" The Dinar Daily ", Wednesday, 10 September 2014
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  1. #1

    " The Dinar Daily ", Wednesday, 10 September 2014

    Today is day two of victory in the eviction of Maliki or " VEM - Day 2 ".

    and

    The Iraqi parliament adjourned its session till next Tuesday September 16, 2014.

    http://www.alliraqnews.com/en/index....-session-.html
    Last edited by chattels; 09-10-2014 at 12:11 PM.



  2. #2

    Currency Auctions

    Currency Auctions

    Announcement No. (2767)

    The latest daily currency auction was held in the Central Bank of Iraq on the 10-9-2014 the results were as follows:

    DETAILS NOTES
    Number of banks 15
    Auction price selling dinar / US$ 1166
    Auction price buying dinar / US$ -----
    Amount sold at auction price (US$) 181,154,000
    Amount purchased at Auction price (US$) -----
    Total offers for buying (US$) 181,154,000
    Total offers for selling (US$) -----

    Exchange rates ( 1,203 Market Price * Since September 1, 2014 http://www.cbi.iq/documents/CBI_FORE...E_AUCTIONS.pdf )

    http://www.cbi.iq/index.php?pid=CurrencyAuctions

  3. #3

    Abadi, Kerry discuss latest development in Iraq

    Abadi, Kerry discuss latest development in Iraq

    Wednesday, 10 September 2014 12:48

    Baghdad (AIN) –The Prime Minister, Haider al-Abadi, received the US Secretary of State, John Kerry, on Wednesday.
    Informed source stated to All Iraq News Agency "Abadi received Kerry at his office in Baghdad on Wednesday."
    "They discussed the political and security updates," the source concluded.

    http://www.alliraqnews.com/en/index....-in-iraq-.html

    and

    Abadi, Kerry Discuss Bilateral Relations, Mobilize International Support To Fight Islamic State

    10/09/2014 11:52:00

    BAGHDAD / NINA / Prime Minister, Haider al-Abadi discussed with the secretary of State, John Kerry bilateral relations and international efforts to mobilize support to fight the Islamic State organization during their meeting today in Baghdad.

    Kerry has arrived this morning coming from Saudi Arabia for an official visit .

    http://www.dinarupdates.com/showthre...3831#post73831
    Last edited by chattels; 09-10-2014 at 11:57 AM.

  4. #4

    Kurds deny exposure to American pressure to participate in a government-Abbadi

    Kurds deny exposure to American pressure to participate in a government-Abbadi

    Wed Sep 10 2014 07:51 | (Voice of Iraq)

    («Middle East»): Washington showed us the pros

    Erbil: Dilshad Abdullah Baghdad: Masum

    Raondzi revealed Faryad, a spokesman for the Kurdish negotiating delegation and leader of the Patriotic Union of Kurdistan, about Washington's role in persuading the Kurdish side to participate in the federal government, headed by Haidar al-Abbadi, denying that the American side had exercised any pressure on the Kurdish political leadership.

    He Raondzi told «Middle East» yesterday that «the United States considers itself an ally of the Kurds in Iraq, so it showed the political leadership of the Kurdish point of view about the participation of Kurds in the Iraqi government, and assured us that this review will be in the interest of the Kurds and Iraq's interest, as well as in the interest of United States, because it will facilitate the implementation of Washington's military operations against (Daash) in Iraq, and the expansion of the international coalition to hit the organization ».

    He pointed out that the leader of the Kurdish American side «explained the positive aspects of the Kurds for their participation in the government of Abadi and negative aspects of the lack of participation in».

