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4aprofit
05-18-2013, 03:16 PM
WHAT'S REALLY HAPPENING: GURU'S, SCAM, ETC!!!

From the studying of the guru's who constantly call an RV daily, weekly, monthly, etc....many of us believe that this is to snag the first time newbies and those that maybe are not newbies, or at least those fairly new...you know, the one's that dont have a total understanding all of this just yet...to where when even if one were to google the dinar, iraqi dinar, iraq revaluation, etc....that they wil end up wherever the most hits or commotion is happening....as usually wherever the hooplah and all the hits are flowing...these areas get preiminence over all others due to the excitement and number of visitors...of course, all, or lets say most...especially the gullible...are actually watching this to see what's happening...of course in numbers, as with anything, you always have a few takers....so we all ask, who is paying these people, that's another subject all together...as many of us wonder why some of these gurus spend their every waking breath, spewing out lies and untruths, many even hourly...so for what?....

Here is where it gets tricky, or should we say weird...where has any officials from any official agency...ever stepped up to the plate and stopped all the hooplah and nonsense...yeah, yeah, we know that certain delaers were not performing their duties lawfully and were shut down, even where it was an eyesore in some states, as per it getting so bad...some pull those specific incidents out and show it as per the complete dinar investment being a scam...but what's strange, is if this type stuff was going on all over the internet as per any other type investment...would'nt it have been shut down by now, in it's entirety...especailly if it has been going on for appx. 10 years..like the dinar has....

The U.S. Government, the U.S. Treasury, the Fedral Reserve, The CBI/Central Bank of Iraq and the Iraqi Government...all know full well that we own Iraqi Dinars...could'nt any or all of these entities at anytime, have not tried to stop the flow of this currency to the general public....if it was hurting Iraq economically to sell it?...if it was hurting people as per buying it...like as in being a scam?....if it has been an eyesore to the general public as per those that did'nt produce the dinars to the public after taking their money?....or doing crazy stuff like hedgefunds and/or any other type unauthorized and/or non SEC regulated ventures with dinars?....the list goes on and on...and if it was so dangerous and such scam...and/or has become a delimna...where are the "Dinar Police"...LOL...as per Bear Stearns, Leahman Brothers, Enron and Worldcom...were they not shut down?...And after all of that, would'nt they know that the dinar is another biggie that someone needs to do something about?...LOL....

What I'm getting at here...as after all that has been going on with the dinar for appx. 10 years...and with all the liars and cheats to boot...where has anyone in any official capacity...stepped up to plate and called it as per being a real scam and/or shuting it down...or even shutting down those that make false claims...

Hypothetically...but is all of this allowed perhaps...to keep a balance as per specualtion...as we know nothing works without balance...so what not a perfect way to do this...not saying who, as I dont know who is behind all of this....but what I find strange is that many of the biggest of the biggest financial institutions that have failed, were sometimes endorsed and propped up by the mainstream media and many of the financial pillars of the economic community, at least until they actually failed...

It's anyone's guess as per what is really going on....but IMO/In My Opinion..you have people either being paid to lie, or just love to lie as per being deranged, and just want their physcopathic 10 minutes of giggles each day, etc., etc., etc...like someone said...you may be wrong once twice ot thrice, but after 350 times...B.S!

On another note: Another hypothetical...If you keep enough B.S. and hooplah flowing...maybe you will just snag a few of the whales and sharks, but many of the underlings who spend little to moderately, will bite regularly, but the majority of the whales and sharks...after going on the internet a few times and studying this...and then seeing all the crap that is spewed daily...just wont bite...it's like a junk tabloid or comic book to some after seeing some of that..IMO...

It is also said that maybe appx. 1% of the people in the U.S. own dinars....who knows...but would it work if 5%, 10%, 25%, or even 50% had them?....would there even be enough dinars for that to happen?....Would or could an RV happen if they printed more than the 25-30 trillion that we are told that was put out?...We already know that gold and silver prices are manipulated...and that there is not enough of either, at least as per one or two major countries having to use it as per their daily trades...the volume and avalability just is'nt there..

IMO...And I've said all along...I believe that there is nothing but good coming from this...as if there was'nt...why was it made available and/or not stopped if it was'nt....IMO...all the hooplah is to serve as a balancing act...to keep the investment looking stupid...just look at all the good hooplah over gold and silver...and now it's falling again..it happens all the time..."market manipulation"...can it not be with the dinar too?...The dinar has value..The dinar has a market...So what makes it exempt from "market manipulation"?....

This is all just IMO...and Hypotheticals....but, we will see...lol....

24mm exposed grid
05-19-2013, 08:38 AM
WHAT'S REALLY HAPPENING: GURU'S, SCAM, ETC!!!

From the studying of the guru's who constantly call an RV daily, weekly, monthly, etc....many of us believe that this is to snag the first time newbies and those that maybe are not newbies, or at least those fairly new...you know, the one's that dont have a total understanding all of this just yet...to where when even if one were to google the dinar, iraqi dinar, iraq revaluation, etc....that they wil end up wherever the most hits or commotion is happening....as usually wherever the hooplah and all the hits are flowing...these areas get preiminence over all others due to the excitement and number of visitors...of course, all, or lets say most...especially the gullible...are actually watching this to see what's happening...of course in numbers, as with anything, you always have a few takers....so we all ask, who is paying these people, that's another subject all together...as many of us wonder why some of these gurus spend their every waking breath, spewing out lies and untruths, many even hourly...so for what?....

Here is where it gets tricky, or should we say weird...where has any officials from any official agency...ever stepped up to the plate and stopped all the hooplah and nonsense...yeah, yeah, we know that certain delaers were not performing their duties lawfully and were shut down, even where it was an eyesore in some states, as per it getting so bad...some pull those specific incidents out and show it as per the complete dinar investment being a scam...but what's strange, is if this type stuff was going on all over the internet as per any other type investment...would'nt it have been shut down by now, in it's entirety...especailly if it has been going on for appx. 10 years..like the dinar has....

The U.S. Government, the U.S. Treasury, the Fedral Reserve, The CBI/Central Bank of Iraq and the Iraqi Government...all know full well that we own Iraqi Dinars...could'nt any or all of these entities at anytime, have not tried to stop the flow of this currency to the general public....if it was hurting Iraq economically to sell it?...if it was hurting people as per buying it...like as in being a scam?....if it has been an eyesore to the general public as per those that did'nt produce the dinars to the public after taking their money?....or doing crazy stuff like hedgefunds and/or any other type unauthorized and/or non SEC regulated ventures with dinars?....the list goes on and on...and if it was so dangerous and such scam...and/or has become a delimna...where are the "Dinar Police"...LOL...as per Bear Stearns, Leahman Brothers, Enron and Worldcom...were they not shut down?...And after all of that, would'nt they know that the dinar is another biggie that someone needs to do something about?...LOL....

What I'm getting at here...as after all that has been going on with the dinar for appx. 10 years...and with all the liars and cheats to boot...where has anyone in any official capacity...stepped up to plate and called it as per being a real scam and/or shuting it down...or even shutting down those that make false claims...

Hypothetically...but is all of this allowed perhaps...to keep a balance as per specualtion...as we know nothing works without balance...so what not a perfect way to do this...not saying who, as I dont know who is behind all of this....but what I find strange is that many of the biggest of the biggest financial institutions that have failed, were sometimes endorsed and propped up by the mainstream media and many of the financial pillars of the economic community, at least until they actually failed...

It's anyone's guess as per what is really going on....but IMO/In My Opinion..you have people either being paid to lie, or just love to lie as per being deranged, and just want their physcopathic 10 minutes of giggles each day, etc., etc., etc...like someone said...you may be wrong once twice ot thrice, but after 350 times...B.S!

On another note: Another hypothetical...If you keep enough B.S. and hooplah flowing...maybe you will just snag a few of the whales and sharks, but many of the underlings who spend little to moderately, will bite regularly, but the majority of the whales and sharks...after going on the internet a few times and studying this...and then seeing all the crap that is spewed daily...just wont bite...it's like a junk tabloid or comic book to some after seeing some of that..IMO...

It is also said that maybe appx. 1% of the people in the U.S. own dinars....who knows...but would it work if 5%, 10%, 25%, or even 50% had them?....would there even be enough dinars for that to happen?....Would or could an RV happen if they printed more than the 25-30 trillion that we are told that was put out?...We already know that gold and silver prices are manipulated...and that there is not enough of either, at least as per one or two major countries having to use it as per their daily trades...the volume and avalability just is'nt there..

IMO...And I've said all along...I believe that there is nothing but good coming from this...as if there was'nt...why was it made available and/or not stopped if it was'nt....IMO...all the hooplah is to serve as a balancing act...to keep the investment looking stupid...just look at all the good hooplah over gold and silver...and now it's falling again..it happens all the time..."market manipulation"...can it not be with the dinar too?...The dinar has value..The dinar has a market...So what makes it exempt from "market manipulation"?....

This is all just IMO...and Hypotheticals....but, we will see...lol....

Nice one, you have proved beyond all reasonable doubt that you are the world's most boring individual !!!!

HumbleGenius
05-19-2013, 12:38 PM
WHAT'S Rinsight.
It has cured my insomnia.
ALLY HAPPENING: GURU'S, SCAM, ETC!!!

From the studying of the guru's who constantly call an RV daily, weekly, monthly, etc....many of us believe that this is to snag the first time newbies and those that maybe are not newbies, or at least those fairly new...you know, the one's that dont have a total understanding all of this just yet...to where when even if one were to google the dinar, iraqi dinar, iraq revaluation, etc....that they wil end up wherever the most hits or commotion is happening....as usually wherever the hooplah and all the hits are flowing...these areas get preiminence over all others due to the excitement and number of visitors...of course, all, or lets say most...especially the gullible...are actually watching this to see what's happening...of course in numbers, as with anything, you always have a few takers....so we all ask, who is paying these people, that's another subject all together...as many of us wonder why some of these gurus spend their every waking breath, spewing out lies and untruths, many even hourly...so for what?....

Here is where it gets tricky, or should we say weird...where has any officials from any official agency...ever stepped up to the plate and stopped all the hooplah and nonsense...yeah, yeah, we know that certain delaers were not performing their duties lawfully and were shut down, even where it was an eyesore in some states, as per it getting so bad...some pull those specific incidents out and show it as per the complete dinar investment being a scam...but what's strange, is if this type stuff was going on all over the internet as per any other type investment...would'nt it have been shut down by now, in it's entirety...especailly if it has been going on for appx. 10 years..like the dinar has....

The U.S. Government, the U.S. Treasury, the Fedral Reserve, The CBI/Central Bank of Iraq and the Iraqi Government...all know full well that we own Iraqi Dinars...could'nt any or all of these entities at anytime, have not tried to stop the flow of this currency to the general public....if it was hurting Iraq economically to sell it?...if it was hurting people as per buying it...like as in being a scam?....if it has been an eyesore to the general public as per those that did'nt produce the dinars to the public after taking their money?....or doing crazy stuff like hedgefunds and/or any other type unauthorized and/or non SEC regulated ventures with dinars?....the list goes on and on...and if it was so dangerous and such scam...and/or has become a delimna...where are the "Dinar Police"...LOL...as per Bear Stearns, Leahman Brothers, Enron and Worldcom...were they not shut down?...And after all of that, would'nt they know that the dinar is another biggie that someone needs to do something about?...LOL....

What I'm getting at here...as after all that has been going on with the dinar for appx. 10 years...and with all the liars and cheats to boot...where has anyone in any official capacity...stepped up to plate and called it as per being a real scam and/or shuting it down...or even shutting down those that make false claims...

Hypothetically...but is all of this allowed perhaps...to keep a balance as per specualtion...as we know nothing works without balance...so what not a perfect way to do this...not saying who, as I dont know who is behind all of this....but what I find strange is that many of the biggest of the biggest financial institutions that have failed, were sometimes endorsed and propped up by the mainstream media and many of the financial pillars of the economic community, at least until they actually failed...

It's anyone's guess as per what is really going on....but IMO/In My Opinion..you have people either being paid to lie, or just love to lie as per being deranged, and just want their physcopathic 10 minutes of giggles each day, etc., etc., etc...like someone said...you may be wrong once twice ot thrice, but after 350 times...B.S!

On another note: Another hypothetical...If you keep enough B.S. and hooplah flowing...maybe you will just snag a few of the whales and sharks, but many of the underlings who spend little to moderately, will bite regularly, but the majority of the whales and sharks...after going on the internet a few times and studying this...and then seeing all the crap that is spewed daily...just wont bite...it's like a junk tabloid or comic book to some after seeing some of that..IMO...

It is also said that maybe appx. 1% of the people in the U.S. own dinars....who knows...but would it work if 5%, 10%, 25%, or even 50% had them?....would there even be enough dinars for that to happen?....Would or could an RV happen if they printed more than the 25-30 trillion that we are told that was put out?...We already know that gold and silver prices are manipulated...and that there is not enough of either, at least as per one or two major countries having to use it as per their daily trades...the volume and avalability just is'nt there..

IMO...And I've said all along...I believe that there is nothing but good coming from this...as if there was'nt...why was it made available and/or not stopped if it was'nt....IMO...all the hooplah is to serve as a balancing act...to keep the investment looking stupid...just look at all the good hooplah over gold and silver...and now it's falling again..it happens all the time..."market manipulation"...can it not be with the dinar too?...The dinar has value..The dinar has a market...So what makes it exempt from "market manipulation"?....

This is all just IMO...and Hypotheticals....but, we will see...lol....

4aprofit. Thank you for your insight. It has cured my insomnia.

Fishindinar
05-19-2013, 04:03 PM
What's up 24mm? That's 2 people you spanked recently.LOL

24mm exposed grid
05-19-2013, 04:43 PM
What's up 24mm? That's 2 people you spanked recently.LOL

Come on, 4a or anyone else is fair game when they write 2 solid pages of nothing but guff, blah blah, its been said, as per, gurus blah blah, so to speak, in my opinion blah blah, guff, guff, bore bore, zzzzzzzz. If you paid me 20 bucks just to read it all, I don't think I actually could.

4aprofit
05-19-2013, 04:58 PM
Dont read it if you dont like it...but how did you know if you did'nt like it...if you did'nt read it...LOL....

24mm exposed grid
05-19-2013, 05:14 PM
Dont read it if you dont like it...but how did you know if you did'nt like it...if you did'nt read it...LOL....
I tried to, I really did !!! But in the end by about the middle of the 3rd paragraph I kinda lost the will to live and couldn't help but wonder how you could spend so much of your time on a Saturday concocting such a pointless piece of guff.

4aprofit
05-19-2013, 06:00 PM
To each his own...maybe you need to see this...it may give you more hope for even being on here...LOL....

http://www.youtube.com/watch?feature=player_embedded&v=Zz4ou-19vrg

24mm exposed grid
05-19-2013, 06:54 PM
To each his own...maybe you need to see this...it may give you more hope for even being on here...LOL....

http://www.youtube.com/watch?feature=player_embedded&v=Zz4ou-19vrg

Well I watched it.... all 18 minutes of it. And your point is what ?

The video, although dated Apr 21st 2013, could have been made 6 years ago. There was not one single word that was actually specific to todays investment. So much talk and spiel of how much money he is making through his Warka account and yet not a single word about the fact that for 18 months or so he hasn't actually been able to touch any of this money he is 'making. This is nothing but a sales pitch to the uninitiated and again I ask you what was your motive for pointing me towards it ? Who is the guy in the vid and what are his professional credentials or is it just some sap making another youtube vid - we could all do that !

There was nearly as much guff in that vid as in your opening post.

4aprofit
05-19-2013, 09:38 PM
Here's something to give you more to gripe and complain over!...LOL..

http://ireport.cnn.com/docs/DOC-943877

4aprofit
05-19-2013, 09:42 PM
There are many factors that are putting Iraq on the map...here's some more info. from the blogs...

What we dont hear about Iraqi Oil versus U.S. Oil Supplies....

The oil in the Dakotas is'nt just only 2000 feet or less down...and thru only sand ...and in huge resovoirs ... like in iraq ..
90% of the oil in the Dakotas is shale ... very costly to get at .. they are doing a lot of slant drilling to get under that shale .. didnt they say they estimate around 300 billion barrels .. but only 3 billion barrels that they have actual access to in the Dakotas....
We have lots of tar sands too in the U.S., but the ecologists wont allow the required open strip mining for that ... they have already even shut down coal mining in Pennyslvania, Ohio and West Virginia...
Iraqs resources are way more profitibale and attainable than what we have here ... it's sweet crude in Iraq ..
They are still trying to get the Keystone pipeline built from Canada .. but the ecologists ... they are on it . . and they are trying to shut down the fracking of natural gas too....
I think theres big money supporting these ecological whacko groups... which is coming form Middle Eastern Oil Countries ..they get paid to lobby against drilling and mining in this country

4aprofit
05-19-2013, 09:45 PM
Why Iraq is where it is monetarily right now?

IRAQ is only borrowing money today because they are forced to do so under chapter 7, as well as the stranglehold that the United Nations has placed on them.

Anyone would have to be a blooming idiot to think that once Chapter 7 is lifted that Iraq will not become a thriving nation and possibly one of the richest in the world with trillions of dollars worth of oil.

They have more oil than Kuwait, Iran and all the others combined!

New reports have come out that depict that Iraq has not just a 140 billion barrels in reserves of oil...but one report says 300 billion, another report shows 350 billion, and some earlier research showed that only 30 to 50% of the oil is all that had been explored...(and we know that new fields are being found over there constantly)...and appx. 3 years ago it was stated that only like 1.5% of it was all that had been seismographically mapped and charted...all I can say is wow!

4aprofit
05-19-2013, 09:54 PM
Just more things that make one go hmmm...

Reuters News: FEATURE-They're buying what? US investors latch onto Iraqi dinar

http://www.reuters.com/article/2012/11/15/forex-investments-dinar-idUSL1E8LC7LV20121115

4aprofit
05-19-2013, 09:56 PM
World Net Daily: Lord Christopher Monckton Says Buy Dinars & VND

http://www.wnd.com/2013/03/bankrupt-cyprus-today-america-tomorrow/#hZwVlRXSJFXitiQK.99

4aprofit
05-19-2013, 09:57 PM
2004 NBC NEWS: Egyptians betting on the new Iraqi currency

http://www.nbcnews.com/id/4000891/40150806#.UUktBzeRdOI

4aprofit
05-19-2013, 09:57 PM
This is a video where the Israelis were buying up dinars years ago, even while the war and a civil war was going on in Iraq...they sure did'nt seem to be scared of the New Iraqi Dinar either....Hmmm?....

(Iraqi dinars hot prospect for Israeli speculators)
http://www.youtube.com/watch?v=bEiu914b0wg&feature=related

4aprofit
05-19-2013, 09:58 PM
IRAQ: The Big Picture: Nice read for those who have grown inpatient.

http://www.au.af.mil/au/awc/awcgate/...ndes_mar08.pdf (http://www.au.af.mil/au/awc/awcgate/milreview/landes_mar08.pdf)

4aprofit
05-19-2013, 10:02 PM
Theres plenty more...but IMO...how much has to be spoon fed to someone...or those that are asleep at the wheel on this thing...or those thats brights dont come on...LOL...

millionairetobe71
05-19-2013, 11:23 PM
WHAT'S REALLY HAPPENING: GURU'S, SCAM, ETC!!!

From the studying of the guru's who constantly call an RV daily, weekly, monthly, etc....many of us believe that this is to snag the first time newbies and those that maybe are not newbies, or at least those fairly new...you know, the one's that dont have a total understanding all of this just yet...to where when even if one were to google the dinar, iraqi dinar, iraq revaluation, etc....that they wil end up wherever the most hits or commotion is happening....as usually wherever the hooplah and all the hits are flowing...these areas get preiminence over all others due to the excitement and number of visitors...of course, all, or lets say most...especially the gullible...are actually watching this to see what's happening...of course in numbers, as with anything, you always have a few takers....so we all ask, who is paying these people, that's another subject all together...as many of us wonder why some of these gurus spend their every waking breath, spewing out lies and untruths, many even hourly...so for what?....

Here is where it gets tricky, or should we say weird...where has any officials from any official agency...ever stepped up to the plate and stopped all the hooplah and nonsense...yeah, yeah, we know that certain delaers were not performing their duties lawfully and were shut down, even where it was an eyesore in some states, as per it getting so bad...some pull those specific incidents out and show it as per the complete dinar investment being a scam...but what's strange, is if this type stuff was going on all over the internet as per any other type investment...would'nt it have been shut down by now, in it's entirety...especailly if it has been going on for appx. 10 years..like the dinar has....

The U.S. Government, the U.S. Treasury, the Fedral Reserve, The CBI/Central Bank of Iraq and the Iraqi Government...all know full well that we own Iraqi Dinars...could'nt any or all of these entities at anytime, have not tried to stop the flow of this currency to the general public....if it was hurting Iraq economically to sell it?...if it was hurting people as per buying it...like as in being a scam?....if it has been an eyesore to the general public as per those that did'nt produce the dinars to the public after taking their money?....or doing crazy stuff like hedgefunds and/or any other type unauthorized and/or non SEC regulated ventures with dinars?....the list goes on and on...and if it was so dangerous and such scam...and/or has become a delimna...where are the "Dinar Police"...LOL...as per Bear Stearns, Leahman Brothers, Enron and Worldcom...were they not shut down?...And after all of that, would'nt they know that the dinar is another biggie that someone needs to do something about?...LOL....

What I'm getting at here...as after all that has been going on with the dinar for appx. 10 years...and with all the liars and cheats to boot...where has anyone in any official capacity...stepped up to plate and called it as per being a real scam and/or shuting it down...or even shutting down those that make false claims...

Hypothetically...but is all of this allowed perhaps...to keep a balance as per specualtion...as we know nothing works without balance...so what not a perfect way to do this...not saying who, as I dont know who is behind all of this....but what I find strange is that many of the biggest of the biggest financial institutions that have failed, were sometimes endorsed and propped up by the mainstream media and many of the financial pillars of the economic community, at least until they actually failed...

It's anyone's guess as per what is really going on....but IMO/In My Opinion..you have people either being paid to lie, or just love to lie as per being deranged, and just want their physcopathic 10 minutes of giggles each day, etc., etc., etc...like someone said...you may be wrong once twice ot thrice, but after 350 times...B.S!

On another note: Another hypothetical...If you keep enough B.S. and hooplah flowing...maybe you will just snag a few of the whales and sharks, but many of the underlings who spend little to moderately, will bite regularly, but the majority of the whales and sharks...after going on the internet a few times and studying this...and then seeing all the crap that is spewed daily...just wont bite...it's like a junk tabloid or comic book to some after seeing some of that..IMO...

It is also said that maybe appx. 1% of the people in the U.S. own dinars....who knows...but would it work if 5%, 10%, 25%, or even 50% had them?....would there even be enough dinars for that to happen?....Would or could an RV happen if they printed more than the 25-30 trillion that we are told that was put out?...We already know that gold and silver prices are manipulated...and that there is not enough of either, at least as per one or two major countries having to use it as per their daily trades...the volume and avalability just is'nt there..

IMO...And I've said all along...I believe that there is nothing but good coming from this...as if there was'nt...why was it made available and/or not stopped if it was'nt....IMO...all the hooplah is to serve as a balancing act...to keep the investment looking stupid...just look at all the good hooplah over gold and silver...and now it's falling again..it happens all the time..."market manipulation"...can it not be with the dinar too?...The dinar has value..The dinar has a market...So what makes it exempt from "market manipulation"?....

This is all just IMO...and Hypotheticals....but, we will see...lol....


Huuhhhh?? :confused: Huhhh?? :confused: Can someone translate for me what was said....was something meaningful said ??

Fishindinar
05-20-2013, 01:10 AM
4aprofit just had a meltdown, who's next??

4aprofit
05-20-2013, 02:34 AM
A profitable meltdown...and since day one...whew'...smoke and mirrors usually expose a fire'.....if it comes...dont get burned!...lol...

24mm exposed grid
05-20-2013, 05:51 AM
A profitable meltdown...and since day one...whew'...smoke and mirrors usually expose a fire'.....if it comes...dont get burned!...lol... Think I'll just duck out here and let you carry on discussing whatever your point actually is with yourself.

4aprofit
05-20-2013, 06:01 PM
Just hang in there...

Kickabuck
05-21-2013, 03:43 PM
4aprofit just had a meltdown, who's next?? Funny fish! Last time I replied to a "4aprofit" post, some forum members thought I was too harsh, I'm not looking to upset anyone here, so I try to hold back from posting. But, just think about this for a second. Had all this time been spent discussing Sansar Capital’s recent report, focusing their attention as to why Kurdistan bank was dismissed because it's unlike the other ISX banks that were compared, we might have a real discussion on our hands. Kurdistan is quite different, and so were their Q1 2013 financials...just saying.

Oldtimer61
05-23-2013, 02:22 AM
I couldn't read it all either. Sounds like an Okie clone!

4aprofit
05-23-2013, 03:53 AM
Bash all you want boys...but when the final bell is rung...we will see who is wrong...If I'm right...I wont need to be here anymore upsetting you guys...you bashers may be still here...but if I'm wrong...it wont matter where any of us are IMO...as it's all headed into the CR*PPER anyway...especially if something does'nt happen sooner than later!...LOL....

4aprofit
05-25-2013, 03:50 PM
Iraqs Basra Execs Visit Texas: Bilateral US-Arab Chamber of Commerces

http://www.iraq-businessnews.com/2013/05/25/basra-execs-visit-texas/

4aprofit
05-25-2013, 03:52 PM
NOTE: IS'NT THE U.S. DEBT PER PERSON...ASTRONOMICAL IN COMPARISON?...


http://dinarvets.com/forums/index.php?app=core&module=attach&section=attach&attach_rel_module=post&attach_id=7302

4aprofit
05-25-2013, 03:57 PM
US ARMY CORPS OF ENGINEERS: Piers, Dredging Opportunity at Umm Qasr

http://www.iraq-businessnews.com/2013/05/24/piers-dredging-opportunity-at-umm-qasr/

4aprofit
05-25-2013, 03:58 PM
Economics: Low Gold Prices Worldwide not effecting CBI's Gold Reserves

22-05-2013 12:49 PM
http://www.ikhnews.com/templates/default/images/print_page.gif

Baghdad (news) .. Refer Prime Media Center Economic Dergham Mohammed Ali, the reasons for the decline in demand for gold locally to increase its price in the local market in spite of the low price in the global markets, ruling out the affected lower price globally reserves the central bank of gold. said Mohammed Ali (of the Agency news) : The lack of appetite for buying gold in the domestic market due to the increase in price and in an unprecedented way during the current period, indicating that the low price in the global markets is relative is the result of recovery of the dollar and to financial speculation in global markets. said: that gold dropped its appeal in global markets due to its high price during the past two years, but this does not mean to give it up as a safe haven he remains a candidate is always to restore price globally. pointed to: that retain the Central Bank of Iraq in large quantities of gold, he said, similar to most of the world's central banks to maintain the value of the national currency, stressing There are fears of the impact of lower gold price in the global markets, the central bank reserves, the fact that gold is a long-term investment and the current decline is that I am not in the long run. / End / 8.'s. m /

4aprofit
05-25-2013, 03:59 PM
Major New Report on the Iraqi Banking Sector (http://www.iraq-businessnews.com/2013/05/08/major-new-report-on-the-iraqi-banking-sector/)

http://www.iraq-businessnews.com/2013/05/08/major-new-report-on-the-iraqi-banking-sector/

4aprofit
05-25-2013, 04:00 PM
IRAQ: Trade contracted cars with Chrysler, Hovrli, Toyota and Renault
http://www.dananerne...ils.php?ID=3334

4aprofit
05-25-2013, 04:02 PM
Iraqi Railway Projects at $60 billion over five years

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Falmadapaper.net%2Far%2Fnews%2F44453 8%2F%25D8%25A7%25D9%2584%25D8%25B3%25D9%2583%25D9% 2583-%25D8%25A7%25D9%2584%25D8%25AD%25D8%25AF%25D9%258A %25D8%25AF-%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7-%25D9%2585%25D8%25B4%25D8%25A7%25D8%25B1%25D9%258A %25D8%25B9-%25D8%25A8%25D9%2583%25D9%2584%25D9%2581%25D8%25A9-60-%25D9%2585%25D9%2584%25D9%258A%25D8%25A7%25D8%25B1 (http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Falmadapaper.net%2Far%2Fnews%2F44453 8%2F%25D8%25A7%25D9%2584%25D8%25B3%25D9%2583%25D9% 2583-%25D8%25A7%25D9%2584%25D8%25AD%25D8%25AF%25D9%258A %25D8%25AF-%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7-%25D9%2585%25D8%25B4%25D8%25A7%25D8%25B1%25D9%258A %25D8%25B9-%25D8%25A8%25D9%2583%25D9%2584%25D9%2581%25D8%25A9-60-%25D9%2585%25D9%2584%25D9%258A%25D8%25A7%25D8%25B1 )

4aprofit
05-25-2013, 04:03 PM
Hilton & Best Western Hotel Opportunities in Erbil (http://www.iraq-businessnews.com/2013/05/22/hotel-opportunities-in-erbil/)
http://www.iraq-businessnews.com/2013/05/22/hotel-opportunities-in-erbil/

4aprofit
05-25-2013, 04:04 PM
U.S. Embassy Announces opportunities for Iraqis to travel and study in U.S.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alliraqnews.com%2Findex.php%3Fo ption%3Dcom_content%26view%3Darticle%26id%3D82336% 3A2013-05-19-13-33-34%26catid%3D39%3A2011-04-08-17-26-45%26Itemid%3D58 (http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alliraqnews.com%2Findex.php%3Fo ption%3Dcom_content%26view%3Darticle%26id%3D82336% 3A2013-05-19-13-33-34%26catid%3D39%3A2011-04-08-17-26-45%26Itemid%3D58)

4aprofit
05-25-2013, 04:05 PM
Tenders Expected for 150 New Oil Wells at Iraqs Rumaila Field (http://www.iraq-businessnews.com/2013/05/24/tenders-expected-for-150-wells-at-rumaila/)
http://www.iraq-businessnews.com/2013/05/24/tenders-expected-for-150-wells-at-rumaila/

4aprofit
05-25-2013, 04:06 PM
Mineral Resources: Gold Extraction regularly with production licenses (http://www1.youm7.com/News.asp?NewsID=1056189&SecID=24&IssueID=168)Thursday, May 9, 2013 - 03:27

http://img.youm7.com/images/NewsPics/large/s52013932330.jpg
D. Massad Hashim, chairman of the Mineral Resources
Started Najla Kamal
http://www1.youm7.com/images/graphics/igoogle.gif (http://www.google.com/ig/adde?moduleurl=http://activedd.googlecode.com/svn/trunk/iGoogle/Gadgets/Youm7/Youm7.xml)
Said Dr. Massad Hashim, chairman of the Mineral Resources, said it was scheduled to be held Board of Directors on May 20 next year, to discuss the project company Hamesh to extract gold and give notice to inject new investment project, to start production processes, but will pull the license, and put it on new investors.
The company Hamesh have stumbled in production processes as a result of lack of financial liquidity, where it was scheduled to begin regular commercial production in 2007.

4aprofit
05-25-2013, 04:07 PM
Iraqi contract with giant companies to supply different cars including armoured

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alliraqnews.com%2Findex.php%3Fo ption%3Dcom_content%26view%3Darticle%26id%3D82285% 3A2013-05-19-08-53-07%26catid%3D37%3A2011-04-08-17-25-57%26Itemid%3D56 (http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alliraqnews.com%2Findex.php%3Fo ption%3Dcom_content%26view%3Darticle%26id%3D82285% 3A2013-05-19-08-53-07%26catid%3D37%3A2011-04-08-17-25-57%26Itemid%3D56)

4aprofit
05-25-2013, 04:08 PM
A Closer Look at the Iraqi Banking Sector

http://www.iraq-busi...banking-sector/



Full 64 page report

http://www.iraq-busi...y-June-2013.pdf (http://www.iraq-busi...y-june-2013.pdf/)

4aprofit
05-25-2013, 04:09 PM
Iraq participates in Washington's training program for financial markets

http://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www1.alforattv.net/modules/news/article.php%3Fstoryid%3D88429 (http://translate.google.com/translate?depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www1.alforattv.net/modules/news/article.php%3Fstoryid%3D88429)

4aprofit
05-25-2013, 04:10 PM
Iraqi Tourism confirms receipt of 121,000 artifacts during past 10 years

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&langpair=ar|en&oe=UTF8&prev=/language_tools&rurl=translate.google.com&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D100982&usg=ALkJrhhFVpF9oJ3lWWz1hS6ZMiJkIFEZZw#axzz2ThzXXj np (http://translate.googleusercontent.com/translate_c?depth=1&hl=en&ie=UTF8&langpair=ar|en&oe=UTF8&prev=/language_tools&rurl=translate.google.com&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D100982&usg=ALkJrhhFVpF9oJ3lWWz1hS6ZMiJkIFEZZw#axzz2ThzXXj np)

4aprofit
05-25-2013, 04:23 PM
What the point is here...is to not only educate folks as per what is really happening in Iraq...but to show the signifigance of what this region is...as per it's monetary position in the World...and where it is going..whether people believe this or not!...

There are literally thousands of articles like these....that many of us have seen over the past few years...whereby IMO...depicting that you just cant be doing all of this for naught...nor did the superpowers...who have put in trillions of dollars of infrastructure and oil development over there..and still doing so!...

As Iraq rises from the ashes...I assume all of this will be unveiled in it's entirety by the mainstream media...as per all of this...whenever most of it is complete...lol...

lglwzrd
05-26-2013, 12:07 AM
actually, several states atty generals have shut down and enforced the rules against some dealers. they have been served with cease and desist orders and some have had to pay fines.

4aprofit
05-26-2013, 03:52 AM
People and businesses of all types are shut down everyday for everything under the sun..as per fraud and fraudulent business practices..(the dinar businees is not immune to crooks either....especially if any person or entity violates certain rules, regulations and laws....and/or makes promises and guarantees..(this was one of the biggies, as some even did hedge funds with dinar..as per my understanding....as many things like that must be approved, licensed and regulated by the U.S. SEC/Securities and Excahnge Commission)......

Therefore, due to some people's actions...a black eye was given to the dinar in some instances, due to a few bad apples...but The U.S. Govt, The U.S. Treasury, The Federal Reserve, The Central Bank of Iraq and The Iraqi Govt...all know full well we hold dinars...there is not much hard about that to understand as per it being a fraud because you hold some...as even many U.S. Banks have dealt in dinars as well...and most dealers that curreently sell them do comply with U.S. Federal Regulations...


This has already all been went over time and time again extensively...it's not a hard one to figure out....right is right...and wrong is wrong...whether you sell peanuts or lear jets...if you violate agricultural laws or the FAA's laws..it's just a matter of time before your caught...then some are scared to eat peanuts for a while or fly in an airplane...but the world moves forward regardless...as everyone is not in violation...lol....

4aprofit
05-29-2013, 03:37 PM
U.S. Business Opportunities in the Kurdistan Region of Iraq -- Qubad Talabani

http://www.youtube.com/watch?v=5ToTuA5C4IY

Ringworm
05-29-2013, 04:20 PM
32 Wow, some people are way behind on the current events.

4aprofit
05-29-2013, 07:13 PM
Why build millions of new homes in Iraq if they are poorThey say they are building milions of new homes in iraq with an average price of 150,000 dollars each ..
Who could they be thinking of selling those homes to?
And if iraqis are only making 4000 dollars a year each..why build those homes?
And if they build those homes wont they need a car to get to work?
So, a house payment // a car payment // pay for food and clothes for themselves their wives and children ..// pay utilities //. health care // insurances .. gas for their car ..//.. they must see a huge pay increase in the future of iraqis //
unless they are planning to sell homes to peopple to foreclose on everyone .. why build all those new homes ?
and they are contracting out the homes ... the oil drilling // wheres the money going to come from?
You would think they would need to make 60 grand a year to pay their bills?


Iraq, S Korea sign USD7.75b housing contract
June 3, 2012
http://www.constructarabia.com/wp-content/uploads/2012/05/housing-285x190.jpg
Iraqi state television broadcasted the ceremony of signing a USD7.75 billion final deal between the government and South Korea’s Hanwha Engineering & Construction company, which will construct housing units on the borders of the country’s capital, reported Gulf News.
The Iraqi TV stated that the project, which includes the establishment of 100,000 housing units, is part of a proposal by Iraq’s National Investment Commission to set up 1 million new housing units for a total value of USD50 billion.
On the other hand, Iraqi officials stated that the country needs up to 3 million new houses for the growing population.
It is worth noting that years of war and sanctions crumbled Iraq’s infrastructure, with the country facing shortages in the number of houses, in addition to chronic power shortages.-MENA FN

$1.5B contract in Iraq for Biden’s little brother exposes Obama ahead of debate
Mitt Romney has criticized President Obama for giving green energy subsidies to campaign donors, but a new report out ahead of the debate tonight shows that this White House’s crony capitalism has a foreign policy angle.
HillStone International won a coveted government contract in part because the company has “the little brother of the vice president as a partner,” as David Richter, president of HillStone’s parent company explained to investors in a recent meeting reported on by Fox Business (http://www.foxbusiness.com/government/2012/10/22/biden-ties-eyed-in-hillstone-iraq-deal/) today.
“Since November 2010, James Biden has been the executive vice president of Hill International’s housing subsidiary despite little if any documented work history in residential construction,” Fox explains. “And if the company’s projections are accurate, both Hill and Biden are on the verge of a huge payday, beneficiaries, some analysts believe, of James Biden’s connections to the Obama Administration through his older brother.”
http://washingtonexa...article/2511404 (http://washingtonexaminer.com/1.5b-contract-in-iraq-for-bidens-little-brother-exposes-obama-ahead-of-debate/article/2511404)
Iraq housing projects https://www.google.c...iw=1174&bih=621 (https://www.google.com/search?q=iraq+housing+project&tbm=isch&tbo=u&source=univ&sa=X&ei=BAdxUZqaHIG29gSX_IAw&ved=0CEQQsAQ&biw=1174&bih=621)
<<<<<lots of pictures

heres the govt housing projects in this link below another million units .
http://www.thesandig...dadhousing.html (http://www.thesandigroup.com/baghdadhousing.html)
The National Investment Commission (NIC), an Iraqi governmental agency, launched a nationwide investment program in 2010 which will result in the construction of 1,000,000 social housing units in total across Iraq's 15 Governorates and the Kurdistan region (of which c. 250,000 in the Baghdad region). The Sandi Group and Paris-Babylone consortium has been an early participant in this program and aims at developing a first block of 10,000 units together with all necessary utilities and facilities.


Contracts signed for huge Baghdad housing projects on Sep 14, 2012


http://constructionweekonline.com//pictures/300x200/Baghdad.jpg (http://www.constructionweekonline.com/pictures/Baghdad.jpg)
Baghdad

RELATED ARTICLES: Iraq halts registration of Turkish firms (http://www.constructionweekonline.com/article-18510-iraq-halts-registration-of-turkish-firms/) l Volvo Trucks to open Iraq factory in early 2013 (http://www.constructionweekonline.com/article-18479-volvo-trucks-to-open-iraq-factory-in-early-2013/) l Belhasa's Aquascapes wins Iraq and Malaysia deals (http://www.constructionweekonline.com/article-18380-belhasas-aquascapes-wins-iraq-and-malaysia-deals/)
Iraq has signed two contracts valued at $365m to build more than 4,000 homes in Baghdad.
According to Bloomberg, the president of the Baghdad investment committee,Shaker al-Zamili, said Kurdistan-based Kar Engineering & Construction Co. has been granted a $185m deal to build 2,016 units in northern Baghdad.
The project, a compound called Ibn Fernas, will be finished within four years.
A second project to build 2,000 homes costing as much as $180m was awarded to Iraq-based al-Faheem for General Contracting Company. The compound will be built in western Baghdad and complete within three years, Zamili added.

4aprofit
05-29-2013, 07:17 PM
https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-ash3/535549_508166602558168_966237135_n.jpg


https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-ash3/533076_508167299224765_64456551_n.jpg


https://fbcdn-sphotos-b-a.akamaihd.net/hphotos-ak-prn1/11330_508167189224776_666054741_n.jpg

4aprofit
05-29-2013, 07:18 PM
https://fbcdn-sphotos-a-a.akamaihd.net/hphotos-ak-ash4/313478_508166692558159_1960914436_n.jpg

4aprofit
05-29-2013, 07:19 PM
https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-ash4/387457_508063349235160_2117152166_n.jpg

4aprofit
05-29-2013, 07:21 PM
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-ash3/156442_508166855891476_1642101629_n.jpg


http://i41.tinypic.com/52yh6x.jpg


http://farm1.static.flickr.com/26/54514814_e22543ddf7_b.jpg

4aprofit
05-29-2013, 07:22 PM
http://farm1.static.flickr.com/54/167908589_269baba05a_o.jpg


http://farm4.static.flickr.com/3382/3526099041_e24c75b9e1_o.jpg


http://www.skyscrapercity.com/showthread.php?t=1093703 (http://www.skyscrapercity.com/showthread.php?t=1093703)


the link shows much more .. im limited to how many pictures i can post

4aprofit
05-29-2013, 07:32 PM
http://farm1.static.flickr.com/54/167908589_269baba05a_o.jpg


http://farm4.static.flickr.com/3382/3526099041_e24c75b9e1_o.jpg


http://www.skyscrapercity.com/showthread.php?t=1093703 (http://www.skyscrapercity.com/showthread.php?t=1093703)


the link shows much more .. im limited to how many pictures i can post

4aprofit
06-02-2013, 04:48 AM
1-7-13 Iraq Central Bank Boosts Gold Reserves.

http://www.al-monitor.com/files/live/sites/almonitor/files/contributed/jnt_news_iraq-central-bank-gold/iraq-dinar.jpg?t=thumbnail_578



The monthly statistical report of the International Monetary Fund stated that over the three months between August and October of last year, Iraq’s gold holdings quadrupled to 31 tons, the first time something like this has happened in years. The value of gold as a strategic reserve has grown over the past few years due to the continued instability of the U.S. dollar exchange rate.

International banks perceive gold as having long-lasting value that is not affected by rapid economic development. Gold can be used to compensate for insufficient cash reserves in the wake of political or economic crisis. In that context, Iraq is probably the country that is most in need of a great deal of gold reserves given its succession of political and economic crises.

“Gold is the first shelter for countries in times of crisis,” said the Iraqi economic analyst Majid al-Suwari.. According to Parliamentary Economic and Investment Committee member Abdul Abass Shiyah, “it is normal for the public not to read between the lines of sharp increases in gold reserves.”

“The Iraqi dinar exchange rate is based on the amount of cash reserves, which include not only money but gold as well,” said Shiyah, a member of the Dawlat al-Kanoun parliamentary bloc led by Prime Minister Nouri al-Maliki.

Gold is the most stable component of official reserves. It will result "in the stability and possibly the improvement of dinar exchange rates," he added. http://www.al-monito...-bank-gold.html (http://www.al-monitor.com/pulse/originals/2013/01/iraq-central-bank-gold.html)

Shiyah reiterated that the public will sense indirectly the impact of the increase in gold reserves. “When the value of imported goods decreases following the increase in the value of the dinar, which directly correlates to the increase of cash reserves, the public will remember the steps the state took to boost gold reserves,” Shiyah added.

The Central Bank of Iraq announced in August of last year that cash reserves had reached $67 billion, which is a first in the country that relies entirely on oil exports to finance its budget.
“The Iraqi reserve is figuratively described as ‘cash,’ but in fact it has multiple components. Iraq owns U.S. dollars, euros, pounds, gold and different types of securities,” said Shiyah.

He added, "The central bank uses a part of its huge reserve to fund major governmental projects. Even though a part of this reserve is disseminated between international banks and benefits Iraq financially, the central bank ought to fund some weighty governmental activities.”

Since 2003, Iraq has had an insignificant cash reserve. Some sources state that those who were in charge of the Iraqi economy during the first months following Saddam Hussein's toppling converted a ton of gold, which was the only reserve held by the central bank, into cash.

Economic Analyst Majid Suwari said that Iraq's reserves amounted to $39 billion in 1979; however, Saddam’s policies squandered that fortune. In 2003, Iraq's debts reached $125 billion.
“The central bank policy is currently based on the diversification of reserves. However, if the policy of purchasing gold had been adopted two years ago when the value of one ounce was about $500 to $600, Iraq would have quadrupled its investment gains,” he added.

He concluded that “this initiative started late, but not too late.” Suwari expects the central bank to pursue the policy of increasing gold reserves amid the government's spending tendencies.
He clarified that the Iraqi government needs the dinar to cover its huge expenses. The central bank provides it with the necessary Iraqi dinars in exchange for U.S. dollars obtained through the oil trade. Afterwards, the central bank converts dollars to gold. http://www.al-monito...-bank-gold.html (http://www.al-monitor.com/pulse/originals/2013/01/iraq-central-bank-gold.html)

4aprofit
06-02-2013, 04:51 AM
Iraq Petrochem & Heavy Industry 2013 (http://nenosplace.forumotion.com/t6080-iraq-petrochem-heavy-industry-2013#14353)http://illiweb.com/fa/empty.gif
http://i80.servimg.com/u/f80/12/66/19/88/iraq_p13.jpg

http://www.iraqpetrochem.com/

Iraq is embarking on a staggering expansion of its oil and gas production and in the last few years exports have increased to over 3 mbd and are expected to increase to nearly 4 mbd by next year. Recent reports suggest exports could reach 9 mbd by 2020.

In line with the expansion in upstream, Iraq is embarking on an ambitious petrochemicals and industrial development programme aiming to produce 10 million tons of petrochemicals over the next decade. In addition, the government is rapidly expanding the industrial sector including the production of cement, fertiliser, and steel.
Iraq is determined to ramp up its petrochemical and industrial capacity and is actively seeking Joint Ventures and partnerships with leading international companies.
Iraq Petrochem & Heavy Industry 2013




will showcase the government’s strategy for petrochemicals and heavy industry in Iraq.
will illustrate the current state of the industry and the investments needed.
will foster partnership between senior decision makers and leading industry professionals.
will reveal first-hand information on petrochemical and industrial projects.
will allow delegates to exchange views, share knowledge and experiences, and benefit from the outstanding opportunities for investment.

Highlights




The current state of petrochemicals and heavy industry in Iraq.
Projects and proposals sought by the Ministry of Industry.
Immediate and long-term strategies of the Ministry of Industry, Ministry of Oil, and other government departments.
The financing of large scale industrial projects and Public-Private Partnerships (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=360644684798&item=360644684798).
An overview of reforms and investments needed in: Petrochemicals, Chemicals, Plastics & Polymers, Petroleum and Natural Gas processing, Cement, Steel, Bricks, Fertiliser and Urea.
Great networking opportunities with Gala dinner and Private Ministerial lunches attended by key decision makers from several government departments.


