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  • crazyfrank's Avatar
    Today, 12:21 AM
    ok now this is a new concept, that the 3044 address is actually this Al Wasata brokerage, what makes you say this?
    48 replies | 3350 view(s)
  • investindinar's Avatar
    Yesterday, 07:53 PM
    I've been trying to communicate with the Al Wasata and Al Warka folks for some time now, but somehow I can't help but get the feeling that there's some sort of disconnect between the two. Even though I've sent messages asking about the status of my request to have all of the shares held in proxy by Al Warka sent to ISX as per the original notification in January, I haven't received a clear answer about whether or not they were transferred, and what the new ISX registration number is. I've received a few messages from Mr. I, but his messages seem to indicate that all of my proxy shares were liquidated, and not transferred over to the ISX, and I was wondering how could that be if I submitted and sent everything they requested over to them on time? Al Wasata on the other hand, appears to be using the same '3044' address that Al Warka instructed everyone to use in relation to communicating back and forth regarding share transfers. I'm so confused at this point, this that I don't what to do or think except wait. Maybe we'll have a firm answer on the whereabouts of the proxy shares, when to start trading again and with whom, and when we can start making withdrawals from our accounts, in another year! I wonder if anyone else has had any luck finding out where their shares are after Al Warka announced they were liquidating shares if the proper paper work was not completed and submitted by the extended 30 day deadline? Has anyone in this forum had any luck in getting Al Warka to respond to the original request to have their proxy shares transferred and have they received a new ISX registration number with their shares transferred to the new ISX registry? Any information and/or responses to this issue would be greatly appreciated. investindinar
    48 replies | 3350 view(s)
  • crazyfrank's Avatar
    Yesterday, 03:41 PM
    Yes I would agree that is another very valid purpose for this imagery change on display. Additionally looking at the actual progression of the change, I tend to look behind the scenes of what has occurred. If I am reading too much into this let me know. As it was an sudden and immediate change, that they were motivated to make all of a sudden. As we all know the CBI is very deliberate on making any change. You can see that by the serial numbers of the imagery they chose to use for this display. If it had been a planned event they would have had on hand the initial "specimen" runs to use for this display, and they would have been very low serial numbers, for example they may have been s/n 0001 or such. What we do see are the higher serial numbers on display, as some are s/n 800 to s/n 1700. So I assume they did not plan for this imagery change. This to me indicates that they physically had this "specimen" version of the currency for some time now, and no longer physically have the lower serial numbers in their possession for such display uses any longer. They used what ever they had on hand at that moment in time. The lower serial numbers have already been issued out, and they continue to issue them out to banks for verification purposes. There is no way to see now what the most recent serial numbers are, but its safe to assume they are much higher now in the series run by now. So if this assumption is correct, then its good news in a way, as it may indicate they had already begun possibility preparing other banks (domestic or foreign) for ground level IQD currency negotiation, well prior to this new imagery display change activity.
