Al Baraka Banking Group to Hold Its Thirty-fourth Symposium for Islamic Economy in Jeddah

May 20th, 2013
Under the auspices of HE Sheikh Saleh Abdullah Kamel, Chairman of the Board of Directors, Al Baraka Banking Group, the Bahrain based leading Islamic banking group, will hold its thirty-fourth symposium...

Economy Committee: 40 Million $ a Day Go to Officials Pockets

May 20th, 2013
The decision maker of the parliamentary economy and investment Commission predicted the decline in exchange rate of the Iraqi dinar will continue against the US dollar.

America Lifts Ban on Iraqi Bank Cooperated with Iran

May 20th, 2013
U.S. administration lifted the ban imposed on an Iraqi bank that ended its cooperation with Iran.

Rapid Deterioration in the Value of Iraqi Dinar

May 20th, 2013
Compared to 1220 dinars in mid-March, the price of US dollar in the local market has reached 1300 Iraqi dinars. This has been marked as a significant drop in the value of Iraqi dinar to US dollar in...

Ban Uplifted from Iraqi Bank That Was Linked with Iran

May 20th, 2013
On Friday a US statement had released, mentioning that USA will allow the Iraqi bank to do business with the US financial system after the bank showed it was no longer helping Iran evade financial sanctions....

Discussions over Iraq’s Joining New York Agreement of 1958

May 20th, 2013
The parliament Economic and Investment Committee discussed including Iraq in New York Agreement for 1958.  

Parliament to Summon Finance Minister As Dinar Loses More Value Against Dollar

May 17th, 2013
The parliament has decided to call in the Finance Minister and heads of Iraqi banks following the latest slump in the value of the Iraqi dinar vis-à-vis the dollar.

Iraqi Cabinet Moves to Attract Foreign Investment

May 17th, 2013
The Iraqi cabinet has approved a new law designed to attract foreign investment in the country by providing companies with exemptions from taxes, dues and routine procedures, government sources said...

Standard Chartered to Open Branches in Iraq, Observing Loan Growth

May 17th, 2013
Iraqi banks are looking forward to expand their businesses to gain more revenues and to streamlining the banking process in the country, which is marked as the second largest oil producer in the list...

HSBC Global Asset Management’s Quarterly Outlook: Has the Developed World Gone Ex-growth?

May 17th, 2013
Emerging markets have become the engines of global growth as their global influence increases, leaving developed markets in their shade, according to HSBC Global Asset Management .
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