After his vacation is over.. House prepares to pass 3 prominent laws

  • Time: 2023/06/30 23:19:19
  • Read: 1,924 times

  

{Policy: Euphrates News} Independent MP Haitham Al-Fahd revealed, on Friday, the readiness of the parliamentary committees to pass 3 prominent laws.

Al-Fahd said {for Al-Farat News} that: “The parliamentary committees intend after the end of the legislative holiday to approve the communications law, the investment law and the national security law, all of which serve citizens.”
He added, “The current parliamentary session presented a number of important laws that serve citizens, foremost of which is the Social Security Law and the Tripartite Budget Law, which, despite much talk about it, paid attention to the service aspect.”
“This session aspires to provide significant legislative and supervisory work,” Al-Fahd stressed.

From: Raghad Daham

https://alforatnews.iq/news/بعد-انتهاء-عطلته-مجلس-النواب-يستعد-لإقرار-3-قوانين-بارزة

Al-Rafidain reveals the imminent launch of a credit card with new privileges

  • Time: 2023/06/30 09:16:16
  • Read: 1,742 times

  

{Economic: Euphrates News} Rafidain Bank revealed the nearest launch of the card card.

The bank said in a brief statement that {Euphrates News} received a copy of it that the new card “bears privileges, including lending for a certain amount and according to salary.”

https://alforatnews.iq/news/الرافدين-يكشف-عن-قرب-اطلاق-بطاقة-ائتمانية%C2%A0بامتيازات-جديدة

Saudi Arabia ‘ready’ to finance Bismayah project: An important investment mark

money and business

   


Economy News – Baghdad

The head of the Investment Authority, Haid Mohammed Makiya, discussed with Saudi Minister of Investment Khaled Al-Falih, the mechanisms of joint cooperation to finance the Bismayah residential project.
The Investment Authority said in a statement that “in implementation of the directives of Prime Minister Mohamed Shia Al-Sudani and in order to complement the procedures of the National Investment Commission in the path of financing the Bismayah residential project, the Chairman of the Authority, Haider Mohammed Makiya discussed the mechanisms of joint cooperation with the Saudi Minister of Investment Khalid Al-Falih to finance the Bismayah project.”
Makiya stressed during the meeting, according to the statement, “the need to bridge investment relations with Saudi Arabia, especially with the Ministry of Investment and the Saudi Investment Fund, as it is one of the major funds in the world to determine financing paths for major strategic projects of a service nature for citizens,” noting “the importance of completing residential units and infrastructure within the Bismayah complex and initiating the best services to residents.”
He pointed to “the priorities set by the program for the Iraqi government are to address the housing crisis and establish major cities throughout the governorates of Iraq,” pointing to “the seriousness of Prime Minister Mohammed Shia Al-Sudani in finding solutions that cover the needs of Iraqi citizens for adequate housing through agreement with investment companies and investors to establish housing complexes worthy of them.”
For his part, Al-Falih expressed “his readiness to cooperate with the National Investment Commission in completing the success story in the Bismayah complex, which is one of the important investment signs in Baghdad after the financial model was studied to complete the entire project or other residential complexes or new cities in Iraq.”
 


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Added 2023/06/29 – 2:29 PM

https://economy-news.net/content.php?id=34944

In a phone call.. Erdogan congratulates Nechirvan Barzani on Eid al-Adha: Circulation of regional relations and Turkey

2023-06-29 10:36Font

Shafaq News / The President of the Kurdistan Region, Nechirvan Barzani, on Thursday received a phone call from Turkish President Recep Tayyip Erdogan, on the occasion of Eid al-Adha.

A presidential statement received by Shafaq News reported that “in the phone call, the Turkish president congratulated Nijirvan Barzani on Eid al-Adha blessed and wished him success and offered him congratulations and wishes for success to the Kurdistan Region.

For his part, Nechirvan Barzani thanked Turkish President Recep Tayyip Erdogan for his call, congratulations and wished success to him and the Turkish people.

According to the statement, the two sides expressed their hope that Eid will bring happiness and prosperity to all, and the development of cooperation and relations between Turkey, Iraq and the Kurdistan Region was another axis during the phone call.

https://shafaq.com/ar/كوردســتانيات/في-اتصال-هاتفي-ردوغان-يهن-نيجيرفان-بارزاني-بعيد-الاضحى-تداولا-علاقات-الاقليم-وتركيا

Al-Furat News} publishes the text of Imam Sistani’s message to the Secretary-General of the United Nations regarding the burning of the Holy Quran

  • Time: 2023/06/29 20:21:53
  • Read: 1,59 times

  

Letter from His Eminence Sayyid’s Office (Dam Sahda) to the Secretary-General of the United Nations regarding the attack on a copy of the Holy Quran with the permission of the Swedish police.

