Dear XXXXXXX
I contacted one of the committee members and he informed me that the FIL and its clauses will be enacted in April and once implemented we will make the needed arrangements for transferring stock ownership and I will keep you updated accordingly posting the details in the Forum. For the time being it remains two trading sessions a week and perhaps when the ISX goes electronic around May there might be a further increase in the number of trading sessions held per week. I don’t think it will reach 10 trading sessions a week because we only have 5 working days in a week.
My department has organized the stock portfolio of each client and arranged our stock certificates such that transfer of stock ownership will be completed swiftly, successfully within a minimum time frame. Everything is very well intact and we have been preparing our working procedures accordingly and our clients will be delighted of the high quality performance.
I appreciate your kind words in the Forum and my number priority is to serve the best interest of our foreign investors who represent the back bone of our enterprise and its continuous success.
Best regards,
Manager
International Foreign Relations Dept.
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06-03-2007, 12:13 PM #111
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Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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06-03-2007, 12:17 PM #112
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Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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06-03-2007, 12:22 PM #113
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So, "enacted" is not the same with "implemented"?
I thought that date when they publish it in the Gazette is the date when the law becomes active. I might have had it wrong?? Bad, bad girl!!!- The Affiliate Cash Secrets Training Course - How to Build Your Own Automatic Money Machine
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06-03-2007, 12:25 PM #114
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Babel Makki Mohammed Rdam
مازال النقاشمنStill inevitable debate on the theme price support, since the announcement of the draft or after Bremer Economic and vision in the open market mechanism, while embarrassed many economists, inside the country and outside of the American and Western sudden and insisting on the dismantling of the Iraqi economic relations, which was based on a kind of balance between the public and private sectors
.Hand and between them and the cooperation and combined, this balance achieved over eighty years of the last century of effort people Iraqi political contribution aware of the institutions of civil society and the university and scientific institutions, in spite of the miles since the beginning of the last century to the 1980s destabilize the balance of semi-stable relationship patrol that lasted for two decades in the blunders are not as liberal or orientation programmed - planned economy - such as the adoption of the concepts of untested in economic reality, nor does it belong to the economic theory known as the explosive development was spent billions of dollars under its umbrella, which are based solely on the basis of exchange without consideration or orientation, , which was named in a timely manner to mean : spending in all directions, and the accompanying rental and sale of facilities to the members of public ownership of the system without the feasibility study economic, handing departments factories and public-sector facilities to the leaders of either corrupt or ignorant or non-insured duties and the role of this sector in social development, accompanied by extensive education campaign and the uselessness of the production of these facilities and they become flaccid large number and wide of employment and sex than the capacity of its activity and size, while the real motive for the attack on the public sector State is over workers and producers to the mobilization of military and manufacturing plants absorbed, depriving the productive sector of manpower, technical and wasted opportunities confirmed shifts economic and social development.
على السواء.After striking installations and facilities task, which was chaired by former economic reconstruction characterized weak - but enjoyed a certain independence was dictated by the circumstances of the international embargo imposed for the truth while secretly put the fact that there is no economic theory through the long history capable the lower prices in the medium to long term, and all the economic systems of different social sectors.
انما .But there is in the so-called economic tests lodge prices and not reduced and lies at the heart of this matter revealed the true relationship Independent and among the components of the pillars of economic reconstruction of a particular country and the possibilities of change this relationship for the future because of the changed conditions of stability.
ومن هنا .Hence, we understand that the economies which maintained a constant level of prices relative from other economies of other countries was because of the stability of this relationship resulting set by the commodity price or prices of certain goods, and often these economies among those that enjoy considerable autonomy from external influences sudden and accomplishments of the hand and Kotahaaltjari based on the efficiency of the productive sectors industrial, agricultural and extractive and service unit internal economic balanced and organic interrelation between the nature of the raw materials used and the existing industries on the other hand.
لذا فان.Therefore, accept or adoption of the new political formulas and policies put forward without a clear economic philosophy based on the characteristics and features of society Iraqi material tangible and intangible and curriculum historical in the law and politics, the economy, lead to serious consequences in the form of access to the living The life and the future construction of a model community desired.
الدولية.We often hear during our economic Avenue, during the discussion of economic phenomena, and economists, will be responsible for advanced in the State, or economic thought that the Avadh never to discuss the issue of the lifting of subsidy on the prices of basic foodstuffs, the prices of oil derivatives, or ration because this a waste of time and that it was only waiting for us dictates Fund and the World Bank to determine new steps, and we believe that we can this deficit intellectual and theoretical research and bridge sections can be hard to develop a conceptual understanding or develop a national economic in the light of the conditions and characteristics of Iraqi and regional as well as international.
Translated version of http://www.alsabaah.com/
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أكثر خبر قراءة في الاقتصادية
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06-03-2007, 12:30 PM #115
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With FIL enacted at 2 am on March 7, I expect today to be a big day. It is 2 am in Iraq as we speak. I saw the Gazette was updating while I was reading it.
The newspapers did not pick up the news yet ( int he middle of the night). We will see the CBI auction on the 7th ....keeping fingers crossed !
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06-03-2007, 12:31 PM #116
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F.i.l.
Hi,
Are we still thinking that if the F.I.L. is to be enacted next month and the HCL imminent that if they dont revalue before then that it would somewhat foolish as the country would be bought up for peanuts.
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06-03-2007, 12:35 PM #117
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06-03-2007, 12:39 PM #118
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PEOPLE, THE FIL IS IN THE OFFICIAL GAZETTE AS OF TODAY!!!
WHICH PART DON'T YOU UNDERSTAND??
HERE IS THE LINK TO THE GAZETTE:
جردية الوقائع العراقية
HERE IS THE LINK TO THE LAWS THAT THEY JUST ENACTED TODAY:
جردية الوقائع العراقية
(To open the pages of this number, please install the Acrobat project proposals under)
* Code laws import and sale of petroleum products (No. 9) of 2006, Al-Ahram * Investment Law No. (13) of 2006, Al-Ahram
HERE IS THE LINK TO THE PDF LAW ON THE GAZETTE:
http://www.uruklink.net/iqlaw/4031/U...Scanned-04.pdf
....now, I am taking my toys and I am going home, cause no one is listening.- The Affiliate Cash Secrets Training Course - How to Build Your Own Automatic Money Machine
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06-03-2007, 12:39 PM #119
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06-03-2007, 12:41 PM #120
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