This is huge!MENAFN - 30/10/2006
MENAFN) - According to officials, Iraqi parliament approved the foreign investment law and now as the first step toward many Saudi investments coming to Iraq, many Saudi businessmen are getting ready to establish a number of development projects in the country, Al-Eqtisadiah Daily reported.
Authorities in Iraq are reviewing the projects and providing the necessary guarantees to attract investors and attract more Arabian capital.
Consultant at the Iraqi ministry of housing said that there are three major projects that Saudi investors tend to launch in Iraq, that include industrial, housing and agricultural investments with the total investment estimated at more than $587 million. The agricultural project is considered to be the biggest one, occupying a large space of land and will improve the Iraqi agricultural production.
The projects will help in developing the infrastructure of Iraq and their investment will be a great benefit to the country. The projects will also receive many incentives such as tax exemption for 10 years and the option to transfer the money abroad after paying the Iraqi government.
The consultant pointed out that a business forum would be held in the upcoming two months in Kuwait where Iraqi businessmen will meet their Arab counterparts to reveal investment opportunities in Iraq. About 500 Saudi companies are expected to attend the gathering.
MENAFN - Middle East North Africa . Financial Network News: $587 million Saudi investments in Iraq
Please visit our sponsors
Results 18,701 to 18,710 of 37617
-
30-10-2006, 01:37 PM #18701
- Join Date
- Sep 2005
- Posts
- 1,231
- Feedback Score
- 0
- Thanks
- 389
- Thanked 358 Times in 48 Posts
-
30-10-2006, 01:52 PM #18702
- Join Date
- Jun 2005
- Posts
- 5,536
- Feedback Score
- 0
- Thanks
- 4
- Thanked 148 Times in 10 Posts
Yes it is choochie, have to remember that majority of Saudi people are Sunnis. The ones in power in Iraq behind the scenes are Shiites. Could be why both Saudi and Kuwait have taken so long in forgiving debt. But to see the above, they're queueing up to line their pockets. Money is bigger than religion etc......
We're on the verge of something so so special.Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
-
30-10-2006, 02:07 PM #18703
- Join Date
- Jun 2005
- Location
- Finland
- Posts
- 1,007
- Feedback Score
- 0
- Thanks
- 56
- Thanked 1,363 Times in 444 Posts
-
30-10-2006, 02:16 PM #18704
- Join Date
- Jun 2005
- Posts
- 5,536
- Feedback Score
- 0
- Thanks
- 4
- Thanked 148 Times in 10 Posts
Get it done for facks sake!
SAUDI ARABIA: IRAQI SUNNIS AND SHIITES TO SIGN PEACE DECLARATION
Mecca, 20 Oct. (AkI) - Iraqi Sunni and Shiite religious leaders are due on Friday to ink a 10-point peace accord in the holy Saudi city of Mecca aimed at ending the sectarian bloodbath in Iraq, pan-Arab daily al-Sharq al-Awsat reported. Representatives from the Sunni Ulema Council - Iraq's highest Sunni religious authority - and Shiite clerics from the holy Shiite city of Najaf will attend the signing of the document, which condemns the slaying of civilians and the destruction of mosques, and calls for the withdrawal of American troops and for national unity.
At least 100 civilians are being killed each day in Iraq, according to the United Nations. The latest figures from the Iraqi health ministry stated that 2,667 people were killed in the Iraqi capital, Baghdad during September, 400 more than in August.
In July and August, 6,599 people were killed across the country, of which 5,106 were killed in Baghdad, according to the UN.Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
-
30-10-2006, 02:20 PM #18705
- Join Date
- Jun 2005
- Posts
- 5,536
- Feedback Score
- 0
- Thanks
- 4
- Thanked 148 Times in 10 Posts
They both follow Islam as their religion.
Saudi Arabia occupies the Holy Land of Islam one could say it's the Muslim Vatican, but with oil.
But the Saudi government is not just Muslim it's Wahhabist. This is a fanatical sect that preaches holy war and the violent enforcement of Muslim law on believers and unbelievers alike.
The only difference between the Saudi government and Al Qaeda is that Al Qaeda rejects cooperation with the West, while the Saudis think the more effective path is to cooperate with the West on the surface while proselytizing for Wahhabism, preaching hate for and murder of all opponents of Wahhabist ideology.Last edited by Adster; 30-10-2006 at 02:23 PM.
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
-
30-10-2006, 02:21 PM #18706
-
30-10-2006, 02:26 PM #18707
- Join Date
- Jul 2005
- Location
- colorado
- Posts
- 573
- Feedback Score
- 0
- Thanks
- 306
- Thanked 496 Times in 47 Posts
I guess I should get my eyes fully open before reading dinar forum. I could have SWORN it said Grand Canyon. I spent a full five minutes wondering why you were posting anything about the Grand Canyon, and why in the world it would be raining there. Geez. Good morning all! And blessings on a speedy reval.
kristin
-
30-10-2006, 02:33 PM #18708
- Join Date
- Sep 2006
- Posts
- 1,631
- Feedback Score
- 0
- Thanks
- 415
- Thanked 2,241 Times in 226 Posts
10,000 Iqd
Just received another response to my email regarding the 10,000 IQD.
Iraqi maintenance at a base NW of Baghdad are saying they have heard rumor the money will be received next month. Again...this is only local information.
-
30-10-2006, 02:34 PM #18709
- Join Date
- Sep 2006
- Location
- AZ
- Posts
- 276
- Feedback Score
- 0
- Thanks
- 3
- Thanked 23 Times in 8 Posts
BBC NEWS | UK | Basra consulate staff relocated
Basra consulate staff relocated
The British Consulate in Basra
The British Consulate in Basra has been a target for attacks
Several civilian staff are being moved from the British consulate in Basra because of safety concerns.
The Foreign Office said the move was "in response to increased threats from mortar and rocket attacks".
Some Foreign Office and Department for International Development workers will be moved temporarily to the airport outside the southern Iraqi city.
But the consul general, along with other senior and core staff, will stay at the Basra Palace headquarters.
A spokeswoman said the move was "not irreversible" and denied it was an evacuation.
'Remain committed'
"We are not going to diminish the work we are doing out there," she said.
Foreign Secretary Margaret Beckett added in a statement: "There are two important points to make about this decision. The first is that we will stay in Iraq until the job is done.
"We have adapted because we remain committed to the people of Basra and the elected Iraqi government.
"The second [point] is to recognise the bravery of our civilian staff, all of whom have volunteered to serve in Iraq and who demonstrate that bravery and dedication each day in spite of these attacks."
According to a report in the Daily Telegraph, the move is in response to a private security assessment which advised Consul General Dr Rosalind Marsden and her staff to leave the building.
The consulate has been the target of mortar attacks over the last two months.
The newspaper reports that the re-deployment of consular staff has "infuriated" senior military commanders, who believe it sends out a message that insurgents are winning the struggle to push the British out of the southern Iraqi capital.
A spokesman for the Ministry of Defence declined to comment.Like to Shop? Like to Save Money? What if you could do both and Make Money Also?? Be sure and check this out!!! "MyWorldPlus"
I am JustPraying and I am also a Dreamer!
Do a good deed for someone that you don't know each day!
-
30-10-2006, 02:34 PM #18710
- Join Date
- Jun 2005
- Posts
- 5,536
- Feedback Score
- 0
- Thanks
- 4
- Thanked 148 Times in 10 Posts
Last edited by Adster; 30-10-2006 at 02:38 PM.
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 143 users browsing this thread. (0 members and 143 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.