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Deputy: postpone the selection of the candidate of the Ministry of Education to the next legislative term

 

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9th July, 2019


Revealed the head of the Chaldean coalition in the House of Representatives Hoshyar Kardag, on Tuesday, the postponement of the selection of a candidate for the Ministry of Education to the next legislative term. 

In a statement received by Mawazine News, Qirdagh said that "political consensus has prevented the selection of an appropriate minister for education over the past period, as well as the repeated rejection of candidates of one party, in order to extract the quota from this party and turn it into another. The interest of the country in imposing the will on all ministries." 

He added that "it is hoped to resolve the selection of a candidate for the Ministry of Education during the parliamentary sessions remaining of the current legislative term after the extension," stressing that "the political blocs if not succeed in this will be postponed to the next legislative term in conjunction with the selection of candidates for special grades."

Qardagh described the postponement of choosing a suitable candidate for the Ministry of Education as a "disaster". 

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The results of the foreign currency sale window on Wednesday 2019/7/10 and issued on Tuesday 2019/7/9

 

Announcement No. ( 3994 )

Date of sale - on Wednesday 2019/7/10 and executed on Tuesday, 2019/7/9 

 

the details 
    Amount
Total sales for the purpose of strengthening assets abroad (transfers, credits)
179,284,950
Total cash sales
27,030,000
Total sales
206,314,950

 

Note that:

The sale price of the amounts transferred to the accounts of banks abroad (1190) dinars per dollar. Cash sale price (1190) dinars.

» Sales schedule of the Central Bank of Iraq for foreign currency (amounts in thousands of dollars) on Wednesday 2019/7/10 and implemented on Tuesday 2019/7/9

 

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Central sells $ 179 million in auction today


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9th July, 2019

The central bank's foreign currency sales rose Tuesday to $ 179.64 million, compared to $ 159.38 million on Monday.

"The exchange rate was 1190 dinars per dollar, in the auction held with the participation of 31 banks, in addition to a single remittance company," the Central Bank said in a statement received.

He added that "the sales executed are the results of the day on Wednesday," noting that "the total sales totaled 206.31 million dollars."

He pointed out that "the volume of funds sold to strengthen the bank balances abroad amounted to 179.28 million dollars, while the total cash sold $ 360 thousand."

Edited by DinarThug
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Deputy: Auction sale of currency outside the control of the Central Bank

 

Deputy: Auction sale of currency outside the control of the Central Bank
 
 
Last updated: 8 July 2019 - 1:49 PM
 

 Baghdad, July 08, 2019 - The auction of currency outside the control of the Central Bank, between the latter sells 150-200 million dollars on a daily basis.

 

"There are problems and irregularities recorded on the sale of the currency by the Central Bank as well as the currency exchange rate, which is often moving and unstable in most cases," pointing out that "any candidate for the post of governor to sit with the Finance Parliamentary to discuss these two things" . 

Representatives of different blocs and components often speak of a uncle The Supreme Judicial Council has decided to set up a judicial investigation body in 2015 to look into documents relating to money laundering operations, but has not yet announced the results of its investigations. 


The deputy for the province of Dhi Qar that "there is a complete conviction is available in the parliamentary finance confirms the existence of corruption in the window selling the currency because of the way of selling the dollar and the parties dealing with the Central Bank."

Al-Saadawi proposed "solve the problem of selling the currency and reduce the phenomenon of corruption by monitoring all banks Al-Ahlia and banking companies in the issue of selling the currency, "pointing out that" the Central Bank's sales of the dollar range from 150 to 200 million dollars on a daily basis. "

He said that" there are annual reports, quarterly and monthly, received by the Finance Committee of the Parliamentary Bureau of Financial Supervision and Integrity Commission since 2014 confirms the existence of manipulation and practical Major corruption in the window of selling the currency, "adding that" these reports indicate the lack of control of the central bank management on the window selling the currency. "

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Parliamentary Finance: We check the cost of the building of the new Central Bank ... Investigation committee on the "MasterCard"


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9th July, 2019


Haytham al-Jubouri, head of the parliamentary finance committee, revealed on Tuesday the existence of an audit of the cost of building the new central bank, pointing to an investigation of the file 'Master Card'.

