Posts Tagged ‘middle east’

International companies intensify its activities within the Iraqi market

Posted: May 16, 2013 in Iraqi Dinar/Politics
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Screen Shot 2013-05-16 at 1.41.50 PM05/16/2013 06:50
Confirmed Ford and Lincoln that the Iraqi market has achieved higher growth rate in sales of Ford during the first quarter of this year by nearly 200 percent with the high demand for cars Taurus, Edge and Explorer and Expedition. Said Larry Bryan, Executive Director, Ford Middle East,

said: “There is no doubt that the sales for this year has seen the start of an extraordinary and powerful; The results we have achieved so far point to the success of the strategy Ford in Iraq and the countries of the region, which leads us to expand our business in these areas and one One Ford in achieving our goals., and we will continue to focus on business development in cooperation with our dealers, and strive to create models of high-quality sought by customers quotation Ford, Lincoln, includes creations and unique technologies add to the value (more…)

Iraq’s remaining compensation to Kuwait totals $11.2 billion; Full payoff expected by 2015

Posted: May 8, 2013 in Iraqi Dinar/Politics
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Kuwaiti official: Sntoa file compensation Iraqi end of 2015

08.05.2013

announced parliamentary Kuwait that his country will receive the last batch scheduled her compensation owed ​​by Iraq no later than 2015.

said Kuwaiti MP Adnan Abdul Samad said his country will take over the rest of the compensation of the Iraqi invasion $ 41 billion until 2015, noting that the United Nations total approved compensation owed ​​to Kuwait from Iraq worth $ 41 billion, and the recipient’s total so far of 29 billion U.S. dollars and the remainder of which 11.209 billion U.S. dollars. (more…)

Deputy: UN sanctions and political problems behind the decline of non-Iraqi purchases of shares in the stock market

Posted: May 7, 2013 in Iraqi Dinar/Politics
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07-05-2013 10:37 AM

Baghdad (newsletter). The Rapporteur of the Committee on the economy and investment the Kurdistan Alliance/MP/mehma Khalil, declining foreign purchases of stocks in Iraq market for securities to political feuds among the parliamentary blocs and the UN sanctions still imposed on Iraq. (more…)

Iraq participates in Washington’s training program for financial markets

Posted: May 5, 2013 in Iraqi Dinar/Politics
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Screen Shot 2013-05-05 at 2.01.15 PMIraqi delegation included a number of workers in the Securities Commission and the Iraqi market for securities in the training program and the twenty-third, which was held in Washington.

The head of the delegation and the Executive Director of the Iraqi market for securities, Taha Ahmed al-Rubaie, “Iraq has participated along with 72 countries represented bodies and financial markets of the various countries of the world.”

The program, sponsored by the U.S. Securities Commission SEC exchange of experiences among countries and the establishment of workshops on topics of trading and intermediate control procedures and instructions governing the functioning of financial markets and investor transactions.

http://bit.ly/13aMewv

“Iraq suffers from absence of national unity”, says Samarrai

Posted: May 5, 2013 in Iraqi Dinar/Politics
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Sunday, 05 May 2013 11:56 | | |

Baghdad (AIN) –The Secretary General of the Iraqi Islamic Party, Ayad al-Samarrai, pointed out that “Iraq suffers from the absence of the Uniting Iraqi Identity since a minority has believed in this aspect but many have rejected it.”

Samarrai called in an article received by AIN the Iraqi educated people to “Take their role in building the national identity on sound bases.” (more…)

Kuwait: Iraq still owes us reparations amounting to $11.2 billion

Posted: May 1, 2013 in Iraqi Dinar/Politics
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Kuwaiti government called on Iraq to continue paying 5% of its oil revenues to the Compensation Fund to ensure payment of all damages incurred by him on a regular basis.

Indicated it was waiting for the arrival of the rest of the compensation amounting {11.2} billion dollars after receiving inflated $ 2.43 billion in compensation since the beginning of the year. (more…)

2 General Directors within CBI to be referred to Integrity Commission, says Shiheli

Posted: April 25, 2013 in Iraqi Dinar/Politics
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Thursday, 25 April 2013 09:22 | | |

Baghdad (AIN) –MP, Jawad al-Shiheli, of the Parlaimentary Integrity Committee announced that the Committee will refer two General Directors in the Central Bank of Iraq to the Integrity Commission over a case related to ten tons of stolen gold.

