KUWAIT: Kuwaiti diplomats acknowledged recent remarks by Iraq Parliament foreign relations committee member, Sami Al-Askari, in which he reasserted Kuwait’s right to construct Mubarak Al-Kabeer Port at its present location. His statements are based on an Iraq parliament investigative report, which resolves that the Kuwaiti mega port will not leave any negative effect on naval mobility in Iraq’s territorial waters. (more…)
Archive for February, 2012
Kuwait applauds Iraqi statements on port
Posted: February 29, 2012 in Iraqi Dinar/PoliticsTags: Chapter VII, Iraq, kuwait, UNSC
Economist: Raising the zeros from the currency will save the economy from the dollar’s dominance
Posted: February 29, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Babylon, Central bank, Currency, Economy of Iraq, Iraq, Iraqi dinar, University of Babylon, Wednesday
On: Wednesday 02/29/2012 10:55
Babylon (news) .. According to a professor of economics at the University of Babylon, Dr. Jawad al-Bakri that the draft raise zeros from the national currency involves a lot of pros on the reality of the Iraqi economy. (more…)
Iraq List: We hope Maliki’s has success to drive Iraq from Chapter VII during his visit to Kuwait
Posted: February 29, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Chapter VII, Chapter VII of the United Nations Charter, Iraq, iraqi list, Iraqi people, kuwait, Maliki, Nouri al-Maliki
Baghdadiya News /: the Iraqi List, said adviser Hani Ashour said the list look with interest to the visit of Prime Minister Nuri al-Maliki’s upcoming Kuwait
And hopes to contribute to the flourishing relations to remove Iraq from Chapter VII and the resolution of all differences between the two subjects. (more…)
Australian ambassador supports taking Iraq out of Chapter VII
Posted: February 29, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Australia, Baghdad, Chapter VII, Chapter VII of the United Nations Charter, Iraq, Karbala, United Nation, United Nations Security Council
29/02/2012 10:37
KARBALA, Feb. 29 (AKnews) – The Australian ambassador to Baghdad said her country supports the withdrawal of Iraq from the United Nation’s Chapter VII sanctions, adding that she visited Karbala to discuss investment opportunities.
Lyndall Sachs said in a statement during her visit on Monday: “Australia strongly supports the withdrawal of Iraq from Chapter VII, especially that it applied all its obligations by the International Security Council and the United Nations.”
A decision on Chapter VII is expected to be made by the UN Security Council in June. (more…)
MP calls for officials to invest in the liquidation of the Arab summit of Iraq’s debt
Posted: February 29, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Arab, Arab people, arab summit, Arab World, Baghdad, Chapter VII, Invasion of Kuwait, Iraq, kuwait
29/02/2012
He called for a coalition of state law Haitham Jubouri officials to invest the Arab summit scheduled for late next month, Iraq’s debt in the liquidation of some Arab countries.
It is scheduled to take place the Arab summit in Baghdad late next month after it was supposed to take place last year but was postponed to March of 2012 at the request of Iraq. (more…)
Maliki: We seek to strong, clear relations with Saudi Arabia
Posted: February 29, 2012 in Iraqi Dinar/PoliticsTags: Arab, Arab people, Baghdad, Iraq, Maliki, Nouri al-Maliki, Saudi Arabia, Syria
29/02/2012
Prime Minister Nuri al-Maliki that Iraq sought to build strong relations with the Kingdom of Saudi Arabia is based on the clarity and direct dialogue and not through intermediaries who may spoil the relationship, sometimes more than what they serve.
Pointing at the same time there is the insistence of Arab actor to attend the summit Baghdad A statement of the Prime Minister’s Office said al-Maliki in an interview with the newspaper Okaz Saudi Arabia: “There are no problematic in the presence of heads of ministries or the military tribunal to represent their countries at the summit, especially in States that have not completed the the political system until now. (more…)
Kurdistan Alliance: Oil and gas law is more important than everything and will be at the top of the agenda of the National Conference
Posted: February 29, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Council of Ministers, Democratic Patriotic Alliance of Kurdistan, HCL, Iraq, Iraqi Kurdistan, iraqi list, Kurdistan Alliance, National Conference, Political coalition
02:29:29 / 02/2012
Khandan – The Kurdistan Alliance, the formation of the Union of Petroleum and Energy will not be until after the enactment of the oil and gas, indicating that the law will be included on the agenda of the National Conference decision.
A spokesman for the Alliance supporter good: The oil and gas law is more important than everything now, because it will determine the issues outstanding between the federal government and the Kurdistan Region and the powers of the provinces and their relationship to the center, adding: We agreed on the version of the law during the current parliamentary session in line, and this dilemma will not be solved However, through it, and then if necessary to form the Federal Council of the oil or other institutions that will draw the oil policy, we will have a stand. (more…)
Iraq completes its preparations to host the Arab summit
Posted: February 29, 2012 in Iraqi Dinar/PoliticsTags: Arab, Arab League, Arab people, Baghdad, Iraq, Jalal Talabani, Ministry of Foreign Affairs, Syria
Cairo, February 29 (Rn) – The Ambassador Mowaffaq Mahdi Abboud, president of the Department of North and South America in the Iraqi Foreign Ministry said Iraq completed all preparations for the Arab summit, including the preparation and rehabilitation of facilities and buildings that host the summit and its guests as well as the security preparations and logistics.
