More Iraqi News Thursday Evening 3-31-22
Iraqi News Thursday Evening 3-31-22
TLM724 Administrator BondLady’s Corner
The President Of The Baghdad Chamber Of Commerce Receives The Romanian Ambassador And Discusses With Him Joint Commercial Cooperation
Economie| 02:57 - 03/31/2022 l Baghdad - Mawazine News The President of the Baghdad Chamber of Commerce, Firas Al-Hamdani, received today, Thursday, the Romanian ambassador to Iraq, "Rado Octavian Dobri", in the presence of a member of the Chamber's Board of Directors, Ali Al-Mukhtar. The two sides discussed opening prospects for cooperation and joint trade exchange between the two countries and strengthening economic relations in various fields. .
A statement by the Chamber, received by Mawazine News, stated, "During the meeting, Al-Hamdani stressed the priorities of the Baghdad Chamber of Commerce's work, communicating with the chambers of commerce in the world, and opening lines for joint commercial and economic work. The local and global market, and we also welcome the strengthening of relations between Iraq and Rome, especially at the level of trade and investment.
For his part, the Romanian Ambassador, Radoa Octavian Dobri, expressed his pleasure to communicate with the Baghdad Chamber of Commerce and its President Al-Hamdani, and to learn about the importance of commercial relations between the Chamber and the Embassy, and that Rome is ready for joint cooperation between the two sides and support the Iraqi market, and that more than 2,000 Romanian trading companies wish to work in Iraq, and this enhances the Relations between Iraq and Rome. Ended 29 / 92 https://www.mawazin.net/Details.aspx?jimare=188922
Securities: An Advanced Electronic System For Trading Bonds
Posted On2022-03-31 By Sotaliraq Baghdad: Omar Abdul Latif The Securities Commission and the Iraq Stock Exchange are working on creating a highly advanced electronic system for bond trading, and at a time when the value of bonds listed in the market reached 2 trillion dinars, it warned against dealing with “fake” companies claiming to deal with the global stock exchange.
The head of the commission, Hassan Al-Agaili, said: “The bonds were offered more than once, the last of which was when the Central Bank offered construction bonds, and the commission’s approval was obtained for its inclusion in the Iraqi Stock Exchange and it is negotiable,” noting that “trading in them as bonds is still weak due to the lack of definition of them.” and marketing.”
He added, "The authority and the market are working to create a highly advanced electronic system through a sound and highly developed electronic legal environment for bond trading, to be a great opportunity to invest in funds that are guaranteed profits and free of risk."
Al-Ugaili confirmed that "the bonds issued last year are listed on the Iraqi Stock Exchange, and are ready to list any new issues," noting that "their value is 2 trillion dinars."
He explained that "there is the phenomenon of companies claiming to deal with global stock exchanges, and they are absolutely not licensed by the Commission, and it is not permissible in Iraqi law to permit this activity, and their work involves great danger."
He added that "some investors whose money was lost, submitted complaints to the authority, and it was able to take legal measures against the persons claiming to own these companies, and some of them were issued judicial rulings after cooperation by the authority and the National Security and Intelligence agencies," noting that "the means of communication are full of advertisements from these institutions, which are (( fake) because it is not licensed, and some state institutions even use their platforms to advertise these companies, such as malls and sports stadiums.” LINK
Parliamentary Finance: The Food Security Law Will Be Implemented Within 15 Days
Political | 12:58 - 31/03/2022 Baghdad - Mawazine News The Parliamentary Finance Committee confirmed today, Thursday, that the Food Security Law will be completed within 15 days.
A member of the Parliamentary Finance Committee, Nazim Al-Shiblawy, said, "The Parliamentary Finance Committee has set a maximum period of 15 days to complete the emergency food security support law," noting that "the law will depend on the financial abundance achieved from the rise in oil prices."
Al-Shiblawy added, in a statement to the official television, that "the law will include the needs of the projects of the ministries of electricity and oil," noting that "the members of the Finance Committee reject the borrowing clause in the law." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=188910
In The Document.. Reducing The Official Working Hours During The Month Of Ramadan
Local | 02:22 - 03/31/2022 Baghdad - Mawazine News publishes "Mawazine News", a circulating document, which includes a decision to reduce the official working hours in government departments to one hour, during the month of Ramadan. https://www.mawazin.net/Details.aspx?jimare=188919
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