Archive for November, 2013

Central Bank: the exclusion of banks with less capital from 250 billion dinars from auction

Central Bank: the exclusion of banks with less capital from 250 billion dinars from auction

11/24/2013 15:23

Central Bank-the exclusion of banks with less capital from 250 billion dinars from auctionBaghdad – and babysit – decided to CBI, the exclusion of private banks with less capital from 250 billion Iraqi dinars from participating in its daily auction, as pointed out that some of the decisions of exclusion “real-time, not permanent.”
The central bank governor said Abdul Basit Turki told a news briefing, on Sunday, said that “the bank has ruled out a number of Iraqi banks and less capital from 250 billion Iraqi dinars from the currency auction conducted by Read more…

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Washington to release eight billion dollars of frozen assets of Iran

Washington to release eight billion dollars of frozen assets of Iran

11/24/2013 17:19

Washington to release eight billion dollars of frozen assets of IranFollow-up – and babysit – revealed the former president of the Iranian Chamber of Commerce, the pure Khamoshi, that the United States released this morning about eight billion dollars of frozen Iranian assets of its own.
Quoted by the Iranian news agency IRNA as saying today about Khamoshi “The Washington today released for eight billion dollars of frozen assets of Iran.”

He added that “the agreement reached in Geneva between Read more…

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Do not mind of Maliki’s third term requirement of obtaining the first place in the elections

Liberal parliamentary: do not mind of Maliki’s third term requirement of obtaining the first place in the elections

24-11-2013 12:26 PM

do not mind of Malikis third term requirement of obtaining the first place in the elections Baghdad (news) .. Detection head of the Liberal parliamentary Bahaa al-Araji, rallying under the banner of the Sadrist movement, said his bloc will not mind to take charge of the current Prime Minister Nuri al-Maliki for a third term requirement of obtaining the first place in the upcoming parliamentary elections. Araji said (of the Agency news): that ‘everyone calls transparency in the next parliamentary elections and calling for a Read more…

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Iraqi Dinar Guru opinions 11-23-13

Iraqi Dinar Guru opinions 11-23-13

Iraqi Dinar Guru opinions/predictions11-23-2013 Intel Guru TD Here’s a Very Important Update: …press release from Governor Turki & the CBI. In concert now, all parties have agreed upon the implementation phase of currency reform to take place in 2014 as the new notes & coins will be introduced. The exact dates are being finalized but it appears likely before the elections. This should put to rest any other calls by anyone or discussion that any movement of any kind, be it RV, RD, RI or RX to occur in 2013. PERIOD!! It will simply not happen. For weeks now my source has been indicating AN IMPORTANT ANNOUNCEMENT to come by this month’s end AND THIS IS IT. In the CBI press release… Read more…

Be the first to comment - What do you think?  Posted by admin - November 23, 2013 at 9:55 am

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Iraqi Dinar/Dollar auction 11-23-2013

Iraqi Dinar/Dollar auction 11-23-2013

Iraqi Dinar-Dollar auctionCurrency Auctions Announcement No. (2535)

The latest daily currency auction was held in the Central Bank of Iraq on the23-Nov-2013.The results were as follows:

.

. Read more…

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The central bank will discuss tomorrow the law of private banks

The central bank will discuss tomorrow the law of private banks

11/23/2013 12:00

The central bank will discuss tomorrow the law of private banksTomorrow’s Press / BAGHDAD: Iraqi Central Bank on Saturday, for his extended workshop on Sunday to discuss the law of private banks and receive bids so special.
The governor of the Central Bank and the Agency Abdel Basset Turki for “tomorrow Press”, “The aim of the gathering of economists and financial professionals as well as those in charge of financial management is to discuss possible amendments and what should its contents laws to get the economy moving and moving capital towards Read more…

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Kurdistan defies Baghdad and begin to export oil by the end of this year

Kurdistan defies Baghdad and begin to export oil by the end of this year

23/11/2013

Kurdistan defies Baghdad and begin to export oil by the end of this year{Baghdad: Euphrates News} favored the Minister of Natural Resources in the Kurdistan region drastically, that the export of oil pipelines in the region own through Turkey, may begin before the end of this year, both Baghdad and agreed on a plan payments or did not agree.
Hawrami said in remarks in a press conference held in Istanbul, seen by the Euphrates News Agency {} “The oil could begin to flow in the pipeline region Read more…

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Coins in Arabic and Kurdish during 2014

Coins in Arabic and Kurdish during 2014

23.11.2013 (0:01 pm)

Iraqi Dinar Baghdad / term-Presse

The central bank, said on Friday his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars. Said Abdul Basit Turki, Governor of the Central Bank and the Agency, in an interview to the (long-Presse), “The Central Bank is currently working in accordance with the tables and under the Read more…

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Shukri: Egypt’s debt on Iraq to solve the Paris Club agreement

Shukri: Egypt’s debt on Iraq to solve the Paris Club agreement

11/23/2013

Egypts debt on Iraq to solve the Paris Club agreementBAGHDAD / JD / .. Minister of Planning Ali Shukri Yusuf, Minister of Finance and the agency he is no way to settle the Egyptian government debt to Iraq, but to join the Convention on the “Paris Club”.
Said Shukri told the reporter / JD / that Egypt on Iraq government debt of $ 800 million dollars, were paid $ 400 million fully to the private sector what is called a “hawala yellow” Egyptian labor that existed in Iraq in the eighties of the last century.
He continued that we Read more…

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Kuwait reveal the remaining amounts of their compensation Iraq

Kuwait reveal the remaining amounts of their compensation Iraq

11/23/2013

Kuwait reveal the remaining amounts of their compensation IraqPalm – The Public Authority for Assessment of Compensation for losses of Kuwait by Iraq, said Friday that the remaining amount of Kuwait is estimated at 8.899 billion dollars, stressing the need to continue to maintain a transparent mechanism to ensure scrutiny of the amounts transferred to the Compensation Fund.

Quoted by Kuwait News Agency “KUNA” the head of the body Khaled Al-Mudhaf as saying during his speech to the session 76 of the United Nations Read more…

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Iraqi Dinar Guru opinions 11-22-13

Iraqi Dinar Guru opinions 11-22-13

Iraqi Dinar Guru opinions/predictions11-22-2013 Newshound Guru Stryker Article quote: “the parliamentary committee when I asked the previous administration of the Central Bank from the date the application of the project to delete the three zeroes, they replied that the year 2013 will see the completion of all the procedures for the project Kalag with companies that printed currency, etc., and the year 2014 will see the application” This is now what Finance Committee MP Abdul-Hussein al-Yasiri is saying that made him make the comments he did on Sunday about the CBI trying to lift the zeros and raise the value of the Iraqi dinar the first of 2014. Read more…

Be the first to comment - What do you think?  Posted by admin - November 22, 2013 at 9:24 am

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Central bank: we will produce next year, the currency (50) thousand Iraqi dinars and small coins in Arabic and Kurdish

Central bank: we will produce next year, the currency (50) thousand Iraqi dinars and small coins in Arabic and Kurdish

11/22/2013 16:16 Number of readings: 719

Old Iraqi coinsLong-Presse / Baghdad
Revealed the CBI, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand Iraqi dinars.
The governor of the Central Bank and the Agency Abdel Basset Turki said in an interview to the (long-Presse), “The Central Bank is currently working in Read more…

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Political conflicts hamper the budget debate in 2014

Political conflicts hamper the budget debate in 2014

Created on Friday, 22 October 2/2013

Political conflicts hamper the budget debate in 2014BAGHDAD / Mustafa Habib

Adoption of the annual financial budget in Iraq is a vivid example of the negative impact of political conflicts on the economic interests in the country suffers from poor services and investment and unemployment, but what is hiding behind the problems of the budget in 2014?.

According to the Financial Administration Act, the Council of Ministers is authorized only no budget, and is obliged to submit the draft budget to Parliament no later than 11 November (November) every year, but the current government headed by Nouri al-Maliki failed again Read more…

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Customs tariff devoid of experience and some politicians are trying to deport law to parliament next

Economic parliamentary: customs tariff devoid of experience and some politicians are trying to deport law to parliament next

Friday, 22 November /  2013 13:15

customs tariff devoid of experience and some politicians are trying to deport law to parliament next[Baghdad – where]

A member of the parliamentary Economic Committee Mura’bi Hussein, that “there are some politicians are trying to deport the customs tariff law to the next parliamentary session.”

