The Dinar Daily, Thursday April 23, 2015 - Page 11
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Thread: The Dinar Daily, Thursday April 23, 2015


    
  1. #101

    Re: The Dinar Daily, Thursday April 23, 2015

    Council Basra refuses to apply the new customs tariff and considers it an attempt to hit economy

    4/23/2015

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    Alsumaria News / Basra
    declared the provincial council in Basra , on Thursday, rejected the new resolution to the Ministry of Finance requires activating the customs tariff law issued in 2010, saying the decision to try to displace traders from Basra to the provinces of Kurdistan
    The head of the provincial council Sabah Hassan Albzona during a joint press conference with a number Board members said that "the federal government continues to take arbitrary decisions against the southern provinces, especially Basra, after the decision to increase the wages of electricity, issued a Ministry of Finance decision to increase customs duties on imported goods, "noting that" the Council rejects categorically implementation of the resolution in the incident of border crossings in the province unless it is implemented in the Kurdistan region and the provinces of Western outlets. "


    He Albzona During the conference, which was attended by Alsumaria News , that "the decision, if enacted, will result in higher prices of goods in the local markets, thereby increasing the suffering of the citizens of the high cost of living, and will almost certainly lead to the displacement of traders from Basra, so they will import goods through provincial outlets instead of conservative outlets, "calling on the Ministry of Finance to" review its decision issued a few weeks ago, and we will not allow the application of the decision within the administrative borders of the province unless implemented, the resolution first in the Kurdistan region of outlets, and that does not include some of the necessary food and agricultural and construction goods. " In turn, the head of the border crossing points in the provincial council Murtaza cream lipodeca said during the conference that "the Ministry of Finance was in prior to the issuance of the decision to implement projects for the rehabilitation of border crossings, or to put stations weight truckloads near those ports for control of the truck that caused Ptdharr a lot of the streets of Basra, "adding that" the provincial council will not remain silent about the unjust decision, and will do its utmost to prevent the implementation of the resolution because it will adversely affect the flow of imported goods through conservative outlets, also pays traders to import goods through the region outlets instead of border crossings land, sea and air, located in the province of Basra. " He pointed lipodeca that "the ministry's decision if it is designed to protect consumers, the consumer refuses to increase the prices of goods, and if the objective of the national product support The factories mostly Off local goods are rare in the local markets." For his part, Chairman of the Committee on Economic Development in the provincial council Aqeel Ibrahim al-Khalidi said during a press conference that "the decision than perfectly clear, it aims to transform the imported goods from Basra ports to ports, the region until the Kurdistan benefit of damage to Basra account," adding that "all officials, including Prime Ministers, Ministers, when they visit the Basra talk too much about Mahrometha economic importance, but stick their return to the capital they forget everything they said about the province did not get after the federal government on the minimum entitlements in all areas. " The province of Basra, which is the beating heart of the economy Iraq has five commercial ports, is the stronghold, or the Northern Palace, or the Southern Palace, Khor Al-Zubair, Abu Flus, also contains the international airport receives daily aircraft to transport passengers and goods, and to maintain implementers border crossings onshore, two Shalamcheh port with Iran, and the port of Safwan with Kuwait and the local government was announced two years ago its intention to move towards the opening of territorial access third with Saudi Arabia, but abandoned the proposal, especially after the provincial council decided to ban the import and trading of all kinds of goods Arabia.

    https://www.alsumaria.tv/Entity/13354...um=entity_name



  2. #102

    Re: The Dinar Daily, Thursday April 23, 2015

    Zain Iraq has applied for a listing on the Baghdad stock exchange (ISX).

    4/23/2015

    0 Comments


    As part of their 15-year licences awarded in 2007, Iraq’s three mobile network operators — Zain, Asiacell andKorek — were required to float at least a quarter of their shares and join the Iraq Stock Exchange (ISX) by August 2011.
    So far only Asiacell has floated, and fines are being levied against the others Abdul Razzaq Al-Saadi [Abdul Razaq Dawood Al-Sa’di], Chairman of the Iraqi Securities Commission (ISC), told Reuters They (Zain Iraq) have preliminary approval … There are some technicalities that need to be ironed out, such as the mechanism of listing and subsequent trading and some further requirements from Zain that they have pledged to sort out.” Once given final approval Zain Iraq will have two months to list otherwise its application will be void.

    https://www.iraq-businessnews.com/201...share-listing/
    Last edited by Romello; 04-24-2015 at 03:07 AM.

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