1]

26 minutes ago, DinarThug said:

quantum leap

Don’t sound like a gradual float to me......

[wc41]

What an excellent tone 🙂 A harmonizing encore would be wonderful 🙂

[Gypsygirl11]

Thumbs up!

[zul]

2 hours ago, NEPatriotsFan1 said:

Don’t sound like a gradual float to me......

 

With almost $90 billion worth of reconstruction  cost in the next few years, nothing is going gradual.

 

[DinarThug]

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UNHCR: We distributed 66% of the cards and completed the election procedures abroad

 

 

24th April, 2018
The Electoral Commission for elections, Tuesday, April 24, 2018, about the distribution of about 66% of voter cards in all governorates of Iraq.

According to the media of the obelisk, the Chairman of the Board of Commissioners Riad Badran, the number of cards to be delivered to voters to 80% in the coming period.

On the elections abroad, which will be held in 19 countries, Badran said that the Commission has completed the logistical and human procedures for its establishment and is waiting for data from the Ministry of Foreign Affairs to determine the number of Iraqi community in each country to determine the number of polling stations to be opened in each country.

[DinarThug]

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Abadi visits Kurdistan tomorrow for the first time since the referendum

 

12:33 - 24/04/2018

The head of the victory coalition in the province of Sulaymaniyah in the Kurdistan region Ibrahim Rashid, on Tuesday, the intention of Prime Minister Haider Abadi visit the province on Wednesday.

 "The prime minister is scheduled to visit Sulaymaniyah province on Wednesday to promote his election campaign, and then visit the provinces of Erbil and Dahuk," Rashid said in a statement to the Kurdish website "Duwaۆژژ".

Rashid said that "Abadi will discuss the financial situation of the province and salaries of employees in the Kurdistan region."

This is the first visit by Prime Minister Haider Abadi to the Kurdistan region of Iraq after the referendum on September 25 last September.

 

  

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Abadi crowned the openness of the people of Sulaymaniyah on the list of victory by visiting them and lose their status

 

 

24th April, 2018
Prime Minister Haider al-Abadi will visit Sulaymaniyah in the next two days, the head of the victory list in Sulaymaniyah, Ibrahim Rashid said on Tuesday (April 24, 2018).

"The head of the victory list, Haidar al-Abadi, is scheduled to visit Sulaymaniyah province tomorrow or the day after tomorrow," Rachid told local media. "Abadi's visit to the province comes within the framework of the electoral program," Rashid told local media.

Rashid added that "there is a significant turnout and openness by the people of Sulaymaniyah towards the list of victory," pointing at the same time, "the role of the provincial government and its security apparatus in providing the necessary protection for the headquarters of the list of victory."

[DinarThug]

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Iraq seeks to increase the volume of trade exchange with
Egypt to 6 billion dollars

 

 

24th April, 2018
An Iraqi official announced the holding of a joint investment conference between Egypt and Iraq on 26 and 27 April, with the participation of an Egyptian delegation comprising 28 personalities headed by Ahmed Wakil, head of the General Federation of Chambers of Commerce. 

"The conference will witness the participation of the strongest Egyptian companies such as Holding and Orascom, in order to discuss investment opportunities in Iraq and push them to a wider range, in addition to the participation of 400 companies from all over the world. 

The Iraqi official pointed out that the two countries discussed a strategy to reach the volume of trade exchange during the coming period to about 6 billion dollars a year compared to the current $ 1 billion and 400 million. 

He pointed out that there are ongoing contacts with the Egyptian side to push forward the trade relations of the wider range through a strategy that was discussed with Engineer Ibrahim Mahleb and the Iraqi Ambassador during their previous meetings with Iraqi Prime Minister Haid al-Abadi in Baghdad.

The Iraqi official pointed out that the conference will be preceded by a meeting between the Egyptian businessmen and the President of the Reconstruction Fund for Iraq on April 25 for the reconstruction of cities liberated from the likes of Anbar, Salahuddin and Nineveh. 

He added that after the opening of the road between Cairo and Baghdad, which had been closed because of the war on "dashing" will be reflected positively on the promotion of trade relations, and the movement of the movement of exports and imports.