    Zana Roustaaa, a member of the negotiating committee of the Kurdish Islamic Group in Kurdistan, denied that, too, is subjected Kurdish side pressure, and told «Middle East»: «There was no American pressure, but the decision to participate was commissioned by an American, and Washington urged the Kurdish leadership to participate Abadi in government, because there are significant changes will occur in Iraq in the near future, so in the interest of the Kurds to participate in this government ». He added that the American side and the United Nations ahead guarantees for the Kurdish leadership in return for participating in the government, pointing out that these safeguards contained in support of an American to the demands of the Kurds from Baghdad, said: «Washington assured us that they will be with us full weight until the implementation of all our demands and resolve all the issues between us and Baghdad» .


    For his part, said Aram Sheik Mohammed, Second Vice-President of the Iraqi parliament for the MDC, led by Mustafa Nushirwan, that «the United States is part of the political process in Iraq, which is entered on line negotiations between Baghdad and the Kurdistan region as a mediator to resolve the outstanding problems between the two parties, so There was no pressure by the Americans on the Kurdish side of the post in the federal government ».

    And around the center of the Kurds and their weight in the government of Haider Abadi, during the next four years, said Sheikh Mohammed: «This depends on how the unity of the Kurds in Baghdad, and the extent of their ability to communicate speech unified the various issues in Iraq, and the extent of adherence to the Kurds to their cases in Iraq and not swapped positions and privileges. . All of this will determine the strength of the Kurds in the coming years, and does not depend on what will be presented to the Kurds Abadi, or what not provided ». He said Sheikh Mohammed: «Americans and the United Nations and the Turks and the Iranians, they insisted during their meetings with us that no government can be formed without the participation of Iraqi Kurds».


    But Barham Salih, the former president of the Kurdistan Regional Government and leader of the Patriotic Union of Kurdistan (PUK), seemed uncomfortable about what happened the day before yesterday,
    and he said «4 years ago extremities were Shia and Sunni, and America and Iran, and the United Nations flock to Arbil, the capital of the Kurdistan region urging her to help the formation of the federal government in Iraq. But what happened on (the first) yesterday was a different scene ». Saleh added: «I started the parliamentary session to give confidence to the government of Dr Haider Abadi, without waiting for the position of the Kurdish leadership, which were combined in the Kurdistan Region to take its final decision to participate or not», pointing out that «scenes are completely different, and what happened on (the first) yesterday is an indication of a serious condition raises a lot of questions at the level of political performance in the region and our management style conflicts ».


    He noted the benefit that «what got us to pause a serious and comprehensive review of the management style crises and how to make our political decisions, both with regard to head towards independence, which is a legitimate right of the people of Kurdistan, or in terms of maintaining our weight's current political equation Iraqi and regional equations». He said: «change the Kurdish position addict with events circle around us, is a natural secretion of the accumulation of our problems inside the house and the Kurdish neglect addressed, especially those deeper problems related to the disruption of living conditions of the citizens and the fragility of the economic situation of the region in general, add to the security risks arising from the non-diversion of the Peshmerga forces to Foundation a unified national organization and equipped with weapons, and that as a result of the negligent driving of Kurdish factors and regional equations and balance supposed to our relations with regional powers and the major powers, as well as neglect of Iraqi affairs and to minimize being a curtain front to defend the security of the citizens of Kurdistan, and I think that there are other factors should stand State concerned ».

    And Saleh stressed that «There is no doubt that the Kurdistan today than in the past has made ​​a lot of progress, but it must not be tempted to neglect the existing problems and overlook the serious challenges that confront us, but must Thzna All Day (the first) yesterday, and move us toward reorganize and unify the Kurdish House toward strengthening legitimate institutions in Kurdistan, and providing equal opportunities for citizens to participate in political decision-making away from the cronyism and Almnsopeat monopoly to ensure the interests of the people and protect the homeland ».

    http://translate.googleusercontent.c...#ixzz3CuRnHnoZ

  5. #5

    Re: Kurds deny exposure to American pressure to participate in a government-Abbadi

    Kurdistan Minister: ‘The Kurds Had to Go to Baghdad’
    By RUDAW

    Bawamurad: “The Shiites did their best to make sure the Kurds wouldn’t participate in the government.”