    5 replies | 282 view(s)
  • dollarsign's Avatar
    Yesterday, 12:27 PM
    https://cbi.iq/news/view/820
    123 replies | 18830 view(s)
  • dollarsign's Avatar
    Yesterday, 12:25 PM
    . Extracting NSI files and sending them through theRTGS system and following up on their adjustments to maintain the continuity of the connection with the total system of real-time adjustments or any clearing and settlement system to be determined. Receipt of the net files of the participants' shares and subsequent reconciliation and settlement. ​$
    123 replies | 18830 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:04 AM
    The Federal Republic of Germany supports joint Ministry of Interior and UNMAS training to respond to explosive hazardsThis week marked the beginning of a 75-day training course in Anbar jointly organized by the Ministry of Interior and the United Nations Mine Action Service (UNMAS). This course will be the first of its kind, with Iraqi Police instructors and UNMAS instructors working closely side-by-side to train local police in explosive ordnance disposal (EOD) and improvised explosive devices disposal (IEDD). Explosive hazards continue to pose a significant risk for people returning to their homes, as well as for the security services providing the initial response to the explosive threat. Displaced people who are returning to former battle areas are likely to encounter explosive hazards. One of the options available to them is to contact local police who, in turn, will be the first responders. The presence of trained local police contributes to a safer environment and mitigates the risks of casualties amongst returnees. “Explosive hazard clearance remains of the utmost importance in order to allow displaced people to return to their homes. Such clearances are a vital part of our stabilisation efforts” said Dr Cyrill Jean Nunn, Ambassador of Germany to Iraq. “Therefore Germany remains committed to supporting UNMAS in this important task.” “Capacity enhancement support to enable local police response to explosive hazards is critical for the re-establishment of rule of law in liberated areas” said. Mr. Pehr Lodhammar, UNMAS Senior Programme Manager. “Germany is a crucial partner for supporting explosive hazard management training and providing advice to the Government of Iraq.” The generous contribution of EUR 4.5 million from the Federal Republic of Germany allows UNMAS to provide training and advice to National Mine Action Authorities and the Ministry of Interior to mitigate the threat from explosive hazards. This also includes a dedicated Gender Advisor who is working with relevant stakeholders (implementing partners and authorities) to mainstream gender into Mine Action processes. UNMAS continues to train local police to provide life-saving first response in affected communities. Since January 2018, more than 370 police officers have been trained as first responders and 30 police officers are now able to train other police officers in Anbar and Kirkuk Governorates. The Federal Republic of Germany remains the largest contributor to UNMAS in Iraq, providing a total of EUR 44.2 million since 2016. (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 33 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:04 AM
    By John Lee. Iraq will reportedly reduce its visa charges for Iranian pilgrims later this year. According to the report from Associated Press, the reduction will only apply to pilgrims of the “Arbaeen,” the anniversary of the passage of 40 days after the death of Shiite Imam Hussein, the Prophet Muhammad’s grandson. Visas normally cost $40, but it was not reported what the new price will be. (Source: AP) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 36 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:04 AM
    By John Lee. A former under-secretary at Iraq’s Ministry of Finance has said that* ministry has said that US sanctions on Iran will impact trade activity between Iraq and Iran and, should they persist, they will damage Iraq’s economy. Fadhil Nabi told Rudaw: “America’s sanctions on Iran will have impact on trade exchange and activity between Iraq and Iran as there is sizeable trade between the two countries in terms of oil and gas.” According to the report, while countries are yet to sever trade ties, the impact is already being felt on Iran’s economy, with the rial rapidly losing value. More here. (Source: Rudaw) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 27 view(s)
  • BatmaninIraq's Avatar
    Yesterday, 02:24 AM
    Our beautiful Arab capital, Baghdad, is preparing to celebrate its new era. A few hours away from the big event is the opening of the Baghdad project, which will turn the squares of Baghdad into beautiful oases and bright and shining in order to restore joy and smile on the lips of our great Iraqi people. The various countries of the world are making use of success experiences in various areas of life. They were the basis for the social construction of their peoples and their economic and social development. The important reason for this was the emergence of successors and innovators in the economic, financial and social conditions and crises in their countries. They are doing exceptional, creative and intellectual efforts to serve their country and their people. And these successful experiments recorded their clear creations on the spread of happiness and well-being of their communities and they are now symbols of building and growth and economic development and civilization in Iraq and the most creative and national realists. The same steps of the success and creativity makers in the world especially as Iraq is currently going through economic and financial crises and humanity is in need of creative and intellectual at home and abroad, who proved their competence and patriotism and love for Iraq and its people. These men actually appeared to work to build Iraq again was the adoption of Professor Central Bank Governor The Iraqi Professor Ali Mohsen Al – Alaq and the Central Bank Administration invited the great musician Naseer Shamma in the Baghdad project and supported and supported by the Association of Iraqi private banks and its president, Wadih al – Hanal and funded by private Iraqi banks and one government bank and the adoption of the magazine The Ministers, in coordination with the Municipality of Baghdad and under the supervision of the Central Bank of Iraq, is a real beginning for the new development structure of Iraq after a great support, confidence and confidence in our original Iraqi creators and our Iraqi private banks because the new Iraq is for its sons only its nascent sons. Iraq News Source:
    142 replies | 21655 view(s)
  • Mo Dinar's Avatar
    08-15-2018, 11:30 PM
    Me thinks it is more of a anti-counterfeiting effort in case someone decides to 'screen print' with a color printer and pass them off!
