04 August, 2012 03:57:00
Called on the Iraqi government on Saturday Kuwait to take serious steps in to remove Iraq from Chapter VII.
said government spokesman Ali al-Dabbagh said Iraq began several steps and we expect similar moves from Kuwait to end this chapter and the start of new relationships based on respect for sovereignty and the promotion of trade.
Saturday 4 August 2012Agencies- charged economy and Investment Committee member of National Alliance MP Salman al-Musawi, the Central Bank to override the powers of Deputies and Ministers with regard to the replacement of local currency.
Al-Musawi said in a press statement: “when meeting with Central Bank Governor and his Deputy found that the draft does not delete zeros from the currency, but replacing the entire national currency with change their symbols and format and enter the Kurdish language, and this is not the work of the Central Bank because it is a great project that affects all spectrum of the Iraqi State and doctrines. (more…)
Date: Monday 08/06/2012 12:00:59
Baghdad (news) .. Said banking expert Mohsen Ali, the importance of using credit cards to citizens in banking transactions for ease of disposition of funds, calling for universal work in all government and private banks.
Ali (of the Agency news) said on Monday: The credit card (Alvezacard) and (Mastercard) are necessary very in banking, because they dispense with the use of the money supply moving to the citizen Ptaamlath in the local market. He pointed to: that the financial system in Iraq is about to start a financial electronic art called “divided the national will” help to promote credit cards and expands the spread, indicating that the card services credit will make the dealers in the local market, obviating the use of the money supply because it has become a phenomenon tiring and expensive. (more…)
The latest daily currency auction was held in the Central Bank of Iraq on the 6-AUG-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 33 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 307,660,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 307,660,000 |
| Total offers for selling (US$) | —– |
Date: 2012-08-06 14: 49: 36 Monday
Baghdad (News) … Navsht parliamentary Finance Committee with the Central Bank of Iraq, the latest developments in the fight against money laundering. (more…)
Five of 15 economists in the top 500 Iraqi Arab figure for 2012
08/06/2012
BAGHDAD / JD / .. issued by Arabian Business list included the top 500 personal Arabic for 2012 issued by the Saudi businessman Prince Alwaleed bin Talal, followed by the UAE, Sheikh Ahmed bin Saeed Al Maktoum, both from the economic figures in the Arab world. (more…)
06/08/2012 10:59
ERBIL, August 6 (AKnews) – Iraq’s deputy minister of labor and social affairs announced that 16 percent of Iraqis are unemployed and the ministry has plans to reduce this number.
Dara Yara said the ministry has a plan to eliminate unemployment in the country by 2016. (more…)
05.08.2012
Erbil, in the framework of a joint project between the Government of the Kurdistan Region and the United Nations Development Programme (UNDP) to assess the requirements economic and social infrastructure to the Kurdistan Region, peace Michel Del Bono, head of a group of experts of the United Nations Development Programme, a preliminary report on the project to Dr. Ali Sindi, Minister of Planning in the Regional Government Kurdistan. (more…)
