Conference for the demarcation of the maritime border with Kuwait and Iran

12/18/2013 0:00

Nasraoui visit Saudi Arabia after Kuwait .. Basra is seeking to attract investment
Basra – Saad Al-Sammak

revealed the governor of Basra Majed Nasraoui closely conference for the demarcation of the maritime border and set up buoys with both Kuwait and Iran, according to the laws of the hybrid. comes at a time when it was announced Nasraoui closely to visit Saudi Arabia to discuss the prospects of investment after the visit was described as ” Successful “of Kuwait. said the governor of Basra in a statement the” morning “, that” the conference will be held a special demarcation of the border and set up buoys marine accordance with the laws internationalism to end stage Altharb and tension in the North Arabian Gulf and to strengthen the national economy. ”

Iraq, Kuwait sign letter of understandings: Geography, economics elevate political coordination

Seeks two neighboring countries, Iraq and Kuwait to overcome the effects of past painful, and highlights them, the Iraqi invasion of Kuwait in the era of the former regime Aallgay 1991.

In a sign of the relations between the two countries to their overriding a lot of differences, particularly the border, and reparations to Kuwait in the last period.

Gulf News: Four GCC countries to announce common currency by end-December

Published: 19:12 December 1, 2013

Dubai: Four Gulf Cooperation Council (GCC) countries will announce the introduction of a common currency by the end of December, a Bahraini daily reported on Sunday.

HCL Law to be discussed in next legislative session, remains a controversial law

Oil parliamentary reveal for “Khandan” the latest developments in the file oil and gas law
05:11:22 / 11/2013

Khandan – Zia-Khalifa revealed to the Commission on oil and energy parliamentary about the latest developments in the file legislation to oil and gas law controversial among Iraqi political parties and between the federal government and the Kurdistan Regional Government and the rest of the provinces.

Iraq is ranked 130 in global economic prosperity index 2013

Saturday, October 09, 2 / November 2013 11:48

Iraq finished [130] index globally in terms of economic power and in accordance with the general index for the welfare of the annual prosperity through the year 2013 issued by the Institute [يغاتوم] British in London, which included 142 countries around the world.

The report points out that “most people would agree that economic prosperity is not just material wealth, and so they take into account the indicators reflect the happiness and satisfaction of citizens in their daily lives, and their ability to build a better life in the future.”

Maliki reveals U.S. Will act as mediators to normalize relations with Saudi Arabia

Saturday, October 09, 2 / November 2013 10:50

Prime Minister Nuri al-Maliki for the U.S. to re-mediated normalization of relations between Iraq and Saudi Arabia.

Maliki said in an interview televised seen him and all of Iraq [where] “There is a role of mediation U.S. to restore relations between the two countries,” Yes they are doing now, this role has been tried before, “adding,” They [the officials Saudis] if they want to change direction and establish a level playing field and good neighborliness and common interests enjoy and stay easy and I’m ready to officials received them or to visit Saudi Arabia to end this dispute. ”

Iraq plans to be the largest exporter of crude oil in the world

10/30/2013 12:00 AM

predicted a specialist oil that there is a change in the course of marketing policy of Iraq’s oil and toward the Asian market, which is a good indication of the acquisition Iraq it, founding it on the country’s progress because increases export capacity of crude oil in order to acquire the Asian market.

comes at a time encouraged where that Iraq has excess capacity of crude oil in the coming years, as it determines the role of Iraq’s future as a key regional oil market. marketing policy and former oil minister, Dr. Ibrahim Bahr al-Ulum said in a statement to the (morning): “The marketing policy of oil within The current plan successful and need to find buyers in the Asian market, especially China and India, as it would guarantee supplies to accommodate hops production expected production from oil fields new task fields crazy and Badra and others will enter the product line in the near future. ”

Deputy: Iraq ranks fourth globally in terms of oil reserves by more than 140 billion barrels

16-09-2013 12:39 PM
Baghdad (newsletter). Vice-Chairman of the Committee, said the Deputy of the Kurdistan blocs Coalition/Ahmed Faizullah, Neil Iraq ranked fourth on the world level in terms of its known oil reserves, with more than 140 billion barrels, and the proportion (11%), to the third place after exploring new oil fields.