He said Jubouri, in a statement to a number of media, including 'orbit', that 'parliamentary finance formed sub-committees of the right to damage the funds in the Central Bank and around the building of the Central Bank', indicating that 'the Finance Committee referred all the reports of the building of the Central Bank to a consultant in the Ministry Reconstruction and housing to know the cost estimates and designs'. 

He added that 'there is another subcommittee formed to verify the suspicions of electronic payment (MasterCard),' noting 'a defect in the leaves and deal directly with the central bank'.

He continued that the deal 'master card' must be through banks in addition to verify the security of information that circulates inside the bank.

 

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Parliamentary finance constitutes a sub-investigation committee for the right to damage the funds in the Central Bank


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9th July, 2019

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3 minutes ago, DinarThug said:

Deputy: Auction sale of currency outside the control of the Central Bank

 

Deputy: Auction sale of currency outside the control of the Central Bank
 
 
Last updated: 8 July 2019 - 1:49 PM
 

 Baghdad, July 08, 2019 - The auction of currency outside the control of the Central Bank, between the latter sells 150-200 million dollars on a daily basis.

 

"There are problems and irregularities recorded on the sale of the currency by the Central Bank as well as the currency exchange rate, which is often moving and unstable in most cases," pointing out that "any candidate for the post of governor to sit with the Finance Parliamentary to discuss these two things" . 

Representatives of different blocs and components often speak of a uncle The Supreme Judicial Council has decided to set up a judicial investigation body in 2015 to look into documents relating to money laundering operations, but has not yet announced the results of its investigations. 


The deputy for the province of Dhi Qar that "there is a complete conviction is available in the parliamentary finance confirms the existence of corruption in the window selling the currency because of the way of selling the dollar and the parties dealing with the Central Bank."

Al-Saadawi proposed "solve the problem of selling the currency and reduce the phenomenon of corruption by monitoring all banks Al-Ahlia and banking companies in the issue of selling the currency, "pointing out that" the Central Bank's sales of the dollar range from 150 to 200 million dollars on a daily basis. "

He said that" there are annual reports, quarterly and monthly, received by the Finance Committee of the Parliamentary Bureau of Financial Supervision and Integrity Commission since 2014 confirms the existence of manipulation and practical Major corruption in the window of selling the currency, "adding that" these reports indicate the lack of control of the central bank management on the window selling the currency. "

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Deputies accuse the currency auction: outside the control of the central bank and selling 200 million dollars a day

 

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8th July, 2019


The currency auction is outside the control of the central bank, while the latter sells 150-200 million dollars on a daily basis, a member of the parliamentary mini-committee on budget follow-up Abdulhadi al-Saadawi said Monday (July 8, 2019). Al-Saadawi's history raises the issue of corruption in the currency auction again, which governments have not been able to resolve completely.

Al-Saadawi said in a press statement that "there are problems and irregularities recorded on the sale of the currency by the Central Bank as well as the currency exchange rate, which is often moving and unstable in most cases," pointing out that "any candidate for the post of governor to sit with the parliamentary finance to discuss These two things. "

MPs from various blocs and components often speak of large corruption at the currency sale auction by banks and individuals accused of money laundering.

Something from the history of the problem

The "obelisk" has published in 2018 document refers to an explicit violation and corruption in the sale of foreign currency of the Central Bank of Iraq in the sale of foreign currency in 2015 under a letter issued by the Chairman of the Finance Committee in the House of Representatives, then, Ahmed Chalabi, addressing the President of the Federal Court , Calling on the judiciary to take the necessary action and stressing that the Iraqi people, waiting for the word of the judiciary to maintain Iraq's reserves of hard currency.

