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Consensus on simplified procedures and removal of routine


DinarThug
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CNN. Broadcasting While SandFly’s Already Standing At The Door Waiting To ‘Thank’ Everyone For Attending ! 

 

 

 

WELCOME TO THE IRAQ BANKING & INVESTMENT SUMMIT

Held for the first time in Baghdad on the 2nd and 3rd December, under the patronage of the Central Bank of Iraq, this landmark event will discuss the exciting opportunities and growth prospects within Iraq. This two-day forum will discuss the enormous potential of the Iraqi economy, bringing together high level discussion between government officials, decision makers, large multinationals and investors.

This important conference, the first of its kind to be held in Baghdad, is being organised at a crucial time. Iraq has reclaimed its land and driven out Daesh from its borders. The country is ready to develop its economy and once again showcase all it has to offer. The country is well known for its extensive hydrocarbon reserves, however, with the current decline in oil price, now is the time to highlight all the potential industries within the country.

Iraq has come through a difficult few years with declining oil prices and a costly war, however, its economy has remained robust. Growth is forecasted to average over 12% in 2017 with the budget deficit expected to be eliminated over the coming few years. The government successfully offered two sovereign bonds, exceeding all expectations, both highly oversubscribed. The confidence in the international investor community highlights the continued support to develop Iraq and its economy. With extensive opportunities within banking, mining, tourism, agriculture and many other sectors, now is the time to invest in Iraq.

WHY IRAQ BANKING & INVESTMENT SUMMIT?

Iraq has recently come through from a prolonged period of destabilization. The government has successfully driven out Daesh and has reclaimed its borders are many years of war.
The reduction in oil price has left the government with a large budget deficit and has highlighted the necessity to diversify the economy. The government has taken steps to improve productivity and develop the non-oil economy, including banking, agriculture, mining, tourism and many others.

The Iraq economy represents a large untapped potential and has witnessed strong growth over the past year, despite the challenges. The economy grew an estimated 10% in 2016, the highest in the region and across emerging markets. The country is rebuilding the non-oil economy, improving judicial and legislative systems and encouraging a wide range of investments.

There are no foreign limits on investments and foreign reserves are high at over US$ 50bn. The economy has room for growth, combined with a young and educated population, the opportunities are plentiful.

network-invest-isx.jpg

WHO ATTENDS?

WHO ATTENDS?

LOCAL MARKET
SERVICE PROVIDERS Ministers Large Multinationals Director Generals Banking Sector Central Bank Technology Firms Public & Private Banks Payment Systems Depository Centre Financial Institutions Private Companies Law Firms

AIM AND OBJECTIVES

 

LOCAL MARKET
SERVICE PROVIDERS Ministers Large Multinationals Director Generals Banking Sector Central Bank Technology Firms Public & Private Banks Payment Systems Depository Centre Financial Institutions Private Companies Law Firms

AIM AND OBJECTIVES

exhibit-mines-in-mena.jpg

AIM & OBJECTIVES

  • To highlight the outstanding opportunities for investment in Iraq.
To provide a forum for effective networking and exchange between key stakeholders in the Iraqi economy, including government officials, multinationals, investors and service providers. To discuss the variety of key sectors in the economy, showcasing its growth, development and outlook. Highlight the key challenges facing the economy, including diversification, foreign direct investment, judicial & legislative constraints, private sector growth and transparency. Discuss the necessary steps to enhance private sector employment and opportunities.

TOPICS OF DISCUSSION

  • Financing Iraq’s growth and diversification plans.
Foreign investors entering Iraq, understanding the local market. The non-oil sector, what are the key industries in the coming years? Developing and supporting the private banking sector. What steps are necessary to increase lending and encourage trust in banks. Modernising the banking sector through technology upgrades. Financing opportunities for the private sector; what measures are currently undertaken to promote private employment and growth. The importance of the Iraqi capital markets to develop the economy. How to encourage local company listings.

PREVIOUS ATTENDEES

Our conferences are attended by 300+ senior delegates comprising leading government officials, companies from the Middle East and North Africa, service providers and regional and international investors. Previous attendees at Iraq conferences include:

Iraqi Parliament

Credit Europe Bank Reliance Power Limited Phoenix Capital LLC Central Bank of Iraq Global Payment Systems Sansar Capital Asia Pte Ltd Rasheed Bank National Investment Commission International Development Bank Standard Chartered Bank Shell Trade Bank of Iraq Euphrates Fund Sumitomo Banking Corporation Societe Generale Iraq Stock Exchange Asia Frontier Capital The Bank of Tokyo Mitsubishi UFJ Manafsoft IFC KPMG Total Direct FN IMF Kurdistan International Bank Turkiye Is Bankasi A.S. IBM Bloomberg Elaf Bank UBS Iraqi Securities Commission Iraqi Private Banks League Kuwait Energy United Bank for Investment Karmal Brokerage JP Morgan Mansour Bank US Department of State Lebanon & Gulf Bank OECD Melak Iraq Arabian Business MedSecurities Investment Iraqi Embassies Moody’s Investors Service Middle East Limited CPI Financial MENA Capital ADIB National Bank of Iraq Financial Times Nasdaq Technology Bank of America Merrill Lynch National Holding Shell Northern Gulf Partners Basra International Oil & Gas Free Zone New Frontiers Business Consulting Reuters Quantech AsiaCell Oman Insurance Company Visa Quantrarian Capital Management Zain Iraq Orascom Construction Industries Bank of Baghdad SkillBase BLOM Bank Petronas Iraq Garraf Limited ExxonMobil Iraq Union of Arab Banks Byblos Bank Qaiwan Group General Electric Voltan Capital Management Cihan Bank QiCard ITS ZagTrader Citibank Rabee Securities MasterCard Fransabank

 

Our conferences are attended by 300+ senior delegates comprising leading government officials, companies from the Middle East and North Africa, service providers and regional and international investors. Previous attendees at Iraq conferences include:

Iraqi Parliament
Credit Europe Bank Reliance Power Limited Phoenix Capital LLC Central Bank of Iraq Global Payment Systems Sansar Capital Asia Pte Ltd Rasheed Bank National Investment Commission International Development Bank Standard Chartered Bank Shell Trade Bank of Iraq Euphrates Fund Sumitomo Banking Corporation Societe Generale Iraq Stock Exchange Asia Frontier Capital The Bank of Tokyo Mitsubishi UFJ Manafsoft IFC KPMG Total Direct FN IMF Kurdistan International Bank Turkiye Is Bankasi A.S. IBM Bloomberg Elaf Bank UBS Iraqi Securities Commission Iraqi Private Banks League Kuwait Energy United Bank for Investment Karmal Brokerage JP Morgan Mansour Bank US Department of State Lebanon & Gulf Bank OECD Melak Iraq Arabian Business MedSecurities Investment Iraqi Embassies Moody’s Investors Service Middle East Limited CPI Financial MENA Capital ADIB National Bank of Iraq Financial Times Nasdaq Technology Bank of America Merrill Lynch National Holding Shell Northern Gulf Partners Basra International Oil & Gas Free Zone New Frontiers Business Consulting Reuters Quantech AsiaCell Oman Insurance Company Visa Quantrarian Capital Management Zain Iraq Orascom Construction Industries Bank of Baghdad SkillBase BLOM Bank Petronas Iraq Garraf Limited ExxonMobil Iraq Union of Arab Banks Byblos Bank Qaiwan Group General Electric Voltan Capital Management Cihan Bank QiCard ITS ZagTrader Citibank Rabee Securities MasterCard Fransabank

LINK

 

LINK

 
Edited by DinarThug
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Thanks DT...The CBI is making some bond moves in the past week that appears to be measuring the dinar against other countries currency...and now with this summit, that appears to be measuring the investments interested in contributing to building the economy of Iraq...It's safe for Iraq to enter the international market at .10....but with all the activities the CBI is conducting to test the dinar against other foreign markets...there seems to be an awful lot of analyzing by the CBI to open up at an even 1to1 with the USD ( .86 ).....

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50 minutes ago, skeetdog said:

Thanks DT...The CBI is making some bond moves in the past week that appears to be measuring the dinar against other countries currency...and now with this summit, that appears to be measuring the investments interested in contributing to building the economy of Iraq...It's safe for Iraq to enter the international market at .10....but with all the activities the CBI is conducting to test the dinar against other foreign markets...there seems to be an awful lot of analyzing by the CBI to open up at an even 1to1 with the USD ( .86 ).....

Totally agree with you skeetdog :twothumbs:

Follow the bankers.... Follow the money.

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3 hours ago, skeetdog said:

Thanks DT...The CBI is making some bond moves in the past week that appears to be measuring the dinar against other countries currency...and now with this summit, that appears to be measuring the investments interested in contributing to building the economy of Iraq...It's safe for Iraq to enter the international market at .10....but with all the activities the CBI is conducting to test the dinar against other foreign markets...there seems to be an awful lot of analyzing by the CBI to open up at an even 1to1 with the USD ( .86 ).....

May I ask where you have seen them leaning toward any numbers?

 

Thanks

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4 hours ago, Freedomwish said:

And Sandfly, I'll be at the bar that very evening to help you thank EVERYBODY to celebrate!! :cheesehead:

 

SandFly Will Probably Wind Up Where He Always Does - Face Down ‘Thanking’ The Floor ! :o 

 

:D  :D  :D 

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  • yota691 changed the title to Consensus on simplified procedures and removal of routine
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