How about a large and vocal WOOT!!!!!!Friends, the exciting news for today revolves around the electronic systems being ready to go soon for the ISX.
The company that was awarded a five year maintenance contract on top of the installation is www.omxgroup.com
Check out this company and their professionalism . I had fun looking at who were their main shareholders as well.
Once you checkout OMX, you will never doubt the Iraqi bourse, ISX ( Iraq Stock Exchange)
I remember...when they were hoping to be on GO last fall. In December, a group went for training on the electronic equipment for 30 days. A group also went for training 30 days in February, 2007. Equipment came into Iraq this Spring which had defects and needed to be replaced. The FIL was passed but the delay was implemented. Possibly because of the electronics and the RV.
Bottom line...we are close...the ISX will be great...(even Vietnam had the most successful bourse in the world last year)... Mr. Shabibi the Governor of the Central Bank of Iraq thinks a high RV will help bring money into the banking sector....Just imagine...a high Rv will mean funds put into the banks...when one of their goals is to promote banking....
Love and Hugs from Inquisitive
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07-05-2007, 04:15 AM #391
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07-05-2007, 04:24 AM #392
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" May the fleas of a thousand camels infest the armpits of any infidels who stand in the way of the $1.48 reval of our blessed Dinar."--Some Iraqi guy
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07-05-2007, 04:31 AM #393
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Shotgun Susie for PRESIDENT!!! whew, hows that for my first post....?
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07-05-2007, 04:46 AM #394
The announcement per an Iraqi (whom works directly with my husbands team) was approximately 1 week before my husband came home from Iraq which was March 26, 2007. Supposedly on Iraqi television. I asked my husband the same question regarding it being on their tv and not ours. I can only tell you what this iraqi has said and my husband feels that he has no reason to lie. Dont worry about insulting me regarding my not believing in the dinar. Im trying to get educated and have had so much instilled upon me growing up time and time again regarding the saying......If its too good to be true it usually is. I find these threads very interesting and would love to see this dinar rv. Im not going to sit here and say you all are a bunch of fools because i dont believe that one bit. I see my husband and I hear what my husband says and I support him 100%. He believes in this dinar. I just dont understand it and thats why i say Im getting educated by reading these threads. I find it very interesting and I honestly dont see how it couldn't rv.
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07-05-2007, 04:55 AM #395
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Went to the Haji shop the other day to pick up an Anniversary gift for my wife. They sell old Saddam ERA currency and other cool Iraqi gadgets. I asked the clerk if I could buy the New Iraqi Dinar, and he was quick to say NO! Now the guys over here before me had no problem getting NID through the Clerks here. Not sure what the why, but if you read a post before I wrote a similiar question about the exchange rate and the clerk quickly asked his fellow Iraqi and he quicly mentioned the CBI and that days rate. What this all means to me is their mindset and processes have obviously changed. NOT having a black market currency rate or ability to buy it in the same place you can buy knock off jewerly, purses and watches is a bit fishy. Good news for us though. I have to agree with all other on the fact that we are closer then we think.
CASH..........OUTEnjoying the thoughts of early retirement
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07-05-2007, 04:58 AM #396
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Thank you for your thoughts. That is what this place is truly about. People being to express their views without the bashing taking place. I for one am in the other boat, after reading all the articles and hearing the news that has come out the past year, I can see how it could and most of all why it must.
I would agree that if its too good to be true it usually is... on this side of the pond, but over in Iraq this is a chance at a life not just an existence.
Keep on posting and keep on educating yourself, the more you know...well the more you know.
don
ps welcome
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07-05-2007, 05:02 AM #397
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Economic Assabah : million dunums of agricultural land in the western regions virgin
While the Arab and international companies desire to invest
BAGHDAD- Hassan Al-Rubaie
With studies and statistics available to the Ministry of Agriculture the existence of more than 2 million dunums of agricultural land eldest promising mostly in the Western Desert region tend necessary to invest and start agricultural projects giant, would activate the production of different crops and agricultural commodities
References Ministry of Agriculture this falls within the framework of expanding farmland in the western regions, which observers had expected positive repercussions on the ground.
She welcomed the social circles to invest in those areas and told (morning) : it is a serious step for Agricultural Development is incumbent on the Ministry of Agriculture should work to enhance these investments and make it a reality on the ground.
Tend investments in the vast areas of virgin land to the promising economic indicators up activating the agricultural sector, which provides agricultural yields make serious contributions to food security not only for the western regions, but for all other regions.
According to agricultural sources : these regions saw production and Vera Calhanth of field crops, barley and confirm their sources of these virgin land for the production of other agricultural crops contribute to the reduction of the import of fruits and vegetables in order to reduce the marked increase in prices.
In the same context, economists told (morning) that the activation of other productive sectors, including the agricultural sector will work to diversify the sources of income of the Iraqi economy, which now relies on oil export revenues alone.
They suggested that the government is devoting its utmost to activate the economic and providing an appropriate environment for agricultural investment, especially in the western regions which possess vast viable investment.
Meanwhile, a number of American companies, French, Korean, Saudi, Kuwaiti and UAE desire to invest in the western regions, especially in the occupied announced by the Ministry of Agriculture.
Analysts see that the desire of companies to invest came after exploration of the nature of the geological land of investable Balkzin oil wealth and enormousJULY STILL AINT NO LIE!!!
franny, were almost there!!
