Al Taif Money Transfer signs up with Covalent

 

 

Al Taif Money Transfer Co (TMT), the largest money transfer services provider in Iraq has signed up Covalent, a joint venture between TPS and Access Group, for a digital payments platform.

Farhan Al Musawi, CEO of Al Taif Group and Al Taif Money Transfer said:

We are pleased to engage with a strategic partnership with UnionPay, which is one of the largest and most modern companies in the bank card industry in China and the world and TPS & Covalent to deliver effective cards and payments processing services in Iraq.

“As we all know, Iraqi markets lacks sophisticated cards and payments services, and Al Taif can play a major role in this field. We have promising and ambitious plans in the next few years as we look ahead to lead the cards’ issuing and acquiring sector in Iraq and facilitate electronic payments services locally and globally.”

(Source: Finextra)

http://www.iraq-businessnews.com/2016/06/04/al-taif-money-transfer-signs-up-with-covalent/

Consultant Abadi: internal government debt rose to “37” trillion dinars

 

economy

Since 06/04/2016 17:39 pm (Baghdad time)

Special – balances News

Economic Advisor to Prime Minister revealed the appearance of Mohammed Saleh, Saturday, for the internal financial debt rising to the government of 5 to 37 trillion dinars.

Saleh said L / balance News / “The internal government debt she was before the financial crisis 5 trillion dinars, but it rose to 37 trillion dinars are being repaid by thinking about selling securities.”

Saleh added that “the financial aid exported by the Ministry of Finance to the financial market and to meet the salaries of state employees,” adding that “the IMF loan will replace large portions of those problems.”

The economic adviser Abadi appearance of Mohammed Saleh revealed, earlier, for the installment of the IMF loan Who would give Iraq to 17 premium and on condition that Iraqi financial institutions are subject to Tdeghiq.anthy 29/33 h

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Abadi Office: The Prime Minister has repeatedly stressed the need to preserve the lives of civilians

 

History of edits:: 06.04.2016 16:4410 visits readable
{Baghdad: Euphrates News} a spokesman for the Information Office of Prime Minister Saad al-Hadithi said the need to save the lives of civilians, and that the liberation of man is more important than liberating the land ..itba ..

The Committee of Experts: We will give our report to the Federal Court on the parliament session next Monday

 

Political

Since 06/04/2016 15:35 pm (Baghdad time)

Special – balances News

A source in the Committee of Experts who have been elected Federal Court, Saturday, that the Commission will submit its report on the technical analysis on the legality of the meeting to the Federal Court next Monday.

The source told / balances News / The “Committee for the expert committee of professors from the Faculty of Information at Baghdad University to consider technical analysis chose, and if there was fraud after the votes of the deputies present at the vote on the dismissal of Jubouri session to vote on replacing the ministers to make sure a quorum meeting.”

The source, who preferred anonymity, that “the Commission will submit its report to the Federal Court next Monday and the full breakdown of the full analysis requested by the Federal Court”, refusing to disclose the content of the report. “

And that “the Commission is not authorized to disclose the content of the report bit by the Federal Court judgment.”

The Federal Court, announced earlier, it commissioned an expert committee to submit its report to the Federal Court on the presence of a quorum or not to dismiss al-Jubouri session and the legitimacy of the meeting through the number of registered voters and Altsoar.anthy 29/33 h

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Haider: Financial trying to sell government bonds for contractors to have the benefits exceed 3 trillion dinars (Details)

 

04-06-2016 02:23 PM

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Orbit News –

He revealed the parliamentary finance committee member Masood Haider on Saturday, the presence of the Ministry of Finance to try to sell government bonds to Iraqi contractors who have dues to the government, noting that the value of the bonds exceed 3 trillion dinars, while ruled out selling foreign bonds.

Haider said in a press statement, said that ‘According to the information available from the Ministry of Finance, it is trying to sell domestic government bonds for contractors who have dues Iraqi government from the years 2013 to 2016’, noting that ‘ the security, economic and political situation, is assistant to promote the sale’.

He said Haider, that ‘contractors can sell these bonds worth up to 3 trillion and 700 billion dinars, it ‘s also going to move internal Iraqi economy. “

He said Haider, that ‘the Ministry of Finance tried in 2015 to promote the sale of foreign bonds and has done workshops, but the banks were not ready to buy, and were worth at the time did not exceed billion dollars and an interest rate of 11%’, adding that ‘ to achieve this it needs for longer period of time’ .

