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New CBI announcement 01/13/2016


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  •  (Statement) by the Central Bank Law No. (56) for the year 2004 and the system of electronic payment services to cash No. (3) for the year 2014 was two license (Iraq portfolio company, Asia Company Money) to work Kmzoda electronic payment services via mobile phone in Iraq. 2016/1 / 13

  • Iraqi Central Bank Charter of the Internal Audit Committee April 2012     
    01.13.2016

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add this on Asian Company Money


Ooredoo : Expands Mobile Financial Services across its Footprint

 
01/13/2016 | 07:39 am US/Eastern
 

Launch of AsiaHawala in Iraq Means Customers in Four Countries Now Benefit from Comprehensive Suite of Mobile Financial Services from Ooredoo

Doha, Qatar

Ooredoo is expanding mobile financial services (MFS) across its footprint, following the launch of AsiaHawala exclusively with Asiacell, part of Ooredoo Group, in December 2015.

AsiaHawala is the first-ever mobile money service provider to launch in Iraq, licenced by the Central Bank of Iraq. The service enables Asiacell customers to make a number of Mobile Money transactions on a daily basis, including money transfer, bill payments and airtime top-up.

AsiaHawala is currently available at 1,600 locations throughout all governates of Iraq.

With the launch of AsiaHawala, Ooredoo now offers mobile financial services in four markets - Qatar, Indonesia, Tunisia and Iraq - delivering daily services to nearly five million customers.

H.E. Sheikh Saud Bin Nasser Al Thani, Group CEO, Ooredoo, said: 'Smart financial services have the potential to change people's lives, by offering access for the under-banked and providing customers with greater control over their money. Ooredoo is deploying a full range of innovative solutions to extend the range of mobile financial services across our footprint, and we're very proud that Asiacell has launched the first mobile money service licenced by the Central Bank of Iraq.'

Ooredoo is pursuing a targeted strategy of enhancing the range of mobile financial and mobile commerce solutions for consumers and for business customers across its markets in the Middle East, North Africa and Southeast Asia, recognising the strong demand.

- END-

About Ooredoo

Ooredoo is a leading international communications company delivering mobile, fixed, broadband internet and corporate managed services tailored to the needs of consumers and businesses across markets in the Middle East, North Africa and Southeast Asia. As a community-focused company, Ooredoo is guided by its vision of enriching people's lives and its belief that it can stimulate human growth by leveraging communications to help people achieve their full potential. Ooredoo has a presence in markets such as Qatar, Kuwait, Oman, Algeria, Tunisia, Iraq, Palestine, the Maldives, Myanmar and Indonesia. The company was named 'Most Innovative Company of the Year - MEA Region' at the 2015 International Business Awards.

The company reported revenues of US$ 9.1 billion in 2014 and had a consolidated global customer base of 114.9 million customers as of 30 September 2015. Ooredoo's shares are listed on the Qatar Stock Exchange and the Abu Dhabi Securities Exchange.

 

About AsiaHawala

Established by Iraqi Kurdish telecom professional, Zring Faruk, AsiaHawala for Non-Banking Financial Services Ltd. is a diversified financial services company, focused on improving people's lives and positively contributing towards the economy through innovative and need driven financial products that are designed to inspire every walk of life. Established in 2014, AsiaHawala for Non-Banking Financial Services Ltd. is the forerunner in technology based financial solutions for everyone requiring access to financial transactions of any type. Ranging from e-Wallets, Bill Payments, Salary Disbursements, Money Transfers to Merchant Payments and a lot more, we offer a wide selection of services that suit your everyday needs. We invest significantly in advance technology and thorough research in order to provide the customers with the most up to date and current bouquet of services that could be provided for the offering.

Ooredoo QSC issued this content on 2016-01-13 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-13 12:38:04 UTC

 

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Posted 31 December 2015 - 01:55 AM

