Iraqi News Wednesday AM 8-11-21
Iraqi News Wednesday AM 8-11-21
TLM724 Administrator BondLady’s Corner
The Central Bank Of Hard Currency Sales Exceed The $225 Million Barrier
Economie| 01:31 - 11/08/2021 Baghdad - Mawazine News, the Central Bank of Iraq's sales rose, on Wednesday, to reach 225 million dollars.
And the Central Bank auction for the sale and purchase of foreign currencies, today, witnessed an increase in its sales by 7.66%, to reach 225 million, and 485 thousand and 324 dollars.
The purchases amounting to 135 million, 455 thousand and 324 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 90 million and 30 thousand dollars went in cash.
34 banks responded to requests to enhance balances abroad, and nine banks to meet cash requests, in addition to the participation of 4 exchange companies. https://www.mawazin.net/Details.aspx?jimare=163498
Dollar Exchange Rates In Local Markets Today
Market Economy News _ Baghdad "Economy News" publishes the exchange rates of the dollar against the Iraqi dinar in the local markets on Wednesday. Baghdad - Kifah Stock Exchange 147,850
The price in most Baghdad exchanges buy 147,250 Sell 148,250
Views 69 Date added 11/08/2021 https://economy-news.net/content.php?id=25942
Oil Prices Rise Due To Falling US Crude Inventories
Economie| 10:26 - 11/08/2021 Baghdad - Mawazine News: Oil prices rose, on Wednesday, after data from the American Oil Institute showed a decline in oil and gasoline stocks, according to preliminary data, after days of decline due to fears of the impact of the Corona virus outbreak on the market.
The price of futures contracts for Brent crude, the standard for October delivery, rose at 71.07 dollars a barrel, after rising by 0.63 percent.
The price of future contracts for West Texas Intermediate crude, for delivery next September, rose around 68.67 dollars, an increase of 0.56 percent.
The market was affected by the emergence of the latest weekly data on crude and fuel stocks in the United States, which was issued on Tuesday by the American Petroleum Institute, which showed that auto fuel stocks fell by 1.11 million barrels last week and fell by 816,000 barrels last week. Ended 29/A 4
https://www.mawazin.net/Details.aspx?jimare=163472
Zain Wins An Award From Ookla International For The Fastest Mobile Network In All Of Iraq
Dunya and Smart| 03:23 - 11/08/2021 Baghdad - Mawazine News Zain Iraq, one of the leading Zain Group companies in mobile telecommunications and data services in the Middle East and Africa, won an award from the global company Ookla “as the fastest mobile network in all of Iraq” based on the performance of the internet networks, their speeds, and the coverage provided to customers. Its leadership in the telecommunications sector in Iraq and its continuous efforts in the field of digital transformation, and this award reinforces Zain's position as the first choice of Iraqis.
The “Fastest Mobile Network in All of Iraq” award from Ookla, the world leader in broadband and mobile networks speed testing and analysis of download and data transmission speeds, is a new confirmation of the leadership and excellence of 4G-LTE services and offerings from Zain and its success in providing the fastest and strongest 4G network in Iraq.
Iraq also comes within the framework of its strategy based on providing the latest and most advanced technological services, products and solutions in the field of communications, in order to meet the changing requirements of subscribers and their future aspirations.
It is worth noting that after the launch of Zain as the first telecom company in Iraq for 4G-LTE services in all governorates, which moved Iraq in the global classification of internet speed by 60 ranks, by obtaining 65th place after the launch of 4G, after Iraq was ranked 125th in the global rankings .
Ali Al-Zahid, CEO of Zain Iraq, said, "We are pleased to receive the "fastest mobile network in all of Iraq" award from Ookla, which is a new achievement as it comes from a highly credible body, and comes based on actual Internet speed tests for millions of users."
Zahid adds that "this The award, which ranked Zain Iraq as the fastest network, is new evidence of our success in achieving our promise to the Iraqis to provide the best experience for subscribers of the fourth generation services in the region, and this reflects the volume of our investments in the latest technology and technologies used in the world in the 4G network in all the governorates of Iraq.”
The CEO of Ookla Dougstools said, “I congratulate Zain for winning the “Fastest Mobile Network in Iraq” award, and this is evidence of Zain’s continued investment in developing and expanding its network and emphasizing on providing the best service to customers. Zain has the highest internet speeds in Iraq.
SpeedTest from Ookla is an accurate and effective tool for measuring Internet speeds globally, enabling users to quickly measure the speed and performance of the Internet. Since its founding in 2006, more than 37 billion speed tests have been conducted using SpeedTest.
Ookla awards its prizes to the most prominent telecom operators in the world after evaluating the services provided using the “SpeedScore” technology, which includes a measurement of network speeds in the download and upload processes, and more than ten million speed quality checks are performed daily by users around the world in the locations and times they Where communication and communication are essential for users. https://www.mawazin.net/Details.aspx?jimare=163509
Parliamentary Finance: Salaries Must Be Reconsidered
Political | 01:01 - 11/08/2021 Baghdad - Mawazine News On Wednesday, the Parliamentary Finance Committee identified ways to eliminate unemployment and reduce the burden on upcoming budgets, while recommending a review of salaries.
Committee member Magda Al-Tamimi said, according to the official agency, that "the committee expects to calculate the price of a barrel of oil in the 2022 budget at a maximum of 55 dollars."
She added that "the government should support the private sector if it wants to reduce the burden on the upcoming budgets," noting that "supporting the private sector would create job opportunities for young job seekers and graduates whose numbers are increasing dramatically, which has led to a high unemployment curve."
And she added, "The government sector is unable to absorb these numbers even after the retirement age has been reduced to 60 years and thousands of employees have retired, as the problem of the heroine has not been resolved."
Regarding the salary scale, Al-Tamimi stressed that “salaries need to be reconsidered, to be a logical and fair scale, as well as solving the problem of calculating certificates, whether unauthorized, or obtained during service.” Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=163494
To read more current and reliable Iraqi news please visit BondLady’s Corner: