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mike alfred

500% Increase in Rasheed Bank Capital - 0 views

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    Iraqi Dinar 123 News:- The General Secretariat of the Council of Ministers announced that they are approving the capital of Rasheed Bank of Iraq from 50 billion dinar to 250 billion according to company Act 22 of 1997. The bank received massive investment from foreign investors in the country in last one year.
mike alfred

Capital Flight is a Real Headache For The Iraqi Govt. - 0 views

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    The capital flight from Iraq has become a serious issue for Iraq government because of the recent clashes between Iraqi security forces and militants. Despite of government surety of protection, most of the foreign companies have shut down their business operations in many of the big cities of Iraq temporarily.
mike alfred

Impact of Capital Flight on The Currency of Iraq - 0 views

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    Iraqi Dinar 123 News:- Due poor law and order situation and delay in the annual budget, Iraq is facing capital flight from its country. Numbers of foreign companies are withdrawing their funds from Iraq banks.
mike alfred

Capital Bank of Jordan Opening New Branches in Iraq - 0 views

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    The central bank of Iraq is struggling hard to attract international banks and other foreign investors to invest in the country and open new branches in the different cities of Iraq.
mike alfred

Capital Migratories Need to be Invited With Great Attractions - 0 views

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    The financial capabilities of the country are facing a lack of proper development. The tactics used for the betterment of the different industries are quite helpful for a better management of things. It has been seen that the present condition is better than what had been happening since some time due to which the conditions of the country are getting better.
mike alfred

Iraqi Government to Rise Land Bank Capital - 0 views

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    Iraqi Dinar 123 News:- The capital of the Land Bank was increased from 150 billion dinars to 500 billion dinars. This was important according to the council Members and the Prime Minister who announced the amendment in a special meeting. The statement that announced the amendment also said that this was an important thing to do.
mike alfred

Chances of Dinar Revaluation And Capital Flight Issue - 0 views

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    The governor of central bank of Iraq in his statement said that he is fully confident that Iraq economy will not be affected by recent clashes in the country and they will be able to maintain their currency in the international market.
mike alfred

The Trusteeship of CBI Lifts Capital by 150 Billion Dinar - 0 views

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    The economic bank of Iraq could not fulfill the financial obligations with the other international and local companies the minimized the trust of the people and international companies over banking sector of Iraq. Central bank of Iraq received many of the complaints against economy bank of Iraq.
mike alfred

Revaluation of Iraqi Currency is Dependent on Iraq's Current Political Situation - 0 views

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    Iraq is a republic, which is situated in West Asia. The currency of the country is dinar and its capital is Baghdad. Its official language is Arabic and Kurdish is also spoken widely. 2003 appeared a bad year in Iraq as US troops invaded Iraq in the result of a claim that Iraq did not give up completely its nuclear weapons.
mike alfred

Private banks tend to invest in development projects flowability - 0 views

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    Association of private banks in Iraq resolved hurry to go to the possibility to take advantage of capital these investing for the purposes of development, this is what we reached him President of the Association Adnan Chalabi in an exclusive interview
mike alfred

Clashes About to Reach in Baghdad - 0 views

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    Despite the claims of security forces of Iraq, the militants advancement is continue towards Baghdad and now they are in Baquba, the city near Baghdad. According to recent BBC reports, the militants have gained the control of this city and now so close to Iraq capital city Baghdad that is the destination of Islamic militants ISIS.
mike alfred

Why Activating the Economic Cooperation System is Essential - 0 views

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    It is very important to activate the economic cooperation system. This is needed for the betterment of the country; to increase the bilateral trade system and to develop the economic growth. It is important for the development of Iraq to have a good capital system managed in such a way that strategies implemented by the different organizations of the Arab and other economic expert companies around the world.
mike alfred

Banking System Needs Improvement - 0 views

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    Iraqi Dinar 123 News :- Economists have said that the banking sector of Iraq needs development according to the latest techniques followed all over the world. The first thing to do is that the central bank of Iraq needs to raise its capital to 250 billion dinars for each bank.
mike alfred

International Companies to Invest in Iraq - 0 views

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    Iraqi Dinar 123 News:- The Baghdad Arab Municipality Corporation and several other companies are expected to invest in the capital, Baghdad in several different sectors. The Directorate of media relations said that all the details are available for the management of different projects. The details regarding the different projects mean managing things in a better way.
mike alfred

Iraqi Economy Not Affected According to Economists - 0 views

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    Iraqi Dinar 123 News:- According to recent news from Baghdad, the banking sector is being influenced by the Iraqi Economy. It is a good idea to withdraw money and capital and invest in the Kurdistan region. The money is not too much how ever it can be termed as an asset for the Iraqi banks.
mike alfred

Sophisticated Banking System is Required to Combat Money Laundering - 0 views

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    Shkran Fatlawi, the banking specialist stress on the need of sophisticated banking policies to combat the money laundering or the economic development of Iraq. There must be a better system to monitor the movement of capital throughout the country. Otherwise the sick banking system can destroy the economy of the country.
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