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The Securities Commission announces the launch of evening sessions in the Iraq Stock Exchange

  https://economy-news.net/content.php?id=24595
 Market
Economy News _ Baghdad

The Securities Commission announced, on Thursday, that evening sessions will be organized in the Iraq Stock Exchange, starting April 5, for a period of two days a week.
"The Securities Commission, in coordination with the Iraq Stock Exchange, decided to increase the trading hours for the two sessions on Monday and Wednesday from 9:30 a.m. to 3 p.m., starting from the Monday session 5," the head of the Securities Commission, Faisal Al-Haims, said in a statement received by "Al-Eqtisad News." April 2021 within the framework of efforts to encourage and attract interested and investor interested people to actively trade in shares of Iraqi joint-stock companies and securities listed on the Iraq Stock Exchange.
He added that the increase in trading hours will give investors freedom to trade with the increase in the rate of stock turnover, indicating that the Iraqi market for securities has begun to witness a big boom in increasing the trading volume, as according to the reports of the Arab Monetary Fund, the Iraq Stock Exchange ranked first in the percentage of growth in circulation.

Number of observations 152 Date of addendum 03/25/2021

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4 minutes ago, 6ly410 said:

The Securities Commission announces the launch of evening sessions in the Iraq Stock Exchange

  https://economy-news.net/content.php?id=24595
 Market
Economy News _ Baghdad

The Securities Commission announced, on Thursday, that evening sessions will be organized in the Iraq Stock Exchange, starting April 5, for a period of two days a week.
"The Securities Commission, in coordination with the Iraq Stock Exchange, decided to increase the trading hours for the two sessions on Monday and Wednesday from 9:30 a.m. to 3 p.m., starting from the Monday session 5," the head of the Securities Commission, Faisal Al-Haims, said in a statement received by "Al-Eqtisad News." April 2021 within the framework of efforts to encourage and attract interested and investor interested people to actively trade in shares of Iraqi joint-stock companies and securities listed on the Iraq Stock Exchange.
He added that the increase in trading hours will give investors freedom to trade with the increase in the rate of stock turnover, indicating that the Iraqi market for securities has begun to witness a big boom in increasing the trading volume, as according to the reports of the Arab Monetary Fund, the Iraq Stock Exchange ranked first in the percentage of growth in circulation.

Number of observations 152 Date of addendum 03/25/2021

 

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Securities announce evening sessions

 
Securities announce evening sessions
 
 
03/25/2021 15:45:46

The Securities Commission announced the organization of evening sessions in the Iraq Stock Exchange as of next April 5, for a period of two days a week.

 
The head of the Securities Commission, Faisal Al-Haims, said in a statement that Al Furat News received a copy of, that 

"the Securities Commission, in coordination with the Iraq Stock Exchange, decided to increase the trading hours for the two sessions on Monday and Wednesday from 9:30 a.m. to 3 p.m., starting from 9:30 a.m. to 3:00 p.m."

 

From the session on Monday, April 5, 2021, as part of the efforts aimed at encouraging and attracting interested people and investors to actively trade in shares of Iraqi joint stock companies and the securities listed on the Iraq Stock Exchange.

 

"The increase in trading hours will give investors freedom to trade with the increase in the rate of stock turnover," 

he added, noting that 

"the Iraq Stock Exchange has begun to witness a big boom in increasing the volume of trading,

as according to the reports of the Arab Monetary Fund,

the Iraq Stock Exchange ranked first with the rate of growth. "Trading."

###########

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The Securities Commission announces the launch of evening sessions in the Iraq Stock Exchange 

 

26863.jpg

 

25th March, 2021

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The dollar is declining significantly after the movements of an armed faction

Posted 1 hour ago
News source / NR TV
253202118258553901Image1-810x510.jpg
NR TV
News source / NR TV

 

The exchange rate of the dollar against the Iraqi dinar declined significantly, Thursday, after the armed movements of the Rub of God faction and its demand to reduce the value of the dollar against the dinar to its previous levels.

