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KTFA
Clare » August 28th, 2024
Including Iraq.. Three countries have the highest number of investment contracts signed during the month
8/28/2024
A report by the British magazine “MEED” stated on Wednesday that three countries, including Iraq, had the highest number of investment contracts signed in July.
The magazine stated in a report, which Shafak News Agency reviewed, that “the Middle East and North Africa region witnessed the signing of investment deals worth $23.9 billion in July.”
The report explained that “Saudi Arabia ranked first among the Arab countries by signing investment contracts worth 14.3 billion, while the UAE came in second place by signing contracts worth 4.2 billion dollars, while Iraq came in third place by signing investment contracts worth 2.5 billion dollars.”
He pointed out that “Egypt awarded contracts worth $2.1 billion, Kuwait $515 million, Oman signed contracts worth $140 million, Bahrain $33 million, and Qatar $27 million.” LINK
Dollar prices continue to decline against the dinar in Baghdad markets
8/28/2024 Baghdad
The exchange rates of the US dollar fell this morning, Wednesday, in the markets of Baghdad and in Erbil, the capital of the Kurdistan Region.
The dollar prices witnessed a decline with the opening of the Al-Kifah and Al-Harithiya stock exchanges, recording 148,850 Iraqi dinars for every 100 dollars, while yesterday, Tuesday, it recorded 149,000 dinars for every 100 dollars.
The selling prices in the exchange shops in the local markets in Baghdad recorded a decrease, as the selling price reached 149,750 dinars, while the purchase price reached 147,750 dinars for every 100 dollars. LINK
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Digital platform for financial efficiency books, financing plans and their controls
August 28, 2024
Based on the Central Bank of Iraq Law No. (56) of 2004, as the sectoral body supervising the work of all licensed financial institutions, and within the framework of this bank’s orientation towards automating the work of the banking sector, as well as supporting government efforts in implementing its contracts, a digital platform was created that includes establishing a new mechanism for issuing (financial efficiency books, and financing plan books) from all licensed banks, and their controls ..
Source: Dinar Recaps
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