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  • dollarsign's Avatar
    Today, 01:37 PM
    https://www.bloomberg.com/ just hit currencies, and enter the amt. https://www.bloomberg.com/markets/currencies ​$
    4 replies | 180 view(s)
  • Investors Iraq News's Avatar
    Today, 11:29 AM
    By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Oil Export, OPEC Cut Effects and Budget ImplicationsMonthly data during the first half of this year are important for Iraq for two main reasons: they reveals the test of OPEC-cuts and how Iraq is actually comply with and affected by them; and the second is the budgetary implications as far as its main thresholds: oil exports, oil prices, oil revenues and KRG oil delivery commitments. While international business, banking and financial entities, energy consulting firms, media sources among other began a wave of reporting, estimating, speculating reports on these issues, nothing of substance on these issue came from the Ministry/Minister of Oil until SOMO released today its January export data. As it is known, SOMO monthly reports are released, since 2008, and focuses mainly on oil export volume, oil revenues and average oil price. But such monthly report does not cover oil production and does not cover KRG production and exports; and since the Ministry has imposed anti-transparency environment by terminating the publication of data on oil production and its allocation since September 2016, I used reputable international sources to acquire the missing data. This brief intervention has three parts: First part provides assessment of oil export performance for 2016 and concluding that due to lower oil prices and oil exports had resulted in more than 26% deficit in the budgeted oil export revenues. The second focuses on January oil export and its implication for budget 2017; concludes that first month of OPEC accord worked contrary to Iraq’s interest and, thus, warns against any call based on non-consolidated improvement of oil prices while ignoring the whole picture. The third part assesses Iraq compliance with OPEC cut of November 2016 through different sources of estimation and raises the possibility missing significant volume of oil produced during January. Finally, the paper concludes by requesting the Ministry/Minister of Oil to clarify any ambiguities by making full, accurate and transparent disclosure of data and give convincing explanation; and stands against unjustified early revision of the state budget. Please click here to download Ahmed Mousa Jiyad’s full report. Mr Jiyad is an independent development consultant, scholar and Associate with 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@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 | 6 view(s)
  • Investors Iraq News's Avatar
    Today, 11:29 AM
    By John Lee. Iraq has reportedly signed a $500-million agreement with Swiss-Swedish ABB to implement energy transmission projects. Reuters quotes Prime Minister Haider al-Abadi’s office as saying on Sunday that the agreement was signed between the company and the government of Iraq for the Ministry of Electricity. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 4 view(s)
  • Investors Iraq News's Avatar
    Today, 11:29 AM
    Advertising FeatureIBBC Spring Conference 2017 Iraq: Rising Confidence Monday 3 April at Mansion House, London Baroness Nicholson of Winterbourne, IBBC President, the Executive Committee and Council Members, are pleased to invite you to the IBBC Spring Conference to be held on Monday 3 April 2017 at the prestigious Mansion House in London.*The conference is the place to hear about the latest developments in Iraq from top level UK and Iraqi officials, businessmen and academics. The IBBC Spring Conference has developed into a crucial event for the development and investment of Iraq globally, and this year’s agenda is once again shaping up tremendously, with the Lord Mayor of the City of London, Dr Andrew Parmley, having agreed to open the conference. The keynote speaker at the conference is Tobias Ellwood, UK*Minister for Middle East and Africa, FCO. Other confirmed speakers include: Frank Baker OBE, Her Majesty’s Ambassador to Iraq Marcus Antonini, Vice President and Country Chairman, Shell*Iraq Alistair Kett, Partner, PwC Christian Josz, Deputy Division Chief, Middle East and Central Asia Department, International Monetary Fund (IMF) Dr Raja Al Marzoqi, President, Gulf Monetary Council Louis Taylor, Chief Executive, UK Export Finance Fethi Kirdar, Chief Business Development Officer, Moby Group Omar Hassan, Founder & CEO, Inevert Our theme this year is ‘Iraq: Rising Confidence’.