WELCOME TO MILLIONDAY NEWSTIME AT DINARUPDATES.COM
Millionday: WELCOME TO NEWSTIME EVERYONE —
Millionday: NOTE — THIS MEANS MARCH — NEXT MONTH
Millionday: Announced by the Commission on the economy and investment representative, for holding a large economic conference the beginning of the month of March next steps to activate the implementation of the project port of Faw.
Said committee member Abdul-Salam al-Maliki told all of Iraq [where] that “a large economic conference to be held early next month in Basra, attended by major international companies and owners of capital to activate the subject of the port of Faw.”
Millionday: NOTE — THE ACTIVATION CONFERENCE FOR THE PORT OF FAW IS IN A WEEK OR SO — THIS IS ONE OF THE MOST MAJOR PORTS ON THE GLOBE AND IS FOR TRADE
Millionday: He noted that “the project is supposed to submit it to specialized companies, and the a public offering of Basra province to participate in the project, the contribution of the ordinary citizen companies by 51%, and the remaining 49% developed to work for companies, but the provincial council is no longer up to now an integrated project in this regard.
” Maliki reiterated” the need to view the project as an investment opportunity, especially with the provide serious measures to build and all eyes are on him as a global economic area and an independent administration, and thus will bring economic benefit of Iraq. ”
Millionday: NOTE — THIS IS THE PUMP START OF THE MARKET ECONOMY OBVIOUSLY AS IT WILL BE FOR THE ACTIVATION OF WATER WAYS IMPORTS /EXPORTS ETC
Millionday: READ CAREEFULLY>>>he believed that” the project needs special laws regulating the work, and take advantage of the international effort and is owned by international companies of money and expertise heads, and make the great port of Faw authority independent. ” Maliki pointed out that” the project will be among the 10 largest ports in the world, and Cedar money for the Iraqi people in general.
Millionday: NOTE — KNOW THE JOBS AND EXCITEMENT THIS IS CAUSING — THIS IS HUGE AND A BIG TASTE OF NORMALCY THAT HAS NOT BEEN SEEN FOR MANY YEARS
Millionday: The transport Minister Baqer al-Zubaidi, presided over Tuesday February 23, an expanded meeting special to complete the preparation of a national conference requirements about the possibility of implementing a project port of Faw and clarifying visions to prepare a working paper doable solutions in more detail.
the ministry said in a statement received [where] a copy of “the meeting was attended by chairman of the Committee on economy and investment parliamentary Jawad al-Bolani and representatives from the ministries of oil, planning and investment Authority and a number of specialists in the project. ”
Millionday: NOTE — THE PREPARATIONS ARE COMPLETE AND THE INTERNATIONAL INVESTORS WILL BE PRESENT —
REMEMBER THE REGULATIONS OF THE QUOTA USING MORE IRAQIS TO WORK THAN ANY OTHER NATIONALITY — THIS ONLY MAKES SENSE WITH THE ECONOMIC CONDITION
Millionday: Note that the project will be held on the land of an area of 54 square kilometers and includes sidewalks containers and cargo variety The sidewalks of petroleum products and materials for the ration cards, in addition to a large industrial park and tourist resort stores refrigerated and Yards parking trucks, trains, which will be considered a landmark for Iraq, the Gulf and supporting the national economy and employment for the people of Basra.
