Archive for November 2, 2011

Kuwait is waiting for the final report from the Iraqi authorities concerning the Mubarak Al Kabeer Port

The standoff between Kuwait and Iraq over the Mubarak Al Kabeer Port will end through understanding and coordination between the two countries, a senior Kuwaiti official has said.

“Kuwait is waiting for the final report from the Iraqi authorities concerning the findings and recommendations of a technical committee that investigated the matter,” Khaled Al Jarallah, Kuwait’s Ministry of Foreign Affairs Undersecretary, said, quoted by Al Watan daily.

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Denied the State of Kuwait, Wednesday, received the official position of Iraq from the port of Mubarak, pointing out that the file will close the port of understanding and coordination without mediation.

The Undersecretary of the Ministry of Foreign Affairs Kuwait Khaled Al-Jarallah told reporters from Kuwait for “confidence in closing the port of Mubarak between Iraq and Kuwait as a result of understanding and joint coordination,” adding that “Kuwait is not received until this moment, the final report of the Technical Committee of Iraq, who visited Kuwait and reviewed the stages of the construction of a port of Mubarak the Great. “

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02/11/2011 13:29

Erbil, November 2 (Rn) – recently increased Iraq’s oil production amid forecasts that the production levels of the Iraqi black gold, during the next few years, the output of Saudi Arabia, the largest exporter of oil within the “OPEC”.

Quoted by U.S. television network “CNN” for U.S. Energy Information Administration as saying that Iraq’s oil production jumped last year by 13 per cent, from 2.3 to 2.6 million barrels a day, note that the ceiling of production during the period that followed the U.S. invasion ranged at two million barrels a day. (more…)

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Rejected the parliamentary and legal circles of the issuance of UN resolution states that no civil government, stressing that he would be “unfortunate” as the government was elected by the Iraqi people in free and fair elections under the supervision of the United Nations.

In the meantime, a legal expert said: “The decision not to civil government should be the approval of the five permanent members of the UN Security Council approval.” (more…)

The Ministry of Planning and Development Cooperation, on Tuesday, the inclusion of 380 projects for investment during the months of September and October by 4.3% of the total allocations of investment projects, indicating that the projects were distributed among ministries, departments and institutions in various sectors of wisdom.

According to a release from the Department of government investment programs subsidiary of the Ministry of Planning, “Twilight News” copy “The number of new projects that have been listed during this month and the past is the 380 projects, amounting to 4.3% of the total allocations of investment projects of the ministries and departments not related to the Ministry.”

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The Iraq banking industry is poised to take a huge step forward as outside investors partner with established private banks and possibly create new ones through consolidation.

In this latest free report from IraqiXchange, Ahmad Saleh presents a detailed analysis of the sector.

Please click here to download the report.

Oil and energy parliamentary rule out the consent of Parliament on a draft oil law for 2007 

Ruled out of the oil and energy in the House of Representatives, Wednesday, members of the council to approve the draft law of oil and gas for the year 2007, weighted by the draft incorporates the government and parliament in the new law meets the aspirations of all parties.

The decision of the Commission on oil and gas parliamentary Mchkta Qasim’s “Twilight News”, that “it is unlikely to be approved by the members of the House of Representatives a copy of the law of oil and gas which have been prepared in 2007.”

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Said Iraqi Commercial Attaché in Cairo Ali Abdul-Zahra preparing a file of investment opportunities in all the provinces in preparation for submission to the Arab investors during the preparatory meeting of the Council of Economic Unity of the Arab League, the beginning of December next, explaining that the file is completed according to the documents received from the National Investment Commission and the Department of private sector development in the Ministry of Commerce

, said Abdul-Zahra of the “morning” that “Iraq’s investment opportunities to accommodate every possibility of Arab funding, in addition to the enjoyment of the climate of investment eligible for the possession of system investment legislative, legal and institutional accommodate all the requirements of the foreign investor,” explaining that “the Iraqi delegation will full explanation of the opportunities for favorable, and the distribution of CD-ROM in this regard between the Member States, the conference participants. ” (more…)

A parliamentary source said on Wednesday that the U.S. ambassador to Iraq, James Jeffrey, and a number of military leaders in the U.S. Army held a meeting today with the head of the Iraqi parliament Osama Najafi, stating the meeting would discuss the issue of the American withdrawal from Iraq, to ​​be the end of this year.

