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  • James's Avatar
    Today, 12:51 PM
    This is from the Warka Bank page under the Bank Charges tab Interest Paid Annually on Savings Accounts IQD savings accounts 5% per year USD savings accounts 2% per year Certificate of Deposits (IQD) 6 months CD 5.5% 1 year CD 7%
    16 replies | 971 view(s)
  • Will-it-happen?'s Avatar
    Today, 12:05 PM
    Up again !!
    4 replies | 256 view(s)
  • Investors Iraq News's Avatar
    Today, 07:11 AM
    By John Lee. The United Nations has advertised new positions in Iraq: Political Affairs Officer, Field Missions Human Resources Document Management Assistant, United Nations Assistance Mission for Iraq (UNAMI) Administrative Assistant, United Nations Assistance Mission for Iraq (UNAMI) Programme Associate, United Nations Assistance Mission for Iraq (UNAMI) IT Client Services Assistant, United Nations Assistance Mission for Iraq (UNAMI) Driver & Logistics Clerk, United Nations Assistance Mission for Iraq (UNAMI) National Emergency Preparedness and Response Officer, Education Project Manager, Norwegian Refugee Council (NRC) ICLA Officer – Housing, Land and Property, Norwegian Refugee Council (NRC) Physician Assistant, Comprehensive Health Services (CHS) Field Coordinator, International Medical Corps Advocacy Advisor, International Rescue Committee (IRC) National Communications Officer, United Nations World Food Programme (WFP) (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 26 view(s)
  • Investors Iraq News's Avatar
    Today, 07:11 AM
    By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Senior Cluster Associate (Shelter), United Nations Assistance Mission for Iraq (UNAMI) Driver, United Nations Assistance Mission for Iraq (UNAMI) Short-Term Consultancy on Unconditional Cash Programme Review, Norwegian Refugee Council (NRC) Education Officer, Norwegian Refugee Council (NRC) Monitoring & Evaluation Officer, Norwegian Refugee Council (NRC) Administrative Assistant, Norwegian Refugee Council (NRC) Emergency Response Manager (Mosul Response), Norwegian Refugee Council (NRC) Access Coordinator, Norwegian Refugee Council (NRC) Construction Project Manager/Engineer, UN Development Programme (UNDP) National Youth Volunteer-RoL-Project Assistant, UN Development Programme (UNDP) Administrative Associate, UN Development Programme (UNDP) Resource Mgmt Associate, UN Development Programme (UNDP) Emergency Response Manager, Save the Children Food Security Cluster Co-coordinator`, Action contre la Faim – ACF International (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 20 view(s)
  • Investors Iraq News's Avatar
    Today, 07:11 AM
    This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of*Iraq Business News. Power Station Attack First Sign that Iraqi Kurdish Protestors are Ready to use Violence?Just after protests about power cuts, somebody fired rockets at a Chamchamal power station. Is this the first sign of violence, after months of protests against the local government? Although Iraqi Kurdistan’s power needs are met by the natural gas reserves in the area of Chamchamal, the people actually living in the area don’t see a lot of the benefits of their natural resources. Which is why a group of locals decided to protest this situation on January 2. Then that evening unidentified individuals launched rocket propelled grenades at the gas-fuelled power plant that provides Iraqi Kurdistan with around half of all of its energy needs. The plant was not damaged. Strangely, after the attack on the power plant, the energy being supplied to locals in Chamchamal increased. Households there had been getting about two hours of power after midnight. Now they were getting an uninterrupted supply between 10pm and 8am. Many locals said that there was a connection between their new electricity schedule and the rocket attacks. On local social media, people started making jokes about the incident. “Fire a rocket and get 24 hours of free power,” read one witty comment. “This offer is valid until the government wakes up again.” Some locals suggested that a local hero of sorts, Abdullah Kwekha Mubarak, was behind the rocket attack. Mubarak lived in Norway for almost a decade and returned to Iraqi Kurdistan in 2008; he more or less founded the Chamchamal branch of the Change movement, an opposition party that has campaigned on an anti-corruption platform in the past. In the recent past he has taken what may best be described as staunch positions. Early in 2016 Mubarak threatened to cut a gas pipeline in Chamchamal if the area didn’t get a better power supply. On January 29, the gas pipeline going from the Khor Mor gas field to Erbil was bombed leading to a disruption in work at other power plants that rely on natural gas. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 21 view(s)
  • Investors Iraq News's Avatar
    Today, 07:11 AM
    In one day, Missan had a make over with the support from the EU and UNDP through “Clean Missan in One Day Campaign” More than 10,000 volunteers have participated in “Clean Missan in One Day” Campaign. Volunteers were university and high school students, NGOs, community leaders and members of Missan local Government. Around 500 tons of waste have been collected, 800 trash containers distributed and 4,000 meters of sewages have been completely cleaned. EU Ambassador to Iraq Mr. Patrick Simonnet stated: “We care about people of Iraq – after achieving peace and security in the country, integrating environmental concerns into local development policy is of critical importance. What is even more important for us and for the people is when these policies are translated into practice. I am pleased that so many people, especially youth and women, mobilized in a common effort to improve life in their city.” Songs and theatre performed by kindergarten children marked the start of the campaign launched on 22 December 2016 by Local Area Development Programme (LADP), funded by the European Union (EU) and implemented by UNDP. Artists and painters who volunteered for the campaign painted the outside walls of seven schools and a health clinic, and more than 2,000 m of sidewalks of main streets. The volunteers also planted 1,500 trees along the main streets of Hay Al-Askry district. UNDP Gender Specialist Sundus Abbas said: “The Local Area Development Programme has encouraged this initiative as part of project activities related to improvement of service delivery to citizens. The purpose of the campaign is to encourage public institutions and citizens to cooperate in improving community services and preserving environment. The voluntary participation in the campaign represents the core of local development which enhances the citizens’ confidence of their connection to the city.” The “Clean Missan in One Day” Campaign included 9 awareness-raising lectures held in one week at schools, mosques, community and youth sport centers in Missan in cooperation with the Department of Environment and Health of Missan Governorate. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 16 view(s)
  • Investors Iraq News's Avatar
    Today, 07:11 AM
    The International Organization for Migration (IOM)’s work in community stabilization is assisting Iraqis affected by displacement and conflict to generate their own income and engage in meaningful work. This past week, IOM provided 47 displaced Iraqis with business support packages in Risafa, Baghdad. This livelihood assistance was funded by the Government of Canada and supported by the Risafa Local Council and the Baghdad Provincial Council. The project aims to empower local communities such as Risafa, which are hosting large populations of displaced Iraqis, by contributing to the socio-economic inclusion of disadvantaged individuals. IOM supports the creation of employment opportunities and re-establishment of businesses; it also provides business packages across a variety of sectors, including retail, services, hospitality, trades and small-scale manufacturing. Through the project, implemented across six governorates of Iraq, over 400 individuals have received business development services, including business development counseling. Of these, 380 individuals have received a business support package to start new businesses or enhance existing ones. These opportunities support income generation activities for 430 households, benefitting more than 2,500 people affected directly by the ongoing conflict. Mahmoud, a 31-year-old beneficiary from Fallujah, said: “Before, my life was stable. I worked as a blacksmith and I had my own shop. But the day ISIL came, I had to abandon the shop. They burned my house and destroyed my car. They told us that we should leave the city. When I came to Baghdad in 2014 I did not have anything. “I am responsible for my family. My parents are elderly. My son has a heart problem and needs expensive treatments. Now IOM has given me a generator and a popcorn machine. I will start my business right away so I can earn money in order to support my family.” Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 28 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:40 PM
    The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Baku, Azerbaijan from January 15–19, 2017 ahead of the second review of Iraq’s 36-month Stand-By Arrangement (SBA) that the IMF Executive Board approved on July 7, 2016 ( See Press Release No. 16/321). The first review under the SBA was completed on December 5, 2016 (See Press Release No. 16/540). Mr. Christian Josz, Mission Chief for Iraq, issued the following statement: “The Iraqi authorities have made good progress on implementing economic reforms under the SBA. “The Iraqi authorities and IMF staff will hold discussions on the second review of the SBA in March 2017. “During the discussions, the team met with Acting Governor of the Central Bank of Iraq (CBI), Dr. Ali Mohsen Ismail Al-Allaq, Deputy Finance Minister, Dr. Fadhil Nabee Othman, the Financial Adviser to the Prime Minister Dr. Mudher Saleh, and officials from the ministry of finance, the CBI, the ministry of planning, the ministry of oil, the State Oil Marketing Organization , the Central Statistical Office and representatives from the Kurdistan Regional Government. The team would like to thank the Iraqi authorities for their cooperation and the open and productive discussions.” (Source: IMF) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 28 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:40 PM
