Posts Tagged ‘Investment’

{Baghdad: Euphrates News} Committee warned the economy and investment representative of wasting money the federal fiscal budget for next year in case of staying on the old style in running things, and stressed the need to go to a market economy and dependence on investment and the private sector.

A member of the Committee MP Salman al-Moussawi told {Euphrates News} that “all things conducive to the economic renaissance in the country, but we just need to develop a clear strategy, especially as the country is rich in human and natural expertise and market promising, and we just need to put our feet on the road correct, the answer to the question .. Are we with the economy the former totalitarian or a market economy, which we call him, the Constitution is clear in this regard. ” (more…)

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The current credit rating of Iraq fits and economic reality; Call to speed up installing formally

12/11/2013 0:00

seeks most governments and countries, companies or funding agencies to obtain credit rating in order to facilitate their access to finance that you want through the local markets or external reason to force the pace to get the highest degree of classification between countries the world to improve its reputation and economic development of the joints of the various productive sectors, to confirm for countries wishing to invest that its economic structure intact and its environment are valid, as well as the credit rating alleviate the cost of borrowing at the State’s need to decode Achtnaqatha financial external debt. (more…)

10-12-2013 12:21 PM
Baghdad (newsletter). Oil and Energy Committee, the importance of read investment Bill, because it will boost the oil sector by attracting foreign and domestic companies to invest in the oil sector.

The oil Commission said MP/Kurdish Alliance (News Agency): the old oil investment law was seen on the investor ‘ thief ‘ for riches, but after the amendments before the Parliamentary Committee on oil specialists to make the law as seen on the investor and major contributor to the economy. (more…)

On: Sat 12/07/2013 11:00

The news agency here south / Anmar al-Zaidi

Fidelity National revealed that investment in Iraq has a lot of gaps and problems that hinder the evolutionary process of the country.
The head of Fidelity National Engineer Sherwan Waeli in an interview, “Here for the south,” said investment in Dhi Qar and the country in general, a lot of gaps and problems that hinder the evolutionary process because of some land and investment laws that are disabled or not attractive for investment. (more…)

Calls for new legislation to amend the investment

11/21/2013 0:00

The Chairman of the International Federation of businessmen in Iraq d. Hamid punitive that the economy is suffering from structural imbalances that lasted for decades, pointing to the need to modify some of the previous legislation in order to promote the performance of the private sector to play a role in the development process in the country, which have become necessities during the next phase as well as the importance of the partnership between the public and private sector and reduce the phenomenon of import . (more…)

VietNamNet Bridge – International investors and foreign direct investment (FDI) enterprises operating in the country may be allowed to open investment accounts in Vietnamese dong in addition to those in foreign currency.

The central bank has been passing around a draft circular governing the management of foreign exchange operations related to FDI enterprises in the country. (more…)

Parliamentary economy: the use of foreign expertise for the advancement of the economy of Iraq is important
Saturday, October 16 2 / November 2013 14:16

Saw a member of the Committee of Economy and Investment parliamentary Abdul Hussein Abtan use of foreign expertise is important for the advancement of Iraq’s economy.

He Abtan told all of Iraq [where] “As long as we confirmed that Iraq has not received attention by producing countries and invested and still suffers from significant problems including poor visions and plans of economic and development and use of Iraq expertise foreign longer order is true and important and is supposed to be a long time ” . (more…)

2 articles 

Economic openness

11/13/2013 12:00 AM

stressed the President of the Federation of Iraqi Chambers of Commerce Jaafar al-Hamdani on the need to develop plans openness deliberate on the blocks of the global economic which owns the technology and recent experiences.

said Hamdani, in an interview for the “morning” that the country needs to the international effort in activating the activities of economic sectors, all of us, pointing out the importance of orientation towards the economically developed countries, which have specialized companies with the International Classification of Advanced and build bridges of cooperation to serve the two parties. (more…)

10/23/2013 12:00 AM

BAGHDAD – morning
counting parliamentary Investment Law No. 13 of 2013 and its amendments Palmrn to its potential in facilitating investments, but did not reach the standard format to attract.

said a member of the Economic Commission parliamentary deputy Abdul-Abbas Xiaa: The legislation window to اتلبي ambitious investor in some joints. pointing out that Amendment expected the investment law will be issued to contain loopholes that confuse reality venture. (more…)

Sec General calls to raise the old laws faced by foreign investors

14/10/2013 17:11
the Secretary General of the Council of Ministers on the Keywords, on Monday, the legislative and executive branches to raise the old laws faced by foreign investors, saying that the real investment needs to be supportive of laws and appropriate ground for foreign investors.

