Post From Dinar Updates
Chat Room Excerpts & Highlights
Rcookie / Mr White & Hutch News Time Chat 9-21-16 Part 1 of 2
hutch says():TESTING TESTING TESTING…. BUMP BUMP BUMP IS THIS THING ON ?
hutch says():HELLOOOOOOOO EVERYONE !!!!!!!
scottiegirl says():Hiya Hutch!
daytrader says to hutch():HELLOOOOOOOO HUTCH
hutch says():IS ANYONE READY FOR SOME NEWS ????? IF SO….. SOUND OFF !!!!!!!
rcookie says to hutch():HUTCHSTER!!!!!!!!!!!
Okie Dinar says():Hey there!
daytrader says to hutch():YES
hutch says():WE HAVE TONS OF GREAT NEWS TONIGHT AND A REALLY BIIIIIGGGGGGG CALL IN IN THE LINEUP
ol lar says():I would like to know if there is any more proof about a possible change in the Iraq GOI Fiscal year
hutch says to ol lar():NO ..... AS OF NOW.
ol lar says():k
hutch says to ol lar():GREAT QUESTION
rcbegan1 says():As I understand, the oil revenues are paid in USD, If that is correct, where do those dollars go? CBI?
hobie1965 says():how can I get on the call on my pc . My phone AT&T doesn't like me doing these calls
me says():Is there a free conferencing site to hear the call?
larrykn says to hobie1965():it will be recorded an you can hear it probably tomorrow
BGG says to hobie1965():It will be recorded - I load it up after it's over with. You just click on the Call Banner and get going.
SRW says to hutch():If the ISX in Iraq is not being implemented until the first quarter of 2017, does that mean that there will not be an RV until the first quarter of 2017?
bubbles says():will they be going into more on the Stock Exchange
hutch says():Iraq Stock Exchange launches instructions online trading system for investors
Author: AR, HH Editor: AR, HH 21/09/2016 13:02 Number of Views: 801Long-Presse / Baghdad Uncover Iraq Stock Exchange, Wednesday announced the launch of the trading system instructions via the Internet, as he emphasized that the service will be launched in the first quarter of 2017, pointed to the provision of five brokerage firms to work the system.
The executive director of the market, Taha Ahmed Abdul Salam said in an interview to the (long-Presse), that "the Iraq Stock Exchange issued a trading instructions via the Internet to investors after obtaining the required official approval according to the law, which include the procedures, mechanisms and systems required by the Iraq Stock Exchange and brokerage firms taken in order to obtain a license to provide this service for investors, "noting that" the service will be launched in the first quarter of 2017 ".
Abdul Salam said that "the market identified instructed disclosures required of brokerage firms, which include disclosure of the risks associated with investing and models to deal with investors' actions (Know Your Customer KYC), and commissions that Satkadaha mediator, as well as the requirements are carried out by investors to agree to their trading via the Internet." .
Executive Director of the market and continued that "the five brokerage firms submitted its application to the market to participate in the trading system via the Internet for investors, namely, (urban company, Rafidain, Spring Company, Carmel Inc., Elaf," pointing out that "the Iraq Stock Exchange takes several months ago organize lectures and workshops for brokerage firms and investors for the purpose of definition of these services. "
The Iraq Stock Exchange, announced Wednesday (20 April 2016), his intention to work remote circulation through the end of this year system in 2016, as he emphasized that it will contribute to "activate" trading and "attract" investment and "streamline" the work procedures.
ol lar says():I saw an article a week ago where the entire education dept will change their buisness year to start OCT 1, would you not think that the Ministries would all share Fiscal years? And would you not think the ISX would change fiscal year too?
hutch says to ol lar():WILL ADDRESS WHEN WE HAVE A OPEN SHOT AT IT
ol lar says():k
hutch says():NEXT ARTICLE FOR CALL
hutch says():Proposal to approve the foreign remittances Law
9/18/2016 0:00 BAGHDAD Mustafa al – Hashimi called for a banking expert Dr. Essam Mohamed for legislation or the adoption of a law on foreign remittances to reduce hard currency out of Iraq without achieving real returns contribute to the achievement of development of the national economy.
