Activity Stream

Filter
Sort By Time Show
Recent Recent Popular Popular Anytime Anytime Last 24 Hours Last 24 Hours Last 7 Days Last 7 Days Last 30 Days Last 30 Days All All Photos Photos Forum Forums
  • Wolverine's Avatar
    Yesterday, 09:00 PM
    515 replies | 27708 view(s)
  • Wolverine's Avatar
    Yesterday, 05:28 PM
    515 replies | 27708 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:10 AM
    Continued Winter Assistance Needed for Displaced and Vulnerable Iraqis: IOMAs winter temperatures set in, accompanied by winds and rain, the International Organization for Migration (IOM) in Iraq has completed the three-month distribution of 25,000 winter non-food item kits. Consisting of heaters, blankets and jerry cans, the kits meet the most urgent needs of 150,000 vulnerable individuals across the country. IOM’s winterization assistance reached 13,000 displaced households in camps, thousands of displaced families in informal settlements, and thousands of others who have returned to their home communities. “Although displaced households are continuing to return to their home communities, those remaining in camps or informal settlements are often the most vulnerable and have little to protect themselves against the cold winter conditions,” said Gerard Waite, IOM Iraq Chief of Mission. In partnership with local governmental authorities, IOM prioritized distributions in hard-to-reach or insecure areas where other humanitarian partners are not present, such as in communities bordering Syria and in Qayrawan and Hatra, in Ninewa governorate. Of the 1.8 million persons who remain displaced as a result of the conflict with ISIL, over 500,000 are in camps and 140,000 live in critical shelter arrangements (informal settlements, schools or religious or abandoned buildings). More than four million people previously displaced have returned to their homes since mid-2015, but many continue to live in precarious conditions. As people return home, many have found their personal belongings stolen and their houses damaged. With massive destruction in areas of return and limited economic opportunities, returnee households are exposed to the harsh effects of winter and are unable to afford items to cope with the cold. The provision of humanitarian assistance in areas of return is therefore critical to support the reintegration of returning displaced families and other vulnerable households in conflict-affected communities. “After being displaced for a year and a half in the city of Kirkuk, we returned to our village, which was destroyed by ISIL. Everything was damaged, including our house and shop, which was our only source of income. We had to start our life from scratch, while our deteriorating financial condition and cold weather forced us to use firewood as a heating source during the chilly winter nights. We are very happy to receive these items, now we will have a heater to stay warm,” said Nora, a mother of four children, at a distribution in Al Abassi district, Kirkuk governorate. “Despite the success of this winter response operation, we are extremely concerned for the many Iraqis who remain in displacement who will have to endure another harsh winter in camps and in sub-standard shelters,” said Alberto Preato, Head of IOM Iraq’s Preparedness and Response Unit. “This year we are piloting innovative approaches to housing reconstruction and cash-based humanitarian assistance to enable displaced families return to their home communities,” he continued. IOM’s winter non-food item kits are funded by the Office of US Foreign Disaster Assistance (OFDA) and the European Civil Protection and Humanitarian Aid Operations (ECHO). As more displaced families attempt to return home, IOM remains committed to supporting the Government of Iraq to seek durable solutions for vulnerable displaced persons and address needs of conflict-affected communities throughout the country. Click here to watch a video of an IOM staff member speaking about winter support for displaced Iraqis and returnees. (Source: UN) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 27 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 04:10 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. For about 10 years, the Kurdistan Democratic Party (KDP), which controls Erbil and Dahuk provinces in Iraq, has enjoyed close working relations with the Turkish government on trade, energy and security. The main architect of this*opening has been the KDP’s Nechirvan Barzani. The KDP, unlike other Iraqi Kurdish groups, has also acted as a counterweight since the 1990s to the formidable*Kurdistan Workers Party (PKK) guerrilla movement — Turkish President Recep Tayyip Erdogan’s archenemy —*by allowing Turkey to establish a number of military bases to monitor PKK activities. However,*Barzani, prime minister of*the Kurdistan Regional Government (KRG)*since 2012, was not nominated by*the*KDP*to form the next KRG Cabinet. This is causing Erdogan to worry about the fate of a 50-year secretive energy deal made*with*Barzani in 2014. Click here to read the full story. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 30 view(s)
  • Wolverine's Avatar
    01-19-2019, 11:43 PM
    Exactly !!!
