n4fun: Bank: the opening of Abu Dhabi Islamic Bank will enter the UAE investors to the country Dated: 7/29/2012 7:56:48 Sunday
Baghdad (news) . Said Executive Director of the Association of private banks Abdulaziz, Hassoun, said the opening of the first Emirates Islamic Bank in Iraq will provide an opportunity for investors from the UAE and the Gulf to come to invest, and help the transfer of modern banking technology for the banking sector in Iraq.
The Goldfinch (of the Agency news): The opening of the first branch of the Abu Dhabi Islamic Bank is a good step towards providing the banking sector in Iraq that the United Arab Emirates is one of the developed countries in the field of banks through the introduction means and modern techniques in their work, which will help to develop the banking sector, the Iraqi through the transfer of international experience in banking.
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honeybunzmom GM 8BALL
8ball Hello Seems weird that they are allowed to put banks in foreign countrys under chapter 7
Honeybunzmom I know what gives with that
8ball seems like Iraq has training wheels on
Honeybunzmom unless they are planning to do everything in one sweep
8ball or something I guess Vietnam is in the same boat
honeybunzmom chapter 7 is a security blanket for them...so if they screw up someone will help
8ball direct financial dealing is not allowed thats how Jordan did well everything went through Jordan ...commercially times have changed
Honeybunzmom If they do the rv, release the new currency and coins and come out of chapter 7 at the same time , it will total chaos..... don't know who is directing them , but can't put all your eggs in one basket
8ball I think they are emerging and gaining global privileges as the get things done
honeybunzmom how can a bank open up with currency not worth a dang...... =-O
8ball kind of weird
Honeybunzmom that be the case....I could open one up here.....I have enough of fruitless dinars to do it Iraq must have a tactic to handle this that no dinar will be released into UAE but maybe they will buy back IDK its odd
Honeybunzmom I also thought that Maliki was to be "interogated" this week....and now he has said he would make an announcement after Ramadan...... they are letting him buy more time ??
8ball Maliki won't be interrogated
divak he just keeps the stall tactic going?
8ball he'll negotiate his way out which I believe has happened
divak morning 8ball and hbm
honeybunzmom Next year is their election again isn't it.....GM divak
8ball and Maliki is now waiting for the end of Ramadan to address parliament
Morning The Deputy PM position has been restored this week this means there is an agreement He is now working in the cabinet
honeybunzmom all positions have been filled now also haven't they?
8ball with boarder powers also no the security ministers are still pending though they have had several sessions and Maliki has approved three candidates
Honeybunzmom sounds like Maliki has been somewhat busy.....but still should have had all this done in the 7 years he has been in office
8ball last night Maliki chaired a meeting on Security so we may hear something
honeybunzmom oh good.....
8ball I do believe that the UNSC doesn't just extend UNALI without something in return IMO Iraq has to form the government within a time frame the RV is held up as you know ....hasn't happened yet ... the DFI fund sits in the MOF must be moved to CBI to be recognized as reserves this is a primary responsibility of the CBI
honeybunzmom what is the hold up there.....looks like they would do whatever it takes to get the ball rolling.....
8ball to set the value of the dinar relative to the reserves
honeybunzmom unless they are concerned as to what Maliki will do with the funds
8ball Politics Pure.... politics.... interference from several countries along with Iraq's internal fragmented clans which don't get along
Honeybunzmom well I ain't met a politican I trusted yet !! gotta run....good chatting with you as always.....got to get ready for church.......
8ball ok bye
Dinarfrank Hello 8ball. Great Chat. Is there more?
8ball looking to see what happened yesterday
Dinarfrank I am hoping it comes today or Monday
8ball well that would be nice
8ball I think that Ramadan is a deep religious occasion and they may stand clear of it
Dinarfrank You may be right
8ball I personally think that any time is a good time for an RV ;)
Dinarfrank Absolutely Keeping my dance card open
8ball Dinarfrank the UNAMI extension must have come with a promise from Iraq to form the government by a certain time
Dinarfrank I'd think so
8ball I have set the count down timer to August 18th when Maliki has said he will address parliament
Dinarfrank With Tim G. in Europe tomorrow and Europe taking off the month of Aug. for holiday The guys on Bloomberg TV
8ball I do believe RV season is between now and September
Dinarfrank I think so I may be a little anxious
8ball pressure of questioning Maliki caused an agreement on the reform paper
8ball UNAMI extension caused the date for government formation
8ball as soon as the DFI makes it to the CBI - the CBI will adjust the exchange rate from the MOF
Dinarfrank That'll be nice too
8ball but its all politically being held back
Dinarfrank I think so
8ball going to check out ...news
Dinarfrank Didn't Parliament have a Saturday session?
8ball yes it did
Dinarfrank OK Thanks
8ball they only have Saturday sessions to pull things ahead gives you an indication of internal pressure
Dinarfrank Sat always a good thing
8ball the big news is that the Deputy PM is back to work with broader powers
Dinarfrank Very telling
8ball this to me...means agreement
Dinarfrank Yes Well, you go ahead. I didn't mean to keep you And TYSVM for the chat I'll catch you a little later
8ball cya np