The source said in an interview for “Alsumaria News”, “U.S. Ambassador to Iraq, James Jeffrey, a number of military leaders and the Americans arrived, today, the Iraqi parliament building and held a meeting with Parliament Speaker Osama Najafi.”

The source, who requested anonymity, said, “Najafi meeting with Jeffrey and U.S. military leaders devoted to the subject of a U.S. withdrawal from Iraq.”

The U.S. military announced, the end of last October, that the withdrawal from Iraq by the end of this year will lose the Iraqi special forces, their ability to combat terrorism, warned against military analysts that the withdrawal will affect the intelligence effort adopted by those forces in weakening al-Qaeda and expose him to danger. (more…)

Increased recently, Iraq’s oil production amid forecasts that the production levels of the Iraqi black gold, during the next few years, the output of Saudi Arabia, the largest exporter of oil within the “OPEC.”

The U.S. Energy Information Administration said that Iraq’s oil production last year jumped by 13 per cent, from 2.3 to 2.6 million barrels a day, note that the ceiling of production during the period that followed the U.S. invasion ranged at two million barrels per day. (more…)

On: Wednesday 11/2/2011 8:52

Baghdad (news) .. stressed economic researcher Hussein’s star on the necessity of activating economic sectors of strategic anticipation of global economic recession in the coming years.

and said the star in a statement to the Agency (news) on Wednesday: the federal government to activate the economic sectors, the strategy of the country Kalsnaaa and agricultural as well as to take advantage of human brains in the public and private sectors in anticipation of a global recession are difficult to treat. (more…)

Wednesday, 02 October / 2 November 2011 00:00

Criticized the economic expert Ahmed Alabreha fears of lower oil prices in the next year and the deterioration of the economic situation in Iraq as a result of that, saying that “these fears are not groundless.”

Alabreha said in a statement singled out by the agency and all of Iraq [where] the day that oil prices are high and these fears are unfounded because the price of oil is now higher than it was in the previous year. ” (more…)

Wednesday, 02 October / 2 November 2011 00:00

Radicalized the MP for the Iraqi List Coalition Nahida Daini that there are severe economic crisis will affect the world in the next three years will not be Iraq, apart from this crisis. “

She told all of Iraq [where] the day that most of the countries of the world will see a financial deficit in their budgets speculative for the coming years of 2012 -2015], including Iraq. “

She said an MP for the Iraqi List, said Iraq’s budget for fiscal year 2012 will see a financial deficit and clear because of the reliance on a financial resource and one which is oil. ” (more…)

Adviser to the Prime Minister’s (full): We are concerned about the fate of the disputed areas after the U.S. withdrawal and would rather resolve that file their presence.

Expressed adviser to Prime Minister for the Kurds just Berwari concern over the situation in the disputed areas as if the withdrawal of U.S. forces did not resolve their own destiny.

Berwari said in a statement, told the dawn of peace (full): We are concerned about the disputed areas if the U.S. were to withdraw before the resolution of the subject, there is a significant risk may result from the withdrawal of the U.S. military. (more…)

02/11/2011 09:59

Baghdad, November 2 (Rn) – The Finance Committee representative, Wednesday, that the government violated the constitution for not sending the final accounts of the budgets of the past to the Council, indicating that a decision was taken unanimously not to approve the budget of 2012 unless the Government provides the final accounts.

According to article 62 N. First, the Iraqi constitution to the Council of Ministers to submit the draft general budget bill and the final account to the House of Representatives for approval.

And imposes a financial budget to Iraqi ministries and government bodies to provide financial Khovatha in the first quarter of next year following the budget year. (more…)

On: Wed, 11/02/2011 14:12

Baghdad (news) .. Download MP / menu Iraqi / Iskandar and berries, Nouri al-Maliki’s responsibility for delaying the selection of a candidate of the Iraqi Ministry of Defense.

