|
Gulf Commercial Bank
Gulf Commercial Bank ( ar, مصرف الخليج التجاري) is an Iraqi commercial bank, headquartered in Baghdad. The bank has 12 branches in Baghdad, Basrah, Najaf, Kerbala, Diwaniyeh, Babylon and Erbil. History Gulf Commercial Bank is a Private Joint Shareholding Company incorporated under the in Corporation Certificate no. CR / 7002 dated 10/20/1999 issued from Companies Registrar according to Companies Law No. (21) for 1997 (amended ) with a capital of (600) million Iraq dinar Fully paid, the Gulf Commercial Bank Started Banking business through the main branch on 1/4/2000 after receiving banking licence issued from Central Bank of Iraq with the Number B.C 9/3/115 dated 02.07.2000 according to its law No. (64) for 1976 ( canceled ) to Bract ice its banking business, the in Corporation contract had been amended by increasing the bank capital several times to finally reach (300,000) billion Iraqi dinar after the legal procedures completed on 07.11.2014 by companies regi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gulf Commercial Bank Limited
PICIC Commercial Bank Limited was a Pakistani bank based in Karachi, Pakistan. Pakistan Industrial Credit and Investment Corporation (PICIC) acquired it as Gulf Commercial Bank Limited in early 2001. The bank was renamed as PICIC Commercial Bank Limited. In 2007, the bank and its operations were merged into NIB Bank. History PICIC Commercial Bank Limited was incorporated in 1993 as Schön Bank Limited and commenced its business on 4 April 1994, with a paid-up capital of PKR 500 Million. In 1997, Al Ahlia Portfolio Securities Company, Sultanate of Oman acquired the major shareholding and changed the bank’s name to Gulf Commercial Bank Limited. In February 2001, the bank’s management again changed when Pakistan Industrial Credit and Investment Corporation acquired 60% controlling shares from Al-Ahlia and changed its name to PICIC Commercial Bank in May 2001. At the time of takeover by PICIC in February 2001, the Bank had only 15 branches. It was the 6th largest bank in the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diwaniyeh
Al Diwaniyah ( ar, ٱلدِّيوَانِيَّة ''ad-Dīwānīyah''), also spelt Diwaniya, is the capital city of Iraq's Al-Qādisiyyah Governorate. In 2002 the population was estimated at 440,927. Overview The area around Al Diwaniyah, which is well irrigated from the nearby Euphrates river, is often considered to be one on the most fertile parts of Iraq, and is heavily cultivated. The town is located on the main rail transport corridor between Baghdad and Basra in south-central Iraq. For birdwatchers, Al-Diwaniyah is a city with a rich bird list, as the city has a wide range of biodiversity. Al-Qadisiyah consists of vast agricultural areas, wetlands, arid zones, and semi-desert areas. The city is the site of a tire manufacturing plant that once provided tires for much of Iraq. The plant is still active as of 2008. Al-Diwaniyah is the headquarters of the Iraqi Army's 8th Division (Iraq). Climate Al Diwaniyah has a hot desert climate (''BWh'') in the Köppen–Geiger clim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2000
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Iraq
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Baghdad
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iraqi Dinar
The Iraqi dinar () (Arabic language, Arabic: دينار; currency sign, sign: ID in Latin alphabet, Latin, د.ع in Arabic script, Arabic; ISO 4217, code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete since 1990. On 26 December 2022, the exchange rate with the US Dollar was US$1 = 1556 dinars. History The Iraqi dinar entered circulation on 1 April 1932, replacing the Indian rupee, which had been the official currency since the Mesopotamian campaign, British occupation of the country in World War I, at a rate of 1 dinar = 11 rupees. The dinar was pegged at par with Pound sterling, sterling until 1959 when, without changing its value, the peg was switched to the United States dollar at the rate of ID 1 = US$2.80. By not following the US devaluations in 1971 and 1973, the official rate rose to US$3.3778, before a 5% devaluation reduced its rate to US$ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Babylon
