06/12/2012 10:21
Carty, president and chief executive of “GE Healthcare” in the growth markets of Oriental and African’s 84, which covers Russia and the Commonwealth of Independent States, Turkey, Central Asia and the Middle East and Africa: “The Middle East, Pakistan and Iraq the fastest growing emerging markets in the world, and because of the concentration of large government in these markets to invest in infrastructure development for the health care sector. (more…)
Posts Tagged ‘Africa’
International companies seeking a presence in the markets of Iraq and the Middle East
Posted: December 6, 2012 in Iraqi Dinar/PoliticsTags: Africa, Central Asia, Commonwealth of Independent States, GE Healthcare, Iraq, middle east, Pakistan, Turkey
Expectations of 33% GDP growth in Iraq
Posted: November 6, 2012 in Iraqi Dinar/PoliticsTags: Africa, Baghdad, Gross domestic product, IRAC, Iraq, iraqi, Market, middle east
06/11/2012
BAGHDAD / JD / .. study showed the first of its kind conducted by TNS that the time has come to take advantage of consumer confidence and should marketers understand the motives of a population of 32 million people.
said Steve Hamilton Clark, CEO of TNS Middle East and Africa one of the largest companies marketing research in the world, that he expected Iraq to become the hot zone following business and marketers local deal quickly with the nuances of the market. (more…)
Iraq participates in meetings of the 95th session of UNCTAD conference
Posted: September 18, 2012 in Iraqi Dinar/PoliticsTags: Africa, Geneva, International trade, Iraq, Palestinian people, UNCTAD, United Nations, United Nations Conference on Trade and Development
The Ministry of Commerce announced that a delegation from the ministry represents Iraq participated in the meetings of the session (95) of the United Nations Conference on Trade and Development (UNCTAD), which kicked off on Monday in Geneva. (more…)
Economist Opinion: global economic revolutions following the Arab spring
Posted: May 29, 2012 in Iraqi Dinar/PoliticsTags: Africa, Arab, Arab people, Arab Spring, Jordan, Maghreb, Mauritania, middle east
2012-05-29 11:44:33
BAGHDAD (Iba) .. Did not rule out political and economic supporter of Jordan Hamoud for economic revolutions in different countries will punish their counterparts in the Arab social and political, in light of the financial crises experienced by the European continent and the dominance of a few of the points of the wealth. (more…)
Clinton: We must be smart, after 10 years in Iraq and Afghanistan to ensure that our interests
Posted: October 12, 2011 in Iraqi Dinar/PoliticsTags: Afghanistan, Africa, Asia-Pacific, clinton, Hillary Rodham Clinton, Iraq, Iraq War, United States
Wednesday, 12 October 2011
Written and U.S. Secretary of State Hillary Clinton in her article, “The future of U.S. policy will be determined in the Asia-Pacific and not in Afghanistan and Iraq.”
Clinton said in the article which was published in the journal “Foreign Policy in the U.S.” to the number in November under the title (the era of America in the Pacific), “The end of the war in Iraq, and start the U.S. withdraw its troops from Afghanistan, the United States stands at a pivotal point” .
She said, during the past 10 years we have dedicated substantial resources to these laid-off, and in the next 10 years we need to be smart and Mmenhgen to determine where to invest time and energy to put ourselves in the best position to maintain our leadership and to ensure that our interests and the payment of our values. “
Algeria cancels Iraq’s debt, estimated at $ 401 million
Posted: September 20, 2011 in Iraqi Dinar/PoliticsTags: Africa, Algeria, Baghdad, Debt, God, Iraq, Libya, United Nations
BAGHDAD – Babinaoz: detect Iraq’s ambassador to Algeria, Uday goodness of God that the Algerian government formally notified of their Iraqi counterparts to cancel all of Iraq’s debt estimated at more than $ 400 million.
The goodness of God in a statement to the newspaper,”the news”that he had received correspondence from the Algerian government official notification to clear all of Iraq’s debt to Algeria, which were estimated at more than $ 400 million, representing amounts owed and the benefits of it, as well as fines for delay in
payment.
