Archive for October, 2011

During a meeting with UN Secretary-General of the United Nations in Iraq
Mr. Hakim confirmed the need to work out for Iraq from Chapter VII

Said representative of the Secretary General of the United Nations to support the International Organization for the initiatives and efforts of al-Hakim in the involvement of the youth for success and progress of the political process in Iraq and invest their energies and their potential in the massive construction and reconstruction in the country.

This came to the reception the President of the Supreme Islamic Iraqi Council to Mr. Martin Kobler representative of the Secretary-General of the United Nations in Iraq, the Office of His Eminence in Baghdad Thursday, 27/10/2011.


Baghdad (news) .. Said President Jalal Talabani that Iraq sought to expanding friendly relations of fruit with the countries of the world because of its positive impact on the overall political process.

and the transfer of the Information Office of the President in a statement received by the Agency (news) a copy of it with him Talabani as saying: During receiving the credentials of Ambassador Czech new ambassador to Iraq Joseph Wrabek Iraq and the Czech Republic share a historical relationship strong and we look forward to strengthen it, and expressed Iraq’s desire to establish better relations between the two countries in all spheres of political, economic, cultural and other fields.


27/10/2011 14:16

Baghdad, October 27 / October (Rn) – A source familiar with the discussions between the governments in Baghdad and the Kurdistan region on Thursday, for the three committees joint was its composition between Baghdad and Erbil, to develop solutions for the files pending has completed its tasks and submitted their reports to Prime Minister Nuri al-Maliki for consideration and issuance of official position.

The delegation arrived in the Kurdish negotiating team headed by the Prime Minister of the Kurdistan region to Baghdad on 24 this month, and meetings with Prime Minister Nuri al-Maliki and Parliament Speaker Osama Najafi, and the delegation stressed the positive discussions held. (more…)

Baghdad and Erbil Taatouselan to positive results on the outstanding Mufat
27/10/2011 14:28

Erbil, October 27 (Rn) – the head of the President of the Kurdistan region said on Thursday that Baghdad and Arbil have reached positive results and agreements on the issues of oil and gas, and the salaries of the Peshmerga forces and Article 140 of the Iraqi constitution.

Said Fouad Hussein, a member of the delegation of the Kurdistan region to Baghdad to resolve the outstanding issues between Baghdad and Erbil, told the Kurdish news agency (Rn) that “the delegation of Kurdistan headed by Prime Minister Barham Saleh held a meeting yesterday evening with the President of the Federal Government Nuri al-Maliki, to discuss the mechanism to address problems the relationship between Baghdad and Erbil. ”


Baghdad: Naseer Ahmed
Called the new Iraqi Minister of Electricity Karim Al Aftan U.S. banks financing the electricity sector projects through the U.S. Embassy in Baghdad. The Minister of Electricity Karim Aftan engineer, he made a covenant at the same rate of advancement of electric power system in the country, expressing optimism about the future of the electricity sector.

This came during a meeting Aftan Ambassador James Jeffrey and his accompanying delegation, expressing his happiness on the cooperation of the U.S. side and support for the electricity sector through the American manufacturing companies like General Electric, which promise to his best interface for the United States of America, as well as praising the banks the U.S., calling on them finance sector projects electricity through the U.S. ambassador.


Posted 27/10/2011 05:10 AM

BAGHDAD – Babinaoz: Detect financial source for the withdrawal of illegal money and deposits and the very large sums for the purpose of being smuggled out of Iraq,

according to news agency the future and said: this process is happening in the branch of Rasheed Bank, which holds 501 per session, noting that a group from within the bank the same is the implementation of this process.

The source urged the Integrity Commission and the Integrity Commission and the Office of Parliamentary financial control to immediately intervene to stop the violation of legal and conservation of public money.

10/26/2011 4:55 PM

BAGHDAD / Aswat al-Iraq: The head of the Parliamentary Ahrar bloc Baha’ al-Araji disclosed today that information is available indicating that some private banks are financing armed groups and al-Qaeda organization, pointing out that his bloc hosted the governor of the Central Bank of Iraq Sinan al-Shibibi to discuss the situation of the Iraqi economy following U.S. forces withdrawal.


information that private banks to finance some of the elements of the armed forces and al-Qaeda,

Indicating that the mass hosted the Central Bank Governor Sinan Shabibi to discuss the conditions of the Iraqi economy after the withdrawal of U.S. troops from the country.

They said in a press conference held at Parliament House that «there is confirmed information indicating that some private banks financed terrorist groups and al-Qaeda in its military operations against the sons of the Iraqi people ».


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UN envoy in Iraq on a tour of the disputed next week

Baghdad, October 27 / October (Rn) – The United Nations envoy in Iraq, Martin Kobler on Thursday, he will begin early next week to tour the disputed areas between Baghdad and Erbil to work to find formulas for understanding between the people of those areas before the withdrawal of the U.S. Army in the end of this year.

And recognizes the veteran German diplomat Kubler his duties as envoy to the United Nations in Iraq in August / August substitute for Dutch Ad Melkert to oversee the activities of the organization of international political, economic and humanitarian there.