182725Image1.jpg
Managing Director of Asia Money Zrnk Farooq

Roudao - Sulaimaniyah 

Asiacell mobile phone service, announced the launch of the electronic payment service (Asia Project Money), in the whole of Iraq and the Kurdistan Region, and became a joint can pay wages of electricity, water and irregularities, salaries and other and vice versa. The Asia Money is a company wide non-bank believes financial liquidity and clipboard and electronic credit cards and the distribution of salaries and remittances of money and purchase transactions via mobile phone. cooperates Asiacell in Iraq with the Iraqi Central Bank, and in the province of Kurdistan cooperate with the central bank in the region, and will open 16 thousand for the sale of the ticket center. is required for those wishing to service the said to be from users Asiacell line and buy a ticket Asia Money, and dial # 212 * and the application of the rest of the instructions, and there is a special secret codes for the uneducated to make sure the transmission is completed prior to implementation.There is no requirement that the recipient of the Asia users transfer, but can send money to any person based on personal identity, so that the recipient of the receipt of money through any center of the company's centers. and held CEO of Asia Money, Zrnk Farouk, a press conference today announced that the project has been activated in Kurdistan and Iraq, currently the province, and the transfer be in Iraqi dinars only. He added that he will be in the coming years to activate the service all over the world, and will also transfer to the dollar.



Read more: http://dinarvets.com/forums/index.php?/topic/213558-asiacell-announced-the-launch-of-e-payment-project/#ixzz3x8IFpNCF
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Ooredoo launches mobile financial services in Iraq

By Mary Lennighan, Total Telecom
Wednesday 13 January 2016

Asiacell brings AsiaHawala mobile money offer to its customers.

Ooredoo on Wednesday announced the launch of mobile financial services at its Iraqi operation, bringing the number of markets in which it offers mobile money to four.

The Qatar-based telecoms group said its Asiacell unit in Iraq started offering mobile money services from AsiaHawala in December.

AsiaHawala is an Iraq-based diversified financial services company. It was founded by Iraqi Kurdish telecom professional Zring Faruk in 2014 and is the first mobile money service provider to launch in Iraq. It is licensed by the Central Bank of Iraq.

The service enables Asiacell customers to carry out transactions such as money transfers and bill payments.

It is available at 1,600 locations across Iraq, Ooredoo said.

As a result of the launch, Ooredoo now offers mobile financial services in four markets, the other three being its home market of Qatar, Indonesia, and Tunisia.

"Ooredoo is deploying a full range of innovative solutions to extend the range of mobile financial services across our footprint, and we're very proud that Asiacell has launched the first mobile money service licensed by the Central Bank of Iraq," said Ooredoo's group CEO Saud Bin Nasser Al Thani, in a statement.

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DOHA - Al-Raya: HE Sheikh Saud bin Nasser Al Thani, Chief Executive Officer of Ooredoo confirmed that the company is a partner in the long term the challenge for Arab mobile applications, applications and still the level of participation and the extent of the commitment of enthusiastic young developers to build applications raises admiration. He added that the Ooredoo make every effort to encourage the development of content and applications to fit the local needs of our confidence effects that could have on the various communities in which we operate. "

Provided Ooredoo congratulate the winners in the regional finals of the challenge to the Arab and mobile applications at a special ceremony held in Algiers earlier this month. Arab and can challenge for mobile application, which was launched in 2013, the opportunity for various teams composed of members of not more than six and not more than all of them ages 35 years to develop applications for mobile contribute to making a difference in their communities.

The company expressed pride in its participation in the final of the region, who introduced the 24 teams from across the region designs for their applications and their business plans in front of a jury composed of experts and specialists in this field.

He received two teams from the participating teams on material support to prize their applications, and to assist in configured in preparation for placing on the market. The two teams are the winners and the team that developed the application "VISIONGEEKS" of Sudan, and the team who developed the application "BOOKR" from Kuwait.

Also received five other winning teams the opportunity to compete in the global challenge to mobile applications, which will be held during the Mobile World Congress to be held in Barcelona during February.The five teams are, the team that developed the application "SYNOOS" of Algeria, and the application of the "Doha DOHA GUIDE Guide" from Qatar, and the application of "MY U TEAM" of Kuwait, and the application of "GRAVILOG" of Palestine, and the application of "RAYE7" of Egypt.

And participated in the Arab challenge for mobile application, which was organized by "the privilege of the Middle East", more than twenty teams representing several countries involving both Algeria and Qatar, Tunisia, Lebanon, Palestine, Kuwait, Jordan, Egypt, Oman and Sudan. The team gave all his thoughts about the application, which can have a positive impact on communities, including measures to address certain issues in the areas of education, health care, entrepreneurship and the ability to get jobs and entertainment principles.

Ooredoo and it supports a number of activities that can be developed in business incubators, and programs of entrepreneurship in different presence zones, including programmatic tStart and iStart of Ooredoo Algeria, and Program Start-Up Factory in Tunisia, and the program Ideabox in Indonesia, and program digital lighthouse of nursery business in an incubator Qatar business.

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