Monthly Archives: November 2011
Economy Discussed the Parliamentary Law of the Infrastructure
| November 28, 2011 | Filled under Other News |
Twilight News / Committee revealed the economy and invest in the House of Representatives, for the law of the infrastructure has been discussed over the past few days in the presence of members of the committees of construction and financial services, explaining that the legislation of this law prepares the ground for the entry of investment companies to Iraq. A…
British Companies Urged to Act Now at Middle East Association Iraq Conference
| November 28, 2011 | Filled under Other News |
British companies need to move fast if they are to gain a foothold in Iraq and avoid losing out to their competitors. This was the clear message given at the Middle East Association’s ‘Iraq: Untapped Opportunities’ conference held on 22nd November at the Dorchester Hotel, London. Supported by the National Investment Commission of Iraq, UK Trade & Investment and Allurentis, the…
Iraq Signs $349 Million Power Deal with Greece’s Metka
| November 27, 2011 | Filled under Other News |
Iraq signed a $349 million contract with Greek power plant builder Metka for a gas-fired, 1,250-megawatt power plant in southern Iraq. The plant, to be built in southern Basra province, includes 10 gas units of 125 megawatts each. The units were purchased from General Electric in a contract signed in 2008. Deputy Electricity Minister Salam Qazaz said the ministry…
Dispute Between Maliki and His Aides on the Office of Security Cooperation
| November 27, 2011 | Filled under Other News |
Baghdad / term researcher said Michael Knights in a report on Iraq later that the U.S. military withdrawal “as soon as the withdrawal is completed, Washington will need to tread gently on the sensitivities and do not care about the Iraqi abuses and to expand the range of international voices capable of weighing in on Baghdad. In his report, published…
Iraq to Sign Final Shell Gas Deal Sunday
| November 26, 2011 | Filled under Other News |
Iraq on Sunday will sign the final $17-billion deal with Royal Dutch Shell and Mitsubishi to capture flared gas despite a legal challenge from local officials, head of state-run South Gas Company said on Friday. The 25-year venture is expected to help Iraq make use of more than 700 million cubic feet per day of gas that is now being…
Iraqi Military to Get Around 700 US Trainers
| November 26, 2011 | Filled under Other News |
BAGHDAD: About 700 US mostly civilian trainers will help Iraqi security forces when American troops leave, Iraqi and US officials say, far less than the several thousand troops and contractors once under discussion between Baghdad and Washington. The number of US troops and trainers to remain in Iraq was the subject of months of informal talks before President Barack Obama…
Iraq to Sign Final Gas Deal With Shell, Mitsubishi on Nov. 27
| November 26, 2011 | Filled under Other News |
Iraq will sign a final accord on Nov. 27 with Royal Dutch Shell Plc and Mitsubishi Corp. for a $17 billion project to capture natural gas from fields in the south of the country, according to the Oil Ministry. The signing was delayed by three days for logistical reasons, Asim Jihad, a ministry spokesman, said by telephone from Baghdad today.…
Iraqi Stock Market is the Cheapest Stock in the World
| November 26, 2011 | Filled under Other News |
See a number of financial experts that the experience of the financial market in Iraq, “is still a recent and promising, but the exposure continued economic and political conditions bad led to a delay in the performance, stressing the need to develop the work of the stock market and provide a culture of economic and profit encourages citizens to invest Mdjulath…
Central Bank: Restructuring of the Iraqi Dinar Will Not Start Before 2013
| November 26, 2011 | Filled under All Dinar Trade Articles |
Denied the central bank, issuing coins, a large, stressing that the Iraqi dinar has become more currencies in the region stable region, The thing on it. And while noting that the inflation that took place in the country are imported, pointed to a gradual decline in rates until stability increases are reasonable in the prices. While the detection of moving…
Iraq Signed an Agreement with the European Union Worth 24 Million Euros
| November 25, 2011 | Filled under Other News |
Baghdad, (Rn) – The Ministry of Planning and Development Cooperation Federal Iraq, has signed an agreement to support Iraqi capabilities with funding from the European Union at a cost of 24 euros Mliyun. He said the ministry spokesman Abdul Zahra al-Hindawi told the Kurdish news agency (Rn) that “the Ministry of Planning and signed an agreement with the European Union…
MerchantBridge Outlines Changing Investment Landscape in Iraq
| November 25, 2011 | Filled under Other News |
MerchantBridge Group Invested in Iraq MerchantBridge, the international private equity group with diverse investment interests operating from Iraq, Lebanon, Saudi Arabia and the United Kingdom, presents today ‘The New Iraq – Discovering Business 2012’. The 3rd edition is published by Allurentis and is in association with the National Investment Commission and UK Trade & Investment (UKTI). Major building blocks…
Maliki Intends to Submit the Second Amendment to the Investment Law to the House of Representatives