    515 replies | 27708 view(s)
  • Investors Iraq News's Avatar
    01-19-2019, 09:47 PM
    Iranian Foreign Minister Mohammad Javad Zarif met a group of Iraqi tribal leaders from south of the country in the holy city of Karbala. During the last leg of his meetings with Iraqi officials, elites and representatives of Iraqi society from various ethnicities and regions, Zarif sat for talks with the tribal leaders and clans’ representatives of southern Iraq in the consulate of the Islamic Republic of Iran in the holy city of Karbala. During the cordial meeting on Wednesday, some of Iraqi tribal leaders and representatives expressed their views and ideas about the strong bonds between the two nations of Iran and Iraq, Foreign Ministry website reported. For his part, Iran’s top diplomat referred to the close relations between the two nations over the past centuries and pointed out that nothing, even the imposed war by the former dictator of Iraq on Iran, could not separate the two nations. “The love of the third Shiite Imam, Hussein ibn Ali (AS) has served as a bond connecting us together,” he said, adding that Arbaeen, the anniversary of 40th day after the martyrdom of Imam Hussein (AS) is a beautiful picture of companionship, self-sacrifice, hospitality and sympathy between the peoples of Iran and Iraq. He also thanked Iraqi tribes for their warm hospitality to the Iranian pilgrims flocking to the holy cities of Najaf and Karbala each year to commemorate Arbaeen. Zarif then underlined that Iran and Iraq are now involved in the construction process and added the two sides should put their focus on improving the living conditions of their people through overcoming the current obstacles and preparing the ground for further economic cooperation. “Building on the two sides’ capacities, we can increase our annual trade volume by 20 billion dollars and if the ground is prepared, the Islamic Republic is ready to proudly share its achievements in energy, engineering, agriculture and trade areas with the Iraqis,” he concluded. Iranian foreign minister arrived in Iraq on Sunday afternoon and held separate meetings with various Iraqis officials from the central government in Baghdad to Kurdistan semi-autonomous region. (Source: Tasnim, under Creative Commons licence) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 48 view(s)
  • 40plus's Avatar
    01-19-2019, 09:38 PM
    This will all be made public, it will shock a lot of Americans, when they realize what many of their brothers have been saying for decades is true. If you're fit, stand up and represent, future generations depend on our doing the right thing now. Liars, thieves, and abusers must go. The current administration is accomplishing what was promised, and I think it's going to be HUGE.
    515 replies | 27708 view(s)
  • Investors Iraq News's Avatar
    01-19-2019, 07:46 PM
    Advertising FeatureRabee Securities Iraq Stock Exchange (ISX) market report (week ending: 17th January 2019). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQD642 (-4.4%) / $691 (-4.4%) (weekly change) (-2.5% and -2.7% YTD change, respectively). The number of week traded shares was 28.1 bn and the weekly trading volume was IQD10.2 bn ($8.4 mn). ISX Company Announcements According to the ISX announcement, the opening price of the IQD5.0 mn class bonds (CB125) will be IQD5,322,192 on Sunday (Jan. 20, 2019). As part of the contribution to support the Iraqi economy, the Central Bank of Iraq (CBI) announced that through its IQD1.0 trln initiative given as a maximum amount for SME projects, it gave more than IQD33 bn during 2018. Since the start of the project in May 2015 until the end of 2018, IQD73 bn were given to projects, where the trade sector got 59%, services 25%, industrial 12% and agricultural sector 4%. The initiative includes 34 banks, 33 private banks and one state bank, while the loans for these projects ranged from IQD5 mn to IQD50 mn, it could reach IQD100 mn if it is approved by the Central Bank. (CBI) Commercial Bank of Iraq (BCOI) resumed trading on Jan. 17, 2019 after discussing and approving 2017 annual financial results and deciding to distribute 3.5% cash dividend (7.3% dividend yield). Ashur International Bank for Investment (BASH) resumed trading