CBI News 12/13/2017

[yota691]

At the invitation of the Saudi Arabian Monetary Agency, the Central Bank participates in the Riyadh meetings

 

December 13, 2017

 

His Excellency the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, a delegation of finance and bank to the Kingdom of Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency.

The delegation will discuss the prospects of cooperation between the two countries, especially regarding the development of banking relations between Riyadh and Baghdad and the creation of investment opportunities between the two countries.

 

[yota691]

Governor of the Central Bank of Saudi Arabia visits Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency

 

Governor of the Central Bank Ali Al-Alaq

Economy News Baghdad:   The Central Bank of Iraq announced that the Governor of the Bank Ali Al-Alak is currently visiting Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency.   The central bank said in a press statement received by the "Economy News" that the governor of the Central Bank Ali Alaak headed a delegation of Mali and bank to Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency.   He added that "the delegation will discuss prospects of cooperation between the two countries, especially with regard to the development of banking relations between Riyadh and Baghdad and the creation of investment opportunities between the two countries."   Views 173   Date Added 12/13/2017

[yota691]

Governor of the Central Bank of Iraq visits Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency

By

 rami

 -

December 13, 2017

5

0

 

 

 

The Central Bank of Iraq announced that the Governor of the Bank Ali Al-Alak is currently visiting Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency.
The central bank said in a press statement that the central bank governor Ali al-Alak headed a financial and financial delegation to Saudi Arabia at the invitation of the Saudi Arabian Monetary Agency.
He added that “the delegation will discuss prospects of cooperation between the two countries, especially with regard to the development of banking relations between Riyadh and Baghdad and the creation of investment opportunities between the two countries.”

[mr.unlikely]

I'm sorry but I just can't trust anyone whose eyes are so close together🤓

[King Bean]

36 minutes ago, mr.unlikely said:

I'm sorry but I just can't trust anyone whose eyes are so close together🤓

 

                                          TOTALLY agree, sir.   

[10 YEARS LATER]

44 minutes ago, King Bean said:

 

                                          TOTALLY agree, sir.   

 

Thats the " best " she's looked in years.  

[Hammerknocker]

24 minutes ago, 10 YEARS LATER said:

 

Thats the " best " she's looked in years.  

It would have been nice if they'd  had stuck that way

[10 YEARS LATER]

6 minutes ago, Hammerknocker said:

It would have been nice if they'd  had stuck that way

 

  

[Officiallytook]

Why would you invite some brokeas wartorn country to the princes Saudi Arabian monetary agency??? 🤔🤔🤔😏

[boosterbglee]

A lot of subtle action recently, on the outside....move on, nothing to see here, but peel the onion back......hmmmm......I could cry! 

[fnbplanet]

His blue suit must be at the cleaners.

[Laid Back]

An invitation from the Saudi Arabian monetary agency to the central bank governor 2 weeks before the end of the year.... Uhmmm.!

 

Go CBI 

Go new monetary policy 

Go RV 

Go $1:1

[Abadiusuck]

Alak has become a piece of shoe.. how much can 1 person repeat what he says and does without doing the only thing that will make it work...rv? How can you flap you crooked teeth for so long knowing you are an idiot, alak, hoping the people one day some day dont figure out how stupid you are. Now hurry up and go back to work you skunk. And dont gimme nona that bank relation bullcrap and show me the rate. 

[NoviceInvestor]

9 hours ago, Laid Back said:

An invitation from the Saudi Arabian monetary agency to the central bank governor 2 weeks before the end of the year.... Uhmmm.!

 

Go CBI 

Go new monetary policy 

Go RV 

Go $1:1

I hope its a favorable and decisive meeting to the betterment of the currency of Iraq ...

[yota691]

Saudi – Iraqi team to develop banking relations

By

 rami

 -

December 14, 2017

10

0

 

 

 

The Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed bin Abdul Karim Al Khulaifi, discussed with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the promotion and development of direct cooperation between the banks in both countries.
The visit aims to form a joint team of the Monetary Authority and the Central Bank of Iraq within the framework of the development and activation of banking relations.
During the meeting, they discussed a number of issues of mutual interest and means of developing banking relations in both countries. They also discussed cooperation with regard to remittances, correspondence relations between Saudi banks and Iraqi banks and other banking transactions that provide suitable infrastructure for future economic and investment cooperation between the two countries.
He welcomed the desire of his Iraqi counterpart to benefit from the expertise of the Foundation in the fields of training and transfer of knowledge to colleagues in brotherly Iraq in a number of different areas in the Institute of Finance of the Monetary Foundation, and agreed to communicate continuously to identify mechanisms of cooperation in this area.
The visit comes as part of several visits and bilateral meetings between the officials of both countries as a culmination of the strategic relations process, and paved the way for new horizons of joint and fruitful cooperation between the two countries.
The meeting was attended by the Deputy Governor of the Saudi Arabian Monetary Agency for Research and International Affairs, Dr. Fahad bin Ibrahim Al-Shathri, and a number of officials of the Foundation, while attended by Iraqi Ambassador to Riyadh Dr. Rushdi Al-Ani, Executive Director of the Association of Iraqi Banks and a delegation of officials of the Central Bank of Iraq, And senior banking officials in Iraq.