Greetings!

Only 3 weeks remain to REGISTER (http://r20.rs6.net/tn.jsp?e=0019vIWJpr3jVwTXZYIH_aAijssKfQ4KEilPQ9fWH rIV6kNU7KhIXQ2_fsOY_XCa8ab1Z2r8PFtgv9pv7Rm1FPoaleL 3Bp8RZILFMuoYXheWsGAvzcv0bPKZRJKgDnLCqzi72OAS2veBt 4Lb17NTLZYHDRYfW9prXF9VPBsDSkoVKg8VYxSA7TA3bzxmxtN keETXwvTqooK2xnhBzZ9KLA_uX_MmRJf6Pv_) for Iraq Petrochem & Heavy Industry 2013!

Supported by Shell, Total, INEOS, Chevron Phillips, Farouk Group and other leading companies, and organised in collaboration with Iraq's Ministry of Industry and Minerals and National Investment Commission, this event will attract over 200 delegates, from 100 companies worldwide looking to invest in Downstream and Linked Industries in Iraq.

Visit the website for further information: (http://r20.rs6.net/tn.jsp?e=0019vIWJpr3jVw5mb0KP1ei7njTkJyvbPRs40hX8Z TYKIKvW6YPDvUI_UMbkrVbJb8rUQoEuxBPYPawknyTm8FIzXGt IKN3ClN7uGDtw1hfTNmfojW7-ukWewBfqpYT7idB)www.iraqpetrochem.com (http://www.iraqpetrochem.com/)


Do not miss:



Shell present their proposal for regenerating Iraq's petrochemical industry.
Chevron Phillips outline their plans to develop a major petrochemical plant.
Trade Bank of Iraq's financing programme for Iraq's industrial redevelopment.

Ensure you benefit from outstanding networking with IOCs, EPC contractors, bankers, financiers, petrochem experts, legal professionals, manufacturers, and technology companies.

Iraq Petrochem & Heavy Industry 2013 is the most important event for people serious about capitalising on Iraq's downstream redevelopment programme, particularly petrochemicals, chemicals, fertiliser & urea and other Linked Industries.


See what some of our expert speakers have to say:





Dr Mustafa Jarah
Senior Iraqi Oil & Petrochemical Consultant





http://ih.constantcontact.com/fs180/1109101676716/img/191.jpg
"Iraq will be a regional leader in petrochemicals by 2020. However, in order for this to become a reality, petrochemicals will need to be integrated with the upstream, as well as industrial clustering, strategy and technology centres, including training, marketing etc. This must occur through full engagement with the private sector.

It is important for international industry to meet and discuss Iraq's petrochemical development to take advantage of the major developments currently underway in upstream and midstream especially by leading and specialized hydrocarbon companies. At the upcoming Iraq Petrochem & Heavy Industry conference in London I (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=151037776317&item=151037776317) will be presenting on the outlook of Iraq's petrochemical industry as well as related feedstock availability. "






Dr Moayyed Jalhoom
Director General, IBN Sina Chemicals Company





http://ih.constantcontact.com/fs180/1109101676716/img/187.jpg
"The Petrochemical industry in Iraq is expected to increase in a dramatic way in parrallel with the growth of other sectors including oil and gas, heavy industry, agriculture, infrastructure etc.

Iraq Petrochem & Heavy Industry 2013 is an important event and it is just the right time to meet and discuss the petrochemical development in Iraq. I am looking forward to attending and speaking at this important event and my paper will be about fine chemical production and the production of silicones in Iraq."

4aprofit
06-02-2013, 04:53 AM
Iraq will fill half of the global market demand of crude oil

24/04/2013 12:00 AM

Rising exports and imports for the second month in a row
Baghdad morning
Confirmed participants in the Third National Energy Conference, that Iraq will fill a need the world's crude oil by 50 percent over the next ten years. Comes at a time when the Ministry revealed oil from oil exports rise in March last year, unrealized revenue of $ 7 billion and $ 772 million.
Said former oil minister Ibrahim Bahr al-Ulum, in his speech to the Third National Energy Conference, which was held under the auspices of Prime Minister Nuri al-Maliki, the sports hall of the Faculty of Education at the University of Baghdad on Tuesday: "Iraq is passing through the large shifts in the field of oil and energy, especially in service contracts with international companies, the most important in the promising field of Nasiriyah and the creation of Nasiriyah refinery capacity of 300 thousand barrels, in addition to the existence of a new strategy to link the oil pipeline to the port of Aqaba Jordanian.
Bahr al-Ulum stressed at the conference which was attended by 50 national oil companies from the public and private sectors, that "the rehabilitation of the export pipeline to Turkey will make Iraq safe from the dangers that may prevent the export of oil from the Gulf region" , referring to "other projects of the Ministry related to the production of oil and natural gas associated with oil, especially after the direct Basra Gas Company work to extract the gas from fields in the south."
He pointed out that "these projects are all give futuristic indicators that Iraq would be one of the largest oil and gas producers in the world, especially during the next ten years, which is expected to fill 50 percent of the global market need for crude oil."
For his part, Deputy Chairman of the Commission on oil and energy parliamentary Ali Fayad, the presence of large obstacles prevented advancement in a lot of oil installations and infrastructure for the energy sector and oil. Fayad said in his speech on the sidelines of the conference: "political differences legislation prevented a lot of laws and special task in the field of oil and energy," noting at the same time that "many of the institutions of the state are directly related to the oil sector, but there is no relationship and inter-institutional cooperation for the development of this vital sector, making the possibilities and untapped potential. "In the meantime, the Oil Ministry announced to increase its oil exports in March last year, posting revenue of $ 7 billion and $ 772 million.
He said spokesman Assem Jihad, the oil ministry, in a press statement on Tuesday: "The increased crude oil exports in the month of last March and amounted to 74 million and 900 thousand barrels, while revenue was $ 7 billion and $ 772 million," pointing out that "the average selling price of $ 103.7 per barrel." Jihad added that "total exports تقسمت between Basra oil issued 65 million and 100 thousand barrels, and reached 6 billion and imports $ 764 million, while the Kirkuk oil exports amounted to 9 million and 800 thousand barrels, imports amounted billion and $ 8 million. "
He explained that these quantities were uploaded by 28 international oil company through the ports of Basra and Khor Al-Zubair on the Arabian Gulf, and the Turkish port of Ceyhan on the Mediterranean Sea and pelvic trucked to Jordan. "
Jihad said that "exports in February amounted 71 million barrels, an average of 2.54 million barrels per day," adding that "Iraq has achieved revenue of 7,644 billion dollars, according to figures published by the company State Oil Export (SOMO). "

http://www.alsabaah.iq/ArticleShow.aspx?ID=45294

4aprofit
06-02-2013, 04:54 AM
Shell Starts World’s Largest Gas-Capturing Plant in Iraq

By Kadhim Ajrash & Nayla Razzouk - May 1, 2013 5:32 AM PT

Royal Dutch Shell Plc. (RDSA) and Mitsubishi Corp. (8058) started
operations at a $17-billion joint venture to capture gas from some
of Iraq’s largest oil fields.

The Basrah Gas Co. project, the biggest of its kind, captures so-
called associated gas flared from the southern oil fields of
Rumaila, West Qurna-1 and Zubair, according to a statement on
Shell’s website. Iraq’s state-owned South Gas Co. holds a 51
percent stake in the 25-year venture, while Shell owns 44 percent
and Mitsubishi the remainder.

“Basrah produces only around 1 billion cubic feet a day of
associated gas and some 700 million cubic feet are being flared,
which is wasting millions of dollars of the country’s resources,”
Ali Khudair, director general of South Gas, said in the statement.
The project will help eliminate flaring and provide fuel to
industries, power generation as well as income to the state, he
said.

Iraq, which holds the world’s fifth-largest oil reserves, sought
foreign investors to increase gas output to end power outages and
supply electricity stations, which suffered from decades of war and
economic sanctions. The country’s power grid remains unable to meet
domestic demand 10 years after the U.S.-led invasion that toppled
Saddam Hussein. The government plans to export gas after it has
satisfied domestic demand.

Basrah Gas will upgrade current facilities and build new assets to
increase production capacity to 2 billion cubic feet a day from 400
million cubic feet a day, Shell said in the statement. “A number of
critical projects have already started, like the new power plant at
the Khor Al Zubair gas plant, compressor stations in North Rumaila,
as well as leasing compressors to reduce gas flaring in the Zubair
field.”

The project, the largest gas project in Iraq’s history, also
includes the option to build a liquefied gas plant for potential
export once domestic energy needs are met, according to the
statement.

http://www.bloomberg...nt-in-iraq.html (http://www.bloomberg...nt-in-iraq.html/)

4aprofit
06-02-2013, 04:56 AM
Iraq to be linked to the world with vast network of 132 destinations across 6 continents

Emirates, which now serves three gateways in Iraq, will be the official carrier for TRADEUAE Iraq, a forum promoting trade between the UAE, Iraq and its Kurdistan region.
The airline will have a dedicated stand at the event, which takes place today and tomorrow in Erbil.
TRADEUAE Iraq is designed to provide UAE-based companies with the knowledge and contacts to do business in the Iraqi market.
“Emirates is very much about connecting people, ideas and stimulating business around the world. This is an important event and supports the UAE government’s efforts to help rebuild Iraq economically,” said Haitham Al-Battawy, Emirates’ Manager, Iraq.
“Since launching Basra in 2011, and then Baghdad the same year, our operations have grown steadily in Iraq. In August of last year, we started services to Erbil,” said Al-Battawy.
“We know there is a great deal of interest in this market, particularly Erbil, so this event is a very useful platform to generate new business opportunities,” he said.
Emirates’ flights to Iraq across its three gateways are served with Airbus A330-200s, which can carry up to 17 tons of cargo per flight.
Emirates SkyCargo reports that air freight is showing strong growth in Iraq – so much so, Emirates is sending in three 777 freighters each week. Coupled with passenger aircraft capacity, this brings a total air freight capability of nearly 450 tons, feeding a burgeoning oil and gas sector.
“With three departure points from Iraq connecting to our globally renowned hub of Dubai, we are superbly equipped to link Iraq with the rest of the world through our vast network of 132 destinations across six continents,” added Al-Battawy.
TRADEUAE is backed by the UAE Ministry of Foreign Trade and Investment, Dubai Exports, Dubai FDI, Abu Dhabi Department of Economic Development, the Kurdistan Regional Government and Kurdistan’s Federation of Chambers of Commerce and Industry.
The event is being held at the Saad Conference Center in Erbil.
Key exports carried by Emirates SkyCargo are: Oil drilling and mining materials/pipes/machinery/equipment, electrical and electronic equipment and automotive spare parts./end/8/

4aprofit
06-02-2013, 04:58 AM
Wow..look at these prices....

Real Estate for Sale in Iraq Index


http://realestate.classifieds1000.com/Iraq

4aprofit
06-02-2013, 04:59 AM
2300 foreign companies work in Kurdistan
Saturday, 13 April, 2013
Arbil / NINA / The Ministry of Trade and Industry in Kurdistan Regional Government announced said that 15 thousand local company, in addition to 2300 foreign-registered company operating in the region.




A statement by the provincial government explained that “Minister of Trade and Industry, Sinan al-Chalabi announced, in a session for the Kurdish Parliament, that about 2300 branch of the foreign companies were registered in addition to approximately 15 thousand local Company.
He explained that “it is necessary when doing fine and punish companies, the size of the company should be taken in mind.” / End
LINK (http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GHFGMD)

4aprofit
06-02-2013, 05:02 AM
Iraqi Energy Conference in Dubai, Iraq's oil reserves are estimated at 300 BILLION BARRELS (25-03-2013)

"More than double the original figure announced of an estimated 143.1 billion barrels"


Iraqi Energy Conference in Dubai Iraq's oil reserves are estimated at 300 billion barrels and gives a new opportunity for (Exxon)

25-03-2013 Outweigh the Parliamentary Committee on oil and energy, Monday, that Iraq oil reserves of up to 300 billion barrels, more than double the number reported earlier, but played down the optimism of Chief Adviser to Al-Maliki by access to an oil production rate of 4.5 million barrels a day by 2014, while the last drew in another leg that Exxon Mobil will find opportunities in oil licensing round coming in Iraq.

He said the Chairman of the Committee on oil and energy parlementaire, Adnan Janabi, the development of energy projects, which was held in Dubai, said, "Iraq will not be able to achieve his goal to reach an average production of 4.5 million barrels a day by 2014, likely" modify the targeted production rates through next April.

He said al-Janabi, the Agency quoted bloom Berg, obtained by (range). "Bureaucratic obstacles and lack of legislation are factors that prevent enable Iraq to achieve that objective."

The head of the Parliamentary Committee on oil and energy, according to the Agency, "the oil and gas bill is still stuck because of political disputes and not be passed soon."

He was Senior Adviser to Prime Minister Nouri al-Maliki thamir, revealed Monday, in the same Conference three scenarios to reach the maximum oil production capacity by the year 2020, including a rate of 4.5 million barrels a day by 2014, while he in the process of development, Iraq will be able to export three kinds of crude "oil of Kirkuk and Basra Basra light and heavy"

In Janabi said that "Iraq's oil reserves estimates up to 300 billion barrels", noting that "more than double the figure announced that an estimated 143.1 billion barrels."

For his part, said the Chief of Cabinet advisers, thamir ghadhban, during the Conference itself, the economic Agency, that "Iraq's exports of oil added to a product in the Kurdistan region will reach an average of 1.8 million barrels per day by 2013.

Ghadhban said that "Exxon Mobil in West Qurna-1 field will have opportunities in oil licensing round coming in Iraq, stressing that" Iraq is expected to put an end to the waste of associated gas is currently flared by Juma and treatment by 2015.

And Iraqi oil Minister, Abdul Karim luaibi, in (21 March 2013), on the sidelines of an industry conference held in the Italian city of Ravenna, the next few months will see the launch of the fifth round of licenses for oil exploration in ten exploratory plots in Central and Western Iraq, pointing out that the companies that will participate in the next round of offers will take into account the risk of continuing political instability in the country for mega deals expected to be raised in the auction of projects of development of the oil and gas industry.

ExxonMobil is one of the largest oil companies in the world and invest in the giant West Qurna field in southern Iraq, has engaged in disputes with Baghdad after announcing the signing of contracts for exploration in six oil patches in the Kurdistan region of Iraq.

The paint isn't economic, Berg bloom that "Iraq has the fifth largest gas reserves in the Middle East based on the index of British Petroleum international energy annual."

Iraq had signed the Convention on lasting 25 years with shell region in November last year for the development of local gas resources.

The Senior Adviser to Prime Minister Nouri al-Maliki, thamir ghadhban, revealed earlier in the day, three scenarios to reach the maximum oil production capacity by the year 2020, including a rate of 4.5 million barrels a day by 2014, adding that within the development process, that Iraq would be able to export three kinds of crude "oil of Kirkuk and Basra Basra light and heavy".

The Chief Advisor said the Cabinet, at a Conference on Middle East energy development in Dubai, that the Committee headed by planning for three possible scenarios to reach the maximum capacity by the year 2020 and beyond, pointing out that Iraq is looking forward to the best option for Iraq at the level of production almesker.

And ghadhban three scenarios take into account the higher level of production of 13 million barrels per day, as specified in the long-term service contracts granted to foreign oil companies to reach by the year 2017, along with lower production rate up to six million barrels per day achieved by 2025.

Ghadhban said that the third scenario is to reach between the two ex-any level of nine million barrels per day in 2020, adding these scenarios have been examined, tested, and reviewed the hard ceiling rates and we discussed ways of providing energy security and increase State revenues and employment with the continuity of progress.

Ghadhban said that the three scenarios studied diligently, but we have developed a number of strategic objectives to achieve fast field development, which will arrive after production of 4.5 million barrels a day, and then decide which scenario we take.

Iraqi oil Minister Abdul Kareem luaibi, in (16 March 2013), that Iraq's oil exports reached 2.9 million barrels a day, said that this rate could be raised to nine million barrels per day within five years, but that it needs a $ 130 billion for the development of the oil sector, while economists accused the oil Ministry of "deliberate marginalization" of national oil companies in favor of foreign companies.

The u.s. Agency for international development, in (17 March) signed a memorandum of understanding with the Iraqi oil Ministry aimed to "improve the effectiveness and transparency of the operations of the Ministry, confirmed that the memorandum signed at the US Embassy in Baghdad will help the Ministry to update its methods of work and" fix "the administrative machinery.

The oil Ministry is seeking to develop the energy sector through oil and gas licensing rounds started granted to international companies, since 2009, the number of those 11 went to the most important international companies (Exxon Mobile and BP and shell script).

Another oil Ministry signed a contract licensing round in fourth (27 January 2013), to explore the area in Basra and ninth contract went to Kuwait energy company Coalition, wedrakon oil.

The oil Ministry said that this year will witness the signing of oil contracts, as there was a fifth round of licences to announced later.

And Iraqi Deputy Prime Minister for Energy Affairs Hussein Al-Shahristani, in (18 last December 2012), that Iraq looks forward to 2017 to reach production capacity of College at a rate of 9-10 million barrels of oil a day, according to the International Energy Agency that Iraq will produce six million barrels of oil a day by 2020, it will not reach the level of production of eight million barrels per day by the year 2035.

The oil Ministry revealed, (18 January 2012 the last), a plan to increase oil production during the year 2012 to reach three million and 400,000 barrels a day and its oil exports increase to 2.6 million barrels per day.

In a survey by OPEC source States, experts and officials from international oil companies, in the second of this month, Iraq and Saudi Arabia oil exports raised the rate of monthly oil exports in the past month, the survey described Iraq "as soon as exporters in the world."

And only 10% is cleared of Iraq for oil and gas deposits with estimated reserves are installed throughout the country with estimates ranging between 45 and 215 billion barrels of oil, what creates a great opportunity for international investors who seek to enter the market of Iraqi oil and gas bidding rounds proclaimed by the Ministry of oil

Iraq needs investment worth 15-20 billion dollars in investment to build four new refineries and expansion of the energy sector.

Iraq relies on his balancings almost wholly financial oil and up to more than 90% as the Iraqi Government announced the budget in 2013 and balance amounted to 138 trillion dinars, from which exports adopted by 2.9 million barrels and at $ 90 per barrel. Read more: http://www.microsoft...ws.php?id=93630 (http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.sotaliraq.com%2Fmobile-news.php%3Fid%3D93630)

4aprofit
06-02-2013, 05:04 AM
Iraq investing in 10 gas exploration sites, worlds largest

24 March 2013 04: 05 pm Last updated: 24 Mar 13 04: 05 pm

Iraq,
is preparing to roll out new licenses to invest 10 gas exploration
sites, global companies this year, is the fifth of its kind since 2009,
said a spokesman for the oil Ministry, Assem Jihad, adding that the
Declaration will be made after the completion of the required documents.

According
to the country's East, Iraq plans to invest about $ 175 billion in the
oil sector during the next five years, with a view to increasing the
rate of production to 9 million barrels a day.

It is worth noting
that Iraq possesses the third largest oil reserves in the world, an estimated
143 billion barrels, and 3.2 trillion cubic meters of gas, the highest in
the world.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.mubasher.info%2Fportal%2FISX%2F getDetailsStory.html%3FstoryId%3D2277674%26goToHom ePageParam%3Dtrue

4aprofit
06-02-2013, 05:05 AM
Al Faw Grand Port

http://www.youtube.com/watch?v=Z0DJ8nJ_HLI&feature=player_embedded

4aprofit
06-02-2013, 05:05 AM
The railway project linking Iraq to Europe

21-03-2013 07:36 AM

Baghdad (newsletter). Said economist Mohammed Ahmed Al-Hasani, the railway project linking Iraq to Europe would support the Iraqi economy and energizing of the commercial traffic between Iraq and Europe.
He said Al-Hassani (News Agency): the geographical location of Iraq featured linking Asia with Europe makes Iraq a corridor to cross European and Asian goods, provided that there are plans to use the site through railway and the establishment of d-quick ways to facilitate business transfers.
He added: the Department of transportation plan to extend the railway with Europe will boost the national economy in terms of economic ties with the developed countries, will stimulate the commercial traffic between Europe and Asia across Iraq, and get financial returns from transit and other operations.
The Ministry of transport has announced the completion of the final designs in cooperation with international companies for the railway line between Iraq and Europe through Syria and Turkey, but stressed that the implementation of this project without the approval of the Act will require infrastructure./finished/8 n. p.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Findex.php%3Fpage% 3Darticle%26id%3D78725

4aprofit
06-02-2013, 05:11 AM
IMF LINK: STILL SHOWING A PROPOSED STUDY @ $1.13 PER DINAR

The link provided has copyright 2012 at the very bottom center of the page, it sometimes has events scrolling across the top that show events for 2013 also, so we know this is relevant info..and that this is currently a proposal that either is, or could still be being considered...or IMO..they should have changed it by now..we will see....

Read #3 at bottom of page/document
ttp://www.mop.gov.i...&pid=295&lng=en (http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en)

(1.134) dollar per dinar beats many of the other stories we are told...even though many think it will be much higher....but who knows..it's just another for what it's worth.....

4aprofit
06-02-2013, 05:14 AM
Iraq's geographical location and resources focus of all countriesMember of the economy: Iraq's geographical location and its natural resources the focus of attention of all countries of the world economically

14-03-2013 10:33 AM

http://www.ikhnews.com/image.php?token=39e73b73aa731261f87475631aa8c52b&size=
Baghdad (news) .. A member of the Committee on the economy and investment MP / National Alliance / Hussain Salman Mura'bi initiative Iraq to provide Egypt with crude oil as 'good' because it will serve the economies of both countries and promote mutual cooperation in all economic fields. said Mura'bi (of the Agency news): The geographical location of Iraq and its natural resources owned by assisted on to be the focus of all countries of the world is connecting the Gulf to Asia, Europe and even Africa, promptingEgypt prefer to import oil from Iraq without another country. added: that Iraq's agreement to provide Egypt with crude oil is a positive initiative and pour the interests of the two countries, because it will strengthen their trade and economic at various levels and sectors such as tourism, industry and agriculture, and this joint work will help to absorb unemployment plaguing the two countries. This was Iraqi Prime Minister Nuri al-Maliki to provide Egypt with crude oil after the visit of Prime Minister of Egypt with a government delegation comprising a group of ministers and businessmen Egyptians to Baghdad last week, for the purpose of promoting economic cooperation between them. / end / 8. n. p /

ikhnews.com

4aprofit
06-02-2013, 05:15 AM
Number of American restaurants and supermarkets to be opened in Kurdistan

13/3/2013 18:36:00
http://pukmedia.com/Wenekan_EN/2235181332013_save_supermarket.jpeg
NUMBER OF AMERICAN RESTAURANTS AND SUPERMARKETS TO BE OPENED IN KURDISTAN
After they visited Kurdistan, a number of American entrepreneurs decided to open some restaurants and supermarkets.
The governor of Sulaymani received some American entrepreneurs, who visited Kurdistan for investment purposes. The American entrepreneurs said that they have observed the investment opportunities in Kurdistan and decided to open restaurants as a first step.
The governor of Sulaymani showed readiness of KRG to make their plans happen.
PUKmedia
pukmedia.com/EN/EN_Direje.aspx?Jimare=3498

4aprofit
06-02-2013, 05:18 AM
Economist: Iraqs gold reserves avoids crisis from the dollar and the euro

Date: 2013-03-04 08: 16: 13 Monday

Baghdad
(newsletter). The Economist hailed as beautiful, Central Bank action to
boost its gold reserve in addition to the dollar as a positive step
towards strengthening the national currency.

A beautifully (News
Agency): there is a global economic crisis has hit the dollar, the euro,
will affect the economies of third world countries, including Iraq.

Explained:
the majority of world States began distancing themselves from the
dollar as the currency for the price of wobbling as a result of the
global economic crisis, turned to store gold is safe haven for national
currency to keep it from being lost.

He added that the Central
Bank towards enhancing its gold reserves and reduce dependence on the
dollar is a positive step and will support the national economy and the
Iraqi dinar.

And the reports of international organizations,
noted that Iraq resorted to storing gold to strengthen reserves of gold
and cash reserves of the dollar in order to maintain his property and
stability of the Iraqi dinar exchange rate/finished/8 n. p.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Fnews.php%3Faction %3Dview%26id%3D76755

4aprofit
06-02-2013, 05:20 AM
CONSTRUCTION WEEK ONLINE
Bloom signs deal for huge Iraq projecton Mar 4, 2013













http://constructionweekonline.com//pictures/300x200/Karbala-Iraq.gif (http://www.constructionweekonline.com/pictures/Karbala-Iraq.gif)
Karbala, Iraq

RELATED ARTICLES: RMD opens Iraq office to meet 'local' needs (http://www.constructionweekonline.com/article-21190-rmd-opens-iraq-office-to-meet-local-needs/)l Iraq to build 20,000 new homes (http://www.constructionweekonline.com/article-20110-iraq-to-build-20000-new-homes/) l Iraqi provinces seek investment (http://www.constructionweekonline.com/article-19623-iraqi-provinces-seek-investment/)
Bloom Properties has announced that it has signed a deal in Iraq to build a massive new housing project over a 20km2 plot on the banks of Lake Razaza in Karbala.
Under the terms of the agreement, Bloom Properties will develop up to 40,000 housing units in four different districts over a number of phased development periods. The project, known as Shores of Karbala, is expected to become home to between 200,000-250,000 people.
The contract was signed by the CEO of UAE-based Bloom Properties, Simon Azzam, Karbala governor Amal Al Deen Al Hir and the chairman of Iraq's National Investment Commission, Dr Sami Al Araji.
Bloom Properties was among the first group of UAE-based developers to sign agreements last year with Iraq's Ministry for Housing and Construction following the latter's appearance at the Cityscape Dubai conference last year. Fellow UAE-based developers Emaar Properties and Damac Properties have also signed development deals.
A foundation stone for the project was laid at the project in Karbala yesterday, which is a holy city for Shia muslims.
Dr Al Araji said: "The project will contribute to the urban planning development of Karbala. Our strategy is to take the holy city to a new level by improving the distribution of population density and urban centres and shaping it into a vibrant metropolis.
"Karbala will also comprise multiple modern centres that will be complemented by the establishment of a series of ecosystems. This is in line with our strategy to augment landscaping areas across all plots."
Simon Azzam said: "With the signing of this contract, we are set to commence work on the preliminary planning phase. This is one of the largest real estate projects in Iraq and will be developed on several phases taking into consideration high quality standards suitable for such a project.
"The 'Shores of Karbala' will cater to all sections of society and will offer will offer significant investment opportunities, which in turn help generate considerable job opportunities for Iraqis. "
Initial work involves surveying of land and gaining the necessary approvals to build. The developer is also still working up a masterplan for the site.

http://www.constructionweekonline.com/article-21204-bloom-signs-deal-for-huge-iraq-project/#.UT--79YWLk1

4aprofit
06-02-2013, 05:22 AM
Oil Reserves in IraqFrom Wikipedia, the free encyclopedia




This depicts where the previous known reserves of Oil in Iraq was at 143 billion barrels, but now is currently found to be at 350 billion barrels...


http://en.wikipedia.org/wiki/Oil_reserves_in_ (http://en.wikipedia.org/wiki/Oil_reserves_in)

4aprofit
06-02-2013, 05:28 AM
Oil Reserves in IraqFrom Wikipedia, the free encyclopedia




This depicts where the previous known reserves of Oil in Iraq was at 143 billion barrels, but now is considered soon to be the worlds largest....







http://en.wikipedia.org/wiki/Oil_reserves_in_Iraq

4aprofit
06-02-2013, 05:30 AM
Unlocking Iraq's true valueEconomic forecasts for Iraq continue to make for pleasant reading. The most recent IMF World Economic Outlook predicted GDP growth of 10.2% in 2012 and 14.7% in 2013 and Iraq has one of the world's largest oil reserves.

But the IMF also acknowledges that the task of rebuilding the country remains immense and that reconstruction requires not only the rebuilding of its infrastructure, but also of its economic and social institutions and the creation of a business environment that attracts capital.

The scale of the challenge is reflected in the performance of Iraq-focused funds over the last 12 months. Northern Gulf Partners' Iraq Investment Partners fund was down 3% last year - after growing by more than 20% in 2011 - although strong final quarters enabled the Iraq Opportunity Fund and the FMG Iraq Fund to venture into positive territory. Unaudited figures for 55 North Company's Iraq Phoenix Fund indicate growth of 5%.

Invest AD's Iraq Opportunity Fund also bounced back in November, mainly as a result of positive investor sentiment in some of the larger-cap stocks, particularly Bank of Baghdad and North Bank, explains portfolio manager Sherif Salem. He adds that companies in the telecoms sector present a clear opportunity for growth in terms of both revenues and subsidies.

Telecoms Boost

"In a market dominated by the banking sector, the IPO of Asiacell could give the market a boost," adds Salem. "It is expected that it will involve the floating of a 25% stake in a deal that could be worth as much as USD 1 billion, which would immediately add depth and liquidity to the Iraqi stock market."

Shares of Asiacell Communications, in which Qatar Telecom owns a majority stake, traded higher in their market debut on February 4, after the Iraqi telco raised about USD 1.3 billion in the Middle East's largest initial public offering since 2008, according to a Zawya Dow Jones report.

The offer for 67.5 billion shares priced at IQD 22 each was fully subscribed. Qtel acquired shares worth USD 207.12 million in the IPO to increase its stake in Asiacell to 64.06%, from 60%.

Iraq's three mobile companies - Asiacell, Korek and Zain Iraq - are required to list 25% of their shares under the terms of licenses bought in 2007, and forthcoming flotations could mean telecoms become a leading theme in many portfolios.

FMG investment analyst Henrik Kahm describes Iraq as one of the fastest growing telecoms markets in the world, while he is also bullish on the banking sector. He also refers to consumer stocks as "looking interesting, but still very few options currently listed" and expects more funds to enter the market once the custody issue is resolved (see below).

There is general agreement that Iraqi assets are still undervalued. "Many companies have book value several times their market cap and companies in general are operating at a fraction of their future capacity," says Kahm.

Iraq is not a 'dirt cheap' market - banks are trading at 1.5 times trailing earnings, on average - but future growth opportunities are evident when you look at domestic credit provided to the private sector as a percentage of GDP. The World Bank puts this at 9%, compared to 56% in Kuwait, 47% in Russia and 40% in Saudi Arabia, observes Michael Daoud, vice president MENA sales at broker Auerbach Grayson.

Paul Collison, managing director of investment management firm 55 North Company, agrees that there are investment opportunities both in ISX listed stocks and in foreign-listed firms with activities in Iraq. But he adds that many investors - especially retail/individual investors - will not be able to fully understand and evaluate risks. "Furthermore, we have come across numerous situations that (upon more detailed analysis) we would short if we were able to. Many listed companies have dismal prospects so investors must be careful of company-specific situations. Some can (and will) go to zero over time and others will experience negative news and shocks to their valuations, most likely around corporate governance and other issues."

Northern Gulf Partners portfolio manager Bartle Bull reckons telecom IPOs and the continuing extraordinary growth in assets, deposits and profits of Iraq's top banks are the next big investment story for Iraqi funds.

To this list, Collison adds completion of a critical mass of the oil and gas export infrastructure from Kurdistan to Turkey, and enactment of federal oil and gas law. "As hydrocarbon production ramps every quarter, incoming cash flows become extraordinary relative to the size of the country's GDP, let alone the market valuation of its stock exchange," he said.

Suppressed Consumption

Daoud says the main investment story in Iraq for the last several years and for the foreseeable future is suppressed consumption because of previous wars and the sanctions imposed on Iraq from 1990 to 2003.

"Now this consumption is driving growth, alongside the rapid increase in oil and gas exploration and production. It is very hard to play specific sectors or themes in Iraq as the market is heavily dominated by banks, which constitute around 60-70% of the market cap and most of the activity on the exchange. The one name that I like outside of the banks is Baghdad Soft Drinks."

For investment funds, Daoud accepts that the majority of investment is still going through companies listed on the ISX, but adds: "if you are talking about general investments going into Iraq, I would say it is off the exchange."

Indeed, Bull concludes that the real foreign investment in Iraq to date has been direct investment, in private equity opportunities and oil. "With the Asiacell IPO and the follow-on opening up of the ISX to other capital raising, 2013 will be the year that public markets start to catch up as a way into Iraq's economic boom."

Custody conundrum

One of the issues affecting Iraqi investment, and a challenge preventing to the creation of more dedicated Iraqi funds, is the continued absence of the major custody agents.

"Custody arrangements are generally not recognised in Iraq; the registered holder of securities being regarded for all purposes as the true legal and beneficial owner of said securities," explains Khaled Al Saqqaf, partner & head of Iraq office of law firm Al Tamimi.

The Iraq Securities Commission recently issued ISX Custodian Instructions No. 17 of 2012, which regulates the licensing of custodians in Iraq. However, these instructions do not provide any guidance as to the permitted activities of such custodians, continues Al Saqqaf.

"In particular, it remains to be seen whether the relevant authorities find that such custodians shall be entitled to hold shares on behalf of others. In the past, custody arrangements have been limited to providing assistance to investors in opening accounts, obtaining an investment number and/or relaying orders to brokers."

Henrik Kahm of FMG is relaxed about the situation, pointing out that his firm is comfortable settling all trades directly with the Iraqi central depository system. "Given the large pending IPOs in the telecom space, we envision these liquidity events to add to the level of attractiveness of a pending custodian to emerge sooner rather than later."

Bartle Bull of Northern Gulf Partners is also unconcerned, and suggests that those who stay away because of custody are losing out to those who find good brokers and enter the market. "The ISX is providing a workaround, allowing investors to block broker sales of the stocks beneficially owned by investors."

However, Paul Collison of 55 North Company describes the custody situation as a "deal-breaker" for many. With very few exceptions, even the emerging markets groups within global institutional firms will be unwilling to invest without custody, he suggested.

© MENA Fund Manager 2013

http://www.zawya.com...20130207051146/ (http://www.zawya.com/story/Unlocking_Iraq_s_true_value-ZAWYA20130207051146/)

4aprofit
06-02-2013, 05:32 AM
FMG Special Opportunity Fund Iraq


https://www.avanza.s...resentation.pdf (https://www.avanza.se/aza/events/fmg/irak/fmg_iraq_fund_presentation.pdf)

4aprofit
06-02-2013, 05:33 AM
Iraq’s flood of ‘cheap oil’ could rock world markets

Production on track to surpass Saudi Arab

The IEA (http://www.washingtontimes.com/topics/international-energy-agency/) said Iraq (http://www.washingtontimes.com/topics/iraq/) will need to boost production to prevent another destabilizing spike in prices the next time the world economy is firing on all cylinders. It estimates that if things go well and Iraq (http://www.washingtontimes.com/topics/iraq/) is able to make the hefty $530 billion of investments needed to triple production in coming years, world oil prices still will rise gradually to $215 a barrel by 2030 because of fast-growing demand in emerging countries.

http://www.washingtontimes.com/news/2013/feb/3/iraqs-flood-of-cheap-oil-could-rock-world-markets-/?page=3#ixzz2JuJy1cDr

4aprofit
06-02-2013, 05:35 AM
Editorial: Iraqi economy is the world’s fastest growing and at a crossroads

D. Kamal Basri
Dean of the Iraqi Institute for Economic Reform

Iraqi economy in the world’s fastest-growing

Issued by the Bank of America Merrill Lynch (BAML) in the United States report shows that Iraq will Achieve the highest growth rate for the years 2012-2013 in the world, data showed Wall Street bank (Wall Street bank’s data) that Iraq will achieve the highest growth rate in GDP (GDP) for 2012, which amounts to 10.5%, and China ranked second at 7.7% and the top ten economies in the world will not exceed its estimated growth rate of 5.5% for the same year.

The same source reported that in 2013 the will of the Iraqi economy highest growth rate equal to 8.2%, followed by China. The expected growth referred to above is due mainly to the success of the oil ministry, which led to the increase in oil production to more than 3.3 million barrels per day, has been achieved this progress by decades licensing rounds concluded by the Iraqi government with international oil companies to develop the fields.

The truth is that Iraq has made ​​progress in the political, economic, At the political level achieved significant progress through: the development of the practice of the individual to freedom of personal, intellectual and political, and democratic practices and of the referendum on the constitution and the holding of general and local elections, as well as the adoption of legislation supportive of decentralization, even Iraq has become truly a milestone in the Arab region, despite the challenges and shortcomings plaguing through the political process. On the economic front Iraq achieved various Successes for the period from 2004 -2011:

1 decline in the unemployment rate from 51% to 15%. 2 reduced poverty from 54% to 23%. 3 low rate of inflation from 65% to 6% . four high sanitation and sewer system from 6% to 36%. 5 high production of electric power from 3,500 to 7 500 MW. 6 high per capita GDP from 3000 to five thousand dollars. seven reduced Iraq’s debt of $ 127 billion to $ 54 billion.

But the ability Aljhazaovernma to provide basic services is still below the required level due to lack of access quantum leap in the governance of public institutions, where we find that 20% of families is dissatisfied with health services and housing, and 30% of the level of educational services, and 60% for other services all the water and electricity (according to data from the Ministry of Planning).

The danger lies upwardly Spiraling and the enormous revenues oil, with the continued reluctance of the public and private sector in the implementation of service projects (which would provide basic services to citizens), and the continuing weakness in the application of vocabulary governance in public institutions, will lead to fueling the political divide and the sectarian and ethnic into conflict not know Mdyate (According to reports by the World Bank).

Indeed now that Iraq is at a crossroads and either of the following situations:

1 – optimistic: This situation requires: (a) raise the human development indicators by Investing in the necessary infrastructure for the purpose of access to the provision of basic needs of the citizens of public services, especially education to raise its potential intellectual and scientific support for the development and good governance and the rule of law. (B) reform the laws and procedures that are impeding the development in order to create a supportive environment for the advancement of economic activities to find a competitive base in a globalized world. According to the above conditions are expected to vary rates of GDP components so that the contribution of oil below 30%, and with the imposition of achieving this case means a great deal of development and economic well-being of the citizen.

2 – missed opportunity: the case achieved by supporting reform of the laws to change, but far from achieving human development and the rule of law. In other words that the government undertake the necessary actions by the legislation of laws and procedures in support of economic reform, but the absence of the rule of law remains (quotas) and good governance challenge in the implementation of economic projects, including infrastructure. And it is expected to be the contribution of oil in GDP by more than half.

3 – disappointment: is a situation that can not be achieved by supporting reform of the laws to change, but are evolving human development and the rule of law. The disappointment comes from the progress of human development indicators and provide queens rule of law and good governance can not find legal environment chock interview and incubator for change and development. The structure is expected to be dominant GDP him to a lesser extent by the oil sector, due to the increased contribution of other sectors relatively .

4 – despair: is a situation that does not happen reform of the laws do not occur advanced in human development and the rule of law. In this case, the ratio of the contribution of the oil sector on the rest of the tyrant components of GDP and more than 50%. Perhaps the situation that Iraq is going through the time being, which is characterized by: non-recognition and legislation important laws such as the law of oil and gas, infrastructure and law of parties and others, and the continuation of low human development indicators (due to poor delivery of public services) represents the fourth case “despair.”

The foregoing, we find that it requires a decisive and realistic solution is embodied in adopting a new approach to speed up the building of infrastructure . This solution includes the adoption of “private sector participation contracts for the year” as a strategic option in the current phase, and as an alternative to the style of the existing contract and through which can overcome all problems of inadequate government allocations, and address the lack of efficient performance in the implementation of projects. And through these contracts rehabilitate the private and public sectors, and through Twining local institutions with foreign companies contracted, and the fruits of these contracts of technology transfer and modern traditions.

Based economic development in many countries of the world on the leadership role of the government (as is the case in Singapore, Malaysia, Brazil and China), and in Iraq has become in the aftermath of the political process and its negative impacts on non-decision-making and legislation necessary laws, no secret that it requires leadership unconventional but professional – impartial Technocratic political affiliation. Past years have revealed that political competition which flooded the institutions and personnel departments do not have the ability to deliver appropriate background and to pick out the fruits of training and rehabilitation. Also prevented the existing policy of attracting qualified Iraqi material and give them the privileges enjoyed by the political class (as happened in countries such as Turkey, Malaysia and Korea). Each estimate, by the Council or the reconstruction is sparing the country from the risk of decisions or inappropriate policies.

Finally, democracy in Iraq is still reduced and the National Action monopoly through partisan political action (which is still not done regulated by law!), Either non-governmental institutions and non-political are trapping procedures and laws is not as flexible as it does not have any government support. The oppression of non-governmental organizations in this form will deprive citizens to know the truth about the way things happened the dimensions of the enactment of the infrastructure, and Disrupt the repair of the ration card, and delayed Fueling economic development policy. The support of civil society organizations representing the contribution in building the edifice of democracy and development.

almowatennews.com

4aprofit
06-02-2013, 05:36 AM
Wells Fargo Opens International Branch in Dubai (http://www.dinarrecaps.com/1/post/2013/01/wells-fargo-opens-international-branch-in-dubai.html)01/29/2013
0 Comments (http://www.dinarrecaps.com/1/post/2013/01/wells-fargo-opens-international-branch-in-dubai.html#comments)


IRAQ DAILY JOURNAL January 29,2013

Wells Fargo Opens New International Branch in DIFC

http://www.iraqdailyjournal.com/story-z7028548

Company’s 10th international branch; Located in Dubai International Financial Centre
Dubai, United Arab Emirates, January 28, 2013

To better serve its Global Financial Institutions (GFI) customers throughout the Middle East and North Africa, Wells Fargo & Company (NYSE: WFC) announced today it has opened a new branch in the Dubai International Financial Centre (DIFC). The new branch will help to expand the company’s existing GFI services, which include trade, payments, deposits, credit and foreign exchange services to financial institutions in the Middle East and North Africa (MENA) region.

“Wells Fargo has operated in the MENA region for more than 15 years and we intend to strengthen our presence and capabilities to best serve our GFI customers,” said Charles Silverman, head of Wells Fargo’s GFI business. “With our new location in the DIFC, we can provide our GFI customers in the region with an expanded range of products and services.”
....
Currently, Wells Fargo has 12 team members in the new branch office, which is managed by Shoar Hassan, senior executive officer and regional manager, and is located in the Gate Village at DIFC. Known as the region’s leading financial center, the DIFC serves as the regional headquarters for many global companies and financial institutions.

“We are pleased to welcome Wells Fargo to DIFC and look forward to supporting the company’s mission to expand its offering in the Middle East and North Africa,” said Jeffrey Singer, CEO of DIFC Authority. “Not only does the addition of such a well-established global name to our client portfolio reinforce Dubai’s position as a leading business hub, providing accessibility and connectivity to surrounding markets, but also shows recognition of the potential opportunities within the region.”

Operating from more than 35 global locations, Wells Fargo’s International Group now has branch offices in Cayman Islands, Dubai International Financial Centre, Hong Kong, London, Seoul, Shanghai, Singapore, Taipei, Toronto and Tokyo.

About Wells Fargo & Company

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy.

With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

About DIFC

The Dubai International Financial Centre (DIFC) is the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia and the Americas. Since its launch in 2004, DIFC, a purposely built financial free zone, has been committed to encouraging economic growth and development in the region through its strong financial and business infrastructure.

Currently, DIFC's client base comprises almost 912 active registered firms, including 19 of the world’s top 25 banks, eight of the world’s ten largest insurers, six out of ten top law firms, 11 of the top 20 money managers in the world. Around 14 thousand employees operate in an open environment complemented by international legal and regulatory standards. DIFC offers its member companies benefits such as 100 per cent foreign ownership, zero per cent tax rate, with no restriction on capital convertibility or profit repatriation.

DIFC has its own independent financial and ancillary services regulatory body, the Dubai Financial Services Authority (DFSA). It also has the DIFC Courts, which is an independent common law judiciary based in DIFC with jurisdiction over civil and commercial disputes in or relating to the Centre.

DIFC is built upon a modern legal, regulatory and physical infrastructure, which makes it the destination of choice for Financial Services firms establishing a presence in the region. For further information, please visit our website: www.difc.ae (http://www.difc.ae/), or follow us on Twitter @DIFC.






WELLS FARGO OPENS NEW INTERNATIONAL BRANCH IN DIFC


Company’s 10th international branch; Located in Dubai International Financial Centre


Dubai, United Arab Emirates, January 28, 2013
To better serve its Global Financial Institutions (GFI) customers throughout the Middle East and North Africa, Wells Fargo & Company (NYSE: WFC) announced today it has opened a new branch in the Dubai International Financial Centre (DIFC). The new branch will help to expand the company’s existing GFI services, which include trade, payments, deposits, credit and foreign exchange services to financial institutions in the Middle East and North Africa (MENA) region.


“Wells Fargo has operated in the MENA region for more than 15 years and we intend to strengthen our presence and capabilities to best serve our GFI customers,” said Charles Silverman, head of Wells Fargo’s GFI business. “With our new location in the DIFC, we can provide our GFI customers in the region with an expanded range of products and services.”


Currently, Wells Fargo has 12 team members in the new branch office, which is managed by Shoar Hassan, senior executive officer and regional manager, and is located in the Gate Village at DIFC. Known as the region’s leading financial center, the DIFC serves as the regional headquarters for many global companies and financial institutions.


“We are pleased to welcome Wells Fargo to DIFC and look forward to supporting the company’s mission to expand its offering in the Middle East and North Africa,” said Jeffrey Singer, CEO of DIFC Authority. “Not only does the addition of such a well-established global name to our client portfolio reinforce Dubai’s position as a leading business hub, providing accessibility and connectivity to surrounding markets, but also shows recognition of the potential opportunities within the region.”


Operating from more than 35 global locations, Wells Fargo’s International Group now has branch offices in Cayman Islands, Dubai International Financial Centre, Hong Kong, London, Seoul, Shanghai, Singapore, Taipei, Toronto and Tokyo.




About Wells Fargo & Company
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.




