Post From Dinar Updates
Chat Room Excerpts & Highlights
RCookie & Mr White News Time 8-5-16 Part 2 of 2
Hutch says(): NEXT ONE
Hutch says():General Authority for Bank / Sama Baghdad / Tgierasm bank decides to / Nuralarac Islamic / and increase its capital to 250
Approved the General Authority for Bank / Sama Baghdad / unanimously Tgierasm bank to / Nuralarac Islamic / and increase its capital from 100 Mlyardinaraly 250 billion dinars.
It also decided to General Authority at a meeting on Thursday Bhoudormmthleen from the Iraqi Central Bank and the Department of Registration of companies and a large number of shareholders the appointment of two observers to the accounts of the bank, and the election of indigenous members and reservists to its board of directors, as well as five members of the body of legality, as edema President and members of the Board of Directors of ex-been discharged .
Members have discussed the General Authority Tgarircil management of the bank for the year ended 31.12.2015 and the report of the accounts on the financial year ended budget observer at 12/31/2015.
Hutch says():AND A FAVORITE
Hutch says():Central Bank puts the instructions of investment funds in Iraq licenses
04-08-2016 10:43 AM
Central Bank puts the instructions of investment funds in Iraq licenses
Committee for preparation instructions licenses investment funds in Iraq, headed by Bank Antrza, Alkhamis, held a meeting to study the situation Help Investment Funds licenses in Iraq.
Executive Director of the Iraq market for securities Almalah, Taha Ahmed Abdul Alsalam, and said he was' under the guidance of the governor of the Iraqi Central Bank on the Keywords committee headed by the Central Bank and the membership formed every Mn, Securities Almalah, Market Iraq Body Exchange Almalah, addition to recording companies and the Association of Iraqi private banks circle '.
Abdul Alsalam, He added that 'the Committee held two meetings to date, the last day Alaravae, to study and develop instructions mutual funds licenses in Alarac', noting that' were some of the paragraphs for the work of this committee for the purpose of completing the stages of its work in the development of these instructions by regulating the legal basis put legal and adapt to the work of investment funds in Iraq. "
He explained that the 'funds that we mean it and that concern the Iraqi investment, economic development and attracting national savings, as well as foreign funds are savings for the economy Alaraca, investment funds as possible to be an Iraqi and possible to be foreign.'
Hutch says():THESE ARE THE TOPICS THAT WE WILL COVER ON TONIGHTS CALL
subgirl says to Hutch():awesome!!! :)
Hutch says():NOW !!!! LETS HAVE SOME FUN FOR A FEW MINUTES .... ANYONE UP FOR THAT ?
subgirl says to Hutch():yep!!!
rcookie says():HATE FUN.......ITS SO ......FUN
Hutch says():HOW ABOUT AN OPEN Q&A FOR 15 MINUTES OR SO
Hutch says():BIG NEWSTIME FRIDAY NIGHT HERE IN THE CHATROOM !
6:30 pm CST WITH RCOOKIE, HUTCH & MR.WHITE
FOLLOWED BY A LIVE CALL AT 7:30 CST
rcookie says():WORKS HERE
Hutch says():WE HAVE THESE TOPICS AND MUCH MORE ON THE CALL, BUT FOR NOW, ARE THERE ANY QUESTIONS
Hutch says():OPEN Q&A FOR A FEW MINUTES ....
rcookie says to daytrader():THOUGHT YOUD LIKE THAT !!!
daytrader says():You betcha
cjquade54 says():I'm sure we'd all like to know what we were trying to confirm these last 2 days
rcookie says to daytrader():AND UNIVERSAL BANKING REGULATORY LAWS THIS WEEK!!!
Hutch says to cjquade54():WE COULDNT DECIDE .... DECAF OR ........
Hutch says to cjquade54():IT WAS SIMPLY CONFIRMATION ON A FEW ARTICLES
Hutch says to cjquade54():WE WANT TO BE SURE OF WHAT WE BRING.... THERE ARE MANY UNTRUTHS OUT THERE ALREADY
RickeyT says():the bringing in of currency that was smuggled out of the country, will the currency we have co exist for a while or will we have a window to turn it in?
Hutch says():OK A FEW MORE MINUTES
Hutch says():BASED ON EVERYTHING WE SEE, IT WILL EXIST AS IT HAS
speakwell says():Among the factors encouraging foreign investment, how important is the current IQD low exchange rate?
Hutch says to speakwell():MIUCH OF THAT WILL BE COVERED IN TONIGHTS CALL
wmawhite says to speakwell():the low value is always good for a country to encourage investment...............in a limited capacity.......
wmawhite says to speakwell():however,........
wmawhite says to speakwell():with Iraq when the flood gates open, Iraq will need to leverage its currency with a greater value.
speakwell says(:Thanks, MR White!
wmawhite says to speakwell():yw
localcats says():what about the mcp?
rcookie says():THE INVENTORY OF CURRENCY OUTSIDE OF MARKET WILL BE ASSESSED IN SAME MANNER AS THAT INSIDE OF COUNTRY...AS FAR AS AUTHENTICITY ...NOTE CONDITION ETC ...
wmawhite says to localcats():what is it you ask about the mcps?
localcats says():have you heard any current news?
wmawhite says to localcats():the MCPs exists everytime there is an auction.
rcookie says to localcats():AND WE KNOW WHERE THEY STAND AGAINST THEIR AUCTION REDUCTION TARGET GOALS FOR 2016....
rcookie says():DO YOU REMEMBER WHAT THEY ARE TARGETING FOR REDUCTION...,
localcats says():ok thank you. i heard when they stop that game over
wmawhite says to localcats():Is that something we know as fact or is it something that someone thinks?
rcookie says():YES BUT THEY HAD A GOAL OF 75% REDUCTION OVER 24 MONTHS..
rcookie says():THRY REDUCED 25% IN 2015...AND LOOK TO REDUCE AN ADDITIONAL 50% IN 2016..
rcookie says():2016 YTD THEY HAVE DONE 3 BILLION LESS
Hutch says():OK LETS START WRAPPING UP AND GETTING READY FOR THE CALL.....
IN THE ROOM YESTERDAY AND TODAY, THERE WAS MUCH TALK ABOUT EO13303, YET NO ONE ASKED ABOUT IT. WE WILL COVER ON THE CALL ALSO
localcats says():i understand when they only have one currency the value will rise
Homefront says():I was over at the CBI and it looked to me as they may have moved from a daily to a weekly auction I could very well be wrong
rcookie says to Homefront():THEY HAVE STATED SUCH IN PAST...BUT THEN ADDED ADDITIONAL DAYS...
Homefront says():IC ty
rcookie says to Homefront():CANT WAIT TO GET TO THIS CALL...
dale says():So all these constructions prljects.are.maknly being funded the auctions or are there other mea s of revenue?
rcookie says():SO MUCH GREAT STUFF!
Hutch says():HAVE YOUR QUESTIONS READY FOR THE CALL, TOPIC SPECIFIC
rcookie says to dale():NO...WE WILL ADDRESS ON CALL...THE DEVELOPMENT PROJECT FUNDING COMING FROM VARIOUS SOURCES...BUT THE AUCTIONS NOT ONE OF THEM
Thanks everyone for tuning In
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