yota691 Posted December 12, 2021 Report Share Posted December 12, 2021 The Central Bank of Iraq signs a memorandum of understanding with the Central Bank of the United Arab Emirates December 12, 2021 The Central Bank of Iraq signs a memorandum of understanding with the Central Bank of the United Arab Emirates His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mokhif, met with His Excellency the Governor of the Central Bank of the United Arab Emirates, Mr. Khaled Muhammad Balama, and the two sides signed a memorandum of understanding on enhancing cooperation and developing banking relations between the two brotherly countries. The meeting was attended by a number of officials of the Central Bank of Iraq and their counterparts from the Central Bank of the United Arab Emirates, where the two sides stressed the importance of developing banking relations, training cadres, facilitating the transactions of the private banking sector on both sides, and opening opposite accounts in a way that ensures compliance with international standards and taking due diligence in accordance with anti-money laundering and financing laws terrorism. Central Bank of Iraq information Office 7 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 Gold bullion and coin prices for Sunday 12/12 to Thursday 16/12/2021 December 12, 2021 ( Citizens can review government and private banks to buy gold bars and coins ) Gold bullion and coin prices for Sunday 12/12 to Thursday 16/12/2021 the weight Price/JD picture/forward Photo/Back مسكوة 15 غم 1,389,500 مسكوكة 22 غم 2,037,500 5 g ingot 435,000 slug 10 g 859,000 slug 15 g 1,291,500 slug 20 g 1,733,000 slug 25 g 2,175,500 4 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 The Governor of the Central Bank of Iraq inaugurates the activities of the Iraqi Banking Week at Expo Dubai 2020 December 12, 2021 The Governor of the Central Bank of Iraq inaugurates the activities of the Iraqi Banking Week at Expo Dubai 2020 His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Mukhif, opened the activities of the Iraqi Banking Week at the Iraq Pavilion at Expo Dubai 2020, in the presence of the President of the Arab Monetary Fund, His Excellency Mr. Abdul Rahman Al-Hamidi, and the President of the Association of Iraqi Private Banks, Mr. Wadih Al-Handal, and a number of general managers in the Central Bank and chairmen of boards banks. His Excellency the Governor of the Central Bank said that the launch of the activities of the Banks Week in the Iraq Pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the supervision of the Central Bank contributed greatly to the development of the banking sector. He explained that there are many Iraqi banks that began expanding outside Iraq, and this is what made them obtain good ratings by the competent financial institutions, indicating that Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments. He pointed out that all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector. On the other hand, the head of the Arab Monetary Fund, Mr. Abdul Rahman Al-Hamidi, praised the Central Bank's policy that contributed to the development of the banking sector. Al-Hamidi said that the Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mr. Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks, noting that we commend the measures taken by the Central Bank of Iraq. On the other hand, the head of the Iraqi Private Banks Association, Mr. Wadih Al-Handal, said that the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world, noting that the banking sector today represents a major point in the development of country's economy. He noted that the participation of banks and electronic payment companies in the Banking Week activities represents a strong and clear message to the world, that Iraq today is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks. It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. Central Bank of Iraq information Office 9 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 Central Bank Governor: Iraq has become an attractive arena for investments The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, archive December 12, 2021 2:31 PM Mubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, inaugurated today, Sunday, the activities of the Iraqi banking week in the Iraq pavilion at Expo Dubai 2020, in the presence of the President of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, the President of the Association of Iraqi Private Banks, Wadih Al-Handal, and a number of general managers in the bank Central Bank and heads of bank boards. Makhif said, according to a statement by the Central Bank, that the launch of the Banking Week activities in the Iraq pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the supervision of the Central Bank contributed greatly to the development of the banking sector. He added scary that there are many Iraqi banks began to expand outside Iraq, and this is what made them get good ratings by the competent financial institutions, indicating that Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments. The Governor of the Central Bank pointed out that