KTFA:

Clare: Iraq Stock Exchange trades more than 60 billion dinars in shares during July

8/1/2024

The Iraq Stock Exchange announced on Thursday that it will hold 21 trading sessions in July 2024, at a rate of five sessions per week. The sessions were not held on the first and tenth of Muharram, which fell during the month. 

According to the trading indicators for the month of July, the number of traded shares reached (61,327,427,127) shares, an increase of (80%) over the month of June, with a financial value of (60,199,416,955) dinars, an increase of (76%) over the month of June.

According to the index, the number of executed contracts reached (11,309) contracts, an increase of (26%) over the month of June.

The ISX60 index closed at 896.25 points in the last session of July 2024, up 1.6% from its June closing of 882.03 points.

The ISX15 free float index closed at (1008.30) points in the last session of July 2024, achieving an increase of (0.2%) from its closing in June (1005.49) last.   LINK

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Clare:  The House of Representatives publishes the agenda of its sessions for next Saturday and Sunday

8/2/2024 Baghdad – 

The Iraqi News Agency (INA) publishes the agenda of the sessions of the House of Representatives next Saturday and Sunday, according to what was announced by the media department of the Council.

TRANSLATION:

Republic of Iraq House of Representatives

The fifth electoral session, the third legislative year, the second legislative term

In the name of God, the most gracious, the most merciful

Republic of Iraq House of Representatives

Agenda for session No. (4), Saturday, August 3, 2024

Reading verses from the Holy Quran

Public Affairs Department No. (27) of 2016. (Committee First:

 First reading of the draft law on the Second Amendment to the Legal Amnesty Law, Security and Defense Committee, Human Rights Committee), (2) Articles.)  the light

Second: First reading of the draft arbitration law. Legal Committee, Finance Committee (47 articles).

Third: Report and discuss the second reading of the draft law on compensation for the properties of those affected by the former regime.

Committee of Martyrs, Victims and Political Prisoners).

The session begins at one o'clock in the afternoon

House of Representatives   LINK

Clare:  Arab currencies top the list of the strongest in the world.. Is the Iraqi dinar among them?

8/2/2024

Four Arab currencies top the list of the 10 most powerful currencies in the world out of 180 currencies recognized by the United Nations. The US dollar comes in tenth place globally. The following is a list of the most powerful currencies in the world:

1. Kuwaiti Dinar: equivalent to 3.27 dollars  

   The Kuwaiti Dinar is the most valuable currency in the world. Since its introduction in 1960, the Kuwaiti Dinar has continued to top the list of the most valuable currencies thanks to Kuwait's economic stability and oil reserves.

2. Bahraini Dinar: equivalent to 2.65 dollars  

   The Bahraini Dinar is the second strongest currency in the world. The Bahraini Dinar is pegged to the US Dollar and is used exclusively in Bahrain, which has a large expatriate community, including a large number of Indians.

3. Omani Rial: equivalent to 2.60 dollars  

   The Omani Riyal is the third most valuable currency in the world. It was introduced after Oman stopped using the Indian Rupee. The economy of the Sultanate of Oman is heavily dependent on the oil sector.

4. Jordanian Dinar: equivalent to 1.41 dollars  

   The Jordanian dinar has been the official currency of Jordan since it replaced the Palestinian pound in 1950, with fixed exchange rates and a diversified economy.

5. British Pound: equivalent to 1.26 dollars  

   The pound sterling is used in Great Britain and has an important place in global finance, thanks to London's status as a financial centre and intense commercial activity.

 6. Gibraltar Pound: equivalent to 1.26 dollars

 7. Cayman Islands Dollar: equivalent to $1.20 

8. Swiss Franc: equivalent to 1.14 dollars

9. Euro: equivalent to 1.08 dollars

10. US Dollar: Equivalent to $1.00

These currencies continue to play a major role in the global economy, as their strength reflects the economic and financial stability of the countries that issue them.   LINK