Archive for July 2, 2013

Screen Shot 2013-06-27 at 1.52.07 PMBy Nawzad Mahmoud and Miran Hussein

SULAIMANI, Kurdistan Region – The lifting of the United Nations’ Chapter 7 sanctions against Iraq is receiving mixed reaction among Iraqis, with some welcoming the move and others worried about its impact, given existing ethnic, sectarian and political tensions.

Minorities have been especially concerned, apprehensive that the Iraqi government — without a leash – could turn into yet another threat, paving the way to renewed dictatorship. (more…)


UNAMI02/07/2013 | 09:29 PM | World News

UNITED NATIONS, July 2 (KUNA) — US Deputy Permanent Representative and Security Council President Ambassador Rosemary DiCarlo on Tuesday said that when the Council renews the mandate of the UN Assistance Mission in Iraq (UNAMI) on July 24th, it will “refer” to the new tasks it assigned to the Mission in resolution 2107 regarding the missing Kuwaitis and property. (more…)

Screen Shot 2013-06-28 at 7.52.08 PM02/07/2013 (00:01 pm)
Timid rise in the value of the dinar was accompanied by a decrease in demand for the dollar

Experiencing the local market at the present time high shy of the Iraqi dinar against the dollar amid expectations of a number of companies and shops owners banking increase in the value of the Iraqi dinar in the coming period because of the touched lack of demand for the dollar and keep the citizen because of belonging to the local currency. (more…)


Called on the Finance Committee in the House of Representatives of the Central Bank to take 3 important steps to maintain Iraqi Srvaldanar rate against the U.S. dollar, stressing the need to block the work of intermediaries between buyers and selling auction. (more…)

Student Governor of the Central Bank of the former Iraqi Shabibi release bank staff and employees detained for more than 6 months at least.

Shabibi said in a statement, received the Agency for News News (et) a copy of the detainees are both adviser and member of the Board of Directors of the Bank Hassan Hashem al-Haidari and Associate Director of money laundering Fawzia Kazim Ali and general manager of banking and credit Hazem star Ani and general manager of accounts Haifa Peter Raphael. (more…)

Confirmed the parliamentary economic committee, on Monday, said that frozen Iraqi funds freed from the constraints imposed on them after the withdrawal of Iraq from Chapter VII, noting that these funds are found in various international banks, particularly the U.S., Britain and Switzerland, pointing out that they will use in the provision of infrastructure infrastructure and armament file, as revealed by observers from the possession of the

Central Bank of nearly $ 84 billion in global banks the government can not manipulate them. (more…)

01-07-2013 09:35 AM

Iraq emerged from the provisions of Chapter VII, which were imposed after the invasion of Kuwait by the former regime in 1990, to return to the international community, after about 23 years of suffering and scourges, which paid for the Iraqi people.

Members of the parliamentary Economic Committee on certificates (News Agency): happiness ‘ Edit funds Iraq protection United States ‘ rivers will act freely in his money. (more…)

Iraqi Foreign Minister Hoshyar Zebari said during a meeting with U.S. delegation
And Washington welcomes the exit of Iraq from Chapter VII and is free of weapons of mass destruction

02/07/2013 11:51

He and U.S. Energy Secretary Ernest Jeffrey, on Tuesday, welcomed the exit of Iraq from the provisions of Chapter VII and Aafah its international obligations regarding the elimination of weapons of mass destruction, and stressed the need for cooperation in order to prevent leakage or infiltration of radioactive materials through the Iraqi-Syrian border, while Foreign Minister Hoshiyar Zebari appreciation Baafa the United States U.S. implementation of its obligations and technical support to the ministries. (more…)

$ 130 billion budget 2014

02/07/2013 12:00 AM

Increase the cash reserves of the Central Bank will strengthen the stability of the dinar

predicted the Finance Committee parliamentary an increase in the general budget for the year 2014 by between 7-10 percent from the current year budget, while the Ministry of Finance announced yesterday completed its image preliminary and that it will discuss the draft of this week with the ministries and independent bodies, under these projections, the budget next year would be about $ 130 billion. (more…)

01/07/2013 12:00 AM

said the Registrar of Companies at the Ministry of Commerce increasing number of foreign companies registered in the district in recent years. reviewed the director of foreign companies in the Ministry of Commerce Huda Ali told the (morning) stages of recording companies during the past years, saying that the year 2003 saw a record 6 foreign companies, noting that the year 2004 saw a record 254 foreign companies, while the number fell in 2005 to up to 140 companies only because Machdh that year of unrest and unstable conditions. (more…)

Iraqi Ministry of Trade and Iraq’s Union for Chambers of Commerce Predict that the market will witness in the upcoming few months a qualitative trade movement after Chapter Seven sanctions imposed on Iraq were lifted.

Iraq is expected to regain its normal position and its wide-spectrum international transactions; confirmed.-officials and economic experts after Chapter Seven sanctions imposed on Iraq were lifted; which will reflect positively on the Iraqi market in the next few months. (more…)

01/07/2013 12:00 AM

drew an economist that the role and performance of government and private banks is still limited, although there are 53 banks in Iraq between government and civil pointing out that Iraq was until recently considered an important source of export competencies banking good to the world. (more…)

French Ambassador: We welcome the exit of Iraq from Chapter VII

02/07/2013 12:00 AM

Announced pursuit of his country to invest in Dhi Qar
Nasiriyah Hazem Mohammed Habib
said the French ambassador to Baghdad, his country’s welcome the exit of Iraq from the provisions of Chapter VII, which will pave for the arrival of major foreign companies to invest in Iraq in all fields, noting that the security file is going well and effectively. (more…)