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…)
Posts Tagged ‘Arab Monetary Fund’
Union of Arab Banks will begin the 2013; Iraqi banking to enter the market
Posted: January 15, 2013 in Iraqi Dinar/PoliticsTags: Arab, Arab Bank, Arab Monetary Fund, Arab people, Iraq, Islamic Development Bank, Saudi Arabia, Union
9 trillion dinars to settle the country’s foreign debt in the budget of 2013
Posted: December 16, 2012 in Iraqi Dinar/PoliticsTags: Arab Monetary Fund, External debt, International Monetary Fund, Iraq, Iraqi Airways, kuwait, Paris Club, World Bank
16-12-2012 10:00 AM
Revealed estimates contained in the budget in 2013 to nearly 9 trillion dinars will go to the settlement of external debt.
A report carried by the budget agency ‘JD’ that the total amount of debt settlement and compensation Iraq up to foreign DT 8.829,436.500. (more…)
3.5% growth of the Arab economy in 2012
Posted: November 25, 2012 in Iraqi Dinar/PoliticsTags: Arab, Arab Monetary Fund, Arab people, Arab World, Developing country, Economic, economy, Israel
25-11-2012 08:30 AM
Arab Monetary Fund forecast achieve Arab economy real growth of 3.5% during the current year, to rise a percentage point next year, due to the decline of the repercussions of the global financial crisis and the stability of oil prices, and rising demand for non- oil exports.
Arab Monetary Fund: Iraq depends managed float regime for currency exchange
Posted: September 16, 2012 in Iraqi Dinar/PoliticsTags: Arab Monetary Fund, Central Bank Iraq, Cooperation Council for the Arab States of the Gulf, exchange rate, Floating exchange rate, Foreign exchange reserves, Iraq, Moroccan dirham
09/16/2012
BAGHDAD / JD / .. Confirmed the Arab Monetary Fund said Iraq from among the countries which depend on the system flotation orbit currency exchange, pointing out that the drainage systems prevailing in the global economies and Arab currencies, including 3 types first “floating fully” and that left to market forces by identifying currency exchange rate, as dependent other countries system “peg a single currency or a basket of currencies” including states “cooperation”, Jordan and Lebanon, as well as drainage systems combine the two systems ex. (more…)
Arab Monetary: 3 currency exchange systems and countries ‘cooperation’ dependent mechanism ‘peg’
Posted: September 15, 2012 in Iraqi Dinar/PoliticsTags: Arab Monetary Fund, Central bank, Central Bank Iraq, Currency, Economic, exchange rate, Floating exchange rate, Iraq
September 15, 2012 11:22 PM
Confirmed the Arab Monetary Fund, the drainage systems prevailing in the global economies and Arab currencies, including 3 types first “floating fully” and that left to market forces by identifying currency exchange rate, as countries rely other system “peg a single currency or a basket of currencies” including states “cooperation”, Jordan and Lebanon, as well as drainage systems combine the two systems ex.
said Dr. Ibrahim Alkrasna head of training in the Fund during the “financial stability”, which concluded yesterday at the Fund in Abu Dhabi “are diverse exchange in the Arab countries to 3 types “, pointing out that both of Jordan, Lebanon and the GCC countries peg its currency to fixed exchange rates against the dollar.” (more…)
Summit of Baghdad and the economic challenge
Posted: March 27, 2012 in Iraqi Dinar/PoliticsTags: Arab, Arab Customs Union, Arab Monetary Fund, Arab people, Baghdad, Cold War, Sudan, World Trade Organization
On: Tuesday 27/3/2012 5:57
Summit in Amman Arab eleven 1980, the identity of the conference of economic and ways of activating the covenants and agreements and the Arab Common Market is the most important prevailing at the time of the Arab market formed in (1957) and earlier in facilitating trade in (1953) up to the Arab Monetary Fund (1975) and the Arab Foundation to ensure Investment (1970) and the Arab Authority for Investment and Development (1976). (more…)
Arab Monetary Fund: the rapid spread of Islamic banking requires upgrading of its rules
Posted: October 11, 2011 in Iraqi Dinar/PoliticsTags: Arab Monetary Fund, Arab World, Financial crisis of 2007–2010, Islam, Islamic bank, Islamic Development Bank, Islamic economic jurisprudence, United Arab Emirates
Dr. Jassim Al Mannai, Director General of the Arab Monetary Fund that the rapid spread witnessed by the Islamic banking requires work – very hard – to upgrade the regulations governing the operation of Islamic banks in order to ensure the safety and durability of these banks, and thus maintain its growth pace sustainable .
