CBI News 06/04/2022

[yota691]

The Central Bank of Iraq participates in the annual meetings of the Islamic Development Bank

 

  

 June 04, 2022

 

 

 

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The Central Bank of Iraq participates in the annual meetings of the Islamic Development Bank

 

The Deputy Governor of the Central Bank of Iraq participated in the annual meetings of the Islamic Development Bank, which will be held for the period from 1-4 June 2022 in the Arab Republic of Egypt. The Deputy Governor held several meetings with officials and institutions of the Islamic Development Bank to enhance their contributions to support various projects for the public and private sectors in Iraq. For its part, the Islamic Development Bank affirmed its readiness to provide support and contribute to the financing of strategic projects in Iraq and the development of human resources for the Central Bank of Iraq and the Ministry of Finance in various financial aspects, especially the issuance of green sukuk. 
A delegation from the Central Bank of Iraq and the Director General of the Iraqi Fund for Foreign Development in the Ministry of Finance participated in the meetings.
On the other hand, he arrived in Baghdad on Friday afternoon 6/3/ 2022A delegation from the Central Bank of Egypt is on an official visit to discuss prospects for cooperation with the Central Bank of Iraq and to exchange experiences in various issues of common interest.

Central Bank of Iraq
Media Office

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[yota691]

The Islamic Development Bank confirms its readiness to finance strategic projects in Iraq

 

 Yesterday, 09:40

Baghdad - INA 
The Islamic Development Bank in Egypt affirmed, today, Saturday, its readiness to finance strategic projects in Iraq and to develop human resources for the Central Bank of Iraq and the Ministry of Finance in various financial aspects.
A statement by the Central Bank, received by the Iraqi News Agency (INA), stated that "the Deputy Governor of the Central Bank of Iraq participated in the annual meetings of the Islamic Development Bank that will be held for the period from 1-4 June 2022 in the Arab Republic of Egypt." 
He continued: "A delegation from the Central Bank of Iraq and the Director General of the Iraqi Fund for Foreign Development in the Ministry of Finance participated in the meetings."
He added that "the deputy governor held several meetings with officials and institutions of the Islamic Development Bank to enhance their contributions in supporting various projects for the public and private sectors in Iraq." 
For its part, the Islamic Development Bank affirmed its readiness to provide support and contribute to the financing of strategic projects in Iraq and the development of human resources for the Central Bank of Iraq and the Ministry of Finance in various financial aspects, especially the issuance of green sukuk.
On the other hand, a delegation from the Central Bank of Egypt arrived in Baghdad yesterday afternoon, Friday, June 3, 2022, on an official visit to discuss prospects for cooperation with the Central Bank of Iraq and to exchange experiences in various issues of common interest.

[6ly410]

Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside

Posted 1 minute ago

 

محافظ البنك المركزي : القطاع المصرفي العراقي يشهد تطوراً وانفتاحاً على الخارج - اخبار العراق (iraqakhbar-com.translate.goog)

news source /first news agency

 

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheeb, confirmed today, Sunday, that the Iraqi banking sector is witnessing development and openness to the outside.

And the Central Bank’s media office said in a statement received (Al-Oula News), that “the Governor of the Central Bank of Iraq, Mustafa Ghaleb, received a delegation from the Central Bank of Egypt, headed by the Deputy Governor, Dr. Sherif Ashour, in response to an official invitation.”

He added, "During the meeting, they discussed developing Iraqi-Egyptian relations at the level of the banking sector and strengthening them to serve the interests of the two countries, and to enhance financial inclusion."

He stressed that "the Central Bank of Iraq always seeks to develop its relations with central banks in the countries of the world, in a way that contributes to developing bilateral relations and increasing cooperation, which will reflect positively on the Iraqi economy."

He continued, "The Iraqi banking sector is witnessing development and openness to the outside," explaining that "the exchanged visits between the Iraqi and Egyptian Central Banks are part of the cooperation efforts between the two parties, which contribute to the development of human resources for workers in the banking sector."

It is noteworthy that the delegation of the Central Bank of Egypt, yesterday, Saturday, conducted an inspection tour of the new building of the Central Bank of Iraq, and visited cultural and heritage landmarks in Baghdad, where he praised the great architectural edifice that decorated the capital, Baghdad.

[6ly410]

Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside

Posted 11 seconds ago

news source /Iraqi News Agency ( INA )

Central Bank Governor: The Iraqi banking sector is witnessing development and openness to the outside (iraqakhbar-com.translate.goog)

News source / Iraqi News Agency (INA)