    From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi forces battled the last holdout jihadists in east Mosul on Thursday after commanders declared victory there and set their sights on the city’s west, where more tough fighting awaits. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 26 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:40 PM
    U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq on Wednesday, Combined Joint Task Force Operation Inherent Resolve officials reported yesterday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and remotely piloted aircraft conducted 21 strikes consisting of 24 engagements in Syria: Near Abu Kamal, two strikes destroyed a large oil tanker and an oil still. Near Bab, three strikes engaged an ISIL tactical unit and destroyed two tactical vehicles and a supply cache. Near Shadaddi, a strike destroyed a vehicle bomb. Near Raqqah, 12 strikes engaged four ISIL tactical units, six fighting positions, a house bomb, a tactical vehicle, a checkpoint, and two tunnels; suppressed four ISIL tactical units; and damaged a supply route. Near Ayn Isa, a strike engaged an ISIL tactical unit and destroyed three fighting positions and a heavy machine gun. Near Dayr Az Zawr, two strikes destroyed 20 oil refinement stills. Strikes in Iraq Attack, bomber, fighter and remotely piloted aircraft as well as rocket artillery conducted six strikes consisting of 45 engagements in Iraq, coordinated with and in support of Iraq’s government: Near Kisik, a strike suppressed an ISIL tactical unit. Near Mosul, four strikes engaged two ISIL tactical units, destroyed 49 watercraft, three ISIL-held buildings, four fighting positions, three mortars, three barges, two vehicles, a vehicle bomb facility, a command-and-control node, and three excavators; suppressed an ISIL tactical unit; and damaged two tunnels and 12 supply routes. Near Sinjar, a strike engaged an ISIL tactical unit and destroyed an unmanned aerial vehicle launch site. Task force officials define a strike as one or more kinetic events that occur in roughly the same geographic location to produce a single, sometimes cumulative, effect. Therefore, officials explained, a single aircraft delivering a single weapon against a lone ISIL vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against buildings, vehicles and weapon systems in a compound, for example, having the cumulative effect of making those targets harder or impossible for ISIL to use. Accordingly, officials said, they do not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target. Ground-based artillery fired in counterfire or in fire support to maneuver roles is not classified as a strike. Part of Operation Inherent Resolve The strikes were conducted as part of Operation Inherent Resolve, the operation to eliminate the ISIL terrorist group and the threat they pose to Iraq, Syria, and the wider international community. The destruction of ISIL targets in Syria and Iraq further limits the terrorist group’s ability to project terror and conduct operations, officials said. Coalition nations that have conducted strikes in Syria include the United States, Australia, Bahrain, Canada, Denmark, France, Jordan, the Netherlands, Saudi Arabia, Turkey, the United Arab Emirates and the United Kingdom. Coalition nations that have conducted strikes in Iraq include the United States, Australia, Belgium, Canada, Denmark, France, Jordan, the Netherlands and the United Kingdom. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 24 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:40 PM
    By John Lee. Dyncorp International LLC has been awarded a $30,790,391 modification (P00148) to foreign military sales contract (Afghanistan, Iraq, Kuwait) W58RGZ-13-C-0040 to exercise option year three of a regional management fee for aviation field maintenance services in support of the Army Aviation and Missile Command, Aviation Field Maintenance Division outside the continental U.S. operations. This requirement includes, but is not limited to, the effort necessary to reset an aircraft to a fully mission capable condition; the installation of aircraft modifications under modification work orders; and support to various units and combat aviation brigades. Work will be performed in Afghanistan, Iraq, and Kuwait, with an estimated completion date of Dec. 31, 2017. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 24 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:40 PM
    By John Lee. In a sign that Iraq is following through on the OPEC decision to cut oil output, Reuters reports that oil exports from Iraq’s southern terminals have fallen so far in January. According to loading data and an industry source, exports from southern Iraq averaged 3.25 million bpd in the first 16 days of January, down from the 3.51 million bpd record high achieved for the month of December. Under the OPEC agreement, Iraq is required to cut production by 210,000 bpd. Oil Minister Jabar Ali al-Luaibi confirmed earlier this month that Iraq will comply with the agreement. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 23 view(s)
  • Will-it-happen?'s Avatar
    Yesterday, 02:19 PM
    must be a whole bunch of new customers checking their available balance
    4 replies | 256 view(s)
  • Brazileiro's Avatar
    Yesterday, 10:56 AM
    Looks like it's down again!