GENEVA — A U.N. panel has approved another $1 billion in compensation payments for victims of Iraq’s 1990 invasion of Kuwait.

The U.N. Compensation Commission says the money will go to four companies and four government or international bodies. It did not disclose the identities of the claimants Thursday but said all are in Kuwait.

Read more:

Baghdad (news) .. According to a member bloc citizen and MP / National Alliance / Aziz Ugaili that Prime Minister Nuri al-Maliki gave all powers to the Minister of culture, Saadoun al-Dulaimi, the Agency of the Ministry of Defense and Adnan al-Asadi of the Ministry of the Interior, pointing at the same time: that Maliki dismissed the ministers of security .

The House of Representatives has voted by majority to give confidence to the government of Prime Minister Nuri al-Maliki, without the security ministries on 21 December last year.


On: Wed, 10/27/2011 13:58

Baghdad (news) .. Minister of Industry and Minerals Ahmed Nasser Daly Karbouli During his meeting with the representative of the World Bank to Iraq, Maria Helen Baraknl ways to develop the industrial sector in Iraq Pkavath sectors of public and private, mixed and strengthen its role in supporting the Iraqi economy.

He Karbouli in a statement received by the Agency (news) a copy of it today Thursday: During the meeting, the need to develop strategic plans and future development ministries and sectors of the state all through the development of human resources and the transfer of modern technology and keep pace with progress in the developed countries, especially after the destruction of infrastructure during the events of 2003


Fatlawi: House of Representatives shall Allku part of winning in the end positions by proxy

Confirmed the MP for the coalition of state law Hanan al that the House of Representatives shall Allku part of winning in the end positions by proxy.

The Fatlawi told all of Iraq [where] the day that “the House of Representatives has a list of candidates to fill some government positions that currently run the agency and its members to vote on the list of candidates and an end to this file instead of the media statements critical of him.”


Parliament prepares to Policy Council

Posted 27/10/2011 06:53 AM

BAGHDAD, – range: it is almost certain not to the formation of the National Council of the Supreme policies after taking the legal representative unwillingness of many people in it, because his current violation of the Constitution which is difficult to approval because the latter is the supreme law in the country and is considered by virtue of falsehood of any legislative provision inconsistent with

If ruled out of the Legal Committee of Parliament , The second reading of the bill of the National Council of the policies within the Parliament.


10/27/2011 9:08

Baghdad (news) .. According to a member state of law and MP / National Alliance / Saad, logistical, not an intention of the political blocs to read the Law of the National Council of the Supreme policies a second reading in Parliament of the difficulty passed

was the existing Iraqi President Iyad Allawi, has said giving up the presidency of the Council, saying: I declare that I refuse to be at the head of the Policy Board or a member of it, despite that this Council is of the elections and the approval was based on political consensus.


The rush is on for exploration and production real estate in Iraq.

Companies with promising licences, or existing operations, are clearly very desirable to potential investors, and so have had little difficulty tapping the markets for more funds. In recent weeks alone we’ve seen:

  • WesternZagros Resources raise C$46 million from the Abu Dhabi National Energy Company PJSC (“TAQA“);
  • Gulf Keystone successfully raising $200 million to fund its exploration programme;
  • ShaMaran Petroleum announcing $50 million private placement. (more…)

The latest daily currency auction was held in the Central Bank of Iraq on the 27-OCT-2011. The results were as follows:

Number of banks 23
Auction price selling dinar / US$ 1170
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 176,302,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 176,302,000
Total offers for selling (US$) —–

27/10/2011 10:57

Baghdad, October 27 / October (Rn) – was launched Thursday in the Turkish city of Istanbul on the activities of an international conference organized by the Iraqi telecommunications (nee meet) the British to discuss mechanisms for the development and the reality of communications in Iraq.

Participants in the conference from Iraq and Communications Minister Muhammad Tawfiq Allawi and the Communications Committee and the Parliamentary Service managers mobile company in the country in addition to the directors of major companies, Internet service operating in Iraq.


The auction No. C45 for Central Bank of Iraq bills based on a uniform price auction for IQD 100’000’000’000 par value  for the bills concluded on the 25-10-2011.

The total public bidding is IQD 170’000’000’000 and the cut-off yield (the highest yield of the  successful bidder) determined by the auction was 7.00%. (more…)

2011-10-26 17:43

Neighbors said Ghada powerful chief executive of the company Korek Telecom Iraq, told Reuters on Wednesday that the company will launch the BlackBerry mobile service in the country in November.

She said on the sidelines of a telecoms conference that the Cork partly owned by France Telecom and Agility now has three million subscribers, which makes its market share of about 13 percent.

And Chief Executive Officer of Zain Iraq and the competition of the Zain said on Wednesday that the company controls 53 percent stake of the market of mobile subscribers in Iraq.


