Monthly Archives: July 2010
Foster Wheeler Awarded PMC Contract for Iraq Crude Oil Export Expansion Project
| July 31, 2010 | Filled under All Dinar Trade Articles |
Energy Weekly News – Foster Wheeler AG (Nasdaq: FWLT) announced that its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) services contract by South Oil Company (SOC) for the Iraq Crude Oil Export Expansion Project onshore in southern Iraq and offshore in Iraqi waters. SOC is a company under the Ministry of Oil of the Republic…
Iraq’s Union Crackdown is a Return to Days of Saddam
| July 31, 2010 | Filled under All Dinar Trade Articles |
Following the ban on trade unions in the electricity sector, it is time to mobilise support for Iraq’s once-proud labour movement. By Dave Anderson/ guardian.co.uk – The position of trade unions has deteriorated significantly in Iraq. Unions in the electricity sector have been banned in a move that echoes Saddam Hussein’s old ways. The Iraqi police raided and shut down trade…
U.S. Chamber Travels to Iraq to Promote Trade and Investment Partnerships
| July 31, 2010 | Filled under All Dinar Trade Articles |
The FINANCIAL — The U.S. Chamber of Commerce’s Iraq Business Initiative kicks off its one week mission to Iraq this weekend to discuss ongoing and future rebuilding efforts throughout the country. The mission, scheduled to visit Baghdad and Basra, will consist of a series of meetings with Iraqi government officials and potential private sector partners, including business groups and companies from…
Unity Professor Takes Job With Iraqi College
| July 31, 2010 | Filled under All Dinar Trade Articles |
By Richard Robbins/ TRIBUNE-REVIEW – James Harrigan was looking for a challenge. He’s found one. Harrigan, who for six years has taught political science at St. Vincent College in Unity, is on his way to the Middle East for a professorship at the American University of Iraq. On the outskirts of Sulaimaniya, the eastern capital of Iraqi Kurdistan and 160 miles…
Alstom in Iraq Power Plant Deal
| July 30, 2010 | Filled under All Dinar Trade Articles |
French engineering group Alstom signed an initial agreement to build a power plant that could cost up to $ 2 billion in southern Iraq, French Ambassador Boris Boillon said yesterday. A final deal between the Electricity Ministry and Alstom, the maker of power plants and high-speed trains, is expected to be signed before year-end. The plant, near the oil hub of…
Mideast Deserves Better Than ‘Sex and the City’ Sequel
| July 30, 2010 | Filled under All Dinar Trade Articles |
Plethora of Hollywood movies that stereotype Mideast widen gulf between West, Arab world. By Carla Haibi – For fans of Sex and the City – a television series and movie centred on the lives of four single women living in New York City – the summer movie sequel Sex and The City 2 promised fashion, fun, friendships and more. Viewers who…
Iranian Women Splash Money on Makeup
| July 29, 2010 | Filled under All Dinar Trade Articles |
Iranians spend about two billion dollars a year on cosmetics despite Islamic restrictions. By Siavosh Ghazi – TEHRAN– Banned after the 1979 Islamic revolution, cosmetics like lipstick and nail polish have flooded Iran so much in recent years that it is now the Middle East’s second largest beauty products market. Following the revolution, the morality police patrolled the streets, fining or…
Troubled Iraq League Gets August 3 Restart
| July 29, 2010 | Filled under All Dinar Trade Articles |
BAGHDAD (AFP) – Iraq’s national league will restart on August 3, the Iraqi Football Association (IFA) said on Wednesday, after two weeks of political turmoil. The championship was suspended on July 18 after soldiers raided the headquarters of the IFA with an arrest warrant for the organisation’s president and other officials. “The federation decided to start the final pool matches of…
Iraq Signs Electricity Deal With French Firm Alstom
| July 29, 2010 | Filled under All Dinar Trade Articles |
BAGHDAD, (AFP) – French energy infrastructure firm Alstom on Wednesday signed a memorandum of understanding with Iraq to build a power plant in southern Iraq, which is suffering a severe electricity shortfall. It is also set to renovate an existing power plant in the holy Shiite city of Najaf that it built 35 years ago, the French ambassador and the company…
