Date : 25/07/2012
UNITED NATIONS, July 25 (KUNA) The Security Council on Wednesday extended the mandate of the United Nations Assistance Mission for Iraq (UNAMI) for a period of twelve months, and called on Baghdad to continue to cooperate with Kuwait to address the outstanding issues (more…)
Archive for July 25, 2012
UNSC extends UNAMI mandate; Urges Baghdad to address outstanding issues with Kuwait
Posted: July 25, 2012 in Iraq: Chapter VII, Iraqi Dinar/PoliticsTags: Baghdad, Chapter VII of the United Nations Charter, council, Invasion of Kuwait, Iraq, kuwait, Kuwaiti, United Nation, United Nations Assistance Mission in Iraq, United Nations Security Council
Crisis between Baghdad and Kurdistan Region to be resolved soon, says legal expert
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Council of Representatives of Iraq, erbil, Iraqi Kurdistan, Kurdistan Region, Kurdistan Regional government, Ministry of Natural Resources, State of Law Coalition
ERBIL, July 25 (AKnews) – An Iraqi legal expert said he is counting on the results of the efforts of the parliamentary committee responsible for monitoring the oil disputes between Baghdad and Erbil after visiting and meeting with officials in the Ministry of Natural Resources in the Kurdistan Region, adding that the crisis will be resolved during the next two days (more…)
Shabibi: Two British and German responsible for new Iraqi currency
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: British Museum, Central bank, Central Bank Iraq, Currency, Iraqi dinar, Money supply, Sinan Al-Shabibi, United States Senate Committee on Finance
Announced the Iraqi Central Bank Governor, Sinan Shabibi, the bank chose a British company and the other German, among many international companies, to complete the process of printing the new currency.
Committee on Economics: Introduction of the Kurdish language in the new currency does not require the enactment of the CBI’s approval
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Arabic language, Central bank, Central Bank Iraq, Constitution of Iraq, Iraqi dinar, Kurdish, Kurdish language, National Alliance
On: Tuesday 07/24/2012 19:35
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A member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi, The introduction of the Kurdish language in the new currency after deletion of zeros of the three of them do not need legislation to the law, but only with the consent of the Central Bank as the competent authority to do so. (more…)
CBI Deputy Gov: the project (split national) is important and does not need to legislate a special law by the
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, bank, Central bank, Deputy Governor, Iraq, Muhammad, Politics of Iraq, Private bank
Dated: 25/07/2012 11:04:34 Wednesday
Baghdad (news) .. The Deputy Governor of the Central Bank of the appearance of Mohammed, that the draft (split national) between the banks do not need to enact a law, likely implemented early next year after completing the procedures relating to it.
said in favor (of the Agency news) said on Wednesday: The law of the Central Bank allowed the central issue regulations and regulations concerning the payments system and their own projects as a project divided the national, which links all government banks and private network, unified communications, therefore, divided the national does not require new legislation of its own. (more…)
CBI decides to act to support the quota system, banks
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: banking, CBI, Central bank, Dinar, economy, Iraq, quota
25/07/2012 12:17
BAGHDAD / Center Brief for the Iraqi Media Network – Central Bank of Iraq announced that he decided to work to support the quota system, all banks and improve the commercial reality in the country. (more…)
Economist Opinion: close the exchange offices in violation of instructions for Silom to deter money laundering and smuggling currency
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Central bank, Currency, Economy of Iraq, Hard currency, Iraq, News agency, Office
Date: 2012/07/25 13: 32: 08 Wednesday
Baghdad (News) … Ibrahim Al-Mashhadani hailed, Economist, Central Bank actions for closure (190) Office of finance as a result of irregularities in the circulation of hard currency.