all indicators of the Iraqi banking sector are constantly escalating, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector . On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector. Al-Hamidi said that the Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks. For his part, the head of the Iraqi Private Banks Association, Wadih Al-Handal, said that the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start. To revitalize banking relations with the outside world, noting that the banking sector today represents a major point in the development of the country's economy. Al-Handal noted that the participation of banks and electronic payment companies in the Banking Week activities represents a strong and clear message to the world, and that Iraq today is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks. It is noteworthy that the Iraqi Banks Week at Expo 2020 Dubai includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates . 7 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 The Central Bank of Iraq signs a memorandum of understanding with the Emirates Bank to develop banking relations On the sidelines of signing the memorandum December 12, 2021 02:11 PM Mubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, met today, Sunday, with the Governor of the Central Bank of the United Arab Emirates, Khaled Muhammad Balama. According to a statement by the Central Bank, the two sides signed a memorandum of understanding on strengthening cooperation and developing banking relations between the two brotherly countries. The meeting was attended by a number of officials of the Central Bank of Iraq and their counterparts from the Central Bank of the United Arab Emirates. The two sides stressed the importance of developing banking relations, training cadres, facilitating private banking sector transactions on both sides, and opening opposite accounts to ensure compliance with international standards and due diligence in accordance with anti-money laundering and terrorist financing laws. 5 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 Central Bank Governor: Iraq has become an attractive arena for investment Time: 12/12/2021 11:37:27 Reading: 832 times {Economist: Al Furat News} The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, opened, on Sunday, the activities of the Iraqi Banking Week in the Iraq Pavilion at Expo 2020 Dubai. The events were launched in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, a number of general managers of the Central Bank, and heads of bank boards. The Governor of the Central Bank said, in a speech during the launching ceremony of the events, that "the launch of the Banking Week activities in the Iraq pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the supervision of the Central Bank contributed significantly to the development of the banking sector." He explained that "there are many Iraqi banks that began to expand outside Iraq, and this is what made them obtain good ratings by the competent financial institutions," noting that "Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments." The governor noted that "all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector." On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector. Al-Hamidi said that the Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks. In turn, the head of the Iraqi Private Banks Association, Wadih Al-Handal, said, "The event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world, noting that the banking sector today represents a major point in the development of the country's economy. ". He pointed out that "the participation of banks and electronic payment companies in the activities of the Banking Week represents a strong and clear message to the world, that Iraq today is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks." It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. 4 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted December 12, 2021 Report Share Posted December 12, 2021 " indicating that Iraq today has become an attractive arena for investments" Music to my ears 2 2 6 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 Iraq and the UAE sign a memorandum of understanding to develop banking relations between the two countries Time: 12/12/2021 13:42:09 Reading: 845 times {Economic: Al Furat News} The Central Bank announced, on Sunday, the signing of a memorandum of understanding with the Central Bank of the United Arab Emirates to develop relations between the two countries. And a statement of the Central Bank, which {Euphrates News} received a copy of, stated, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb, met with the Governor of the Central Bank of the United Arab Emirates, Khaled Muhammad Balama." The statement indicated that "the two sides signed a memorandum of understanding on enhancing cooperation and developing banking relations between the two brotherly countries," noting that "the two sides stressed the importance of developing banking relations, training cadres, facilitating the transactions of the private banking sector on both sides, and opening opposite accounts in a manner that ensures that international standards are followed and that due diligence is taken. Duty in accordance with anti-money laundering and terrorist financing laws. And he continued, "The meeting was attended by a number of officials of the Central Bank of Iraq and their counterparts from the Central Bank of the United Arab Emirates." 