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

Maliki Goes to China in Search of Investment

Iraqi Prime Minister Nouri al-Maliki will travel to China this week in a bid to attract Chinese investors to Iraq, an advisor to the PM told AKnews on Tuesday.
Ali al-Mousawi said that Maliki will head a trade delegation, following an official invitation from the Chinese government.

Mousawi said Chinese companies are already heavily engaged in investment in Iraq, “but research shows that China is interested in entering in Iraqi market in a much more significant way. This put the onus on Iraqis to coordinate with Chinese companies…especially in the energy sector.”

He added that the visit will not focus purely on economics: “China is a permanent member of the Security Council and is influential in the formation of international decisions, so politics will inevitably come up.”

China is heavily involved in several sectors in Iraq, including electricity, water, manufacturing and, most significantly, oil. In June, China’s largest oil company China National Petroleum Corporation (CNPC) opened the first major new oil field in Iraq in 20 years at al-Ahdab in southern Iraq.

http://www.iraq-businessnews.com/201...of-investment/

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http://www.iraq-businessnews.com/201...n-us2-per-day/

Energy Commission refer the draft law of oil and gas to the Council of Ministers after the approval

Referred to Committee on Energy headed by Deputy Prime Minister Hussein Shahristani, a draft law of oil and gas to the Council of Ministers after the approval of the proposed amendments.

The statement said that the Committee on Energy headed by Deputy Prime Minister Hussein Shahristani agreed at its meeting yesterday (Wednesday) in the presence of oil ministers Abdul Karim and coffee, electricity, thunder waterfall and science and technology, Abdul Karim al-Samarrai, water resources, Muhannad Al Saadi and Minister of State for Provincial Affairs Torhan Mufti on the proposed amendments to the draft law of oil and gas from the Oil Ministry and forwarded to the Council of Ministers.

The law of oil and gas, one of the most contentious issues between the federal government and the Kurdistan government, especially the latter signed contracts with oil companies Baghdad deems non-binding, and will send a draft of the Council of Ministers to the parliament after the proposed amendments.

http://ar.radionawa.com/Detail.aspx?...ookieSupport=1

Iraq: government commission to end the amendments to the draft law of oil and gas

The Energy Commission government, headed by Deputy Prime Minister Hussein Shahristani said on Thursday it had sent a draft law of oil and gas to the Cabinet for a vote after completing adjustments.

The director of the Information Office of the Deputy Prime Minister for energy affairs Faisal Abdullah told the Kurdish news agency (Rn) that "the Commission on oil and energy government headed by Deputy Prime Minister Hussein Shahristani completed the necessary amendments to the draft law of oil and gas."

He added that "the Committee sent the amended version of the draft law to the Cabinet is to vote him and deport him to the House of Representatives in order to pass this. "

The oil imports about 95% of Iraq's budget, but so far no country's law to regulate its affairs, despite the conclusion of many of the energy contracts with international companies to develop Iraqi oil fields.

Abdullah pointed out that "the Council of Ministers will in turn make adjustments it deems appropriate on the draft and that would support raising the level of oil production and political development of oil in the country."

And the failure of the House of Representatives Bdorth previous pass oil and gas law, which was expected to rise oil situation if approved. and the absence of law caused a number of problems in this sector, particularly oil contracts signed by the Kurdistan Regional Government with international companies to develop fields, and Baghdad says it is "illegal", while confirming the region "compatibility with the Iraqi law."

http://www.aknews.com/ar/aknews/2/251774/

Iraqi telecommunications denies halt the project gates influence international

denied the Iraqi Ministry of Communications on Friday, stop the project gates influence international linking the Iraqi communications with the countries of the world. The local media quoted a ministry official did not give his name saying that the project gates influence electronic faces obstacles interior because of political conflicts.

The project gates influence international of the most important projects the Iraqi government that works to be completed during the next three years. The spokesman denied the official ministry spokesman Samir Ali Hassoun during his address to a Kurdish news agency (Rn), there are difficulties within the Ministry on the draft implementation of the gates of influence international "because it works well to complete the project through plans art."

"The ministry has begun experiments to pass international calls, incoming and outgoing through the gates of influence international in Baghdad and the Iraqi provinces." said Hassoun that "the Ministry of Communications began to pass part of the international calls in Baghdad and the provinces to a number of countries in the world, and the project is the work by more advanced."

The Iraqi Ministry of Communications has recently announced it had agreed with neighboring countries to pass the cable optical Iraq through its territory to improve the reality of communications in the country.

Iraq has limited infrastructure for communications ground, like other sectors country's service as a result of long years of neglect due to wars and blockades, and is the mobile way key in the country. and won three companies in August / August 2007 to work in Iraq is "decorated" of the company "MTC" Kuwait and its work in the center and south, "Asia tuberculosis, "a consortium of Iraqi Gulf spread in most parts of Iraq, and the" cork "active in the Kurdistan region owned by businessmen Iraqi Kurds.

