http://www.iraqupdates.com/p_articles.php/scat/12 The latest news about Banking & Finance in Iraq en support@iraqupdates.com support@iraqupdates.com PHP RSS Feed Generator 93% of entrepreneurs involved in ACTED’s pilot apprenticeship scheme in Thi Qar Governorate reported satisfaction with it, according to survey results assessing the scheme’s overall economic benefit and impact. http://www.iraqupdates.com/p_articles.php/article/107791/refid/RSS-banking_finance-08-02-2012 Wed, 08 Feb 2012 06:48:00 +0000 The International Finance Corp (IFC), the private sector arm of the World Bank, has announced a $124m investment in Lebanese-owned regional insurer Medgulf, in a move aimed at helping the firm extend health and commercial risk insurance services into new Mena markets. http://www.iraqupdates.com/p_articles.php/article/107773/refid/RSS-banking_finance-08-02-2012 Wed, 08 Feb 2012 05:51:00 +0000 Huge numbers of Iranian pilgrims visit Shiite holy places in Iraq each year but businesses have grown wary of transactions in the Islamic republic's rial as it declines in value under sanctions. http://www.iraqupdates.com/p_articles.php/article/107766/refid/RSS-banking_finance-08-02-2012 Wed, 08 Feb 2012 05:34:00 +0000 A National Alliance Representative has called for Iraq to create 500,000 jobs annually by activating the country's investment sector. http://www.iraqupdates.com/p_articles.php/article/107750/refid/RSS-banking_finance-08-02-2012 Wed, 08 Feb 2012 05:25:00 +0000 The government is trying to reclaim money that was transferred abroad before the U.S. invasion of Iraq in 2003. http://www.iraqupdates.com/p_articles.php/article/107754/refid/RSS-banking_finance-08-02-2012 Wed, 08 Feb 2012 05:25:00 +0000 The Central Bank of Iraq (CBI) has sold US$37 million in its Tuesday auction for sale and purchase of foreign currencies, versus 21 million dollars in its previous session, at an exchange rate of 1,166... http://www.iraqupdates.com/p_articles.php/article/107736/refid/RSS-banking_finance-08-02-2012 Wed, 08 Feb 2012 05:06:00 +0000 Jordan's Housing Bank for Trade and Finance on Monday posted a 13 percent year-on-year rise in 2011 net profit to 100 million dinars, bolstered by healthy growth in its core retail and commercial business. http://www.iraqupdates.com/p_articles.php/article/107722/refid/RSS-banking_finance-08-02-2012 Tue, 07 Feb 2012 04:40:00 +0000 Tightening international sanctions against Iran look set to shrink its economy, push up inflation and further erode its currency, but they may fail to deliver a knock-out blow that forces Tehran to compromise on its nuclear ambitions. http://www.iraqupdates.com/p_articles.php/article/107721/refid/RSS-banking_finance-08-02-2012 Tue, 07 Feb 2012 04:39:00 +0000 Iraq’s parliament reconvened last week after the Iraqiyya bloc ended its two-month boycott protesting the alleged persecution of Sunni officials and the arrest warrant issued on terrorism charges for Vice President Tariq al-Hashemi. As the political crisis seems to abate and parliamentary activity... http://www.iraqupdates.com/p_articles.php/article/107715/refid/RSS-banking_finance-08-02-2012 Tue, 07 Feb 2012 04:17:00 +0000 A National Alliance MP commented that investment requires the drafting of new laws and real governmental support in order to eliminate unemployment. http://www.iraqupdates.com/p_articles.php/article/107687/refid/RSS-banking_finance-08-02-2012 Tue, 07 Feb 2012 03:39:00 +0000 The Italian ambassador to Iraq Gerardo Carante announced today that 10 percent of the Italian loan will be allocated to support the Iraqi Christians, while the rest will be spent for strategic projects,... http://www.iraqupdates.com/p_articles.php/article/107688/refid/RSS-banking_finance-08-02-2012 Tue, 07 Feb 2012 03:39:00 +0000 The Iraqi Parliament has decided to discuss the draft-law for Iraq's 2012 Federal Budget in its session today, according to a Parliament's media source. http://www.iraqupdates.com/p_articles.php/article/107685/refid/RSS-banking_finance-08-02-2012 Tue, 07 Feb 2012 03:35:00 +0000 An Israeli raid on Iran's nuclear facilities would deliver a painful shock to the global economy, revive flagging Islamist militancy and possibly drag the United States into a regional war whether it backed its ally's attack or not. http://www.iraqupdates.com/p_articles.php/article/107658/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 10:12:00 +0000 To promote trade and economic relations between Iraq and the United States the Iraqi Commercial Attaché in Washington DC, organized an important economic forum on Iraq on January 31, 2012 in the presence of more than 80 government and representatives of companies and several American institutions. http://www.iraqupdates.com/p_articles.php/article/107638/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 09:20:00 +0000 Banking sector specialists considered that the profits made by the "North Bank for Finance and Investment" last year, amounting to 42.7 billion dinars, is "the highest in the history of Iraqi private banks". They noted that the cash credit with the bank of 268.5 billion dinars is "Top... http://www.iraqupdates.com/p_articles.php/article/107637/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 09:20:00 +0000 The Economic Committee in the Iraqi parliament addressed central bank official, to stop the sale and the dollar at the auction. Ahmed al-Alwani, Chairman of the Committee said that the Committee addressed the central bank to stop the sale and auction of the dollar until the issuance of instructions... http://www.iraqupdates.com/p_articles.php/article/107636/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 08:26:00 +0000 New electricity, water, and energy projects valued at $180 billion are underway or in the planning stages in the Middle East, with Oman announcing major projects in the last seven months worth $2.9 billion. http://www.iraqupdates.com/p_articles.php/article/107634/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 08:03:00 +0000 Japan's emerging political and economic interest in the Kurdistan was on show in Erbil yesterday as embassy delegates toured the region. http://www.iraqupdates.com/p_articles.php/article/107610/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 07:19:00 +0000 The Iraqi government wishes to settle its issues with Kuwait through the implementation of investment projects for Kuwaiti companies in Iraq. http://www.iraqupdates.com/p_articles.php/article/107612/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 07:19:00 +0000 The Economic Committee in The House of Representatives, announced on Thursday, that the House of Representatives decided to allocate its tomorrow session fully to discuss the budget, indicating that... http://www.iraqupdates.com/p_articles.php/article/107595/refid/RSS-banking_finance-08-02-2012 Mon, 06 Feb 2012 06:42:00 +0000