    5 replies | 282 view(s)
  • crazyfrank's Avatar
    08-15-2018, 08:06 PM
    well something or somebody obviously pushed them into making these sudden updates/improvements, and its quite possible it may have something to do with that ISO 9000 certificate you posted yesterday.
    5 replies | 282 view(s)
  • Brazileiro's Avatar
    08-15-2018, 08:01 PM
    DONE! I managed to get the cert9.db file from my ff profile on my old laptop, copied it to my new ff profile and it created the exception. Good to go on FF again :)
    3 replies | 156 view(s)
  • Brazileiro's Avatar
    08-15-2018, 05:04 PM
    hey cf, I was able to create the "exception" in Edge but not in FireFox. Worked in chrome on old pc too but I haven't downloaded chrome on the new pc. I am trying to copy my old ff profile to my one drive and if that works I'll download it to my new pc and see if that does the trick,,,
    3 replies | 156 view(s)
  • crazyfrank's Avatar
    08-15-2018, 03:35 PM
    you might try "incognito" mode............. open google chrome type CTRL+SHIFT+N try to go to website again then in incognito mode
    3 replies | 156 view(s)
  • Wolverine's Avatar
    08-15-2018, 03:20 PM
    343 replies | 8884 view(s)
  • Investors Iraq News's Avatar
    08-15-2018, 04:23 AM
    By John Lee. During his official visit to Turkey, Prime Minister Haider Al Abadi has underscored the importance of cooperation between Iraq and all neighbouring countries for the peace and security of the people of the region. His statement can be viewed here: (Source: Govt of Iraq) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 53 view(s)
  • Investors Iraq News's Avatar
    08-15-2018, 04:23 AM
    Defeat-ISIS Forces Make Progress, Require Continued Coalition SupportForces battling the Islamic State of Iraq and Syria continue to make progress. However, the environment in Iraq and Syria is complex and the defeat-ISIS forces require continued support, coalition officials said today. Army Col. Sean Ryan, the spokesman for Operation Inherent Resolve, spoke to Pentagon reporters about progress being made against the Islamic State of Iraq and Syria. He spoke via satellite from Baghdad. “In Iraq, operations continue to secure areas across the country, as Iraq security forces locate, identify and destroying ISIS remnants,” Ryan said. “Last week alone, … operations across Iraq have resulted in the arrest of more than 50 suspected terrorists and the removal of 500 pounds of improvised explosive devices.” Progress in Iraq’s Anbar Province Iraqi forces are moving in Anbar province, in the Hamrin Mountains and Samarra. Reconstruction efforts are ongoing with roads reopening in the north. Iraqi engineers “cleaned the main road between Salahuddin and Samarra of IEDs, making travel safer between the two cities,” he said. In the Baghdad area, the ISF established central service coordination cells, a program designed to use military resources to enable local communities to restore basic infrastructure and services. “Initial efforts by the coordination cells include trash collection, road openings, maintenance of water facilities,” Ryan said. Syrian Democratic Forces are preparing for the final assault on ISIS in the Middle Euphrates River Valley. The SDF is reinforcing checkpoints and refining blocking positions ahead of clearance operations in Hajin, Ryan said. Military Operations, Reconstruction in Syria In Syria, too, reconstruction efforts go hand in hand with military operations. “In Raqqa, the internal security forces have destroyed more than 30 caches containing 500 pounds of explosives discovered during the clearance operations in the past weeks,” the colonel said. ISIS remains a concern in both countries, the colonel said. “Make no mistake: The coalition is not talking victory or taking our foot off the gas in working with our partners,” he said. Defeating ISIS, he said, will require a long-term effort. “We cannot emphasize enough that the threat of losing the gains we have made is real, especially if we are not able to give the people a viable alternative to the ISIS problem,” Ryan said. “We continue to call on the international community to step up and ensure that conditions that gave rise to ISIS no longer exist in both Syria and Iraq.” (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 49 view(s)
  • Investors Iraq News's Avatar
    08-15-2018, 04:23 AM