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Washington welcomes the invitation Sistani to protect civilians in Fallujah and stresses: confident of a professional Iraqi forces

 

 

Iraqi soldiers during the shelling with heavy artillery sites organize Daash north of Fallujah

 

Author: AB, HAA
Editor: AB, HH
06/04/2016 14:30
Number of Views: 227

 

Long-Presse / Baghdad

The United States on Saturday welcomed the invitation supreme religious authority Ali al-Sistani joint forces to protect civilians and their property during the liberation of Fallujah operations, and promised that the Prime Minister Haider al-Abadi manages the attack as “extremely cautious” taking into account the open safe outlets for Medenine, expressed confidence to “professional Iraqi forces and applied for orders to protect civilians.”

A spokesman for the US State Department Mark Toner in a press briefing I followed (range Press), “The United States welcomes the invitation of the religious authority in Iraq, Ayatollah Ali Sistani, the armed forces to protect civilians and their property while editing the Fallujah operations,” noting that “Washington had expressed concern for the Iraqi government about the civilians in Fallujah. “

He Tonnerre, “The Iraqi government has implemented its commitments towards Thread to exert all possible effort to avoid civilian casualties, with the face of Prime Minister Haider al-Abadi clear instructions of the Armed Forces of the interest in this subject,” adding that “Washington supports this position.”

The Tonnerre, that “al-Abadi to take over the management of the attack very carefully, taking into account the safe open ports to enable the civilians to cross,” expressing “his confidence in the application of Iraqi forces to those orders and work professionally in regards to the protection of civilians.”

The religious authority recommended, on Friday (June 3, 2016), the joint forces under the auspices of the sanctity of the people in the areas of fighting, and deprived mutilation and exposure to funds Daash fighters in the houses, with renewed commending the fighters and their pride.

The Council of Anbar province, announced on Saturday, for the formation of committees to investigate the “violations” committed during the Liberation spend the vine and the area around the city of Fallujah battles, as he emphasized that the elements of the popular crowd, “accused of committing.”

The alliance of the Iraqi forces was charged on Saturday (June 4, 2016), “armed groups fugitive committing abuses and crimes of killing and kidnapping against civilians fleeing from the city of Fallujah,” and promised “a flagrant violation of international laws and norms and basic human rights”, as warned of “overlooked these groups, as happened in Salahuddin, Diyala, north of Babylon, and that will impact negatively on all the provinces “, carrying Prime Minister Haider al-Abadi responsibility” to maintain a national battle and the lives of innocent civilians. “

The alliance of the Iraqi forces, warned on Saturday (28 May 2016), of “engaging” hand is the Iraqi army and security forces and the crowd clan in the liberation of Fallujah, he promised that “it will suck the Iraqi government’s efforts to combat terrorism and prevent these battles to the killing and siege innocent civilians “, and also confirmed receiving information that” the bombing of mosques and violations of the homes and property of citizens “in the vine spend, Prime Minister Haider al-Abadi called for a” spare civilians from the scourge of war and respond forcefully and decisively practices provocative sectarian. “

The Prime Minister Haider al-Abadi, on Monday (23 May 2016), announced the launch of the military to liberate the city of Fallujah operations (62 km) west of Baghdad, as he emphasized that the organization (Daash) has no choice but to flee from the battle.

He announced the Anbar Provincial Council, in (22 May 2016), the joint security forces fired designation (breaking terrorism) on the battle to liberate Fallujah (62 km west of Baghdad), from the control of the organization (Daash), which revealed that the 600 element of organization everything remain in the inner city.

It is noteworthy that most of the cities of Anbar province was controlled by elements of the organization (Daash) as security forces began clearing battles a wide recovered from which the city of Ramadi after fierce battles with the liberalization of other areas in the vicinity of Fallujah, killing hundreds of elements (Daash).

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In the parliamentary finance by calling for the support of banks and activating the deposit law

History of edits:: 06.04.2016 13:39 • 29 visits readable


{Baghdad} Euphrates News called the parliamentary finance committee member Ahmed Sarhan, the government to support banks and activate the deposit law for the purpose of revitalization of the banking sector and development of the country’s economy.