*With an increasingly secure climate, international monetary loans, and an appetite for business and civic investment, IBBC has convened the top experts involved with business in Iraq to discuss the best economic and investment strategies to benefit from Iraq’s Rising Confidence in 2017. Topics on the agenda include: Power/electricity supply Finance Oil and Gas Technology, Growth and Innovation Iraq after ISIS: Challenges and Opportunities Each session will emphasise the business opportunities for UK-based companies. Baroness Nicholson of Winterbourne will host*a reception*for delegates and special guests following the conference at the nearby venue of Searcy’s at 18:30. The IBBC team looks forward to seeing you at the Spring Conference. Click here to register. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 4 view(s)
  • Investors Iraq News's Avatar
    Today, 11:29 AM
    By John Lee. Reuters reports that four bombs caused damage and fire on Saturday near a minor pipeline that delivers crude oil from the Bai Hassan oilfield to a degassing station in Kirkuk. Sources at the state-run North Oil Company (NOC) told the news agency that pumping had already been halted at the time of the blasts due to for maintenance. (Source: Reuters) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 6 view(s)
  • Investors Iraq News's Avatar
    Today, 11:29 AM
    By John Lee. Saudi Arabia’s foreign minister Adel al-Jubeir has met senior Iraqi officials in Baghdad, in the first such visit by a Saudi foreign minister since 1990. Last year, the Saudis appointed an ambassador in Iraq for the first time in a quarter of a century, but later demanded his removal after he made critical remarks about Iranian influence in Iraq. (Sources: BBC News, Iraqi Ministry of Foreign Affairs) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 4 view(s)
  • Investors Iraq News's Avatar
    Today, 11:29 AM
    From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraqi forces battled jihadists in west Mosul Sunday, aiming to build a floating bridge across the Tigris to establish an important supply route linked to the recaptured east bank: Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 11 view(s)
  • Kickabuck's Avatar
    Today, 06:58 AM
    millionairetobe71, you were the laughingstock of the forum as the election unfolded with your high and mighty attitude, many find that hilarious! Thank god you only hid and ate crow for a month or so...now that you are back, you're once again the clown in the circus! You have no right to demand things, you have no right to tell anyone how to think, you're the puppet! Many of us here have a lot of cash, after all, we threw a grubstake at Iraq! If your wallet was as big as your mouth, you would already be a millionaire...you should STFU and learn how to make real money instead of crying like a titty baby every day, your kind makes me sick. Grow Up!
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    Today, 05:35 AM
    Absolutely no one in their right mindset wants to work for and with The Orangy Racoon..... Trump's choice to be Navy secretary withdraws Ken Thomas, Associated Press Updated 9:30 pm, Sunday, February 26, 2017 WASHINGTON (AP) — President Donald Trump's choice to be secretary of the Navy, businessman Philip Bilden, said Sunday he was withdrawing from consideration for the post, citing concerns about privacy and separating himself from his business interests. Bilden's withdrawal raises similar issues to that of Vincent Viola, Trump's nominee for Army secretary who stepped aside earlier this month. Just last week, the Pentagon sought to tamp down reports that Bilden might pull out. Bilden was an intelligence officer in the Army Reserve from 1986-1996. He relocated to Hong Kong to set up an Asian presence for HarbourVest Partners LLC, a global private equity management firm. Bilden recently retired from HarbourVest Partners after 25 years.
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    Today, 05:31 AM
    This is Donaldof Trumpler getting his face ready for action..... Why is he looking like an albino orangy racoon?....
    5133 replies | 169489 view(s)
  • pirata's Avatar
    Today, 12:34 AM
    Link please,very interesting!!
    4 replies | 180 view(s)
  • dollarsign's Avatar
    Yesterday, 10:57 PM
    :cool: $
    4 replies | 180 view(s)
  • millionairetobe71's Avatar
    Yesterday, 09:15 PM
    Saturday, Feb 25, 2017 09:59 AM EST Constitutional collapse: Why we could be on the verge of a democratic apocalypse If Trump gain full control, he will have the power to amend the Constitution into his own authoritarian image Les Leopold, AlterNet As Donald Trump vilifies the press, the courts, immigrants, Muslims, Democrats, protesters and anyone who disagrees with him, it isn’t hard to imagine a modern-day Mussolini — or worse.
