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Under the direction of sustainable development Baghdad-Farah pumice In line with the objectives to create sound banking legislation and regulations, to provide the appropriate environment for the banking industry, the Economist stressed the need to apply banking reform strategy prepared by the parliamentary Finance Committee at the previous session of Parliament. This Committee has developed […]

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Baghdad-Hussein thghb Al-Tamimi The General Assembly of the Association of private banks in Iraq approved to amend the rules of procedure of the Association during the extraordinary meeting with the presence of a majority of the banks. Subsequent elections to the new governing body of the Association in the presence of the retired judge Saleh […]

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Baghdad Yasser Metwally The Central Bank seeks to adopt advanced methods in banking systems and balanced steps for the introduction of modern technology through the implementation of the infrastructure project of the system of payments in Iraq. The measures announced recently computerized central operations and settlement of payment orders between government institutions, banking online payment […]

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DALLAS, TX–(Marketwired – July 23, 2014) – Provident Metals has announced today that it will soon accept cryptocurrencies as a form of payment. Beginning August 25th, the online precious metals dealer will accept Bitcoin, Dogecoin and Litecoin for payment on all gold and silver bullion and other products featured at ProvidentMetals.com. Bitcoin, Dogecoin and Litecoin […]

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HA NOI (VNS) — The US Senate Committee on Foreign Relations on July 22 approved the US – Viet Nam agreement on civilian nuclear cooperation. Signed by US Secretary of State John Kerry and Foreign Minister Pham Binh Minh on the sidelines of the East Asia Summit in Brunei in October 2013, the agreement was […]

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The Central Bank of Myanmar (CBM) has authorised 25 foreign banks, including one from Vietnam, to offer a wide range of domestic and cross-border collection and payment services to foreign investors in Myanmar. Mizzima News said 25 banks are affected by the new regulations, including one each from Vietnam, China, India, Mauritius, Australia and France, […]

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The Ho Chi Minh City Management Authority for Urban Railways and Japanese consortium contractor Shimizu-Meada on July 21 signed a contract (bidding package 1B) to build two metro stations in HCM City. The JPY23.7 billion contract is part of the metro route No. 1 project connecting Ben Thanh Market with Suoi Tien Theme Park. Two […]

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Iraqi Oil Minister disclosed receiving two drones, out of ten, to protect oil installations. He added that contract was signed with the Chinese PetroChina oil company, which shall contain high density cameras. Special administrative base was allocated for these drone in Basra, the minister reported. This is the first time that Iraq uses drones for […]

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Alsumaria News / Baghdad Chief executive of the largest aircraft manufacturer in South Korea,said Wednesday, that his company is trying to complete a deal to build a new airport in the south of Iraq, noting that the cost of the project, ranging from 600 to 700 million dollars. The head of the “Korean company for […]

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Start pumping crude oil to fill the reservoirs in Badra oil field

July 23, 2014

Alsumaria News / Baghdad The Oil Ministry announced, Wednesday, the start of operations pumping oil to fill the reservoirs within the CPU in the Badra oil field, noting that the current production from the field is more than 15,000 barrels per day. A spokesman for the Oil Ministry, Assem Jihad, said in a statement received […]

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