Thread: Archive News - Iraqi Dinar Think Tank - 28/03/10 - 21/06/10

Asiacell Plans to Change the Currency Used In All Its dealings and tariff prices from US Dollar to Iraqi Dinar

As part of its ongoing commitment to contributing to the development of the Iraqi economy, and within its aim to advance the financial situation in Iraq, Asiacell - the largest private Iraqi company and the first and only m.obile telecommunications company to provide coverage for all of Iraq - announced its plans to change the currency it uses in all its dealings and tariff prices from US dollar (USD) to Iraqi dinar (IQD).

Asiacell's decision to implement this currency switch is based on the Iraqi Government's request for telecom companies to use Iraqi dinars instead of US dollars in all their transactions and dealings. The company's plan also reflects Asiacell's efforts towards developing the Iraqi telecom sector and bolstering the nation's economy, which would positively impact both the nation and its citizens.

Within this context, Mr. Faruk Mustafa Rasool, Asiacell's Chairman, said: "Asiacell is a leading national company in the Iraqi telecom sector, and is an authentic Iraqi investment that adheres to national policies aimed at serving the nation and its people. As such, we proudly bear our responsibility towards driving the country's economic development, overcoming all economic obstacles, and contributing to restoring the domestic currency. Our decision confirms our ongoing dedication to enhancing the trust our customers have placed in us in order to remain as their number one choice for telecom services in Iraq and contribute to supporting the collective developmental efforts towards building the new Iraq."

http://www.zawya.com/story.cfm/sidZA...aqi%20Dinar%20

About Asiacell

Asiacell, the first m.obile telecommunications company in Iraq, was established in the city of Sulaimaniya in 1999 by the well-known entrepreneur Mr. Faruk Mustafa Rasool. It is today the only national Iraqi telecom network to provide coverage for all of the country's provinces in the north and the south and is the largest private Iraqi company, serving over 7.5 million subscribers and connecting the Iraqi nation together.

http://www.zawya.com/story.cfm/sidZA...aqi%20Dinar%20

Speaker, Issawi discuss coalition building

Iraq’s outgoing Parliament Speaker Iyad al-Samarraie has met with the deputy prime minister, Rafie al-Issawi, to discuss possible coalitions and the crisis resulting from recent statements by election winners.

The officials have discussed the recent developments on the political scene and coalition maps, according to a statement released by Samarraie’s Iraqi Accord Front (IAF) and received by Aswat al-Iraq news agency.

The meeting has also tackled means of getting out of the “current crisis”, which resulted from statements by winning political blocs, according to the statement.

On Friday (March 26), the head of al-Iraqiya List, which won Iraq’s parliamentary elections with 91 seats, told al-Sharqiya TV that his list had assigned its candidate, Deputy Premier Rafie al-Issawi, to hold talks with the winning blocs in order to form a new government.

http://en.aswataliraq.info/?p=129282

IAF expresses reservations about election results

The Sunni Iraqi Accord Front (IAF) has expressed its reservations about the outcome of the parliamentary elections, which has resulted in the victory of Iyad Allawi’s al-Iraqiya List.

“From the beginning, the IAF has pointed out that the electoral process was not conducted with a high level of transparency. Serious violations have marred it. Therefore, the front is challenging the results and expresses its reservations about the related results that have been announced,” the front said in a statement published on its web site.

Iraq’s Independent High Electoral Commission (IHEC) had announced the parliamentary election results on Friday (March 26) in which former prime minister Iyad Allawi’s al-Iraqiya bloc obtained 91 out of the parliament’s 325 seats, followed by incumbent Prime Minister Nouri al-Maliki’s Dawlat al-Qanoon (State of Law) with 89 seats, the Iraqi National Alliance (INA) with 70 seats and the Kurdistan Alliance with 43 seats.

http://en.aswataliraq.info/?p=129291

Issawi, UN envoy discuss efforts to form new govt

The outgoing deputy prime minister, Rafie al-Issawi, has met with the special representative of the United Nations secretary general for Iraq (SRSG), Ad Melkert, to discuss efforts to form the upcoming government.

The two officials have discussed a number of issues in light of the outcome of the parliamentary elections, according to a statement released by Issawi’s office and received by Aswat al-Iraq news agency.

The meeting has also tackled al-Iraqiya List’s talks with the winning blocs to form a new government.

http://en.aswataliraq.info/?p=129292

Names of winners to be published Mon - IHEC

The names of the winners in Iraq’s parliamentary elections will be published tomorrow in the country’s official newspapers, the head of the Independent High Electoral Commission (IHEC) said on Sunday.

