Spiked Camel Kava Llama Java !

[DinarThug]

XE Currency Converter Post From Delta ..,

 

 

 

UNITED STATES DOLLAR TO IRAQI DINAR (USD TO IQD)

 

  

Iraq - Iraqi dinar - IQD

 

 

RATE DATECurrent Date

 

26. September 2019

 

 

×Sorry, exchange rates for this currency pair are not available for the date given.

 

 

FURTHER INFORMATION UNITED STATES DOLLAR - IRAQI DINAR

 

Close: - Open: - Daily Low: - Daily High: - Date: 9/26/2019 Day of Week: Thursday

 

NEVER SEEN THIS BEFORE...

 

DELTA

[DinarThug]

XE Currency Converter: 1 IQD to USD = 0 USD

 

Fast, easy money transfers to over 120 countries and 65 currencies

 

 

IQD

 

 

Live mid-market rates

0.00  USD

1 IQD  =  0.00083487  USD

Transfer fee -.-- 

You want

 

USD

 

 

Unfortunately we are not able to provide online money transfers from IQD to USD at this time.

 

https://www.xe.com/

 

DELTA

[soon]

1197.68 at present time 

[DinarThug]

LINK

Parliamentary delegation visiting the region .. These are the most prominent files

 

 

 

2019/26 22:53

 

 

MP revealed the mass of the Kurdistan Democratic Party, Mohammed Shaker, a parliamentary delegation will visit the Kurdistan region early next week.

Shakir said (for the Euphrates News) that "the delegation consists of members of the committees of legal, oil, gas and finance; to discuss a number of issues with officials of the region." "There is a good rapprochement between Erbil and Baghdad," he said.

The visit comes at a time when a delegation from the Kurdistan Parliament headed by Deputy Speaker Heiman is Rami, on Thursday, to Baghdad.

In this regard, the Chairman of the Committee on Energy and Natural Resources in the Kurdistan parliament , said in a press statement that "the delegation explained during the meetings of the policy of the provincial government with solving problems and as long as the two sides live in the framework of one state, the only way before them is to solve the problems through dialogue."

 

Edited September 27, 2019 by DinarThug

[DinarThug]

LINK

Halbousi: Iraq will not be within the axes, but will be a hub in itself

 

 

 

2019/26/09 21:32

 

 

Speaker of the House of Representatives Mohammed Halbousi, on Thursday, the launching of the work of the Rafidain Forum for Security and Economy, which is attended by a large number of deputies, officials, scientists, researchers and intellectuals from different Arab and foreign countries.

He said in a speech that "Iraq has gone a long way in strengthening security after the victory over ISIS, and is also determined to mature economic vision in the country from the rentier economy to multi-resource economy, depends on advanced industrial and agricultural plans, as well as working to develop investment opportunities and support Investors."

The Speaker of the House of Representatives that "the Council is working to legislate laws that contribute to secure a decent life for all Iraqis, and continues to work on the oversight of the performance of the government program, and provide services, and the development of infrastructure."

He added that "Iraq - after a holy war against terrorism - will not be within the axes, but it will be a hub in itself, and a goodbye to love and peace, pointing out that the security of the region is a common security, and everyone must work to ward off the danger and defuse the crisis and away the specter of war." 

 

########

 

LINK

 

Rafidain conference for security and economy held in Baghdad

 

26th September, 2019

 

Al-Rafidain Forum for Security and Economy was held on Thursday under the slogan "Iraq is recovering''from 26 to 28 September 2019 at the Babylon Hotel in Baghdad, while discussing various issues that concern the future of Iraq in the fields of economic, security and development.

"The forum is being held at a time when Iraq needs to focus on security and economic affairs in order to create the appropriate environment to advance the economy and achieve the desired development in all its aspects, " the organizing committee said in a statement received by Alsumaria News . - Security and the economy - will not be easy task, especially in light of the situation in the Middle East of the political division on the basis of different axes and sometimes conflicting, and the rentier state model poses the biggest challenge to the file of the economy in Iraq, especially in light of the ongoing turmoil in markets Oil, while the need to meet the security challenges in Iraq, at the level of dealing with sleeper terrorist cells or addressing extremist ideology in general."