He said Faizullah (News Agency): the International Energy Agency issued a report on oil reserves in the world, noted that Venezuela was ranked first with an estimated reserve (297) and 715 million barrels, and a percentage (23%).

Iraq ranks 6th in the number of wealthy in the Middle East

Baghdad / Mesalla: the company issued (Wealth – X), specialized in the various information and details for the world’s rich and the distribution of wealth around the world, the 2013 report on the distribution of the world’s rich and their fortunes in the five continents.

According to the report, the total wealth owned by the richest man in the world comparable to (according to its estimates for this year) 27.8 trillion, owned by 199 thousand and 235 chandelier in the world, mostly concentrated in America.

U.S. study: Iraq may be the most stable in the current decade

Editor: AJ 08/28/2013 18:33 Number of Views: 2435

Inferred from a study published by the site Americans known to Labhat Strategy, is the site of “Project Sindikaat” New York-based, that Iraq is the most Thaaa to achieve greater growth rates in the region, in the remaining years of this decade, if it succeeded in doubling its oil production, and taking him to 6 million barrel, at least, in the year 2020.

US embassy in Iraq resumes activities

Monday, 05 August 2013 11:17

The US embassy in Baghdad and its Consulates in the Iraqi provinces resumed its activities on Monday after it was suspended on last Sunday for security concerns.

The US embassies and Consulates were closed on last Sunday in each of Iraq, KSA, UAE, Libya, Algeria, Jordon, Egypt, Bangladesh, Qatar, Afghanistan, Sudan, Kuwait, Bahrain, Oman, Mauritania, Yemen and Djibouti.

Muhammadawi: Most prison escapees have been captured

08/01/2013 08:39

The Secretary-General of the coalition of the Sons of Iraq fervent Sheikh Abbas Muhammadawi, said on Thursday that “most of the criminals escaped from the prison of Abu Ghraib had been arrested by the security services, and still some of them are hiding in different parts of Baghdad and its outskirts.”

IMF: Iraq will be a prime contributor to the processing of the international oil market and we expect the growth rate of up to 9%

International Monetary Fund (IMF) expects Iraq to be a prime contributor to global oil-friendly

Editor: BK, BS 24/07/2013, 17:44

Said the International Monetary Fund, said on Wednesday that Iraq has become one of the leading countries oil production, as ranked second largest oil producer in OPEC and the third largest global exporter and fifth at the level of reserves estimated at 143 billion barrels, while expected to continue to expand oil production Iraqi the medium term to be key contributors to the oil-processing of the international market, despite the suffering of the challenges, the country is facing major financial challenges after three decades of siege and war, as you need to convert its oil wealth into assets based upon the processes of reconstruction and development continuously.

Iraq is preparing to form committee to identify common oil wells with Kuwait

Revealed an official source at the Oil Ministry, on Monday, that Iraq is in the process of the formation of special committees to determine joint oil wells with Kuwait and will be concluded to the two sides cooperated in the development of these wells under a special agreement between the two countries so as to ensure the interest of both parties may be international supervision.

The source, who preferred not to be named, in an exclusive interview with “Awan”, that “this is the first step toward solving one of the problems inherited from the previous regime and the relationship between the two countries.”

Iraq House of Reps expect 20 laws to be passed over the next period

Expectations enactment of 20 laws during the coming period

It seems that the positive atmosphere of dialogue between the political blocs began a reversal on the work of the House of Representatives to pass the law, as it is expected to pass about 20 legally disabled during the next few days after it has been agreed upon.

This is what he referred to deputies, who confirmed that the strategy will depend on the new Parliament to pass laws that do not face disputes the constitutionality of political consensus, as will be deported laws that need to constitutional amendments to the next parliamentary session.

Economists: the commercial Corridor project with neighboring countries will drive the economy in the country

05-05-2013 12:16 PM

Baghdad (News)/report/bahtik/… Seeking Iraqi Ministry of reconstruction and housing construction road lines and iron train railway linking the capital Baghdad to neighbouring capitals, with a view to promoting commercial exchanges between Iraq and surrounding countries.

