Archive for August 27, 2012

A member of the parliamentary Finance Committee, a coalition of law Haitham al-Jubouri said “the central bank decided to launch the new currency in the 7/1/2013 after postponing the launch in 1/1 of the current year. (more…)

Date: 2012-08-28 06: 38: 22 Tuesday

Baghdad (News) … Banking expert called on the optimizer to restructure the banking sector through controls and laws by the Central Bank of Iraq banks to apply because some banks operate without controls affecting economic activity, lost the confidence of the public.
(more…)

Prime Minister Nuri al-Maliki, “we have become today’s close access to solve all the problems under the Constitution and dialogue, and we are with the release of any Iraqi, on the condition that not be his hands stained with the blood of innocent people . ” (more…)

CBI said that the presence of branches of foreign banks in Iraq is an important part of Iraq’s accession requirements of the World Trade Organization.

The deputy central bank Mhaaft appearance of Mohammed Saleh today: “The Law of the Central Bank of figure 94 of 2004 allowed foreign banks to open branches in Iraq for the last open branches in various countries.” (more…)

08/27/2012

House resumes its sessions on Tuesday after the holiday lasted 22 days. Said a parliamentary source said that “the agenda of Tuesday’s session will include the first reading of the draft law on ratification of the Convention on amending the Convention on the establishment of Arab Shipbuilding and ship repair approved by Law No. [58] for the year 1974. (more…)

26/08/2012 09:43
BAGHDAD / Center Brief for the Iraqi Media Network – The Central Bank of Iraq sanctions on the Iranian side does not include transactions food and humanitarian. delegation was senior government has ended his visit last week to Iran.

said Bank Governor Sinan al-Shabibi’s (Center Brief for IMN) that ” trade relations with regard to food with Iran will continue on its nature, because it is covered by the draft UN sanctions. ” and added that “Iraq will abide Balaqrart internationalism regarding sanctions on Iran.” (more…)

Date: 27/08/2012 12:54:18 Monday

Baghdad (news) .. Proposed economic expert Dargham Muhammad Ali, the use of card Platinum credit (smart card) in major markets to ensure capacity use.

said Ali (of the Agency news) on Monday: The issue of TBI card Platinum credit to the public that can be used in banking and deposit and credit and payment Loans Z convergence large turnout to lack of familiarity customers on how to use them, explaining, that dealing in major markets and restaurants will know the public. (more…)

Date: 2012-08-27 10: 24: 45 Monday

Baghdad (News) … The Economist called Abdul Salem Al-igaily, nice to promote ATM in local markets and promote the use of credit cards by the citizens because it facilitates the circulation of money and reduce theft.

He said Al-igaily (the news agency news) Monday: ‘ n the subject of widening phenomenon in the ATM market, whether in stores or restaurants and cafes as well as promoting how to use credit cards by citizens (MasterCard and visa.) is something culturally by all developed countries of the world because it prevents fraud and reduce theft. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 27-AUG-2012. The results were as follows:

DETAILS NOTES
Number of banks 26
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 254,975,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 254,975,000
Total offers for selling (US$) —–

Exchange rates

Date: 2012-08-27 13: 00: 58 Monday

Baghdad (News) … According to a member of the Finance Committee of Kurdistan Alliance Deputy//Risalat Najib, increasing foreign banks in Iraq in accordance with the law No. 21/1997 would strengthen the work of Iraqi banks and supports the Iraqi banking sector.

Najib said (to news agency news) Monday: that the law allows for all foreign banks and Arabic to open branches in Iraq or the participation of Iraqi banks, according to the Central Bank controls, indicating, that the work of foreign banks promotes business promotes Iraqi banks and the banking sector. (more…)

Date: Monday 27/08/2012 08:22 am

between Deputy Chairman of the Finance Committee, Ahmed Hassan Faizullah, that the project to delete the zeros from the currency does not add anything to the national economy, adding it will cost him large sums of money for currency printing operations and others. (more…)

27/08/2012 12:00 am

In a visit next week
BAGHDAD – morning flag “Bri Center for the Iraqi Media Network” and a political and security delegation headed by Vice President Joseph Biden will visit Iraq in the U.S. third of next September.

Sources close to the government: “There is a U.S. move to discuss the political situation and the developments in the region and regional variables and their impact on Iraq. “Biden’s visit to Iraq, his first after the U.S. withdrawal from the country. , the sources said a telephone conversation took place between Prime Minister Nuri al-Maliki and Biden were thorough discussion of the Iraqi position towards what is happening in Syria of events, where the latter expressed his satisfaction with the position of Iraq and promise. (more…)

Monday, 27 August / August 2012 11:32

MP said the Iraqi List to meet Pink key House Speaker Osama Nujaifi and Prime Minister Nuri al-Maliki discussed in their meeting yesterday the National Conference mechanism and bilateral dialogues past and present.

She told all of Iraq [where], “Najafi and Maliki stressed in their meeting on the adoption of important laws that help in nation-building and security situation and ways to improve it.” (more…)

Published 27/08/2012 10:32 AM

Babinaoz – Agencies: left a meeting took place yesterday between Prime Minister Nuri al-Maliki and parliament speaker Osama Nujaifi agreement on a roadmap or work protocol of five axes. Has announced a statement issued by the Office Is Minister said the meeting stressed ” importance of cooperation between the executive and legislative branches to serve the interests of the people, and that the Constitution is the authority in dealing with all things. ” (more…)

(ESCWA) expects that the rate of growth in Iraq to 10.5 percent

27/08/2012

BAGHDAD / JD / .. predicted by the Economic and Social Affairs of the United Nations “ESCWA,” to reach the economic growth rate in Iraq to 10.5 percent.

committee said in a report released recently that it expects that rate to be growth in the Gulf states of 4.5 percent and in Iraq 10.5 percent , but most countries in the region will not exceed growth rate of 0.8 percent.

The report noted that this polarization in growth will lead to consolidation of instability dominant economic and social development in the region. (more…)

The company confirmed General Exhibitions and Trade Services of the Ministry of Commerce post 20 countries so far in the 39th session of the Baghdad International Fair, scheduled to begin on the first of November next.

A source in the company today, “were confirmed participation of 17 countries official in the Baghdad International Fair, while not completed the formalities of the three countries / Russia, China, Syria / remaining to post the 39th session of the exhibition.” (more…)