***** Rafidain and Rasheed are participating in an international conference
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***** Rafidain and Rasheed are participating in an international conference
Admin Sat Jan 25, 2014 7:10 pm
8/1/2014
BAGHDAD - morning participating banks, Rafidain and Rasheed, and a number of economic circles in the Acts of the Second World Congress on the financial and banks in Iraq, which starts in the twenty-seventh of this month in Dubai and last for one day.
and director of the Baghdad office of the company organized the conference Ahmed Al-Gadir told (morning ) that the conference aims to identify and explore investment opportunities in various sectors in Iraq, which will be held under the auspices of the Iraqi Central Bank and the participation of a number of government agencies economy.
added that there is broad participation in the banking sector, represented by the participation of the Rafidain and Rasheed, along with a large number of private banks and branches of foreign banks Global in the country. pointed out that the conferees will discuss the sources and structures funding for major projects in Iraq,
in addition to the case study of the banking sector in Iraq; discussed the required hotfixes and collect investors with senior government officials and leaders of international companies, bankers, and corporate executives who specialize in the financial sector, and legal and a high level.
This is due to reveal the leading investment banks during this conference unveiled Stratejyatea of Iraq, along with submission of development plans for Iraq in the stock market and increase its role as an important source of capital. noted that the first conference was held with the participation of governmental and official wide in September 2012.
http://www.alsabaah.iq/ArticleShow.aspx?ID=61557
BAGHDAD - morning participating banks, Rafidain and Rasheed, and a number of economic circles in the Acts of the Second World Congress on the financial and banks in Iraq, which starts in the twenty-seventh of this month in Dubai and last for one day.
and director of the Baghdad office of the company organized the conference Ahmed Al-Gadir told (morning ) that the conference aims to identify and explore investment opportunities in various sectors in Iraq, which will be held under the auspices of the Iraqi Central Bank and the participation of a number of government agencies economy.
added that there is broad participation in the banking sector, represented by the participation of the Rafidain and Rasheed, along with a large number of private banks and branches of foreign banks Global in the country. pointed out that the conferees will discuss the sources and structures funding for major projects in Iraq,
in addition to the case study of the banking sector in Iraq; discussed the required hotfixes and collect investors with senior government officials and leaders of international companies, bankers, and corporate executives who specialize in the financial sector, and legal and a high level.
This is due to reveal the leading investment banks during this conference unveiled Stratejyatea of Iraq, along with submission of development plans for Iraq in the stock market and increase its role as an important source of capital. noted that the first conference was held with the participation of governmental and official wide in September 2012.
http://www.alsabaah.iq/ArticleShow.aspx?ID=61557
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Re: ***** Rafidain and Rasheed are participating in an international conference
Admin Sat Jan 25, 2014 7:11 pm
12.18.2013
Dubai is home to the Central Bank of Iraq next month
Baghdad - Iraqi Central Bank announced, yesterday, for the organization (the Second Annual Conference of the financial sector in Iraq), the end of January 2014 the next in the Emirate of Dubai, in line with the growing strength of the growth of economic development in the country, noting that the conference aims to display his strategy for financial and economic development, and attracting investments and foreign banks for the country, while a bank official confirmed the British, on the importance of the creation of "comprehensive development" of infrastructure finance and banking to prop up the Iraqi economy, "a large and ambitious development process.
The governor of the Central Bank and the Agency, Abdul-Basit Turki, according to the Web site reported medal East Bzenz News ME Business News for economic news, and I have read it (the long-Presse), "The Bank will organize the second annual conference of the financial sector in Iraq, in the Emirate of Dubai for a period of from 27 to January 28, 2014 the next, "noting that" the conference will be held with the participation of Iraqi officials and personalities from leading international experts in the field of banking, and financial executives to discuss financial investment opportunities available in Iraq.
He said Turki, "The conference will serve as a commercial site for the reception of foreign delegations and a rallying point for international investors seeking to implement commercial projects in Iraq," noting that it "will provide a springboard to discuss the four-pronged task derived from the fact that rising energy to power the growth of economic development in Iraq, which includes resources and infrastructure Finance for major local projects, and the current status of the Iraqi banking sector, as well as the participation of foreign lenders and their role in supplying the projects.
The Governor of the Central Bank and the Agency, that "the central bank began its activity to launch a massive program to attract foreign investments to Iraq with paving the way for the entry of banks and foreign financial institutions," pointing out that "the Central Bank will present at the conference strategy for the development of the financial and economic situation in Iraq, to highlight the importance of the role foreign companies in the domestic banking sector growth and development.
