Heritage University hosts the 6th Day of Financial Inclusion Week



Economy News – Baghdad

The Heritage University in Al-Mansour region on Tuesday hosted the activities of the sixth day of the financial inclusion week with the participation of 21 banks and a number of financial companies under the supervision of the Association of Iraqi Private Banks and the Central Bank of Iraq.

Al-Ahli Bank, Mashreq Al-Arabi, Al-Huda, Trust, Ashour, the Middle East, Iraq, Iraq, Iraq, Iraq, Al-Rajah Islamic, Jihan and Al-Rafidin, as well as Arab and Asian companies such as Hawala, Amwal, Zain Cash and Smart Card.

Within the framework of the Sixth Day of the Week of Financial Inclusion, the celebration of the Iraqi Private Banks was launched on the land of the Heritage University. These banks offered free offers and services to students, teachers and university employees, as well as their banking education.

A number of e-payment companies also raised awareness of the services of MasterCard and Visa Card, explaining how to benefit from them, as well as distributing gifts in which $ 100 was paid as a gift to visitors.

In cooperation with the private banks through the Association of Iraqi Private Banks through the provision of halls for the purposes of training on the land of the university, in addition to the proposal to open educational and awareness sessions between the university and private banks.


Deputy: The Presidency of the Parliament opposed the inclusion of the paragraph of the American bombing of the Federal Police on the agenda

Political | 07:57 – 30/04/2019

 Baghdad – Mawazin News

Revealed MP from the Fatah alliance, Mohammed Karim, Tuesday, the hidden name, which stands against the inclusion of a paragraph discussing the bombing of the US Federal Police in Kirkuk within the agenda of the House of Representatives.

“The second deputy speaker of parliament Bashir Haddad opposed the inclusion of a paragraph discussing the bombing of the US Federal Police in Kirkuk within the agenda of the House of Representatives,” Karim said in a statement received by Mawazine News.

He added that “the opposition of mourning paid 62 deputy to collect signatures and requests and sent to the Speaker of Parliament Mohammed Halbusi for the purpose of including the paragraph on the agenda on Thursday,” surprising “of the silence of the presidency of the parliament of the US bombing, which lasted for more than once in the Iraqi security forces, Those violations of sovereignty and lack of respect for Iraqi blood. ”

And Karim, that “the presidency of parliament postponed the discussion until next Thursday for the purpose of summoning security leaders to reach full facts about the nature of the bombing.”


The Finance Committee holds an emergency meeting to select its chairmanship

Editorial date: 2019/4/30 15:32

{Baghdad: Al Furat News} The Parliamentary Finance Committee held an urgent meeting to choose its presidency.

The presidency of the Finance Committee and other parliamentary committees are still vacant due to the imbalance of the political blocs on the candidates


prime minister announced from Berlin the signing of an agreement with Siemens worth 14 billion dollars

Release date: 2019/4/30 14:57

(Baghdad: Al-Furat News) Prime Minister Adel Abdul-Mahdi announced the signing of important agreements with Germany in several areas, including energy.

“Among these agreements is the signing of a four-pronged agreement with Siemens for $ 14 billion to implement large-scale projects in the electricity field,” Abdul-Mahdi told a joint news conference in Berlin with German Chancellor Angela Merkel.

He added: “We have discussed the situation in the region and the complexities in it and the role of Iraq is important, Iraq to gather parliaments 6 countries surrounding it, and this is a sign of his weight, because he wants to promote peace and remove the negative effects.”

He met with German Chancellor Angela Merkel in Berlin and held a joint session of talks on expanding economic cooperation and developing relations between the two countries in all fields.


Regional Government announces an official holiday

Twilight News

48 minutes ago

Twilight News / The Kurdistan Regional Government announced the suspension of official working hours on Wednesday.

“On the occasion of World Labor Day, we extend the warmest congratulations and blessings to the working class of workers in Kurdistan, Iraq and the world, hoping to realize their demands, hopes and entitlements,” government spokesman Sven Dzai said in a statement.

