Archive for May, 2013

Screen Shot 2013-02-16 at 12.22.47 PM30-05-2013

With the continuing decline of the dinar against the dollar since the Central Bank sales and change management, informed sources said that the Central Bank will start next month with the opening of documentary credits in banks to the dollar exchange rate dinar to normal and prevent a recurrence of the situation of exchange rate volatility. (more…)

2 articles

Published on Saturday, 25 May 2013 20:25

in the parliamentary Finance Committee that the central bank told us that it will implement a new plan to raise the value of the Iraqi dinar against the U.S. dollar.

A member of the Committee Faleh Djiashi’s (IMN) said that «the central bank told the Finance Committee representative that an action plan will begin to apply early next June, will be capable of lifting Iraqi dinar exchange rate against the U.S. dollar«., (more…)

31-05-2013 10:49 AM

Baghdad (newsletter).The prosecutor called for iraqiya free//DG, Foreign Minister Hoshyar Zebari to disclose the price submitted by Iraq to Kuwait in Exchange for their promise to get us out of Chapter VII.

She told the llaetlaftltk Press Office moved (News Agency) a copy of it: to keep Iraq over the past years under Chapter VII is the injustice itself, force Kuwait’s influence in the United Nations and the Security Council has allowed them the opportunity to exercise their influence to keep Iraq under UN trusteeship, that Kuwait would not be credited with getting us out of Chapter VII, but we look at it as because it keep us unjustly since the 1990s, it has been the cause of all Misfortunes suffered by the Iraqi people. (more…)

 31.05.2013 13:40

Range Press / Baghdad
Praised Coordinator House Alabadh for Middle East Affairs Philip Gordon, on Friday, the efforts of the Iraqi government to normalize relations with Kuwait and the significant progress achieved towards the exit from Chapter VII, as discussed with the Iraqi Foreign Multi activate coordination committees shared within the strategic agreement between the two countries and the developments of the Syrian crisis. (more…)

  • State of Kuwait has agreed to move these three files from Chapter VII to Chapter VI under the supervision of UNAMI
  • Iraq and Kuwait have agreed to drop resolution No. 833 of Chapter VII and to move it to Chapter VI

png30/05/2013 | 07:39 PM | Gulf News
BAGHDAD, May 30 (KUNA) ­­ Iraqi Foreign Minister Hoshayar Zebari said Thursday that Iraq is about to end its Chapter VII status after reaching agreements with Kuwait on resolving pending issues under Chapter VI of the UN Charter.

Zebari identified the longstanding issues with Kuwait as finding and returning Kuwaiti prisoners of war and missing people; returning seized Kuwaiti properties; returning Kuwait state body archives; repairing border markers; and compensations. “Iraq has assured the State of Kuwait, through a series of long talks, that it has no interest in hiding POWs or dead bodies, nor in keeping the seized Kuwaiti properties and (state) archives” he said. (more…)

30/05/2013 13:33:00
Baghdad / NINA /– Foreign Minister Hoshyar Zebari described his recent visit to Kuwait as fruitful and distinct especially with respect that Iraq is practically got rid from the provisions of the UN Chapter VII, which imposed on Iraq after its invasion of Kuwait.

3 articles

Hoshyar Zebari: last chance for political solution to Syria. And going from Chapter 7 after paying $ 11 billion for Kuwait/extended/
30-05-2013 01:22 PM

Baghdad (newsletter). Foreign Minister Hoshyar Zebari said that Iraq will emerge from the provisions of Chapter VII final after payment of 11 billion dollars to Kuwait, but he noted that Iraq is practically managed to emerge from the chapter, adding that Iraq encouraged Syria to exploit the opportunity to resolve the crisis politically. (more…)

Zebari predicts removing Iraq out from Chapter Seven at the end of 2015

30/05/2013 12:03:00
BAGHDAD / NINA / Iraqi Foreign Minister, Hoshyar Zebari said Iraq has paid to Kuwait 41 billion out of $ 52 billion in compensation for the former regime’s invasion to Kuwait in 1990. (more…)

30/05/2013 – 13:41

confirmed the Iraqi Foreign Ministry, on Thursday, that Iraq signed an agreement with Kuwait to regulate navigation Incense Abdullah management joint, believing that this represents a great achievement for Iraq and its people and their government. said Foreign Minister Hoshyar Zebari said during a press conference held today, building the ministry and attended “Alsumaria News”, “Iraq did not benefit from the freedom of navigation Incense Abdullah, who is one of the lanes basic and key, after resolution 833,” noting that “the Iraqi negotiators and legal experts and advisers were able to during the meetings with the Kuwaiti side of the agreement to regulate navigation Incense Abdullah is continuous and managing common. ” (more…)

Central Bank Governor expressed Agency Abdul Basit Turki not pleased with the actions taken on bringing in a number of heads of boards of directors and managers of Commissioners in the banking sector without be there Tharika any complaint against them by the bank.

