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

King Abdullah II will meet Hakim and Allawi Tuesday

Voice of Iraq) - 11-28-2006
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Oman (votes) of the drinking
Al Iraqi News Agency, the independent (votes) of the sources of Iraqi political sources in Amman, King Abdullah II will meet Tuesday with the leader of the United Iraqi Alliance bloc, parliamentary, The head of the Supreme Council of Islamic Revolution in Iraq, Abdel-Aziz al-Hakim. The same sources added that His Majesty King Abdullah II, will also head of the Iraqi List and the President of the Parliamentary National Accord Movement, Dr. Iyad Allawi.

مThe Jordanian king has begun a series of meetings with leaders of the expanded Iraqi players in the Iraqi issue in order to crystallize a unified Iraqi position as the summit meeting between President George Bush and Iraqi Prime Minister Nuri al-Maliki next Thursday in Amman, designed to alleviate the security crisis that Iraq is undergoing today

In addition to crystallize directly Jordanian role in Iraq.

The King Abdullah II met Monday, secretary general of the Association of Muslim Scholars, Harith al-Dhari, and discussed with him the repercussions of the Iraqi crisis and ways out of them.

Translated version of http://www.sotaliraq.com/

Iraqi developers launch $350 million 'mini-city' in Kurdistan
DUBAI, 27 November 2006 (AFP)

Iraqi developers said Monday they have launched a $350 million project to build a lush "mini-city" in the relative safety of the war-wracked country's northern Kurdish region. The development of "Empire World" in the Kurdish capital of Arbil is designed to "show some hope and some opportunities" in Iraqi Kurdistan, said Michel Hebert, CEO of the Iraqi-owned group Empire Holdings which is behind the venture.

Empire World, which broke ground in June, covers 750,000 square meters of integrated commercial, residential, hotel and leisure facilities in a "mini-city" all-inclusive environment, Canadian-born Hebert told reporters in Dubai.

"The site is designed to provide its users with the latest and most sophisticated technology and services," and will feature two towers, one providing office space and the other housing a luxury hotel, Hebert said.

The project will cost $350 million over eight years, he said, describing Kurdistan as "safe and secure, with a booming investment environment and a diversified economy."

Empire Holdings president Shwan al-Mulla emphasized the favorable nature of the investment climate in Iraqi Kurdistan, "in particular the recent enactment of the investment promotion law which offers attractive incentives for investment and guarantees equal treatment for both domestic and foreign investors."

Iraqi Kurdistan, which encompasses the provinces of Arbil, Dohuk and Sulaimaniyah, was largely deprived of economic development under the regime of Saddam Hussein.

In 1991, the region became virtually autonomous after Saddam was defeated in the Gulf War and the US-led allies made the area a no-go zone for the Iraqi forces. Since then, it has seen progress on the economic front and has largely been spared the violence that has plagued the rest of Iraq.

Iraqi developers launch $350 million 'mini-city' in Kurdistan | Iraq Updates

Originally Posted by shotgunsusie

i seen this dude on tv today and was listening to him. smart fellow and im glad to see they are going to have his rational head amongst them.

The King of Jordan is a pretty sensable guy from what I have seen and read. I was stationed in Jordan during 2003 when we LIBERATED IRAQ. He was taking a lot of shiite from his people for us being there but to give him credit he supported us. Watching him yesterday he seems pretty intelligent as well. I hope between GW and himself they can get this train up to full speed soon.

Iraq to sign oil agreements with Japan
27 November 2006 (Dar Al-Salam)

Iraq's Ministry of Oil has announced that it is in the process of signing agreements with Japanese companies to rehabilitate and develop Iraq's oil industry.

A ministry source said: "The cooperation with Japan will be based upon previous agreement to enable the resumption of function of the Iraqi oil factories and companies that stopped operations as a consequence of the last war."

Iraq to sign oil agreements with Japan | Iraq Updates

Originally Posted by Wm.Knowles

What we have to assume is the CBI is following a well thought out plan. They are sweeping the banks for over 1 trillon dinar which in its self is a dramatic and seldom seen monetary intervention by a small country. They are at the point that they will have to increase the price (I think dramatically) so as to remove additional currency from the market. When the post stated that the CBI president wanted to take care of the "indirect Investors first". He was talking about us. How much is he going to have to pay to get us to turnin our Dinar? Thats why I liked the post about an RV around .04 cents. A lot of dinar would be retrieved at that level. Like another said, "those that have this investment will make money, those that hold over time will be rich. So, I wouldn't worry about the price going down. There are too many players in the world who want this country to win "big time". Lots of financial support. So lets calm down and enjoy the ride. Its not over yet. Thank You.

