Posts Tagged ‘United Arab Emirates’

Iraq falls to fifth in the world oil reserves behind Kuwait, Saudi Arabia and the United Arab Emirates

Posted: May 5, 2013 in Iraqi Dinar/Politics
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04/05/2013

BAGHDAD / JD / .. Said a new international report on global oil reserves that Iraq ranked 5 solution within the 10 states with the highest stock, came first in the Kingdom of Saudi Arabia.

According to the report, seen by Agency / JD /: 4 Arab countries of existing Samn, namely Kuwait, Saudi Arabia and the United Arab Emirates and Iraq.

10 prize has been solved Nigeria Banaati the oil up to 37 billion barrels, followed by Libya in the ranking 9 Banaati up to 46 billion barrels. (more…)

Chalabi: There smuggling of dollars through remittances CBI

Posted: April 8, 2013 in Iraqi Dinar/Politics
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Head of the Investigative Committee on the accounts (DFI) with the Central Bank of Ahmed Chalabi and a Smuggling Dolaran by the central bank transfers abroad.

Chalabi said in a press conference held at the parliament building that “central bank sales of dollar in the 2006 – 2009 amounted to [207] billion [832] million, or an average of 56% of the total, and that the amounts sold times what Astorda Iraqi private sector in that period, “adding that” the difference between the import and what has transformed it is only for money laundering, “noting that” Iraq’s revenues from oil between 2006 – 2009 amounted to 370 billion and 847 million. ” (more…)

United Arab Emirates: Iraq will cover about 40% of the world’s oil needs during the next two decades

Posted: March 26, 2013 in Iraqi Dinar/Politics
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Editor: RS 26.03.2013 15:36

Term Press / Baghdad
Announced Crescent Petroleum Emirates, Tuesday, exceeded its investments in Iraq barrier $ 1.5 billion during the past five years, and as confirmed the presence of the potential for significant economic growth in Iraq due to rising oil production, which predicted that covers 40 percent of the needs of the world during the next two decades, called more reliance on UAE companies, which it said could “compete with foreign companies.” (more…)

MP: Kuwait is not cooperating with Iraq by reducing debt owed; Still takes 5% of Iraq’s oil revenues

Posted: March 17, 2013 in Iraq: Chapter VII
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March 17, 2013
Criticized Deputy for the rule of law continuity of Kuwait by taking money from the Iraqi people, describing it as a state is not cooperating with Iraq (more…)

Trade between Iraq and UAE reach new highs

Posted: February 7, 2013 in Iraqi Dinar/Politics
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AED 10 billion UAE trade and Iraq in 8 months

07/02/2013

BAGHDAD / JD / .. Record trade between the UAE and Iraq’s non-oil during the first eight months of 2012 to 3.1 billion dirhams, an increase significantly for the year, 2011 and who scored the entire 8.16 billion dirhams, including more than total trade between the two countries in 2011 whole, which amounted to about 6 .9 billion dirhams (more…)

Iraq is seeking to join the Gulf train project

Posted: January 31, 2013 in Iraqi Dinar/Politics
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01/30/2013

BAGHDAD / JD / .. Ministry of Transport announced Iraqi quest to join the train project Gulf, which starts from Kuwait and ends in the United Arab Emirates through Saudi Arabia.

said ministry spokesman Transport Karim Nouri / a JD /: that Iraq is seeking to be a part of a project train Gulf, as it represents its strategic level Trains in the area. (more…)

Kuwait asks UNSC to retain Iraq­-Kuwait issue on its agenda for 2013

Posted: January 25, 2013 in Iraqi Dinar/Politics
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UNSC25/01/2013 | 06:44 PM | Kuwait News

UNITED NATIONS, Jan 25 (KUNA) ­­ Kuwait on Friday requested the Security Council to retain the issue
between Iraq-­Kuwait on its agenda for the year 2013.

In a letter to the Council’s current President Masoud Khan of Pakistan, Kuwaiti Ambassador Mansour Ayyad Al­
Otaibi said “I should like to notify you that the Government of the State of Kuwait wishes to see the following
item retained on the list of matters of which the Security Council is seized: The situation between Iraq and
Kuwait.” (more…)

Dubai Chamber of Commerce and Industry opens office in Iraq

Posted: January 16, 2013 in Iraqi Dinar/Politics
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01/16/2013

BAGHDAD / JD / .. Dubai Chamber of Commerce and Industry (DCCI) for obtaining the approval of establishment of an office in Iraq.