Keywords said “tomorrow’s Press,” that “the legislative and executive branches to raise the old laws faced by foreign investors with respect to the banking and Alkmarki sectors and to allow them to exercise their investment activities under the umbrella of the supervisory authority Tiei.” (more…)

wto10.10.2013 12:00 AM

counting Economists investment agreements and economic signed by Iraq with the countries of the world one of the important steps that pave the way for Iraq’s accession to the World Trade Organization because it is considered a first step towards collective bargaining.

Economist and academic, Dr. Acer Yassin said in a statement (morning): The “hold these agreements to the benefit of both sides through the exchange of experiences and attract investments and allow foreign investors and the Arabs.”

said Yassin said the Iraqi investment law gives the group guarantees and benefits for foreign investors, especially in the field of construction and reconstruction, these benefits have not benefited Arab investor in the past few years, as it did not try to invest in Iraq and the trend towards the Iraqi economy because of security conditions, so it must attract Arab investors to be construction projects pilot. (more…)

08-10-2013 10:01 AM

Baghdad (newsletter). He called the economy and Investment Committee member MP/Abdul Al-Abbas sheyaa, the Central Bank to speed up the implementation of the project of linking the local banks with a unified communications network to facilitate financial transactions and to create environment for investment and development in the country.

Said sheyaa (News Agency): the planned Central Bank and link the local banks with a unified communications network operated by the international company will contribute to the development of the banking system. (more…)

10:29 04/10/2013
Deputy: Credibility in the implementation of economic laws one of the reasons for the success of investment

A member of the Economic Committee MP / Kurdistan Alliance / Mahma Khalil, said that security and stability and credibility in the implementation of economic laws led to the success of investment in Kurdistan. (more…)

10/01/2013 12:00 AM

Bandar: objectives of the Commission to facilitate the entry of investors
BAGHDAD – Farah pumice
ذللت National Investment Commission many of the obstacles faced by the investor when he entered Iraq for the purpose of implementation of investment projects in different sectors and, therefore, are important steps to contribute to the support of the local economy.
Director General of the single window in the National Investment Authority, Dr. Abdullah al-Bandar said (morning), that the objectives of the Commission to facilitate the entry of investors to Iraq, as well as privileges and guarantees provided by him through the law in force.

(more…)

09/29/2013 12:00 AM

BAGHDAD – Farah pumice
increased calls for specialists to points of the legislative and executive branches need to activate the legislation of laws that support the local economy and encourage investment in several areas, as well as laws that safeguard the process of free competition in the fields of trade, industry and agriculture.

economic expert, Dr. Majid picture he felt “there is no understanding integrated market economy, because it does not mean that the private sector only, but the contribution of the public sector in it. said Suri (morning): “The package of laws needed to encourage investment and national output is disabled or legislator, because the main objective to encourage them is to activate the legislation of these laws investment and improve the local economy. (more…)

24-09-2013 07:35 AM
Baghdad (newsletter). He is a member of the Finance Committee, a Deputy from the Kurdistan blocs Coalition//Jimmy is capable, from the continued deterioration of the security situation in the country because it will affect the work of the few foreign companies that operate in the country.

He is capable (for the news agency news): global companies typically look for two things for the purpose of investment security and profitability, adding that security agent in the country almost non-existent because of frequent bombings, assassinations and threats, all these are not reassuring to foreign investors. (more…)

24/09/2013 12:00 AM

saw the academic economic Dr Majid Baidhani that economic laws old, which is still in force until now limit the activity of the private sector and impede the investment process.

said in a statement (morning) that the private banking sector, for example, has the desire to enter into the process of economic development, but the Article 28 of the Banking Act represents the main obstacle to private banks as it prevents them from direct investment in various projects. (more…)

11-09-2013 12:44 PM

Baghdad (newsletter). Member of Commission on economy and investment/MP Abdul Al-Abbas sheyaa, adjustments to current investment law by the Council of Ministers to support the investment process and attract foreign companies to work in the country.

