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Iraq maintains its 38th position in the world and the fifth largest Arab reserves of gold in Tetouz


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10th July, 2019


The International Gold Council announced on Wednesday, 10 July 2019, that Iraq has maintained its position 38 and the world's fifth largest Arab reserves of gold for July, indicating that the United States is still on the largest reserves of the world gold.

"Iraq maintained its 38th position in the world's largest gold reserves for July of 100 countries listed in international financial statistics of the world's gold reserves, which amounted to 96.3 tons, which represents 6.2% of the rest of its other currencies" He said.

The Council added that "Iraq also maintained the fifth rank in the Arab world, which came after Saudi Arabia, Lebanon, Algeria and Libya," noting that "the last purchase of Iraq from gold was in September of 2018 and the amount of 6.5 tons."

"The United States is still the world's largest reserve of gold with 8.133 tons, followed by Germany with 3.367 tons, followed by the International Monetary Fund with reserves of 2.814 tons, followed by Italy with 2.451 tons," he said.

 

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Iraq ranks 38th in the world and fifth in the largest gold reserves of the month of July 

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Ahmed: Paying the salaries of retirees with a card card and replacing it optionally


اÙتÙاعد: استÙرار دÙع رÙاتب اÙÙتÙاعدÙ٠ببطاÙØ© ÙÙ Ùارد ÙاستبداÙÙا اختÙارÙا

 

10th July, 2019

The General Retirement Authority confirmed on Wednesday that the salaries of retirees will continue to be paid with a card card and not to be replaced except by the retiree's desire, indicating the adoption of Master Card in paying the salaries of new retirees.

 
In a statement received by Alsumaria News, the authority said in a statement that "based on the deliberative meeting held with the Central Bank of Iraq to obtain the approval of the Central Bank to adopt the product MasterCard in the payment of salaries of retirees, it was decided to continue payment of retirees pay card" electronic card "and not to replace" Other card only based on the desire of the retiree and written request from him and not to force any retired to replace the card."
 
"It was also decided to adopt the electronic payment card Mastercard (fingerprint with a secret number) issued by Rafidain Bank with the International Company for smart card in the payment of retirees retirees who are referred to retire."
 
On June 4, 2019, KV announced the cessation of the issuance of K-Card cards in the National Pension Authority, indicating the replacement of them with MasterCard cards issued by Rafidain Bank.
 
 

ExtImage-9835297-1136244992.jpg

 


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Ahmed announces its continuation to pay the salaries of retirees card card and replace it optionally  LINK

 

Edited by DinarThug
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Oil Minister: $ 70 a barrel acceptable price for OPEC


Oil Minister: $ 70 a barrel acceptable price for OPEC

 

10th July, 2019

Oil Minister Thamer al-Ghadhban said on Wednesday that $ 70 per barrel is an acceptable price for OPEC, indicating that the agreement between OPEC and its allies to extend oil production cuts until the end of March 2020 will help stabilize the market.


"The general trend is that $ 70 a barrel or more is an acceptable price, " Ghadhban said on the sidelines of an energy conference in Baghdad. "The organization is seeking fair prices for consumers and producers alike," he said. "The agreement between OPEC and its allies to extend oil production cuts until the end of March 2020 will reduce stocks, help stabilize the market and address price fluctuations," Ghadhban said. "Iraq hopes that the freedom of navigation in the Strait of Hormuz will remain uninterrupted," Al-Ghadhban said, adding that "18 million barrels of crude oil passes through the Straits of Hormuz every day."

The Organization of the Petroleum Exporting Countries (OPEC) and producers of allies led by Russia agreed earlier this month to extend oil production cuts in an effort to support crude prices as the global economy slows and US production rises.
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https://cbi.iq/news/view/1188

Announcement of Auction Results (ICD311) (for the sale of Islamic certificates of deposit)

 

10th July, 2019


The Central Bank of Iraq approved the auction of ICD311 for the sale of Islamic certificates
of deposit for a period of (30) days and the amount of (50) billion dinars (50 billion dinars)
and the sale of certificates of (23,150) million dinars at a uniform rate of return (1.50%).
Number of participants (2) Bank has won the amounts provided.