Iraq and sent five ministers to the Arab countries to deliver a formal invitation from President Jalal Talabani to the leaders and the leaders of Arab countries to attend the summit of Baghdad. (more…)
CBI T-Bill Auction Feb 28, 2012
Posted: February 29, 2012 in Iraqi Dinar/PoliticsTags: Auction, Central Bank Iraq, Iraq, Iraqi dinar, Par value, Security (finance), Uniform price auction, Yields
The auction No. C53 for Central Bank of Iraq bills based on a uniform price auction for IQD 150’000’000’000 par value for the bills concluded on 28-2-2012.
The total public bidding is IQD 292’500’000’000 and the cut-off yield (the highest yield of the successful bidder) determined by the auction was 5.10%. (more…)
CBI Daily Currency Auction Feb 29, 2012: $212.8 million
Posted: February 29, 2012 in Iraqi Dinar/PoliticsTags: Auction, Business and Economy, Central Bank Iraq, Currency, Dinar, exchange rate, Iraq, Iraqi dinar
The latest daily currency auction was held in the Central Bank of Iraq on the 29-FEB-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 21 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 212,814,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 212,814,000 |
| Total offers for selling (US$) | —– |
Iraq Foreign Relations Committee: Iraq must get out of Chapter VII
Posted: February 28, 2012 in Iraqi Dinar/PoliticsTags: Arab World, Baghdad, Chapter VII of the United Nations Charter, International Energy Agency, Iraq, kuwait, United Nations Charter, United Nations Security Council
2/28/2012 6:59 PM
BAGHDAD / Aswat al-Iraq: The Iraqi Parliamentary Foreign Relations Commission today called the international community to play greater role in removing Iraq from UN Security Council’s Chapter VII and adopting a clear stand to support its legitimate issues, according to a statement.
The statement added that the Commission today received a delegation from the British Embassy in Baghdad. (more…)
The National: Promising signs out of Iraq for global investors
Posted: February 28, 2012 in Iraqi Dinar/PoliticsTags: Arab people, Chapter VII of the United Nations Charter, International Monetary Fund, Iraq, kuwait, middle east, United Nation, United States
With the Iraq index up nearly a fifth on last year and the release of an oil export bottleneck on track, Iraq is looking promising for investors.
The economy is set to expand 12.6 per cent this year, according to the IMF, the fastest rate in the Middle East and North Africa.
It is this speedy growth that is catching the eye of investors, to the extent that EFG-Hermes, the biggest publicly traded Arab investment bank, has started offering an equity-swap product linked to Iraqi securities.
Read More: LINK
Iraq’s Foreign Minister and delegation arrives in Kuwait
Posted: February 28, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Deputy prime minister, Foreign minister, Hoshyar Zebari, House of Al-Sabah, Iraq, kuwait, Nouri al-Maliki, Sabah
KUWAIT, Feb 28 (KUNA) — Iraqi foreign minister Hoshyar Zebari arrived in Kuwait Tuesday on top of an official delegation.
The Iraqi top diplomat was received at the airport by Deputy Premier, foreign minister and minister of state for Cabinet Affairs Sheikh Sabah Khaled Al-Hamad Al-sabah, and foreign undersecretary Khaled Al-Jarallah.
Later, Sheikh Sabah held a dinner banquet in honor of Zebari and his delegation.
Member of Iraq’s Oil and Energy Committee: Next month Oil and gas (HCL) law will be presented to parliament
Posted: February 28, 2012 in Top HeadlinesTags: Arbil, Baghdad, Conscription, HCL, House of Representatives, Law, Member of Parliament, Political coalition, State of Law Coalition
Tuesday, February 28, 2012 06:24
BAGHDAD / Baghdadiya News / .. A member of the Commission on oil and energy parliamentary Ali Fayad said his committee will be during next month’s draft oil and gas law to the parliament, Not striking that some modifications have occurred in the draft in line with the supreme interest of the country (more…)
Iraq calls for U.S. to continue the protection of its $17 billion abroad
Posted: February 28, 2012 in Iraqi Dinar/PoliticsTags: Council Ministers, Development Fund for Iraq, executive order 13303, Iraq, Ministerial Committee, Ministry of Foreign Affairs, Office of Inspector General, United Nations Security Council, United States
Article One
Erbil, February 28 (Rn) – Iraq demanded Tuesday of the United States formally extended the protection of its funds abroad for another year.
Iraq had last year formed committees to undertake the task of recovery of Iraqi funds in a number of countries after the adoption of the law of recovery of Iraqi funds abroad by the House of Representatives.
