Monthly Archives: March 2011
Exit From the Neck of the Economy
| March 31, 2011 | Filled under All Dinar Trade Articles |
Obeida Naimi- still the national currency of Iraq (Dinar) at a standstill, and we believe it is just the demise of the economic embargo imposed on Iraq for 12 years, the (dinar) will restore its health, if not the one from three dollars, Frosa head, it is true that the improvement slightly emerged after changing the political system, and the issuance…
Iraq’s Mortgage Bank Raises Personal Credit for House Building by Each Citizen to 60 Million Iraqi Dinars
| March 31, 2011 | Filled under All Dinar Trade Articles |
BAGHDAD – Iraq’s Mortgage Bank has decided to raise the personal credit, granted for any citizen planning to build a house, to 60 million Iraqi dinars (US$53,000 approx), the Bank’s Director-General, Hussein Ahmed Tu’ma said on Wednesday. “The Mortgage Bank has laid plans to activate the process of crediting, through raising the credit to double, i.e., from 30 million dinars to…
Central Bank: The Financial Markets Enhance the Country’s Economy, Capitalism
| March 30, 2011 | Filled under All Dinar Trade Articles |
Baghdad, The Central Bank of Iraq on Tuesday that the opening of stock markets in the provinces will enhance the capital of Iraq. The central bank adviser said the appearance of Mohammed Saleh told the Kurdish news agency (Rn) that “capitalism Iraq rises the more the government’s efforts at the opening of financial markets in the provinces because they contribute to…
EPA Set To Increase Radioactive Release Guidelines
| March 30, 2011 | Filled under All Dinar Trade Articles |
Group warns EPA ready to increase radioactive release guidelines The EPA is preparing to dramatically increase permissible radioactive releases in drinking water, food and soil after “radiological incidents,” according to Public Employees for Environmental Responsibility. What is termed a guidance that EPA is considering – as opposed to a regulation – does not require public airing before it’s decided…
Radioactive Iodine-131 in Pennsylvania Rainwater Sample is 3300% Above Federal Drinking Water Standard
| March 30, 2011 | Filled under All Dinar Trade Articles |
Governor Corbett Says Public Water Supply Testing Finds No Risk to Public From Radioactivity Found in Rainwater, Pennsylvania Office of the Governor, March 28, 2011: The [Iodine-131] numbers reported in the rainwater samples in Pennsylvania range from 40-100 picocuries per liter (pCi/L). Although these are levels above the background levels historically reported in these areas, they are still about 25 times…
Turkey Central to Major Baghdad Development Projects Says Provincial Council
| March 29, 2011 | Filled under All Dinar Trade Articles |
Baghdad, (AKnews) – A spokesman for Baghdad provincial council’s investment committee said on Tuesday that Turkish investment companies will play a leading role in a number of major state and private sector development projects in the Iraqi capital. The Turkish Prime Minister Recep Teyyip Erdogan arrived in Baghdad on Monday afternoon at the head of a delegation of ministers and businessmen,…
Iraq Oil ~ Output At Iraq S Oil Fields Rising As Oil Deals Kick In
| March 29, 2011 | Filled under All Dinar Trade Articles |
BASRA, Iraq (Dow Jones)–International oil firms that won mega-projects in southern Iraq expect to boost the country’s crude oil output capacity by 600,000 barrels a day by the end of the year. “If things go as planned we will be reaching around 2.5 million barrels a day from southern oil fields alone by the end of this year,” Dhiaa Jaafar, director-general…
Buoyed by Oil, a Semblance of Stability in Iraq
| March 29, 2011 | Filled under All Dinar Trade Articles |
As upheaval and political instability sweep across the Middle East, Iraq has quietly consolidated recent security gains against a backdrop of economic progress. As the recent rise of oil prices worldwide coincided with a petroleum industry that has reached its production targets, Iraq is now emerging from its civil wars and sectarian uncertainty with a new outlook and better prospects for…
Caterpillar Wins Iraq Contract
| March 29, 2011 | Filled under All Dinar Trade Articles |
Iraq has signed various contracts worth $6.25 million with Caterpillar Inc. (CAT – Analyst Report) and other companies to build power plants to augment its electricity output. Apart from Caterpillar, other companies involved in the same venture include Man SE (MAN) of Germany and a South Korean company. Munich based Man SE is an engineering company and also serves the…
Iraqi President’s Son: U.S. Must Continue to Support Iraq
| March 28, 2011 | Filled under All Dinar Trade Articles |
Even as it works to withdraw its troops from Iraq, America must remain a committed force in the Middle East, Qubad Talabani, the son of the Iraqi president, said in Palm Beach County on Thursday night. “America must not just leave the Middle East,” he said, speaking at a World Affairs Council event at the Palm Beach County Convention Center. “Its…
Iraq Hopes Erdogan Visit Will Boost Economic Ties
| March 28, 2011 | Filled under All Dinar Trade Articles |
BAGHDAD (AFP) – Turkish Prime Minister Recep Tayyip Erdogan received a red carpet welcome in Baghdad on Monday, on a visit Iraq hopes will boost trade and overcome differences over a decades-old Kurdish insurgency. Erdogan, who arrived with Foreign Minister Ahmet Davutoglu and a delegation of several dozen businessmen, was received on his second visit to Baghdad since October 2009 by…
