Forum: Iraqi News Feeds

Starting September 1, the Central Bank of Iraq (CBI) has announced it will be reducing the required reserve rate (RRR) from 20% to 15%. As this move frees up an additional 5% of deposits for the banks to lend out, you might think it would be positive for loan growth and stimulative for the economy...

DNO’s shares were up 0.9% in mid-morning trading on the Oslo stock exchange, following the release of July production figures. DNO’s working interest production increased from 23,478 bopd in June to 27,279 bopd in July, and net entitlement production increased from 15,135 to 17,621 bopd. The...

National Overview The total number of hostile incidents reported nationally was 125 this week, down from 132 incidents during the last reporting period. There was a significant rise in the number of recorded incidents in the north central region with slight rises in the west, south central and...

Iraq’s core inflation continued to slow in July, dropping to an annual rate of 1.7 percent from 2.7 percent in June, a central bank official said on Monday, according to a report from Reuters. The bank gave no immediate explanation for the fall in core inflation, which excludes expenditures on...

AFP reports that 90 percent of the $1.9m batch of US-purchased computers destined for schoolchildren but allegedly sold off on the cheap have been recovered. As we reported on Saturday, an unnamed senior official at Umm Qasr port had reportedly misappropriated the gift and auctioned the...

Iraq's core inflation continued to slow in July, dropping to an annual rate of 1. Read the entire article at IraqDirectory.com. . Post your thoughts below...

Asiacell Becomes the First Iraqi Company to Implement a Full-Fledged Enterprise E-Recruitment Solution Read the entire article at IraqDirectory.com. . Post your thoughts below...

Malaysian companies have been invited to invest and participate in the reconstruction of war-torn Iraq, especially in the electricity, housing, transportation and health sectors. Read the entire article at IraqDirectory.com. . Post your thoughts below...

Iraq's oil minister said Sunday that Baghdad will consider abiding by OPEC quotas once its crude production increases to at least 4 million barrels a day in two to three years. Read the entire article at IraqDirectory.com. . Post your thoughts below...

Iraq says Kurd gas deal with Germany's RWE illegal http://www.iraqdirectory.com/DisplayNews.aspx?id=13723

The decision of the Central Bank of Iraq (CBI) to release 5 percent of cash reserves is a step toward reinforcing the role of the private sector in the Iraqi economy, a banker said on Saturday. Read the entire article at IraqDirectory.com. . Post your thoughts below...

Russian energy company Lukoil and partners have issued a tender for seismic surveys at Iraq's West Qurna Phase Two oilfield, according to a statement published on Saturday. Read the entire article at IraqDirectory.com. . Post your thoughts below...

The Governor of the Central Bank of Iraq, Sinan Al-Shabibi, tells The Wall Street Journal’s Jon Hilsenrath, how Iraq managed to control inflation and what lies ahead for the rebuilding country’s economy. Read the entire article at IraqDirectory.com. . Post your thoughts below...

We are to consider today Internet and e-commerce industry of one of the Arabic countries, located in Western Asia, Iraq. Read the entire article at IraqDirectory.com. . Post your thoughts below...