[yota691]

Saudi - Iraqi team to develop banking relations

 

Economy News Baghdad:   The Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed bin Abdul Karim Al-Khulaifi, discussed with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the promotion and development of direct cooperation between the banks in both countries.   The visit aims to form a joint team of the Monetary Authority and the Central Bank of Iraq within the framework of the development and activation of banking relations.   During the meeting, they discussed a number of issues of mutual interest and means of developing banking relations in both countries. They also discussed cooperation with regard to remittances, correspondence relations between Saudi banks and Iraqi banks and other banking transactions that provide suitable infrastructure for future economic and investment cooperation between the two countries.   He welcomed the desire of his Iraqi counterpart to benefit from the expertise of the Foundation in the fields of training and transfer of knowledge to colleagues in brotherly Iraq in a number of different areas in the Institute of Finance of the Monetary Foundation, and agreed to communicate continuously to identify mechanisms of cooperation in this area.   The visit comes as part of several visits and bilateral meetings between the officials of both countries as a culmination of the strategic relations process, and paved the way for new horizons of joint and fruitful cooperation between the two countries.   The meeting was attended by the Deputy Governor of the Saudi Arabian Monetary Agency for Research and International Affairs, Dr. Fahad bin Ibrahim Al-Shathri, and a number of officials of the institution. The Iraqi side was attended by Iraqi Ambassador to Riyadh Dr. Rushdi Al-Ani, the Executive Director of the Association of Iraqi Banks and a delegation of officials of the Central Bank of Iraq, And senior banking officials in Iraq.       Views 135   Date Added 14/12/2017

[Laid Back]

11 hours ago, NoviceInvestor said:

I hope its a favorable and decisive meeting to the betterment of the currency of Iraq ...

I hope too my friend.!

Lots of positive news lately.

[nannab]

If we are getting all of this good news just imagine what is going on behind closed doors.   

 Our light is at the end of a short tunnel 

[DinarThug]

CNN. Broadcasting With A Consensus - Otherwise It Would Be Totally Consenseless !

 

 

 

(by don961)

A consensus on the importance of regional economic relations

16/12/2017 12:00 AM  After the visit of a banking delegation to the Kingdom of Saudi Arabia  Baghdad / Hussein Thugb  Iraq's openness to its regional environment is of great importance for its role in the process of economic development through integration with important regional economies, including Saudi Arabia, which was visited by a banking delegation headed by the Governor of the Central Bank of Iraq d. Ali Alalak.  The Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed bin Abdul Karim Al-Khulaifi,discussed with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the promotion and development of direct cooperation between the banks in both countries. Remittances  A number of issues of mutual concern were discussed, as well as means of developing banking relations in both countries. They also discussed cooperation in the field of remittances, correspondence relations between Saudi banks and Iraqi banks and other banking transactions that provide suitable infrastructure for future economic and investment cooperation between the two countries.  Al-Khulaifi expressed his welcome to the Iraqi delegation and sincere wishes to benefit from the expertise of the Foundation in the fields of training and the transfer of knowledge to human resources in Iraq in many fields.  Future work  The Executive Director of the Association of Iraqi Banks Ali Tariq pointed out that "the presence in the Kingdom and study ways of cooperation in the banking sector to develop the future work movement, which is looking forward to the countries amid the desire for large economic cooperation units in all sectors and to the benefit of the two sides in terms of conditions of cooperation and success" .  Tariq pointed out that "the Iraqi banking sector in continuous development after a break from the world for decades, and today we start where the world ended and can achieve integration of banking activity between the two sides, especially that the Association worked to activate bridges of cooperation with various economies of the world, "The Iraqi economy awaits a promising future and needs sophisticated banking products, and this doubles the size of our responsibilities to develop this joint, which is an engine of the economy."  Arab House  Chairman of the Chamber of Commerce and Industry Saudi Arabia Joint Firas Al-Hamdani stressed that "openness to the Kingdom represents a new gateway for joint action at the international level, where the return of Iraq to the Arab House a gateway to achieve integration and strengthen the economies of the region to the existence of a large workload in Iraq, The Gulf and the Kingdom in particular. "  "The visit of the governor of the Central Bank is an important step to restore financial cooperation with the Kingdom, and stresses the great desire to start a new phase of relations that can contribute to the benefit of Iraq and Saudi Arabia," he said.  He stressed the importance of working to intensify visits between the delegations of the two countries to discuss the mechanisms of cooperation from all parties and a confident step.  Exceptional importance  "The strengthening of financial relations with the Kingdom of Saudi Arabia is of exceptional importance, as the two sides look forward to activating economic cooperation in all sectors, which requires that there be A banking system supported the great effort, which looks to start its signs during the coming period. "  Alusi explained that "the banking mobility of Iraq comes with the aim of creating a banking system with international specifications that provides major services to international and regional investment companies that will contribute to the reconstruction phase of liberated areas and construction operations.  Which Iraq will see in the future.  She stressed that "the visit of the Governor of the Central Bank of Iraq to the Kingdom will bring useful new to Iraq, especially as it coincides with the great wishes of the parties to develop bridges of economic cooperation with the problem of the year and banking in particular."  Saudi Arabia's joint chamber of commerce and industry adviser, Abbas Shamara, said that "openness with Saudi Arabia is an imperative after it has built a sophisticated industrial system and relations with most industrialized countries, which can be invested in the economic interest." link

[DinarThug]

4 minutes ago, DinarThug said:

Baghdad / Hussein Thugb 

 

And This Article Clearly Be Totally Legit - It Be Written By A Thug !  