said Director General Chamber of Commerce and Industry (DCCI) Hamad Mubarak Buamim newspaper statement UAE: We’ve got the approval from the authorities in Iraq to establish a representative office for the Dubai Chamber, said that the room started to establish offices business in the world keen to explore opportunities in world markets. (more…)

Iraq to pay Kuwait $500 million within a few days to resolve the outstanding issue of Iraqi Airways

Posted: December 12, 2012 in Iraqi Dinar/Politics
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Translation / Baghdadiya News / .. The Web site, newspaper Bloomberg, citing an official in the Iraqi Airways “that Iraq will pay $ 500 million in compensation to Kuwait in a few days to settle a dispute Iraq’s debt to Kuwait, which allows for Iraqi Airways to begin flights to Europe for the first time since 1990.” (more…)

British report: Iraq ranks the lowest in global economic rankings

Posted: December 6, 2012 in Iraqi Dinar/Politics
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Thursday, 06 December 2012 07:36 | |

London / Orr News

In November 2012 publication of the Institute of British Egatom his own index (annual prosperity), which covered 142 countries. Index is divided into eight categories are the economy, the efforts of business, governance, education, health, safety and security, personal freedom, and social capital. (more…)

Businessman: Government biggest obstacle facing us

Posted: November 13, 2012 in Iraqi Dinar/Politics
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13-11-2012 01:14 PM

Amid the recent boom in oil production in Iraq, Hoteliers must deal with corruption and lack of experience and that Atharboa for attracting weddings.

Coral Hotel in Baghdad is the first of its kind in Iraq, where most of the hotels are managed by the government or English-language ‘Let us that Nredakm’. At the entrance stands Ugandan boys dressed in a kaftan the Maroni color to greet the guests, dreamy music emitted from the hall of marble and wood. In the upstairs suite curtains hanging it polished up Price per night to $ 300. (more…)

Saleh: Iraq’s foreign debt and protect his money

Posted: October 25, 2012 in Iraqi Dinar/Politics
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Iraq’s foreign debt and protect his money
SUNDAY, OCTOBER 14, 2012 06:03

D. Appearance of Mohammed Saleh
Issued Security Council Resolution 1956 in December 15, 2010 to lift the immunity from Iraqi funds deposited in the official out of the country. The immunity based mainly on a UN Security Council resolution 1483 in May 2003 on Iraq’s exports of oil, gas and petroleum products and returns confiscated or placed under legal seizure by creditors of Iraq during the reign of the former regime. After removal of immunity is possible for Iraq to be subjected to legal action unfriendly from the remnants of trade creditors of the previous era system. (more…)

Iraq is seeking to attract the attention of investors during the World Summit Properties

Posted: October 1, 2012 in Iraqi Dinar/Politics
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01/10/2012

BAGHDAD / JD / .. Pat Iraq the focus of attention of real estate investors from the Middle East as it seeks to create about three million housing units over the next five years and the reconstruction of the country and infrastructure.

According to the Minister of Housing and Reconstruction of Iraq in a statement published by Al Bayan UAE, the government has allocated 120 billion from its budget in 2013 for this purpose, rising to $ 200 billion by the year 2015, which highlights the size of the effort required for the advancement of infrastructure and promotion of investment opportunities. (more…)

Expert: the high value of the Iraqi dinar to Dirham in Dubai banking market guide on the strength of the national economy

Posted: September 14, 2012 in Iraqi Dinar/Politics
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Date: 2012-09-14 14: 29: 21 Friday

Baghdad (News) … Financial expert stressed on behalf of the beautiful, the Iraqi dinar has begun recovering after the high value of demand in the Gulf banking markets, noting that the dinar rose worth either Dirham in Dubai banking market by (0, 26%) Evidence of the strength of the national economy. (more…)

The rise of the Iraqi dinar against the UAE dirham

Posted: September 8, 2012 in Iraqi Dinar/Politics
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09/08/2012

A report exchange market in Dubai for high Iraqi dinar against the dirham over the past week by 0.26%.

said, experts in a report published (statement) UAE: declined, relatively speaking, the movement of conversion, speculation and currency exchange last week in companies currency trading in the United Arab Emirates, and it coincided with the start of the new school year and the end of the holiday season, where decreases in this time of year liquidity in the forex markets (more…)

CBI: the existence of foreign banks in Iraq is part of Iraq’s accession requirements of the World Trade Organization

Posted: August 27, 2012 in Iraqi Dinar/Politics
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CBI said that the presence of branches of foreign banks in Iraq is an important part of Iraq’s accession requirements of the World Trade Organization.