According to the site, that in "Iraq is now more than 16 international banks and seven state banks and 23 civil lending, with nine Islamic banks", stressing that "the year 2012 the past, saw the rising number of banks, foreign investment in Iraq dramatically, as will Standard Chartered Bank British , distinguished presence at the conference after the opening of its first location in the capital, Baghdad.
The transfer site medal East Bzenz News, the Executive Director of Standard Chartered Bank in Iraq, Geffen and chart, saying that "the pace of growth of the Iraqi economy going around fast, and that the increasing oil revenues, which will be realized in the coming years will bring huge benefits to the country," returned to "important sector which must evolve in the country is the overall development of the infrastructure of financial and banking that can assign a large economy and ambitious development process.
It is noteworthy that Prime Minister Nuri al-Maliki, opened on 27 November 2013, the first section of the Standard Chartered Bank Standard Chartered British, in the capital Baghdad, emphasizing that it represents a "turning point" in the economic sphere, calling for banking institutions National to benefit from the experiences developed that can be provided by the bank.
The Standard Chartered Bank has announced earlier, the consent of the Central Bank of Iraq on his opening of three branches in the country, noting that it would be in both Baghdad and Erbil in the last quarter of 2013, the current, and then in Basra during the next 2014.
The bank Citigroup Citigroup U.S. banking services, announced on 24 June 2013, opening an office in Baghdad to become the first U.S. bank expands its services to include Iraq, betting in his step these economic opportunities, "long-term" in the oil-rich country, as quoted by the Financial Times newspaper.
http://translate.google.com/translate?sl=ar&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Falmadapaper.net%2Far%2Fnews%2F456288%2F%25D8%25B5%25D9%2586%25D8%25AF%25D9%2588%25D9%2582-%25D8%25A7%25D9%2584%25D9%2586%25D9%2582%25D8%25AF-%25D8%25A7%25D9%2584%25D8%25AF%25D9%2588%25D9%2584%25D9%258A-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B7%25D9%2588%25D8%25B1%25D8%25A7%25D8%25AA-%25D8%25A7%25D9%2584%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF%25D9%258A%25D8%25A9-%25D8%25A5
Dubai is home to the Central Bank of Iraq next month
Baghdad - Iraqi Central Bank announced, yesterday, for the organization (the Second Annual Conference of the financial sector in Iraq), the end of January 2014 the next in the Emirate of Dubai, in line with the growing strength of the growth of economic development in the country, noting that the conference aims to display his strategy for financial and economic development, and attracting investments and foreign banks for the country, while a bank official confirmed the British, on the importance of the creation of "comprehensive development" of infrastructure finance and banking to prop up the Iraqi economy, "a large and ambitious development process.
The governor of the Central Bank and the Agency, Abdul-Basit Turki, according to the Web site reported medal East Bzenz News ME Business News for economic news, and I have read it (the long-Presse), "The Bank will organize the second annual conference of the financial sector in Iraq, in the Emirate of Dubai for a period of from 27 to January 28, 2014 the next, "noting that" the conference will be held with the participation of Iraqi officials and personalities from leading international experts in the field of banking, and financial executives to discuss financial investment opportunities available in Iraq.
He said Turki, "The conference will serve as a commercial site for the reception of foreign delegations and a rallying point for international investors seeking to implement commercial projects in Iraq," noting that it "will provide a springboard to discuss the four-pronged task derived from the fact that rising energy to power the growth of economic development in Iraq, which includes resources and infrastructure Finance for major local projects, and the current status of the Iraqi banking sector, as well as the participation of foreign lenders and their role in supplying the projects.
The Governor of the Central Bank and the Agency, that "the central bank began its activity to launch a massive program to attract foreign investments to Iraq with paving the way for the entry of banks and foreign financial institutions," pointing out that "the Central Bank will present at the conference strategy for the development of the financial and economic situation in Iraq, to highlight the importance of the role foreign companies in the domestic banking sector growth and development.
According to the site, that in "Iraq is now more than 16 international banks and seven state banks and 23 civil lending, with nine Islamic banks", stressing that "the year 2012 the past, saw the rising number of banks, foreign investment in Iraq dramatically, as will Standard Chartered Bank British , distinguished presence at the conference after the opening of its first location in the capital, Baghdad.
The transfer site medal East Bzenz News, the Executive Director of Standard Chartered Bank in Iraq, Geffen and chart, saying that "the pace of growth of the Iraqi economy going around fast, and that the increasing oil revenues, which will be realized in the coming years will bring huge benefits to the country," returned to "important sector which must evolve in the country is the overall development of the infrastructure of financial and banking that can assign a large economy and ambitious development process.