 

     

[DropItLikeItsHot]

Thug you could have highlighted the whole article..... EXCELLENT POST!

 

Again Thanks Thug!

[yota691]

Al-Nasiri reveals an Iraqi approach to economic and financial cooperation with the Gulf states

 

Economic Adviser and Banker of the Association of Iraqi Private Banks Samir Nusairi

Economy News Baghdad: The economic and banking adviser to the Association of Iraqi Private Banks, Samir Al-Nusairi, revealed the orientation of the government and the banking sector for economic, financial and banking cooperation with the Gulf states. An Iraqi banking delegation headed by central bank governor Ali Al-Alak visited Saudi Arabia last week at the invitation of the Saudi Arabian Monetary Agency to discuss prospects for cooperation between the two countries. Al-Nasiri said in an interview with "Economy News" that "the Iraqi banking sector is the main link in the economy and participate in the development process, although the economy suffers from a structural imbalance led to the failure to fully investigate the stability of the monetary system and financial system over the past 14 years as a result of unilateral economy The war on terror, the instability of the business environment, the challenges of a deficit in non-oil revenue and the balance of payments deficit. " The economic and banking adviser to the Association of Private Banks, that there is a direction by the Iraqi state opening up to the Gulf states in the light of the formation of the Iraqi-Saudi coordination council, which seeks to develop economic and financial relations between Iraq and Saudi Arabia, noting that a number of Iraqi banks wish and welcomes contributions to the Saudi banks Iraqi private banks and the opening of branches of Saudi banks in Iraq to promote joint cooperation between the parties. Al-Nusseiri suggested that the Iraqi government should be established equally between the private and public sectors and the mentality of the market economy, and that there be a representative of the private sector in the Council of Ministers, in addition to involving the private sector in economic delegations visiting the Gulf, Arab and foreign countries. Al-Nasiri stressed the need to review the economic legislation, some of which do not correspond to the challenges of the stage and the development of the economy, noting that the Association of Iraqi private banks are working continuously and in accordance with visions of the Iraqi Central Bank to strengthen relations with US banks and European, regional and Arab.     Views 201   Date Added 16/12/2017

[yota691]

3 Iraqi banks seeking to open branches in Saudi Arabia

 

Economy News Baghdad: 3 Iraqi banks are seeking to open branches in Saudi Arabia in the coming days as a result of the great improvement in economic relations between the two countries. The governor of the Central Bank Ali Al-Alaq last week met with the Governor of the Saudi Arabian Monetary Agency Ahmed bin Abdul-Karim Al-Khulaifi at the headquarters of the Foundation in Riyadh, in the presence of a number of directors of government banks and the representative of private banks on Tariq, and the parties discussed the formation of a joint team of SAMA and the Central Bank of Iraq to promote and develop direct cooperation Between banks in both countries and comes within the framework of the development and activation of banking relations. The two sides also discussed cooperation in remittances and correspondence relations between Saudi banks, Iraqi banks and other banking transactions that provide an appropriate infrastructure for future economic and investment cooperation between the two countries. A source in the Iraqi delegation to "Economy News", "Iraq and Saudi Arabia agreed to increase cooperation in the areas of training and transfer of knowledge in a number of different areas in the Institute of Finance." "The Iraqi Trade Bank will open a branch in Saudi Arabia and the procedures are going well," said the adviser to the central bank governor, Walid Eidi. "There are two requests from two private banks to open branches in Saudi Arabia." He added that the opening of branches or offices of Iraqi banks in the Gulf states or another country will reflect positively on the Iraqi economy because these branches will provide studies on the Iraqi market and contribute to the process of financing foreign trade and ensure the goods conform to the standard specifications and reduce the risk of the export and import. On the other hand, the Executive Director of the Association of Iraqi Private Banks, Ali Tariq, told "Economy News" that "the banking delegation that visited Saudi Arabia last week to discuss the development of banking relations between the two countries," noting that some Iraqi banks are currently seeking to take approvals for the opening Branches in Saudi Arabia. He added that Iraq is in urgent need to end the phase of closure that he lived since 1990 until now because of the economic siege and the deteriorating security situation after 2003, indicating that the current Iraqi openness is not related to Saudi Arabia only, but there is a real desire of the banking sector to open up to all international banks and regional And Arabic. He pointed out that the strong banking relations between the Iraqi and international banks, regional and Arab will be reflected positively on the trade movement between Iraq and the world.       Views 27   Date Added 18/12/2017