Iraqi News Sunday PM 12-19-21
Iraqi News Sunday PM 12-19-21
TLM724 Administrator BondLady’s Corner
Over The Past Month, Iraq's Holdings Of US Treasury Bonds Increased
Economie| 11:22 - 19/12/2021 Follow-up - Mawazine News, the US Treasury announced, on Sunday, that Iraq's possession of bonds increased by more than two billion dollars, during the month of October.
The Treasury said in a table seen by / Mawazine News /, that "Iraq's possession of US Treasury bonds for the month of October increased by $2.410 billion, or by 13.55%, to reach $20.364 billion," explaining that "these bonds decreased from the same month last year." 2020 when Iraq's possession of it amounted to $21.6 billion."
She added that "Iraqi bonds, including long-term guarantees amounting to 9.028 billion dollars and short-term guarantees amounting to 11.336 billion dollars," noting that "these bonds represent 0.2% of global bonds."
They pointed out that Saudi Arabia is at the forefront of Arab countries the most possession and by 116.4 billion dollars , and then the UAE by $ 53 billion and Kuwait , a third rate of $ 45.9 billion and then Iraq Fourth Oman Fifth by $ 5 billion, and then Morocco at 3.7 billion dollars. "
She noted that The country with the most US bonds is Japan, with a value of 1.320 trillion dollars, followed by China, with a value of 1.065 trillion dollars, and then Britain, with a value of 579 billion dollars. Ended 29/p4 https://www.mawazin.net/Details.aspx?jimare=178920
Iraq Raises Its Holdings Of US Bonds To More Than 20 Billion Dollars In A Month
Money and business Economy News _ Baghdad The US Treasury announced, on Sunday, that Iraq's holdings of US bonds increased by more than two billion dollars to reach 20.364 billion dollars during the month of October.
The Treasury said in a table seen by "Economy News", that "Iraq's possession of US Treasury bonds for the month of October rose by $2.410 billion, or by 13.55%, to reach $20.364 billion, after it was $17.954 billion in the month of September."
Noting that "these bonds decreased from the same month of last year 2020, when Iraq's possession of bonds amounted to 21.6 billion dollars."
She added that "Iraqi bonds, including long-term guarantees amounting to 9.028 billion dollars and short-term guarantees amounting to 11.336 billion dollars," noting that these bonds represent 0.2% of the world's bonds.
In the Arab world, Saudi Arabia is at the forefront of the most possessing countries, with an amount of 116.4 billion dollars, followed by the UAE with 53 billion dollars, Kuwait third with 45.9 billion dollars, then Iraq fourth, Oman fifth with 5 billion dollars, then Morocco with 3.7 billion dollars.
She pointed out that "the most countries in possession of US bonds are Japan, with a value of 1.320 trillion dollars, followed by China, with a rate of 1.065 trillion dollars, followed by Britain, with a rate of 579 billion dollars." Views 114 Date Added 12/19/2021 https://economy-news.net/content.php?id=26976
Relative Stability Of The Dollar Exchange Rates In The Local Markets
Economie| 10:31 - 19/12/2021 Baghdad - Mawazine News The dollar exchange rates witnessed, on Sunday, relative stability in the main stock exchange and local markets in the capital, Baghdad.
Today, the dollar exchange rate on the Central Kifah Stock Exchange in Baghdad was 147,900 dinars, for each $100 bill.
The prices of buying and selling the dollar also stabilized in exchange companies and local markets in Baghdad, where the selling price amounted to 148,500 dinars, for each denomination of 100 dollars, while the purchase prices amounted to 147,500 dinars, for each paper denominations of 100 dollars. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=178914
Mawazine Publishes The Weekly Trading Indicators For The Iraq Stock Exchange
Economie| 04:56 - 19/12/2021 Baghdad - Mawazine News
The Iraqi Stock Exchange organized during the second week of December 2021 five trading sessions from Sunday 12/12/2021 to Thursday 16/12/2021.
During this week, the following indicators were achieved : The number of traded shares during this week reached more than (4) billion shares.
The value of traded shares this week amounted to more than (4) billion dinars.
The trading index closed in the market for the first session of the week at (561.67) points, while the index closed at the end of the week at (562.01) points, achieving an increase of 0.06% from its closing in the first session.
During the week, more than (3000) purchase and sale contracts were executed on the shares of companies listed in the market. Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=178965
The Investment Authority Sets The Highest Governorates To Withdraw Investment Licenses
Economie| 03:29 - 19/12/2021 Baghdad - Mawazine News The Investment Authority announced, on Sunday, the continuation of withdrawing investment licenses for lagging projects, while noting that this decision contributed significantly to sorting out the serious investor.
The Authority’s Chairman, Suha Daoud Al-Najjar, said in a statement, “The authority continues its procedures related to withdrawing investment licenses for lagging projects, whose completion rates range between (0-35%) of the project’s origin, in implementation of the directives of Prime Minister Mustafa Al-Kazemi during his visit to the authority’s headquarters last April.” .
She added that "the authority is studying these projects according to specialized committees to determine the circumstances of each project and the reasons for its delay in coordination between the National Investment Commission and the investment authorities in the governorates in this regard," noting that "there is great cooperation to identify these uncompleted and lagging projects to support the reality of investment in the governorates." ".
And she indicated, "This decision contributed significantly to sorting out the serious investor and supporting him by studying the circumstances and problems facing his project and the reluctant investor who misused the basic investment tools represented by tax exemptions, fees, entry features or others, and what contributed to disrupting the investment process in Iraq."