The report said that the analysis of the foreign currency sales of the Central Bank of Iraq at the auction of foreign currency sale on 31/5/2015, which amounted to "393,104,332" dollars, is a clear violation of Article "50" of the General Budget Law of the State of 2015, which identified sales of the Central Bank Iraq with seventy-five million dollars a day and sales for this day only five times the estimated amount specified by the law.

According to the book, the government has filed a lawsuit against the Iraqi Council of Representatives on a number of paragraphs of the Federal Budget Law for the year 2015, including the paragraph we referred to above. The government froze the implementation of these paragraphs without right pending the decision of the Court, although the law is in force and the duty to implement.

Efforts have been made to expose the smuggling of billions of dollars out of the country through mostly fictional financial firms and emerging cashiers who have drained billions of dollars from the state treasury and people's wealth, as well as issues related to so-called "dilapidated projects," billions of dollars and billions of dollars.

The late Iraqi politician Chalabi succeeded in collecting hundreds of documents prepared by a report submitted to the Committee and other parties, including the Presidency of the Council of Representatives and the presidency of the government, and published "obelisk" at the time, details. Chalabi blamed the fallout of the collapse of the country's financial structure, the "gangs" that control the market. He said the cause of the economic meltdown was the loss of about $ 312 billion between 2006 and 2014.

The file of corruption at the auction of currency is still misleading the economic and political scene as well as the banks that hold the auction, political parties financed by the parties and return to the financial gain at the expense of the economy of the country.

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TEXI REM invites venture capital funds to enter the Iraqi market ...

 

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9th July, 2019

 


The management of Taxi Reem, the leading application in the field of taxi booking through smart applications and participatory transport, called on all venture capital funds operating in the Middle East and North Africa to break the barrier of hesitation and fear. Provided by the Iraqi market in this area.

Abdul-Alim Hameed, Executive Director of the project, said that the application of Tuxi Reem is the first Iraqi integrated project in all aspects of technical, commercial, administrative and marketing, founded in accordance with the rules of entrepreneurship universally recognized.

He pointed out that the outcome of the first year of the project's start indicates that building a local experience that simulates the circumstances and nature of Iraqi society deserves sacrifice and attention, especially that the Iraqi market is classified as one of the promising markets in the field of participatory transport services.

He stressed that the administration is continuing to consolidate the pillars of the project in accordance with the best quality standards in the field of participatory transport, which has emerged in the past years. He pointed out that the pretext of security conditions and instability have become unwarranted reasons for not looking for real opportunities to enter the Iraqi market.

He added that the management of the project recognizes that providing suitable conditions for the success of this promising experiment will have positive repercussions on the economic and social reality, which will lead to the creation of local areas of work that seek to develop the economy. Transport service is one of the most important areas. The people are all present and future, making Tuxi Reem the right way to provide safe and convenient transportation.

In conclusion, we look forward to TEXI being the first experience that can be taken care of or supported by venture capital funds through which we can look for the best investment opportunities in Iraq. According to the statistics of the research organization Ibesco, the size of the transport market in Iraq is estimated at more than 33 million dollars a day at a rate of 6 million per day, and the number of taxi, both taxi and private operating in this area estimated at more than one million and one hundred thousand vehicles. The application of Tex Reem was released in its spring edition 2018 and in its stable operational version on 15 November 2018.

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The despair of change has become a universal feature among Iraqis

 

- 15 Hours Ago
 
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BAGHDAD - Many Iraqis are no longer talking in politics, at any gathering, as was common in recent years, after the feelings of despair of the possibility of change leaked to a wide section of the country's population.

In recent years, mass transit vehicles in Baghdad have been like policy salons. There are often heated discussions about the performance of the government and parties, but many now seem calm or preoccupied with weather and football at best.

Political developments no longer interest observers, who seem accustomed to the news that parliament has failed to pass a minister or the government's anti-corruption plan in an institution, knowing that political parties have been used to interest their interests at the expense of the interests of the population.

The terms "anti-corruption", "state building" and "government program" are becoming increasingly ironic among observers, as terms such as "deep state" and "employment abroad" are increasingly being traded, Change status.

