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Mon. PM KTFA Thoughts/News Articles 12/10/18

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Mon. PM KTFA Thoughts/News Articles 12/10/18

Post by Ssmith on Tue Dec 11, 2018 9:36 am

KTFA

Samson » December 10th, 2018

US-Iraqi talks to develop trade exchange


9th December, 2018

Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein discussed with US Ambassador to Baghdad Douglas Silliman Sunday bilateral relations and trade exchange.

"Hussein received the US ambassador to Baghdad, Douglas Silliman, and his accompanying delegation," the press office said. "The meeting reviewed the bilateral economic and trade relations between the two countries and discussed the best ways to strengthen and develop them. Serving the interests of the two peoples".

"The two sides also discussed the development of trade exchange and the promotion of economic cooperation, as well as the latest political developments at the local and regional levels," the statement said. LINK

Center: Islamic banking in Iraq is in line with international standards

9th December, 2018

A training center said that the Islamic banking in Iraq has become more in line with international standards, pointing to the holding of more than one program in Iraq in various fields and approved by the World Council of Islamic Banks and Financial Institutions in Bahrain .

He said center ( the ABC ) in It is a statement "in light of the evolution of the economy in Iraq and the opening of Islamic banks largely to serve the banking sector and under the supervision of the Central Bank of Iraq, are the development of banking cadres quickly and unique line with that international standards for Islamic Banks and Financial Institutions (Aaovi)", Adding that "more than one training program was held in Iraq for Islamic banks in various fields and approved by the World Council of Islamic Banks and Financial Institutions in Bahrain."

He added that "the most prominent training programs under the supervision of the House of Wisdom (Jubouri and its partners) and the agent of the World Council of Banks and Islamic financial institutions in cooperation with ABC is the certificate of a certified Islamic specialist in governance and compliance, and the certificate of specialist Islamic certified risk management, In the forensic audit, and with the participation of more than 50 trainees from within the Islamic banks, and thus the Islamic banking sector in Iraq has started to develop this sector correctly and according to international standards." LINK

Launch of the fourth annual conference of the Central Bank of Iraq

10th December, 2018

The activities of the fourth annual conference of the Central Bank of Iraq were launched on Monday, coinciding with the anniversary of the Iraqi victory day

The conference is held under the slogan "The Development Role of the Central Bank of Iraq (data and trends"

The third session will discuss "the relationship between the monetary and financial policies",the second related to "the role of the banking system in stimulating the private sector (international experiences), while the third session will discuss the "development dimension of monetary policy in Iraq LINK

The Central Bank maintains a high level of foreign reserves

10th December, 2018

The governor of the Central Bank Ali Al-Alak said Monday that the bank maintains a high level of foreign reserves, pointing out that the bank continues its efforts to stabilize the local currency

Al-Alak said in a speech during the opening of the fourth annual conference of the Central Bank in Baghdad and attended by "Economy News", that "coinciding with the first anniversary of the victories of the security forces on the organization is calling, this annual conference is looking forward to the sustainable development of the Iraqi economy," noting that "Continue his efforts in stabilizing the local currency

"The central bank maintains a high level of foreign reserves," he said

And began on Monday, the activities of the fourth annual conference of the Central Bank of Iraq, in conjunction with the anniversary of the Iraqi victory day on "Daash LINK

MilitiaMan » December 10th, 2018

They seem to want to talk ahead of tomorrow.. not only bank wise but politically.. imo _ MM

Don961 » December 10th, 2018

United Bank for Investment: Development of banking work is imperative


09/12/2018

(Independent) .. The guardian of the United Bank of Investment d. The importance of adopting advanced systems in our financial sector, which requires human resources capable of dealing with the best systems, and commended the role of the Central Bank of Iraq supporting the banking sector, especially in the detailed monitoring calendar that organized financial work routes.

He pointed out that the bank can overcome the challenges it faced in cooperation with the Central Bank and maintain the funds of depositors and protect the confidence between the parties, pointing out that the development of the reality of work in the banking sector in Iraq is imperative because the country is on the stage of work and building major require sophisticated banking services provide Requirements of local, international and regional investment companies.

He pointed to the importance of access to advanced technology in financial services and payment of dues of employees, especially salaries and became a reality and technology has become a major role in the transition from a monetary society to electronic transactions. link

Samson » December 10th, 2018

PM @AdilAbdAlMahdi addresses the Iraqi people and the armed forces on the first anniversary of the defeat of Daesh in Iraq. Watch the highlights here. #VictoryDay#UnitedinVictory #WeRemember pic.twitter.com/PMZ1rj0RU5

— Government of Iraq (@IraqiGovt) December 10, 2018

The presence of the large number of US companies in Iraq is the result of the victory over terrorism

10th December, 2018

The presence of a large number of US companies in Iraq is the result of the victory over terrorism, Deputy Foreign Minister Manhal al-Safi said Monday.

"The occasion of this day and the presence of a large number of American companies is the result of the victories achieved by Iraq and the coalition countries on terrorism," al-Safi said at a conference of the American Chamber of Commerce held in Baghdad and attended by Al-Ghad Press. He added that "the Ministry of Foreign Affairs directed all their representatives to facilitate difficulties for investment companies in Iraq and work to overcome all difficulties in front of them."

The deputy head of the US Chamber of Commerce Steve Lotus, expressed on Monday, during a press conference, expressed optimism for the future of Iraq, noting that the ideal time to support. LINK
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