Tues. AM TNT News Articles from Iraq 4-11-23




A Shiite authority declares April 21 the day of Eid al-Fitr based on its jurisprudential building

Baghdad – Nas  

The office of the religious authority, Kamal al-Haidari, announced that the first day of the month of Shawwal will be on Friday, April 21, 2023.    

The reference office said in a statement received by NAS (April 11, 2023), that “this is based on the jurisprudential structure of the reference, which depends on accurate scientific and astronomical calculations that indicate that the central conjunction (the central new moon) will occur on Thursday, April 20, 2023 at 04:12 UTC.”  

Karbala suspends official working hours for tomorrow, Wednesday

On the occasion of the anniversary of the martyrdom of Imam Ali (peace be upon him), the Governor of Holy Karbala, Eng. Nassif Jassim Al-Khattabi, extends his deepest condolences to our Maulana Sahib of the era and time, our great references, to the Islamic world in general, and to the Iraqi people in particular

Praying to God Almighty for steadfastness on the approach of the immaculate imams, peace be upon them, and to grant security and security to Iraq and the Iraqis On this occasion, the Governor announces the suspension of official working hours for tomorrow, Wednesday , corresponding to the 12th of April, with the service and security departments continuing to provide their services to citizens.




“It owns Apple, Google, and Amazon data centers.” A major international company makes an offer to Iraq

Economy News – Baghdad

The Governor of the Central Bank of Iraq, Ali Mohsen Ismail Al-Alaq, met with a delegation from Iron Point Iconic.

The central bank’s media office said in a statement that the company is “one of the largest owners of data centers in the world, operating in more than 26 markets in the United States, Europe and Asia, and the company owns data centers for the largest global technology companies with the development and operation of those centers, including Apple, Microsoft, Google, and Amazon.”

According to the statement, the governor of the Central Bank said after the meeting, that he received “a presentation from the company on global growth trends in the data center market, which is expected to double its profits in the next four years to reach about $ 720 billion,” noting that “the company is looking forward to investments and development of data centers in Iraq to facilitate the transformation of the Iraqi economy to digital.”

The governor stressed “the desire of the Central Bank of Iraq to develop its infrastructure, and the need to store and operate data on Iraqi territory to protect national security, and in line with international best practices

Sudan Advisor: Central Bank succeeded in increasing the strength of the dinar and began to approach the parallel price




{Economic: Al-Furat News} The financial and economic adviser to the Prime Minister, Mazhar Mohammed Saleh, explained today, Tuesday, that the Central Bank has succeeded in managing the file of controlling exchange rates and gradually reducing them.

Saleh told {Euphrates News}, “The Central Bank has succeeded in managing the file of controlling exchange rates and gradually reducing them through the electronic platform and the management of banks, which thus adapted to the work of the platform, which was reflected positively through the knowledge of the last beneficiary of remittances.”

He added, “These are positive indicators as we noticed the approach of the parallel market to the official exchange rate, and that monetary policy succeeded significantly in increasing the strength of the Iraqi dinar until the parallel exchange rate seemed to approach the official.”

Rashid stresses the need to develop banking systems and reduce red tape

The President of the Republic receives the delegation of the Iraqi Association of Islamic Banks

His Excellency the President of the Republic, Dr. Abdul Latif Jamal Rashid, received today, Tuesday, April 11, 2023, at the Baghdad Palace, the delegation of the Iraqi Association of Islamic Banks Group.

At the outset of the meeting, the President of the Republic congratulated the delegation on the establishment of the Association, wishing them success in performing their work.

His Excellency then spoke about the need to develop banking systems and reduce red tape, in addition to facilitating banking procedures related to investment and capital movement, and the President stressed the importance of supporting and encouraging the private sector, which deserves to flourish in order to improve the standard of living of the citizen, and support factories, merchants and simple stakeholders.

For their part, the members of the delegation reviewed the work of the Association in the various governorates, as they confirmed that it relies on the Islamic approach, noting that Islamic banks were suffering from the lack of a law of their own until 2015.

They stressed that they are working to encourage citizens to deposit and deal with banks, and that the laws are attractive to the investor, as they indicated that private banks are working to support the stability of the dinar exchange rate in the market, expressing their hope to amend the government debt collection law. link




Source: Dinar Recaps


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