9 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 The Governor of the Central Bank inaugurates the activities of the Iraqi Banking Week at Expo Dubai 2020 banks Economy News _ Baghdad Today, Sunday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhif, inaugurated the activities of the Iraqi Banking Week at the Iraq Pavilion at Expo 2020 Dubai. The events were launched in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, a number of general managers of the Central Bank, and heads of bank boards. The Governor of the Central Bank said, in a speech during the launching ceremony of the events, according to a statement received by "Economy News", that the launch of the Banking Week activities in the Iraq pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the Central Bank's oversight contributed significantly. Significant development in the banking sector. He explained that there are many Iraqi banks that began expanding outside Iraq, and this is what made them obtain good ratings by the competent financial institutions, indicating that Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments. The governor noted that all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector. On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector. Al-Hamidi said that the Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks. In turn, the head of the Iraqi Private Banks Association, Wadih Al-Handal, said that the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world, noting that the banking sector today represents a major point in the development of the country's economy. He pointed out that the participation of banks and electronic payment companies in the activities of the Banking Week represents a strong and clear message to the world, that Iraq today is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks. It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. Views 147 Date Added 12/12/2021 5 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 The Central Bank signs a memorandum of understanding with the Emirates Bank Central Bank Governor Mustafa Ghaleb Makheef with his Emirati counterpart Khaled Muhammad Balama Expenditures Economy News _ Baghdad Today, Sunday, the Central Bank announced the signing of a memorandum of understanding with the Central Bank of the United Arab Emirates. A central bank statement received by Al-Iqtisad News stated that "the governor of the Central Bank of Iraq, Mustafa Ghaleb, met with the governor of the Central Bank of the United Arab Emirates, Khaled Muhammad Balama." The statement indicated that "the two sides signed a memorandum of understanding on enhancing cooperation and developing banking relations between the two brotherly countries," noting that "the two sides stressed the importance of developing banking relations, training cadres, facilitating the transactions of the private banking sector on both sides, and opening opposite accounts in a manner that ensures that international standards are followed and that due diligence is taken. Duty in accordance with anti-money laundering and terrorist financing laws. And he continued, "The meeting was attended by a number of officials of the Central Bank of Iraq and their counterparts from the Central Bank of the United Arab Emirates." Views 146 Date Added 12/12/2021 4 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted December 12, 2021 Report Share Posted December 12, 2021 23 minutes ago, Wiljor said: " indicating that Iraq today has become an attractive arena for investments" Music to my ears I agree! But I think there’s one more thing they can do to go from *attractive* to *irresistibly gorgeous* .. 😁 6 1 3 Quote Link to comment Share on other sites More sharing options...
Popular Post Rochester Posted December 12, 2021 Popular Post Report Share Posted December 12, 2021 Patting myself on the back prematurely: 😆 Yeah I think this Iraqi Dinar thing will work. But why?...other than being right at essentially a guess, which it is: a guess. What is it? Besides the evidence? Me. 😉 I predicted the collapse of the Soviet Union, way back in the day. It was a wild guess. Told it to a friend of mine, who was from Czechoslovakia. "Pete" thought I was nuts. 🥜 <--Peanuts. Pete grew up there, experienced communism first hand, said it would last for hundreds of years. All the eggheads and geniuses at Harvard said the same thing at the time. 😵They were wrong. I never visited Eastern Europe, predicted the U.S.S.R. would collapse anyhow, based on reading "An Outline of History" by HG Wells, which basically said: All empires eventually end. They fall. U.S.S.R. ended. It fell. I've never been to the sun, but predict it will rise tomorrow. 