Iraqi News Wednesday AM 6-15-22
Iraqi News Wednesday AM 6-15-22
TLM724 Administrator BondLady’s Corner
Al-Kazemi: I Will Not Enter Into Political Discourse, And The Government Needs A Budget
Iraq Tuesday, 14 June 2022 3:34 PM National News Center/Baghdad Today, Tuesday, Prime Minister Mustafa Al-Kazemi called on political forces to assume their responsibilities towards the people and the country, while noting the government's need for a budget.
Al-Kazemi said in a speech during the cabinet session held today and received by the National News Center: “In these days we remember the fall of the city of Mosul in the hands of the terrorist ISIS gangs, as these moments invite us to reflect and reflect on the reasons that led to this; To avoid what happened eight years ago,” he praised “the wisdom and courageous stance of the supreme religious authority.”
He added: "Today, we have to think about our present and our future, learn from what happened in the past years, and work with all our energies, for the sake of the future of our generations," noting that "security is held by the efforts and sacrifices of our security forces, of all kinds, and the borders are very secure, and I am Ashraf On a daily basis, military and security operations are carried out.”
He stressed that "our forces are ready and present to defend Iraq and the Iraqis," noting that "I will not enter into the political conversation, and the political forces must assume their responsibilities towards the people and the country."
And he indicated that "the government faced the most difficult circumstances and was able to overcome them through difficult and important measures that have proven successful," explaining that "there are those who are trying through social media to incite violence and chaos, and this is unacceptable, and will fall under legal accountability."
He continued, "There are those who use media platforms to call for being drawn into violence and harming the general interest of citizens," calling on "everyone not to be deceived, and not to be drawn into such calls, and for everyone to be patient, wise, rational, and give priority to the interests of Iraq and the Iraqis."
He explained that "the country cannot bear, and the government is working with all its efforts," noting that "the government needs budget and stability in order to proceed with its projects to serve the citizen, and to stabilize the living conditions of citizens." https://nnciraq.com/134813/
Clarification From The Framework After The News Of Maliki's Nomination To Head The Next Government
Posted On2022-06-14 By Sotaliraq Today, Tuesday, the coordinating framework denied what was reported on social media, discussing the nomination of former Prime Minister Nuri al-Maliki to head the next government.
The framework said in a statement, “The coordination framework has not yet discussed any names for any sites and the leaks that are taking place aimed at confusing the scene.” LINK
Finance Issues A Directive To Two Government Banks To Support Iraq's Economy
Political | 04:59 - 06/15/2022 Finance issues a directive to two government banks to support Iraq's economy https://www.mawazin.net/Details.aspx?jimare=196527
International Energy Expects The Return Of “The World’s Thirst For Oil” In 2023
Economie| 02:12 - 06/15/2022 Follow-up - Mawazine News: The International Energy Agency said that demand growth will be affected by higher oil prices and economic expectations, although the world's thirst for oil is expected to return to pre-pandemic levels by 2023.
The Paris-based agency added in its monthly oil report, an introduction Its first forecast for demand for the coming year, "Economic concerns persist, as various international institutions have recently issued pessimistic forecasts.
Likewise, the tightening of central bank policy and the impact of the rise of the US dollar and raising interest rates on the purchasing power of emerging economies means that the risks to our expectations are focused on the negative side." . The report indicates.
Rising oil and fuel prices, buoyed in part by sanctions on Russian supplies following its invasion of Ukraine, helped push inflation in some advanced economies to their highest levels in 40 years, raising fears of a possible recession.
While the advanced economies that make up the Organization for Economic Cooperation and Development will contribute most of the demand growth this year, China is expected to lead the rise in 2023 as it emerges from lockdowns aimed at containing the spread of Covid-19. https://www.mawazin.net/Details.aspx?jimare=196500
The Decline In The Market Index And Trading Volume In The Iraqi Stock Exchange During Last May
Posted On2022-06-14 By Sotaliraq Trading volume in the Iraq Stock Exchange (ISX) decreased last May by 30% compared to last April, to 46.7 million US dollars. The banking sector had the highest share in terms of trading volume with 81.2 percent, followed by the telecommunications sector with 6.2 percent.