She added that "the forum witnessed an important local and international presence of politicians, decision makers and opinion holders to discuss various issues of concern to the future of Iraq in the economic, security and developmental fields."

She continued that “the objectives of the forum is to bring together experts, academics and specialists as well as government and non-governmental personalities interested in security and economic affairs in the Middle East and the world, in Baghdad to discuss and discuss, and to discuss what is new in the regional political situation, amid the increasing policies of the axes in the Middle East. Middle East , including international interventions and positions on the countries of the region and the future of the current crises in the Middle East."

 

She explained that "one of its objectives is to strengthen and strengthen the ties and relations that combine research institutions in Iraq with their counterparts in many important countries, and provide a platform for discussion and deliberation on the challenges of Iraqi and regional security, and dialogue with the concerned Iraqi and regional officials from the countries of the Middle East on their reform and security program,Especially in preventing the return of ISIS , the security of the region, addressing the problem of the displaced, the threats posed by extremism, providing a platform for discussion and debate about the Iraqi and regional economy and its challenges and how to make Iraq an important hub for the regional economy, and to discuss Financial, agricultural, industrial, telecommunications and energy sectors.

"The forum also aims to return Baghdad to play its natural role - after achieving security and stability - to be the destination that brings together various specialists and interested to discuss and deliberate on the affairs of Iraq and its security, economic and political problems, rather than discussing it in other capitals and cities.

[DinarThug]

LINK

Iraq Stock Market Report

 

 

27th September, 2019

 

Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 26th September 2019).

Please click here to download a table of listed companies and their associated ticker codes.

The RSISX index ended the week at IQD630 (+2.4%) / $678 (+2.4%) (weekly change) (-4.4% and -4.5% YTD change, respectively). The number of week traded shares was 1.2 bn and the weekly trading volume was IQD1.3 bn ($1.1 mn).

 

 

ISX Company Announcements

 

The Iraqi Stock Exchange (ISX) and the Iraqi Securities Commission (ISC) announced that as of September 2019, trading data would be available in the Arab Monetary Fund database among 17 stock exchange markets registered in the fund. The price index became within the composite index of the Arab Monetary Fund for Arab financial stock exchange markets for the first time in the history of Iraqi financial markets, as well. This is considered as a positive step towards increasing the clients’ trust in the Iraqi markets.(ISX) ISX will suspend trading of Cihan Bank for Islamic & Finance (BCIH) starting Oct. 8, 2019 due to the AGM that will be held on Oct. 12, 2019 to discuss and approve 2018 annual financial statements. Ready-Made Clothes (IRMC) and AL- Kindi of Veterinary Vac. (IKLV) will resume trading on Sep. 29, 2019 due to disclosing their 2018 annual financial statement. Iraqi Date Processing and Marketing (IIDP) and Al-Zawraa for Financial Investment (VZAF) will resume trading on Sep. 29, 2019 after discussing and approving 2018 annual financial statements. ISX suspended trading of Al Janoob Islamic Bank (BJAB) starting Sep. 26, 2019 due to the AGM that will be held on Oct. 1, 2019 to discuss and approve 2018 annual financial statements. Sumer Commercial Bank (BSUC) resumed trading on Sep. 25, 2019 after discussing and approving 2018 annual financial statements and deciding to distribute 4% cash dividend (IQD0.04 dividend per share, 7.3% dividend yield). ISX suspended trading of Mosul Bank for Development & Investment (BMFI) starting Sep. 24, 2019 due to the AGM that will be held on Sep. 29, 2019 to discuss and approve 2018 annual financial statements. Mamoura Real-estate Investment (SMRI) invited its shareholders to receive their cash dividend (5% cash dividend, IQD0.05 dividend per share) starting Oct. 1, 2019. Asia Al Iraq Islamic Bank for Investment (BAIB) invited people for the public subscription for its 50% rights issue to increase the capital from IQD100 bn to IQD150 bn. Subscription started on Sep. 18, 2019. Subscription period is no less than 30 days and no more than 60 days.

