More Iraqi News Early Monday Afternoon 3-7-22
TLM724 Administrator BondLady’s Corner
Sadrist Leader: We Are Continuing To Implement The Proposal Of “Distributing Part Of The Oil Imports To All The People.”
Monday, March 7, 2022 5:59 PM Special / National News Center
The Sadrist bloc confirmed, today, Monday, that Parliament will follow up on the proposal to “distribute part of the oil imports to all the people,” explaining the need for there to be high coordination between the government and the Iraqi Council of Representatives.
The leader of the Sadrist bloc and a member of the House of Representatives, Burhan Al-Maamouri, said in a statement to the “National News Center”, that “what the leader of the Sadrist bloc, Muqtada al-Sadr, put forward must be important and essential, especially as he is concerned with an important segment of the people, which is the poor and low-income class.” That “this proposal is not born today, but is a project that was put forward in previous parliamentary sessions and did not receive the necessary support, but it will have the Sadrist bloc follow up on its points in order to emphasize its importance.”
Al-Maamouri indicated that “there is an urgent need at the present time, which can be summed up in increasing coordination between the government and the House of Representatives in order to pass laws without being subjected to challenge or lack of legislation.”
On the issue of the parliamentary committees, the representative of the Sadrist movement noted that “the issue will be resolved during the next session,” stressing that “the parliament started the parliamentary session by hosting officials, and this clearly indicates a major imbalance in state institutions.”
Today, Monday, a member of the House of Representatives, Ali Badr Al-Zamili, presented a parliamentary proposal to distribute part of the oil imports to the people. What is stated in Article (111) of the Constitution.” LINK
Oil Prices Jump To $130
Economie| 08:40 – 07/03/2022 Baghdad – Mawazine News: Oil prices rose more than 10% in trading today, Monday, due to fears of imposing an American and European embargo on Russian oil.
Brent price rose 12.73 dollars to 130.84 dollars, but it fell to 129.5 dollars, achieving an increase of 9.56%, while US crude rose 9.92 dollars to 125.60 dollars, but it reduced its gains to reach 125.17 dollars, an increase of 8.23%.
After Brent crude rose 21% last week, it rose again due to fears that the United States and Europe would impose a ban on Russian oil.
At the opening of the Asian markets today, oil prices achieved a significant increase, as Brent crude jumped by 18% to touch $140 a barrel, while the price of US crude exceeded $130 a barrel, before trimming their gains. https://www.mawazin.net/Details.aspx?jimare=186518
The Iraqi And Egyptian Securities Commission Are Organizing A Joint Work Program To Activate The Memorandum Of Understanding
Market Economy News _ Baghdad At the invitation of the Egyptian Stock Exchange and within the framework of cooperation between counterparts in the securities sector and based on the memorandum of cooperation between the Iraqi Securities Authority and the Egyptian Supervisory Authority and the memorandum of understanding between the Iraq Stock Exchange and the Egyptian Stock Exchange, the two sides organized a joint work program and meetings that included discussing various topics according to the following program :
The meeting of the head of the Iraqi Securities Authority, Mr. Hassan Hammoud Al-Agaili, with his Egyptian counterpart, Dr. Muhammad Omran, on Sunday, February 6, 2022 at the headquarters of the Egyptian Financial Supervisory Authority
The Chairman of the Board of Governors of the Market, Mr. Thaer Adnan, the Executive Director of the Iraq Stock Exchange, Mr. Taha Ahmed Abdel Salam, and the Chairman of the Association of Capital Market Brokers, Mr. Ali Al-Mukhtar, participated in the meeting, and from the Egyptian side, the two Vice-Presidents of the Egyptian Authority, Counselor Reda Abdel-Moati and Mr. Islam Azzam participated in the meeting .
On the same day, the second meeting was held between the delegations of the two countries at the headquarters of the Egyptian Stock Exchange, with the participation of the Executive Director of the Egyptian Stock Exchange, Dr. Muhammad Farid and his assistants for electronic systems and control over trading, disclosure and governance .
These meetings come within the framework of benefiting from the experience of the Egyptian Stock Exchange and the Egyptian Authority in the framework of developing instructions and rules and the wide use of electronic systems in trading, monitoring and disclosure .
These meetings will continue over the next two days and will include meetings with senior officials in the Egyptian government, where it is hoped that meetings will be held with the Minister of Business Sector as well as the Minister of Planning and Economic Development .
As well as to benefit from the experience of the clearing and settlement company and the data and information publishing company .
The authority and the market had sent 30 brokers for practical training in the Egyptian Stock Exchange in February for training through the Association of Financial Data Analysts .
Views 227 Date Added 07/03/2022 LINK
Zaidan And Al-Kazemi Discuss Cooperation In Combating Terrorism And Crimes Of Administrative Corruption And Ensuring Protection For Judges
Political | 02:15 – 07/03/2022 Baghdad – Mawazine News, President of the Supreme Judicial Council, Judge Faiq Zaidan, and Prime Minister Mustafa Al-Kazemi discussed, on Monday, cooperation in combating terrorism and crimes of administrative corruption and ensuring the necessary protection for judges.
A statement by the Supreme Judicial Council, received by Mawazine News, stated that “the President of the Supreme Judicial Council, Faeq Zaidan, received today Prime Minister Mustafa Al-Kazemi,” noting that “the meeting was attended by the Deputy Chief of the Federal Court of Cassation, Zaidoun Saadoun, the Chief Public Prosecutor, Najm Abdullah, and the Head of the Judicial Oversight Authority.” Tired Muslim.
The statement added that the two parties discussed “cooperation between the executive and judicial authorities in combating terrorism and crimes of administrative corruption and ensuring the necessary protection for judges.” Ended 29/N33 LINK
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