The deputy central bank Mhaaft appearance of Mohammed Saleh today: “The Law of the Central Bank of figure 94 of 2004 allowed foreign banks to open branches in Iraq for the last open branches in various countries.” (more…)

Saturday the first day of Ramadan; Holiday will last for one month

Posted: July 20, 2012 in Iraqi Dinar/Politics
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2012-07-19 22:41:51

BAGHDAD (Iba) .. Sunni Endowment announced that on Friday will be a complement for the month of August, and will be on Saturday the first day of the month of Ramadan. (more…)

Invitation to adopt a sophisticated banking system is applied gradually and reduces the role of government

Posted: July 3, 2012 in Iraqi Dinar/Politics, Top Headlines
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03/07/2012 2:54

pay most of the economists of the banking sector much attention for his role in the development and there is a consensus that the banking sector has seen some shifts in its direction according to the shift in economic philosophy of the country in order to keep up with current developments in the world, and with the central bank and Ministry of Finance are working on improving tracks monetary and banking, but the reality of the situation and in general reflects the indicators hinder and limit the activity of this device with all its components. (more…)

Iraq participates in the First World Summit for the aviation industry in Abu Dhabi

Posted: May 24, 2012 in Iraqi Dinar/Politics
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24/05/2012

BAGHDAD / JD A delegation from the Civil Aviation Authority in the activities of the First World Summit for the aviation industry, which was held in Abu Dhabi for the period from 16-19/4/2012. (more…)

Director of Rafidain Bank: Chapter VII and foreign debt handcuffed the Bank’s work with international counterparts

Posted: May 19, 2012 in Iraqi Dinar/Politics
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19-05-2012
The Director of Rafidain Bank Alckheon Zia, that the continued survival of Iraq under Chapter VII and the accumulation of external financial debt restricted the participation of the bank with global banks, pointing to the existence of a single post to the bank with a French Arab banks the amount of shareholder (30) million dollars.

He said Alckheon (of the Agency news) on Saturday: All the posts of Foreign Affairs of the Rafidain Bank is almost over, except to participate only with a group of Arab banks of France in Paris, the contribution of (30) million dollars, pointing to the existence of other participating with Bank of Africa, but shares a financial low. (more…)

Middle East countries react to IMF actions to reduce global economic threats

Posted: April 26, 2012 in Iraqi Dinar/Politics
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Statement by His Excellency Obaid Humaid Al-Tayer
Minister of State for Financial Affairs, United Arab Emirates
On Behalf of Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Maldives, Oman,
Qatar, Syria, United Arab Emirates, and Yemen
International Monetary and Financial Committee Meeting
Saturday, April 21, 2012

(more…)

Iraq asks some countries drop the debt at the beginning of the Arab Summit

Posted: March 28, 2012 in Iraqi Dinar/Politics, Top Headlines
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BAGHDAD – Babinaoz (Reuters) – Iraq from nations involved in the Arab League summit on Tuesday to drop his debts in the period before the invasion and urged them to follow the lead of the United Arab Emirates, Algeria, which has already agreed to write off debts of Baghdad. Rafie al-Issawi said Iraqi Minister of Finance on the first day of the summit to be held in Baghdad for the first time after the war that Iraq has asked Saudi Arabia, Kuwait, Qatar, Libya, Jordan, Sudan, Egypt and Morocco to help him to settle his debts. (more…)

Zebari confirms the importance of post Gulf Cooperation Council (GCC) summit in Baghdad, the best levels

Posted: March 27, 2012 in Iraqi Dinar/Politics
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Foreign Minister Hoshyar Zebari on the importance of participation of States in the Gulf Cooperation Council summit in Baghdad and the best levels.

The Foreign Ministry statement received by all of Iraq [where] a copy of it today, that “Zebari held during the past few days a number of bilateral contacts with both the Foreign Minister of Saudi Arabia Prince Saud al-Faisal, the Prime Minister and Foreign Minister of Qatar, Sheikh Hamad bin Jassem and Foreign Minister of Bahrain Sheikh Khalid bin Khalifa, the Minister of Foreign Affairs of the United Arab Emirates Sheikh Abdullah bin Zayed, the Minister of Foreign Affairs of Kuwait, Sheikh Sabah Khaled Al-Sabah, to put them in the form of preparations for the Iraq and preparations to host the next Arab summit in Baghdad. ” (more…)

Deputy U.S. Treasury Secretary concludes visit to Iraq, discussed the international sanctions imposed on Iran and Syria

Posted: March 20, 2012 in Iraqi Dinar/Politics
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Tuesday, March 20 / March 2012 18:59

Announced that the U.S. Treasury Department to Deputy Secretary of the Treasury for Terrorism and Financial Intelligence, David Cohen, is currently visiting include Iraq, Lebanon and United Arab Emirates to discuss the international sanctions imposed on Iran and Syria in addition to the efforts of the United States continued in the fight against global terrorism. (more…)

Arab leaders discuss 24 dossiers in Baghdad summit; Recommendation for Chapter VII to end

Posted: March 10, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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(Xinhua) — The Arab leaders will discuss 24 dossiers in the coming Baghdad summit slated for March 29, an Iraqi official newspaper reported on Monday.