[DinarThug]

LINK

The President discusses with the President of the World Bank the support of the Bank projects in Iraq

 

 

26th September, 2019

 

On the sidelines of the UN General Assembly in New York, President Barham Saleh discussed with the World Bank President David Malpas the importance of the World Bank's support for economic projects that take into account the needs and priorities of Iraq.

A statement issued by the presidency received by Al-Ahd News on Thursday that Saleh met with Malbas, and stressed the importance of World Bank support for economic projects that take into account the needs and priorities of Iraq, and promote development efforts to enable the state to achieve economic reform program.

The President added, "Iraq has taken great steps in this regard, which was achieved thanks to the tangible stability in the country."

[DinarThug]

US Defense Secretary threatens to exterminate Iranian factions in Iraq

 

 
Thursday, September 26, 2019

 

 

Baghdad - Writings

 

 

BAGHDAD (Reuters) - The Iraqi government has received the deadliest US threat in response to the Katyusha rocket attack on the perimeter of the US embassy in Baghdad, a Saudi newspaper said on Monday.

Prime Minister Adel Abdul-Mahdi received a phone call from US Defense Secretary Mark Esper as soon as the embassy was targeted.

He added that Washington is fully prepared to implement the scorched earth policy against those who directed its missiles at the US embassy, which means reconsidering the way Washington deals with the armed factions of Iran in Iraq, and the US forces completely destroying their headquarters and warehouses.

According to the newspaper, the US Secretary of Defense issued a warning to Abdul Mahdi, that his country will be forced to intervene and implement the scorched-earth policy of exterminating the positions of those factions if the Iraqi government does not intervene as soon as to prevent the recurrence of such attacks.

link

[DinarThug]

On 9/26/2019 at 1:30 PM, DinarThug said:

 

Finance Minister and US official discuss the economy of Iraq and its banking sector

Date of edit:: 2019/26 21:46 

 

 

 

(BAGHDAD: Al-Furat News) 

 

Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein in his office in Baghdad, Thursday, Marshall Billingsley, US Assistant Secretary of the Treasury and his party

"During the meeting, which was attended by US Ambassador to Iraq Matthew Toller, they reviewed the economic and financial situation in Iraq in particular and the region in general," a statement from the minister's office said.

The two sides also discussed "the mechanism of reforming the banking sector and ways to improve it, which reflects positively on the advancement of the economic reality in the country."

They also discussed "the Iraqi government's plans to increase electricity production in preparation for next summer season and to cover all the energy needs of the provinces."

link

 

Washington: Ready to build advanced banking system in Iraq and fight corruption

 

 Economical  26/09/2019  

 

 Washington: Ready to build advanced banking system in Iraq and fight corruption

Kalkamsh Press / Baghdad

 

 

WASHINGTON (Reuters) - The United States is ready to help Iraq build an advanced banking system and contribute expertise to fight corruption during a meeting with House of Representatives Speaker Mohammed al-Halbousi and US Ambassador to Iraq Matthew Toller, US Treasury Undersecretary for Terrorist Financing Marshall Billingsley said Thursday.
The Information Office of the President of the House of Representatives in a statement, that Halbousi "discussed during the meeting political, economic and security developments in Iraq," stressing "the role of the House of Representatives in the adoption of legislation guaranteeing the development and stability in the country."
The statement added, "The Speaker stressed the importance of the United States and the international community to make more efforts to combat terrorism and dry up its sources and financing," noting "the need to reduce the escalation in the region and the encirclement of crises and the call for dialogue and peace."

The statement continued, "Halbousi called for encouraging US companies to invest more in Iraq in all industrial and commercial areas."