The MP said Sarhan Ahmed told {Euphrates News} ” The development of the banking sector in Iraq is through the government support for the banks, as well as the Central Bank and funding required amounts to be able to fulfill their duties to the fullest , ” noting that “this depends on the amount found in the reserve the central bank “. 

He pointed out that” the distribution of deposits in the state framework bank deposits law, enabling individuals to deposit their belongings in the banks and treats these holdings leads to a continuous movement between customers and banks. ” 

explained Ahmed said , ” this will generate big banking movement will be development of the economy of this movement and through the deposit law , “noting that” these are the main things that you can state which move the banks and support so that it works properly and lead to the development of the Iraqi economy , as required. ” 

he noted , ” what hinders revitalize the banking sector is the “lack of trust citizen banks the reasons and obstacles linked. ” 

the economic expert on behalf of Jamil Antoine, said on the ninth of May,” the banking system in Iraq put a miserable. ” 

said Antoine’s {Euphrates News}” with the rise in oil prices up to $ 50 per barrel , then the amount of of the budget deficit and opens the way for the Iraqi government to pay the debt and ease the burden on in addition to the economic budget move to create jobs at home , “adding , ” now there is an economic paralysis in the private sector and non – payment of the government ‘s commitments in addition to the banking system in Iraq in a desperate situation and this has exacerbated the problem and held more “.anthy 1

http://alforatnews.com/modules/news/article.php?storyid=118718

Leading the crowd: save dozens of displaced families from Fallujah and treated in accordance with the recommendations of reference

Of History edits :: 4.6.2016 11:49 • 77 visits is readable

{Baghdad} Euphrates News announced that the leader of the Popular Mobilization Forces brigade commander expected crowd {of one faction of the People’s Movement martyr Mehrab} Dagher al-Moussawi, said Saturday rescued dozens of displaced families from the city of Fallujah east of Anbar province .

Moussawi by said in a press statement, by said That was “rescued dozens of displaced families from Fallujah, and Ask Question with them in Accordance with the teachings of our religion and reference Recommendations.” 

The supreme religious authority, Renewed yesterday the words of its Representative in the holy city of Karbala, Sheikh Azouz Mahdi Karbalai, is confirmed. the fighters on the need not to Bloodshed Sheta innocent on the battlefield with Daash Terrorist, calling for the protection and care of the Sheta innocent in the liberation of Areas from Terrorists Operations. 

the security forces and the crowd popular, has opened safe corridors to bring families from the city of Fallujah, to coincide with the start of military Operations to Liberate the last 23 of may, it has managed and directed the thru the Evacuation of Hundreds of families Nazhh.anthy

http://alforatnews.com/modules/news/article.php?storyid=118708

Urgent Syrian army enters tenderness stronghold Daash

History of edits:: 06.04.2016 12:54 • 260 visits 

[Where – Follow – up] 

enables the Syrian army, Saturday, from entering the administrative border of the province of Raqqa Daash stronghold in Syria, and for the first time since 2014.

The Syrian Observatory for Human Rights, based in Britain, reported that Syrian – backed Syrian and Russian warplanes forces had made ​​progress in the areas of archaeological and class in the province. 

The town class, controlled Daash since 2014 ,, 50 km east of Raqqa city, the largest city in the province of the same name. 

He The observatory that Syrian troops managed to virtually access to the administrative border of the province of Raqqa, where troops are trying to reach Lake Euphrates and Al Riqqa road – Aleppo, not separated by this Logicians about 40 km. 

According to data from the observatory, the clashes have resulted since the dawn of Thursday and so far killed 26 an element of organization and 9 members of the Syrian army and militants loyal to them. 

it means the Syrian army and access to the path of Raqqa-Aleppo and Lake Euphrates that Daash became trapped in Aleppo. 

the government forces began Thursday an attack on the organization Daash and managed to Friday from progress near tenderness, it became on a 6 km away from the administrative border of the province. 

the government offensive comes after 10 days of the militias “democratic forces of Syria , ” backed by the United States to launch an attack in Raqqa province, where advancing toward the class but also from the north.

http://www.alliraqnews.com/modules/news/article.php?storyid=39647