Although temperatures in the Iraqi capital are currently above 45 degrees Celsius in the face of a fluctuating supply of electricity, the current summer seems so quiet, compared to previous seasons, in terms of popular demonstrations, To claim services.

Many activists, known for their contribution to rallying protesters over the past years, recognize their inability to attract protesters this summer due to public desperation.

Public indifference has been reflected in the interest of people in the political programs broadcast by satellite stations as well. Most of the journalists who present these programs are limited to the political community and not to the popular circles.

While social media in Iraq are full of angry bloggers' critiques of government and parliamentary performance, most of these criticisms are based on an individual experience, as if an individual tells the story of a government institution's review of a transaction and what it experiences before completing its mission.

In many of these cases, bloggers share a series of insults to the political class, while avoiding criticism of religious or militia symbols, especially by those living in the country, for fear of prosecution.

Observers believe that this apparent negative shift in popular mood may repeat his strong presence during the country's upcoming electoral practices, especially local elections, which have yet to be set, with expectations that it will take place next summer.

The broad popular boycott of the general elections last summer was a clear indication of the shift in the Iraqi public mood towards despair over political reform, although many lists have raised the slogan of "reform."

Electoral boycott advocates say they do not want to legitimize a corrupt political system by voting, but at the same time offer no alternative.

While many speculated on the opportunities that a popular protest movement could offer, especially by pressuring the political system to reform itself, participation in demonstrations was weak, a message that Iraqi political forces received with satisfaction.

Activists have been counting on the current summer to rally the popular protest movement as the government's deficit in services, particularly electricity, continues, but the indicators so far show how desperate the population is to the impact of any domestic action in the industry of change. Therefore, the "coup" has a lot of ears, amid no signs of it.

The popular community in Iraq is aware that the armed forces are currently unable to push officers who can change the situation by an internal military coup, and also realize that the experience of change from abroad can not come again after the collapse caused by the US invasion of the country in 2003.

An Iraqi political observer described the Iraqis' reluctance to talk about politics as positive. "It is an expression of a sense of futility of popular will that has been overtaken by many parties, especially the religious establishment, whose influence has not expanded in Iraq's history," he said.

In addition to its influence on the influence of religious "confessions" that are often sectarian over ordinary people, they acquire an essential part of their power from the control of the armed militias of the religious character on the street and on service-oriented institutions, where they are directly involved with the affairs of daily life.

The observer notes in a statement to the "Arabs" that the Iraqis who considered themselves in the past scholars in politics abandoned this status after being defeated by events and the realities of the political scene always put them in the face of the worst options, which does not interfere in the door of speculation.

Despite the weakness of the political class, the possibility of changing it seems difficult in the shadow of Iraq in the region of attraction between the United States and Iran, two forces provide the class with the protection to continue corruption, a corruption is exposed in such a way that made normalization part of the process of taming the political pushed the Iraqi society to despair Of himself and his ability to make his contribution useful.

The observer added that the Iraqis tried to use their weapon against the ready-made political class when they abstained from participating in the last parliamentary elections, but that method did not benefit them in anything and discovered that the class is multiplying by fission, so that new politicians were born from the womb of the political process are worse than Politicians who have become loyal to the regime.

The Arabs

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US authorities find a treasure of dollars in a strange place

 

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2019 - 07 - 08


The Investigative Press Section in all the news revealed that senior officials with the rank of Undersecretary of the Ministry, and in their rank in the ministries of the sovereign, narrowed down some of the owners of special grades of honest national figures in order to obtain financial and administrative gains without the Minister's knowledge.

The information indicates that the targets of honest national figures are pressured by these spoilers where they are asked to pass some things of financial and administrative corruption and if not respond to those pressures are fought in ways and methods cunning.

According to the newspaper All News, it  will be published in the next coming files of financial and administrative corruption in those ministries for the purpose of accounting according to the law and will inform the Integrity Commission and the Anti-Corruption Committee of those names 

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Despair in Iranians: We want a normal life

- 6 Hours Ago
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DUBAI - Iran's decision to continue defying the United States to raise uranium enrichment beyond the limit set by the nuclear deal in 2015 has deepened the Iranians' fear that their country would remain in a protracted crisis.

