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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

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Iraq filed four billion dollars of his assets in Egypt to strengthen foreign currency reserves

    Hkp1
    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


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

    Iraq filed four billion dollars of his assets in Egypt to strengthen foreign currency reserves Empty Iraq filed four billion dollars of his assets in Egypt to strengthen foreign currency reserves

    Post by Hkp1 Mon 25 Mar 2013, 9:39 am

    Iraq filed four billion dollars of his assets in Egypt to strengthen foreign currency reserves

    25/03/2013-4: 19 pm


    Egypt
    announced on Monday to send a delegation to Iraq's economic planning
    Minister and the Governor of the Central Bank and economists to agree on
    details of Iraq's hard currency deposits at the Central Bank of Egypt
    to support the Egyptian economy almost collapsed because of protests and
    continuing unrest in the country for more than two years.

    The
    newspaper said the Egyptian delegation that "the Minister of planning
    and international cooperation of Egypt Ray left Cairo International
    Airport Monday morning, heading to Baghdad at the head of a delegation
    on a visit to Iraq take several days to discuss the details of granting
    Egypt deposit by $ 4 billion added to the country's foreign exchange
    reserves."

    The paper said that "Egyptian Planning Minister left
    aboard an Egypt air for Baghdad, accompanied by a number of officials
    including beauty star, Deputy Governor of the Central Bank of Egypt and a
    number of expert bankers."

    She said that the Egyptian delegation
    is scheduled to meet with Iraqi Planning Minister Ali Shukri, the
    Governor of the Iraqi Central Bank and legal adviser to the Iraqi Prime
    Minister and other officials to discuss granting Iraq Egypt deposit of
    about $ 4 billion in the Central Bank to support the Egyptian economy. "

    He
    was Prime Minister Nuri al-Maliki announced (4 March 2013) at a joint
    press conference with his Egyptian counterpart Hisham jellyfish in the
    capital Baghdad, with Egypt exporting crude oil to return to export to
    Iraq in the form of oil products after refining in refineries, and
    through the planned pipeline across Jordan, while jellyfish that Egypt
    is determined to make several economic agreements with Iraq for the
    benefit of the two countries.

    Qandil was visited in Iraq (4 March 2013) is the first official visit of Prime Minister to the country since more than 20 years

    The
    IMF said in a report issued on 21/3/2013 after consultations held in
    Oman between a delegation from the Fund and an Iraqi delegation led by
    ware planning to mark that according to field poll conducted by the
    Central Bank's reserves of 70 billion dollars, the financial
    precautionary balances in the Development Fund for Iraq rose to 18
    billion dollars by the end of the year 2012,

    He noted that the
    rise came from the unexpected oil revenues ", called on the Iraqi
    Government to end the dominance of State-owned banks on the banking
    sector, he stressed the need for Iraq to strengthen fiscal institutions
    to ensure efficiency and transparency in the use of oil revenues.

    USAID
    was expected in (3 December 2012) leads the Iraqi economy during the
    five-year Arabic States, asserting that Iraq possessed all the
    qualifications to be a powerful country economically.

    For years,
    Iraq is trying to attract foreign capital to develop its economy in the
    areas of private oil industry and housing and oil and gas extraction,
    and to the need of funds for infrastructure development and
    reconstruction, the markobin contend that the lack of interest of the
    State to the private sector, where investment laws are free of
    significant safeguards for investors and absence of other laws remain
    obstacles to the development of the economy as intended.

    Iraq
    depends on who owns the fourth largest oil reserves in the world, 95
    percent of its annual oil exports, currently produces around 2 million
    and 900,000 barrels per day, with exports up to 2 million and 200,000
    barrels a day.

    The Iraqi Parliament adopted in October 2006, the
    Iraqi investment law that was said at the time that it would open the
    door wide to foreign investment, due a lot of facilities to foreign
    investors, many foreign companies still hesitate because of fear of
    security instability in Iraq, as a result of the reluctance of investors
    to come, the law was amended by the House of representatives on October
    13, 2009, the most important amendments to the Act giving the right
    investor Iraqi and foreign ownership of land and real estate belonging
    to the State allowance determined in accordance with the special regime.


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