Deputy: The Need To Encourage Citizens To Use The Cards “Visa” And “MasterCard” In Banking

MasterCard

Baghdad (newsletter). Invited Member of the Committee on economy, investment/MP Salman al-Musawi, the need to outreach programmes to disseminate the culture of citizens and encourage them to use new technologies in their dealings. He said Callie (News Agency): modern banking techniques and the most developed world countries will facilitate a lot of things to shorten his time in terms of money…

Major New Report on the Iraqi Banking Sector

Iraqi Banking Sector

  Singapore-based Sansar Capital Management has issued a comprehensive new report on the Iraqi banking sector.   The report finds that while the mix of an improving macro environment and security situation offer attractive investment ingredients, many challenges remain for those interested in participating through public markets.   Iraq remains one of the most under-banked countries in the Middle East North…

North Bank Lowers Benefits And Savings Deposit

dinars

  BAGHDAD / JD / .. North Bank announced a reduced proportion of the benefits and savings deposits to 5%, stressing that he does not hesitate to provide credit facilities to all commercial and industrial projects and agricultural development.   The adviser said the North Bank wholesome Elias told / JD /: reducing the rate of interest on savings deposits to…

Talabani’s Wife: I Do Not Want The Presidency Of Iraq And I Did Not Think About It

Talabani

  Sulaymaniyah / Nina / Hero Ibrahim Ahmed, President Jalal Talabani‘s wife announced that she does not think in the presidency of the Republic of Iraq.   Ahmed said in a press statement today May 8 that she does not want the post of presidency of the Republic of Iraq and she does not think about it,” pointing out that they…

Expectations Of The Imminent Parliamentary Passage Of The Oil Law

Iraq

  BAGHDAD – morning – Farah pumice expected the Commission on oil and energy parliamentary exit the draft final “for the oil and gas law during the next term,” especially after the bilateral agreements between the province and the center, confirmed the possibility of the integration of all drafts of the proposed out of the law and one that meets the…

Iraqi Funds Between Several Options

Iraqi funds

Baghdad – Mostafa Hashemi   At the time is approaching when Iraq from the expiry date of the protection fund Iraqi funds DFI by the Government of the United States, called specialists government officials to reconsider this issue and choose the most appropriate solution to end this file from a range of options notably the transfer of the remaining money in…

Print Dinar Universal Security Specifications Will Strengthen The Confidence Indicators In Local Currency

dinar

  Baghdad Ghazwan Imran: call the process of protecting the Iraqi economy, the Government’s adoption of precautionary measures in banks and security services, to prevent organized fraud gangs of bringing counterfeit money into the country, and access to the treasury of the Central Bank.   A number of shop owners for their suffering banking from entering the local and foreign currencies…

Biggest Ever British Trade Mission to Iraq

British Trade Mission to Iraq

  The Executive Chairman of the Iraq Britain Business Council (IBBC), Baroness Nicholson (pictured), has announced the biggest ever British trade mission to Iraq.   In a massive push to boost UK business in Iraq the IBBC will take a 100 companies to Baghdad, Basrah and Erbil in mid-June.   A senior UK government minister will co-lead the delegation with Baroness…

MP Faizullah: Draft Banks Through Internet Banking Is Easy

Iraq

Baghdad (newsletter). Deputy Chairman of the Finance Committee suggested that a Deputy from the Kurdistan blocs Coalition/Ahmed Faizullah, electronic banking project to add new technology to the Iraqi banking system to facilitate banking transactions for citizens.   He said Faizullah (News Agency): draft electronic banking is one of the successful projects and advanced, in which banking transactions such as savings and…

The Central Bank And Wasting Money Year

dinar

Dr. Sinan Mohammed rida Al-Shabibi   Excited much talk about foreign currency auction, hosted by the Central Bank as a waste of public money, and I would like to make some further thoughts on this topic.   1) there is no waste of public money as a result of the auction process, making her dinars to banks, the Central Bank, the…

Experts Claim To Speed Up Iraq’s Accession To The World Trade Organization

Iraq

  The whole number of economists on the importance of expediting Iraq‘s accession to the World Trade Organization to their importance in the acquisition of the benefits of joining and included achieving the freedom of international trade and raise the standard of living of the citizens. They warned in their studies, which applied them to the Economic Forum tagged (delayed Iraq‘s…

Iraq.. The Dollar “Tair” Accelerator Cannot Hold A Central Bank

Iraqi dinar

  Baghdad (News)/report/… Actions taken by the Central Bank stood powerless to maintain the exchange rate of the dollar to dinar, with the panting citizens daily to buy the dollar, which could be economic and political implications, (News Agency) discussed the phenomenon with experts in this field.   The Director says the country’s Islamic Bank Commissioner Hana Al-Khafaji: surprised by every…