Noting that “this decision could lead to jolt the economy and transmit inappropriate to attract foreign investment and encourage.” (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 30-May-2013. The results were as follows:

Number of banks 27
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 268,853,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 268,853,000
Total offers for selling (US$) —–

Exchange rates

Screen Shot 2013-05-29 at 9.05.26 AMWednesday, May 29 / May 2013 10:27

confirmed the parliamentary Finance Committee, Wednesday, the Central Bank of Iraq next month will begin implementation of a package of measures designed to restore the exchange rate of the dollar against the Iraqi dinar to normal to prevent a repeat of the case of exchange rate volatility.

And plunged the value of the Iraqi dinar gradually over the past weeks to reach the price per dollar to about 1129 dinars after it had been stable for 1120, the highest rate up to the exchange rate during the past two years. (more…)

Pulled out of the political crisis and the worsening security collapse because of the bombings, killings and kidnappings, the economic situation in the country, said real estate brokers and owners shows a sale the most prominent is the recession that hit the country in years.

Underscoring the many regions of the population of the Karkh district of Baghdad, declining prices of their properties because of the strict measures taken by security forces for weeks, experts talk about the decline of trading indicators in the various sectors of the economy and investment because of the wave of violence that recorded their highest levels in years. (more…)

28/05/2013 22:39:00

Baghdad (NINA) – Foreign Minister, Hoshyar Zebari, signed with Kuwait’s Deputy Prime Minister and Foreign Minister, Sabah al-Khalid al-Hamad al-Sabah, two memos of understanding; the first is related to arrangements of maintenance of borders’ demarcation signs, while the other is related to financing the construction of housing complex in Um Qasr.

A statement issued on Tuesday, May 28, by Kuwait’s Ministry of Foreign Affairs said that Sabah al-Khalid al-Sabah met with Zebari discussing bilateral relations and positive developments in all fields, especially with regards to the related Security Council resolutions. (more…)

Wednesday, 29 May 2013 15:58 | | |

Baghdad (AIN) -The Iraqi Prime Minister, Nouri al-Maliki called the moderate figures to stand against the extremists and Takfiris and consolidate the national unity and the social texture. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 29-May-2013. The results were as follows:

Number of banks 21
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 206,443,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 206,443,000
Total offers for selling (US$) —–

Exchange rates


Published on Tuesday, 28 May 2013 17:57

BAGHDAD / obelisk: decreased sales of the Iraqi Central Bank of the dollar significantly in the session, on Tuesday, on the sale and purchase of foreign currency to U.S. $ 152 404 000 million, compared with 252 843 000 Million, recorded in a session on Monday, a stable exchange rate at 1166 dinars per dollar. (more…)

png28/05/2013 – 11:36

Watan newspaper quoted Kuwaiti, Tuesday, for Musdrmesúl in the Ministry of Foreign Affairs of Kuwait, welcome Kuwait convert the file of prisoners and missing Kuwaitis in Iraq to Chapter VI instead of the seventh.

newspaper said that “an official source at the Ministry of Foreign Affairs of Kuwait, said in his first comment on the visit Iraqi Foreign Minister Hoshyar Zebari, that Kuwait has encouraged Iraq to implement all the decisions that come under Chapter VII, it’s also commends including by the Iraqi side of the implementation of the decisions that fall within the framework of this chapter during the past period. “


2 articles

Zebari, Kuwaiti officials discuss releasing Iraq from 7th Chapter of UN’s Charters
Tuesday, 28 May 2013 13:19 | | |

Baghdad (AIN) –The Foreign Minister, Hoshyar Zebari, who has arrived in Kuwait on last Monday, discusses with the Kuwaiti officials the means of releasing Iraq from the Seventh Chapter of the UN’s Charter. (more…)

3 articles

Iraq and Kuwait Lieberman, memoranda of understanding on the physical maintenance of the border and build a residential complex in Umm Qasr

Iraq and Kuwait signed on Tuesday two memorandums of understanding on the arrangements for the maintenance of the physical process of the border and finance the construction of a residential complex in the area of ​​Umm Qasr {}. (more…)

2 articles

28/05/2013 14:53:00
Baghdad/ NINA /– Foreign Minister Hoshyar Zebari discussed with Sheikh Jaber Mubarak Al-Hamad Al-Sabah, Prime Minister of Kuwait means of strengthen relations between the two countries in different fields. (more…)

Foreign Minister Hoshyar Zebari to Kuwait at the head of a high-level delegation to discuss bilateral files between the two countries, and the latest developments in the Arab and regional arenas.

