Archive for August 10, 2013

ooo09 Aug 2013

Parliamentary commission of economy and investment of the Central Bank has been called by Iraq news network, in order to discuss the significance and process of deletion of zeros from the Iraqi currencies.

It has to be noted that Iraq has recently got freedom from the sanctions of Chapter VII and according to the economic experts; it is advantageous to make decisions regarding restructuring of Iraqi currency at this moment. As the sanctions have been withdrawn, it is expected that Iraq will gain more business power in the world and will soon become a popular place for business venture. (more…)

Screen Shot 2013-06-28 at 7.52.08 PMMember of the economy: the Iraqi dinar will see its price improvement against the U.S. dollar in the coming period
Iraq Business Directory – 08/07/2013 – 8:03 pm | Hits: 61

Most likely a member of the Committee on the economy and investment MP / coalition of Kurdish blocs / Jassim Mohammed شنكالي, improved Iraqi dinar exchange rate against the U.S. dollar in the coming period after taking the necessary measures by the central bank to strengthen it. (more…)

BAGHDAD / News: called the parliamentary Finance Committee, Wednesday, the central bank to monitor the banking offices to curb speculation in the dollar, while attributed the continuing decline in the exchange rate of the dinar against the dollar to activate the activity of speculators in the currency.

A member of the Committee Hassan’s Ozmn “News”, “The continuing decline in the exchange rate of the dinar against the dollar could Nazih to any activity of speculators in the currency of Finance.” (more…)

08-08-2013 08:19 AM
Baghdad (newsletter). Member of the Finance Committee, MP for the Kurdistan blocs Coalition//Jimmy, the intention of its special Act legislation for banks supports the Iraqi banking system with the participation of international experts and financial advisers.

He said capable (News Agency): the current banking law is supportive of banks permitted investment and technological techniques in modern banking, being a work in old non-innovative mechanisms and not keeping pace with developments in world banking. (more…)

Editor: BS, NF 10/08/2013 12:57

Revealed to the Commission on oil and energy parliamentary Saturday, a draft law to establish a national company for the oil to be Supervisor extracted in all parts of Iraq, including the Kurdistan region, while confirming that the draft raised the Presidency will be discussed after the Eid holiday, she noted that “the company will be Iraqi one hundred percent, without foreign participation. ” (more…)

10-08-2013 12:21 PM
Baghdad (newsletter). Economic Affairs Specialist, said Ghazi al-kinani, said Iraq does not need the global experts in the field of investment, stressing that Iraq possesses high competencies of specialists the best you can.

He drew (News Agency): that Iraq needs a secure environment and political stability and economic and social development, in addition to investment possibilities you can eliminate administrative and financial corruption, stressing that Iraq doesn’t need to bring a global investment expertise. (more…)

Industrial development expert said at the United Nations [UNIDO] Ali al-Sudani said “the scourge of corruption hinder investment in Iraq.”

He said the Sudanese in a statement received news agency public opinion a copy of “out of Iraq from Chapter VII is an important event and embarrassment in the history of modern Iraq and a means important to bring about developments and gears quality levels of technological and scientific in all economic sectors, research and scientific, he also gives the financial and banking sector greater freedom and more credibility in dealing with global banks and in a form which provides financial cover depends upon by the foreign investor to enter into a large and important projects in Iraq. ” (more…)

On the occasion of Eid al-Fitr last trading session in Ramadan on Wednesday, August 7, 2013 the first session after the Eid on Monday, August 12, 2013 Happy New Year 07/30/2013 17:12