Thread: Iraq/Dinar News up until April 10th 11pm ctz

Originally Posted by H2O_Lover

i am not saying you are wrong but this article does read like an editoral so maybe the author does not have a complete picture...?

Well i'll say it! He's wrong......WRONG I TELL YA!!! LOL.......SORRY, IT'S BEEN A HARD WEEK I NEEDED TO LET OFF SOME STEAM

Originally Posted by michael16

It is going to be a long long time before this oil bill happens. No oil bill no reval.

Sorry, Michael, but GW Bush says something else. Between you and him now!

Originally Posted by michael16

It is going to be a long long time before this oil bill happens. No oil bill no reval.

Don't worry about this guy. He's an expert nobody wielding no authority over this law. It won't take as long as you may think so don't concern yourself. It's all good........

Originally Posted by wciappetta

Don't worry about this guy. He's an expert nobody wielding no authority over this law. It won't take as long as you may think so don't concern yourself. It's all good........

I hope you and Jola are correct. But I am really starting to look on this investment in the terms of years and not months or even just a year.

Originally Posted by michael16

I hope you and Jola are correct. But I am really starting to look on this investment in the terms of years and not months or even just a year.

That should help keep you in the right frame of mind. Kind of like running a marathon...

Originally Posted by PAn8tv

That should help keep you in the right frame of mind. Kind of like running a marathon...

Sorry guys Darth Vador and the dark side were casting a shadow over me. They were pulling me in. My life even flashed before eyes but I'm back to seeing the light.

Ministry seeks investors to modernize industry

By Ali al-Mawsawi

Azzaman, April 8, 2007

The Ministry of Industry is seeking investors willing to spend hundreds of millions of dollars to modernize 12 major Iraqi industries.

The investors, whether local or foreign, are required to submit comprehensive plans on how to rehabilitate these firms to make them competitive in the face of foreign imports.

In return for their investments, the entrepreneurs will have a share in the products for up to 20 years.

According to Industry Minister Fawzi Hariri, the country hopes to attract $750 million in investments that will cover major industries such as cement, glass, steel and petrochemicals.

The investors will have to adhere to certain conditions, among them a pledge to improve the living standard of workers and raise quality of products.

Hariri said the Glass Works Factory in the restive province of Ramadi is in need of at least $50 million to modernize.

The country’s petrochemical complex in the southern city of Basra requires up to $120 million, he said.

The complex was once one of the largest and technologically most advanced in the Middle East.

Hariri said the steel factory, also in Basra, requires up to $220 million. He said the factory needed new boilers and fresh infrastructure.

Iraq’s cement industry was in need of $360 million, Hariri said.

The minister said the rehabilitation of these companies and several others was necessary to meet needs of reconstruction once security and stability return.


However, he said, security was a necessity for the rehabilitation of these firms as investors, whether foreign or local would only be interested if they knew their entrepreneurial activities will eventually bear fruit.

Originally Posted by michael16

I hope you and Jola are correct. But I am really starting to look on this investment in the terms of years and not months or even just a year.

to funny ......its been years for some of us. and to think I was worried about all my dinar being a long term investment. silly me

Just wanted to make sure this is where I need to be for factual info or as close as it can come, respect a lot of you on this forum. Last thread I was on had a debate and lost bragging on this forum. It was also immediaty closed due to a particular fairyland dreamer! Thanks MOD.

Baghdad-Mahdi Al-Rali sure
The Ministry of Trade proposal to include Iraqis living abroad ration cards, as revealed Undersecretary of the Ministry of Immigrant and Migrant Ministry's intention to submit a draft law to allow the inclusion of this category the salaries of the social safety net along the lines of displaced persons inside the country.

The Director General of Planning kindergarten luxurious "Sabah" that the ministry formed the operation room for the implementation of this proposal, pointing out that, I mean, immigrants in the States where high densities of them. He said : "The ministry event will introduce the proposal to open fueling stations in those countries. And that probably would accept the proposed distribution of lump sums to members of the displaced families and not food rations in order to alleviate the suffering there, a reminder that the ministry is working in coordination with the Ministry of the Interior travel to identify these people and write their monthly inside Iraq and more cooperation with a view to launching the application of the proposal. Observers expect that the resolution raises the reactions of conservative officials before it will encourage the Iraqis to migrate outside the country at a time when government was seeking to attract residents of the neighboring countries and other nations to return to Iraq and to contribute to reconstruction and development.
Observers suggest that the timing of the decision was the reverse of the desire of government officials and military commanders who are out to implement the plan "to impose the law" in order to achieve stability and provide a safe environment for the return of hundreds of thousands of Iraqis living in the countries of the world. From her part, Undersecretary of the Ministry of Displaced Persons and Migrants Hamdiyeh Najaf's ministry to submit a bill to allow the inclusion of displaced Iraqis in neighboring countries, a network of social protection as displaced persons inside Iraq. The confirmed in a press statement the need to provide assistance for Iraqi refugees abroad, especially those who have exhausted their financial resources.
She hoped that the method of implementation of the project and contributes to lift the suffering of the affected portion of this bridge is part of their material needs.