Archive for September 4, 2012

Date: 2012-09-04 14: 06: 48 Tuesday

Baghdad (News) … Foreign Ministry source said the Kuwaiti Prime Minister, Sheikh Jaber Mubarak Al-Hamad Al-Sabah will visit Iraq soon. (more…)

Published 04/09/2012 09:45 AM

Babinaoz – agencies: agency said (UR) it’s got a very important information about the details of the upcoming visit of the U.S. delegation to Iraq.

The sources said the task in the Prime Minister’s Office said that “al-Maliki briefed on an electronic message sent by the U.S. government this morning indicates the work program of the U.S. delegation, which will be headed by U.S. Vice President Joseph Biden.” (more…)

Date: 04/09/2012 12:13:23 Tuesday

Baghdad (news) / report / dreams Furaiji / .. inflation .. Recipe has become inherent in the Iraqi economy since the early nineties of the last century as a result of the siege and successive wars, and the subsequent paralysis almost entirely for domestic production after 2003. (more…)

Monday, 03 September 2012

Iraq’s gross domestic product is expected to grow at an average rate of about 10 percent per year over the next three years, driven by increased oil revenues, a senior central bank official said on Monday.

The OPEC member has the world’s fourth-largest oil reserves and is producing more than 3 million barrels per day (bpd) for the first time in three decades. It has ambitions to double its oil production over the next three years. (more…)

Iraqi Media Network – 09/04/2012 – 12:06 pm

BAGHDAD / Center Brief for the Iraqi Media Network – said the Iraqi Central Bank that the first phase of his plan to increase the capital of private banks achieved its objectives through attainment banks for capital at a minimum 150 billion dinars, and as he emphasized the reluctance of banks for the first phase, it was revealed granted for 60 days to reach the minimum visit the capital. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 4-SEP-2012. The results were as follows:

DETAILS NOTES
Number of banks 30
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 283,955,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 283,955,000
Total offers for selling (US$) —–

Exchange rates

Date: 04/09/2012 12:19:26 Tuesday

Baghdad (news) .. most likely leader of the coalition of state law MP / National Alliance / Abbas al-Bayati, sealed the file security ministries (Interior, Defense), after progress file.

Bayati said in a statement (of the Agency news) on Tuesday: The reform project started to move as positive and active between the political blocs and there is progress nominate candidates security, noting: that blocks Aahtat note candidates ministries. (more…)

Ambassador News Agency – 09/04/2012 – 12:06 pm

{Ambassador: News}

He called for the coalition in Iraq Abdul Khader Tahir list to change the political situation by forming new alliances to pass laws in the House of Representatives instead of waiting for reforms.

Tahir said that the political situation will remain on what it now even though there were real reforms because of the political blocs unable to change the situation. (more…)

Haider Ali Jawad – 09/04/2012 – 12:27 pm
The Central Bank of Iraq, “that money laundering comes from JD customer deposited in private banks and not convert dollars into overseas.”

said Deputy Governor of the Central Bank the appearance of Mohammed Saleh told the National Iraqi News / Nina / today that “the private banks to be aware lesson well and checking about the possibility of customers who buy the dollar them and do not make profit above the safety of the national economy. ” (more…)

Date: 2012-09-04 13: 15: 22 Tuesday

Baghdad (News) … Deputy Central Bank Governor Mohammad Saleh appearance, on completion of the feasibility study and technical financial payments system fragmentation through the issuance of credit cards and sponsored by USAID for the development of the financial sector in Iraq. (more…)

04-09-2012 08:40 AM
Revealed the so-called ‘Truth’ set up by the current parliament, which includes the heads of ‘Economic and Financial Committee and the Office of Financial Supervision’ and collusion of advisers at the central bank and government officials in the case of an auction sale of the currency. (more…)

04-09-2012 10:42 AM

Banking expert called Mohsen Ali to the importance of the introduction of modern global banking technology in the work of Iraqi banks and the training of human resources in order to conduct business for these technologies. (more…)

04-09-2012 11:23 AM

Called Vice-Chairman of the Committee of Tourism and Antiquities Talal Hussein al-Zobaie, the House of Representatives and the government to pass a law holidays because of their negative effects on disrupting the Iraqi economy.

Zobaie said, according to the Agency (news) : The Public Holidays Act will eliminate most of the holidays that is reminiscent of the days of the former regime and all the holidays that do not make sense, stressing that increasing the holidays led to the decline of the national economy. (more…)

Committee emphasized the economy and investment in the House of Representatives that the application of tariff law which the government deferred for several times will raise the value of the taxes that go into government treasury to $ 1.7 billion annually. (more…)

Gold rose on Tuesday to its highest level in more than five months after weak data for the industrial sector around the world, boosting speculation procedures to facilitate the impending central banks.

Having kept Chairman Ben Bernanke Federal Reserve (the U.S. central bank) door open for further stimulus measures last week, data showed on Monday a contraction in manufacturing activity Globally, putting more pressure on policy makers to act. (more…)