🌞 Just like an apple on a tree, if you wait around long enough, it falls as Newton pointed out. Apples fall. So I told Pete: "Soviet Union is an empire. All empires eventually fall. USSR will fall". Pete said: "No it won't. OK. Maybe in hundreds of years". Two years later it fell. 🍎 Also predictions of mine: It will rain in Seattle. 🏊♀️ The sun will come out tomorrow. 🌞 Genius. Also prediction of mine: Donald Trump will become President in 2016. 😵 Of course my friends and family said, "Rochester is off his medication". Of course I was right. However to be fair, I thought it would take 10 years for the Dinar. I was wrong about that. 20 years. Only believe in things that have proven track records at prediction. I predicted before. About big, obvious things. I got it right, then. I got it right, now. The sun will come up. Apples will fall. Empires crash. All countries trade their currencies eventually. This investment is looking irresistibly gorgeous, in my opinion. 👸 If you want someone to open a pickle jar, don't ask me. 🥒 Too tough. If you want to know if this will work, sure it will. 🤐 2 1 10 5 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted December 12, 2021 Report Share Posted December 12, 2021 More news articles pointing to the openness of Iraq to the world 🌎 - Trade agreements - Memorandum of understanding - Foreign banks opening branches in Iraq Iraq is one step closer to an open market economy economy with an international recognized currency. 1 hour ago, Rochester said: This investment is looking irresistibly gorgeous, in my opinion. 👸 Totally agree with you Rochester 👍🏼💵💰 Go Iraq Go international Go stronger dinar $1:1 2 2 2 6 Quote Link to comment Share on other sites More sharing options...
southbeach Posted December 12, 2021 Report Share Posted December 12, 2021 (edited) UK is also bringing banks right into Iraq I believe Edited December 12, 2021 by southbeach Spelling 1 1 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted December 12, 2021 Report Share Posted December 12, 2021 3 hours ago, Half Crazy Runner said: I agree! But I think there’s one more thing they can do to go from *attractive* to *irresistibly gorgeous* .. 😁 Someday and BIG Prayers go out for IMMINENT I may add, all our Bank Accounts will look “ irresistibly gorgeous “ 4 2 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 12, 2021 Author Report Share Posted December 12, 2021 Central Bank: Iraq has become attractive to investment Monday 13th December 2021 66 Baghdad: morning The Governor of the Central Bank of Iraq, Mustafa Ghaleb, said that all indicators of the Iraqi banking sector are on the rise, indicating that Iraq has become an attractive arena for investment. A statement by the Central Bank, received by {Al-Sabah}, stated that the Governor of the Central Bank of Iraq, Mustafa Ghaleb, “opened the activities of the Iraqi banking week in the Iraq Pavilion at Expo Dubai 2020, in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, and the head of the Association of Iraqi Private Banks, Wadih Al-Handal, and a number of managers.” The two years in the Central Bank and the heads of the banks’ boards}. The Governor of the Central Bank said: {The launch of the activities of the Banking Week in the Iraq Pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world}, indicating that {the supervision of the Central Bank contributed significantly to the development of the banking sector.} He added, "There are many Iraqi banks that have begun to expand outside Iraq, and this is what made them obtain good ratings by the competent financial institutions," noting that "Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments." He pointed out that {all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector}. On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector. Al-Hamidi said, "The Governor of the Central Bank of Iraq and the Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, are now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks," noting that we "praise the measures taken by the Central Bank of Iraq." The head of the Association of Iraqi Private Banks, Wadih Al-Handal, also confirmed that “the event of the Iraqi Banks Week in the Dubai Expo represents an important sign and a very strong beginning to revitalize banking relations with the outside world,” noting that “the banking sector today represents a major point in the development of the economy. Country}. And he indicated that {the participation of banks and electronic payment companies in the activities of the Banking Week represents a strong and clear message to the world}, explaining that {Iraq is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks}. It is noteworthy that the Iraqi Banks Week, at Expo Dubai 2020 includes many banking activities, informing the public about the banking services provided by banks, as well as holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. 5 2 Quote Link to comment Share on other sites More sharing options...
