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ahsutak

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  1. FOR SALE. 1 MILLION NEW UNCIRCULATED IRAQI DINAR (25,000 NOTES) - ONLY $800. I HAVE 2 MORE MILLION DINAR, SAME NOTES, FOR SAME PRICE. I'M IN LOS ANGELES AREA AND PREFERRED TO MEET WITH THE BUYER IN ANY CONVENIENT PLACE, BUT OPEN TO OTHER OPTIONS AS WELL.
  2. The Central Bank of Iraq expresses its warm greeting, We would like to inform that as part of the Warka Bank rehabilitation plan the Central Bank of Iraq hereby approves the practice of all your banking activities in accordance with your banking licenses issued by the Central Bank of Iraq in accordance with Central Bank of Iraq bylaws and regulations which includes the entry into the CBI bid auction for the purchase and sale of foreign currency. Best regards, Salman Eidan Abdullah Director General. http://warka-bank.com/?0d64a1934dcafd4bf6a2baffb5
  3. Political الثلاثاء 7 أبريل 2015 | 01:33 مساء | Number of Views: 291 Parliamentary Finance Committee is hosting the central bank governor and his senior staff BAGHDAD / ... the parliamentary finance committee hosted, on Tuesday, led by MP Ahmad Chalabi, head of the Commission and the presence of members of the committee's central bank governor and his senior staff to discuss the assets and net reserves of domestic credit and the net in the balance sheet of the bank and foundation money and the impact of increasing oil reserves, which leads to a reduction in the cash basis. A statement by the Commission received the "eye of Iraq News," It's discussed during the hosting attended adviser and deputy central bank governor and former director general release Directorate of the Treasury and the Director General of the Directorate of Accounts and director of banking and credit and director of the Centre for Banking Studies and the Director General to report money laundering in the Central Bank, assets and net Office precautions domestic credit and the net in the balance sheet of the bank and foundation money and the impact of increasing oil reserves, which leads to reduction in the cash basis, and the reasons that had to move the exchange rate in the market that gap and profit monopoly influential happening on the official exchange rate, and find treatments in this area. " The statement added that the Committee discussed the Banking Law and the Law on anti-money laundering, and the creation of money transfer companies, amounting to more than 1,500 companies, as well as the development of the banking investment commensurate with the bank liquidity in accordance with the special liquidity and obliging banks to allocate funds for lending and review of Statistics of credit and cash investment criteria The overall total assets and systems. " He noted that the Committee discussed the project to delete the zeros and its implications and the development of financial categories facilitates the storage and study of new factors and appropriate market conditions and inflationary effects and technical ways to keep the currency from counterfeiting before proceeding with implementation. And accept senior Bank staff oil economy property in exchange reserve and related economic characteristics between international reserves and the exchange market and the impact of price inflation rate, which affects the rate of the dinar, and the deterioration of the competitiveness of the country's industry, agriculture and the real exchange rate and bilateral changes in it, and the pressures of demand for Alajnah currency. For his part, suggested MP Haitham al-Jubouri, a member of the Finance Committee according to the statement, the central bank to address all of the Department of Trade and Industry about the volume of imports and exports in cooperation with the parliamentary finance committee, wondering about the overall management of the bank in the Rafidain Bank and Rasheed to prevent the acquisition of ( Income and Outcome ) and address BSA to verify the volume of transactions and financial Almalbg and the need for follow-up management of the bank in the banks by the central bank because they cause a real problem of corruption in this sector, inquiring about the bank's role on the issue of loss-making banks in Basra and Baghdad, which does not have sufficient reserves for possible payment of all deposits and companies laundering money and instructions Islamic instruments and customs and tax rate, which is deducted and the implications of this deduction. For its part, showed MP Magda Tamimi review of Iraq's money table since two thousand and three that contains Ziaat and frauds and large thefts and contradiction, which is set to the Finance Committee in the figures through the books by the concerned authorities, demanding the central bank to provide the parliamentary finance committee were made ​​of ( DFI ) and clarification about Sovereign Fund which Taatbah foreign bodies and put Iraq's money abroad and protection project. For his part, justified the Governor of the Central Bank, responding to queries from members of the committee not to implement the project to delete the zeros because he Aigll of paper the size of likely benefit to export more to reduce the number of categories in advance explained about the insurance on deposits in favor of the proposal of the Finance Committee determine Alastairadt through the Ministry of Commerce under the Platform Title import of all material and the need for Iraq to this article. " Also put forward solutions to the Rafidain Bank and Rasheed to reconsider the structure of these two banks and converted to the private sector to upgrade them and their progress, the parliamentary finance committee and participated concerns about Takma affecting the private banking sector, stressing the need for the integration of private banks and activation of the banking activity in addition to problems related to Bachirfah, and facilities provided by Bank for Islamic Banks and keep up with the global trend in this area, and to support weak banks and vacationed, in addition to re-Warka Bank in return for adequate safeguards for the provision of liquidity, being one of the banks that have pioneered and advanced experience in management and money .anthy 1 http://aynaliraqnews.com/index.php?aa=news&id22=35888