“There will be 24 dossiers on the table of the Arab leaders in Baghdad summit, including providing support to countries of the Arab protests (Tunisia, Egypt, Libya and Yemen), Palestine, fighting terrorism and violence, situation in Somalia and Sudan, the United Arab Emirates’ (UAE) islands in the Gulf, the water file and economic cooperation,” the state-run newspaper of al- Sabah quoted unnamed Arab source as saying. (more…)

Dabbagh says Iraq Expects Kuwait Will Write Off Loans; Maliki Asks Kuwaitis To Invest In Baghdad

Posted: March 10, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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KUWAIT CITY, March 9: The Kuwaiti suggestion to convert the compensation, which Iraq has to pay to Kuwait, into investments cannot solve the problem because Iraq is not responsible for acts committed by Saddam Hussein, spokesman of the Iraqi government Dr Ali Al-Dabbagh told Al-Anba daily.

He said Iraq has already paid $30 billion in compensation and another $4 billion last and expects Kuwait to take a lenient view of the situation given the fact the United Arab Emirates, Russia and other countries have dropped their due loans in the best interests of the Iraqi nation.

He added the Prime Minister Nouri Al-Maliki has strong desire to settle all pending files with the Kuwaiti government. (more…)

Forbes magazine: Kuwait among the richest countries in the world

Posted: February 25, 2012 in Iraqi Dinar/Politics
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24/02/2012

Kuwait came in Forbes magazine’s list of America’s richest countries in the world, ranked 15. When dissolved in Qatar in the first place worldwide, and the United Arab Emirates on the sixth of the world .

said «Forbes»: The classification of these rich countries was in accordance with each individual share of gross domestic product (GDP), and amended according to the purchasing power of about 182 countries. (more…)

Prior to Arab Summit Maliki will pay visit to Kuwait and the UAE

Posted: February 17, 2012 in Iraq: Chapter VII, Iraqi Dinar/Politics, Top Headlines
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18/02/2012

BAGHDAD – Al Sabah “Al Sabah” from a political source said Prime Minister Nuri al-Maliki will visit the United Arab Emirates United after his visit to Kuwait prior to the Arab summit in Baghdad at the end next March.

The source said that my economic cooperation and the summit of Baghdad would top the talks, al-Maliki with his UAE counterpart Mohammed bin Rashid al-Maktoum, adding that the Prime Minister will meet with UAE President Khalifa bin Zayed Al Nahyan, too. (more…)

Iraq Launches Baghdad summit projects and “ready” for the activities of the World

Posted: February 8, 2012 in Iraqi Dinar/Politics, Top Headlines
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TUESDAY, FEBRUARY 7, 2012

Authorities in Baghdad announced on Tuesday the launch of a number of projects of the Arab summit scheduled for the end of next March in the Iraqi capital, saying at the same time on the readiness of Iraq to embrace the global activities in the home.

Iraq and isolated world in the nineties of the last century after the invasion of Kuwait and subjected to international sanctions package is still a clear impact on its economy and reputation in the region.

Iraq is trying to review his muscles very slowly in the region by hosting the Arab summit in its capital, but analysts have questioned the omission by the success of Bahrain to participate. (more…)

UAE Foreign Minister: the Convention on Iraq debt relief expected soon

Posted: January 17, 2012 in Iraqi Dinar/Politics, Top Headlines
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Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs in the UAE on the depth and strength of relations between the United Arab Emirates, the Republic of Iraq in various fields, especially in the commercial field.

He said in a joint news conference with Iraqi Foreign Minister Hoshyar Zebari after the conclusion of the meeting of the Joint Committee in Abu Dhabi on Monday that “the trade continues to grow as it surpassed last year, according to preliminary indications 5.4 billion dollars despite the global economic crisis” .. noting that today’s meeting discuss various issues of importance was agreed that a clear mechanism to activate the work of the UAE-Iraqi. (more…)

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