It is noteworthy that Prime Minister Nuri al-Maliki, opened on 27 November 2013, the first section of the Standard Chartered Bank Standard Chartered British, in the capital Baghdad, emphasizing that it represents a "turning point" in the economic sphere, calling for banking institutions National to benefit from the experiences developed that can be provided by the bank.
The Standard Chartered Bank has announced earlier, the consent of the Central Bank of Iraq on his opening of three branches in the country, noting that it would be in both Baghdad and Erbil in the last quarter of 2013, the current, and then in Basra during the next 2014.
The bank Citigroup Citigroup U.S. banking services, announced on 24 June 2013, opening an office in Baghdad to become the first U.S. bank expands its services to include Iraq, betting in his step these economic opportunities, "long-term" in the oil-rich country, as quoted by the Financial Times newspaper.
http://translate.google.com/translate?sl=ar&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Falmadapaper.net%2Far%2Fnews%2F456288%2F%25D8%25B5%25D9%2586%25D8%25AF%25D9%2588%25D9%2582-%25D8%25A7%25D9%2584%25D9%2586%25D9%2582%25D8%25AF-%25D8%25A7%25D9%2584%25D8%25AF%25D9%2588%25D9%2584%25D9%258A-%25D8%25A7%25D9%2584%25D8%25AA%25D8%25B7%25D9%2588%25D8%25B1%25D8%25A7%25D8%25AA-%25D8%25A7%25D9%2584%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF%25D9%258A%25D8%25A9-%25D8%25A5
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Re: ***** Rafidain and Rasheed are participating in an international conference
Admin Sat Jan 25, 2014 7:15 pm
Tuesday 17, December 2013
Dubai to Host Global Iraq Finance Conference for First Time
Dubai will host the second annual Iraq Finance Conference on 27 and 28 January 2014.
Under the patronage of the Central Bank of Iraq, the Conference will bring together leading Iraqi Government and Iraqi Central Bank officials, including the Minister of Finance and Central Bank Governor, senior international bankers and finance executives to discuss the significant opportunities in the country.
The event is designed to act as a marketplace for delegates, attracting and aligning the sponsors of local projects in Iraq with international investors.
It will additionally provide a forum for discussion around three major focus areas arising from the rapid economic growth and development in Iraq.
These include the sources and financial structures for Iraq’s major projects, the current state of the banking sector and participation of foreign lenders and the technology environment and its pivotal role in driving innovation and alleviating risk.
Commenting on the Conference and the aspirations of the Iraqi Central Bank, His Excellency Dr Abdul Bassit Turki Saeed, Chairman, Federal Board of Supreme Audit, Acting Governor, Central Bank of Iraq stated: “The Central Bank of Iraq has commenced a major programme of attracting foreign investment into Iraq and paving the way for the entry of foreign banks and financial institutions into the country.
The Central Bank is delighted to be co-hosting the Iraq Finance 2014 Conference and will use this landmark event to present the Bank's strategies and policies for financial and economic development in Iraq, including highlighting the important role of foreign companies in the growth and development of the local banking sector.
We look forward to the active
http://www.cpifinancial.net/news/post/24770/dubai-to-host-global-iraq-finance-conference-for-first-time
Dubai to Host Global Iraq Finance Conference for First Time
Dubai will host the second annual Iraq Finance Conference on 27 and 28 January 2014.
Under the patronage of the Central Bank of Iraq, the Conference will bring together leading Iraqi Government and Iraqi Central Bank officials, including the Minister of Finance and Central Bank Governor, senior international bankers and finance executives to discuss the significant opportunities in the country.
The event is designed to act as a marketplace for delegates, attracting and aligning the sponsors of local projects in Iraq with international investors.
It will additionally provide a forum for discussion around three major focus areas arising from the rapid economic growth and development in Iraq.
These include the sources and financial structures for Iraq’s major projects, the current state of the banking sector and participation of foreign lenders and the technology environment and its pivotal role in driving innovation and alleviating risk.
Commenting on the Conference and the aspirations of the Iraqi Central Bank, His Excellency Dr Abdul Bassit Turki Saeed, Chairman, Federal Board of Supreme Audit, Acting Governor, Central Bank of Iraq stated: “The Central Bank of Iraq has commenced a major programme of attracting foreign investment into Iraq and paving the way for the entry of foreign banks and financial institutions into the country.
