OIL 101: ENERGY ECONOMICS
OIL 102: PEAK CHEAP OIL
OIL 103: SHALE OIL
OIL 104: ENERGY & THE ECONOMY
CENTRAL BANKING 101: COMING SOON
CENTRAL BANKING 102: COMING SOON
CENTRAL BANKING 103: COMING SOON
CENTRAL BANKING 104: COMING SOON
MONEY 101: MONEY CREATION
MONEY 102: MONEY AS DEBT
MONEY 103: COMING SOON
MONEY 104: COMING SOON

Activity Stream

Filter
Sort By Time Show
Recent Recent Popular Popular Anytime Anytime Last 24 Hours Last 24 Hours Last 7 Days Last 7 Days Last 30 Days Last 30 Days All All Photos Photos Forum Forums Articles Articles
  • harry's Avatar
    Today, 08:40 AM
    Abadi responds to Abdul Mahdi .. I will not retire and I will return to Parliament strongly to face the quota 10/19/2018 Sumer News: As if the statement of the Prime Minister in charge of forming the new Iraqi government, Adel Abdul Mahdi, to give orders to his counterpart to conduct the work Haider Abadi not to approve any decisions or instructions to any of the ministries or else there is punishment for those who violate these instructions, has sparked anger within Abadi . Which was evident in his statement, which came less than two hours after the statement of Abdul Mahdi on Thursday night, 18 October 2018. Speaking in his capacity as chairman of the Al-Nasr coalition, Abbadi said he would not retire from politics and would re-produce the victory coalition as a pan-Arab project . Abadi revealed his future plans, apparently after being sure to remove him from an executive position he might have wished, especially as he realized that the political blocs gave Abdul Mahdi to approve the formation of his cabinet, so that there is no hope of using Abadi . Abadi said that the next option and the basis that will be adopted is the parliamentary prosecution with the victory bloc, in addition to the political body outside the House of Representatives to lead the project of the comprehensive victory, which works to create the third force that express the class that does not find itself ethnic sectarian blocs and also segments of the middle class and cultural and civil, Here sends messages of anger to these blocks, which failed and refused to continue at the head of the government, despite what he sees from the victory in the war on the duel . The head of the caretaker government pointed out that the victory coalition did not demand any ministerial position in the next line, but revealed that it may be offered to the sites in the equation of the next ruling, and that if found that a site serves his project and strengthens his position and the impact of his coalition does not cause them to load projections and contradictions and consequences of what is happening, He will accept it with emphasis on his rejection of what he described as "abhorrent quotas ." http://sumer.news/ar/news/30030/%D8%A7%D9%84%D8%B9%D8%A8%D8%A7%D8%AF%D9%8A-%D9%8A%D8%B1%D8%AF-%D8%B9%D9%84%D9%89-%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%85%D9%87%D8%AF%D9%8A-%D9%84%D9%86-%D8%A3%D8%B9%D8%AA%D8%B2%D9%84-%D9%88%D8%B3%D8%A3%D8%B9%D9%88%D8%AF-%D9%84%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8%A8%D9%82%D9%88%D8%A9-%D9%84%D8%A5%D9%88%D8%A7%D8%AC%D9%87-%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D8%B5%D8%B5%D8%A9
    0 replies | 24 view(s)
  • harry's Avatar
    Today, 08:34 AM