He stated to AIN “The recent statements of the two officials are considered as a proof that condemns them.” (more…)

Central bank sales of up to $130 million at today’s meeting’ Currency Auction results for April 21, 2013

Posted: April 21, 2013 in Iraqi Dinar/Politics
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The latest daily currency auction was held in the Central Bank of Iraq on the 21-Apr-2013. 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$) 130,563,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 130,563,000
Total offers for selling (US$) —–

Exchange rates

Central bank sales of up to $130 million at today’s meeting (more…)

Source at IHEC: State of Law surpasses other competitors in Baghdad

Posted: April 20, 2013 in Iraqi Dinar/Politics
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20/04/2013 20:57:00
Baghdad (NINA) – Source at the Independent High Electoral Commission (IHEC) said that the State of Law Alliance is surpassing other competitors in Baghdad with a large percentage.

Counting votes started on Saturday afternoon, Apr. 20, immediately after closing the polls.

http://bit.ly/XX90Ih

United States cuts aid to Iraq by 10pct for next year, 2014

Posted: April 12, 2013 in Iraqi Dinar/Politics
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United States of America announced reduction of aid to Iraq in its budget next year 2014 to about 10% for the current year budget 2013 .

And published U.S. State Department on its website details of the draft budget law next year 2014 sent by U.S. President Barack Obama to Congress in a document beyond the fifty pages, and carrying notch external budget significant implications in terms of priority and increase aid to countries “Arab spring” for the stability of such assistance granted by Jordan, Lebanon, Egypt and the Palestinian Authority, while striking in the document is to reduce aid to Iraq and Afghanistan as a result of reducing the burden of military and political there with the withdrawal from Iraq and its preparation in Kabul. (more…)

Khalid Shwani: tomorrow there will be a meeting to resolve the problems between Baghdad and Erbil

Posted: April 12, 2013 in Iraqi Dinar/Politics
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2013-04-12 15:48:10

The head of the Legal Committee of the Parliament of Iraq that efforts continue to resolve the existing problems between Baghdad and Erbil in the light of meetings two days that took place between the delegation Kurdish and Iraqi Prime Minister and heads a list of the National Alliance in Baghdad.

in a statement to Kordsat said Khalid Shwani President Legal Committee of the Parliament of Iraq , said there is a meeting tomorrow to complete endeavors.

http://bit.ly/10VeRMf

Iraq, UN, and Kuwait discuss border issues; Kuwait expresses satisfaction with level of progress

Posted: April 10, 2013 in Iraqi Dinar/Politics
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The Ambassador of Iraq in Kuwait, looked at the work of border pillars
10-04-2013 02:52 PM

Baghdad (newsletter).The Ambassador briefed Iraq on Kuwait Mohammed Hussein Bahr Al-uloum, the Iraqi-Kuwaiti border and on the work of the joint committees entrusted with the maintenance of border pillars. (more…)

United Nations experts and TI hail Iraq’s efforts to combat corruption

Posted: April 10, 2013 in Iraqi Dinar/Politics
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17:55 2013-04-10

BAGHDAD – babysit -
Expressed experts of the United Nations in the fight against corruption for the high appreciation of the sincere efforts of Iraq in order to fully implement its commitments contained in the United Nations Convention against Corruption.
(more…)

Kuwait: Iraq Ambassador to Kuwait meets Kuwaiti Amir

Posted: April 8, 2013 in Iraqi Dinar/Politics
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Monday, 08 April 2013 19:19 | | |

(AIN) -Kuwait Amir, Sabah al-Ahmed al-Jaaber al-Sabah received the Iraqi Ambassador to Kuwait. (more…)

Law for confiscating funds of former regime’s officials to replace Items 76, 88 of J&A Law, says MP

Posted: April 7, 2013 in Iraqi Dinar/Politics
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Sunday, 07 April 2013 13:47 | | |

Baghdad (AIN) –MP, Jabar al-Kinani, of the Parliamentary Justice and Accountability Committee stated that the law for confiscating the funds of the officials of the former regime is done and sent to the Council of Ministers to be approved then to the parliament to be endorsed. (more…)

Allawi: Situation in Iraq is going through dangerous period that requires implementing Erbil Agreement

Posted: April 6, 2013 in Iraqi Dinar/Politics
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06/04/2013 21:54:00

Baghdad (NINA) – Leader of Iraqiya slate, Iyad Allawi, said that the situation in Iraq is going through dangerous period that requires implementing the Erbil Agreement.