The Central Bank is delighted to be co-hosting the Iraq Finance 2014 Conference and will use this landmark event to present the Bank's strategies and policies for financial and economic development in Iraq, including highlighting the important role of foreign companies in the growth and development of the local banking sector.
We look forward to the active
http://www.cpifinancial.net/news/post/24770/dubai-to-host-global-iraq-finance-conference-for-first-time
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Location : Arizona -
Re: ***** Rafidain and Rasheed are participating in an international conference
Admin Mon Jan 27, 2014 8:24 pm
Iraq Banking: Iraq plans state investment bank to push projects
January 27, 2014
Iraq plans state investment bank to push projects
* Inefficient, underdeveloped banking sector hampers deals
* Executives often carry around stacks of cash for payment
Dubai - Iraq plans to establish a state-funded investment bank to help finance big infrastructure projects and steer money towards private sector companies which need it, a senior government official said on Monday.
An underdeveloped, inefficient banking system has hindered efforts to mobilise funds for investment in Iraq. Bankers at a financial conference in Dubai on Monday described how some Iraqi corporate executives carried around tens of thousands of dollars in cash to settle transactions that are too inconvenient to do through the banking system.
"We need this (state-funded investment bank) to push forward the economy," Sami Al-Araji, chairman of the National Investment Commission, told Reuters on the sidelines of the conference. "Our existing commercial banks do not have the skills or experience."
The new institution, Investment and Development Bank of Iraq, would receive 1 percent of annual state budget allocations over seven years under a proposal that will be sent to parliament for approval, he said.
That arrangement, if it goes ahead, could eventually provide the new bank with over $10 billion to invest; this year's state budget is estimated at 174.6 trillion dinars ($150 billion).
Despite the militant violence plaguing Iraq, the economy has managed to keep expanding on the back of oil output; the International Monetary Fund forecasts annual gross domestic product growth of more than 6 percent from 2014 to 2018.
Iraq already has 23 private conventional banks and nine private Islamic institutions, as well as seven state banks and 16 foreign banks operating in the country, according to the central bank website.
Araji said a dedicated investment bank could participate in financing some of the tens of billions of dollars of infrastructure projects which the government plans over the next several years.
It could also help arrange funding for small and medium-sized enterprises, which authorities want to develop to create jobs and diversify the economy beyond oil.
The proposal for the investment bank is part of a series of planned amendments to investment laws which will be submitted to parliament, Araji said. A parliamentary election is scheduled for April 30, so the proposal would probably be considered by Iraq's next parliament.
http://m.gulfnews.com/business/iraq-plans-state-funded-investment-bank-to-push-projects-1.1283088
January 27, 2014
Iraq plans state investment bank to push projects
* Inefficient, underdeveloped banking sector hampers deals
* Executives often carry around stacks of cash for payment
Dubai - Iraq plans to establish a state-funded investment bank to help finance big infrastructure projects and steer money towards private sector companies which need it, a senior government official said on Monday.
An underdeveloped, inefficient banking system has hindered efforts to mobilise funds for investment in Iraq. Bankers at a financial conference in Dubai on Monday described how some Iraqi corporate executives carried around tens of thousands of dollars in cash to settle transactions that are too inconvenient to do through the banking system.
"We need this (state-funded investment bank) to push forward the economy," Sami Al-Araji, chairman of the National Investment Commission, told Reuters on the sidelines of the conference. "Our existing commercial banks do not have the skills or experience."
The new institution, Investment and Development Bank of Iraq, would receive 1 percent of annual state budget allocations over seven years under a proposal that will be sent to parliament for approval, he said.
That arrangement, if it goes ahead, could eventually provide the new bank with over $10 billion to invest; this year's state budget is estimated at 174.6 trillion dinars ($150 billion).
Despite the militant violence plaguing Iraq, the economy has managed to keep expanding on the back of oil output; the International Monetary Fund forecasts annual gross domestic product growth of more than 6 percent from 2014 to 2018.
Iraq already has 23 private conventional banks and nine private Islamic institutions, as well as seven state banks and 16 foreign banks operating in the country, according to the central bank website.
Araji said a dedicated investment bank could participate in financing some of the tens of billions of dollars of infrastructure projects which the government plans over the next several years.
It could also help arrange funding for small and medium-sized enterprises, which authorities want to develop to create jobs and diversify the economy beyond oil.
The proposal for the investment bank is part of a series of planned amendments to investment laws which will be submitted to parliament, Araji said. A parliamentary election is scheduled for April 30, so the proposal would probably be considered by Iraq's next parliament.
http://m.gulfnews.com/business/iraq-plans-state-funded-investment-bank-to-push-projects-1.1283088
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