Millionday: SO AS WE SEE — THE BEGINNING OF COURSE IS THE OPENING OF THE PORT OF FAW AND ITS ACCESS AS WE KNEW YEARS AGO SO THIS IS A HUGE — WHOOOPOW
Millionday: THIS IS A MAJOR REPORT — TIME WISE AND OF COURSE SUBJECT WISE
Millionday: Hashemi revealed Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam all affected by exchange-traded stock prices by several factors, notably the decline in global oil prices since 2014 and continued to decline in 2015 and early 2016 and its impact on the size of public spending, especially investment. He said Abdel-Salam told the «morning» that stock prices are also affected by a decline of performance indicators for companies to contribute to 2015 and its reflection on the profits earned and dividends size between shareholders because of the unexplained increases in capital companies, especially
Millionday: NOTE — THEY HAVE OF COURSE SUFFERED WITHOUT THE MARKET BEING GLOBAL BUT — THEY GO ON TO SAY >>>>THEY HAVE UNEXPLAINED INCREASES IN CAPITAL COMPANIES — WHOOPOW
Millionday: y in the banking sector which led to be earnings per share low because of the increased number of issued shares. new products and he pointed out that the lack of add services or new product specifications acceptable Iraqi consumers under the import policy is disciplined by the private telecom sector is also influencing stock prices, along with unrest in the Middle East and terrorism.
Millionday: NOTE — UNDERSTAND THE ANNOUNCEMENT YOU ARE LOOKING AT >>>>>THIS IS THE REMOVAL OF THE REGULATIONS DUE TO SANCTIONS
Millionday: AND proposals stimulate investment shares, said Abdul Salam must apply to attract investment in the economy, which include follow-up and monitor the performance of joint-stock companies in accordance with international standards by the regulatory authorities of all, and follow-up achieved percentage of its declared plans factors, and attention to the annual disclosure and quarterly annual and a half.
Millionday: WHOOOPOW — INTERNATIONAL COMPLIANCE FOR ISX
Millionday: he stressed the importance of amending the penal laws to include punishing departments Shortened violation of the laws and regulations and not to punish companies because the fines imposed on the company’s cut of the profits earned and distributed size and thus its share price in the financial market decline. attracting investment and the importance of developing ways to attract investment through the issuance of instructions and
Millionday: NOTE — THEY ARE ISSUING THE NEW INSTRUCTIONS THAT COMPLY
Millionday: amending laws related to the year the Offering in the IPO at converting limited companies to contribute or when the expansion and development of the size of contribution-based companies.
Millionday: >>>>>>> He pointed to the need to increase media attention actively Iraq Stock Exchange and familiarize citizens with the type and scope of this investment and its importance for the Iraqi economy, which is in the service of society after achieving the goals of growth by employing the unemployed and improve product type and monitor the performance of companies and increasing the proportion of the contribution of the private sector in the gross domestic product (GDP).
Millionday: NOTE — OBVIOUSLY THE CITIZENS NEED TO KNOW HOW THEY CAN BENEFIT AND STRESS OVER A STOCK MARKET LOL
Millionday: NOTE — READ EVERY WORD — REMEMBER THAT THIS IS ABOUT OPENING IRAQ TO THE MARKET
Millionday: And on the size of the Iraqi media attention and the Arab market indicators Abdul Salam said that the Iraqi and Arab media should give more space to the Iraqi Stock Exchange, to the size of the economy, as well as the fact that Iraq is one of the rich countries.
Millionday: He stressed that the Iraq Stock Exchange publishes data and prices of shares traded Online through the website of the market as well as through the Arab Agency DirectFN which publishes indices and prices of Arab stocks, also discusses some of the Iraqi stations broadcast bar prices a day Real Time Data.
Millionday: NOTE — THIS MATTERS>>>>>Media activity and the reasons that blocks websites economic Arab attention bulletin daily trading of the market at a time when publishes the activities of countries do not have large private companies and economy as an economy of Iraq said Abdul Salam shares Iraqi companies not registered in any international market through GDRs so not being published prices on the international sites
Millionday: NOTE — OBVIOUSLY THAT MEANS THEY HAVE NOT BEEN “HOOKED” UP
Millionday: NOTE — A LITTLE LONG BUT LET’S LOOK AT IT
Millionday: foreign investors and on the assessment of Iraqi and foreign investors, the size of the market said Executive Director of the number of investors did not rise in the Iraq Stock Exchange after 2014 for reasons related to the lower volume of gross domestic product and the decline of economic indicators in addition to the economic downturn due to lower spending, both public and private.
in another question for »Sabah» Do you contribute to attracting investors through dividends companies managed a year, or is it that IPOs have had a bigger role in attracting investors?