  4. Dear Customers, Due to the coming elections in Iraq, kindly note that the General Secretariat for the Council of Ministries has granted all Iraqi governments departments and institutions an official holiday starting from 27/04/2014 to 30/04/2014 and a national holiday on 01/05/204 for the occasion of labor day where we will close our branches for the said period, noting that we will resume work on 04/05/2014. http://warka-bank.com/?0d64a1934dcafd4bf6a2bafeb8
  5. Hello; I have been trying to get my complete ISX portfolio from Warka Bank for over a month now. Right after I've sent them my request I received two replies from them that my portfolio would be provided "shortly" and "soon". I am still waiting. I am sending them frequent emails (isx@warka-bank-iq.com and ifrd@warka-bank-iq.com) and now I am not getting a response from them at all. Did anybody have the same issue with Warka Bank? Could you please help?
  6. http://www.cbi.iq/index.php?pid=News...ements〈=ar http://www.cbi.iq/documents/Announcemen8-2-2014.pdf To all licensed banks (raise guardianship for Warka Bank for investment and Finance) 02/08/2014. http://translate.google.com/m/translate - google translate.
  7. Dear Warka Clients and Shareholders, Further to our website post dated October 9th 2013 with regards to the court proceedings between Warka Bank for Investment and Finance and the Central Bank of Iraq Warka Bank Board of Directors are delighted to inform our fine clients and esteemed shareholders that the High Tribunal Court – Rasafa Appeal Court on November 28th 2013 has yet again awarded its verdict Reference No. 1752/M/2013 in full favour of Warka Bank for Investment and Finance instructing and enforcing the Central Bank of Iraq to fully rehabilitate Warka Bank for Investment and Finance holding the Central Bank of Iraq fully liable and responsible for all the damages occurred on the bank to complete the rehabilation task efficiently to the best interest of the bank, clients, shareholders and management. The rehabilitation verdict has retained full legal stature where Warka Bank for Investment and Finance is currently waiting for the Central Bank of Iraq to act in accordance with the verdict and court order where we will keep all the good parties well updated attached is a copy of the winning verdict. In this respect Warka Bank Board of Directors would also like to add that the High Tribunal Court – Rasafa Appeal Court on November 28th 2013 issued its final verdict Reference No. 1690/M/2013 rejecting and declining the request of Central Bank of Iraq dated February 4th2013 to reconsider and reopen the bankruptcy case the request of the Central Bank of Iraq to proceed in this matter throwing the case out of court closing this case preventing the Central Bank of Iraq from taking such course of action ordering the Central Bank of Iraq to lift and dismiss the appointment of the second Central Bank Custodian Committee that has been assigned for this specific task which until now the Central Bank of Iraq has not obeyed the courts verdict and decision. In Summary Warka Bank for Investment and Finance on November 28th 2013 has won two verdicts both of which have retained full legal stature: 1- The full rehabilitation of Warka Bank for Investment and Finance holding the Central Bank of Iraq fully liable and responsible ordering the Central Bank of Iraq to efficiently implement and execute the rehabilitation task. 2- Declining dismissing refusing and canceling the request of Central Bank of Iraq for the court to reconsider the bankruptcy case closing this matter ordering the Central Bank of Iraq to lift and cancel the Custodianship appointed by the Central Bank of Iraq for this task. Kindly note that both verdicts have been attached for your fine consideration where Warka Bank for Investment and Finance is currently waiting for the CBI to execute the verdicts and follow the court decisions accordingly. Respectfully, Board of Directors Warka Bank for Investment and Finance http://warka-bank.com/?0d64a1934dcafd4bf6a2bafeb7
  8. Iraqis cheer thaw in relation with Kuwait on 23rd anniversary of occupation 01/08/2013 | 11:15 PM | Gulf News By Mohammad Al-Ghazi BAGHDAD, Aug 1 (KUNA) -- After 23 years of Saddam Hussein's occupation of Kuwait on August 2, 1990, the subsequent Kuwait liberation war and years of post-war tension, relations between the two Arab neighbors are witnessing remarkable improvement. For the first time since the occupation and after settling almost all outstanding issues, the Iraqis observe the 23rd anniversary of the disastrous war without the sanctions as per the UN Security Council resolutions based on Chapter VII of the UN Charter. "The anniversary falls this year after the two countries have closed a lot of outstanding files due to their governments' determination to restore good neighborly relations that were gravely damaged by the actions of Saddam