Suspension of trading in the stock market for one day

stock market. “Economy News”
  
 Market
Economy News – BaghdadThe Iraqi Stock Exchange (the Stock Exchange) announced, on Monday, the suspension of its activity for a period of one day only.The market administration said in a statement seen by “Economy News”, that “based on the decision of the Council of Ministers to declare an official holiday on Tuesday, due to the presence of a religious occasion, the market will not organize trading sessions for tomorrow.”And she added, “The practice of activity will resume after the official holiday and starting next Wednesday, according to its official timings.”

https://economy-news.net/content.php?id=26436

Al-Halbousi discusses with bin Zayed these files

 2021/09/27 

 1775 

Baghdad / Al-Mawrid News

On Monday, Parliament Speaker Mohammed Al-Halbousi met with the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, Mohammed bin Zayed Al Nahyan, at Al Shati Palace.

A statement from Al-Halbousi’s office said, “The meeting discussed brotherly relations between the two brotherly countries, and ways to develop cooperation and joint coordination, especially in the parliamentary fields.”

He added, “The meeting dealt with the importance of strengthening the role of Arab parliaments in adopting the issues of their peoples and achieving their interests and aspirations for development, progress and prosperity, in addition to their role in consolidating effective Arab solidarity to face the common challenges witnessed in the region.”

https://almawrid.news/contents/view/details?id=38842

Jordanian company wins $40 million construction deal in Iraq

2021/09/27 15:56

  • number of readings 4
  • Section : Iraq

Baghdad / Obelisk: The Jordanian Ministry of Public Works and Housing announced, on Monday, September 27, 2021, that Iraq awarded two construction projects in Baghdad to Jordanian companies, with a total value of more than 40 million dollars.

The Minister of Public Works and Housing, Yahya Al-Kasabi, said that the investment environment in Iraq is ripe for Jordanian companies to work in.

He added that the recent visit of the Jordanian delegation, which included representatives from the housing, construction, contracting and construction industries sector to Iraq, will have a direct impact on the economy of the two countries through development partnership projects in various fields.

He added that it was agreed with Iraqi officials to frame and enhance cooperation between the two sides in various fields in line with the government’s keenness to reverse royal directives to enhance cooperation and partnership with Iraq in various fields.

He explained that Iraqi officials and representatives of the construction and investment sectors reiterated the need to create an investment environment for Jordanian companies, and the availability of opportunities, incentives and facilities.

He pointed out that the Iraqi government is fully prepared to remove any obstacles facing Jordanians and companies working in Iraq.

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The Board of Directors of the Center for Banking Studies in the Central Bank of Iraq holds its second meeting for the year 2021

The Board of Directors of the Center for Banking Studies in the Central Bank of Iraq holds its second meeting for the year 2021



    The Board of Directors of the Center for Banking Studies at the Central Bank held its second meeting for the year 2021. The meeting was chaired by Dr. Ammar Hamad Khalaf, Deputy Governor of the Central Bank, with the participation of all members.    The council discussed topics on its agenda, including:

  1. Report on the activities of the Center for Banking Studies for the first half of 2021  
  2. Nomination of a vice-chairman of the center’s board of directors, in accordance with Article (4/3) of its law 
  3. Authorizing the head of the center’s board of directors to authorize training fees for those with specializations determined by the center 
  4. View a proposed version to amend Law No. 36 of 1999 

The members of the Council praised the results achieved at the level of training courses management and the percentages of their implementation, especially in light of the obstacles that the center faced during this year as a result of the Corona pandemic. Central Bank of Iraq
Information Office
September 27, 2021

https://cbi.iq/news/view/1835

Washington supports the single window system via the Internet in Iraq by about one million dollars

2021/09/27 12:20

  • number of readings 148
  • Section : Iraq

Baghdad / Obelisk: On Monday, September 27, 2021, the US Embassy in Baghdad issued a statement regarding the single window system in Iraq.