Millionday: said Abdul Salam IPO operations of existing companies sometimes have a negative impact on the shares traded price because its underwriting are in nominal terms on the one hand and it increases the size of the supply of stocks, especially if they are not subscribed by the economic feasibility study and directed towards increasing and improving the productive capacities and achieving economic value added.
Millionday: NOTE — HE IS SAYING THAT THE PRICING AND LOW AMOUNT OF COMPANIES RIGHT NOW MAY BE MISUNDERSTOOD — SO IMO THE IPOS ARE VERY IMPORTANT INJ ATTRACTING INVESTORS
Millionday: he believed that the earnings per share are real targeted investments to attract some shares specified without the other and makes effective demand positive some attract new investments and to add energies were not exist.
He concluded by saying that the Iraq Stock Exchange consists of (98) listed company with a total capitalization of more than 8 trillion shares represented including the banking sector 5 trillion shares and thus the most sector be traded and 65 percent of the total shares traded per day. it regulates the Iraq stock Exchange five trading sessions a week from Sunday to Thursday.
Millionday: SO VERY IMPORTANT TO SEE THAT THE MODIFICATION IS BEING DONE ON THE SANCTION PLACED REGULATIONS — WHOOPOW
JD1: wow
Millionday: JD — I AGREE
daytrader: This shows how close we really are.
Millionday: THIS HAS NOT BEEN DONE AT ANYTIME BEFORE — VERY INTERESTING
diane1: MANY THINGS ARE ALL COMING TOGETHER ALL AT ONCE/ DOMINIO EFFECT. WE ARE SO CLOSE WE WILL WAKE UP AND BAMM BAMM YIPPEEE AND A WHOOPOW
Millionday: SMILE
Millionday: THE BEGINNING OF THIS REPORT IS ALL ABOUT HOW MUCH THEY NEED TAXATION — NOW THIS GOES ON TO TALK ABOUT WHERE WE ARE WITH TARIFF
Millionday: So many things to be supportive of expanding the tax base, which will reflect the essence of government power and seriousness in the market monitor and control the tracks, especially with regard to markets, trades property, financial transfers, and Logs that are related to labor and capital and commercial speculation and others.
But the gravity of the suffering of the Iraqi reality of the problems, talk to activate the tariff mechanisms, and be subject to the tax characterization of a comprehensive national, also
Millionday: NOTE — OBVIOUSLY TAXATION MAY NOT BE VERY POPULAR BUT IT IS NECESSARY TO AFFORD
Millionday: will be more a cause for review, and to regulate and control to put it in the context of the activation and expansion of the tax base, and figured out that the Cabinet decision introduction points in the approved border crossing points holds the audit and ensure that tariffs are met, and the development of standardization points of quality control will be a springboard to revitalize the legal proceedings, which necessarily requires real from the
Millionday: House of Representatives in support, and to consider the subject matter sovereign, but has no right to any party or political bloc to act otherwise, if the need for a definition of the importance of the container tax as an area of national, calls for a review of its mechanisms and modalities for its implementation and monitoring at the level of the existing laws,
Millionday: NOTE — WITH THE OPENING OF PORT OF FAW ETC — THEY HAVE DECIDED TO IMPOSE A CONTAINER TAX —
Millionday: or within the orientations included creating legal frameworks fit and transformations experienced by the Iraqi economic, and the size of the incident changes in its rings import and commercial, which requires the presence of the administrative, technical and computational expertise foster for its proper application, cut the road to suspicions of corruption that have come to represent a systemic threat to the reality of economic.