    Third Deloitte report on Oil and Gas Review in the Iraqi Kurdistan Region, with newly added disclosures on local sales – Q1 of 2018New verified data on the Kurdistan Region’s oil exports, consumption and revenues have been published, covering the period from 1 January 2018 to 31 March 2018, after a review of the sector by the international “Big 4” audit and consulting firm, Deloitte. As promised in the last press release with the issuance of the second report in August 2018, apart from enhanced disclosures on the cash flow reconciliation and disaggregate monthly prices realised during the period; a new section on local sales has been included, identifying crude oil sold locally and average price realised. The Regional Council of Oil and Gas Affairs will continue working to enhance the reporting disclosure based on the feedback received from stakeholders. The Regional Council for Oil and Gas Affairs acknowledges the positive feedback received from stakeholders, including the international community, and reiterates its commitment to the people of Kurdistan that the two international audit firms, Deloitte and Ernst & Young, will continue to independently review the oil and gas sector, inclusive of all the streams. The Regional Council of Oil and Gas Affairs expects the release of the fourth report covering oil exports, consumption and revenues for second quarter of 2018 (1 April to 30 June) in the near future. Deloitte’s report for the first three months of 2018 is accessible through this link (PDF), in Kurdish, Arabic and English. Frequently asked questions handbook (PDF) in Kurdish, Arabic and English to help readers better understand different sections of the report. (Source: KRG) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 39 view(s)
  • Brazileiro's Avatar
    08-14-2018, 07:17 PM
    I had a security exception in FireFox unfortunately my laptop crashed and I had get a new one. Firefox 61.0.2 won't let me create a security exception though. Anyone have an idea? I was able to create the exception in edge and will probably be able to in chrome, but I use FF for everything. Any ideas/help is appreciated,,,
    3 replies | 156 view(s)
  • dollarsign's Avatar
    08-14-2018, 03:07 PM
    ​$
    123 replies | 18830 view(s)
  • Investors Iraq News's Avatar
    08-14-2018, 05:53 AM
    Prime Minister Nechirvan Barzani received the new Consul General of Germany to the Kurdistan Region, Ms. Barbara Wolf and her accompanying delegation. In the meeting, which was also attended by Kurdistan Regional Government’s representative in Germany, Mr. Dilshad Barzani, Consul General Wolf thanked the KRG for its assistance to the German Consulate General in Erbil. She stressed further developing bilateral relations and cooperation with the Kurdistan Region. She reiterated the continuation of humanitarian and military assistance, provided by Germany to the Kurdistan Region. She also stressed encouraging German companies to invest in the Region. Prime Minister Barzani congratulated Consul General Wolf for her new position and wished her success in her duties. He thanked the German government for its humanitarian and military support to the Kurdistan Region, particularly in the field of the reform of the Ministry of Peshmerga Affairs. He expressed his government’s desire to further strengthening bilateral relations. The formation of the new Iraqi government and the developments in the wider region were also discussed in the meeting. (Source: KRG) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 59 view(s)
  • Investors Iraq News's Avatar
    08-14-2018, 05:53 AM
    Jordanian Prime Minister, Omar Razzaz, on Monday met with Iraqi Defence Minister, Irfan Hayali, to discuss the Jordanian-Iraqi relations. Razzaz underlined the depth of the historic Jordanian-Iraqi relations and the keenness to enhance joint cooperation to serve the interests of both countries and their peoples. The premier also pointed to the directives of His Majesty King Abdullah II to increase cooperation and integration between the two countries. Hayali conveyed the greetings of Iraqi Prime Minister, Haider al-Abadi, to the prime minister as well as his keenness to cooperate in all civil and military fields. He pointed to the importance of the agreement signed yesterday between the two countries on military and security cooperation, exchange of expertise and information in the field of border protection, capacity development, and combating terrorism. The meeting also dealt with the Turaibeel border crossing and the need to focus on promoting trade and investment exchange and establishing a joint industrial zone near the border between the two countries. (Source: Petra) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 63 view(s)
