// // // ]]> Central Bank of Iraq announced that it revaluated Iraqi Dinar 3.4% in exchange with Dollar. This decision will affect the exchange rate of Iraqi Dinar against US dollar in Iraqi markets, Central Bank stressed. “During his daily auction of foreign currencies’ exchange, Central Bank raised the value of Iraqi dinar [...]
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// // // ]]> Baghdad, (Rn) – The Office of the Deputy Prime Minister Hussein al-Shahristani said the Czech companies expressed their desire to establish four oil refineries in Iraq. A spokesman for the Office of Faisal Abdullah Al-Shahristani, told the Kurdish news agency (Rn) that “the Czech companies expressed interest in building four [...]
Tags: Ahmed Chandler, Ahmed Karbouli, Czech Show the Establishment of Four Refineries in Iraq, Deputy Prime Minister Hussein al-Shahristani, Four Refineries in Iraq, Iraq, Iraqi businessmen, Refineries in Iraq, Saadoun al-Dulaimi
// // // ]]> ERBIL, Iraqi Kurdistan – Over the past several years, the right to manage oil and gas deals has been a major dispute between Baghdad and the semi-autonomous Kurdistan Region which aspires to become a major global energy source with its massive oil and gas fields. Because Iraqi officials and political [...]
Tags: ExxonMobil, Fuad Hussein, Hussein Shahristani, Iraqi Kurdistan, Iraqi Ministry of Oil, Kurdish Authorities Confident About Region's Oil Sector, Kurdistan Region, Kurdistan's oil, Masoud Barzani, Prime Minister Nuri Maliki
// // // ]]> Baghdad, Member of the parliamentary Finance Committee, Ibrahim Al Mutlag, announced finding half of the $7 billion, 8 trillion dinars, that were missing. They were paid incorrectly to the Ministries of Interior and Education. He told NINA “after the allocation of 2011 budget, amounts were taken from the 2012 budget [...]
Tags: 2 trillion dinars, 2012 budget, 5.1 trillion dinars, 8 Trillion Dinars, Ibrahim Al Mutlag, Iraq Dinar Trade, Iraqi Dinar, Iraqi Dinars, MOI, Trillion Dinars
// // // ]]> Patriotic Union of Kurdistan (PUK) announced that its Secretary-General President Jalal Talabani will return to the country this week after a successful surgery in Germany. Chairman of the Central Council of the party just Murat explained that Talabani would continue its work and particularly the success of the National Congress has [...]
Tags: Jalal Talabani, President Jalal Talabani, President Talabani, Talabani, Talabani Will Return to the Country This Week After a Successful Surgery in Germany
// // // ]]> Baghdad, A member of the Finance Committee MP Haitham Jubouri that the process of removing zeros from the currency needs to be two and three stages. He explained in a press statement: “The stages of the deletion of zeros from the currency, divided into three phases, first phase, lasting six [...]
Tags: Central Bank, Delete the Zeros from the Currency Needs to be Two and Three Stages, Deletion of zeros, Haitham Jubouri, Iraq, Iraq Dinar Trade, Iraqi Dinar, Iraqi Dinars, removing zeros
// // // ]]> Bagdhdad native Zaha Hadid has landed on the shortlist to construct a new $1 billion building for the Iraqi Parliament in the city of her birth, and is now busy at work on its design. Does that mean we can expect a new deconstructivist Iraq? Since 2010, Hadid has already [...]
Tags: Al Muthana Airport, Buro Happold, Central Bank of Iraq, Davis Langdon, Dewan Architects & Engineers, Iraq, Zaha Hadid, Zaha Hadid Lands on Shortlist to Design Iraq's $1 Billion Parliament Building
// // // ]]> The Iraqi Embassy in Washington DC dealt with nearly 5,000 applications from American companies hoping to do business in Iraq last year, a 70% jump from 2010, according to an article from Chicago Business. Among the companies mentioned are the Schaumburg, Illinois-based manufacturer Quality Float Works Inc., which mades devices [...]
Tags: 70% Jump in US Companies Considering Iraq, Iraq, Iraqi Embassy in Washington DC, Navistar International, Quality Float Works Inc., Schaumburg
// // // ]]> The World Bank praised Iraq‘s accession to the International Initiative for transparency in the extractive industries, with parliamentary sources informed that the International Monetary Fund called for the House of Representatives not to enact laws that tied for the Iraqi economy which seeks to integrate with the global economies. The [...]
Tags: Central Bank, Finance Committee MP Najiba Najib, International Monetary Fund, Iraq, Iraqi Economy, Mary Helen, Osama Najafi, Unemployment in Iraq, World Bank, World Bank in Iraq
// // // ]]> BAGHDAD / Nina / signed by the parliamentary Finance Committee Haitham Jubouri currency to be replaced by deleting three zeros from the end of 2013. He said in a statement to the Agency for National Iraqi News / Nina / Today: “The process of replacing the currency will be three [...]