10-12-1444

in the name of God, the Merciful, the Compassionate

His Excellency Mr. Antonio Guterres, Secretary-General of the United Nations

A good greeting with respect and appreciation

After: The media reported that someone in the Kingdom of Sweden attacked a copy of the Holy Quran and burned some of its papers, with the aim of insulting the true Islamic religion.

This shameful behavior has occurred more than once in different countries in recent years, but it is noticeable that this time it was signed under an official license from the Swedish police, claiming that it is a requirement to respect freedom of expression!

But it is certain that respect for freedom of expression never justifies authorizing such shameful behavior, which represents a flagrant attack on the sanctities of more than two billion Muslims in the world, and creates an environment conducive to the spread of extremist ideas and wrong practices.

The Supreme Religious Authority, expressing its condemnation and condemnation of what happened, calls on the United Nations to take effective steps to prevent the recurrence of its likes and push countries to reconsider the legislation that allows it to take place, and calls for the establishment of the values of peaceful coexistence between followers of different religions and intellectual methods based on the care of rights and mutual respect among all.

Najaf, the most honorable

https://alforatnews.iq/news/الفرات-نيوز-تنشر-نص-رسالة-الإمام-السيستاني-الى-أمين-عام-الأمم-المتحدة-بشأن-حرق-القرآن-الكريم

Sudanese advisor explains the reasons for the stability of the purchasing power of the dinar against the dollar


21:16  2023-06-28  140  Economy 0

Today, Wednesday, the Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed the strength of the quantitative and price monetary policy tools in managing public liquidity, while identifying the factors for stabilizing the purchasing power of the Iraqi dinar.   
 
And Saleh said, in a statement to the official agency, followed by the insider, that: “Some are betting on the impossibility of controlling the levels of local liquidity generated by government spending, especially in the federal general budget 2023, which is based on methods of financing the budget in Iraqi dinars in exchange for oil revenues in foreign currency mostly.” As oil revenues constitute the reserves of the Central Bank of Iraq, which help to intervene in the money market to sterilize local liquidity levels and control them when they rise through the ability to meet the growing demand for foreign exchange.
 
He added, “The bet is losing on the inability to intervene and control the levels of liquidity in dinars, which will rise with the rise in government expenditures due to the conditions of the compliance platform and the fear of them in meeting the demand for foreign exchange. Monetary policy and the strength of foreign reserves, which are the highest in the country’s financial history, are the only ones that possess the price tools.” And the different quantity affects the levels of liquidity that government spending mostly generates.
 
And Saleh continued, “There is a strong coordination and integration between monetary policy and the joints of economic policy and financial policy, and it affects drawing the rules of price stability factors and building an efficient commodity supply in order to achieve the goals of the Central Bank in stabilizing the purchasing power of the Iraqi dinar, based on the goals of Decree Law No. 56 of 2004.” “.
And he noted, “There is a very pessimistic extremist imagination that is spread from time to time and is not at all commensurate with the strength of the monetary and price policy tools in particular, and the opportunities available for government policies in general to address the shocks that are seen from time to time in the matter of public liquidity management.”

https://almutalee.com/news/%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D9%8A%D9%88%D8%B6%D8%AD-%D8%A3%D8%B3%D8%A8%D8%A7%D8%A8-%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%A7%D9%84%D9%82%D9%88%D8%A9-%D8%A7%D9%84%D8%B4%D8%B1%D8%A7%D8%A6%D9%8A%D8%A9-%D9%84%D9%84%D8%AF%D9%8A%D9%86%D8%A7%D8%B1-%D9%85%D9%82%D8%A7%D8%A8%D9%84-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1

Iraq ranks fourth in the Arab world in terms of industrial output… Here is the list

Iraq ranks fourth in the Arab world in terms of industrial output… Here is the list


02:05  2023-06-29  61  Economy 0

Iraq ranked fourth among the Arab countries in terms of industrial output.


According to the latest data of the World Bank, Iraq came fourth in industrial output, after Egypt, which ranked third in the Arab world and 30th in the world, with a value of $124.4 billion.


