Thread: Iraq/Dinar News. 09/05 to 01/14/07

OCTOBER 27, 2006 - (FIL) FORIEGN INVESTMENT LAW ENACTED

GREAT FIND ONE OAR!!!!!!!!!!!!!!!!!!!!!!!! sEE POST #282 PAGE 29

WAITIN ON THAT HCL - HYDROCARBON LAW!!!!!!

Originally Posted by spice12

WAITIN ON THAT HCL - HYDROCARBON LAW!!!!!!

Can it be that the HCL is passed and enacted, only we don't know it!

Reading that "there is room for (foreign) investment in oil" it seems to me that the HCL could be passed and enacted at the same time as the FIL and could it be that "there is room for agriculture investment" means that they have gotten a WTO membership??

I think everything is ready to boost this economy and to trade international. Maybe I am wrong?

Hope not and that we will see a good RV very soon!

US Energy Secretary Samuel Bodman duly landed in Baghdad this past summer, insisting that Iraqis must "pass a hydrocarbon law under which foreign companies can invest". Iraqi Oil Minister Hussein al-Shahristani was convinced, and said the law would be passed by the end of 2006, as promised to the IMF.

Asia Times Online :: Middle East News - 'Stability first': Newspeak for rape of Iraq

Originally Posted by One Oar

(snip)

Economy, rights, education

The first track is that of improving the Iraqi economy, easing the brunt of poverty inherited from the former regime, and providing public services after the destruction of the infrastructure. Praised be God, there is large improvement in the economy and per capita income and in the level of services that are rendered daily in the various governorates.Also there is improvement in the fields of investment and economy and a rise in the level of income. Hundreds of thousands of jobless people have been employed. This is something which must be taken into consideration. I confidently say, based on accurate figures, that hundreds of thousands of people were absorbed in state institutions in the various domains. These include the educational and industrial sectors. Tens of thousands of people who were dismissed for political reasons during the former regime have been reinstated.

"It also pleases me to talk about the strength of the state in entrenching principles of human rights and developing the educational sectors and higher education. It improved performance in these areas after having inherited ruined schools and universities. Praised be God, our universities have now started to recover and our schools have started to regain their status. Determination is still strong. The state will allocate a large explosive budget next year for all sectors. The budget will for the first time come close to 40bn dollars from 19bn dollars in the first year.

"In order to develop the economic and investment sectors, the government has succeeded in enacting an investment law, which was approved by the Council of Representatives. The Iraqi scene is now open for all national and foreign capital to invest and participate in improving the economic life, creating work opportunities and improving economic performance. There is room for investment in all industrial, agricultural, oil, housing and trade sectors. This gives the Iraqi economy strength and bases it on stronger foundations. It also gives us a chance to move forward towards investment in major projects that will be accomplished this year like the great port of Iraq, airports and large housing complexes. The government has made up its mind to do this and we have instructed the official quarters in the state to allocate a piece of land to every citizen who loses his land and needs to build a house. The real estate banks have also been instructed to provide the citizens with the necessary loans to build houses. The government will pay part of these loans in the form of grants and gifts. The government is also planning to build residential complexes in all governorates and districts to ease the crisis from which the inhabitants are suffering due to the dense population.



More good stuff!!

Woo Hoo!! FIL ENACTED Do you have the link?

Originally Posted by Inscrutable

He could still make an announcement that says the door to investment is open next week. This gives the investors time to gather up more money then they would invest if it was an on the spot notice.
I am personally looking at what happens with the IAMB on the 30th and 31st.
International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI) -- Meeting Schedule and if nothing specific comes out of there I will be looking at the close of ISX business on 11/1 as the results will be a sure sign of what could come on the 2nd.

Okay, I need some verification because I am confused I posted last week about a meeting where Shabibi was keynote speaker. It is not the IAMB unless this is the same thing???

Commonwealth – Middle East –
North Africa Business Forum
Strategic Alliances, Financial Flows and Islamic Banking
30th - 31st October 2006, The Hilton Canary Wharf - London, England

Day One - 30th October 2006 Day Two - 31st October 2006


Close of day one

19:00
Gala Dinner Hosted by : Bloomberg
Keynote Speakers:
Dr Sinan Al-Shibibi, Governor, Central Bank of Iraq
HE Dr Adib Mayaleh Governor Central Bank of Syria

Commonwealth Business Council

Originally Posted by Inscrutable

He could still make an announcement that says the door to investment is open next week. This gives the investors time to gather up more money then they would invest if it was an on the spot notice.
I am personally looking at what happens with the IAMB on the 30th and 31st.
International Advisory and Monitoring Board for Iraq (IAMB) -- An audit oversight body for the Development Fund for Iraq (DFI) -- Meeting Schedule and if nothing specific comes out of there I will be looking at the close of ISX business on 11/1 as the results will be a sure sign of what could come on the 2nd.

The 2nd? My birthday...what a great birthday present, come on r/v

Currency Converter

Is the exchange for EURIQD high because of the auctions stopping? 1871

Originally Posted by kiko

Can it be that the HCL is passed and enacted, only we don't know it!

Reading that "there is room for (foreign) investment in oil" it seems to me that the HCL could be passed and enacted at the same time as the FIL and could it be that "there is room for agriculture investment" means that they have gotten a WTO membership??

I think everything is ready to boost this economy and to trade international. Maybe I am wrong?

Hope not and that we will see a good RV very soon!

Very well could be the FIL was pretty well hidden!

Sorry, I didn't mean to confuse you, what I meant was he could make an announcement at the Joint International Investment Forum while other good things are being handled at the IAMB.

Originally Posted by CharmedPiper

Okay, I need some verification because I am confused I posted last week about a meeting where Shabibi was keynote speaker. It is not the IAMB unless this is the same thing???

Commonwealth – Middle East –
North Africa Business Forum
Strategic Alliances, Financial Flows and Islamic Banking
30th - 31st October 2006, The Hilton Canary Wharf - London, England

Day One - 30th October 2006 Day Two - 31st October 2006


Close of day one

19:00
Gala Dinner Hosted by : Bloomberg
Keynote Speakers:
Dr Sinan Al-Shibibi, Governor, Central Bank of Iraq
HE Dr Adib Mayaleh Governor Central Bank of Syria

Commonwealth Business Council