The Association of Private Banks and the Union of Arab Banks are discussing the development of bilateral relations


Economy News Baghdad:

A delegation from the Union of Arab Banks, headed by Raja Kamouni, visited the headquarters of the Association of Iraqi Private Banks in Baghdad.

The delegation was received by the President of the Association of Iraqi Private Banks Wadih al-Hantal and the Executive Director Ali Tariq. The two sides discussed the development of bilateral relations and the necessity of opening up Iraqi banks to Arab and foreign banks.

The Union of Arab Banks issued an official invitation to Al-Hanal to visit his headquarters in Beirut to discuss the Arab measures in activating the proposal to establish a bank for the reconstruction of infrastructure in Arab areas affected by terrorism.

The head of the Association of Private Banks, Wadih al-Hanalal, said during the meeting that “the relationship between the Union of Arab Banks and the Association of Private Banks is very strong,” stressing that “a delegation from the Association will visit the headquarters of the Union soon to discuss bilateral relations.”



Saudi – Iraqi team to develop banking relations



Economy News Baghdad:

The Governor of the Saudi Arabian Monetary Agency, Dr. Ahmed bin Abdul Karim Al-Khulaifi, discussed with the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, the promotion and development of direct cooperation between the banks in both countries.

The visit aims to form a joint team of the Monetary Authority and the Central Bank of Iraq within the framework of the development and activation of banking relations.

During the meeting, they discussed a number of issues of mutual interest and means of developing banking relations in both countries. They also discussed cooperation with regard to remittances, correspondence relations between Saudi banks and Iraqi banks and other banking transactions that provide suitable infrastructure for future economic and investment cooperation between the two countries.

He welcomed the desire of his Iraqi counterpart to benefit from the expertise of the Foundation in the fields of training and transfer of knowledge to colleagues in brotherly Iraq in a number of different areas in the Institute of Finance of the Monetary Foundation, and agreed to communicate continuously to identify mechanisms of cooperation in this area.

The visit comes as part of several visits and bilateral meetings between the officials of both countries as a culmination of the strategic relations process, and paved the way for new horizons of joint and fruitful cooperation between the two countries.

The meeting was attended by the Deputy Governor of the Saudi Arabian Monetary Agency for Research and International Affairs, Dr. Fahad bin Ibrahim Al-Shathri, and a number of officials of the Foundation, while attended by Iraqi Ambassador to Riyadh Dr. Rushdi Al-Ani, Executive Director of the Association of Iraqi Banks and a delegation of officials of the Central Bank of Iraq, And senior banking officials in Iraq.

Government of Kurdistan announces the dispatch of 3 committees to Baghdad to prevent the passage of the budget

Thursday 14 December 2017 09:56 am
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BAGHDAD / The Kurdistan Regional Government announced on Thursday the upcoming visit to the Committee on Natural Resources, Industry and Energy and the Committee on Finance and Investment and the Committee on Legal Affairs in the Parliament of Kurdistan to Baghdad to try to “prevent” the passage of the draft financial budget for 2018, pointing to the formation of a joint high- Parliament and the Government of the Territory to exchange information and find appropriate solutions to problems.

The government said in a statement seen by “Iraq News”, that “the Prime Minister of the Kurdistan region, Najran Barzani and Deputy Prime Minister Kibad Talabani and a delegation of government accompanying them met in the parliament of Kurdistan with the Deputy Speaker of Parliament Jaafar Iminki and Secretary of the Parliament Becker Talabani and the presence of the Committee on Natural Resources, Finance and investment and the Committee of Legal Affairs in the Parliament of Kurdistan, which includes representatives of the parliamentary blocs. “

The statement added that “the meeting discussed the options available to the government and how to deal with the financial situation of 2018, relying on the federal government or on the revenues of the Kurdistan region, the percentage of the Kurdistan region of the draft law of the general budget of Iraq, the federal revenue and production of oil in the region, The restoration of loans, the face of corruption, the reform process and ensure more transparency in the field of public revenue, especially oil and gas imports, the formulation of the mechanism required to launch the Kurdistan Fund for oil imports work and organize efforts to defend the constitutional rights of the Kurdistan region.

The statement stressed that “the two sides stressed the cooperation and coordination between the government and the Kurdistan Parliament to overcome the current situation and agreed that the insurance of salaries of employees is the priority for the work of the government and parliament, and that the reform process necessary and important, especially in the sector of public jobs and salaries and retirement, To bring a joint reform project to the parliament. “

The statement said that “it was decided at the meeting that the three parliamentary committees to visit their counterparts in the federal parliament to try to prevent the passage of the draft budget law for the year 2018, which was reduced the share of the Kurdistan region, and decided to form a joint high committee between Parliament and the Kurdistan Regional Government for the exchange of information Diagnose deficiencies and find appropriate solutions to problems. “

It is noteworthy that the Kurdistan Regional Government considered, Monday (November 6, 2017), that the draft budget law 2018 aims to “marginalize the constitutional entity” of the region, while indicated that 12.6% “not enough to pay the salaries of one province” in the region. Finished 2

US policy urges Baghdad and Erbil to discuss political – military “as soon as”

US urges Baghdad and Arbil to discuss political - military "as soon as"
 Twilight News    
 18 minutes ago

The US State Department said it was in talks with the Iraqi government as well as with the Kurds, explaining that it enjoys good relations with both parties.
The US State Department said on its website that it continues to encourage the governments of Erbil province, capital of the Kurdistan Region of Iraq and the Iraqi government to sit and conduct a better dialogue.
And called on the parties to hold talks between the military parties of the two governments as soon as possible.
The Kurdistan Regional Government of Iraq welcomed the invitation of the Iraqi Prime Minister, Haider Abadi, to conduct a dialogue between Baghdad and Erbil to address the problems according to the Constitution, calling on the international community to support this initiative.
US State Department spokeswoman Heather Neuert revealed in a press briefing that an Iraqi official described the bomber as visiting the US State Department last week and met with the minister’s adviser in order to continue the dialogues between Erbil and Baghdad.

