The exchange rate of the US dollar on Monday, 126 thousand dinars against the dinar exchange rate in foreign currency markets in Iraq.
The sale price of the dollar on the Kifah Stock Exchange in Baghdad today was 126 thousand dinars and the purchase price 125 thousand dinars to 100 dollars.
The sale price of the dollar on the Arbil Stock Exchange today was 126 thousand and 500 dinars, and the purchase price 125 thousand and 500 dinars to 100 dollars.
On the Harthiya Stock Exchange, the sale price of the dollar today was 125 thousand and 700 dinars and the purchase price 125 thousand and 650 dinars for one hundred dollars.
The exchange rate of the dollar on the Basra Stock Exchange was 126 thousand dinars and the purchase price 125 thousand dinars against 100 dollars.
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The sale price of the dollar on the Kifah Stock Exchange in Baghdad today was 126 thousand dinars and the purchase price 125 thousand dinars to 100 dollars.
The sale price of the dollar on the Arbil Stock Exchange today was 126 thousand and 500 dinars, and the purchase price 125 thousand and 500 dinars to 100 dollars.
On the Harthiya Stock Exchange, the sale price of the dollar today was 125 thousand and 700 dinars and the purchase price 125 thousand and 650 dinars for one hundred dollars.
The exchange rate of the dollar on the Basra Stock Exchange was 126 thousand dinars and the purchase price 125 thousand dinars against 100 dollars.
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Rafidain Bank announces the payment of salaries of staff of the University of Mosul
The bank's information office said in a statement received by the "Economy News" a copy of it, "The bank began to pay the salaries of staff of the Iraqi University and all its departments and the University of Mosul and after the arrival of lists of their amounts from their departments," noting that "the exchange was through one of electronic payment tools" .
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The Iraqi Commercial Bank announces its capital increase to two trillion and 750 billion dinars
The director of the Iraqi Trade Bank Faisal Himes, that the capital of the bank has increased from trillion and 750 billion dinars, to trillion and 750 billion dinars.
"The bank's strategy for the years 2017 to 2019 depends on the bank's expansion locally and internationally, relying on young qualified staff," he said during a press conference held by Al-Iktissad News. "The bank's operations have been expanded by opening four new branches with 350 jobs New".
He explained that "the net profit of the Iraqi Bank for Trade in the first half of the current year amounted to 119 billion dinars, indicating that the reopening of a branch in Ramadi in addition to the opening of another branch at the headquarters of the Missan Oil Company."
The Homs, had announced earlier that the bank and in cooperation with the Central Bank of Iraq, intends to obtain approval to open a branch in the city of Mosul, during a record period, indicating that it would be "rejoicing" to restore the city of the organization of Dahesh.
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"The bank's strategy for the years 2017 to 2019 depends on the bank's expansion locally and internationally, relying on young qualified staff," he said during a press conference held by Al-Iktissad News. "The bank's operations have been expanded by opening four new branches with 350 jobs New".
He explained that "the net profit of the Iraqi Bank for Trade in the first half of the current year amounted to 119 billion dinars, indicating that the reopening of a branch in Ramadi in addition to the opening of another branch at the headquarters of the Missan Oil Company."
The Homs, had announced earlier that the bank and in cooperation with the Central Bank of Iraq, intends to obtain approval to open a branch in the city of Mosul, during a record period, indicating that it would be "rejoicing" to restore the city of the organization of Dahesh.
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Masoum endorses the law on the seizure of the property of the former regime and the amendment of the general budget law
The President of the Republic Fuad Masum ratified the law "The seizure and confiscation of property and movable and immovable property of the elements of the former regime", as well as the "Law amending the Federal Budget Law."
According to the Information Office in the Presidency of the Republic, on Monday, the President of the Republic Dr. Fuad Masoum ratified the "Law amending the Federal Budget Law No. (44) of 2017) voted by the House of Representatives earlier in accordance with the provisions of item (III) of Article (73) Of the Constitution ".
"This law was enacted to cover the shortage of salaries of state employees, the public sector and members of the popular mobilization and to ensure the payment of pensions," the office said in a statement published by Mawazine News.
He also stressed that this law "to secure the needs of displaced persons and to pay the receivables of audited contractors from the Federal Audit Bureau and farmers' entitlements and to secure the needs of the ministries of electricity, oil and health, pointing out to be sent for publication in the Official Gazette.
The presidential press office also announced that "the President of the Republic, Dr. Fuad Masoum, has approved a draft law on the seizure and confiscation of property and movable and immovable property of the former regime." The Council of Representatives voted earlier on the provisions of Article 73 of Article the Constitution.
In a second statement, the Office explained that "this law has been established for the purpose of identifying persons involved in the seizure and confiscation of movable and immovable property under previous legislation and establishing the appropriate mechanism to terminate the detention procedure." (Now they can Implement the budget)
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According to the Information Office in the Presidency of the Republic, on Monday, the President of the Republic Dr. Fuad Masoum ratified the "Law amending the Federal Budget Law No. (44) of 2017) voted by the House of Representatives earlier in accordance with the provisions of item (III) of Article (73) Of the Constitution ".
"This law was enacted to cover the shortage of salaries of state employees, the public sector and members of the popular mobilization and to ensure the payment of pensions," the office said in a statement published by Mawazine News.
