Archive for January 15, 2013

Foreign Minister Receives United Nation’s Kobler; Discuss political situation as well as Iraq-Kuwait relations

Posted: January 15, 2013 in Iraqi Dinar/Politics
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Posted on 15 January 2013.

By John Lee.
Foreign Minister Hoshyar Zebari has met with Mr. Martin Kobler, Representative of the Secretary-General of the United Nations (UNAMI) in Iraq.

During the meeting they discussed the mandate of the UN Mission in Iraq and its role in helping Iraq, and the role of the Mission to assist in the upcoming electoral processes. They also discussed the developments in the political situation and the country’s need for a mechanism to launch national dialogue to address the crisis. (more…)

Expert stresses the importance of the amendment to article 28 of the General Banking Act

Posted: January 15, 2013 in Iraqi Dinar/Politics
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15/01/2013 12:00 am

economic expert said Saif Hilfi importance of amending Article 28 of the General Banking Act to support investment in the Iraqi banking sector, calling for the need to strengthen relations with Arab banks for the advancement of local banks.

Hilfi said in a press statement yesterday, said that private banks could play a major role in the economic development through the establishment of a fund for lending to private investment projects in the country, because it has a high potential and helps capital. (more…)

Parliamentary Finance Committee listed in paragraphs discuss the draft budget for 2013

Posted: January 15, 2013 in Iraqi Dinar/Politics
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The parliamentary Finance Committee discussed at its meeting held under the chairmanship of deputy Haider Abadi, Chairman of the Committee and in the presence of its members and advisers paragraphs included in the draft budget law for 2013. (more…)

Five oil code laws in Parliament because of differences

Posted: January 15, 2013 in Iraqi Dinar/Politics
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15/01/2013 12:00 am

warned Rapporteur of the Commission on oil and energy Kurdistan Alliance MP Qassem Mohammad Qasim impact of the current political crisis on the economic sectors, especially oil, pointing out that the five laws are still disabled because of internal problems.

Kassem said in a press statement yesterday, said that the continuing political crisis The rivalries between the parliamentary blocs will affect the overall economic conditions, especially as there are economic laws are disabled in the House of Representatives because of an incompatibility blocks them. (more…)

Union of Arab Banks will begin the 2013; Iraqi banking to enter the market

Posted: January 15, 2013 in Iraqi Dinar/Politics
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on Monday, January 14, 2013
Initiated Union of Arab Banks activities planned in 2013 to enter the banking market of the Iraqi door wide, surpassing all the security risks inherent in this country in order to support the Iraqi banking sector promising, and therefore mobilize energies broad economic and available in this country and put them in the service of Arab economies. (more…)

CBI Currency Auction for Jan 15, 2013

Posted: January 15, 2013 in Iraqi Dinar/Politics
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The opening of bids for the sale and purchase of the dollar daily Almaútan and xciv two thousand for the sale and purchase of foreign currency in the Central Bank of Iraq on Tuesday 01/15/2013 and the results were as follows:

DETAILS NOTES
Number of banks to contribute to the auction 28
Price foundation on which successful bidder selling dinars / dollars 1166
The price at which successful bidder JD Hraoua / USD —–
The amount sold by the bank at auction – $ 223,598,000
Amount the buyer by the bank at auction – $ —–
Total Leads – U.S. 223,598,000
Total Offers – U.S. —-

(more…)