Hussein's regime," Spokesman of the Iraqi Prime Minister Ali Al-Moussawi told KUNA on the occasion. Al-Moussawi cited His Highness the Prime Minister of Kuwait Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah's recent visit to Iraq and the cooperation agreements signed during the visit as example of the remarkable progress the relations. "The Iraqi-Kuwaiti relations are excellent and a clear example of the ability of countries to overcome disputes if genuine will existed on both sides," he said. Kuwait and Iraq signed June 12, six agreements and memorandums of understanding following official talks between HH Kuwaiti Prime Minister Sheikh Jaber and his Iraqi counterpart Nouri Al-Maliki. The agreements cover a wide array of domains, including education, scientific research, aviation, economy, culture, transport and environment. For his part, Iraqi Vice-President Khodair Al-Khuzai echoed a similar view. "Relations between the two countries are developing and bilateral cooperation are expanding to cover all domains," he told KUNA. Al-Khuzai admitted that the tension was running high between the two Arab nations during the era of Saddam Hussein. "But since the toppling of Saddam Hussein's regime in 2003, the new Iraqi regime sought better relations Kuwait and had taken several steps towards confidence-building." "However, the most remarkable development of relations took place this year, when Kuwaiti government played an important role in ending Iraq Chapter VII status." On June 27, The UN Security Council on voted unanimously to get Iraq partially out of Chapter VII of the UN Charter, transfer the files of the missing Kuwaitis and property under the responsibility of the UN Assistance Mission for Iraq (UNAMI), and put an end to the 1999 post of the High-Level Coordinator for those files. The Council transferred those two humanitarian issues, under Chapter VI, to UNAMI's attention, taking into consideration the Kuwaiti conditions aimed at having the files constantly under Council review. Meanwhile, Basra Provincial Council Member Ahmed Al-Sulaiti expressed hopes "Iraq and Kuwait would manage to reach final settlement to all pending issues" He also applauded the positive stances of both governments which show the reality of the new relationship between the two countries. MP and a member of Iraqi parliament's Security and Defense Committee Hakim Al-Zamili told KUNA that "Iraq's removal from Chapter VII is a good step towards complete restoration of its status and role in the region." He went on to say that "Iraq only needs to pay the remaining part of the agreed upon compensations to Kuwait to close this chapter of its history and resolve the problems caused by the wrong policies of Saddam Hussein." He described the Iraq's relations with Kuwait as historical and deep-rooted. Zamili underlined the importance of dialogue and negotiations between the two neighbors to iron out differences. Ali Al-Shallah, senior leader of the ruling State of Law Coalition, told KUNA that "after Iraq's exist from Chapter VII, relations with Kuwait had come back on the right track." "The Iraqi-Kuwaiti relations are now better than before particularly after the recent reciprocal visits of the top officials for both nations." (end) mhg.tm.ibi KUNA 012315 Aug 13NNNN http://www.kuna.net.kw/ArticleDetails.aspx?id=2326395&language=en
  9. 07/27/2013 12:00 AM Head of Mission of the International Monetary Fund's (morning): BAGHDAD - Hussein ثغب of Tamimi He stressed the IMF on the need to adopt a reform process and economic scale, as Usher strengths and imbalances in the joints Economic came in a report the Fund's Article IV of 2013 on Iraq, which is the assessment of my yearly by the International Monetary Fund for the economies of the Member States of the Fund, and issue a report accompanied by my assessment of the latest economic developments in those countries, and the expectations of experts Fund for growth in the overall economy as a whole three to five years following the date of issuance of the report. The Iraq section of the report is based on the consultative meetings held with the Iraqi side, and the Iraqi private sector and members of the Iraqi civil society, in March of 2013. Structural economic reform and widespread Said Head of Mission of the International Monetary Fund (IMF) to Iraq Carlo Sdrallweg in an interview (morning): Iraq needs to formulate structural economic reform agenda and widespread, and even more importantly, it needs to follow up the implementation of that agenda with all its contents. There is still a lot of work to be done in the area of ​​public finance, not only in improving the management of the budget, but more important than that to be in the area of ​​improving growth and poverty reduction as well, and pointed to the importance of raising the quality of spending, and this can be achieved, In the first place, by eliminating waste, and direct expenses to the poor even more. Indicating the need for Iraq to focus on increasing the level of provision of electric power, and the restructuring of state-owned companies owned by the state, and streamline regulations to help ensure its focus on helping the private sector rather than the imposition of restrictions upon, and pointed out that Iraq needs as well as to revive agriculture, including reform of the system PDS has contributed to the decline in domestic agricultural production through large food imports. We recognize and are aware that all these measures are difficult to perform, and will require time. Therefore, the need for requiring the adoption of a realistic approach