on Jan. 17, 2019 due to disclosing its 9M18 financials. Bain Al-Nahrain Investment (VMES) resumed trading on Jan. 17, 2019 after discussing and approving 2017 annual financial results. New shares of Al-Hamraa for Insurance (NHAM) from the capital increase from IQD5 bn to IQD7 bn through 40% bonus issue resumed trading on Jan. 16, 2019. ISX requested Al Taif Islamic Bank to submit the required documents in order to start trading on the ISX as an Islamic bank. Modern Animal & Agricultural Production (AMAP) was not suspended from trading on Jan. 14, 2019 because the company fulfilled ISX request to explain why the prices touched the higher limits on Jan. 8, Jan. 9, Jan. 10 and Jan. 13, 2019. The company disclosed that they started the legal procedures to own Soft Dairy Factory (Alban Al-Rfq) and the company also added that it started maintenance and adding new equipments in Halal Dairy Factory (Al-Halal) which will lead to increase production and quality of production. Cross Transactions: 24.7 bn shares of Trust International Islamic Bank (BTRU) on Jan. 14, 2019, which represents 9.9% of BTRU capital. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 55 view(s)
  • Wolverine's Avatar
    01-19-2019, 06:20 PM
    515 replies | 27708 view(s)
  • Wolverine's Avatar
    01-19-2019, 05:26 PM
    515 replies | 27708 view(s)
  • Wolverine's Avatar
    01-19-2019, 05:16 PM
    515 replies | 27708 view(s)
  • Wolverine's Avatar
    01-19-2019, 03:38 PM
    515 replies | 27708 view(s)
  • Investors Iraq News's Avatar
    01-19-2019, 11:48 AM
    GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld’s Risk Analysis Team in Iraq, 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. 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 | 52 view(s)
  • 40plus's Avatar
    01-19-2019, 06:51 AM
    Qmap.pub ROCK AND ROLL BABY!!! :cool:
    515 replies | 27708 view(s)
  • crazyfrank's Avatar
    01-18-2019, 11:38 PM
    Tuna, this is the first time anyone I have seen anyone post about Warka physically kicking something back via physical mail. Although I myself have some personal experience with a similar situation where Mr. I himself choose to return a "package" back, and he and I both were pleasantly surprised it did indeed make it back. (say no more) Based on what you described about the UPS package condition, it arrived, it appears they opened it, reviewed it, and just now they choose to reseal it and send it back, hopefully with all intact. I am surprised it came with no explanation inside or follow up e-mail messages though. I am sure you have already generated some e-mail traffic to them asking WTF? One must agree it is a good thing they did indeed choose to send it back rather than put it into the Allahu Akbar brand shredder. Those are fairly valuable copies of personal documents to loose track of, and in a way they did you a favor by sending them back, they can be now applied to opening another account possibly with Al-Kamal brokerage, and James here can provide some guidance there for that path if you so desire. Aside from that the question remains ............... why did they send it back? my guess........... they looked it over and saw something wrong, data missing, and was unable to proceed they looked it over and a call came in from the booth and a "delay of game" plenty was called as it was beyond the stated proxy deadline, as well as the overtime extension period they have shut down the Warka ISX brokerage department and were cleaning out old business they have re-activated the Warka ISX brokerage department and saw it was in limbo and needed to close out old business
    7 replies | 271 view(s)
  • spacetuna's Avatar
    01-18-2019, 08:19 PM
    Crazyfrank- it was pretty demolished looking to be honest so it was hard to tell. My initial thought that was it was a return to sender because it had my original label with my address circled on it and and something written in Arabic. But the envelope looked like it might have been opened and taped back together. So I'm not really sure. I didn't see a new label or postage on it. Investindinar- no, I've emailed several times and haven't gotten a straight answer from them. They have responded without answering my question exactly like they did to you.