The Iraqi Government approached the Governments of neighbouring States on the implementation of the trade corridor project, and expressed their readiness to implement the project, because the common interests of all States in the region.

Iraq falls to fifth in the world oil reserves behind Kuwait, Saudi Arabia and the United Arab Emirates

04/05/2013

BAGHDAD / JD / .. Said a new international report on global oil reserves that Iraq ranked 5 solution within the 10 states with the highest stock, came first in the Kingdom of Saudi Arabia.

According to the report, seen by Agency / JD /: 4 Arab countries of existing Samn, namely Kuwait, Saudi Arabia and the United Arab Emirates and Iraq.

10 prize has been solved Nigeria Banaati the oil up to 37 billion barrels, followed by Libya in the ranking 9 Banaati up to 46 billion barrels.

Iraq, a strategic corridor for trade neighboring countries international and regional funding

Published on Saturday, April 27 / April 2013 10:11

expressed the Islamic Development Bank (IDB) Saudi Arabia’s willingness to provide funding and technical support to a project that aims to make Iraq a strategic corridor for trade with neighboring countries, including Saudi Arabia.

According to the Kuwaiti newspaper Al-Nahar in its Saturday edition, the Minister of Construction and Housing, Mohammed al Darraji reached with the Islamic Development Bank (IDB) Saudi Arabia to common understandings about the project.

Iraq’s per capita income is less than in the underdeveloped countries

04.21.2013

Gradually turns attention to the affairs of Iraq, and now has become a focus in the newspapers and research centers on the amount of the steadfastness of the democratic experiment and the relationship of Baghdad, Arbil and the level of living and economic development.

And published CNN that American article within these frameworks entitled »Is it possible for Iraq to reach its oil» which she said: the debate about whether the war in Iraq for oil, or else did not reach the result, but one thing is for certain that the money began to flow profusely on Iraq.

GDP has risen to several times after the war. Nevertheless, the Iraqi per capita income is lagging behind that of the oil-rich neighboring countries such as Kuwait and Saudi Arabia, but also underdeveloped countries start-ups in the economic development including Botswana, Turkmenistan and Albania. This is despite the fact that Iraq sits on the fourth largest oil reserves in the world and could double its production in the next few years.

The question is: Will Iraq be able to access his abilities?

Iraq is currently pumping about 3 million barrels per day, but the International Energy Agency said recently: that Iraq could be pumping
more than any other product of oil if the main dilemmas has been resolved – governance, deteriorating infrastructure and inadequate water supply -.

In order to exceed Iraq, Russia and even Saudi Arabia, it would need to invest about $ 530 billion in the infrastructure of the country, according to the International Energy Agency. But even if Baghdad was able to mobilize this level of investment from oil revenues, they face some of the political challenges unique and that can also be disabled, including the tensions between the central government and the Kurdistan Regional Government in northern Iraq.

Iraq: Lower oil prices could affect budget operating revenue

Baghdad (newsletter). Commission decision ruled out oil and energy Deputy/Kurdistan blocs Coalition/Kassim Mohamed Kassim, affecting oil prices in OPEC revenue budget, saying its impact on the abundance of financial income and reliable projects.

Kassim (News Agency): budget (2013) developed on the basis of the price of a barrel of oil (90), world oil prices drop below the 90 dollar unlikely, due to the increasing world petroleum needed.

Iraq’s oil reserve up to 150 billion barrels; Ranked third globally behind Saudi Arabia and Iran

10/04/2013 21:18:00
Baghdad (NINA) – Minister of Oil, Abdul Karim Luaibi, announce increase in Iraq’s oil reserve up to 150 billion barrels.

In a statement to the press on Wednesday, Apr. 10, spokesman for the Ministry of Oil, quoted Luaibi saying, “Iraq’s oil reserve increased up from 143.1 billion barrels to more than 150 billion barrels, as a result of new discoveries; it is expected to increase even more.

Iraq’s economy after the invasion

Economy

11-04-2013 12:53 PM

Iraq’s economy is still ten years after the invasion which suffers legacy of the war and its aftermath of the repercussions have affected the lives of millions of Iraqis .. However it is hoped that Iraq can overcome those difficulties depending on its oil wealth.

