Clare » April 20th, 2023
Iraq market stops its activity for five days
The Iraqi Stock Exchange announced, on Thursday, that it has stopped its activities for five days.
In a statement received by Shafaq News agency, the market said, “Based on the Cabinet’s decision to declare an official holiday for five days on the occasion of Eid Al-Fitr, it will not organize trading sessions, starting from Thursday, April 20, until next Monday.”
He added, “The first trading session after the Eid holiday will be on Tuesday, April 25, according to its official timing.”
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions per week, from Sunday to Thursday, and includes 103 Iraqi joint stock companies representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism, hotels and services. LINK
The Minister of Finance directs Al-Rasheed and Al-Rafidian employees to work during the Eid Al-Fitr holiday
Finance Minister Taif Sami directed the employees of Al-Rafidain and Al-Rashid Banks to work during the Eid Al-Fitr holiday. A statement by the ministry, received by “Al-Mutala”, stated that “the Minister of Finance directed the employees of Al-Rafidain and Al-Rasheed Banks to work today, Thursday, and tomorrow, Friday, and throughout the days of the Eid Al-Fitr holiday, for the purpose of completing the procedures for paying employees’ salaries for the current month.”
Below are the specific branches of exchange in Baghdad and the provinces: LINK
Source: Dinar Recaps
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