BAGHDAD -
The Central Bank Governor, Mustafa Ghaleb Mokhief, confirmed today, Sunday, that the Iraqi banking sector is witnessing development and openness to the outside.
The media office of the Central Bank said in a statement received by the Iraqi News Agency (INA), that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb, received a delegation from the Central Bank of Egypt, headed by Deputy Governor, Dr. Sherif Ashour, in response to an official invitation."
He added, "During the meeting, they discussed developing Iraqi-Egyptian relations at the level of the banking sector and strengthening them to serve the interests of the two countries, and to enhance financial inclusion."
He stressed that "the Central Bank of Iraq always seeks to develop its relations with central banks in the countries of the world, in a way that contributes to developing bilateral relations and increasing cooperation, which will reflect positively on the Iraqi economy."
He added, "The Iraqi banking sector is witnessing development and openness to the outside," explaining that "the exchanged visits between the Iraqi and Egyptian Central Banks are part of the cooperation efforts between the two parties, which contribute to the development of human resources for workers in the banking sector."
It is noteworthy that the delegation of the Central Bank of Egypt, yesterday, Saturday, conducted an inspection tour of the new building of the Central Bank of Iraq, and visited cultural and heritage landmarks in Baghdad, where he praised the great architectural edifice that decorated the capital, Baghdad.

 

[Rochester]

The reason this is very, very good news: People have pointed out how bad corruption is in Iraq. That's true. How much it slows down progress. That's true. How frustratingly greedy and stupid people are. That's true. How much money people make, in corrupt ways, in Iraq. That's true.

 

But what's missing from their analysis? When you add it up honestly, there is a hell of a lot more money to be made honestly, than corruptly. That's why honest trading wins, in the end. That's why corruption can exist in a country, while the country still thrives, opens to the outside world. Kuwait is corrupt as anything. Yet their currency is worth a lot.

 

That big, beautiful tower, the bank building they built in Bagdad. It will win, in the end. You can't be open to the world, yet somehow not trade your currency. The forces for open trade, are gathering strength in Iraq and will win, for the same reason corruption wins: there is money to be made, in honest trade, just like there is, in corrupt trade. The difference is, in the long run, there is far, far more money to be made in honest trade, than corrupt trade.

 

This is similar to Italian Americans and the mafia. Many early Mafia leaders from Italy, they were very very intelligent men. Due to lack of education etc. they were cut off from achieving their potential in life...so they turned to corruption. One Italian American who knows all about this is Rudy Giuliani. Brilliant guy, friend of President Trump. Another guy who knew this was John F. Kennedy's dad, who made his fortune running illegal booze between Canada and the United States, during Prohibition.

 

Don't worry about this. Have a beer and relax. We already won. We're just waiting for the result to come it.

 

 

[6ly410]

1 minute ago, Rochester said:

We already won

  go RVVVVVVVVVVVVVVVVVVVVVVVVV

[6ly410]

Central Bank Governor: Iraqi banking sector sees development and openness abroad

Banks
   https://economy-news.net/content.php?id=28328

Economy News - Baghdad
Central Bank Governor Mustafa Ghaleb Scary said Sunday that Iraq's banking sector is developing and opening up abroad.

"Central Bank of Iraq Governor Mustafa Ghaleb Scary received a delegation from the Central Bank of Egypt, headed by Deputy Governor Dr. Sherif Ashour, at an official invitation," the Central Bank's information office said in a statement.

"During the meeting, they discussed the development and strengthening of Iraqi-Egyptian relations at the banking sector level in the interests of both countries and the promotion of financial inclusion," he said.

"The Central Bank of Iraq is always seeking to develop its relations with central banks in the world, contributing to the development of bilateral relations and increased cooperation, which has a positive impact on the Iraqi economy," he said.

"The Iraqi banking sector is witnessing development and openness abroad," he said, adding that "mutual visits between the Central Banks of Iraq and Egypt are part of the cooperation efforts between the two parties that contribute to the development of human resources for banking workers."

 

 

 

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Views 35

Add 2022/06/05 - 8:32 PM

Updated 2022/06/05 - 9:45 PM

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[6ly410]

Governor of the Central Bank of Iraq receives a delegation from the Central Bank of Egypt

 Banknotestors Official statement  

 June 05, 2022

 

 

Central Bank of Iraq | Governor of the Central Bank of Iraq receives a delegation from the Central Bank of Egypt (cbi.iq)

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Governor of the Central Bank of Iraq receives a delegation from the Central Bank of Egypt

 

The Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Scary, received a delegation from the Central Bank of Egypt, headed by Mr. Deputy Governor Dr. Sherif Ashour, at an official invitation.
During the meeting, they discussed the development and strengthening of Iraqi-Egyptian relations at the banking sector level in the interests of the two countries, and the promotion of financial inclusion.
His Excellency the Governor said: The Central Bank of Iraq always seeks to develop its relations with central banks in the countries of the world, contributing to the development of bilateral relations and increased cooperation, which has a positive impact on the Iraqi economy.
"The Iraqi banking sector is developing and opening up abroad. He pointed out that the mutual visits between the Central Bank of Iraq and Egypt, are part of the cooperation efforts between the two parties, which contribute to the development of human resources for workers in the banking sector.
On Saturday, the Delegation of the Central Bank of Egypt conducted an inspection tour of the new building of the Central Bank of Iraq and visited cultural and heritage landmarks in Baghdad.
The visiting delegation praised the large architectural edifice that adorned the Iraqi capital, Baghdad.

Central Bank of Iraq
Information
Office 5 - June 2022