On the occasion of the great victory over the preacher of the terrorist .. Launch of a military parade on the left side of Mosul

14-12-2017 12:59 PM


Baghdad News –

Nineveh police chief Brigadier General Wathiq al-Hamdani announced on Thursday the launch of a military parade on the left side of Mosul on the occasion of the great victory over the organization of a supporter of the terrorist.

Al-Hamdani said in a press statement that ‘the Ninewa police department organized a military parade in the podium area on the left side of Mosul on the occasion of the Great Victory Day to organize the calling of the terrorist and the liberation of all Iraqi territory from the force of criminal appeal.’

“The review was attended by many local officials and military commanders in the province,” Hamdani said.

Abadi: We are in a new phase after the completion of a military call

– 12/13/2017 7:25:00 AM

40 Number of readings

Khandan –

Prime Minister Haidar al-Abadi, the third session of the Supreme Council for Population in the presence of a number of ministers concerned.

“We are in a new stage after the completion of a military call, and we have to give hope to the citizen by advancing the work and giving the priorities that he needs, and not only by numerical statistics, but by working on sustainable and human development and creating a good environment for the citizen,” Abadi said in a statement issued by his media office. “He said.

Abadi said, “the priority of the government in the return of displaced persons and advised them to return to their homes and cities better than to stay in the camps.”

Abadi “listened to the comments of the ministers and briefed on the national document on population policies prepared by the Supervisory Committee to draw a promising population policy in Iraq over the coming years.”

A meeting on reconciliation in Najaf: UNAMI urges Iraqis to build a better future

Local Since 2017-12-13 at 22:56 (Baghdad time)

Baghdad Mawazine News

The United Nations said at a conference on national reconciliation in Najaf on Wednesday that Iraq’s victory over the terrorists is an opportunity for the country to get rid of the painful past and move confidently on the road to peace and development. It urged all Iraqis to seize the momentum and build it to ensure a prosperous future for future generations.

The call came during a dialogue session that brought together tribal, religious, academic, political and active parties in civil society from the provinces of Najaf and Diwaniyah to learn about the views of Iraqis from all over the country  and to address the challenges  facing Iraqi national reconciliation in a post-urgent period.

This is the sixth and final dialogue session of a series of similar meetings held in different regions of Iraq entitled “National reconciliation: prospects and challenges” since September. The recommendations of these meetings will strengthen the process that will lead to a comprehensive national settlement that moves Iraq into the future after years of conflict and divisions. The meetings were jointly organized by the United Nations Assistance Mission for Iraq (UNAMI) and the Follow-up and Implementation of National Reconciliation Committee of the Prime Minister’s Office and financed by the Governments of Germany and the Netherlands.

The representative of the Committee for the Implementation and Follow-up of National Reconciliation in the Office of the Prime Minister, Mr. Ali Abbas, opened the meeting in Najaf by presenting an overview of the national reconciliation document, which he explained constitutes the basis for national reconciliation.

“There is no alternative to compromise or reconciliation, it is a necessity, there is no choice but to instability, insecurity and development,” he said.

The discussion of a national settlement must involve all components and categories and be open to ideas and proposals, provided that they were all in conformity with the Constitution.

In her speech to the participants, 68 men and 28 women from the provinces of Najaf and Diwaniyah, Deputy Special Representative of the Secretary-General for Iraq for Political and Electoral Affairs Ms. Alice Wolbol pointed to the importance of Najaf in reconciliation, describing this city as known in a spirit of tolerance  and acceptance of the other.

Ms. Welbol said a daunting defeat offered the opportunity to move the path towards lasting peace so that the country could concentrate all its energies and resources on reconstruction.

“Reconciliation is a long process, and we must work together to develop a clear vision for a better future for Iraq,” the Deputy Special Representative stressed. “We believe that all Iraqis need to take advantage of this momentum and build a foundation for peaceful coexistence,” she said.

Participants highlighted post-conflict challenges in terms of national reconciliation. Opinions ranged from the diagnosis of the ills in the country, ways to proceed with them, calls to fight corruption, ensure justice, hold perpetrators accountable, enact political reforms and work for economic development.

They called for strong United Nations involvement in political and development areas, including elections and education, as well as capacity-building, noting the experience of the United Nations in other countries and  how to apply  it in Iraq.

Ms. Wolbol stressed that the United Nations is committed to helping the Iraqi government and people overcome many challenges.

I am confident that Iraq, through the concerted efforts of its leaders, its political forces and its people, with all its ethnic and religious components and patriotism, and with the continued support of the international community, will be able to overcome the challenges of the post-conflict phase, “said the Deputy Special Representative. Urging and building a better future. ”

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