Thread: Archive - Latest News Think Tank - 15/01/09 - 04/05/09

Islamic Bank plans to raise 500 million dollars to invest in Iraq

The President of the province of Najaf, Abdul-Hussein al-Musawi, the desire of the Islamic bank and fired more than 500 million dollars to carry out investment projects in Iraq.

The possibility of investing part of the money in the province of Najaf, after obtaining the consent of the prime minister and the signing of agreements between the Organization of the Islamic Conference and the Iraqi government.

This came on the sidelines of the visit of Mr. Ekmeleddin Ihsanoglu, Secretary General of the Organization of Islamic Conference and the delegation of the city facilities and meeting Bmswouliha.

Moussawi also stressed the Organization's support for the draft of Najaf, the capital of Islamic culture in 2012.

http://translate.google.com/translat...kieSupport%3D1

Shabibi: Iraqi dinar is stable and clear in light of low oil prices

The governor of the Central Bank of Iraq that the Iraqi dinar is stable and clear in the light of the decrease in oil prices.

He Alshabibi reporter that "the Iraqi dinar was not affected by this decline obtained by the oil sector in Iraq, much to the presence of a large reserve of foreign currency."

He pointed out that "depends on the bank of banks in monetary policy, pointing out ... that he has a good relationship with Iraqi banks Start the draft and through electronic communication between the Bank and the banks will facilitate the bank's full control and supervision of all banks in order to form a monetary policy and a well-informed.

http://translate.google.com/translat...nomi/7139.html

Central Bank of Iraq celebrated the establishment of a network of Iraqi banks

Central Bank of Iraq was celebrated today on the Al-Mansour Hotel in Cordoba Mlyaea on the creation of (the Iraqi banking system).

And correspondent (and the Iraqi News Agency Information / INA) The celebration was attended by the Iraqi Central Bank Governor Sinan al-Shabibi and a number of general managers of Iraqi banks as well as the personalities in charge of the State.

http://translate.google.com/translat...nomi/7104.html

MP full Albulada: oil and gas law submitted to the Presidency of the Council of Representatives

...A Alent MP Albulada full member of the Committee on the economy and investment in the Chamber of Deputies, said the changes on the oil and gas law has been completed for submission to the Presidency of the Council of Representatives.

Albulada The reporter that there is a desire to pass the parliamentary and the completion of its importance because it became a solution to many problems. Without his presence remains the administration and operations of oil extraction and investment by the law without. She explained that there are many laws associated with it can not be considered or passed before the completion of oil and gas law, noting that the law has become an urgent necessity, a law is the next stage must be completed as soon as possible .

http://translate.google.com/translat...at%2F2247.html

Sources close to Maliki: Iraqi gov would cancel deal of oil held by Seoul with Talabani

Said close to Iraqi Prime Minister Iraqi President has no right to the oil deals on behalf of the government and the advisers to the owners of the Nnigervan President Barzani, Kurdistan Regional Government Talabani implicated in the oil deal with a Korean company by the Government to blacklist the company, pointing out that the Korean National Oil has already signed oil contracts with Kurdistan Regional Government is to return to the central government in Baghdad, forcing the government to stop dealing with them and their inclusion on the blacklist and Iraqi sources said that the Korean company has already assumed management of the two fields are Qush Tapa and Snjawy southern, owns stakes of between 15 and 20 percent in six fields, including the privilege Pazian in the Kurdistan region of Iraq is the only concession which is managed by a consortium consisting of S. K. Energy-largest refiner in South Korea.

The sources said the deal valued at three billion dollars flouted the decision of the illegality of the central government oil contracts entered into by the KRG to sign Talabani possesses no powers to conclude contracts and that his honor and not a real post!

In the opinion of the Iraqi political circles that welcomed the Iraqi government spokesman Ali al-Dabbagh and his announcement that Talabani's visit is of importance but in the framework of courtesies between the Prime Minister and the President of the Republic, but the government will not allow Kurdish politicians to withdraw from beneath the rug for any reason!

A delegation of 40 political figure and the Iraqi government, Jalal Talabani, accompanied on his visit to South Korea, the first visit by a senior Iraqi official to Seoul, for twenty years.

http://209.85.133.132/translate_c?hl...cU5nCSrWIEhSKQ

US Secretary of State makes a phone call with Kurdistan Region President

US Secretary of State Hilary Clinton on late Friday February the 27th made a phone call with the Kurdistan Region President Massud Barzani, media office of the Kurdistan Region President announced in a press release which PUKmedia got a copy.

“Bilateral relations between both sides and promoting these relations have been discussed during the phone call,” the press release said.

