Iraqi News & Iraqi dinar Updates
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Iraq Oil Production Could Reach Nine Million Barrels a Day
July 09, 2006
Iraq's oil production could reach 9.0 million barrels a day in 2016, up from around 2.4 million barrels currently, the head of international oil producer Heritage Oil, said.
Iraqi Dinar stable according to Central Bank Of Iraq
July 07, 2006
Mudhir Salih, an expert with the Central Bank of Iraq, said that the Iraqi dinar is stable and there is no need at this point to print more money.
Iraq, UN work on five-year project to support Iraqi economy
July 07, 2006
A joint statement from the Iraqi government and the United Nations announced a five-year project that will instill peace and bring forth political, economic, and social development in Iraq.
Central Bank of Iraq allows opening of Bank of Beirut
July 06, 2006
Central Bank of Iraq approved to grant Bank of Beirut, founded in 1963, a permit to open a representing office in Baghdad to initiate contacts and revitalizing relations with Iraqi banks through available funding opportunities, available at disposition of Iraqi banks by the bank management.
World Bank important role in the reconstruction of Iraq
July 05, 2006
Coupled with the name of the World Bank to developing countries and their problems, especially poverty, It highlights activities in the poor nations and the countries that suffer from problems in the areas of health, education, roads, irrigation, agriculture through the provision of aid in order to alleviate poverty and assist in the delivery of basic services, Since 2003 the World Bank regained its activity in Iraq. We will try in this article to identify the nature of the work of the World Bank and its role in the reconstruction of Iraq.
Adoption of electronic trading project in Iraq, Baghdad Stock Exchange
July 05, 2006
The Executive Director of Iraqi Stock Exchange Taha Ahmad Abid Al-Salam is optimistic about future of the financial market despite the deteriorating security in Iraq, pointing to positive developments, like registration the Stock Exchange late last year in the European-Asian Union stock, headquartered in Turkey, and as a member in Arab stock Union, headquartered in Kuwait.
Iraq Investment law waiting ratification
July 05, 2006
The Maliki met with the President of Chambers of Commerce and Industry in the presence of ministers from both countries to urge investors to work in Iraq.
Iraqi Dinar Value should be Raised, Baker Jaber AL Zubaidi:
June 30, 2006
The Ministry of Finance together with the Central Bank are studying a proposal to raise the value of the Iraqi dinar in order to return it to previous levels where one Iraqi dinar was valued at 3.33 US dollars.
Call to speed up publishing of Foreign Investment Law in Iraq
June 30, 2006
A well-known expert in the shares and securities market has called for a speeding up of the enactment of Iraqi foreign investment law and the development of Iraqi exchange law.
Iraqi Dinar equality to dollar soon, Zubaidi suggests
June 30, 2006
Finance ministry & Iraqi Central Bank study a suggestion about lifting off the worth of Iraqi dinar and returning back as the past.
AL-MALKI announces conciliation project tomorrow
June 25, 2006
Prime minister, al-Maliki will announce the project of national conciliation in the council of representatives tomorrow, as parliament members described the project as one that will lead Iraq to the right direction.
Kuwaiti commercial bank opened in SULAYMANIA, Iraq
June 25, 2006
Kuwaiti commercial bank opened a mainly office in Sulaymania while Kuwaiti Western Company would starting works next month in Kurdistan province and would be as center for all Iraqi cities offering different sorts of banking services within most worldly modern styles.
Kurds to build free-trade zone close to Iranian border
June 15, 2006
A new free-trade zone is to be constructed in the Kurdish Province of Sulaimaniya and close to the Iranian border, said a senior trade official at the regional Kurdish government. Mohamed Kareem, head of investment in the province, said the zone is expected to boost trade and commercial links between the region and other Middle Eastern countries.
Foreign companies participate in the building process for Iraq
May 18, 2006
Ministry of reconstruction affirmed the necessity of having Arabic and international companies to participate in building processes for Iraq which will be start in the next phase.
Tigris & Euphrates bank presents service in Kuwait
May 18, 2006
Deputy Director of Tigris and Euphrates Bank has announced that the bank will participate in Aaian divan festival in Kuwait, adding that the bank aims to show the Kuwaiti audience with the nature of its work and the services that it paid to Iraq.
Equal rights in Iraq for Participation
May 09, 2006
New political system approves people's right to participate in public affairs as Para. 20 texts people, men and women have the right to participate in public affairs and enjoy political rights including voting, candidacy and electing, yet it limits the right of presenting projects by the president, the cabinet and a host of ten MPs according to Para. 60.
Iraq to upgrade nine palm trees projects over next period
May 09, 2006
The General Commission of the Palm Trees at the Ministry of Agriculture has prepared an ambitious future work plan includes 9 projects will be implemented successively over the next phase.
Iraq reconstruction national exhibition in Amman opened
May 09, 2006
Iraq reconstruction third national exhibition with 1025 Iraqi, Arab, National companies participation presenting 48 states, opened yesterday in the Jordanian capital Amman.
Iraq earns $3 billion from oil exports a month
May 09, 2006
The hike in oil prices and a temporary surge in exports have pushed Iraqi oil revenues to $3 billion a month from $2.1 billion, the Oil Ministry said in a statement.
Mosul, Iraq police chief vows to rid city of rebels
May 09, 2006
The police are striving to regain full control of the restive city of Mosul, a stronghold for anti-U.S. rebels and armed groups. Lt. Gen. Wathiq Mohammed has asked his police officers to “be strict and forceful in their bid to apply the law.”
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