    Iraq Ranks 112th In The World And Fifth In The List Of The Best Democratic Countries 10/19/2018 Al-Abba Channel / BaghdadA Report By The British Economist Unit Showed That Iraq Is Ranked Fifth Among The Best Democratic Arab Countries. The Report Of The Economist Unit Shows The Level Of Democracy In 167 Countries Around The World, And It Ranks It On Several Considerations, Such As The Nature Of The Electoral Process, Civil Liberties, Political Culture, Pluralism And Others. Tunisia Ranks 69th In The World, The First In The Arab World Followed By Morocco 101 In The World, The Second In The Arab World, Then In Lebanon, 104 In The World, The Third In The Arab World, Then In Palestine, 108 In The World, The Fourth In The Arab World, Then Iraq 112 In The World, Kuwait Is 119 Arabs, The Seventh Is Arab, Mauritania Is 121, And The Eighth Is Arab. Norway Ranks First In The World, Iceland, Sweden, New Zealand, Denmark, Ireland, Canada And Australia. The Report Ranks 10 Democracies In Four Categories: 1. Full Democracies 2. Damped Democracies 3. Mixed Systems 4. Dictatorship Systems The Report's Findings Show That 52 Countries Around The World Have Been Classified As Dictatorships, Accounting For 34% Of The World's Population. While Only 4.5% Of The World's Population Lives Under Pure Democratic Systems.http://www.alebaa.tv/news/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82/218584/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D8%B1%D8%AA%D8%A8%D8%A9-112-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-%D9%88%D8%A7%D9%84%D8%AE%D8%A7%D9%85%D8%B3-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A7-%D8%B6%D9%85%D9%86-%D9%82%D8%A7%D8%A6%D9%85%D8%A9-%D8%A7%D9%81%D8%B6%D9%84-%D8%A7%D9%84
    0 replies | 22 view(s)
  • harry's Avatar
    Today, 08:27 AM
    The US Treasury is imposing sanctions on an Iraqi money transfer company 10/19/2018 Secrets of MediaThe US Treasury Department has imposed sanctions on an Iraqi money transfer company accused of providing financial support for the organization. "The company is part of a complex network of institutions including financial services providers, remittances and others in the Middle East," the ministry said in a statement on October 19, 2018. "We are targeting this network in agreement with the Ministry of Defense to eliminate the possibility of money laundering and the transfer of illegal funds," said Assistant Treasury Secretary in charge of counterterrorism Sigal Mandelker. The move comes after a Pentagon decision on October 11 aimed at a financial group that supports Dahesh. The Treasury Department said the steps were part of a broader US effort to target a network of financial services firms that would be able to launch operations in the Middle East. Last September, the Treasury Department took action against providers of financial facilities linked to the Caribbean and the Middle East, and the Ministry took action against a money exchange group in Syria in December 2016. The company, dubbed Dubai Horizons, is based in Iraq and has no branch in the UAE, as the name suggests, and has been classified as a "terrorist" entity, according to a US Treasury Department statement. http://asrarmedia.com/%D8%A7%D9%84%D8%AE%D8%B2%D8%A7%D9%86%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D8%AA%D9%81%D8%B1%D8%B6-%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%B9%D9%84%D9%89-%D8%B4%D8%B1%D9%83/
    0 replies | 18 view(s)
  • harry's Avatar
    Today, 08:05 AM
    good morning to all ds I pray that eveyrone will have a blessed day today and enjoy its . well its yard work time for me today maybe its the last time to mow the yard..