    The Kurds signed up to the new government in Baghdad this week under great US pressure, confessed Mawlud Bawamurad, the Kurdistan Regional Government’s (KRG) minister for parliamentary affairs. He said the US had made its stepped-up military support in the fight against the Islamic State (IS) conditional on there being a government in Baghdad. In an interview with Rudaw, Bawamurad said that, although the agreement signed in Baghdad is not perfect for the Kurds, it is enough for now: “What is important is that our participation in it is conditional and the witness to our conditions is America.” An edited transcript of his interview follows:


    Rudaw: Do you think the Kurds did the right thing in joining the Iraqi government?

    Mawlud Bawamurad: First of all, the latest round of negotiations was very difficult compared to past negotiations. It wasn’t that easy for the Kurds to decide to participate in the new Iraqi government. But I think that, all in all, it was a good decision. I also must say this: if the Kurds need America, then America needs them to join the Iraqi government, too. If the Kurds want America for security and a huge international campaign against the Islamic State (IS), then the Kurdish participation in Baghdad is as significant.

    Rudaw: Does that mean the Kurds joined the Baghdad government by American demand?

    Mawlud Bawamurad: Certainly and 100 percent. It was clear that, without Kurdish participation, the government in Baghdad wouldn’t be an inclusive and unity government. The US president, his vice president and most of America had made it a condition that, unless there is an inclusive government in Baghdad, they wouldn’t be willing to fight terrorist groups and the IS in Iraq. So the Kurds had to go to Baghdad.


    if the Kurds need America, then America needs them to join the Iraqi government, too.


    Rudaw: America says that the Kurds should join the Iraqi government, but what guarantees are there that the Kurdish demands will be met?

    Mawlud Bawamurad: The Kurds have achieved great posts in Baghdad, but more important than that is to see how we conducted our negotiations and who were the people we were talking to in Baghdad. We were dealing with Shiite leaders who had very negative views of the Kurds. The Kurds had caused Nouri al-Maliki’s removal. The Kurds’ stance on the situation in Mosul wasn’t to their liking. The Kurds are receiving huge international support and they are not. The Shiites did their best to make sure the Kurds wouldn’t participate in the government in order to put the Kurds in a bad position in the eyes of the West and Europe. The Shiite leaders had a long list of complaints, basically.

    On the other hand, the Kurds didn’t really have an eye on what posts they may secure in Baghdad. Besides, in Kurdistan, there is this feeling: “Why should we join Baghdad? We have regained all the disputed territories and if we have to fight Iraq we might only lose the same number of fighters that we are losing now in the fight against the IS.” That is how the ordinary Kurds feel and think. So, against this background, Kurdish negotiators in Baghdad were on no account ready to compromise on any demand or condition whatsoever.

    Rudaw: What guarantees are there that, with the formation of this new government, the international community will not henceforth bypass Erbil and send all its help to the Kurds through Baghdad?

    Mawlud Bawamurad: Well, so far they have given us enough help to be worth participating in Abadi’s government for three months. The world has given us enough to let our untrained, unequipped and unarmed Peshmerga resist the IS thus far. Their support has been good enough to make the Kurdish leaders say, “Okay, we will join the Baghdad government conditionally for three months.”

    Rudaw: Baghdad owes the Kurdistan Region the budget of the past eight months. The Kurds have now asked for at least two months of that money to be released and Baghdad has not responded. So, if America is so persistent on Kurdish participation, can’t they at least guarantee two months of our budget?



    So far they have given us enough help to be worth participating in Abadi’s government for three months.


    Mawlud Bawamurad: I don’t think America has anything to say about local finances. It is Iraqi leaders and the finance minister who think Kurdistan has done them wrong by trying to sell its own oil. Iraq’s finances have collapsed, and they blame it all on the Kurds and their inability to produce 450,000 barrels of oil a day.

