Thread: Archive News - Iraqi Dinar Think Tank - 24/01/201 - 23/07/2011

‘Next Year Iraq Will be Really Big’, Schlumberger

Iraq will be one of the main revenue contributors to Schlumberger‘s Middle East operations and will be bigger than most of the company’s other markets in the region with the exception of Saudi Arabia, Chief Executive Andrew Gould (pictured) told the Financial Times on Tuesday.

“Next year Iraq will be really big“, said Gould.

The company has five rigs actively drilling, for BP and ExxonMobil among others, and will have 10 in operation by early next year. It has 450 employees on the ground and expects the number to rise to 900 by the end of the year.

http://www.ft.com/cms/s/0/9a04ce72-a...#axzz1Qb5gl6Cs

The discovery of six oil wells in the eye of Karbala dates

Announced that the Economic Committee in the provincial council in Karbala, the discovery of six oil wells located in the district appointed dates west of the city.

said Tariq Kikhany official Committee "that the National Oil Company has updated information on the excavations took place in the seventies of the last century about the existence of oil wells in the district appointed dates, 80 km west of the city."

He added, "it was contracting with a number of companies in order to carry out drilling and exploration at the beginning of next October."

noting there was "the discovery of six oil wells near the Elimination appointed dates and we expect that the production is the beginning of next year."

and "if proved the existence of large quantities of oil, would make the Karbala of oil-producing provinces.

http://www.radiodijla.com/cgi-bin/ne...-28%2007:23:05

Judge arrested on charges of counterfeiting cash in Mosul

Arrested force Aafilaqh second Judge Mohammed Abdul Sattar on charges of forging coins in the group on the left side of the city of Mosul and Aodj security source refused to Walker for his name to the correspondent of agency Anabaa the future "with the" force of the second year, accompanied by a group of members of the Integrity Commission have arrested a judge Alnzkor and found in possession of 500 million Iraqi dinars Iranian currency and U.S. and Iraqi Mzoh.

http://www.mustakbal.net/ArticleShow.aspx?ID=12176

Kurds consider regionalization of Iraq to enhance security and national unity

A list of the Kurdistan Alliance bloc said on Thursday that the composition of three provinces in Iraq, in the center and south of the country along with the Kurdistan region, will enhance security and stability in the country, indicating that the composition of the regions is to establish a constitutional and legal.

The list of a coalition of state law, led by Prime Minister Nuri al-Maliki and the Iraqi List of those most opposed to form a regional center and the south considering the weakening of the federal government and the division of Iraq along sectarian lines.

A spokesman for the coalition pro good for the Kurdistan News Agency (Rn), "The Kurdistan Alliance bloc with the formation of regions, and the others were considered the call to the formation of regions as the division of Iraq including the Iraqi List."

The good that the "coalition with multiple regions so as to ensure a state of security and stability and national unity," pointing out that "the Kurds with a federal government that is strong," stressing the "The law provides for the possibility to configure the regions in Iraq."

There are in Iraq, one territory is the territory of Kurdistan in the north of the country, the law allows the formation of regions in the country of the province, or more according to the mechanisms provided for in the Iraqi Constitution.

The President of the House of Representatives Osama Najafi, one of the leaders of the Iraqi List, statements of the space free during his official visit to the United States three days ago stating that there was "frustration Sunni" in Iraq and if not treated quickly enough, considering the year to form the territory of an independent Iraq. and raised these statements controversy in political circles in Iraq, and the evacuated some House members to collect signatures for accountability Najafi.

http://www.aknews.com/ar/aknews/4/249381/

Najafi: My visit to the United States succeeded and came to establish the rights and Iraq's money

said Iraqi Parliament Speaker Osama Najafi, Thursday, that his visit to the United States succeeded and came to establish the rights and Iraq's money.

Osama al-Najafi, during a press conference held at Parliament House today, attended by "Alsumaria News", "My visit to the U.S. the United States was successful in all standards and was the defense of the interests of Iraq and install the Rights and Iraqi funds looted from the Development Fund for Iraq," noting that "there are more than 17 billion dollars has been manipulated by the officers and U.S. officials involved with some of the Iraqis.

He, Nujaifi that "This issue was found in the drawers of the government for years but did not raise did not affect any other Iraqi," noting that he "asked Vice President Joe Biden and the Ministry of Foreign interest to return these funds to support investigations into Iraq's ongoing investigations the U.S. taking place for years."

He, Nujaifi hope that "the results are close to the return of the funds that will enhance the balance of Iraq and provide support to the Iraqis," pointing out that "the visit included research in US-Iraqi relations and the relationship of the Iraqi parliament with the U.S. Congress and the development of Iraq's internal and emphasis on the sovereignty, stability and exit from the consequences of Chapter VII and guardianship".

And confirmed the Parliamentary Integrity Committee in the 20 of June, the loss of $ 17 billion to monitor Iraq's Development Fund during the period of the civil administrator Paul Bremer, describing that period as "vague and a lot of corruption," while the pointed send a request to the United Nations to investigate the matter and refund stolen, while Finance Minister Rafie al-Issawi, said in an interview earlier "Alsumaria News", the matching funds the Iraqi Development Fund with the assets of the numbers, calling at the same time both have evidence of a breach of its submission to the Iraqi government or body integrity.

Revealed President of the Board of Supreme Audit Abdul-Basit Turki hosted during the parliamentary session held on 18 April, for wasting more than seventeen billion dollars of Iraqi funds through the management of the former U.S. civil administrator Paul Bremer.

