Iraqi News Thursday Afternoon 5-19-22
Iraqi News Thursday Afternoon 5-19-22
TLM724 Administrator BondLady’s Corner
The House Of Representatives Sets Three Days For The Committees’ Meeting And Raises Its Session To Next Wednesday
Political | 05:19 - 19/05/2022 Baghdad - Mawazine News: The House of Representatives decided, on Thursday, to adjourn its session to next Wednesday. The first deputy speaker of the council, Hakim Al-Zamili, said during today's session, that "on Sundays, Mondays and Tuesdays, there will be committee meetings." He added, "The next parliament session will be on Wednesday of next week." Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=193682
The Increase In The Proportion Of Foreign Remittances From The Dollar In The Auction Of The Central Bank Of Iraq
Thursday, May 19, 2022 3:38 PM Baghdad / National News Center Foreign remittances from the dollar at the expense of cash sales increased by more than 89% at the end of the Central Bank auction for the current week of Thursday.
Today, during its auction to buy and sell US dollars, the Central Bank sold 197 million, 812 thousand and 803 US dollars, which were covered by the bank at a base exchange rate of 1460 dinars per dollar.
And 89.13% of these sales went to enhance balances abroad in the form of remittances and credits, amounting to 178 million and 412 thousand and 803 dollars, while the rest went in the form of cash sales, which amounted to 19 million and 400 thousand dollars.
And 31 banks fulfilled requests to enhance balances abroad, and 9 banks to meet cash requests, in addition to 89 mediating companies. https://nnciraq.com/129005/
The Iraqi Stock Exchange Ends The Week Lower, And 5 Billion Shares Are Traded
Market Economy News-Baghdad During the third week of May 2022, the Iraq Stock Exchange organized five trading sessions from Sunday 05/15/2022 to Thursday 05/19/2022.
The number of shares traded during this week amounted to more than (5) billion shares, while the value of shares traded this week amounted to more than (10) billion dinars .
The trading index closed in the market for the first session of the week at (577.89) points, while the index closed at the end of the week at (573.83) points, achieving a decrease of (0.71%) 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 . 15 . views Added 05/19/2022 - 4:08 PM Update 05/19/2022 - 6:21 PM
https://economy-news.net/content.php?id=28080
A Slight Rise In The "Dollar" Against The Iraqi Dinar In The Local Markets
Economie| 09:54 - 19/05/2022 Baghdad - Mawazine News The dollar prices witnessed, today, Thursday, a slight increase in local markets throughout the country.
And the selling prices of the dollar were recorded at 148.750 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.750 dinars per 100 dollars.
Oil Recovers From Early Losses And Hits $110 A Barrel
Economie| 10:42 - 19/05/2022 BAGHDAD - Mawazine News: Oil prices rose today, Thursday, to recover from early losses, as persistent concerns about tight global supplies outweighed concerns about slowing economic growth.
Brent crude futures for July rose 1.50, or 1.37 percent, to 110.61 dollars a barrel by 03:52 GMT, after falling by more than a dollar earlier in the session.
US West Texas Intermediate (WTI) crude futures for June rose 91 cents, or 0.8%, to $110.50 a barrel, rebounding from an early loss of more than $2.
Asian stocks on Thursday tracked a sharp selloff on Wall Street, as investors worried about rising global inflation, China's non-spreading coronavirus policy, and the war in Ukraine.
The European Union this month proposed a new package of sanctions against Russia for its invasion of Ukraine, which would include a complete ban on oil imports within six months, but the measures have yet to be adopted, with Hungary among the staunch critics of the plan.
On Wednesday, the European Commission unveiled a 210 billion euro ($220 billion) plan for Europe to end its dependence on Russian fossil fuels by 2027, and use the hub away from Moscow to speed up its transition to green energy.
Also, US crude stocks fell last week, as refineries ramped up production in response to tight product stocks and near-record exports that forced US diesel and gasoline prices to record levels.
https://www.mawazin.net/Details.aspx?jimare=193620
The Central Bank Of Iraq Decides To Increase Its Capital To (5) Trillion Dinars
Economie| 12:27 - 19/05/2022 Baghdad - Mawazine News, today, Thursday, the Central Bank of Iraq announced an increase in its capital to 5 trillion dinars.
And the media office of the Central Bank said, in a statement received by Mawazine News, that "the board of directors of the Central Bank decided to increase the bank's capital from (3) trillion dinars to (5) trillion dinars."