The sale price of the hundred dollar bill against the dinar decreased today (March 25, 2021) to 144,300 dinars, while the purchase price reached 143,055 dinars

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Urgent .. Parliament agrees to grant citizens of Kurdistan Region 5 dollars for every barrel of oil

%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%

 

/ Baghdad / S. R

Today, Thursday, the Parliamentary Regions and Governorates Committee announced that the Kurdistan Region will be included in the petrodollar fund within the general budget law for 2021.

"The petrodollar fund was allocated to the oil-producing provinces and the region, but he did not specify the amount, which may be 3-5 dollars for each barrel of oil," said the head of the committee, Sherwan Aldobardani, in an interview followed by (Iraqi Media News Agency).

Dubardani added, "The purpose of this fund is to support the southern and central governorates to benefit from the petrodollars, for the purpose of providing services to the people of the province."

The head of the committee pointed out that "the funds allocated from the petrodollar fund will go directly to the oil-producing provinces and the Kurdistan Region

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Magda Al-Tamimi responds to a statement attributed to her regarding changing the dollar exchange

Posted 36 seconds ago
News source / NR TV
2532021211212%D9%85%D8%A7%D8%AC%D8%AF%D8
NR TV
News source / NR TV

 

On Thursday, Majda Al-Tamimi, a member of Parliament, denied a statement attributed to her, stating that "those who are demanding to change the exchange rate of the dollar are ignorant ."

Tamimi’s media office said in a statement that NRT Arabia received a copy of it, today (March 25, 2021) that “Some of those suffering from a shortage contract deliberately published a forged statement whose contents are (Majida Al-Tamimi that those who demand a change in the dollar exchange rate are ignorant) and the goal is clear to bring down the characters. Patriotism and confusion of public opinion .

The media office added that “the electronic armies funded by corrupt and failed people who were exposed in front of public opinion and damaged their interests aim to dislodge powerful competitors and distort their image. and the provision of services to citizens rather than Tsagit others , but they baptising these methods for their inability and failure to provide any fruitful result of the country " .

The media office stressed, "The need to be accurate in reporting news and to approve news and statements issued only from our official websites

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The Presidents of the Republic and Parliament affirm the need to expedite budget legislation

Posted 30 seconds ago
News source / Alsumaria channel
Doc-P-376861-637522919663253945-810x455.
Alsumaria channel
The source of the news / Alsumaria channel

 

The Presidents of the Republic, Barham Salih and Parliament, Muhammad al-Halbousi, stressed, on Thursday, the need to expedite the legislation of the budget law.

 

Al-Halbousi's office said in a statement, “Parliament Speaker Muhammad al-Halbousi received today, Thursday, the President of the Republic, Barham Salih, and during the meeting, they discussed the overall situation and crises the country is going through, and ways to address them under the current circumstances.”

 

The meeting discussed, according to the statement, “early elections and creating the appropriate atmosphere for conducting free elections that express the will of the citizen and enhance confidence in their results.” There was also “discussion of the Federal Budget Law for the fiscal year 2021, and an emphasis on the need to expedite its legislation

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The Minister of Finance chairs the session preparing the budget strategy for the years 2022-2024

Posted 3 hours ago
News source / Tigris Channel
iraq-news-810x456.jpg
Tigris Channel
News source / Dijla Channel

 

The Minister of Finance, Ali Abdul Amir Allawi, chaired an expanded meeting of the committee preparing the federal budget strategy for the medium term 2022-2024, in the presence of the deputy minister, the advisor to the prime minister, and the general directors of other ministries.

A statement by his media office received by the "Tigris", today, Thursday, stated that "the meeting discussed mechanisms for drawing a strategy for general budgets and ways to reform the development of approved systems by preparing budget strategies for the coming years in line with the Iraqi economy's need to achieve comprehensive economic development."

The Minister of Finance stressed the focus of the next budget strategy towards activating the investment side, maximizing non-oil financial resources, determining revenues, and emphasizing the need to approve the program budget to achieve the best performance according to the plans and timings set.