HowieC Posted December 13, 2021 Report Share Posted December 13, 2021 The Central Bank: Many Iraqi banks have begun to expand outside the country 2021-12-13 07:06 Shafaq News/ The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokhif, opened today, Sunday, the activities of the Iraqi Banking Week in the Iraq Pavilion at Expo 2020 Dubai. The events were launched in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, a number of general managers of the Central Bank, and heads of bank boards. The Governor of the Central Bank said, in a speech during the launching ceremony of the events, that: The launch of the Banking Week activities in the Iraq pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the supervision of the Central Bank contributed significantly to the development of the banking sector. He explained that there are many Iraqi banks that began expanding outside Iraq, and this is what made them obtain good ratings by the competent financial institutions, indicating that Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments. The governor noted that all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector. On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector. Al-Hamidi said that the Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks. In turn, the head of the Iraqi Private Banks Association, Wadih Al-Handal, said that the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world, noting that the banking sector today represents a major point in the development of the country's economy. He pointed out that the participation of banks and electronic payment companies in the activities of the Banking Week represents a strong and clear message to the world, that Iraq today is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks. It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. البنك المركزي: العديد من المصارف العراقية بدأت بالتوسع خارج البلاد (shafaq.com) 2 3 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 13, 2021 Author Report Share Posted December 13, 2021 A memorandum of understanding between the UAE Central and its Iraqi counterpart for cooperation in the field of banking supervision Central Bank of the Emirates December 13, 2021 01:56 PM Abu Dhabi - Mubasher: The Central Bank of the Emirates and the Central Bank of Iraq signed a memorandum of understanding on enhancing cooperation in the field of banking supervision . The memorandum included three main areas, which included cooperation in the field of supervision of control and supervisory issues, exchange of supervisory information, strengthening bilateral cooperation in the field of training workers with the aim of upgrading the professional skills of both parties, in addition to technical assistance and exchange of experiences, according to a press release. Under this Memorandum of Understanding, the Central Bank of the Emirates and the Central Bank of Iraq will exchange information and communications during the licensing processes and the ongoing supervision of banks and other financial institutions operating in both countries, with the aim of achieving effective cross-border supervision, while fully maintaining the confidentiality of information . Yesterday, Sunday, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, signed with the Governor of the Central Bank of the Emirates, Khaled Muhammad Balama , a memorandum of understanding on strengthening cooperation and developing banking relations between the two countries . 5 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 13, 2021 Author Report Share Posted December 13, 2021 Find out the gold price in Iraq for today Time: 12/13/2021 13:13:38 Reading: 507 times {Economic: Al Furat News} "foreign and Iraqi" gold prices stabilized in local markets today, Monday (December 13, 2021). And recorded gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, for one weight of 21 karat of Gulf, Turkish and European gold, a selling price of 367 thousand dinars, and the purchase price of 363,000, which are the same prices recorded on Sunday. The selling price of one 21-carat weight of Iraqi gold was also stable at 337 thousand dinars, while the purchase price reached 333 thousand. With regard to gold prices in goldsmiths’ shops, the selling price of a 21-carat Gulf gold weight ranged between 365 thousand and 370 thousand dinars, while the selling price ranged between 335 thousand and 340 thousand Iraqi dinars. It is equal to one mithqal of gold (five grams). 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 13, 2021 Author Report Share Posted December 13, 2021 The Central Bank: The volume of exchange with the UAE exceeded 15 billion dollars during 2020 The Governor of the Central Bank of Iraq, Mustafa Ghalib, during his speech at the Iraqi-Emirati Banks Forum banks Economy News - Baghdad Organized in Dubai, the Iraqi-Emirati Banks Forum, in the presence of the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhaif, and a large number of Iraqi and Emirati banks. In his speech on the sidelines of the audience attended by "Al-Iqtisad News", the Governor of the Central Bank, Mustafa Ghaleb Makheef, said, "This meeting aims to strengthen partnership and cooperation between Iraq and the UAE, as the UAE is the main gateway for cargo ships to Iraqi ports and the main financial and commercial partner in the import movement. and export to Iraq. He