file-156274772083790.jpg

 

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The results of the foreign currency sale window on Thursday 2019/7/11 and issued on Wednesday 2019/7/10

 

Announcement No. ( 3995 )

The date of sale - on Thursday 2019/7/11 and executed on Wednesday 2019/7/10 

 

the details 
    Amount
Total sales for the purpose of strengthening assets abroad (transfers, credits)
178,591,091
Total cash sales
19,990,000
Total sales
198,581,091

 

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 Thursday 2019/7/11 and implemented on Wednesday 2019/7/10

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Deputy calls for the prosecution of banks, "took advantage" auction currency "crooked ways"


Ùائبة تدع٠إÙÙ ÙÙاحÙØ© ÙصارÙ

 

10th July, 2019

The deputy of a coalition of state law, high Nassif, on Wednesday, to pursue banks, "exploited" currency auction in previous years to "crooked ways to satisfy their greed," noting that one of the owners of banks was living "room in the house of his family" in a popular area, Meledera suddenly".


Nassif said in a statement received by Alsumaria News a copy of it, "There are banks exploited during the previous years auction sale of currency in ways twisted to satisfy the greed and achieved a rich rich at the expense of this poor peopleto the extent that one of the owners of banks was living in a room in his family home in a popular area and suddenly Has become a billionaire and owns many properties are estimated in large amounts."
 
She added that "the state should proceed with the application of the principle (where you have this) to the private banks and follow up the sources of their funds, especially as there are banks provided documents and forged documents, and we all remember the statements of Mr. Hoshyar Zebari when he was Minister of Finance when he said that there are six billion dollars disappeared In an overnight, that is converted into a fictitious account, but is it time for the regulatory bodies to recover the stolen people's money and chase spoilers? 


"We must open this file to the public prosecution and we will provide all the evidence and information available to us, and we hope that activists, lawyers, and all honorable Iraqis," said Nassif Ali, "the prime minister and all the regulators must prosecute the whales of corruption who are trying to wear the chastity today. Expose these thieves."

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Exclusive: New Kurdish PM says priority is stronger Baghdad ties, rather than independence

 

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10th July, 2019

 


Members of the new cabinet of the Kurdistan parliament headed by Prime Minister Masrour Barzani pose for a family photo, in Erbil, Iraq July 10, 2019

Two years after a failed independence bid plunged Iraq’s Kurdistan Region into months of instability, the new regional prime minister said his priority was strengthening ties with Baghdad, signaling dreams of self-rule should be put on hold.

Masrour Barzani, sworn in as regional prime minister on Wednesday, told Reuters in an exclusive interview that under his leadership, the Kurdistan Regional Government’s focus would be to establish a “strong and constructive” relationship with Baghdad, leaving the question of independence aside for now.

“This (independence referendum) happened in the past and it’s a reflection of the enduring aspiration of a nation,” said Barzani, speaking at his palace in the hillside village of Salaheddine, near regional capital Erbil. “However, the focus of my government will be how to build a stronger relationship and partnership with Baghdad,” he said, adding he would look to fix “those issues that were actually keeping us apart.”

The independence bid was led by Barzani’s father Masoud, who stepped down as Kurdish president in 2017 after the referendum backfired and prompted a military offensive from Baghdad. At stake for the new premier are long-running disputes over independent oil exports, revenue sharing, security, and territory which have plagued ties between Erbil and Baghdad since a U.S.-led invasion toppled Saddam Hussein in 2003.

Barzani was instrumental in orchestrating the September 2017 referendum, which was held over the objections of Baghdad and regional powers. It was seen as the culmination of years of oppositional politics by the semi-autonomous region. The backlash was swift and pushed the country to the brink of civil war, threatening to undo the years of unprecedented autonomy the region had enjoyed. Relations eventually improved, cemented by a change of government in both capitals.

‘A WIN-WIN SITUATION’

The region’s oil exports have long been a source of contention with Baghdad. The Kurds, who control Iraq’s only northern pipeline, had been exporting oil independently since 2013. Exports were restarted in 2018, after a year-long freeze amid post-referendum disputes.

