Friday, October 4, 2024
SECURITIES COMMISSION: A STRATEGY TO TRANSFORM IRAQ INTO A REGIONAL INVESTMENT CENTER, 4 OCT
SECURITIES COMMISSION: A STRATEGY TO TRANSFORM IRAQ INTO A REGIONAL INVESTMENT CENTER
The Securities Commission announced on Tuesday the launch of its new website to promote investment in Iraq. While it indicated that an agreement had been concluded with Egypt to update the electronic trading system, it confirmed the development of a strategy to transform Iraq into a regional investment center.
The Chairman of the Securities Commission, Faisal Al-Haimus, said during the World Investor Day conference, which was followed by “Al-Eqtisad News”, “We launched the new website of the Commission,” indicating that “this event represents a milestone in the path of developing the investment infrastructure in Iraq.”
He continued: “We have come a long way in the Securities Commission to transform this vision into a tangible reality that serves all investors within the framework of the government’s plans and under the auspices of Prime Minister Mohammed Shia Al-Sudani.”
He added: “We are working to transform the Iraq Stock Exchange into an integrated electronic system that provides all citizens and investors with greater opportunities to participate in investment in a safe manner.”
He pointed out that “a cooperation agreement was concluded with the Arab Republic of Egypt to purchase the new trading system, which is one of the most modern and effective systems, in addition to working with European countries to enhance the expertise of employees in the Commission and the market through mutual training programs, which contributes to the efficiency of employees and the application of the best international practices,” noting that “this digital transformation will enhance the efficiency of daily trading operations and contribute to expanding the investor base in the Iraq Stock Exchange, which will benefit the Iraqi economy and attract foreign investments.”
He stated that “our strategy extends until 2030 and focuses on development projects that enhance Iraq’s position as a regional investment center,” noting that “the website includes many additions and advantages:
First – daily updated data and graphic forms on the performance of the Iraq Stock Exchange.
Second – linking the website with the Ur portal.
Third – continuous updating of news of companies and investors.
Al-Haimus concluded that “Iraq possesses enormous natural and human resources,” expressing his “aspiration to achieve economic revenues and enhance Iraq’s role at the regional and international levels.”
Coffee with MarkZ and Mr. Cottrell. 10/04/2024
$3M ALLOCATED TO UPGRADE IRAQI STOCK EXCHANGE, 4 OCT
$3M ALLOCATED TO UPGRADE IRAQI STOCK EXCHANGE
As part of its financial reform efforts, Iraq’s Cabinet has approved the allocation of 4 billion dinars [$3 million] to the Iraqi Securities Commission for the modernization and maintenance of electronic systems used for stock and bond trading.
The project, exempted from standard government contract procedures, will be executed in partnership with the U.S. company Nasdaq OMX.
RV UPDATE BY ARIEL, 4 OCT
ARIEL
𝙂𝙤𝙤𝙙𝙢𝙤𝙧𝙣𝙞𝙣𝙜 𝙩𝙤 𝙮𝙤𝙪 𝙖𝙡𝙡. 𝙔𝙤𝙪 𝙨𝙝𝙤𝙪𝙡𝙙 𝙗𝙚 𝙚𝙭𝙘𝙞𝙩𝙚𝙙 𝙖𝙨 𝙩𝙝𝙚 𝙧𝙚𝙨𝙩 𝙤𝙛 𝙮𝙤𝙪𝙧 𝙡𝙞𝙛𝙚 𝙞𝙨 𝙨𝙩𝙖𝙧𝙩𝙞𝙣𝙜 𝙩𝙤𝙙𝙖𝙮. • Banks are in check. • Government is in check. • Wall Street is in check. • Ports are in check. • The entertainment industry is in check. • The Legal system is in check. All of this is happening today and will have ripple effects for decades to come. And you will for the 1st time in history witness it all in real-time and see accountability unfold. There will be no more getting over on the American people. Your country will shift towards programs that serve you above all else or else. And that's the way it is going to be for the next few centuries or more. We deserve it. You deserve it. Your children and their future deserve it. But the only way to solidify this is to bare from a witnesses stare what Law & Order can do for a country under siege. This will be the stamp of approval. This is what will give us confidence in our new system. This is what will allow us to make sound decisions that actually reflect reality as it supposed to be. No more hanky-panky under the table at our expense. And you should feel very satisfied about that for many reasons. 