Iran's pessimism has been further exacerbated by Tehran's announcement that it has upgraded uranium enrichment to a level higher than that allowed under the agreement, which means crossing red lines that even put European "allies" at the door of withdrawal.

"Yes, life is difficult because of the sanctions," said a 43-year-old housewife named Fairuzah in Babelsar. I think the price of this nuclear program is high for the Iranian people. "

The confrontation took on a military dimension as Washington accused Tehran of attacking oil tankers and Iran dropped a US aircraft, which was the motive behind Trump's unfinished strikes. Under the nuclear deal with world powers, sanctions that have been in place for years have been lifted to allow Iran to conclude global trade deals in exchange for restrictions on its nuclear program. But did not reap any benefits until Trump decided to withdraw from the agreement.

Trump's goal of imposing "maximum pressure" on Iran is to push for tougher restrictions on its nuclear activities, abandon its missile program and reduce its support for militant factions in Middle East conflicts.

Commodity prices have risen sharply in Iran and the number of job seekers among young Iranians is increasing. In April, the International Monetary Fund (IMF) predicted that Iran's economy would shrink for the second consecutive year and inflation could reach 40 percent.

"Look at Syria, Iraq and Yemen, these countries have been suffering for years and I am not a supporter of the Iranian regime, but sanctions harm people, not their leaders," she said. Prices of bread, cooking oil and other commodities have seen significant increases. The devaluation of the Iranian riyal has forced more than 60 percent of some small factories to close because of the scarcity of raw materials and hard currency.

"Living is very expensive," said Ghorban Ali Husseini, a teacher at Shiraz Elementary School. Prices are rising almost every day. My salary is about $ 200 and I have two children. " "I work in three jobs and yet I find it difficult to meet the needs of my family. America must stop hurting Iranian people like me by imposing sanctions on our country. "

Iranian authorities say 15 percent of the workforce is unemployed. Salaries are low in many official jobs, which means that the actual figure for those who do not have an appropriate job is likely to be much higher.

"I want to live a normal life," said Sorush, who blames the confrontation policies of Iranian leaders. I have a university degree but I am unemployed and desperate and sad. Now with these tensions, I have become less optimistic and scared. "

Many Iranians say they are tired of the conflict caused by the leadership in both countries. "I appeal to you, political leaders in America and in Iran, to allow us to live in peace," says Nira Seddat, 56, a retired school in Bushehr.

The Arabs

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Iraq receives Iranian oil and markets it to circumvent US sanctions

 

 Tuesday 09 July 2019
 
 
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Baghdad - Writings

 


ISLAMABAD (Reuters) - Iraqi media broadcast what it said was a video clip of the arrival of huge Iranian oil-laden trucks at Iraqi border posts.
On Tuesday 9 July 2019, the passage of more than 20 huge trucks coming from Iran loaded with oil appeared in a move observers said was to circumvent US sanctions against Tehran.

Which reveals the agreement between Tehran and Baghdad to bear the government of Prime Minister Adel after the Mahdi responsible for the smuggling of Iranian oil across the border and marketed to the global market for oil as an Iraqi product and proceeds to be sold to Iran.

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$ 300 million Iranian exports to Iraq through a single port in 90 days

 
Tuesday 09 July 2019
 
 
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Baghdad - Writings

Less than two days after Iran announced a 20 percent increase in its exports to Iraq over the same period last year, it now announced the export of goods worth about $ 300 million in 90 days via a single border crossing with Iraq.

Which reflects the implementation of what was agreed between Baghdad and Tehran from the need to open the door wide for exports and products to compensate for the Iranian loss of US sanctions on Iran and the size of Iranian exports to Iraq from $ 9 billion last year to about $ 20 billion.

The latest figures were announced Tuesday by an Iranian official on the export of goods worth about 291 million dollars from the port of Mehran border west of Iran to Iraq from 20 March to 30 June.