And she added, "At the fore in the governorates from which investment licenses were withdrawn is Nineveh Governorate, which amounted to (22) investment licenses distributed over the various economic sectors in the governorate, and Najaf governorate witnessed the withdrawal of (Cool investment licenses while the Basra Governorate Investment Commission is studying the possibility of withdrawing ( 16) An investment license, while the other governorates continue to discuss a number of investment licenses, some of which have been withdrawn and others studied by the competent committees.
https://www.mawazin.net/Details.aspx?jimare=178947
Minister Of Planning: Population Census Systems Are Local And Will Be Implemented With The Participation Of More Than 150 Thousand Enumerators
Political | 03:50 - 19/12/2021 Baghdad - Mawazine News, Minister of Planning Khaled Batal Al-Najm announced, on Sunday, that the population census systems are local, while indicating that the census will be carried out with the participation of more than 150 thousand enumerators.
The ministry said in a statement, "The Minister of Planning, Khaled Battal Al-Najm, supervised today the seventh tribal field experiment that is being implemented by the Central Statistics Authority, in preparation for conducting the general population and housing census, to be implemented before the end of next year 2022," noting that "the field experiment took place in One of the vertical residential complexes next to Karkh.
During his escort to the field teams and his meeting with the families included, Al-Najm said that "this experiment is considered complementary to the experiments conducted by the ministry represented by the Central Bureau of Statistics and the supporting authorities for it," noting that "it included the processes of packing, inventory and numbering, and other experiments will follow until the day of the census is implemented."
He added that "the previous censuses in Iraq were conducted in a paper way and the data entry process took a long time, so the outputs were longer than a year, but now the census will be electronic through a tablet device carried by the counter to enter all the information and send it to the data center."
At the ministry's headquarters," he explained, "the final results will be completed in less than 3 months, so that we can get the census outputs completely."
And he added, "The census will be carried out with the participation of more than (150) thousand counters, distributed over all regions of Iraq, and we will have the ability to monitor, especially since all areas and housing units are installed on the tablet and the controller or observer at the Ministry's headquarters can monitor the movement of the counter," calling on citizens to "Cooperating with the enumerators on the census day and not scratching or crossing out the signs and removing the census posters, as they are very important for enumerators."
He stated that "our efforts began about 6 months ago, starting with building the electronic program by the ministry's staff, as we carried out several experiments, especially the last experiment in Dohuk, and before that in Basra, Anbar, Karbala and Erbil, and now in Baghdad and will extend to more than one province in order to train our staff and to train enumerators later and make sure of the credibility and efficiency of the electronic program,” stressing “the ministry’s readiness to implement the census because it represents a very important national necessity, to support development plans and sound economic policies, based on solid statistical evidence and indicators.”
The star expressed his hope, "that the census will be implemented next year 2022, which was supposed to take place in 2020, but was postponed due to the pandemic and the failure to pass the budget law, and in 2021 it was also postponed due to the date of the parliamentary elections."
The minister praised "the level of progress achieved by the staff of the Central Statistics Agency in preparing advanced and resilient electronic programs and systems, without the assistance of any external parties," expressing his directives "to the workers to take all the economic and social variables of the population within the census form."
The minister was accompanied on his field tour by the head of the operations room, the head of the Central Bureau of Statistics, Diaa Awad Kazem, the executive director general of the census, Samir Khudhair Hadi, and heads of the field work, information technology and media sectors.
For their part, the families included in the field experiment welcomed the Ministry of Planning’s move to conduct the general population census, which represents an important step to improve the reality of life in Iraq, expressing “full readiness to provide correct and complete data, and to cooperate with enumerators and researchers.” Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=178951
GMG Expands Its Partnership To Include Egypt And Iraq Markets
Money and business Economy News _ Baghdad GMG, the leading company in the wellness sector, selling and distributing products for a diversified portfolio of local and international brands specialized in the sports, food and health sectors, announced that it has obtained the official rights to manage, distribute and sell Nike brand products in Egypt and Iraq starting from the third quarter 2022 through its specialized division. Sports "GMG Sports".
The expansion of GMG's contract to distribute Nike products marks a new chapter in the growth of the long-running 40-year partnership between the two parties. GMG entered into its first agreement with Nike in 1982 with the aim of providing its high quality products to more consumers in the Arab world.
As of 2010, GMG has been distributing Nike products throughout the GCC region.
In this context, Mohamed Baqer, Vice Chairman and CEO of GMG, said: “Since its inception, GMG has worked in line with its vision to achieve growth alongside its partners. Today, we are proud to build on our four-year partnership. Contracts with Nike and take this relationship to new heights to work together to meet the needs of more consumers in Egypt and Iraq Today, the “GMG Sports” division enjoys a leading position in the sports retail sector in the Middle East, and is known for providing a range of experiences The brand is unique to consumers, and we look forward to expanding these experiences to these new markets in 2022.”
By June 2022, GMG will become the official distributor for Nike in Egypt, covering the entire customer journey from brand management to retail and distribution activities.
GMG had recently launched its operations in the Iraqi market under the umbrella of its sports division, GMG Sports, where it announced its plans to open a number of retail stores in prominent locations throughout Iraq. The group also opened the first "Sun & Sand Sports" store, which is one of the GMG brands in Iraq, within the famous "Zayona Mall" in the capital, Baghdad, and plans to open seven other stores in distinct locations in Iraq over the next four years. Views 166 Date Added 12/19/2021
https://economy-news.net/content.php?id=26980
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