𝘽𝙖𝙣𝙠𝙨 𝙤𝙣 𝙖 𝙇𝙚𝙖𝙨𝙝: No more reckless speculation or shady under-the-table deals. For the first time in modern history, the banking system is being held accountable. Gone are the days when Wall Street fat cats could manipulate your savings for their own gains. The gold-backed system will guarantee your hard-earned wealth is protected by real value, not inflated promises. 𝘼 𝙂𝙤𝙫𝙚𝙧𝙣𝙢𝙚𝙣𝙩 𝙏𝙝𝙖𝙩 𝙒𝙤𝙧𝙠𝙨 𝙛𝙤𝙧 𝙔𝙤𝙪: The era of government inefficiency, waste, and corruption is coming to a close. No more secret deals or hidden agendas that favor a select few. Instead, programs and policies will focus on serving YOU, the citizen, above all else. Every law, every initiative, will be crafted with your well-being in mind, ensuring you and your family prosper in a system designed for the people, by the people. 𝙒𝙖𝙡𝙡 𝙎𝙩𝙧𝙚𝙚𝙩’𝙨 𝘿𝙖𝙮𝙨 𝙤𝙛 𝙈𝙖𝙣𝙞𝙥𝙪𝙡𝙖𝙩𝙞𝙤𝙣 𝘼𝙧𝙚 𝙊𝙫𝙚𝙧: The financial elites are finally being put in check. No longer will Wall Street have the power to rig markets or siphon wealth from the middle class. The rise of decentralized, asset-backed systems like tokenized gold ensures that real value is driving the market, not fabricated bubbles. You’ll have the power to invest in real assets, knowing the market can no longer be rigged against you. 𝙋𝙤𝙧𝙩𝙨 𝙁𝙡𝙤𝙬𝙞𝙣𝙜 𝙬𝙞𝙩𝙝 𝙄𝙣𝙩𝙚𝙜𝙧𝙞𝙩𝙮: The East Coast port strike has opened the door to transparent and equitable supply chains. The days of backroom deals that created shortages and price hikes are over. Goods will now flow through the ports with fair labor practices, ensuring both workers and consumers benefit from a system built on trust and cooperation. You will finally see the true cost of goods reflect the value of fair and honest trade. 𝙀𝙣𝙩𝙚𝙧𝙩𝙖𝙞𝙣𝙢𝙚𝙣𝙩 𝙄𝙣𝙙𝙪𝙨𝙩𝙧𝙮 𝙍𝙚𝙫𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙞𝙯𝙚𝙙: Hollywood’s darkest secrets are being dragged into the light. The fall of major entertainment figures signals a new chapter where art, media, and culture will reflect truth and integrity. No more glorification of toxic behaviors or exploitation hidden behind the glamor of fame. 𝙍𝙚𝙖𝙡-𝙏𝙞𝙢𝙚 𝘼𝙘𝙘𝙤𝙪𝙣𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮: For the first time in your life, you will witness justice unfold in real-time. From government officials to banking moguls and entertainment elites, those who have acted in secrecy or malice are now being held accountable. You will see laws applied equally and fairly, no more playing favorites. 𝘼 𝙁𝙪𝙩𝙪𝙧𝙚 𝙛𝙤𝙧 𝙔𝙤𝙪𝙧 𝘾𝙝𝙞𝙡𝙙𝙧𝙚𝙣: The changes happening today will reverberate for centuries. These shifts aren’t just for us—they’re for future generations. Your children and grandchildren will inherit a world where truth, integrity, and fairness form the foundation of society. They’ll grow up in a country where opportunity and justice are the norm, not the exception. 𝙏𝙝𝙚 𝙍𝙚𝙩𝙪𝙧𝙣 𝙤𝙛 𝙇𝙖𝙬 & 𝙊𝙧𝙙𝙚𝙧: The era of chaos is ending, and in its place is a society governed by fair and just laws. This is the foundation of the New Republic, where no one is above the law, and every citizen is protected by the same set of rules. This will give you the confidence to make decisions knowing they are rooted in reality, and that the system will uphold what is fair and right. Historic things are happening today. And it's not even 11:00 yet. Julian Assange just exposed Mike Pompeo. Naming those names you all want to hear. But I doubt that will be all ofcourse. Because at some point that celebrity that is on that P. Diddy tape will come out and the world will be quite surprised. This is when I think the panic will really set in for the rest of Hollywood. But ofcourse we all are just getting our morning started. And I do not want to keep your time here away from everything that will be going on today by making this post longer than what it needs to be. We have some headlines to catch up to right? So go and enjoy your day and I will be back with some updates.
TIDBIT FROM FRANK26, 13 NOV
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