Millionday: SO AS WE SEE WITH THE PATTERN OF THIS PART OF NEWS —-
IMPORTS AND THE MARKET ARE BEING LAUNCHED OR THIS ALL WOULD NOT BE PART OF ANY NEWS OR CHANGE
Baxter1243: This says talk to activate the tariff mechanism… does that mean the tariffs are not being collected now?
Millionday: THE MECHANISM IS A NEW PORTION THAT WILL BE A STEP/PROCESS TO TAX ALL CONTAINERS THAT WILL ARRIVE AS IMPORTED GOODS TO THE NATION
thomas1: when do you article 8 will put on table?
Millionday: ARTICLE 8 IS EXPECTED TO BE APPLIED MARCH OR SHOULD I SAY REACHED PER ORDERS —-
maine: how do you collect without a international currency?
Millionday: GOOD QUESTION — WITH BIG BASKETS
Millionday: SMILE
Millionday: OPENING THE MARKET INCLUDES A COUNTRY`S CURRENCY —
thomas1: big baskets?
maine: for the worthless dinar!
Millionday: TO CARRY ALL THE CURRENCY IT WOULD TAKE LOL
Millionday: Pages for the reform steps in the government Abadi, prepared by an ad hoc committee followed these steps since its inception derived from official sources, and studies and research centers, they are not an official document, although they are based on sources in most cases.
Such an approach in the presentation of the challenges and achievements of more than a year of the reign of Iraq’s primary purpose is to get closer to the objective approach in the assessment, away from the harassment and hostility, or Altazoiq and exaggeration.
Millionday: NOTE — IMO TIME TO GET OFF THE POT AND HIT REALITY
Millionday: NOTE — THIS REPORT IS VERY INFORMATIVE TO SAY THE LEAST
willie60 Millionday: That statement deserves a Whoooopow
Millionday: WILLIE — WHOOOPOW
Millionday: Launch granted industrial and agricultural loan and housing mechanisms based on the first package of reforms presented by Mr. Prime Minister Dr. Haider al-Abadi, at the center of economic reforms to revitalize the economy in the country and run the unemployed,
it has acknowledged the crisis cell at its sixth meeting on 08.24.2015 under the chairmanship of Prime Minister and lending mechanism in the industrial and agricultural area and housing, which will be awarded in accordance with the instructions issued by the Central Bank and other banks.
Millionday: NOTE — THE REFORMS THAT MOVED TO LOANS BEING LAUNCHED HAVE NOW BEEN MOVED TO TRANSPARENCY COMPLIANCE — TO BE DONE IT APPEARS –
Millionday: As shown: industrial lending mechanism , agricultural and housing (CBI loan program for the year 2015) I. General Conditions
1. It is granted a loan from the central bank for each specialist Bank (agricultural, industrial, real estate, housing fund) for five years, including a grace period for a period of 6 months, extendable to five years with the approval of the Central Bank at the request of the bank borrower or the Fund.
Millionday: NOTE — THAT HAS BEEN 6 MONTHS TODAY
Millionday: NOTE — THEY HAVE HAD ENOUGH TIME — NOW LETS ROCK AND ROLL PLEASE
Millionday: READ EVERY WORD>>> 2. Amounts distributed to banks and housing fund according to the following percentages: –
● 33 percent of Industrial Bank.
● 33 percent of the Agricultural Bank.
● 17 percent of the Land Bank.
● 17 percent of the housing fund.
3 for sale. Banks ask the CBI to convert the amounts allocated to them in the form of payments as needed.
4 for sale. It opens a checking account for each bank the CBI special loan under this name (the central bank a loan account) under a contract with the Central Bank and Ministry of Finance to ensure the banks mentioned and the Fund.
Millionday: NOTE — REMEMBER THE FUND FOR PROJECTS ETC THEY WERE ABLE TO CREATE — THIS WOULD BE IN CONTROL OF CBI
Millionday: 5. All borrowers to provide an insurance policy for a comprehensive project window until the payment of the last installment of the loan.
6. Classification of projects covered by this loan specialized banks to the following: –
a. Small projects and lend a higher limit (500) five hundred million dinars.
