Iraqi News Tuesday AM 5-11-21
Iraqi News Tuesday AM 5-11-21
TLM724 Administrator BondLady’s Corner
Tuesday .. Learn About The Exchange Rates Of The Dollar In The Local Market
Economie| 10:30 - 11/05/2021 BAGHDAD - Mawazine News The exchange rates of the dollar witnessed, on Tuesday, a slight increase in the main stock exchange and local markets in the capital, Baghdad.
The exchange rate of the dollar on the Al-Kifah Central Stock Exchange in Baghdad rose, recording 148,300 dinars, for every $ 100 bill.
The prices of selling and buying dollars in exchange offices and local markets in Baghdad were relatively stable, as the selling price reached 148,750 dinars for each $ 100 bill, while the purchase prices reached 147,750 dinars, for each $ 100 bill. https://www.mawazin.net/Details.aspx?jimare=152860
For More Than $ 200 Million .. High Central Bank Sales Of Hard Currency
Economie| 12:58 - 05/11/2021 BAGHDAD - Mawazine News The Iraqi Central Bank's hard currency sales, on Tuesday, increased significantly, reaching more than two hundred million dollars.
And the sales of the Central Bank of Iraq, of hard currency, during the auction of buying and selling foreign currencies today, increased by 13.04%, to reach 208 million, 988 thousand and 635 dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar.
The purchases amounting to 162 million and 888 thousand and 635 dollars went to strengthen the funds abroad in the form of transfers and appropriations, while the remaining amount of 46 million and 100 thousand dollars went in cash.
Twenty-nine banks met requests to boost assets abroad, 14 banks to fulfill cash requests, and 24 participating exchange companies.
It is reported that the central bank’s sales of hard currency yesterday, Monday, amounted to 184 million 427 thousand and 869 dollars. Ended 29 / p4 https://www.mawazin.net/Details.aspx?jimare=152890
The Cabinet Secretariat demands Finance to disclose the appointments of advisers and general managers in its departments
Tuesday 11, May 2021 15:39 | Economical Views: 156 Baghdad / NINA / The General Secretariat of the Council of Ministers requested the Ministry of Finance to provide it with an official statement of the advisors and general managers whose appointment orders were issued recently in the departments of the ministry, provided that this list is updated periodically on a semi-annual basis. https://ninanews.com/Website/News/Details?key=903959
OPEC + production rises to the highest level and Iraq exacerbates compliance
Economy Tuesday 11 May 2021 | 10:51 a.m.| Views: 127 A new survey conducted by the S&P Global Platts platform showed that total crude oil production from the Organization of Petroleum Exporting Countries "OPEC" and its allies "OPEC +" rose to the highest level in 3 months, during the month of April .
The platform said, in a report, that the OPEC group produced 25.28 million barrels per day, an increase of 80 thousand barrels per day compared to the month of March, and Russia and 8 non-OPEC partners added 13.21 million barrels per day, an increase of 130 thousand barrels per day .
It added that the 10 OPEC members - who have quotas under the agreement - and 9 non-OPEC allies achieved a level of compliance of 111% in April, but if the additional Saudi cut is put aside, compliance drops to 96%, the lowest level since July. July 2020 .
Iraq - which produced 3.97 million barrels per day - and Nigeria - which recorded 1.6 million barrels per day - also contributed to the exacerbation of compliance, reaching their highest levels since May 2020, driven by higher crude oil exports .
He added that Iraq's commitment to its share amounted to 86% after it produced 3.97 million barrels per day, compared to 3.95 million barrels per day in March, while its market share is estimated at 3.857 million barrels per day .
The survey indicated that many major countries had failed to respond to the call of the Saudi Minister of Energy, Prince Abdulaziz bin Salman, to improve the commitment of member states to their prescribed quotas .He indicated that Russia - the main non-OPEC partner, has pumped 9.5 million barrels per day of crude oil, an increase of 160,000 barrels per day compared to March, and much higher than its share of 9.38 million barrels per day, with seaborne exports rising over the month .
And Iran has also been exempt from the obligation to increase production in recent months and found a stable customer in China, according to market sources, as Tehran's production in April reached 2.43 million barrels per day, an increase of 130,000 barrels per day from March, its highest levels. Since May 2019 .
OPEC + ministers plan to meet online on June 1 to review market expectations, adjudicate compliance, and determine whether they will continue a gradual quota easing .
The group had decided to stabilize the oil production policy without change, after the agreement to reduce supplies was relaxed in early April .
The coalition meeting decided to increase oil production for the next 3 months, May, June and July, so that the amendment does not exceed 500 thousand barrels per day.
https://aynaliraqnews.com/index.php?aa=news&id22=147331
For a better future: the digital transformation summit in Iraq sponsored by Asiacell
5 hour ago Iraq 5/11/2021 Asiacell has affirmed once again its prominent pioneering role in digitizing Iraq through its sponsorship of the Iraq Digital Transformation Summit, which was held on May 5 and 6, 2021.
In an official statement, she indicated, "Many thought leaders and influencers join this project from all over the world to share their ideas about the digital transformation strategy in Iraq, indicating that among the attendees were high-level government officials, decision-makers, strategists, digital innovators, and leaders. Digital transformation, banks, financial institutions, donor organizations, and others.
Asiacell said that the summit, which was held hypothetically due to the pandemic conditions, included many critical topics and new ideas related to digital structural reforms presented in a series of dynamic seminars, interactive discussion panels, and strategic dialogues, explaining that among these topics, the jump from the paper economy to the existing economy On data, implementing the e-government program within government institutions, accelerating the provision of electronic banking services and financial inclusion, and implementing new e-learning systems that develop solutions to the current educational challenges in Iraq.
The summit also discussed, according to the statement, “emerging technologies in the world such as artificial intelligence, big data, cloud computing, analytics and robots, and how to use these pioneering innovations to contribute to the development of Iraq. Asiacell is building four high-quality level three data centers with a solid evaluation by UpTime International.
"Despite the delay in digitizing many sectors in Iraq, the telecommunications sector is the most competitive and only advanced technology sector. Asiacell, which was the first among telecom companies operating in Iraq, has assumed responsibility for transforming Iraq into a digital country, starting with organizing and supporting the Transformation Summit," the statement added. Digital in Iraq.
He explained, "With the presence of networking and communication technologies such as the Internet and mobile phones, this summit will establish the seed for a national digital economy, enhance the competitiveness of technology between Iraq and the world, and open the doors wide for an exceptional quality of community life."
"We are delighted to have a leadership role in this summit and we affirm our readiness to be the main player for change towards digital transformation in Iraq," said Asiacell spokesman and director of integrated marketing communications, Abdullah Hassan.
He added, "The number of subscribers to traditional mobile phone communications is currently approaching 99% of the population, while the number of subscribers to Internet services in Iraq has exceeded 30 million subscribers, which means that 75% of the Iraqi people connect to the international network of the Internet, and this is a positive indication that The number of users has exceeded the global average of only 50%,
taking into account that the number of users has increased by 11 million Internet users in Iraq between 2019 and 2020 only, and that the percentage of smartphone subscribers to regular phones on our network is more than 72%, and this is an excellent indicator. "The continuation of remote work and study is evidence of the Iraqi people's awareness of the role of digitization. Consequently, the transition to e-government, of course, will be a success for all parties."
"With digitization, a new era is coming, and Asiacell today is at the forefront of bridging the gap between Iraq and the world, and thus we are heading to a new life with unlimited potentials, multiple benefits, and promising opportunities for technicians, institutions and companies to serve the public interest," the statement continued. https://www.radionawa.com/all-detail.aspx?jimare=24608
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