Iraq Film Directors Look to Build ‘Baghdadwood’
| July 28, 2010 | Filled under All Dinar Trade Articles |
Iraq film production remains nascent, but two directors are opening the country’s first film production center in a bid to lure investors and bring native filmmakers back home. By Jane Arraf/ Baghdad – The windows that would catch a breeze off the Tigris River are cracked, the brick floors covered in debris. But as Oday Rasheed wrests off a padlock and…
Iraq is Producing About 400 Tons of Dates That Are Exported to the Outside Markets
| July 28, 2010 | Filled under All Dinar Trade Articles |
BAGHDAD (Iba) – The director general of the palm that Iraq was producing annually up to 350 to 400,000 tons of dates that are exported in part to the outside through the Iraqi company to market and manufacture dates on or through local dealers, noting that part a few of this quantity is on its way to local markets. The full…
Ban on Going to Iraq for Work Likely to be Lifted
| July 27, 2010 | Filled under All Dinar Trade Articles |
The ban imposed by Nepal on its citizens to go to Iraq for employment is likely to be lifted with caretaker Prime Minister Madhav Kumar Nepal directing the officials to take necessary steps to ensure the welfare of Nepalis working in Iraq. PM Nepal and chief secretary Madhav Ghimire held separate discussions with officials from the labour ministry and foreign ministry…
Enhancing Iraqi Women’s Participation in Peace Efforts Focus of UN Forum
| July 26, 2010 | Filled under All Dinar Trade Articles |
Increasing the participation of Iraqi women in conflict resolution and in building a lasting peace were among the issues discussed today at a United Nations-organized forum in Baghdad to highlight the 10th anniversary of a landmark Security Council resolution on the subject. The forum brought together senior UN officials with women advocates, leaders and parliamentarians for the Global Open Day for…
The Lion Died, But Iranian Circus Still Delights Iraqis
| July 24, 2010 | Filled under All Dinar Trade Articles |
Jahan promised it would get a new lion in order to give the audience its money’s worth, at tickets costing 6,000 dinars (approximately four euros/ five dollars) for adults, half price for children. The hapless lion and snake both died in an Iraqi heatwave, but for the jugglers, clowns, fire-eater and other circus performers, the show in ancient Babylon had to…
I See Iraq on Glossy
| July 24, 2010 | Filled under All Dinar Trade Articles |
by Raziqueh Hussain – Iraq’s first lifestyle and culture magazine in English I C Iraq aims to give voices to people yearning to be heard. Touching the Winged Bull of Babylon at the Iraqi National Museum made her ecstatic. She knew about the Winged Bull in school textbooks only. A Ba’ath Party washed out version. The first edition, started in May…
Iraq’s Soccer Election Split Between 2 Cities
| July 24, 2010 | Filled under All Dinar Trade Articles |
By BARBARA SURK and TAREK EL-TABLAWY, Associated Press Writers– BAGHDAD (AP)— Iraqi Football Association members held dueling meetings in two cities to elect a new president Saturday, risking a FIFA ban from international competition due to government interference. The meetings were the latest development in the ongoing drama surrounding who will lead the governing body of the country’s most popular sport.…
Ex-Im Bank Opens for Short-Term and Medium-Term Financing in Iraq
| July 23, 2010 | Filled under All Dinar Trade Articles |
Today the Export-Import Bank of the United States (Ex-Im Bank) opened in Iraq to help finance short-term and medium-term sales of U.S. exports to Iraqi buyers in both the public and private sectors. “Iraq’s economy is growing, offering specific opportunities for U.S. exporters in a variety of industries. Ex-Im Bank can help by reducing the repayment risk, especially for small businesses…
5 US Governors Say Conditions Improving in Iraq
| July 23, 2010 | Filled under All Dinar Trade Articles |