The UN Security Council voted unanimously in mid-January on the last three resolutions concerning the lifting of the embargo imposed on Iraq on the import of nuclear material for peaceful purposes and cancel the oil for food program. (more…)
Flashback 2/28/2010: PM says Iraqi dinar re-evaluation has to do with economic conditions
Posted: February 28, 2012 in Iraqi Dinar/Politics
28 February 2010
Iraqi Prime Minister Nouri al-Maliki said on Sunday that the process to re-evaluate the Iraqi dinar has to do with economic conditions that have to be strengthened.
"The Iraqi dinar has all the reasons to grow stronger thanks to an increase in revenues and development of the economy," Maliki said in response to some questions through the National Information Center.
Deputy for CBI: Project to delete the zeros from the currency-based and will be announced as soon as GOI approval
Posted: February 28, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Central bank, Currency, Deputy Governor, Economy of Iraq, Iraq, Mohammed Saleh, Saleh
On: Tuesday 28/02/2012 13:12
Baghdad (news) .. Description of the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh project to delete the three zeroes from the currency as strategic for the country as it will reduce the mass of cash circulating in the local markets.
Saleh said (of the Agency news) said on Tuesday: The central bank exceeded the advanced stages in the preparation of studies and preparations logistics task for the project to delete the three zeroes from the currency and within a specific timeframe as a reform project of the Iraqi currency. (more…)
Economist: Delete the zeros sound decision and timing appropriate
Posted: February 28, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Arabic language, Central bank, Central Bank Iraq, Currency, Deputy Governor, Iraq, iraqi, Iraqi dinar
28/02/2012
Experts at the seminar stressed the economic Mustansiriya
Addressed the economic seminar organized by the Department of Economic Studies at the Center for Arabic Studies Mustansiriya and international three studies, the economic dimensions to raise zeros from the Iraqi currency is expected to direct the new currency in circulation in early 2013.
Participated in the symposium sponsored by the President of the University Mustansiriya and Prof. Dr. Haidar Taher Saadi A number of economists and interested and Okadeimun contributed to the enrichment of the research discussions summarized the advantages and disadvantages of the process of removing zeros. (more…)
CBI Daily Currency Auction Feb 28, 2012: $212.8 million
Posted: February 28, 2012 in Iraqi Dinar/PoliticsTags: Auction, Baghdad, Central Bank Iraq, Currency, Dinar, exchange rate, Iraq, Iraqi dinar
The latest daily currency auction was held in the Central Bank of Iraq on the 28-FEB-2012. The results were as follows:
| DETAILS | NOTES |
| Number of banks | 22 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 212,816,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 212,816,000 |
| Total offers for selling (US$) | —– |
Iraqi VP sends telegram to Kuwait’s Crown Prince on National Day of Kuwait; Emphasizing development of fraternal relations and cooperation between the two countries
Posted: February 27, 2012 in Iraqi Dinar/PoliticsTags: Baghdad, Crown Prince, House of Al-Sabah, Iraq, kuwait, National Day, Saddam Hussein, Sheikh
Khuzaie looking message of congratulations to Kuwait and emphasizes the development of fraternal relations and cooperation between the two countries
26/02/2012 20:28:00
The independent Iraqi news agency / Baghdad / p. X … sent Vice President Dr. Khudair Khuzaie a congratulatory telegram to the Crown Prince of Kuwait Sheikh Nawaf Al-Ahmad Al-Sabah on the occasion of National Day of Kuwait.
Strategy of monetary policy in Iraq, c 1 / / d. The appearance of favor
Posted: February 27, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Central bank, Central Bank Iraq, exchange rate, Gross domestic product, Iraq, iraqi, Iraqi dinar, Monetary policy
On: Saturday 02/25/2012 14:43
- The entrance
A – I have put monetary policy of the Central Bank of Iraq
Specific Bakannouna number (56) for the year 2004 issue of inflation targeting and to address the rates rising and work to reduce the priority objectives to reach a state of lasting stability in the general level of prices, so by influencing the levels of liquidity and public control of the trends and at the same time to strengthen the financial sector and its balance and stability and stimulated to respond to market signals fired by the Central Bank through its monetary policy. (more…)
Economist: the necessity of activating the customs tariff and follow-up operations import of goods
Posted: February 27, 2012 in Iraqi Dinar/Politics, Top HeadlinesTags: Baghdad, Iraq, Ministry of Industry
Date: Monday 02/27/2012 13:51
Baghdad (news) .. called economic analyst Ibrahim al-Mashhadani, the need to activate the device standardization and quality control and the law of the customs tariff at the border of Iraq to limit the entry of goods bad for the country.
Mashhadani said (of the Agency news) said on Monday: the federal government that is moving towards the border crossing points and monitors operations import of goods through the activation of the customs tariff and a standardization and quality control on imported goods in order to preserve the safety of citizens from harm, the fact that most food is corrupt. (more…)
