<![CDATA[Dinar Recaps - Iraqi News Recaps]]>Sat, 25 May 2013 14:13:13 -0800Weebly<![CDATA[Iraqi News Feeds page is now open]]>Thu, 03 Jan 2013 05:56:23 GMThttp://www.dinarrecaps.com/5/post/2013/01/iraqi-news-feeds-page-is-now-open.htmlDinar Recaps has a new page for Iraqi News Stories.

Instead of posting individual news stories like we have done on this blog page, we have now set up a page with Feeds from many different sites and Iraqi News agencies.

We have the page open now, but will be adding more sites to the page in the next day or so.

Here is the link to the new page - IRAQI NEWS FEEDS
]]><![CDATA[New Format for this News Page Coming Soon]]>Tue, 01 Jan 2013 14:35:22 GMThttp://www.dinarrecaps.com/5/post/2013/01/new-format-for-this-news-page-coming-soon.htmlDinar Recaps will be reformatting our Iraqi News page in the next day or two.

Stay tuned to a new format that will allow us to bring more stories to our readers.

Thank you to all our loyal readers who enjoyed this news page the past 10 months.
]]><![CDATA[Central Bank is witnessing a decline in demand for the dollar]]>Mon, 31 Dec 2012 21:21:10 GMThttp://www.dinarrecaps.com/5/post/2012/12/central-bank-is-witnessing-a-decline-in-demand-for-the-dollar.htmlCentral Bank is witnessing a decline in demand for the dollar
12/31/2012

BAGHDAD / obelisk: sales of the Iraqi Central Bank of the dollar on Monday, down in the auction on the sale and purchase of foreign currencies, reaching 191 million and 437 thousand dollars, compared with 241 million and 848 thousand dollars recorded in the previous session, and covered the central bank at an exchange rate basis was 1166 dinars per dollar.

The bulletin auction bank that the aggregate demand for the dollar distributed by (23.3 million) in cash, and (137,000, 168) dollars in the form of remittances fully covered by the bank foreign exchange rate was 1179 dinars per dollar, including the central bank's commission amounting to 13 dinars per dollar.

The bulletin indicated that the 21 banks participating in the auction today did not make any offers to sell the dollar.

And regulates the Iraqi Central Bank auction of five meetings weekly from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar.
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Click for Link]]><![CDATA[Experts: the banking sector and stock market responsive to the requirements of economic development]]>Mon, 31 Dec 2012 21:18:49 GMThttp://www.dinarrecaps.com/5/post/2012/12/experts-the-banking-sector-and-stock-market-responsive-to-the-requirements-of-economic-development.htmlExperts: the banking sector and stock market responsive to the requirements of economic development
31/12/2012

BAGHDAD - Hkuran Fatlawi : money market is heading in Iraq to achieve quantum leaps in performance of the three elements of the market banks, stock market, and insurance companies in order to deal with change and development stage and the requirements needed shift towards a market economy and achieve economic development. In this context, seeks CBI to improve the performance of Iraqi private banks and public and through cooperation with some international institutions where bank issued instructions commensurate with the requirements of the global banking industry and recommendations Basel 1 and Basel 2.

said the expert at the World Bank d. Majid picture in an interview »morning» said the central bank received a grant of 10 million dollars from some donor countries by the World Bank and in cooperation with international companies dedicated to prepare the necessary studies for restructuring organizational, operational and financial Rafidain and Rasheed.

drew the picture that, to improve performance, the Bank trained more than seven hundred employees from various levels, especially leading them in two banks and the Central Bank of Iraq, in order to see the achievements of the global banking industry and the way they work and training with an attempt to apply the work.

said Suri that the central bank promising a new law on the organization of work of government banks, and submitted to the State Council in the month of Tmosalmnasrm complement restructuring process, adding that this law depends on the recent trends in the management of State-owned banks, particularly with regard to the independence of the management of these banks for capital ownership »Governance banks»
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and hinted picture that studies carried out by International companies made ​​important recommendations for re-organizational structure of the banks and the methods and procedures to improve the performance of these banks in accordance with international standards.