    4 replies | 256 view(s)
  • Brazileiro's Avatar
    Yesterday, 10:54 AM
    No response from Mr I to a couple emails asking about the interest rates given on savings accounts even though the emails were read.
    16 replies | 971 view(s)
  • dollarsign's Avatar
    01-19-2017, 07:44 PM
    They wasted no time getting this one out. http://www.imf.org/en/News/Articles/2017/01/19/mcs01192017-Statement-by-an-IMF-Mission-on-Iraq $
    0 replies | 96 view(s)
  • Will-it-happen?'s Avatar
    01-19-2017, 05:05 PM
    Ten years jail to the director of Iraqi bank embezzled billions of dinars
    0 replies | 77 view(s)
  • Will-it-happen?'s Avatar
    01-19-2017, 04:55 PM
    up and running again !!! Well the website is, the bank is still closed !!!!!!!
    4 replies | 256 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    By Padraig O’Hannelly. To prosper in Iraq, you need to be well informed, and at Iraq Business News we are committed to providing our readers with the very best and most relevant information on the country. To that end, we are delighted to announce that GardaWorld, a global leader in comprehensive security and risk management, is making its weekly Iraq security report available to our readers. Prepared by GardaWorld’s Risk Analysis Team in the country, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments across the country, including the battle to liberate Mosul. Please click here to download the latest report free of charge. For more information on how GardaWorld’s services can support your business in Iraq, please contact Daniel Matthews, Senior Director Iraq, at daniel.matthews@garda.com Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 33 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    GE has announced that it has secured more than $1.4 billion in orders from Iraq’s Ministry of Electricity to set up power plants as well as provide technology upgrades and maintenance services. The company signed agreements that will add over two gigawatts (GW) of power and secure the delivery of ~1.75 GW of existing power to the national grid: GE will set up the Samawa and Dhi Qar Power Plants, adding 1,500 megawatts (MW) to the grid. In the first phase of the project, GE will install four 9E gas turbines in simple cycle at each site by 2018. The second phase will entail the combined cycle conversion of the 9E units. GE is also supplying advanced heat recovery steam generators (HRSG) and steam turbine technology as well as serving as the engineering, procurement and construction (EPC) contractor for the projects. Under Phase II of the Power Up Plan – a plan with the Iraqi Ministry of Electricity (MoE) for critical electricity generation and maintenance projects throughout the country – GE will add over 580 megawatts (MW) to the national grid through upgrade and rehabilitation works at four power plants. Additionally, under Power Up Plan Phase II, GE will sustain ~1.75 GW of existing power generation through the maintenance of 9E gas turbines across six different power plants in Iraq. The activities will help enhance the reliability and efficiency of Iraq’s installed base. GE has also been working with regional and international institutions to facilitate financing to help the Government of Iraq execute these and other projects. Since 2016, GE has helped the country secure $2 billion in financing for projects in the energy sector leveraging its global sourcing capabilities coupled with its strong relationships with lenders. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 33 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    Iraq has successfully closed on its offering of a $1 billion sovereign bond issuance guaranteed by the United States of America. This loan guarantee underscores the strong and enduring commitment of the United States to support the government of Iraq in this critical moment in the fight against Da’esh. As part of a comprehensive international assistance package – anchored by an International Monetary Fund (IMF)-supported reform program – this guarantee provides Iraq access to low-cost financing essential to delivering critical services to all the people of Iraq, while laying the foundation for long-term stability and growth through economic and institutional reforms. Today’s issuance of a $1 billion, five-year Iraqi sovereign bond on international markets is backed by a 100 percent guarantee by the U.S. government of the repayment of principal and interest, and was priced at a coupon rate of 2.149 percent. (Source: US State Dept) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 35 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    By John Lee. According to a report from Reuters, Anglo-Dutch Shell has signed a $210-million contract with US-based Halliburton to drill 30 wells at the Majnoon field over the next three years. The contract is expected to raise output at the field*from 220,000 barrels per day currently to*about 400,000 bpd in three years. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 47 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    By Robert Cole. The AMAR International Charitable Foundation has been providing vital mental health treatment for many hundreds of Yazidi Women who have escaped from Daesh (ISIS) captivity. Thousands are still being held, but those that have managed to escape have returned, understandably traumatised by their terrible ordeals. The majority have been raped, beaten and tortured and are now struggling to cope. With the full backing of the Dohuk Health Directorate, AMAR brought in expert professionals to train doctors and nurses in mental health practice and clinics are now running in seven IDP camps across the Kurdistan Region of Northern Iraq. 1,525 patients have already been seen by medical staff, of which more than 90% were Yazidis. AMAR has also trained community-based workers, who promote gender equality, women’s rights, and an understanding of mental health issues, providing information about gender-based violence and available mental health support networks. More than 2400 people have already benefitted from this. The success of the entire programme – called Escaping Darkness – has meant that AMAR has been very keen to expand it across Iraq. Now, thanks to a generous grant, centres will open across the country over the next few months. The total number of centres in the Kurdish region will be expanded to 12. There will be eight more in Baghdad, eight in Najaf, and another eight in Babil. Victims of Daesh violence of all faiths – Yazidi, Muslims, Christians – will be treated and the most serious cases quickly referred for specialist psychiatric treatment. In addition to these centres, the project will include six children’s activity clubs (two in Dohuk, two in Baghdad, then one each in Najaf and Babil) to support children who have been emotionally affected by conflict through the provision of fortnightly therapeutic activities such as chess, music and art. Click here to help. (Source: AMAR International Charitable Foundation) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 70 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. An Iraqi forces top commander announces they have fully retaken east Mosul from the Islamic State group, three months after a huge offensive against the jihadist bastion was launched: Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 35 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    By John Lee. The*Central Bank of Iraq (CBI)*has reported that 33 banks and 17 remittance companies took part in its currency auction on Monday. A total of $160,461,658 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 35 view(s)
  • Investors Iraq News's Avatar
    01-19-2017, 12:11 PM
    U.S. and coalition military forces continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq yesterday, Combined Joint Task Force Operation Inherent Resolve officials reported today. Officials reported details of yesterday’s strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, bomber, fighter and remotely piloted aircraft conducted 17 strikes in Syria: Near Abu Kamal, two strikes destroyed two oil wellheads, an oil tanker truck, and four pieces of oil support equipment. Near Bab, a strike engaged an ISIL tactical unit. Near Raqqa, 10 strikes engaged three ISIL tactical units; destroyed a vehicle-borne bomb, a checkpoint and a command-and-control node; damaged two supply routes; and suppressed an ISIL tactical unit. Near Ayn Isa, two strikes engaged an ISIL tactical unit and destroyed a fighting position and supply cache. Near Dayr Az Zawr, two strikes destroyed eight oil stills, an oil wellhead and a fuel truck. Strikes in Iraq Attack, bomber, fighter, rotary and remotely piloted aircraft as well as rocket artillery, conducted six strikes in Iraq, coordinated with and in support of the Iraqi government: Near Huwayjah, a strike destroyed a weapons cache, Near Mosul, five strikes engaged three ISIL tactical units; destroyed three tunnel entrances, two vehicles, three vehicle-borne bombs, three barges, a watercraft, three fighting positions, three tactical vehicles, two mortars and an artillery piece; suppressed two ISIL tactical units; and damaged a tunnel, a fighting position, and 29 supply routes. Task