Bankers discuss how foreign banks will impact Iraqi economy

Bankers: the opening of branches of foreign banks in Iraq  investment in the country

01-08-2013

Machhdh the country of a large movement in banking was evident among some foreign banks to begin arriving on Iraq to open branches, which he found some of the points of legislative and governmental organizations and specialists step in the right direction while it considered private banks Iraqi that it does not support the Iraqi banking system.

UN: Kuwait, Iraq submit Message of Understanding on Umm-Qasr project

31/07/2013 | 07:41 PM | Kuwait News

UNITED NATIONS, July 31 (KUNA) — Kuwait and Iraq deposited with the UN a copy of the Memorandum Of Understanding (MOU) they concluded late last May concerning the financing of a project to build a housing complex in Umm Qasr, and requested that it be issued as a Security Council document, it was announced in a letter issued on Wednesday.

The MOU, signed by Kuwaiti Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khalid Al Hamad Al Sabah and Iraqi Foreign Minister Hoshyar Zebari, and issued on Wednesday as a Security Council document, said it was meant to “strengthen the close historical ties” between the two countries and to affirm Kuwait’s belief in the need to support ongoing efforts to rebuild Iraq.

Iraqi economists: Violent environment reasons for the deterioration of economy, GDP, and rising inflation

30/07/2013

Confirmed economists and specialists Iraqis, said Tuesday that violence and political disagreements continued in the country are “environmentally repulsive” for domestic investment and foreign alike, while Benoit that the orientation of consumer growing in the country under the direction of internal and external forces, and “the greed of parasites” of traders , led to a monopoly and a significant rise in prices internally despite the decline globally, some of whom felt that would solve the electricity crisis that contribute to an increase in domestic production and reduce inflation.

Maliki will seek a 3rd term for PM, says Dahlaki

Thursday, 01 August 2013 15:28 | | |

Baghdad (AIN) -The member of the Iraqiya Slate stressed “The Premier, Nouri al-Maliki, seeks assuming the PM post for a third term rather than to resign from his post.”

Muhammadawi: Most prison escapees have been captured

08/01/2013 08:39

The Secretary-General of the coalition of the Sons of Iraq fervent Sheikh Abbas Muhammadawi, said on Thursday that “most of the criminals escaped from the prison of Abu Ghraib had been arrested by the security services, and still some of them are hiding in different parts of Baghdad and its outskirts.”