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    Yesterday, 09:13 PM
    Do you also have a Russian Flag right in front of your house like your compadres???.... I bet you do.....I bet you do.....
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    Yesterday, 09:11 PM
    Trump to address nation sandbagged by record low approval rating: NBC/WSJ poll John Harwood@johnjharwood 7 Hours Ago President Donald Trump will address the nation on Tuesday night saddled with the lowest approval ratings of any new chief executive in modern American history, a new NBC News/Wall Street Journal Poll shows. Just 44 percent of Americans approve of Mr. Trump's performance as president, while 48 percent disapprove, according to the survey. Presidents Barack Obama, George W. Bush, Bill Clinton and George H.W. Bush all had significantly positive net approval ratings at the outset of their terms. A 52 percent majority calls early challenges the Trump White House has faced unique to his administration and an indication of real problems. Some 43 percent call them typical growing pains for new presidents. These results signal difficulty for the president in his attempt to use his address to a joint session of Congress to broaden support for his policy agenda. Republicans hold enough seats in the House and Senate to answer his call for repealing and replacing Obamacare and overhauling the tax system without help from Democrats. But they have no consensus on either subject so far and little margin for error. As is typical in the modern American party system, opinions on the president and major issues divide sharply according to party affiliation. Mr. Trump retains overwhelming approval from fellow Republicans. But some intra-party unease shows up when Americans are asked who they want taking the lead on national policy. More say Democrats in Congress (37 percent) than Mr. Trump (33 percent). That's because 19 percent— including one-third of all Republicans —prefer that the Congressional GOP take the lead. The survey underscores public relations challenges facing the media as well as Mr. Trump. Majorities of Americans say that the media is overstating problems in the Trump White House (53 percent) and has been too critical (51 percent). By historical standards, Mr. Trump has fared well on his pick to fill a Supreme Court vacancy. Some 32 percent say they favor Neil Gorsuch's nomination, while 20 percent are opposed and 47 percent have no opinion. That mirrors findings with other recent court nominees. Confidence in the economy, meanwhile, remains stable. A 41 percent plurality expects the economy to improve in the next year, while 36 percent expect it to stay about the same and 21 percent expect it to get worse. Those numbers virtually match sentiment from mid-December. The telephone survey of 1,000 adults, conducted Feb. 18-22, carries a margin for error of 3.1 percentage points. He needs to be impeached now. We need to get Master Grand Putin puppet out of our Oval Office the soonest.
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    Yesterday, 09:08 PM
    Did you came from Mars?.....Or what world are you living in?....LOL...
    5133 replies | 169489 view(s)
  • odus1000's Avatar
    Yesterday, 08:17 PM
    Fantastic news... I almost ready to cash in...
    4 replies | 180 view(s)
  • odus1000's Avatar
    Yesterday, 07:57 PM
    Nice to have a non-globalist in as president. ... MAGA...LOCK HER UP....
    5133 replies | 169489 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 07:55 PM
    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, 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 | 30 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 07:55 PM
    Advertising FeatureRabee Securities Iraq Stock Exchange (ISX) market report (week ending: 23rd Feb 2017). Please click here to download a table of listed companies and their associated ticker codes. The RSISX index ended the week at IQ1092 (+1.9%) / $1112 (+2.7%) (weekly change) (+13.8% and +17.4% YTD change, respectively). The number of week traded shares was 7.5bn and the weekly trading volume was IQD5.8bn ($4.5mn). ISX Company Announcements The CBI announced its capability to cover Iraq’s international liabilities and at the same time to finance its foreign trade. It confirmed that the reserves of foreign currency are within “international standards.” CBI announced the size of Iraq’s reserves of foreign currency at $49bn amount. (Alsumaria) Economy Bank for Investment (BEFI) will hold a GA on Mar. 8, 2017 to discuss increasing the capital and electing new BoD. ISX will suspend trading of BEFI starting on Mar. 2, 2017. Al-Ameen Estate Investment (SAEI) will hold AGM* on Mar. 6, 2017 to discuss and approve 2015 annual financial results. ISX will suspend trading of SAEI starting on Mar. 1, 2017. New shares of Al-Arabiya Islamic Bank (BAAI) from the capital increase to IQD250bn through 150% rights issue resumed trading on Feb. 23, 2017. Al-Kindi of Veterinary Vaccines Drugs (IKLV) resumed trading on Feb. 21, 2017 after discussing and approving 2015 annual financial results. Kurdistan International Bank (BKUI) announced that the ownership of Khan Adil Disko increased to 35.9bn shares, which represents 8.98% of BKUI capital and ownership of Bahra Muhammed Yassin decreased to 31.8bn shares, which represents 7.95% of BKUI capital. Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 30 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 07:55 PM
    U.S. and coalition military forces continued to attack the Islamic State of Iraq and Syria 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 Coalition military forces conducted 18 strikes consisting of 24 engagements against ISIS targets in Syria: Near Shadaddi, a strike destroyed a vehicle-borne bomb. Near Raqqa, three strikes engaged an ISIS tactical unit and destroyed a vehicle, a tactical vehicle and a mortar system. Near Dayr Az Zawr, seven strikes destroyed six oil wellheads, an oil tanker truck and a front-end loader. Near Palmyra, seven strikes engaged two ISIS staging areas and an ISIS tactical unit; destroyed five storage units, three tanks, two vehicles, an oil storage tank, a pump jack and an ISIS-held building; and damaged two oil storage tanks. Strikes in Iraq Coalition military forces conducted 23 strikes consisting of 84 engagements against ISIS targets in Iraq, coordinated with and in support of Iraq’s government: Near Huwayjah, a strike destroyed an ISIS headquarters. Near Beiji, seven strikes engaged five ISIS tactical units and destroyed five vehicles, two ISIS compounds and a tunnel entrance. Near Kisik, two strikes destroyed an ISIS headquarters and an ISIS-held building. Near Mosul, seven strikes engaged four ISIS tactical units; destroyed 15 fighting positions, 11 mortar systems, three vehicles, three weapons caches, two ISIS-held buildings, two vehicle-borne bombs, a sniper position, an ISIS headquarters, two heavy machine guns, an artillery system, an unmanned-aerial-vehicle staging area and a supply cache; and suppressed 14 mortar teams, two ISIS tactical units, an artillery team and a rocket-propelled-grenade team. Near Tal Afar, six strikes destroyed four ISIS headquarters, a vehicle and a tactical vehicle. Part of Operation Inherent Resolve These strikes were conducted as part of Operation Inherent Resolve, the operation to destroy ISIS in Iraq and Syria. The destruction of ISIS targets in Iraq and Syria also further limits the group’s ability to project terror and conduct external operations throughout the region and the rest of the world, task force officials said. The list above contains all strikes conducted by fighter, attack, bomber, rotary-wing or remotely piloted aircraft; rocket-propelled artillery; and some ground-based tactical artillery when fired on planned targets, officials noted. Ground-based artillery fired in counterfire or in fire support to maneuver roles is not classified as a strike, they added. A strike, as defined by the coalition, refers to one or more kinetic engagements that occur in roughly the same geographic location to produce a single or cumulative effect. For example, task force officials explained, a single aircraft delivering a single weapon against a lone ISIS vehicle is one strike, but so is multiple aircraft delivering dozens of weapons against a group of ISIS-held buildings and weapon systems in a compound, having the cumulative effect of making that facility harder or impossible to use. Strike assessments are based on initial reports and may be refined, officials said. The task force does 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. (Source: US Dept of Defense) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 30 view(s)
  • Investors Iraq News's Avatar
    Yesterday, 07:55 PM