Iraq’s Oil Minister Claims It Can Be Globe’s Largest Oil Producer
| March 28, 2011 | Filled under All Dinar Trade Articles |
Iraq’s oil minister believes his nation can produce 10-12 million barrels of oil a day sometime in the next 5 to 10 years. That would be 5 times the 2.2 million barrels Iraq is producing at present. Those 10-12 million barrels represent more oil than either of the two largest oil producers today– Russia and Saudi Arabia.– can accomplish. Iraq sits…
Iraq Strives Enhancing Banking System
| March 28, 2011 | Filled under All Dinar Trade Articles |
Baghdad – The opinions of a number of Iraqi economists varied about the demands of the Iraqi Central Bank (ICB) to facilitate granting licenses to establish private banks in the country, especially with regard to the reduction of capital. Ali Kah Gih, the economist and the head of the Iraqi market center told AKnews that the economic situation in Iraq needs…
Iraq’s Regional Awakening
| March 27, 2011 | Filled under All Dinar Trade Articles |
After eight years of looking only inward, Iraq is finally looking beyond its borders. Iraq has so far endorsed the changes in Tunisia and Egypt, but speaking up only after the change in government in Tunisia and offering only rhetorical support to the Egyptian demonstrations eight days before Mubarak stepped down. In a surprising contrast, it had a more active reaction…
Iraq: Variation in the Economic Visions on the Reduction of Capital Grant Licenses to Private Banks
| March 27, 2011 | Filled under All Dinar Trade Articles |
Baghdad, (Rn) – varied visions of a number of economists claim the Iraqis about the central bank controls to facilitate the granting of licenses to establish private banks in the country, especially with regard to the reduction of capital. The economist said Center President and the Iraqi market to ke LG Kurdistan News Agency (Rn) that “the economic situation in Iraq…
National Council for Strategic Studies Expected to be Abolished
| March 27, 2011 | Filled under All Dinar Trade Articles |
BAGHDAD / Aswat al-Iraq – The National Council for Strategic Policies (ICSP) is expected to be abolished after al-Iraqiya Coalition’s concession, Legislature from the National Coalition, Batoul Farouq said on Saturday. “The ICSP had been proposed by al-Iraqiya Coalition, but when it had announced its concession, this means that things would go into this direction, and I don’t think the National…
OPEC Members Bicker on Output Hike
| March 26, 2011 | Filled under All Dinar Trade Articles |
Credibility of the Organisation of Petroleum Exporting Countries (OPEC) is at risk while oil prices may collapse if members of the group unilaterally decide to increase output, Iran has warned on Wednesday. Iran’s oil minister and governor to OPEC, Mohammad Ali Khatibi said this as disagreement continued among members on measures to mitigate the skyrocketing oil prices. The commodity’s…
Iraq Ministerial Issue May Push Back U.S. Pullout
| March 26, 2011 | Filled under All Dinar Trade Articles |
Baghdad, (AKnews) – A member of the Iraqi parliament revealed on Thursday about the presence of U.S. complain as a result of the delay of the Prime Minister Nouri al-Maliki and the political blocs to name the security ministers, indicating that the delay would hinder the process of U.S. withdrawal from Iraq. MP Mahmoud Othman told AKnews that the United States…
Iraqi Banks Offering Visa Card
| March 26, 2011 | Filled under All Dinar Trade Articles |
Baghdad (news) / report a description of Tai / .. called specialists, economists for the activation of the Iraqi banks by offering (Visa card, and Recognizing Kart), which are still very few in Iraq, which help to increase investment and promote economic reality, which would enhance the trade exchange between the Iraqi and international markets in addition to the necessary steps…
Iraqi Parliament to Regulate Banking System
| March 26, 2011 | Filled under All Dinar Trade Articles |
Baghdad – The Economic Commission in the Iraqi parliament said Sunday that it plans to legislate a law to organize the work of government and private banks in the country. Abdul Hussein Abtan, the member of the commission told AKnews that the law will also provide legislature cover for the banks to develop their financial work in the country without affecting…
The First Conference of Basra; Establishing a Market for Financial Securities
| March 25, 2011 | Filled under All Dinar Trade Articles |
Basra, (Rn) – held in the governorate of Basra, the first conference to establish a market Basra Stock Exchange to support and develop the Iraqi economy and boost investor confidence globally in financial markets of Iraq and the strengthening of financial ties and increased trading the local, Arab and global levels. The Managing Director of the Iraq market for financial pro…
Experts Agree That Poor Management and Privatization Are the Most Prominent Problems of the Iraqi Economy
| March 25, 2011 | Filled under All Dinar Trade Articles |
Baghdad, (Rn) – the entire Iraqi economy experts that the problem of the Iraqi economy is poor economic management of the state relying on the oil sector in its financial resources, as well as the adoption of privatization in solving most of the economic problems in the country. The economist and former minister of planning Mehdi al-Hafez, the problem of the…
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