For his part, the US Assistant Secretary of Treasury affirmed his country's keenness on Iraq's security and sovereignty, protecting democracy in Iraq and the gains achieved after the victory in his war on terror. He pointed out that Washington is ready to provide assistance to build an advanced banking system in Iraq. Expertise to fight corruption. ”

link

[DinarThug]

Achievement qualifications with China

Friday 27 September 2019

Thamer Alhims

 

The relationship between Iraq and China extends to the time of the establishment of Basra, which is not a relationship of conquests and occupations, and therefore the relationship with China is a complete historical context, and the contemporary relationship with it is not marred by the policies of hegemony and influence that are now practiced in our region.

China is the largest trading and economic partner, importing most of our oil. In contrast, our imports are Chinese as defined by our private commercial sector. It is also an important investor in extracting our oil.

The visit of the Prime Minister and the accompanying delegation comes in both historical and economic contexts, as well as industrial and agricultural projects. To pass 108 cities in 16 countries, the volume of trade with this group (8 billion euros) with an investment of approximately (500 billion dollars) for the years (2013 - 2018).

With this investment and this potential, we will be partners with its pioneers in this relationship, not a subordinate determined by regional and international policies through intermediaries or channels.

Our past experience has been disappointing to the elites and the citizen as a whole, so we can say that the visit is detailed according to its indicators and augur well for a general and high quality of the country after we put our points on our letters with unlimited accuracy and diligence. Current.

Since 2003, the country intends to move to a market economy and gradually become a productive economy.

In this situation, will we receive the qualitative Chinese relationship? Especially since this first meaning is his opinion and he is right, but this is a natural product of contexts that have moved away from their historical Iraq as a civilization and heritage that extends deep into time.

First, we need an effective law for a national oil company that turns our previous equations as a dam for oil ponds to become an active oil in industry and agriculture, integrating them organically with them. , A service board outside the equation, a federal court, and a public prosecution to set the rhythm) to reassure our larger partner economically and the rest know their limits, both international and regional, hoping that our prime minister's visit will take its Me.

link

[DinarThug]

Rafidain Forum for Security and Economy kicks off

 

Friday 27 September 2019

 

 

Baghdad / Hussein Thughb 

 

 

Al-Rafidain Forum for Security and Economy kicked off yesterday with a large local and international conference that will last for three days. It focuses in detail on the opportunities and challenges of economic reform in Iraq, as well as the "Iraqi economy is the focus of the regional economy" and the challenges facing the financial sector. .

Speaker of the House of Representatives Mohammed al-Halbousi talked about security and economic commonalities in relations between countries, and their important role in strengthening these relations, and the positive role of common interests by promoting ways of cooperation.

He said: "Iraq has come a long way in security, and is still in the early stages of the economic side because of the circumstance experienced by the country during the past years."

He pointed to "the importance of the development of the banking sector, and that what is required is to upgrade to the level of international performance, especially as Iraq is still working socialist systems, in light of Iraq's transition to a free economy."

 

Action Plan

 

Halbousi talked about the promotion of the industrial and agricultural sectors according to a clear and organized work plan to achieve self-sufficiency as a first stage.

The representative of the judiciary, Faeq Zeidan, said in his speech on the economic side: "The requirements of development are linked to security and judiciary on the side of the rights of investors and to ensure, Whether they are local or side".

 

Drive the economy

 

In turn, Oil Minister Thamer Ghadhban said: "The world is witnessing development in various fields despite the challenges," pointing out that "energy is an engine of the economy and the source of money, and that the oil and gas sector works in three axes, the first of which is the development of oil production and export capacity, and Iraq retains its position at the forefront of producing countries. It is ranked second in the Organization of Petroleum Exporting Countries (OPEC) and fourth in the world, while the other axis focuses on increasing gas investment.

He continued, "The coming period witnesses the signing of other contracts, all of which contribute to the investment of all quantities of gas, which ends the stage of burning, as the third axis focused on liquidation, as Iraq still imports some derivatives due to the aging of refineries and damage in areas that have lived terrorism, and work continues to develop this joint The important".

