July 2009 News & Updates
Supplementary budget shows deficit of Iraqi dinar 3.9 trillion
July 29, 2009
The head of the Financial Committee in the Iraqi Parliament on Wednesday said that the country’s supplementary budget for the year 2009 has shown a deficit of 3.9 trillion Iraqi dinars.
Bank of Baghdad to join ISX (iraq stock exchange) electronic trading sessions
July 29, 2009
The Iraqi Stock Exchange (ISX) on Tuesday said that the Bank of Baghdad will join its electronic trading sessions as of this Thursday, brining up the number of electronically registered companies to 47 out of a total 91.
Iraqi dinar vs Dollar sales increase to $191m on Wednesday
July 17, 2009
“The demand hit $15.800 million in cash, covered by the bank at an exchange rate of 1,183 Iraqi dinar, and 176.605 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinar per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.
Iraqi Stock Exchange converted into a secondary market for bonds and remittances
July 17, 2009
The Iraqi Central Bank agreed to the request of Iraqi Stock Exchange to deposit government and semi-governmental bonds once they are issued and circulated in the market.
Iraq stock exchange invited brokerage firms to open additional branches
July 09, 2009
High Director of the Iraqi Stock Exchange, Taha Ahmed Abdul Salam, called upon contributing companies to reduce the dependence on increasing their capital as a source of funding.
Completion of Communications Compound in Al-Amarah with a cost of 821 Million iraqi dinar
July 09, 2009
The director of Maysan Communications Department said that a local company, has accomplished on Saturday, a compound for Communications, northern city of Amarah, with a total cost of 821 million Iraqi dinars. Eng. Ali Mahmoud Khalaf said that a local company has completed a Communication Compound in Ali Al Gharbi district (100 Km north of Amarah) stating that the total cost of project is 821 million iraqi dinar, the project is part of Ministry of Communications investment plan for the year 2008 - 2009.
Completion of Communications Compound in Al-Amarah with a cost of 821 Million iraqi dinar
July 06, 2009
The director of Maysan Communications Department said that a local company, has accomplished on Saturday, a compound for Communications, northern city of Amarah, with a total cost of 821 million Iraqi dinars.
Central bank of Iraq sells $124m on Wednesday
July 01, 2009
Demand for the dollar went up in the Central Bank of Iraq’s (CBI) auction on Wednesday, reaching $124.980 compared to $114.550 million iraqi dinar in the previous session.
As Iraq Stabilizes, China Eyes Its Oil Fields
July 01, 2009
As the world’s second-largest and fastest-growing consumer of oil, China is showing increasing interest in oil fields in a country that has until very recently seemed to be firmly in the American sphere of influence for natural resources: Iraq.