Iraq Economic News and Points to Ponder Sunday Afternoon 2-9-25

0
37

The Central Bank Determines The Mechanism For Buying And Selling Real Estate Through Banks

Sunday 09 February 2025 17:31 | Economic Number of readings: 48   Baghdad / NINA / The Central Bank of Iraq announced the determination of a new regulation on the mechanism for buying and selling real estate through officially licensed government and private banks.    https://ninanews.com/Website/News/Details?key=1184647

The Prime Minister Affirms The Aspiration To Strengthen The Bonds Of Constructive Cooperation Between Iraq And Kuwait

Sunday 09 February 2025 | Politics Number of readings: 240  Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed the aspiration to strengthen the bonds of constructive cooperation between Iraq and Kuwait.

A statement by his media office stated that Prime Minister Mohammed Shia Al-Sudani received today, Sunday, the Ambassador of the State of Kuwait to Iraq, Mr. Hassan Muhammad Al-Zaman.

According to the statement, Al-Sudani congratulated the Kuwaiti ambassador on assuming his new duties in Iraq, wishing him success in his work, pointing to the depth of relations between the two countries, and the importance of consolidating and expanding them at various levels and levels.

Al-Sudani stressed, during the meeting, the aspiration to strengthen the bonds of constructive bilateral cooperation in several fields, pointing to the available opportunities, and the availability of an appropriate investment environment for the work of Arab and foreign companies, including Kuwaiti companies.

He also stressed that the door is open for the sisterly State of Kuwait to enter into development path projects, and to benefit from the announced investment opportunities, which contributes to enhancing economic integration and interconnected interests between the two countries. /End https://ninanews.com/Website/News/Details?key=1184617

Dollar Slightly Declines In Baghdad

Stock Exchange   Economy News – Baghdad   The exchange rate of the US dollar against the Iraqi dinar fell slightly in Baghdad markets today, Sunday.

The dollar prices witnessed a decrease in the Al-Kifah and Al-Harithiya stock exchanges, recording 150,350 dinars for every 100 dollars, while it recorded 150,400 dinars for every 100 dollars yesterday morning, Saturday.

Selling prices in exchange shops in local markets in Baghdad recorded stability, as the selling price reached 151,500 Iraqi dinars for 100 dollars, while the purchase price reached 149,500 dinars for 100 dollars.   https://economy-news.net/content.php?id=52626

Gold Prices Stabilize At Historic Level In Baghdad

Stock Exchange   Economy News – Baghdad   The prices of “foreign and Iraqi” gold stabilized in the local markets in the capital, Baghdad, today, Sunday (February 9, 2025) at unprecedented levels in the country, amid the rise in the prices of the precious metal globally as a safe haven.

Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price for one mithqal of 21 karat Gulf, Turkish and European gold of 605 thousand dinars, and a purchase price of 601 thousand dinars.

The selling price of one mithqal of 21-karat Iraqi gold was recorded at 575 thousand dinars, and the purchase price was 571 thousand.

As for gold prices in goldsmiths’ shops, the selling price of a mithqal of 21-karat Gulf gold ranges between 605,000 and 615,000 dinars, while the selling price of a mithqal of Iraqi gold ranges between 575,000 and 585,000 dinars.    https://economy-news.net/content.php?id=52628

Industry Holds Conference On “Accelerating Procedures And Investment Security”

Saturday 08 February 2025 12:38 | Economic Number of readings: 196   Baghdad / NINA / The Ministry of Industry and Minerals, in the presence of Minister Khaled Batal and a large group of industrialists and businessmen, held a conference entitled (Accelerating Procedures and Investment Security).

The conference aims to introduce the ministry’s steps towards automation and digital transformation of the services provided by the General Directorate of Industrial Development and the Directorate of Trademark Registration, to support industrialists, traders and factory owners and encourage the establishment of new factory projects / https://ninanews.com/Website/News/Details?key=1184420

For current and reliable Iraqi news please visit:  https://www.bondladyscorner.com/