He also stressed that this law "to secure the needs of displaced persons and to pay the receivables of audited contractors from the Federal Audit Bureau and farmers' entitlements and to secure the needs of the ministries of electricity, oil and health, pointing out to be sent for publication in the Official Gazette.
The presidential press office also announced that "the President of the Republic, Dr. Fuad Masoum, has approved a draft law on the seizure and confiscation of property and movable and immovable property of the former regime." The Council of Representatives voted earlier on the provisions of Article 73 of Article the Constitution.
In a second statement, the Office explained that "this law has been established for the purpose of identifying persons involved in the seizure and confiscation of movable and immovable property under previous legislation and establishing the appropriate mechanism to terminate the detention procedure." (Now they can Implement the budget)
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Iraq on the threshold of a historic change in the sale of oil
The Iraqi Oil Marketing Company (SOMO) has informed its customers that it intends to change the benchmark price of Basrah crude in Asia to the price of Omani crude oil futures on the Dubai Mercantile Exchange from the average price of Dubai and Oman crude on the Platts platform, Of January 2018.
The proposed change represents a major shift from OPEC's second-largest producer, Iraq, to the norm for decades, along with other members of the Organization such as Saudi Arabia, Kuwait and Iran, based on the ratings of Standard & Poor's Global Plats for pricing their raw materials. This will apply to about two million barrels of crude per day or nearly two-thirds of Iraqi crude exports from the southern port of Basra.
"The Iraqis are likely to have a benchmark," said a Singapore oil trader, referring to Saudi Arabia's role in setting prices in the region.
Saudi Arabia, the world's largest exporter of crude, has set a pricing trend for Iranian, Kuwaiti and Iraqi oil, affecting more than 12 million barrels of crude destined for Asia per day.
Commercial sources said Somo's speech would launch a consultation round between the company and its customers, adding details of the possible change were still unclear.
Since April, Iraq has been selling a shipment or two of Basra's crude per month through an auction platform on the Dubai Mercantile Exchange as a way to explore the price.
The Dubai Mercantile Exchange (DME) launched the Oman Ore futures contract in 2007
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The proposed change represents a major shift from OPEC's second-largest producer, Iraq, to the norm for decades, along with other members of the Organization such as Saudi Arabia, Kuwait and Iran, based on the ratings of Standard & Poor's Global Plats for pricing their raw materials. This will apply to about two million barrels of crude per day or nearly two-thirds of Iraqi crude exports from the southern port of Basra.
"The Iraqis are likely to have a benchmark," said a Singapore oil trader, referring to Saudi Arabia's role in setting prices in the region.
Saudi Arabia, the world's largest exporter of crude, has set a pricing trend for Iranian, Kuwaiti and Iraqi oil, affecting more than 12 million barrels of crude destined for Asia per day.
Commercial sources said Somo's speech would launch a consultation round between the company and its customers, adding details of the possible change were still unclear.
Since April, Iraq has been selling a shipment or two of Basra's crude per month through an auction platform on the Dubai Mercantile Exchange as a way to explore the price.
The Dubai Mercantile Exchange (DME) launched the Oman Ore futures contract in 2007
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Matisse is visiting Baghdad tomorrow and the goal is to postpone the referendum
Up US Secretary of Defense James Mattis, on Tuesday to Iraq to visit Baghdad and Erbil.
Political sources said that "US Defense Secretary Mattiece will visit Baghdad and Arbil on Tuesday to discuss the latest developments in the war against da'ash and coordination between Iraqi forces and Peshmerga forces and discuss the referendum in the Kurdistan region with officials in the region and Baghdad."
The sources added that "the visit of Matisse may be a message to the Kurds to postpone the referendum in the region."
It is noteworthy that the United States of America has told Barzani for more than once the need to postpone the referendum, while Barzani announced yesterday that he rejected Washington's requests.
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Political sources said that "US Defense Secretary Mattiece will visit Baghdad and Arbil on Tuesday to discuss the latest developments in the war against da'ash and coordination between Iraqi forces and Peshmerga forces and discuss the referendum in the Kurdistan region with officials in the region and Baghdad."
The sources added that "the visit of Matisse may be a message to the Kurds to postpone the referendum in the region."
It is noteworthy that the United States of America has told Barzani for more than once the need to postpone the referendum, while Barzani announced yesterday that he rejected Washington's requests.
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The Iraqi Trade Bank is among the top 1,000 banks in the world
The Secretary General of the Union of Arab Banks and Wissam Fattouh, on Monday, the entry of the Iraqi Bank of Trade within the list of the largest thousand banks in the world.
“The Iraqi Trade Bank has entered the list of the largest thousand banks in the world, ranking 33 Arab and 318 globally,” Fattouh said in a statement.
He added that the Iraqi Trade Bank “is the first Iraqi bank to be listed on the list with the capital of about $ 3.1 billion and assets of about 19.7 billion dollars.”
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“The Iraqi Trade Bank has entered the list of the largest thousand banks in the world, ranking 33 Arab and 318 globally,” Fattouh said in a statement.
He added that the Iraqi Trade Bank “is the first Iraqi bank to be listed on the list with the capital of about $ 3.1 billion and assets of about 19.7 billion dollars.”
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