force officials define a strike as one or more kinetic events that occur in roughly the same geographic location to produce a single, sometimes cumulative, effect. Therefore, officials explained, a single aircraft delivering a single weapon against a lone ISIL vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against buildings, vehicles and weapon systems in a compound, for example, having the cumulative effect of making those targets harder or impossible for ISIL to use. Accordingly, officials said, they do not report the number or type of aircraft employed in a strike, the number of munitions dropped in each strike, or the number of individual munition impact points against a target. Ground-based artillery fired in counterfire or in fire support to maneuver roles is not classified as a strike. Part of Operation Inherent Resolve The strikes were conducted as part of Operation Inherent Resolve, the operation to eliminate the ISIL terrorist group and the threat it poses to Iraq, Syria, the region and the wider international community. The destruction of targets in Syria and Iraq further limits ISIL’s ability to project terror and conduct operations, officials said. Coalition nations that have conducted strikes in Iraq include the United States, Australia, Belgium, Canada, Denmark, France, Jordan, the Netherlands and the United Kingdom. Coalition nations that have conducted strikes in Syria include the United States, Australia, Bahrain, Canada, Denmark, France, Jordan, the Netherlands, Saudi Arabia, Turkey, the United Arab Emirates and the United Kingdom. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 36 view(s)
  • James's Avatar
    01-18-2017, 10:06 PM
    The Dinar Budget is 79,011,421,000 Dinar and the rate is 1182. This roughly equals a Dollar amount of $66,845,534 Exporting 3,750,000 Barrel per day at $42 per barrel. Dollar amount $157,500,000 per day? Can someone explain this? These number seem off the chart. Did I miscalculate?
    1 replies | 84 view(s)
  • James's Avatar
    01-18-2017, 06:02 PM
    {Baghdad} Euphrates News announced that the Ministry of Justice, for the issuance of special issue of the Official Gazette of the facts of Iraq’s number {4430 federal budget for fiscal year 2017 Act}. The director general of the facts of Iraq circuit Shatha Abdul Malik in a statement issued by the Ministry of Justice and the agency {Euphrates News} received a copy of it on Tuesday that ” the new issue of the official gazette included in the first chapter of the general budget for the current year revenue of $ {79011421000} Seventy – nine Trliuna one ten billion and twenty – one million dinars. ” She explained that ” the budget law also included, to calculate the realized budget from crude oil export revenues on the basis of the ability of rate {42}, forty – two dollars per barrel rate of export of {3750000} three million seven hundred and fifty thousand barrels per day, including {250000} two hundred and fifty thousand bpd from product quantities of crude oil in the Kurdistan region and {3000} barrels of Kirkuk province , fields , according to the price of $ {1182} exchange dinars per dollar, and that all revenue actually a final revenue of the public treasury for Dolh.anthy account. http://alforatnews.com/modules/news/article.php?storyid=137022 Also if you would like to read it in full... http://moj.gov.iq/wqam/4430.pdf
    1 replies | 84 view(s)
  • Investors Iraq News's Avatar
    01-17-2017, 03:46 PM
    By John Lee. Iran has reportedly appointed General Irij Masjidi as its new ambassador to Baghdad,*replacing Hassan Dana’i Fer . According to some sources, General Masjidi was previously a senior advisor to Qassim Sulaimani, Commander of the Iranian Revolutionary Guard Corp (IRGC). Al Arabiya quotes Saudi minister of state for the Gulf region Thamer Al-Sabhan — a former Saudi ambassador to Iraq — as condemning the decision, saying: “Iran appoints a war criminal and (one of the) world’s wanted men as its envoy in Iraq.” There has been no official confirmation of the appointment from either side. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 46 view(s)
  • Investors Iraq News's Avatar
    01-17-2017, 03:46 PM
    From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi troops in Mosul are pushing westwards towards the banks of the Tigris river. They hold large parts of the east of the city, once dominated by ISIL. And, in some areas like the Zuhour neighbourhood, life is returning to normal. Al Jazeera’s Rob Matheson reports: Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 63 view(s)
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