  • Investors Iraq News's Avatar
    08-14-2018, 05:53 AM
    Petrofac has been awarded a contract worth around US$370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. Under the terms of the 34-month contract, the lump-sum engineering, procurement and construction (EPC) project scope of work includes two oil processing trains, able to process 200 kbopd. Petrofac was previously awarded a contract in 2011 and delivered engineering, procurement and construction management for the execution and completion of the existing CPF at Majnoon. Elie Lahoud, Group Managing Director, Engineering & Construction – Iraq, Oman and Saudi Arabia, commented: “We have developed a significant track record in Iraq with enhanced local delivery, successfully providing services both onshore and offshore since 2010. This important contract win demonstrates Petrofac’s long-lasting client relationships and our ongoing commitment to extending our operations in this key market that complements our broad service capabilities, international experience and expertise.” (Source: Petrofac) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 60 view(s)
  • Investors Iraq News's Avatar
    08-14-2018, 03:52 AM
    By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News.* Will Riyadh-Tehran rivalry kill Iraqi Kurdistan’s investment drive? Iraqi Kurdistan,*facing*an*acute financial crisis, has a newfound opportunity to attract desperately needed foreign investment from*Saudi*Arabia, but regional tensions between Tehran*and Riyadh could hamper its*efforts. A large Saudi trade delegation led by Sami Bin Abdullah al-Obeidi, chairperson of the Council of Saudi Chambers, and accompanied by the Saudi ambassador to Iraq and the consul general to Erbil, visited the Iraqi Kurdistan Region July 23-25, meeting*with business leaders and government officials, including Prime Minister Nechirvan*Barzani, to explore economic opportunities in the energy, agricultural, industry and tourism sectors. Although no agreements were signed, the parties agreed to work toward*expanding economic relations, as Saudi Arabia plans to establish a direct trade link from its Arar border crossing into Anbar province and on to the Kurdistan region. Click here to read more. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 60 view(s)
  • Investors Iraq News's Avatar
    08-13-2018, 08:31 AM
    By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Below is the full Arabic text and source of what was reportedly said by Abdul Alal AL-Yassiry, the Chairman of the Iraqi Centre for Economic and Investment Consultation in Karbala. What prompts me to write this commentary is only the inaccuracy of data and information he cited regarding SOMO. In other words I am not defending SOMO; its staff can and should defend themselves. Also, I am not discussing here the corruption issue, which undoubtedly and emphatically plaguing Iraq, particularly by the political parties and provincial councils; these can be discussed separately. I will provide what he says then make my comment. First; He says “SOMO sales 4 million barrels daily-4mbd”! Official data does not support this assertion at all; oil exports by SOMO during the last ten years increased from 1.879 mbd during July 2008 to 3.543 mbd in July 2018. Hence, his figure is absolutely incorrect. Second; He also says “SOMO sales oil to the companies at $10 discount of the bourse price; this is called commission”. This is also incorrect for the following reasons; SOMO does not sale all its oil through bourse (stock exchange) or according to bourse prices; however, SOMO sold a few shipments, of 2 million barrels each, through Dubai Mercantile Exchange-DME auctions since April 2017; SOMO’s marketing procedure and modality is primarily based on annually arranged “Term Contract” and the monthly export price is decided by a ministerial committee using at least three pricing equations for the three major market destinations (North America, Europe and east Asia) with different marker crudes taking into consideration the quality of the crude (API) and, specifically, sulphur contents; I have been following SOMO for years and never observed such discounts or “commission” of $10 a barrel! Between January 2016 and June 2017 oil export price for a barrel ranged between $22.21 and $42.2; can anyone believe or imagen that SOMO gives 45% and 23.7% of its officially adopted and declared price that easy without causing devastating outcry against it and the Ministry of