As part of the 2018 and 2019 budgets, the Kurdistan Regional Government (KRG) agreed to send 250,000 barrels per day (bpd) to federal authorities in exchange for Baghdad paying civil servants’ salaries. However, Iraqi officials, including the prime minister, complain that the KRG has not kept up its end of the bargain, having not sent a single barrel to Baghdad.

Barzani said negotiations on oil and gas were already underway and he sees room for “quick progress” on the file. “There is great potential for a win-win situation,” he said. “Working together in cooperation with each other, we can increase the production of oil.”

Mutual benefits for both sides is a theme Barzani echoed regarding regional security. Nearly two years since Iraq declared victory against Islamic State militants, the country has seen a deterioration in security in the areas bordering the Kurdistan Region.

SECURITY


Barzani, formerly the region’s security chief, said the threat from Islamic State isn’t yet over. The group exploited the rift between the Kurds and Baghdad, he said, who fought side by side to defeat the militant group in 2017. He is looking to establish a joint security mechanism in the so-called disputed territories, areas claimed by both Baghdad and Erbil, “to close that gap”.

Masrour is the latest Barzani to head the regional government. His father Masoud, himself the son of a veteran Kurdish leader, still holds considerable sway over its politics. His cousin Nechirvan held the premiership until last month when he was sworn in as president, following a regional parliamentary election in September 2018.

The Barzanis are one of two families that have dominated regional politics for decades. Though they enjoy continued support among their respective bases through extensive patronage networks, their continued grip on power has opened them up to allegations of mismanagement and corruption from voters, many of whom are owed years of back pay from the government. Barzani said winning back hearts and minds was therefore a leading priority, as was tackling graft. “I’d like to see reform,” he said. “To make sure that people have more trust in the government.”

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What promised the new provincial government on outstanding and controversial issues with Baghdad ?

 

What promised the new provincial government on outstanding and controversial issues with Baghdad?

 

10th July, 2019

 

The new government cab in the Kurdistan region of Iraq, headed by Marsur Barzani, announced its government program immediately after it was given confidence by the Kurdistan parliament on Wednesday.

The government program for Prime Minister of Kurdistan Region Masrud Barzani was set up by a committee of the Kurdistan Democratic Party, the Patriotic Union of Kurdistan and the Movement for Change, which includes the general lines of the government, which includes resolving some of the outstanding and controversial questions with the federal government in Baghdad, most notably the issue of normalizing the situation in disputed areas on her.

According to the program announced by the new government of the territory, the disputed areas placed priorities to resolve them in line with the road map provided for in Article 140 of the Iraqi Constitution, according to the program of the provincial government.

"Until this map is implemented, priority must be given to joint security and administrative coordination with the federal government in the disputed areas," the provincial government said.

As for the military and security cooperation with Baghdad, the Kurdistan government confirmed in its program that "we will strengthen our ability to combat common threats and address the security changes in the disputed areas and ensure the inclusion of Peshmerga in the defense system of Iraq."

With regard to political cooperation, she noted that it will work to strengthen political cooperation with the government in Baghdad, with emphasis on the principles of partnership and harmony and balance based on the Constitution, as described.

To this, the provincial government promised that it will compensate the Kurdish martyrs and victims of Anfal and affected by the former Baath regime in line with Article 132 of the permanent Iraqi constitution.

It is noteworthy that the Parliament of Kurdistan, granted on Wednesday (10 July 2019), confidence for the ninth cabinet of the Kurdistan region, and became pleased Barzani, Prime Minister of the Territory, and Qubad Talabani as his deputy, and led with 21 ministers right after the parliament vote to give them confidence.

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And Wait For It Bro ! :o 

 

:D  :D  :D 

 

 

 

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Barzani pleased to announce a visit to Baghdad to hold talks with Abdul Mahdi and political parties

 

masror-barzani.jpg

 

10th July, 2019

 


The new Kurdistan Regional Government President Massoud Barzani, announced a visit to Baghdad for talks with the forces in the Iraqi capital. 

The Kurdistan parliament gave confidence Wednesday morning to a coalition government led by Barzani delighted. 

