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

Originally Posted by DayDream

Neno feel free to move this post to where it belongs

A friend on here showed me how to go over to that other place under a firewall and upon visiting there the last few days, I've noticed alot of my posts are making it over there. So...

Note to oldskiier and Secret Key.... STOP STEALING MY ARTICLES! This is happening too frequently from you two and I don't appreciate it! You don't even bother to change the orginal fonts and colors! Since I was banned from there for not posting..I don't want my articles there either! Get off your lazy duffs and find YOUR OWN articles to post and stop stealing them from here!

I feel better now, especially after putting up with the arrogance of the administrator from over there after I complained to him about it, and having to listen to him slam this forum! What a joke that place has become!

Sorry Neno..but you did relax the rules a little.

Cheers!
DayDream

old skiier is infamous for that kinda crap over at idi. he usually hauls everything he reads over there including full posts of people stating their opinions to get their take, or should i say ridicule. dude, do your own research or read and leave stuff where it is. or continue on showing everyone what kind of bum you really are.

Iraq awards a one-year contract to Global Strategies
25 December 2006 (MENAFN)
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The Iraqi Ministry of Transportation has granted a 12 month contract with a six month option to Dubai-based Global Strategies Group to provide all aviation security services at Baghdad International Airport (BIA), Gulf News reported.

The company said in a statement that Global has provided this service at BIA since June of 2004, and currently retains in excess of 450 Iraqi personnel along with a small project management cell and a team of foreign technical experts.

Global has been working in support of Iraqi national interests since the commencement of its projects in Iraq in March 2003.

Moreover, Global conducted the Iraqi Currency Exchange of 2003-04 throughout the country and continues to provide security and logistics support to key reconstruction projects across the country

Iraq awards a one-year contract to Global Strategies | Iraq Updates

ok neno, your avatar is really scaring me...

Brazil to reopen embassy in Iraq
27 December 2006 (Pakistan Link)
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Brazil will be the first Latin American country to reopen its embassy in Iraq since the 1991 Gulf War, local media said on Friday.

Brazilian Ambassador Bernardo de Azevedo Brito presented his credential to Iraqi President Jalal Talabani in Bagdad this week.

Brito, however, will keep living in Amman, Jordan's capital, until Iraq offers safer conditions, as it would be excessively expensive to resume operations in the Brazilian Embassy's former building in the Iraqi capital.

According to the ambassador, Brazil envisions doing business with the currently unstabl country.

He said the fact that Brazil did not support the U.S.-led military invasion, which deposed former Iraqi President Saddam Hussein, does not mean it does not wish to participate in the reconstruction of Iraq.

Iraq offers great opportunities for food exports, such as beef and poultry meat, in transportation equipments, including airplanes, and in the construction and medical service sectors, said Brito, adding bilateral relations will help Iraq's oil and gas industry to purchase services and technology from Brazil.

There is plenty to do and there is room for everyone, he said.

In the 1980s, Brazil was an important supplier of industrialized products to Iraq, and it imported significant volumes of oil from Iraq. At that time, trade between the two countries reached up to 4 billion U.S. dollars per year.

Brazil to reopen embassy in Iraq | Iraq Updates

Originally Posted by crave681

ok neno, your avatar is really scaring me...

Use the Dinar one for a while. I was just seeing if they all still fit since the New software Upgrades were done. I kinda like my Rock Pose tho.

A Banking expert: Iraqi company for banking guarantees is a right start
27 December 2006 (Iraq Directory)
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The Iraqi company for banking guarantees intends to hold an extensive meeting with heads of the boards of the private banks that fall under the standard of the company at the beginning of 2007 in Amman. Small and medium-sized enterprises owners hopes on the role which should be played by the Iraqi company for the bank guarantees to provide facilitated loans necessary for the activation of their projects, and this is one of the main objectives of the company.

The Banking expert and member of the company's board, Zuhair Al-Hafiz, said that: the meeting to be held in Amman early 2007 aims at briefing the participants with the company's work and the mechanism it adopted in order to activate its role in promoting the march of development, construction and reconstruction in Iraq.

Al-Hafiz also revealed that the private banks of : Baghdad, the Middle East for investment, Basra Private, the Iraqi Private Bank, Sumar Commercial Bank, Alwarkaa for investment, Al-Mosul for Development and Investment, the Bank of the North, Assyrian International for Investment, the Gulf Commercial and the Iraqi Investment Bank took it upon themselves to establish this company which aims at developing the local lending market.

He also said that the objective of the company is to grant the small and medium-sized enterprises access to formal credit sources of funding and banks.

The banking expert, Zuhair Al-Hafiz, confirmed that the company's activities will strengthen the role of the private sector in: the development process, the reconstruction projects and in leading the economic process. The company's loans provided to small and medium-sized enterprises will be guaranteed to activate those important projects.

He explained that the company will help the qualified small and medium-sized enterprises to get credit facilities from private banks. It will support the modern practices in credit and the right banking practices in the process of granting loans to small and medium-sized enterprises as well as assisting private banks to develop new sectors.