added that "the volume of trade exchange between the two countries exceeded $15 billion during the year 2020, in addition to settling a large part of Iraq's imports through commercial institutions in the UAE, which necessitates the need to regulate the movement of funds and foreign trade between the two countries." He noted that "there are a number of Iraqi and Emirati banks operating in the two countries, and we look forward to strengthening the presence of Iraqi and Emirati banks by licensing branches in both countries to attract mutual financial operations and contribute to supporting the economy." And he indicated that the Iraqi banking sector is one of the promising sectors in terms of growth opportunities and its ability to attract financial operations and provide banking services to citizens,” noting that Iraq seeks to attract $100 billion in the transport, energy and agricultural sectors. The governor stressed that Iraqi banks, under the guidance of the Central Bank of Iraq, have been keeping pace with international banking standards, applying institutional governance, attracting competent competencies and cadres, adopting compliance standards, combating money laundering and terrorist financing, applying international accounting standards, increasing accounting disclosure and transparency in providing information, and implementing the recommendations of the Basel II and III Committee. On the other hand, the head of the Emirates Banks Federation, Abdul Aziz Abdullah Al Ghurair, said that Iraq is the sixth trading partner of the UAE, and we see a great tendency from the Central Bank of Iraq to support the relationship between the banking sector in the two countries, adding that the Banks Union is ready to exchange experiences with the sector Iraqi banker. He stressed that the size of the UAE banking sector amounts to more than 1.65 trillion dollars, and this makes it very strong in the financial market, and supports the non-oil economy, indicating that Emirati banks are ready to work with Iraqi banks and achieve partnership to serve the two countries. While the head of the Association of Iraqi Private Banks, Wadih Al-Handal, said that the Iraqi banking work is in continuous development under the supervision and guidance of the Central Bank of Iraq, which applies the highest standards of control and governance and creates a strong base of banks that serve the goals and strategy for the advancement of the Iraqi economy. He added that we aspire, through this forum, to open a new door of mutual banking relations and open mutual accounts between the two parties, noting that Iraqi banks possess high-level systems in addition to their application of anti-money laundering and terrorist financing laws. Views 114 Date Added 12/13/2021 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted December 13, 2021 Author Report Share Posted December 13, 2021 'The sixth trading partner of the UAE' The Governor of the Central Bank of Iraq from Dubai: Iraq seeks to attract $100 billion 2021.12.13 - 14:02 Baghdad - people The Central Bank of Iraq announced, on Monday, that the volume of trade exchange between Iraq and the UAE exceeded 15 billion dollars during 2020, while indicating that Iraq is seeking to attract 100 billion dollars in the sectors of transportation, energy and agriculture. In his speech at the Iraqi-Emirati Banks Forum, which was followed by "Nass" (December 13, 2021), Central Bank Governor Mustafa Ghaleb Mokhief said that "the forum aims to strengthen partnership and cooperation between Iraq and the UAE, as the UAE is the main entrance for cargo ships towards Iraqi ports and the main financial and commercial partner in the import and export movement towards Iraq,” noting that “the volume of trade exchange between the two countries exceeded 15 billion dollars during the year 2020, in addition to settling a large part of Iraq’s imports through commercial institutions in the UAE, which necessitates the need to organize Movement of funds and foreign trade between the two countries. He added, "There are a number of Iraqi and Emirati banks operating in the two countries, and we look forward to strengthening the presence of Iraqi and Emirati banks by licensing branches in both countries to attract mutual financial operations and contribute to supporting the economy." He continued, "The Iraqi banking sector is one of the most promising sectors in terms of growth opportunities and its ability to attract financial operations and provide banking services to citizens," noting that "Iraq seeks to attract $100 billion in the transport, energy and agricultural sectors." The governor stressed that, "Iraqi banks, under the guidance of the Central Bank of Iraq, have been keeping pace with international banking standards, applying institutional governance, attracting competent competencies and cadres, adopting compliance standards, combating money laundering and terrorist financing, applying international accounting standards, increasing accounting disclosure and transparency in providing information, and implementing the recommendations of the Basel II Committee and