explained that these recommendations were discussed by all the relevant authorities, has been approved by the Higher Supervisory Committee on restructuring, consisting of Messrs. central bank governor and finance minister The head of the BSA. said Suri he is now being follow up the implementation of these recommendations by the parties representing the supervisory senior, and under the supervision and follow up directly by the governor, including recommendations regarding the need to apply the banking system overall, which will allow the development of the work of banks and expand its services, as well as for enabling the banks themselves, and the Central Bank of immediate application control and prudential supervision.

He hinted Suri said central interested Islamic banking as a promising special law Islamic banks and sent into the Council of State, as is the bank now legally regard to ensuring deposits with banks.

added due to the absence of modern mechanisms, the diagnosis irregularities relating to money laundering come late, and after committing long relatively. The central bank is currently securing these mechanisms and programs, and will impose used on banks all public and private. Either in stock has sought the Iraqi market for securities and through cooperation with the Federation of Euro-to train and raise the skills of workers to apply and Ttoiralanzma modern electronic and advanced in the stock market as well as with the company World NASDAQ .
They will discuss and determine the study designs required for the new system »X Stream».

For these technologies impact on the performance of the market, as it increases the turnover of stocks and then check the principle of liquidity and its ability to implement dozens of contracts at the same moment when the conditions for its implementation and advantages of the new system that has the ability to link and host state Stock Exchange in Iraq and increase the number of investors and thus higher stock indexes and attract investors and longer system later used in Arab bourses - Dubai, Abu Dhabi, Egypt, Bahrain - has a high capacity and large in the implementation of contracts and has the support of a technical high company NASDAQ Global and allows for the Iraq market hosting market Arbil Securities efficiently implement and trading.

At the same context revealed Chairman Board of Governors in the Iraqi market for securities Laith sentenced Suleiman al-Tamimi intention of the Council and management of the market to establish training courses lectured by professors specialize in enterprise Iraqi market, so as to transfer the information to All beneficiaries through the media as the most important and most dangerous way to connect with the masses, as well as for the nature of the work the Iraqi market for securities and the role of media in attracting investment. said «there sessions futuristic and 6 workshops, including a session of , and another to extract financial statements of listed companies and the workshop next agreement with the bank CBI on how to delete the zeros, and its impact in the Iraqi market and the shares listed on the market.

continued from »the most important achievements of the Council for this year instructions« custodian «where it saves money investors available in all countries of the world and his keeping the funds of investors, and be either a bank or a company contribution, or foreign banks, and we are working system of electronic trading, one of the most advanced systems in the world.

focused on the role of the media organization in attracting investment, pointing out that media development or economic in Iraq is still in the development stage and need to activate this role in order to achieve the possibility of analyzing the information and not just in the transfer, and called for activating the role of the media in the process of economic development in the country's economic, the performance of the insurance sector remained slow and Aeetmashy with the requirements of great transformation witnessed by the country in the field of construction and reconstruction.

http://www.alsabaah.com/ArticleShow.aspx?ID=41741
]]><![CDATA[Advanced negotiations for new deals for the purchase of fighter jets ]]>Mon, 31 Dec 2012 21:15:48 GMThttp://www.dinarrecaps.com/5/post/2012/12/advanced-negotiations-for-new-deals-for-the-purchase-of-fighter-jets.htmlAdvanced negotiations for new deals for the purchase of fighter jets
Monday 31 December 2012

Revealed the leadership of the Air Force for advanced negotiations with a number of internationally known their progress in the field of combat aircraft industry in order to strike deals to equip the Iraqi air force to add to the F16 aircraft deal the U.S..