About DIFC
The Dubai International Financial Centre (DIFC) is the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia and the Americas. Since its launch in 2004, DIFC, a purposely built financial free zone, has been committed to encouraging economic growth and development in the region through its strong financial and business infrastructure. Currently, DIFC's client base comprises almost 912 active registered firms, including 19 of the world’s top 25 banks, eight of the world’s ten largest insurers, six out of ten top law firms, 11 of the top 20 money managers in the world. Around 14 thousand employees operate in an open environment complemented by international legal and regulatory standards. DIFC offers its member companies benefits such as 100 per cent foreign ownership, zero per cent tax rate, with no restriction on capital convertibility or profit repatriation. DIFC has its own independent financial and ancillary services regulatory body, the Dubai Financial Services Authority (DFSA). It also has the DIFC Courts, which is an independent common law judiciary based in DIFC with jurisdiction over civil and commercial disputes in or relating to the Centre.


DIFC is built upon a modern legal, regulatory and physical infrastructure, which makes it the destination of choice for Financial Services firms establishing a presence in the region. For further information, please visit our website: www.difc.ae (http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.difc.ae&esheet=50543525&lan=en-US&anchor=www.difc.ae&index=1&md5=444bbb4039cf63ba0d47f9cd3e4ab5be), or follow us on Twitter @DIFC.

4aprofit
06-02-2013, 05:37 AM
U.S. Embassy in Baghdad holding training workshops to strengthen Iraqs banking & financial sector


Monday, 04 February 2013 18: 20

{Baghdad: Euphrates news}

The US Embassy in Iraq announced the establishment of training workshops to strengthen the financial and banking sector in Iraq.

A statement issued today said the Agency has received {forat news} "Mission of the United States in Iraq work through financial development project of the u.s. Agency for international development, with the Iraqi banking sector to assist banks in providing the best services".

"The US delegation called for 7 banks from across Iraq to attend a training workshop was held for the period of {21-28 month} and is the first of 20 training workshop will support banks and financial services sectors.

The statement quoted representatives of Ashur participated in the workshop as saying that "issues of credit and finance new in Iraq, where the training provided us with technical information and practical skills to understand how to expand our business in this sector."

Director of the Office said Iraq's u.s. Agency for international development, Thomas Stahl "we are excited about this type of training for the banking sector, and is part of our efforts to help the Iraqi banking system update to be available for all Iraqi citizens."

"In addition to this group of banking and financial training workshops, financial development project and international donors seeking to establish {Academy for banking and financial Sciences in Iraq} that this Academy will provide sustained support over the long term, and will enhance the ability of the local banking system and contribute to the establishment of a modern banking sector works smoothly and serve as a foundation for Iraq's growing economy".

The statement said that the "financial development project of the u.s. Agency for international development is an important embodiment of the strategic framework agreement between the United States and Iraq project envisages supporting the banking sector to be more dynamic, that would expand economic opportunities and prosperity for the Iraqi people." over


http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.alforatnews.com%2Findex.php%3Fo ption%3Dcom_content%26view%3Darticle%26id%3D32150% 3A2013-02-04-15-20-10%26catid%3D37%3A2011-04-08-17-25-57%26Itemid%3D57

4aprofit
06-02-2013, 05:39 AM
Economist: Crisis of the Dollar and Euro will not affect value of Iraqi dinar

Date: 2013-02-01 11: 46: 38 Friday

Baghdad
(newsletter). Economist Abdul Sattar dismissed al-Hashimi, the Iraqi
dinar exchange rate fluctuations in the world markets in America and
Europe.

He said al-Hashimi (News Agency): that the Iraqi dinar is
immune from the global economic crisis and would not be affected
because it is covered with large cash currency and more than 70 billion
dollars.

He added: the dinar exchange rate started getting better
and is recovering from what it was in the past, particularly after the
necessary actions taken by the Central Bank on how to balance the dollar
amounts at stake in the market through an auction sale of hard
currency.

He said: as well as the adoption of a new policy to
retain the gold and this will be a safe haven for preserving Iraqi funds
to support the dinar./finished/8 n. p


http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Fnews.php%3Faction %3Dview%26id%3D73162

4aprofit
06-02-2013, 05:43 AM
For anyone that wonders the value that Iraq really has, must evaluate the country members of OPEC. Iraq's currency value compared with oil reserves, exports, and money

Algeria to USD 78:1

Qatar to USD 3.6:1

Anyway it's worth a look. It shows substantial evidence that Iraq's current Dinar is undervalued.

http://www.opec.org/opec_web/en/ (http://www.opec.org/opec_web/en/)

4aprofit
06-02-2013, 05:44 AM
Iraqi Econmic Recovery leads to Donor Country Status soon
$70 billion financial stocks Iraq

23/01/2013 12:00 am

Khuzai: the economy recovered and per capita doubled in the budget

BAGHDAD - morning

Deputy President of the Republic Khudair Khuzaie that the Iraqi economy has recovered, which led to an increase in per capita budget and achieving financial stockpiling of Iraq $ 70 billion, stressing that Iraq will soon turn into a donor country to his brothers. Khuzaie said in Iraq speech to the Arab summit third socio-economic development, which concluded in the Saudi capital Riyadh yesterday: "This conference is one of the milestones that are betting the Iraqi economy, which recovered from the adventures of the system previous dictatorial and wars against neighboring countries and subsequent economic blockade. "and added that" the image of this recovery seemed clear through ongoing increases Moisnath In 2007, the annual budget was $ 42 billion and last year rose to $ 100 billion and will see situations consistently upward in the coming years, as per capita rose from the budget to 70 percent in 2012, also increased the balance of the country of hard currency for up to $ 70 billion. "The vice president continued: that "Iraq could play an active role in achieving the goals of the current conference and the subsequent and previous conferences to meet the challenges and we will support any decisions made about," noting that "Iraq sets targets for the development of the Arab economy is working detailed program for the elimination of unemployment among Arab youth and facilitate their movement and reduce dependence on foreign labor and will be open for Iraq to the hands of Arab labor. "


http://www.alsabaah.com/ArticleShow.aspx?ID=43073

4aprofit
06-02-2013, 05:45 AM
International Monetary Fund: growth rates will create economic stability for Iraq

Tuesday, January 22, 2013 16:25

http://www.albaghdadianews.com/media/k2/items/cache/4a8081ac4f4d4764493c1a29999ec5e3_S.jpg
BAGHDAD / Baghdadiya News / .. The representative of the International Monetary Fund in the Iraq expert Yahia Khairi Said, Tuesday, rates of economic growth and contribute significantly to the creation of economic stability to Iraq.
According to a statement issued by the office first deputy chairman of the House of Representatives Qusay al-Suhail received / Baghdadiya News / copy of it, that "Suhail received in his office today the representative of the International Monetary Fund in Iraq expertYahia Khairi Said, and discussed with him the work done by the International Monetary Fund for Iraq and the technical assistance and training which can be performed by the Fund for competent cadres. "
The statement continued, "The two sides discussed how to fund that supports the development sector in Iraq through the modernization of economic methods of dealing in Iraq." Finished / 21

albaghdadianews

4aprofit
06-02-2013, 05:47 AM
Iraq tempts local firms with projects worth $1Trillion

Jan 11,2013

Korean
companies are welcome to follow Hanwha Group’s lead in helping
reconstruct Iraq and investment opportunities abound, said Sami R.
Al-Araji, chairman of the Middle Eastern country’s National Investment
Commission (NIC), yesterday.

The Baghdad-born chairman, who is
visiting Korea with 14 members of his technical committee, said Iraq’s
reconstruction projects will be worth up to $1 trillion over the next
decade. He said he hopes Hanwha Engineering and Construction’s recent
deal will encourage other local players to follow suit.

Hanwha
hit the jackpot last May after signing a $7.75 billion deal with the NIC
to build a new city. Better known as the Bismayah New City Project
(BNCP), the deal is the single-largest overseas construction project
ever won by a Korean company.

“Many Korean companies can see the
Hanwha deal as a stepping stone,” said Al-Araji during a press
conference at the Plaza Hotel in central Seoul. ”We would like to
welcome other Korean companies with expertise to participate in the
project.”

The chairman said the reconstruction work will be
spread over two five-year plans, one from 2013 to 2017 and the other
from 2018 to 2022. For the first five years, Iraq will grant projects
worth a total of $300 billion, including new refinery plants and
electricity facilities and factory upgrades. It will also build one
million houses.

“Iraq hopefully in 2017 will be exporting six
million barrels of oil,” he said. “There are immense and diversified
projects that can hopefully put Iraq back where it was.”

As for
security, Al-Araji said 16 to 20 Korean companies already have offices
there and are managing without any significant problems.

“Iraq
today is stable and secure,” he said. “I won’t say it’s a comfortable
place to work, but I know Koreans are accustomed to working in all kinds
of environments.”

The Korean government is also willing to
support such deals. The Korea Trade-Investment Promotion Agency on
Wednesday signed a strategic partnership agreement with NIC and will
hold a business forum in April.

“The problem for Korean companies
to do business in Iraq is financing,” said Kim Hyun-myung, Korea’s
ambassador to Iraq. “The government’s role is to create greater trust
and credibility between the two sides.”

Meanwhile, Al-Araji said the NIC is talking about extending its business ties with Hanwha, one of Korea’s top 10 conglomerates.

Hanwha
E&C has already been handed full responsibility for the design,
supply and construction of the city for a seven-year period. At 1,830
hectares (4,522 acres), the city located 10 kilometers (6.2 miles)
southeast of Baghdad will contain 100,000 houses. It requires new
infrastructure, including roads and water and sewage facilities.

“We
discussed building several power plants, refineries, and also talked
about insurance cooperation,” he said. “Hanwha is in a privileged
position, and it has already earned the respect of the Iraqi people.”

Al-Araji,
who holds a doctorate in mechanical engineering, said the absence of
Hanwha Group Chairman Kim Seung-youn would not affect the group’s
business dealings in Iraq.

Kim was sentenced last August to four
years in prison and given a 5.1 billion won ($4.5 million) fine for
embezzlement and breach of trust. The 61-year-old tycoon is currently
hospitalized after the Seoul Central District Court agreed on Tuesday to
release him from prison until March 7 for health reasons.

“We’re
very sorry about the incident and we wish him well,” Al-Araji said.
“Our relationship will not be affected because there is a commitment
from Hanwha Group and the Korean government.”

Hanwha E&C said
all plans are running on schedule and it is currently building a base
camp where 26,000 workers can reside. Its BNCP unit will move to Iraq in
March, while the official construction of houses will begin in
December.

By Joo Kyung-don [kjoo@joongang.co.kr]

http://koreajoongangdaily.joinsmsn.com/news/article/Article.aspx?aid=2965335

4aprofit
06-02-2013, 05:48 AM
U.S. Federal Reserve controls the Iraqi foreign currency
Baghdad - Al-Hayat
Wednesday, January 9, 2013 http://alhayat.com/Content/ResizedImages/293/10000/inside/130108060855355.jpg
A source familiar with the Central Bank of Iraq's Al-Hayat, that the Iraqi government is unable to act in cash reservoir abroad because it is lodged with the U.S. central bank. He stressed that the latter had already agreed with the United Nations and the Department of the Central Bank of Iraq to reject the transfer any amount outside the framework of the budget.
The experts predicted the end of the crisis, the Central Bank of Iraq for fear of exposing the big names in the political and financial center, which was confirmed by sources familiar with the investigation, pointing to the issuance of a judicial decision to release the deputy governor of the Bank appearance in favor and 30 employees were arrested earlier.
The Supreme Judicial Council issued on 19 October (October) last arrest warrant against the Governor of the Central Bank and a number of officials in corruption cases, and arrested 32 staff with the governor's refusal to Shabibi decision.
Sources from within the central bank leaked «life» implementation details of the arrest of the deputy governor and showed that the warrant included three officials are Governor Sinan al-Shabibi and his deputy, the appearance of Saleh and General Manager of the banking sector Ali Abu Nayla.
The sources added that Shabibi and Abu Nayla not surrender themselves to the concerned authorities, but Saleh turned himself in after the security authorities arrested some members of his family. She noted that the investigators concluded achieved with the deputy governor and is satisfied that there is no evidence incriminating, and decided to end his detention on bail pending completion of the investigation, but the security authorities represented by the Ministry of Interior refused to release him or allow the media confronted inside prison «upper» in Baghdad.
A source close to the investigation committee that «the number of staff of the Central Bank beyond 1235, distributors headquarters and four branches in Nineveh and Basra, Dohuk and Sulaymaniyah. He explained that the number of detainees less than 30, including 22 female and four officials, explaining that the reason for their arrest was that they were members of the board committee, where four staff members are elected to serve under the authority of the Board of Directors. He confirmed that investigators had evacuated the last for the members of the Committee and some employees because they are not interested in Bala
And the latest developments in the investigation pointed out that «the art is that the central bank adopted five banks eligibility to sell the dollar, and these banks offer to auction the bank to list in exchange for any amount of purchase, then implement the conversion and here are the responsibility of the Central implied not directly». The «has not issued any arrest warrant against officials of private banks involved while making sure of its involvement money laundering operations or smuggled out of Iraq.
He was a member of the Finance Committee parliamentary Hassan Ozmn announced told media three weeks ago, that Iraqi funds abroad are exposed to the risk of international trusteeship because of the participation of the United Nations to investigate the issue of the Iraqi Central Bank, expected to appoint UN special rapporteur to monitor the movements of Finance of Iraq, but the Iraqi Foreign Ministry denied this.
Noteworthy that the Iraqi Central Bank announced in August 2012 Iraq reserves rise of hard currency to $ 67 billion from 63 billion.
Furthermore, official denied the central bank can manipulate government these precautions, and said: «is still under the tutelage of the United Nations under paragraphs seventh item, and proceeds from the sale oil goes directly to the account itself, and even going out of the trusteeship is already present in the bank U.S. who refuses any requests issued by the Iraqi government regarding financial withdrawals outside the framework of the budget, and this is agreed with the United Nations to prevent any theft operations in Iraq, which continues to suffer instability.
And threatened Iraqi Central Bank Governor Sinan al-Shabibi resorting to 'all means' if the case is not resolved within the country, saying that the immunity of the bank have been overcome in Iraq.
http://alhayat.com/Details/470558 (http://alhayat.com/Details/470558)

4aprofit
06-02-2013, 05:52 AM
The New Iraq – Discovering Business 2013 (http://www.iraq-businessnews.com/2012/03/08/the-new-iraq-discovering-business-2013/)Posted on 08 March 2012. Tags: Allurentis (http://www.iraq-businessnews.com/tag/allurentis/), National Investment Commission (http://www.iraq-businessnews.com/tag/national-investment-commission/), NIC (http://www.iraq-businessnews.com/tag/nic/), The New Iraq – Discovering Business 2013 (http://www.iraq-businessnews.com/tag/the-new-iraq-discovering-business-2013/), UK Trade and Investment (http://www.iraq-businessnews.com/tag/uk-trade-and-investment/), UKTI (http://www.iraq-businessnews.com/tag/ukti/)

http://www.iraq-businessnews.com/wp-content/themes/IBN-Theme/thumb.php?src=http://www.iraq-businessnews.com/wp-content/uploads/2012/03/Laura-Curtis-allurentis-660x475.gif&w=250&h=180&zc=1&q=90 (http://www.iraq-businessnews.com/wp-content/uploads/2012/03/Laura-Curtis-allurentis-660x475.gif?d9c344)The 2013 edition of the definitive guide on doing business in Iraq, The New Iraq – Discovering Business, is underway.
Produced by allurentis and in association with the National Investment Commission of Iraq and UK Trade and Investment, it provides a comprehensive framework on conducting business in Iraq and is an invaluable reference source for companies either considering entering the Iraq market or for those already operating there.
Its practical, informative sections feature Iraq’s legal system, banking and finance, investment, infrastructure and industry sectors.
Containing articles from experts working in Iraq, it provides an exhaustive insight into Iraq today as the country opens its doors for business.
“Iraq is making major strides in rebuilding its economy – opportunities to trade and invest are growing fast and now is the time to get involved. If you are considering doing business in Iraq or want to find out more then ‘The New Iraq – Discovering Business’ should be your first port of call,” said Laura Curtis (pictured), Managing Director of allurentis.
The 2013 book, the 4th in the series, will be published in autumn 2012. To receive a copy of the current 2012 edition, please click here (http://www.iraq-businessnews.com/2011/11/22/major-new-guide-to-business-in-iraq/).
For further information or should your company wish to be involved, please contact laura.curtis@allurentis.com (http://us.mc1626.mail.yahoo.com/mc/compose?to=laura.curtis@allurentis.com)

4aprofit
06-02-2013, 05:54 AM
Kuwait: our relationship with Iraq are based on the principle of «profit» «loss»

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22-12-2012 | (Voice of Iraq) - (http://translate.googleusercontent.com/translate_c?depth=2&hl=en&ie=UTF8&langpair=ar%7Cen&oe=UTF8&prev=/language_tools&rurl=translate.google.com&twu=1&u=http://www.sotaliraq.com/mobile-news.php%3Fid%3D81399&usg=ALkJrhgR-vFjEZxbApUq-xV_WOlcGDPK9w#comments)




BAGHDAD - morning
Signed Iraq and Kuwait definitive agreement to drop lawsuits and
judgments about Iraqi Airways for financial compensation of half a
billion dollars. Comes at a time confirmed the State of Kuwait to its
relations with Iraq has become based on the principle »Profit Profit»
after it was based on the «loss loss».

The agreement was signed by the Iraqi side Advisor to the Minister of
Transport for aviation Kifah Hassan Jabbar and the Kuwaiti side chairman
of Kuwait Airways Corporation Sami half.

Said Jabbar in a press statement: he «a historic day not only in trade
relations between the two institutions Aeriktin but in bilateral
relations and the two brotherly peoples». Considered «the agreement and
the signing of which was the day a good omen and a practical step Avenue
express goodwill and sincere will to restore relations between the two
countries earlier outdated.

He continued: «signed today a serious step to achieve the goals we seek
Khaben», adding that «both Iraq and Kuwait had their insistence on a
settlement of this dispute and resolve it once and even launch and
return of relations between the two countries to better than it was».
Turn, the official said Kuwait after the signing ceremony: «Everyone
knows that there are many issues still outstanding between the two
sides, including the issue of financial compensation to Kuwait Airways
by the Iraqi government.

The «months ago there was a will by the Emir of Kuwait Sabah Al-Ahmad
Al to reach agreement in the amount of $ 500 million in exchange for
dropping lawsuits.
He also pointed out that he had already signed a preliminary agreement
between the Ministers of Transport of Iraq and Kuwait, as it has been
mandated «Kuwaiti» to negotiate a final solution to the issue,
explaining that he had been invited to the brothers from Iraq to visit
Kuwait, where there was a record of a road map before the meeting in
London in order to reach a final agreement ends to go to the courts to
drop lawsuits.

Half said «this is what was signed today, including determining the
duration-mid January next Iraqi government to pay the amount agreed upon
with banks approved for Kuwait's budget goes to Kuwait and then to
withdraw the case from the courts.

He explained that the previous agreement was based on the amount to be
paid in two stages 300 and $ 200 million is that the brothers in Iraq
and after the visit, negotiation and agreed to pay $ 500 million to end
the case.

Half stressed that «Today's agreement is the beginning of a historic
relationship between the two countries, where otherwise there is a
genuine desire on the level with political leaderships and peoples turn
the page on the past.

He added by saying: «it is not reasonable to visit Kuwait all over the
world and the world does not visit Iraq, which borders the country of
civilization and the holy places and the same thing for the Iraqis that
goes east and west of the trade and for other purposes not visit open
country like Kuwait.

The half that «the relations between the two countries based on the
principle became (profit profit) when you try to do (loss loss) over
more than 20 years, and that the two parties are pushing lot of money to
law firms in charge of those issues and do not get little or rare.
He also expressed hope that this agreement applies to all areas,
especially in the outstanding issues with Iraq as border markers and
compensation for farmers and oil fields, adding that «what drives by the
two countries on these issues is usually larger than it is different.
He also expressed the hope that it will return the relationship with
Iraq to what it was during the 400 years which combines countries links
descent, religion, Arabism, pointing out that «a lot of young Kuwaiti
and Iraqi believed that the relationship between the two countries has
always been based on tension and discord».

It is said that Foreign Minister Hoshyar Zebari sent a letter to Deputy
Prime Minister and Foreign Minister of Kuwait Sabah Al-Khaled Al-Sabah
written message on the bilateral relations between the two brotherly
countries and ways of strengthening them.

In the meantime, well-informed sources said Bri Center for the Iraqi
Media Network for near direct flights between Iraq and Kuwait.
The sources said: «Iraqi Airways will conduct the first flight soon from Baghdad to Kuwait International Airport.

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4aprofit
06-02-2013, 05:55 AM
Economists: Iraqi Treasures of phosphate & sulphur to be exploited & enrich the budget

Date: 2012/12/16 12: 25: 11 Sunday

Baghdad (News)/report/Hussein Faleh/... The adoption of annual budgets to Iraq on oil imports, the country has used for many years, despite its natural wealth lurk under the ground and vital economic sectors.

A number of Deputies and renewed the Economist calls the diversification of State financial revenues through investment of phosphate minerals and sulfur, as well as natural gas, warning in their talk (News News Agency) that rely on oil revenues to build general budget, to avoid potential problems on the national economy.

Member of the Committee for economy and investment Deputy/Iraqi/coalition Noora albegari, stressed the need to diversify State revenues and financial dependence on oil through the investment of sulphur and phosphates assets to avoid potential economic problems.

According to albegari (for news News Agency): that Iraq has large untapped natural resources as sulphur and phosphate, and can be exploited to avoid potential economic crises, as world oil prices or prevent the export of oil in the event of closing the Strait of Hormuz.

She added: the Government must think of how to get out of fiscal revenue rentier adopted unilateral oil sales to diversify national sources of income for the country, and to keep the national economy from fluctuations in world oil prices.

Reported: a comprehensive and clear economic plan include how natural resources investment and activate the agricultural and industrial sectors and to provide all their needs and the application of tariffs and taxation, which will provide additional funds to the State Treasury and make a solid national economy and is not affected by fibrosis.

Despite the discovery of sulfur in Iraq since the 1950s, but to invest its reservoirs are ongoing large overdue investment has been limited to isolate sulphur with sulphur recovery plant oil in Kirkuk and 150 000 tonnes annually, either large reserves in southern Mosul, while meshraq q. phosphate mineral that is crucial in the fertilizer industry complex bilateral, trilateral, and after a huge reserves of phosphate containing rocks in the region of Akashat in the desert In Anbar, the mid-1970s to invest, set up in the region of Akashat plant to invest (5.3) million tons of rocks containing phosphate to produce 1 million tons of phosphate.

As Rapporteur of the Committee on the economy and investment Deputy from the Kurdish Coalition bloc//mohama Khalil, stressed the importance of strengthening the resources of national income in federal budget-building through investment and natural resources economic productive sectors.

Khalil (News News Agency): that Iraq has great economic potential and fundamentals and potential are located under the ground, still not invested as sulphur and phosphate etc.

He added: to activate the industrial and agricultural sectors is important for strengthening the national economy activity, and meeting the need of local agricultural and industrial products, as well as the strengthening of the role of the investment that still slow growth in the country.

While Economist warned Jalil Al-Rubaie, continued reliance on oil revenue in the general budget and the national economy, and called for the need to diversify sources of income through activation of vital economic sectors.

The spring (News News Agency): If the survival of the national economy and the public budget supported over revenue from oil would be dangerous in the country, because it will lead to recession وبطءلنمو economy.

Wetatba: diversification of sources of national income through activation of vital sectors such as industrial, agricultural, tourist, and not rely on oil to the region around Iraq in a State of political tensions and international threats that may lead to the closure of the Strait of Hormuz that would lead to economic disaster in the country.

Oil revenues constitute 95 percent of the total federal budget, according to estimates of experts and specialists in the subject.

From a strategic expert said Quraishi: that Iraq possesses huge industrial plants activated and make use of their products to meet local needs and export the surplus to overseas petrochemical and cement factor in Basra and Maysan sugar factory, will enhance State revenues.

He argued that these labs are the biggest factor in the Middle East as taken care of resources will strengthen the country's national income.

The petrochemical company, which is located on the eastern side of the Khawr al-Zubayr in Basra, one of the largest companies of the Ministry of industry and minerals of southern Iraq, where it operates the 4685th, mostly engineers and technicians and build plants within the company in 1977 by American companies, and 5 the company produces a number of chemicals such as chlorine and initial manufacture of plastics, especially PVC low-density grains/finished/8. d. o/

4aprofit
06-02-2013, 05:56 AM
Iraq Tops List of Being Most Developing Economic Country in the World

07.12. 2012

BAGHDAD - Naseer Goldfinch Friday, December 7, 2012 issue of Iraq, according to a survey conducted by one of the largest U.S. banks, a list of the most economically developed this year, adding to fears concerned Iraqi development plans. The experts described this category as a country at the crossroads between the optimistic voices and missed opportunities. The report issued by the bank Merrill Lynch - Bank of America clearly, that «Iraq topped the list of countries in achieving the economic growth rate. The report pointed out that Iraq will achieve this year a growth in GDP of 10.5 percent, followed by China with 7.7 percent. saw Prime Iraqi Institute for Economic Reform Kamal Basri, said the results of the poll is clear evidence that Iraq has become a crossroads more than ever . He added that the report makes it clear that Iraq will achieve the highest growth rate in the years 2012-2013, globally. He called the concerned authorities to find a definitive solution and realistic to adopt a new method to accelerate the creation of infrastructure, and the adoption of sharing contracts private and public sectors, as a strategic option during the current stage, an alternative to the method of contracting based to overcome the problems of insufficient allocations government and address the lack of efficiency in the implementation of projects. continued « we can through these contracts rehabilitate public and private sectors, through the twinning of local institutions with foreign companies contracting with them, and the fruits of these contracts transfer and technology and modern methods of work ». and pointed out that the growth referred mainly due to the success of the oil ministry in raising production to 3.3 million barrels per day, and that has been achieved as a result of licensing rounds and contracts signed by the Iraqi government with international oil companies to develop the fields. warned of continued weakness in the application of good governance, particularly the rule of law, which could lead according to the World Bank »to« fueling political division and sectarian and ethnic 'turns' struggle does not know its duration. reduced economic expert member of the Economic and investment in the Iraqi Council of Representatives Nora Salem البجاري of the importance of this report. The reasons attributed not optimistic that «the economies of countries, particularly developed countries, suffer severe economic crisis impacted negatively on countries that have investment and financial links with it, was the low growth rates, making Iraq tops the list in terms of growth this year. And confirmed that what makes Iraq «isolated from the global economic center of the hurricane, is same Anglagah, and the presence of crude oil sold in the international markets, which can not do without it, and the spending of oil revenues in the conduct of the affairs of the country./end/8/

Dar Al Hayat

4aprofit
06-02-2013, 05:57 AM
Specialists: Iraq needs 640 banks

Sunday, 02 December, 2012






Baghdad (News)/report/Hussein Faleh/… A number of experts and specialists to Iraqi banks with government branches are not sufficient to contribute to the economic development of the country, indicating that each (50) people need one bank for banking needs, no boundaries (640) banks.
He interviews (News Agency news) on the need to encourage global banks discreet to open branches at home to strengthen banking and to stimulate the national economy.
The banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by the property (7) and (30) Al Ahli Bank including (7) in addition to Islamic banks (6) foreign banks.
Member of the Finance Committee of the National Alliance Deputy//Abdel Hussein Al-yasiri, said: the new economic strategic country’s supposedly moving from socialist economy system (holistic) to a free market economy and private sector support, works to achieve a balance between local and global banks to contribute to the development of the country.
He said Al-yasiri (News News Agency): current local banks are insufficient to meet all the requirements of the economic process in the country, in terms of funding and deposit, the fact that capital limited, plus it lacks most basic services are enjoyed in the world banks.
He added: the international data indicate that each (50) people need one bank for banking requirements, since the rate of population size Iraq (32) million, when split on (50) will result in the limits (640) Bank assumes that there are in the country.
Said a member of the Committee on the economy and investment Deputy/Iraqi/coalition nahida aldaini, not the ability of commercial banks to meet the requirements of the investment process in the country, due to a lack of capital, to encourage global banks to open branches in Iraq to contribute to the economic development.
According to aldaini (for news News Agency): the State-owned banks, Rafidain Bank and Rasheed cannot cover all the requirements of the economic process in the State as advances or percent salary or loans, owing to the lack of fulfilment of debt to those ministries, banks, what made their capital.
Noting that many borrowers are in trouble “because they who borrow funds installment to build houses in the middle of them depends the loan because of the lack of sufficient funds, as well as the Ministry of finance ratified many projects in the State to do its funds as a result of the lack of adequate financial cover.
She added: the Iraqi investment environment need strong global banks have heads high strongly intervention funds to Iraqi market to contribute to the development of the country’s economy through the granting of loans, stressing the need for the facilities and privileges to them to encourage them to open branches in Iraq.
Either improved banking expert, called for the need to allow investment banks to support international development investment process and create a competitive atmosphere between them and local banks.
He said the Agency’s news (News (global banks: discreet high capitalization and considerable experience will create a competitive atmosphere among local banks in terms of providing the best services at the lowest cost, when you have the opportunity to enter the Iraqi environment, as well as support the Iraqi banking sector and its development through the transfer of global experience.
He added: the world banks should be encouraged to enter the Iraqi environment and open branches in Baghdad and the provinces, as it would serve the national economy in terms of support to the banking sector and the development process in the country, particularly since the current Central Bank law allows for open global banks in Iraq and deal as the treatment of domestic banks by the Central Bank through the granting of foreign currency in foreign remittances and provision of facilities.
Although the investment law No. (13) of 2006 excluded investment in the banking sector of its provisions, however, investment in the banking sector takes its legal framework based on Central Bank legal number (56) of 2004, banks no. (94) for the year 2004, the minimum to establish a bank in Iraq (100) billion Iraqi dinars (around $ 85 million./
LINK (http://bit.ly/11BEEJe)

4aprofit
06-02-2013, 05:58 AM
Merrill Lynch: Iraq's the fastest-growing economy in the world

Rose 10.5%, ahead of China

Tuesday 13 January 1434 e - November 27, 2012
Merrill Lynch: Iraq's the fastest-growing economy in the world

http://images.alarabiya.net/6b/b0/436x328_51827_252122.jpg
Side of the construction projects in Baghdad

Arab. Net
Pointed to Bank of America Merrill Lynch (BAML), that the Iraqi economy is the fastest growing economy in the world during the past 2012 and 2013, pointing out that among all the major economies in the world, Iraq is the only country that will grow economically double-digit in 2012 After that grew by 10.5% in GDP for this year. According to the "world" of Iraq, citing "CPI Financial," The Chinese economy in the second fastest-growing economy this year, a rate of 7.7%. Followed by the ten most important emerging markets will grow by 5.55% this year. and the bank said the growth rate of the Iraqi economy impressive, which will be 8.2% in 2013, bested China again (which expects to grow its economy with a growth rate 8.2% in the next year) , to prove once again that it's fastest growing economy, according to accounts BAML. expects agency Economist Intelligence economic (EIU) declined slightly to economic growth in Iraq from 8.5% in 2012 and 8.2% in 2013, but expects greater growth during the next few years. came in the IAEA report, "We expect the growth of Iraq's economy rate of 9% on average over the past 2013 to 2017, driven primarily by high rates of oil production," adding, "may contribute to acts of violence, especially those which are concentrated in different parts of Baghdad, in disrupting the economy, but general improvement in the security situation will contribute to the revitalization of the economy in some provinces heterogeneous ethnically and religiously in southern and western regions, leading to increased business activity. " It is also expected the growing role of the private sector and the oil companies in driving growth and promoting the development of infrastructure, housing, transport and communications. stresses The International Energy Agency that the economic recovery in Iraq in the coming decades is heavily dependent on the oil sector and how quickly increase production and exports and how to manage revenues resulting policies disbursed. According to a report the International Energy Agency, which believes that Iraq will lead level of production in OPEC during the next two decades "By mid-year 2012, production was oil up to more than 3 million barrels a day, he makes about 2.4 million barrels per day. improvement in the level of stability in Iraq, and its huge and contracts with international companies to develop oil fields the country's major lay the foundation for a rapid increase in the production of oil in the coming years. "

http://www.alarabiya.../27/252122.html (http://www.alarabiya.net/articles/2012/11/27/252122.html)http://dinarvets.com/forums/public/style_emoticons/default/biggrin.gif/>

4aprofit
06-02-2013, 05:58 AM
Iraq the next 'economic frontier'

War-torn Iraq has been identified as an economic hotspot in the Middle East.

That’s according to new research from one of the world’s leading market research organisations, which says Iraq’s GDP is set for rapid growth.

TNS believe the 33 per cent surge over the next three years will see income levels follow suit, creating “a distinct middle class”, says Steve Hamilton-Clark, the firm’s MENA boss.

Home to the region’s third largest population - about 32 million - TNS say Iraq is “fast emerging as the next big consumer market”.

Hamilton-Clark added: “This provides a huge opportunity for brands across all categories to increase penetration, introduce new products and services, and build loyalty.”

It is estimated the war, which crippled the country and its economy last decade, cut national income 40 per cent.

7daysindubai.com

4aprofit
06-02-2013, 06:01 AM
Iraqs untapped enormous natural mineral wealth will strengthen the national economy with a call for reactivating industrial plants and development with the necessary support for them

Date: 11/01/2012 10:54:37 Thursday

Baghdad (news) .. Noted economic expert Abdul Sattar al-Hashemi, the need to contract with international companies specialized to extract minerals and invested for the advancement of the national economy, pointing out that Iraq possesses natural resources many untapped.
Hashemi said (of the Agency news) on Thursday: that Iraq is one of the resource-rich countries Natural and enjoy the riches of great either in the ground or outside, but still untapped metal phosphate, sulfur and mercury. added: Essential exploit those minerals to diversify sources of national income and strengthen the national economy and development, through a contract with international companies sober and specialized to extract minerals from the earth and investment. He called for: reactivating industrial plants Iraqi and development by providing the necessary support for them, it would pay about economic stability in the country through transformation of the economy from mono revenue to multi revenues being will depend on imports a variety of financial is not only oil. / end / 8. d . Q /

4aprofit
06-02-2013, 06:02 AM
Maliki announces a network of roads linking Iraq to Europe

Wednesday, October 07, 2 / November 2012 14:46

Twilight News / Prime Minister Nuri al-Maliki, Wednesday, for the planning of Iraq to create a network of roads linking Iraq to Europe.

Maliki said in a statement received "Twilight News" copy during a meeting Deputy Prime Minister of the Republic of Armenia Armen KFOR entity and the delegation accompanying him that "Iraq is planning to establish a network of roads and railways, which could make it a conduit for goods and commodities to Europe."

Maliki called for "complete cooperation agreement between Armenia and Iraq as soon as possible," stressing "the need to develop bilateral relations and the formation of committees to activate cooperation at various levels and explore areas of bilateral cooperation."

And on targeting the Armenian community by terrorists, al-Maliki said that "Christians in general indigenous partners in this country, which is no longer the preserve of the sect or party, but it is a homeland for all Iraqis, although terrorism targeted Iraqis, regardless of their religions and sects."

J p

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4aprofit
06-02-2013, 06:09 AM
Stockholm Sweden: Iraq is Virgin Land, Uncharted Territory, Promising Markets to soon open

In the conference Swedish - Iraqi Business and Investment 2012
Stockholm - Linda Lador

new Iraq intention to continue in its efforts to overcome the challenges and constraints of delay potential administrative and financial as well as the corruption that hinders investment and work in Iraq through his and since 2003 a package of legal proceedings, judicial and administrative to overcome these problems and create a work environment correctly. said Deputy Prime Minister for Economic Affairs Dr. Rose Nuri Shaways during a speech yesterday at the opening of the conference Swedish Iraqi Business and Investment primarily in the Swedish capital Stockholm, that Iraq is today uncharted territory and a big market and a promising and attractive and open to companies and Men business and investment, noting that the survival of Iraq away from the repercussions of the financial crisis and the recent global economic is a point important safeguard and extra power for companies and financial capital for trade and investment, pointing to the need for Iraq's large to services and expertise of international companies sober in various fields especially those related to infrastructure such as water and electricity and energy, transport and communications, health, sanitation, environment and housing projects as well as projects of production in industry, mining, sanitation, agriculture and others. For his part, Minister of Transport Hadi al-Amiri said in an interview for the "morning" that misinformation which images the situation in Iraq as a mere murder and sabotage and destroy the work on building barrier large filling impervious to foreign firms to invest in Iraq and the holding of such conferences the opportunity to dismantle such a perception and work to cajole and encourage foreign companies to invest and work in Iraq, stressing that it is not possible to rebuild Iraq without the benefit of experience and capabilities of these companies, a move to start thinking sound to work in Iraq.end/

4aprofit
06-02-2013, 06:10 AM
Major international companies are racing to invest in Iraq

30/9/2012 0:00

BAGHDAD - agencies
Seeking major international companies to invest in Iraq and get a job in the country is the most prominent parts of the world investment at the moment, and show these companies that the investment law and the rest of the Iraqi laws and the need for the country is the most prominent points that prompted international companies to scramble to get jobs, and likely Economists Aalmeon to increase turnout major international companies to Iraq in the coming years, especially energy companies and oil, which is the most prominent thing Iraq needs at the moment, and sees specialists that the entry of major international companies such as GE, Shell, BP and other is a catalyst morally significant for the rest of smaller companies .
The GE announced recently the appointment of a new official position of president and chief executive officer of the company in Iraq and the Levant. Indicating that Aziz Koleilat will be in charge of its new location for the development and management of business growth strategies «GE in these areas, with a focus on promoting constructive partnerships and development initiatives and rely on innovation in the development plans. The Electric that Iraq of the major markets for the company, which is currently working on consolidating its presence through partnerships with public and private sectors in the energy, aviation, oil and gas, health care, transportation and infrastructure development. The General Electric has opened three new offices in Iraq in 2011, and has a strong presence in the Levant areas also. And in turn underlined Nabil Habayeb, President and CEO of the company «GE» in the Middle East, North Africa and Turkey: «The markets of Iraq and the Levant central part in the operations of GE 'in the region, a market where increasing requirements on the availability of energy resources, clean water and services quality health care in addition to the growing need for infrastructure development. These components represent a promising development opportunities and for the company, especially with the entry of 'GE' in many partnerships with public and private sectors through initiatives and projects that support the development plans in these markets. For his part, Koleilat added: «Today we have all the expertise and capabilities that allow us to contribute to a positive role in supporting the development and meet the requirements in Iraq and the Levant. The bulk of our focus will be directed towards building partnerships that stimulate growth and enhance operational efficiencies, and meet key local requirements. And through resettlement initiatives and partnerships, emphasizing the company's role in supporting and providing job opportunities and hone the skills of young people which is a tributary of a real social development efforts and economic.

Koleilat previously served as director of GE Healthcare in the Middle East, Pakistan, and oversaw the successful expansion carried out by the company in the region by focusing on partnerships and integrated projects and strategies given the needs and expectations of customers the highest priority. He joined the team work of the company in 2006 as a regional sales manager, running after a number of management positions in sales and marketing within the health care business unit.

http://translate.google.com/translat...x%3FID%3D36084 (http://translate.google.com/translat...x%3FID%3D36084)

4aprofit
06-02-2013, 06:12 AM
Iraq has world’s largest sulfur reserves

Iraq, September 18, 2012

Iraq has the world’s largest sulfur reserves estimated at 600 million tons, a statement by the Mishraq State Sulfur Mine said.

Iraqi sulfur riches were extensively developed in the decades before the U.N. imposed sanctions on the country in the aftermath of the 1990 invasion of Kuwait.

Exports of sulfur to international markets were booming and Iraq was self-sufficient in sulfur-related products.

But shortly after the 2003-U.S. invasion the site of Mishraq, about 45 kilometers south of the northern city of Mosul, was vandalized and the processed sulfur estimated at 21,000 tons set on fire, creating what was then believed to be the largest human-made release of sulfur dioxide.

The government has only recently turned its attention to revive the project.

Mishraq, the mining firm, is working to revive and develop the deposits.

The company has a deal with the U.S. Devco for a turn-key installation of a complete sulfur purification facility at a cost of $78.6 million.

The statement said the U.S. firm has dug five sulfur wells so far and the facility, once completed, will meet domestic needs for sulfur products with surplus for export to neighboring countries.

http://www.iraqdaily.../story-z6438852 (http://www.iraqdailyjournal.com/story-z6438852)

4aprofit
06-02-2013, 06:13 AM
Chinese offer to build two million housing units within 6 months in Iraq

17/09/2012 12:00 am

Minister of Planning: Chinese offer to build two million housing units within 6 months.

BAGHDAD - Alaa al-Tai said Planning Minister Ali Shukri service sectors will witness a quantum leap if it was passing a law infrastructure, revealing provide Chinese companies offer to build two million housing units within 6 months on credit payment method. comes at a time when it announced Chairman of the parliamentary Finance Committee on an agreement yesterday on the postpone the vote on the law of infrastructure to next week to complete the discussions on it. Shukri said in a statement to the "Brief Center for the Iraqi Media Network": that "the law infrastructure legislation is important, and the Ministries of Planning and Finance they took part in a session of parliament to demonstrate the professional opinion in regard to the law of the infrastructure. "Shukri continued:" If there was a real will to restore citizenship for the Iraqi people must start from the housing sector ". The House of Representatives may Guest yesterday Prime Minister Nuri al-Maliki and a number of ministers and officials to discuss infrastructure law, as Maliki stressed the importance of law in the development of infrastructure through the payment on credit, especially as many countries resort to this issue when unable financial resources to meet the requirements of development. Shukri said "we have succeeded in raising the amount allocated for housing from two billion to $ 5 billion, where we think it a very big achievement and raised by a Chinese company build 2 million housing units within 6 months in Iraq ... and therefore if passing a law infrastructure with emphasis on guarantees requested by the ministry is that the projects referred to the Committee on four or five consists of the Ministry of Finance and Planning and the Integrity Commission and the Court of Auditors financial audit of the project to ensure transparency, it is certain that the project will go a long way to Iraq, a professional opinion of the Commission ". in the meantime, announced Chairman of the parliamentary Finance Committee Haider Abadi on an agreement yesterday afternoon between the heads of the committees of Finance and Economic and services to postpone the vote on the law of the infrastructure to the next week. Ebadi said "Bri Center for the Iraqi Media Network": he "signed with the Chairman of the Economic Committee Ahmed al-Alwani and the Chairperson of the Commission services Vian outsider to a request to the Presidency of the Council of Representatives to delay a vote scheduled in the session on Monday next week in order to allow more time for discussion after it raised an outsider and Alwani some points of contention, despite the emphasis on the importance of adopting the law ". includes bill sectors "housing, roads and higher education, health and education, agriculture and irrigation." End/

4aprofit
06-02-2013, 06:14 AM
September 09, 2012 - 01:58 PM

New Iraqi V.P. of UN Trade-Development Board, 2012-13, 188 nations


Group of Asian States had nominated at the United Nations in Geneva, Mr. Permanent Representative Ambassador Mohammed Ali Hakim, vice president of the Trade and Development (Trade and Development Board) for its ninth session and for the period (2012-2013).

The Trade and Development Board executive body of the United Nations Conference on Trade and Development (UNCTAD) and addresses issues related to the planning and supervision of UNCTAD's programs and organize plans adopted by the Conference, and held executive sessions dedicated on public policy issues and the economy as well as special sessions, and prepare an annual report addresses the reality of trade countries developing in the light of the challenges and implications of globalization and the financial and economic crisis.

It was established the United Nations Conference on Trade and Development (UNCTAD) in 1964 in order to care in developing countries especially with regard to the means of development, trade and connectivity between them and the policies of finance, trade and monetary policies and dimensions on developing countries, which seeks to achieve justice in the global trading system as well as helping these countries meet the challenges arising from globalization and to integrate into the global economy more equitable and number of members of UNCTAD currently 188 countries and involved in his work a lot of intergovernmental organizations and non-governmental organizations as well as representatives of civil society as an observer.

It should be noted that Mr. Permanent Representative Ambassador Mohammed Ali Hakim had already elected to the Asian Group for vice president in 2010-2011.

And re-elected again for the year 2012-2013 to represent the Asian countries in the Board of Legislators. End/Mutlaq

4aprofit
06-02-2013, 06:16 AM
New Silk Road

On the IMF website is a video clip of Christine Lagarde referring to the new Arab renaissance. Now CNN is talking about the new Silk Road and refers to regional rivalry. Baghdad was and will be the new hub of commerce.

http://i.cdn.turner.com/cnn/.e/img/3.0/global/header/hdr-main.gif (http://www.investorsiraq.com/)


This week on Marketplace Middle East

updated 12:41 PM EDT, Wed August 1, 2012

http://i2.cdn.turner.com/cnn/dam/assets/120801043001-silk-road-story-top.jpg
This week MME travels around the new Silk Road and looks at how the economies of the Middle East are redefining global growth.

STORY HIGHLIGHTS

MME travels along the new Silk Road and looks at the economies of the Middle East

The Gulf plays an integral part in the new Silk Road

The expanding reach of Middle Eastern airlines is putting them at the forefront of international trade and business


MME is a weekly show focusing on the issues, developments and trends that affect the region's business climate.


(CNN) -- THE MIDDLE EAST AND THE NEW SILK ROAD

From ancient passage ways to modern trade routes, this week, in a special edition, Marketplace Middle East travels along the new Silk Road and looks at how the economies of the Middle East are re-defining global growth.
The Gulf plays an integral part in the new Silk Road; trade between China and the Middle East is growing at around 30% annually and since 2006, Asia has been the largest trading partner to the Gulf Cooperation Council.
John Defterios talks to Ben Simpfendorfer, author of the Silk Road Economy, about this new median of growth.
Plus, Leone Lakhani finds out how the expanding scope and reach of Middle Eastern airlines is putting them at the forefront of international trade and business.
And Iraq's strategic position along the ancient Silk Road once fashioned Baghdad into a bustling center of trade, bringing with it both wealth and prestige. Fred Pleitgen looks at how its new position on the modern Silk Road is bringing with it some regional rivalry.

4aprofit
06-02-2013, 06:16 AM
Central Bank of Iraq proposes trading of gold and silver in their banking

31/08/2012 11:11

Baghdad / Bri Center for the Iraqi Media Network - The Central Bank of sending a number of banking proposals to the Cabinet allow dealing silver and gold.

The deputy governor of the Bank the appearance of Mohammed Saleh (Brief Center for IMN) that "the central bank suggested that the government promote deal banks and gold and silver."

He added that "these recommendations come to the central bank's desire to strengthen financial Iirorh and maintain the country's monetary policy."