    Rudaw: Don’t you think the Shiites were also in a weak position in the negotiations, given the fact that half the country is now under IS control?

    Mawlud Bawamurad: Well, exactly. Do you think the Shiites would have been willing to negotiate with anyone had it not been for American pressure? I think there was more American pressure on the Shiites to form a government than on the Kurds.

    We should always remember that the Shiite leaders want Iraq and its government to have a Shiite identity and image. So we shouldn’t have too many expectations of them. What is important is to use our participation in Baghdad in the interest of Kurdistan.

    Rudaw: Do you think Abadi’s government would be any different from that of Maliki?

    Mawlud Bawamurad: I don’t think Abadi’s government would be able to do that much for the Kurds or for the Iraqis themselves, and that is because other Shiite leaders will not allow him much influence and power. But I believe our own participation there would do us great good here in Kurdistan.

    Rudaw: What can really be achieved in the three-month trial period the Kurds have given Baghdad?

    Mawlud Bawamurad: Many things. The global insistence on Kurdish participation there, the threat of the IS and terrorism in the region, the plight of more than 1.4 million refugees and the war against the IS -- which is spearheaded by the Kurds -- would convince the international community that if Baghdad fails this time, the Kurds will have the right to go for a referendum. And that is the biggest achievement. Foreign envoys and ambassadors, that I have talked to, have said that the Kurds can pursue their right to a referendum and a solution through Baghdad and constitutionally, not unilaterally in Kurdistan. And they have said that they will support any united Kurdish decision on this issue.



    What is important is that our participation in it is conditional and the witness to our conditions is America.


    Rudaw: What if Baghdad doesn’t agree to all this?

    Mawlud Bawamurad: There is no “if.” This time all the calculations are different in the Middle East. As I said, we shouldn’t expect much from this new Iraqi government. What is important is that our participation in it is conditional and the witness to our conditions is America.

    Rudaw: Don’t you think the Shiites have been trying to flatter the Sunnis in order to get them into the government?

    Mawlud Bawamurad: Without a doubt. They have been wooing the Sunnis in order to distance them from the IS. Let me tell you this: if the Sunnis themselves do not turn against the IS, all the Shiites of the world will not be able to defeat this group, because in that case it will become a full-scale religious and holy war between Shiites and Sunnis, which is exactly what the IS wants. Unless the Sunnis are satisfied in the government, this war with the IS will go one forever. The Sunnis have to get together, form their own army and tell the IS, “Please leave this country. It is not your country, but mine.”

    http://rudaw.net/english/interview/10092014

  6. #6

    Abadi meeting today with the parties to the national and powers to nominate the minis

    Deputy: Abadi meeting today with the parties to the national and powers to nominate the ministers of interior and defense [Expanded]

    Wednesday, September 10 / September 2014 13:34 [Baghdad-where]

    Deputy for the National Alliance, "The meeting will be held this evening under the chairmanship of Prime Minister Haider al-Abadi with members of the coalition in the National Union of Forces to discuss naming the ministers of interior and defense."



    The MP added Hisham al-Suhail told all of Iraq [where] he "has not been decided curb this moment any of the candidates and that the Prime Minister instructed that if the blocks did not reach an agreement in question will be what is deemed appropriate for these two ministries."

    He pointed out that "the meeting will be attended by the parties of the National Alliance and the Union of Forces being the subject concerned," and expressed hope "to speed up the naming ministers as soon as, in light of the current security challenges in the country."



    And the first meeting of the new Council of Ministers on Tuesday said the National Alliance MP said that "the council meeting yesterday was very good and showed the great cooperation between the Prime Minister and Cabinet, which will be reflected positively on the performance of the government to take over its functions."