The immune the opening of the “Islamic banking system is sustainable,” organized by the Fund in cooperation with the Institute of Islamic Research and Training Institute of the Islamic Development Bank, “Despite the modest size of the assets of Islamic banks, which are only one per cent of the total assets of international banks but the sector has grown significantly over the past two decades as it grew by at least 20 per cent since 2000, bringing the total assets of Islamic banks to about $ 900 billion . “
Finance minister to sign the Convention on the amendment to restructure Iraq’s debt to the Arab Monetary Fund
Posted: September 25, 2011 in Iraqi Dinar/PoliticsTags: Abu Dhabi, Arab Monetary Fund, Arab people, Baghdad, Chairman, Finance Minister, Iraq, United Arab Emirates
Baghdad (IBA). Finance minister signed Rafie Al-Issawi, with the chairman of the board of the Arab Monetary Fund, Dr. Jassim al-mannai on the amendment to restructure Iraq’s debt to the Arab Monetary Fund.
Said the signing of the agreement mentioned on the sidelines of the extraordinary meeting of the Arab finance ministers, which was held in the United Arab Emirates capital Abu Dhabi to discuss the current economic and financial challenges facing the Arab countries, in the light of international economic developments on the one hand, and the events taking place in some Arab countries on the other.
Arab Monetary Fund to restructure Iraq’s debt
Posted: September 7, 2011 in Iraqi Dinar/PoliticsTags: Abu Dhabi, Amman, Arab Monetary Fund, Arab people, Baghdad, International Monetary Fund, Iraq, United Arab Emirates
Erbil, September 7 / September (Rn) – Media sources said Wednesday that Iraq and the Arab Monetary Fund in Abu Dhabi signed a supplement to amend the Convention on the restructuring of Baghdad’s debt to the Fund.
The two parties had signed the Convention in June 14, 2008 in the Jordanian capital Amman as part of efforts to help Iraq and reconstruction.
And signed the Supplement and the Iraqi Finance Minister Rafie al-Issawi representatives from Baghdad and the Arab Monetary Fund, Jassem Al-Mannai Director General and Chair of the Board and on the sidelines of a meeting of Arab Ministers of Finance in Abu Dhabi.
Iraq Ministry of Commerce: Arab Economic Council agrees on regional trade project
Posted: July 8, 2011 in Iraqi Dinar/PoliticsTags: Arab, Arab League, Arab Monetary Fund, Arab people, Arab World, Baghdad, Iraq, World Trade Organization
Arab countries agree on the followers of the Economic Council in the implementation of commercial projects
2011-07-07
Post Baghdad – Ministry of Commerce announced it had agreed with the federal states to make the Arab Economic Council in the implementation of projects of regional trade.
Hashem said Mohammed Hatem told “Baghdad Post” “The Ministry of Commerce agreed with the rest of the ministries to make the Arab Economic Council in the implementation of projects of regional trade.”
CBI in connection with activation of monetary agreements with neighboring countries
Posted: May 30, 2011 in Iraqi Dinar/PoliticsTags: Arab Monetary Fund, Baghdad, Central Bank of Iraq, Economy of Iraq, Iraq, Iraqi Central Bank, Kurdish people, United States
Baghdad, 30 May (Rn) – The Central Bank of Iraq adviser said on Monday that the Bank is working to activate the regional monetary agreements with neighboring countries to contribute to the development of the economic reality in the country.
He said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “the CBI in connection with activation of regional agreements with neighboring countries in the meetings of the Arab Monetary Fund annual”, pointing out that “Iraq is an active member of the Fund to expand the monetary policy for Iraq.”
President of the Board of Supreme Audit reach Paris to discuss the accounts of the Development Fund for Iraq
Posted: April 27, 2011 in Iraqi Dinar/PoliticsTags: Arab Monetary Fund, Central Bank of Iraq, Development Fund for Iraq, International Advisory and Monitoring Board, International Monetary Fund, Iraq, PARIS, United Nation
2011-04-27 13:05:49
BAGHDAD (Iba) .. Presided over an Office of Financial Supervision Abdul Basit Turki Saeed, a delegation to attend the regular meeting of the Council of the International Advisory and Monitoring Board, which begins on Wednesday in the French capital Paris.
Approval of the Government Report on the Development Fund for Iraq
Posted: April 27, 2011 in Iraq: Chapter VII, Iraqi Dinar/PoliticsTags: Arab Monetary Fund, Central Bank of Iraq, Development Fund for Iraq, International Monetary Fund, Iraq, Politics of Iraq, United Nation, United Nations Security Council
Council of Ministers approved the report of Iraq on the transition to successor arrangements to the Development Fund for Iraq, to be presented to the UN Security Council for discussion and adoption of the beginning of next July in preparation for the exit of Chapter VII resolutions.
