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Iraq Records A Decline In Financial Trading Shares And Their Value

Time: 06/19/2021 12:55:38 Reading: 1,365 times   {Economic: Al Furat News} The Iraqi Stock Exchange announced, today, Saturday, a significant decrease in the value and shares in the Iraqi market for the past week, referring to the circulation of 15 billion shares with a financial value of more than 14 billion dinars.

And the market stated in a report that “the number of companies whose shares were traded during the past week amounted to 46 joint-stock companies, while the shares of 39 companies did not trade due to the lack of convergence of the prices of purchase orders with sales orders, while 18 companies continue to stop for non-disclosure out of 103 companies listed in the market. “.

The market report added that “the number of traded shares amounted to 15 billion and 280 million 376 thousand shares, a decrease of 75% compared to the previous week, with a financial value of 14 billion and 107 million dinars, a decrease of 77% compared to the previous week, through the implementation of 2726 deals,” noting The ISX60 traded price index closed at 567.76 points, recording an increase of 1.38% over its closing in the previous session.

He pointed out that “the number of shares purchased from non-Iraqi investors last week amounted to 825 million shares, with a financial value of 2.649 billion dinars, through the implementation of 555 deals, while the number of shares sold from non-Iraqi investors amounted to 353 million shares, with a financial value of 1.367 billion dinars, through the implementation of 112 deals.

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

The Pentagon Reveals The Reason For Withdrawing Troops And Weapons From Arab Countries, Including Iraq

Political | 01:24 – 06/19/2021   BAGHDAD – The balance of News   revealed that the US Department of Defense (Pentagon) Saturday, about the reason for the withdrawal of some equipment and weapons from Arab countries , including Iraq.

The transfer of the “East” site for the Pentagon spokeswoman, Jessica McNulty, as saying, ” The equipment withdrawn will be returned to the United States for the maintenance , “noting that” the decision was in coordination with the host countries. ”

the newspaper” the Wall Street Journal “American, had yesterday said Friday that Washington began to reduce military presence in the Middle East . the newspaper reported that the Pentagon had begun, actually, in early June this, the withdrawal of eight anti-missiles from Saudi Arabia, Iraq, Kuwait and Jordan batteries, as well as the defense system of America “THAAD” anti-missile, which has been published Before in Saudi Arabia.

The paper quoted the US for senior officials in the US administration, Biden administration deliberately to reduce the number of US anti-missile systems in the Middle East, in order to reorganize the military presence around the world.

It is noteworthy that the previous US administration, led by Donald Trump, The Patriot system was sent in 2020, in the wake of the air raid it carried out near Baghdad International Airport, during which it assassinated the deputy head of the Popular Mobilization Authority in Iraq, Abu Mahdi Al-Muhandis, and the commander of the Quds Force in the Iranian Revolutionary Guard, General Qassem Soleimani, and Vagahma, on the third of January 2020.

It is noteworthy that the United States is currently working, to withdraw its troops from Afghanistan, in parallel with the reduction or reduction of its military forces in Iraq Oadha.anthy 29

https://www.mawazin.net/Details.aspx?jimare=157540

Al-Kazemi: Launching 10 Major Projects In Baghdad And The Provinces

political| 01:04 – 06/19/2021  Baghdad – Mawazine News, Prime Minister Mustafa Al-Kazemi announced, on Saturday, his government’s readiness to launch more than 10 major projects in Baghdad and the provinces.

Al-Kazemi said during his visit to the Bismayah residential city, according to a statement by his media office, which Mawazine News received a copy of: “I am pleased to visit the city of Bismayah after it was revived during the past year, and I am here to supervise the implementation process of the decisions taken and direct them to expedite it.”

He added, “During the past year, we provided the required amounts for the company executing the project to intensify work in it, after the company’s work had been suspended since 2019 due to the economic crisis, useless laws and improper management.”

He continued, “We have reduced the minimum down payment from 25% to 10% to facilitate the matter for citizens wishing to buy apartments in the Basmaya complex,” pointing to “reducing the annual interest rate from 4% to 2% in support of citizens in light of the current economic challenges.” “.

And he stated, “There was a great deal of reluctance in the project due to a number of wrong decisions, instructions and incorrect management, and we corrected the path with several measures, and indeed the citizen was encouraged to buy all the apartments available in the city.”

Al-Kazemi stressed: “We are currently working on developing the project to reach its goal, which is 100,000 housing units, of which only 35,000 have been completed so far, and we are working to support the Bismayah complex by establishing the required infrastructure, including the construction of a highway between Bismayah and Baghdad, and we have allocated sufficient funds for it. in this year’s budget.

And he added: “We also worked to support several economic projects and small investment opportunities for citizens to activate the wheel of economic movement in the city of Bismayah, and we seriously support other projects until reaching one million housing units throughout Iraq.”

Al-Kazemi continued: “We finally voted to establish the city of Rafael after removing all legal and other obstacles, and it is ready to go.”

The Prime Minister stressed that “work is underway to launch more than 10 similar projects in Baghdad and all other provinces to build new cities and housing complexes,” concluding by saying: “The Iraqi citizen deserves all the efforts being made and will see their results soon.” https://www.mawazin.net/Details.aspx?jimare=157538

Dollar Exchange Rates In Local Markets

Market   Economy News _ Baghdad   The exchange rates of the dollar stabilized, today, Saturday, on the main stock exchange in Baghdad and banking shops.

Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad recorded 148,600 Iraqi dinars for 100 US dollars, the same prices recorded last Thursday.

While the selling prices in banking shops in the local markets amounted to 149,000 Iraqi dinars per hundred dollars, and the purchase prices were 148,000 dinars.

Views 118 Date Added 06/19/2021    https://economy-news.net/content.php?id=25444

Sabah Al-Ugaili Rules Out Holding Future Parliament Sessions For This Reason

Saturday 19 June 2021 11:12 | political   Number of readings: 332

Baghdad / NINA / – A member of the House of Representatives for the Alliance / Sairoon / Sabah Al-Akaili ruled out holding future parliamentary sessions.

Al-Akaili said in a statement to the National Iraqi News Agency / NINA /: “After setting a date for the elections on the tenth of next October, the attendance of the members of the House of Representatives to Parliament has become very weak because they are busy and their blocs preparing for the upcoming elections, and therefore next Tuesday’s session will witness what the past two sessions witnessed of Postponement of the meeting due to lack of a quorum.

He added: “We do not know where the defect is in not holding sessions, is it in the presidency of the Council or in the political blocs and members of the House of Representatives,” noting: “Most members of the House of Representatives from the provinces do not attend the Council’s sessions for many reasons, and the work of parliamentary committees is suspended The members also did not attend the meetings.”

The House of Representatives will hold its regular session next Tuesday, and its agenda includes voting on members of the Federal Court of Cassation, as well as voting on a draft law and other proposals, the first reading of four legislation and reading a new law proposal./End of 9

https://ninanews.com/Website/News/Details?Key=910876

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