The Currency Newshound

* Foreigners eager to invest in Iraq’s stocks

* IPOs, custodian bank to boost investment on ISX

* Iraq Stock Exchange has capital of $4 billion

BAGHDAD, Oct 20 (Reuters) – Foreign investors are increasingly choosing Iraq’s stock market as a lucrative investment, with the expected listing of the country’s three main mobile phone firms and better regulation seen boosting appetite.

Iraq’s bourse is still tiny in comparison with other regional or international stock markets, but a drop in violence since the peak of sectarian fighting in 2006-2007 and the scope for quick growth is lifting interest.

Read more: http://reut.rs/rnMNWV

Iraq and the vacant seat at UNESCO

Iraq seeks to confirm the presence of active and influential role in regional and international fora, and to restore effective role according to the trends of contemporary civilization and humanity away from the language of war and violence and confirmation of the speech of peace and civilization.

(more…)

11-10-2011 | (Voice of Iraq)
I had mentioned in a previous article on the following link:
http://bit.ly/p06Nxj
Entitled “Iraqi dinar between the present and future,”

To the need to move forward with the project important cash of deleting three zeros from the Danarena Iraq, and it is encouraging that the Central Bank of Iraq seems serious and determined to move forward with this matter after a thorough study of the consequences of this action on the Iraqi market and the strength of the currency of Iraq and then provide proposed to the House of Representatives for decision and ratification and adoption, has been described in my previous article above that benefits the great return to the status of the Iraqi dinar and the strength and credibility after the adoption of this procedure is important cash, and of curbing inflation in the local market in Iraq and facilitate the handling of cash and financial transactions Iraqi and restored (prestige), the Iraqi dinar and the reduction of the magnitude of the current Iraqi mass cash and the reduction of the phenomenon (dollarization) that still dominate the large cash transactions in the current Iraqi market.

(more…)

Atab: The question of my candidacy for the Ministry of Defence is currently discussing with Allawi

Confirmed the MP for the mass of the solution were part of the Iraqi List Atab league that is a debate with the leader of the Iraqi List of Iyad Allawi for her candidacy for the post of defense minister.

The league told all of Iraq [where] on Thursday that “my candidacy for the Ministry of Defence has been settled within the mass of the solution and is currently being discussed with Allawi to be settled within the Iraqi List.”

(more…)

On: Wed, 20/10/2011 9:16

Baghdad (news) .. A member of the state of law and MP / National Alliance / Ali Fayad, that settlement of the security ministries will be just after the Eid, likely that the Prime Minister chooses the personality of the Sunni component, but away from Iraq.

The House of Representatives has voted by majority to grant confidence to the government of Prime Minister Nuri al-Maliki, without the security ministries on 21 December last year.

The hospitality in a statement (of the Agency news) on Thursday that the state law and Prime Minister Nuri al-Maliki, welcoming any person provided by the Iraqi List, the Department of Defense requirement to be within the regulations and efficient, professional and non-inclusion of accountability and justice.

(more…)

Prime Minister Nuri Kamal al-Maliki meets with a delegation from the China Development Bank

10/20/2011 13:13

Press release

His Excellency Prime Minister Nuri Kamal al-Maliki in his office today and the official delegation from the China Development Bank.

He stressed during the meeting with Iraq’s desire to cooperate with the People’s Republic of China and make way for Chinese companies to participate in the process of rebuilding the country.

(more…)

Baghdad (newsletter).Detection of a senior Iraqi diplomat, the US Administration will meet in the next few days, to choose one of its officials to visit Iraq to discuss with political blocs on immunity to their coaches and the survival of a number of US troops.

The source said in the statement (for the news agency of news) Thursday: US Embassy in Baghdad, reported to the Department of Washington, the position of the official political blocs that no soldier end next year, and not to give immunity to trainers.

(more…)

The Warka Bank shareholders meeting originally scheduled for October 6 was held last Wednesday (Oct 12). From what I have heard from various sources, there was some good news and some bad news.

The good news is that the bank will be getting an IQD 100 bn loan from the Central Bank of Iraq (CBI). This will make it possible for the Registrar and the Securities Commission to allow BWAI to resume trading.

(more…)

20/10/2011 14:30

Baghdad, October 20 / October (Rn) – The Integrity Committee in the Iraqi Council of Representatives on Thursday that the investigation into the charges attributed to Iraqi Foreign Minister Hoshyar Zebari Bastelamh money from the State of Kuwait has not proved up to now the validity of the charges, indicating that the investigation is still ongoing case .

The members of the Parliamentary Integrity Commission has uncovered information indicating that the technical component of the Iraqi delegation from the Ministries of Foreign Affairs and Transport, who visited Kuwait to discuss the outstanding issues have received in-kind gifts and material from Kuwait.

(more…)

20/10/2011 14:08

Baghdad, October 20 / October (Rn) – I expected the Iraqi Oil Ministry on Thursday, crude oil prices remain above $ 90 after experts likely lower prices below that level affected by the debt crisis in the European Union.

OPEC said on Monday that the price of its basket of crudes rose to a record 109.01 dollars a barrel on Friday from 107.05 dollars the previous day.

The OPEC basket is composed of 12 raw mix is ​​the Algerian Sahara and the Angolans crude Girassol, Iran Heavy, Basra Light of Iraq and Kuwait export lotus Libyan and Nigerian Bonny Light, Qatar Marine, Arab Light Saudi Arabia and the UAE Murban and Mary and the Venezuelan Orient of Ecuador.

(more…)

BAGHDAD / With: called the Iraqi List MP Kazem al-Shammari, Thursday, to quickly choose a new flag for the country, in order to avoid problems between the political parties.

Al-Shammari said, the reporter and the news agency the future (and) said: “The text of the Constitution to choose a new flag in accordance with the law,” noting that many reasons have prevented the resolution of this issue until now. “

(more…)