Tags: CBI, Central Bank, Delete the Zeros, deleting three zeros, Haitham al-Jubouri is Expected to Delete the Zeros of the Iraqi Dinar End of 2013, Iraqi Central Bank, Iraqi currency, Iraqi Dinar, Iraqi Dinars, Mohammed Saleh
// // // ]]> BASRA / Aswat al-Iraq: Basra’s Investment Commission announced that the granting of about 30 investment licenses in 2011 with a total cost of 1.101 billion Iraqi dinars. The head of the Commission Khalaf al-Badran disclosed that many foreign countries submitted offers to invest in the province, including companies from the [...]
Tags: 1.101 billion Iraqi dinars, 30 Investment Licenses Granted in Basra, Basra's Investment Commission, Billion Iraqi dinars, Iraq Dinar Trade, Iraqi Dinar, Iraqi Dinars, Khalaf al-Badran
// // // ]]> Baghdad, Central Bank announced that the budget deficit in 2012 is 20 trillion dinars, or 10% of GDP, confirming that the budget deficit by default and can be treated through the stabilization of world oil prices remain above the $104. The deputy governor of the Central Bank of the appearance [...]
Tags: 20 trillion dinars, Central Bank, Central Bank: 20 Trillion Dinars Budget Deficit in 2012, IMF, Iraq, Mohammed Saleh, Trillion Dinars
// // // ]]> BAGHDAD — Iraq‘s income from oil sales jumped by nearly 60 percent in 2011 compared to the previous year on the back of higher crude prices and increased exports, oil ministry figures published on Monday showed. Total exports of oil increased 15 percent to 790.5 million barrels of oil, or [...]
Tags: Iraq, Iraq Oil Income in 2011 Leaps by 60 Percent, Iraq's income from oil, Iraq's income from oil sales
// // // ]]> Baghdad – and babysit – Minister of Construction and Housing Mohammed Darraji that the General Authority for Roads and bridges concrete has set up three bridges in addition to the maintenance of a number of roads and bridges in the province of Salah al-Din a total cost of 34 billion dinars. [...]
Tags: 34 Billion Dinars, 455 million dinars, 770 million dinars, Billion Dinars, Bridge Project Baaja, Bridge Project Samarra, Iraq Dinar Trade, Iraqi Dinar, Iraqi Dinars, Mohammed Darraji
// // // ]]> PRweek reports that the Iraqi unit of Kuwaiti telecoms company Zain has hired PR agency support in advance of its listing on the Iraq Stock Exchange. The firm has been planning an initial public offering (IPO) in Iraq since the summer and has asked London-based M:Communications to support communications relating [...]
Tags: AsiaCell, FTI Consulting, Iraq, Iraq Stock Exchange, M:Communications, M:Communications to Support Zain IPO, Zain
// // // ]]> Iraqi Housing and Rehabilitation Minister Mohammad Darraji has urged Jordanian construction firms and contractors to establish a foothold in Iraq, saying Jordanians have a real opportunity for contributing to Iraq‘s huge rebuilding projects for which the government has allocated $40 billion in 2012. Darraji made the remarks during a meeting [...]
Tags: 40 Billion Iraqi Reconstruction Plan, Al-Deema, Hussain Al Shahristani, Iraqi Housing and Rehabilitation Minister, Jordan Contractors Invited to Join $40 Billion Iraqi Reconstruction Plan, Mohammad Darraji, Oil Minister Abdul Kareem al-Luaibi, Yahia Al-Kasbi
// // // ]]> Invited to benefit from the observations the World Bank on it BAGHDAD – Yasser Mutawalli Said a specialist in the capital market and a strong economic relations between the aspects of cash and securities markets as a result overlaps the big decisions taken by the monetary authority, including an [...]
Tags: Abdul Razzaq Saadi, Central Bank, IMF, Iraq, Saadi: The Financial Sector Needs to Support the Central Bank
// // // ]]> Khandan – said Deputy Prime Minister and Foreign Minister of Kuwait Sheikh Sabah Khaled Al-Sabah said his country is keen to develop what he called a road map to help Iraq to complete the implementation of Security Council resolutions, and pointed to Kuwait’s readiness to stand with Iraq and assist in [...]
Tags: Iraq, Iraqi Farmers, Kuwait Fund for Arab Economic Development, Kuwaiti Proposal to Invest Part of the Compensation in Iraq, Prime Minister Nuri al-Maliki, Security Council Resolution 833, Sheikh Sabah, Sheikh Sabah Khaled Al-Sabah
// // // ]]> BAGHDAD (Iba) … announced the Ministry of Oil for the operation of the project for increasing the export capacity of the southern ports later this month. According to a ministry statement said the minister, Abdul Karim and coffee chaired a special meeting project increase the export capacity of the southern [...]
