The Iraq Stock Exchange will close its doors in the middle of next week


Economy News _ Baghdad

 The Iraq Stock Exchange announced that it will close its trading next Monday as a result of the ban and Eid al-Fitr.

The market said in a statement received by “Al-Eqtisad News”, that “based on the Cabinet’s decision and the decisions of the Supreme Health and Safety Committee, due to the existence of a curfew from May 12 to May 22, it will be the last trading session in securities before Eid Al-Fitr and from next Monday in order to end From settlements and clearing between brokerage firms and investors. “

He added, “The first trading session in securities will be after Eid Al-Fitr and the curfew, and as of Sunday, May 23.”

It is noteworthy that the Iraq Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and 103 Iraqi joint stock companies are listed in it, representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism and hotels.


Parliamentary Finance holds Parliament responsible for the delay in launching bonuses and promotions

17:54 – 05/08/20210

The information / Baghdad ..

The Parliamentary Finance Committee revealed, on Saturday, the reason for the delay in launching the bonuses and promotions, and while it indicated that there is a problem in the distribution of expenditures to the ministries by the Ministry of Finance, it confirmed the submission of a government challenge to the budget voted on by Parliament due to the reduction of its value.

A member of the committee, Majed Al-Waeli, said in a statement to the Iraqi News Agency, “The Council of Ministers submitted an appeal to the budget law before the Federal Court, because it believes that there is a problem in the allocations after reducing them,” explaining that “the government submitted a budget of 164 trillion dinars, and the Finance Committee Reduced it to 130 trillion. ”

Al-Waeli added, “This difference in the reduction has affected many allocations, including promotions and employee bonuses, as the government believes,” noting that “the financial committee had the original expense for the year 2020, and we did not want to expand unnecessary expenditures.”

He pointed out that “the government is awaiting appeal from the court in order to decide on all these matters.”

He pointed out that “the Ministries of Electricity and Interior issued official books confirming that there is a problem with salaries, and the Ministry of Finance, in turn, replied that there are 500 billion in which there is authority to transfer and fill the shortfall in compensation for employees’ salaries,” noting that “The Minister of Planning confirmed that the salaries of employees are insured for the end of the year,” But in general, there is a problem in allocating expenditures to ministries by the Ministry of Finance.

He warned, “Parliamentary Finance gave a table of total operational expenditures that contains additional operational expenditures, contains investment and capital expenditures, and has given authority to the Ministry of Finance to redistribute the allocations to each of the ministries according to the chapters in it.” Confusion, which is why bonuses and promotions have not been released yet. Ended / 25 o’clock

المالية النيابية تحمل البرلمان مسؤولية تأخر إطلاق العلاوات والترفيعات

The Government Media Cell publishes economic achievements that have been achieved within a year of the life of the Al-Kazemi government

2021/05/08 15:09

  • The number of readings 149
  • Section : Iraq

Baghdad / Al-Masalla: The Government Media Cell announced, on Saturday May 8, 2021, that the Ministry of Planning had achieved a number of important steps and took more measures related to the development and economic reality in the country within one year of the life of the current government, starting from May 2020 until the end of the month April 2021.

A statement of the government media cell reported to “Al-Masalla” said that all the ongoing and stalled projects were counted within the investment program and the regional development program, and to find the remedies and procedures required to return these projects to work, cancel or invest them, according to the nature of each of these projects, indicating that The Ministry was able to count the amounts of financial obligations for the completion of investment projects for all parties after excluding the cumulative expenses from them. 

The statement added that the Diwani Order 45 Committee headed by the Minister of Planning, Khaled Battal Al-Najm, managed to restore 30 hospitals out of 52 that were suspended, and also contributed to the preparation and completion of the national plan to end the displacement file, and enable the displaced to return to their areas in cooperation with the Ministry of Immigration and Displacement. And United Nations organizations.

The statement touched on the file of the Social Fund for Development projects in a number of governorates, and said that the ministry has succeeded in completing 32 projects, and covering 8 new governorates with the Fund’s projects, and the last period has witnessed the formation of the Private Sector Support Council, which will undertake the tasks of supervision, management and policy-making of the private sector. in Iraq. 

He added that the Ministry was able to address the technical and contractual problems of more than 70 different projects throughout Iraq, and prepared a manual for checking and assessing the conformity of vehicles, and it is continuing to complete the job number project for Iraqi state employees, and more than two million five hundred thousand job numbers have been entered so far, and the completion of The reform and recovery plan responding to the complex, health and economic crisis, adding that the ministry continues its preparations for implementing the general population census when health and financial conditions allow for it.

He continued to say that the ministry had succeeded in evaluating the performance of three governorates, namely Muthanna, Diwaniyah, and Najaf, based on Diwani Order 162 of 2020, regarding the evaluation of the performance of the governors and the governorates.