Al Hafiz explained that special criteria laid down by the Iraqi company for bank guarantees must apply to the borrower so that the company will guarantee him with the bank referred to which will complete and submit the file of the loan insurance request to the company as well as ascertaining the completion of the necessary procedures of subscription properly. As for the possibility of other banks joining this program, Al Hafiz explained that the private bank which desires to join it should meet the conditions contained in the Convention of the Participant Banks which clarify the obligations of each bank and the Iraqi company for bank guarantees; also, the bank must be licensed by the Iraqi Central Bank and committed to all its rules and instructions, pointing out that the company do not deal with the borrowers directly, but with the participant bank only.

He pointed out that the company had identified the terms of guarantees between 1-5 years to the qualified loans for fixed assets and working capitals, while the term of the short-term loans financing working capitals is not more than 360 days. The loans are paid back in monthly installments. There will be a permitting period to the loan determined by the bank and depends mostly on estimates of cash flows.

A member of the company's board said that the company guarantees loans of the newly established projects.

It should be noted that the Iraqi banking sector needs comprehensive reform to enhance its role in the economic development process in Iraq and to be able to meet the needs of the construction and reconstruction of Iraq, and the company is a sign of starting off towards effective role of the private banks in development

A Banking expert: Iraqi company for banking guarantees is a right start | Iraq Updates

Ibraheem Bahr Al-Uloom: Technical Committee between Iraq and Kuwait discussed joint fields
Demanded using energy as an integrated hub between States
27 December 2006 (Iraq Directory)
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Iraqi former Minister of Oil, Ibrahim Bahr Al-Uloom, said that the statement of the Iraqi Oil Minister Hussain Sharistani in a press conference, on the sidelines of the OPEC meeting held in Nigeria "Abuja" last week, included the activities of the Iraqi Oil Ministry with the regional States in matters concerning the issues of oil and benefit from the common borders between Iran, Kuwait and Iraq, pointing out that the technical committee set up in 2003 between Kuwait and Iraq discussed important topics between the two countries, and the most important of which is the common fields.

Bahr Al-Uloom mentioned that there are more than 50 fields which are either: productive, discovered or partly developed and their potential geological composition contains hydrocarbons that are found in states such as Saudi Arabia, Iran, Syria, Jordan and Kuwait.

Bahr Al-Uloom called for using energy as an integrated strategic hub between the regional countries in order to reach economic an vision, which might be an entrance of the political relations among them.

He pointed out that the Iraqi oil ministry is discussing the draft law of oil and gas which defines the management of Iraqi oil wealth, the power of the ministry and the relationship between the regions, noting that this draft will be completed by the end of next year.

The Iraqi Oil Minister Hussain Sharistani stressed, during his statements in the last OPEC meeting, the need for a new law on hydrocarbons products which will enable companies to conclude national oil contracts for the first time since the overthrow of the Iraqi regime.

Sharistani stated that all contracts which were signed under Saddam rule will be revised again; pointing out that the Iraqi Oil Council will supervise the new contracts.

Ibraheem Bahr Al-Uloom: Technical Committee between Iraq and Kuwait discussed joint fields | Iraq Updates

Originally Posted by neno

I hope you fell better now. Now go get us some more Article's. You have to pay the Price to Play. Just kidding

Cheers!
DayDream

Al-Maliki calls Polish companies to invest in Iraq
27 December 2006 (Iraq Directory)
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The Iraqi Prime Minister Nuri al-Maliki confirmed, after a meeting with his Polish counterpart Yaroslav Kajinski who arrived in Baghdad Wednesday on a surprise visit, his country's desire to attract Polish companies to invest in Iraq.

Al-Maliki said during a joint press conference with the Polish Prime Minister that "there is a desire to cooperate with the Polish companies in the areas of oil, gas and in the military field". He added, "We asked the companies to come to Iraq and hold discussions with the ministers concerned in these areas and we agreed that the cooperation would not limited to oil".

Al-Maliki said that "there are military deals between Iraq and Poland to import weapons and helicopters wthin the military cooperation with the Iraqi Ministry of Defense". Al-Maliki pointed out that Iraq "looks forward to consolidate relations with friendly countries, including Poland".

On his part, the Polish Prime Minister said that "the talks tackled all areas practically and in detail".

In response to a question about the future of the Polish forces deployed in southern Iraq, he said that "the future of our forces stay in Iraq is due to the completion of some tasks that they were charged with (...) We believe that this is necessary not only to Iraq but to the entire world".

Poland, the ally of Washington since the beginning of the Iraqi conflict, deploys a force of 880 military in southern Iraq; 22 of them were killed since the start of the armed intervention in the country in the spring of 2003, including four civilians; two of them were journalists working for the public television.

He stressed that these forces "are present here at the invitation of the Iraqi government. Anyway, the day will come when there will be no need for the stay of our troops in Iraq". He confirmed that his country "is ready for economic cooperation with Iraq", adding that "there are safe areas to invest, but this does not mean that we want to start this cooperation now".

Al-Maliki calls Polish companies to invest in Iraq | Iraq Updates

Just wondering if anyone else saw the article about 50,000 extra troops heading to Bagdad? What a coincidence it is happening right now. Good time to lock it down to disperse the lower demons. JMHO.