    686 replies | 36167 view(s)
  • Bondlady2's Avatar
    686 replies | 36167 view(s)
  • guardian's Avatar
    3 replies | 172 view(s)
  • Bondlady2's Avatar
    686 replies | 36167 view(s)
  • harry's Avatar
    Yesterday, 08:25 AM
    Including finance .. A new proposal at the table Abdul Mahdi to resolve the crisis of these three ministries 10/18/2018 An informed source revealed on Thursday that there is a new proposal at the table of Prime Minister-designate Adel Abdul-Mahdi to resolve the water and electricity crisis, while the proposal included granting the Ministry of Finance to a university professor ."The political leaks included the receipt of Prime Minister-designate Adel Abdul-Mahdi proposals from political forces based on the Ministry of Finance Minister of Turkmen to regulate the water crisis with Ankara, as well as the Ministry of Electricity to a Kurdish minister working An energy engineer in the Kurdistan region . "The source, who asked not to be named, said that "the proposal also included the nomination of an Iraqi professor of the Baghdadi family, a long working at the University of Cambridge for many years to the Ministry of Finance," noting that "this proposal needs to agree because the political forces consider the Ministry of Finance from the sovereign ministries that You should not go out of the quota .http://www.wataniq.com/news?ID=34789
    0 replies | 72 view(s)
  • harry's Avatar
    Yesterday, 08:11 AM
    The Central Bank is in the process of settling all the assets of its branches in Arbil and Sulaymaniyah 10/18/2018 The Central Bank of Iraq announced on Thursday the settlement of all the assets of its branches in Erbil and Sulaymaniyah, indicating that credit balances arose when the two branches were linked to the Ministry of Finance in the region. The bank said in a statement that it was "in the process of settling a new batch of assets of open banks in the branches of the Central Bank / Erbil and Sulaymaniyah, which arose from their cash deposits, while the settlement of amounts originating in the sukuk. "The bank added that "based on the efforts made by the Central Bank of Iraq and the Kurdistan Regional Government, has been in 2017 and 2018 pay large amounts in dinars and dollars to open banks accounts in the branch of the Central Bank / Erbil to settle its credit balances in the branch. The bank said it was "in the process of distributing new amounts to settle all the funds that were deposited in cash, while later settling the balances that arose over the deposit of the sukuk, although most banks had accepted these instruments contrary to the guidance of the territorial government and branches of the bank / Erbil and Sulaymaniyah. ""Credits arose when the two branches were linked to the Ministry of Finance in the region," the bank said.It is noteworthy that the Central Bank of Iraq had cut its relations with the sub-Erbil and Sulaymaniyah, during the past years because they were linked to the Ministry of Finance of the Kurdistan region as well as the occurrence of some administrative and financial matters that did not live for the Central Bank, and the Central Bank has six branches (Baghdad, Basra, Mosul, Erbil and Sulaymaniyah And the Middle Euphrates). http://burathanews.com/arabic/economic/339577
    0 replies | 72 view(s)
  • harry's Avatar
    Yesterday, 07:59 AM
    The Sunni component will receive six ministries in the government of Adel Abdul Mahdi 10/18/2018 The National Axis Alliance announced that the Sunni component would receive six ministries in the government of Adel Abdul Mahdi, including the Interior Ministry. Ibtisam al-Darb MP from the axis said that the Sunni forces will receive the ministries of health, interior, education and electricity in the new cab, in addition to two ministries have not yet been determined, For his part, denied the leadership of the Axis alliance on Al-Sujari waived his alliance of ministries to the Shiite forces While pointing out that the axis will go to the opposition in the event of not giving him the ministries of finance and defense http://aletejahtv.com/archives/260020
    0 replies | 56 view(s)
  • harry's Avatar
    Yesterday, 07:56 AM
    Abdul-Mahdi refuses to grant the leadership of Barzani Party Hoshyar Zebari ministerial post 10/18/2018 Prime Minister-designate Adel Abdul-Mahdi refused to grant the leadership of Barzani Party Hoshyar Zebari ministerial position in the next government. According to political sources and the newspaper that Abdul Mahdi asked the Kurdish leaders to nominate qualified figures away from the political arena for ministerial positions in the new cab, Noting that the Kurdistan Democratic Party nominated Zebari to the Ministry of Finance. http://aletejahtv.com/archives/260024
    0 replies | 52 view(s)
  • harry's Avatar
    Yesterday, 07:47 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its.