During a speech in the provincial parliament, Barzani said, "We will visit Baghdad after the completion of the arrangements of the new government to meet with Mr. Adel Abdel-Mahdi, head of government and political parties."  "We hope with the government of Abdul Mahdi to overcome the differences and provide a suitable ground in practice."

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23 minutes ago, DinarThug said:

And Wait For It Bro ! :o 

 

:D  :D  :D 

 

 

 

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Barzani pleased to announce a visit to Baghdad to hold talks with Abdul Mahdi and political parties

 

masror-barzani.jpg

 

10th July, 2019

 


The new Kurdistan Regional Government President Massoud Barzani, announced a visit to Baghdad for talks with the forces in the Iraqi capital. 

The Kurdistan parliament gave confidence Wednesday morning to a coalition government led by Barzani delighted. 

During a speech in the provincial parliament, Barzani said, "We will visit Baghdad after the completion of the arrangements of the new government to meet with Mr. Adel Abdel-Mahdi, head of government and political parties."  "We hope with the government of Abdul Mahdi to overcome the differences and provide a suitable ground in practice."

This sounds like fantastic news and a huge step forward :)

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Planning reveals the formation of the Board of Directors of the Iraqi private sector

 

Planning reveals the formation of the Board of Directors of the Iraqi private sector
 
 
2019/7/10 18:44 
 
 
Revealed the Minister of Planning Nuri al-Dulaimi, the formation of the Board of Directors of the Iraqi private sector.

 

"We will soon be forming the Iraqi private sector board, which will be represented by the Council of Ministers and the Economic Affairs Committee," a statement issued by Al-Furat News, a copy of which was received by al-Dulaimi during his participation in a private sector development workshop on Wednesday.
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Ahhhh just give me some kind of damn rv

 

today is a day I need it

 

i think god woke up really mad at me

 

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13 minutes ago, davis411 said:

i think god woke up really mad at me

 

I Thought U Called Ur Wife Goddess ...

 

:D  :D  :D 

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Abdulmahdi: Iraq expands to global companies and investment opportunities

 

By Rudao one hour ago

 
During his meeting with CEO of GE Energy

 

Roudao - Erbil , 

Iraqi Prime Minister, Adel Abdul Mahdi, on Wednesday, July 10, 2019, on the ongoing efforts to improve energy and increase the hours of processing in all governorates, noting that "Iraq is expanding international companies and investment opportunities." 

"The Prime Minister received Adel Abdul Mahdi, CEO of GE Energy, Mr. Joseph Anis and his accompanying delegation," the office said.

He stressed "the importance of the strategic partnership between the Iraqi government and General Electric Company to find comprehensive solutions to secure the electric power of citizens and benefit from modern technology and renewable energies," adding that "Iraq expands to global companies and investment opportunities available to the expertise and large companies to provide services to the Iraqi people in all areas, "He added," The importance of cooperation with GE to develop and improve energy. "

The Chairman of the General Electric Company for his part, according to the statement, "a brief on the progress of work in the strategic projects implemented by the General Electric, including the linking of several secondary stations in various provinces of Iraq to help break the bottlenecks this summer and summer next and work progress in the projects of Samawah and Dhi Qar projects, Al-Zubair station, in addition to the new projects under contract, which will increase the capacity of the network in Iraq by 3000 megawatts, and Mr. Joseph Anis reviewed the projects that are discussed under the roadmap to develop electricity, covering projects in all governorates of Iraq. 

 The Prime Minister also received Adel Abdul Mahdi, CEO of Siemens Germany Mr. Joe Kaiser.

During the meeting, according to the Iraqi Prime Minister's Office, "follow-up to the road map of the electricity sector, which was agreed upon and signed in the presence of the Prime Minister and German Chancellor Angela Merkel in the capital Berlin." 

He stressed "the importance of setting a timetable for the implementation of the parties to the mutual obligations and make the utmost effort to implement the map timelines," referring to "continuous efforts to improve energy and increase processing hours in all provinces."

The statement added that "the president of Siemens said that the company is very interested in meeting the need of Iraq's electricity and the pursuit of the implementation of the map program, and that the responsibility of solidarity to meet the requirements of the Iraqi people and joint cooperation in this vital area, and promised to contribute with the Iraqis to advance the state of electricity in the near future "He praised" the follow-up by the Prime Minister of the daily file of electric power in Iraq and give him all the powers of this sector, and said that this personal follow-up is very influential and crucial factor in making progress in this file and improve electricity in the summer, Z "the company train and employ large numbers of Iraqi graduates and middle cadres."