| November 25, 2011 | Filled under Other News |
Baghdad, The Iraqi Prime Minister Nuri al-Maliki after his return from Japan to the Second Amendment to the investment law to Parliament for discussion and approval. The Adviser to the Prime Minister Mary Rayes told the Kurdish news agency (Rn), “will host the House of Representatives of Prime Minister Nuri al-Maliki after his return from Japan to explain the results…
Corrector: Iraq Plans to Issue a New Currency in 50 Dinars After Deletion of Zeros
| November 24, 2011 | Filled under All Dinar Trade Articles |
Baghdad, (Rn) – Iraq’s central bank said it plans to issue a new currency from the category of 50 dinars after deletion of zeros which is equivalent to $ 50 thousand dinars at the moment. According to the information published (Rn), two days before the central bank is working on the version of class 50 thousand Iraqi Dinars. Category that…
House of Representatives Ended the First and Second Reading of the Ten Bills
| November 24, 2011 | Filled under Other News |
Baghdad, ended the House of Representatives in regular session the second legislative term of the second year the second legislative session was chaired by Osama Najafi, Chairman of the House of Representatives and the presence of 190 deputies the first reading and the second of ten bills, this increase Nujaifi to the meeting. And Speaker announced the presentation of Osama…
Japan to Give $750 Million in Loans to Iraq
| November 24, 2011 | Filled under Other News |
Tokyo, Japan will offer Iraq loans totalling $750 million to help rebuild the oil-rich country, Prime Minister Yoshihiko Noda said in his meeting with visiting Iraqi leader Nouri al-Maliki. The money will go toward refurbishment of oil refineries and other infrastructure and health care projects, according to the Japanese foreign ministry. Resource-poor Japan has eagerly sought to strengthen its…
U.S. Study: Iraq’s Failure to Implement Plans to Expand Production Contributes to the Global Energy Crisis
| November 24, 2011 | Filled under Other News |
Arbil, (Rn) – A study by the Harvard Kennedy recently that Iraq sits on top of the third-largest oil reserves in the world, while producing less than 4 percent of the world’s oil, noting that Iraq has a great opportunity to increase its production of energy, as it seeks to increase the production of 10 million barrels of oil per day…
State Law: The Americans Will Receive a Partial Immunity
| November 23, 2011 | Filled under Other News |
Abbadi said in a press statement that “the Iraqi government will not grant U.S. trainers who may remain in Iraq after the 2011 full immunity,” adding, “It will be submitted to the U.S. side give trainers partial immunity.” Furthermore, the Ministry of the Interior, that the movements of the Baath Party prohibited coincided with the imminent withdrawal of U.S. troops…
Maliki: No Security Concerns After the U.S. Withdrawal
| November 23, 2011 | Filled under Other News |
Agreed with his Japanese counterpart on strengthening bilateral cooperation .. He met with heads of a number of Japanese companies Baghdad Al-Sabah Agreed to Prime Minister Nuri al-Maliki with his Japanese counterpart Yoshihiko Noda to enhance cooperation between the two countries in all fields. This comes at a time when the coming hours, the signing of several agreements in…
U.S. Official: Iraq Could Join WTO by End-2011
| November 23, 2011 | Filled under Other News |
A U.S. official said that Iraq could join the WTO by the end of 2011 if diligently sought for membership that may help the reconstruction efforts through the promotion of trade and investment. And Iraq has begun the process of accession in 2004 is that it has taken only initial steps required by the membership. Iraq may also receive limited…
Iraqi Legislature Calls on US to Use its Position in Security Council to Exclude Iraq from UN Article 7
| November 23, 2011 | Filled under Other News |
BAGHDAD / Aswat al-Iraq: An Iraqi Legislature has called on the US Administration to play its role in the UN Security Council and the United Nations, to exclude Iraq from the UN Charter’s Article 7, imposing economic sancations against the country. “It is the duty of the United States of America towards Iraq to strive seriously on the International level…
Maliki to Japanese Companies: Investment Law Will Be Amended a Third Time to Facilitate the Work of Investors in Iraq
| November 23, 2011 | Filled under Other News |
Baghdad (news) .. met with Prime Minister Nuri Kamal al-Maliki at his residence in the Japanese capital Tokyo on a number of heads and officials of major corporations, men and Japanese business, led by companies Hitachi and Jeix and Sumotimo and the President of the Japan Cooperation Center for Middle East and others. A statement from the Prime Minister received…
U.N. Representative Sees Iraqi Forces Ready
| November 23, 2011 | Filled under Other News |
Najaf, (AKnews) – United Nations’ Iraqi representative Martin Kobler allegedly said that Iraq’s security forces are able to face the problems that may occur after the U.S. withdrawal and reportedly promised that the U.N. will help in the areas of politics and development. Kobler allegedly spoke at a press conference in Najaf after he met with Sayyid Ali-al-Sistani, a religious…
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