    686 replies | 36167 view(s)
  • harry's Avatar
    10-17-2018, 08:03 AM
    URGENT House of Representatives: Abdul Mahdi in the last step to announce his government 10/17/2018 (Baghdad: Al Furat News) Speaker of the House of Representatives Mohammed Salman al-Tai, said that the Prime Minister in charge of Adel Abdul-Mahdi, in the last step to form his cabinet and announce its announcement. "The time is still not embarrassing in front of Abdul Mahdi, which is the number of his cabinet and the mechanism of distribution of ministries and is now looking to nominate candidates for the receipt of these bags," he said, pointing out that "the House of Representatives will be firm in front of the next government will not give the full opportunity if Did not achieve achievements. " He pointed out that "Abdul Mahdi did not face what his predecessors faced and has the support of the religious authority and political blocs and the street and all the conditions for him to form a comfortable cabinet and even pressures in the backstage and scenes are not the pressure exerted on the former prime ministers so conditions are fully prepared for him to form a government. "The majority of the political blocs have representatives in the House of Representatives and believes that their presence in the government can provide something to its disgruntled audience and the next prime minister to take into account this matter and go to form a government that takes into account the representation of everyone and choose one of the candidates of the blocs and in accordance with his conditions, And the masses of the blocks. " "He is likely to make a balance between the candidates of the blocs and the electronic window, which is free, but from the constitutional point of view it is possible to present an incomplete ministerial cabin and leave another for another time, and the time limit for the commission may end up not agreeing on a ministry or two ministries." "The circumstances surrounding the formation of the government is still acceptable and there are no intersections between the taxpayer and the blocs and some problems may arise, but the general situation is positive for Abdul Mahdi, and if he did not submit his booth to the House of Representatives in the last week of his constitutional period we can say that Henk obstacles and problems may loom large after the formation of the government. " He pointed out that "90% of the current House of Representatives are young and this means that the supervision will be strict and the government to warn of these young people," noting that "the new ministers to prove their efficiency management and performance in the first months, it will protect the government from any future questioning in parliament "He said. He added that "the era of conflicts is over and the atmosphere of understandings and objections to the formation of the government will be serious." He added that "the previous accusations were to impose wills and today there is no such thing and Abdul Mahdi is acceptable to all and will continue these understandings throughout the life of this government to the existence of a political balance between reform and construction in the House of Representatives, which did not happen in the last parliamentary sessions." http://alforatnews.com/modules/news/article.php?storytopic=36&storyid=177742
    0 replies | 82 view(s)
  • harry's Avatar
    10-17-2018, 07:55 AM
    Announcement of ICD601 Auction Results (for the sale of Islamic certificates of deposit) 10/17/2018 Central Bank approved on 15 / 10 / 2018 An auction ICD601 for the sale of certificates of deposit for Islamic futures ( 182 ) days and $ ( 100 ) billion dinars ( a hundred billion dinars) were sold certificates amounting to ( 25 ) billion dinars , and a flat rate and the highest rate of return ( 2% ) , And the number of participants ( 2 ) Bank has won the amounts provided. https://cbi.iq/news/view/898
    0 replies | 76 view(s)
  • harry's Avatar
    10-17-2018, 07:48 AM