    The Prime Minister Haider al-Abadi, has vowed in the parliament session to vote on a vote of confidence for his government's designation of the interior and defense ministers during a maximum period of one week, the failure to reach agreement on the names of candidates, but he waved that he will be the task of naming the ministers if they do not reach the parties concerned to deal Bashonhma.anthy 2 .

    http://www.alliraqnews.com/index.php...-10-31-31.html

  7. #7

    Central agrees to exchange 10% of the deposits of customers in the Bank of the econo

    Central agrees to exchange 10% of the deposits of customers in the Bank of the economy and investment
    09/10/2014 - 14:02


    Economy and business
    0
    0
    Source:
    Alsumaria News / Baghdad
    Declared the Iraqi Central Bank, Wednesday agreed to exchange 10% of the deposits of customers in the Bank of the economy and investment.


    The bank said in a statement received "Alsumaria News", that "the Bank has agreed to exchange 10% of the assets of depositors in the bank."


    The bank added that "the approval was based on a proposed Bank of the economy, investment and financing, regardless part of its deposits to depositors."


    The Iraqi Central Bank announced on June 6, the current, for the imposition of trusteeship Economy Bank for Finance and Investment, adding that he had formed committees and trusteeship composed of three people for a period of 18 months, extendable mission to prepare a report on the financial situation and the future and the future prospects for the bank.



    http://translate.googleusercontent.c...TbnxMSsxjof3IQ

  8. #8

    Integrity reveal the restoration of Iraq's five billion Iraqi dinars from Lebanon

    Integrity reveal the restoration of Iraq's five billion Iraqi dinars from Lebanon
    155 Show September 10, 2014 14:31


    (Independent) .. announced the Integrity Commission announced the successful restoration of the amount of five billion dinars had been smuggled to one of the Arab countries.


    The chairman of the Commission Judge Alaa Jawad Hamid today announced the success of the Commission to reach an agreement with the state of Lebanon to restore five billion dinars previously smuggled as well as a real estate and residential apartments managed to re-ownership of the body to the Iraqi government.


    He explained Hamid that the efforts of the Integrity Commission resulted in the booking of movable and immovable property of the British businessman James McCormick is responsible for supplying explosives detectors, stressing that Iraq's representative body integrity request from the United Kingdom delivered the accused, however, she apologized for the provision of a British man to stand trial in Iraq.


    He noted that the board has called on the Interior Ministry sued McCormick as the body affected by this transaction.


    Hamid Park and the formation of a new government headed by Prime Minister Haider al-Abadi, wishing ministers to strengthen cooperation frameworks with regulatory agencies, particularly the Integrity Commission in order to uproot the corrupt and squatters on public money, especially since the first steps of the new government began by declaring war on corruption and the corrupt.


    And articulated for the completion of the body to pack the laws of the Legal Department of the Commission had completed drafts calling for new Council of Representatives to the rated speed as contribute effectively to reducing and preventing corruption, pointing out that among these laws that have completed drafted and submitted to the Council drafts the laws of political parties and election campaigns and dual citizenship.


    And highlighted head of the light on the inter challenges, said she stands in front of the efforts of the Commission to achieve its objectives in the forefront restrict the jurisdiction of the Commission issues of corruption committed after 9/4/2003 stressing seek authority to amend the law in force No. 30 for the year 2011 to be a civil claim for money contraband before this date. He also pointed out that dual citizenship for runners funds constitute an obstacle to the efforts of the Iraqi government to restore funds of funds as well as the integration of the economies of countries contraband in her incubator.


    He pointed out that many of the countries which provided a safe haven for funds smuggled refrain from returning these funds to Iraq under the pretext of their integration into the economies and reduce the chance of recovery in investment, as happened with Jordan.


    Hamid urged the judge and the media about taking real role in fighting corruption and corrupt as a real partner for the state regulatory agencies in the forefront of the Integrity Commission.


    He explained that among the most important inputs to the Commission's work is what attribute it from Akhbarat through its outlets across the hotlines and e-mail as well as the offices of inspectors general in the ministries and various state and attribute it monitored reports of irregularities BSA Federal.


