Iraqi News Tuesday AM 11-16-21
Iraqi News Tuesday AM 11-16-21
TLM724 Administrator BondLady’s Corner
The Central Bank's Sales Of Hard Currency Declined, And Foreign Remittances Recorded 150 Million Dollars
Economie| 02:50 - 16/11/2021 Baghdad - Mawazine News, the Central Bank of hard currency sales fell, on Tuesday, while foreign remittances rose to record levels, to record more than 150 million dollars.
Today, the Central Bank auction for the sale and purchase of foreign currencies witnessed a decrease in its sales by 1.1% to reach 198 million, and 118 thousand and 543 dollars covered by the bank at a base exchange rate of 1460 dinars per dollar.
The purchases amounting to 152 million and 468 thousand and 543 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 45 million and 650 thousand dollars went in cash.
Also, 23 banks responded to requests to enhance balances abroad, and 18 banks to meet cash requests, in addition to 215 intermediary companies. https://www.mawazin.net/Details.aspx?jimare=175199
Schneider Electric Prepares To Launch A Digital Summit In Baghdad
Economy Baghdad summit Schneider Electric 2021-11-15 03:17 Shafaq News/ Schneider Electric Company, Iraq branch, announced on Monday that it will hold a "summit" in Baghdad to provide digital solutions and applications within the framework of strategic cooperation to support the country's development efforts.
The leading company in the field of energy and automatic control said, in a statement received to Shafaq News Agency, that the summit will be held under the slogan "Innovation at all levels" in the capital, Baghdad, on November 22 and 23, in the presence of a number of senior leaders of Schneider Electric in Iraq and France and representatives of Major companies operating in the Middle East, North Africa and the Arab Mashreq region, in addition to the French Ambassador to Iraq Eric Chevalier, and a number of ministers of the relevant sectors.
Schneider Electric President for the Middle East and Africa, Walid Sheta, said that this year's summit will focus on digital solutions and applications provided by the company within the framework of the company's strategic cooperation in support of Iraq's development efforts, which receive strategic support from the French government, to implement infrastructure projects and channels starting from Residential buildings, even the Internet, information technology centers, and other government institutions in the State of Iraq.
In turn, General Manager of Schneider Electric Iraq, Emra Takdemir, said, "The company is present in its work in many vital projects that contribute to the reconstruction of the Republic of Iraq, and with the increasing demand for electricity in Iraq, it is necessary to have technological solutions that contribute to increasing the efficiency of services provided by power stations. For the purpose of delivering efficient and reliable electric power to Iraqi citizens.
The Baghdad Summit will display all the applications and software solutions provided by Schneider Electric in the era of digitization, in addition to "EcoStruxure" which is a unified platform for both Internet technology and the Internet of Things.
In light of the recent memorandum of understanding that was signed with the Iraqi government represented by the esteemed Ministry of Electricity, with the aim of contributing to the upgrade of the electrical distribution network in the Iraqi Republic, and overcoming the crisis of frequent power outages.
The first day will be devoted to guided tours to audiences, students and customers from various sectors, with the tour directing them to digital applications related to their sectors from all structural engineering solutions offered by the company, and trainings and sessions will be conducted in parallel.
While the second day was devoted to a press conference, then revealed the company's sweets and innovations, and concluded with a gala dinner attended by VIPs. LINK
The Stability Of The Dollar Exchange Rate In The Local Markets
Market Economy News _ Baghdad Today, Tuesday, the dollar exchange rates witnessed stability in the local markets.
Where the selling prices of the dollar recorded 148.250 dinars per 100 dollars, while the purchase prices of the dollar recorded 148,000 dinars per 100 dollars.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, while the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar. Views 93 Date Added 11/16/2021 https://economy-news.net/content.php?id=26787
The National Security Council Forms A Committee To Review A Memorandum Of Understanding For Security Cooperation With America
Political | 04:20 - 16/11/2021 Baghdad - Mawazine News National Security Adviser Qassem Al-Araji chaired, on Tuesday, the meeting of the National Security Agents Council.
The Council discussed the topics on the agenda and took the necessary decisions and recommendations in their regard.
Where the Council discussed the issue of lease contracts for agricultural lands and quarries, and decided to organize and facilitate security audit procedures, to renew them or new contracts from them, in a manner that does not conflict with the priorities of national security.
The Council also reviewed a memorandum of understanding for security cooperation between the Iraqi Ministry of Interior and the United States of America, regarding the exchange of information and data on criminal and terrorist incidents, and directed the formation of a working group to review, audit and amend them, in a manner that guarantees Iraq's interests and national security. https://www.mawazin.net/Details.aspx?jimare=175214
The Central Bank Of Iraq Announces Its Arrival To The Highest Concrete Point In The Implementation Of Its New Building
Tuesday 16 November 2021 17:17 | economic Number of readings: 13 Baghdad / NINA / - The Central Bank of Iraq announced, today, Tuesday, that it has officially reached the highest concrete point in the design of its new building overlooking the Tigris River in the Jadriya area, designed by the late international Iraqi architect Zaha Hadid, which officially became the tallest building in the capital, Baghdad even before The concrete structure is completed.
The new building of the Central Bank of Iraq in Jadriya 37 floors, offering a rate of 3 floors in the month. / Ended 5
To watch the live broadcast of the celebration of the Central Bank of Iraq, on Tuesday, please enter the email link https://ninanews.com/Website/News/Details?Key=939426
Clarification From Al-Kazemi's Advisor Regarding The Decrease In The External Public Debt
Political | 04:08 - 16/11/2021 Baghdad - Mawazine News, Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, explained that the country's external public debt has fallen to $20 billion.
Saleh said, "What was referred to as the decrease in the external public debt to $20 billion is the debts payable, and it does not include the internal public debt or any related external debts that have not been settled under the Paris Club Agreement, which is still included in the public debt and belongs to before 1990, and is routinely included in the known details of religion.”
Earlier, Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, announced that the country's external public debt had decreased to $20 billion, while stressing that the year 2022 would be free of financial hardships and financing restrictions. https://www.mawazin.net/Details.aspx?jimare=175213
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