    Iraq calls on Lebanon to return funds from the "era of Saddam Hussein" 10/17/2018 Baghdad / News:Foreign Minister Ibrahim al-Jaafari on Wednesday called on the Republic of Lebanon to return the Iraqi funds allocated to it and to deal with them according to al-Aida . Al-Jaafari said during a joint press conference with his Lebanese counterpart Gibran Bassil during his visit to Lebanon, which he currently conducts and followed the course of the 'news', that Iraq has complaints and demands on Iraqi funds spotted in Lebanon, expressing the hope that the Lebanese government to deal with them according to the return . Jaafari added that 'the circumstances experienced by Iraq during the nineties will not cancel his right to claim his money, and that his country will also hesitate to return any legal debt to Lebanese citizens towards Iraq, despite the circumstances surrounding him . ' According to Lebanon's Minister of State for Combating Corruption, Nicola Tueni, "Iraq's debt has been accumulating since Saddam Hussein's regime when Iraq was besieged and the United Nations established the oil-for-food program ."Jaafari's visit to Beirut will continue for three days, during which he will meet Speaker Nabih Berri, Prime Minister Saad Hariri and a number of other leaders and officials, as well as reports of his meeting with Hezbollah Secretary General Hassan Nasrallah . http://www.ikhnews.com/index.php?page=article&id=173545
    0 replies | 54 view(s)
  • harry's Avatar
    10-17-2018, 07:45 AM
    The return of more than 500 million dinars to the state treasury 10/17/2018 Baghdad / News: The Court of Investigation of integrity in the resumption of Karkh, the return of the amount of 549 million dinars to the state treasury on the pretext of processing the Ministry of Electricity devices detect explosives. A statement issued by the Media Center of the Supreme Judicial Council received by the 'news', that the Court of Investigation of Integrity considered a case concerning the processing of the Ministry of Electricity detection devices explosives ', pointing out that' the Court during the investigation took legal action against the Director Commissioner of the company equipped devices that contravened the specifications agreed upon The amount was returned to the ministry '. The statement added that the investigations were in accordance with the provisions of Article 456 of the Iraqi Penal Code. http://www.ikhnews.com/index.php?page=article&id=173527
    0 replies | 56 view(s)
  • harry's Avatar
    10-17-2018, 07:39 AM
    Claims to replace deputies who have not sworn in 10/17/208 BAGHDAD / The deputy for the construction coalition Zahra al-Bajari, on Wednesday, Speaker of the House of Representatives Mohamed Halbusi sent a letter to the Electoral Commission to replace the members who have not been sworn in so far. "All members of the House of Representatives took the constitutional oath on September 3 except for those who hold government positions," Al-Bijari said in a statement. "The legal period for the swearing-in is one month. Otherwise, the winning member, whether he is a government official or not, should explain why he has not been sworn in and wants to remain in the government." Albjara explained that the Presidency of the Council of Representatives are prompted to send the names of the winners of the House of Representatives to the Electoral Commission who did not sing section until now to force them to perform the constitutional right to carry out legislative duties or replace them with other members. " http://aynaliraqnews.com/index.php?aa=news&id22=106844
    0 replies | 53 view(s)
  • harry's Avatar
    10-17-2018, 07:34 AM
    Maliki, Allawi and Nujaifi the highest salary in the Iraqi state 10/17/2018 BAGHDAD / The legal expert, Tariq Harb, said on Wednesday that President Fuad Masum and his deputies have ended their service from the date of the election of the new President Barham Saleh, indicating that Maliki, Najafi and Allawi receive a pension higher than the salary of the Vice President of the Republic according to the law. He said the war "eye of Iraq News" "The newspaper published the official facts of the transfer of former President Fuad Masum and his three deputies to retire, are legally terminated their service and were considered retired and ended their career by electing Barham Saleh as new president of the fourth electoral cycle instead of the former president Whose appointment urged them to go and ended their election and began a new electoral cycle. " He added that "the three Vice Presidents Nuri al-Maliki and Iyad Allawi and Osama Nujaifi receive a salary pension higher than the pension salary scheduled for Vice President of the Republic in accordance with the law that Iyad Allawi and Nuri al-Maliki was prime minister and Osama al-Nujaifi served as Speaker of the House of Representatives, Pointing out that the salary of the President and Prime Minister, is the highest salaries in the Iraqi legal system of service and retirement. The Justice Ministry announced on Wednesday the issuance of a presidential decree to refer former President Fuad Masum, and his deputies: Nuri al-Maliki, Iyad Allawi, Osama Nujaifi, to retire. "The new issue of the Iraqi Gazette, issued by (4512), which included several decrees of the Republic approved by the House of Representatives and ratified