 

Floating Island

 

Ghadhban pointed out that "the ministry has major projects are to develop the system of transport, storage and export, and then the signing of the establishment of a floating island with a capacity of 3 million barrels per day, as well as diversification of export sources and the importance of this aspect, which gives the ministry flexibility in exporting crude oil in case of any defect in Delivery of cargo through the Strait of Hormuz.

He pointed to "the existence of projects under design, including gas exploration in Western Sahara, exploration and development of border fields with Iran and Kuwait, and the development of marketing capabilities through the establishment of refineries in cooperation with other countries."

 

Financial transactions

 

The Executive Director of the Association of Private Banks, Ali Tariq, pointed out on the sidelines of the conference to the role of communication with the evolving global financial sector, pointing out that "the Association has a plan in cooperation with the Central Bank of Iraq aimed at developing the banking system by urging him to have the best financial systems that can deal With the large numbers required by the Iraqi market, which is a cornerstone for the development of the National economy ".

He explained that "the Association is aware of the importance of having a banking system to compete with major international banks, and this represents our orientation for the next stage, as we have achieved good results in the past period in the subject of communication with major international financial institutions that have expressed their desire for joint cooperation."
link

[DinarThug]

LINK

Maritime Transport Announces Opening of New Line Connecting Los Angeles Ports

 

 

26th September, 2019
 

 

The General Company for Maritime Transport, announced on Thursday, the opening of a new line through the national carrier, from the port of Zayed to the ports of Canada and to the ports of Los Angeles, the US, pointing out that the Iraqi tanker "Al-Hadba" carried 14 thousand tons of iron through that line.  She said the company had not worked for nearly 40 years.

"The trip was not previously recorded in the company, where the hunchback went to South-West Asia for the purpose of refueling and switching part of the crews, then entered the Indian Ocean and then the Pacific to Canada and then," the company director Mohiuddin Abdul Razzaq said in a radio statement. Los Angeles Ports."

"That distance has been crossed by the national carrier over long distances, that is, the company has achieved success and the other success is when the company complies with the requirements of the International Maritime Organization in the most advanced countries," he said. He explained that "Previously since 1975, ships entering the United States must carry special requirements, noting that the opening of the line is also a notice to the concerned authorities about the company's ability to transport materials and long distances and long." 

 

The opening of a new maritime line between Iraq and North America

 
Economical  27/09/2019  157

The opening of a new maritime line between Iraq and North America
 

 

Baghdad -
The Ministry of Transport announced on Friday the opening of a new maritime line with North America after the arrival of the humpback ship to the Canadian port of Vancouver.

The ministry said in a statement received by "Klkamsh Press," that "Minister of Transport Abdullah Laibi, revealed today the arrival of one of the ships of the General Company for Maritime Transport (Al-Hadba) to the Canadian port of Vancouver in a period not seen in Iraqi vessels since 40 years and then the ship will go to Los This is a precedent in the history of the company that has never been seen before. ”

"The arrival of the humpback ship to Canada is an important success that confirms the Iraqi seas commitment to global marine systems and compliance with all international safety requirements, because the Canadian port of Vancouver is one of the most important international ports and does not receive ships that do not respect the international instructions of the International Maritime Organization," he said. IMO. ”.

He pointed out that "the ship sailed nearly 43 days transiting the Indian Ocean and the North Pacific to record an important cruise did not witness Iraqi ships since 40 years to transport on board 14 thousand tons of iron."

"The maritime sector is witnessing important developments at all levels, especially in the field of cargo transport on the high seas," the minister said, adding that "the ministry seeks to provide the company's fleet with new vessels from specialized origins in this regard to raise the reality of the company to the ranks of international companies."
link

[DinarThug]

U Only Had One Job !

 

     

 

 

In Iraq only .. Traffic signs opposite the traffic

 

 Economical  27/09/2019  

 

 

In Iraq only .. Traffic signs opposite the traffic

 

Kirkuk Press / Kirkuk

 

Activists on the websites carried pictures that they said were from the northern province of Kirkuk showing traffic signs opposite the traffic.
link

[DinarThug]

6 minutes ago, DinarThug said:

U Only Had One Job !

