CBI News 09/13/2018

[Mxmann]

7 hours ago, new york kevin said:

Its sort of a secret, but you're warm. Be blest.

Warm???? Im actually hot with a fever, just trying to wrap my head around all this!!!!!  Any more clues? Do u kno someone on the inside?  If you do, you can tell me anything!  I wont tell anyone!!!!

[Half Crazy Runner]

5 hours ago, 8th ID said:

After the exit from the European sanctions .. Iraq is waiting to activate the service "financial" global

Economic development 13/09/2018 768

After the exit from the European sanctions .. Iraq is waiting to activate the service "financial" global

+ = -

 

The abolition of European sanctions on the central bank will lead to the activation of PayPal officially in Iraq, the Digital Media Center said on Thursday.

A statement by the Center, "The abolition of European sanctions on the Central Bank of Iraq will make it reliable financial institutions to deal with European international institutions and thus eliminates the obstacles to activate PayPal services officially in Iraq."

"Paypal is considered the best and most popular bank in the world. It provides users with digital financial services and supports thousands of electronic stores and e-commerce sites. Payment through PayPal was established in 1998 and supports the following Arab countries: Qatar, Oman, Yemen, Kuwait, Jordan Bahrain, Saudi Arabia, Algeria, Egypt, Tunisia, Morocco and Somalia. "

"Paypal allows to send and receive money, and provides a wallet that the user can add money to by bank or electronic transfer, and can connect different payment cards and bank accounts with your PayPal account for payment by PayPal means a uniform payment method at different locations "He said.

"Business owners can also add PayPal as a means of payment to their customers and non-profit or charitable organizations can easily receive donations from PayPal and from around the world."

"PayPal is not only limited to websites and applications, but can be used as a means of payment in restaurants, filling stations and supermarkets, to name but a few."

European Central Bank

https://translate.google.com/translate?hl=en&sl=ar&u=https://glgamesh.com/archives/9003&prev=search

 

This screams international to me! Right now Iraq is on the list of countries PayPal is not available. SOON !!!

 

Paypal??!! That’s a pretty big deal!! 🎉👍🏻🥂🎈  

[BKD]

Thanks for the further steps to an RV. Good News coming

[Freedomwish]

8 hours ago, 8th ID said:

"The abolition of European sanctions on the Central Bank of Iraq will make it reliable financial institutions to deal with European international institutions and thus eliminates the obstacles to activate PayPal services officially in Iraq."

This screams international to me! Right now Iraq is on the list of countries PayPal is not available. SOON !!!

 

 

Oh............MY..........WHISKEYYYYYYYYYYY!!!!! 

Edited September 14, 2018 by Freedomwish
I NEED MORE WHISKEY!!!

[yota691]

Central exit of European sanctions

15/9/2018 12:00 am  Baghdad / Mustafa Al Hashemi The European Union officially announced the exit of the Central Bank of Iraq from the list of sanctions imposed by the European Union on Iraqi financial institutions. Press reports confirmed the abolition of sanctions imposed on the Central Bank under the former regime, which provided for "the prohibition of dealing with a group of financial institutions and non-financial Iraqi, including the Central Bank of Iraq." In turn, the Central Bank said in a statement that the move comes "to the results achieved by the Central Bank of the great progress in improving its performance and the application of international regulations and standards in this area."  "Under these recent amendments, international financial banking institutions will be allowed to deal with them in accordance with the new regulations as they have become a reliable financial institution to deal with international European institutions," the bank said.

[yota691]

Experts: Ensure the investment is the basis of development

17/9/2018 12:00 am   Baghdad / Emad Al-Amara Iraq is suffering from the problem of the slow arrival of international and regional investments to be present in the local business arena, despite the great tendency to open up to foreign investment, especially after the achievement of the Central Bank achievement in getting out of the list of sanctions in the European Union to contribute to attract money and create the investment environment in the country and ensure the flow Investments to Iraq \  Attract investments between the academic economist d. "The success of the entry of foreign investment into Iraq requires the creation of an appropriate environment for the process of attracting these investments, after reforming the financial structure with procedures to facilitate the entry of investors' funds," he said. "The institutional and legal frameworks must be set up to instill confidence in the foreign investor, Which is stipulated in the investment law is the basis for organizing any economic activity. " Conflicting policies He continued: "It is necessary to achieve general stability, so if the investor enters its money, it must be dealing with the administrative policies and decisions in force in Iraq smoothly and without obstacles and away from routine."  He stressed the importance of directing foreign investment first in the infrastructure, especially in the energy sector, transport and basic services as it is the basis for the success of other investments, while encouraging joint investments between foreign and national capital to transfer expertise to local investors to develop their capabilities and potential.  He explained the importance of pushing foreign investors to use national labor after being given the possible facilities and exemptions from duties and taxes levied on such investments, and obliging foreign investors to run specific percentages of the labor force to absorb the phenomenon of domestic unemployment. "  Infrastructure For his part, the academic economist Amr Hisham need to "overcome the challenges facing foreign investment to enter the country through upgrading the infrastructure in Iraq, especially in energy sources, roads, transportation and basic services necessary for the success of investment projects."  "This requires directing the state's effort to rebuild the basic infrastructure of the society so that the process of reconstruction and foreign investment can succeed," he said.  Investment flows Hisham pointed out that "the absence of sophisticated financial markets able to meet the requirements of the investment sector in all forms is another obstacle to the success of any investment," but the central bank opened the door to enter the money to Iraq after he managed to get the country out of the list "The presence of such sophisticated markets helps the process of investment flows and motivate citizens to invest their savings, especially if we know that there is an intention to privatize a number of state-owned enterprises."  Investment Decision  Hisham focused on " He called for "the development of the institutional and legal framework, especially after changes in the methodology of the state and its future directions in the transformation of the Iraqi economy from the central planned economy to the free economy, and the transition from the central management of the strong state to the federal system with broad powers to manage the regions and provinces, Its interaction with multiple institutions with unaligned powers ".