Allawi referred to the development of appropriate mechanisms for financing and the involvement of the private sector, approving the completion of strategic projects with a multiplier effect, and submitting a report on the external and internal debt and scheduling it by the Public Debt Department

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5 minutes ago, 6ly410 said:

Urgent .. Parliament agrees to grant citizens of Kurdistan Region 5 dollars for every barrel of oil

%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%

 

/ Baghdad / S. R

Today, Thursday, the Parliamentary Regions and Governorates Committee announced that the Kurdistan Region will be included in the petrodollar fund within the general budget law for 2021.

"The petrodollar fund was allocated to the oil-producing provinces and the region, but he did not specify the amount, which may be 3-5 dollars for each barrel of oil," said the head of the committee, Sherwan Aldobardani, in an interview followed by (Iraqi Media News Agency).

Dubardani added, "The purpose of this fund is to support system" rel="">support the southern and central governorates to benefit from the petrodollars, for the purpose of providing services to the people of the province."

The head of the committee pointed out that "the funds allocated from the petrodollar fund will go directly to the oil-producing provinces and the Kurdistan Region

 

LINK

A parliamentary committee announces the inclusion of the Kurdistan Region in the petrodollar fund

 

1616671725324.jpg

 

25th March, 2021


The Parliamentary Regions and Governorates Committee announced, on Thursday,

that the Kurdistan Region will be included in the petrodollar fund within the general budget law for 2021.

 

The federal budget, in its version prepared for voting in Parliament, included an increase in the percentage of petrodollars that reached 5 dollars,

as well as doubling the allocations for this sector from 500 billion to one trillion dinars, in order to be invested in the advancement of oil-producing provinces.

 

The head of the committee, Sherwan Al-Dubirdani, told Shafaq News, 

"The petro-dollar fund was allocated to the oil-producing provinces and the region,

but he did not specify the amount, which may be 3-5 dollars per barrel of oil."

 

Dubardani added, "The purpose of this fund is to support the southern and central governorates to benefit from the petrodollars, for the purpose of providing services to the people of the province."


The head of the committee indicated that 

"the funds allocated from the petrodollar fund will go directly to the oil-producing provinces and the Kurdistan Region." 

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Al-Kazemi: canceled the currency auction, and saved 6 billion dollars that was going to the corrupt

Al-Kazemi: canceled the currency auction, and saved 6 billion dollars that was going to the corrupt

Thursday, 25 March 2021 6:41 PM

Baghdad / National News Center
The Prime Minister, Mustafa Al-Kazemi, confirmed today, Thursday, that the cancellation of the currency auction saved 6 billion dollars that were going into the pockets of the corrupt.

Al-Kazemi said, in a speech during a ceremony honoring the families of the martyrs of the press, attended by the "National News Center", that "the cancellation of the currency auction saved 6 billion that was going to the pockets of the corrupt," stressing that "part of this money was going to parties carrying weapons to finance their members."

He added, "Some banks were stealing public money through currency auction," noting that "this government came in difficult circumstances."

He continued: "For the first time since 1970, the budget depends on oil by 70%," stressing that "there are no countries that depend on 96 percent on oil except the corrupt ones."

He emphasized, "The government presented the white paper to reform the economic situation

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Mr. Al-Sadr comments on the review of “Rubu Allah” demands for changing the exchange rate

Mr. Al-Sadr comments on the review of “Rubu Allah” demands for changing the exchange rate

Thursday, 25 March 2021 1:06 PM

Baghdad / National News Center

The leader of the Sadrist movement, Sayyed Muqtada al-Sadr, commented today, Thursday, on the review of "Rubu Allah", which demands a change in the exchange rate.

“One of the militias has resorted to an armed military parade and massive deployment in the beloved capital, Baghdad, for demands such as the exchange of the dollar,” Mr. Sadr said in a tweet on Twitter, followed by the National News Center.