The embassy said in a statement received by “The Obelisk” that Ambassador Tueller joined Iraqi officials in launching the single window system over the Internet in Iraq to register companies on the 26th of this September, noting that the United States provided an amount of 975,000 dollars to support the single window system via the Internet. The Internet, which is an e-government tool developed with the United Nations Conference on Trade and Development to allow the possibility of registering businesses entirely online in one simple step.

She added that the online single window system will help attract investment in Iraq by reducing delays in registering businesses, increasing transparency and reducing corruption. Iraq has worked to launch this project since 2017, with the support of the US State Department.

The ambassador indicated, according to the statement, that the launch of the single window system over the Internet in Iraq is an important step towards strengthening trade relations between Iraq and the United States.

Foreign Minister: Iraq has succeeded in holding meetings with countries in the region in order to resolve differences between them

 2021/09/27 

 528 

Baghdad/ Al-Mawrid News
, Foreign Minister Fouad Hussein discussed, today, Monday, several joint files with the Norwegian side, with his counterpart Eni Eriksen Soreide.
A statement by the ministry stated, “Foreign Minister Fuad Hussein met with Norwegian Minister of Foreign Affairs, Ene Eriksen Soreide, on the sidelines of the 76th session of the United Nations General Assembly, and during the meeting, they discussed strengthening and developing bilateral relations between the two countries, and the latest political, security, regional and international developments, Iraq’s efforts to promote peace and stability in the Middle East, the latest of which was the Baghdad Conference on Cooperation and Partnership, which was held at the end of last August.
The foreign minister said, according to the statement, that “Iraq has taken upon itself the study of the circumstances surrounding the region, as Iraq has suffered from these tensions that have been reflected in the Iraqi arena,” expressing “Iraq’s keenness to be a factor and a source of stability in the region and to find solutions to its problems, and Iraq succeeded in holding Meetings between countries in the region to resolve differences and crises among them.
He added, “Preparations and preparations for holding the elections are in full swing and are going well,” stressing that “the early elections this year are the first of their kind in Iraq, and that they will constitute a fateful step in the future of the political process in Iraq.”
The minister thanked his Norwegian counterpart for her country’s support for Iraq in this field, as it is a member of the Security Council, which unanimously adopted its resolution 2576 of 2021, praising Norway’s efforts in its participation in the international coalition to combat terrorism and defeat ISIS, expressing his hope for the continuation of Norway’s support and assistance. . ”
the minister called on ” Norwegian companies “to invest in Iraq and to contribute to the development of infrastructure projects, particularly the areas of energy.”
For her part, the Norwegian Foreign Minister affirmed her country’s readiness to provide support and assistance to Iraq, wishing the success of the upcoming parliamentary elections, expressing her happiness with the success of the Baghdad Conference for Cooperation and Partnership and its outcomes, which will lead to calm and reduce tension, and the recent ministerial meeting chaired by Iraq in New York, appreciating the pioneering role Responsibility and participation in finding solutions

https://almawrid.news/contents/view/details?id=38812

Suspension of trading in the stock market for one day

stock market. “Economy News”Market

Economy News – Baghdad

The Iraqi Stock Exchange (the Stock Exchange) announced, on Monday, the suspension of its activity for a period of one day only.

The market administration said in a statement seen by “Economy News”, that “based on the decision of the Council of Ministers to declare an official holiday on Tuesday, due to the presence of a religious occasion, the market will not organize trading sessions for tomorrow.”

And she added, “The practice of activity will resume after the official holiday and starting next Wednesday, according to its official timings.”

https://economy-news.net/content.php?id=26436

Merger of First Capital Islamic Bank with International Islamic Bank

International Islamic Bank logobanks

Economy News – Baghdad

The International Islamic Bank announced its merger with the First Capital Islamic Bank and raised its capital to 260.8 billion dinars. 

The International Islamic Bank said, on its Facebook page, that “the procedures for increasing the capital of the International Islamic Bank to 260.8 billion dinars have been completed.” 

He added that the merger of the First Capital Islamic Bank with the International Islamic Bank was approved, provided that the latter retains its legal capacity, name and activity.

https://economy-news.net/content.php?id=26428