“Both sides discussed joint work for establishing a better Iraq, where all Iraqi nations to live freely and enjoy their legitimate rights,” the press release said as well.

“Protecting friendly relations between the US and the Kurdistan Region has been stressed,” the press release concluded.

http://pukmedia.com/english/index.ph...=9570&Itemid=1

Calmness returns back to Kurdistan Region border areas

The bombardments of the Kurdistan Region border areas by the Iranian artillery and the Turkish warplanes have been stopped for 20 days. PUKmedia correspondent reported, “This led to the return of calmness to those border areas, though the people who live in those areas think that the bombing might resume due to the fact that the reason behind its ending is unknown yet.”

http://pukmedia.com/english/index.ph...=9585&Itemid=1

Qaeda 'oil minister' captured

Al-Qaeda's so-called "oil minister" in Iraq has been arrested along with 10 other members of the group, the interior ministry said on Saturday.

"The police in Diyala province arrested eleven members of the Islamic State in Iraq (al-Qaeda's self-styled name there), including Ali Mahmud Mohammed. He is the oil minister of this organisation," the statement said.

The ministry did not say when he was detained, only that he was arrested north of Baquba, the capital of Diyala province and one of the most unstable parts of the country.

Mohammed was known for his involvement in hijacking tanker shipments of crude oil and petrol for al-Qaeda and abducting the drivers.

On February 21, al-Qaeda's so-called "irrigation minister" and "finance minister" were also arrested.

The group's influence in Iraq has been considerably weakened over the past few of years, but it is still capable of launching large-scale attacks.

Its followers are concentrated most heavily in Diyala and in Nineveh, in the north.

The self-styled Islamic State in Iraq was proclaimed in October 2006 and groups a number of Sunni Muslim insurgent organizations.

http://pukmedia.com/english/index.ph...=9581&Itemid=1

Rafsanjani applauds strife and leading role of President Talabani in the new Iraq

Iraqi President Jalal Talabani on Friday Feb. the 27th visited Ayatollah Akbar Hashemi Rafsanjani Chairman of the Assembly of Experts and Chairman the Expediency Discernment Council of Iran in Tehran.During the meeting Rafsanjani welcomed President Talabani warmly and expressed his delight to meet with him. He also expressed his delight for the successes, and progresses that have been achieved after toppling the Iraqi Baath dictatorship regime,

saying “Iran gives importance to the democratic and pluralism system of Iraq,” stressing that the successes of the Iraqis lies in their unity.

Rafsanjani applauded the strife and leading role of President Talabani in the new Iraq, appreciating his intensive efforts to protect Iraq’s integrity, emphasizing the support of Iran to Iraq in all aspects.

Both sides discussed ways for reinforcing bilateral relations between both countries.

President Talabani thanked the Iranian continuous support to the Iraqi people, saying “The Iraqi people is faithful and will not forget favors of its friends,” appreciating Rafsanjani for the warm reception.

http://pukmedia.com/english/index.ph...=9568&Itemid=1

Originally Posted by Seaview

Central Bank of Iraq celebrated the establishment of a network of Iraqi banks

Central Bank of Iraq was celebrated today on the Al-Mansour Hotel in Cordoba Mlyaea on the creation of (the Iraqi banking system).

And correspondent (and the Iraqi News Agency Information / INA) The celebration was attended by the Iraqi Central Bank Governor Sinan al-Shabibi and a number of general managers of Iraqi banks as well as the personalities in charge of the State.

http://translate.google.com/translat...nomi/7104.html

The first mechanism to link the Iraqi Central Bank, banks

Central Bank has completed the first network to connect banks with the Central Bank of Iraq, through the use of the latest techniques in the field of Allowairles.

Al-Saleh and Director Mahuad payments in the Central Bank of Iraq, said the joint team of the Central Bank of Iraq, the Ministry of Communications has completed a project to link the Iraqi banks the Central Bank through the use of the latest techniques in the field of Allowairles which is the first government project of its kind carried out by this new technology.

Mahuad said that the project was financed by the World Bank which are linked to centers of government and private banks in Baghdad and seven centers in the governorates of set-off exists with the Central Bank of Iraq, which is about 30 banks in addition to the Ministry of Finance.

Mahuad and added that the network would reduce the period in which transactions are carried out orders, because the procedures will be automatically, and will take only minutes each building upon the work Almemknn, which reduces errors and increases speed.

He noted that the project will be followed during the next six months clearing system of the instruments and the banks will be able to carry out the clearing of the site, which was needed to be a period of seven days to take place while the process will be timely and completed during the working day.

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