More Iraqi News Thursday PM 12-2-21
More Iraqi News Thursday PM 12-2-21
TLM724 Administrator BondLady’s Corner
Planning Announces A Rise In The Inflation Rate During Last October
Money and business Economy News – Baghdad On Thursday, the Ministry of Planning announced an increase in the inflation rate for the month of October last by (0.4%), while it indicated that the annual inflation rate also rose by (6.8%).
The official spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement seen by "Al-Iqtisad News", that "the Central Bureau of Statistics in the ministry continues its digital monitoring of the movement of prices in the Iraqi local markets, and the qualitative report of the consumer price index for the month of October showed an increase in the inflation rate." monthly and yearly.
He added that "the commodity totals that were the highest in monthly prices, which had an impact on the inflation rate, were represented by the miscellaneous goods and services department, whose prices witnessed a rise of 4.2%, affected by the relative rise in gold prices, and the prices of the health department recorded an increase by ( 0.9%), and the prices of the fixtures, home equipment, and maintenance section increased by (0.5%), as a result of the increase in the furniture and fixtures group by (0.8%), and the household appliances group by (0.3%).
He added that "the prices of the sections of food, non-alcoholic beverages, entertainment and culture, recorded a slight increase, amounting to (0.2%)," attributing "the increase in the prices of the food section to the increase in meat prices by (2.3%), the bread and cereal group by (0.9%), and the milk group. And cheese and eggs by 0.2%, while the prices of the two groups of oils, fats, sugar and sugar products increased by (0.1%).
He stated that "the education department recorded an increase of (0.1%)," explaining that "the monthly inflation rate for the month of last September increased by (0.7%) compared to August."
Views 94 Date Added 02/12/2021 https://economy-news.net/content.php?id=26891
Including Iraq.. 3 Arab Stock Exchanges, Their Indices Rise During The Past Week
Iraqi Stock Exchange «Economy News» Market Economy News – Baghdad The stock exchanges of Egypt, Iraq and Tunisia witnessed an increase in their indices, at rates of less than 1%, while the performance indices of eight Arab stock exchanges recorded a decline during the past week.
According to the weekly bulletin of the Arab capital markets, issued by the Arab Monetary Fund, and followed by "Al-Iqtisad News", the value of Arab financial markets trading at the end of last week decreased by 12.14%, reflecting the decline in the value of trading in eight Arab stock exchanges, while the value of trading increased in six other Arab stock exchanges.
The Muscat Securities Market witnessed the largest gains achieved at the level of trading value indices, and the stock exchanges of Tunisia, Saudi Arabia and Iraq recorded an increase of 50.37, 17.48 and 14.15%, respectively. Likewise, the stock exchanges of Jordan and Beirut witnessed an increase of 5.95 and 4.39%, respectively.
Trading volume also witnessed an increase of 1.0% at the end of last week, as six Arab stock exchanges recorded an increase in their trading volumes at the end of the week ending on November 25.
Nine Arab stock exchanges recorded a decline in trading volume, while the Iraq Stock Exchange advanced Arab stock exchanges in terms of trading volumes, with its index recording an increase of 126.4%.
Number of views 81 Date of addition 02/12/2021 https://economy-news.net/content.php?id=26892
A Slight Decrease In The Exchange Rates Of The Dollar In The Local Markets
Economie| 10:34 - 02/12/2021 Baghdad - Mawazine News, Thursday, the dollar exchange rates decreased slightly in the main stock exchange and local markets in the capital, Baghdad.
The dollar exchange rate fell on the Central Kifah Stock Exchange in Baghdad today, recording 147,900 dinars, for each $100 bill.
This has stabilized the prices of buying and selling dollars in banking companies and local markets in Baghdad, where the selling price reached 148,500 dinars, for each paper denomination of 100 dollars, while the purchase prices amounted to 147,500 dinars, for each paper denomination of 100 dollars. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=177121
The Rise Of The Iraqi Stock Market Index
Thursday 02 December 2021 121 Baghdad: Follow up The stock exchanges of Egypt, Iraq and Tunisia witnessed an increase in their indices, by rates of less than one percent, while the performance indices of eight Arab stock exchanges recorded a decline during the past week.
According to the weekly bulletin of the Arab capital markets, issued by the Arab Monetary Fund, and followed by "Al-Sabah", the value of Arab financial markets trading at the end of last week decreased by 12.14%, reflecting the decline in the value of trading in eight Arab stock exchanges, while the value of trading recorded an increase in Six other Arab stock exchanges.
The Muscat Securities Market witnessed the largest gains achieved at the level of trading value indices, and the stock exchanges of Tunisia, Saudi Arabia and Iraq recorded an increase of 50.37, 17.48 and 14.15%, respectively. Likewise, the stock exchanges of Jordan and Beirut witnessed an increase of 5.95 and 4.39%, respectively.
Trading volume also witnessed an increase of 1.0% at the end of last week, as six Arab stock exchanges recorded an increase in their trading volumes at the end of the week ending on November 25.