III ". While the head of the Emirates Banks Federation, Abdul Aziz Abdullah Al Ghurair, said, "Iraq is the sixth trading partner of the UAE, and we see a great trend from the Central Bank of Iraq to support the relationship between the banking sector in the two countries," adding that "the Banking Union is ready to exchange experiences with the banking sector." Iraqi". He stressed that "the size of the UAE banking sector is more than 1.65 trillion dollars, and this makes it very strong in the financial market, and supports the non-oil economy," noting that "the UAE banks are ready to work with Iraqi banks and achieve partnership to serve the two countries." The head of the Association of Iraqi Private Banks, Wadih Al-Handal, stressed that "the Iraqi banking work is in a continuous development under the supervision and guidance of the Central Bank of Iraq, which applies the highest standards of control and governance and creates a strong base of banks that serve the goals and strategy for the advancement of the Iraqi economy." He added, "We aspire, through this forum, to open a new door of mutual banking relations and open mutual accounts between the two parties," noting that "Iraqi banks possess high-level systems in addition to their application of anti-money laundering and terrorist financing laws." 2 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 13, 2021 Report Share Posted December 13, 2021 Central Bank: Iraq has become attractive to investment Monday 13th December 2021 Baghdad: morning https://alsabaah.iq/58821/البنك-المركزي-العراق-أصبح-جاذبا-للاستثمار The Governor of the Central Bank of Iraq, Mustafa Ghaleb, said that all indicators of the Iraqi banking sector are on the rise, indicating that Iraq has become an attractive arena for investment. A statement by the Central Bank, received by {Al-Sabah}, stated that the Governor of the Central Bank of Iraq, Mustafa Ghaleb, “opened the activities of the Iraqi banking week in the Iraq Pavilion at Expo Dubai 2020, in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, and the head of the Association of Iraqi Private Banks, Wadih Al-Handal, and a number of managers.” The two years in the Central Bank and the heads of the banks’ boards}. The Governor of the Central Bank said: {The launch of the activities of the Banking Week in the Iraq Pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world}, indicating that {the supervision of the Central Bank contributed significantly to the development of the banking sector.} He added, "There are many Iraqi banks that have begun to expand outside Iraq, and this is what made them obtain good ratings by the competent financial institutions," noting that "Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments." He pointed out that {all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector}. On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank's policy that contributed to the development of the banking sector. Al-Hamidi said, "The Governor of the Central Bank of Iraq and the Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, are now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks," noting that we "praise the measures taken by the Central Bank of Iraq." The head of the Association of Iraqi Private Banks, Wadih Al-Handal, also confirmed that “the event of the Iraqi Banks Week in the Dubai Expo represents an important sign and a very strong beginning to revitalize banking relations with the outside world,” noting that “the banking sector today represents a major point in the development of the economy. Country}. And he indicated that {the participation of banks and electronic payment companies in the activities of the Banking Week represents a strong and clear message to the world}, explaining that {Iraq is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks}. It is noteworthy that the Iraqi Banks Week, at Expo Dubai 2020 includes many banking activities, informing the public about the banking services provided by banks, as well as holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. 3 2 Quote Link to comment Share on other sites More sharing options...
coorslite21 Posted December 14, 2021 Report Share Posted December 14, 2021 Yota....Please feel free to move this...CL The Governor of the Central Bank inaugurates the activities of the Iraqi Banking Week at the Dubai Expo December 12, 2021Industry Baghdad The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, opened the activities of the Iraqi banking week in the Iraq pavilion at Expo Dubai 2020, in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, the head of the Association of Iraqi Private Banks, Wadih Al-Handhal, and a number of general managers of the Central Bank and heads of bank boards. Mukhif said , according to a statement by the bank, that the launch of the activities of the Banks Week in the Iraq pavilion, contributes greatly to the openness of the Iraqi banking sector to the Arab and international world. He added that the supervision of the Central Bank contributed significantly to the development of the banking sector. He explained that there are many Iraqi banks