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Increase contributed to Rasheed Bank with capital Arabic trade financing program ? Abu Dhabi

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rocky
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Increase contributed to Rasheed Bank with capital Arabic trade financing program ? Abu Dhabi

Post by rocky on Mon 23 Dec 2013, 12:28 pm

Increase contributed to Rasheed Bank with capital Arabic trade financing program ? Abu Dhabi

Economy _ |/12/23 at 01: 55: 59 PM
The Secretariat announced that the Council had decided that the Ministry of finance — Rasheed Bank payment of eight hundred and five thousand dollars from the Bank's own resources for the purpose of increasing his shares in the IPO, the new capital of Arabic trade financing program, based in the UAE capital Abu Dhabi. According to the Department of public information and Communications Office in a press release Monday, the Agency has received "Iraq News" version of it: the Council decided by the fifty-third regular session held on 22/12/13 approval of the Ministry of finance — Rasheed Bank payment of eight hundred and five thousand dollars from the Bank's own resources for the purpose of increasing his shares in the IPO, the new capital of Arabic trade financing program, based in the UAE capital Abu Dhabi based on article 15 of the General Companies Act No. 22 The 1997 rate. The decision was based on what his Finance Minister purely net debt agency emergency during a cabinet meeting.. a. s.


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rocky
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Re: Increase contributed to Rasheed Bank with capital Arabic trade financing program ? Abu Dhabi

Post by rocky on Wed 25 Dec 2013, 4:44 am

Increase shares "Rasheed Bank" capital of Arab Trade Financing Program in Abu Dhabi

Group: Economy
Published on Tuesday, 24 January 1 / December 2013 07:47
Written by publisher
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BAGHDAD - Awan

The General Secretariat of the Council of Ministers, the Council decided that the Ministry of Finance - Rasheed Bank to pay an amount of eight hundred and five thousand dollars from the resources of the bank self, for the purpose of increasing its shares in the IPO of the new capital of the Arab Trade Financing Program, based in the UAE capital Abu Dhabi.

According to the Department of Cabinet Affairs, in a written statement received by "time" on Tuesday, that "the Council decided in its session third ordinary session held on 12.22.2013, approved by the Ministry of Finance - Rasheed Bank to pay an amount of five and eight hundred thousand dollars from the resources of the bank self- for the purpose of increasing its shares in the IPO new capital for Arab Trade Financing Program, based in the UAE capital Abu Dhabi on the basis of the provisions of Article 15 of the Companies Act No. 22 of 1997 as amended. "

He pointed out that "the decision was based on the presentation of the Minister of Finance Agency purity of net debt in an emergency during a session of the meeting of the Council of Ministers."


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