[DinarThug]

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Tomorrow will start the week of financial inclusion in Iraq

 

24th April, 2018

The Association of Iraqi Private Banks announced the launch of the Financial Inclusion Week on Wednesday in all parts of the country, with the aim of increasing the dealings with the banking sector

The Executive Director of the Association of Iraqi Private Banks, Ali Tariq in a press statement that "on Wednesday will see the start of the activities of the week of financial inclusion, which will involve all banks and financial companies operating in Iraq, in order to educate the public on the importance of financial coverage, which will reflect positively on the economy "He said

He added that "the Central Bank and the Association of Private Banks are directly supervising the organization of the week of financial inclusion, which will be launched in conjunction with Arab countries," noting that "Iraq wants to increase the number of customers with the banking sector to a large proportion because it will make citizens enjoy the banking services available to the public of loans Electronic payment and others . "

He pointed out that "the activities of the week of financial inclusion include the Iraqi banks to display their products in public places that you see appropriate from universities and commercial centers and others." He pointed out that "the banks will during the week of financial coverage to open bank accounts and the granting of
credit cards and others

 

 

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https://cbi.iq/news/view/681

Launching the activities of the Arab Day for Financial Inclusion

 
April 24, 2018

 

 

In order to educate the public of the importance of financial coverage in Iraq will start
tomorrow activities of the week of financial coverage for the period from 25 to 30 April
2018, and this event will be directly supervised by this bank and in cooperation with the
Association of Iraqi private banks and the participation of banks and financial companies
operating in Iraq, Will come in conjunction with the celebration of the Arab Day for
financial inclusion in all Arab countries, and will include the effectiveness of Iraqi banks
and foreign financial companies to provide banking services and display all products in
several public places and in shopping malls, universities and others

[DinarThug]

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The Central Bank signs a memorandum with Visa International tomorrow

 

 24th April, 2018

The Central Bank of Iraq announced that it will sign a memorandum with Visa International on Wednesday to grant its legal framework within Iraq

"On Wednesday, the central bank will sign a memorandum of understanding with Visa International that will provide the legal framework for the company in terms of providing services, consultancy and support to the banking and financial sector," said Central Bank Payments Department Director, Duha Abdel Kareem

"The presence of Visa International in Baghdad will make a positive change on the economic market," adding that "the central bank has steps to support competition between international financial companies."

[Wiljor]

Morning Thugs, I like that last article you just posted, even though their is elections, it’s business as usual.  

[10 YEARS LATER]

Hey, over here ! We’re ready and don’t require any additional “ edge-uh-muhcation “ WE GOT THIS !

 

Thanx

[MyLadiesDaddy]

On 4/8/2018 at 2:36 PM, ladyGrace'sDaddy said:

And this is exactly what your post was designed to do. Make me look like I'm so upset about this investment and get me to say something so that Markinsa can go to Adam and say that I'm not acting like a Mod should. Well that ain't gonna happen. In the future if you would refrain from commenting to me I would be thankful. Of course you can continue to give me your 5 neggs daily as you wish. 

COMMUNITY REPUTATION

22,558

Just saying Big Boy

[DinarThug]

Hamash To "Conscious": The Next Stage Will Be An Economic Stage "With Excellence"

ECONOMIE

 On April 22, 2018   

 

 

Conscious - Special

The economic expert Saleh al-Hamash said that Iraq has overcome the security file successfully and overcome many of the crises, noting that the challenges ahead will be "economic challenges excellence."

Al-Hamash told Iraqi News Agency (INA) that "Iraq succeeded in extinguishing many crises, as well as the great success in the security file, which qualifies it to be an economic environment incubator for many international and Arab companies wishing to work inside Iraq."

He added that "simplification of government procedures and the banking system will have an impact on the entry of companies," noting that "Iraq is able to reform the economic file after its success in the security file."

He explained that the economic conferences held in the country gave Iraq a clear picture of the companies honest through his extensive knowledge of the work of companies developed by Arabs and the world.

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[DinarThug]

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Continued decline in the dollar exchange in Iraq

 

 

2018/4/24 10:17 

Foreign currency markets in Baghdad, on Tuesday morning, a decline in the dollar exchange rate against the Iraqi dinar.

The market price on the Kifah Stock Exchange in Baghdad was 1196 dinars per dollar, or 119 thousand and 600 dinars per hundred dollars. 

The prices of selling and buying dollars in banking companies were: 

the sale price of one dollar 1200 dinars, or 120 thousand dinars, for one hundred dollars. 

And the purchase price of the dollar is 1190 dinars, or 119 thousand dinars, for one hundred dollars, and this price is the lowest recorded by the currency markets for years in Iraq. 

Foreign Exchange Rates: 
EUR World Price: 100 Euro = 122.15 USD The 
World Price: 100 Bounds = 139.44 $ The 
Turkish Lira The International Price: $ 100 = 409.70 Turkish Lira.

[boosterbglee]

Tomorrow will start the week of financial inclusion in Iraq

OK.....I'm ready to be included! 

[NEPatriotsFan1]

24 minutes ago, boosterbglee said:

Tomorrow will start the week of financial inclusion in Iraq

OK.....I'm ready to be included! 

Count me in too! Love it 😍 

[dinarham]

I want to kiss your long clown feet !