    He stressed that the authority is working independently and clear and not subject to political pressure, indicating that specific steps according to the requirements of the law in force No. 30 for the year 2011.


    He pointed to the dozens of lawsuits filed against senior officials did not disclose their net worth noting that the Finance Authority legal department of expensive lawsuits by moving the right of every taxpayer did not disclose financial discharged in front of the body. (End)

    http://translate.googleusercontent.c...6W6DpIK1sRDqQg

  9. #9
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    Re: Integrity reveal the restoration of Iraq's five billion Iraqi dinars from Lebanon

    New CBI Announcements:



    CBI raises category ( 10000 ) dinars trading technical characteristics and high security papers with the continuation of trading 9/10/2014



    http://www.cbi.iq/documents/Announce...010-9-2014.pdf

    To / Economy Bank for Investment and Finance-Mr. guardian ( reimbursement (10%) of customer deposits )
    10.09.2014

    To / company across continents to transform the financial ( re-vacation company )
    10/09/2014


    http://www.cbi.iq/documents/Announcemen10-9-2014.pdf

    HERE ARE THE BING TRANSLATIONS FOR THESE SAME ANNOUNCEMENTS:

    ◾ The CBI put class 10,000 dinars to trade technical properties and high security with papers by circulation
    2014/9/10


    ◾ To/economy Bank for investment and finance-Mr. Trustee (payment (10%) From customer deposits)
    2014/9/10


    ◾ To transcontinental company for money transfer (to leave the company)
    2014/9/10


    ◾ Announcement/call upon our citizens to visit the website of the Bank and the terms and conditions attached hereto leave controls and not dealing with companies that broker to buy and sell foreign currency (corporate banking) is licensed by the Central Bank of Iraq
    2014/9/8
    Last edited by OOTW; 09-11-2014 at 05:02 AM.

  10. #10
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    Re: " The Dinar Daily ", Wednesday, 10 September 2014

    Kurdistan warns financial companies and banks with the government of manipulation

    September 10, 2014 10:21 Last Updated: September 10, 2014 10:21 Source: Direct

    Kurdistan warns financial companies and banks with the government of manipulation
    Related News

    340 thousand barrels per day production of Missan oil fields

    Ministry of Transport and form a committee to involve the private sector in the implementation of projects
    Association of Banks: Opening of the Rafidain branch in London will boost activity globally Iraq
    Barzani calls Abadi for solving serious problems between Erbil and Baghdad
    Cabinet agrees to set up a fund for the reconstruction of the affected areas

    Warned the Ministry of Finance Government of the province, on Tuesday, companies and banks, which it called manipulation with Aovernmh.onqlt newspaper Rudaw Kurdish, Finance Minister in the government of the Kurdistan region Rebaz Mohammed as saying «that the ministry has formed a special committee of seven members to prepare a report on the details of the loans granted by the government to banks and companies ».bhsp morning newspaper

    He said «it amounted to four trillion and 955 billion dinars, including a trillion and 405 billion dinars for commercial banks in addition to the 3 trillion and 500 billion dinars for the specialized banks in order to restore it to the government's need to it».

    http://www.mubasher.info/ISX/news/25...9#.VBBuxfldXTo


    Ministry of Transport and form a committee to involve the private sector in the implementation of projects

    September 10, 2014 10:14 Last Updated: September 10, 2014 10:14 Source: Direct

    The Ministry of Transport for the formation of an ad hoc committee to involve the private sector in the implementation of their projects in an effort to support the private sector Alaraca.oukal art dealer of the Ministry of banks Rakane According to the news agency, JD: "The Iraqi private sector is one of the important sectors, which did not take a full role in the construction process and reconstruction of the country, where a prominent and important role in reviving the Iraqi economy, "adding that" the Iraqi constitution recommended supporting the Iraqi private sector and involvement in the implementation of projects for the country. "

    He added: "The ministry is considered the first in the seriousness of the involvement of the private sector in projects and this cast is also a responsibility on the corporate sector to be the level of the country's need for expertise," asserting that he was forming an ad hoc committee to determine the quality of the projects that will be inserted in the private sector it as a contributor to an actor, and this Committee meetings are held daily and you log important observations own companies this sector.

