.KTFA:

DoTalkToMe: Suspension Removal_____ CHINA EVERGRANDE GROUP June 16th, 2022
Due to ongoing suspension in trading of CHINA EVERGRANDE GROUP,
the following treatment will be applied to the following indices:

CHINA EVERGRANDE GROUP will be removed from the index at a price
of Zero. Effective date (open ):

16/06/2022.
Fitch withdraws ratings on debt-laden China Evergrande, subsidiaries

China Evergrande to announce restructuring proposal by the end of July.
IMF warns China's property stress poses spillover risk

.KTFA:

Clare: FROM FRANK....I HAVE DECIDED TO DO A UB2B THURSDAY NIGHT, 6/16
ON THE NEW ATM ARTICLE (WELL DONE SAMSON, THANK YOU)........STARTING @6PM EST

Samson: Parliamentary Finance comments on the decision to install contracts within the Food Security Law

16th June, 2022

Today, Thursday, the Parliamentary Finance Committee commented on the decision of the Council of Ministers yesterday regarding the confirmation of contractors within the Food Security Law.

.KTFA:

The industry offers the services of the Electronic Systems Company to the Central Bank of Iraq

15th June, 2022

The General Company for Electronic Systems, one of the companies of the Ministry of Industry and Minerals, discussed the frameworks of joint cooperation with the Central Bank of Iraq in the field of systems production, automation and electronic management

The General Director of the General Company for Electronic Systems, Ahmed Abdullah Najim, said in a statement carried by the Ministry of Industry that the discussions included "the company's capabilities and the services it provides," stressing "the company's readiness to provide its services to the Central Bank of Iraq in a number of areas, including systems production, automation and electronic management, which aims to preserve Scientifically correct information and documents and eliminating red tape

.Samson: Diebold Nixdorf deploys new ATMs in Iraq

15th June, 2022

Diebold Nixdorf has announced that Al Qurtas Islamic Bank is the first to deploy its DN Series ATMs in Iraq.

The bank's ATMs will be monitored by Vynamic View software to detect and prevent downtime, optimize performance and reduce costs for the bank.

Sara Ahmad, chief executive officer at Al Qurtas Islamic Bank, said:

"We are proud to be the first financial institution in Iraq to deploy the new ATM technology and look forward to providing innovative services to our customers."

Habib Hanna, managing director, Middle East, at Diebold Nixdorf said:

"We are thrilled that Al Qurtas Islmaic Bank chose to install DN Series as its first ATMs."

The project services and implementation are being provided by Offtec Iraq. LINK

.KTFA:

Samson: The Governor of the Central Bank of Iraq receives the President of the Union of Arab Banks

15th June, 2022

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhaif, received the President of the Union of Arab Banks, Mr. Wissam Fattouh, at the headquarters of the Central Bank in Baghdad.

The two sides discussed ways to support the Iraqi banking sector, and mechanisms of cooperation in the field of banking services within its Arab regional sphere.

The meeting took place in the presence of the President of the Association of Iraqi Private Banks.

Central Bank of Iraq
Media Office June 15, 2022 LINK

.KTFA:

Samson: Oil prices touch $125 a barrel

14th June, 2022

Global oil prices witnessed, on Tuesday, a rise of more than two dollars per barrel.

Brent crude futures reached $124.95 per barrel on Tuesday afternoon, while US crude reached $123.51.

LINK

.KTFA:

Fieldboss7: Is there any truth to sadrists resigning thier positions in parliament? If so, isn't that a bad thing for us as investors?

Tivon: Al-Sadr, done his job. He got the Criminalizing Normalization Law done. He got the "Emergency Food Security Law" done. He got the Kurdistan Regional Oil & Gas Law signed over to Baghdad done. What more do you want from the man? You should be focusing on Al-Kazemi and his team. He is next up to bat. You all grow attached to the wrong people. Let them exit stage left as their role is no longer needed. Train yourself to focus on pertinent things that help you understand your investment. Al-Sadr is not one of them at this stage. If he went missing never to return for whatever reason would not make one dent in this investment. The FSL was specifically created to prolong the Al-Kazemi government, not Sadr! Look for what happens once the FSL is published in the Gazette. Imo

.KTFA:

Clare: THERE WILL BE NO CC TONIGHT......
FRANK IS VERY SICK FROM THE LAST CHEMO TREATMENT...

PLEASE CONTINUE TO KEEP FRANK & TINK IN YOUR PRAYERS......

THANK YOU & GOD BLESS YOU ALL

.KTFA:

Samson: Al-Halbousi accepts the resignations of the Sadrist bloc’s deputies

12th June, 2022

The Speaker of the Iraqi Parliament, Muhammad al-Halbousi, approved on Sunday the resignation of the Sadrist bloc's deputies, shortly after a directive issued by al-Sadr to his deputies in this regard.
Al-Sadr said in a statement, "This step is considered a sacrifice from me for the sake of the homeland and the people to rid them of the unknown fate, as we sacrificed previously for the liberation of Iraq, its sovereignty, security, unity and stability."

Al-Sadr, who completes the sides of the "Save the Homeland" triangle (the Kurdistan Democratic Party, the Sadrist Bloc, and Sovereignty), had threatened last Thursday to remain in the opposition or to withdraw completely from the political process, unless a "national majority" government was formed, as directed by members of his parliamentary bloc. write their resignations in preparation for submission to the Presidency of Parliament.

.KTFA:

Samson: In the coming days... Parliamentary Energy discusses with Al-Kazemi the payment of Iranian gas dues

12th June, 2022

The Parliamentary Electricity and Energy Committee announced, on Sunday, that it is preparing to meet with Prime Minister Mustafa Al-Kazemi to discuss the reality of electricity and the payment of dues for Iranian gas supplied to Iraq.

Deputy Chairman of the Committee, Dakhl Radi told Shafaq News Agency, "The Parliamentary Electricity and Energy Committee will meet with the Prime Minister in the coming days to discuss the reality of electricity, the problems experienced by the ministry and its need for funds to pay dues for Iranian gas and conduct maintenance of electrical stations."

.KTFA:

Samson: Parliamentary Finance expresses its concern about the "food security" funds: This is what we will do!

11th June, 2022

The Finance Committee of the Iraqi Parliament revealed today, Saturday, that there is a fear about wasting or stealing some of the financial allocations included in the Food Security Law, which was recently enacted by Parliament.

Committee member Sajjad Salem told Shafaq News Agency, "The financial allocations included in the Food Security Law are actual needs that the Iraqi people suffer from, such as the electricity file, the ration card file, the reconstruction file, and the farmers' entitlements."