The main tasks of the Iraqi Central Bank to maintain price stability, and the implementation of monetary policy, including exchange rate policies, and management of reserves of foreign currency, and the issuance of currency management, as well as to regulate the banking sector.

http://translate.google.com/translat...ws/view.14972/ (http://translate.google.com/translate?depth=1&langpair=auto%7Cen&rurl=translate.google.com&u=http://imn.iq/news/view.14972/)

4aprofit
06-02-2013, 06:18 AM
Iraq in top 10 countries in world in natural resources, with much more not yet accounted for or excavated yet

15/07/2012

http://www.dananernews.com/LionImages/News/38182_hanein.info.jpg

BAGHDAD / JD / .. counting experts and there is Iraq as part of a list of the top 10 countries in natural resources globally and occupation of rank ninth is encouraging investment if they took advantage of those resources properly, especially in relation to gas, phosphate, provided that the amended investment law and the disposal of part of the financial resources in the development of those resources to be less than ten years among the top industrialized nations in the Middle East. The expert in natural resources, geological Osama al-Maliki in an interview / JD / that "it is not strange that a state that contains in its territory, 11% of the world's oil reserves and 9% of the phosphate to be among the top ten countries in natural resources," he said, but "surprisingly in this report that there are natural resources in Iraq has not accounted for because there are 3,000 bn m 3 of natural gas, almost, and large amounts of red mercury, sulfur, iron, report type Iraq only for the possession of oil, phosphate, and this is to make Iraq be ranked ninth from the list, "and noted that" the Iraq if they took advantage of the 400-site hydrocarbon that have not been excavated yet will be in the coming years in the advanced rank of this category "to the said economic expert, Dr. Zahra Al-Saad said in an interview to / JD / that" this report and the two sides of the deal, the first being that it gives boost and influential on the reality of investment in Iraq, as the wealth of existing, if used properly with the amendment to the Investment Law which is controlled by bureaucratic administrative and overlapping of powers between central and local governments of the provinces, Iraq is will be one of the largest industrialized countries in the Middle East this after the exchange part of the proceeds of such resources on developing oil and gas industry as well as the agriculture sector, "adding," But the flip side, it reveals how the economic downturn happening in the country All countries that are reporting no the unemployment rate exceeds 16% in addition to the proportion of workers do not reach their working hours to the minimum 8 hours and reach their percentage to 30% in addition to high rates of poverty for up to 11% and that Iraq has a GDP unanimous equivalent purchasing power, estimated at 125.655 billion and per capita estimated at 3.8 dollars and this is very small compared to the wealth possessed by Iraq, which makes the government in nothing wrong with where the country's resources and where the disposal of his money and these ask him must have answers to the size of wealth and natural materials discovered "The report prepared by the Wall Street 24/7 showed that Saudi Arabia and Iraq come under the list of the top ten countries highest degrees of natural resources in the world. Saudi Arabia was ranked third in the world in the list, where it was possible to estimate the value of its natural resources, which consist mainly of oil and gas at about 34.4 trillion dollars. The resources of Iraq amounts to about 15.9 trillion worth of oil and gas, phosphate, and was ranked ninth. Russia was the first prize worth an estimated 75.7 trillion dollars thanks to the multiple resources, especially oil and gas, forestry, as befell the United States ranked second with 45.55 trillion dollars. Was calculated as the value of the natural resources of the 10 goods and natural resources the most valuable, an oil and gas, coal, forests and «timber», gold, silver, copper, uranium, iron ore and phosphate.

http://www.dananerne...ils.php?ID=1265 (http://www.dananerne...ils.php/?ID=1265)

4aprofit
06-02-2013, 06:21 AM
Iraqs Port of FAO will change map of trade in all countries of the world

Basra (News) …Expert stressed the possibility passes Tawfiq al-Manea, Iraq creating more than an international free economic zone on its way to investment, noting that FAO would be best triangle area because it will change the map of trade in all countries of the world.

He said Mana (News Agency news) on Friday: Iraq enjoys a privileged geographical location linking Asia with Europe, which can create more than one free international economic zone in all with particularly in Basra and specifically in “triangle” chosen as FAO best international trading area as an alternative to the “Hong Kong” since the 1980s.

And between: the triangle region will change the map of FAO in world trade as all States manufacturer would attract business in the world because they will provide advantages including short time and cost by transporting the goods.

Confirmed: that the goods currently transmitted over ports and duration (28) days until delivery to the location specified, while this region will be condensed time (6 days) because they will journey from land to sea, and continued: well it would reduce the cost of goods and (45% to 50%) Which will provide another service to the global community.

And between Mana: that Iraq will benefit from the project revenues will exceed the current oil revenues, as well as goods which will be processed directly by cheaply, because the region will be the focus of global industrial goods through distribution to the world.

“Mana: this region needs to create a specialized and free zones with full powers, establishing the contribution of Iraqi companies working in partnership with foreign companies, in addition to founding a company holding Basra from which come global companies investing in the region, saying it would take into account the interests of all the world.

ikhnews.com

4aprofit
06-02-2013, 06:23 AM
Economic Researcher: Iraq will control the future's Oil Prices Worldwide

On: Friday 5/18/2012 8:52

Baghdad (news) .. Expected economic researcher Hussein star, a quantum leap in the field of oil and energy in Iraq because of its huge oil reserves, noting that Iraq will control oil prices in the future.
said the star (of the Agency news): There is a strong desire by oil-consuming countries, to buy Iraqi oil because of its advantages of high-quality and quality, especially oil facility in Basra, which began producing oil from the type of light, in addition to processing more easily to world markets.and between: that these features have made ​​the oil ministry successes good and important in terms of development of production and expansion oil ports, transmission lines strategic with neighboring countries, which would make Iraq an influentialplayer in the market, the world's oil. He added that Iraq today has oil reserves, a large, production capacity and export started to grow daily, according to the plan and the Oil Ministry, which indicates that Iraq is on the verge of a quantum leap in energy and oil in the coming years, and makes the world market watching Iraqi production, and Iraq will control oil prices by pumping large amounts or reduce. / End / 8. n. r /

ikhnews.com

4aprofit
06-02-2013, 06:23 AM
Tuesday, May 1, 2012Car Sales Take Off In Iraq (http://musingsoniraq.blogspot.com/2012/05/car-sales-take-off-in-iraq.html)


The Associated Press recently reported that car sales are increasing in Iraq (http://www.washingtonpost.com/world/middle_east/license-plates-go-for-4000-and-up-in-iraq-as-rising-car-sales-put-pressure-on-scarce-supply/2012/04/26/gIQAZtJNiT_print.html). Salaries have been going up, and security is greatly improved in the last year or two meaning that there are more people out and about shopping with expendable incomes. Buying consumer goods has been a top priority since 2003 as the country was cut off from many things during the years of international sanctions following the 1990 invasion of Kuwait. That means there is a lot of pent up demand. General Motors sold an estimated 32,000 cars in the country last year. That was up from 19,000 in 2010, and less than 1,500 in 2007. Iraq has become the second largest market for the company in the Middle East. Other firms such as Ford, Chrysler, BMW, Mercedes, Toyota, Kia, etc. are all looking to get into the country as well. This is just one more sign of the changing status quo within Iraq.




http://3.bp.blogspot.com/-Xcg6ZjVlMDs/T5oVSEJA_xI/AAAAAAAABoY/mExHCfas-h0/s400/61f45a24c649e70b0d0f6a7067004584.jpg (http://3.bp.blogspot.com/-Xcg6ZjVlMDs/T5oVSEJA_xI/AAAAAAAABoY/mExHCfas-h0/s1600/61f45a24c649e70b0d0f6a7067004584.jpg)


A woman looks through a BMW car showroom in Baghdad, Apr. 2012 (AP)




http://4.bp.blogspot.com/-Q036PqVYGiM/T5oV1Zig5sI/AAAAAAAABog/3-CkvwFwUAE/s400/6ddbff8bc64de70b0d0f6a706700fd8b.jpg (http://4.bp.blogspot.com/-Q036PqVYGiM/T5oV1Zig5sI/AAAAAAAABog/3-CkvwFwUAE/s1600/6ddbff8bc64de70b0d0f6a706700fd8b.jpg)


A Chrysler dealership in Baghdad, Apr. 2012 (AP)



SOURCES


Associated Press, “License plates go for $4000 and up in Iraq as rising car sales put pressure on scarce supply,” 4/25/12


http://musingsoniraq.blogspot.com/2012/05/car-sales-take-off-in-iraq.html

4aprofit
06-02-2013, 06:25 AM
While most of the World struggles, Iraq will see double digit growth

http://www.iraq-businessnews.com/wp-content/themes/IBN-Theme/thumb.php?src=http://www.iraq-businessnews.com/wp-content/uploads/2012/04/Iraqi-flag2.gif&w=250&h=180&zc=1&q=90 (http://www.iraq-businessnews.com/wp-content/uploads/2012/04/Iraqi-flag2.gif?d9c344)

April 19 2012

While much of the developed world struggles to drag itself out of recession, Iraq managed to register real GDP growth of 9.9% last year, according to IMF estimates.

Their projection for this year is 11.1 percent, followed by 13.5 percent next year, giving compounded growth over the three years of nearly 40%.

Iraq may have its problems, but economic growth is not one of them.

“There’s a tremendous imbalance between the potential wealth of Iraq and its current situation in terms of both consumer goods and infrastructure,” Farouk Soussa, Middle East chief economist at U.S. bank Citi, told Reuters.

“When it happens, the catch-up will be immense. A lot of people are positioning themselves for this.”

Is your business positioned to thrive in the emerging Iraq? Upper Quartile and AAIB can help realise your company’s potential in the region. For more information please contact Gavin Jones (http://us.mc1626.mail.yahoo.com/mc/compose?to=gavin@upperquartile.co.uk) or Adrian Shaw (http://us.mc1626.mail.yahoo.com/mc/compose?to=enquiries@aaib-insurance.com).

http://www.iraq-businessnews.com/201...cast-for-iraq/ (http://www.iraq-businessnews.com/2012/04/19/double-digit-growth-forecast-for-iraq/)

4aprofit
06-02-2013, 06:26 AM
Iraq to build 2.5 million housing units in various provinces at $25 Billion

08 April, 2012 08:38:00

Minister of Construction and Housing Mohammed Darraji that Iraq plans to build 2.5 million housing units with infrastructure in the various provinces at a total cost estimated at $ 25 billion ..

He Darraji after attending meetings of the Executive Office IV of the Third Conference of Ministers of Housing in the countries of Asia and the Indian Ocean that Iraq is trying to with the World Bank to help us in implementing the project for the construction of housing units, and detect and Minister of Construction that Iraq plans to begin implementation of the dry canal project and is a railway linking the Persian Gulf through the Iraqi port of Umm Qasr in the Mediterranean through Syria, and northern Europe via Turkey, at a cost of about $ 8 billion.

http://translate.google.com/translat...omy/75421.html (http://translate.google.com/translate?hl=en&rurl=translate.google.com&sl=ar&tl=en&twu=1&u=http://www.alfayhaa.tv/news/economy/75421.html)

4aprofit
06-02-2013, 06:27 AM
Demands for Developing of Minerals in Iraq which are Mostly Untapped

30/03/2012 10:02
Baghdad, March 30 / March (Rn) -

A number of experts in the field of oil and energy Friday that Iraq needs to establish a national body for the development of natural minerals related to the Ministry of Oil.

http://static.aknews.com/images/cms-image-000103881.jpg

The expert geologist and member of the Iraqi Center for Systems minerals and energies of non-oil Mohamed Al Jaber, told the Kurdish news agency (Rn) that "Iraq needs to develop its natural resources of minerals rather than through the Ministry of Industry, which turned into an institution heavy, but through the formation of a supreme body of national development of natural minerals related to direct the Ministry of Oil and give them wide powers. "

He added that "Iraq is based on outdated information on the subject of reserves of minerals and does not have any update or actual benefit Femia terms of natural minerals and activated in order to become one of the most important economic resources of the country, which correspond to the oil resources."

He explained that "Iraq has reserves of minerals much untapped, such as stone Aledumlat which spreads in Anbar, Muthanna has reserves of 330 metric tons, gypsum, which is spread in the Ninewa and Salah Al-Din and Anbar, Wasit 130 tons metric clay kaolin, which is spread in the Western Desert 1,200 metric tons and rocks iron sedimentary which also spread to Western Sahara, the reserves who did not take advantage of 6 metric tons. "

Geological expert, said Bahaa Yassin's (Rn) that "Iraq does not contain the Geological Survey on Maldih of reserves in the metal because the distribution of powers of the sites that contain minerals between the ministries of oil and industry."

He added that "Iraq does not have a clear political maps of the development of sites that contain minerals and that the loss of educational support to the Ministry of Education regarding the development of energy education and the provision of specialized laboratories Scout."

He continued that "the formation of a supreme body specializes in developing mineral resources is very important but it needs to legislation and to provide legal cover with a view to the development of strategic projects needed by Iraq in the next phase for the distribution of imports of Finance."

For his part, said geologist and teaching in the Faculty of Science at the University of Baghdad, Kamal Sabri's (Rn) that "the geological mapping and prospecting for new sites is supposed to start with the Iraqi government and find international markets for the export of imports of minerals such as phosphate, aluminum and clay Alkkawin and other important resources, but the it did not happen for the loss of Iraq to the specialized body following the developments. "

He added that "there is a need to create a new database for the organization of digital geographic information for Iraq and the provision of technical programs to discover new developments in the mineral resources of Iraq."

He added that "Iraq had no information is true and accurate statistics about the resources and how to provide laboratories and modern equipment to extract the optimal image without any losses in the production process and then export."

The Deputy Prime Minister for Energy, Hussein al-Shahristani, the Iraqi government has completed high-level plan for the development of production of minerals such as phosphates and fertilizers.

Hussain al-Shahristani's (Rn), "we launched a strategy for the development of high Iraq's production of minerals, especially phosphate and fertilizers, which aims to lead Iraq to countries of the world in the export of natural minerals."

"The Strategy aims to involve the organization Transparency International and to report on the Iraqi government policy in raising the production and export of minerals in the coming years."

The Iraqi Oil Ministry has announced that Iraq tops the list of the member countries of OPEC in transparency and disclosure for oil projects.

Metals are spread mainly in Anbar province, and often escalate the problems between the federal government and the province due to refrain from allowing the province to invest in mineral sites.
And initiated the Commission on oil and energy parliamentary, in advance of the coordination between the Iraqi government and local government in Anbar province, in order to facilitate investment and phosphate minerals.

And escalated the differences between the Deputy Prime Minister for Energy, Hussain al-Shahristani and Anbar province on the crutch gas field and the role of maintaining it.


From: Jafar Allonan. Ts: Walid al-Zaidi. Open: Murtaza Yousuf

http://translate.google.com/translat...ws.com%2Far%2F (http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.aknews.com%2Far%2F)

4aprofit
06-02-2013, 06:28 AM
3 - 9 - 2012

According to Iraq's Mineral Ministry, the country's western desert contains huge reserves of gold, platinum and diamond reserves.

http://www.bullionstreet.com/uploads/news/2012/3/1331273801.jpg

LONDON

(BullionStreet): After decades of sanctions, war and sectarian violence, Iraq is struggling to maintain it's economy and looking forward to increase gold production along with oil and natural gas.

According to Iraq's mineral ministry, country's western desert contains huge reserves of gold, platinum and diamond reserves.

The Iraqi government recently announced a 30 year economic plan for mines and minerals by granting production licenses to foreign mining companies.

The Iraqi government is thus hopeful that gold mining can be an increasingly profitable venture for the country.

However, official gold trade in the country remained in doldrums as Iraq's banking sector required proper training and guidance from foreign banks, analysts said.

Iraq's northern neighbor Turkey offered to support country's banking sector in gold trade.

Turkish Banks Association (TBB) said the Turkish banking industry, which developed new ways of bringing in individual gold savings to the economy, will train Iraqi bankers on how to trade with gold.

The scope of the training will be determined depending on the demand stated by the Iraqi government. The TBB has started a study in regards to the training, which will take place in Baghdad and Erbil following a recent visit by an Iraqi delegation of the Federation of Private Banks to Turkey.

Analysts said Turkey has carried out important studies in trading gold, which is a significant saving tool in Iraq, and we want to benefit from Turkey's experience.

TBB has provided training to countries such as Albania, Azerbaijan as well as Bosnia and Herzegovina and has also been working on training programs for Syria and Lebanon.

My link (http://bit.ly/yIkvUd)

calstar
06-02-2013, 03:07 PM
Wow..look at these prices....

Real Estate for Sale in Iraq Index


http://realestate.classifieds1000.com/Iraq


Are you going to get a condo in Baghdad?

4aprofit
06-05-2013, 06:22 AM
The US Embassy In Baghdad Cost A Staggering $750 Million (PHOTOS]

http://www.businessinsider.com/750-million-united-states-embassy-iraq-baghdad-2013-3?op=1#ixzz2O7n6qHvs

4aprofit
06-05-2013, 06:24 AM
Video presentation for new Al Faw Grand Port - Iraq
http://www.youtube.com/watch?v=Z0DJ8nJ_HLI

4aprofit
06-05-2013, 06:26 AM
Video: Iraqi Marshlands Restored by Nature (http://www.iraq-businessnews.com/2013/03/21/video-iraqi-marshlands-restored-by-nature/)Posted on 21 March 2013. Tags: marshes (http://www.iraq-businessnews.com/tag/marshes/)

http://www.iraq-businessnews.com/wp-content/themes/IBN-Theme/thumb.php?src=http://www.iraq-businessnews.com/wp-content/uploads/2013/03/ScreenHunter_03-Mar.-20-12.13.gif&w=250&h=180&zc=1&q=90 (http://www.iraq-businessnews.com/wp-content/uploads/2013/03/ScreenHunter_03-Mar.-20-12.13.gif)From Reuters. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News (http://www.iraq-businessnews.com/).
Drained by Iraqi dictator Saddam Hussein in the 1990s, Iraq’s southern marshlands are undergoing a remarkable transformation.
Saddam’s attempt to destroy the wetlands came in response to an uprising by Marsh Arabs after the Iran-Raq war but, since his capture and execution, Saddam’s act of revenge has been turned back and the marshes are slowly regaining their health.
Elly Park has more:
http://www.youtube.com/watch?v=YX04VzRJ0eo&feature=player_embedded
(Source: Reuters)

4aprofit
06-05-2013, 06:31 AM
Scramble for Iraq's Oil Wealth, Foreign Companies Flocking to Iraq

http://www.youtube.com/watch?feature=player_embedded&v=f9oV-hCvXqk

4aprofit
06-05-2013, 06:39 AM
How Iraq Is Rapidly Becoming One Of The Biggest Oil Players In The World

Rob Wile, Nov. 20, 2012, 4:58 PM

We wanted to follow up our discussion on how the U.S. invasion of Iraq has affected oil production there with how that production boost could shake oil markets.

The takeaway: the Saudis could be dethroned as the kings of crude.


Video: Iraqi Oil Fields are Booming

http://www.businessi...ClusterStock%29 (http://www.businessinsider.com/iraqi-oil-fields-2012-11?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock% 29)

4aprofit
06-05-2013, 06:40 AM
VIDEO...Beautiful Baghdad: 2012


http://musingsoniraq.blogspot.com/2012/12/video-beautiful-baghdad-2012.html

4aprofit
06-05-2013, 06:46 AM
GLOBE TREKKER VIDEO: Streets Of Baghdad

http://musingsoniraq.blogspot.com/20...f-baghdad.html (http://musingsoniraq.blogspot.com/2012/10/globe-trekker-video-streets-of-baghdad.html)

4aprofit
06-05-2013, 06:49 AM
Video'....The Next Generation of Emerging Markets: Iraq

http://www.businessweek.com/videos/2012-08-29/would-you-bank-on-iraqs-future

4aprofit
06-05-2013, 07:01 AM
PLATTS VIDEO: Iraq: Rebound For Oil Sector (http://www.investorsiraq.com/showthread.php?203064-PLATTS-VIDEO-Iraq-Rebound-For-Oil-Sector)


http://musingsoniraq.blogspot.com/2012/08/platts-video-iraq-rebound-for-oil-sector.html

4aprofit
06-05-2013, 07:04 AM
60 MINUTES VIDEO: Resurrecting Eden (http://musingsoniraq.blogspot.com/2012/07/60-minutes-video-resurrecting-eden.html)
http://musingsoniraq.blogspot.com/2012/07/60-minutes-video-resurrecting-eden.html

4aprofit
06-05-2013, 07:11 AM
VIDEO: Iraq The Cradle Of Civilization

http://musingsoniraq.blogspot.com/20...ilization.html (http://musingsoniraq.blogspot.com/2012/03/video-iraq-cradle-of-civilization.html)

4aprofit
06-05-2013, 07:12 AM
Friday, June 15, 2012VIDEO: Iraq Beauty (http://musingsoniraq.blogspot.com/2012/06/video-iraq-beauty.html)




http://musingsoniraq.blogspot.com/2012/06/video-iraq-beauty.html

4aprofit
06-05-2013, 07:20 AM
CNN Report Iraqi Fashion Show

http://www.youtube.com/watch?v=4YhK9me7zA4

4aprofit
06-05-2013, 07:22 AM
Scottish botanists to restore Garden of Eden


http://www.scotsman.com/webimage/1.2070890.1327185196!image/880242298.jpg_gen/derivatives/landscape_595/880242298.jpg

A team of Scottish botanists will help restore an area thought to be the biblican Garden of Eden. Picture: Matt Cardy/Getty

Published on Sunday 22 January 2012 00:00

WOULD you Adam and Eve it? A team of Scottish botanists are heading to Iraq to help restore an area thought to be the biblical Garden of Eden.

The Centre for Middle Eastern Plants (CMEP), based at the Royal Botanic Garden Edinburgh, has joined forces with conservation charity Nature Iraq to rebuild the delicate eco-system of the Iraqi marshlands, which were drained by Saddam Hussein in the 1990s. The area south of the city of Basra, is regarded by scholars as being the location of the Old Testament Garden of Eden.

In the Book of Genesis, it is described as at a place of four rivers. Since the early days of Christianity this has often been interpreted as being the Mesopotamian Marshes, where the waters of the Tigris and the Euphrates and two other rivers once met before climate change transformed the once highly-fertile region into marshes.

During the trip in March, the Scottish team will record and register plants in the area as part of an ambitious project to restore the marshlands. They will also help to train Iraqi botanists to take the work forward.

An exhibition in Scotland later this year – Paradise Restored – will explain the plan to a wider public. Sophie Neale, a CMEP researcher involved in the project said: “This will cover its [the area’s] history as the Garden of Eden and the cradle of civilization and recent restoration work after it was drained by Saddam Hussein.”

Tony Miller, director of the CMEP said: “Nature Iraq’s first project is the restoration of the marshes and we are working with them. Without the marshes there is no wildlife in the region. They support the bio- diversity of the area which is rich in bird life and in the past was very important for fish. There is a complete eco-system that is in the process of being restored.”

Prior to his downfall and execution in 2006, Saddam drained the wetlands to punish the indigenous Marsh Arab tribes, who had risen up against him in the aftermath of the first Gulf War in 1991. The former Iraqi dictator built a network of canals to channel water from the Euphrates and Tigris around the marshes, dumping it straight into the Persian Gulf.

Within months the marshes, which had covered 15,000 sq km, were reduced to less than 10 per cent of their original size, killing off wildlife and plants and destroying delicate eco-systems which had been there for thousands of years.

Slowly, however, the biodiversity of the region is returning under the control of Iraqi engineer Azzam Alwash, head of Nature Iraq. He is carrying out work to refill the marshes, which had turned to desert, with water.

Around 50 per cent of the area has since been refilled, and the ecosystem and wildlife is slowly recovering.

Later in the year, the Botanics will host the exhibition to document the work being undertaken in Iraq, as well as projects in other parts of the Middle East, including Turkey, Afghanistan and Syria. Miller described it as an important project for humanitarian, as well as botanical, reasons. “It is scientifically interesting for us and it’s also something that I feel we should be doing. If we are going to go into a country like Iraq in a military sense it seems quite reasonable that we should try to help rebuild the country afterwards as well.”

Not only have scientists recognised the area’s importance. At the start of the second Gulf War, with Allied troops about to invade southern Iraq from Kuwait, Lieutenant Colonel Tim Collins, commander of the Ist Battalion, the Royal Irish Regiment, famously told his men: “This is the site of the Garden of Eden, of the Great Flood and the birthplace of Abraham – tread lightly there.”

ecowing@scotlandonsunday.com (http://us.mc1626.mail.yahoo.com/mc/compose?to=ecowing@scotlandonsunday.com)

http://www.scotsman.com/scotland-on-...eden_1_2070891 (http://www.scotsman.com/scotland-on-sunday/scotland/scottish_botanists_to_restore_garden_of_eden_1_207 0891)



http://www.youtube.com/watch?v=yc8m9DHxH4E

4aprofit
06-05-2013, 07:27 AM
IRAQ!!!...VIDEO!!!...Are the Bombings due to competition factors???

US, KSA behind sectarian unrest in Iraq-News Analysis-01-05-2012

http://www.youtube.c...e&v=D8YA18JZJmE (http://www.youtube.com/watch?feature=player_detailpage&v=D8YA18JZJmE)

4aprofit
06-05-2013, 07:34 AM
A much older video, but it depicts that the violence does'nt deter the investments moving into Iraq!

This speaker says Iraq is the "Last Frontier" as per Oil!
FDI...Foriegn Direct Investment...in Iraq...Video...CNBC...

http://video.cnbc.com/gallery/?video=3000036931

English Bob
06-07-2013, 07:52 PM
Are you going to get a condo in Baghdad?

I have a bank account in Baghdad.............that I cannot use ...................so a condo would go down very well!

What part of town do you suggest??


calstar

you made my day with that comment.

EB

ROTFLMAO

calstar
06-07-2013, 09:08 PM
I have a bank account in Baghdad.............that I cannot use ...................so a condo would go down very well!

What part of town do you suggest??


calstar

you made my day with that comment.

EB

ROTFLMAO

Maybe the Al Marwa near the Baghdad Mall. ;) lol

4aprofit
06-08-2013, 07:44 AM
Regardless of the issues at hand in Iraq....and there may even be more of them for quite some time in the future...but nevertheless, the trillions just keep pouring right on into Iraq...while people are losing condos, homes and businesses everyday here in the U.S....while Iraq keeps building them all....

And at the rate of inflation, not to mention the rising taxes already being taken out here in the U.S....Many dont have anything left to take out of a bank, (even a stable one at that..lol)...and if some did, there might be little or no money left here soon anyway...especially if things keep going the way they have been here lately...

Iraq may not be online yet with all of their infrastructure, systems and issues...but IMO...the risk is no more than what we are already headed for here in the U.S. with this economy, especially if something does'nt happen soon...and I'm not talking about stuff happening like what's been happening...as that's why some have took risks and invested in emerging market countries....for better or worse....as we are already seeing the worse not getting any better here...

Screaming Eagle
06-08-2013, 11:44 AM
Regardless of the issues at hand in Iraq....and there may even be more of them for quite some time in the future...but nevertheless, the trillions just keep pouring right on into Iraq...while people are losing condos, homes and businesses everyday here in the U.S....while Iraq keeps building them all....

And at the rate of inflation, not to mention the rising taxes already being taken out here in the U.S....Many dont have anything left to take out of a bank, (even a stable one at that..lol)...and if some did, there might be little or no money left here soon anyway...especially if things keep going the way they have been here lately...

Iraq may not be online yet with all of their infrastructure, systems and issues...but IMO...the risk is no more than what we are already headed for here in the U.S. with this economy, especially if something does'nt happen soon...and I'm not talking about stuff happening like what's been happening...as that's why some have took risks and invested in emerging market countries....for better or worse....as we are already seeing the worse not getting any better here...There are no trillions flowing into Iraq. The GDP is ~ $144 billion. 95% oil revenues and ~5% business and ~10% growth. 10% growth is a compounded double every 10 years. $144 bn., $288 bn., $576 bn., $1152 bn. They should reach one trillion in ~30 years if they can maintain 10% growth which is doubtful since OPEC has a ceiling of 30 mbd to maintain a price of $100 bl. They are presently reducing their oil production targets to maintain price because 1. the world has a surplus, 2. world GDP growth has slowed, 3. technology has reduce the need for oil (gas mileage has doubled and their is some progress with electric cars) and 4. the US could be energy independent as early as 2016 and net exporter of energy such as natural gas and coal. Lastly to put things in perspective a 10% growth of Iraq's $144 bn. GDP is ~ 14.4 bn. while a 2% growth of the US's $17 t GDP is ~ $340 bn and more than twice the entire DP of Iraq. http://www.ihs.com/products/global-insight/industry-economic-report.aspx?ID=1065979820

4aprofit
06-08-2013, 03:46 PM
I guess some are not seeing the billions upon billions of dollars in contracts over just the the last few years that have came into Iraq....do you need someone to pull the actual contracts to prove it?....It is now in the TRILLIONS...I could care less about the figures that are supposed to be the "status quo"......they use those daily in the U.S. to tell us how good our economy is...and how much better it's getting...I guess some believe that too?...lol...

The Bottom Line here folks...CNN & FOX NEWS are not going to tell you what is really happening in Iraq...(maybe once they officially unveil it they may)...but if you've read some of the prior threads on this blog and let it sink in....you will see that the negativity by some is nothing but wasted air....as the things depicted in some of these articles and news feeds are only a remnant of what is going on over there...

P.S...Once some learn that what is always considered "Official" per sey'.....can sometimes be only an "imaginary horizon" in the desert....and sometimes you have to quit looking at the "false fronts" and look right down at your own feet....as the water runs across your boots...or you may have missed it...lol...

Screaming Eagle
06-08-2013, 04:40 PM
I guess some are not seeing the billions upon billions of dollars in contracts over just the the last few years that have came into Iraq....do you need someone to pull the actual contracts to prove it?....It is now in the TRILLIONS...I could care less about the figures that are supposed to be the "status quo"......they use those daily in the U.S. to tell us how good our economy is...and how much better it's getting...I guess some believe that too?...lol...

The Bottom Line here folks...CNN & FOX NEWS are not going to tell you what is really happening in Iraq...(maybe once they officially unveil it they may)...but if you've read some of the prior threads on this blog and let it sink in....you will see that the negativity by some is nothing but wasted air....as the things depicted in some of these articles and news feeds are only a remnant of what is going on over there...

P.S...Once some learn that what is always considered "Official" per sey'.....can sometimes be only an "imaginary horizon" in the desert....and sometimes you have to quit looking at the "false fronts" and look right down at your own feet....as the water runs across your boots...or you may have missed it...lol...Yes you do need to pull them up, add them up and prove them to me. Maybe you can find those contracts as water running across your boots. I will make it easy for you and do the first 6 years 2003-2009.
"PRIVATE FOREIGN INVESTMENT IN IRAQ Executive Summary During a two-month study of private foreign investment in Iraq, Dunia analyzed the evolution of investment by privately owned, foreign domiciled companies in Iraq between April 2003 and end-January 2009. Dunia collected data from a combination of publically-available regional and industry-specific 1 media and private sources on 98 projects totaling $63B in announced capital" Here is the list link.
http://www.slideshare.net/kstelma/private-foreign-investment-in-iraq-20032009
Here is a breakdown of 2003-2010, http://musingsoniraq.blogspot.com/2011/04/foreign-investment-almost-doubles-in_29.html

In order to reach a trillion dollars all you have to show is contracts for and money invested for the last 2.5 years of $893 billion.

I await the speedy reply of your proof. Not a ad hominem attack ("ad hominem (Latin for "to the man" or "to the person"[1]), short for argumentum ad hominem, is an argument made personally against an opponent instead of against their argument.[2] Ad hominem reasoning is normally described as an informal fallacy,[3][4][5] more precisely an irrelevance.")

4aprofit
06-08-2013, 05:05 PM
So you want to go through hundreds of thousands of articles and archived news pieces and events...and do a tally....I tell you what, when this is all over, I'll let you spend your time wasting away for weeks on end, as there is so much that it would baffle the mind, as per what has already been done in Iraq...

So why not instead of crying over what some cant see, just look at what is happening right before your very eyes...NOW!...As what we have already seen is'nt anything like what we are going to see...some need to remove the goggles...the sun is out...in some places!...LOL....

Screaming Eagle
06-08-2013, 10:45 PM
So you want to go through hundreds of thousands of articles and archived news pieces and events...and do a tally....I tell you what, when this is all over, I'll let you spend your time wasting away for weeks on end, as there is so much that it would baffle the mind, as per what has already been done in Iraq...

So why not instead of crying over what some cant see, just look at what is happening right before your very eyes...NOW!...As what we have already seen is'nt anything like what we are going to see...some need to remove the goggles...the sun is out...in some places!...LOL....Exactly what I expected; A Ad hominem attack. The reason you can't show the $890 billion for the last 2.5 years in foreign investment is simple. It doesn't exist.

4aprofit
06-09-2013, 02:32 AM
As per micro-managing every little tit for tat'...just hang in there and quit fretting'....either I'm right or I'm wrong...but you know what...it wont be too long before we see who's right and who's wrong......And once the veil is lifted on Iraq...the un-believing will catch on real fast...We simply can't expect some to understand it all...it's the same with this as an investment...as it is'nt for everyone...but to some it's as simple as ABC...LOL...

Screaming Eagle
06-09-2013, 07:30 AM
As per micro-managing every little tit for tat'...just hang in there and quit fretting'....either I'm right or I'm wrong...but you know what...it wont be too long before we see who's right and who's wrong......And once the veil is lifted on Iraq...the un-believing will catch on real fast...We simply can't expect some to understand it all...it's the same with this as an investment...as it is'nt for everyone...but to some it's as simple as ABC...LOL...There is no tit for tat. You stated as fact that trillions of dollars were flowing into Iraq and that is simply untrue. You might try some facts. Iraq is a third world country. It has a GDP of ~ $120 billion. It has a per capita income of ~ $4,200. It produces ~ 3.1 mbd of oil. Oil export is more than 90% its GDP. It's total banking system is less than $100 billion. The ISX trades ~ $35 million on a good day. The total market cap is not more than a few billion. In fact not a single ME country or OPEC member has a GDP of a trillion dollars. The question is how much of Iraq's GDP is flowing out of country. It is estimated that one sixth of Iraq's GDP is being creamed off in dollars and flowing out of the country which is why they have a official CBI dinar rate of 1168 and a market rate of ~1300.
http://www.iraq-businessnews.com/2012/12/27/one-sixth-of-iraqs-gdp-creamed-off/comment-page-1/

Uno
06-09-2013, 09:40 PM
Yet again your detailed facts back up your assertions. It's too bad most RV believers don't know what these facts mean. The bottom line, there is no RV, there never was, there never will be. It's all a charade to build demand for dinars so the sellers can make a profit. UDM SE, thanks for your input!


There is no tit for tat. You stated as fact that trillions of dollars were flowing into Iraq and that is simply untrue. You might try some facts. Iraq is a third world country. It has a GDP of ~ $120 billion. It has a per capita income of ~ $4,200. It produces ~ 3.1 mbd of oil. Oil export is more than 90% its GDP. It's total banking system is less than $100 billion. The ISX trades ~ $35 million on a good day. The total market cap is not more than a few billion. In fact not a single ME country or OPEC member has a GDP of a trillion dollars. The question is how much of Iraq's GDP is flowing out of country. It is estimated that one sixth of Iraq's GDP is being creamed off in dollars and flowing out of the country which is why they have a official CBI dinar rate of 1168 and a market rate of ~1300.
http://www.iraq-businessnews.com/2012/12/27/one-sixth-of-iraqs-gdp-creamed-off/comment-page-1/

4aprofit
06-10-2013, 04:17 AM
Let's play a little hypothetical game here....Some are in this for a positive outcome!...Others are in this for what?...Did they leave their million dollar day jobs to spend their days and nights, sitting on here, just to bash this..instead of showing us something better?Can some not see what is going on in Iraq...there has been, and is currently being initiated....the largest monetary shifts of money movements, probably in the history of the world..and from all over the world...Did some miss it somewhere...that Oil drives the planet....(and Iraq has the finest & shallowest)...not to mention natural gas, sulfur, phosphurous, gold, salts, bauxite, bentonite, etc., etc., etc...and Iraq possesses massive stores of much, if not all of the natural resources and minerals that exist on the planet...some are still being discovered...did some miss just the handful of the thousands of articles that I have read...where as I posted a few of them on this thread/blog?...Some of these naysayers need to go dig up Bear Stearns, Leahman Brothers, Worldcom & Enron..not to mention a few other losers...to go see if they can get vested in them again...(these guys and the economic community at times, put out wonderful figures and numbers on all of them while they were in their hey day')...you know, the ones that were propped up by the pillars of the economic community and the media...at least until they tanked...and now you wish to tell me that I'm stupid...and this is a scam...and/or that we can actually go by your figures that you say are official as per Iraq...what a joke....I guess you'll tell me the economy here in the U.S. has recovered as well..and that the figures we are hearing are right on too......heck, I'm interested in Iraq, not only due to the: "follow the money" scenario', as per what is really happening...you know, the things that I'm not told about'...as well as knowing that we are actually being told the opposite...(that's exciting in itself...the smokescreens & lies')....at least in certain circles.......that's predominently what keeps me interested'....as with this many smoke and mirrors...there's got to be a fire somewhere!....When you find us all something to save us, as per being our "Dinar Police"...get back with us all, lay it all out....if it looks as good or better...some of us may leave here and go with you...of course you will need to leave too...and quit chasing the "toilet paper" yourselves...especially if you dont believe in it!...LOL...

English Bob
06-10-2013, 09:23 AM
4aprofit

“It's better to keep your mouth shut and appear stupid than open it and remove all doubt”
This is a very good educational forum and you can learn allot from posters.

Most of the good stuff is on the other site...........go read until your heart is content.

You can click on SE or Uno's handle and read all their post and I would suggest you read them backwards ie the latest post first .............

I was going to pick your long winded statement apart.......... piece by piece and thought been there done that before on others.........

I am not trying to pick a fight with you I just cannot understand what you are trying to say!

SE figures will be correct and he has just asked you to prove re the trillion $$$.............you cannot...........why not be a man and admit....................you were exaggerating...........

You started this thread



What's really happening: Guru's, scam, etc!!!


I have not seen any information that I have not read before...........over the years

May I ask are you attempting to be the "GURU" and if so what of??



And before I sign out

“If you can't explain it to a six year old, you don't understand it yourself.” ― Albert Einstein


JMHO

EB

24mm exposed grid
06-10-2013, 10:32 AM
14 pages on and I still don't get your point...

How is 4aprofiit going to capitalize on the thousands of articles that you have posted about in this thread (sorry that's probably another exageration !!). What is going to happen that will 'make you right' and tell me exactly how events in Iraq will directly make you a profit.

Please don't tell me you hold some paper dinar.

4aprofit
06-10-2013, 02:55 PM
Here's one that even a 6 year old should understand....

I see the bashers and naysayers are back out of the closet again....I believe some of these guys go out in their yards with buckets...while the sun is shining...looking for hail!...lol....

And, hey, stuff like all the negative press and bashers...is why this investment excites me even more....all while Iraq becomes the cash cow in the big green pasture....but the goats are still eating the briars...and running in circles....while the gate to the pasture was left open all along...lol...

4aprofit
06-10-2013, 02:59 PM
Let's get a little more positivity going again here....


KRG allocates 700 million to establish tourist resort

Added by Ibrahim Khalil (http://www.iraqinews.com/author/ibrahim/) on June 8, 2013.
Saved under Business (http://www.iraqinews.com/business-iraqi-dinar/)
Tags: Dohuk (http://www.iraqinews.com/tag/dohuk/), IQD (http://www.iraqinews.com/tag/iqd/), Kurdistan (http://www.iraqinews.com/tag/kurdistan/)

http://www.iraqinews.com/wp-content/uploads/img_from_extracter/krg-allocates-00-million-to-establish-tourist-resort.jpg
Dohuk (IraqiNews.com (http://iraqinews.com/)) The Kurdistan Regional Government announced “Allocating more than IQD (700) millions for the establishment of Selafi resort in Amedi district of Dohuk province.”
<p style="direction: ltr;">The Mayor of Amedi district, Hussein Khalid, reported in press statement “The Kurdistan Regional Government announced allocation IQD (727,270,000) for the implementation of Selafi Resort project within the interest of the Government in tourism sector in KR.”
<p style="direction: ltr;">“The implementation of the resort’s project was started in 2012 and it is scheduled to be accomplished within (360) days,” he added. \END\

Read more: http://www.iraqinews.com/business-iraqi-dinar/krg-allocates-00-million-to-establish-tourist-resort/#ixzz2VnyesM00
Follow us: @IraqiNews_com on Twitter (http://ec.tynt.com/b/rw?id=aIlWZ2aGCr4ONkacwqm_6l&u=IraqiNews_com) | IraqNews on Facebook (http://ec.tynt.com/b/rf?id=aIlWZ2aGCr4ONkacwqm_6l&u=IraqNews)

4aprofit
06-10-2013, 04:29 PM
Ships, Tankers: Dock at Basra Ports

Added by Ibrahim Khalil (http://api.viglink.com/api/click?format=go&key=0d80ae9fe71cec9484f682bd59232f9e&loc=http%3A%2F%2Fnenosplace.forumotion.com%2Ft7858-3-ships-fuel-tanker-dock-at-basra-ports%2317713&v=1&libId=09658bbf-0972-4e4f-8c54-53c34770d491&out=http%3A%2F%2Fwww.iraqinews.com%2Fauthor%2Fibra him%2F&ref=http%3A%2F%2Fnenosplace.forumotion.com%2Ft7829-five-banks-have-47-trillion-dinars-and-can-not-be-used&title=3%20Ships%2C%20Fuel%20Tanker%20dock%20at%20B asra%20ports%2317713&txt=%3Cfont%20color%3D%22%23d41717%22%3EIbrahim%20 %20Khalil%3C%2Ffont%3E&jsonp=vglnk_jsonp_13708816136318) on June 9, 2013.
Saved under Business (http://www.iraqinews.com/business-iraqi-dinar/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/), Basra (http://www.iraqinews.com/tag/basra/)

http://www.iraqinews.com/wp-content/uploads/img_from_extracter/ships-fuel-tanker-dock-at-basra-ports.jpg

Baghdad (IraqiNews.com (http://iraqinews.com/)) The Um Qasr and Khur al-Zubair ports in Basra province received three ships and fuel tanker from various countries.
The Ministry of Transportation reported in statement received by IraqiNews.com (http://iraqinews.com/) “The Um-Qasr commercial port of southern Basra received a ship from Singapore loaded with (381) containers and a ship from Panama loaded with various goods.”
The Khur al-Zubair port received the (Smart Tel) ship loaded with (7355) tons of equipments and pipes and received a fuel tanker from Iceland loaded with (16,344) tons of gasoline.” \End\

4aprofit
06-10-2013, 04:33 PM
China to supply 10 modern trains to Iraq

10/06/2013 12:00 AM

BAGHDAD - morning
Discussed the General Company for Railways of the Ministry of Transport with a delegation Company (DEC) Chinese contracting with practical mechanism for the processing of 10 crews integrated trains traveling at 115 million dollars. Scheduled to arrive in two trains of these trains ten this year after the project is completed line of Baghdad - Basra - M Palace end of this year, while the remaining crews up over the next year 2014. A ministry statement received "morning," a copy of it, pointed out that the two sides discussed the origins of their contract concerning the supply crews train integrated mechanism for receiving and technical matters as a precaution wagons and locomotives and carriages energy. It is hoped that occur these trains new qualitative leap major sector rail in the field of passenger transport in terms of comfort, safety and high speed of the new line using the latest modern techniques for the conduct of trains according to international standards and technical. statement quoted Transport Minister Hadi al-Ameri emphasis on the introduction of modern technologies in the field of transport of passengers in trains and provide better services to the citizen through the purchase of new trains world-class .
The statement continued: The general manager of the railway engineer Youssef Abbas Rafi following stages of the supply of these integrated and her husband trains in service this year and next year with the aim of developing the reality of the company for the better to increase the volume of passenger transport capacity between the provinces.

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D1764813

24mm exposed grid
06-10-2013, 04:38 PM
Here's one that even a 6 year old should understand....

I see the bashers and naysayers are back out of the closet again....I believe some of these guys go out in their yards with buckets...while the sun is shining...looking for hail!...lol....

And, hey, stuff like all the negative press and bashers...is why this investment excites me even more....all while Iraq becomes the cash cow in the big green pasture....but the goats are still eating the briars...and running in circles....while the gate to the pasture was left open all along...lol...

Instead of posting endless junk that we've all seen before, tell us all how you are going to capitalize on the good things that are going on in Iraq. Are you simply another fool that owns dinar or are you involved in a business enterprise within Iraq ?

RoyalBeluga
06-10-2013, 04:43 PM
Instead of posting endless junk that we've all seen before, tell us all how you are going to capitalize on the good things that are going on in Iraq. Are you simply another fool that owns dinar or are you involved in a business enterprise within Iraq ?

Are you involved in a business enterprise within Iraq yourself 24mm?

4aprofit
06-10-2013, 04:46 PM
More than 5 trillion dinars, distributed among citizens

http://www.imn.iq/upload/2013/06/10/845500927mk.jpg


10/06/2013

More than 5 trillion dinars, distributed among citizens

The Finance Committee announced that 25 percent of oil imports between citizens of
abundance will be achieved from the year 2012, while the size of the estimated
savings achieved during the past year to 22 trillion
dinars.

Committee member Abdul Hussein Al-yasseri, from the
State of law coalition in an interview for "sourcing Centre for the Iraqi media
network": the abundance which is supposed to distribute 25 percent of oil
imports between citizens should be of the 2012 budget, on the understanding that
the financial savings are calculated at the end of March and that in the event
of financial abundance or deficiency, while not counting press balancing
2013.

The fiscal deficit in the budget is shot, and then take the remainder to be distributed as surplus to citizens by
descent on the mechanism, noting that State if you wish to calculate the imports
this year must be the end of the current month, such a thing is not possible and
not recognized in calculating funds or oil imports.
Al-yasseri, cautioned that there is a budget law
ensures the rights of all citizens to distribute 25 percent of oil imports
surpluses at any time after the amount calculated for a good living compared to
the situation in Iraq.

In turn, the parliamentary Finance Committee member, estimated Dr. Magda Abdel
Latif al-Tamimi, the free block that the amount of oil savings achieved during
the past year amounted to 22 trillion dinars.
Al-Tamimi said in an interview for "sourcing Centre for
the Iraqi media network": the Committee has charged the oil savings in 2012 from
the beginning of the year till the 31st of October, with 22 trillion
dinars.

Said Jaber Al-jaberi, a member of the Iraqi list to
calculate savings from oil imports from the jurisdiction of the Ministry of
finance.