China to internationalise currency
Posted: August 31, 2011 in Asian Currency MarketsTags: Africa, China, Jerramy Stevens, Renminbi, Reserve currency, Sino-African relations, Standard Bank, Zimbabwe
The gradual internationalisation of China’s renminbi will see at least 40 percent, or about US$100 billion, of China’s trade with Africa being made using the currency unit by 2015, a research study has shown.
Currency internationalisation is defined as the widespread use of a currency outside the original country.
It is determined by the demand other countries have for that currency.
This depends on the amount of business that is performed between the countries and or the perceived value of the currency as a good store of value.
CNBC: Libya to Resume Oil Production, Markets Eye Jackson Hole
Posted: August 25, 2011 in Iraqi Dinar/PoliticsTags: Africa, Agence France-Presse, Ajdabiya, Libya, Muammar al-Gaddafi, Muammar Gaddafi, Tripoli, United States
Post-Gaddafi Libya could begin pumping oil in the next few months, as rebels secured oil infrastructure around Tripoli and edged closer to taking complete control of the country. However, oil markets are shifting their attention to concerns that the US might undertake further fiscal stimulus.
Transitional National Council (TNC) forces surged into the Libyan capital on the weekend, taking much of the city. By Tuesday evening they had overrun Muammar Gaddafi’s, Bab Al-Aziziya compound, although the leader himself is yet to be found.
Rad More: http://www.cnbc.com/id/44252979
South Africa Rand, the Worst Major Currency, to Slip 7.9%, Citigroup Says
Posted: August 21, 2011 in Other CurrenciesTags: Africa, Citigroup, Currency, exchange rate, Johannesburg, London, South Africa, Swaziland
The rand, the worst-performing major currency worldwide this year, may extend losses by as much as 7.9 percent from current levels over the next year as global growth concerns damp demand for riskier assets, Citigroup Inc. said.
South Africa’s currency may decline to 7.75 per dollar over the next six to 12 months, Citigroup analysts led by London- based Jeremy Hale wrote in a research note. Citigroup previously forecast the rand would weaken to 7.20. The currency of Africa’s biggest economy gained 1.1 percent to 7.1377 per dollar by 4:31 p.m. in Johannesburg, paring its loss this year to 7.1 percent, the only one of 16 major currencies monitored by Bloomberg to decline versus the greenback.
UN Operational Rates of Exchange – Effective August 1, 2011
Posted: July 31, 2011 in Iraqi Dinar/PoliticsTags: Africa, Central Bank of Iraq, Currency, Economy of Iraq, Iraq, Iraqi dinar, middle east, Ministry of Finance
0
The Operational rates of exchange listed herein are intended only for the internal record-keeping of the United Nations. No warranty of accuracy can be given and the United Nations shall not assume any responsibility in connection with the present publication of these rates. Generally, the rates are updated monthly, based on market conditions. Adjustments are also made following official government devaluations or revaluations.
01 August 2011 Excel file
Key Rates Listed Below (Note Iraqi Dinar not listed) (more…)
Iraq to experience moon eclipse event, Saturday to Mid-June
Posted: June 4, 2011 in Iraqi Dinar/PoliticsTags: Africa, Astronomy, Earth, Eclipse, Indian Ocean, Iraq, Lunar eclipse, Madagascar
Eclipse of the moon continues to the middle of a hundred minutes of this month
Centre has announced an astronomical Iraq, Saturday, to mid-June will witness the eclipse of the moon continues to fully one hundred minutes, with the expectation that a second eclipse of the moon on the tenth of December next, but it is shorter than the next eclipse.
The director of the Center Cactus astronomical researcher Hassan cactus in an interview for “Alsumaria News”, “on Wednesday evening, the fifteenth of June will witness the eclipse entirely to the moon and will be the peak of the eclipse at the eleventh hour and thirteen minutes pm,” asserting that “most countries in Asia Europe and Africa as well as Arab countries going to see. “
Brent crude hits over $114 per barrel
Posted: February 24, 2011 in Iraqi Dinar/PoliticsTags: Africa, Brent Crude, Iraq, Libya, middle east, OPEC, Saudi Arabia, United States, West Texas Intermediate
London Brent crude futures above the level of $ 114 a barrel today
To reach its highest level in 28 months driven by growing concerns over the unrest in Libya to other top producers in the Middle East, including Saudi Arabia.