He added: "Resorting to weapons to fulfill the demands is unacceptable, and the government must prevent it from happening again, and that this party that performed the show, if it belongs to the Mujahid crowd, the crowd must punish it, otherwise it is declared innocent."

IMG-20210325-WA0011-212x300.jpg

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9 minutes ago, 6ly410 said:

Urgent .. Parliament agrees to grant citizens of Kurdistan Region 5 dollars for every barrel of oil

%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%

 

/ Baghdad / S. R

Today, Thursday, the Parliamentary Regions and Governorates Committee announced that the Kurdistan Region will be included in the petrodollar fund within the general budget law for 2021.

"The petrodollar fund was allocated to the oil-producing provinces and the region, but he did not specify the amount, which may be 3-5 dollars for each barrel of oil," said the head of the committee, Sherwan Aldobardani, in an interview followed by (Iraqi Media News Agency).

Dubardani added, "The purpose of this fund is to support system" rel="">support the southern and central governorates to benefit from the petrodollars, for the purpose of providing services to the people of the province."

The head of the committee pointed out that "the funds allocated from the petrodollar fund will go directly to the oil-producing provinces and the Kurdistan Region

MOTHER!!  Could be an HCL BABY!! 

Thanks!! 6LYDISFIGURED.:D

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The Finance Committee warns: The 2021 budget may be canceled for this reason?

Editing date: 3/25/2021 15:11http://www.alliraqnews.com/modules/news/article.php?storyid=10748574 read times
The Finance Committee warns: The 2021 budget may be canceled for this reason?
[Baghdad-Where]
The Parliamentary Finance Committee warned, on Thursday, of indicators that may lead to the cancellation of the 2021 budget.
The deputy for the committee, Jamal Cougar, said, "The issue is not the issue of the region, and the region’s share is a peg, stressing that there are two wills in the Iraqi state. A will that does not want the elections to take place nor for this government to succeed nor to approve the budget and it has 3 arguments, which are the peg for the region’s share," And the exchange rate of the Iraqi dinar, and the lack of fairness in distribution, and these are all arguments and are not a reality and a real disagreement. ”
He pointed out,“ There is a will to the contrary from these who want the elections to take place and for the government to succeed and discussed the budget and connected it to the voting rope, but the other hand does not allow this budget. You go to the vote.
”Cougar added,“ That hand that does not want to approve the budget has interfered and does not want the Kurdistan region’s delegation to pass agreement with the political forces in Baghdad last week nor to pass the budget. ”
A member of the committee warned that the current year’s budget was not approved due to the conflict of wills, pointing out that “the conflict of the two administrations in one direction has not been resolved until we speculate on which options will be realized, whether the option of voting or the option to postpone and even the option of canceling the budget.”
He continued: "If these wills insist, the budget may not be approved because there is nothing left of the current year, and there are elections in the tenth month and the remaining period is less than 6 months, and even if it is approved, there are questions about how the budget is spent, frankly the budget is much delayed and there are segments of society. Need to be approved
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1 minute ago, 6ly410 said:
Mr. Al-Sadr comments on the review of “Rubu Allah” demands for changing the exchange rate

Mr. Al-Sadr comments on the review of “Rubu Allah” demands for changing the exchange rate

Thursday, 25 March 2021 1:06 PM

Baghdad / National News Center

The leader of the Sadrist movement, Sayyed Muqtada al-Sadr, commented today, Thursday, on the review of "Rubu Allah", which demands a change in the exchange rate.

“One of the militias has resorted to an armed military parade and massive deployment in the beloved capital, Baghdad, for demands such as the exchange of the dollar,” Mr. Sadr said in a tweet on Twitter, followed by the National News Center.

He added: "Resorting to weapons to fulfill the demands is unacceptable, and the government must prevent it from happening again, and that this party that performed the show, if it belongs to the Mujahid crowd, the crowd must punish it, otherwise it is declared innocent."

IMG-20210325-WA0011-212x300.jpg

Mr Al-Sadr is on board for a nice exchange rate.  