He added that “On this occasion we declare to the dear citizens in the Kurdistan region that on Wednesday, 2019/5/1 will be an official holiday in all departments and institutions of the Kurdistan Regional Government.”

Wednesday marks the International Workers’ Day, which dates from the 19th century to the United States, Canada and Australia. Before the announcement of this day in years, Chicago in the 19th century was engaged in labor disputes to reduce working hours in Hamilton, especially in the movement known as the eight-hour movement.



Alaq is deputy chairman of the Board of Governors of the Arab Monetary Fund

Samir Nusairi

Samir Nusairi

On April 25, the Arab Monetary Fund organized the tenth session of the Arab Finance Ministers’ Council to discuss the support of small and medium enterprises, the requirements of developing social security systems, strengthening public debt management and benefiting from modern technologies to improve tax systems and services and follow up progress in the Arab clearing project. During the session, the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alak, was elected as Deputy Chairman of the Board of Governors of the Arab Monetary Fund at its current session and as Chairman of the Board for the next session.

The renewal of confidence by the Arab banks that are members of the Fund with the Iraqi economy and the efforts exerted by its national economic institutions, in particular the evaluation of the great role of the Central Bank of Iraq during the past four years on the level of internal construction and development in the applications of monetary policy and the level of building strong international financial and banking relations with The Arab countries and foreign countries, where the institutions of the achievement of clear achievements during the economic and security shocks experienced by Iraq after the middle of 2014 and contributed to the economic steadfastness, which helped our armed forces to achieve the text On the expeditious terrorism.

Therefore, through the review, analysis and evaluation impartially and transparently of the Iraqi economic situation and in particular is being investigated by the ministries and economic institutions in Iraq from a competent point of view has been reached facts and evidence and signs and achievements confirm that the Central Bank of Iraq proved to be the first economic institution through its important achievements in supporting the economy And achieve economic steadfastness and strive to achieve economic stability in accordance with its strategy and  this is achieved by the work and reality and the team of the Central Bank of Iraq National Excellence. As he contributed to the victory of victory over terrorism accompanied by another victory is the steadfastness and economic victory, which was the team of the Central Bank of Iraq and its governor a key role and leading in achieving.

And the economic victory achieved results, most notably the most important support the state treasury and stabilize the exchange rate and recovery of the Iraqi dinar and reduce inflation and maintain the rate of less than (2%) and maintain a cash reserve sufficient by 160% as cumulative accumulator according to the latest standard of the IMF with a reserve of gold within The adoption of  standards and controls in line with the requirements of international standards in compliance and combating money laundering and terrorism financing and the basic objectives and subsections of its strategy and the activation and consolidation of new visions of monetary policy applications and the important thing achieved is stability Exchange rate and reduce the gap between the official price of the US dollar and the parallel price, a key objective of monetary policy.

And the implementation of policies to restore confidence in the banking transactions of Iraqi banks with Arab and foreign banks and the quest to build a solid banking sector and the continuation of extraordinary efforts to improve the banking reputation of institutions and international financial organizations and correspondent banks.

The establishment of strong relations with the Arab and foreign central banks and the international financial organizations. Also, procedural, regulatory, structural and internal development policies have been drawn up  , which aim at achieving financial stability and developing the banking business technically, structurally and organizationally and raising the financial coverage to the target ratio. And the mechanisms of banking which formed a solid base on the domestic and external scale. It was all these achievements that called on the governors of the Arab banks to elect the relations of Na’aba and the President of their Council in the next session, which is an embodiment that Iraq’s economy is recovering and recovering from its crises and that is a tribute to the Iraqi people and its economic, financial and banking institutions.


Cabinet approves agreement with Siemens to develop electricity


Part of the Iraqi cabinet meeting

Economy News Baghdad:

The Council of Ministers has reached an agreement to implement the development map of the electricity sector in Iraq in cooperation with the German company Siemens. 

“The Council of Ministers approved an agreement to implement the map of the development of the electricity sector in Iraq in cooperation with the German company Siemens,” the council said in a press statement.