Tags: Abdul Karim, Ahmed Chandler, FAO, Foster Wheeler, Iraq, Iraqi Ports, Jafar, Ministry of Oil, Rumaila fields, Southern Oil Company
// // // ]]> Baghdad, instructed the Iraqi government, the Ministry of Finance and Central Bank of Iraq to liquidate one’s oil for food and medicine in the form completely, and prepare for the cap ends after the registration of commercial claims trade creditors, which was considered one adviser Cabinet Hassan Akif b Almthinin for [...]
Tags: Central Bank, Central Bank of Iraq, Deputy Prime Minister Ruz Nuri Shawis, Hassan Akef, Iraq is Close to Ending the File on the Oil for Food Fund, Iraq’s money, Iraqi fund, Iraqi funds, Mohammed Saleh, Oil for food
// // // ]]> Western companies controlled almost entirely on the Iraqi oil market. Western producers have emerged as the biggest beneficiaries of the oil from the Iraq war. She analyzed the economic Antwena Juhasz: Prior to the occupation in 2003, the Western companies is able to enter Iraq, but after the occupation controlled [...]
Tags: Antwena Juhasz, BP, Dr Abdul Hai Yahya Salloum, Exxon Mobil, Iraq, Iraqi oil, Iraqi oil market, Iraqi People, Obama Administration, oil and gas law, Shell
// // // ]]> BAGHDAD – Al Sabah Chamber of Deputies passed eight laws, notably provisions for nomination for President of the Republic and the Redemption Fund money Iraq and compensations and reward faculty members and education. In the fifteenth meeting, held under the chairmanship of Osama Najafi, Chairman of the House of [...]
Tags: Adoption of the Fund Act to Recover Iraq's Money, Iraq, Iraq's money, Redemption Fund money Iraq, Republic of Iraq
// // // ]]> Baghdad, Chairman of the General Economy Bank Husam Obeid on the importance of removing Iraq from Chapter VII as a grant to the Iraqi banks to deal with the international banks. Obaid said in a statement to the Agency (news) on Saturday: that Iraq is still bound in the seventh [...]
Tags: Chapter VII, Husam Obeid, Iraq, Iraq Bank, Iraq Banks, Iraqi Economy
// // // ]]> Iraqi authorities plan to install about 250,000 surveillance cameras in Baghdad in an attempt to reduce insurgent attacks in the capital, according to Aknews. The Chairman of the the Security Committee of Baghdad’s provincial council, Abdul Karim al-Tharb, told AKnews that the council has allocated about 10 billion Iraqi dinars [...]
Tags: 10 billion Iraqi dinars, Abdul Karim al-Tharb, Billion Iraqi dinars, Iraq Dinar Trade, Iraq to Use Chinese Surveillance Systems, Iraqi Dinar, Iraqi Dinars, Prime Minister Nouri al-Maliki
// // // ]]> Baghdad, Central Bank of Iraq said raising the price of the Iraqi dinar against the dollar by 3.4%, confirming that the decision would affect the exchange rate of the dinar against the U.S. dollar in the Iraqi market. The deputy governor of the Central Bank of the appearance of Mohammed [...]
Tags: CBI, Central Bank, Central Bank of Iraq, Iraq Dinar Trade, Iraqi Central Bank, Iraqi Dinar, Iraqi Dinars, Iraqi market, Mohammed Saleh, The Central Bank Raise the Price of the Iraqi Dinar Against the Dollar
// // // ]]> Baghdad, Iraq urged Iran not to close the strategic Strait of Hormuz, where most oil exports from the Gulf to the West pass, arguing that exporters have an interest in a stable world economy. Iran is threatening to shut down the strait over stepped-up Western sanctions on its nuclear program, but [...]
Tags: Iranian oil exports, Iraq, Iraq Urges Iran to Keep its Oil Flowing Through Gulf Waterway, Iraqi Economy, Iraqi Oil Minister Abdul-Karim Elaibi, oil export, Oil Exports, OPEC, Strait of Hormuz
// // // ]]> UNITED NATIONS, UN Security Council got an update from the UN Secretariat on Iraq’s compliance with its Compensation Fund and disarmament obligations. “There is no change as a result of the consultations. It was a quick update, ” British Deputy Permanent Representative Philip J. Parham told KUNA following the closed-door [...]
Tags: Development Fund for Iraq, Iraq, Iraqi oil, Iraqi oil export revenues, Iraqi oil sales, KUNA, Secretary General Ban Ki-moon, UNSC, UNSC Gets Update on Iraq''s Compliance with Compensation Fund
// // // ]]> Revealed the parliamentary finance committee said that the International Monetary Fund called for in his recent visit to Iraq, the House of Representatives not to enact laws that contribute to undermine the growth of the Iraqi economy, indicating that the legislation of laws increase the operational budget at the expense of [...]
Tags: IMF, IMF Calls for Iraq Not to Enact Laws That Shackle the Economy, International Monetary Fund, Iraq, Iraqi Economy, Najiba Najib, Unemployment in Iraq