by the Presidency of the Republic," the media said in a statement received by "Iraq News". He added that "the number contained a decree number (71) for the year 2018 (the appointment of Barham Ahmed Saleh as President of the Republic of Iraq, in addition to the presidential decree No. (72) for the year 2018 (refer Mohamed Fuad Masoum Khader, former President of Iraq to retire. He added that "the number also included a decree number (73) for the year 2018 (transfer of Nuri Kamal al-Maliki, Vice President of the Republic to retire), and Presidential Decree No. (74) for the year 2018 (transfer of Osama Abdul Aziz Nujaifi Vice President to retire) Presidential Decree No. (75) for the year 2018 (referral of Ayad Hashem Allawi, Vice President of the Republic to retire) http://aynaliraqnews.com/index.php?aa=news&id22=106856
    0 replies | 53 view(s)
  • harry's Avatar
    10-17-2018, 07:07 AM
    Abadi sets the price of oil barrels in the budget of 2019 10/17/2018 The outgoing Prime Minister Haider Abadi on Tuesday to determine the price of selling barrels of crude oil within the federal budget bill for next year to $ 56 US. Abadi said during his weekly press conference that he had instructed the current ministers to hand over their bags in full to the next government. He added that the government's duty to submit the federal budget on time, with the adoption of $ 56 per barrel of crude oil, "saying that" the current government continues full constitutional authority in the face of terrorism. https://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=search&rurl=translate.google.com&sl=ar&sp=nmt4&u=https://www.sotaliraq.com/2018/10/17/%25D8%25A7%25D9%2584%25D8%25B9%25D8%25A8%25D8%25A7%25D8%25AF%25D9%258A-%25D9%258A%25D8%25AD%25D8%25AF%25D8%25AF-%25D8%25AA%25D8%25B3%25D8%25B9%25D9%258A%25D8%25B1%25D8%25A9-%25D8%25A8%25D8%25B1%25D9%2585%25D9%258A%25D9%2584-%25D8%25A7%25D9%2584%25D9%2586%25D9%2581%25D8%25B7-%25D9%2581%25D9%258A-%25D9%2585%25D9%2588%25D8%25A7/&xid=25657,15700021,15700124,15700149,15700186,15700191,15700201,15700214&usg=ALkJrhjhVqU6ZY1OMoTm7u4NNg5lh_8qBw
    0 replies | 52 view(s)
  • harry's Avatar
    10-17-2018, 06:53 AM
    good morning to all ds i pray that everyone will have a blessed day today and enjoy its.
    686 replies | 36167 view(s)
  • Bondlady2's Avatar
    686 replies | 36167 view(s)
  • ksdunlap's Avatar
    10-17-2018, 06:12 AM
    Good morning DS. I hope everyone enjoys a safe & blessed day.
    686 replies | 36167 view(s)
  • DodgerBoy's Avatar
    10-16-2018, 11:21 PM
    This looks like a very good step for us.
    3 replies | 172 view(s)
  • harry's Avatar
    10-16-2018, 08:08 AM
    The Central Bank calls for companies to mediate to merge and identify a number of points 10/16/2018 The Central Bank of Iraq called on companies to broker the sale and purchase of foreign currencies to merge to form a single banking institution, based on the Companies Law No. (21) for the year 1997 amended. The bank said in a statement that in light of its goal of achieving financial and banking stability and creating a competitive work environment, it calls on companies wishing to merge to form a single banking institution based on the amended Companies Law No. (21) of 1997, indicating that this process will create a strong The possibility of providing these institutions with rapid growth and that the formation of a larger entity covers services more broadly commensurate with the size of the merged institution and thus access to financial services broader by the Central Bank commensurate with the size. He explained that the merged companies will be classified according to the request submitted by them and will depend on the granting of privileges according to the merged category and as follows: (A): A group of at least (10) companies in this category shall be incorporated and shall constitute a total capital of not less than (5,000,000,000) JD with the capital of each company before the merger (500,000.000) JD. On special privileges according to their size: 1. The name of the institution that will result in the merger (a money exchange company) and not mediating where the intervention activity will enter into the sale and purchase of foreign currencies within its activity as one of the privileges that you will enjoy. 2 - Enter the institution to the window of foreign currency and according to the amount of the weekly quota, which will be allocated according to the size of its capital. 3 - Allow them to carry out foreign remittances by contracting with one of the international transfer companies (Western Union, MoneyCram, Express Money, etc.) and give them a secondary agency. 