The commander of the Air Force first team corner pilot Anwar Hama Amin "There are negotiations, committees were sent to several countries known in this area to diversify import sources fighter aircraft also has a delegation representing the state advanced in Iraq to negotiate a deal new aircraft," pointing out that "will be revealed it if the announcement of the final agreement with them. "

The secretary pointed out that "these negotiations seeking to diversify its sources of arming the Air Force of the states a sophisticated and well-known global technical capabilities and technological, as well as other technical matters," he said.
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And between the commander of the Air Force that deal processing aircraft F16 U.S. continues on schedule agreed between both Iraq and the U.S. and remains no change and efforts are underway by measures decade in terms of training of pilots and technicians and complete the infrastructure at the base chosen where will enter into force with receipt of the first batch of aircraft in 2014. "

The Secretary said that "trainees both pilots four or technicians the 350 currently in the process of language and reached an advanced stage and high levels reached scores very high and will soon begin phase technical training after the completion of stage language will also be doubling the number of pilots to double next year for training on these aircraft will increase number successively until the start of the processing stage. "

The Iraqi government signed the 2008 deal with the U.S. side to processers six C130 aircraft for military transport and the use of natural disasters.

Being four Iraqi pilots training Mkthagh in the United States to lead the F16 aircraft, which is considered one of the advanced aircraft at the level of the Arabian Gulf region, while being 350 technical professional training for the same purpose.

The leadership of the Air Force has revealed earlier for choosing a military base will be the headquarters for the F16 aircraft is expected to arrive in September 2014 but did not specify where that rule for security reasons.

M. J

http://alrayy.com/70362.htm
]]><![CDATA[Islamic Party withdraws from Anbar demonstrations because "loss of control of the protestors" ]]>Mon, 31 Dec 2012 21:13:42 GMThttp://www.dinarrecaps.com/5/post/2012/12/islamic-party-withdraws-from-anbar-demonstrations-because-loss-of-control-of-the-protestors.htmlIslamic Party withdraws from Anbar demonstrations because "loss of control of the protestors"
Monday, December 31 2012 14:08

Anbar / obelisk: announced member of the Anbar provincial council flowered Mullah, Monday, that the Islamic Party, which called on the people of the province to protest Square demonstrators withdrew after "losing control of the demonstrators."

Mulla said the "obelisk", "The Islamic Party, which mobilized and made great efforts to establish demonstrations and sit-ins taking place in cities of Anbar withdrew from the demonstrations, on Monday afternoon," adding that "the Islamic Party goal of the demonstrations was to raise issues affecting the street in an attempt gain Dr. masses and political gains serve their aspirations in the electoral achievement. "
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He is a member of the Anbar province said that "the withdrawal of the Islamic Party of Square sit-in came as a result of the lack of control powerful cadres inside the Square sit-in, after the demonstrators refused to obey their orders lowered All logos belonging to the party."

He pointed out that "Anbar tribal elders and trying to dislodge all the political parties that are trying to promote slogans serve the aspirations and affect citizen for election propaganda Square demonstrations."

The demonstrations in Anbar province enters tenth day, in spite of numerous attempts made by the local government to end the protest, but all attempts failed and could not open the international highway so far.

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]]><![CDATA[Central Bank calls for banks to get the right to sell the U.S. dollar]]>Mon, 31 Dec 2012 21:11:34 GMThttp://www.dinarrecaps.com/5/post/2012/12/central-bank-calls-for-banks-to-get-the-right-to-sell-the-us-dollar.htmlCentral Bank calls for banks to get the right to sell the U.S. dollar
December 31 2012

BAGHDAD / obelisk: stressed the Central Bank of Iraq, Monday, he was in the process of opening the door to get the right to sell the dollar for all Iraqi banks.

The governor of the Central Bank and Abdul Basit Turki Agency for "obelisk", "The bank has decided to open the door to all banks for window sell the currency from the beginning of next year."

Turki added, "This decision will reduce the effort on the citizen to go to currency outlets will reduce the momentum would also bring the principle of justice for all private banks wishing to deal selling the currency to citizens."

". Turki pointed out that "the bank will receive applications from private banks as of next Wednesday."

