Archive for September 18, 2012

cbi wto09/19/2012 12:00 am

Held at the Ministry of Commerce meeting of the National Commission on the accession of Iraq to the World Trade Organization, headed by the Minister of Trade Khairallah Hassan Babiker and includes members from all Iraqi ministries relevant. (more…)

On: Wednesday 19/09/2012 07:56 am

d. The appearance of Mohammed Saleh

In light of economic conditions and volatile financial and inflationary pressures that has befallen our country before, and led to negative effects on the regularity of the commercial market and labor markets and production and citizens’ standard of living, has generated many distortions in the structures and economic relations,
And among which was Seen block cash, many zeros, of little value, and in a manner not commensurate with the future developments in the present and future of the Iraqi economy, which requires finding a solution to these conditions and offal, and these solutions reform management system currency through restructuring and the deletion of zeros to control the flow and manage the cost of the money supply in an optimal manner. (more…)

Monday, 17 September 2012 23:38 | | |

Baghdad (AIN) -The economist, Basim Jameel, criticized the officials who used to attribute the delay in implementing the process of deleting out zeros from the Iraqi currency to the “unstable security and economy situations.”

Jameel stated to AIN “Everything in Iraq is subject to the resolutions and moods of the politicians,” noting that “There is an item in the law of the Central Bank of Iraq that authorizes it to print and change the currency.” (more…)

Activation of Iraqi diplomacy in UN demanded – MP
9/18/2012 2:06 PM

BAGHDAD / Aswat al-Iraq: Free Iraqiya Bloc Alia Nsaif today called to activate Iraqi diplomacy during the UN’s 67th session to relieve Iraq from the Security Council’s Chapter VII. (more…)

17/09/2012 12:00 am

BAGHDAD / future Iraqi
searched Parliamentary Finance Committee chaired by MP Haider al-Abadi and in the presence of members of the economic and investment commission with a delegation from the International Monetary Fund volatility winning the auction Iraqi currency and exchange rate and balance of 2013. (more…)

Legal Measures To Protect National Unity OK’d
KUWAIT CITY, Sept 17, (KUNA): The Kuwaiti Cabinet held its weekly meeting at Sief Palace on Monday under the chairmanship of Acting Prime Minister and Minister of Interior Sheikh Ahmad Al-Humoud Al-Jaber Al-Sabah.

Following the meeting, Minister of Information and Minister of State for Cabinet Affairs Sheikh Mohammad Abdullah Al-Mubarak Al-Sabah gave a briefing of the meeting deliberations and outcome. (more…)

Said the agency’s chief economist Fatih Birol, the International Energy said that “Iraqi oil plays a pivotal role in the global economy recovers.

He added in an interview that “any unexpected slowdown in oil production will have a significant negative impact of the global economy.” (more…)

09/18/2012

BAGHDAD / JD / .. The Ministry of Construction and Housing post its minister Mohammed shouted Darraji in conference and exhibition on the financial, banking and investment currently being held in London, to discuss the open door of investment to international companies and to provide bank guarantees to them.

Daraji said in a statement, today, received / JD / copy of it: “The conference is an important opportunity for Iraq to support the development of Iraqi banks in addition to opening the door for investment in front of international companies and the needs of the bank guarantees which can be provided by international banks.” (more…)

CBI stressed that “the foundation’s annual inflation which was announced by the Ministry of Planning is not large and is considered under control in such circumstances experienced by Iraq.”

The deputy governor of the Bank the appearance of Mohammed Saleh “that the inflation rate basis for the last month of August rose to 141.0 percent attributing the cause to rise in housing prices and private rents.” (more…)

Date: 2012-09-18 10: 06: 48 Tuesday

Baghdad (News) … She is a member of the Economic Commission of the Iraqi coalition Deputy from//Nora Salem albegari, that all existing economic laws are laws and socialism do not serve the Iraqi economy.
(more…)

09/18/2012 12:00 am

BAGHDAD – morning
ended auditing firm international analysis report auditor external Warka Bank Ahli Investment which is subject to guardianship CBI half a year ago, in what is expected to provide its final report on the bank during the next two weeks. (more…)

17/09/2012 19:45
ERBIL, September 17 (AKnews) – Iraq’s Deputy Prime Minister said a joined committee has been formed between the Kurdistan regional government (KRG) and Iraqi Government to find common grounds in oil and gas issues betwen the two governments until a final Hydrocarbon law is passed and and end is put to the issues for good. (more…)

17/09/2012 19:56
BAGHDAD, Sept. 17 (AKnews) – The return of President Jalal Talabani will allow holding new dialogues in Iraq with ope of finding solutions to the political disputes, the Islamic Supreme Council of Iraq (ISCI) led by Ammar al-Hakim stated Monday. (more…)

Published 18/09/2012 10:19 AM

Babinaoz – Agencies: Sources parliamentary and political for “Center Brief for the Iraqi Media Network,” a tendency to hold a tripartite summit of the heads of the Republic and the Cabinet and Parliament. Coincides this information with the return of President Jalal Talabani to come home yesterday after a trip treatment successful in Germany. Sources confirmed that ” (more…)

09/18/2012

BAGHDAD / JD / .. A report addressing the investment climate in the Arab countries that the per capita income of Iraq class average compared to the world of the Arab citizen.

predicted the report published by newspaper days Bahraini: the average income of Arab citizens is growing at 2%, up to 6973 dollars by the end of this year , compared to 6781 dollars last year, and compared with an average income of 4391 dollars in 2006. (more…)

The Ministry of Commerce announced that a delegation from the ministry represents Iraq participated in the meetings of the session (95) of the United Nations Conference on Trade and Development (UNCTAD), which kicked off on Monday in Geneva. (more…)

Date: 2012-09-18 12: 06: 38 Tuesday

Babylon (News)//report … Foreshadowing the growing proliferation of counterfeit currency in Babil province by disadvantages many will strike chords remote level national economy, with people standing idly who controls destinies and undermine their money.

Babylon University economics professor Dr. Jawad Al-Bakri said (to news agency news): the phenomenon of the proliferation of counterfeit currency with significant negative effects on the national economy, they raise the rates of inflation and loss of confidence in the local currency for foreign currencies, particularly the US dollar. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 18-SEP-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$) 251,185,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 251,185,000
Total offers for selling (US$) —–

Exchange rates