Oil!!! Third; in his explanation or justification for this “commission” it “compensates loading loses and what is known vaporisation” Actual loading of oil into the tanker is rather rigorous operation done in the presence of the “measurement committee” and after issuing at least 13 different certificates; then SOC/now Basra Oil Company-BOC submits all these certificates to SOMO before loading oil to the tanker takes place. Nothing in these certificates refers to vaporisation that justifies such huge discount or commission. Moreover, neither oil chemistry nor different metering instruments support his claims. Fourth; Then he asserts, “What is important, these companies came through the political parties” According to Iraqi and international data the annual number of companies that buy Iraqi oil- international oil buyers-IOBs during the last 15 years ranges between 34 to 45 IOBs. Most of these IOBs are well known and many of them were also SOMO’ clients well prior to 2003. Therefore, to claim that these IOBs came through the political parties is, apart from been erroneous, it elevates the international networking and impacts of these political parties, which is laughable, but, more seriously, accuse these IOBs with “collusion”, which renders him subject to legal action. Moreover, all IEITI annual reports (prepared by different international specialised firms) provide, among others, reconciliation of oil export revenues paid by IOBs, received by SOMO and deposited in a New York bank, and provide explanation of any discrepancies over small “materiality threshold”. None of these reports provide any information supportive of his allegations. Fifth; He alleged that, “the political parties take $2 a barrel from that commission while the companies keep the $8” But he did not explain or tell: When, where and how this 2:8 split of the commission was agreed between all political parties and all IOBs; Was SOMO involved in that agreement? Oil exports occur through many shipments to each IOB for each year, so what are the modalities each political party uses to secure its share from the commission for each shipment? What are the modalities for actual payments from each IOB to each political party; to which banks these payments were transferred and deposited and what are the material evidences for such payments etc.? How come there was no discrepancy in distributing that commission as if all political parties and all IOBs work in perfect harmony!! From and based on the above comments I conclude: His knowledge and understanding of oil export system need serious revision and improvement; Allegations he made are very serious indeed and without strong, emphatic evidence, he could face legal action by SOMO/Ministry of Oil, each political party and each IOB; As he is the chairman of a consulting centre, what he had said undermines, damage and tarnish the credibility, objectivity and professionalism of his centre. Ahmed Mousa Jiyad, Iraq/ Development Consultancy & Research, Norway. 12 August 2018 —————– 11-08-2018**23:57**0**1102 ??????? ????? :???? ?????? ????? ?????? ??????? ??? ?????????? ???? ?????? ??????? ?????????? ?????????? ???????????? ?? ?????? ?? ????? ???? ?????? ?????? ????????? ?? ????? ??????* ????? ??? ???? ?? ??????? ???? ????????* ????? ??????* ?? ????? ??????? ?????? ?????* ?????* ?? ?????????? ?? ?? ??? ?????? ??????? ??????? ???????? ????? ???? ?? ??? ??? ?? ?? ????. ??? ??? ????? ??????? ?????? ??? ??????? ?????? ???????? ?? ???? ??????? ????????? ???? ?????? ????? ??* ” ?? ??????? ????? ????? ????? ??? ?????? ?????? ????? ??????? ??????? ?? ??????? ??? ???? ????? ?? ??? ??? ??? ????? ????? ???? ??? ??? ????? ?? ??? ??? ???? ?????? ???????? ??? ???? ??? ??? ??????? ?????? ????? ??? ???? ??????? ?? ? ??? ? ????? ????? ?????!!! ?? ??? ????? ????? ????? ??? ??? ?? ??? ????? ????? ????? ?? ??? ??? ?????? ?????” , ???? ?? ??????? ???????? ?????? ??????. ????? ???? ??? ??? ???? ???? ????? ????? ???? ????? ? ????? ????? ??? ??????? ??? ??? ??????? ???? ?? ????? ?? ?????? ???? ???????? ?? ???? ???? ??????? ?????? ???????? ????? ??????? ??? ???? ???????.????? ??? ??????? ???? ?? ???? ????? ?????? ??? ?????? ??????? ?? ??????? ?? ??? ??????? ??? ?????? ??? ???? ????? ????? ? ??????? ?????? ????? ?$×? ????? ????? =? ????? ????? ????? ??????? ???????. ?????? ??????? ???? ??? ???? ???? ???? ???? ?????? ?????? ????? ????? ” ?? ?? ????? ?? ????? ????????? ?? ?????? ??????? ??????? ??? ??? ???? ?????? ??? ????? ??? ??????? ???? ??? ???? ?? ??? ?? ???? ??????? ???? ???????“. ????? ??????? http://www.non14.net/102748/ Mr Jiyad is an independent development consultant, scholar and Associate with the former Centre for Global Energy Studies (CGES), London. He was formerly a senior economist with the Iraq National Oil Company and Iraq’s Ministry of Oil, Chief Expert for the Council of Ministers, Director at the Ministry of Trade, and International Specialist with UN organizations in Uganda, Sudan and Jordan. He is now based in Norway (Email: mou-jiya(at)online.no, Skype ID: Ahmed Mousa Jiyad). Read more of Mr Jiyad’s biography here. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 89 view(s)