    Source: Direct

    http://www.mubasher.info/ISX/news/25...7#.VBBu0PldXTo


    Cabinet agrees to set up a fund for the reconstruction of the affected areas
    September 10, 2014 9:59 Last Updated: September 10, 2014 9:59 Source: Direct

    The Council of Ministers approved, on the establishment of a fund for the reconstruction of areas affected by the terrorist attacks, with the face to take the necessary action on reconsideration procedures for transactions and activities related Asalh.oukalt General Secretariat of the Council of Ministers, according to the newspaper "Alsumaria News" that "the Council of Ministers held today, its First, headed by Prime Minister Haider al-Abadi, "noting that" the agenda of the meeting included discussion of the development of timelines and mechanisms of implementation of the basic principles contained in the document the political agreement between the blocs to participate in a national unity government and the establishment of foreign minister visited a number of brotherly and friendly countries for the transfer of messages from the Iraqi government New to the leaders of those countries to strengthen the bonds of cooperation and positive relations with them. "

    The Secretariat added that "the Council of Ministers approved the establishment of a fund for the reconstruction of areas affected by the terrorist attacks and mandated the Secretariat of the Council of Ministers to study the mechanisms for implementing it," .utabat Secretariat that "the Council face the fact that all ministries to take necessary action on the review procedures for transactions and activities related citizens. "

    Iraq has security situation exceptional since the declaration of a state of emergency in the (June 10, 2014), where the continuing military operations security to expel the organization "Daash" of areas where the provinces of Nineveh and Salahuddin, while continuing operations in Anbar to meet the regulation, which prompted hundreds of thousands of families to leave their homes and flee to safe areas.

    http://www.mubasher.info/ISX/news/25...9#.VBBvIvldXTo


    Iraq announces new oil discovery in Basra
    September 10, 2014 9:48 Last Updated: September 10, 2014 9:48 Source: Direct

    Announced that the Iraqi Oil Ministry to achieve oil discovery is the first of its kind within a Patches exploratory in Basra, while explained that the discovery within the outset produce 2000 barrels of oil per day from the well of talk, and there are expectations of an increase Alkamih.oukal ministry spokesman Assem Jihad and Wooden newspaper for " Alsumaria News "," The Oil Ministry has achieved a discovery new oil is the first of its kind in the area exploratory No. 9 in Basra, "noting that" the contractor Kuwait Energy Company of Kuwait in conjunction with the company Dragon Emirati managed to achieve oil discovery first part of the patch in the well (h 1 ) at a depth of 2600 meters. "

    Jihad said that "the volume of production in the well amounted to more than 2000 barrels per day," pointing out that "the company is working to continue drilling to reach the goal of a second after the expected deeper contained on light oil."

    An official source in the company Dragon Oil announced on Sunday (17 March 2013), for the immediate lifting of mines from the area exploratory ninth won by a coalition of Kuwait Energy Company and Dragon UAE, pointing out that the expectations of the coalition to be a patch of gas more than oil.

    And signed the Oil Ministry, in (January 27, 2013), a service contract to develop the patch exploratory ninth finalized after the approval of the Council of Ministers with a consortium of Kuwait Energy of Kuwait and the Dragon Emirati who won in this area within the fourth round of licensing private patches exploratory and paid profit of $ 6.24 to $ barrels of oil equivalent.

    They expected the Iraqi Oil Ministry to be the ninth area which is located in Basra province, with an area of ​​900 km to be of possibilities Haedrocarbonah (oil).

