Monthly Archives: September 2011
Central Bank: Inflation in Iraq and Domestic and Foreign Policy Able to Reduce
| September 30, 2011 | Filled under Other News |
The Central Bank of Iraq said that inflation in the two-way street outside Iraq because of the high prices in the world and local problems because of the housing sector and the services attached to it, as he emphasized that monetary policy is able to curb the inflation. The deputy governor of Central Bank of Iraq the appearance of Mohammed…
US Gives Away Billions in Assets in Iraq
| September 30, 2011 | Filled under Other News |
The United States Depart of Defense has found a nifty way of cutting costs in planning for the withdrawal of troops from Iraq. Rather than ship home millions of pieces of equipment from Americans bases abroad, the military is simply giving them away. Nearly two-and-a-half million pieces of equipment, estimated at a cost of $250 million, have so far been…
Raise the Value of the Iraqi Dinar ~ Economists: The Process May Produce Positive Effects in Light of Economic Stability
| September 29, 2011 | Filled under All Dinar Trade Articles |
Economists: The process may produce positive effects in light of economic stability Continuing controversy over the deletion of zeros from the currency BAGHDAD – Haider Flaih spring Varied views of a number of experts and specialists in economic affairs in the process of deletion of zeros and replace the Iraqi currency, between a pro her shows split most…
Iraqi Minister: Ban the Entry of Japanese Goods Will Increase After a Few Months
| September 29, 2011 | Filled under Other News |
Najaf, (Rn) – The Iraqi Planning Minister Ali Shukri said that his country’s ban on the entry of Japanese goods on the background radiation leaked by a nuclear plant would raise after less than three months. The Iraqi authorities announced earlier today that a ban on the entry of goods coming from Japan. The ban came after about six…
Top Iraqi Officials Quit Islamic Capital Project
| September 29, 2011 | Filled under Other News |
NAJAF, Iraq — Several senior figures have pulled out of troubled plans for Iraq’s holy Shiite city of Najaf to become the Islamic Capital of Culture for the Arab world next year, officials said. The deputy governor of Najaf province, the chief of the provincial council and the bloc loyal to radical cleric Moqtada al-Sadr, which has its headquarters in…
Iraq’s Private Banks Setting Growth Records, Attracting Foreign Investors
| September 28, 2011 | Filled under All Dinar Trade Articles |
With inflation stabilized, oil production up and government encouragement to become better capitalized, private banks are drawing potential foreign investment partners because they are positioned for success in Iraq’s post-war economy. Baghdad – A resurgent oil economy, projected GDP growth at more than 12 percent and a record level of foreign investment point to signs that the private banking industry…
Iraq is Heading Towards the Method of Financing Projects in a Payment on Credit
| September 28, 2011 | Filled under Other News |
Waiting to provide an opportunity to achieve economic growth Baghdad – Yasser incumbent Moving Iraq toward a method of financing projects in a payment on credit at a time when most international companies showing interest to invest in it. This is funding one of the methods used and applied by many countries of the world, particularly those that aspire…
Yasiri: Iraqi Dinar Mtaav and Internationally Recognized
| September 28, 2011 | Filled under Other News |
Baghdad / Iraqi future Member Finance Committee, the parliamentary deputy Abdul Hussein al-Yasiri, that the Iraqi dinar at this time recovered from what it was in the past and began to deal in abroad, noting that the Central Bank of Iraq has up to (57) billion dollars, that indicates the strength of the economy Iraq. Yasiri said in a…
Iraq Signs Deal to Buy 18 F-16 Warplanes
| September 28, 2011 | Filled under Other News |
BAGHDAD, Iraq has signed a contract to buy 18 Lockheed Martin F-16 warplanes to bolster its air force, an adviser to Prime Minister Nuri al-Maliki said. The value of the deal was not immediately known, but a senior U.S. military official said recently that the offer on the table for the Iraqi government was valued at “roughly $3 billion.” …
Trillion Dinars for the Granting of Mortgage Loans Without Interest
| September 27, 2011 | Filled under Other News |
Baghdad- Parliament approved the Law Housing Fund passed the House on the Law of Housing Fund of Iraq to finance housing projects and the empowerment of the citizen to secure adequate housing for it. confirmed the Chairperson of the Commission services and reconstruction parliamentary Vian intruder at a news conference with members of the committee meeting yesterday that “the importance…
World Bank: Progress in Iraq on Further Financial Reforms
| September 27, 2011 | Filled under Other News |
World Bank: Progress in Iraq on Further Financial Reforms BAGHDAD- Acknowledged experts and specialists in the economic world that monetary policy in Iraq is still unstable and suffer from the reluctance in many aspects, as hinted that the specialists of the financial sector in the country is the most prominent barriers to achieve higher rates of sustainable growth in Iraq…
A Delegation from Maliki’s Coalition to Meet with Muqtada al-Sadr
| September 26, 2011 | Filled under Other News |
BAGHDAD – “arenas of liberation” Coalition planned a “state law” under the leadership of Prime Minister Nuri al-Maliki to send a delegation to meet with the cleric Moqtada al-Sadr to demonstrate some of the positions that have raised his objection and criticism of the government. It is expected that the delegation was headed by the leading Islamic Dawa Party,…
Iraq Urged to Reform Financial System
| September 26, 2011 | Filled under All Dinar Trade Articles |
(Reuters) – Iraq’s banking system is hurting the country’s growth prospects and must be revamped in order to entice foreign investment and diversify the oil-producing economy, international lending bodies said. Seven state-owned banks dominate the banking system and hold 89 percent of the country’s bank deposits, according to a report authored by the World Bank. Many of the banks provide…
Iraq Turning into a Peaceful Democratic State
| September 26, 2011 | Filled under Other News |
New York, Iraq is striving to build a democratic State anchored in peace and the rule of law, with all communities living in harmony, irrespective of their sectarian, ethnic or factional affiliation, the country’s President, Jalal Talabani, told the General Assembly. “This is the basis for the path which we are moving on and continually implementing,” Talabani told the annual…
Biography: Iraq’s President Jalal Talabani
| September 26, 2011 | Filled under Other News |
(Kurdish: جەلال تاڵەبانی Celal Tallebanî, Arabic: جلال طالباني Jalāl Tālabānī; Born November 12, 1933) is the sixth and current President of Iraq, a leading Kurdish politician. He is the first non-Arab president of Iraq, although Abdul Kareem Qasim was half Kurdish. Talabani is the founder and secretary general of one of the main Kurdish political parties, the Patriotic Union of…
Rent Prices Increasing Dramatically
| September 25, 2011 | Filled under Other News |
Omer Sleman, a resident of Erbil with a family of seven, has been living in rental houses most of his life. His landlord recently told him he needs to pay more rent or find somewhere else to live. Forced to choose between staying in the same house and paying higher rent or finding a new home, Sleman must move because he…
Shahristani: End the Electricity Crisis in 2013
| September 25, 2011 | Filled under All Dinar Trade Articles |
Baghdad, (Rn) – Deputy Prime Minister for Energy, Hussain al-Shahristani, said that the electrical energy crisis in the country will end in 2013. Iraq suffers from now contained in a large grid where the power goes out for long periods in the day, sometimes up to about 16 hours. Did not succeed any minister of electricity since 2003 in…
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