President of the Islamic Bank of Iraq: we need a lot of support to help provide good banking services

  01/16/2013

Baghdad (news) .. Invited the Chairman of the Board of Directors Iraqi Islamic Bank Ahmad Walid Ahmed, a need to assess the performance of the work and support of private banks everything you need to provide quality banking services to citizens and investors.
Ahmed said (of the Agency news): The Islamic Bank of Iraq to work on the development of all sections, which led to receiving a lot of foreign companies in dealing with the bank.

He added: that the bank is focused on the oil sector and supports oil projects in southern Iraq and in full, noting that foreign companies dealing with the bank, according to provide them with good services and investment environment and banking and credit facilities.

Stressed: the importance of evaluating the work and performance of private banks and support everything you need for the advancement of the banking reality, because there are Iraqi banks are working seriously and reached advanced stages in the work you do not know the government and its institutions.

The Iraqi Islamic Bank for Investment and Development was founded on 12.19.1992, has begun to exercise done according to central bank approval as is the first private bank in Iraq and the first bank operating in accordance with Islamic Sharia.

And capitalized at (152) billion dinars but after demanding the central bank to increase capital banks reached capital of the bank to (250) billion dinars with the support of companies and institutions, and with the bank (17) branches in different governorates of Iraq. / End / 8. N. P /

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Iraq 2013 will emerge from Chapter VII

13/01/2013

Revealed the Foreign Relations Committee in the House of Representatives near the exit of Iraq from the provisions of Chapter VII, stressing that there are four remaining files are being settled with the Kuwaiti side, which in turn stressed its support for ridding Iraq of international sanctions, believing it to be certain.
A member of the Foreign Relations Committee in the Council Hassan Chuird in a statement to Page approaches strategy that be published (New Morning) next Sunday that «in 2013 will exit Iraq and permanently from the file of international sanctions», adding that «the four files left over with the Kuwaiti side which supports the border and the Missing and territorial waters, as well as airlines that have been resolved 80% of them and wait for the coming period curtain at all.
After the completion of dialogues with Kuwait, said a member Chuird that «the government will go by clicking on friendly countries like the United States and the European Union in order to vote on the exit of the country from Chapter VII and restore full sovereignty», warning Iraq's survival in the jurisdiction of this chapter «which gives authority to the Security Council International lowered military forces in Iraq when there is a need for that.
In contrast the Kuwaiti ambassador in Baghdad to the insured in a statement to 'New Morning' his government's keenness on Iraq would emerge from the threat of international sanctions.
And between the believer that «Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah announced on more than one occasion that the interests of Iraq to get rid of the Chapter VII of his country's interest and there must be an end to all the files between the two countries.
And witnessed Iraqi-Kuwaiti relations in recent progress in relation to solving some outstanding problems, as the parties agreed during the visit of Prime Minister Nuri al-Maliki last of Kuwait on the fourteenth of March last, to end the issue of compensation for airline Kuwaiti and maintenance of border markers, as agree on common foundations and frameworks to resolve all the files within short time scales, with the exception of Foreign Minister Hoshyar Zebari, who accompanied Maliki on the trip to what has been agreed upon is significant progress with regard to the exit of Iraq from Chapter VII.
In another context, Kuwaiti source revealed early Friday that the Kuwaiti Ministry of Interior has allowed its citizens to travel to Iraq without a permit.
The news agency MENA news source as saying that «the Minister of Interior Sheikh Ahmed Hamoud issued a decree allowing Kuwaiti citizens wishing to travel to Iraq through the port land (Abdali) or by air via Kuwait airport without having to obtain a permit or permission to enter».
She added that according to the decision of the Kuwaiti citizen does not need when traveling to Iraq only to obtain a valid visa by the Iraqi embassy in Kuwait, as well as the presence of a valid passport.
She said this decision was implemented with effect from last Wednesday to facilitate the Kuwaiti citizens when traveling to Iraq without extraction permit to enter. 

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Mahma Khalil: the Council for Economic Reform can not promote the national economy

 13/01/2013

Baghdad (news) .. Ruled out the decision of the Commission on the economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, organizing and development of the Iraqi economy when establishing the Council for Economic Reform which the government intending inception.
Khalil said (of the Agency news): The national economy needs a stable political environment and security climate that is attractive for the advancement, noting that the Iraqi environment repulsive rather than attractive for investment.

He added: that the idea of ​​establishing a Council for economic reform does not help to organize and develop the national economy, but developed comes by eliminating the financial and administrative corruption and the translation of legislation on the ground Kaltarifah customs and protecting local products to take advantage of the promising possibilities in the national economy.

He had announced to economic and investment commission parliamentary pass a bill establishing the Council for Economic Reform in the House of Representatives after the vote on the budget bill. / End / 8. N. P /

 

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Economist: the need to implement the project to delete the three zeroes in the current year to support the national currency

 

 

 

06/01/2013













Baghdad (news) .. Economic expert called peace Quraishi, the need to apply the project to delete the three zeroes from the currency because it hurt to serve the citizen and the national currency by reducing the monetary blocs with large groups in the local market.
Quraishi said (of the Agency news): The implementation of the project for restructuring the Iraqi currency after deleting the three zeroes which is necessary for it would serve the citizen and the national economy, considering that groups large will turn into a thousand small unit, which will facilitate transactions in the market and accounts for government departments.

He added: the government must support the national project because it will contribute to strengthening the power of the Iraqi dinar and the national economy, stressing the importance of expediting its implementation during the current year.

This central bank is preparing for the implementation of the project to delete the three zeroes from the national currency after the completion of all procedures related to the project, but so far no date has been set for its application due to calls from some officials to postpone it.

The Council called for the prime minister the central bank to wait to draft deleted three zeros from the local currency, saying he was a big project and it needs enough time to apply. / End / 8. N. P /

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Sources: Najafi received a request from a number of MPs to interrogate al-Maliki

06/01/2013





Informed sources revealed that House Speaker Osama Najafi received a request from a number of MPs to grill Prime Minister Nuri al-Maliki.

The sources said that a large number of deputies handed House Speaker Osama Nujaifi a request to question the prime minister about the practices of the security forces towards
Detainees and detention centers.

The sources said: "It will be announced this request in a special meeting to be held today


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Urgent: the meeting of heads of political blocs headed by Najafi

Sunday, 06 January

Baghdad / Orr News

Held House Speaker Osama Nujaifi shortly before a lengthy meeting with the heads of political blocs to discuss the political situation. And the rhythm of the crisis awaits politicians emergency parliamentary session scheduled to heal today, despite the announcement of the members of the state law region.

Observers believe that the meeting if held may pose many of the contentious issues, including the demands of the demonstrators, has a capacity under the roof of the dispute, even up to the claim to withdraw confidence from the government.

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Iraqi List confirms quorum for the special session of the House of Representatives

05/01/2013

Confirmed the Iraqi List, a quorum for the special session of the Iraqi Council of Representatives, which will be held next Sunday, will be completed record straight, through the presence of the Iraqi List and the Kurdistan Alliance bloc and the Liberal block of the Sadrist movement. The MP said the Iraqi Khalid al-Alwani's "Khandan": that the Iraqi List told all deputies to attend the parliament session for Sunday, adding that the Kurdistan Alliance announced its support to attend the meeting as well as the Liberal bloc, noting: that the number of members of these blocks to achieve a quorum for the meeting of 163 deputies.

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