    7 replies | 271 view(s)
  • investindinar's Avatar
    01-18-2019, 06:53 PM
    I would like to know the answer to that question too, crazyfrank. By the way, spacetuna, did you have any stock shares formerly with Al Warka transferred over to the ISX? I requested those folks to do just that, back in February 2018, but so far, my questions on the whereabouts of my stock shares have never been answered. I would like to know what they did with my shares, and whether or not they sold them outright, after I asked them to transfer all of them to the ISX. Every time I send them a query on the status of my stock shares, all I get is some form of 'boiler plate' letter restating what they said earlier in February 2018. In effect, that if we didn't send over the certified documents signed off by the Iraqi embassy, etc., those shares would be sold off and the proceeds deposited into our bank account with Al Warka. investindinar
    7 replies | 271 view(s)
  • crazyfrank's Avatar
    01-18-2019, 06:13 PM
    To expand on this a bit now, was this paperwork repackaged by Warka in a new package? as if they received it, opened it, reviewed it, and then decided repack and send it back to you? or was it like a "return to sender" thing, as if it was never delivered?
    7 replies | 271 view(s)
  • spacetuna's Avatar
    01-18-2019, 06:02 PM
    So, probably unrelated.... But yesterday via UPS I received the paperwork that I had sent to Warka Bank back at the beginning of last year. The forms so that our stocks held in proxy could be transferred to the ISX. Kind of weird for them to mail it back to me after a year had gone by.
    7 replies | 271 view(s)
  • crazyfrank's Avatar
    01-18-2019, 01:59 PM
    ok well as one might have expected the translation needs a translation.............I made a follow up on this and from what I was told, this letter is the CBI asking all banks to confirm that all banks in country have already uninstalled/halted/canceled charging any percentage commissions on any currency exchanges/deposits below $30 US dollars. The translation tends to indicate something along those lines, but it is vague still. I find it odd that they use the $30 amount threshold, as well as using the US Dollar value to benchmark something like this. The speculation on this indicates this is a preliminary move, as if a pending currency value change is foreseen, and any commission charges would be detrimental at that amount, and negate/offset any commissions on exchanges below that threshold.
    7 replies | 271 view(s)
  • bultn's Avatar
    01-18-2019, 01:49 PM
    It was destroyed by idiot presidents. Now the US is trying ...
    515 replies | 27708 view(s)
  • Will-it-happen?'s Avatar
    01-18-2019, 07:28 AM
    I used a piccy translator for the main portion : To all banks/did you uninstall update Commission greetings. Later in our book labeled with numbers/201879 3733/8/13 dated. Decide to cancel work organizational purposes 13 numbered our book in DD/207/20091 of/containing ' e 315 update (%) P n ()), below the $30 deposits (20 foreign dolaraalnkodih 30 banks in the Bank as of the date/20111/. with appreciation Dr Munther Abdel Qader shaikhali Deputy Governor 5/19/1 agency.
    7 replies | 271 view(s)
  • Screaming Eagle's Avatar
    01-18-2019, 01:16 AM
    Sad but true. If things don't change CA. will be the same!!
    515 replies | 27708 view(s)
  • Wolverine's Avatar
    01-18-2019, 12:08 AM
    New exploration captures support Eni’s aggressive Middle East growth strategy By will scargill, senior oil & gas analyst, GlobalData on 1/14/2019 LONDON -- Following recent announcements of Eni S.p.A.’s acquisition of new exploration acreage in Bahrain, the UAE and Oman, Will Scargill, senior oil & gas analyst at GlobalData offers his view on their place within the company’s wider strategy: “Eni’s recent acreage captures in the Gulf are part of a strategy for major growth in the Middle East. Over the past two years the company has acquired major development and production assets, and these new exploration licenses will make it a key player in the region’s exploration in the coming years. “In March 2018, Eni announced its acquisition of interests in the producing Lower Zakum and Umm Shaif & Nasr concessions in the UAE. Combined with an increase in production from the Zubair field in Iraq – Eni’s only pre-existing production asset in the region – we expect these acquisitions to drive strong production growth. Eni's Middle East production in 2018 is estimated to have been over double the 2017 figure, with a further 20% growth expected in 2019, according to GlobalData. “On top of these production acquisitions, Eni has also secured a 25% interest in the UAE’s Ghasa sour gas development. This will add further production when the fields come on stream, expected in 2022-23. “Eni will hope to secure longer term production growth in the region through its new exploration acquisitions. Such intentions were already shown by the acquisition of Block 52 offshore Oman in 2017 and the company’s unsuccessful bidding for two blocks in last year’s Iraqi bid round. The new blocks in Bahrain, Oman and the UAE will make it a major acreage holder in the region. “Operational synergies resulting from a concerted regional growth strategy may also benefit Eni. For instance, the company hopes that the proximity of the new UAE acreage to its development and production assets may support rapid development of any discoveries, emulating the successes that it has had with this approach elsewhere.”