How long until we reach the 4 cent mark (in your opinion?)
Once we reach there (if we do) how long will we stay there until they move up to 1:1 or higher? I am one of those "indirect investors" that needs the cash but I don't want to cash in too early for too little. Thanks for your reply,

worf

PS Do you give credence to the theory that they will just move on up to 1:1+ in a hurry (by the end of the year) or do you think they will just hold at 4 cents for 6 months or so and try and bleed out the indirect investors before moving up to 1:1+ ?

Guys, check this out, tis a spreadsheet showing gain/loss. Just fill in the green boxes. Got it from dinardo on IIF. Good lad. If you need to change to whatever currency then go into format, cells, currency, make sure all boxes are highlighted and it will change to pounds, euros etc. Very useful.

Prime Minister Nuri al-Maliki today by the President of the whole territory Cordstan Mr. Masood Albarazani and the Territory's Chief Minister Mr. Najirfan Albarazani and a number of ministers of the region and members of the National Council Alcordstani.

.It was during the meeting discussed developments in the political process and the efforts of national reconciliation and reconstruction projects, the parties also discussed ways to strengthen the economic situation and coordination between the bodies concerned in the central government and the territorial government in the areas of finance and economic development.

.The meeting was attended by foreign ministers of finance, trade, planning, higher education, scientific research and a number of members of the House of Representatives.


http://64.233.179.104/translate_c?hl.../nhr1128h.html

Originally Posted by kiko

Iraq to sign oil agreements with Japan
27 November 2006 (Dar Al-Salam)

Iraq's Ministry of Oil has announced that it is in the process of signing agreements with Japanese companies to rehabilitate and develop Iraq's oil industry.

A ministry source said: "The cooperation with Japan will be based upon previous agreement to enable the resumption of function of the Iraqi oil factories and companies that stopped operations as a consequence of the last war."

Iraq to sign oil agreements with Japan | Iraq Updates

Get in there The Kikster!

Originally Posted by Adster
Anything missing???


1. October 15th. 3 year anniversery of the New Iraqi Dinar.
2. October 19th. Religious leaders meet in Mecca to endorse a call for an end to all sectarian bloodshed
3. October 24th. End of Ramadan.
4. October 30-31. IAMB meeting. (Article V111 done and dusted?)
5. End of October. ICBG to launch by end of October.
6. FIL passed 10 October, we were told it would take a month to be officially enacted, so we're looking at around 7/11 for announcement in the Gazette, still nothing, emabargoed??
7. Saddam verdict 5/11, to be hanged within month or 2.
8. Week beginning 5 November, distribution of ration cards........still nothing.
9. Rumour of BoA selling dinars from 13/11, we were told they'd only be dealing with dinars once it was 'trading' internationally........
10. EU Trade signing 20/11.
11. Rate all time high, gone from 1477 to 1439 since 2/11. Article, stating 'Revaluation' has started.
12. 29/11 big meeting with Rice and Bush in Amman......
13. End of November. International Compact for Iraq signed, sealed and delivered, or was it signed 31/10??????? Looking at mid December for this. Hopefully debt forgiveness by Saudi and Kuwait as well.
14. December 12/13th. DFI is turned over to the GOI, extended till 2007.....
15. December 31 end of year 1345 IQD to 1 USD CBI/IMF projection achieved.
16. Oil Law by end of the year.
17. Jan 1st. Beginning of a new fiscal year.
18. March 22, 2007. Iraq's IMF Stand-By Arrangement expires
19. 2008. Iraq begins making large IMF fund payments.



YEP there sure is something missing here. 2 more days for the "NOVEMBER TO REMEMBER!" SO KEEP the fingers crossed for the RV By the 30th of Nov.

Originally Posted by jedi17

If the r/v has started then they better r/v at an appropriate amount before speculation gets out of hand. With that being said, wm knowles will probably say today that it appears we have reached the end of the drying up period. With what we know about r/v's in history typically happening on wed. or the last day(s) of the month...maybe charmed piper is right....November could be our month.

It sure would be great if it happened in November BUT, I feel that with Bush and Maliki meeting in Jordan Wed & Thurs, that the reval won't happen during this time. And since Friday is the first of December.......JMO