Iran has exported more than 448,000 tons of products through Iran's western province of Ilam to Iraq, including construction materials, metals, agricultural products, plastics, automobiles, auto parts and petrochemicals, said Saeed Sharifi, deputy director of Iran's Industries, Mines and Trade Organization for Trade and Development.

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9 hours ago, DinarThug said:

 

Al-Saadawi said in a press statement that "there are problems and irregularities recorded on the sale of the currency by the Central Bank as well as the currency exchange rate, which is often moving and unstable in most cases," pointing out that "any candidate for the post of governor to sit with the parliamentary finance to discuss These two things

 

 

Yep......2 things.

Currency auctions

And currency exchange rate.

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Abdul Mahdi: We put a mechanism for the positions of proxy and resolved half of them


Wednesday 10 July 2019

 

alsabaah-15609.jpg

 

Baghdad / Mohammed Al-Ansari:

 

Prime Minister Adel Abdul Mahdi, the beginning of the implementation of the Diwani order for the popular crowd, stressing: the crowd force and sacrifice helped to liberate Iraq, indicating that the first page of the will of victory was crowned with complete success, and that terrorism has declined a lot in the country and try to destroy it completely, Mahdi said that the government has resolved more than half of the positions of the proxy and will be installed, stressing that the Supreme Council for the fight against corruption has large files will be opened by the smuggling of oil and drug control.

Abdul Mahdi said during his weekly press conference yesterday: "The Cabinet had a vote on the installation of positions Baluk And put an integrated mechanism in terms of general managers, and this mechanism seeks to complete the subject of the Agency in general, "and explained" We have established an integrated mechanism in this regard, and we formed a professional committee. The committee reviewed the names which were proposed to be authenticated by voting.

However, with the opportunity of three weeks for the ministers to check these names by the ministers whether approving the confirmation or the opinion to replace them. "What we mean by the general balance is not partisan, sectarian or national balance, but regional balance."

He stressed that "there is no intention to solve the popular crowd, but we have a control For the movement of weapons and distribution of Data as the crowd is part of our armed forces, and we started the implementation of your popular crowd Diwani it, and all these forces and factions in the popular crowd and her sacrificial martyrs significantly and contributed to the liberation of Iraq. " 

Abdul-Mahdi revealed the preparation of lists of those accused of corrupt officials, and vowed to introduce them to the media next week. 

The Council of Ministers approved the approval of the Ministry of Construction and Housing's request for the establishment of a permanent pedestrian bridge in the area of Al-Kareat.

The Cabinet approved the recommendations of the Ministerial Council on Energy, which included the draft pipeline for the export of Iraqi Iraqi crude oil, and the project to establish an industrial island for the export of crude oil in Iraqi territorial waters.

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The Council of Ministers launches a package of decisions, including the installation of the General Managers acting on the owners

 

The Council of Ministers launches a package of decisions, including the installation of the General Managers acting on the owners {expanded}
 
 
2019/7/9 21:35
 
 
Cabinet held its regular session, on Tuesday, chaired by Prime Minister Adel Abdul Mahdi.
A statement by his office, received {Euphrates News} a copy of it, that " the Council approved the recommendations of the Ministerial Council of Energy on the following: 
 

a) pipeline project to export Iraqi Jordanian crude oil. 

b) the construction of an artificial island for the export of crude oil in Iraqi waters. 

He added "The Council of Ministers approved the installation of general managers in the state institutions in accordance with the provisions of Article {58} of the Federal Budget Law for the fiscal year / 2019." 

He also approved the request of the Ministry of Construction and Housing, including the establishment of a fixed pedestrian bridge in the area of creations in the investment plan schedules Of the Ministry, while the Council approved an exception Wara Education from the Book of the Council of Ministers of the economy and allow it to refer the contract to provide educational supplies to the General Company for the production of educational supplies."

He pointed out that "the Council approved the draft law of the second amendment to the Road Law No. (35) for 2002 again on the Council of Ministers, and improve the business environment and investment." 

