MAJEED
Three years budget + HCL=APPROVED
LFGGGGGGGGThursday, December 5, 2024
Rashid stresses the need for coordination with international bodies in military industrialization, 5 dec
Rashid stresses the need for coordination with international bodies in military industrialization
INA- Baghdad
President of the Republic Abdul Latif Jamal Rashid stressed on Thursday the need to coordinate with international bodies in the field of military industrialization.
The Media Department of the Presidency of the Republic said in a statement received by the Iraqi News Agency (INA), that "the President of the Republic, Abdul Latif Jamal Rashid, received today at Baghdad Palace, the head of the Military Industrialization Commission, Mustafa Ati Hassan," noting that "during the meeting, they discussed the work of the Military Industrialization Commission and ways to improve its production."
According to the statement, the President of the Republic pointed to "the importance of supporting the Commission and seeking to make it the main supplier of the relevant state institutions in a way that secures its actual needs."
He stressed "the need to intensify communication and coordination mechanisms with international bodies with competence in the field of military industrialization, and to exchange experiences with them to qualify engineering and technical cadres in a way that contributes to enhancing the capabilities and capabilities of the commission, and serves the country's development goals."
He stressed "the need to expand cooperation and partnership with the private sector and benefit from the expertise and energies available to it," praising "the manufacturing achievements made by the commission in the military industries."
For his part, the head of the Military Industrialization Commission, Mustafa Ati, expressed his "thanks to the President of the Republic for his interest in the work of the Military Industrialization Commission," stressing "the keenness of the Commission with all its formations and cadres to supplement the national economy, and secure the needs of the relevant state institutions."
EXCERPTS FROM MARKZ, 5 DEC
EXCERPTS FROM MARKZ
Member: I heard from a lil bird that this weekend will be something special!!
MZ: We did have some good news out of Iraqi parliament today. “Parliamentary Finance : Satisfaction and optimism with the rate of completion of the government program” They want you to know that they made great progress and have expectations for the budget to be voted on in the next few days.I am looking forward to seeing the news tomorrow morning.
MZ: From insider news and other sources in Iraq- I have more confirmations that they are trying to having it done by Dec 10th and Victory Day. It made me feel really good to hear this from another source or two.
Banks are the most traded sector in the Iraqi market in terms of value, 5 dec
Banks are the most traded sector in the Iraqi market in terms of value
Economy News _ Baghdad
The Securities Commission announced on Wednesday that the banking sector was the most traded in the Iraq Stock Exchange in terms of value for the third quarter of 2024.
The authority said in a report seen by “Economy News”, that “the value of trading in the Iraq Stock Exchange rose to 158.5 billion dinars for the third quarter of 2024 compared to the same period of 2023, which amounted to 94.3 billion dinars.”
She added that “the banking sector ranked first in the value of trading with nearly 88.8 billion dinars, and came in second place the industrial sector with a trading value of 23.8, followed by the telecommunications sector in the third place and the value of trading amounting to 8.6 billion dinars.”
The authority pointed out that “investment sales to non-Iraqis in the Iraq Stock Exchange for the third quarter of 2024 amounted to 18 million and 39 thousand dinars, while their sales amounted to 42 million and 479 thousand dinars.”
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