    0 replies | 70 view(s)
  • Wolverine's Avatar
    01-17-2019, 11:53 PM
    Lukoil has confirmed Eridu field geological model 1/10/2019 MOSCOW -- Lukoil has successfully completed testing of the fourth well as part of Eridu field (Block 10) appraisal phase in the south of Iraq. The testing resulted in the commercial flow of dry crude oil that proves the current geological model of Eridu field as effective. ​ Lukoil continues geological exploration at Block 10. For instance, the company plans to drill and test several appraisal wells and to complete 3D and 2D seismic surveys for Eridu field and the block's southern and central parts, respectively. Information Block 10, covering 5.8 Mkm2, is located 150 km west of Basra, 120 km away from West Qurna-2 field. Interests in the project: LUKOIL – 60% (operator), INPEX Corporation (Japan) – 40%. The Iraqi party to the agreement is represented by the state-owned Thiqar Oil Company.
    0 replies | 76 view(s)
  • crazyfrank's Avatar
    01-17-2019, 11:15 PM
    I was sent this letter on CBI letter head via e-mail today and I have no clue how to translate it, and i am told its something I need to learn about, can anyone here help?
    7 replies | 271 view(s)
  • crazyfrank's Avatar
    01-17-2019, 05:22 PM
    James, thanks for the heads up on this. Although I believe its safe to assume there have been a few more cash/stock dividends awarded over the last few years from other holdings, and for those of us who are in the Warka limbo category, it seems that their brokerage department is in dormant mode on these cash/stock dividends being collected. Has anyone herd any news on Warka bank? or the brokerage department at all? I do see that they are responding to password actions so they are breathing, but beyond that it seems they have gone into "radio silence" mode still aye?
    5 replies | 250 view(s)
  • Wolverine's Avatar
    01-17-2019, 02:45 PM
    ...your logic is dry as a popcorn fart
    515 replies | 27708 view(s)
  • James's Avatar
    01-17-2019, 01:22 AM
    Yes but I always send an email and ask them to act on my behalf. I check my account see when dividends have been posted. Sometimes it is a few weeks after the posting of said dividend.
    5 replies | 250 view(s)
  • Investors Iraq News's Avatar
    01-17-2019, 12:52 AM
    Iranian Foreign Minister Mohammad Javad Zarif, who is on an official visit to Iraq, highlighted the positive outcomes of the Iran-Iraq Joint Trade Conference in Baghdad and said the doubling of the bilateral trade “is on the horizon”. “Today, I, accompanied by 6 Iraqi ministers, addressed hundreds of participants at the Iran-Iraq Joint Trade Conference; exploring paths to significantly expand bilateral trade and investment,” Zarif said on his twitter account early on Tuesday. “With implementation of shared vision, doubling of annual trade volume is on the horizon,” he added in his tweet. Heading a high-ranking Iranian delegation, Zarif arrived in Baghdad on Sunday for an official visit. The visit comes against the backdrop of Iran’s efforts to boost its foreign trade in the US sanctions era. Iraq’s foreign minister said recently that his country is “not obliged” to abide by sanctions imposed by the US against Iran and would be pursuing options to continue bilateral trade. (Source: Tasnim, under Creative Commons licence) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 87 view(s)
More Activity
Powered byvBSocial.com and Block Facebook