  • michaelb4348's Avatar
    08-13-2018, 07:30 AM
    2008 you been saying this
    142 replies | 21655 view(s)
  • michaelb4348's Avatar
    08-13-2018, 07:29 AM
    Sure thing
    142 replies | 21655 view(s)
  • Investors Iraq News's Avatar
    08-13-2018, 06:10 AM
    By John Lee. Turkish and Iraqi officials have reportedly announced plans for a feasibility study in advance of opening a new border crossing point 12 kilometers west of Habur. The new crossing would be named Ovaköy. (Source: Hurriyet Daily News) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 67 view(s)
  • Investors Iraq News's Avatar
    08-13-2018, 06:10 AM
    Germany’s Siemens will upgrade one of the country’s largest gas-fired power plants. Under a new contract, Siemens will add 650 megawatts (MW) to Shatt Al Basra Gas Power Plant, which currently has a power generation capacity of 1,250 MW and consists of non-Siemens turbines operating in simple-cycle mode. Siemens will supply five of its highly-efficient steam turbines, ensuring the additional power supply comes at no extra fuel requirement. With this upgrade, the facility will be converted to operating in combined cycle mode and its overall efficiency will increase to more than 50 percent. Once the works are completed, the power plant will supply around one million Iraqis with reliable and clean electricity. Siemens was awarded the contract by China Machinery Engineering Corporation (CMEC). The developer of the project is KAR Electrical Power Production Trading FZE (KEPPT). Earlier this year, Siemens was contracted to supply two of its robust SST-5000 steam turbines to a similar project in Rumaila in Iraq, making it the first large-scale open cycle conversion project in the country. The upgrade works for both the Rumaila and the Shatt Al Basra power plants are scheduled for completion by 2020. Jean-Claude Nasr (pictured), Senior Executive Vice President, Power Generation at Siemens in the Middle East, said: “Iraq is rebuilding its power infrastructure and we are eager to support the country’s future aspirations. A reliable and efficient power supply is the backbone of a prosperous economy and today’s announcement underscores an important step towards realizing Iraq’s aspirations towards building a robust power system and a sustainable economy for its people.” Siemens recently received an order to modernize the Rumaila gas-fired power plant in Iraq, adding 700 MW to the plant. The scope of supply includes two SST-5000 steam turbines. From energy supply and industry to financing and training, Siemens outlined its roadmap and commitment to supporting the development of Iraq in February at the Iraq reconstruction conference held in Kuwait. The roadmap identified the country’s short, mid and long-term development needs. It focused on key areas including energy management, resource efficiency, education, anti-corruption and financing. It detailed how Siemens can support the country’s transformation. Siemens envisions 40 million Iraqis living in vibrant cities, powered by reliable and efficient energy; a strong industrial sector and sustainable economic development, led by world-class, home-grown talent. (Source: Siemens) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 62 view(s)
  • Investors Iraq News's Avatar
    08-13-2018, 04:03 AM
    The Iraqi Cabinet held its weekly regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Haider Al-Abadi. It approved funding to support the implementation of measures to improve public services, with a focus on electricity supply, water, health and education. It also discussed a range of policies to encourage foreign investment, and agreed measures to streamline and simplify procedures for individual investors and companies applying for entry visas and residency permits. (Source: Govt of Iraq) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 74 view(s)
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