SUMBISQUIT!!!

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Conscious / Finance Committee: There are parliamentary signatures that were collected in order to reduce the exchange rate

March 25, 2021 2 Views

Conscious / Baghdad / N.N.

https://al-iraqinews.com/archives/119353

84122020_%D8%A7%D9%84%D8%AF%D9%8A%D9%86%

On Thursday, a member of the Parliamentary Finance Committee, Muhammad al-Shabaki, proposed the formation of a joint parliamentary and governmental committee to come up with a position that serves the public interest with regard to the exchange rate of the dinar against the dollar.

A statement by Al-Shabaki, followed by (the Iraqi Media News Agency / INA), stated that “disputes regarding Article 11 of the federal budget are still continuing, awaiting the arrival of a delegation from the Kurdistan region who will go to Baghdad today or tomorrow to complete the dialogues on the budget, which stopped since the end of the week, hopefully. That there be a certain consensus or the presentation of an acceptable proposal that will be agreed upon, ”indicating that“ what we hope from the Kurdish side is closer and not betting on the patience of the members of the House of Representatives, given that they cannot afford not to vote on the budget pending the settlement of the region’s issue. ”

Al-Shabky added, "The Kurdish delegation is required to provide realistic solutions so that consensus and vote on the budget are reached in the next Saturday session," noting that "the political majority is the last option in passing the budget, and we hope that there will be other solutions that reach a consensus on the subject." That "Parliament and the representatives of the people in front of a great embarrassment in front of the citizens, given that all facilities of economic life are suspended pending the completion of the budget."

On reducing the exchange rate, he pointed out that “there are parliamentary signatures that were collected in order to reduce the exchange rate in addition to forming the government a committee to study the implications and repercussions of the exchange rate. "Joint Parliament and government in order to go to hold meetings and dialogues to come up with a position that serves the public interest.

He continued, "Saturday's session without a government decision to amend the exchange rate will lead to delaying the vote on the budget for another period, and if the government goes to change the exchange rate, this also means changing many numbers and equations within the budget, and it also needs two or three days to rebuild the numbers on the price." the new

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140367.jpg.4e79f7cfb03c6f0340b72fac522f9f3d.jpg
 

Central Bank: The new exchange rate has made significant gains

Baghdad / Obelisk: The Central Bank of Iraq stated, Thursday, March 25, 2021, that the new exchange rate has made significant gains.

The Deputy Governor of the Central Bank, Ihssan Shamran, said in a press statement followed by the obelisk that "the bank pursues a quiet policy in the issues that people deal with from their viewpoints, and does not enter into discussions that affect expectations."

He added that "the central bank believes that the new price has made great gains, the first of which is to enhance competitiveness in favor of national products, whether agricultural or industrial, in addition to strengthening the public financial resource, which is another goal of the decision."

He added, "It is necessary to enhance the stability of this decision and not to create shocks that would worry citizens and affect the sustainability of their activities."

Follow the obelisk

 

 

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152070.jpg.008e6e34d444e09a1e1f751213408d97.jpg
 
2021/03/25 15:15
  • The number of readings 91
  • Section : Iraq

Kurdistan announces two proposals in the budget regarding the region’s share and is preparing to implement one of them

Baghdad / Al-Masalla: The spokesperson for the Vice President of the Kurdistan Regional Government, Samir Hawrami, said Thursday, March 25, 2021 that the new formulation agreed upon in the draft fiscal budget for 2021 included two proposals and the region is ready to implement one of them.

Hawrami said in a press statement followed by Al-Masala, that the Kurdistan Regional Government has concluded, since April 2020, with the federal government, 3 types of agreements, regarding financial dues, indicating that there are currently two proposals about the Kurdistan region’s share of the budget for the year 2021, a proposal for the government Federal, and another for the Finance Committee and parliamentary blocs.

He added that the region is ready to implement one of the two proposals that were agreed upon, indicating that the Parliamentary Finance Committee voted for the article on the Kurdistan region’s share of the budget, so, the region’s share is not the reason for delaying the vote on the budget law.