A statement by the Information Office of the Ministry received a site Euphrates copy of it today that “Foreign Minister Hoshyar Zebari arrived in the State of Kuwait on Monday evening and was greeted at the airport, Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Sabah and senior officials in the Ministry of Foreign Affairs of Kuwait.” (more…)

Economic Committee Member: legally structures and tariff are ready to vote after the holiday

05/28/2013 12:00 AM

Ruled out the law passed the border crossing points

Committee expected economic parliamentary pass a number of important laws after the holiday legislative parliament, stressing get agree in principle to approve the law infrastructure, as well as legal tariff, and the draft Basra, Iraq’s capital economic development. (more…)

05/28/2013 12:00 AM

BAGHDAD – morning
Iraq was able to find alternative measures to the Development Fund for Iraq (DFI) with near the end of the protection of American money in it.

This was announced by Deputy Prime Minister for Economic Affairs Rose Nuri Shaways, explaining
that “the financial returns are protected by immunity CBI, and community support international, especially the U.S. government and the U.S. Federal Reserve, as well as the fact that Iraq is witnessing a continuous increase in the revenues of Finance. ” (more…)

Tuesday, 28 may 2013 18: 32

See governmental and private banks in downtown Baghdad in the current queue of citizens who want to buy the dollar as the Central Bank controls, but the daily queues scene seems unhelpful to those NHS due to the monopoly of those banks and sell for $ complicit with it for profit.

Informed sources said «the future» Tuesday that dozens of people standing in long lines every day for private banks and private doors in Baghdad in the hope of obtaining the amount of dollars offered by these banks of citizens for conversion and disposal treatment or buying and other purposes, according to the Central Bank controls, adding that many people were waiting since early morning until after office hours, and only a few of them on what the dollar amount, while the rest are communicated back to come later because Out of stock. (more…)

Sales of the Iraqi Central Bank on Tuesday declined significantly to reach 152 000 404 thousand dollars, have been covered by the bank at an exchange rate basis was 1166 dinars to the dollar, compared to yesterday Monday, as bank sales amounted to 252 000 843 thousand dollars. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 28-May-2013. The results were as follows:

Number of banks 21
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,404,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,404,000
Total offers for selling (US$) —–

Exchange rates

He attributed a member of the Committee on the economy and investment parliamentary Amer winner of underinvestment in the country and investors away, to the deterioration of the security situation and follow the routine in the instructions by local governments and investment authorities, pointing out that this is the cause of the damage to Iraq’s economy.

He said the winner told {Euphrates News} on Tuesday that “the lack of security and stability, and follow the local governments of the routine in investment transactions, in addition to underdevelopment and not keep up with developments in banking transactions in developed countries, cause economic damage to the country in general, and that because of its impact on the wheel investment” . (more…)

27/05/2013 12:00 AM

of Baghdad – شكران Fatlawi
accounted placed Iraq’s accession to the World Trade Organization attention of experts and stakeholders and specialists were divided between supporters to join the contestants about the importance of this to join or not.

In an interview the morning with expert competent and responsible file World Trade, Ministry of Commerce Abdul Salam Abdel Hafez Qaisi to shed lights on the main advantages and disadvantages of this accession. tariff is not affected Qaisi believes that WTO accession will raise the rate ceilings imposed on the importation of certain goods and ايؤدي to the removal of tariffs, as some believe, denying be joining damaging the domestic industry because the WTO agreements give Iraq the right take the necessary measures to protect its industry national in the event of any physical damage or damage caused by foreign products, competition. (more…)

27-05-2013 12:40 PM

Baghdad (newsletter). The CBI said about his approach to some corporate PBX project which connects all domestic banks consolidated communications network.

The Director General of the Department of information technology at the Central Bank to Amer Faisal Shahir (News Agency): draft national PBX is important projects at the Central Bank, which is now under way, noting that the Central announce a tender for companies to manage the project. (more…)