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40 minutes ago, DinarThug said:

 

I Thought U Called Ur Wife Goddess ...

 

:D  :D  :D 

Haha

thats one of many problems

 

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Dammit Bro’s - We Need More Buying Power ! :o 

I need more power, Scotty I just cannae do it! I dinnae have the poower!  Scotty!

:D  :D  :D 

 

 

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Global site: citizen Baghdadi spends one third of his monthly salary on food


ÙÙÙع عاÙÙÙ: اÙÙÙاط٠اÙبغداد٠ÙÙÙÙ Ø«ÙØ« راتب٠اÙØ´Ùر٠عÙ٠اÙغذاء

 

10th July, 2019

The site "Numbio" World, which means the standard of living of the world, that the expenses of the citizen Baghdadi on food accounted for nearly one third of his monthly salary.


He said the site by last update him in the month of July in 2019, "The markets, which include the basic food accounted for 30.7% of the citizen expenses Baghdadi monthly," noting that "the bread, cheese, onion, tomato, canned water, the most needed food items in the market." He added that "the rent came in second place of the monthly expenditure of the citizen Baghdadi by 21.8%, indicating that the rent of three rooms in the capital of 800 thousand dinars." 

The site pointed out that restaurants ranked third in the expenses of the citizen Baghdadi by13.9%, "noting that" a meal for two people in one of the restaurants average level in Baghdad cost $ 30."  The site," The means of transport came 11.4% of the citizen's spending Baghdadi monthly, "explaining that "taxi fare for a distance of 1.5 km is $ 4." "The Baghdadi citizen spends only 2.8 percent on clothes and shoes," he said. "The Baghdadi citizen spends on basic services of electricity, heating, cooling, water and garbage at 10.2 percent.  Numbeo is one of the sites launched in 2009 and is considered as a source by many international newspapers and magazines.[/b]
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President of Siemens : We will sign a contract to establish 13 substations for the transfer of energy in Iraq

 

image.jpeg.79479ad3e03e221e5ebea556bc1ecdc1.jpeg

 

10th July, 2019


CEO of Germany 's Siemens, Joe Keizer, Wednesday, close to sign a contract for the establishment of 13 sub - station for the transfer of power in Iraq revealed. 

"Siemens will sign a contract to build 13 power substations for Iraq to be distributed from the Middle Euphrates to Basra," Kaiser told Mawazine News. 

He added that "the company will build new transmission lines to suit the requirements of the transfer of electricity in Iraq," pointing to "the company's possession of technology enables the delivery of energy to all homes of Iraqis." 

He pointed out, "the possibility of paying the bill by mobile as the advance payment of electricity."

 

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https://cbi.iq/news/view/1190

Invitation to discuss the spread of ATMs and points of sale

 

image.jpeg.32996f616c5f0e7a2548be2f832e47da.jpeg

 

11th July, 2019

To all banks and all electronic payment providers ( call to discuss ATM and POS )
 ( Issue : 288/5/9 Date : 2019/7/10)





In order to cover the investment costs for the deployment of ATMs and point of sale 
machines and expand the other services that achieve the targeted returns from the 
project of settling salaries, we would like to state the following: 

1 - The banks and card issuers must invest in ATMs and Point of Sale machines in 
proportion to their ability to issue cards and settle salaries.
 
2 - Licensed companies must take their important role in the deployment of ATMs 
and points of sale and control their expansion according to deployment plans. 

3 - The possibility of reducing the burden of employees pay and use of salaries through 
electronic payment channels (ATM - POST) by studying the prices of services of these 
channels compared to what is available to withdraw salaries now 

4. Your banks should provide incentive services to employees whose salaries have been 
settled if you do not withdraw a specified percentage of the amount (savings and 
short-term investment accounts). 