He and berries in a statement (for the Agency news) on Wednesday: that the delay in naming ministers security (defense, interior) led to confuse the situation in Iraq, blaming Prime Minister Nuri al-Maliki responsibility of not naming the candidates of the security ministries, including the selection of a candidate list of Iraq for the defense. (more…)

had not gone only a few hours on the opening of the Baghdad International Fair until Aktdt home visitors, who Tnoawa according to the importance of the exhibition, between the officials as government officials, led by the Minister and the investor or ambassador or economic or visitor extraordinary diversity of the participants at the opening yesterday, which saw the presence around the 1,200 foreign companies and local, according to general manager of exhibitions and trade services of Iraq, which varied to include all areas of physical, medical, food, electrical, agricultural, industrial and many other companies that said its officials were trying all the holdings in force to the presence in the arena of investment of Iraq, (more…)

Politics 11/2/2011 11:54:00 AM

By Samie Al-Dulaimi KUWAIT, Nov 2 (KUNA) — The US hailed Kuwait’s democratic experience in the Middle East as a model for the region, describing the newly-approved Palestinian UNESCO membership as a “symbolic gain” that is “unfortunate” and “a diversion” from negotiations with Israel.

“As I think the Kuwaiti experience demonstrates, they’ve had a parliamentary system for a number of years now and very open debate inside Kuwait. But it doesn’t come automatically; the skills inherent to democratic politics are something that everyone needs to learn and every society is constantly seeking to perfect,” the US Deputy Secretary of State for Near Eastern Affairs Tamara Wittes told reporters. She was speaking in a live televised web conference from Washington, aimed at discussing the Arab Spring revolutions.
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01/11/2011 15:47

Sulaimaniyah, Nov. 1 (AKnews) – Iraq exported 67.425 million bpd in October, an increase of 6.87 per cent from 63.1 million bpd the previous month

Mu’tassam Akram, undersecretary of Iraqi Oil Ministry, told AKnews Tuesday that average daily exports for OCtober hit 2.175 million bpd. (more…)

On: Wed, 11/02/2011 12:01

Baghdad (news) .. announced adviser North Bank wholesome Elias Abou increase the bank’s capital for the next year of up to (250) billion dinars according to the regulations the Central Bank.

said Abbou in a statement (for the Agency news) on Wednesday: that the North Bank of the banks that Founded in 2004, starting with a capital of two and five hundred million dinars, but has in recent years to increase recurrent, where he became at the present time (175) billion and it is hoped to arrive in the next year to (250) billion dinars according to the regulations the Central Bank. (more…)

BAGHDAD (Iba) … A member of the House of Representatives and the President of center coalition Iyad al-Samarrai said that there is a loss of vision in fiscal policy and economic development in the State by Iraqi government’s embrace of the economic system of free and abandoned the socialist system, which means the outcome that the local economy grows, leading to the fear of labor in the country ..

The samurai in a statement received by the independent press (Iba) a copy of it that Iraq today is lacking the economic plan and that the budget at the level of all the past years does not exceed the rate of implementation of 30% and we have bridge Agr made ​​in the budget through the non-implementation of the investment budget. . (more…)

On: Wed, 11/02/2011 10:38

Baghdad (news) .. expect the President of National Business Council Ibrahim al-Baghdadi, the success of the (38) of the Baghdad International Fair being a witness post the Iraqi private sector for the first time.

Baghdadi said the reporter Agency (news) on Wednesday: “I expect to see a cycle (38 ) of the Baghdad International Fair a great success at all levels, especially after the efforts made ​​by the Ministry of Commerce and ministries of the other State through a contribution of its subsidiaries in this session.

The al-Baghdadi on the participation of the Iraqi private sector for the first time in the Baghdad International Fair and great success with more than (60 companies) active in the industry, construction, trade and investment under the name “Business Council Inc.” This demonstrates the success of this session. (more…)

Wednesday, 02 October / 2 November 2011 11:33

The Deputy for the Kurdistan Alliance, the emergency meeting of Parliament scheduled for tomorrow will be a deliberative as well as to show the positions “unlikely” to be held for the travel of many of the members of the House of Representatives to the outside.

Said Rep. Najiba Najib told all of Iraq [where] on Wednesday that “the emergency meeting of the Parliament and called for by House Speaker Osama Najafi at the request of his more than fifty deputies will be limited to the statement of the positions of the blocks of some of the issues of withdrawal the U.S. and other files will also be a deliberative more of legislation and adoption laws. ” (more…)