27/10/2011 09:00

Baghdad, October 27 / October (Rn) – The Adviser to the Prime Minister for the national reconciliation Thursday, that the file of reconciliation with the armed factions will be closed to leave the U.S. forces of the country end of this year, noting that it did not join the project of reconciliation is still practiced his work will be outside the law .

The number of armed factions in Iraq more than 50 factions, each operating under the command of al Qaeda, such as the “Islamic State of Iraq” and others include formations of the former Iraqi army and the Baathists, including the “Islamic Army”, while active in the southern Iraqi factions supported by Iran, most notably the “Party of God” Iraq and the “League of the Righteous.”


Erbil, October 27 (Rn) – The head of the Liberal Party, one of the components of the Sadrist movement, the Iraqi Council of Representatives bloc that supports the de-Baathification law of the state institutions, and urged not to grant any member of the ranks of the Baath and a decent job in the state.

He said Prince Kanani told the Kurdish news agency (Rn) that “the efforts by Iraqi Prime Minister Nuri al-Maliki to arrest leaders of the outlawed Baath party is a serious step toward achieving security and stability in the country, to prevent to allow them to carry out schemes threaten national security, after the U.S. withdrawal from Iraq by the end of the year “.

Babylon (news) .. Prime Minister Nuri al-Maliki during his visit today to the province of Babylon that the government will forward the large projects in the provinces to Arab and foreign companies large stressing the need to take punitive action against companies lagging and unable

to implement the projects. calling for international companies to enter the the Iraqi market and investment in Iraq.

He also called on Prime Minister provinces to combat corruption and beaten with an iron fist.
On the security situation, the prime minister said that Iraq is capable of managing the security file, efficiently and will prove to the world that.

Breaking: European leaders have secured a deal to reduce Greece’s debt, including a 50% writedown of Greek bonds

imageThe head of the Liberal: the Iraqi economy will improve after the departure of U.S. troops from Iraq

The head of the Liberal parliamentary Bahaa al-Araji, at a conference in the House of Representatives with the various Iraqi political blocs and the host central bank governor, “Shabibi” that the Iraqi economy will improve after the departure of U.S. troops from Iraq.

Araji said the reporter (and independent Iraqi news agency) “that there are four important things were discussed with the Governor of the Central Bank of Iraq’s economic future, first after the occupation and how to restore economic activity through the profits to be provided by the Iraqi economy.


Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh, the fact that the interest rate compared to the current inflation rate is negative 1%, indicating that lingered in the Central Bank to take measures in accordance with the theoretical mechanisms to counter this decline is due to the negative free interest rates of commercial banks under System of financial liberalization that has occurred since 2004.

Saleh told the correspondent of news agency Baghdad International that the highest interest rate is positive and relates to the monetary policy of the Central Bank of Iraq is what has been achieved in the month of January of this year, which amounted to 3% in the affirmative, noting that the central bank to take a standard in calculating the interest rate is that interest rates real and positive, which is calculated by calculating the interest rate minus the inflation rate basis. (more…)

Member of the Committee criticized the economy and investment in the parliament, deputy Amer Al-Fayez inability of the government sector to provide jobs for the unemployed and reduce the unemployment rate, calling for the activation of the private sector to take its role in investment to address the phenomenon.

He said in a press statement yesterday, “the government sector is unable to absorb unemployment and country can be totally dependent on this sector through the provision of employment opportunities, as a result of its functions and projects Ltd., he can not accommodate large numbers of unemployed. (more…)

Hundreds of officials from Iraq’s 12 microfinance institutions participated in the recently organized Inclusive Financial Services Stakeholders Conference in the northern city of Erbil in Iraq.

The conference attracted Iraqi policy makers, international rating institutions, donors, commercial bankers, the Central Bank of Iraq (CBI), the NGO Directorate and representatives from the U.S. Agency for International Development.


BAGHDAD – Hussein Tgb Tamimi said Shabibi Governor of the Central Bank of Iraq Central Bank of Iraq has the strength of major defense maintains the exchange rate of the coin is the size of huge cash reserve and the largest in the history of Iraq.

He said in an interview (morning) that in the cash economy no such thing as an attack currency and central bank reserves that can confront any step is trying to confuse reality currency investors by assuring the stability of the currency and noted that the Central Bank adopted a monetary policy that contributed to the economic development that provide overall stability.

Alsumaria News / Baghdad denied the Iraqi Central Bank, on Wednesday, claimed responsibility for the loss of the $ 17 billion from the Development Fund of Iraq, which was created after the war in 2003, stressing that the Bank’s mandate in the management of the Fund was a formality in the era of U.S. civil administrator Bremer.

The deputy governor of the Bank CBI appearance of Mohammed Saleh in an interview for “Alsumaria News”, “Development Fund for Iraq, which opened on behalf of the Central Bank of Iraq and let the Reserve Bank of American, not the central bank responsible for the administration, but the power to dispose of withdrawals and deposit and orders of exchange were the responsibility of the Governor L. Paul Bremer, “noting that” the Bank had the powers of formal and not real in the management of the Fund until the receipt of Iraqi sovereignty on 28 June 2004. ” (more…)