that have begun to expand outside Iraq, and this is what made them obtain good ratings by the competent financial institutions, indicating that Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments. He pointed out that all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector. On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank’s policy that contributed to the development of the banking sector. Al-Hamidi said that the Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks, noting that we commend the measures taken by the Central Bank of Iraq. On the other hand, the head of the Association of Iraqi Private Banks, Wadih Al-Handhal, said that the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world, noting that the banking sector today represents a major point in the development of the economy in the country. He noted that the participation of banks and electronic payment companies in the Banking Week activities represents a strong and clear message to the world, that Iraq today is witnessing an openness carried out by the private sector, and the state must protect it and facilitate its tasks. It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the United Arab Emirates. Source: National Iraqi News Agency 3 1 4 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 14, 2021 Report Share Posted December 14, 2021 Iraq, UAE sign MoU on Banking Supervision 14th December 2021 in Iraq Banking & Finance News https://www.iraq-businessnews.com/2021/12/14/iraq-uae-sign-mou-on-banking-supervision/ The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) have signed a Memorandum of Understanding (MoU) on 12th December, to enhance cooperation on banking supervision matters. The MoU covers three main areas, including control and supervisory issues, the exchange of supervisory information, and strengthening bilateral co-operation on training workers and upgrading the professional skills of both parties, in addition to technical assistance and knowledge exchanges. The MoU was signed by Khaled Mohamed Balama, Governor of the CBUAE, and Mustafa Ghaleb Mukheef, Governor of the CBI. Under this agreement, the Central Bank of the UAE and Iraq will exchange information and communications during licensing processes and on-going supervision of banks and other financial institutions operating in both countries, in an effort to ensure effective cross-border supervision, while maintaining the complete information confidentiality. Commenting on the MoU signing, Balama, Governor of the CBUAE, said: "At the CBUAE, we are keen to strengthen co-operation with our counterparts in the CBI to achieve common goals in enhancing banking supervision, and exchange the necessary information to advance the interests of both parties to protect our financial systems." Mustafa Ghaleb Mukheef, Governor of the CBI, said: "We believe that the time has come to raise the level of financial and banking relations between the two countries in proportion to the volume of trade and investments between us, as well as to enhance joint co-operation to address the challenges facing the banking sector." 2 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted December 14, 2021 Report Share Posted December 14, 2021 Mon 13-12-2021 18:27 PM CBUAE, Iraq sign MoU to enhance joint cooperation in banking supervision https://www.wam.ae/en/details/1395303002675 ABU DHABI, 13th December, 2021 (WAM) -- The Central Bank of the UAE (CBUAE) and the Central Bank of Iraq (CBI) has signed a Memorandum of Understanding (MoU) on 12th December, to enhance cooperation on banking supervision matters. The MoU covers three main areas, including control and supervisory issues, the exchange of supervisory information, and strengthening bilateral co-operation on training workers and upgrading the professional skills of both parties, in addition to technical assistance and knowledge exchanges. The MoU was signed by Khaled Mohamed Balama, Governor of the CBUAE, and Mustafa Ghaleb Mukheef, Governor of the CBI. Under this agreement, the Central Bank of the UAE and Iraq will exchange information and communications during licensing processes and on-going supervision of banks and other financial institutions operating in both countries, in an effort to ensure effective cross-border supervision, while maintaining the complete information confidentiality. Commenting on the MoU signing, Balama, Governor of the CBUAE, said, "At the CBUAE, we are keen to strengthen co-operation with our counterparts in the CBI to achieve common goals in enhancing banking supervision, and exchange the necessary information to advance the interests of both parties to protect our financial systems." Mustafa Ghaleb Mukheef, Governor of the CBI, said, "We believe that the time has come to raise the level of financial and banking relations between the two countries in proportion to the volume of trade and investments between us, as well as to enhance joint co-operation to address the challenges facing the banking sector." WAM/Amjad Saleh 2 2 Quote Link to comment Share on other sites More sharing options...
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