He said in an interview for "sourcing Centre for the
Iraqi media network, the accounting service of the Ministry of finance to
calculate oil imports depending on world prices and km of which, he is not yet
calculate the excess imports and 25 percent of them for distribution among the
citizens.

He was Minister of planning Dr. Ali Yousif Al-Shukri had said in an earlier interview
for "morning" that mechanisms to distribute 25 percent of oil revenues among the
people.

El shukrijumah said the planning Ministry has developed
mechanisms to distribute 25 percent of surplus oil imports after the account
deficit, expressing his belief that there is a surplus on the balance is
calculated to the end of June each year and after this date, all amounts are
considered surplus.

He added that the amount would come to the Iraqi people might not be great, but we
nsharh reassured that he got during the first year the payment from surplus oil
revenues, expressing the hope that the ratio in the coming
years.

The existence of mechanisms for the first of these
amounts depending on the ration card, but our concerns and problems that many
recipients of the ration card items are not eligible, hinting that the second
mechanism is to rely on social security, but that the caveats given that someone
is entitled to this compensation and did not receive a non-eligible but their,
adding that this point will be discussed in the first year, we hope to reach the
25 percent of oil imports to the beneficiaries, We believe that the project
performs well and succeed if these amounts for the
beneficiaries.

The Minister emphasized that vigorous action in the implementation of the experiment
this year in cooperation with the Ministry of finance and the House of
representatives.
source

4aprofit
06-10-2013, 04:49 PM
Iraq to be linked to the world with vast network of 132 destinations across 6 continents

Emirates, which now serves three gateways in Iraq, will be the official carrier for TRADEUAE Iraq, a forum promoting trade between the UAE, Iraq and its Kurdistan region.
The airline will have a dedicated stand at the event, which takes place today and tomorrow in Erbil.
TRADEUAE Iraq is designed to provide UAE-based companies with the knowledge and contacts to do business in the Iraqi market.
“Emirates is very much about connecting people, ideas and stimulating business around the world. This is an important event and supports the UAE government’s efforts to help rebuild Iraq economically,” said Haitham Al-Battawy, Emirates’ Manager, Iraq.
“Since launching Basra in 2011, and then Baghdad the same year, our operations have grown steadily in Iraq. In August of last year, we started services to Erbil,” said Al-Battawy.
“We know there is a great deal of interest in this market, particularly Erbil, so this event is a very useful platform to generate new business opportunities,” he said.
Emirates’ flights to Iraq across its three gateways are served with Airbus A330-200s, which can carry up to 17 tons of cargo per flight.
Emirates SkyCargo reports that air freight is showing strong growth in Iraq – so much so, Emirates is sending in three 777 freighters each week. Coupled with passenger aircraft capacity, this brings a total air freight capability of nearly 450 tons, feeding a burgeoning oil and gas sector.
“With three departure points from Iraq connecting to our globally renowned hub of Dubai, we are superbly equipped to link Iraq with the rest of the world through our vast network of 132 destinations across six continents,” added Al-Battawy.
TRADEUAE is backed by the UAE Ministry of Foreign Trade and Investment, Dubai Exports, Dubai FDI, Abu Dhabi Department of Economic Development, the Kurdistan Regional Government and Kurdistan’s Federation of Chambers of Commerce and Industry.
The event is being held at the Saad Conference Center in Erbil.
Key exports carried by Emirates SkyCargo are: Oil drilling and mining materials/pipes/machinery/equipment, electrical and electronic equipment and automotive spare parts./end/8/

4aprofit
06-10-2013, 04:53 PM
Import of 60 armored vehicles for the transfer of funds between Iraqi banks

06/21/2012

http://www.dananernews.com/LionImages/News/Reva.jpg

BAGHDAD / JD / .. import sources for the Ministry of Finance 60 trucks armored American made, so as to transfer funds between Iraqi banks. The sources said the reporter Agency (JD), "The Ministry of Finance has imported 60 trucks armored American-made, dedicated to the transfer of funds between banks in Baghdad and the provinces, adding that the new trucks armored and can not be penetrated even improvised explosive device., The sources added, citing one employees of the protection force and the Ministry of Finance It was imported new trucks due to deterioration of the old trucks. Iraq has witnessed many incidents of stealing money during a bank transfer after the deterioration of security during the 2003 and the world, especially in the region and Western Alosth from. / Finished / 20

http://www.dananerne...ils.php?ID=1048 (http://www.dananernews.com/News_Details.php?ID=1048)

4aprofit
06-10-2013, 05:39 PM
The great reserve of hard currency and gold must be invested to develop the economy through the benefits of Iraqs reserves

27/05/13

Said former science and technology Minister Raed Fahmi and the Economist, "the great Iraq reserve of hard currency and gold must be invested to develop the economy through the benefits of this reserve".

He said in a press statement that "Iraq and what owned him from the large reserve of hard currency and gold also must invest in raising the value of its currency against other currencies," it is inconceivable that the Iraqi currency is weak compared to what Iraq owes a large reserve of hard currency ".

He added that "Iraq has said economic stability at least part of the hard currency and gold curiously under the stability that this currency fluctuation," he said, adding "it affected rely on gold for the strengthening of the local currency.

"We must have a strong dinar and the Iraqi economy needs a clear strategy for currency and strengthen the risk management capacity and economic fluctuations faced in Iraq", indicating that "currency stabilization and strengthening of the policy of the Central Bank to assume her engagement with global companies." Financial sources have noted rising Iraqi cash reserve of hard currency to 74 billion dollars.

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4aprofit
06-10-2013, 05:40 PM
Iraqs International Trade will support private sector and promote two-way trade with countries worldwide

27-05-2013 11:39 AM

Baghdad (news) .. Confirmed commercial affairs expert Hazem al-Hasnawi, said that the project of establishing Iraq International Trade Point announced by the Iraqi Ministry of Trade will activate the work of the private sector and promote the growth of the Iraqi economy.

And said Hasnawi (the Agency news): that Iraq's strategic location allows him to create an international trade point be the focus fulcrum for all international cargo, where it will support private sector companies and enhance the trade movement interfaces with the countries of the world.

He added: that the project needs to be integrated infrastructure and database can do business electronic commerce such as marketing and display tenders, saying it needs adequate financial allocations for the establishment.

He stressed: that the point of international trade will have a significant impact in the development of the Iraqi economy through its openness to international markets and increase trade exchanges between Iraq and the various countries of the world, similar to Egypt and the Gulf states.

Have been held and the Ministry of Commerce, a meeting chaired by Hashim Mohammed Hatem, Director General of the Department of Foreign Economic Relations, and the presence of representatives of Iraqi ministries, and private sector entities to discuss the establishment of a Trade Point Iraq's international, to achieve this point of the huge benefits to its effect of the advancement of the economic reality of Iraq, stressing that the launch is near. / End / 8.'s. m /

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4aprofit
06-10-2013, 05:41 PM
High rates of commercial exchanges between Iraq and the United States of America
26-05-2013 | (Voice of Iraq)



Mr. Nofal Abualhun Hassan commercial attache at the Iraqi in the United States the keyword in the program held by the Chamber of Commerce US-Arab bilateral in Houston, Texas in collaboration with the Ministries of Commerce and the U.S. State Department and the presence of a large group of executives and businessmen Americans and government officials American in addition to the delegation of businessmen and heads of companies from the Iraqi city of Basra visiting Texas in cooperation with the Commercial Law Development Program in the U.S. Department of Commerce.
Has opened the celebration Mr. Krant Harbold board member of the Chamber of Commerce in advance keynote speaker for the program, Mr. Nofal Hassan, who pointed out at the beginning of his speech to the visit of Mr. Basra's governor and his entourage in December last year and has been in display many investment opportunities in Basra and initiative twining cities of Basra and Houston as well as ways to overcome the difficulties and challenges faced by companies operating in Iraq ..
Mr. Nofal Hassan in his speech, "One of the main challenges facing Iraq is the challenge of building a democratic state on the ruins of the accumulations of decades of dictatorship, and the challenge of turning economic trend of centralization strict command economy to a more open economy. Moreover, the political instability reflected one way or another on the security side, which also affected, including region is witnessing currently repercussions.
As you know, democracy and elections system beautiful and best choice coined by humans to rule, but they alone do not automatically produce and fast all what we see in well-established democracies of the stability and the freedoms and rights and access to the force of law. Democracy needs the structure and social and cultural base dolly. Can not provide these social and cultural structure without a viable economy.
When they are creating and providing more job opportunities, the hope and aspiration of life is becoming increasingly less tendencies of extremism and terrorism.
And increase employment opportunities and trade leading to economic growth, the beneficiary will move slides a driving force for further reforms in the legal framework and regulations that may impede growth and slow down the flow of trade movement.
The new system has inherited the bulk of timely laws that are designed to deal with the approach contrasts with the Constitution and contemporary economic trends. The state has worked to reconsider many of these laws and issued new ones encourage investment, including the Investment Act of 2006, which was amended to allow the investor to own a land earmarked for housing projects. There is serious work to amend the investment law and reconsider other laws to make it more attractive to work in Iraq. As we pointed out, Iraq is facing the challenge of restoring its infrastructure and improve its administrative system in conjunction with the ongoing war against terrorism, corruption, and the rest of the transition challenges faced by even many different forms from other countries during the political or economic transformations.
Despite these concerns and severe challenges, the development of the economy and facilitate the smooth flow of business activities should remain within our highest priority. And referring to the figures announced by the Commercial Attaché in its report for the first quarter of this year has seen commercial exchanges between Iraq and the United States during the first quarter of 2013, an increase of 23% compared with those for 2012, reaching more than 4.5 billion dollars of goods and commodities only.
Also saw volumes of trade exchanges between the two countries increased significantly in recent years. Rose from 13.8 billion in 2010 to more than 19 billion in 2011, then increased in 2012 to reach $ 21.3 billion. The money the trade balance in favor of Iraq dramatically as Iraqi exports represented the United States the greatest part of the total exchanges. Although goods and equipment and the requirements of government contracts and projects accounted for the bulk of Iraq's imports from the U.S. markets, there is increasing growth in the roles of the Iraqi private sector ones.
And play small and medium enterprises play an important role in the transition economies of or unstable and this is what happened to the many countries that have experienced large economic transformation, such as China, India or even the smaller countries, including neighboring countries Iraq Kalamarat and Jordan. In this city (Houston), in addition to U.S. cities and states many small and medium-sized companies have had a bigger role to improve the economy after the financial crisis suffered by suffocating the U.S. economy in 2008.
And as a government in a country with an emerging democracy, we are aware that the Iraqi citizen start govern Afadil the according to economic performance and achievement, which is reflected in the daily life of services, health, education and employment opportunities. Therefore, the support of the private sector, especially small and medium-sized companies that can move more flexible than government institutions if there have growth opportunities. "
He said Mr. Nofal Hasan to many opportunities and projects currently available in Basra in particular and Iraq in general. And called on U.S. companies to invest in. As as lung Iraq and the key to growth and prosperity. He also presented and briefly some of the tasks of the Iraqi Commercial Attaché in Washington as a gateway for U.S. companies wishing to operate in Iraq. He concluded Mr. commercial attache noting that "major transformations starts so small hard her attention usually before they gather updated comprehensive change," he said, "We need partners believe in us the future of Iraq and its importance, and we need those who share our vision of what will happen after the recession dust and after the demise of the storm."
The event was concluded by a speech from Mrs. Nagla Tanues former Chancellor of the Board of International Trade for the management of small projects in Houston and conveyed the greetings of a member of Congress from Houston, also made a gift of the Commercial Law Development Program in the U.S. Department of Commerce Chamber of Commerce. Joint hearings were held for the purpose of conducting business partnerships among dozens of U.S. companies and Iraqi companies visiting.



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4aprofit
06-10-2013, 05:44 PM
“US Senate Committee on Foreign Relations”...Iraqi Oil to Fund Cost of War?This is a video from the “US Senate Committee on Foreign Relations”.

“WE WERE TOLD IRAQI OIL WOULD FUND THE FULL COST OF THE WAR”
LONG VIDEO BUT A TON OF INSIGHT!

BEST PART STARTS AT 95:05 MINUTES INTO IT, BUT IT'S WORTH LISTENING TO ENTIRE VIDEO

http://www.foreign.senate.gov/hearings/hearing/?id=a421f9a1-5056-a032-52ae-3e2b956077c2 (http://www.foreign.senate.gov/hearings/hearing/?id=a421f9a1-5056-a032-52ae-3e2b956077c2)

4aprofit
06-10-2013, 05:46 PM
CNBC Recommends Investing In Iraq”, Hedge Funds & Mutual Funds Moving Into Iraq!…
Even though this was back in Oct. 2009, it shows back then, Iraq had one of the best Economic Growth Track Records in the World!....What is interesting here is that many Large Hedge Funds Co's, Mutual Funds Co's, Private Equity Firms, Etc...were then already ready to invest in Iraq!...One of these experts states that Developing Markets is where all the growth is!...You will see an interview with Mr. Grayson with Auerbach Grayson, who is a seasoned Wall Street Trader, who knows markets, they cover 220 countries. Grayson say's he likes Iraq because it has "negative press/news coverage"...and he says Iraq has real growth and real infrastructure, and they want to be there first!..Many of the investment areas that they were there for back then, have now advanced massively!...What this depicts here, is those that move on something like this early will be the winners...as they state numerous times!

CNBC NEWS: “CNBC Recommends Investing In Iraq”

http://www.youtube.com/watch?v=0m6E76f__20&feature=related (http://www.youtube.com/watch?v=0m6E76f__20&feature=related)

4aprofit
06-10-2013, 05:47 PM
BUSINESS INSIDER: “PRESENTING: The Hottest Economies In The World”, Iraq #1, as per CIA World Factbook…

http://www.businessinsider.com/29-of-the-worlds-fastest-growing-countries-2012-6?op=1 (http://www.businessinsider.com/29-of-the-worlds-fastest-growing-countries-2012-6?op=1)

4aprofit
06-10-2013, 05:47 PM
message contains blocked images. Show Images (http://www.investorsiraq.com/forums/#)Options (http://www.investorsiraq.com/forums/#)

CNBC VIDEO…Regarding Iraqi Oil & Good Economy..from early 2011..This mentions back at this time, where the Chinese, Koreans and Americans were moving in on the Oil...Anthony as he's interviewed, mentions the wealth of Iraq and it being a very rich country!.

Wed 19 Jan 2011 | 12:57 PM ETWhy Iraq's economy is growing at a healthy clip, with Anthony Scaramucci, SkyBridge Capital.


At appx. 1:30 minutes, they start giving oil updates on Iraq...Interesting Analysis....

http://video.cnbc.com/gallery/?video=1752197415&play=1

4aprofit
06-10-2013, 05:50 PM
Sebastian River Holding's Adds an Additional 100,000,000 Iraqi Dinar to Its Foreign Currency Division

SEBASTIAN, Fla., Dec 6 /PRNewswire-FirstCall/ -- Sebastian River
Holding's Inc. (Pink Sheets: SBRV), today announced that the company has
added an additional 100,000,000 Iraqi Dinar to its portfolio. This gives
Sebastian River Holding's a total of 235,000,000 Iraqi Dinar in its foreign
currency division.

"With all the great news coming out of Iraq, the rate of the Dinar
rising every day and people by the busloads returning daily back to their
homes in Baghdad, it was an easy decision to increase our holdings in what
the company believes to be the best investment in foreign currency today,"
stated Daniel Duffy, president of Sebastian River Holding's Inc. "People
don't realize that prior to the war with Iraq the Dinar was $3.00+ per US
Dollar. Today the country is almost debt free; Iraq is one of the leaders
in oil, natural gas and holds a huge amount of gold in its country, and the
rate is 822.37 per million, which is up from $784.93 when we first started
in March 2007."

The Company believes in the near future there will be a revalue of the
Iraq Currency, it is the Company's opinion after doing its due diligence
and public statements from Iraq's government officials, that the revalue
could come in at between .82 and 1.00 per US Dollar. This would give
Sebastian River Holdings a profit of between $192,000,000 and $235,000,000.

The article below was taken from a daily address to the people from
Iraq's finance minister: Baqir Jabr Zubaidi.

"That the Iraqi government was able to extinguish the 90 billion
dollars of Iraqi debt and has worked to reduce the size of inflation from
66 per cent to Between 16 - 18%, and that the Central Bank of Iraq 22
billion dollars , 3 tons of gold specifically to support the Iraqi dinar,
rising value of the Iraqi dinar against the dollar from 3 thousand dinars
in 2004 to between 1200 1000, the dinar this year, stressing that every
effort will focus on Iraqi deleted 3 zeroes off the value of the Iraqi
dinar, leading to 1 Iraqi Dinar for every one dollar."

Forward-Looking Statement

This Press release may include forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These statements are based on the
Company's current expectations as to future events. The forward-looking
events and circumstances discussed in this press release might not occur,
and actual results could differ materially from those anticipated or
implied in the forward-looking statements.

CONTACT: Investor Relations:

Sebastian River Holdings, Inc.
Bob Green, 954-549-3811 (http://nenosplace.forumotion.com/)

SOURCE Sebastian River Holding's Inc.

4aprofit
06-10-2013, 05:56 PM
Maliki pursuing a policy of gagging all media and communications (http://www.algharbiyanews.com/index.php?page=article&id=176389)28-05-2013 12:37 PM

Western News
- The Iraq News

Dozens of Iraqi journalists, Monday, in front of the Sheraton Hotel in Baghdad, where the Conference shall be held for the Communications and Media Commission in protest against the decisions taken.

and media sources said that "journalists demonstrators described the decisions of the Conference Paljaúrh and going back through the creation of the Ministry of Information new" noting that "the Commission violated the Iraqi constitution, which emphasized the freedom of the press and of expression in the new Iraq.

, the sources added that "journalists protested also on the feet of the recent closure of a number of satellite TV arguments unrealistic confirms that Iraq is heading towards the back of the press.

4aprofit
06-10-2013, 06:04 PM
Adventures Abroad Worldwide Travel unveils new small-group cultural tours of Iraqi Kurdistan

(You know a place is emerging as an up-and-coming destination when National Geographic lists it one of its 'Top 10 Adventures for 2011)

Friday, June 08, 2012
In its 25th year of business, Adventures Abroad Worldwide Travel is proud to announce the beginning of its operations in Iraqi Kurdistan, with a 9-day itinerary that covers the highlights of this safe and secure region in this diverse country. Adventures Abroad has formed an exclusive partnership with a well-established, expatriate and locally-managed inbound operator, whose expertise, local knowledge and connections with local government and the registered Kurdish risk management advisory ensures a safe and secure cultural and historical immersion in this fascinating region.

Founded as a one-man operation in 1987, Adventures Abroad grew from humble beginnings to establish itself a leading player in the small-group-tour industry, culminating in recent recognition from National Geographic as one of the best travel companies in the world. Today with a diverse client base that spans the US, Canada, the UK, Australia and New Zealand, Adventures Abroad has 350+ itineraries to 120 countries and arranges group departures for thousands of travellers every year.

Adventures Abroad Product Manager Rick Unrau, who developed the Iraqi Kurdistan program, will be traveling to the region on a reconnaissance trip in March.

"'You're going where?!' is always the first response. Assuring travellers that they can have a relaxed and safe time touring a country whose name is so closely associated with war will be our biggest marketing challenge. While there are government advisories in place warning against travel to Iraq, we are pleased to note that they all make a distinction between the south of the country and the Kurdistan region, which has enjoyed an economic and touristic renaissance in the post-Saddam Hussein era. Security measures put in place since 2003 have been successful and effective, such that the region is stable and thriving as never before. You know a place is emerging as an up-and-coming destination when National Geographic lists it one of its 'Top 10 Adventures for 2011.'"

The first trip is scheduled for late May 2012; fall 2012 dates will be announced soon. Travellers will be able to combine Kurdistan with other Adventures Abroad itineraries in the region, most notably the Caucasus and the countries commonly referred to as 'The Five Stans.' Adventures Abroad President and owner Chris Boycott notes: "This new destination will further our reputation as an industry-leader in adventure travel. As far as I know, there are no other companies currently offering a tour of the 'Six Stans'!"

Iraqi visas are granted free on arrival to holders of Canadian, USA, UK, Australian and New Zealand passports. Kurdistan is conveniently served by a number of airlines, among which Lufthansa and Turkish Airlines offer daily service to Erbil.

As well as offering unique, small-group cultural itineraries across all seven continents, Adventures Abroad has an extensive range of travel products that includes: Walking Tours, Active Adventures, Family Fieldtrips, Custom Group Tours, Budget Tours, Luxury Travel, Educational Tours for Students and customizable private tours.

http://www.traveldai...+Latest+News%29 (http://www.traveldailynews.com/pages/show_page/49785-Adventures-Abroad-Worldwide-Travel-unveils-new-small-group-cultural-tours-of-Iraqi-Kurdistan?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TraveldailynewsLatestNews+%28 TravelDailyNews.com+Latest+News%29)

English Bob
06-10-2013, 10:18 PM
Here's one that even a 6 year old should understand....

I see the bashers and naysayers are back out of the closet again....I believe some of these guys go out in their yards with buckets...while the sun is shining...looking for hail!...lol....

And, hey, stuff like all the negative press and bashers...is why this investment excites me even more....all while Iraq becomes the cash cow in the big green pasture....but the goats are still eating the briars...and running in circles....while the gate to the pasture was left open all along...lol...

ok....................I get this thread now................it's what excites you!!!


I could post 14 pages of my wife......................cause that what excites me..............I would not do it .........because that is me and my wife's business.................but I think it may be far more interesting than what you are posting and probably get more responses.............. cause it would be new and exciting..............what you are posting is old news and those that have been on this site for a long time this is old news..................I think you need some time out from the Iraq Dinar..............most of us on this site have done at some time.

And the 6 year old's have been right for the last.............."how many years"..............most six year old's worked out it was, ISX or above normal interest in Iraq is the way forward................has not worked out for the late comers for the interest on accounts and only time will tell on the ISX ...................but RV...............you have missed the boat every pip movement has been an RV...........those that bought in the beginning and have cashed have gained........the lop will happen and then the pips will keep going slowly but steadily..............

and once again before I sign off

Grass hopper ..........you are young ...............you will learn..............(or maybe not)!!!

JMHO

EB

4aprofit
06-10-2013, 10:36 PM
Why not be excited...you've shown me nothing better to get into boys...whether it lops or pops, I'm in until it's over...so hang in there...maybe all the positivity wont get to you guys too bad...It's all part of the ride'...and when it's all over said and done...hopefully we will all act like 6 year olds once again.....lol...

English Bob
06-10-2013, 10:42 PM
Why not be excited...you've shown me nothing better to get into boys...whether it lops or pops, I'm in until it's over...so hang in there...maybe all the positivity wont get to you guys too bad...It's all part of the ride'...and when it's all over said and done...hopefully we will all act like 6 year olds once again.....lol...


WTF!!!

Are you a peado???

You should not have been allowed out of the clinic.............I guess it's all those government cut backs!!

EB

4aprofit
06-10-2013, 10:57 PM
Wow, pure insane madness over toilet paper money!...Why are you even here if it get's to you this bad...as you simply hate positivity and happiness so much...you may be on the wrong site...as I thought most of us were in this for a gain and looking for things that lead to the same...at least I am....I'd hate to even be in your neighborhood...you probably shoot at the moon when its pretty....lol...

Screaming Eagle
06-11-2013, 01:42 AM
SHARE THIS
Close to 60 killed in attacks across Iraq


By Mohammed Tawfeeq and Samer al-Bassam, CNN

updated 5:07 PM EDT, Mon June 10, 2013




STORY HIGHLIGHTS
NEW: 36 people are killed in a series of attacks around Mosul
NEW: 15 are killed north of Baghdad, in Diyala province
NEW: Another six people are killed in attacks in or near Baghdad proper
Iraq wracked by violence in recent months

Baghdad (CNN) -- A rash of bombings and other attacks shook the northern Iraqi city of Mosul, Diyala province, and the Baghdad area on Monday, killing at least 57 people and injuring many others, authorities said.

In Mosul, police appeared to have been targeted in a series of deadly attacks, starting with a suicide vehicle bombing at a security checkpoint.

That blast killed at least nine federal police officers, police and health officials in Mosul said.

The attack occurred at al-Sawas square in central Mosul, about 250 miles (400 kilometers) north of Baghdad.

Overall around Mosul on Monday, at least 36 people were killed and 122 wounded in car bombings, shootings and clashes, the officials said.

Near Baghdad, at least 15 people were killed and 30 were wounded when three bombs targeting a vegetable market went off in quick succession, Iraqi parliament member Husain Hamham said.

The incident occurred in Jadidat al-Shat in Diyala province, more than six miles (10 kilometers) north of Baghdad.

There was more violence in or near Baghdad proper.

A roadside bomb hit a police patrol in the town of Al-Madaan, just south of the capital. As security officials arrived to investigate, a suicide bomber attacked, killing at least three officers.

And in the Sadr City area of Baghdad, two bombs exploded outside a restaurant, killing another three people.

Iraq has been beset with political and sectarian violence in recent months.

Iraqi and international leaders fear that tensions between Sunnis and Shiites could escalate and restart the full-blown sectarian war that raged last decade.

Screaming Eagle
06-11-2013, 01:48 AM
http://www.bing.com/images/search?q=iraq+bombings&qpvt=iraq+bombings&FORM=IGRE

Screaming Eagle
06-11-2013, 01:49 AM
http://articles.latimes.com/2013/may/20/world/la-fg-iraq-violence-20130521


Iraq car bombings leave dozens dead


The continuing violence fuels fears that Iraq is sliding back into chaos and on the verge of splintering.

May 20, 2013|By Aziz Alwan and Ned Parker, Los Angeles Times


Share

An Iraqi passes the scene of a car bombing in Kamaliya, in east Baghdad.

An Iraqi passes the scene of a car bombing in Kamaliya, in east Baghdad. (Hadi Mizban / Associated…)


BAGHDAD — Car bombs around Iraq killed at least 65 people Monday amid the worst wave of violence in the country since U.S. troops withdrew a year and a half ago.

The attacks, which occurred along busy commercial streets in Shiite and Sunni areas, followed a string of bombings and other attacks last week that killed more than 200 people. The ongoing violence has stoked the impression among Iraqis that the country is sliding back into chaos reminiscent of the civil war that claimed tens of thousands of lives between 2005 and 2008.

Screaming Eagle
06-11-2013, 01:52 AM
http://www.cnn.com/2013/05/27/world/meast/iraq-violence

Baghdad (CNN) -- At least 51 people have been killed and more than 160 others were wounded in a wave of violence in Iraq on Monday, Iraqi Interior Ministry sources told CNN.

The attacks continue the increase in political and sectarian violence in Iraq, including its capital, Baghdad, over the past several weeks.

Are dark days returning to Iraq?






Watch this video

Is Iraq unraveling?





Watch this video

Iraq still divided along sectarian lines
Much of the violence included Sunnis squaring off with Shiites and the Shiite-led government.

Most of the casualties Monday were in and around Baghdad, where 11 car bombs exploded, mostly in Shiite neighborhoods, Also, one bomb exploded in the central Baghdad commercial area of Bab al-Sharqi, near street vendors. Another exploded in the New Baghdad district in eastern Baghdad, close to shops and a Sunni mosque.

There were several incidents in Anbar and Nineveh provinces, but officials did not give further details.

Iraq at crossroads as bombs explode

According to a CNN tally, more than 300 people have been killed in acts of violence across the country since the beginning of May.

Over the past week, Iraqi security forces increased their presence in the capital's streets and established more checkpoints.

4aprofit
06-11-2013, 04:31 AM
And did most know that in just "ONE" Major City in America...there are, and were, more people killed...(and continue to be now)....than there were U.S. Soldiers killed in Iraq...during the same 10 year period of the Iraqi War...and the World still turns..here and there...sadly but true...violence will always exist, and will just continue to just get worse...whether it's Detroit, Chicago, New Orleans....or Baghdad, Mogadishu or Rio di Janero...violence continues, businesses continue and people still go about their daily lives...Do some think that a rising and emerging democracy in the middle east like Iraq is becoming...will emerge without it's problems, at least until all the issues are ironed out?...The money keeps pouring into Iraq...why?...Resources...and the entire World wants them...and they will acquire them..REGARDLESS!!!...

4aprofit
06-11-2013, 04:40 AM
Check out this 140 page document of the progress being made in Iraq.....UNBELIEVABLE!!!

Iraq is poised to BOOM, and already is, but many have no idea why, (outside of oil anyway)...

The New Iraq-2012 Discovering business report.

http://iraq-businessnews.com/pdf/Iraq-Book-2011-Web.pdf

4aprofit
06-11-2013, 03:05 PM
Trade invites States and international companies to take part in the Baghdad international exhibition

 Baghdad

The company invited the public and commercial services in the Ministry of Commerce and trade and investment companies and industry to participate in the work of the fortieth session of the Baghdad international fair which will be held under the slogan (Baghdad international fair (40) Forum trade and investment),

The company's General Manager, said Sadiq Hassan Sultan in a statement faxed to the extent that the country seeks to strengthen and enhance economic ties between Iraq and the countries of the world to serve the common interests and the desire to allow the sectors for cooperation and take advantage of the possibilities available to companies. Pointing out that the current session will be held for the period from 10-20 October instead of November.

"The next session and the previous session is the most prominent and most importantly the Iraqi economic arena with its exhibition of official attention and public turnout as a window on the world and Iraq is one of the most important channels of communication with the rest of the States. As its importance also come from further residence annually over decades ago.

This, more than 1,500 companies from about 20 Arab countries and foreign display their products and expertise in various fields. Participated at the previous session of the Baghdad international fair log at its previous session, the qualitative level of organization, management and services Baghdad provincial Council after spending about 60 billion dinars from the regions development customizations for 2012, to rebuild the show. Where he saw many of the previous session of the Baghdad international fair was an opportunity to move the development and investment projects, and that the official global presence to shorten the distances to the stakeholders and decision-makers in Iraq to learn about new products and new technologies, which meet the needs of local and world class service, as well as reduce the economic cost in the direct trade transactions away from brokers and intruders

http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.almadapaper.net%2Far%2Fnews%2F4 45807%2F%25D8%25A7%25D9%2584%25D8%25AA%25D8%25AC%2 5D8%25A7%25D8%25B1%25D8%25A9-%25D8%25AA%25D8%25AF%25D8%25B9%25D9%2588-%25D8%25A7%25D9%2584%25D8%25AF%25D9%2588%25D9%2584-%25D9%2588%25D8%25A7%25D9%2584%25D8%25B4%25D8%25B1 %25D9%2583%25D8%25A7%25D8%25AA-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25A7%25D9%2584 %25D9%2585%25D9%258A%25D8%25A9-%25D9%2584%25D9%2584%25D9%2585

4aprofit
06-12-2013, 03:51 AM
26 international firms compete to build Iraqs largest refinery of 300,000 barrels per day

12/06/2013 12:00 AM

Baghdad (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=baghdad&mt=~~~~~~~~n~~~), Qassim Hilfi
Preparing the Ministry of Oil to end the referral procedures for the licensing round for the development of the field of Nasiriyah (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=290927718599&item=290927718599) and build the largest refinery in Iraq, revealing the progress of 26 international companies to compete to win the contract. Said director of the legal department in the ministry, Laith Abdul Hussein Shahir in a statement singled out (Center Brief for the Iraqi Media Network) The ministry's experts were working currently on Check assignment round for the development of the field of Nasiriyah and build the largest refinery in the country and a capacity of 300 thousand barrels per day. noted that it was the first time that regulate the ministry's licensing round for the construction of an integrated project includes the development of an oil field and build a refinery in proximity, revealing that the tour which will be held during the month of December next, applied to subscribe for 26 companies after they touched the ministry's interest in highly competitive among global companies through licensing rounds earlier. revealed Shahir for the refinery to be established in Nasiriyah (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=290927718599&item=290927718599) on according to the latest global technology and prepared his designs engineering by the largest global company competent to do so, it will be a generation new refineries that follow European specifications No. 5, which is the highest and the latest and a production capacity of 300 thousand barrels per day. confirmed the existence of a fifth round to explore the patches of new gas in a number of provinces will be held after the tour, noting that the ministry is determined to develop industry the country to adopt a gas to generate electricity it as wrought by the most advanced technology in this regard.
In the meantime, a shipping source said that oil exports from Basra ports returned to 2.28 million barrels per day on Tuesday after bad weather caused a halt loading activities on Monday.


http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D1770978

4aprofit
06-12-2013, 03:52 AM
American University of Iraq (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=230985470782&item=230985470782) Graduates Students From Across Iraq http://illiweb.com/fa/empty.gif

Today at 6:30 pm







By: Abdel Hamid Zebari for Al-Monitor Iraq Pulse Posted on June 4.

Zaydan Khalaf, a Yazidi student, didn’t feel he was different from any other student as he was completing his two-year master's degree at the American University (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=230985470782&item=230985470782) of Iraq in Sulaimaniyah (AUIS). Khalaf formed friendships with Iraqi students of different nationalist affiliations and ethnic groups, as well as with students from abroad. He was never harassed for having a different religion, creed or nationality.

On May 30, AUIS celebrated the graduation of more than 60 students from across Iraq with bachelor's degrees in business administration, information technology and international studies, while 29 other students received master's degrees in business administration. A large number of officials attended the ceremony.

The AUIS Board of Trustees held a meeting in Sulaimaniyah in 2006 to create an American-style educational institution in Iraq. They wanted to establish a university in which gifted students from across Iraq and the region could study, regardless of their affiliations.

The university opened its doors in 2007, and 45 students from various regions were accepted in the first phase, during which the university launched a master's program in business administration.

AUIS is recognized by the Ministry of Higher Education and Scientific Research (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390601071594&item=390601071594) in the Iraqi Kurdistan Region and certified at the national level in the US by the American Academy for Liberal Education.

Zaydan Khodida, who finished his master's degree in business administration, told Al-Monitor, "During the two years that I spent in university, I did not notice any difference at the religious, ethnic or even nationalistic level. There were students from across Iraq — from the center and the south, from Kurdistan and abroad — Shiites, Sunnis and other ethnic groups. As for us, the Yazidi students, we were 22."

He added, “I currently have friends from Baghdad, Basra and all of Iraq’s cities, and I am always in contact with them. These friendships were formed during university days.”

Followers of the Yazidi religion in Iraq were subjected to many attacks after 2003, and many Yazidi students were forced to leave Iraqi universities after they were harassed by terrorist groups that believe that Yazidis are not Muslim and that they should therefore be killed.

Khodida said there are more opportunities to get a job in the Kurdistan Region or other provinces of Iraq when students have a degree from AUIS. He added that students who graduate from AUIS speak English well, in addition to Kurdish for ​Kurdish students and Arabic for Arab students. Foreign companies always look for efficient people, he added, and this is what the university produces.

Concerning the process by which students are accepted at the university, Bazar Ali Boscani, an AUIS spokesperson, told Al-Monitor that all Iraqi students are eligible to apply to AUIS — be they residents or nonresidents. They are, however, subject to the terms of the Ministry of Higher Education and Scientific Research (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390601071594&item=390601071594) in the Iraqi Kurdistan Region, whereby minimum grades of 70% average in the scientific and literary sections are required. Non-Iraqi students must get an equivalent to their diplomas from the Iraqi Kurdistan government’s Ministry of Education.

Boscani pointed out that there are more than 1,000 students enrolled in the university, not including those who are working toward a master's degree and those enrolled in courses organized by the university to improve their English. This year saw the graduation of the university’s second class.

Boscani also noted that students come from Kurdistan, Iran, Kuwait and Syria, adding, “We consider this to be a good start, and we hope that the number of these students will increase in the future.”

He also said that the higher a student’s GPA in high school, the lower the tuition fees, and added that this is a form of support and encouragement provided by the university for students in the preparatory stage. This is done in order to push them to make greater efforts to obtain higher degrees when they graduate from high school.

Boscani added that if a student’s GPA when he or she graduates from high school is between 95% and 100%, tuition is $1,500. As for students with an average of 75%, they pay $6,500 annually, but that amount decreases when their GPA increases.

Concerning the number of colleges, he said, “At first, we had three colleges for business administration, international studies and information technology.”

“This year,” he added, “we opened two colleges for general engineering and mechanical engineering, and two others for the English language — one for English literature and another for languages and journalism.”

According to Boscani, AUIS graduates easily find good job opportunities, except for those who go on to finish their graduate studies in Europe and the United States. Boscani noted, “We currently have students completing their post-graduate studies in American and European universities, but about 98% of our university graduates get jobs.”

He added, “We have a career center at the university that helps students find job opportunities before graduation and there is a great demand for graduates of our universities, because they are following a new educational system.” He added that AUIS is filling the void in the fields of administration and informatics, and they graduate with excellent English skills.

There are currently 19 public universities in Iraq: Al-Mustansiriya University, the University of Basrah, the University of Mosul, the University of Technology, Kufa University, Tikrit University, Al Qadissiya University, the University of Anbar, Al-Nahrain University (formerly Saddam University), Babylon University, University of Karbala, Thi Qar University, Kirkuk University, Misan University, Al Muthana University, the Iraqi University, Diyala University and Wassit University.

The universities in the Kurdistan Region of Iraq, however, number five: Salahaddin University, the University of Sulaimani, the University of Dohuk, the University of Koya and the Hawler Medical University, in addition to dozens of private universities spread across the country.

Abdel Hamid Zebari is a contributing writer for Al-Monitor’s Iraq Pulse. A reporter from Erbil who works in print and radio, he has published in local and international media, including Agence France-Press and Radio Free Iraq (Radio Free Europe (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130922120073&item=130922120073)).

Read more: http://www.al-monitor.com/pulse/originals/2013/06/iraqi-university-unites-different-groups.html#ixzz2VxAfO78e

4aprofit
06-12-2013, 03:53 AM
Kurdish 'Arab Idol' Contestant Promotes Iraqi Kurdistan http://illiweb.com/fa/empty.gif

Today at 6:27 pm







Not Dinar related, but fun ... and shows all is not gloom and doom over there.

Abdel Hamid Zebari for Al-Monitor Iraq Pulse Posted on June 11.

When she stepped into the realm of art and music as a contestant on the Arab talent show Arab Idol, Parwas Hussein did not know that she would become an idol in the eyes of the people of the Iraqi Kurdistan Region and gain widespread popularity.

Hussein, 26, has become a national idol after being accepted to the show, which airs on MBC every Friday and Saturday. Not content with merely voting by SMS, the standard way to keep participants on the show, the Kurdish people sent an official diplomatic delegation to Beirut (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=350801839052&item=350801839052) to support Hussein.

Hussein is the first Kurdish contestant to participate in Arab Idol. She has ably passed many rounds and reached the contest's semifinals. Hussein, however, could not speak Arabic; she auditioned accompanied by a translator. Hussein would write out the lyrics of the songs, translate them into Kurdish to grasp the meaning and then memorize the Arabic lyrics. Despite this, the judges were impressed by her talent and she was admitted to the show.

Arab Idol is the Arab version of Pop Idol, created by Simon Fuller (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=181153940481&item=181153940481) and distributed by the British company FremantleMedia. The first season of Arab Idol began Dec. 9, 2011, and aired throughout the world on MBC1 (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=6000&type=2&ext=271083406163&item=271083406163).

In support of Hussein, The Kurdistan Regional Government (KRG) sent Deputy Prime Minister Imad Ahmad and his wife to Beirut to participate in one of the episodes.

The media described Hussein as an ambassador of Iraqi fraternity.

On Friday [May 31] Ahmad appeared in the audience watching the show and supporting Hussein. He was warmly welcomed by the show's hosts.

Kurdish support, however, did not stop there. A mass campaign was launched on social-media websites — namely, Facebook and Twitter. When Ahlam, an Arab Emirati singer and one of the judges, said during the second episode that Hussein represents Iraq and not the Iraqi Kurdistan Region (which is a part of Iraq), she was fiercely criticized by the Kurdish members of the audience. Subsequently, Ahlam offered her apologies to the Kurdish people, and Hussein was introduced in the show as a Kurdish contestant from the Iraqi Kurdistan Region. In a letter addressed to the Kurdish people, Ahlam apologized for the statement that was seen as offensive. Ahlam said she considered Hussein's participation in the show to be a “message of love and peace.”

The letter, titled “My message to the Kurdish people, Ahlam,” which was posted on Facebook, reads: “In response to the reaction of the Kurdish people following yesterday’s episode, I want to clarify that I did not intend to offend the Kurdish people. [Hussein's] participation communicates a sublime message, one of peace and love. She represents the place she came from. Since she sang in Arabic, we did not hesitate to welcome her talent. She also sang in Kurdish and delighted us.”

Ahlam not only apologized, but in her letter she also announced her desire to perform in Erbil, especially after becoming acquainted with Kurdish music through Hussein. She wrote on her Facebook page, “Soon, I will hold a concert for my Kurdish fans in the Iraqi Kurdistan Region [to express] my respect and love. And there will be a big surprise, as Parwas will perform with me.”

The support continues. The general committee for tourism, affiliated with the Ministry of Municipalities and Tourism in the KRG, sent an official invitation to the show's judges to visit the Kurdistan Region when the current season ends.

Nader Rosti, spokesman for the general committee, told Al-Monitor that what pushes them to receive the judges in Kurdistan is the direct and indirect support they showed in introducing the region as a touristic country that continues to blossom.

He added, “There is no doubt that one of our aims is to introduce tourism in the Iraqi Kurdistan Region to foreign countries by means of different media outlets. This show contributed to introducing Kurdish tourism to the Arab countries (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=350810646909&item=350810646909). They mentioned, more than once, that Kurdistan is a touristic country that continues to blossom. This is very important to us.”

“This show enjoys wide popularity in the Arab world. It was one of the reasons Kurdish tourism, heritage and culture were introduced to a wide spectrum of Arabs, notably the youth, who watch the show. We hold this in high esteem, and that is why we sent a thank-you letter to encourage them further. We also invited them to visit the tourist areas and to further promote tourism in the Kurdistan Region.”

Kurdish writer Fawzi al-Atrushi, who serves as the undersecretary of the Kurdish Ministry of Culture, dedicated an article to Hussein in which he said, “Revenge, retaliation and taking sides against the others will only usher in more grudges and will further widen the gaps that separate people from their fellow humans.”

He continues: “The solution is to integrate and familiarize oneself with the other without, of course, forgetting about identity — the identity of language, culture and the history that has always been a solid Kurdish identity, having withstood extreme duress. Hussein sends a message in which she tells us that we can applaud, vote for her and like her only because she is able to strike awe in us. And that is what happened.”

During Arab Idol episodes, the Kurdish contestant has performed many Kurdish songs and has introduced Kurdish music and heritage to the Arab world (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=360656716243&item=360656716243) while wearing traditional Kurdish attire in some episodes. Hussein captivated the Arab audience when she performed in Kurdish and Arabic in the same song.

It is worth noting that Erbil, the largest city of the Iraqi Kurdistan Region, was named the "2014 Arab Tourism Capital" by the Arab Ministries of Tourism. The KRG is exerting strenuous efforts to introduce the city to the Arab world and attract Arab tourists to visit.

Abdel Hamid Zebari is a contributing writer for Al-Monitor’s Iraq Pulse. A reporter from Erbil who works in print and radio, he has published in local and international media, including Agence France-Press and Radio Free Iraq (Radio Free Europe (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130922120073&item=130922120073)).

Read more: http://www.al-monitor.com/pulse/originals/2013/06/kurdish-contestant-arab-idol.html#ixzz2Vx9ZNVHl

4aprofit
06-12-2013, 03:58 AM
Iraq contracted to buy 22 radar systems from United States

Tuesday, June 11, 2013 11:56

Announced that the U.S. Defense Department Pentagon contract with Iraq for the supply of a number of air radar systems.

According to a ministry statement on Tuesday that "the company North Rob Grumman] electronic sectors of trade, in Maryland, was awarded the maximum amount of [115] million as a contract fixed supply [22] of the radar systems air type [V] 68 - AN / APG to the Republic of Iraq. "

And Northrop Grumman is the Air Industries conglomerate and military arisen from the acquisition of Grumman by Northrop in 1994.

Today, Northrop Grumman] is the third largest defense contractor for equipment for the U.S. Army and the largest builder of marine parts, the company that produced all the American aircraft carriers (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=261219127745&item=261219127745) and a number of nuclear submarines and works in the company throughout the world more than 123,000 people. In 2006 the company's revenues reached $ 30 billion, while net profit amounted to about $ 1.6 billion.

The Iraqi Ministry of Defense announced on May 15 of last complete military air fleet of the Iraqi army.

The new Iraqi ambassador to Washington, Lukman Faily announced on 7 June current that "the first batch of Iraqi pilots who are trained to lead a fighter F-16 will graduate later this month, while stressing that the 36 aircraft سيتسلمها Iraq by end of 2013."

And between the Iraqi ambassador that "the first meal of the aircraft's 36 aircraft will be delivered to Iraq during the month of September next," adding that "there are two transactions of weapons and first meal will be sent to Iraq by the end of this year up to I think the month of September, and also there is a meal of pilots have completed session By the end of this month will be the first graduation ceremony for them. "

The Iraqi government has signed with its U.S. counterpart in 2008 the Convention on the strategy included the withdrawal of its military forces from Iraq in 2011, which has already been under the Convention and enhance the security and military cooperation and developing the capabilities of the Iraqi security forces. Ended.
Older:

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D1769093 (http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D1769093)

4aprofit
06-12-2013, 04:24 AM
Iraqi Kurdistan - Wild Frontiers Adventure Travel

http://www.youtube.com/watch?v=7PutM1JhI3Q

4aprofit
06-12-2013, 06:40 AM
Video: iraq`s beauty and history http://www.youtube.com/watch?v=M6gpPGakNvQ

4aprofit
06-12-2013, 06:53 AM
Iraqi Beauty - Women of Iraq

http://www.youtube.com/watch?NR=1&feature=endscreen&v=sgZt6sCQPuU

4aprofit
06-12-2013, 07:09 AM
Yugoslavian Companies to enter Iraq: 2.5 Million Housing Units Needed


Baghdad (http://translate.google.com/translate?depth=2&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.almashriqnews.com/inp/view.asp%3FID%3D46247) / follow the Orient: The Minister of Housing Mohammed owner Darraji, companies Yugoslav giant has shown its willingness to invest in Iraq in various fields, especially the field of reconstruction. Said Darraji in an exclusive interview with the Agency (news): The large number of companies Yugoslav specialized in the field of reconstruction confirmed they would come to work in Iraq. He added: housing projects in the country need to specialized companies for their implementation, therefore, Iraq is now seriously considering to attract these companies. Was Minister of Construction and Housing Mohammed Darraji announced on the fifth of July 2011 on a body National Housing chaired by the ministry develop mechanisms to resolve the housing problem in Iraq over the next five years. between: that these mechanisms included increased financial allocation to the Ministry of Construction to build housing complexes additional addition to encouraging and facilitating foreign investment for the construction of housing units and to proceed with a project to build condominiums economic and distributed free of charge to poor families should be allocated about the need for Iraq to two million and 500 thousand housing units to solve the housing crisis.end/8/

4aprofit
06-12-2013, 07:18 AM
More than 4 trillion dinars Off fiscal surpluses need to be invested

http://www.alestiqama.com/upload1/22c97ad7-dc5f-4748-8f8a-b00b3b88b5dc.jpg.ashx.jpg
Electronic integrity - Baghdad (http://translate.google.com/translate?depth=2&hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://www.alestiqama.com/news.php%3Fcat%3Dbusiness%26id%3D2409)

Revealed by the Executive Director of the Association of private banks in Iraq, Abdul Aziz Hassoun cash surpluses that were in the five large private banks the end of last year (31/12/2012) up to 3.2 trillion dinars increased to 4.7 trillion dinars in the first half of this year This means that the issue is on the rise, a Miacher imbalance because the money to not use properly, adding that this matter is an indication of a very important as if he could market the use of these funds noting the existence of imbalance must be addressed by the authorities and the authorities concerned What does it mean that there will be banks where of money مايكفي and flooding and Atjd market able to absorb the money that the process would be useful rewarding without the slightest doubt.