In his speech announcing the slate of United Iraqiya National Alliance, Allawi said that the campaigns of intimidation and exclusion are continuing in Iraq, since many Iraqi political forces (he did not name) are subjected to insemination and exclusion and been denied to express their opinion in many forums.

Allawi added that it is clear evidence that who runs Iraq is running it in an insufficient way.

http://bit.ly/10E42wu

Economy Committee member accuses political figures of delaying endorsment of Customs Tariff law

Posted: April 5, 2013 in Iraqi Dinar/Politics
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Friday, 05 April 2013 14:55 | | |

Baghdad (AIN) –MP, Nora al-Bejari, of the Economy Parliamentary Committee accused some countries with the assistance of some political figures of delaying the endorsment of the Customs Tariff law in Iraq.

She stated to AIN on Friday “The Customs Tariff law has a political impact more than the economic impact since there are countries behind delaying the legalization of this law so they can ensure keeping Iraq as the only port to import their goods.” (more…)

Kuwait announces Iraq has completed maintenance of border signs

Posted: April 4, 2013 in Iraqi Dinar/Politics
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Kuwait: the completion of the maintenance of border signs with Iraq

04-04-2013 | (Voice of Iraq)

Director of management follow-up and coordination in the Ministry of Foreign Affairs of Kuwait Ambassador Khaled Moghames for the completion of the maintenance of border markers between Kuwait and Iraq. (more…)

Economic Committee Member: Iraq needs should use advice by international organizations, developed countries while amending investment law

Posted: April 3, 2013 in Iraqi Dinar/Politics
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03-04-2013 11:37 AM

Baghdad (newsletter). Confirmed the decision of the Commission on economy and investment Deputy/Kurdistan blocs Coalition/mehma Khalil, the importance of the use of international organizations and developed countries industrial and investment worldwide in amending the Investment Act No. 13 of 2006.

He said Khalil (News Agency): the revised investment law No. (13) of the year (2006) contains a large legal gaps discourages investment, particularly with regard to the expropriation of land and how to deal with the relevant government institutions. (more…)

Iraq gets full membership into transparency initiative; First Middle Eastern country and OPEC to achieve

Posted: April 3, 2013 in Iraqi Dinar/Politics
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Author: HAM
Editor: BK, NK 03/04/2013 17:30

The Ministry of Oil in Baghdad, on Wednesday, that Iraq is the only country in the Middle East and OPEC, which gets full membership in the Initiative Extractive Industries Transparency, while revealed quest completed monument 5000 meter at various stages of the oil industry by the end of 2013 the current, Initiative showed that there is a “strict conformity” between the companies and government data extraction on the amounts paid and received in 2010 the last of $ 52 billion. (more…)

Iraq within the first ten countries in the development opportunities

Posted: April 1, 2013 in Iraqi Dinar/Politics
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Inaugurated by Prime Minister Nuri al-Maliki, on Monday, in the capital Baghdad Investment and Business Forum Iraqi Korean, as he emphasized that Iraq has become among the first ten countries in development opportunities.

The Prime Minister said in a speech during the opening ceremony, said that “Iraq has become a part of the first ten countries in the development opportunities by reports international economic organizations,” asserting that “in front of international companies, particularly the Korean companies great opportunities to invest in Iraq after the conditions are created legal and necessary guarantees to work in all areas. ” (more…)

Ministry of Justice confirms Gazette is available which includes the 2013 Budget

Posted: March 31, 2013 in Iraqi Dinar/Politics
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17:26 2013-03-31
Justice confirms the issuance of the official Iraqi Gazette and including the current year’s budget law

The Justice Ministry confirmed the release of the latest issue of the Iraqi Gazette your federal financial budget for 2013 on time, denying non-publication of the preparation of the newspaper, because targeting the ministry earlier. (more…)

Kuwaiti PM: Issue with border is over; I am ready to go to Baghdad, even if they wanted me to go today