    Began at the headquarters of the Iraqi Oil Ministry in the capital, Baghdad, on May 30, 2011, the fourth licensing round for 12 exploration blocks in different areas of the country, including seven gas fields and five oil.

    The Ministry of Oil signed mid-July 2011, initial contracts for exploration and investment in exploratory patches 8.9, 10, 12 with international oil companies won within the fourth round of licenses.

    http://www.mubasher.info/ISX/news/25...9#.VBBvKvldXTo

    Association of Banks: Company deposit guarantee its mission to maintain funds
    September 10, 2014 9:46 Last Updated: September 10, 2014 9:46 Source: Direct


    In line with the new phase taking place in the country and the application of the Government's program to support the commercial banks, government and private to represent one of the episodes of the financial system, the Association of Banks urged the concerned authorities to speed up the issuance of a draft law firm guarantee deposits and send it to the Parliament with a view to approval. Banking expert Adnan Chalabi said "morning" that the central bank ended the draft law on the company years ago and submitted to the Council of State, without the appearance of any result of acceptance or rejection. According to the morning newspaper

    Chalabi described this company as "necessary" to guarantee deposits at private banks. It is also present in all countries of the world, a summary of its work to guarantee deposits by certain percentages in the case of any risk or harm to her, whereupon the company pay ratios specific to the customer is encouraged to develop its deposits of money in banks was sure of the existence of the company guarantee deposits and this case is more like insurance life and property and others.

    He added that it guarantees deposits and savings accounts, fixed deposits and other, especially now that the deduction percentages participate in this company borne by the banks, as it ensures the client's deposit, calling for the formation of a committee of experts in the Ministry of Justice to speed up the implementation of banking laws, including the law firm guarantee deposits to contribute to the extensive study of these laws and to clarify the interest of them.

    He noted Chalabi, the existence of a great desire by the private banks, urging the government to issue a draft law firm guarantee deposits and send it to parliament in order to vote and implementation by contexts used, leading to encourage the public to deposit in private banks, especially that the citizen at the present time refrain from depositing their money with these banks, for fear of lack of assurance of the damage, noting at the same time that the government banks enjoy this type of guarantee for the central bank to adopt her.

    It is said that one of the paragraphs of the government program confirms that the commercial banks is one of the financial institutions are critical to any economic activity and represents one of the episodes of the financial system of the country and its by a reflection of the economic, commercial and financial.

    It is also one of the gates to encourage investors and bring in capital, which can be realized through the organization and address the economic and trade affairs in coordination with various relevant sectors and activating government-owned banks and banks specialized and private sector banks (civil), along with the development of foreign economic relations with the countries of the world to increase the volume of trade exchange trade and the development of relations with regional and international organizations concerned.

    Source: Direct

    http://www.mubasher.info/ISX/news/25...4#.VBBvM_ldXTo

    Ministry of Transport and form a committee to involve the private sector in the implementation of projects
    September 10, 2014 10:14 Last Updated: September 10, 2014 10:14 Source: Direct

    The Ministry of Transport for the formation of an ad hoc committee to involve the private sector in the implementation of their projects in an effort to support the private sector Alaraca.oukal art dealer of the Ministry of banks Rakane According to the news agency, JD: "The Iraqi private sector is one of the important sectors, which did not take a full role in the construction process and reconstruction of the country, where a prominent and important role in reviving the Iraqi economy, "adding that" the Iraqi constitution recommended supporting the Iraqi private sector and involvement in the implementation of projects for the country. "

    He added: "The ministry is considered the first in the seriousness of the involvement of the private sector in projects and this cast is also a responsibility on the corporate sector to be the level of the country's need for expertise," asserting that he was forming an ad hoc committee to determine the quality of the projects that will be inserted in the private sector it as a contributor to an actor, and this Committee meetings are held daily and you log important observations own companies this sector.

    Source: Direct
    http://www.mubasher.info/ISX/news/25...7#.VBBvQvldXTo

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