And regulates the Iraqi Central Bank auction of five meetings weekly from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale and transfers of about 13 dinars per dollar.
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Click for Link]]><![CDATA[Parliamentary Foreign discuss with Kuwaiti ambassador out of Iraq from Chapter VII]]>Mon, 31 Dec 2012 21:09:53 GMThttp://www.dinarrecaps.com/5/post/2012/12/parliamentary-foreign-discuss-with-kuwaiti-ambassador-out-of-iraq-from-chapter-vii.htmlParliamentary Foreign discuss with Kuwaiti ambassador out of Iraq from Chapter VII
31/12/2012

BAGHDAD - morning : Prime parliamentary Foreign Sheikh d. Hamoudi with Kuwaiti Ambassador to Iraq Ali insured bilateral relations between the two brotherly countries and the outstanding issues that prevent exit Iraq from Chapter VII of the UN Security Council.

gave Sheikh Hamoudi, during a meeting believer congratulations to the National Assembly and the Committee on Foreign Relations in which the occasion of winning the confidence of the people, expressing hoped to start a popular new parliamentary relations for the advancement of bilateral relations between the two countries. The two sides stressed the depth of historical relations and ties between the brothers in Iraq and Kuwait, Sheikh Hamoudi discussed and Ambassador insured on the exit of Iraq from the provisions of Chapter VII.
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http://www.alsabaah.com/ArticleShow.aspx?ID=41730]]><![CDATA[Law: It is too early to talk about Maliki's nomination for a third term ]]>Mon, 31 Dec 2012 14:50:45 GMThttp://www.dinarrecaps.com/5/post/2012/12/law-it-is-too-early-to-talk-about-malikis-nomination-for-a-third-term.htmlLaw: It is too early to talk about Maliki's nomination for a third term
12.31.2012

Said the coalition of state law to nominate Prime Minister Nuri al-Maliki for a third term is not currently being discussed, against the backdrop of the sayings attributed to the al-Maliki that the arena is enthusiastic for the government to assume the presidency for the third time.

A member of the state law, Abbas al-Bayati, in a press statement that "the issue of granting a third term of the owners had not been addressed to him, either closely or from afar," stated Al-Bayati, "We are now the provincial elections and we have common lists with our allies from other blocs represented in the current Liberal and Council Supreme Islamic in a number of provinces, including Mosul, Salahuddin and Diyala. "

Bayati pointed out that "it is premature to talk about renewing the mandate of a third of the owners and the blocks that will reap the majority of the votes, according to election law is win the job."
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http://www.alestiqama.com/news.php?cat=siasy&id=5865]]><![CDATA[Parliamentary economy: industry Iraqi "dying" because of the absence of government support ]]>Mon, 31 Dec 2012 14:49:44 GMThttp://www.dinarrecaps.com/5/post/2012/12/parliamentary-economy-industry-iraqi-dying-because-of-the-absence-of-government-support.htmlParliamentary economy: industry Iraqi "dying" because of the absence of government support
12/31/2012

The Committee on the economy and investment parliamentary deeply regretted what she called agony Iraqi industry because of the lack of support and import approach pursued by the state.

The Committee member Abdul Hussain Abtan told the "integrity of electronic" that the blockade imposed on Iraq in the early nineties caused many consequences caused great damage to the industrial sector in Iraq.

The Abtan that other thing was supposed After the fall of the system that there will be industrial revival supportive of the industrial sector to find laws and facilities for this important sector, especially in providing loans to restore the industrial sector confidence and creates in its production gradually in the provision of certain goods and supplies simple to say the least demanded by the market.

And between Abtan that the industrial sector of Iraq today suffers from many problems and too large in spite of our demand MPs and serve as the economy and invest for several times the need to provide the conditions and facilities distinct for the sector in general and the private sector in particular to have a role in the reconstruction and the provision of supplies different but unfortunately still the problem exists and that limit the advancement of the industrial sector in the country.
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http://www.alestiqama.com/news.php?cat=business&id=1702]]>