Nine Arab stock exchanges recorded a decline in trading volume, while the Iraq Stock Exchange advanced Arab stock exchanges in terms of trading volumes, with its index recording an increase of 126.4%. LINK
Public Banking Audience
Thursday 02 December 2021 183 Mohamed Sharif Abu Maysam After years of working with electronic payment cards, state employees have become the vast majority of the public of government banks, due to the work of the salary localization system.
And because this societal segment is the most influential in making public opinion as the main force in the current societal formations, starting with the family and ending with the tribe, the relevant authorities were supposed to seek to gain the confidence of this segment, and to consolidate the bonds of positive interaction with it in order to build trust, which is considered A basic pillar in the work of banks at the levels of banking awareness and protection of the public in all countries of the world.
However, some government banks, while striving to improve their services and compete with other banks, with the aim of winning more audiences, are still working (for blessing) in making decisions, in the context of policies that are controlled by the facts of the moment, reactions and improvised decisions, and in some cases adopting the patchwork method. in addressing some of the imbalances.
Which violates many obligations in front of the public, and contributes to undermining the bonds of trust, such as offering to provide some banking services, such as loans whose amounts reach 50 million dinars, and pension advances, which range between 10 to 20 million dinars, for those who settle their salaries in those banks without A schematic vision of the capabilities of these banks in raising credit rates and capital adequacy,
which put some of these banks in great embarrassment in front of the public, as their departments were subsequently forced to take decisions that were inconsistent with the nature of the offers promised by the public, such as stopping the granting of loans and advances until further notice ,
or raising the interest rate that was used to attract the public as a low interest on loans and advances, or modifying the coverage of the net salary of the customer wishing to obtain any advance or loan to less than it was, to avoid the insufficiency of some customers’ salaries in the event of any deduction from the salary before his circle.
These and other procedures related to electronic card services that are subject to confusion in the implementation episodes due to rush, poor planning or implementation, have negatively impacted the public’s assessment of the level of services, and put those government banks in approaches with some private banks that were distinguished in the advancement of their services. Among the categories of the public, it sought to create groups (groups) on social networking sites to attack some of those banks due to the low level of services provided and the failure to adhere to the promises and offers they promised.
Which requires quick intervention from the administrations of these banks to address the weaknesses and maximize the strengths in providing the level of services to the public to prevent further decline in the competition arena. banking. LINK
Executive Confirmation December 01, 2021
We emphasize their own members of the two 482 meetings 482/5/9 and 190 in 2017/12/4, 2020/220/21, especially prepay cards and the customer of your customer for prepayment cards. https://cbi.iq/news/view/1883
For the differences click here https://cbi.iq/static/uploads/up/file-163835613668948.pdf
https://www.ina.iq/142720--.html
The Governor Of The Central Bank And Men Discuss The Bank Card Project For The Youth Segment
Sweetened Today, 20:07 Baghdad - Ia'a, Governor of the Central Bank of Egypt, Mustafa Ghaleb Mikheib, discussed with the Minister of Youth and Sports Adnan Darjal, today, Wednesday, the youth bank card project.
A statement by the bank, received by the Iraqi News Agency (INA), stated that "the Governor of the Central Bank, Mustafa Ghaleb, discussed with the Minister of Youth and Sports Adnan Darjal, in the presence of a group of representatives of Iraqi banks, the bank card project for youth."
Makheif said, "The Central Bank supports the Ministry of Youth and Sports and encourages banks to issue a bank card targeting young people, which contributes to launching banking services dedicated to them and enhances levels of financial inclusion and diversification of services," explaining that
"this card will be used in universities, colleges, schools, sports clubs, and others, and it will be The bearer has various discounts.
For his part, Minister of Youth and Sports Adnan Darjal confirmed that "this initiative will benefit young people and allow the launch of various services and used in sports facilities and others, and that the ministry will work with the Central Bank and banks to include all young people in all parts of Iraq and not be limited to a region or governorate."
Representatives of the banking sector also welcomed this initiative and confirmed their desire to participate and support this project in light of the full support of the Central Bank of Iraq. https://www.ina.iq/142720--.html
Governor Of The Central Bank Of Iraq Meets Minister Of Youth And Sports
December 01, 2021 His Excellency the Governor of the Central Bank of Iraq Professor Mustafa Ghalib discussed with His Excellency the Minister of Youth and Sports Professor Adnan Female, in the presence of a group of representatives of Iraqi banks, the banking card project for youth.
The central bank's governor said the central bank was supported by the Ministry of Youth and Sports and encourages banks to issue a banking card targeting young people and contributed to the launch of banking services dedicated to them and enhances levels of financial inclusion and services, explaining that the card would be used in universities, colleges, schools, schools, etc. Various discounts.
On the other hand, the Minister of Youth and Sports said this initiative would benefit young people and allow for various services and used in sports facilities and others.
The representatives of the banking sector also welcomed this initiative and confirmed their desire to participate and support this project with full support by the Central Bank of Iraq.
Central Bank of Iraq information Office 1 December 2021 https://cbi.iq/news/view/1884
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