Hawrami indicated that the Kurdistan region’s delegation will return to Baghdad whenever required, pointing out that the head of the negotiating delegation, Qubad Talabani, informed the Iraqi parties that if the Kurdistan region’s share constitutes an obstacle to providing services to the central and southern governorates of Iraq, then send the budget and the share to them, but Since 2014, payments have not been sent out for many months, nor have the problems of these areas been addressed.

He stressed that the Kurdistan Regional Government is proceeding with the steps of reforms and that all efforts continue to reach an agreement with Baghdad.

Last Saturday, the Iraqi parliament failed to vote on the federal budget bill for 2021, following the continuing disagreements over some items and the session was postponed to next Saturday.

The deputies ruled out voting on the budget for the failure to reach agreement yet on the differences, especially the region's share.

The federal budget allocations are estimated at 130 trillion Iraqi dinars (about $ 89.6 billion).

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1 hour ago, DinarThug said:

Rub A Dub Dub - The Auctions Have Been Scrubbed ! :o 

 

Let’s Go Hit A Pub ... :cheesehead:

 

:D  :D  :D 

 

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Al-Kazemi comments on the parade of the Rub of Allah in Baghdad

Al-Kazemi comments on the military parade in Baghdad and reveals its goal

 

25th March, 2021


Prime Minister Mustafa Al-Kazemi commented, on Thursday, on the review of the "Rubu Allah" faction in the capital Baghdad.

Al-Kazemi said in a speech during a ceremony honoring the press martyrs, which was held at the headquarters of the Press Syndicate in Baghdad, attended by Mawazine News, that "there are demonstration movements that took place today whose purpose is to confuse the work of the government." 

He explained that the current political system has gone through difficult circumstances, saying: "By God, we will not fear anyone and only fear our consciences." 

He pointed out that for the first time since 1970, the budget relied on oil at a rate of 70%, and that some banks were stealing public money through currency auction.
 

About the white paper, he said: “We presented the white paper to reform the economic situation,” indicating that the government's mission is only Preparing for free and fair elections. 

He pointed out, 

"The cancellation of the currency auction saved 6 billion that was going into the pockets of the corrupt,"

noting that "the central bank added 4 billion to the reserve within 3 months."


When I read the headline I immediately thought of a massage parlor...reckon I was way off, but when Rub being in bold Whats a horse to think ?

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Regional government: We have nothing to do with postponing the budget vote
 
Thursday 25 March 2021 - 08:45
 
[[article_title_text]]
Spokesman for Deputy Prime Minister Samir Hawrami
(INA) Baghdad: Soma Al-Jaf - The Kurdistan Regional Government confirmed, today, Thursday, that there is no connection with delaying the vote on the budget bill for 2021, indicating that the Kurdish delegation will return to Baghdad whenever the need arises.   
 
The spokesman for the Deputy Prime Minister of the Kurdistan Regional Government, Samir Hawrami, told the Iraqi News Agency (INA): “Article 11 of the draft budget law for the Kurdistan region’s share was voted on by the Finance Committee, and it was passed in the House of Representatives,” stressing that “the voting session was postponed. The draft budget law has nothing to do with the share of the Kurdistan region. "
 
He added that "the disagreement between the political blocs about other articles not related to the share of the Kurdistan region," noting that "there is a slight problem about the formula, and it will be amended, and we are waiting for the parliament session on Saturday to pass that article as it is or to pass the proposal sent by the Iraqi government that states On the delivery of 250 thousand barrels and 50 percent of the ports' resources. " 
 
He stated that "the delegation's visit again to Baghdad is not known at the moment, but whenever the need arises, we will return to Baghdad
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Just now, horsesoldier said:


When I read the headline I immediately thought of a massage parlor...reckon I was way off, but when Rub being in bold Whats a horse to think ?

Your though was better than mine.. 3 men in a tub is not a pleasant picture in my head. 

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