Most likely in the U.S. investigator Stuart Bowen, the mid-June current, to be the cause of the disappearance of $ 6.6 billion in reconstruction funds in Iraq eight years ago is that they may be stolen, describing them as "the largest theft" on America, pointing at the same time to a third investigation to determine the fate of those funds.
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http://www.alsumarianews.com/ar/1/24...-details-.html

A delegation of «Zain Iraq» headed by its Executive Director in Karbala .. and citizens are expressing their displeasure with the service Zain

A delegation from the company, "Zain Iraq" headed by Emad Makiya CEO "Zain Iraq" to the province of Karbala, to discuss ways to develop mobile services in the city and the development of advanced technological solutions in the service of its people and visitors, according to Chief Executive.

Said Emad Makiya during a meeting with the government of Karbala, local "to Zain Iraq many special projects in Kerbala and surrounding provinces in respect of development plans," explaining that "experts Zain and crew engineering and technical work with the privacy of the city of Karbala, according to scientific criteria minutes," he said. "Zain Iraq has proved many times and readiness to contain the pressure on mobile networks and decorated in the rest of the provinces of Karbala and other Iraqi ready to accommodate millions of subscribers including those coming to the major events in Karbala."

For his part, Governor of Karbala, the hopes of religion cat welcome the existence of "Zain" in Karbala to study the reality of communication, pointing out that "the presence of management of the company's senior headed Makiya to Karbala confirms the gravity and seriousness of the positions of Zain's stand on all the city's needs regarding the development of performance telecommunications sector."

For their part, described the citizens of Karbala, said Zain Telecom poor and non-responsive to requests, especially during the visits millions witnessed by the city of Karbala where this service is stopped since the beginning of the visit until the end, stating that most visitors smell of those services, especially during those visits."

What was seen as the media Ala-Salami said Zain Tsthr services to citizens through the futility in services and spam sent by the Mstreckha so that some of them far removed from public taste, adding that its trading profit in the first place rather than a service-

"For his part, considered one of the lawyers in Karbala, who preferred anonymity for N that Zain services in Karbala is poor, especially times of visits was the millions it over the past years we have seen that the services of Zain Latvian purpose as it crashes all the lines until the end of the visit and this makes them legally accountable."

For his part, Chairman of the provincial council in Karbala, Mohammed al-Moussawi, said that "the provincial council in Karbala, and local government do not they save no effort in supporting investment, particularly in the telecommunications sector, which is one of the standards and provides countries economically," stressing the need for "everyone understands the privacy of the city of Karbala, which receives more from (17000) seventeen thousand visitors a day as well as millions of visitors at major events."

The "Zain Iraq," the largest operator of mobile telecommunications service in Iraq. And began offering its services to Iraq in 2003 as the "MTC was raised," In 2008 the company carried the name "Zain".

http://non14.net/display.php?id=14663

CBI sells 175 million dollars in its Thursday auction

The Central Bank of Iraq (CBI) has announced the selling of US$175 millions, in its auction on Thursday, on the rate of 1,170 dinars per dollar, exceeding its Wednesday sale by 73 million dollars, according to its daily bulletin, copy of which was received by Aswat al-Iraq news agency.

“The total demand on U.S. dollars has reached 175 millions and 382,000, covered by the Central Bank of Iraq, on an exchange rate of 1,170 Iraqi dinars per dollar,” the bullet reported.

http://en.aswataliraq.info/Default1....&id=143484&l=1

Iraq’s Parliament Speaker denies calling for Sunni Region

Iraq’s Parliament Speaker, Usama al-Nujeify, on Thursday has denied calling for the establishment of a Sunni Region in Iraq, during his recent visit for Washington.

“I can’t accept the establishment of Regions on sectarian basis, but they can be set up on geographic basis, but not now; and I did not call for that during my visit to Washington,” Nujiefy told a news conference in Baghdad, adding that “the formation of such Regions is a constitutional right, but it should be studied carefully, and what had happened was that part of my statement was cut.”

“We call for the unity of Iraq and its cohesion, as I am responsible for the protection of everybody and defend the interest of all,” Nujeify said, adding that “the fuss had been fabricated for political motives, as I had warned that the situation had been heading towards the formation of Regions, due to the extremist centralism.”

The Iraqi Parliament’s Speaker, Usama al-Nujeify, belongs to a Sunni family in Ninewa Province, whose Governor, Athil al-Nujeify is his brother, had warned in an interview with al-Hurra Satellite TV Channel that “Sunnis in Iraq might think of secession or the establishment of a Sunni Region, if reasons for their feeling of “strong frustration and being second-grade citizens, won’t be treated.”

He had stated after his talks with leading U.S. officials, including Vice-President, Joe Biden and State Secretary, Hilary Clinton, that the sectarian balance in Iraq was “absent.”

http://en.aswataliraq.info/Default1....&id=143483&l=1

Iraq Gets Control of its Development Fund (DFI)

There was more sabre rattling on the Iraqi political scene this week, as the Speaker of parliament, Osama al-Nujaifi, hinted at the possibility of a break-away Sunni state.

His statements follow indications, finally, from Prime Minister Nouri al-Maliki to the effect that ministerial heads may metaphorically roll as a result of their poor performance.

These stories, against a background of increasing violence, have perhaps distracted attention from the fact that the Development Fund for Iraq (DFI), which was set up after the 2003 war to handle oil and other revenues, reverts to Iraqi control from tomorrow, 30th June.

The sums involved are immense, and it is essential that they are handled professionally. We can expect some clarification from the International Advisory and Monitoring Board (IAMB) on Thursday regarding the future management of the fund

http://www.iraq-businessnews.com/201...ment-fund-dfi/

TNT Mateen Express enters the international zone in Iraq

TNT Mateen Express Iraq, the global business to business express delivery company, can now delivery parcels inside the International Zone, formerly known as the Green Zone. Located in Baghdad city, the International Zone embraces major multinational companies and is also known as the diplomatic and government district.

http://www.ameinfo.com/269463.html