5 - The possibility of allowing banks wishing to work in the area of collection and 
dissemination of points of sale in the shops to win the traders and open bank accounts 
and provide possible facilities 

6 - A meeting will be held on Tuesday, 2019/7/23 at 11:00 am at the headquarters of 
this bank Clarify our plan The need to deploy ATMs and Point of Sale devices and not to 
expand the opening of the ports OFF (MODE) to express your views on the above within 
(7) business days from the date of the issuance of this book.

 

Edited by DinarThug
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https://cbi.iq/news/view/1189

Allow transfers of shares of intermediary companies

 

image.jpeg.d0ee327e80a5ee31673dd3909c2f103a.jpeg

 

11th July, 2019

To / Companies to mediate in the sale and purchase of foreign currencies ( uncircumcised )

Article (2): It is decided to allow the transfer of the shares of the brokerage companies to the 
sale and purchase of foreign currencies wishing to merge before the expiry of the period 
specified in the above agreement.

 

Edited by DinarThug
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Dollar exchange rates maintain their stability in the stock market


9421.jpg

 

11th July, 2019

The exchange rate of the dollar stabilized on Thursday in the Kifah Exchange and local markets

The price of the Kifah Stock Exchange - Baghdad 120,400 dinars compared to 100 dollars, the same prices on Wednesday

Selling and buying prices in the banking

market : Selling price of the dollar = 120.750 dinars

The purchase price of the dollar = 119.750 dinars

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Deputy: The election law will be decided before the end of the legislative term of parliament

 

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11th July, 2019

 


MP of the Fatah alliance Mohammed al-Baldawi, on Thursday, that the law of provincial elections will be approved before the legislative holiday of parliament, indicating that there is a tendency to reduce the number of members of provincial councils.

Al-Baldawi said in a statement to Al-Maaloumah that "there is a tendency to reduce the number of members of the provincial councils to 50% to be parallel to what came out after the parliamentary elections 2018,"noting that "a political agreement will be between the blocks and the impact will be determined the front and date of the elections, And the government to conduct the ballot on time. "

"The blocs will also agree to set 1.7 or 1.9 in the St. Lego system, in addition to discussing the status of a seat for the big loser and another seat for females, and there will be conditions for the election according to the scientific certificate and the holders of the biometric card."

Baldawi pointed out that "the election law will be resolved before the end of the second legislative term of Parliament, especially after reaching advanced stages of maturity in this file after reading the first reading and second."

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Saleh and Abdul-Mahdi emphasize the hard work to implement the government program

 

66847232_2444650322432376_7163157356895797248_n-696x468.png

 

11th July, 2019

 


Confirmed as President of the Republic Barham Saleh and the government, Adel Abdul Mahdi, on Thursday, the need to work hard to implement the government program, and the provision of services to citizens.  "President Barham Salih received at the Peace Palace in Baghdad today, Prime Minister Adel Abdul Mahdi," said a statement issued by the presidency. 

The statement added that "during the meeting, they discussed the political, economic and security developments in the country and stressed the need to work hard to implement the government program and provide services to citizens." 

He continued that "Iraq's foreign relations were discussed and the emphasis on the policy of moving away from the axes to achieve the highest national interests, and adopting dialogue to resolve crises and reduce tension in the region."

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The digital transformation conference in the financial sector in Baghdad was held with Jordanian participation


16178.jpg

 

10th July, 2019

 

The Association of Iraqi Private Banks organized a conference on digital transformation in the financial sector in cooperation with the Jordanian-Jordanian Economic Association and with the participation of more than 20 Jordanian companies and the presence of prominent personalities, including Minister of Communications Naeem Al-Rubaie, Jordanian Minister of Digital Economy and Central Bank Governor Ali Al-Alak

"The digital transformation of financial operations in the Iraqi banking sector is a cornerstone of economic growth as well as contributing to creating new jobs that enable individuals and companies to access useful financial products and services at prices that meet their needs," said Al Ali. In a responsible manner

"Digital financial technology will help expand access to financial services, especially those that are difficult to access by banks or financial institutions, as well as the potential positive growth of digital banking services in the banking industry and the enhancement of financial inclusion," he said

"The coming period will witness a remarkable development in the field of financial technologies based on solid foundations of legal and regulatory frameworks, adoption of rules of governance and adherence to international standards as well as IT infrastructure

