Urgent Abdul-Mahdi: Today we entered into decentralization and Iraqi Oil stage belongs to all the regions and provinces of the country
[tlm724] , "We have entered the phase of decentralization, Mhiraly that the Iraqi oil belongs to all the regions and provinces of the country,
[tlm724] how about that !!!! *hallelujah*
Oil Minister: Dhi Qar Oil Company will be successful and We will set up other companies in the rest of the provinces
[tlm724] Oil Minister: Dhi Qar Oil Company will be successful and We will set up other companies in the rest of the provinces
[tlm724] I am pretty sure that will make the people very happy ! Bring on the oil companies
Kurdistan: keen on the implementation of the oil agreement no intention of shirking it
[tlm724] noting that "the Kurdistan region and is keen friendly big desire to implement the recent oil agreement signed between Baghdad and Erbil." :D
Finance Committee in connection with legislation guarantee deposits in the banking law
[tlm724] oh I like this one
[tlm724] Finance Committee unveiled legislation that seeks to guarantee deposits in the banking law after coordination with the government, *hallelujah*
[tlm724] while confirming that this law will help restore confidence in banks.
[tlm724] dayum skippy it will, the people won't be afraid to make deposits
[tlm724] The Commission seeks through discussion during the coming period to ensure the legislation deposits in the banking law,
[tlm724] you know what that means ? ^^^
[shunshine] tlm724 so right
[tlm724] that means the deposit law and the New banking law are being presented together, perhaps as one or in a basket Wink
[Shredd] This legislation is huge, especially at this time with the project to delete the zeros starting.
Protection of bank balances while transitioning from the dollar to the dinar and building confidence in electronic banking can only be possible if account balances will be protected. It's no coincidence that investment boomed in the US after balances had protection.
Parliamentary Commission of Economy call for amending the Banking Act to bring in investments
[tlm724] that the federal government is required to amend the Banking Act, the new format brings local investments and enhance the entry of global investment firms
[tlm724] remember what we read earlier Wink the banking law is with the deposit law, coming right up !
[tlm724] enhance the entry of global investment firms. According to the US Securities and Exchange Commission an investment firm is defined as :
Generally, an "investment company" is a company (corporation, business trust, partnership, or limited liability company) that issues securities and is primarily engaged in the business of investing in securities.
An investment company invests the money it receives from investors on a collective basis, and each investor shares in the profits and losses in proportion to the investor's interest in the investment company.
The performance of the investment company will be based on (but it won't be identical to) the performance of the securities and other assets that the investment company owns.
Iraq announces the use of sophisticated technology to users of smart card
[tlm724] Rafidain Bank confirmed the use of advanced banking technology for users of smart card in its branches inside and outside Iraq.
[tlm724] sweet ! Let it roll baby roll lol