"The Council also voted on the draft law on the accession of the Republic of Iraq to the 1997 Protocol to amend the International Convention for the Prevention of Pollution from Ships of 1973 as amended by the 1978 Protocol relating to it, while approving the measures taken on the loan of the Iraqi Bank for Trade for the purpose of completing the financing of the Samawah and Dhi Qar projects - Simple session"
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Parliamentary finance clarifies the problem of final accounts in the budget of 2014


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9th July, 2019

 

The Finance Committee in the House of Representatives, on Tuesday, that the problem of the final accounts in the general budget for 2014 it has not been approved in Parliament, indicating that the Office of Financial Supervision does not have a law to approve the completion of its final accounts.

The head of the committee Haitham al-Jubouri told "Al-Ghad Press" that "the problem in the final accounts in the budget of 2014 as not approved in parliament," explaining that "the Office of Financial Supervision has no law and does not know anything depends on the completion of its final accounts."
 
"Jubouri said that "the former financial management law was clear that if the budget does not approve the government will continue to spend 1,12 of the actual expenditures of the previous budget so it is like an agreement with the Office of Financial Supervision to rely on this article to be the 2014 data itself 2013 data."
 
He pointed out that "the Office of Financial Supervision in line with the proposal is about to prepare the final touches to the accounts of 2014," stressing that "the final accounts of the budget 2012 and 2013 reached the Finance Committee and formed a subcommittee to study."
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https://cbi.iq/news/view/1185

A training course entitled (Fundamentals of documentary credits and letters of guarantee) for the period from 21-2019 to 7/25

 

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10th July, 2019



To all governmental / private banks ( documentary credits and letters of
guarantee
 ) ... Click here to view

 

Translation ....

Governmental and private banks All OFF AL-STAHRA MOHAMMED AND MOHAMED GENERAL TRAINER BEDICAM CENTER OF STUDIES OF AMERICAN We would like to inform you about the establishment of a training course entitled Fundamentals of documentary credits and letters of guarantee 27 DH 21972, sold in the ninth hour. The Lecturer: Ayman Nour Mohammed The Iraqi Trade Bank. Language: Arabic English Place of the session Central Bank Iraq, the center of the banking correspondence located in the site of the good. , L, or all the effects and Avinar (one hundred and twenty-five thousand dinars for the participant to be renounced the validity of the deduction from the Governor in the Iraqi dinar violated by this bank and you can see the names of your candidates on the e-mail banking center (bscf @ cbi. Iq) with and send books REGISTRATION BY PRIVATE In the case of nomination, inform the attendees in the first of the MODE - SHARE and dissolve greetings

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Oil rises as US stocks fall

 

Oil rises as US stocks fall
 
 
2019/7/10 10:21
 
International oil prices rose on Wednesday after data showed the US oil stocks fell more than expected, reducing fears of oversupply, while major oil producers in the United States cleared platforms in the Gulf of Mexico before an impending storm.

By 0541 GMT, US WTI crude futures rose 85 cents, or 1.5 percent, to $ 58.68 a barrel. Brent crude <LCOc1> rose 65 cents, or 1 percent, to $ 64.80 a barrel from $ 64.95 earlier.  US crude and Brent crude have risen since the start of the year as the Organization of Petroleum Exporting Countries (OPEC) and major producers such as Russia have cut production to boost prices.  But trade tensions raise fears of weak demand, and investors are looking for evidence that the rapid increase in US production is being consumed. 

US Petroleum Institute data showed on Tuesday that crude oil inventories fell more-than-expected last week, while gasoline stocks dwindled and distillate stocks increased. Crude inventories fell 8.1 million barrels in the week ending July 5 to 461.6 million, compared with analysts' forecasts for a 3.1 million barrel decline.  Official data from the US Energy Information Administration will be released later on Wednesday.
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Moussaoui: Italian and French pharmaceutical companies have left Iraq because of "extortion" in the Ministry of Health


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10th July, 2019

A member of the Health and Environment Committee Javad al-Moussawi said on Wednesday that a number of conservative Italian and French drug companies have left Iraq for extortion in the Ministry of Health, pointing out that Alaa Alwan is relying on European and Asian origins that are not serious in buying medicines.