"We welcome the brothers from Jordan in their second country," said Ali Tarek, Executive Director of the Association of Iraqi Private Banks. "I would like to meet with you today to discuss ways of cooperation and challenges facing our two countries in the process of digital transformation. , As the governor pointed out two years ago at a conference organized by the Association of Iraqi Banks on Banking Technologies that we are in a race against time and that survival is faster

"The efforts of all the banking sector and the direct support of the Central Bank of Iraq have led to an acceleration in the banking sector to cope with the digital transformation and development of its infrastructure and the preparation of its human cadres and technical systems in order to achieve the desired goal to be our main support sector and strategic partner sectors Where the payment process is the most important challenge of digital transformation for all sectors

"In the light of the vast development in the world of Internet and information technology and the urgent need for innovation, creativity and financial leadership, we are working today to support and motivate Iraqi youth to enter this world through ideas that support the transformation through financial technologies," he said

On his part, the Chairman of the Jordanian-Iraqi Economic Association, Khaled Tayseer Kanaan stressed the importance of building real and equal partnerships between the Iraqi and Jordanian institutions in order to ensure continuity and sustainability and create job opportunities for youth in both countries

He also stressed the readiness of the Jordanian private sector to extend all the support in the field of technology to their counterparts in the Iraqi private sector

"The digital transformation is a transformation in all sectors, including humanity, not just electronic services," said the chairman of the Jordanian production association Bashar al-Hawamdeh. "Our association has great experience in the field of intellectual property protection and how to operate proprietary systems "We are now putting our expertise as Jordanian companies in the service of Iraq, because we have been able in a number of Arab countries to apply e-government and digital transformation in terms of technology and thought

The conference consisted of three sessions on the topics of digital transformation in the financial sector, regulations and laws related to digital transformation in the banking sector, as well as the promotion of digital transformation through information technology, with the participation of Iraqi Minister of Communications Naeem Al-Rubaie and Jordanian Minister of Digital Economy and Entrepreneurship Muthanna Gharaibeh with the participation of about 20 companies Jordanian and Iraqi

At the end of the conference, an agreement was signed between the Association of Iraqi Private Banks and the Jordanian-Iraqi Economic Association and the Production Association, whereby the parties involved in the field of transfer of expertise and technical and technical consultations will cooperate through meetings, conferences and symposia, which will raise the level of technology and implement training programs in the field of information technology and digital transformation in Iraq

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The Secretariat of the Council of Ministers announced the suspension of the official working day on Sunday

 

The Secretariat of the Council of Ministers announced the suspension of the official working day on Sunday
 
 
2019/7/11 10:23 
 
 
The General Secretariat of the Council of Ministers, Thursday, the disruption of the official working on Sunday.

 

The Secretariat said in a statement received {Euphrates News} a copy of it, that "the General Secretariat of the Council of Ministers announced the disruption of the official working day next Sunday, 14/7/2019." 

"The holiday comes on the occasion of the anniversary of the July 14 revolution," she said.
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Finalize the project of establishing the Kuwaiti-Iraqi free market

 

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11th July, 2019


A Kuwaiti newspaper reported on Thursday that Iraq and Kuwait are close to completing the final touches before signing the agreement to start the establishment of the Kuwaiti-Iraqi free market. 

"The Minister of Commerce and Industry and Minister of State for Services Khaled Al-Rawdan will lead a high-level delegation to meet with an Iraqi government delegation next week in the area of Safwan-Abdali port to complete the finalization," the Kuwaiti newspaper Al-Qabas said in a news item. Before the signing of the agreement on the start of the establishment of «Kuwait-Iraq free market», near the international borders of the two countries. 

She added that the Kuwaiti delegation headed by Rawdan will be represented by the highest level of the Commission for the encouragement of direct investment, the General Administration of Customs, in addition to other related parties. According to the newspaper, "the idea of the free zone Kuwait-Iraq back to 2010, where the governments of the two countries, at the time, the initial approval to establish a joint market near the port of Safwan - Abdali, but some obstacles prevented it. 

 

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Kuwaiti delegation visits Iraq to finalize Kuwait-Iraq free market  LINK

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