Iraq is now a member of the world’s largest corporate responsibility pact, the UN Global Pact.
Signatories to the agreement include 135 countries, more than 6,000 companies, and about 3,000 non-governmental organisations from around the world.
“Iraq’s membership in the agreement will give it the chance to verify the credibility, transparency, and track record of the companies that are signatories to the pact, based on grounds and criteria that are transparent and accepted locally and internationally,” secretary-general of the Iraqi cabinet Ali al-Allaq said at a press conference Saturday (October 15th). (more…)
15-11-2011
Expert confirms that budget 2006 allocated $ 500 million for 3 development banks did not see the light
Director Abdel Aziz al-Hassoun told the world that the government monopoly on foreign transactions, while the private banks better servicesAbdul Aziz al-Hassoun of the Executive Director of the Association of private banks (particularly in the world)
The Executive Director of the Association of Iraqi banks to the private banking sector in Iraq provides incentives to win customers, better than that provided by the State banks, excluding Iraq be affected directly by suffocating economic crisis plaguing the world, although he said that the Government refrain from providing adequate data and details about local growth trends, and keep private banks have an unclear about this.
