Thread: Archive News - Iraqi Dinar Think Tank - 06/10/2010 - 24/01/2011

The advisory board put a map of the economic reform

The economic expert on behalf of that beautiful body of advisers to the prime minister will lead a major project of economic reform.

He's beautiful (news): that there is a big project will be led by the advisers will serve as a road map for economic reform, which deals with all the projects in state institutions, pointing out that the project includes the rehabilitation of factories and the Ministry of Industry to implement the (192) projects.

He beautiful that the factories of industry (to suffer from interruptions and poor production and allocations over seven years, which led to the thinking in the restructuring of these factories to make them vital and productive, calling for private sector involvement in these projects in collaboration with the Ministries of State. He nice to economic reform needs to be five years for the advancement of new, particularly that Iraq possesses huge wealth from oil and agricultural land need to be enlightened and sophisticated minds.

http://www.alsabaah.com/ArticleShow.aspx?ID=746

Arab League complete their preparations to host economic summit

League of Arab States has completed all preparations for the convening of the Arab Economic Summit II in the resort of Sharm el-Sheikh in Egypt next week.

Said Ambassador Muhammad bin Ibrahim Al-Tuwaijri Assistant Secretary-General of the Arab League for Economic Affairs at a news conference that the university has completed its preparations for the convening of the Arab Economic Summit II resort of Sharm el-Sheikh, which will begin on Jan. 15 a meeting of permanent representatives and after a meeting of Foreign Ministers and the meeting of ministers of trade and finance.

He explained that the meeting of presidents and the Arab leaders will be held on 19 this month, attended by Iraqi President Jalal Talabani.

http://radionawa.com/Ar/NewsDetailN....849&LinkID=155

Kurdish lawmaker believes that the time is not appropriate to hold the Arab Summit in Baghdad

The Deputy of the coalition of prominent Kurdish blocs, on Tuesday, said he believed that the time is not suitable to hold the Arab summit in Baghdad.

"Said Mahmoud Othman, Kurdish news agency (Rn)" I see, according to personal opinion that the time is not suitable to hold the Arab summit in Baghdad, you'd better be held in 2012. "

He added that "next year will be U.S. troops out of Iraq as well as the political situation is stable, where he served more than the work of ministries and ministers, as well as internal conditions stable and therefore my opinion stems from it."

Osman said that "everyone wants to be holding the summit in Baghdad on schedule and I disagree with them on this matter."

The Secretary General Amr Moussa of the League of Arab States visited Baghdad on Saturday to see Iraq's preparations to host the Arab summit in March.

The diplomatic sources revealed that a number of Arab leaders do not want to come to Baghdad and protected by U.S. forces.

The government received a formal notice informing them of holding the summit in Baghdad, according to MP Hassan Sinead, who told Al (Rn) earlier.

http://www.aknews.com/ar/aknews/4/209523/

Missan Oil Company achieves increase of over 3 million barrels of oil in 2010

Southern Iraq Missan Oil Company’s Director has said on Tuesday that his company had achieved an increase in its oil production by more than 3 million barrels in 2010.

“Our Company has achieved an increase in its oil production from its oil fields of 3 millions and 215,000 barrels of oil in 2010, compared with its production for 2009,” Ali Maarij told Aswat al-Iraq news agency.

Maarij said that his Company had achieved the excavation of 4 new oil fields in different parts of the Province, along with the presence of a study to develop the border oil fields, through coordination with the Iranian side.

Noteworthy is that the production capacity of Missan Oil Fields exceeds 100,000 barrels per day (bpd), whilst the geographic area of Missan Province comprises six productive oil fields, including Bazergan, Abi-Gharb, Fakka, Halfaya, Imara, as well as the Majnoun Oil Field that is under joint control between the Missan Oil Company and the Southern Oil Company.

The same geographic area consists of five discovered and non-produced fields, such as Howaiza, al-Rafi’e, Rafidain al-Sharqi, Dujeila and Komeit.

http://en.aswataliraq.info/?p=140482

Iraq-Iran Free Market to open in southern Iraq’s Wassit Province

An agreement has been reached between Iraq and Iran to open a joint free market in southern Iraq’s Wassit Province, the Province’s Council Chairman said on Tuesday.

“Wassit’s Council had exerted big efforts to reach an agreement with the Iranian side to open a joint free market between the two countries at Zurbatiya border point, 90 km to the east of Kut, the center of Wassit Province,” Mohmoud Abdul-Rida told Aswat al-Iraq news agency.