B. Medium enterprises and higher lending limit (3) three billion dinars.
C. Large agricultural and industrial projects and to lend in excess of three (3) billion dinars, provided they do not exceed the upper limit of twenty (20) billion dinars.
D. May be granted large loans for agricultural and industrial projects are economically feasible to increase the upper limit for twenty (20) billion dinars after obtaining approvals from the Economic Committee of the Council of Ministers or the proposed lender.
Millionday: NOTE — INVESTORS MUST HAVE INSURANCE FOR THE PROJECTS UNTIL IT IS PAID BACK — MAKES SENSE TO ME —
Millionday: NOTE — OBVIOUSLY THIS IS FOR THE BIGGER PICTURE — PROVINCES
Millionday: V
Millionday: 7. These loans are distributed among the provinces according to population ratios and rates of poverty, and as needed.
8. What is provided above loan contract between the specialist and the Housing Fund of banks with the central bank and to guarantee the Ministry of Finance.
Second, lending mechanisms 1. Allocates the appropriate bank amounts of borrowed money to small and medium enterprises and large depending on the needs of each province and in coordination with the General Directorate for Industrial Development in the Ministry of Industry for loans Industrial and Department of Planning and Follow-up in the Ministry of Agriculture for agricultural.
Millionday: NOTE — OBVIOUSLY THIS IS TRANSPARENCY
Millionday: 5. A / be the length of the loan depending on what is included in the economic submitted feasibility by the borrower that does not exceed the term of the loan (5) years for industrial and agricultural loans and can increase the life of the loan by the lender to reach the duration to 10 years with the approval of the Central Bank.
B / be for mortgage loans to citizens according to the regulations and directives adopted by the Land Bank and the Housing Fund that it does not exceed the term of the loan (5) years and can increase the length of the loan term up to 10 years with the approval of the Central Bank.
Millionday: WHOOPOW
Millionday: THIS WILL BE RELEASED IN THE MORNING
Millionday: THIS IS AS LONG AS MY ARM
Millionday: SO WE GET THE PICTURE AND THIS IS GREAT
Millionday: THE LOANS TRANSPARENCY AND TOTAL COMPLIANCE ANNOUNCEMENT FOR BUSINESS — CITIZENS ETC IS OF COURSE GREAT GREAT NEWS
Millionday: THIS IS HUGE HUGE
Millionday: Country director of the UN Development Programme / Office of the Iraq Adam Abdel Mawla said that “the United Nations to help Iraq with all the ways to overcome the financial crisis.”
He said the Lord during a joint news conference with the governor of Karbala, Akil Turaihi following the signing of Mhkur between the United Nations and local government spokesman cooperation program [declaration of Karbala] “We are aware of the financial crisis experienced by Iraq, and we are working to overcome this crisis in several ways, including helping Iraq to multiple sources of income and work to not rely on a single commodity, namely oil. ”
Millionday: NOTE — READ EVERY WORD –A HUGE CHANGE COMING
Millionday: He added that” this program, which we had with the government of Karbala, a continuous and long-term and we as a program are continuing in cooperation with the competent authorities,
as well as on the other hand include attracting donors for Iraq and fund development activities related to the governorates, including Karbala, and we have some support from donors and we hope to get more support and to give tangible results will support the success of this program and therefore we make sure to get the required support him. ”
Millionday: NOTE — AT THE SAME TIME OF COURSE — ABADI IS SAYING THAT THE LAST OF THE TERRORISM PROBLEMS IS ON THE WAY WITH THE MOVES BEING TAKEN THIS WEEK — LETS PRAY THAT IS TRUE FOR IRAQ