 

     

 

 

 

 

     

[DinarThug]

Press conference for contractors on reconstruction projects in Iraq on Saturday

 

 

 

27-09-2019 11:09 PM

 

 

AMMAN - The Construction Contractors Association will hold a press conference on Saturday at the union's headquarters in Deir Ghbar to talk about the latest developments in the reconstruction of Iraq and the opportunities available to the construction and construction companies of various qualities in these projects.

Speaking at the conference, the President of the Arab Contractors Union, Ali Al-Sanafi, President of the Contractors Union of Iraq, along with the Contractors' Association, Engineer Ahmed Al-Yacoub, will discuss the latest developments of these projects.

The Syndicate invited journalists and media representatives to attend the conference, which will be held at 1:00 pm tomorrow in the Khalil Haddadin Hall at the Syndicate headquarters.
- Petra.

link

[DinarThug]

Mosques embarrass Baghdad .. If Washington targets Iran, we will respond in Iraq

 

 Friday 27 September 2019

 

 

 

 

Baghdad - Writings

 

 

A statement that puts Iraq in extreme embarrassment that was launched by the Iranian ambassador in Baghdad, Erj Mosjedi, when he threatened to target American positions in Iraq.

The Iranian ambassador said that his country would respond strongly to the United States if it targeted any military operation, but the response would be to target American bases in Iraq and elsewhere.

"If Washington launches a military strike on Iran, the first response from Iran will hit its positions in Iraq and elsewhere," he said.

The Iranian ambassador has stepped up his rhetoric against the United States by saying that Iran is not kidding its intention to respond to any military aggression and that the Americans are well aware of this, he said.

link

 

################

 

Iraq responds to Iran's ambassador .. We will not allow attacks on US interests

 

 Friday 27 September 2019

 

 

 

 

Baghdad - Writings

 

The Iraqi Ministry of Defense has responded to Iranian threats from Tehran's ambassador to Baghdad, Erj Mosjedi, in which he stressed that US bases and troops in Iraq should be targeted if his country is hit or bombed.

In a statement on Friday, the ministry announced its spokesman Major General Tahsin al-Khafaji in rejecting the use of Iraq as an arena for the conflict between Iran and the United States.

A Defense Ministry spokesman said his country categorically rejects threats from Iran or the United States, stressing that Iraqi territory is a red line.

He said his country would not be a launching pad for any attacks on Iran and at the same time would not allow US interests in Iraq to be threatened.

link

[DinarThug]

LINK

Form a parliamentary sub-committee to select a candidate for the Ministry of Education

 

 

28th September, 2019
 

 

The head of the parliamentary education committee Qusay al-Yasiri, on Saturday, the formation of a sub-committee to choose a candidate for the post of Minister of Education, noting that the selection will be exclusively members of the ministry.

Yasiri said in a statement to the information, that "all members of the Parliamentary Education Committee agreed to nominate several independent personalities from within the ministry and submitted to Prime Minister Adel Abdul Mahdi ."

He added that "next week will see the submission of several names to the Prime Minister and then to the House of Representatives to vote on one of the figures to end the debate on the candidate of the Ministry of Education."

Al-Yasiri pointed out that "all candidates who will be submitted to the House of Representatives are independent and have high experience in the field of education."

[DinarThug]

LINK

Saleh: Iraq is going through a phase of change based on economic recovery

 

28th September, 2019

President Barham Saleh said Friday that Iraq is undergoing a phase of change based on economic recovery and building bridges of cooperation with all countries in the region and the world.

Saleh said during an interview with a group of prominent researchers and experts on Iraq in the Council on Foreign Relations, on the sidelines of the United Nations General Assembly, that "economic integration in the region reduces the chances of the return of terrorism again," noting that "building economic relations is the best solution to build relations "It is a political policy that serves our peoples, achieves national interests and consolidates regional and international stability and security."