''Bābili(m)'' * sux, 𒆍𒀭𒊏𒆠 * arc, 𐡁𐡁𐡋 ''Bāḇel'' * syc, ܒܒܠ ''Bāḇel'' * grc-gre, Βαβυλών ''Babylṓn'' * he, בָּבֶל ''Bāvel'' * peo, 𐎲𐎠𐎲𐎡𐎽𐎢 ''Bābiru'' * elx, 𒀸𒁀𒉿𒇷 ''Babili'' *Kassite: ''Karanduniash'', ''Karduniash'' , image = Street in Babylon.jpg , image_size=250px , alt = A partial view of the ruins of Babylon , caption = A partial view of the ruins of Babylon , map_type = Near East#West Asia#Iraq , relief = yes , map_alt = Babylon lies in the center of Iraq , coordinates = , location = Hillah, Babil Governorate, Iraq , region = Mesopotamia , type = Settlement , part_of = Babylonia , length = , width = , area = , height = , builder = , material = , built = , abandoned = , epochs = , cultures = Sumerian, Akkadian, Amorite, Kassite, Assyrian, Chaldean, Achaemenid, Hellenistic, Parthian, Sasanian, Muslim , dependency_of = , occupants = , event = , excavations = , archaeologists = Hormuzd Rassam, Robe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kerbala
Karbala or Kerbala ( ar, كَرْبَلَاء, Karbalāʾ , , also ;) is a city in central Iraq, located about southwest of Baghdad, and a few miles east of Lake Milh, also known as Razzaza Lake. Karbala is the capital of Karbala Governorate, and has an estimated population of 1,218,732 people (2018). The city, best known as the location of the Battle of Karbala in 680 AD, or for the shrines of Husayn ibn Ali and Abbas ibn Ali,Shimoni & Levine, 1974, p. 160.Aghaie, 2004, pp. 10–11. is considered a holy city for Shia Muslims, in the same way as Mecca, Medina and Jerusalem. Tens of millions of Shi'ite Muslims visit the site twice a year, rivaling Mecca and Mashhad by the number of pilgrims annually. The martyrdom of Husayn ibn Ali is commemorated annually by millions of Shi'ites. Up to 8 million pilgrims visit the city to observe '' ʿĀshūrāʾ'' (the tenth day of the month of Muharram), which marks the anniversary of Husayn's death, but the main event is the '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately-held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Najaf
Najaf ( ar, ٱلنَّجَف) or An-Najaf al-Ashraf ( ar, ٱلنَّجَف ٱلْأَشْرَف), also known as Baniqia ( ar, بَانِيقِيَا), is a city in central Iraq about 160 km (100 mi) south of Baghdad. Its estimated population in 2013 was 1,000,000 people. It is the capital of Najaf Governorate. It is widely considered amongst the holiest cities of Shia Islam and one of its spiritual capitals, whilst also remaining the center of Shia political power in Iraq. Name According to Ibn al-Manzur, the word, "najaf" (), literally means a high and rectangular place around which water is accumulated, although the water does not go above its level. Al-Shaykh al-Saduq appeals to a hadith from Imam al-Sadiq (a), claiming that "Najaf" comes from the phrase, "nay jaff" which means "the nay sea has dried" which gradually changed into "Najaf". "Najaf" is usually accompanied with the adjective, "al-Ashraf" (dignified). According to the author of ''al-Hawza al-'ilmiyya f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basrah
Basra ( ar, ٱلْبَصْرَة, al-Baṣrah) is an Iraqi city located on the Shatt al-Arab. It had an estimated population of 1.4 million in 2018. Basra is also Iraq's main port, although it does not have deep water access, which is handled at the port of Umm Qasr. However, there is ongoing constuction of Grand Faw Port on the coast of Basra, which is considered a national project for Iraq and will become one of the largest ports in the world and the largest in the Middle East, in addition, the port will strengthen Iraq’s geopolitical position in the region and the world. Furthermore, Iraq is planning to establish large naval base in the Faw peninsula. Historically, the city is one of the ports from which the fictional Sinbad the Sailor journeyed. The city was built in 636 and has played an important role in Islamic Golden Age. Basra is consistently one of the hottest cities in Iraq, with summer temperatures regularly exceeding . In April 2017, the Iraqi Parliament ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
