Tuesday, 04 June 2013 12:17 | | |
Baghdad (AIN) -Deputy chief of the parliament Oil & Energy Committee, Ali al-Fayadh, called to expedite ratification of the Oil & Gas Law before the end of the current parliament term.
The Oil & Gas law is one of the pending issues especially between the central government and Kurdistan Regional government where this law regulates the running of the oil resources and administration of its revenues and the contracting with foreign companies. (more…)
11/05/2013 12:00 AM
The Chairman of the Securities Commission to the importance of turning the family business into joint-stock companies and the creation of an entity larger able to compete and diversify the productive base and make alliances strategy and achieve competitive advantage of economy of scale and thus reduce costs. (more…)
Economic parliamentary calls to speed up amending the investment law and prepared a reason for “increased unemployment and poverty”
SATURDAY, MAY 11 / MAY 2013 13:46
Commission criticized the parliamentary economy and investment, Saturday, delayed modify the Iraqi investment law, and promised to “hang” for investment operations and “reason” to increase rates “of unemployment and poverty” in the country. (more…)
10:58 04/21/2013
Agencies – called a member of the Committee on the economy and investment MP for the coalition in Iraq Qusay F, the need to grant privileges for high local and investor preference for foreign encouraged to invest in the country.
Gomaa said in a press statement that “the Iraqi investors preferred to invest outside the country despite the availability of economic fundamentals within the country, but due to some constraints that displays his work in Iraq make it migrates to other countries and invest significant funds. (more…)
04/14/2013 – 12:29
The Ministry of Planning and Development Cooperation, Sunday, for the stability of the base inflation rate of 143.0% for the month of March, as indicated to rise annually by 3.2% compared to the base annual inflation for the month of February of the year 2012.
He said ministry spokesman Abdul Zahra al-Hindawi said in an interview for “Alsumaria News”, “inflation basis for the month of March last year witnessed stable rate of 143.0% compared to last February, while increased annually by 3.2% compared to inflation annual basis for the month of March of 2012.” (more…)
To the Committee on Energy: Oil and Gas Law is no intention to move it
09/04/2013
BAGHDAD / JD / .. revealed to the Commission on oil and energy in the House of Representatives that the law of oil and gas is turned off so far and there is no any intention to move it. (more…)
03-04-2013 11:37 AM
Baghdad (newsletter). Confirmed the decision of the Commission on economy and investment Deputy/Kurdistan blocs Coalition/mehma Khalil, the importance of the use of international organizations and developed countries industrial and investment worldwide in amending the Investment Act No. 13 of 2006.
He said Khalil (News Agency): the revised investment law No. (13) of the year (2006) contains a large legal gaps discourages investment, particularly with regard to the expropriation of land and how to deal with the relevant government institutions. (more…)
Date: Saturday 23/03/2013 06:03 pm
Said a member of the Committee on the economy and investment MP Nahida Daini “that its working to create a suitable platform for investment and remove all obstacles to attract foreign investment and to support the investment process.
Explained Daini” that the investment process in the country suffers from a number of obstacles, including that of legislation legal and there is no cover bank maintains on the corporate finance and guarantee their rights. (more…)
Meeting of Heads of Chambers of Commerce in Diwaniya
Editor: RS 14/3/2013 21:35
Student heads Iraqi Chambers of Commerce, on Thursday, the central government and local governments to support traders and facilitate their work, while emphasized the need to develop work order CBI, one of the “worst regimes” in the world, called traders in the city of Diwaniya Chamber of Commerce province to communicate with them and learn the fact their needs. (more…)
Date: 13/03/09 12: 37: 57 Saturday
Baghdad (newsletter). Oil expert attributed the Muhammad Imtiaz, because Iraq is not able to invest in natural gas and oil to the absence of accompanying oil and gas law, which led to the loss of Iraq every day millions of dollars as a result of burning gas. (more…)
Parliamentary economy: the decline in physical movement caused by the failure of the provincial councils and the problems in the investment law
Ezzat member committee of economy and investment parliamentary Noura البجاري, why retreat physical movement in the country in general to the failure of the provincial councils in the provision of projects, and to the existing problems in the investment law.
The البجاري said “retreat physical movement in the country in general, lies behind many reasons, including the investment law and the problems which, in addition to logistical and administrative constraints, legal and infrastructure.” (more…)
2013 Investment Climate Statement
BUREAU OF ECONOMIC AND BUSINESS AFFAIRS
February 2013
Openness to Foreign Investment
Date: 13/02/24 12: 42: 06 Sunday
Baghdad (newsletter). Economist Kristina suggested, use of foreign expertise and economically developed States to promote national economic sectors, particularly through investment sector how to amend investment laws to attract companies to invest in the country.