Millionday: UN official, said:” this agreement will be open to a deal and we will work during the next five years and will work with the provinces directly in order to provide services to the categories of beneficiaries and this will be the backbone of Iraq. ”
for his part, Karbala governor Akil Turaihi,” the Karbala statement came as a result of the fruit of mutual Almnafshat between local government and the program,
“noting that” the declaration includes a ten-point basis and most importantly the establishment of a regional office in central Iraq and Forever operate growth and development of the public sector and local governments and government departments as well as Turkazh on a number of segments of society, including the youth, women and the environment as well as the security sector. ”
Millionday: NOTE — LOOK AT THAT >>>> UN AGREEMENT FOR A FIVE YEAR PERIOD WITH A REGIONAL OFFICE LOCATION IN CENTRAL IRAQ
Millionday: He added that” the declaration also included, among other things stimulate the private sector by strengthening and head with the side of the public sector, including support for diversity social, social solidarity and the rule of law and develop a relationship based on the principle of decentralization and includes the development of capacities and higher efficiencies in Mufafezh. ”
Millionday: NOTE — A DECLARATION IS OF COURSE TRANSLATED AS A PAPER
Millionday: He stressed Turaihi, that” the transfer of tasks and Almsoulyat to the provinces would be in accordance with the principle of decentralization and we have cooperation between the federal government’s program and a project to provide for the transfer of functions and powers to the provinces of the ministries, ”
He pointed out that “the transfer of these functions and powers are going gradual and in accordance with the timetable, but certainly these things are not without obstacles, as well as to Atakhlu of conflicts of competence between local governments and federal ministries,
but the passage of time will be sealed the principle of decentralization and that the law has become a part of it valid and became the site of application and other parts come in the arena. ”
the document was signed by the local government in Karbala governor Akil Turaihi and the United Nations Development Programme, WFP country Director / Office of the Iraq Adam Abdel Mawla.
Millionday: >>>>>>>>the document was signed by the local government in Karbala governor Akil Turaihi and the United Nations Development Programme, WFP country Director / Office of the Iraq Adam Abdel Mawla.<<<
quicktolegit96: IS SHABS IN COUNTRY IN ANY OF YOUR REPORTS?
Millionday: NOT ON INK
Dr Dave: does this mean art 140 is done regarding decentralization…glad your back
Millionday: ARTICLE 140 HAS BEEN DONE AND AGREED ON — THE REASON I SAY THAT IS THEY HAVE ALREADY MOVED TO AGREEMENTS ON DISTRIBUTION OF THE AMOUNTS ETC
Millionday: BUDGET IS WRITTEN ETC
jackflash101st: could the rebuilding of Iraq as we see now be part of the much talked about Marshall Plan as in Germany after WW2?
Millionday: THE ECONOMIC IMPACT WOULD PUT YOU IN MIND IF IT
Millionday: THE THING IS THIS — THIS IS LIKE NO OTHER EVENT EVER
Millionday: THE PLAN CAN NOT BE COMPARED TO ANY OTHER TIME IN HISTORY EVEN THOUGH SOME THINGS IN HISTORY HELP IN OUR UNDERSTANDING OF WHAT IS TAKING PLACE OF COURSE
jackflash101st: Thats for sure..and thank you MD
Millionday: THE ECONOMIC IMPACT HAS BEEN TALKED ABOUT BY MANY INCLUDING IRAQ — SO THE HUMANITARIAN EFFORT IS A GIVEN AND THE CHANGE IN MILITARY CAPACITY GAINED BY IRAQ IS HUGE –
SO MANY THINGS WE HAVE SEEN OCCUR THAT OUR PAST IMPRESSIVE
Millionday: TO BE ABLE TO EXPLAIN A PLAN THAT SO MANY TOOK PART IN IS IMPOSSIBLE BUT TO BE NOT IN AWE OF IT IS AS WELL
thomas1: how much longer do you think before the rv ??
Millionday: TOO LONG IS A MINUTE
Millionday: HAVE A GREAT NIGHT
Millionday: THANK YOU FOR THE MANY PRAYERS AND KIND WORDS IN THE LAST COUPLE WEEKS
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