    Iraqi forces, backed by coalition strikes, are making gains in efforts to liberate western Mosul from Islamic State of Iraq and Syria terrorists, Defense Department spokesman Navy Capt. Jeff Davis told reporters at the Pentagon on Friday. “The have captured villages to the west of Mosul and they have penetrated the formal city limits from the south,” he said, adding, “We’ve seen some encouraging initial successes.” About 75 percent of the Ghazlani military base southwest of Mosul has been secured, he said. In addition, Iraqi forces have a “strong foothold” on liberating the Mosul airport, Davis said.*The Iraqis have cleared terrain to the south and west of Mosul, he said, gaining 24 square miles within the last day, for a total of 100 square miles since the offensive began five days ago. The captain pointed out the total territory gained since Oct. 17, when the battle for Mosul began, is about 1,500 square miles. That figure includes recently cleared eastern Mosul, he said. Tough Fight Expected Resistance around western Mosul is “moderate,” Davis said, with the terrorists using improvised explosive devices and indirect fire to “harass and slow down” Iraqi forces.*The terrorists have pulled back into west Mosul, he said, noting that the coalition expects a “very challenging fight,” since ISIS is entrenched in the area. “That’s dense urban terrain, more dense than what we saw in east Mosul in a place where they are well-dug in,” the captain said. Meanwhile, Iraqi forces continue defensive holding operations in eastern Mosul, he said, and the coalition continues to hit ISIS targets around Mosul. In the past 24 hours, Davis said, coalition forces conducted six strikes in a total of 80 engagements. Targets included ISIS tactical units, mortar systems, rocket launchers, anti-air artillery systems, fighting positions, vehicles and weapons caches, he said. Syria Update Coalition efforts are ongoing to support efforts to isolate the Syrian city of Raqqa, and operations for the city of Bab, Davis said. Bab “does appear to be largely liberated,” he said, explaining the Turkish military and vetted Syrian opposition forces are conducting operations in the vicinity of the city. Yesterday, the 112th day of operations to isolate Raqqa, Syrian Arab coalition forces conducted offensive operations northeast of that key city, Davis said. Those efforts resulted in the clearing of large swaths of terrain along two axes and the taking of 67 square miles, he said, along with the liberation of several villages. 30-Day Plan to the President The Pentagon will meet Monday’s deadline for the 30-day review that President Donald J. Trump ordered about the plan to fight ISIS, Davis said. As the chairman of the Joint Chiefs of Staff, Marine Corps Gen. Joe Dunford, highlighted Thursday, the review is a “whole of government plan that deals holistically with ISIS,” he said. Davis described the plan as a “framework for a broader plan.” However, he said, details of the strategy will remain private, explaining it is a “plan to attack an enemy and I don’t think we’re going to want to telegraph too much of it.” (Source: US Dept of Defense) (Picture: Iraqi soldiers practice weapon safety during urban environment training at Camp Taji, Iraq, Feb. 20, 2017. The soldiers were part of the junior leader course led by coalition forces in support of Combined Joint Task Force Operation Inherent Resolve. Army photo by Spc. Christopher Brecht) Source: Iraq-BusinessNews.com. Post your commentary below.
    0 replies | 34 view(s)
  • millionairetobe71's Avatar
    Yesterday, 04:40 PM
    Wolvie.....do really know how to read??...read it again so you can understand....
    5133 replies | 169489 view(s)
  • gaura's Avatar
    Yesterday, 08:56 AM
    Hi everyone, This is the first time I have logged in to Investors Iraq in about 4 years, yes its been a long time. Just have a question, What is happening with all of the shares that Warka bank purchased on our behalf? Is there a site that we can visit or register with so that we can view all of our existing shares that we hold? I received from Warka about half of my holding certificates years ago (in my own name) , but would like to know the status of my shares? Thanks gaura
    0 replies | 78 view(s)
  • BusterBrown's Avatar
    Yesterday, 03:16 AM
    Thanks for responding Dinar Shore! I purchased five different stocks back in 2006, haven't checked them for a while, will be tomorrow if they are still there
    6 replies | 415 view(s)
  • Wolverine's Avatar
    Yesterday, 02:22 AM
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    02-25-2017, 11:59 PM
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    02-25-2017, 11:58 PM
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    02-25-2017, 11:55 PM
    The proof is in the Pudding....Donaldof Trumpler was placed in the Oval Office by his Grand Master Putin.....and now...the disease is out for the rest of America to be contaminated...Trumpler supporters will have to speak Russian in order to address and understand Donaldof Trumpler .....
    5133 replies | 169489 view(s)
  • millionairetobe71's Avatar
    02-25-2017, 11:49 PM
    5133 replies | 169489 view(s)
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