Posted: March 30, 2013 in Iraq: Chapter VII
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Screen Shot 2013-03-14 at 1.50.53 PM29-03-2013 06:50 PM

Baghdad (news) .. confirmed Kuwaiti Prime Minister Sheikh Jaber Mubarak Al-Sabah, said his country ended file border with Iraq and replaced what اعتراه of problematic latest compensation Iraqi farmers who were affected by maintenance of border markers between the two countries through the construction of approximately 200 residential units alternative to them in cooperation with Iraqi government.

said the morning, in a statement to the newspaper ‘Middle East’ of London, in its edition on Friday: The ‘Kuwait finished file border with Iraq and addressed file houses border on the Iraqi side and I look forward to visit Baghdad and wait for rescheduled by the brothers in Iraq’ . (more…)

Iraq banking must keep up with pace of World Development, says Iraq Arabic banks Union Member

Posted: March 28, 2013 in Iraqi Dinar/Politics
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Iraq’s accession to regional financial organizations supporting banking sector

Date posted 27/03/2013 06:34 PM

Baghdad/follow us: economic expert asserted that Iraq’s accession smeisim peace for regional economic and financial organizations would support the financial and banking sector. (more…)

Iraq Ministry of Planning: Average annual per capita income in Iraq have arrived at about four thousand dollars

Posted: March 28, 2013 in Iraqi Dinar/Politics
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Ministry of Planning announced that the average annual per capita income in Iraq have arrived at about four thousand dollars.

The ministry spokesman Abdul Zahra al-Hindawi said that “this index rise on economic growth of the country and improve the status of the Iraqi citizen who was average annual income does not exceed four hundred dollars in 2004.”

http://bit.ly/YIJGXj

Iraqi government approves law over confiscating last regime’s funds

Posted: March 26, 2013 in Iraqi Dinar/Politics
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Tuesday, 26 March 2013 16:02 | | |

Baghdad (AIN) -The Iraqi Government approved the law over reserving and confiscating the movable and immovable moneys belonging to the last regime. (more…)

Iraqi Delegation Invites Brazil to Write off the Debts on Iraq; Encourages Iraqi Investment

Posted: March 24, 2013 in Iraqi Dinar/Politics
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Called the Iraqi delegation participating in the work of the session 128 of the Inter-Parliamentary Union Brazil to write off its debts, at the same time called for Brazilian companies to invest in various fields in Iraq.

The president of the Iraqi delegation, Sheikh d. Hamoudi to head the Brazilian delegation on the Sidelines of the session 128 of the Inter-Parliamentary Union: that Iraq Racing against time and the opportunity is open to Brazilian companies now invest in different areas in Iraq , for its part, said head of the Brazilian delegation that her country is interested in the relationship with Iraq calling for conversion minutes of the meeting points process and start the formation of a parliamentary friendship committee that monitors looking at the meeting. (more…)

International community holds negative view over Iraq, says MP

Posted: March 21, 2013 in Iraqi Dinar/Politics
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Thursday, 21 March 2013 11:22 | | |

Baghdad (AIN) –Member of the Foreign Relations Parlaimentary Committee, Arkan Zebari, confirmed that the international community holds a negative view over Iraq especially the recent reports issued by the General Amnesty Organization and the United Nations. (more…)

Executive Order set to expire May 2013; Cabinet approves recommendations of the protection of Iraq’s money abroad

Posted: March 19, 2013 in Iraqi Dinar/Politics
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Published on Tuesday, 19 March / March 2013 17:34

Iraq’s Council of Ministers approved, on Tuesday, on the recommendations of the 21st meeting of the Ministerial Committee set up a mechanism to protect Iraqi funds abroad. (more…)

A new border agreement between Iraq and Kuwait

Posted: March 18, 2013 in Iraqi Dinar/Politics
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18/03/2013 13:34:00
Baghdad/ NINA /–A Kuwaiti official source announced that Iraq and Kuwait agreed to create a wide buffer zone of 500 meters on both sides of the joint border, and to move Iraqi farmers to new homes.

The source told NINA : ” Kuwait pledged under the agreement to build fifty houses inside Iraq for the farmers living near the border.

http://bit.ly/11aeh06

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