Hassoun called for the need to address this imbalance by the parties and the relevant authorities such as the Central Bank of Iraq.He said Hassoun that if it wanted any company implementation of an industrial project or agricultural or tourist, they need a large capital as if the 100 billion dinars, or 200 billion dinars, it certainly can not secure these amounts of capital and have to use banks other pointing out that all economic actors small or large does not dispense with the support and funding and this is the task of the banks and not for the purpose of storage and retention. He reiterated that the money should be used in the implementation of projects and investments, but you need to insurance cover by the Central Bank.

4aprofit
06-12-2013, 04:35 PM
Shahristani: Iraq's oil production will reach 6 million barrels per day next year

13:44 06/12/2013

http://s1.alrayy.com/alrayy/images/84592.jpg
Baghdad - and babysit - Deputy Prime Minister for Energy Affairs Hussein al-Shahristani said Iraq's production of crude oil will arrive / / 6 million barrels per day next year.
Shahristani said that "the oil ministry began during 2007 and 2008, the implementation of a comprehensive plan and spacious by focusing on the development of oil fields., And then the Iraqi government decided to invite international companies to participate in the licensing rounds, various four which resulted in the signing of contracts to develop 12 patch of oil and 3 gas and there is a fifth round end of the year Current. "

"The Iraq this plan has succeeded considered a remarkable success in the development of the fields and increase production, but it must develop plans to extend the pipeline and the construction of new ports to transport oil and gas."

He said that "Iraq has begun serious thought to go toward manufacturing industries to cover the need of the domestic market and export the surplus, and thinking to invest in industries, petrochemical, and has signed the Ministry of Industry and Minerals 10 contracts with international companies to transform Iraq for the International Center for Chemical Industries" ... p / i

alrayy.com

4aprofit
06-12-2013, 05:00 PM
Parliament to participate in Karbala International Book Exhibition Added by Layla Mohammed (http://www.iraqinews.com/author/layla/) on June 12, 2013.
Saved under Featured (http://www.iraqinews.com/features/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/), Karbala (http://www.iraqinews.com/tag/karbala/)

Baghdad (IraqiNews.com) The parliament will participate in Karbala Ninth Exhibition for Books which will be held in June.

The Media Directorate of the Parliament reported in statement received by IraqiNews.com that “The Parliament will participate in Karbala 9th Exhibition for Books which will be held under the auspices of the religious authorities of Imam Hussein and Abbas holy shrines.”

“The books exhibition, which will be held from 11-26 of June, will include a group of researches and publications,” the statement concluded. \END\


Read more: http://www.iraqinews.com/features/parliament-to-participate-in-karbala-international-book-exhibition/#ixzz2W1Qu6KBA
Follow us: @IraqiNews_com on Twitter (http://ec.tynt.com/b/rw?id=aIlWZ2aGCr4ONkacwqm_6l&u=IraqiNews_com) | IraqNews on Facebook (http://ec.tynt.com/b/rf?id=aIlWZ2aGCr4ONkacwqm_6l&u=IraqNews)

4aprofit
06-12-2013, 05:18 PM
MoHR meets delegation of Youth Parliament
Added by Layla Mohammed (http://www.iraqinews.com/author/layla/) on June 12, 2013.
Saved under Featured (http://www.iraqinews.com/features/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/)

Baghdad (IraqiNews.com) The Ministry of Human Rights announced supporting youth activities that spread human rights culture and reject sectarian sedition.

The Ministry of Human Rights reported in statement received by IraqiNews.com that “The Minister of Human Rights, Mohamed Sheea al-Sudani, received a delegation of Youth Parliament, which is chaired by Alaa al-Mandalawi, and they discussed the role of Youth Parliament in the society and the important activities related to human rights in addition to their future plans.”“The delegation presented a special project to the Minister related to holding a festival to renounce all forms of sectarianism and promote the spirit of citizenship,” the statement added, pointing out that “The delegation thanked the Minister for his cooperation and supporting youth institutions.” \END\

4aprofit
06-12-2013, 05:20 PM
Iraq, UN sign MoU to fight corruption

Added by Ahmed Hussein (http://www.iraqinews.com/author/ahmed/) on June 11, 2013.
Saved under Politics (http://www.iraqinews.com/baghdad-politics/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/), Corruption (http://www.iraqinews.com/tag/corruption/), United Nations (http://www.iraqinews.com/tag/united-nations/)

Baghdad (IraqiNews.com) Iraq and the United Nations signed a Memorandum of Understanding to fight corruption.

A statement by the Integrity Commission received by IraqiNews.com cited “The MoU was signed by the Iraqi judge, Alaa Jawad Hameed, the head of the Commission and by the Deputy Representative of the Regional Office of the United Nations in the Middle East and North of Africa.”

“The UN official stated that the MoU aims at increasing the efforts by Iraq to fight corruption and treat its dangerous consequences on the performance of the governmental institutions,” the statement added.

“He also stated that the MoU will help Iraq in completing its procedures to adhere to the International Pact of Fighting Corruption in addition to involving all the political sides and the Non-Governmental Organizations in this issue,” praising “The role of the Integrity Committee in fighting corruption in Iraq and its cooperation with the international organizations to achieve this goal.”

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4aprofit
06-12-2013, 05:33 PM
Iraqs "National Energy Strategy" 2013-2030: A move to put Iraq in a leadership position in the markets of regional and global power

Published 12/06/2013 07:54 AM

http://www.altahreernews.com/inp/Upload/1225644_Basra_Oil.jpg
BAGHDAD - "arenas of Liberation"
Fired the advisers of the Council of Ministers today the first national strategy for power in Iraq for the period from 2013 until 2030.

Like Prime Minister Nuri al-Maliki in the strategic launch ceremony, Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, in the presence of a number of ministers, deputies and members of the diplomatic corps accredited in Iraq.

The President of the advisers Thamer Ghadban in his concert About the features of the national energy strategy and objective of the launch service for the development of infrastructure and investment
A statement of the advisers in the Presidency of the Council of Ministers, the President of the Commission Thamer Abbas Ghadban said yesterday that "the strategic launching ceremony will be held under the auspices of Prime Minister Nuri al-Maliki, the presence of a number of representatives of the ministries and government institutions involved along with a number of representatives of international organizations chock."

He said the statement angered that "the strategic is the first nationally dealing with energy in Iraq, and extend to 17 years. Adopted a calendar comprehensive sources of energy available, being launched from a futuristic vision of energy and its impact overall social and economic situation and environmental."

He described this strategy as "a move to put the country in a leadership position in the markets of regional and global power." Noting that it included the preparation of plans for the advancement of the manufacturing sector, refineries, oil and gas, electricity and water resources, as well as institutional reform, taking into account the preservation of the environment in the implementation of energy projects. "

altahreernews.com

4aprofit
06-13-2013, 04:39 AM
Northrop Grumman Wins $115m Contract (http://www.iraq-businessnews.com/2013/06/12/northrop-grumman-wins-115m-contract/)Posted on 12 June 2013. Tags: 'Your Country' - United States (http://www.iraq-businessnews.com/tag/united-states/), F-16 (http://www.iraq-businessnews.com/tag/f-16/), Northrop Grumman (http://www.iraq-businessnews.com/tag/northrop-grumman/)

http://www.iraq-businessnews.com/wp-content/themes/IBN-Theme/thumb.php?src=http://www.iraq-businessnews.com/wp-content/uploads/2013/06/Northrop-Grumman-ANAPG-68-V9-radar-system.gif&w=250&h=180&zc=1&q=90 (http://www.iraq-businessnews.com/wp-content/uploads/2013/06/Northrop-Grumman-ANAPG-68-V9-radar-system.gif)By John Lee.
Northrop Grumman has reportedly won contracts worth $115 million to provide AN/APG-68 (V)9 radar systems (pictured) for Iraq and the Royal Thai Air Force.
Twenty-two of the 38 systems, an upgrade targeting system for F-16 fighter jets, are destined for Iraq.
Capital Gazette reports that the contract was awarded by the Air Force Life Cycle Management Center, and that the company will receive a $51 million payment immediately.
The work is expected to be completed by 20th December 2017.
(Source: Capital Gazette)
http://www.iraq-businessnews.com/2013/06/12/northrop-grumman-wins-115m-contract/

4aprofit
06-13-2013, 04:42 AM
BIOGH Masterplan Receives Planning Approval (http://www.iraq-businessnews.com/2013/06/12/biogh-masterplan-receives-planning-approval/)Posted on 12 June 2013. Tags: Basra (http://www.iraq-businessnews.com/tag/basra/), Basra International Oil and Gas Hub (BIOGH) (http://www.iraq-businessnews.com/tag/basra-international-oil-and-gas-hub-biogh/), BIOGH Oil & Gas Free Zone (http://www.iraq-businessnews.com/tag/biogh-oil-gas-free-zone/), free zone (http://www.iraq-businessnews.com/tag/free-zone/), Khor Al-Zubair (http://www.iraq-businessnews.com/tag/khor-al-zubair/)

http://www.iraq-businessnews.com/wp-content/themes/IBN-Theme/thumb.php?src=http://www.iraq-businessnews.com/wp-content/uploads/2013/06/Basra-International-Oil-and-Gas-Free-Zone-BIOGH.jpg&w=250&h=180&zc=1&q=90 (http://www.iraq-businessnews.com/wp-content/uploads/2013/06/Basra-International-Oil-and-Gas-Free-Zone-BIOGH.jpg)BIOGH has announced that the Masterplan for the Basra International Oil and Gas Free Zone has been formally approved by the Consulting Bureau of the College of Engineering at the University of Basra, and by the Iraq General Commission for Free Zones.
This planning approvals milestone represents an ongoing successful collaboration, notably with the efforts of Dr. Sabah Al-Qaisi, Director General of the Iraq General Commission of Free Zones, and his dedicated teams in Basra and Baghdad, the team at Basra University, and the BIOGH management team.
Together, this Public Private Partnership has taken a proactive, creative, and diligent path in creating, building and nurturing a new model for positive change and growth for the future of Iraq.
The creation of the BIOGH Oil and Gas Free Zone is one of the most significant investment contracts entered into by the Iraqi Free Zones Commission, strategically placed in Southern Iraq. BIOGH will be the largest oil and gas free zone in Iraq, and it will greatly increase the Free Zone’s contribution to the economy of Iraq by attracting significant foreign direct investment, technology transfer, educational opportunities, careers training and job creation over 50 years.
The training of Iraqi nationals and provision of sustainable jobs has been a driving point for BIOGH / FZ partnership as key to a successful and sustainable future for Iraq. The partnership will employ a projected 10,000 Iraqi nationals over an initial period of 12 years and this number is projected to grow as BIOGH expands. The BIOGH Free Zone will also offer training and education in core disciplines that support the growth of industry in the region.
BIOGH has made significant progress in recent months with major pre-construction, topographical, geotechnical, and UXO surveys already implemented. Pricing for the first phase of work has been finalized by the BIOGH Project Management Team.
BIOGH’s development managers EPGI are working closely with tenants on the temporary utilities and camp resources. Temporary utilities for near term delivery requirements will be used until the permanent on-site utilities are completed, in line with the Masterplan and tailored to tenants’ specific requirements.
BIOGH’s Customs and Immigration clearance facilities and fast-track approvals under agreement will be released alongside each phase as it is delivered for tenant take-up. Other permanent facilities which are in the planning and implementation phases include the infrastructure and logistics to support the transfer of goods in and out of the BIOGH Free Zone, state-of-the-art IT and security, emergency fire and medical services, banking services, hotels, business centre, mixed use commercial components, and education and training centre. There will also be a range of residential accommodations, including multi-family, serviced apartments, health and fitness centre, food service, and sports facilities.
(Source: BIOGH)

http://www.iraq-businessnews.com/2013/06/12/biogh-masterplan-receives-planning-approval/

4aprofit
06-13-2013, 04:47 AM
12 June 2013 - 14H15

Iraq to get $6 trillion from energy in new strategy

AFP - Iraq on Wednesday unveiled an ambitious energy strategy that aims to see it raise $6 trillion from oil and gas sales by 2030 and massively increase local power generation, a major domestic complaint.

The plan, dubbed the Integrated National Energy Strategy, would see Iraq invest some $620 billion in the sector over nearly two decades, in a bid to substantially increase living standards and employment levels in a country badly hit by decades of conflict and sanctions.

"The strategic goals of the plan are to meet local energy needs, maximise government revenues, encourage economic diversification and improve the standard of living and create jobs," said Thamir Ghadhban, a former oil minister and the head of Prime Minister Nuri al-Maliki's advisory committee.

In all, Iraq aims to increase oil production to 4.5 million barrels per day by 2014, and about double that by 2020 in its "medium" scenario, with all domestic energy requirements met by 2022.

The country projects it will raise about $6 trillion in revenues by 2030, about 85 percent of which will come from oil exports.

It also aims to diversify its oil-dependent economy and add 10 million new jobs, with planners arguing that by 2020, non-energy sectors of the economy will grow faster than oil and gas.

Iraq has sought in recent years to dramatically increase its oil production in order to fund reconstruction of its battered economy and dilapidated infrastructure.

But while output has increased, unemployment remains high and Iraqis frequently complain about a lack of improvement in daily living standards.

Tempers run particularly high during the country's boiling summer, when most residents receive only a few hours of government-supplied power per day.

http://www.france24.com/en/20130612-iraq-get-6-trillion-energy-new-strategy

4aprofit
06-13-2013, 04:48 AM
Khuzayi calls international corporations to work in Iraq Added by Ahmed Hussein (http://www.iraqinews.com/author/ahmed/) on June 13, 2013.
Saved under Politics (http://www.iraqinews.com/baghdad-politics/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/)

http://www.iraqinews.com/wp-content/uploads/img_from_extracter/khuzayi-calls-international-corporations-to-work-in-iraq.jpg

Baghdad (IraqiNews.com) The Vice-President, Khudair al-Khuzayi, at the margin of the International Economic Forum of the Americas, called the international corporations to work in Iraq and to make use of the investment opportunities in the country.A statement by his office received by IraqiNews.com “Khuzayi explained in details the situation of the Iraqi economy and the hopes of the Iraqi government to develop the infrastructure.”
“Khuzayi confirmed that Iraq is heading in the right direction to achieve the constant progress at the local level that will be reflected positively on the regional economy,” the statement concluded.


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4aprofit
06-13-2013, 05:02 AM
8th Investment Exhibition launched in Karbala

Added by Layla Mohammed (http://www.iraqinews.com/author/layla/) on June 12, 2013.
Saved under Featured (http://www.iraqinews.com/features/)
Tags: Karbala (http://www.iraqinews.com/tag/karbala/)

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Karbala (IraqiNews.com (http://iraqinews.com/)) The events of Karbala Investment Eight Exhibition were launched in Karbala province in coincidence with Spring Global Festival with the participation of several Arab and foreign countries.The Head of Karbala Investment Commission, Ahmed al-Maliki, stated to IraqiNews.com (http://iraqinews.com/) ”The exhibition witnessed the participation of many countries and focused on housing, construction materials, industry and cars.”Karbala province witnessed launching the events of the Ninth Spring Global Festival with the participation of (40) Arab and foreign countries. \END\

Read more: (http://www.iraqinews.com/features/th-investment-exhibition-launched-in-karbala/#ixzz2W2s72QLS)http://www.iraqinews.com/features/th-investment-exhibition-launched-in-karbala/#ixzz2W2s72QLS
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4aprofit
06-13-2013, 05:09 AM
Iraqi Ambassador to Vatican participates in meeting in Papal palace Added by Ahmed Hussein (http://www.iraqinews.com/author/ahmed/) on June 12, 2013.
Saved under Politics (http://www.iraqinews.com/baghdad-politics/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/)


Baghdad (IraqiNews.com) The Iraqi Ambassador to Vatican, Habeeb al-Sadr, participated in a meeting organized by the Secretariat of the Vatican in the Papal palace. A statement by the Foreign Ministry received by IraqiNews.com cited “The meeting started with the speech of the Secretary General of the Vatican Cardinal, Bertony, where the Italian key officials attended the meeting.” “The meeting aims at spreading the concepts of the human rights and the peaceful living,” the statement concluded.

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4aprofit
06-14-2013, 03:17 AM
Advanced international standards & technology needed due to growth and developments with Iraqi banks

13/06/2013 12:00 AM

http://www.alsabaah.iq/uploads/Image/site%20picture/2013/jon/2844/21-2844.jpg
Baghdad morning
pointed out a number of specialists affairs banking to the importance of orientation towards banking systems and international work on the transfer of advanced technology and safe adopted by international banks to create a banking sector commensurate with the size of the local labor in the country has a budget financial mounting exceed 138 trillion dinars.
executive director of the Association of private banks in Iraq Abdul Aziz Hassoun said: that the country is in dire need a banking system sophisticated and secure in the possession of the budget annual financial this magnitude and increase continuously as well as if you look at the size of the future work in Iraq and the need for large investment projects need to finance huge, and this requires systems secure and sophisticated suit and the size of future work.
said in an interview (morning): What posed Company Maekerosvet in collaboration with the Central Bank of the original copies Systems advanced banking is a golden opportunity can be utilized to support our sector banking sector and bringing it to the world in the products offered by the various economic sectors, as well as to serve the economy of the Iraqi family. pointed to the necessity of adopting Systems Genuine does not allow leakage of information and can fit our sector bank, who heads the adoption of Systems Banking Court is permeable, because the work relation dragged him large sums into the economy tends to activate all his joints.
continued Hassoun that the adoption of advanced technology enhances the confidence of foreign capital banking sector local, where you'll find all foreign companies wishing to work in Iraq, considering the reality of the mechanics of the banking sector and offer products before entering the field of local labor, which requires officials at the management and follow-up of this sector need to keep pace with developments in the sector Global money which could be utilized and transferred to within the country and employ them to serve the local economy. either academic specialist in the banking sector d. Sadiq Rashid pointed out the importance of activating the banking sector in general, as it requires it need to promote the management of banks through their participation in training courses inside and outside the country, especially as the international companies have expressed readiness to provide the local banking sector systems, banking on a high degree of modernity and best adopted by international banks . He pointed out that the country is cut off from the world for a long time seen through the banking sector global developments and many in the form of successive stages, which requires redoubled efforts by those on the banking sector to reduce the gap between our sector bank and the world.
Moreover stressed expert banking systems Amin pigment need to develop the scientific level and informational cadres banking, including contributing to the provision of modern banking and safe to operate facilitate their banking daily.
said that Microsoft has provided programs and applications in the recent conference in collaboration with the Central Bank and the Bankers Association to help build and develop the work of banking institutions in addition to the technical acquired by banks through the use of programs that are proper and safe and licensed to reduce the problems that disrupt the work of the banks due to the use of pirated software.
increased, saying that technological development has become one of the major factors for growth in the banking sector therefore have to focus on advanced technology and how the evolution of the banking systems in the country. It also prefers to build companies with global banking institutions to provide them with all the investments and services that elevate banking business, based on the standards of the international electronic service.

alsabaah.iq

4aprofit
06-14-2013, 03:38 AM
Internationally-Recognized Medical Facility a First for Kurdistan

by Armando Cordoba 6 hours ago

Located on Erbil’s 60 Meter Street, the Medya Diagnostic Center is the first of its kind in Iraq, and its labs fully meet international standards, says Raman Pollus, the center’s medical director.

ERBIL, Kurdistan Region – Since the state-of-the-art Medya Diagnostic Center in Erbil opened for business, patients in the Kurdistan Region or other parts of Iraq no longer have to travel abroad for expensive tests that were not possible before, its directors say.

“I personally know people who, before we opened this center, had to travel to Turkey or Jordan twice a year” for tests, says Sherko Qashani, Medya’s business development manager. “Now bear in mind, you had to pay travel costs and hotel costs -- for a test that costs $20 or $30,” he explains.

Located on Erbil’s 60 Meter Street, the Medya Diagnostic Center is the first of its kind in Iraq, and its labs fully meet international standards, says Raman Pollus, the center’s medical director.

After more than two years in the making, the diagnostic center received official accreditation in February from the College of American Pathologists, which certifies medical labs that meet a rigorous professional checklist to guarantee top-notch patient care.

Officials at Medya say they can do more than 100 different medical tests, offering them to Kurds and Iraqis who previously were often forced to travel abroad.

In order to meet the headquarters’ strict requirements and assure delivery of the best services, the center had to spend more than US$1.5 million, its founders say.

“We sent staff for training, hired international consultants to supervise the process and we began spending on all the requirements,” says Qashani. “They gave us a checklist with several hundred items -- from the structure, from the kind of equipment, to the staff training, to the chemicals used, to the processes and the procedures.”

Iraq once had one of the Arab world’s best healthcare systems, but it all deteriorated following the invasion of Kuwait by Iraqi forces in 1990 and the subsequent embargo on the country by the UN Security Council.

Kurdish officials admit that the Kurdistan Region’s health sector has its flaws, and for that reason they often seek the assistance of outside experts.

The region’s Health Minister Rekawt Rashid recently signed an agreement with Jordanian health officials to provide expertise to Kurdish health workers.

Qashani says the center has to spend hundreds of thousands of dollars, and be constantly vigilant, to assure the lab maintains required standards.

“We have to bring chemicals from places like Germany, because the chemicals here aren’t sufficient enough and it all costs money,” he says, explaining just one of the problems.

The Kurdistan Region has a universal healthcare system, but in 2012 the Kurdish government allocated only 4.8 percent of its annual budget on health, which the health minister admitted was not enough.

“This is very low,” Rashid told Niqash news website last year. “Most countries allocate more than nine percent to the health sector.”

Government officials in Erbil say that by cutting the region’s annual budget, Baghdad causes further strain on public services, including healthcare.

For its part, Kurdistan’s Investment Board has stepped in to encourage private investment in the health sector.

“There has been a lack of investment in this sector,” says Kamaran Mufti, head of the Investment Board. “Thus far $195 million has been invested in around 17 projects in the region.”

The idea of private hospitals is still new to many in the Kurdistan Region, and according to Pollus, the fear the high costs has been a deterrent to many people.

“In the beginning people came here and saw the large building and would say, ‘this building is only for VIP’s,’ and we lost money in the beginning,” he told Rudaw. “But this is open for all people and we offer certain tests for as low as 5,000 Iraqi Dinars [US$3].”

http://rudaw.net/english/kurdistan/13062013

4aprofit
06-14-2013, 04:06 AM
Iraq's 40,000 fighters of the "Knights of the Tigris" attacked strongholds of al-Qaeda (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=330938531763&item=330938531763) in Diyala and killed 3 leaders http://illiweb.com/fa/empty.gif

Today at 5:43 pm







12th June

Process have so far killed three leaders of the so-called al-Qaeda (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=330938531763&item=330938531763) and arrested 14 others during armed clashes in the Hamrin
Security forces launched the Iraqi military operation to hunt down al-Qaeda in different parts of the province of Diyala (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=310671835511&item=310671835511), northeast of Baghdad, dubbed "Charge of the Knights of the Tigris" with the participation of 40 thousand fighters against al-Qaeda, according to security sources said an Iraqi, where the process began Monday and is still ongoing until now.

Said Lt. Gen. Abdul Amir Mohammad Reza Zaidi, the commander of the Tigris, said that "extensive process launched after midnight yesterday (Monday) in different areas in Diyala (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=310671835511&item=310671835511) province, in order to inspect and raid areas believed to be strongholds of al-Qaeda."

He added that "the process so far resulted in the deaths of three leaders of the so-called al-Qaeda and arrested 14 others during armed clashes in the Hamrin area" located in the north-eastern province of Diyala (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=310671835511&item=310671835511).

Zaidi confirmed that the process is carried out in different areas, including Muqdadiyah and Abu Saida and others, and is still continuing.

He said an officer with the rank of colonel in the army "post forty thousand fighters in the process that aims to pursue al-Qaeda in Diyala (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=310671835511&item=310671835511) province."

He added that "the forces of the army and the police involved in the implementation process in different parts of north-eastern province of Diyala, including Muqdadiyah, Jalawla and Hamrin."

Involved helicopters to support troops deployed to inspect these areas, according to the sources.

Prior to starting the process a few hours to do by unidentified gunmen erect an imaginary barrier and the kidnapping and killing of five truck drivers on the main road in the Hamrin area northeast of Baquba.

In turn, said an officer with the rank of colonel in command of the police in Diyala (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=310671835511&item=310671835511) province, starting the process.

The Diyala province, the largest city of Baquba (60 km) northeast of Baghdad, tense areas experiencing almost daily violence.

The Diyala, where the killing of al-Qaeda (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=330938531763&item=330938531763) leader in Iraq, Abu Musab al-Zarqawi in June 2006, of the main strongholds of al-Qaeda during the past years.

On the other hand, found the strength of the Iraqi army, Tuesday, on a camp belonging to the al-Qaeda (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=330938531763&item=330938531763) north of Baghdad.

A spokesman for the Interior Ministry and the Baghdad Operations Command Brigadier General Saad Maan "found the strength of the 22 Brigade of the Army's Sixth Division, in the light of accurate intelligence information, on a camp belonging to the al-Qaeda terrorist in the village of Alhorh spend Tarmiya, north of Baghdad (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=baghdad&mt=~~~~~~~~n~~~)."

"The annexation of the camp improvised explosive devices and the launcher and machine guns PKC number two, and 6 missiles against tanks, 10 Cleogramat of a substance TNT, and tablets (http://www.bizrate.com/tablets/index__af_assettype_id--4__af_creative_id--3__af_id--[AFF-ID]__af_placement_id--[AFF-PLACEMENT-ID].html) Player and a color printer, as well as black clothes similar to those worn by Pakistanis and Afghans."

"The force also seized for the same squad car carrying bomb in the juvenile the العبايجي area of ​​Abu Ghraib, has been neutralized."

http://www.voiraq.com/news/117/ARTICLE/4619/2013-06-12.html

4aprofit
06-14-2013, 04:27 AM
Iraq joins the membership of an Islamic institution for investment insurance


June 13, 2013 03: 04 pm

Iraq's accession to the organizations and financial and economic blocs are important for the economy of the country, and in that regard stressed the economic importance of subsidiaries in regard Iraq's accession to the financial institutions and banking organizations and regional Arabic its impact on economic relations between the Member States, at the same time, advisers to the importance of studying the subject of accession and relevant sectors to develop and update their capacity and keep pace with global progress.

The CBI had earlier announced the Government's approval on Iraq's accession to membership of the Islamic Corporation for insurance of investment and export credit, returned the resolution will contribute to increased Iraqi exports and inflow of foreign investment.

In a statement, said that the Government had approved the accession to membership of the Islamic Corporation for insurance of investment and export credit (Enterprise) ", noting that" the institution agreed to accept Iraq.

He added that the decision would contribute to increased Iraqi exports and inflow of foreign investment, as well as investment protection in the Member States of the organization.

In contrast the economic earthquake, said Mona: the subject of accession for any gathering or an Arab financial and banking conglomerate, regional must start with ready for evolution includes a series of reforms to work contexts that may hinder investment, notably reform of the banking system.

In a statement to (morning): that any accession must be studied carefully because the study would develop the capabilities of the economic sectors, notably banks.

An earthquake stressed that economic sectors must evolve because they represent real investment portal and early access to the Iraqi market, bring should be seriously and desire exist.

She expressed the hope that this will not be a formal Protocol and hookups for it in this case don't benefit the Iraqi economy on something while implementation of preparations for accession would increase the efficiency of the country's economy through the exchange of experiences and consolidate the economic and trade relations between Iraq and the rest of the States located in these clusters or groups.

Economic expert confirmed that Iraq's accession smeisim peace for regional economic and financial organizations would support the financial and banking sector.

The (morning) that Iraq needed to keep pace with international developments in banking and money transmission speed between the countries of the world, through agreements with Arab economic organizations.

The world viewed Iraq as a promising investment market it needs to develop the banking sector to facilitate the transfer of funds to and from the country and the Islamic Corporation for insurance of investment and export credit was established in August 1994 and comprises 39 Muslim country except Iraq, aiming to expand trade and encourage the flow of investments between the Member States in accordance with the Islamic Shariah.


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4aprofit
06-14-2013, 04:33 AM
Zebari discusses with UK, US ambassadors ending Iraq''s Chapter VII

http://www.kuna.net.kw/NewsPictures/2013/6/13/fa568b3d-1957-42eb-ba63-f87a3a953ac6_othermain.jpg


BAGHDAD (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=baghdad&mt=~~~~~~~~n~~~), June 13 (KUNA) -- In a diplomatic push to speed up Iraq's getting out of UN Chapter VII, Iraqi Foreign Minister Hoshayar Zebari held talks here Thursday with US Ambassador in Baghdad (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=baghdad&mt=~~~~~~~~n~~~) Robert Stephen Beecroft and UK Ambassador Simon Collis.

The Minister Zebari mulled with the ambassadors "the ongoing discussions at the UN Security Council to pass a resolution announcing Iraq's fulfillment of its commitments towards Kuwait as a prelude to removing Iraq from Chapter VII," the Iraqi Ministry of Foreign Affairs said in a press statement.

The statement added that the Iraqi Government and Ministry of Foreign Affairs will expand their diplomatic push and talks to include all permanent and non-permanent members of the UN Security Council to support the Iraqi efforts to get out of Chapter VII.

The talks are held after the historic announcement by Iraq and Kuwait on Wednesday about reaching agreements to move the still pending files from Chapter VII of the UN Charter to Chapter VI.

It also came a few days before the UN Secretary General Ban Ki-moon presents to the UN his report on Iraq's fulfillment of its obligations toward Kuwait as per UN resolutions as well as the UN Security Council review of the report late June.

Late Wednesday, Permanent Delegate of Kuwait at the UN, Ambassador Mansour Ayyadh Al-Otaibi, and his Iraqi counterpart Mohammad Ali Al-Hakim handed the UN Secretary General Ban a signed memorandum of understanding concerning the establishment of a joint committee for tackling the border issues.

Following the unprecedented joint meeting, Ban expressed satisfaction at "growing momentum" for full normalization of the Kuwaiti-Iraqi ties that were recently crowned by the visit of His Highness the Kuwaiti Premier Sheikh Jaber Mubarak Al-Jaber Al-Sabah to Baghdad (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=baghdad&mt=~~~~~~~~n~~~) and the signing of some pacts.

Ban had telephoned the Amir of Kuwait, His Highness Sheikh Sabah Al-Jaber Al-Sabah, and the Iraqi Prime Minister, Nouri Al-Maliki, to express hissatisfaction at the improvement of the bilateral ties. (end)

http://www.kuna.net....657&language=en (http://www.kuna.net.kw/ArticleDetails.aspx?id=2316657&language=en)

4aprofit
06-14-2013, 04:36 AM
Otaibi: UN Security Council to approve law of relieving Iraq from 7th Chapter June 27

Added by Ahmed Hussein (http://www.iraqinews.com/author/ahmed/) on June 13, 2013.
Saved under Politics (http://www.iraqinews.com/baghdad-politics/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/), Kuwait (http://www.iraqinews.com/tag/kuwait/), Nouri al Maliki (http://www.iraqinews.com/tag/nouri-al-maliki/)

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Baghdad (IraqiNews.com) The UN Secretary-General Ban Ki-moon expressed satisfaction at “growing momentum” for full normalization of the Kuwaiti-Iraqi ties that was recently crowned by the visit of the Kuwaiti Premier Sheikh Jaber Mubarak Al-Jaber Al-Sabah to Baghdad and the signing of some pacts.
A statement by the Kuwaiti News Agency (KUNA) quoted Ban as saying “What’s been done in the past weeks is an accomplishment,” after his meeting with both Permanent Delegate of Kuwait at the UN, Ambassador Mansour Ayyad Al-Otaibi, and his Iraqi counterpart Mohammad Ali Al-Hakim, yesterday, where they handed over a signed memorandum of understanding concerning the establishment of a joint committee for tackling the border issues.
Prior to the meeting with the two envoys, Ban had telephoned the Amir of Kuwait, Sheikh Sabah Al-Jaber Al-Sabah, and the Iraqi Prime Minister, Nouri Al-Maliki, to express his satisfaction at the improvement of the bilateral ties.
Al-Otaibi quoted Ban as saying that “this was the first time he held a joint meeting with the Kuwaiti and Iraqi sides.” Ban continued, “Things are going onto the right direction. Disputes over the implementation of the Chapter VII obligations have drained the efforts of the UN Security Council; nonetheless, things are greatly improving,” giving credit to the wise leadership of both countries.
The UN will ensure that all pending issues between the two countries will come to a closure, Ban affirmed.
Al-Otaibi thanked the UN chief for all exerted efforts through his recurrent visits to both countries to ensure leaving a “positive footprint in bilateral ties.” He noted that the Kuwaiti delegation in New York is in contact with members of the UN Security Council over a draft law that will be approved June 27.
The draft law will end the tenure of the High-Level Coordinator for Iraq/Kuwait missing persons and property, Gennady Tarasov.
The issue of the missing persons and property will be assigned to UN Assistance Mission for Iraq (UNAMI) and it will be included in Chapter V not VIII on the UN Charter.
On his part, the Iraqi envoy Al-Hakim said the Kuwaiti premier’s visit “marks history” and Iraq will be faithful to all international commitments towards the state of Kuwait even if the Iraqi government changes.
“We are looking forward to a tremendous cooperation with Kuwait that included exchange of visits and investments,” he noted.

Read more: (http://www.iraqinews.com/baghdad-politics/otaibi-un-security-council-to-approve-law-of-relieving-iraq-from-th-chapter-june/#ixzz2W7agAIwc)http://www.iraqinews.com/baghdad-politics/otaibi-un-security-council-to-approve-law-of-relieving-iraq-from-th-chapter-june/#ixzz2W7agAIwc
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4aprofit
06-14-2013, 04:38 AM
Japan to invest in Oil sector in Iraq

Added by Ibrahim Khalil (http://www.iraqinews.com/author/ibrahim/) on June 13, 2013.
Saved under Business (http://api.viglink.com/api/click?format=go&key=0d80ae9fe71cec9484f682bd59232f9e&loc=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8134-japan-to-invest-in-oil-sector-in-iraq%2318305&v=1&libId=23c45cec-89a1-47b8-a6c2-2e85b24c14d8&out=http%3A%2F%2Fwww.iraqinews.com%2Fbusiness-iraqi-dinar%2F&ref=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8126-otaibi-un-security-council-to-approve-law-of-relieving-iraq-from-7th-chapter-june-27&title=Japan%20to%20invest%20in%20Oil%20sector%20in %20Iraq%2318305&txt=%3Cfont%20color%3D%22%23d41717%22%3EBusiness%3 C%2Ffont%3E&jsonp=vglnk_jsonp_13711846768318)
Tags: Basra (http://www.iraqinews.com/tag/basra/), Gas (http://www.iraqinews.com/tag/gas/), Oil (http://www.iraqinews.com/tag/oil/)

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(IraqiNews.com (http://iraqinews.com/)) A Japanese newspaper assured that Tokyo offered to loan Iraq USD (2,24) million to establish a marina and an Oil refinery.According to the Japanese newspaper, Nikkei, ”Japan will offer a loan of USD (861) million at first to build a refinery to extract liquids out of natural gas in the Rumaila oilfield in Basra province.””The loan will be followed by another one of USD (408) million to rebuild Khur al-Zubair port in Basra province, ” pointing out that “The repayment duration of the two loans will be throughout (40) years,” the newspaper added. \END\

Read more: (http://www.iraqinews.com/business-iraqi-dinar/japan-to-invest-in-oil-sector-in-iraq/#ixzz2W81h539I)http://www.iraqinews.com/business-iraqi-dinar/japan-to-invest-in-oil-sector-in-iraq/#ixzz2W81h539I
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4aprofit
06-14-2013, 04:41 AM
UN chief praises "growing momentum" in Kuwaiti-Iraqi ties






13/06/2013 | 10:43 AM
|
Kuwait News (http://www.kuna.net.kw/GeoCategories.aspx?id=201&language=en)












http://www.kuna.net.kw/NewsPictures/2013/6/13/3d245231-8528-4ef2-b4c5-81e213787a98_othermain.jpg


UN Secretary-General Ban Ki-moon with Delegate of Kuwait at the UN, Ambassador Mansour Ayyad Al-Otaibi, and his Iraqi counterpart Mohammad Ali Al-Hakim







UNITED NATIONS, June 13 (KUNA) -- UN Secretary-General Ban Ki-moon expressed satisfaction at "growing momentum" for full normalization of the Kuwaiti-Iraqi ties that was recently crowned by the visit of His Highness the Kuwaiti Premier Sheikh Jaber Mubarak Al-Jaber Al-Sabah to Baghdad and the signing of some pacts.

"What's been done in the past weeks is an accomplishment," Ban said after meeting with both Permanent Delegate of Kuwait at the UN, Ambassador Mansour Ayyad Al-Otaibi, and his Iraqi counterpart Mohammad Ali Al-Hakim, yesterday, where they handed over a signed memorandum of understanding concerning the establishment of a joint committee for tackling the border issues.

Prior to the meeting with the two envoys, Ban had telephoned the Amir of Kuwait, His Highness Sheikh Sabah Al-Jaber Al-Sabah, and the Iraqi Prime Minister, Nouri Al-Maliki, to express his satisfaction at the improvement of the bilateral ties.

Al-Otaibi quoted Ban as saying that "this was the first time he held a joint meeting with the Kuwaiti and Iraqi sides." Ban continued, "Things are going onto the right direction.

Disputes over the implementation of the Chapter VII obligations have drained the efforts of the UN Security Council; nonetheless, things are greatly improving," giving credit to the wise leadership of both countries.

The UN will ensure that all pending issues between the two countries will come to a closure, Ban affirmed.

Al-Otaibi thanked the UN chief for all exerted efforts through his recurrent visits to both countries to ensure leaving a "positive footprint in bilateral ties."

He noted that the Kuwaiti delegation in New York is in contact with members of the UN Security Council over a draft law that will be approved June 27.

The draft law will end the tenure of the High-Level Coordinator for Iraq/Kuwait missing persons and property, Gennady Tarasov.

The issue of the missing persons and property will be assigned to UN Assistance Mission for Iraq (UNAMI) and it will be included in Chapter V not VIII on the UN Charter.

On his part, the Iraqi envoy Al-Hakim said the Kuwaiti premier's visit "marks history" and Iraq will be faithful to all international commitments towards the state of Kuwait even if the Iraqi government changes.

"We are looking forward to a tremendous cooperation with Kuwait that included exchange of visits and investments," he noted. (end) sj.nfm KUNA 131043 Jun 13NNNN

http://www.kuna.net.kw/ArticleDetails.aspx?id=2316588&language=en

4aprofit
06-14-2013, 04:44 AM
UN Rep from Kuwait: Lifting Iraq from CH VII will pass without hinderance on June 27

Thursday, 13 June 2013 14: 09

The Permanent Representative of Kuwait to the United Nations, Mansour Ayyad Al-Otaibi said a draft resolution to lift Iraq from Chapter VII Security Council meeting at the end of the current month will pass without hindrance. “

The Agency quoted the Kuwaiti official Kuna news about Al-Otaibi said “The Kuwaiti delegation in New York with UN Security Council members on a draft resolution presented today is expected to be adopted in the 27 of this month without hindrance. “

“The project will terminate the mandate of the high-level Coordinator in Kuwait [Gennady Tarasov] who was in charge until the end of December 2012 for Kuwaits missing property but keep matters under the umbrella of the United Nations by Aleph to the United Nations Assistance Mission for Iraq [us] with the Kuwaiti demands under Chapter VI and VII of the Charter”.

And Al-Otaibi said “those issues relate to matters purely humanitarian and not threaten international peace and security at all so there is no justification for placing them under Chapter VII which deals exclusively with the maintenance of international peace and security and to take measures and economic sanctions and authorize military action and this is unlikely to happen with Iraq.”

He noted that “the relations between the two countries now have evolved and we count on the cooperation of Iraq in the humanitarian file acceleration because without the cooperation of Iraq there will be no progress.”

The Kuwaiti official said that “the message sent by the Deputy Prime Minister and Foreign Minister Sabah Khaled Al-Hamad Al-Sabah at the end of last may, the United Nations Secretary-General and the President of the Security Council that included Kuwaiti demands to maintain the specificity and sensitivity of the autonomy of the two files,” stressing that “the draft resolution will reflect this.

“The Kuwaiti demands include the appointment of a special administrator in UNAMI to continue these files should not mandate the mandate of UNAMI and related reports should be on separate files periodic reports llionami.

Al-Otaibi said that “the United Nations Secretary General Ban Ki-moon had two connections with the leadership of Kuwait and Iraq Tuesday night expressed his happiness and congratulations on the best developments in relations between the two countries.”

He noted that “the meeting today with the Secretary-General of the United Nations with Iraqi Ambassador Mohammed Ali Hakim is the first time the Secretary General met with a delegation of Iraqi-Kuwaiti joint and Ki was very happy to meet”.

Representative of Kuwait described the United Nations what happened in the past weeks in the relations between the two countries “with the latest visit of Prime Minister Jaber Mubarak Al-Hamad Al-Sabah to Iraq on Wednesday signed four agreements and two memoranda of understanding.

Al-Otaibi said the “differences that were on the level of implementation of Security Council resolutions and commitment that have not exhausted the United Nations much time and effort but things” going in the right direction and relations between the two countries has improved significantly and this is due precisely to the wisdom of the leadership in the two countries. “

“The Secretary General stressed the keenness of the United Nations to do everything possible to end the remaining files and praised Kuwait for their responsiveness and flexibility in resolving bilateral issues also praised Iraq’s cooperation in the implementation of the remaining commitments, in particular the border.”

Al-Otaibi said he thanked the Secretary General for his contribution to and role in tackling a number of matters and that his frequent visits to Kuwait and Iraq in recent months have had a positive impact on achieving progress. “

A Kuwaiti delegation headed by Prime Minister Sheikh Jaber Al-Mubarak Al-Hamad Al-Sabah has visited Iraq on Wednesday at the head of a high-level delegation and signed several agreements and memorandums of understanding during the talks announced Iraqi and Kuwaiti officials that the turmoil of a battle or fight requested United Nations meet their Ki and informed agreement of the two countries and that Iraq has implemented all the obligations imposed on it under Chapter VII as the resolutions of the Security Council and to request the Secretary-General of the United Nations communicated to the Security Council for lifting the terms of Chapter VII of Iraq.

Relations between Iraq and Kuwait described positive developments over the past months, to finish the outstanding issues between the two countries, Iraq’s output of international sanctions imposed in section VII, by the UN Security Council.

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4aprofit
06-14-2013, 04:48 AM
Governor of the Central Bank: Bank reserves exceed 80 billion dollars by the end of July (http://www.alsumaria.tv/news/77673/%D9%85%D8%AD%D8%A7%D9%81%D8%B8-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%8A-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%B3%D9%8A%D8%AA%D8%AC%D8%A7%D9%88/ar)

06/13/2013 - 15:11 | Source: http://www.alsumaria.tv/newsimages/SM-1-634629974004106283.png (http://www.alsumarianews.com/) Economy and Business (http://www.alsumaria.tv/iraq-news/4/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D9%88%D8%A7%D8%B9%D9%85%D8%A7%D9%84) 68 views Author: Ahmad Valley, Muhannad Muhammad


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Central Bank Governor Abdul Basit Turki




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Alsumaria News / Baghdad
confirmed the central bank governor Agency Abdul Basit Turki, the Reserve Bank will exceed $ 80 billion at the end of next July, indicating that there is a review of the development of mechanisms to use the bank to the reserve, regardless of the existence of the current government or not for specific purposes. said Turki program "brackets" which aired on "Alsumaria", the "reserves the central bank now of money and gold exceeded $ 75 billion," stressing that "the Reserve Bank will exceed $ 80 billion by the end of next July." said Turki that "reserve bank with end of the year 2013 will exceed this figure much, "pointing out that" the reserves of Iraq Gold is managed by the Bank for International Settlements in Switzerland. " explained the central bank governor that "under current law, the bank can not contribute one dollar in support of the government," adding that "there is a review of the development of mechanisms to use the bank to the reserve, regardless of the existence of the current government or not for specific purposes." and was the source of a bank early detection in (11 May 2013), that the volume of reserves Iraqi Central Bank foreign currency amounted to $ 74 billion, indicating that this is the highest reserves achieved by the bank in the country's history. referred to as the central bank refused, in (the fifth of May 2009), the efforts of government to borrow from the Reserve Bank funds to meet the shortfall in the budget, arguing that such a step contrary to the law and a violation of the independence of the bank. It is noteworthy that the central bank adviser appearance of Mohammed Saleh confirmed, in May 2009, that Iraq's stockpile of money liquidity has covered over the years, and so is out of the financial power of the government. Calling for the adoption of alternative ways to cover the deficit, including recourse to the application of secondary-market policies that have been agreed upon with the government./end/8/

4aprofit
06-14-2013, 04:35 PM
Iraq called the "National Strategy for Energy" (http://www.raya.com/news/pages/00a4abed-3831-4fa0-85bd-b0c85e0349c8)

BAGHDAD - AFP: Iraq announced on Wednesday to begin implementation of the plan "an integrated national strategy for energy" extends until 2030, aims to make this country a "diverse economy" and "sustainable development" relying on oil, which is the main supplier of the country's budget. Deputy Prime Minister for Energy Hussain al-Shahristani said in a speech that "a decision taken two years to develop an integrated strategic plan, now is ready for implementation, and I hope from the relevant ministries to implement this plan."