"The policy of the current Minister of Health and Environment, based on unsound origins in the purchase of life-saving medicines, cancer drugs and child vaccines from East Asian and Eastern European countries because of price hikes, is a wrong and dangerous policy for the lives and health of our children," Moussawi said in a statement. More expensive than any price." He added that "the purchase of medicines and vaccines from the origins of Europe and solid companies and the disbursement of funds necessary for this is better than the consumption of money commissions, bribes and thefts within the ministry."
 
He added that "this is confirmed by the firm companies when they left Iraq recently because of exposure to extortion and request bribes within the ministry in exchange for dealing with this subject is contrary to the policy of these global companies." "The current Minister of Health and Environment is responsible for any harm to any Iraqi citizen or child caused by this incorrect policy to remove the international companies and dependence on the dependence of unscrupulous pharmaceutical companies, especially after the import of vaccines for children from India and East Asia instead of French companies, Iraq has been dealing with it for decades and proved its ability to eliminate many diseases and epidemics inside Iraq."
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Mashat: Iraqi banking sector has to respond very quickly to digital transformations


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10th July, 2019


A member of the Board of Directors of the Iraqi Economic Council Baqir Mashat, on Wednesday, that "the digital transformation strengthens the banking sector inside Iraq."

"Iraqi banks (private - government) in order to prosper, must respond quickly to the increasing changes taking place in the world today and speed up the digital transformation,"said Mashat in a statement received by Al - Ghad Press.

"The Iraqi banking sector has undergone tremendous changes over the past decade, from meeting financial requirements to the proliferation of business models based on ecosystems and the emergence of devices, channels and new technologies."
 

"Taking advantage of digital technology to set regulatory processes and increase efficiency may increase the profit margin in the short term for banks," he said. "The right digital transformation gives a lasting advantage by revolutionizing the customer experience at all points of digital banking."

 


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Economist: The banking sector has to respond very quickly to digital shifts


Economist: The banking sector has to respond very quickly to digital shifts

 

 

10th July, 2019

 

A member of the Board of Directors of the Iraqi Economic Council Baqir Mashat, the need to respond very quickly to the digital transformation by the banking sector.

 
"Iraqi banks (government - private) in order to prosper, must respond quickly to the increasing transformations that the world is witnessing today and accelerate its digital transformation," Mashat said in a statement received by Alsumaria News.
 
"The Iraqi banking sector has undergone tremendous changes over the last decade, from meeting financial requirements to the proliferation of business models based on ecosystems and the emergence of devices, channels and new technologies," added Mashat.
 
"Taking advantage of digital technology to set regulatory processes and increase efficiency may increase the profit margin in the short term for banks," he said.
 
"The right digital transformation gives a lasting advantage by revolutionizing the customer experience at all points of digital banking."
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Include a number of statements and decrees decisions

 

Include a number of statements and decrees decisions

 

10th July, 2019


Issued the new issue of the Iraqi fact sheet No. (4645), which includes a number of statements and decrees and resolutions approved by the House of Representatives and ratified by the Presidency of the Republic.Director General of the Department Kamel Amin Hashim said that the number included Law No. (3) for the year 2019 (the First Amendment Law of the Scientific Complex Law No. 22 of 2015 and Law No. (4) for the year 1969 and the other special laws No. (6) Director General: 

The number also includes the decrees of Republic No. (34), (35), (36) and (37) of 2019, in addition to the freezing decisions issued by the Committee for the freezing of terrorist funds No. (28), (29) and (30) For the year 2019. The Director General said that the number also included a statement of the Ministry of Finance No. (1) for the year 2019, and a statement issued by the Ministry of Agriculture No. (1) for the year 2019, and statements issued by the Central Organization for Standardization and Quality Control.

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