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07-05-2007, 05:09 AM #398
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Economic Assabah : economic conference on the reconstruction of Iraq in Slovakia
Preparations for the meeting early next June
Baghdad morning
:Embrace Slovakia in the first week of next June conference economically mean the Iraqi situation and the economic reconstruction and the beginning of next June. This announcement was told (Sabah), Dr Khairi, chairman of the club Atlantic Iraqi He said :
The conference will be experts in the international economy and will be held under the auspices of the Iraqi Ministry of the Slovak economy in cooperation with the Slovak embassy in Baghdad. He pointed out that the conference will be widely attended by the Slovak Atlantic and the Atlantic Club Iraqi Algiki Atlantic Council and the Hungarian Atlantic Council and the Atlantic Club and the Hungarian Atlantic Treaty Association ATA.
The club in collaboration with the embassy in preparation for the conference, which aims to develop economic relations between the countries of NATO with Iraq, in addition to contributing to reconstruction. And that is issuing invitations to prominent businessmen in Iraq and the host of the addition to the economists mentioned above. And they will be on the sidelines of the conference working sessions and meetings between international companies with Iraqi companies for the most prominent of Iraq's needs in the fields of economy and trade all. He concluded his statement by noting that this activity would contribute to activating and re-commercial and economic relations between the two countries is part of a series of events and activities undertaken by the Atlantic Club with Iraqi partners.JULY STILL AINT NO LIE!!!
franny, were almost there!!
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07-05-2007, 05:11 AM #399
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07-05-2007, 05:12 AM #400
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Economic Assabah : Federation of Iraqi Chambers of Commerce demanding release of its assets frozen
Includes 611 thousand Iraqi trader
Baghdad-Yasser ascendant
Federation of Iraqi Chambers of Commerce advanced steps on the road to activate the role of the private sector in the reconstruction of Iraq within the framework of its attempt to take Iraqi traders role in the economic variables required in the country
The head of the Federation of Iraqi Chambers of Commerce Jaafar Al-Hamadani Messenger : The Russian managed in a short period of Fidget would procedure after the elections to the unions departments scattered in 18 provinces, including Kurdistan, which in turn elected President of the Union of Chambers and his two deputies.
He demanded the government to release European stocks were a reference seized by the state to keep them from tampering remnants of the old organizations.
He said : The grounds of arrest had ended after the board of directors met and elected Russian President, VP, in the city of Arbil in Iraqi Kurdistan, where elections were held in July last year, followed by complementary elections in 27 / 12 / 2006, and expressed hope that the ministerial committee fired balances so that the implementation of the objectives and achieve obligations.
He added that the stocks will lift the performance of unions and assist in implementing various programs to enhance the performance of Iraqi traders and expand cooperation relations with the world countries to benefit from international experiences through exchange of delegations and the establishment of training courses to prepare traders unable to cope with having dropped out of the world for many years.
Regarding the latest Al-Hamadani pointed out that the number of members belonging to the Federation and its branches throughout the country reported 611 thousand dealer and the various magistrates, indicating the importance as a critical link in the European dealings and the cooperation and coordination between the state and ensure the rights of traders in front of the business dealings.
Turning to the laws and legislation adopted as it does not suit the responsibility of the Federation and its branches in the new transformations in the country and the need to recast and renew a view to expanding the performance of the private sector, pointing out that the most important features of a market economy, which represents the economic program of the new Iraq is how effective the private sector and its role in the leadership of economic transformations.
The deal Jaafar Al-Hamadani told in "morning" to a subject of great importance when touched on intellectual property law, said : "If what has been written for this law recognized and successful, it would result in both economic and social variables.
It stressed the need for Iraq to join the World Trade Organization and said : that means re-join international role required of Iraq and entering the global market, equivalent to a robust economy, and he enjoys many advantages that it is ruling most of the treasures and natural resources is one of the rich nations in the world, pointing at the importance of openness to the world and to achieve the return of Iraq into the international arena.
And on the qualifications to join Iraq and the ability of the private sector to lead the economic transformation, he said : that Iraq possesses the expertise of mental and intellectual and scientific and skilled in every country in the world - that the private sector needs to support the government at this stage for the advancement of performance and achieving transformations.
Al-Hamadani also pointed out that the European sponsored and organized a number of exhibitions in the reconstruction of Iraq, Iran and Turkey intention to stay in the Gulf States where he participated in the exhibition appointed Tabb in Turkey as well as in the exhibition Diyarbakir, an exhibition of medical and pharmaceutical industries in the State of Kuwait brotherly pointing to the importance of such exhibitions in informing the merchant and businessman Iraqi on the findings of the evolution of the world in different areas and the transfer of global experiences in this field.
Among the most notable achievements affirmed that the European approached the ministries of Finance and Trade to activate the role of traders and contributing to bring items on the ration card as evidenced them to defy odds and despite the circumstances brought security complex.
Al-Hamadani stressed that the Russian was still pursuing the issue of traders affected by the terrorist operations in commercial markets in Baghdad and other governorates, and demanded compensation, in addition to the Lebanese Ministry of Finance on the granting of traders as soft loans to expand their business has gone remarkably spare Union in this regard.
He pointed at the conclusion of the meeting, to the promising future awaiting Iraq after it was approved Investment Law, which he described as the key to the President starting economic development in the country, will contribute to attracting foreign capital and modern technology, which contributes to the reconstruction of Iraq, pointing out that the advantages included law guaranteeing the rights of Iraqis in true partnership with international companies as well as contribute to the deadly combat unemployment through job creation and broad.JULY STILL AINT NO LIE!!!
franny, were almost there!!
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