He said Al-Mashhadani (News Agency news) on Wednesday: that a Central Bank action sound and good to deter smuggling hard currency and reduce the laundering process, adding, these offices became the serious attention it channels as it affects the dollar amount in the market and raise the value of the dinar. (more…)
Finance Minister: Iraq’s economy will not be affected by the crisis the Syrian
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Economy of Iraq, Finance Minister, Iraq, Politics of Iraq, Syria, Syrian people, Wednesday
Dated: 25/07/2012 11:54:44 Wednesday
Baghdad (news) .. Ruled Finance Minister Rafie al-Issawi, affected the economy of Iraq crisis, the Syrian.
as revealed to take the cabinet decision to allow the transfer of in-kind assistance to the Syrians through the border crossing points through the Iraqi tribes and humanitarian organizations. (more…)
Iraq’s 2013 budget projected at $108 billion
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Central bank, Central Bank Iraq, Council of Ministers, Currency, Economy of Iraq, Iraq, Iraqi dinar, reuters
Posted 25/07/2012 09:26 AM
Babinaoz (Reuters) – The Ministry of Planning planning budget for next year by $ 108 billion. The Minister of Planning Ali Shukri: “The Ministry has started the preparation of the planning budget for 2013 which will be worth the projected $ 108 billion.” And explained that “the balance of 2013 will focus on economic development projects and that would revive the Iraqi economy.” (more…)
Iraq Council of Ministers Approve $500 Million To End Kuwait Airline Dispute
Posted: July 25, 2012 in Iraqi Dinar/PoliticsApproval to pay $500 million to resolve the problem of Kuwait Airways
07/25/2012
BAGHDAD / JD / .. Iraq agreed to pay $ 500 million to Kuwait to settle the problem of the airline.
He said government spokesman Ali al-Dabbagh said in a statement received a JD / copy of it: that the Council of Ministers approved in its session the usual thirty-second of an amicable settlement signed between the Iraqi Transport Minister and Minister of Communications of Kuwait to resolve the problem of Iraqi Airways and recommend to the House of Representatives for the allocation of $ (300) million within the budget in 2012 and (200) million in the budget in 2013. ” (more…)
07/24/2012 0:00
said the President of the Central Agency for Standardization and Quality Control that there are many reasons to postpone the application of tariff law.
Engineer Saad Abdel-Wahab Abdel-Qader said reasons many stands behind the postponement of tariff law the most important that the law guarantees to impose the tax on some raw materials used in Iraqi industry which is a block to the wheel of industrial development which is expected to provide more. (more…)
Iraqi bank creates the first bank for the poor with a capital of 250 billion dinars
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, bank, Bank Takaful Islamic, Central bank, Central Bank Iraq, exchange rate, Iraq, Iraqi dinar
07/25/2012
Announced an Iraqi bank its intention to establish a bank in his country would be called “Bank Takaful Islamic,” adding that the bank will be the first bank for poor people in Iraq and the Arab world. Deputy Chairman of the Iraqi Islamic Bank Abdul Salam Joaad Janahi for / Arabian Business / seek a personal initiative to establish a bank in Iraq, I will call upon the name of “Bank of Takaful Islamic (Bank of the poor) with a capital of 250 billion Iraqi dinars.” (more…)
The launch of a new network to control the Iraqi rail via computer
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Embassy of the United States Baghdad, Iraq, Iraqi government, Iraqi Republic Railways, Politics of Iraq, Radio, Umm Qasr
The U.S. Embassy in Baghdad Web site that the U.S. Embassy and the Iraqi Republic Railways has celebrated the launch of a new system to control the conduct of Trains via computer and microwave radio communications network in Iraq. (more…)
CBI Currency Auction for July 25, 2012
Posted: July 25, 2012 in Iraqi Dinar/PoliticsTags: Auction, Central bank, Central Bank Iraq, Dinar, exchange rate, Iraq, Iraqi dinar, United States dollar
The latest daily currency auction was held in the Central Bank of Iraq on the 25-JUL-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 28 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 255,994,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 255,994,000 |
| Total offers for selling (US$) | —– |
