[millionday] it appears they are preparing for just that -- the move to the market which takes their currency with it cross everything sounds great
[faith1] widening and deepening of the banking activity of banks across the world in the light of the technological revolution . across the world..across the world..across the world !!!
[millionday] whooop whoop brb let me see what else i can possibly have
[millionday] i do have the entire list of the job of the committee of the implementation of the economic reform law committee but it is boring and just tells what everyone will be doing -- but it is the formation of the economic reform law committee so that is the news of it in itself smile
Read More Link On Right
[tbob] millionday bring it on . . and also the dates if you like* *
[monique13] Anymore about Citi group opening tomorrow?
[Leggs] Millionday, Do you see anything on the Election Law? Did they vote on it today?.
[millionday] i hope so going back in brb smile
[Baxter1243] NO..they didnt vote on it...passed it on till tomorrow
[millionday] election law
[millionday] Called the complexities of finding a solution to the points of contention in the election law , who suffers difficult in the House, the presidency to suspend its meeting of 32 and keeping them open for the third day in a row,
awaiting consensus of the political blocs on the law , which makes it the Council has two choices only two , either compatibility or majority voting to pass the election law.
Decision to suspend the meeting came after continuous meetings of the heads of political blocs out to dissolve a compromise of differences on the law , has continued throughout the day yesterday, were discussed during the four proposals to resolve these differences , including a proposal for the United Nations.
[millionday] note -- they have a deadline -- its tomorrow this means today not yesterday
[cookie2] Sunday ? millionday
[millionday] deadline for election law to be done
[Sager] millionday is this a non-negotiable deadline?
[millionday] so they have two choices -- either work it out or take what has the most votes they say it is absolute
[Sager] ok thanks
[millionday] it appears with them applying the consensus -- last part>>>>>>>>>>>>>>>>>>> number of seats compensatory to 3 after the share formerly one seat , while the rejects all of the National Alliance to waive seats compensatory four and the existing Iraqi Mqaadiha in those seats.
believes Congress that the continued differences over the election law will lead parliament to one of two options only two , either to continue to suspend the hearings and make them open until finding a consensus , which , according to deputies elusive , because of the masses demands ,
or going to vote on the law, a majority , an option that looms Kurdistan Alliance boycott the electoral process in the event of its implementation, as well as the return to the old law
[millionday] so as you can see -- they are at the crunch have to have it done
[Sager] nice... let's hope!
[millionday] what was the other question -- i forgot it election law and what was the other issue ?
[Sager] millionday infrastructure law?
[tbob] millionday wow an agenda . . they are being forced to do something LOVE IT -- smile
[millionday] i know they have a deadline for the law love it
[millionday] i dont see anything on it -- seems that they are working within infrastructure investment and also contracts so im not sure why they have no law in place and believe they do due to the business visas for infrastructure but will watch for it
[wmawhite] millionday ....notice....they still have an old law............that they are currently using.
[wheresmyRV?] Anything on citibank opening up there this week millionday?
[millionday] infrastructure is going when they pass the election law -- the kurds said if they get what they want they will vote it through but we will see thats right Citibank brb thanks hun i dont see citibank
[millionday] i have this though ------ The Secretariat said in a statement Sunday, said that the Department of Intergovernmental Follow-up and Coordination in the General Secretariat of the Council of Ministers announces disable working hours on Tuesday, November 5, 2013 on the occasion of the Islamic New Year.
It is noteworthy that the month of Muharram, which represents the first months of the year Hijri, is gaining importance in the hearts of Muslims due to the abundance of important events in Islamic history that took place in it, and perhaps in the forefront of the migration of the Prophet Muhammad (peace be upon him) from Mecca to Medina, and the incident tuff in Karbala cited where Imam Hussein bin Ali bin Abi Talib (peace be upon them).
[millionday] launch of Islamic banking law we saw makes me wonder if this will bring us the fiscal year by Islamic banking --- hmmm
wmawhite] millionday .some people think that the rate will not change because Parliament has laws to pass.
[tbob] millionday do you mean the 2014 budget fiscal year?
[millionday] i disagree -- depending on the law -- but the rate can change at anytime now -- international compliance and Basel compliance is the rock of international banking law -- huge huge -- the boss of all banks
[wmawhite] millionday millionday ...Islamic bank=fiscal year.....hmmmm.
[millionday] here we go hmmm interesting hun very interesting it is almost an ah ha moment if we had a for sure makes sense but we will see -- can only go by ink
[millionday] Citigroup, Bank announced Citigroup Alamerreqi the banking services, on Monday, to open an office in Baghdad to become the first U.S. bank to expand its services to include Iraq, betting in this his move on the long-term economic opportunities in the oil-rich country.
The bank said Citigroup Citigroup said in a statement quoted by the British newspaper Financial Times and seen, (Presse term), he said that “the bank will open on Monday, his first formal office in the capital Baghdad after receiving the initial approvals from the Central Bank of Iraq.”
The newspaper quoted the Executive Director of Citigroup bank in Europe, the Middle East and Africa, James Collis as saying, “Iraq is an important market with an economy enjoys a great future capabilities over time.”
He said the bank in accordance with the statement that “Dennis Flannery former financial attaché of the U.S. Embassy in Baghdad, who ran the Office of the City Bank for the interests of Iraq in Amman since its inception two years ago, will be chaired by the Office of Baghdad.”
[millionday] He said the bank in a statement, “Over the past decade used the bank to fund investors and major companies operating in Iraq by giving them funding commercial banking services and cash and investment management through its branches regional in Dubai and the Office of Iraq in Amman and the ways of its branch in London.”
The bank said that “this step comes for the establishment of a physical presence in the Iraqi market in conjunction with the aspiration of major oil companies, industry and construction to invest in Iraq.”
According to analysts, economists guesses in a U.S. bank Citigroup, “the expansion of the growth of the oil sector in the country would turn Iraq into one of the largest oil exporter in the world over the next decade and economic power is estimated at $ 2 trillion by the year 2050.”
And operates banks Citigroup in the Middle East for almost 50 years and offers banking services in 11 countries, including the United Arab Emirates, Egypt, Kuwait, and also offers business services banker to consumers in the United Arab Emirates, Egypt, Bahrain and Pakistan, which is one of the banks of the four that will help the government of Dubai in the collection $ 800 million to finance powered by the collection of tolls on the roads in the future.
[millionday] oh well that certainly makes sense but that is the last update and not anything out there changing it the countries they do business in makes sense with the agreements made by iraq
[millionday] of course the entry of citibank is huge and all the news is tonight – huge so lets wrap it up and know that i said -- wow 2 the wow -- ] i have to say this is great -- we will have roundtable if i am back from my appointment but might be late not sure