“The month saw a rise in the volume of cross-transactions in the banking sector, and the share of foreigners in the total trading volume decreased from 4.0% in April to 3.5% in May,” said Aysegul Özki Özkar, Senior Vice President, Head of Research at Spring Brokerage.
She added: Last May, the Rabie Securities Index in the Iraq Stock Exchange decreased by 5.7%, mainly due to the dividend distribution of Asiacell, which is a major component of the Rabie Securities Index index and the Eid al-Fitr holidays, and the index is still up by 2.0% since the beginning of the year. general.
Two companies decided to distribute dividends during the month of May. Asiacell (Dividend Yield: 11.8%) and Al Maamoura Real Estate Investment (Dividend Yield: 2.0%). The share prices of 17 companies also rose in May, of which 11 companies increased by more than 5%, and Ashour Hotel shares jumped more than 30% during the past month. LINK
https://www.sotaliraq.com/2022/06/14/%d8%a7%d9%86%d8%ae%d9%81%d8%a7%d8%b6-%d9%85%d8%a4%d8%b4%d8%b1-%d8%a7%d9%84%d8%b3%d9%88%d9%82-%d9%88-%d8%ad%d8%ac%d9%85-%d8%a7%d9%84%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d9%88-%d9%81%d9%8a-%d8%b3%d9%88%d9%82/
Al-Rafidain Announces The Number Of Its Open Bank Accounts Across The Country
Economie| 09:04 - 15/06/2022 Baghdad - Mawazine News, Al-Rafidain Bank announced today, Wednesday, the number of open accounts for citizens and other categories in its branches in Baghdad and the governorates, amounting to 4,824 savings accounts, current accounts in dinars and dollars, and deposit accounts during the month of May.
A statement by the bank, a copy of which was received by Mawazine News, stated that "the number of current accounts that were opened for citizens and other categories last May reached 955 current accounts in dinars and dollars."
He added, "The number of savings accounts opened for citizens amounted to 3,704 accounts in dinars and dollars, in addition to the number of deposit accounts, which amounted to 165 deposits."
He pointed out, "The bank continues to provide its services by opening accounts for citizens wishing to deposit their money in the bank and obtain interest according to the terms and controls established."
Dollar Exchange Rates Against The Dinar
Economie| 10:09 - 15/06/2022 Baghdad - Mawazine News The dollar exchange rates continued to decline in the Iraqi Stock Exchange.
And the selling prices of the dollar recorded today, Wednesday, 148,300 dinars per 100 dollars, while the purchase prices of the dollar recorded 148,200 dinars per 100 dollars. Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=196474
Central: The Letter Of Guarantee Platform Issued More Than 30,000 Letters, Worth 9.3 Trillion
Banks Economy News – Baghdad The Association of Iraqi Private Banks, in cooperation with the Central Bank of Iraq, organized a workshop on the "Letters of Guarantee Platform" established by the Central Bank of Iraq, in the presence of a number of ministries and banks.
During the symposium, the assistant director of the banking department, Ghazwan Ali Hussein, said that "the platform for letters of guarantee has issued, since its inception until the end of 2021, more than 30,704 letters of guarantee, with a total of more than 9.3 trillion dinars."
Hussein explained, "The platform for letters of guarantee plays an important role in regulating contractual issues between beneficiaries and customers, and protects government agencies and the private sector, from companies that are reluctant to implement projects, and it also increases the banking sector's revenues."
He added, "The letters of guarantee were suffering from major problems represented by defrauding state departments, by issuing letters outside the bank records, but the establishment of this platform eliminated all problems and limited corruption."
For his part, Deputy Executive Director of the Association of Iraqi Private Banks, Ahmed Al-Hashemi, said, "The platform has limited corruption and illegal procedures, and facilitated the beneficiaries' access to the platform without any complexity, as beneficiaries and ministries can verify letters of guarantee by entering the platform electronically." , indicating that "the banking sector is fully committed to implementing the directives of the Central Bank of Iraq in this area."
Al-Hashemi pointed out that "the speech platform contributed to the creation of a large database, through which companies and banks can be classified, and the contributor to the development of the economy." 53 . views Added 06/15/2022 - 3:33 PM Update 06/15/2022 - 5:12 PM
https://economy-news.net/content.php?id=28488
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