 

He added that "the Iraqis have achieved great victories against terrorism, and they want to keep them," asserting that "the victory as the real but it is incomplete and requires international support in order to promote stability in the region." He expressed the hope that "Iraq will become a meeting point for neighboring countries and the world away from conflicts."

[DinarThug]

BANK OF COMMERCE: IT IS NECESSARY TO DEAL WITH THE "US PUNISHED" IN DINARS

 

Saturday, 28 September

 

 

 

 

Baghdad / National News Center

BAGHDAD (Reuters) - Dealing with Iraqi figures with US sanctions cannot be done in dollars, the head of Iraq's Trade Bank said on Saturday.

He added in a statement to the National News Center, that "the sanctions on Iraqi figures prevent banking transactions with them in the dollar." "The dinar should  be adopted instead."

 

https://nnciraq.com/18396/

[6ly410]

Just now, DinarThug said:

The dinar should  be adopted instead.

[DinarThug]

{Arab Monetary} adopts the indices of the Iraqi market for securities

 

Saturday 28 September 2019

 

 

Baghdad / Hussein Thugb 

 

 

The Arab Monetary Fund included the indexes of the Iraq Stock Exchange to its data from the current month of September, and this is the first time that the indicators are displayed within the fund data.

The Executive Director of the Iraqi Stock Exchange Taha Ahmed Abdul Salam said: "As a result of the joint cooperation between the Iraqi Stock Exchange and the Securities Commission with the Arab Monetary Fund, the experimental stages of work in the download of trading data and indicators for the Iraqi market during last August was successfully completed by Links on "Electronic Systems.

Database

"As of the beginning of September, trading data within the Arab Monetary Fund's database became among the 17 financial markets registered in the Fund, and the price index has become within the Fund's composite index for Arab capital markets, for the first time in the history of Iraqi financial markets."

He pointed out that "the number of companies listed on the Iraqi market for securities 102 joint-stock companies constitute the sectors of banking, insurance, remittance, investment, industry, agriculture, communications, hotels, and the total capital of these companies 12130 billion shares."

 

Investor confidence

Abdul Salam said that "this achievement is a positive step towards enhancing the confidence of investors in the Iraqi market and to achieve the objectives of disclosure and transparency in accordance with international best practices."

Abdul Salam said in a previous statement to "morning" that "the market is working to train at least 400 students in order to spread the culture of investment at the level of university students, but if there is a scientific material for students of colleges concerned with economic affairs in all its joints, and thus win a segment It is important to be in the field of investments in stocks and bonds, as it happens internationally.

 

International effort

Abdul Salam said that "the interest of regional and international organizations in the Iraqi market stems from the recognition of the international effort on the importance of Iraq on the international stage, and that it is coming to an important stage, the existence of close economic partnerships between Iraq and the global market that can achieve great benefit from dealing with Iraq, especially "The geographic location and wealth of a country can have a significant positive impact on the world's economies."

In a statement to the "Arab Monetary Fund and the Iraqi Securities Commission" that in the framework of cooperation between them, was in the month (September) 2019 the listing of the Iraqi market for securities officially in the system of Arab capital markets database at the Arab Monetary Fund. This brings to 17 the number of Arab financial markets joining the AMF database.

 

Special indicator

The total market value of the market in 2018 amounted to about 11356 billion Iraqi dinars, equivalent to 9.1 billion US dollars, and thus be the 13th among the Arab financial markets in terms of market value. Accordingly, the Arab Monetary Fund has started to calculate a special index for the Iraq Stock Exchange, based on the data as at 31 July 2019 as a base period.

The sample of the Fund's index for the Iraq Stock Exchange includes 43 companies, whose market value represents about 80 percent of the total value of the market, is at the end of 2018,and the Arab Monetary Fund calculates in addition to indicators for the financial markets that join its database, a general composite index, measuring The performance of the Arab financial markets combined, including the Iraq Stock Exchange as of September 1, 2019.
link

[DinarThug]

LINK

Senior Iraqi official: Soon many of the outstanding problems with the Kurdistan region will be resolved

 

 

28th September, 2019
 

 

The Secretary General of the Council of Ministers Naim Hamid al-Ghazi on Saturday resolved to resolve many of the differences and outstanding issues between the federal government and the Kurdistan Regional Government soon.