He pointed out that the ministry has completed the preparation of the second national voluntary report for sustainable development, in preparation for Iraq’s participation in the high-level political forum to be held by the United Nations next July, and has prepared a strategy for developing and improving the public sector in Iraq, and preparing the framework document for the development of the performance of senior leaders in Iraq, And preparing a plan for graduate studies at the country level and a plan for admission to the medical group. 

The statement added that the Ministry continued its work related to standardization, quality control, jewelry marking and patent registration, in addition to continuing to follow-up, evaluate and grant accreditation certificates to conformity assessment bodies, as 7 new certificates were granted and another 7 renewed, and the scope of work was expanded to five other bodies by the Iraqi Accreditation Authority. . 

He indicated that the ministry faced challenges that hindered work, including the Corona pandemic, the lack of allocations, the lack of financial liquidity, and the failure to approve the 2020 budget.

According to the statement, the Ministry of Planning called for giving greater flexibility to rotate employees between state institutions as needed, and granting the competent minister broader powers in conducting financial transfers between the chapters of the operational budget and increasing allocations to fulfill financial obligations.


Iraq … The stock exchange stopped trading in Baghdad and Kurdistan

The opening of Tahrir and a bridge connecting the two sides of Baghdad after a year of closure following the protests

ARAB WORLDGMT 10:08 08.05.2021(Updated GMT 10:09 08.05.2021) Copy the link 0  0  0Follow us on 

Today, Saturday, the main stock exchange in the Al-Kifah and Al-Harithiyah markets in the Iraqi capital, Baghdad, stopped trading.

The “Yaqeen” news agency said that the dollar exchange rate stabilized with the main stock exchange in the Al-Kifah and Al-Harithi markets halting trading as a result of the comprehensive ban that was applied during the last period of Friday and Saturday.

In the same context, sources reported that the selling and buying prices have stabilized in the exchange shops in the local markets, some of which have opened their doors in Baghdad, where the selling price reached 149,000 Iraqi dinars, while the purchase prices reached 148,000 dinars per 100 US dollars.

She indicated that the stock exchange in Erbil, the capital of the Kurdistan region, did not witness any trading today either because of an official holiday there.

Last Tuesday, the Iraqi government announced the imposition of a comprehensive curfew throughout the country, starting from May 12, to limit the spread of the “Covid-19” epidemic, as Eid al-Fitr approaches, in the middle of this month, which witnesses large gatherings.

A statement by the Presidency of the Iraqi Council of Ministersstated that, based on the recommendation of the Supreme Committee for Health and National Safety, it was decided to impose a comprehensive curfew for a period of 10 days from 12 May to 22 of the same month, to limit the spread of the Corona pandemic, at a time when the Iraqi authorities registered An increase in the number of daily casualties recently.

The decision includes “closing malls, restaurants, cafeterias, cafes, cinemas, parks, event halls, weddings, swimming pools, sports halls, etc., as well as preventing human gatherings in all their forms.”

Iraq is witnessing a partial curfew for a period of 4 days a week, and it is comprehensive on Thursdays, Fridays and Saturdays throughout the country, to confront the epidemic outbreak.–%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D8%AA%D9%88%D9%82%D9%81-%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%B9%D9%86-%D8%A7%D9%84%D8%AA%D8%AF%D8%A7%D9%88%D9%84-%D9%81%D9%8A-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%88%D9%83%D8%B1%D8%AF%D8%B3%D8%AA%D8%A7%D9%86–/

The International Islamic Bank launches a new service

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Logo of the International Islamic BankBanks

Economy News – Baghdad

The International Islamic Bank has launched a new service, which is the opening of a bank account via the Internet. 

The bank said in a press release, seen by “Al-Eqtisad News”, that “The International Islamic Bank has launched the service of opening a bank accountONLINE through the bank’s website, in implementation of the principle of financial inclusion and to provide excellent services to customers that achieve speed, accuracy and safety, and to deliver this service to the farthest point.” .


The International Islamic Bank launches a new service

Logo of the International Islamic BankBanks

Economy News – Baghdad

The International Islamic Bank has launched a new service, which is the opening of a bank account via the Internet. 

The bank said in a press release, seen by “Al-Eqtisad News”, that “The International Islamic Bank has launched the service of opening a bank accountONLINE through the bank’s website, in implementation of the principle of financial inclusion and to provide excellent services to customers that achieve speed, accuracy and safety, and to deliver this service to the farthest point.” .

A statement from the International Coalition on targeting Ain Al-Assad: No casualties

a wish| 10:04 – 05/08/2021


BAGHDAD – Mawazine News
, the spokesman for the International Coalition, Wayne Maruto, commented, on Saturday, that the Ain Al-Assad base in Anbar Province was targeted by a drone.
“The Ain Al-Asad air base was attacked this morning by an unmanned aerial reconnaissance system, and no injuries were reported,” Maruto said in a tweet on Twitter, noting that the hangar was destroyed, and the attack is under investigation.
He added, “Every attack against the government of Iraq, the Kurdistan Regional Government and the coalition undermines the authority of Iraqi institutions, the rule of law, and Iraqi national sovereignty.” Ended 29 / A43