The strategy includes stretching from 2012 until 2030, all the major components for the sectors of energy, especially oil and natural gas and electric power. Shahristani said that "the implementation of this plan will jump Iraq Agafrh the big forward." He stressed that "this plan will provide for Iraq about five to six trillion dollars" and "provide about ten million jobs for Iraqis in important industries sophisticated" and "put Iraq on a global level in some large industries, especially petrochemical industries." He stressed that "we have already started the process we began to plan stages of it." The conference was attended by representatives of foreign diplomatic bodies and a representative of the World Bank and other foreign companies are different.

Shahristani said that "Iraq will be in the field of energy in the forefront of countries in the world and turns into a diverse country economy and sustainable development" as "the standard of living will rise to the Iraqis." He pointed to the start of work on the implementation of the plan at the level of oil production. It will require the implementation of the development program recommended by providing strategic capital expenditures are estimated at $ 620 billion. On the other hand, is expected to achieve about six trillion dollars as income for the Iraqi government, and oil exports account for approximately 85 percent of them. For his part, the head of the advisers in the Council of Ministers Thamer Ghadhban, through introducing an explanation of the plan approved by the Iraqi government that "the strategic goals of the plan is to meet the needs of local power and achieve the highest level of government revenue and encourage economic diversification," in addition to "improve the standard of living and provide employment opportunities. " Oil revenues constitute 94 percent of the country's revenue. And imports amounted to Iraq's crude oil exports during 2012 about $ 94.03 billion and represented an increase of up to 13 percent on the previous year. Iraq seeks which currently produces 3.2 million barrels per day, to produce about 12 million barrels per day within six years, which would make him the second producer in OPEC. Iraq has the third largest oil reserves in the world is estimated at 143 billion barrels, after Saudi Arabia and Iran.

4aprofit
06-17-2013, 02:17 AM
With new strategy, Iraq will earn $6 trillion from oil and gas export16 Jun 2013On this Wednesday, Iraq has unleashed an ambitious energy strategy, which estimates that the country’s crude oil production will reach around 9 million barrels per day. After the year of 2030, Iraq is seeing itself as a major gas and oil producer of the world, as well as a booming economy. By the year of 2022, it is assumed that Iraq will be able to meet its internal energy demand or domestic energy demand with precision.The plan, dubbed the Integrated National Energy Strategy, would see Iraq invest some $620 billion in the sector over nearly two decades, in a bid to substantially increase living standards and employment levels in a country badly hit by decades of conflict and sanctions.Thamir Ghadhban, a former oil minister and the head of Prime Minister Nuri al-Maliki's advisory committee, stated that the main goal of the newly adopted energy strategy is to meet the domestic demand by no lesser then 100 percent.Domestic energy need is the first priority for the country and it will assist country’s economy as well as overall framework. In all, Iraq aims to increase oil production to 4.5 million barrels per day by 2014, and about double that by 2020 in its "medium" scenario, with all domestic energy requirements met by 2022.The country projects it will raise about $6 trillion in revenues by 2030, about 85 percent of which will come from oil exports.It has to be noted that presently Iraq is considered as an oil dependent economy. Over leniency on the oil or oil revenue will hurt the country in many ways, as said by the experts. Hence, the Iraqi government has also some effective plans to make the country’s economy to become lesser lenient over the oil.The diversified economy in Iraq will bring 10 million new jobs, with planners arguing that by 2020, non-energy sectors of the economy will grow faster than oil and gas.Though, it has to be noted that even if the oil production in the country has been ramped up, lack of employment still remains a concern, which is leading to poor living standard. The newly adopted plan will conquer all the concerns as expected by the Iraqi government.http://www.iraqdirec...gas-export.aspx

4aprofit
06-17-2013, 02:20 AM
Iraq launches a strategic economic plan BAGHDAD - Naseer Goldfinch Monday, June 17, 2013 Iraqi lawmakers have questioned and experts in the country's ability to implement a strategic economic plans implementation takes less than two decades, Aazin the reasons for the lack of political awareness, which will be in the way of continuing to implement the plan, if the current government changed. Iraq announced the launch of the National Strategic Plan for Integrated Energy (2013 -2030) will hopefully provide tens of thousands of jobs, and building ports to raise the country's export capacity to six million barrels of oil per day. Deputy Prime Minister for Energy, Hussain al-Shahristani «actually started the implementation of the national plan stages integrated national strategy, according to a schedule from 2013 to 2030 ...Iraq will shift in the next twenty years of dependence on oil to rely on the economy to raise the standard of living of citizens. He added: «can not rely solely on the production and export of oil must build an integrated plan for manufacturing instead of importing these products, and announced« giant sign contracts and memoranda of understanding with ten insurance companies to 15 thousand MW electricity. The ministries called «the implementation of the plan, both within its jurisdiction and timing, and pointed out that it would make the Iraqi industry sophisticated global level for the chemical industry ', and that' there are contracts to build new refineries and companies were invited to submit bids. New gas company It was announced that «Iraq also signed a contract to establish a new company for gas and committed the oil companies not to burn gas lieutenant to extract the oil, but investment», and pointed out that «Iraq has a plan to build new pipelines and construction of ports of export to be Iraqi ports able to export six million barrels of oil a day year next ». Shahristani said that «the four licensing rounds conducted by the Iraq earlier produced 12 oil contracts, stressing that« the fifth round of licenses to be held before the end of the year. In this area, the representative of 'World Bank' in Iraq, Simon Stolb, during a party the launch of the National Strategic Plan of integrated energy that «the World Bank will support Iraq to implement this strategy, which is ready to assist technically and financially. And saw oil expert government, Hamza Jeweler, on the sidelines of the ceremony in a statement to «life», that the three ministries «started preparing for this strategy since mid-2011, the oil and electricity industry, but its implementation and success require the support of other ministries, because the factors of success does not lie masterly in execution only, but what we need most is to increase political awareness. He continued: «We have a fear of the possibility of blasting carried out the plan Once the government changed, and this is what needs to make efforts to reach the degree of awareness attained advanced countries find their plans would not have continuous including The governments». He pointed out that «the political and security factors closely related to the implementation of the plan, but also bet on« secure 10 million jobs and this alone is enough to end three of the biggest problems of Iraq, unemployment, poverty and terrorism. Committee member questioned's Nora Albjara economic success of the implementation of the plan, she said, «Iraq has failed to implement a medium-term plans, especially five-year plans, and it would be difficult to walk plans to continue 17 years. It continued: «total hopes to reduce dependence on oil as an orphan for the sustainability of the economy of Iraq, and better implementation plans (developed in the Gulf states) and of the exploitation of oil for the development of other resources, especially investment, despite the fact that opportunities in Iraq better for being an industrialized country and agriculturally, but segments semi- dead and causes returns to lack of experience in the continuity and development.MOST INTERESTING PART OF THE ARTICLE.......(((Iraq has a plan to build new pipelines and construction of ports of export to be Iraqi ports able to export six million barrels of oil a day year next)))

4aprofit
06-17-2013, 02:21 AM
Protection of the DFI promote the growth of the economy 17/06/2013 12:00 AMBAGHDAD - morning A spokesman for the U.S. Embassy in Baghdad Frank فنفر: The continued protection money Development Fund for Iraq will provide an opportunity for Iraq to promote economic growth and the settlement of outstanding claims as part of an entrepreneur. Said in answering a question (morning) on ​​the subject of extension of protection the U.S. on Iraqi money and position the American side of them by saying: "On 17 May 2013, President Barack Obama to extend the period of legal protection for the Development Fund for Iraq and some other Iraqi assets in the United States."The box-shaped Hamaihalamwal Iraqi DFI under UN Security Council Resolution 1483 to protect Iraqi funds from international claims after the events of 2003, and since that time, Iraq requested extension of protection on his money because of undergoing Chapter VII of the UN Charter. Economists and specialists have demanded in previous statements (l morning) to extend protection for the purpose of ending this file from a range of options, notably the transfer of the remaining money in the fund to Iraq and the central bank to bear the responsibility to pay off debts creditors.http://www.alsabaah.iq/ArticleShow.aspx?ID=48454

4aprofit
06-17-2013, 02:26 AM
Iraqi deployment has been planned by Standard Chartered Bank16 Jun 2013In order to capture the global market, Standard Chartered Bank is looking forward to expand its transaction banking business in Iraq and in some other countries. In an interview, Karen Fawcett, the UK-headquartered bank's global head of transaction banking business, stated that the company has plans for developing its operations in the countries, like - Iraq, Mozambique and Myanmar.She also stated, "Our transaction banking business is constantly evolving. We are expanding our capabilities and coverage and constantly trying to fill the gaps across our network in Asia, Africa and the Middle East. "It was reported on the first half of this week that trading relations between Asia and Middle-East are getting more and more strengthened. In this scenario, relation between these countries will benefit the both hugely, as opined by the experts. According to figures cited by Lim Hng Kiang, minister for trade and industry and deputy chairman of the Monetary Authority of Singapore in a speech earlier this month, financial flows between the Middle East and Asia are increasing significantly.Kiang said management consultancy firm McKinsey observed that between 2002 and 2006, 11% of the GCC's capital outflows were to Asia and that it estimates that this share could nearly double to 20% by 2020.http://translate.goo...IaftSoQ4QtE7NPg

4aprofit
06-17-2013, 02:28 AM
Iraqi optimism and welcome international awaiting the decision of the Security Council to lift sanctions Karim Jawad Rebounded Iraq hopes to emerge from Chapter VII of the Charter of the United Nations, with the confirmation of both Kuwait and the international organization, meet Baghdad, a large part of its obligations under UN Security Council resolutions, related to the invasion of Kuwait in 1990. The blessings of all the representative of Iraq to the United Nations Mohammad Ali Hakim, and his Kuwaiti counterpart Mansour Al-Otaibi, the Secretary-General of the United Nations Ban Ki-moon, a memorandum of understanding signed by Baghdad and Kuwait late last month, on the arrangements for maintenance of the common border, asking where circulated memo and its annexes, as an official document of the United Nations documents. Secretary-General of the International Organization in turn, welcomed the agreement, describing the historic moment, and vowed during telephone contact with Iraqi Prime Minister Nuri al-Maliki, with the help of Baghdad to end the international sanctions imposed on it, and said that the organization will do their best in order to remove Iraq from Chapter VII. In a statement to "Radio Sawa," said Ali al-Moussawi, media advisor to the prime minister, that Baghdad and Kuwait reached a mechanism to deal with the file of compensation in the framework of bilateral relations, noting that the Secretary-General of the United Nations, welcomed the progress witnessed in Iraqi-Kuwaiti relations. Moussawi stressed that his country has made a great achievement in addressing the outstanding issues with Kuwait, in light of the heavy legacy left behind by the former regime, as he put it. Undersecretary of the former Iraqi Ministry of Foreign Affairs, however, Abawi, he said that the UN Security Council is currently working on the preparation of the decision to transfer my border and Amiri Archive to Chapter VI, to be dealt with in the framework of bilateral relations between Iraq and Kuwait. He Abawi optimistic about the possibility of ending international sanctions imposed on Iraq, stressing that Baghdad has fulfilled its obligations to Kuwait, in Melvin basic of the three files underlying those sanctions, he said in a statement to "Radio Sawa" that the Prime Minister of Kuwait said during his meetings Iraqi officials in Baghdad on Wednesday, the two sides decisive shared border file and the file of missing Kuwaitis and Kuwaiti archives. In the meantime, criticized Professor of International Law at the American University in Cairo, Abdullah Ashal the continued imposition of international sanctions on Iraq, describing the application of the wrong decision in the foundation, stressing in a statement for "Radio Sawa" on the need to adopt the principle of good neighborly relations between the two countries. Ashal pointed out that the decision to lift the sanctions would be symbolic in light of the demise of all justifications, as he put it. In the context of Iraq's efforts to mobilize international position supporter of lifting the sanctions, Research and Foreign Minister Hoshyar Zebari, with U.S. Ambassador to Iraq Robert Beckerovi, the British Ambassador to Iraq Simon Collis on Thursday, the ongoing deliberations in the UN Security Council to adopt a new resolution confirms the fulfillment of Baghdad's international obligations towards Kuwait , in preparation for the withdrawal of Iraq from the provisions of Chapter VII of the Charter of the United Nations. According to a statement issued by the Foreign Ministry, that Zebari's meeting with Beecroft and Collis, comes within the framework of consultations carried out by Baghdad with the permanent members of the UN Security Council, to rally support for Baghdad's efforts to end international sanctions. http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.radiosawa.com

4aprofit
06-17-2013, 02:33 AM
Baghdad has fulfilled its obligations and pending international emancipation of the items 17/06/2013 12:00 AMMPs laud the efforts of the Iraqi diplomatic BAGHDAD - morning MPs praised the Iraqi diplomatic efforts in trying to get Iraq out of Chapter VII, considering that what has been achieved in this field is an achievement for the country, will lead to the liberation of Iraq from international restrictions imposed on him.At a time in which parliamentarians pointed out that feat achieved thanks to fulfill Iraq fully its obligations to the international community, urging the importance of drawing a new map of peaceful coexistence, which is one of the challenges facing the country out from under this chapter.Come those الاشادات efforts Iraqi diplomacy at a time through which U.S. Secretary of State John Kerry yesterday during a telephone conversation with Foreign Minister Hoshyar Zebari »Support for the U.S. administration to the efforts of Iraq and Kuwait to close all files and the transition to a new phase of cooperation and building», which was confirmed by Chairman of the Board Kuwaiti Prime Minister Jaber Al-Mubarak Al-Hamad Al-Sabah yesterday during a meeting with his country's emir to brief him on the results of his visit to Iraq recently. According to Kuwait's permanent representative to the United Nations, the Security Council will be considered in place to remove Iraq from Chapter VII present on June 27, and expected to pass the resolution without any hindrance.In the opinion of the Kurdistan Alliance MP Rh g-Mahdi said Iraq would emerge from Chapter VII is a «breakthrough new about flying in approved future», as well as being able to by out from under the penalty of dismissal from the restoration of all the possibilities vital that would return to the international stature prestigious », while considered by the National Alliance MP Ibrahim stirrup« one of the most important steps and achievements are recorded for the benefit of the country », saying« that Iraq would emerge from Chapter VII would free the country entirely from all restrictions imposed on it, and converts it to an active member of the United United will have the freedom to practice its activities in the world.http://www.alsabaah.iq/ArticleShow.aspx?ID=48468

4aprofit
06-17-2013, 02:35 AM
Maqel, Um-Qasr receives 20 commercial shipsMonday, 17 June 2013 01:41 | | | Baghdad (AIN) –The Maqel and Um-Qasr commercial ports within the Ministry of Transportation received (20) commercial ships loaded with various goods.The Ministry of Transportation reported in statement received by AIN ''The Maqel port has received (16) Iranian ships loaded with cement, blocks and dust of iron.''"The Um-Qasr port received ships coming from Singapore, Iceland, Panama and Egypt loaded with various goods,'' the statement added. \END\ http://alliraqnews.c...onomy&Itemid=41

4aprofit
06-17-2013, 02:37 AM
Smart ration card project will include all citizens 6/16/13 Government announced the inclusion of all citizens to draft new smart ration card among them of their old card blocked for various reasons. Deputy Prime Minister for Economic Affairs Rose Nuri Shaways: that the government has paid special attention to addressing the problems and challenges facing the process of distribution of vocabulary items, as the focus was on how to provide this service to the people smoothly and efficiently, but the process of work over the past years were stalled and faced Many families of trouble in order to get food to achieve food security. He explained that the committee system reform ration card and despite great achievement achieved by reducing the number covered by the system by blocking the card slides affordable high-income and reduce the number of ration card items that are limited to basic food items, but the difficulties are still accompanied by workshops to provide this Vocabulary from the import and distribution down to the ring between families, pointing out that the government is moving forward in the implementation of the poverty reduction strategy that everyone is proud accomplishment achieved overall activities in the framework of cooperation with the World Food Programme (WFP) to repair the ration card system. He noted that the government is working to replace the current system of ration card, whose responsibility the Ministry of Commerce another based his idea to adopt the style of the smart card to allow the family to get food supplies through marketing outlets give citizens full flexibility in the timing of the receipt of materials and selection of markets appropriate to him, including ease the burden of the Ministry of Commerce a lot of administrative and regulatory burdens and marketing as well as get rid of the movement of agents that proved the past years reluctance of weak commitment to the responsibilities entrusted to them www1.alforattv.net

4aprofit
06-17-2013, 02:43 AM
Kurdistan president to visit Russia to participate in an economic conference 02:16:16 / 06/2013 Khandan - is scheduled to visit the President of Kurdistan, Massoud Barzani, Russia, in order to participate in an economic conference. He revealed... site, citing a source in the presidency of the region, for the region's president will travel in the next few days to Russia to participate in the World Economic Sanpetrsburg. According to the source, it was the first time in which they are invited officials in response to participate in the Conference. http://translate.goo...s.php?id=640805

4aprofit
06-17-2013, 02:46 AM
Urgent…Barzani to visit Baghdad soon to activate Erbil agreementSunday, 16 June 2013 14:56 | PDF | Print | E-mail Baghdad (AIN) -MP Mahdi Haji of Kurdistani Democratic Party revealed that President of Kurdistan Region, Masoud Barzani will visit Baghdad soon to discuss the political crisis in Iraq. The Premier, Nouri al-Maliki had visited Erbil, capital of KR, on last Sunday where he met with Barzani and held the federal Cabinet's session there. Maliki and Barzani announced post their meeting their agreeing on activating the mutual commissions to settle the pending issues between Baghdad and Erbil. Haji told All Iraq News Agency (AIN) on Sunday "Barzani will visit Baghdad soon where he will try to bring views closer with Baghdad leaders to pave way for settling all the problems." "Barzani will try to persuade the political sides including the Iraqiya Slate to join the common political work," he added noting "The situation is suitable now for Barzani to play significant role in agreement with Maliki." http://www.alliraqne...27-21&Itemid=86

TheZeppyWanderer
06-17-2013, 07:50 PM
According to Kuwait's permanent representative to the United Nations, the Security Council will be considered in place to remove Iraq from Chapter VII present on June 27, and expected to pass the resolution without any hindrance.In the opinion of the Kurdistan Alliance MP Rh g-Mahdi said Iraq would emerge from Chapter VII ...

...», saying« that Iraq would emerge from Chapter VII would free the country entirely from all restrictions imposed on it, and converts it to an active member of the United United will have the freedom to practice its activities in the world.http://www.alsabaah.iq/ArticleShow.aspx?ID=48468



Many thanks for posting this article, 4aprofit.

I think we still all remember the time when the various sites were melting down with comment and rumour, over much less than this.

Just a case of waiting to see if they can finally achieve anything meaningful.

4aprofit
06-18-2013, 10:02 PM
UN Sec General calls for end of CH VII sanctions against Iraq


UN leader Ban Ki-moon on Tuesday called for the end of the threat of sanctions against Iraq for its 1990 invasion of Kuwait amid a significant thaw between the neighbors.
Ban said both governments have shown “statesmanship and respect” in healing the scars of the invasion that led to the creation of an international coalition to expel Saddam Hussein’s forces.
“The command ground attained by Iraq and Kuwait regarding the issues of missing Kuwaiti persons and property is a significant achievement, signalling a new level of trust and a fresh chapter in the relations between the two neighboring countries,” Ban said in a report to the UN Security Council.
He called on the 15-nation council to lift the threat of sanctions or force under Chapter VII of the UN Charter. The council is to discuss the Iraq-Kuwait regime next week.
Iraq has so far paid about $30 billion of the $41 billion in war reparations it was ordered to hand over for the seven month occupation which ended in 1991. Iraq hopes to complete the payments in 2015.
Regular flights between Baghdad and Kuwait started this year and Kuwait’s Prime Minister Sheikh Jaber Mubarak al-Sabah went on a surprise one day visit to Baghdad last week in a key sign of the thaw.
Kuwait is maintaining demands that Iraq account for more than 600 Kuwaitis who went missing in the conflict. The remains of 236 have so far been found. It is also demanding efforts by Iraq to return national treasures and archives.
But the Kuwaiti government has agreed to an end to the UN sanctions threat ordered in Security Council resolution 661 passed in 1990.
Ban said the unsolved cases of missing people “continue to cause suffering to the bereaved families.” But he added that Iraq has shown “commendable commitment” to resolving the cases.
“Should the Security Council agree with my recommendations, Iraq will exit Chapter VII with regard to this file and and will be one step closer to restoring its standing priority to resolution 661.”
Saba Khalid al Hamad as-Sabah, Kuwait’s foreign minister and deputy prime minister, supported Ban’s call in a letter to the United Nations.
Under Ban’s plan,a high level coordinator who has been bringing together the two countries would stop work and the duties on the hunt for the missing persons and archives would pass to the UN mission in Iraq.


http://www.timesofom...cle-18225.aspx#

4aprofit
06-18-2013, 10:07 PM
Ban calls for end to Saddam-era sanctions against Iraq

Times of Oman News: 6-18-13

http://www.timesofoman.com/News/Article-18225.aspx

TheZeppyWanderer
06-18-2013, 11:32 PM
UN Sec General calls for end of CH VII sanctions against Iraq


UN leader Ban Ki-moon on Tuesday called for the end of the threat of sanctions against Iraq for its 1990 invasion of Kuwait amid a significant thaw between the neighbors.

He called on the 15-nation council to lift the threat of sanctions or force under Chapter VII of the UN
But the Kuwaiti government has agreed to an end to the UN sanctions threat ordered in Security Council resolution 661 passed in 1990.

“Should the Security Council agree with my recommendations, Iraq will exit Chapter VII with regard to this file and and will be one step closer to restoring its standing priority to resolution 661.”

Saba Khalid al Hamad as-Sabah, Kuwait’s foreign minister and deputy prime minister, supported Ban’s call in a letter to the United Nations.


http://www.timesofom...cle-18225.aspx#


Another great piece of news, thanks for posting. :)

And the light at the end of the tunnel does now appear to be a genuine ray of sunshine, not another train coming in the opposite direction. :cool:

Hope I haven't spoken too soon !

4aprofit
06-19-2013, 03:30 AM
Activation of tariffs and legal protections will enter Iraq into The World Trade Organization

6/18/13

Baghdad (newsletter). Economist Salim Al-daini said, the importance of the task and the economic laws that stimulate national product tariff law and the protection of the domestic producer to contribute to Iraq’s entry into the World Trade Organization.

He said Al-daini (News Agency): Iraq’s accession to the World Trade Organization is needed to activate the set of economic laws that have been in the House legislation as tariffs protecting national products, consumer protection, competition and anti-trust law.


He continued that these laws will spur the productive sectors, especially the industrial and agricultural sectors to provide a national Iraqi identity products to the local market, so that Iraq has fulfilled one of the conditions for joining the WTO.

He added that world trade has many advantages for the Iraqi economy in terms of securing good world-class goods for the country and to strengthen economic and trade relations of Iraq and with world countries, especially Member States

ikhnews.com

4aprofit
06-19-2013, 03:41 PM
Iraq's relieving from UN sanctions great step towards full sovereignty, says Sadrist MP
Wednesday, 19 June 2013 10:19 | http://www.alliraqnews.com/en/templates/alina3/images/pdf_button.png (http://www.alliraqnews.com/en/index.php?view=article&catid=41%3A2011-11-19-15-21-19&id=36158%3Airaqs-relieving-from-un-sanctions-great-step-towards-full-sovereignty-says-sadrist-mp-&format=pdf&option=com_content) | http://www.alliraqnews.com/en/templates/alina3/images/printButton.png (http://www.alliraqnews.com/en/index.php?view=article&catid=41%3A2011-11-19-15-21-19&id=36158%3Airaqs-relieving-from-un-sanctions-great-step-towards-full-sovereignty-says-sadrist-mp-&tmpl=component&print=1&layout=default&page=&option=com_content) | http://www.alliraqnews.com/en/templates/alina3/images/emailButton.png (http://www.alliraqnews.com/en/index.php?option=com_mailto&tmpl=component&link=f155363cbec4bd6a8e3e6c3dbca2443f028fbbd6)


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Baghdad (AIN) -MP Asma' al-Musawi of the Ahrar bloc associated to the Sadr Trend described Iraq's relieving from the UN Charter's seventh Chapter as important step towards full sovereignty for Iraq and full control on all its resources.
Musawi stated to All Iraq News Agency (AIN) "The Iraqi government and the Prime Minister, Nouri al-Maliki achieved good steps in normalizing the relations with Kuwait, and it is hoped Iraq will be exempted from the 7th Chapter by end of current June to enjoy full sovereignty thereafter."
"The visit of the High Representative for Foreign Affairs and Security Policy, Catherine Ashton, to Iraq was intended to develop the relations with the European Union especially Iraq became influential economic power despite all the current problems, "she confirmed. /End/




http://www.alliraqne...-11-19-15-21-19 (http://www.alliraqnews.com/en/index.php?option=com_content&view=article&id=36158:iraqs-relieving-from-un-sanctions-great-step-towards-full-sovereignty-says-sadrist-mp-&catid=41:2011-11-19-15-21-19)

IRAQISTEVE1
06-19-2013, 10:57 PM
That's good news but..........one ugly beotch!!!

4aprofit
06-19-2013, 11:02 PM
Iraq heading out of Chapter VII; Financial, Trade, & Economic relations can be restored

Secretary-General of the United Nations headquarters improved relations between the two countries, calling for an end to the risk of sanctions still threatens Iraq since the invasion of Kuwait.

Sanctions prevent Baghdad from the disposition of funds.

New York – UN Secretary-General Ban Ki – moon Tuesday the UN Security Council to remove Iraq from Chapter VII and put an end to the threat of sanctions which still threatens Iraq since it invaded Kuwait in 1990, due to the improvement in relations between the two countries.

Last Thursday, informed the Secretary-General of the United Nations Ban Ki – moon from Kuwait and Iraq that the latter has carried out its obligations internationalism over the neighboring country paving the way towards the exit from Chapter VII.

And being touched in a report to the Security Council to the negotiations between the two countries on the stage that followed the invasion, it was considered that the two countries have reached the “new level of confidence and opened a new chapter” in their relations.

Accordingly, the request of the Security Council terminate the threat of sanctions or the use of force under Chapter VII of the UN Charter, the Council to discuss this issue next week.

It was Saddam Hussein’s army occupied Kuwait for seven months from August 1990 to February 1991 by an international coalition that expelled.

Following the invasion, the situation in Iraq under Chapter VII of the Charter of the United Nations, which is what made him later subjected to international sanctions and cut economic links to the whole world through rail, sea, air, postal, and others. Also subjected to successive wars began liberation of Kuwait, and ended after more than a decade, the occupation of Iraq and the overthrow of the regime of Saddam Hussein in 2003.

And holds the item Seventh famous address “take actions in cases of threats, breaches of the peace was signed aggression.” This item is divided in turn into substances the most important of Article 42, which authorizes the Security Council to take “action by air, sea and land as may be necessary for the maintenance of peace and international security, may be dealing with these acts blockade and air operations and maritime.”

And now Iraq continues to suffer from the Department of tough UN sanctions still limit its ability to act in the financial revenues and to develop trade and economic relations together with all countries of the world.

And pushed Iraq to Kuwait about $ 30 billion in compensation for the war out of 41 billion payable upon to be completed repaid at the end of 2015.

Baghdad now are paid five percent of its oil and gas revenues to the Fund of the United Nations that the payment of compensation.

The countries took measures in recent months to address their differences on general aviation companies and restoration of monuments border.

Kuwait continues to ask about the fate of 600 of its citizens who went missing during the conflict and calls for the restoration of a section of the national archives.

In a letter to the United Nations, Wade and Kuwaiti Foreign Minister Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah proposal that, according to the report cited.

And acknowledged that the issue of missing Kuwaitis “still hurts families” concerned, but stressed that the Iraqi government has made “commendable effort” to address them.

He said the Secretary-General of the United Nations, saying, “If the Council adopted my recommendations, Iraq will no longer be covered by Chapter VII in relation to this file and will be an additional step towards the restoration of the former international stature.”

In this case, the responsibility to search for the missing Kuwaitis and the National Archives will be transferred to the UN mission in Iraq.

He said Sabah, who is also Deputy Prime Minister of Kuwait last Wednesday in Baghdad that his country had agreed with Iraq “on the understandings of the transfer of responsibility for the remains of prisoners of war and missing persons and Kuwaiti archives of the Special Representative in the framework of Chapter VII to the responsibility of the UN mission in the framework of Section VI and this has been communicated to the Secretary-General United Nations. “

http://www.middle-ea....com/?id=157215

4aprofit
06-19-2013, 11:36 PM
Kubler: Iraq will emerge from Chapter VII before the end of June
06/19/2013 - 5:02 pm |


Announced the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, the international sanctions imposed on Iraq will be filed before the end of June.

The representative said internationalist in Iraq, Martin Kobler during a joint press conference with the head of the provincial council in Basra, Khalaf Abdul Samad that the United Nations will Bouktoadtha the end of June this to raise the seventh item on Iraq because the most important issue in this item is the demarcation of the border has been agreed upon completely.

He added: There is a step should be to talk about the development of economic relations between Iraq and Kuwait in the post-Chapter VII, pointing to the existence of specialized committees to continue the search for missing Kuwaitis, as well as to resolve the file Kuwaiti documents and returned to Kuwait.

For his part, Abdul Samad said Iraq was helpful in resolving a border with Kuwait in order to lift the sanctions, pointing out that Basra will be allocated a large part of the investment funds in the agreement between the two sides of Iraq and Kuwait, which requires an investment of money Kuwaiti private debt owed by Iraq in establishing projects investment in it.

Abdul Samad pointed out that the provincial council in Basra would be the Department of Foreign Relations means for activating international relations with neighboring countries and activation of the twinning between Basra and the global economic cities

http://www.burathanews.com/news_article_199604.html

4aprofit
06-19-2013, 11:59 PM
Zebari meets Ambassadors of 5 permanent members of UNSC

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Baghdad (AIN) –The Foreign Minister Hoshyar Zebari met the Ambassadors of the five permanent members of the Security Council accredited to Baghdad.


A statement by the Foreign Ministry received by AIN cited "Zebari met with the Ambassador of the five permanent members of the UNSC and the Deputy Representative of the United Nations Assistance Mission for Iraq (UNAMI), to inform them of the situation and view of Iraq on deliberations currently under way for a new resolution in the Security Council about ending Iraq from the provisions of the Seventh Chapter of the UN's Charter."

"Zebari stressed the importance of the new resolution to be clear and explicit concerning Iraq's fulfillment of its international obligations as stipulated in UN Security Council resolutions relating to Iraq - Kuwait relations," the statement added, noting that "Zebari expressed the government's appreciation for the supportive stance of the five permanent members for both Iraq and Kuwait to resolve the remaining issues as a result of Saddam's invasion of Kuwait."

"The Ambassadors praised the great efforts made by the Iraqi and Kuwaiti parties to resolve their differences through peaceful and civilized means taking into account the interests of both countries and the meeting was attended by ministry undersecretary, consultants, and head of the Department of organizations and Director of the Minister's Office," the statement concluded. /End/



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4aprofit
06-20-2013, 04:57 AM
British oil exploration company: Hferjatna in Sheikhan well indicate near Osorna on one of the most important investments in the oil world

Author: HAA
Editor: AHS, RS
19/06/2013 21:02

Range Press / Baghdad

Expected the company Kolff Keystone Gulf Keystone British, one of the largest companies drilling for oil and gas operating region of Iraqi Kurdistan, on Wednesday, the discovery of huge quantities of oil reserves during the process of drilling exploratory for well Sheikhan, as pointed out that drilling exploratory takes about nine months, expressing the hope that the oil discovery adds dimension "important and exciting" to the company's work program for 2013, he could usually be "one of the most important investments in the oil world."

He said the Executive Director of the British company John Girstinlor in a report published on its website and seen (long-Presse) it, that "drilling exploratory deep initial in a well Shikhan -7 began last Sunday on June 16 and arrived at the height of the rear distance of one km east of Bir Shikhan - 1 , "noting that" it is expected to detect significant amounts of oil, at the global level in this field in which the company operates. "

He Girstinlor that "with near Mbachertna the implementation of a plan to develop exploration field Shikhan -7 and start production processes of production facilities that were built recently in the field of Sheikhan, the process of exploration drilling, will add an important dimension and exciting program of work company Kolff Keystone in 2013, and we hope to confirm our expectations of The existence of huge oil reserves, through the farthest point we get to it in a deep dug so far, "adding that" what we currently have to prove refers to the fact that this field is one of the largest oil and gas investments in the world. "

He Girstinlor that "the drilling process overall, and according to plan, you should be up to the depth (4,500 m) below the surface of the ground during the last nine months," pointing out that "the operations drilling continues to dig a well Shikhan -7 to assess and guess huge amounts of potential of light oil and identify commercial quantities. "

And company Autamtlk 75% of the shares in conjunction with company Kalegrant and Texas Keystone which possess shares of 20 and 5%, respectively, in the field.

And expected company DNO Norwegian, Wednesday June 12, 2013, rising production from the field Tauki oil in the Kurdistan region, after the disclosure of amounts of the "big" of new reserves which, while shown that it increases the quantity speculative reserve oil field of 770 million to one billion barrels , confirmed its quest to achieve a production rate of up to 200 thousand barrels per day by 2015 next.

And owns the Norwegian company DNO 55 percent of the field Tauki shares, while Genel Energy owns British Turkish, 25 percent of them, and the Kurdistan Regional Government remainder.

The Norwegian company was among the first oil companies that have drilled oil wells in Iraq after the fall of the regime of former President Saddam Hussein.

The company DNO Norwegian, announced in (the 29th of April 2013), about the "high" oil reserves Tauki field in the Kurdistan region by 40 percent from the estimates of the year 2012 the past, stressing that this ratio is estimated at "three and a half times" estimates of reserves field by three years.

The total proven oil reserves for Tauki field operated by the Norwegian company DNO is now about 722.2 million barrels, where the producer's share of them (447.7) million barrels.

The head of the Kurdistan Regional Government Naچervan Barzani, announced during the opening of the Second Conference of the oil and gas, in Erbil, in the (third from December 2012 the past), that the reserve which is owned by the region's oil amounts to about 45 billion barrels of crude oil and more than three trillion cubic meters of natural gas.

As announced by the Ministry of Natural Resources in the Kurdistan Regional Government, early June 2012, seeking to increase its crude oil production to one million barrels per day by 2015, stressing that there are plans to double production to two million barrels by 2019.

It is noteworthy that many of the major oil companies and gas companies, including Exxon Mobil, Shell, Chevron, Total and Gazprom Russian, but not limited to (there are more than 40 companies from 17 countries working in the oil sector of Kurdistan), has entered into contracts for the exploration and production of oil and gas with the Regional Government Kurdistan, which has raised objection to the federal government.

Oil and needling file Kurdistan federal government in Baghdad, which opposes along the line, Activity region in this regard and prepared contrary to the Constitution, whilst the contrary, based on the territory of the same constitutional reference, in the absence of the enactment of the federal oil and gas yet

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.faceiraq.com/inews.php%3Fid%3D1793297

4aprofit
06-20-2013, 05:01 AM
Canadian Oil Company discovers three giant oil wells in Kurdistan

19/06/2013 09:19:00
Sulaymaniyah / NINA / Canadian Norikssa oil Company declared that it found three giant oil wells of very good quality in the Kurdistan region of Iraq.

The company said in a press statement that it had found these wells after long search operations in an area near the province of Arbil, noting that these wells are have very good quality, where production will be up to 225 million barrels.

The company added that it also found another oil field in Damrdag field in addition to third oil field in Zaykora area.

The Canadian Norikssa oil company confirmed that it has signed a contract with the authorities in the region to develop the oil fields in the Kurdistan region of Iraq. / End

http://www.ninanews....?ar95_VQ=GIHHFI (http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GIHHFI)

4aprofit
06-20-2013, 05:17 AM
Kuwait Unveils nearing work with Iraq in joint oil fields

2013-06-15 11: 29

The Kuwaiti Foreign Ministry revealed today, the imminent adoption of a memorandum of understanding with Iraq about joint oil fields between the two countries.
A Kuwaiti delegation headed by Prime Minister Jaber Al-Mubarak Al-Hamad Al-Sabah has visited Iraq last Wednesday, and signed several agreements and memorandums of understanding during the talks announced Iraqi and Kuwaiti officials, the two Governments requested the United Nations their Ki interview and inform the agreement the two countries, and that Iraq had implemented all the obligations imposed on it under Chapter VII as the resolutions of the Security Council and to request the Secretary-General of the United Nations communicated to the Security Council for lifting the terms of Chapter VII of Iraq.
He said Foreign Ministry Undersecretary Khaled Al-Jarallah on joint development of oil fields in the "press release", that "there is a note prepared and will soon be adopted in the two countries in oil operations in the light of this note.

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4aprofit
06-20-2013, 05:26 AM
Barzani to participate in Russian International Economic Forum, 5000 figures from 80 countries attending

Added by Ahmed Hussein (http://www.iraqinews.com/author/ahmed/) on June 19, 2013.
Saved under Politics (http://www.iraqinews.com/baghdad-politics/)
Tags: Erbil (http://www.iraqinews.com/tag/erbil/), Kurdistan (http://www.iraqinews.com/tag/kurdistan/)

Erbil (IraqiNews.com) The President of Kurdistan Region, Masoud Barzani, headed to Russia to participate in Saint Petersburg International Economic (http://www.google.iq/url?sa=t&rct=j&q=[%D8%B3%D8%A7%D9%86%D8%AA+%D8%A8%D8%AA%D8%B1%D9%88% D8%B3%D8%A8%D9%88%D8%B1%D9%83) Forum.

A statement by the Kurdistani Regional Government received by IraqiNews.com cited “Barzani will meet some key figures and officials participating in the Forum where about 5000 figures out of 80 countries will participate in the Forum.

“Barzani will conduct a formal visit to Romania to discuss the mutual relations and the economic issues,” the statement concluded.

Read more: (http://www.iraqinews.com/baghdad-politics/barzani-heads-to-russia-to-participate-in-sp-international-economic-forum/#ixzz2WgRyzztL)http://www.iraqinews.com/baghdad-politics/barzani-heads-to-russia-to-participate-in-sp-international-economic-forum/#ixzz2WgRyzztL
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4aprofit
06-20-2013, 05:29 AM
Shaways heads the delegation at the London conference for Iraqi oil

June 18, 2013

BAGHDAD (Iba) .. Chaired by Deputy Prime Minister Ruz Nuri Shaways of the Republic of Iraq's delegation at a conference on Iraq oil which held in Bartanih capital London Bhoudormmthleen for the British government and many of the companies operating in the oil and energy sector, businessmen and investors.

He Shaways in his speech opening ceremony of the Conference to oil is the backbone of the Iraqi economy and the foundation in the rebuilding of the country and prosperity of the economy, and that Iraq is one of the most important sources of oil in the world and is now in second place after Saudi Arabia in terms of production in the Organization of Arab Petroleum Exporting Countries, Iraq produces approximately 3.15 million barrels per day and exports 2.6 million barrels per day and the Iraqi government are continuing to develop this important sector in order to raise production ceiling where it is hoped that up production to 3.4 million barrels the end of this year and exports to 2.9 million barrels per day.

He also pointed to the recent political developments between Baghdad and Erbil, alluding to the importance of the visit by Prime Minister Nuri al-Maliki to the region, which he considered a positive step and courage contributed to the thaw in relations and the outcome of a meeting of the Supreme Committee shared between the prime ministers in the federal government and the province for the formation of many committees to resolve outstanding problems, and joint efforts between the two governments and federal Kurdistan region to connect to an agreement on the legal oil and gas and the law of the distribution of wealth to the provinces by proportion of the population and Mahromep and the parties reached to form a joint committee in order to accomplish these laws important in accordance with the Iraqi constitution and the interests of the Iraqi people will significantly to the development of the oil sector in Iraq.

Shaways said that Iraq fired recently national energy strategy and vision in this strategy include the development of the energy sector in a practical and sophisticated in order to stimulate the economy and create jobs and the situation in Iraq as a key player in the global market.

On the sidelines of the conference Shaways search with a member of the British Parliament and Wizerath for energy Mike the development of bilateral relations between the two countries, especially in the field of oil and energy.

Simons noted that Britain supports significantly the recent positive steps to resolve the outstanding issues and is ready to provide full support for the Iraqi government in the development of the oil and energy sector.


The conference was attended by the President of the advisers Thamer Ghadhban, chairman of the parliamentary oil and energy Adnan al-Janabi, Minister of Natural Resources in the Kurdistan Region Ashti Hawrami.

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4aprofit
06-20-2013, 05:37 AM
Importance of establishing The Port of Faw and a dry canal to make Iraq an important anchor for world trade

19-06-2013 12:33 PM

Baghdad (news) .. According to a member of the Committee on the economy and investment MP / National Alliance, / Amer the winner, importance of benefiting from Iraq's geographical location that connects the east and west in the promotion of trade through exchanges to speed up the establishment of the port of Faw and dry canal in the province of Basra.

The winner (of the Agency news): Iraq has a large geographical location lacking in most countries of the world where it connects the continents of Europe, Asia, could be exploited in the activation of the movement of commercial exchanges and benefit from the global imports Alatranzi.

He added: ports present possessed by Iraq is not able to accommodate the movement of world trade large due to their small size, but when you initiate the establishment of the port of Faw and dry canal in the triangle of FAO, will enable Iraq to exploit his position economically, and will make him an anchor for global trade and the focus of attention of all nations that are related to the interests of trade between the East and the West. / End / 8. j. n /

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4aprofit
06-20-2013, 05:40 AM
Signed cultural agreements with European countries during the Arab Fest Forum

19/06/2013 12:00 AM

Events within Baghdad, the capital of Arab culture
Baghdad, Haider al-Athari

The Ministry of Culture opened yesterday Fest Arab forum, which will discuss a number of topics and communicate cultural openness and accept the other on the international level as a prelude to the signing of agreements in this regard. U.S. Undersecretary of the Ministry of Culture Taher Nasser Hamoud's "Center Brief for the Iraqi Media Network," said Baghdad attract the energies and talents of Arab and foreign to benefit from the experience of cultures, Arab and non-Arab, which will cover a range of disciplines in the field of heritage, film and cultural development, communication and acceptance of others through the forum Fest Arabs, which opened yesterday and continue his work for four days, which was held under the slogan "cultural events a tool for dialogue and social integration and economic growth" as it will discuss various topics, including civil wars and their repercussions on the culture and language of dialogue between peoples, in addition to the ability of cultural events on the introduction of the change in the neighborhoods Urban and places modern, as well as the responsibility of the mass media in the dissemination of culture, education and integration, warning that some countries brought to Iraq invitations apologized for technical reasons, including the delay in visa or other reason unlikely to be a reason not to participate security reality evidenced by participation of foreign countries and Arab countries in the forum.
He stressed Hamoud the importance of play culture of dialogue between Arab and European cultures and Western prominent role in the opening, which aims to accept each other and communicate with him and give a basis for our culture, Arab-Islamic, as Baghdad was still the place most prominent over the past centuries and the best representative of the history of Arab culture, "The سنستعيد of During this festive symbolic communication and togetherness mutual between Arab civilization and other civilizations and learn about the cultural experiences of the participating countries, indicating that the financial allocations and funding is the main factor for the continuation of these cultural activities after it has been allocated a budget of four times the annual budget for the activities of Baghdad, the capital of Arab culture that were classified to provide events and cultural shows, exhibitions and the establishment of strategic projects to build an integrated cultural infrastructure.

Moreover the director of cultural relations Aqeel Mandalawi for "Center Brief for the Iraqi Media Network," The establishment of this festival is an annual tradition hosted by the European Society for festivals every year, including Baghdad, capital of Arab culture hosted today Forum Fest Arabs who participate by countries Spain and France to transfer Thagavathma and Vnnounama to Iraq and to promote cultural exchanges with them. said he will hold a number of agreements with the State of Spain and strengthen the cultural openness with the institutions of the House of Wisdom and Iraqi universities and civil society organizations as a prelude to invest the existence of these states holding conferences with the establishment of specialized training courses in the cultural development of a number of staff in October for the transfer of the cultures of the countries through participants.

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4aprofit
06-20-2013, 06:11 AM
New Baghdad Library http://illiweb.com/fa/empty.gif






Categorized | Construction & Engineering (http://www.iraq-businessnews.com/category/construction-and-engineering/)
Designs Unveiled for New Baghdad Library (http://www.iraq-businessnews.com/2013/06/13/designs-unveiled-for-new-baghdad-library/)
Posted on 13 June 2013. Tags: AMBS Architects (http://www.iraq-businessnews.com/tag/ambs-architects/), architecture (http://www.iraq-businessnews.com/tag/architecture/), Baghdad (http://www.iraq-businessnews.com/tag/baghdad/), Libraries (http://www.iraq-businessnews.com/tag/libraries/), Youth City (http://www.iraq-businessnews.com/tag/youth-city/)
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By John Lee.

AMBS Architects has shown its designs for the first public library to be built in Iraq since the 1970s.
The 45,000 m2 building will be located on a teardrop-shaped peninsula at the heart of the Youth City masterplan dedicated to supporting and inspiring young Iraqis.

According to a report from Dezeen, the British-Iraqi firm will create a double-curvature roof structure with an 80-metre span, forming the world’s biggest single-span reading room.

The building will house over three million books, including rare manuscripts and periodicals, as well as computers, digital media resources and spaces for hosting performances and events.
When viewed from above the roof will display the word “read” in the Arabic Kufic script.

AMBS Architects, co-founder and director Marcos De Andres said:
“We have challenged the conventional library model, conceiving it as a modern, multi-functional public space … We identified core activities and paid special attention to the exchanges we wanted to engender through use.“
The building is scheduled to tender later this year.

(Source: Dezeen)

4aprofit
06-20-2013, 06:17 AM
The next few days will witness the activation of what has been agreed upon between Barzani and Maliki

18/06/2013 08:46:00

BAGHDAD / NINA / The leader figure of the Kurdistan Alliance MP, Mohsen al-Sadoun said: "The next few days will witness the activation of what has been agreed upon between the President of Kurdistan, Massoud Barzani and Prime Minister of the federal government, Nouri al-Maliki during his recent visit to Arbil."

He told the National Iraqi News Agency / NINA / "The visit was important for the time and place and we consider Maliki's visit to the region and meeting with Barzani and have been achieved is a proof of the real positive desire of the two parties to resolve the outstanding issues between them."