4 - opening branches and not exceeding the number of (3) branches .5 - Allow the work of internal cash transfers exclusively and does not exceed the capital and reserves in one working day. 6 - Allow the receipt of the agency (outlet) of the payment service providers authorized by this bank. 7 - the possibility of marketing for electronic payment cards approved through an agency from a bank or electronic payment companies approved by this bank. 8- Possibility of offering the company shares in the secondary market (stock market) after meeting the requirements of listing in the market after approval by the Ministry of Commerce / Registrar of Companies and Stock Exchange. 9 - To provide a letter of guarantee (20%) of the total capital and reserves for the bank, and the percentage is increasing by (2%) in accordance with financial services to be added in future in order to maintain its commitment to the requirements of leave granted to them. 10. The possibility of adding other services in the future in line with the activity of the exchange companies, which is compatible with the financial services provided by non-bank financial institutions globally. 11- The company sets up a globally approved electronic system to combat money laundering and terrorist financing. 12- The company will add (compliance, money laundering, risk management, financial awareness) to one or two employees for each division to inform the company of the requirements of this bank for combating money laundering and the financing of terrorism and its risk management and awareness of these companies and their importance in the economy and how to meet the needs Financial citizens. 12. Establish an accounting system for the activity of these companies and be able to issue reports covering the activities of the company.(B): A minimum number of (5) companies in category (B) shall be merged, which shall constitute a total capital of not less than (2.500.000.000) JD with a capital of JD (500.000.000) for each company. This merged institution has the following privileges: 1. The name of the institution that will result in the merger (a money exchange company) and not mediating where the intervention activity will enter into the sale and purchase of foreign currency within its activity as one of the privileges that you will enjoy. 2 - Enter the company to the window of foreign currency and according to the amount of the share to be allocated in accordance with the size of its capital. 3 - Allow the receipt of the agency (port) of the payment service providers authorized by this bank. 4 - Allow them to transfer the internal cash only and the limits of the ceiling of cash does not exceed the capital and reserves in one working day. 5. To provide the letter of guarantee (40%) of its capital and reserves in favor of this bank in order to maintain its commitment to the requirements of the vacation granted to it. 6. Establish an accounting system for the activity of these companies and be able to issue reports covering the activities of the company. 7. The company establishes a global electronic system to combat money laundering and terrorist financing.Category (C): This category will be granted to companies that do not wish to merge, which have not been granted any privileges as granted to the two categories above, except for the actions described below: 1. Preserving the designation of this group by brokerage companies for the sale and purchase of foreign currencies, which allow them to mediate and transfer only the internal. 2- The letter of guarantee shall be fixed at the limit of 80% of its capital due to the fixed value of its capital. 3 - not to allow them to enter the window of sale and purchase of foreign currency.Note that the transfer of the rights and obligations of all integrated companies to the merged company or resulting from the merger is based on the provisions of Article (152) of the Companies Law No. (21) for the year 1997 amended and the Central Bank gave the brokerage companies 30 working days to provide them with their requests and proposals on this process . http://www.shafaaq.com/ar/Ar_NewsReader/99f1f85a-ef50-4689-9e5c-d5d180a43290
    3 replies | 172 view(s)
  • harry's Avatar
    10-16-2018, 08:02 AM
