More Iraqi News Sunday PM 9-6-20
More Iraqi News Sunday PM 9-6-20
TLM724 Administrator BondLady’s Corner
Parliament Raises Its Session To Tomorrow, Tuesday
Monday 07, September 2020 16:56 | PoliticalViews: 27 Baghdad / NINA / The House of Representatives raised its session to tomorrow, Tuesday, at 12 noon./ https://ninanews.com/Website/News/Details?key=854884
Dollar exchange rate in Iraq today Time: 09/07/2020 09:04:49 Read: 8,411 times
{Baghdad: Al Furat News} Today, the foreign currency markets in Iraq recorded a stable exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar in exchange companies and offices were as follows:
The selling price of one dollar was 1235 dinars, or 123 thousand and 500 dinars per hundred dollars.
The purchase price of the dollar is 1225 dinars, or 122 thousand and 500 dinars per hundred dollars.
Foreign exchange rates, gold and crude oil until the preparation of this news:
the euro The global price: 100 euros = 118,30 pounds sterling The global price: 100 pounds = 132.16 dollars of
the Turkish lira The global price: 100 dollars = 745.50 Turkish lira
The price of an ounce of gold worldwide = 1930.23 dollars, the price of a barrel of Brent crude oil = 42.08 dollars, the price of a barrel of US crude oil = 39.10 dollars. LINK
Iraqi Private Banks Association Holds A Digital Transformation Workshop For Human Resources
Banks Economy News _ Baghdad The Iraqi Private Banks Association held a remote workshop entitled "Digital Transformation of Human Resources", in cooperation with the Center for Banking Studies at the Central Bank of Iraq and the Joint Efforts Group, with the participation of a number of workers in the banking sector.
The workshop aims to familiarize participants with the latest systems used in the digital transformation of human resources by international banking institutions and the use of the latest digital programs.
Number of observations 101 Date added: 09/07/2020 https://economy-news.net/content.php?id=21756
The Banking Sector Participates In Supporting And Qualifying Sports Projects And Activities
Banks Economy News _ Baghdad On Monday, the Iraqi Trade Bank held a meeting between the Ministry of Youth and Sports and a number of representatives of private banks to contribute to supporting and qualifying sports projects and activities in general by the banking sector.
The meeting was attended by the Minister of Youth and Sports, Adnan Darjal, Chairman of the Board of Directors of the Iraqi Trade Bank, Faisal Al-Hims, and the Executive Director of the Iraqi Private Banks Association, Ali Tariq.
The Minister of Youth and Sports Adnan Darjal stressed during the meeting attended by "Al-Eqtisad News", the importance of the government and private banking sector in supporting sports and youth activities in light of the ministry's limited budget in the current circumstance, through sponsorships or loans for various projects and activities or by investing in youth forums and unions. Sports with all its specializations and types in Iraq, because this matter constitutes building the capabilities of this important sector that contributes to embracing young energies and providing various job opportunities.
For his part, the Chairman of the Board of Directors of the Iraqi Trade Bank, Faisal Al-Haimas, stated that the bank is the first to donate and support the activities of the ministry, and the amount of support will be determined later by it, so that the Iraqi Trade Bank is the first Iraqi banking institution to take initiative to support the projects and plans of the Ministry of Youth and Sports.
The executive director of the Iraqi Private Banks Association, Ali Tariq, added that the Association of Banks will take the issue seriously in setting up a working mechanism and future plans with private sector banks to contribute to supporting forums, unions and the ministry in general.
At the conclusion of the meeting, the Minister of Youth and Sports and the Executive Director of the Association of Iraqi Private Banks expressed his thanks and gratitude to the President of the Iraqi Trade Bank for embracing such an important initiative to support the youth and sports sector in Iraq.
Number of Observations: 113 Date added: 09/07/2020 https://economy-news.net/content.php?id=21760
Digital Economy
Articles Mohammed Sharif Abu Maysam Despite the conceptual interlocking between the terms digital economy and the Internet economy, specialists in information technology sciences see the first more advanced and complex than the second, which is the economic value of using the Internet only, by reducing the sagging rings in performance and stimulating exchanges and exchanges, and reducing opportunities Corrupt practices, which means that this Internet economy is based on the outputs of digitization only.
While the concept of the digital economy implies a business space based on a huge digital structure, as it is not sufficient to use the information network to perform the tasks that are traditionally performed by workers in the public or private sector. Rather, digital transformations are a reason for the birth of a digital society in an urgent need to use technologies for the purpose of implementing The tasks are done better and with high quality in a short period of time, then the output will be completely different from before.