and settled to achieve all that. In a question (morning) on ​​exposure of the private banking sector in recent times to attack by the pretext of money laundering and illegal transfer of funds. Do you see that building? He said in answering We are not aware of any specific cases of money laundering particular, but we recommend that the Central Bank of Iraq to redouble its efforts in promoting a stable financial sector and safe. In this regard, the commitment of the Iraqi Central Bank Governor on behalf of, and to strengthen the work of the Banking Control encourages us to push for the implementation of this recommendation. In our view, a lot of work still to be done to improve control over the banks, and examples, supplying banking supervision cadres better, and training courses better, and outsourcing joint (with other government agencies) "co-sourcing" of the functions of the Department of Control banks to the Central Bank of Iraq, Improve the framework for In addition to expanding the reach of business to include oversight of government banks owned by the state. Moreover, the improvement of the framework for combating money laundering and the financing of terrorism, in line with the recommendations of the Financial Action Task Force for the Middle East and North Africa (MENA FATF), along with the continuous efforts in strengthening errands control carried out by the Central Bank of Iraq on combating money laundering and the financing of terrorism, it would be that would help in addressing the concerns of money laundering and financing of terrorism and processed. It must also develop financial infrastructure, such as reporting on the historical background of the credits and guarantees recordings (Guarantor assets), and ways of banking technology, in order to support the performance of the banking sector. And the exchange rate of the Iraqi dinar and about the role of the Iraqi Central Bank in the currency auctions. In your opinion, what should the central do about it? Sdrallweg clarified the matter, saying that we need to believe that the central bank liberalization of the foreign exchange system at the earliest opportunity where this editorial is possible technically. We expect that the relaxation of regulations of foreign exchange would provide the funds needed by the Iraqi citizens in U.S. dollars, and to help the Iraqi economy, and reduces the difference in question, which fell fell sharply in fact, after the measures newly taken by the Central Bank of Iraq, which simplified market transactions, and opened it in front of customers. This means, the minimum, the opportunity to get any Iraqi citizen on foreign exchange, if it wishes to make any transaction ongoing international legitimate, for example, for the purposes of importing goods, as well as for interest payments, or transfers for expenses family. The power of the central bank He said that we understand there همين Co يبعثان the concern on the liberalization of the foreign exchange system. First, some have argued saying that the opening of the auction probably works on the Iraqi depletion of reserves of foreign exchange to levels dangerously low, thereby undermining the value of the Iraqi dinar. It also does not believe that this decline in the value of the dinar will happen on the ground because the Central Bank of Iraq in a strong position with him can maintain the value of the dinar, and because foreign exchange inflows from oil revenues are too high. The CBI has the amount and plenty of reserves amounting to the level of more than 70 billion U.S. dollars, a large sum to a degree sufficient to cover more than the value of nine months of imports, or to cover more than 104 percent of the money before the broad sense; sense that it is equal to all of Iraqi dinars in circulation in addition to deposits. Misuse of foreign exchange The second Alhmin is the ability of the central bank to prevent the misuse of foreign exchange in illegal activities. We do not believe that the currency auctions are the right tool to prevent misuse mentioned. As is the case at the level of international best practices, the IMF recommends that address the concerns of money laundering through the due diligence (or conduct of the study precluding doubt) to customers, and transaction reporting doubtful the Investigation Unit (intelligence) financial, rather than restrict free access to the auction. Accordingly, the liberalization of the foreign exchange auction needs, in parallel with the editing, to be accompanied by a strengthening of the supervisory tasks carried out by the CBI and other government agencies on combating money laundering and terrorist financing. In a question about the possibility of transition to a free economy consistent with the Iraqi Constitution? Sdrallweg pointed out that Iraq did not adopt a clear economic policy (clear economic model) and live in a state of turbulent between the planned economy (router) and the free market economy. He pointed out that the current economic growth model, which the government plays a dominant role in the Iraqi economy, taking reach its limits. In order for any free economy to develop on a sustainable basis, the government needs to implement a combination of macroeconomic policies, good governance, and to enhance the delivery of services, and the rebuilding of infrastructure, particularly in the electric power sector, in addition to strengthening the business environment, these measures will support the growth of the private sector, but last but not least, it is imperative for the government to know the limits of the maximum capacity, in