    Sadr office vows Nuri al - Maliki and Jamal Karbouli .. For this reason 10/16/2018 A spokesman for the Sadrist movement, Sheikh Salah al-Obeidi, on Tuesday, accounting for what he described as "politicians thieves," stressing at the same time that he is headed by Nuri al-Maliki and Jamal Karbouli. "The large number of files of corruption in previous years does not mean that crimes committed against the Iraqi people are left, and these files are the funds that were leaked by the Red Crescent before 2010 when it was run by Jamal al-Karbouli," Sheikh al-Obeidi said in a brief statement. To open these files and hold the money and hold accountable the corrupt Maliki regime that returned the siphon to the country and covered their corruption in political deals suspicious in previous years .. And days pregnant events. Sadr said in a tweet on Twitter that "either is the time to hold accountable those who stole the money of Iraq and raise the good of the right? Or is it time to reach the rights of the citizen without his control by the parties?" "The time is right for the citizen to carry out his duties towards his homeland to the fullest and leave partisan, sectarian, sectarian, ethnic, regional, tribal, family and personal interests." http://www.skypressiq.net/2018/10/16/%D9%85%D9%83%D8%AA%D8%A8-%D8%A7%D9%84%D8%B5%D8%AF%D8%B1-%D9%8A%D8%AA%D9%88%D8%B9%D8%AF-%D9%86%D9%88%D8%B1%D9%8A-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%83%D9%8A-%D9%88%D8%AC%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D9%83%D8%B1%D8%A8%D9%88%D9%84%D9%8A-%D9%84%D9%87%D8%B0%D8%A7-%D8%A7%D9%84%D8%B3%D8%A8%D8%A8
    0 replies | 81 view(s)
  • Bondlady2's Avatar
    686 replies | 36167 view(s)
  • harry's Avatar
    10-16-2018, 07:51 AM
    Oil prices drop to $ 80 10/16/2018 Oil prices fell during Tuesday's trading to $ 80 per barrel, with expectations of increased production within the United States and ahead of the announcement of preliminary US inventory data. By 7:45 am GMT, the price of Brent crude for December delivery fell 0.4 percent to $ 80.48 a barrel. US crude futures for December delivery fell $ 71.49 a barrel, down 0.4%. The US Energy Information Administration announced yesterday that the production of US rock oil from the seven main fields will rise by 98 thousand barrels per day in November to 7.714 million barrels per day. On the other hand, it is expected that the supply of "OPEC" oil will see a decline from next month with the start of the implementation of US sanctions against Iran, which is to punish any entity that imports crude from Iran. http://aynaliraqnews.com/index.php?aa=news&id22=106781
    0 replies | 68 view(s)
  • harry's Avatar
    10-16-2018, 07:38 AM
    The Central Bank calls on companies to mediate the sale and purchase of foreign currencies to merge 10/16/2018 The Central Bank of Iraq on Tuesday called on companies to broker the sale and purchase of foreign currencies to merge to form a single banking institution. "It calls on companies wishing to merge to form a single banking institution based on the amended Companies Law No. 21 of 1997," the bank said in a statement. "The aim is to achieve financial and banking stability and create a competitive work environment." He added that "the formation of a larger entity covers more services commensurate with the size of the merged institution and thus access to more financial services by the Central Bank commensurate with the size." The bank said that "the merger will be in accordance with two categories, including A, which requires that the merger is not less than 10 companies, which will form a capital of not less than 5 billion dinars," pointing out that "this category will receive a label exchange company instead of mediating and will enter the activity of mediating the sale and purchase of foreign currencies As part of its activity as one of the privileges that will enjoy, in addition to allowing them to carry out foreign remittances, as well as the opening of branches do not exceed 3 branches. He stressed that "the second category, which is called B, where the integration of a number of not less than 5 companies, which will form a capital of not less than 2 billion and 500 million dinars and 500 million dinars per company," pointing out that "these companies will be granted privileges include the designation of the institution, "The merger will result in a brokerage company, not a broker, where the brokerage activity will enter into the sale and purchase of foreign currencies within its activity as one of the privileges that it will enjoy." The third category includes category C, where the category will be granted to companies that do not wish to merge, which have not been granted any privileges as granted to the above two categories. "He said. http://www.almirbad.com/news/view.aspx?cdate=16102018&id=c190a032-1b32-4503-8f8c-1fe3d42ed950
    3 replies | 172 view(s)
  • harry's Avatar
    10-16-2018, 07:04 AM
    good morning to all ds i pray that everyone will receive a blessing today.
    686 replies | 36167 view(s)
  • IRONMAN's Avatar
    10-15-2018, 10:19 AM
    Good time to revalue! IJS
    1 replies | 113 view(s)
More Activity