“The participating blocs, which object to the results of the elections, have started to submit their objections…,” Faraj al-Haydari told Aswat al-Iraq news agency.


http://en.aswataliraq.info/?p=129304

CBI’s dollar sales reach 176m on Sunday

The Central Bank of Iraq’s (CBI) dollar sales rose to $176.920 million in its daily auction on Sunday, compared to $168.910 million in the previous session.

“The demand hit $3.05 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $173.870 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency.

None of the 12 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=129309

1,400 checkpoints inside Iraqi capital Baghdad

There are 1,400 check points inside Baghdad, screening individuals and vehicles for weapons and explosives, said an Iraqi military spokesman.

Lt. Gen. Qassem Atta, who speaks for the Baghdad Operations Command, said Iraqi troops were on full alert to prevent a return to violence in the aftermath of the general elections.

Atta said Baghdad command had drawn the emergency plan before the election and will continue until a new government is formed.

Asked whether the command would reduce the number of checkpoints in the future, he said: “There is a plan to reduce the number by 5 per cent.”

However, he said the measure would largely depend on the availability of advanced equipment to detect bombs and explosives and “the readiness” of Iraqi security forces.

He said it would take one more year for the troops to be ready.

Asked whether there were fears of an upsurge in insecurity in light of the results of latest elections, he said: “I foresee no security vacuum … the plan (we have) has put all possibilities into consideration.”

He denied allegations that Iraq security forces suffered from sectarian affiliation and that a change in government or prime minister, who is the commander-in-chief, might plunge the country into another cycle of violence.

“The basic task of the security establishment is to guard the constitution … Its relations with the commander-in-chief is not related to the person but to the office … I do not think there will be changes … whether the outgoing Prime Minister Noor al-Maliki gets a second term or some else replaces him.”

http://www.azzaman.com/english/index...03-27\kurd.htm

Haider Jourani: the impossibility of entering a coalition of law in an alliance with the Iraqi List all components

According to a member coalition of law Haider Jourani the impossibility "to enter the coalition rule of law in alliance with the Iraqi List in its present configuration"

He accused Jourani in contact with the agency and the independent press (Iba) that the Iraqi List, "slogans and calling for the Baath orientation, it is difficult to link with people associated with the Baath." (By saying).

"The national interest requires an alliance with those who believe in the Constitution and the democratic political process in Iraq," noting "it is possible that the allied coalition with the applicable state law, or political entity within the Iraqi List, believes in these principles."

The President of the Iraqi List, Iyad Allawi, said that his list is open to all lists and winners do not win elections and a coalition of state law to alliances coming period.

He Jourani "The paths of dialogue going on by a coalition of law at the Iraqi National Alliance and the Kurdistan Alliance for the presence of pillars combine these parties, and things are getting back on track."

Previously, the Islamic Dawa Party joined the coalition with the quartet also offers Supreme Islamic Iraqi Council and the main Kurdish party members.

http://www.ipairaq.com/index.php?nam...itics&id=23068

Abdul Karim Al-Samarrai: Kurds is an important element in the component of Iraq and should have a site in the coming period

According to a member of the Iraqi Abdul-Karim al-Samarrai that "the Kurds and an important component element of Iraqi society and should have a site in the coming period," adding that "the agreement on the positions of sovereign depends on the nature of future alliances between the political blocs."

Has started the political blocs in parliamentary elections, winning their discussions to reach the next period alliances to form a new government.

The Samurai in contact with the agency and the independent press (Iba) "is not necessarily to be taken positions sovereign election results," noting that "the political landscape today is different from four years ago, through the nature of alliances and political program."

Featured in the Iraqi political scene after the previous parliamentary elections in 2005 a political system to govern Iraq based on national and sectarian lines.

With regard to the objections of some political blocs on the election results continued Samurai "that the right of every list, party and political bloc to present challenges to the region in which some votes to the Electoral Commission," stressing that "these objections have no value because it is based on some of the misgivings and doubts."

The Iraqi List, won first place in the ELTINAY election results released on Friday, with 91 seats while the coalition of the rule of law in second place with 89 seats, followed by the Iraqi National Coalition by 71 seats and the Kurdistan Alliance 43 seats.

http://www.ipairaq.com/index.php?nam...itics&id=23058