Investment experience in Iraq in 2014

Posted by on Feb 28, 2014 | Leave a Comment

occupied investment theme looms large in the concerns of experts and stakeholders, and since its inception after the year 2003, with no highlights its importance in Economic Dictionary of Iraq before the change is not a sense or concept but in his appearance as a pilot experiment accompanied by winds of change.   we can say for sure that he was born in the broad sense defined since passing a law Alastosmarno. 13... 

Iraq Stock Market is the Easiest Way to Invest in Iraq, says Rabee Securities

Posted by on Feb 26, 2014 | Leave a Comment

Private banks proceed to implement CBI instructions; Enhance value of the IQD to support national economy

Posted by on Feb 24, 2014 | Leave a Comment

Private banks will proceed to implement the instructions of the Central The head of the governor of the Iraqi Central Bank and the Agency Abdel Basset Turki a meeting of general managers in the bank and a number of departments, private banks, as well as members of the Association of Banks in non-governmental organizations in Iraq. A source of (time) yesterday (that the meeting discussed the instructions for the sale and... 

Delete the zeros from the dinar increases its strength against the dollar and easy to draw a price policy

Posted by on Feb 24, 2014 | Leave a Comment

02.22.2014 He said experts and specialists in regard the country’s financial The implementation of the project to delete the zeros from the Iraqi dinar will increase the strength against the U.S. dollar, in addition to facilitating the drawing political price in the country, as demanded a parliamentary committee by clicking on the government, “which disrupted the project” to force it to be implemented through texts... 

Private banks and Central bank proceed to lift value of the Iraqi Dinar

Posted by on Feb 20, 2014 | Leave a Comment

Jim Cramer’s Action Alert PLUS Baghdad Head of the Iraqi Central Bank Governor Abdel Basset Turki convened a meeting of the Directors-General of a number of private banks at the Bank , as well as members of the Association of non-governmental banks in Iraq. Source for (o) on (the meeting discussed instructions forbuying and selling foreign currencies that have been working out since last Sunday the (banks ‘... 

Private banks will proceed to implement the instructions of the Central

Posted by on Feb 20, 2014 | Leave a Comment

Private banks will proceed to implement the instructions of the Central BAGHDAD The head of the governor of the Iraqi Central Bank and the Agency Abdel Basset Turki a meeting of general managers in the bank and a number of departments, private banks, as well as members of the Association of Banks in non-governmental organizations in Iraq. A source of (time) yesterday (that the meeting discussed the instructions for the... 

Parliamentary Finance Committee Announced What it Called for the Preparation of a Road Map to Repair the Banking System in Iraq

Posted by on Feb 20, 2014 | Leave a Comment

The head of the committee in a joint news conference with a number of members of the committee in Baghdad today and was attended by the correspondent of the Euphrates News Agency  “The Finance Committee today held a workshop with representatives of private banks, government and central bank to launch its final report on reforming the banking system in Iraq.” He explained that “this reform will provide... 

Economic Committee Member: raise zeros from the currency had been postponed because of fears of fraud and money laundering

Posted by on Feb 18, 2014 | Leave a Comment

A member of the parliamentary Economic Committee Qusay Ebadi that the issue of lifting of the zeroes of the process has been postponed to another slogan because there are fears the government of money laundering and fraud. According to al-Abadi told all of Iraq [where] today that “the Iraqi Central Bank expressed its readiness over a year ago to raise zeros from the Iraqi currency, noting that the laws and the Constitution... 

Saleh: Central Bank intervention in the market to keep the exchange rate of the dinar

Posted by on Feb 15, 2014 | Leave a Comment

Deputy former central bank governor, on Wednesday, said the central bank intervention in the market to maintain the stability of the Iraqi dinar and maintain purchasing power. He said the appearance of Mohammed Saleh told the “time”, that “the Iraqi dinar is protected range is strong, and the cover of foreign currency is very high unless they are used for the purposes of reserves dedicated to the support of the... 

Economic Committee Member: Deletion of zeros project still in place; Only delayed for economic reasons

Posted by on Feb 15, 2014 | Leave a Comment

A member of the Committee on the economy and investment representative, Amer winner, said the project to delete the zeros from the national currency still exists, but it is in order for commercial reasons, in addition to the receipt of intelligence information for the creation of counterfeit currency for the purpose of replacing the new currency. He said the winner told the News} {Euphrates on Tuesday that “the project... 

Capital Banking Solutions to Supply Sumer Bank

Posted by on Feb 14, 2014 | Leave a Comment

Thursday, February 13 2014 Capital Banking Solutions, a provider of end-to-end banking software for retail, corporate, private and Islamic banks, has announced that Sumer Commercial Bank has selected CapitalBanker as its core banking system to be implemented in over 10 branches throughout 2014. With Sumer Commercial Bank as the 5th Iraqi bank to sign with Capital Banking Solutions, Capital Banking is now a front-runner... 

Washington plans to send experts to Iraq to secure oil installations

Posted by on Feb 13, 2014 | Leave a Comment

United States plans to send experts to Iraq to help secure the oil installations, which represents 95% of the revenues of the state treasury. “. The Commission announced the JCC of energy between Iraq and the United States in a statement issued after a meeting in Baghdad received news agency future copy of it today: “Iraq and the United States legally in cooperation in important new through the use of experts... 

contract with the Korean firm to build refinery in Karbala cost more than 6 billion dollars

Posted by on Feb 12, 2014 | Leave a Comment

Local government in Karbala next week will witness the signing of the oil refinery project in Karbala after Korean company wins the tender. He said the second Deputy Governor of Karbala, mayali of each correspondent in Iraq said Tuesday that “next week will witness the signing of the contract the Karbala refinery project between Hyundai Korean coalition and the oil Ministry. The “cost of 6 billion US dollars and a... 

