Iraqi News Late Tuesday Morning 5-10-22
Iraqi News Late Tuesday Morning 5-10-22
TLM724 Administrator BondLady’s Corner
Al-Shammari to / NINA /: The current government has sold part of the gold reserves in northern Iraq
Tuesday 10 May 2022 12:35 | economic Number of readings: 320 Baghdad / NINA / - Economic expert Abdul Hassan Al-Shammari said that the current government has sold part of the gold reserves in northern Iraq.
He told the National Iraqi News Agency ( NINA ) that the reason for Iraq's decline in the country's ranking of gold reserves came because of news that the current government has sold part of it.
Al-Shammari added that the current government sold 8 tons of gold reserves in the Central Bank in northern Iraq without knowing the reason for that.
The World Gold Council announced that Iraq had fallen one rank in the world's largest reserves of the precious metal.
The council said in a statement a few days ago that "Iraq has fallen one rank to reach 40th globally out of the 100 countries listed in the table with the largest gold reserves.
He pointed out that Iraq has not yet provided any update on its gold holdings since October 2021, bringing its gold holdings to 96.4 tons, which represents 9.4% of the rest of its other reserves./ End 3
https://ninanews.com/Website/News/Details?key=975091
The government promises the Iraqis: Distribution of more than half a million bonds within the Dari project next week
Political | 06:08 - 10/05/2022 Baghdad - Mawazine News, the Iraqi government gave good news to the applicants for the "Dari" project initiative to distribute housing plots.
Cabinet spokesman and Minister of Culture Hassan Nazim said in a press conference attended by Mawazine News that "more than half a million bonds will be distributed within the Dari project next week."
He added, "The Council of Ministers hosted in its session today the technical representative of the Ministry of Agriculture to discuss hemorrhagic fever and take the necessary measures to confront it." Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=192680
Parliamentary Finance Meets To Put The “Final Touches” To Amend The Food Security Law
Political | 01:35 - 10/05/2022 Baghdad - Mawazine News The Parliamentary Finance Committee held, on Tuesday, a meeting to put the final touches to amend the Emergency Support Law for Food Security and Development.
The Media Department of the House of Representatives said in a statement received by Mawazine News that "the Finance Committee held a meeting headed by the Chairman of the Committee, Hassan Al-Kaabi."
She added that "the meeting aims to make the final touches to amend the law on emergency support for food security and development." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=192647
Dollar Exchange Rates Against The Dinar
Economie| 10:04 - 10/05/2022 Baghdad - Mawazine News, the dollar exchange rates rose slightly on the Iraqi Stock Exchange, today, Tuesday.
And the selling prices of the dollar were 148000 dinars per 100 dollars, while the purchase prices of the dollar were 147,900 dinars per 100 dollars. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=192614
The Iraqi Stock Exchange Closed Lower At The End Of Trading On Tuesday
Market Economy News – Baghdad The Iraqi Stock Exchange closed, on Tuesday, with a decline of 0.50%, with the approach of the parliament's vote on the Food Security Law.
According to the report of the Iraq Stock Exchange, the number of shares traded in the market is 3.6 billion shares, with a value of 4.2 billion dinars.
The market traded the shares of 41 companies out of 103 companies listed in the market.
The number of shares purchased from non-Iraqi investors in the market reached 135 million shares, with a value of 166 billion dinars, through the implementation of 28 transactions on the shares of two companies.
In contrast, the number of shares sold by non-Iraqi investors in the market reached 82 million shares, with a value of 118 million dinars, through the implementation of 40 transactions on the shares of 6 companies.
Ashur Hotel ranked first among the most profitable categories, in today's trading, with 7.79%, while The United Bank's shares plunged 9.09%.
The House of Representatives is preparing to vote on the emergency food security support law in the next Wednesday and Thursday sessions, after a wave of wide disagreements between the political blocs regarding the provisions of the law. Views 81 Date added 10/05/2022 https://economy-news.net/content.php?id=27926
Official Statistics: More Than 4 Million Unemployed People In Iraq
Money and business Economy News-Baghdad The Ministry of Labor and Social Affairs revealed, on Tuesday, that there are more than 4 million unemployed Iraqis, while indicating the formation of a government team to address the phenomenon of beggary .
The Undersecretary of the Ministry, Abeer Chalabi, said in a statement reported by the newspaper “Al-Sabah” that “the ministry has registered more than two million unemployed people in its database, and there are similar numbers to the unregistered unemployed, but the phenomenon of youth beggary is not caused by a lack of job opportunities, but rather is due to social reasons. Represented by family disintegration and the spread of drugs, especially in poor areas and governorates, where most of their children resort to the capital to escape their difficult reality .”
Chalabi added, "The ministry is working within a team that includes the ministries of the interior, national security and education for the purpose of developing a plan to combat the phenomenon of beggary in the country, develop effective solutions to combat and reduce beggary, coordinate national efforts, define requirements for dealing with this phenomenon, and organize the roles and responsibilities of the relevant authorities in accordance with a national and political vision." Comprehensive in which all government agencies and sectors participate .
And she indicated that "monitoring cases of beggary and vagrancy for juveniles falls on the shoulders of the Ministry of Interior, which in turn coordinates with the Ministry of Labor for the purpose of placing them in the homeless homes of the Ministry, aged between 12 to 17 years, for the purpose of rehabilitating and training them to get a job in the event of their release."
Views 130 Date added 10/05/2022 https://economy-news.net/content.php?id=27923
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