The number of subscribers to mobile phone service more than nine million people in Iraq, and often complain of poor service, too. The Ministry of Communications Iraq last January, for monitoring of more than $ 600 million to develop a communications network in Iraq, particularly terrestrial ones, revealing at the same time for the launch of its intention to license a fourth mobile phone.

http://www.aknews.com/ar/aknews/2/251911/

Strange names for cars in Iraq, increase their popularity and raise their prices

Majid Fadhil: since the boom in Iraq after the car in 2003 with the relaxation of import fees and taxes, prevailed in the Iraqi street varieties of old cars and modern innovation was accompanied by her strange names are often names of animals such as bear and mouse and the crocodile. This relationship has imposed a new look on exhibitions to sell those cars.

Titles are used in buying and selling used, where everyone including the owners of exhibitions to attract attention and bring some excitement to the car.

It can be said that Iraqis "Ariqnoa" the names of cars through the use of synonyms for the verbal language is closest to the popular circulation.

Leila Alawi and duck
Names and fired by the Iraqis of different cars, and Vlonzha shark and Leila Alawi and duck and sweeping and senator and the head of the bull and Alaakjm the gazelle and the mouse, and others.

Called the bounding Model 99 and older, "Monica," The Allandcros models 90 to 98 is called by the title of Laila Alawi, the capacity and the large background.

Is called the Crown Super Saloon Model 93 and older name for the rabbit speed and Ansiabatha, The Crown Royal Saloon Model 93 to 96 Vlqubha duck for balance, and Bmw Models 94 to 2002 Vasmha Falcon daring in the street and prestige.

The model 2003 Bmw 7 and above Vasmha shark to streamline its template, called the Pajero 2002 model and above the name of the spider shape and curvature of the gravity of the movement.

It is strange labels (Almsaadh) Toyota 14-passenger submarine and Albzon and Swan (Mitsuo Baishe) 2008 and the other called the model 2007 (Lion of Babylon).

But there are cars have not changed their names and the Iraqis would prefer the original name, such as trading and Alfort Alrolzruiz and Ferrari and Alkoprao Lumpur Jenny and the Doges and Alhavandaa Chevrolet and Kia and Oualemcioboshi The reason, according to car dealer on the shaker to as "brands".

The streets of Iraq before 2003, free from modern cars due to wars, economic blockade, and the acquisition of modern car a distant dream, but became equal to the price of the car in real estate prices, while the price of one house the day brings dozens of cars.

Spiders, bears, cats
The vehicles are sold the names of spiders, bears, cats in the city of Kut (180 km) southeast of Baghdad. There are names such as cars and Algehhh Anguillulina and the head of a bull.

Not many people know the original name for some cars, but they know what is common, such as duck, and mad cow disease, avian flu, and the ghost mouse, and sheep, and the spider.

Some owners prefer to deal exhibitions exotic names for the purpose of promoting the goods.

The new 2006 Opel called PAL (Bzon), called the type of car Peugeot Mongolian Kia, and Hyundai, which can accommodate 11 passengers called (amphoricity).

As it is called car Mitsubishi Pajero model 2000 B (spider) and pick-up (double Qmarh) called title (lamb), The (Volvo dump) Model 1996 is called (a crocodile), while (stallion) or (Ahadjhh) is called on the GMC or what is known Behbehani 2005 model.

Also called the Toyota Hilux Model 2006.2007 (bird flu), Toyota and Super Model 1996 and until 2000 called the head of Taurus, the 2001 model up is called mad cow disease.

According to Karim, some are tempted Zebra popular name they turn to buy.

And bear the names of some types of vehicles such as celebrities «Obama» and «Monica» and «Marzieh» (satisfactory) and «widow» and «Elf» and «Dolphin».

In Kurdistan, northern Iraq is called the title of «Marzieh», a well-known Kurdish singer, a kind of «Land Cruiser» because they are similar in magnitude and Badantha Kurdish singer.

http://basvoice.com/ar/news.php?action=view&id=531

Deputy governor of Diwaniya: banks should be linked to the Internet to facilitate their work uniform

A deputy governor of Diwaniyah for Finance Mohammed Jubouri a meeting of all directors of departments and banks, the Ministry of Finance in the presence of Chairman of the Planning Commission in the province for the progress of work and to discuss all issues related to in these circles.

Jubouri said at the meeting to operationalize the coordinating role between these departments and the Office of the province and the definition of its managers, their powers and the role of the executive power in the follow-up to direct the work of those departments.