Iraq was followed by “Qatar” and “Algeria”, according to the 2021 statistics.
As for the industrial output in the Arab countries in 2021; Saudi Arabia ranked first in the list of Arab countries, and 13th in the world in terms of industrial production, with a value of $379.4 billion, followed by the UAE, second in the Arab world and 17th in the world, with an industrial production value of $197.1 billion.

According to World Bank data, the global industrial output increased by about 19.3% in 2021, to reach about $26.6 trillion, which represents about 28% of the global GDP, compared to global industrial output levels of about $22.3 trillion recorded in 2020, in which levels decreased. Industrial output as a result of the repercussions resulting from the “Corona” pandemic, and with the contribution of high-income countries to industrial output estimated at 51.5% in 2021, equivalent to about 13.

https://almutalee.com/news/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D8%A8%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2-%D8%A7%D9%84%D8%B1%D8%A7%D8%A8%D8%B9-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A7%D9%8B-%D9%81%D9%8A-%D8%A7%D9%84%D9%86%D8%A7%D8%AA%D8%AC-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A-%D8%A5%D9%84%D9%8A%D9%83%D9%85-%D8%A7%D9%84%D9%82%D8%A7%D8%A6%D9%85%D8%A9

After silence.. Al-Kazimi overlooks the window of Eid al-Adha: Our duty is to serve the people from any location

PoliticalBreakingEid Al-AdhaMustafa Al-Kazimi

2023-06-27 16:03Font

Shafaq News / Former Iraqi Prime Minister Mustafa Al-Kazimi said that he “bears permanent responsibility in any location and under any circumstances, in the service of Iraq,” in a special congratulations he presented on the occasion of Eid al-Adha.

This came in a tweet on his personal Twitter account, and came after months of official talk or appearance.

Al-Kazimi said: “I take this opportunity to revive the Iraqi people in all their categories and segments and confront the public affairs in their various positions, wishing good to all and a life dominated by the spirit of brotherhood, tolerance and cooperation; our Iraq deserves the utmost efforts and sacrifices, and it is our duty to live its concerns and ambitions at every moment, and to bear permanent responsibility in any location and under any circumstances. Serving Iraq is not a limited address with a site or a period of time, but rather a duty stemming from conscience and the sincere will to submit and give.”

https://shafaq.com/ar/سیاسة/بعد-صمت-الكاظمي-يطل-من-نافذة-عيد-الاضحى-واجبنا-خدمة-الشعب-من-ي-موقع

What does the central bank aim for by integrating exchange companies?

6 minutes ago

133one minute

Halim Salman |..

The Central Bank of Iraq aims through the integration of exchange companies under categories A and B in strengthening the supervisory role, as the importance of integration highlights the repercussions of the presence of large numbers of banking companies in an unregulated economic sector. The importance of integrating companies to reduce their preparation on the one hand and raise the level of their organization on the other hand. Integration is one of the most important steps that can be taken to strengthen control over exchange companies and improve their financial performance, which helps them overcome the difficulties and problems they suffer from.

From the above, companies must be classified, for the purpose of indicating the efficiency of the company in all its regulatory departments and the extent of its commitment and granting it advantages from the rest of the companies.

There is an example of these advantages that the Central Bank is supposed to give to companies that are committed to banking standards.
1/ Promotion of transactions submitted by the company in record time compared to the remaining companies
2/ Increasing the weekly auction share
3/ Directing letters of thanks and appreciation to the company
4. Companies contract with external exchange companies and grant them part of citizens’ foreign remittances.

especially a newspaper

https://jaredaiq.net/News/4529

US Dollar Exchange Rate Decreases Against Iraqi Dinar in Baghdad and Erbil

EconomyErbilBreakingBaghdadDollar

2023-06-27 03:49Font

Shafaq News/ The US dollar exchange rates against the Iraqi dinar experienced a decline today, Tuesday, on the central stock exchange in Baghdad and in Erbil.

According to a report from Shafaq News agency, Baghdad’s central Al-Kifah and Al-Harithiya stock exchanges recorded an exchange rate of 147,300 Iraqi dinars against 100 US dollars this morning. This is a decrease compared to yesterday morning, Monday, when prices were recorded at 147,800 dinars.

In the local markets of Baghdad, the dollar prices in exchange shops also declined. The selling price reached 148,500 dinars, while the purchase price stood at 146,500 dinars for every 100 dollars.

Similarly, in Erbil, the Kurdistan Region’s capital, the dollar’s selling price decreased to 147,350 dinars, with a purchase price of 147,250 dinars for 100 dollars.

https://shafaq.com/ar