Gulf News: Egyptian currency takes a pounding
Posted: February 4, 2011 in Iraqi Dinar/PoliticsTags: Africa, al-Arabiya, bank, Cairo, Egypt, Egyptian pound, Hosni Mubarak, MarketWatch
Egyptian Pound
The currency is the most pure reflection of an economy and right now Egypt’s economy is weak.
As protesters continue to defy government curfews and take to the streets of Cairo and Egypt’s other main cities, jitters are reverberating throughout the financial markets. This is most keenly felt by financial assets closest to the troubles.
The Egyptian Exchange had to close after falling more than 10 per cent in 15 minutes. Added to this, the Egyptian pound is at its lowest level since 2005.
Egyptian billionaire Sawiris, the “Arab Net”: I and my family did not escape out of Egypt
Posted: January 30, 2011 in Iraqi Dinar/PoliticsTags: Africa, Beeline (telecommunications), Egypt, Naguib Sawiris, Orascom Telecom Holding, Politics of Egypt, Telecommunication, Telenor
Denied, a businessman, Egyptian billionaire Naguib Sawiris, his escape out of Egypt. He said in a telephone interview the “Arab Net” that he is “still in Egypt, and the reports of his escape and on board a private jet unfounded.”
And across the Sawiris concern about the conditions in Egypt and its serious consequences on the security and the country’s economy.
Minister: Oil discoveries in Upper Egypt attracts new investments
Posted: January 22, 2011 in Iraqi Dinar/PoliticsTags: Africa, Ancient Egypt, Copt, Egypt, History, Kom Ombo, Petroleum, Upper Egypt
Said the Egyptian Ministry of Petroleum said on Saturday it expects the flow of new investments from international companies for further research and exploration in seven of the promising areas in Upper Egypt.
Iraq is witnessing a partial eclipse of the sun
Posted: January 4, 2011 in Iraqi Dinar/PoliticsTags: Africa, Algeria, Baghdad, Eclipse, Greenwich Mean Time, Iraq, middle east, University of Baghdad
Saw the Iraqi provinces, on Tuesday morning, a partial eclipse will end at noon today.
A professor of astronomy at the University of Baghdad Duraid Abdul Salam said in an interview for “Alsumaria News”, “all Iraqi provinces have seen at the 10:32 minute times are GMT partial eclipse of the sun, which will peak when the 12:3 minutes this afternoon,” indicating that “the phenomenon of the eclipse will end at the 1:39 minute after noon today.”
And experienced the atmosphere of the capital Baghdad, today, cloudy rainy atmosphere, which makes the process of monitoring the eclipse with the naked eye is difficult.
Visitors snap up 100 trillion Zimbabwe bank notes
Posted: January 3, 2011 in Iraqi Dinar/PoliticsTags: Africa, Harare, Morgan Tsvangirai, Robert Mugabe, Rubik's Cube, Victoria Falls, Zimbabwe, Zimbabwean dollar
HARARE, Zimbabwe (AP) — Western visitors to Zimbabwe are looking for zeros. They’re snapping up old, defunct Zimbabwe bank notes, most notably the one hundred trillion Zimbabwe dollar bill, as an economic souvenir.
The one hundred trillion Zimbabwe dollar bill, which at 100 followed by 12 zeros is the highest denomination, now sells for $5, depending on its condition. That bill and others — among them millions, billions and trillions, were abandoned nearly two years ago, when the American dollar became legal tender in the hopes of killing off the record inflation that caused all those zeros.
Reminder: Partial Eclipse of the Sun in Iraq next Tuesday, Jan 4
Posted: January 1, 2011 in Iraqi Dinar/PoliticsTags: Africa, Asia, Central Asia, Earth, Eclipse, Iraq, Lunar eclipse, middle east, NASA, Russia, Solar eclipse, Sun, Universal Time
The first partial solar eclipse 2011 is scheduled for January 4th, 2011, and will be seen in Europe, Africa and Central Asia. This eclipse will begin at 06:40:11 UT (Universal Time)) and culminates at 11:00:54 UT. The greatest eclipse – the point of time when the distance between the Moon’s shadow axis and Earth’s center is the minimum – will happen at 08:50:35 UT over northern Sweden. If you live in northern Africa, the Middle East and Central Asia, you will be able to witness this eclipse.