He added that Jubouri of the most important topics that should work with banks to link to the Internet and the allocation of building a unified department of retirement, the allocation of a piece of land to open a branch of the Rasheed Bank and the allocation of land to build housing complexes for state employees and other issues.

This meeting was attended by directors representing the twentieth banks maintain.

http://fanarnews.com/?p=12027

Planning to submit a strategy to raise the new petro-dollar budget

revealed the Iraqi Planning Ministry, on Thursday, announced the launch of a new strategy to the Council of Ministers, to raise the budget of petrodollars, emphasizing expansion of the powers of the provinces in the selection of projects, while the deputy governor of Diwaniya, the need to expand the powers granted to local governments.

Said Planning Minister Ali Yousef Shukri In an interview for "Alsumaria News", on the sidelines of his meeting with several officials in the province of Diwaniyah, today, that "there is a new strategy have been presented to the Council of Ministers concerning the lifting of the budget petrodollars and the allocation of funds instead of the provinces of oil-producing and damaged from the effects of the production side," pointing to the "The presence of a large number of provinces do not have oil wealth and the percentage of population has a high."

Shukri added that his ministry "has taken new plans in process for inclusion of projects for the provinces and by identifying the nature of projects and quality by local governments," noting that "Iraq is bound to eliminate the crisis housing, will build two types of housing first distributed free of charge for residents in slums and the other is sold in installments over 25 years to poor families."

Revealed thanks to "the Council of Ministers make a decision to build five thousand school one deal in the whole of Iraq," adding that "there will be studies and coordinate to locate distribution and there is a tendency for the implementation of this huge project by foreign companies."

The Minister of Planning said that his ministry "detected the presence of 1115 the identity of contractors and companies forged and 2120 letters of guarantee forged bank since 2003 to date back to the companies doing work in different parts of Iraq," he said.

"The ministry has taken urgent action to address this great imbalance which is reflected negatively on the implementation of projects and the formation of a committee in the ministry made ​​up of representatives of ten ministries for the issuance of identity cards."

For his part, stressed the Deputy Governor Abd Muslim Gazan in an interview for 'Alsumaria News', "the need to expand the powers granted for local governments to be able to monitor strategic projects implemented in the provinces and have to manage the provincial role in the selection of quality projects." and called for Gazans to "implement the paragraphs of the budget law and the private transfer of funds of investment projects belonging to the ministries which are less than the proportion of completion of 75% to local governments to be able to complete its work and control."

http://www.alsumarianews.com/ar/3/24...-details-.html

Shell oil increase its staff to speed up the process of removing mines from the Majnoon oil field

Information Office for Shell in the Majnoon oil field, the Shell increased the number of workers to speed up the process of demining and clearing the Majnoon field of explosives. The source for the Shell team for mine clearance and clearance of explosives in the project of developing the Majnoon field, increasing the number of workers on the field, leads to accelerate the pace of work to finish clearing the field. He added that "the presence of these explosives and mines is one of the biggest challenges facing us, and we seek actively to finish them as quickly as possible."

He continued, "In parallel with this going excavation work well, were identified as the fifteenth of July August to begin drilling the first well."

He pointed to the award pipeline for the commercial production of the first through the joint management of the approval of the Southern Oil Company, and began work on the dock leading to a sailing vessel to transport oil long ago in the Shatt al-Arab.

And awarded a license to develop Majnoon field in the second licensing round on the Shell, a major oil fields in Iraq and the region, and the company is now clearing operations of mines and unexploded ordnance on the territory of a field that was the scene of the theaters of Iran-Iraq war and has many remnants of war for the field near the border with Iran.

http://www.basraelc.com/news.php?action=view&id=7394

A parliamentary committee: financial obligation to pay the letters of guarantee in case the bank breached

said the Finance Committee in the Parliament that the Ministry of Finance obliged to pay letters of credit to companies executing the projects, if breached bank obligations.

It is noted that Electricity Minister asked the Minister of Finance address the letters of guarantee, which was presented to companies implementing projects of the ministry, in addition to announcing the The Iraqi banks are unable to this Aldmant.

A member of the Finance Committee and the representative / Kurdistan Alliance / Najiba Najib told the reporter Agency (news) Friday: The claim of the Ministry of Electricity and Ministry of Finance to issue letters of guarantee for the implementation of the projects that it has concluded with the federal government and the the priority of the electricity issue and said: If able to Iraqi banks to pay these guarantees or you can not Valmalah is only binding on the subject.

She answer: was the conclusion of contracts with Korean companies and others that the government and specifically the financial you sign a letter of guarantee, that is, they will ensure that those companies amounts agreed Mamugod in the contract within the "afterthought" was supposed to enter the party managers of banks entering into these contracts.

http://www.ikhnews.com/news_view_16537.html