He said the opening of the joint free market “is taking place, being part of the Council’s plan to raise the economic status, due to neighborly Iran’s progress on the economic, industrial and trade exchange fields.”

“The Council has organized a new mechanism to facilitate the passage of Iranian visitors through Zurbatiya border point, to visit the sacred areas in Iraq,” he said.

http://en.aswataliraq.info/?p=140484

Iraqi government seeks to use nuclear energy for various projects

Deputy Prime Minister for Energy, Hussain al-Shahristani, the government was considering the possibility of use of nuclear energy in various projects.

Shahristani said at a joint press conference Monday with Minister of Economy, Trade and Industry of Japan Akihiro Ohta they are studying the possibility of the use of this energy and investment in many aspects, adding that they spoke with the Secretary General of the League of Arab States Amr Moussa, in this context, cooperation with the Japanese side because it has extensive experience in the use of nuclear energy to develop and strengthen the rest of the industry.

Shahristani said that Iraq sought to promote joint cooperation with the Government of Japan in various fields, particularly economic, trade and oil.

He explained, that term the next few will visit the large Japanese trade delegation from the public and private sectors to discuss investment opportunities and access to the Iraqi market.

http://radionawa.com/Ar/NewsDetailN....838&LinkID=155

Agreements with Japanese companies to invest in Iraq – al-Shahrestani

Deputy Prime Minister for Energy Affairs, Hussein al-Shahrestani, said on Monday that there are agreements between Iraq and Japanese companies to invest in the country in various domains.

Speaking at press conference with Japanese economy and industry minister, al-Shahrestani said “Iraq is on the right track toward attracting investments and there are agreements between Iraq and Japanese companies to invest in all fields to improve the service reality in the country.”

“The companies will concentrate their investments in energy and communication sectors,” he added.

http://en.aswataliraq.info/?p=140464

Researcher: the Iraqi economy needs to restructure between the state and the private sector

Economic researcher said Hazim al-Naimi said that if Iraq was in a real job to invest in spite of the many disadvantages in the budget of 2011 will be a positive start toward improving the performance of the Iraqi economy, he said in a statement singled out by the NOAA radio that the economy needs to restructure the state and the private sector.

http://radionawa.com/Ar/NewsDetailN....846&LinkID=155

Iraq contracted with foreign investors for the provision of electric power

The Director of the Office of the Adjutant General of the armed forces for the formation of a committee to contract soon with foreign investors to provide citizens with electric power for a period of five years.

The director of the Office of the Adjutant General of the Armed Forces, Farouk al-Araji at a meeting held on Monday under the chairmanship of Prime Minister Nuri al-Maliki brought together governors and heads of provincial councils was due to be contracted soon with a number of foreign investors to provide citizens with electric power for five years, indicating that the contracts include the processing of generators are placed in problem areas identified by the Committee in this regard.

http://radionawa.com/Ar/NewsDetailN....845&LinkID=155

Basra intellectuals discuss economic feasibility of Faw port

The head of the Arab Gulf Studies Center in Basra University said on Monday that the center will hold a seminar to discuss the economic feasibility of the planned Faw port to be built in the Ras al-Bayshah area of Basra province.

The center's director Jassim Ghali Roumi, told AKnews that the seminar commissioned by Iraq's parliament to discuss the economic, social and geographical feasibility of the port that will be the country's biggest, will be held on Tuesday on the Basra University campus.

"The seminar will make recommendations to be submitted to parliament," Roumi explained.

The new Transport Minister Hadi al-Amiri confirmed during his visit to Basra province, 550 km south of the Iraqi capital, that the Faw port construction project will be launched this year at an estimated cost of $66bn.

The construction of the Faw port alongside the expansion of the country's existing 2,000 km of railway is part of a drive to modernize public infrastructure and kick-start Iraq's economy now that major new oil contracts have been signed.

Goods, once unloaded at the new port, would then be loaded onto the new railway system and reach Europe overland more quickly than ships might reach Egypt's Suez Canal, which connects the Mediterranean to the Red Sea.

The port, to be called 'Grand Faw', will be constructed in two three-year stages. It will include 7,000 metres of dock ready to receive container ships. The 17 meter-deep dock for general cargo will cover 3,500 metres.

http://www.zawya.com/Story.cfm/sidZA...f%20Faw%20port