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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Delegation of Jordanian business leaders head to Iraq to enhance exports

    Hkp1
    Hkp1
    Hkp1
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    Posts : 3118
    Join date : 2012-12-19
    • Post n°1

    Delegation of Jordanian business leaders head to Iraq to enhance exports Empty Delegation of Jordanian business leaders head to Iraq to enhance exports

    Post by Hkp1 Sun 23 Dec 2012, 3:46 pm

    Delegation of Jordanian business leaders head to Iraq to enhance exports






    • Iraq: Saturday, December 22 - 2012 at 11:07


    A high level business delegation of 42
    Jordanian business leaders met in Irbil earlier this week with their
    Iraqi counterparts in Iraq in an effort to promote trade and boost
    Jordanian exports to the neighboring country.


    The two day visit was organized by Capital Bank, the fourth largest bank
    in Jordan in terms of capital and the only Jordanian bank in Iraq, in
    cooperation with its partner in Iraq; National Bank of Iraq.

    During
    its visit, which was the first of its kind to be organized by the Bank
    in Iraq, the Jordanian delegation met with members from the Chamber of
    Commerce in Kurdistan and a group of Iraqi business leaders in Irbil.

    Several
    visits are planned to be organized by the Bank for other groups of
    Jordanian businessmen and exporters to Baghdad and Basra soon.
    Chairman
    of Capital Bank and former Minister of Finance, Mr. Bassem Khalil
    Assalem, said during the dinner banquet held by the Bank, "Iraq has
    always been the largest and most significant trade partner for Jordan;
    this is clearly manifested in the long lasting trade relationships
    between exporters and businessmen in both countries. We are honored here
    at Capital Bank and at our partner National Bank of Iraq to be the
    first to organize such visit which will pave the way for further
    cooperation opportunities and cement distinct relations between the two
    parties."
    Mr. Assalem added, "Capital Bank presence in Iraq is
    considered to be significant as its share reaches to 73% of the
    operating capital in National Bank of Iraq."

    He stated, "This
    presence provides Jordanian businessmen with an added value to work in
    Iraq and enjoy safe channel to expand in the Iraqi market on one hand,
    and offers a bridge that links Iraqi people residing in Jordan with
    their business in their homeland on the other hand."
    He also
    talked about Capital Bank's relentless efforts to develop new
    relationships with all companies looking to develop their business in
    Iraq. This will be achieved, he said, through facilitating transactions
    between Capital Bank and National Bank of Iraq by granting its clients
    in Jordan and Iraq a full range of services.

    Chairman of the
    Investment Committee in Kurdistan, Mr. Hersh Muharram met with the
    Jordanian delegate and delivered a speech where he expressed his wishes
    to have more Jordanian manufacturers operating in Irbil.

    He also
    pointed out, "His government encourages the establishment of an
    industrial zone dedicated for Jordanian factories and managed by a
    Jordanian committee in an attempt to promote Jordanian goods in the
    area."
    On the sideline of the businessmen meetings, Capital Bank
    and National Bank of Iraq Board of Directors held meetings where they
    discussed future plans and opportunities available to extend operations
    of the two banks.
    Capital Bank and National Bank of Iraq provide
    investors in the Jordanian and Iraqi markets with a wide range of
    services. Accordingly, investors can finance their commercial
    operations, use and send all types of transfers and manage their
    accounts. Moreover, investors can benefit from the trading and
    investment consultation services provided by Capital Investments.
    In
    light of the booming commercial activity between the Jordanian and
    Iraqi markets, it is particularly important to make these banking
    services available and effective in the two markets. Iraq now tops the
    Arab countries list in terms of the value of Jordanian exports which
    reaches a billion dollars annually.
    This meeting is part of the
    continuous endeavors and initiatives launched or participated by Capital
    Bank. Another key meeting was the one held with the Exporters
    Association and the American Chamber of Commerce in Jordan where
    interested business leaders from Jordan and Iraq met to discuss
    efficient ways to seize and develop export and investment opportunities
    in Iraq.


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