Iraqi News & Iraqi dinar Updates

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The establishment of new financial management system in Iraq
October 09, 2006

The economic, political advisor of the American Agency for International Development, Dr. John Skamber announced the creation of a new financial management system in Iraq, within the technical assistance provided by the agency as part of assistance in the reconstruction and economic reform.

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The Sixth Conference of Reconstructing Iraq held in Washington at the end of year
October 09, 2006

The sixth conference of reconstructing Iraq will be held in Washington, DC, from 6-7 of next December. The organizing board of the conference said that it authorized the Iraqi Commissariat of Civil Society Institutions in Iraq to invite the relevant authorities of the business community and interested parties.

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Maliki: Anbar would enjoy security, major reconstruction boom
October 08, 2006

The Prime Minister initiated a conference of tribes' leaders from the Anbar stressing that the province would delight in security within two months. Meanwhile the tribes' leaders stressed going on efforts to return security, stability and reconstruction and they assumed to prepare legal environment and provide reconciliation project and fight all kinds of sectarianism.

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Iraq Oil Ministry Ready to Invest Fields
October 08, 2006

Oil ministry tends to start investing oil and gas fields in general parts of the state at the beginning of the coming year 2007 after certificating oil and gas decision.

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Rice Calls for the Sharing of Oil Wealth among Iraqis
October 08, 2006

President Jalal Talabani presented the latest developments in the country during his meeting with the American Secretary of State Condoleezza Rice in Baghdad. He also praised the role of the national reconciliation process and the agreements that have recently been made to support the political process.

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Armed groups in Iraq announce truce,5000 officers support reconciliation
October 08, 2006

A close source to armed groups announced that intensive negotiations were held to find unified position towards reconciliation project and vow document.

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Najaf Refinery to be Opened Today
October 08, 2006

Oil minister Hussein al-Shihrastani would open today Najaf refinery with a capacity of 10 thousand barrels to produce oil productions as gas oil, kerosene, oil, and the sub-assistant material of benzene manufacturing.

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Iraqi investors are in 2nd place in Jordan
October 08, 2006

Iraqi Investors came second in the list of investors in registered companies in Jordan since the beginning of this year till the end of its third quarter. In terms of the volume of registered capitals, their contribution amounted to 106 million, while Kuwaiti contribution sharply retreated to 29.3 million dinars compared with 161.3 million dinars to the same period of last year. Emirates investments in registered companies also retreated to 97 million dinars, compared with 136.9 million dinars to the same period of last year, while Egyptian investments achieved an increase amounted to 13.1 million dinars compared to 7.5 million dinars with the same period of last year.

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The establishment of the first company for banking guarantees by the capital of five billion and 450 million Iraqi dinar
October 08, 2006

The banking sector announced the establishment of the first Iraqi company for bank guarantees by the capital of five billion and 450 million Iraqi dinars. A member of the company's board said that this company includes 11 Iraqi banks. It is hoped to start its activity late this October in ensuring small and medium loans ranging from five thousand to 250 thousand dollars.

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The Completion of Draft law on Iraq Securities and Iraq Stock Exchange
October 06, 2006

The Executive Director of Iraqi Stock Exchange, Taha Ahmed Abdulsalam revealed that a committee, consisting of the Iraqi Securities and Stock Exchange Staff completed the draft of securities law in Iraq, after consulting with a number of international experts, like the American Stock Exchange staff to make the Iraqi law specifications within the International frame, a fact and not only a slogan.

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Opening Najaf, Iraq Refinery Next Week
October 06, 2006

Iraqi Ministry of Oil announced that the opening of Najaf refinery will be next week. Assem Jihad, spokesman of the Ministry said "the capacity of Najaf new refinery is ten thousand barrels a day.

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Iraq Prime Minister Maliki stresses determination to step down militias
October 04, 2006

The Prime Minister Noori Maliki stressed the Government's determination to stepping down militias and work going on to achieve that at political, economic and military levels.

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500 Medical Institutions Participating in the International Medicine Fair for Reconstructing Iraq
October 04, 2006

United National Company for Organizing Conferences and Fairs announced that it will organize a conference and an international medical fair for reconstructing Iraq on the 3rd of March from next year. The purpose is to support and encourage investing in the medical field and health services in Iraq, through exchanging point of views among the Gulf, Arabic and international companies who are interested in entering the Iraqi market in this field particularly.

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Five hundred Medical Institutions Participating in the International Medicine Fair for Reconstructing Iraq
October 03, 2006

United National Company for Organizing Conferences and Fairs announced that it will organize a conference and an international medical fair for reconstructing Iraq on the 3rd of March from next year.

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Iraqi and British Forces launching a Plan to reconstruct and restore security in Basrah
October 03, 2006

Iraqi and British Forces started a plan to reconstruct and restore security in Basrah. It is an attempt to improve "the living level" in the city which witnessed lately some security disturbances.

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Security Adviser stresses security measures caused curfew in Iraq
October 03, 2006

The National Security Adviser Moufak Alrubaei ascribed Saturday's curfew to security measures and he denied rumors which mentioned the Government imposed the curfew to frustrate a coup attempt.

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One thousand new Projects To Provide Jobs For Idles in Iraq
October 03, 2006

Ministry of labor and social affairs intends to establish one thousand projects to provide jobs for unemployed persons who are registered in employment and professional training centers during next year.

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American University to Open in North Iraq
October 03, 2006

Iraqi higher education has been on a downward trajectory for decades due to war, dictatorship and isolation. But now the American University of Iraq, soon to rise in the Kurdish city of Sulaymaniyah, hopes to reverse the decline. The university, AUI-S for short, is the brainchild of Iraqi Deputy Prime Minister Barham Salih, who long dreamed of setting up a university in his hometown once Iraq was free.

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Iraq to charge Jordan USD 10 per barrel of oil
October 03, 2006

Iraq will supply oil to Jordan with a preferential price of USD 10 per barrel, the Arabic Al-Dustour daily published here said Monday.

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Distributing land plots and construction materials to the small factories' owners in Sulaymaniyah, Iraq
October 01, 2006

Qadir Hama Jan, head of the city council in Sulaymaniyah, stated last Monday that during the past few days, more than500 land plots of 200 square meters in area for each have been distributed among the small factories' owners in the second Industrial District (10 km to the west of the city) to more their works from down town to that District in order to preserve the city.

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