order to leave space for the private sector to flourish. In a question about his vision for an increase in oil production and exports? Do you agree with the official forecast for this increase? Assuming said the ambitious investment plans of the Iraqi government will be realized on the ground, we expect oil production to rise gradually, about 400 - 500 thousand barrels per day in each year, to 5.7 million barrels per day by the year 2018. However, this outlook depends on the smooth implementation of plans to develop oil fields, and the existence of a relatively stable security situation. Any delay in the development of oil fields, or to expand the capacity of the export infrastructure, or worsening security situation will lead to a lower growth rate in the oil sector. He added we have to say that our expectations significantly lower than the government's expectations, which believes that oil production will rise to 9 million barrels per day by the year 2018. We tend to be more conservative; because we are less optimistic about the pace of expansion in the infrastructure necessary for export - which may be a drawback most important in the face of export, as we are more for the sake of cautious about progress on the project water injection, and increase the number of buoys "SPMs" In addition to the high level of domestic consumption. He said we mentioned in our three key areas of reform in the energy sector. First Iraq, could benefit from the oil and gas law, which shows on a permanent basis, the roles of government, the private sector and the provinces and territories in the oil sector. But we know that the draft law of oil and gas was still under consideration since a long time, which deals with a lot of sensitive policy issues; therefore compatibility between all parties involved in the negotiations on the draft law in question is important to reach a lasting good. Secondly, the situation requires additional investments in electric power production, and the restructuring of electric power producers, and the imposition of tariffs electric enough. These measures are required in the energy sector to provide a reliable source in the supply of electric power to homes, businesses and industries. All of these efforts combined will help in the development of non-oil sector, and ultimately lead to more jobs. Electrical energy subsidies The third axis is the necessity of removing the distorting fuel subsidies provided to producers. In 2011 alone, we estimate the total volume of fuel subsidies of $(9.8) billion U.S. dollars, or the equivalent of 5.4 percent of GDP. This is a very heavy cost for a country like Iraq has big needs at the social level and the level of infrastructure. The electrical energy subsidies create distortions detrimental to the economy, the wheel could discourage investment in the energy sector and in industries that require more intensive workforce, as well as those subsidies create incentives for waste and smuggling. Therefore, it has encouraged us in our report mentioned the Iraqi authorities to reduce those subsidies, and use part of the savings to increase targeted assistance to those who need it most. And the low income of most Iraqi families, what and mechanisms of action necessary for the development of domestic economy? Allweg dominated each of said oil production and the public sector on the economy of Iraq. The government is directing the path of the income generated from oil exports to hire / Run Iraqis in the public sector, and to provide government subsidies. In our view, the model of economic growth this take has its limits. The oil sector and the government can not create enough employment opportunities for Iraqi citizens who accelerating population growth. In addition, it has resulted in decades of sanctions and conflict for a loss in human capital and the destruction of infrastructure, which prevents the government from providing basic services to citizens, including social safety nets inadequate. Reduce the incidence of poverty and unemployment He added, saying, We believe that the Iraqi authorities should focus on the creation of an enabling environment for private sector development. We've talked a lot about sound economic policies in the areas of public finance and monetary areas. In order to develop growth, and reduce poverty and unemployment, it is incumbent on the Iraqi economy to be strong structurally. This reality not the case in Iraq at the present time. There are a lot of things that still need to work on them, and we to Anttriq in our report only to the key priorities for structural reform them. Credit granted And foremost in between can say that the existence of an efficient financial sector and a large to a sufficient degree is of great importance for economic growth, and as shown by the experience gained in many countries over a long period of time. In Iraq, the financial sector is still weak, to a large extent but just to give an idea of ​​this weakness, the percentage of "Total credit / loans to the economy," amounting to about 29 percent of GDP, compared with 55 percent in the countries of the region. However, this figure also includes a number great deal of credit granted by the state-owned banks State-owned government companies owned by the state, so if we look at the total credit granted to the private sector, they represent only 15 percent of GDP, and this percentage is very low. http://www.alsabaah.iq/ArticleShow.aspx?ID=50872
  10. Hi! I'm same area and I' interesting to buy these dinar. How can I contact you? Thanks.
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