MP: Kuwait is not cooperating with Iraq by reducing debt owed; Still takes 5% of Iraq’s oil revenues

March 17, 2013
Criticized Deputy for the rule of law continuity of Kuwait by taking money from the Iraqi people, describing it as a state is not cooperating with Iraq

Unemployment rate in Iraq at high levels internationally and within Arab region

Iraq solves ninth in the world and third in Arab highest level of unemployment

03/03/2013

Iraq solution ranked ninth in the world and the third Arab unemployment at its highest level.

The latest available data, the Gulf States: recorded unemployment rates in most Arab countries, record highs in 2012, especially in the countries of the Arab Spring, Mauritania, Palestine, and race. The Gulf Emirates recorded the highest unemployment rate among the countries of the Cooperation Council for the Arab States of the Gulf.

US documents: Saddam Hussein wanted the wealth of Kuwait to fund nuclear weapons

Date: Saturday 03/02/2013 07:47 pm

Revealed confidential military documents to the U.S. Department of Defense, that Saddam Hussein sought in invasion of Kuwait to acquire wealth to finance and acquire nuclear weapons.

The documents said that Saddam Hussein «had wanted to use the wealth of Kuwait to speed up the acquisition of nuclear weapons and chemical and biological weapons, to expand and improve the stock of ballistic missiles », indicating that« it was likely after the occupation of Kuwait moving to Saudi Arabia ».

Foreign Affairs Member: Much success towards Chapter VII release – Need to focus on Arab support; Internal differences and a weak external role behind Chapter VII delays

Parliamentary Foreign Affairs: internal differences and weak role Alaqlpma and behind the delay in the withdrawal of Iraq from Chapter VII
02/25/2013

Ezzat member of the Foreign Relations Committee, the parliamentary Safiya al-Suhail, delayed exit Iraq from Chapter VII of the current of the internal disputes led to “weaken the role externally as an effective and powerful.”

Economist: resumption of air links with Saudi Arabia and Kuwait will boost economic relations with the Gulf States

Date: 2013-02-21 13: 09: 02 Thursday

Baghdad (newsletter). Economist Abdul Sattar Al-Hashemi stressed that the resumption of air links with Kuwait and Saudi Arabia will boost economic and trade relations between Iraq and the Gulf through Gulf investors attracted to work in the country.

He said al-Hashimi (News Agency): economic and trade relations between Iraq and the Gulf States will be retried again after a long break over 23 years after the initiative of resuming flights between Iraq and Kuwait and Saudi Arabia States.

International Law (UN Charter) requires Iraq and Saudi Arabia to establish good neighborly relations, says legal expert

The legal expert Tareq Harb, said Tariq Harb: International law requires Iraq and Saudi Arabia to establish good neighborly relations, in reference to the closeness of the relations between the two countries.

He said the war: that the announcement Saudi Arabia this Wednesday, re-run flights to Iraq and announcing a few days before opening diplomatic representation in Baghdad and visiting Iraqi delegation to console the death of Saudi Prince and the emergence of many references to position the new Saudi requires the Iraqi government to work hard to open a new page for the Saudi-Iraqi relations.

Revenue figures reveals disparity havoc in the Iraqi customs

14-02-2013 08:00 AM

Amazed expert in the field of management of the Iraqi border ports Arslan Salim Abbasi, the big difference between the revenues declared by the Directorate General of Customs and those announced by the Government within the draft general budget.

He said in a press statement that «the General Administration of Customs announced officially that the proceeds of duties on goods last year exceeded $ 400 million has doubled in the event of the application of tariff law frozen three years ago.

Maliki calls on Arab axis to counter protestors

Maliki refuge in Saudi Arabia and calls for the formation of a coalition Iraqi – Iranian Kuwait – Saudi to counter neo-Ottoman and Qatar!!
Date: Sunday 02/10/2013 09:16 AM

Attacked Iraqi Prime Minister Nuri al-Maliki what he called the country Turkish role in the recent protests taking place in Iraq, hinting at his desire to hunker Arab axis includes Saudi Arabia, Kuwait, Jordan and the Arab states from Morocco, in addition to Iraq.