Iraq Falls To Rank Fifth In The World Oil Reserve

Iraq

  BAGHDAD / JD / .. Said a new international report on global oil reserves that Iraq ranked 5 solution within the 10 states with the highest stock, came first in the Kingdom of Saudi Arabia.   According to the report, seen by Agency / JD /: 4 Arab countries of existing Samn, namely Kuwait, Saudi Arabia and the United Arab…

Iraq .. Dollar Exchange Rate “bird” Accelerator Central Bank Can Not Grip

Iraqi dinar

  Baghdad .. Actions taken by the central bank and stood helpless in front of maintaining the exchange rate of the dollar against the dinar, with continued daily rush of citizens to buy the dollar, which could have economic and political implications, the Agency (news) discussed the phenomenon with the people of experts in this field.   Director says Commissioner to…

Economists: The Commercial Corridor Project With Neighboring Countries Will Drive The Economy

Iraq

  Baghdad (News)/report/bahtik/… Seeking Iraqi Ministry of reconstruction and housing construction road lines and iron train railway linking the capital Baghdad to neighbouring capitals, with a view to promoting commercial exchanges between Iraq and surrounding countries.   The Iraqi Government approached the Governments of neighbouring States on the implementation of the trade corridor project, and expressed their readiness to implement the…

Changing The Currency And Delete The Zeros Alone Will Eliminate Fraud

Iraqi dinar

    Baghdad .. appealed to the Parliamentary Finance Committee, the Iraqi government and management of the Central Bank of the need to implement the project to delete the zeros and the current currency exchange described by Balkadima and removable fraud.   A member of the Committee MP Abdul-Hussein al-Yasiri in a statement to / Baghdadi news / that “Iraq needs…

The Process Of Switching The Currency When You Delete The Three Zeroes Which Do Not Need To Legislate Law

dinars

Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Najiba Najib, that the process of switching the national currency when you delete the three zeroes which does not need to enact the law by the House of Representatives, but the instructions issued by the central bank.   Said Najib (of the Agency news):…

The Resignation Of The Managing Director Of United Bank For Investment After The Call To Eliminate The Bank Management On Irregularities Currency Auction

Iraqi dinar

  The source said, that the bank is one of the most financial institutions that hover around a lot of suspicions on the issue of foreign currency auction carried out by the central bank, which led its repercussions in the past few months to dismiss Bank Governor Sinan al-Shabibi and a number of his aides.   Banking source revealed that the…

Increased Mental Health Care Needed in Iraq

Iraq

  The Iraqi Ministry of Health and its supporters should improve access to mental health care services for a population still reeling from decades of conflict, political instability, and social upheaval, the international medical humanitarian organization Doctors Without Borders/Médecins Sans Frontières (MSF) said in a report released today.   The report, Healing Iraqis: The Challenges of Providing Mental Health Care in…

Maliki Calls To Amend Iraqi Constitution

Iraqi Constitution

  Baghdad (AIN) -The Iraqi Premier, Nouri al-Maliki stressed the necessity to amend the constitution, noting “the constitution does not adopt the quotas system but it was injected by the politicians into the political process.”   In his speech at the 2nd Iraq Tribes Conference, Maliki said “The Iraqi Constitution needs amendments but according to the legal procedures,” referring “The sectarian…

Barzani Signed The Agreement With Maliki

Iraq

A source familiar with the Council of Ministers of the Kurdistan Regional Government, Wednesday, that the President of the Council Naچervan Barzani signed the text of the Convention that took place in Baghdad after arriving signed by the head of the federal government Nuri al-Maliki, adding that Barzani will announce details of the agreement at a conference journalists evening in Arbil.…

Interest-Free Loans For The Unemployed Iraqis

Unemployed Iraqis

Unemployment is a growing problem in Iraq and it has been estimated by the government authorities that around 30 percent people of the country are only working population.   The rising jobless situation in the country is giving a lot of concerns to the government. Unrest and violence in some certain areas are considered as the main reasons for unemployment in…

CBI Auctions Accused Of Encouraging Money Laundering

Iraqi dinars

  Currently, $1 is sold for 1,118 Iraqi dinars, and all applications must go through three separate bodies: the money laundering division of the central bank, the economic crime unit, and the criminal division of the MOI.   Hard currency auctions held daily by the Central Bank of Iraq are facing allegations of making money laundering more widespread, and potentially allowing…

Iraq Lends Egypt Four Billion Dollars

Iraq

  A source at the Egyptian delegation to visit Iraq to participate in the International Islamic Conference for Dialogue and rounding to be held in Baghdad for the approval of the Iraqi government to provide a loan to Egypt in the amount of $4 billion without the benefits provided to ensure that such a loan Egyptian national banks.   The source…

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