This requires, in addition to the digital infrastructure, which is one of its most prominent features is access to a high-speed Internet service at a cost commensurate with the rate of per capita income, raising the level of skills of individuals and expanding the scope of the digital system for entrepreneurship, as well as the importance of having economic and scientific institutions concerned with digital treatments and development, and otherwise The conversation is limited to an economy based on the Internet only.
Many countries have managed to catch up with the developed world and out of the economic recession by adopting a sober strategy towards digital transformation with ease, after it has been proven that digital power is the main driver of economic growth at this stage in history.
In this context, there are global experiences under this approach, and they were able to break the traditional bottleneck in dealing with the circles of economic sectors, depending on the scientific approach that establishes the business environment for entering the digital economy space.
From here it can be said that highlighting the importance of digital transformation in the country has become an urgent need, in view of the tremendous jumps that the world is witnessing in this regard, and to get out of the state of economic confusion resulting from adherence to traditional tools in the process.
As long as we are here in the context of establishing an electronic environment aimed at reaching a knowledge environment that establishes governance applications, including e-government applications and the pursuit of working with the fourth generation network, this establishment can be employed in the context of a national will based on a scientific approach and a solid strategy, to form the starting point for a digital economy In which the scientific institutions are integrated with the public sector and the private sector on the basis of a true partnership,
in which human energies and financial resources are employed in a manner in which the state is the one who is based on this strategy and the official sponsor of it, while leaving the private sector the freedom to invest in light of banking and tax facilities within the framework of obligating work method controls And employ specializations in information technology sciences exclusively. And exit from the method of work based on the reactions of the need to contract with companies to perform specific services only.
Number of observations: 73 Date added: 09/07/2020 https://economy-news.net/content.php?id=21751
The Secretary Of State And The US Ambassador Stress The Importance Of Moving Towards An Effective Partnership Characterized By Respect For The Sovereignty Of Iraq And Dedication To Common Interests
Monday 07, September 2020 16:38 | PoliticalViews: 66 Baghdad / NINA / Foreign Minister Fuad Hussein and US Ambassador to Baghdad Matthew Toller stressed the importance of moving towards an effective partnership characterized by respect for Iraq's sovereignty and dedication to common interests.
The ministry stated in a statement that the Iraqi National News Agency / NINA / received a copy of it: "The two sides discussed during the meeting ways to improve the horizons of bilateral and strategic relations between Baghdad and Washington, and the importance of activating means of bilateral cooperation in order to achieve the interests of both friendly countries."
The two sides discussed the results of the visit of the Prime Minister and his accompanying delegation to Washington.
They stressed the importance of continuing to achieve an effective partnership characterized by respect for Iraq's sovereignty and dedication to common interests. / https://ninanews.com/Website/News/Details?key=854877
Parliamentary Finance Decides To Host The Minister Of Finance And Issues A Number Of Recommendations
Monday 07, September 2020 12:21 | EconomicalViews: 148
Baghdad / NINA / The Finance Committee headed by Representative Haitham Al-Jubouri decided to host the Minister of Finance to discuss a number of issues, while it issued a number of recommendations.
The committee stated in a statement today that it held a meeting headed by Al-Jubouri to discuss the draft law on retirement rights for deceased persons with medical and health professions as a result of addressing the Corona virus, while the committee recommended that the draft law be proceeded and submitted for the first reading after taking into account the proposals of the Supreme Committee for Health and National Safety No. (64) for the year 2020 By granting the deceased from the medical and health professions as a result of facing the Corona pandemic, a pension equivalent to the last salary and allowances they received on the job.
The Finance Committee decided to host the Minister of Finance and his accompanying delegation, to discuss the procedures for automating customs duties and taxes, the economic and financial reform paper, the postal issue and the distribution of powers and farmers ’entitlements, as well as forming a sub-committee to study and unify the proposals of the parliamentary reform paper.
The Finance Committee also recommended, during its meeting, to prepare a letter to the Presidency of the Council, confirming the continuation of the legislation of the civil service law and placing it on the council’s agenda to vote on it.
The committee recommended preparing a letter to the Cabinet on the legal basis for appointing heads of independent bodies who have reached the legal age for retirement, in contravention of the Unified Pension Law No. 9 of 2010 as amended and the State Council’s letter No. (2959 on 8/26/2019).
In order to ensure that the retired person has the freedom to choose the credit card according to an effective and easy electronic mechanism, the Finance Committee recommended preparing a letter to the National Retirement Authority not to change the place of pension localization by forcing him to choose the type of credit card. https://ninanews.com/Website/News/Details?key=854801
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