“They’re trying to put together a new government and with that comes some uneasiness, just in that everybody had hoped that it might have happened already,” he said. “But they’re learning.” Five U.S. governors visiting Iraq said Wednesday that conditions have improved, with Missouri Gov. Jay Nixon pronouncing President Barack Obama’s goal of reducing U.S. forces to 50,000 troops by Sept.…
An Elixir of Long Life in Baghdad
| July 23, 2010 | Filled under All Dinar Trade Articles |
A century-old grape juice shop has served rulers, militants and U.S. troops, hanging on even as the world outside has faded. By Ned Parker and Raheem Salman, Los Angeles Times– Reporting from Baghdad — Hadi Abu Ahmed lingers in his grape juice shop in the heart of Baghdad like a man waiting for something dramatic to happen. He smiles, as though…
Rounds in Iraq: Security Much Improved
| July 22, 2010 | Filled under All Dinar Trade Articles |
By Jonathan Ellis– Security in Iraq has improved dramatically during the past two and a half years, and some military personnel will return home sooner than they expected, Gov. Mike Rounds said Wednesday from Iraq. “Anytime we’ve got young people coming home earlier than their deployment was, I think that should make us all feel good,” he said. Rounds was making…
Creation of the First Floating Cage Fish Farming in Wasit
| July 22, 2010 | Filled under All Dinar Trade Articles |
Amir Naji/ Wasit (AP AP) – set up a national eradication Aziziyah 90 km north of Wasit province floating cages for fish to be the first cage floating mine, belonging to the private sector to be established in the province. The General Authority for Fish in the Ministry of Agriculture has already established that the cages to raise fish in the…
How to Avoid Advance Fee Fraud
| July 21, 2010 | Filled under All Dinar Trade Articles |
In a more recent scam someone claiming to be a United States Soldier e-mails you and says they found over $11.5 million U.S. Dollars in a mansion of a militant Iraqi ruler. By Heartland News/ SIKESTON, MO (KFVS) – You could be the next victim of Advance Fee Fraud. By using some common sense you can keep thieves from tricking you…
By Heartland News/ SIKESTON, MO (KFVS) – You could be the next victim of Advance Fee Fraud. By using some common sense you can keep thieves from tricking you into giving them your hard earned cash.
Advance Fee Fraud is simply another name for “Nigerian Scams” or “419 Scams.” It’s called Advanced Fee Fraud because the general idea is to get you to send cash or other items of value up front and getting a promise of large sums of money in return for your cooperation.
Sikeston Police Department put together a list of some common Advance Fee Fraud schemes:
- Fake Lottery Win- You receive an e-mail from an unknown subject who tells you you’ve won a large sum of money, but to receive it you must first pay various fees. You send the money via wire transfer, but never receive your “winnings.”
- Fraudulent Cashier’s Checks- Another common scheme is where the criminal sends you fake or fraudulent cashier’s checks to cash. They tell you to cash the check for them and keep a small portion of the money for your trouble. The rest is sent back to the criminal via wire transfer. A few days go by and the bank will notify you that you cashed a fraudulent check. YOU can now be held civilly or criminally responsible for passing the bad check. The criminal is overseas with the stolen money and is rarely prosecuted.
- U.S. Soldier Recovers Iraqi Money- In a more recent scam someone claiming to be a United States Soldier e-mails you and says they found over $11.5 million U.S. Dollars in a mansion of a militant Iraqi ruler. This “soldier” offers you 15 percent if you allow him to ship the money to your home until he returns to the U.S. but he asks you to send the shipping fees via wire transfer. This particular scam even lists a web address of a BBC news story from 2003 in which some soldiers were questioned for some missing money found in Iraq. This BBC news article is added to help convince you the money is real and to get you to send the shipping fee. You said the money for the shipping and you never get the money.
Here are several easy steps you can take to protect yourself from this type of fraud:
*
*
*
*
*
Related Iraqi Dinar Articles-
Buy New Iraqi Dinars and Put Them in a Drawer
Central Bank: Raise Zeros From the Currency Gurenaf
Recent Comments