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mike alfred

Transfer Companies Entry in CBI Auction Can Trigger Dollar Smuggling - 0 views

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    Experts: Transfer Companies Entry in CBI Auction Can Trigger Dollar Smuggling Central bank of Iraq signed a contract with money exchanger companies to take part in the auction sales at central bank of Iraq. The purpose is to expand the auction of dollars at central bank.
mike alfred

CBI Allows Financial Companies to Open Bank Accounts in USD And IQD - 0 views

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    With the aim to stabilize the currency of Iraq, the central bank of Iraq allowed money exchange companies to open bank accounts in Iraqi dinar and US dollar directly in central bank. The purpose of these accounts to expand the sales of US dollars and other foreign currencies so that dinar could be stabilized in the country. More than 34 local and international companies instantly accepted the offer of central bank for opening accounts.
mike alfred

Companies Registration is Essential for Better Management System - 0 views

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    Iraqi Dinar 123 News:- It was announced by the Director of the Ministry of Commerce that the need for the registration of companies for a better system of management. The Arab and Foreign companies need a good system of management in Iraq to develop and manage things in a good way.
mike alfred

No Risk For Oil And Gas Companies in Kirkuk: Governor - 0 views

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    The Kirkuk Governor Najmiddin Karim said that oil and gas companies operating in Kirkuk are safe and sound. The police and other law enforcement agencies are protecting foreign companies and its officials in the country and hopefully there is no any problem with the security point of view.
mike alfred

Newly Registered Foreign Companies and Chances of Revaluation - 0 views

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    It was seen that several foreign companies were registered with the Ministry of Commerce during the month of July and June. There are almost 44 foreign companies registered in Iraq. They have 4 different branches and 40 representative offices all over the country.
mike alfred

CBI to Open Money Transfer Companies Accounts - 0 views

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    The central bank of Iraq is doing its best to modernize the banking system in Iraq so that it may support international trade. The central bank of Iraq after the meeting of board of directors granted the permission to the money transfer companies to open bank accounts in the Iraqi and other international banks to directly transfer money anywhere in the world.
mike alfred

Foreign Companies to be Provided Complete Protection - 0 views

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    The adviser of Prime Minister Noor Al Maliki said that they are taking security measures to protect the foreign companies and their officials in the country. The adviser ensured the security of their funds and projects in the country while talking with an international news agency.
mike alfred

Difference of Exchange Rate Between Central Bank And Other Companies - 0 views

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    Hassan Al-Bayati: Difference of exchange rate between central bank and other companies is the sign of corruption The central bank of Iraq is losing the control over commercial banks and other banking companies, said, Hassan Al-Bayati the noted member of finance committee of Iraq.
mike alfred

Iraq Signed Four Decade Contract With a Global Company - 0 views

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    Iraqi Dinar 123 News:- Iraq signed four contracts with UAE company "SK any Energy Hanks". Billions of Iraqi dinars will be spent on these contracts. The operational area of company will be the free zone of Zubair in Basra Province. The operational area is 20,000 square meters in the first phase and 1600 square meter in the second phase.
mike alfred

US Companies to Take Part in Trade - 0 views

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    Iraqi Dinar 123 News:- It was seen that the US companies are showing interest in investing in the Iraqi banks. They want to do trade with Iraq on government as well as private scale. They showed interest to the Ministry of Commerce regarding wheat and rice.
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

Companies Being Paid to Leave Iraq - 0 views

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    Keeping the security conditions of Iraq in view, the foreign companies are being paid to leave Iraq. This happened because of the security conditions of Iraq being quite fragile especially in the area of Mosul. Several that were managing in Baghdad the management of everything was due to the result of Turkey's policy towards Iraq.
mike alfred

IMF And BIS Can Play Good Role in Dinar Revaluation - 0 views

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    The central bank of Iraq invited money exchange companies to do business with central bank by selling US dollars and other foreign currencies in the country. Central bank offered this business opportunity to the money exchange companies after meeting with World Bank and IMF in Washington DC.
mike alfred

CBI Looking For Option to Sell Off Petrodollars Without Daily Auctions - 0 views

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    After getting support and appreciation of World Bank and IMF, the central bank of Iraq decided to expand the area of operation for dollar auction in Iraq. For this purpose the special agreements are signed with the different money exchange companies to sell dollar and Iraqi dinar to the different companies, traders and importers.
mike alfred

Iraq Sign Deal with Japan for the Development of Infrastructure - 0 views

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    In the first phase, Japanese company will have to construct three bridges by the July next year and the other development projects will be given to the company after the completion of this project. Iraq infrastructure and housing industry will monitor the whole contract and the new projects will be assigned according to the suggestions of this ministry.
mike alfred

New Banking Reforms bring Business in Iraq: CBI - 0 views

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    Iraqi Dinar 123 News:- Central bank of Iraq is introducing new banking reforms to support local and international trade. These reforms are expected to bring positive change in the behavior of foreign companies for Iraq and its local companies. Central bank of Iraq under the supervision of governor Salman introduced new payment method for local and international companies operating in Iraq.
mike alfred

High Costs and Risks - Issues Investors Facing in Iraq - 0 views

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    The government encourages the investors to invest in the country. That's the reason we have seen numbers of companies operating in Iraq nowadays. But investors claim that this relaxation is given to the multinational companies and especially to those companies ready to invest in the oil industry of Iraq.
mike alfred

Korean companies discover new oil reserves in Iraqi Kurdistan - 0 views

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    According to the Foundation in the news report that a joint venture to explore for oil comprising enterprise Korean oil enables the discovery of new reserves in the field Haulir in the Kurdistan region of Iraq, the hole Albanan exploration fourth in a field Haulir produced the successful 4,320 barrels of light oil daily drilling tests, which began in January last year.
mike alfred

CBI Signs Contract With Global Coins Maker - 0 views

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    The central bank of Iraq announced on Wednesday about the contract it signed with an international company to manufacture the gold ingot. The international coin manufacturing company will manufacture the gold coins that will be sold to the general public in the country.
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.
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