Australian economist: Iraq has the highest growth rates of GDP for any economy above the rate of $50 billion

Posted by on Feb 11, 2014 | Leave a Comment

Sunday February 9, 2014 Saw Analyst economic Australian, on Saturday, that Iraq needs to “long list” of projects for development, as well as projects that are needed for reconstruction, stressing that Iraq has the largest percentage of growth for countries that increase the budget over 50 billion dollars, while the IMF warned of that Iraq would face if inflation dish the spending plans for the year 2014, he explained... 

World Bank mission to discuss activating the partnership to develop a permanent banking system

Posted by on Feb 11, 2014 | Leave a Comment

Minister of Finance Agency purity of net debt with the President of the World Bank mission in Iraq, Mary Helen ways of activating the strategic partnership permanent access to the banking system overall in the country. According to a statement of the ministry received the Agency (news) copy of it: that the Ministry of Finance emphasizes the importance of cooperation with the World International because of its important... 

United States working to promote the growth of Iraq’s economy

Posted by on Feb 10, 2014 | Leave a Comment

February 4, 2014 in economic Baghdad / Iraq News Network – The United States of America, on Tuesday, its commitment to support Iraq, indicating that it is working to promote the growth and development of a diversified economy that would create jobs for the labor force is growing. Said U.S. embassy statement today: “The Minister Counselor for Economic Affairs at the Embassy USA Robin Mattewman participated with senior... 

Shabibi: About the CBI’s decision to sell gold to dealers

Posted by on Feb 10, 2014 | Leave a Comment

Under the statement issued by the Central Bank of Iraq and for the purpose of diversification means savings to the public and to provide large quantities of gold from the origins of prudent central bank will CREATION ingots of pure gold and we would like to comment on this subject, including the following: that the central bank handles gold cash (which is gold held by central banks ) and not the gold trade (which is handled... 

Iraqi Kurdistan vs Baghdad: Oil crisis not about money

Posted by on Feb 08, 2014 | Leave a Comment

The announcement by Iraqi Kurdistan that they had started exporting oil to Turkey, despite numerous warnings from Baghdad, has sparked yet another crisis. But as various experts suggest, the crisis is not about business, it?s all about politics and Iraqi Kurdistan?s increasing financial independence. A few days ago the Ministry of Natural Resources in the semi-autonomous region of Iraqi Kurdistan announced that it had... 

Maliki calls for Parliament to speed up the ratification of the budget law

Posted by on Feb 07, 2014 | Leave a Comment

Prime Minister Nuri al-Maliki, on Wednesday, the parliament to speed up the ratification of the General Budget Law, as he expressed concern at the continuing controversy around it. Maliki said in his weekly and pursued “obelisk” “I am happy to approve the retirement law submitted by the government and subjected to a lot of controversy,” noting that “the government wanted by law targeting the process of improving... 

The opening of the first office of the World Stock Exchange in Baghdad, the first of its kind in the history of Iraq

Posted by on Feb 06, 2014 | Leave a Comment

Baghdad / Iraq News Network announced in the capital, Baghdad, on Tuesday, announced the opening of its first office of the Stock Exchange world in Baghdad, the first of its kind in the history of Iraq, and among Msoalon in the office getting a leave of absence from the Iraqi government and its association with the London Stock Exchange world, experts called Financial Institutions Finance and ministries to put its shares... 

George Friedman on Iraq (Agenda)

Posted by on Feb 05, 2014 | Leave a Comment

Editor’s Note: Transcripts are generated using speech-recognition technology. Therefore, Stratfor cannot guarantee their complete accuracy. Video Transcript: Colin Chapman: Iraq’s Shia-dominated government is under pressure. Prime Minister Nouri al-Maliki has been pretty adept at managing Sunni dissent through a mixture of force and appeasement. But Sunni forces have become more determined, more violent, and this... 

Civil War is Unlikely in Iraq Despite a Surge in Violence

Posted by on Feb 05, 2014 | Leave a Comment

This year’s Ramadan has seen a spike of violence in Iraq that has reached numbers that are the highest since the height of the sectarian strife from 2006 to early 2008. These attacks and their subsequent mass casualties bolster the image and perceived operational capabilities of al Qaeda in Iraq, who often execute, or at least claim, some of the most spectacular attacks within the country. This is only part of the... 

Kurdistan: Baghdad is no longer insisting on supervision Sumo on oil exports

Posted by on Feb 04, 2014 | Leave a Comment

Twilight News confirmed the Kurdistan Alliance in the Iraqi parliament Sunday to make progress in the talks the federal government and the Kurdistan Region on the export of oil Kurdish. said a member of the Kurdistan Alliance Qassim Mohammed in an interview with “Twilight News”, that Baghdad is no longer insisting on the supervision of export of Iraqi oil “Sumo “State-owned export of Kurdistan.... 

Stock market” calls for the sale of government shares the mixed sector companies and experts believe it lacks the institutions chock

Posted by on Feb 03, 2014 | Leave a Comment

Called the Iraq Stock Exchange, Friday, banks and mobile phone companies operating in the country to put its shares from him, and called on the government to sell its shares in the mixed sector companies, to encourage capital formation and economic development is stable, indicating that the market Arbil Securities, will be opened during the year Current 2014 which opens up new horizons for investors as they represent... 

Iraq Is Aiming To Return To The Quota System Of OPEC

Posted by on Feb 02, 2014 | Leave a Comment

For the first time, Iraq has begun preparing for a return to the OPEC production quota system, in a shift of policy that reduces the prospect of oversupply and lower prices in global oil markets. The oil industry of Iraq is booming after US-led invasion. The country is now expecting to be one of the largest sources of supply growth in the oil market over the next decade. With North American output also rising rapidly... 
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