The House of Representatives had voted in 22 of the last July on the second amendment to the customs tariff law No. 22 for the year 2010 average, while the government announced its approval in 26 of the last June on a bill to Read more…

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Add DFI funds to raise the cash reserve value of the Iraqi dinar

Add DFI funds to raise the cash reserve value of the Iraqi dinar

Posted, 11/22/2013 12:00 AM

Add DFI funds to raise the cash reserve value of the Iraqi dinarCalls for the central bank to take effective steps to restore the sovereignty
of Baghdad – Mostafa Hashemi – the joy of pumice
called Economists Central Bank of Iraq to take effective steps direction of the protection of Iraqi funds and a policy to ensure the restoration of national sovereignty them, especially after the hit Iraq, more than 110 billion dollars to creditors., and confirmed in a statement to the (morning) the importance of studying the mechanisms capable of preventing the risk of claims of creditors as Read more…

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Vice Kurdistan: the financial budget will come within the political differences of the blocks

Vice Kurdistan: the financial budget will come within the political differences of the blocks

22-11-2013 12:32 PM

the financial budget will come within the political differences of the blocksErbil (news) .. Expect a member of the Kurdistan Alliance MP / coalition blocs Kurdistan / Mehdi Haji, the budget bill for fiscal 2014 will come within the political differences of the blocks, and thus be delayed approval. said Haji said in a statement (of the Agency news): The budget for fiscal year 2014 until now did not reach the House of Representatives, which is in the Council of Ministers did not come up for a vote, how is the Kurdistan Alliance not to approve?, adding that Read more…

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Iraqi Dinar Guru opinions 11-21-13

Iraqi Dinar Guru opinions 11-21-13

Iraqi Dinar Guru opinions/predictions11-21-2013 Intel Guru TD So Where are we REALLY? Just check the CBI website and that pretty much says it all. Keep in mind, no one can stop something that hasn’t even started. What is going on is political posturing by mainly M [Maliki] supporters to release at the best time to get the most bang for your buck which is re-election. And that schedule is spring of next year. It is primarily M’s backers who are holding up revisions of bills and additional laws passed & implemented. They feel timing before election time ( no one knows or has decided exactly which month as of yet) will yield a return to their cozy seats. Read more…

2 comments - What do you think?  Posted by admin - November 21, 2013 at 9:35 am

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Iraqi Dinar/Dollar auction 11-21-2013

Iraqi Dinar/Dollar auction 11-21-2013

Iraqi Dinar-Dollar auctionsCurrency Auctions Announcement No. (2534)

The latest daily currency auction was held in the Central Bank of Iraq on the 21-Nov-2013.The results were as follows:

. Read more…

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Company discovers quantities “significant” increase oil and gas reserves figures Iraq

Company discovers quantities “significant” increase oil and gas reserves figures Iraq

THURSDAY, NOVEMBER 21 2 / 2013 09:48

Company discovers quantities significant increase oil and gas reserves figures IraqTwilight News / An official at the South Oil Company, on Thursday, on the presence of large quantities of crude oil and natural gas in the field of Sinbad 2 within the Sinbad oil field, as pointed out that this discovery will change the number of Iraqi crude oil reserves.

Sinbad field is located in the district of the Shatt al-Arab near the Iraq-Iran border; has tried the Brazilian company Petrobras in 1974 explored but failed. Read more…

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Iraq to fulfill all its obligations with Kuwait by the end of 2015

Iraq to fulfill all its obligations with Kuwait by the end of 2015

21 Nov 2013

Iraqi DinarHoshyar Zebari, the foreign minister of Iraq, stated that Iraq will fulfill all the international obligations that the country has especially towards Kuwait in 2015. He also added that the outstanding issues between Kuwait and Iraq have been processed through cooperation and mutual trust.
Conversing with the reporters of local media and press on the sidelines of Iraq’s participation in the third Arab-African summit, which is anticipated to be held in Iraq, Mr. Zebari also said, “The two Read more…

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