Sadoun added, "After forming the supervising central committee and other committees, what has been agreed upon will be activated in the next few days."

The Prime Minister Nuri al-Maliki headed a regular session of the Council of Ministers in Arbil on Sunday of last week, and then met with the President of Kurdistan, Massoud Barzani./ End

http://www.ninanews.com/english/News_Details.asp?ar95_VQ=GIHFEG

4aprofit
06-20-2013, 02:38 PM
Ban Ki-moon calls for the lifting of ((all sanctions)) imposed on Iraq because of the invasion of Kuwait (http://ipairaq.com/%D8%A8%D8%A7%D9%86-%D9%83%D9%8A-%D9%85%D9%88%D9%86-%D9%8A%D8%AF%D8%B9%D9%88-%D9%84%D8%B1%D9%81%D8%B9-%D8%AC%D9%85%D9%8A%D8%B9-%D8%A7%D9%84%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%8A/)Published in: 12:56 pm, June 19, 2013 (http://ipairaq.com/%D8%A8%D8%A7%D9%86-%D9%83%D9%8A-%D9%85%D9%88%D9%86-%D9%8A%D8%AF%D8%B9%D9%88-%D9%84%D8%B1%D9%81%D8%B9-%D8%AC%D9%85%D9%8A%D8%B9-%D8%A7%D9%84%D8%B9%D9%82%D9%88%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%8A/) Editor: ipa 2 (http://ipairaq.com/author/nizar/)
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BAGHDAD (Iba) .. UN Secretary-General Ban Ki-moon to move forward "to lift all the sanctions imposed on Iraq under Chapter VII about 23 years ago, after the invasion of Kuwait in 1990."
And recommended that it be dealing with the remaining issues between Iraq and Kuwait on missing Kuwaitis and Kuwaiti property damages, under Chapter VI of the UN Charter, which urges States to resolve conflicts by peaceful means.
And Ban Ki-moon said in his report, which was published Tuesday, "if the Security Council agreed to my recommendations, Iraq will emerge from Chapter VII with respect to this file and will approach a step to restore international stature. A goal sought by long lead this country after the overthrow of the regime of Saddam Hussein. "
For his part, Iraqi Foreign Minister Hoshyar Zebari said that if the Security Council approved the recommendations of Ban Ki-moon, the only commitment from the rest of Iraq under Chapter VII is to pay the amount of $ 11 billion owed to Kuwait from the rest of the amount of compensation.
The Kuwaiti delegation was headed by Prime Minister Jaber Mubarak Al-Hamad Al-Sabah visited Iraq last week and signed several agreements and memoranda of understanding. The two sides stressed their keenness to complete the remainder of the outstanding issues. (End)

4aprofit
06-20-2013, 02:51 PM
Iraq gets the green light from UN to exit from Chapter VII (http://nenosplace.forumotion.com/t8509p10-iraq-gets-the-green-light-from-un-to-exit-from-chapter-vii#19018)
http://illiweb.com/fa/empty.gif
http://www.shafaaq.com/en/images/2013/alalam_635034231496562253_25f_4x3.jpg

Secretary-General (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390607286003&item=390607286003) of the United Nations, Ban Ki-moon recommended on Thursday, the UN Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130928693783&item=130928693783) to lift sanctions imposed on Iraq of Chapter VII
and subject the remaining differences between Iraq and Kuwait to Item VI of the UN Charter, instead of the seventh.

Chapter VII of the UN Charter authorizes the Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130928693783&item=130928693783) to use force to enforce the decisions either through sanctions or military intervention; while Section VI urges to resolve their differences through peaceful means, it is expected that the UN Security Council would consider the adoption of a draft resolution in this regard on June 27 of this month

Ban Ki-moon highly praised, in his report to the Security Council on both Kuwait and Iraq, “for their efforts which led to solve the outstanding issues between the two countries to exit Iraq from Chapter VII, ”stressing that “Iraq's implementation of its obligations under Chapter VII regarding the border with Kuwait, created the right conditions for further progress in relations between the two countries”.

“If the Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130928693783&item=130928693783) approved on my recommendation, Iraq will be out of Chapter VII with respect to this file, and will advance another step towards restoring its international position which is agoal that his country wanted to achieve after the overthrow of Saddam Hussein”.

“Political United Nations Mission in Iraq's should be authorized with the responsibility to search for missing Kuwaitis and nationals of other States or their remains, as well as Kuwaiti properties as the national archive that was stolen during the occupation of Kuwait,” he added.

The Iraqi Foreign Minister, Hoshyar Zebari said in a joint press conference with his Kuwaiti counterpart, who visited Baghdad (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=baghdad&mt=~~~~~~~~n~~~) recently that “if approved by the Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130928693783&item=130928693783) on the recommendation of Ban, his country will not have any obligations under Chapter VII only a commitment to pay remaining 11 billion $ in compensation of Kuwait, “adding that” Iraq can fulfill this debt by 2015 if it continues to pay the premium amount at the current pace”.

The Foreign Ministry announced, on Wednesday informing the five permanent members of the Security Council on Iraq's position on a new resolution on take it out of Chapter VII.
For his part, Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler said on Wednesday, at a joint news conference with the head of the provincial council in Basra, Khalaf Abdul Samad attended by “Shafaq News” that “Iraq will emerge from Chapter VII by the end of this month”.

Iraq is still subjected to international sanctions imposed by the United Nations (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=united%2Bnations&mt=~~~~~~~~n~~~) after the invasion and occupation of Kuwait in 1990, despite the fall of the former regime, which invaded Kuwait, as observers say that if Security Council accepted recommendation of the Secretary-General (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390607286003&item=390607286003), that will prepare a great political step to Baghdad in an effort to restore its international position after ten years of the overthrow of Saddam Hussein

Kuwait had opposed for years to remove Iraq from Chapter VII because of differences over borders and missing persons, property and other issues, but most of these issues were resolved recently.

http://www.shafaaq.com/en/politics/6441-iraq-gets-the-green-light-from-un-to-exit-from-chapter-vii.html

4aprofit
06-20-2013, 02:57 PM
The foreign ministers of Iraq and Kuwait in America soon to put an end to sanctions

Baghdad

Haider Ali Jawad - 06/20/2013

Visit Hoshyar Zebari, the Iraqi foreign minister and his Kuwaiti counterpart Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, the United Nations (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=united%2Bnations&mt=~~~~~~~~n~~~) soon, to resolve to expel Iraq from Chapter VII.
Fouad said Alldorki, MP for the coalition of state law, ruling in Iraq, for "News of Moscow", "The Foreign Minister Zebari, and his Kuwaiti counterpart, will visit America, to meet with the Secretary-General (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390607286003&item=390607286003) of the United Nations, and the resolution to expel Iraq from Chapter VII soon."
He added that Kuwait is serious in project support Iraq's request to the UN Security Council and the United Nations (http://viglink.pgpartner.com/mrdr.php?url=http%3A%2F%2Fviglink.pgpartner.com%2F search_attrib.php%2Fform_keyword=united%2Bnations&mt=~~~~~~~~n~~~), to get him out of the seventh item, especially since the differences between the two countries resolved.
Zebari said, applied to a statement issued by the ministry on Wednesday, seen "Moscow News" on it, he was "briefed the ambassadors on and see position on Iraq for deliberations currently under way, to adopt a new Council resolution on Iraq out of the provisions of Chapter VII."
Zebari's statement came after a meeting with the ambassadors of the permanent members of the Security Council, who in turn praised "the great efforts made ​​by the parties of Iraq and Kuwait to resolve their differences peacefully and civilized, and taking into account the interests of both countries.
For his part, the Secretary-General (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390607286003&item=390607286003) of the United Nations Ban Ki-moon, yesterday, the UN Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=400493837063&item=400493837063) to bring Iraq out of Chapter VII, and put an end to the threat of sanctions, which still threatens Iraq since the 1990 invasion of Kuwait.
Iraq must pay 5 per cent of the total oil revenues to Kuwait, UN mandated compensation for the damage to Kuwait due to the Iraqi invasion of August / August 1990 to February 1991.
He predicted Iraqi foreign minister late last month, the country graduated from the provisions of Chapter VII final, after
The remaining full payment of compensation to Kuwait by the year 2015.

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4aprofit
06-20-2013, 03:07 PM
Maliki, Indian FM discuss investment opportunities between both countries

Added by Ahmed Hussein (http://www.iraqinews.com/author/ahmed/) on June 20, 2013.
Saved under Politics (http://www.iraqinews.com/baghdad-politics/)
Tags: Baghdad (http://www.iraqinews.com/tag/baghdad/), Nouri al Maliki (http://www.iraqinews.com/tag/nouri-al-maliki/), Oil (http://www.iraqinews.com/tag/oil/)

Baghdad (IraqiNews.com (http://iraqinews.com/)) The Prime Minister, Nouri al-Maliki called to hold a meeting for the Indian businessmen and companies in Baghdad to discuss the investment opportunities available at the Iraqi market.
A statement by Maliki’s office cited on Thursday “Maliki met with the Foreign Minister of India, Selman Khurshid, where Maliki stressed Iraq’s readiness to improve the level of cooperation between both countries in all fields.”
“Iraq and India have widespread and multiple prospects of cooperation,” Maliki added calling to hold a meeting for the Indian businessmen in Baghdad to figure out the investment opportunities in the country.”
“For his part, the Indian FM expressed his country’s willingness to develop its relations with Iraq in all sectors especially the oil sector, fertilizers plants, petrochemicals and oil refiners, besides the educational, agricultural and scientific domains,” according to the statement.
“Maliki received a written message from the Prime Minister of India in which he invites Maliki to visit India where Maliki stressed that he will meet the invitation as soon as possible,” it added.
The visit of the Indian FM is considered to be the first visit for a senior Indian official to Iraq since many decades.

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4aprofit
06-20-2013, 03:09 PM
Cooperation with Europe in front of Parliament today

06/20/2013 1:50 am

BAGHDAD - morning
begins with the House of Representatives today's first reading of the draft law on ratification Partnership and Cooperation Agreement between Iraq and the European Union signed in Brussels on 05.11.2012. According to parliamentary sources, the draft agreement includes fields, "the economic, trade, scientific and cultural rights, in addition to the energy represented by oil and electricity , as well as sectors of human rights and the fight against terrorism and organized crime, money laundering and illegal immigration, and the theft of antiquities and trafficking. "
as sources confirmed that the partnership agreement signed between Iraq and the European Union are important in opening up new prospects for relations between the two sides. She said the parliamentary session today will also, reading first draft law on ratification of the Convention on economic cooperation and the development of trade between Iraq and the Czech Republic, as well as the first reading of the draft law on ratification of the Convention on Cultural Cooperation between the Government of Iraq and the Government of the Republic of Ukraine., the sources added that it will be during the meeting to vote on the appointment Raad Jalil Zarzis when Kachachi president of the Court of endowments Christian religions Yazidis and Sabean Mandaean the rank of minister.
will also be voting on set on Hdyk the Srot Zubaidi post of adviser in the Ministry of Education, and vote on accepting the resignation of Attorney Ali Mohsen al-Asi-Tamimi, who was chosen governor of Baghdad.

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4aprofit
06-20-2013, 03:13 PM
The establishment of the Iraqi-EU Energy Center will be a big investment boom

By khabaar khaba 18 minutes ago Number of readings: 5 Font Size: Brother Sam Mulla

A member of the Commission on oil and energy parliamentary bloc citizen Furat al-Shara that what has recently signed an agreement for the establishment of the Iraqi EU Energy Center gives a clear indication of the status of Iraq's strategy in the field of oil and energy and opens the door wide to take advantage of the Iraqi modern technologies.

And between Shara told for News News (et al) that Iraq is on the verge of a breakthrough large investment in energy and other fields, stressing that Iraq and through this center Cisfath door Alastosmarallowasa any party you want to enter the local market and investment in the energy sector in order to increase production and exports.

The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani signed last Monday with the High Representative of the European Union for Foreign Affairs and Security Policy Catherine Ashton Convention Establishing the Iraqi Energy Center - EU.


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4aprofit
06-20-2013, 03:25 PM
Real estate sector of Iraqi Kurdistan to experience a boom
19 Jun 2013

Erbil, the fourth largest city of Iraq, recognized as the capital of northern Iraqi Kurdistan region, is a vital city for the country of Iraq, playing a major role in the economy of the country. It is located 80 kilometers (50 miles) east of Mosul and being the capital of Kurdistan, it is recognized as one of the biggest business hubs of Iraq. The city has glorious past and it is regarded as one of the oldest urban lands of this earth.

Being the economic capital of Iraq, Erbil plays a significant role in the economy of greater Iraq through attracting plenty of foreign and local investors to invest in the different sectors of this city. The city offers seamless transportation and great human resource. On top of these, the recent activities from government of Kurdistan region have given enough encouragement to the investors. The government has an aggressive oil exploration policy, which is recognized as better going than the central Iraqi policy or the policy drafted by Baghdad. In terms of the safety issues, the city is better than the other major cities of this country and moreover, the hydrocarbon reserves of this region are the base of its strong economy.

Kurdistan’s population includes the three provinces of Erbil, Suleimaniya, and Duhok and the population was estimated around 4.4 million in 2008, with Erbil having an estimated population of approximately 1.3 million.

Presently, the Kurdistan region of Iraq is experiencing an annoual growth of 3 percent, which is a steep and heath growth, as pointed out by the experts. The population of the region is expected to go up to 5 million by the year of 2013, which means by the end of this year. Increasing population will definitely fetch economic growth, but government has to aid its human capital with seamless infrastructure, fresh environmental growth, food security as well as education and healthcare facilities.

However, for the region, political disputes are the real concerns. The recent physical disputes with Baghdad, regarding the payment of oil companies was on the news and major part of the Kurdish economy has been harmed due to this dispute. Colliers International Erbil Real Estate Overview Q2 2013 provides a brief snapshot of the key factors impacting the Erbil Real Estate sector and the future outlook.



Residential Real Estate As the population of the region is increasing, the need for housing projects is also growing. On this regard, many foreign companies have shown their interests to venture in this region with their development project opportunities. The Kurdish government has a very flexible legal framework for the foreign investor or companies and hence, the craze amongst the foreign comapni8es to work in this region is high as they can foresee profitability by working in this region. Government studies estimate that a total of 112,500 housing units are needed during the next 5 years. The present construction activities are positive and it seems that the Kurdish government will soon reach their target with the residential real estate projects. This estimate also accounts only for the growth of population and disregards demand generated from buyers from other parts of Iraq which may result in further pressures on supply.


Commercial Real Estate Sector Colliers’ demand estimates suggest that current total demand levels stand at 770,000m² of commercial space. Most of this demand is currently accommodated in secondary substandard office space across the city. Analyzing the situation of present demand level, the experts have opined that the region is clearly undersupplied and hence, major projects in this region can be anticipated soon. The rental rates are expected to increase with new office building developments.


The Retail Sector Retail and real estate sectors are connected with each and will definitely complement each other as the experts think. As the possibilities in real estate sector of Kurdistan is huge for coming day, retail sector development can also be assumed. Presently, the retail sector of Erbil seems to be undersupplied and thus the region has plenty of projects in offering for the foreign as well as for the local companies.
Apart from this tourism sector in Kurdistan is also experiencing steep growth. The city is getting ready for becoming future tourism hub for the world. At this scenario, many projects are going on in the region, including some high class sophisticated real estate projects to accommodate the tourists. So, future boom in the real estate market of Kurdistan can be surely expected in near future.


Updated 19 Jun 2013 | Soruce: Arabian Gazette | By S.Seal

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4aprofit
06-21-2013, 06:02 AM
International sanctions imposed on Iraq will be lifted before the end of June
Thursday, June 20, 2013 16: 13

Iraq: lifting sanctions on Iraq will contribute to the stability of the region

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(Private) ... He stressed the State of law Coalition MP Mohammed authorities the importance of lifting sanctions on Iraq and under Chapter VII.

Authorities said in a statement to the website of the Central Council of the Patriotic Union of Kurdistan (PUKcc.org), on Thursday, June 20, 2013, the international sanctions imposed on Iraq when he was confrontational system poses a threat to peace and security in the region and the world, and became the Iraq under Chapter VII, noting that now that Iraq has fulfilled its obligations to Kuwait and neighbouring countries and the region, especially after the recent visit of Prime Minister Sheikh Jaber Mubarak Al-Sabah, to lift the sanctions imposed on it.


And arrive in Baghdad and Kuwait have agreed to lift the sanctions imposed on Iraq during the visit of Prime Minister to Baghdad, adding that the two sides forward a memorandum to the United Nations that Iraq has fulfilled its obligations to Kuwait, stressing that this continued justification and rationale for the sanctions.


Authorities said it would be for Iraq after the lifting of the sanctions, the very great importance in the region commensurate with its history, will return to the regional and international environment and have an active role in establishing security in the region.
Authorities said that "Iraq has historic heritage and economic and human resources to enable it to play its historical role, especially since the area with its crises need to moderate role, neutral State like Iraq has the potential to contribute to the stability of the region."


MP authorities that "eject Iraq from under Chapter VII contributes actively to take its role in the region, especially since there are performances on sectarianism in the region," expressing his belief in the ability of Iraq to play the role of a moderate in the region, noting that Iraq and other countries in the region, can play an important role in the region, not like other States adopted a sectarian "expiatory, pointing out that Turkey, Qatar and other countries are adopting this project Sectarian, stressing that moderate and impartial role Iraq and some countries in the region will contribute to the achievement of security and stability in the region.
UN Secretary General Ban Ki-moon has recommended this week to move a step forward to the lifting of all sanctions imposed on Iraq for more than two decades after the toppled Saddam Hussein regime's invasion of Kuwait in 1990.


While the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, that international sanctions imposed on Iraq will be lifted before the end of June.


He said the UN representative in Iraq, Martin Kobler, during a joint press conference with the head of the Basra Governorate Council behind Samad on Wednesday: that the United Nations will step late June to raise the seventh item on Iraq because the most important issue in this item are the demarcation has been agreed.
PUKcc 2013-06-20 19:39:17



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4aprofit
06-21-2013, 06:18 AM
The foreign ministers of Iraq and Kuwait will meet in America soon to put an end to sanctions on Baghdad

6.20.13

Visit Hoshyar Zebari, the Iraqi foreign minister and his Kuwaiti counterpart Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, the United Nations soon, to resolve to expel Iraq from Chapter VII.

Fouad said Alldorki, MP for the coalition of state law, ruling in Iraq, for “News of Moscow”, “The Foreign Minister Zebari, and his Kuwaiti counterpart, will visit America, to meet with the Secretary-General of the United Nations, and the resolution to expel Iraq from Chapter VII soon.”

He added that Kuwait serious in supporting Iraq’s request for the project to the UN Security Council and the United Nations, to take it out of Chapter VII, especially since the differences between the two countries resolved.

Zebari said, dish a statement issued by the ministry on Wednesday, seen “news Moscow” on it, he was “briefed the ambassadors on the attitude and vision of Iraq of the proceedings currently under way, to adopt a new resolution in the Council about Iraq out of the provisions of Chapter VII. “

statement came Zebari, after meeting with the ambassadors of the permanent members of the Security Council, who praised turn “the great efforts made ​​by the two sides Iraq and Kuwait to resolve their differences through peaceful means and civilization, and taking into account the interests of the two countries.

For his part, the Secretary-General of the United Nations Ban Ki-moon, yesterday, the UN Security Council remove Iraq from Chapter VII, and put an end to the threat of sanctions, which still threatens Iraq since it invaded Kuwait in 1990.

and Iraq must pay 5 percent of the total oil revenues to Kuwait, compensation established by the United Nations for the damage done to Kuwait due to the Iraqi invasion of August / August 1990 to February 1991.

predicted the Iraqi foreign minister late last month, to come out of his country from the provisions of Chapter VII permanently, After remaining full payment of compensation to Kuwait by the year 2015

burathanews.com

4aprofit
06-21-2013, 06:28 AM
Washington sets limits to Maliki's coalition of power, U.S. intervenes in political scene

Created on Thursday, June 20 / June 2013 13:52 | |

http://www.uragency.net/images/6/AAA24.jpg
Baghdad / Orr News

Political sources revealed identical information about American efforts to change the political map in Iraq by intervening in the process of the formation of local governments to prevent the survival of the ruling party currently in power, in reference to the State of Law coalition led by al-Maliki.

The sources, who declined to give her identity, that "the replacement of the United Nations representative in Iraq, came to this purpose." The sources said that "Washington is seeking to make a number of changes on the Iraqi political scene in the coming period through intervention and influence on the formation of local governments, which will be in accordance with a formula alliances may look like it fragile somewhat but بالمحصلة will not allow the ruling party is to stay in power more because his role ended , "as described.

The source, who said the United States is a key player in the political process in Iraq, likely to be the transfer of the UN representative in Iraq Martin Kobler to Congo and the appointment of an American rather it has to do with the matter, describing it as "a shift of gears chessboard." The United Nations has declared, yesterday, for the replacement of its representative in Iraq, Martin Kobler, and decided to send it to the Democratic Republic of Congo, while confirming that the decision to replace "routine" and nothing to do with the accusations leveled by some political parties in Iraq to Kubler about the lack of neutrality.

uragency.net

4aprofit
06-21-2013, 06:35 AM
Chihod: lifting sanctions on Iraq would contribute to stability in the region


20-06-2013

(Special) ... MP for the coalition state law Mohammed Chihod the importance of lifting sanctions on Iraq and take it out from under Chapter VII.

And explained Chihod in a statement to the site of the Central Council of the Patriotic Union of Kurdistan (PUKcc.org), today Thursday, 20/06/2013, that the international sanctions imposed on Iraq when Saddam's regime was a threat to peace and security in the region and the world, and Iraq has become under Chapter VII , pointing out that Iraq now and after that fulfilled its obligations to Kuwait and neighboring countries and the region, especially after the recent visit of the Kuwaiti Prime Minister Jaber Al-Mubarak Al-Sabah, has to be the lifting of sanctions imposed on it.

And between Chihod Baghdad and Kuwait have agreed to lift the sanctions on Iraq, during the visit of Prime Minister of Kuwait to Baghdad, adding that the two sides forward a memorandum to the United Nations that Iraq has fulfilled its obligations towards Kuwait, stressing that it still justifications and reasons for sanctions.

And added Chihod he would be for Iraq after the lifting of sanctions, the very great importance in the region commensurate with its history and will return to the regional and international ocean and have an active role in the work on the restoration of security in the region.

He Chihod that "Iraq has the historical legacy and economic potential and human resources to enable it to play its historic role once again, especially since the area with that seen in the crises need role mild, neutral state has possibilities, such as Iraq to contribute to the stability of the region."

The MP Chihod that "Iraq out from under Chapter VII contribute effectively to take its role in the region, especially since there are a chord with sectarianism in the region," and expressed his belief "Iraq's ability to play the role of a moderate in the region, pointing out that Iraq and other countries moderate in the region, able to play an important role in the region, not like other countries have adopted a project Tkverria sectarian in the region ", pointing out that Turkey, Qatar and some other countries are adopting this project sectarian, stressing that the role of moderate and neutral to Iraq and some countries in the region will contribute to achieving security and stability in the region.

The UN Secretary-General Ban Ki-moon has recommended this week to move a step forward to the lifting of all sanctions imposed on Iraq for more than two decades after the invasion of the defunct regime of Saddam Hussein of Kuwait in 1990.

As announced the Special Representative of the Secretary-General of the United Nations in Iraq, Martin Kobler, the international sanctions imposed on Iraq will be filed before the end of June.

The representative said internationalist in Iraq, Martin Kobler during a joint press conference with the head of the provincial council in Basra, Khalaf Abdul Samad on Wednesday: The UN will Bouktoadtha the end of June this to raise the seventh item on Iraq because the most important issue in this item is the demarcation of the border has been agreed upon fully.

PUKcc

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rozwell
06-21-2013, 05:13 PM
it's the final countdown boys,Im washing and pressing my dancing socks,how bout you???

4aprofit
06-21-2013, 06:00 PM
Zebari said Iraqi relations discuss the webikroft-American strategic cooperation agreement

http://www.xendan.org/arabic/imgnews/zibary-31-10-2012-bb.jpg

02: 30: 21/06/2013

Smiling face-Foreign Minister Hoshyar Zebari on Saturday 21 June 2013, with u.s. Ambassador to Iraq Robert Stephen bikroft, Iraqi-American relations under the strategic cooperation agreement.

The statement said the foreign "WA", the two sides also discussed the domestic and regional situation after elections in Anbar, Ninawa and Syrian crisis and its impact on neighboring countries and the region. "

The statement noted that "during the meeting also discussed the ongoing diplomatic efforts of Iraq in the Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=360672561271&item=360672561271) out of the remainder of the provisions of Chapter VII and Iraq meet its international obligations and the ongoing preparations for the Foreign Minister's visit to Washington in the near future

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4aprofit
06-21-2013, 06:07 PM
Parliamentary economy: Iraq will regain economic strength in the region after his release from Chapter VII (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=321144453970&item=321144453970)

06/21/2013

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Committee said the economy and investment representative, on Friday, that the exit of Iraq from Chapter VII (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=321144453970&item=321144453970) of the UN Charter, it is poised to recover economic development in the region, and showed n all obstacles facing Iraq in economic and financial issues will be removed by the end of sanctions.

He said the Commission's decision Mahma Khalil's (IMN) said that "Iraq has all its legal and financial obligations to the UN Security Council resolutions and exit from Chapter VII would enable it to regain its real economy in the region," noting that "some countries regrettably played a negative role in an attempt to block the exit of Iraq from Chapter VII. "

Khelil said that "Iraq is a strong return to the region, which derives its strength from its economy and its bounty," pointing out that "Iraq will be free from all Alaqiod imposed on him after his release from Chapter VII (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=321144453970&item=321144453970)."

Khalil between that "Iraq's foreign policy represented by the Ministry of Foreign Affairs has succeeded through the efforts made during the past years to reach the stage of removing Iraq from Chapter VII," adding that "Chapter VII still restricts Iraq from the financial and economic."

He pointed out that "the withdrawal of Iraq from Chapter VII (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=321144453970&item=321144453970) is to restore the prestige of the Iraqi state, after the right of the former regime damage the prestige of Iraq."

And fulfilled by Iraq with its obligations to pay 41 billion dollars to Kuwait for war reparations Iraq and Kuwait, where pay for the Iraqi people as a result of the reckless policies of the former regime.

The Secretary-General (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390607286003&item=390607286003) of the United Nations, Ban Ki-moon said in a report submitted to the Security Council, remove Iraq from the provisions of Chapter VII after Iva?h all its international obligations.

It is expected to vote on the Security Council to remove Iraq from Chapter VII (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=321144453970&item=321144453970) on June 27 after the current Iraq's commitment to the implementation of all UN resolutions.

These recommendations are internationalist important achievement is calculated on the successful foreign policy of the government.

These recommendations emphasize the UN that Iraq returned stronger than the events of 1990, which saw the occupation of the dictatorial regime of the State of Kuwait.

The Secretary-General (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=390607286003&item=390607286003) of the United Nations in his 35th report to the Security Council (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130928693783&item=130928693783) and the Security Council resolution 1284 of 1999: "It commends both Iraq and Kuwait for their efforts which led to the solution of outstanding issues between the two countries to remove Iraq from Chapter VII."

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4aprofit
06-21-2013, 06:17 PM
Supreme Council": Iraq will begin a distinctive international relations page after emerging from Chapter VII

06/21/2013 BAGHDAD / Center Brief for Media Network (IMN) - the Islamic Supreme Council confirmed Friday that Iraq will start a new page of relations with regional and international Mahtah after his release from Chapter VII the end of the month.

A spokesman Hamid Maaleh Council's (IMN) "The withdrawal of Iraq from Chapter VII of great significance regarding his return to take legal and formal role in the international situation after he had finished all the obligations that you entered the problems because of the international policies of the former regime."

Maaleh added that "the exit of Iraq from Chapter VII have ended all international Altazamth to begin new phase in its relations with regional and international Mahtah shown on the basis of incomplete state sovereignty."
The Secretary-General of the United Nations, Ban Ki-moon said in a report submitted to the Security Council, remove Iraq from the provisions of Chapter VII after Iva?h all its international obligations.

It is expected to vote on the Security Council to remove Iraq from Chapter VII on June 27 after the current Iraq's commitment to the implementation of all UN resolutions.

These recommendations are internationalist important achievement is calculated on the successful foreign policy of the government.

These recommendations emphasize the UN that Iraq returned stronger than the events of 1990, which saw the occupation of the dictatorial regime of the State of Kuwait.

The Secretary-General of the United Nations in his 35th report to the Security Council and the Security Council resolution 1284 of 1999: "It commends both Iraq and Kuwait for their efforts which led to the solution of outstanding issues between the two countries to remove Iraq from Chapter VII."

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4aprofit
06-21-2013, 06:21 PM
Barazani, Lavrov discuss discuss means to consolidate bilateral relations

20/06/2013 21:04:00

Baghdad (NINA) – President of Kurdistan Region, Sergey Lavrov, discussed with Russia's Foreign Minister, Sergey Lavrov, means to consolidate bilateral relations

A statement to the press issued on Thursday, June 20, by Russia's Ministry of Foreign Affairs said that the issue of Geneva II (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=11450&type=2&ext=380654154212&item=380654154212) over Syria was on top the discussion between Barazani and Lavrov.

The statement pointed out that the two paid special attention to the situation in the Middle East, especially about the Syrian crisis and that there is no other solution to solve it than political, through holding an international conference on Syria in Geneva.

It pointed out the meeting between Barazani and Lavrov took place on the side of the Petersburg International Economic Forum; stating that they also discussed means to develop economic and investment relations with Kurdistan Region, as part of expanding the relations between Iraq and Russia. / End.

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4aprofit
06-21-2013, 06:23 PM
Parliamentary Committee approves tax exemption law

Added by Ibrahim Khalil (http://api.viglink.com/api/click?format=go&key=0d80ae9fe71cec9484f682bd59232f9e&loc=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8578-parliamentary-committee-approves-tax-exemption-law%2319116&v=1&libId=c6ffeddf-1eb8-4b8a-823c-bdf1398f0348&out=http%3A%2F%2Fwww.iraqinews.com%2Fauthor%2Fibra him%2F&ref=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8586-barazani-lavrov-discuss-discuss-means-to-consolidate-bilateral-relations&title=Parliamentary%20Committee%20approves%20tax%2 0exemption%20law%2319116&txt=%3CFONT%20color%3D%23d41717%3EIbrahim%20Khalil %3C%2FFONT%3E&jsonp=vglnk_jsonp_13718389813757) on June 20, 2013.
Saved under Business (http://www.iraqinews.com/business-iraqi-dinar/)
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Baghdad (IraqiNews.com (http://iraqinews.com/)) The Financial Parliamentary Committee held a meeting chaired by the MP, Hayder al-Abadi, the Head of the Parliamentary Committee, and attended by the members of the committee to discuss topics listed on the committee agenda.The Financial Parliamentary Committee reported in statement received by IraqiNews.com (http://iraqinews.com/) on Thursday ”The meeting of the Parliamentary Committee tackled the tax exemption law for the Iraqi and foreign companies that carry out investment projects.””The Parliamentary Committee approved to present the tax exemption law for the first read and to include it within the agenda of the closest Parliament session ,” the statement added. \END\

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4aprofit
06-21-2013, 06:26 PM
The law of oil and gas between the compatibility requirement of the Constitution and the possibility of the House of Representatives passed

21-06-2013 11:04 AM

BAGHDAD (Allabaria) .. / report / Ahmed Al Shammari / debate continued between the political blocs since the first parliamentary about passing the law of oil and gas has become close to a solution as seen members of the House of Representatives, especially after the visit of Prime Minister Nuri al-Maliki to Arbil and the agreement with the provincial government to pass Constitutional law and according to the spammers.

He says MP / coalition of state law / Hassan Yassiri (of the Agency news): The file oil and gas law can not solve according to the rules of procedure of the House of Representatives that this file is one of the crucial issues that relate to the Iraqi people and the need to be a political consensus.

He added: these differences and after the visit of Prime Minister Nuri al-Maliki to Kurdistan region and specifically to Arbil, it is hoped that there is sorting out the order out the agreement of both parties can benefit from the oil and gas law.

The Kurdistan Alliance, it is part and on the tongue MP him Sherif Soliman said in an interview (of the Agency news): The commitment to the Constitution in approving the oil and gas law is the only way to success and compatibility in the inclusion of the House of Representatives, adding that work within the Constitution in approving the law of oil and gas will enable everyone that there is no acquisition of national wealth and not be without the other hand, however.

Solomon continued: that drafts which do not have the dispute which keeps and maintains compatibility to the Constitution is that you will recognize within paragraphs approve oil and gas law, which would be in agreement with all the political blocs.

But it seems that the Iraqi List Zbad approve the law during the current session of the Parliament of the fact that it seems that optimism passes the oil and gas law did not include all the political blocs where the Iraqi List, I thought on the lips of some deputies not to the House of Representatives passes the law, but he will be deported to the next parliamentary session due to inability to تنضيج the laws properly.

According to the MP for the Iraqi unit Jumaili (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=190854136537&item=190854136537) in an interview (of the Agency news) that any new law do not believe it will pass in the first legislative term during the legislative year fourth, indicating that any law, particularly oil and gas law needs political consensus among all the political blocs and not only between National Alliance and the Kurdistan Alliance
And She Jameeli: that the current session of the House of Representatives is capable and is not eligible the laws تنضيج possible to reflect the will of the Iraqi voter or give hope that there is positive things possible that the improvement of bitter reality.

He had been agreed by Iraqi Prime Minister Nuri al-Maliki and President of the Kurdistan Regional Government Nechirvan Barzani during the first visit to the region days before the need to work on the adoption of important laws and regulations that will have an effective impact in solving the outstanding problems such as oil and gas law.

The United Nations criticized the end of the year 2012 delayed Iraq to approve oil and gas law while political parties demanded to pass this law as soon as possible,
The Presidency of the Council of Representatives have decided on (13 September 2012) the formation of a small committee to examine the points of contention on the law of oil and gas and the development of a new draft of the law while stressing Speaker Osama Najafi that the government is serious about working on legislation to the law through the merger of two draft bill for two years ( 2007) and (2011) pointed out the First Deputy Chairman of the House of Representatives Qusay al-Suhail that the Council of Ministers called for the adoption of the 2011 draft only.

The Iraqi government announced in (28 August 2011) for ratification of the draft law of oil and gas and decided forwarded to the Parliament for approval while the declared Office of the Deputy Prime Minister for Energy Affairs Hussain al-Shahristani in the (July 2, 2011) that the government has introduced 'some adjustments' to the draft Law of the long-awaited oil, which reviewed by the Committee on Energy Council of Ministers.

The origin of the dispute between the governments in Baghdad and Erbil due to oil contracts concluded by the region and that it considers Baghdad illegal in say the region they are based on the Iraqi constitution and bilateral agreements with the federal government and broke a severe crisis on oil between Baghdad and Erbil on the back off the Kurdistan region in (the first in April 2012) to pump oil until further notice because of disagreements with Baghdad on the financial benefits of the oil companies operating in it. / End / 3. n. r /

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&rurl=translate.google.com&sl=auto&tl=en&u=http://www.ikhnews.com/index.php%3Fpage%3Darticle%26id%3D88989&usg=ALkJrhi_lt9PPTTkQQ5ZNdiJkKzTWlqSng

4aprofit
06-21-2013, 09:33 PM
Commended the efforts of government with the start of the countdown to get rid of sanctions

BAGHDAD - morning

with the start of the countdown to the withdrawal of Iraq from Chapter VII, confirmed the parliamentary committees over the benefit of Iraq to get rid of these sanctions, expressing optimism about this important step, which promised a victory would return Iraq to its pioneer in the international arena in all fields. and recommended UN Secretary-General Ban Ki-moon in a report submitted to the UN Security Council, remove Iraq from the provisions of Chapter VII after Ivaúh all its international obligations. is expected to vote the Security Council to remove Iraq from Chapter VII Day 27 June current after Iraq's commitment to the implementation of all UN resolutions, according to sources familiar with the "Center Brief for the Iraqi Media Network." These are recommendations internationalism important achievement is calculated foreign policy success for the government.

http://www.alsabaah....w.aspx?ID=48755 (http://www.alsabaah.iq/ArticleShow.aspx?ID=48755)

4aprofit
06-21-2013, 09:38 PM
Zain parallel sectors oriented to strengthening the rights of shareholders and expects $1 billion IPO in "Iraq"

19 Jun 2013 11: 20 am

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.mubasher.info%2FISX%2Fnews%2F23 50704%2F-%25D8%25B2%25D9%258A%25D9%2586-%25D8%25AA%25D8%25AA%25D8%25AC%25D9%2587-%25D9%2584%25D9%2584%25D9%2582%25D8%25B7%25D8%25A7 %25D8%25B9%25D8%25A7%25D8%25AA-%25D8%25A7%25D9%2584%25D9%2585%25D9%2588%25D8%25A7 %25D8%25B2%25D9%258A%25D8%25A9-%25D9%2584%25D8%25AA%25D8%25B9%25D8%25B2%25D9%258A %25D8%25B2-%25D8%25AD%25D9%2582%25D9%2588%25D9%2582-%25D9%2585%25D8%25B3%25D8%25A7%25D9%2587%25D9%2585 %25D9%258A%25D9%2587%25D8%25A7-%25D9%2588%25D8%25AA%25D8%25AA%25D9%2588%25D9%2582 %25D8%25B9-%25D9%2585%25D9%2584%25D9%258A%25D8%25A7%25D8%25B1-%25D8%25AF%25D9%2588%25D9%2584%25D8%25A7%25D8%25B1-%25D9%2585%25D9%2586-%25D8%25A7%25D9%2583%25D8%25AA%25D8%25AA%25D8%25A7 %25D8%25A8-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7 %25D9%2582- (http://api.viglink.com/api/click?format=go&key=0d80ae9fe71cec9484f682bd59232f9e&loc=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8623-zain-parallel-sectors-oriented-to-strengthening-the-rights-of-shareholders-and-expects-1-billion-i%2319240&v=1&libId=f821b1da-a772-4c11-9179-1522a62d3dd8&out=http%3A%2F%2Fwww.microsofttranslator.com%2Fbv. aspx%3Ffrom%3D%26to%3Den%26a%3Dhttp%253A%252F%252F www.mubasher.info%252FISX%252Fnews%252F2350704%252 F-%2525D8%2525B2%2525D9%25258A%2525D9%252586-%2525D8%2525AA%2525D8%2525AA%2525D8%2525AC%2525D9% 252587-%2525D9%252584%2525D9%252584%2525D9%252582%2525D8% 2525B7%2525D8%2525A7%2525D8%2525B9%2525D8%2525A7%2 525D8%2525AA-%2525D8%2525A7%2525D9%252584%2525D9%252585%2525D9% 252588%2525D8%2525A7%2525D8%2525B2%2525D9%25258A%2 525D8%2525A9-%2525D9%252584%2525D8%2525AA%2525D8%2525B9%2525D8% 2525B2%2525D9%25258A%2525D8%2525B2-%2525D8%2525AD%2525D9%252582%2525D9%252588%2525D9% 252582-%2525D9%252585%2525D8%2525B3%2525D8%2525A7%2525D9% 252587%2525D9%252585%2525D9%25258A%2525D9%252587%2 525D8%2525A7-%2525D9%252588%2525D8%2525AA%2525D8%2525AA%2525D9% 252588%2525D9%252582%2525D8%2525B9-%2525D9%252585%2525D9%252584%2525D9%25258A%2525D8% 2525A7%2525D8%2525B1-%2525D8%2525AF%2525D9%252588%2525D9%252584%2525D8% 2525A7%2525D8%2525B1-%2525D9%252585%2525D9%252586-%2525D8%2525A7%2525D9%252583%2525D8%2525AA%2525D8% 2525AA%2525D8%2525A7%2525D8%2525A8-%2525D8%2525A7%2525D9%252584%2525D8%2525B9%2525D8% 2525B1%2525D8%2525A7%2525D9%252582-&ref=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8621-commended-the-efforts-of-government-with-the-start-of-the-countdown-to-get-rid-of-sanctions&title=Zain%20parallel%20sectors%20oriented%20to%20 strengthening%20the%20rights%20of%20shareholders%2 0and%20expects%20%24%201%20billion%20I%2319240&txt=http%3A%2F%2Fwww.microsofttranslator.com%2Fbv. aspx%3Ffrom%3D%26amp%3Bto%3Den%26amp%3Ba%3Dhttp%25 3A%252F%252Fwww.mubasher.info%252FISX%252Fnews%252 F2350704%252F-%2525...&jsonp=vglnk_jsonp_13718507062968)

4aprofit
06-21-2013, 09:53 PM
As far as following Moon's recommendations, I have not yet seen or read any member/s of the UN, especially at the UNSC, to not follow his recommendations. So far ALL had followed his advice and implemented it."


United Nations S/2013/357

Security Council

Distr.: General

17 June 2013

Original: English

13-36143 (E) 180613 190613

*1336143*

http://www.un.org/ga/search/view_doc.asp?symbol=S/2013/357 (http://api.viglink.com/api/click?format=go&key=0d80ae9fe71cec9484f682bd59232f9e&loc=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8618-united-nations-s-2013-357%2319237&v=1&libId=7c74fa14-b636-496d-83af-6ff7d3ceaff5&out=http%3A%2F%2Fwww.un.org%2Fga%2Fsearch%2Fview_d oc.asp%3Fsymbol%3DS%2F2013%2F357&ref=http%3A%2F%2Fnenosplace.forumotion.com%2Ft8623-zain-parallel-sectors-oriented-to-strengthening-the-rights-of-shareholders-and-expects-1-billion-i&title=United%20Nations%20S%20%2F2013%2F357%2319237&txt=http%3A%2F%2Fwww.un.org%2Fga%2Fsearch%2Fview_d oc.asp%3Fsymbol%3DS%2F2013%2F357&jsonp=vglnk_jsonp_13718508492508)

4aprofit
06-21-2013, 09:56 PM
As Iraq grapples with bombings, Arbil booms

http://illiweb.com/fa/empty.gifhttp://dam.alarabiya.net/images/f8d01965-a63b-44ae-81e7-adcf3939047c/600/338/1?x=0&y=0

As central Iraq grapples with a surge in violence and a longer-term struggle to wean its economy off a dependence on oil, Abdullah Abdulkarim stands at a car dealership in the northern Kurdish city of Arbil and smiles.

“Every day, things are getting better.”

Abdulkarim is not the only one who feels that way – the economy of the autonomous Kurdish region in northern Iraq, with Arbil as its capital, is growing faster than the rest of the country and sees none of the violence that has raged across Arab areas.

In Arbil, crowded cafes overflow onto sidewalks, customers pack out restaurants with no fear of attack and, perhaps most importantly for the three-province region’s future prospects, foreign investors appear keen to plant their flag.

“It is really easy to set up shop here,” said Jorge Restrepo, an American of Colombian origin who runs a consultancy business in Kurdistan targeting Spanish and Canadian energy companies.

“The government of Kurdistan is very open to foreigners,” he said.

Over the course of 22 years since the establishment of a no-fly zone over the region to keep out Saddam Hussein’s forces, Kurdistan has increasingly distanced itself from the rest of Iraq.

The region, comprised of Arbil, Sulaimaniyah and Dohuk provinces and their capitals of the same names, has its own president and prime minister, and the Kurdish flag flutters over government buildings.

Rather than the Iraqi army (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=267&type=2&ext=130916229815&item=130916229815) and police, the peshmerga and asayesh comprise the region’s security forces.

It is currently enjoying economic growth of 12 percent, according to its regional investment commission, while Iraq’s economy as a whole is projected to expand by nine percent this year, according to the International Monetary Fund.

And almost 800 foreign firms – the majority of them from neighboring Turkey – have so far entered the Kurdish market, apparently encouraged in particular by a 2006 investment law that exempts them from taxes on imports and profits for their first 10 years in the region.

Firms are not obliged to hire local staff, have local investors or local partners, and can repatriate their profits at their discretion, according to Kamiran Mufti, head of the regional investment commission.

But the crucial difference between Kurdistan and the rest of Iraq remains security. “Security is really the key to success,” said Ghada Gebara, head of Korek, Iraq’s third-biggest mobile phone (http://www.bizrate.com/mobile-phone/index__af_assettype_id--4__af_creative_id--3__af_id--[AFF-ID]__af_placement_id--[AFF-PLACEMENT-ID].html) operator, which is headquartered in Arbil.

Nationwide violence in Iraq last month was its worst since 2008, according to both U.N. and official figures, but Mufti said the autonomous region, by contrast, did not record a single incident throughout May.

And there are more differences. “The bureaucracy is enormous here as well, but in Baghdad, you also have religious divisions [between Sunni and Shiite Arabs], and of course the corruption,” Restrepo said.

Iraq is rated one of the world’s most corrupt countries, placing 169 out of 176 states listed in Transparency International’s Corruption Perceptions Index, but Mufti insisted Kurdish regional leaders have “implemented a plan to combat it.”

‘But now, everything is good’. Regional officials also tout an economy that they say is more diversified than the rest of the country – cement, pharmaceuticals, steel and electricity. The latter is produced in significant-enough quantities that the region exports surplus power to the neighboring provinces of Nineveh and Kirkuk which, like much of Iraq, suffer from shortfalls.

But the northern region shares one crucial characteristic with the rest of the Iraq – the heart of its economy is based on oil production.

The region has proven reserves of around 45 billion barrels of crude, or about a third of Iraq’s total reserves, according to regional officials, and its sale is the subject of tense debates.

The central government has angrily criticized Arbil for signing contracts with foreign energy firms without the expressed approval of the federal oil ministry, dismissing such deals as illegal, and slamming the transport of oil to Turkey as “smuggling.”

Gebara described the disputes – which also include a row over a swathe of territory stretching from the Iranian border to the Syrian frontier – as “healthy democratic debate,” but analysts and officials point to the disagreements as among the biggest threats to Iraq’s long-term stability.

For now, businesses in Arbil are not worried – at the dealership where Abdulkarim was eyeing a $24,500 pick-up truck, owner Hunar Majid was upbeat.

His glass-walled Toyota dealership lies at the center of the city and is packed. Majid hopes to increase sales threefold compared with last year.

At the entrance, Abdulkarim, a shepherd wearing the traditional baggy Kurdish garb, wasted little time debating whether to buy the truck of his dreams.

“Before, life was tough,” he said. “I could never pay for this truck.”

“But now, everything is good.”

http://english.alarabiya.net/en/perspective/features/2013/06/21/As-Iraq-grapples-with-bombings-Arbil-booms.html