He said Al-shammari (News Agency): the investment process in the country is still not encouraging for a number of reasons including expelling investment legislation and banking system. (more…)
23/02/2013
Baghdad (news) confirmed banking expert Mohsen Ali, the importance of introducing banking systems modern work of local banks private and government to keep pace with the evolution in the banking field and linked banks world.
said Ali (of the Agency news): The banking sector a major role in supporting and developing the investment process and the economy In general, must be provided a suitable ground for the support and promotion. (more…)
The decision of the Commission: mobility of parliamentary political blocs agree on the oil and gas Act legislation
Date: 13/02/17 12: 35: 43 Sunday
Announced the decision of the Commission Deputy oil and energy/Kurdistan blocs Coalition/Kassim Mohamed Qassem, a positive political movement among the parliamentary blocs agreed to pass a draft oil and gas law legislation in the House of representatives. (more…)
Author: Al Bayan wrote: February 11, 2013
Called CBI departments banks authorized to exercise banking status controls for granting credit cash and promissory for individuals and companies.
drew the central bank said in a statement banks need to identify the minimum insurance that met by the bank when granting credit, including the powers extraordinary to ensure individuals natural and legal and announce to the public in the first next March. (more…)
On: Wednesday 01/30/2013 07:50 pm
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BAGHDAD – newsletter.
The member of the Committee on the economy and investment MP / National Alliance / Hussain Mura’bi “to the importance of solving the problem of land titling for investors through the amendment of legislation that hinder the process of investment in the country. (more…)
05/01/2013
Became circulation banknotes shattered economic and social problem, affecting citizens constantly due to the failure of vendors and stakeholders public to deal with.
Ms. Avia Ali suffers from the exchange bank notes torn, since rejected by shopkeepers and drivers taxis. indicated Nawal Hamid Aboud It Her shop they refuse to deal with these papers, because they can not get rid of them easily, since rejects traders received them. (more…)
Launch electronic shopping service early 2013
09/12/2012 10:08
Company calls global smart card mixed service shopping mail by card so smart early 2013. (more…)
11/11/2012 10:11:00
BAGHDAD / NINA / The Special Representative of the World Bank in Iraq, Marie Helen Preknil said that “passing the new purchase law is decisive to the reform process in Iraq.”
She added in a statement to the World Bank: “This law is considered one of the main points of regulatory framework in the country” (more…)
Published on Saturday, October 20 1 / Okrudolf 2012 11:32
BAGHDAD / obelisk: Securities Commission revealed, Saturday, she put new controls to regulate trading in the market and will be implemented soon, pointing out that the new measure to ensure the reputation of the market by ensuring the rights of the investor home daily in the trading process. (more…)
Date: 2012-10-19 11: 10: 58 Friday
Baghdad (newsletter) … Financial expert attributed the Salem aldaini, weak market activity Iraq Stock Exchange to slow the growth of the investment process in the country, due to legal constraints against investors.
(more…)
10/02/2012 1:15 am
He stressed that corporate governance contribute to enhancing the performance of Baghdad – Hussein Tgb Tamimi called expert accounting and auditing d. Tributary pendulum to the need to apply accounting principles advanced in all companies and institutions to achieve economic development for all sectors without exception, pointing to the importance of governance to manage files for billing, audit after training on the best ways of international accounting. (more…)
Date: 09/29/2012 14:09:19 Saturday
Baghdad (news) .. Noted member of the Finance Committee MP / coalition in Iraq / Ibrahim al-Mutlaq, to begin work in the law regulating the work of Islamic banking in early 2013.
Mutlaq said (of the Agency news) on Saturday: The law regulating Islamic banking lift to the House of Representatives amended by the Central Bank and Finance Committee, stressing that the law will see the light in early 2013. (more…)
House of Representatives yesterday announced for initiating delivery of payments as a share of Iraqi oil for every home from the beginning of next year. (more…)
Iraq news site said business permit Regional Director for Harley-Davidson United States in the Middle East “that the company plans to promote and find new agents in Libya and Iraq.”
The Web site, citing company director “We are busy achieving add three new branches us where it is hoped that Libya, Iraq and Pakistan markets future we can be present where we know that we have agents in those countries where we see them and hear them often when they ask us be present large branches in their countries.
Commission on oil and energy expects to be finalized oil and gas law, however, the leaders of the blocks
Expect a member of the Oil and Energy Committee Bahaa Aldin be finalized oil and gas law, however, the leaders of the blocks.
Jamaluddin attributed to postpone the meeting of the Joint Committee to resolve the law of oil and gas to the end of the parliamentary sessions, and the majority of the members went to their home provinces, as well as the arrival of the President of the Republic of therapeutic journey and the sensitivity of the subject. (more…)
09/19/2012
BAGHDAD / JD / .. called Capital Bank in Jordan to seize the opportunity the export and investment in Iraq.
newspaper published (Dustour) report that: The American Chamber of Commerce in Jordan hosted Chairman Capital Bank Basem Khalil Al Salem in an open meeting attended by a group of men Business Jordanians interested market Iraqi addition to Iraqi businessmen, and some members of the U.S. Embassy, where they were addressed during the meeting to ways to seize export opportunities and investment in the Iraqi market promising. (more…)