He said Muhammad's "morning" that the existence of such a law after studying extensive study will contribute to put the right foundation for trust business real banking, noting that the sale of the dollar at the central bank window allowed for a number of banks that profited them due to remittances and credits, what caused the reluctance of the social role and economic actor in the development process.
He stressed that the legislation conversion law the outside will contribute significantly to reducing tampering without the knowledge economy as it will reflect positively on the citizen by enhancing the likelihood of obtaining loans for the establishment of industrial shops in productive projects, among others.
he stressed the importance of hiring the proceeds of the oil dollar through development programs and other lending adopted by private and government banks under the supervision of the central bank if launches loans or advance for widows and young people and the rest of the categories that can be productive to strengthen the family economy.
hutch says to ol lar):GREAT QUESTION, IT IS ON THE FLOOR NOW BEING ANSWERED
hutch says():A new action plan to ease the pressure on the budget
102 Show Last update: Wednesday, September 21, 2016 - 10:30A
new action plan to ease the pressure on the budget
BAGHDAD / Hussein Tgb included another amendment to the Investment Law No. 13 of 2010, the developer concept, which came a new action plan to ease the financial pressure on the state budget, so the distribution of investment tasks.
Developer means »that is, or the company is implementing infrastructure fully for all specialized facilities of the city industrial, commercial or scientific or residential, and after the developer distributes investment opportunities on new investors have assumed the responsibilities of the implementation of various joints work»
President of the National Business Council of Iraq David Abdul Zayer said that another amendment was issued on the investment law to ensure the development of the developer axis that runs the first developer Bmvsalin and Almsttmr.oadav in an interview with «morning» that the first developer, which handles the creation of industrial infrastructure of cities or tourist, as well as residential to other major projects, which allows him law to receive the land and the provision of infrastructure full cycles of various roads and bridges and basic services.
Land division and said that the land, which provide them with infrastructure is divided and given to other investors through the first developer, eg if we want to build us a residential city to provide roads, sewer, telecommunications and water within the confines of this space is then divided space into residential land and other recreational spaces for services education and construction of places of worship and the requirements so cities.
And issued Investment Law No. 13 of 2006 in order to boost economic and social development process, development and bring technical and operational expertise and human resources development and creating job opportunities for Iraqis to encourage investment and support the establishment of investment in Iraq and expansion projects and development of various economic levels, the process and the granting of privileges and exemptions for these projects, so this law was enacted
He pointed out that the investment law, as amended protects the developer as well as investor and this is important Mnaf work investment and new element to attract contained Alastosmar.ofatt law that the new amendment granting the developer the right to grant the land to the investor under the investment license and the approval of the first developer and collection services and a portion of the amount of infrastructure that group spent to serve the new investor,
pointing out that in this case has investment indivisible and we can build a modern new cities a way that minimizes the costs of the investment business, where investment in major projects require large sums of money may not be strengthened by a single investor.
He said that this method enables the investor to work in a part of the project and the completion of the work assigned to him specifications defined and within the executive potentials and during the time period, indicating that these amendments get in cooperation with the local sector,
which has a lot of proposals capable of advancement of the national economy because he lives to the field of work and on familiar with the most important implementation of projects and determinants that prevent this requirement.
snowhite says():So much good news!
hutch says to snowhite():TONS OF IT !!!
SRW says to hutch():Really all that needs to be done is the reforms and laws that Rcookie mentioned on a earlier call. Being the Public Financial mgmt reforms, banking and supervision reforms for the RV to take place. I can't type tonight!!
hutch says to SRW():THERE YOU GO
SRW says to hutch():Thanks!! Style can't type tonight!!!
Soonergirlie says():financial managment law
jeffusa says to hutch():you get the date and rate today?
jeffusa says to hutch():did Subby find it in Chicago?
says to jeffusa():They just did - you missed it (I'll get the recording up next week...)..
BGG says to jeffusa()::D