Said sheyaa (News Agency): the investment law No. 13 of 2006 when applied on the ground astdm by several obstacles, prompting the Cabinet to form a Committee made up of the national investment Commission and provincial bodies and State Council of redrafting and amending certain paragraphs. (more…)

05-09-2013 05:28 AM
Baghdad (newsletter). Invited Member of the Committee on the economy and investment, a Deputy from the Kurdistan blocs Coalition//j. shankali, the need to grant special privileges to fetch headers domestic funds overseas for the immigrant investment in the country.

Said shankali (News Agency): escape the heads of local funds abroad due to the poor security situation in the country which constituted a major threat to domestic and foreign investors, as they met lone investment in neighbouring countries. (more…)

Al Ghad newspaper – 09/02/2013 –
Amman – occupied Iraqis ranked first among foreign investors registered with the Companies Control Department during the first seven months of this year, according to data released by the department.

The number of Iraqi investors 529 investors make up 36% of the total number of foreign investors during the first seven months of the current year The solution in the second Syrians number 427 investors and by 29% of the foreign investors in third place 46 investor Emirati and 3% of the total number of foreign investors.
(more…)

Raise the level of Iraq’s credit rating attracts investments and achieve development

08/31/2013 12:00 AM

called Economists actors economic government in the country need to speed up resolving the issue credit rating of Iraq because of its great importance in attracting foreign investment and give the perceptions of the economic right to the investing companies as well as being one of the most factors in the banking sector reform. (more…)

Mayahi: entry of foreign banks to Iraq reality will promote the country’s investment
24-08-2013 07:46 AM
Baghdad (news) .. A member of the Finance Committee MP / National Alliance / AMEER Mayahi, that the desire of foreign banks discreet to open branches in Iraq will contribute to the advancement of the process of investment and promotion of banking activity in the country and motivated by the development. (more…)

24/08/2013 12:00 AM

is insurance on investment projects implemented by foreign companies with insurance companies Iraqi urgent need to achieve the greatest benefit to the economy, because that – according to academic economist – contributes to the employment of money and the expansion of domestic investment in various sectors because companies Insurance can benefit from hiring their money in many ways to ensure the sustainability of its business through the achievement of revenue good investments and real estate loans and contribute to private sector companies and mixed. (more…)

19 Aug 2013
Economic Analyst, Ibrahim Al-Mashhadani attributed that declining non-Iraqi dealings in Iraq market for securities to lower the value of shares traded and the unstable security situation in the country.

He stated that the foreign investors are worried on the financial speculations of the country. Investors are concerned about buying stocks in Iraq market for securities because of the deteriorating security situation; the time is not appropriate and not profitable. (more…)

17-08-2013 07:01 AM
Baghdad (newsletter). He attributed the economic analyst Ibrahim Al-Mashhadani, declining non-Iraqi dealings in Iraq market for securities to lower the value of shares traded and the unstable security situation in the country.

He said Mashhadani (News Agency): foreign investors worried about financial speculation and to buy stocks in Iraq market for securities because of the deteriorating security situation, the time is not appropriate and not profitable. (more…)

confirmed the Commission on oil and energy parliamentary, it’s the process of an amendment the second law on private investment in the field of oil to encourage domestic and foreign companies to invest in the oil sector.

Said decision of the Commission on oil MP / Kurdistan Alliance / Qassim Mohammed Qassem: that his committee had conducted an amendment to a preliminary law on private investment in the oil field, and now the process of an amendment the second out format agreed by the parliamentary blocs to be passed to the presidency of the Council for the purpose of voting. (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…)

The Deputy excludes domestic capital flight abroad because of the deteriorating security situation in the country

06-08-2013 01:20 PM

Baghdad (newsletter). Member of the Finance Committee ruled out MP//Secretary Hadi, domestic capital flight abroad and foreign companies ‘ reluctance to invest due to the deteriorating security situation in the country, stressing the desire of many companies to enter the Iraqi environment for business and investment. (more…)

Economist expects capital flight from Iraq in the coming months

BAGHDAD / News: detecting an economist Majid picture, on Saturday, the possibility of capital flight Iraq and Alajnah from the country during the next few months because of the unstable security situation, calling on the government to speed up reassure local and foreign investors to operate in Iraq. (more…)