Al-Ghazzi said in a statement to reporters today, that "there is a negotiating delegation to resolve the outstanding problems with the region with regard to the issue of oil and border ports and disputed areas as well as Kirkuk other topics," stressing that these are the most prominent points of disagreement between the federal government and the regional government.

"Joint delegations between the two sides are continuing dialogues to solve these problems and soon many will be resolved," he added.

[jg1]

14 minutes ago, DinarThug said:

BANK OF COMMERCE: IT IS NECESSARY TO DEAL WITH THE "US PUNISHED" IN DINARS

 

Saturday, 28 September

 

 

 

 

Baghdad / National News Center

BAGHDAD (Reuters) - Dealing with Iraqi figures with US sanctions cannot be done in dollars, the head of Iraq's Trade Bank said on Saturday.

He added in a statement to the National News Center, that "the sanctions on Iraqi figures prevent banking transactions with them in the dollar." "The dinar should  be adopted instead."

 

https://nnciraq.com/18396/

Does this mean no more buying dollars at auctions for the government officials?😀

[DinarThug]

LINK

Presidency of the Parliament: We seek to approve a package of legislation in support of building non-oil wealth

 

 

28th September, 2019
 

 

A member of the Presidency of the Council of Representatives, Hassan al-Kaabi, on Saturday, seeking to approve a package of legislation in support of building non-oil wealth.

Karim al-Kaabi, while attending one of the sessions of the Rafidain Forum for Security and Economy in Baghdad under the title "Iraqi economy .. axis of the regional economy,", "reliance on oil in support of economic resources in the country is a big mistake." He added, "The House of Representatives has enacted two important laws in this framework, namely the Industrial Cities Law and the amendment of the Companies Law. As well as partnerships with the private sector. "

Al-Kaabi pointed out to the necessity for all political forces to activate their electoral programs, including supporting the national economy, while praising the administrators of the forum, calling on them to "ripen up all visions and proposals that were presented during the sessions and send them to the Council of Representatives and its competent committees to activate them and the possibility of implementing them with the relevant executive bodies." 

[DinarThug]

LINK

With documents, retirement replaces the K-Card with a Master Card and reveals the switch centers

 

 

 

2019/28/09 13:06

 

 

BAGHDAD: The General Retirement Authority has directed the replacement of the "K-Card" card "Master" card, revealing the switch centers.

 

 

 

 

#################

 

LINK

The document .. Retirement directs its employees to replace the cards "ki" card "Master" issued by Al-Rashid

 

 

28th September, 2019
 

Directed the General Retirement Authority, its employees to replace the ki-card cards "MasterCard" issued by the Rashid Bank.

 

##################

 

LINK

Al-Attar praises Al-Rasheed Bank's decision to replace the card with Nakheel MasterCard

 

 

28th September, 2019
 

 

CEO of Zesco Group of Companies haj Ghadeer al-Attar, on Saturday, praised the financial steps followed by Al-Rasheed Bank.

Al-Attar said in a statement, received / Mawazine News / copy of it, that "Rashid Bank was and remains committed to monetary policy in Iraq and keep abreast of developments around the work of that policy." He added, "The decision of Al-Rasheed Bank to replace the K-Card with its Nakheel MasterCard is a step that will lead to keeping the data of citizens salaries within the bank and in order to ensure more transparency in the monetary policy of Al-Rasheed Bank."

This is based on the decision of the General Secretariat of the Council of Ministers and the instructions of the Central Bank of Iraq and the letter of the National Retirement Authority, which includes the need to replace the card of the Bank of Rasheed Bank Palm MasterCard of the Bank by reviewing the nearest branch or center special issuance and replacement of the above cards and according to the centers below.