He added, "This increase comes to enhance the results of its balanced policies with a conservative investment management, and to emphasize the importance of the bank's capital and its reflection on its financial position," noting that "the capital of central banks and their financial centers reflect the sobriety of these institutions, the solidity of their assets, and their ability to support the banking sector and the economic sector." Generally".
The office continued, "The increase was made using part of the profits achieved by the Central Bank in 2021." Ended 29 / AD 99 https://www.mawazin.net/Details.aspx?jimare=193630
Baghdad Water Announces 10 Central Projects With Different Cards
Sweetened Today, 13:53 Baghdad - conscious - Muhammad Al-Talbi Today, Wednesday, the Baghdad Water Department announced 10 central projects with different capacities distributed between different regions of the capital.
While she confirmed that the low levels of the Tigris River affect drinking water, she confirmed the preparation of a study on the subject and submitted it to the General Secretariat of the Council of Ministers.
The director general of the department, Raad Khairy, told the Iraqi News Agency (INA), that there is "water suffering in most districts and districts of the capital, Baghdad, which is still great, especially in the Nahrawan district," noting that
"the water project will work to resolve this crisis and is expected in the middle of This year and the coming years may solve the water crisis in Nahrawan, in addition to the existence of a sewage project and school buildings in Nahrawan as well."
Khairy added, "The permanent solution project with a capacity of 4000 cubic meters is being carried out by the Ministry of Housing," noting that
"the completion rate of the project has reached 78%, and we hope to operate it at the beginning of the new year."
He pointed out that "a study is being prepared on the decrease in the levels of the Tigris River and submitted to the General Secretariat of the Council of Ministers, which is following up the issue seriously."
This is what is being done continuously."
He stressed, "the necessity of solving the issue of the health waste that is thrown into the river, treating heavy water, and for the competent authorities to solve that,"
stressing "the need for these wastes to be of specific international proportions to be thrown into the river, where if they increased, they would be toxic."
He explained, "The existing projects are water purification and desalination in most of Iraq,
but the issue of toxic treatment is not within the jurisdiction of water treatment, so it must be treated by the authorities that put it forward, such as hospitals and heavy water projects, as the stage of treating that water before it is released must be taken into consideration in parallel." Low levels, which was suggested 4 years ago.
He pointed out that "the decrease in the levels of the Tigris affects the drinking water, and there is a campaign launched two years ago when the level decreased and emergency treatment measures were taken," pointing out
"the importance of having reservoirs and dams that are a solution when there is a certain drop in water levels and quantities of water are released from them to enhance shortage".
He added, "We have two stages in sterilization, including the initial use of alum and the addition of chlorine to treat bacteria.
We have joint examinations and coordination with the Ministry of Health and Environment, and there is the National Laboratory of the Ministry of Housing and Construction, which supervises all examinations, in addition to having an annual plan for water before and after filtration."".
He continued: "We are suffering with a shortage of materials designated for liquidation,
but we are trying to obtain these materials to compensate for the shortage with all our efforts, and we have losses of no less than 30% due to the excesses of the total product due to unplanned construction and the bulldozing of agricultural orchards and their transformation into homes, where this reached 3 million exceeded on Fonts from the 80s and 90s.
He noted that "there is suffering not only in drinking water, but there are problems in the areas of the Baghdad belt due to the excesses of irrigation and livestock breeders, especially buffaloes," adding that
"there are 10 central projects, including the Abu Ghraib central project with a capacity of 10,000 cubic meters per hour, and the Rashidiya project with a capacity of 4 Thousands of cubic meters per hour, the Hussainiya project, the second phase in Al-Zawra, with a capacity of 1,000 cubic meters per hour, and three expansion projects with a capacity of 3,000 cubic meters per hour, with stations that pump water for districts and sub-districts.
He pointed out that "there are 3 new projects that were referred by the Baghdad governorate, and work is underway, two of which will be opened at the end of this year, and the third project in the middle of next year, which is the new Mahmudiyah project with a capacity of 4,000 cubic meters, which serves the areas of Mahmudiyah, Latifiya and Yusufiya."
Khairy concluded his speech by saying: "In addition to the central bridge water project with a capacity of 4,000 cubic meters, which serves the areas of the Diyala Bridge and the areas adjacent to the district of Mada'in and several areas, as well as the project to expand the areas of Mada'in, which will add 1,000 cubic meters of drinking water to the district of Mahmudiyah and its affiliated districts.".
https://www.ina.iq/156244--10-.html
To read more current and reliable Iraqi news please visit BondLady’s Corner: