UK Companies to Build Water Purification Plants in Iraq

The Ministry of Municipalities and Public Works has announced that 12 British companies have agreed to build water purification plants in five Iraqi provinces
http://www.iraq-businessnews.com/2012/01/31/uk-companies-to-build-water-purification-plants-in-iraq/

Dollar Is Headed Even Lower In Coming Weeks

A sharp fall from 81.80 area seen in the past few weeks is impulsive
http://www.forexmansion.com/technical-analysis/dollar-is-headed-even-lower-in-coming-weeks/

* The opening of a branch company “Sony” Japanese in Arbil

Erbil, January 30 (Rn) – opened a “Sony”, a Japanese manufacturer of electrical appliances, today officially its first branch at the level of Iraq in the city of Arbil.
http://theiraqidinar.com/2012/01/31/the-opening-of-a-branch-company-sony-japanese-in-arbil/

* Interview: Iraq on the eve of the revolution investment

Director of the Bank of the Middle East:

Iraq on the eve of a real revolution in the fields of investment and development backed by large numbers of financial returns resulting from high rates of production of oil and gas, banking sector is invited to play a leading role in this revolution.

http://theiraqidinar.com/2012/01/31/interview-iraq-on-the-eve-of-the-revolution-investment/

* CBI: The Politics of raising the Iraqi dinar against the dollar will contribute to strengthen the Iraqi economy

Deputy governor of the Central Bank Mohammed Saleh that “the Iraqi Central Bank to raise the dinar against the U.S. dollar at the present time is a positive step measured accurately,” adding that “the statements that dealt with the failure of the Bank in a political lifting the dinar against the dollar reflects the contract and hatreds personal.”
He added that “Iraq has a lot of money and the reports of failure of the Central Bank in the management firm has no basis in truth,”
http://theiraqidinar.com/2012/01/30/cbi-the-politics-of-raising-the-iraqi-dinar-against-the-dollar-will-contribute-to-strengthen-the-iraqi-economy/

Central Bank confirms its ability to meet the high demand for the currency

Central Bank of Iraq announced its ability to meet any high risk caused by the growing demand for foreign currency as it has large reserves of hard currency.
Available to control the levels of liquidity and cash flows in order to achieve economic stability desired."
http://translate.google.com/translate?hl=en&prev=/search%3Fq%3Dhttp://www.iraqdirectory.com/ar/default.asp%26hl%3Den%26biw%3D1191%26bih%3D484%26prmd%3Dimvnsfd&rurl=translate.google.ca&sl=ar&u=http://www.iraqdirectory.com/DisplayNewsAr.aspx%3Fid%3D18199

Parliament: the central bank faces the problem of smuggling hard currency to Iran 29/01/2012 8:54

"The central bank announced measures for new financial to reduce the smuggling of currency, as well as the reduction of inflation in the coming days in order to solve this problem by setting the exchange rate, as well as the purchase price, the price of the Central Bank will be a new price in order to put the market in a balanced manner. "
http://translate.google.com/translate?hl=en&prev=/search%3Fq%3Dhttp://www.uragency.net/ur/news.php%253Fcat%253Dnews%2526id%253D7827%26hl%3Den%26biw%3D1067%26bih%3D433%26prmd%3Dimvns&rurl=translate.google.ca&sl=ar&u=http://www.uragency.net/ur/news.php%3Fcat%3Dnews%26id%3D7827

Preparations for the opening of the first stock exchange in Basra

Chairman of the Committee Karim Nasser in an interview with Radio Free Iraq that the Commission is negotiating at present with the companies and banks and investors in preparation for the opening of the market
http://www.iraqhurr.org/content/article/24467453.html

ISX - Market Summary Latest Update 30/01/2012

Market Summary

Main Index

121.47

Change

0.42

Change %

0.34%

Value Traded

1,986,586,995

Shares Traded

1,324,180,728

Trades

576

Symbols Traded

44

Symbols Up

2

Symbols Down

29

Flat

13

Canada’s Ledcor to Build Diyala Airport

The Ledcor company has won the contract to build an international airport in the Mansuriya area of Diyala, 
http://www.iraq-businessnews.com/2012/01/29/canadas-ledcor-to-build-diyala-airport/

Rabee Securities Iraq - ISX

Rabee Securities (RS) was founded on January 7th 1995, and is headquartered in Baghdad. Rabee Securities is licensed and regulated as Securities Brokerage Company by the Iraq Stock Exchange (ISX). One of the best brokerage houses catering to institutional investors from all over the world.
The Iraq Stock Exchange is expected to double in size many times during the next 10 years, when looking for a broker - Rabee Securities would be an ideal choice as they intend to continue their growth too.
"now is the perfect time to invest in a nation that is rebuilding from scratch".
http://theiraqidinar.com/2012/01/27/rabee-securities-iraq/

Alabtan calls for the central bank to a study to raise the price of the dinar against dollarthe

Baghdad (news) .. called a member of the Committee on Energy and Investment parliamentary MP / National Alliance / Hussain Alabtan to raise the price of the Iraqi dinar against the dollar to improve the living conditions of the individual

http://www.ikhnews.com/news_view_31246.html
Note: For what it's worth the numbers don't mean anything to me, they would never let the real numbers out of the bag. But, the fact that they are talking continuing to raise the value of the IRAQI DINAR is exciting for us and for them. Let's hope that they can achieve true freedom so there people can live in peace and fulfill there dreams...Oz
My younger sister shared this with me thought I share it with you...enjoy God Bless & Stay Safe
http://www.youtube.com/watch?feature=player_detailpage&v=W86jlvrG54o

A growth recipe for the next decade Last update 27/01/2012 06:38:00 PM (GMT+7)

It is time to hammer out appropriate policies and institutions to restructure the economy, cultivate intensive growth, strengthen social security and protect the environment
Over the past 10 years, the flaws of Vietnam’s extensive growth model have been increasingly evident. The economy has expanded considerably, but such development is far from consistent and sustainable. Worse still, growth quality is dismal, with the competitiveness of most sectors falling short of sustainability benchmarks.
http://english.vietnamnet.vn/en/business/18054/a-growth-recipe-for-the-next-decade.html

General Motors Top Seller in Iraq

Fox News reports that General Motors (GM) sold approximately 35,000 vehicles in Iraq last year.
Precise market data from Iraq is not available, but overall new car sales for 2011 are estimated to be around 115,000, with GM likely to take the number one position. Martin expects the market size to roughly double by 2015.
http://www.iraq-businessnews.com/2012/01/26/general-motors-top-seller-in-iraq/

Agreement to start a project officially license a fourth mobile phone within three months 27/01/2012 10:25

AGAIN IF YOU ARE INVESTED IN THE ISX OR PLAN TO INVEST KEEP YOUR EYE ON THIS SECTOR COULD HAVE HUGE RETURNS AS ALWAYS DO YOUR HOMEWORK AND NEVER OVER YOUR HEAD !
Iraq has the three companies of the mobile phone after he won in August 2007 to work in the country which is "decorated" of the company "MTC" Kuwaiti and work in the center and south, and "Asia-Cell," a consortium of Iraqi Gulf spreads in most throughout Iraq, and the "cork" active in the Kurdistan region, Iraqi-owned business in response. The number of participants in the mobile phone service more than nine million people in Iraq. From: Jafar Allonan. Open: Abdullah Sabri
http://www.aknews.com/ar/aknews/2/286610/

ISX - Performance of the market - 26/01/2012 11:59

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://72.52.252.89/isxportal/portal/marketPerformance.html&usg=ALkJrhiX3P0qRdndQqgXL5qy7CMRGjOoIQ

Budget 2012: the issues of financial / economic and institutional in Iraq

In official statements draft budget figures for 2012. He stated that the Council of Ministers approved the project and sent to the House floor in preparation "for approval.
It said the figure of the spending allocations of 117 trillion dinars, equivalent to $ 100 billion.
http://translate.google.com/translate?hl=en&rurl=translate.google.com&sl=ar&tl=en&u=http://almowatennews.com/news_view_34426.html

Vietnamese firms plan to boost outbound investment

These neighbouring markets of Vietnam have a quite rapid growth rate compared with other regional countries thanks to the plentiful reserve of natural resources and high potential of tourism and services.
According to World Bank, the income per capita of Laos and Cambodia stays at $706 and $805 per person per year, lower 35-40% than that of Vietnam, reflecting the low living standard and cost of people.
Furthermore, HAG will invest $200 million to build a complex of hotel, trade centre and apartments in Myanmar. 
For Vietnamese banks, investing in two neighboring nations is the first step to head off opportunities to boost traditional banking services as well as interbank, foreign currencies.
Viettel, pioneered in providing mobile telecommunication services in Laos and Cambodia whereby the entry of MBB in two countries took place smoothly...
http://www.vietbiz24.com/Articles/1011/25798/investment/vietnamese-firms-plan-to-boost-outbound-investment.aspx

Iraq Oil Income Jumped by 60% in 2011

Iraq exported 66.5 million barrels of oil in December, the highest such figure since August, at an average price of $106.18 per barrel, generating $7.061 billion in revenues.

Debt Crisis Hits ISX Inflows

You might think that foreigners are being scared away by the political situation. The chart tells a different story...

http://www.iraq-businessnews.com/2012/01/24/debt-crisis-hits-isx-inflows/

Basra Grants 30 Investment Licences

Head of the Commission, Khalaf al-Badran (pictured), said that many foreign countries submitted proposals to invest in the province, including companies from the United States, United Kingdom, China, South Korea, Turkey and the UAE.
http://www.iraq-businessnews.com/2012/01/25/basra-grants-30-investment-licences/

ISX - Bulletin of the trading

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&twu=1&u=http://72.52.252.89/isxportal/files/24-1-2012112_1_2_10_57_53.xls&usg=ALkJrhguAx4ACC2yGjS7IsavH9ZfdtcULA

POSTED ON 2012-01-24 Iraq auto industry booming as far as General Motors is concerned

General Motors mainly concentrated on sales ofSUVs and pickup trucks though a large number of Chevrolets and Cadillac sedans were sold as well. It is a well known fact that Iraqis prefer larger cars and SUVs and it is only natural that these large and luxurycars have seen favor among Iraqi buyers.
http://www.rushlane.com/iran-auto-industry-general-motors-1227388.html

2012 budget under discussion and need for approval to month

Completed the first reading and then the second and waiting approval...
The budget of 2012, the largest in the history of Iraq's annual budget is approximately $ 100 billion and which the government seeks to stimulate the investment side
http://www.babnews.com/inp/view.asp?ID=49042

Gazprom Neft Starts Drilling Second Well at Badra

The Russian producer, which started drilling the first such well at Badra in November, expects to complete the second well in spring
http://www.iraq-businessnews.com/2012/01/24/gazprom-neft-starts-drilling-second-well-at-badra/

BYBLOS BANK: IRAQ'S CREDIT RATING

HI FOLKS,
For my IQD readers, here's Iraq's credit risk and rating report.
Enjoy,
Scooterhttp://emerginggeos.blogspot.com/2012/01/byblos-bank-iraqs-credit-rating.html

SCOOTER - The Economist 2012 Fastest Growing Sovereign Nations

Hi Folks,
WOW!  Libya's growth is at 20% growth in GDP over last year -- time to begin looking hard at Tunisia and Libya.  
Enjoy
Scoot

http://emerginggeos.blogspot.com/2012/01/economist-2012-fastest-growing.html

Of the Commission's oil and gas: the central government and the province had reached a deal to pass the oil and gas law in the coming days

certain that the next few days will see the adoption of oil and gas law  
http://khabaar.net/index.php/permalink/6001.html 

Trade Bank of Iraq a net profit of $ 475 billion dinars in 2011

The Trade Bank of Iraq government said 
Monday it had made ​​a profit of $ 475 billion dinars in 2011 of which 237 billion during the second half of last year after the restructuring of the bank. 
http://www.aknews.com/ar/aknews/2/285919/

Economic officials are calling for adherence to the principles of free trade and reform and economic grow

International Monetary Fund and the World Bank statement calling for the world to adhere to the principles of free trade and economic reform and the protection of economic growth. 
http://www.imn.iq/news/view.9494/

Bill deleted three zeros from the currency carries a positive effect

Economists are interested in and confirmed that the step has a positive impact on the Iraqi currency ..
http://www.imn.iq/news/view.9508/

Vietnam’s economic growth remains impressive

Vietnam has achieved an impressive economic growth in spite of domestic economic difficulties and global economic downturn, according to a recentreport by HSBC.

http://vietnambusiness.asia/vietnam%E2%80%99s-economic-growth-remains-impressive/

World bank warns Vietnam of trade difficulties ahead

The World Bank Wednesday said Vietnam’s economic growth will speed up this year but warned that the country, together with other Asian economies, is being affected by a decline in global trade.
http://vietnambusiness.asia/world-bank-warns-vietnam-of-trade-difficulties-ahead/

Iraq sweeping Arab Stock Markets in profit despite crises...

according to statistics, the biggest gainers in the Stock Exchange last year, shares in the profit rate reached about 35%.

http://www.shafaaq.com/sh2/news/economy-news/36723-2012-01-21-14-46-30.html

Iraqi forces kill 'senior al-Qaeda leader' - Last Modified: 21 Jan 2012 17:33

Iraqi forces have killed a senior leader of a group affiliated to al-Qaeda in Iraq (AQI) and arrested 19 others people, including foreign fighters, in a firefight just outside the northern city of Mosul, a government statement has said.
While violence is lower across Iraq from its peak, attacks remain common, particularly in Mosul. More than 200 people have been killed in violence since the December 18 withdrawal of US forces. 
http://www.aljazeera.com/news/middleeast/2012/01/2012121154515430851.html?utm_source=twitterfeed&utm_medium=twitter

Deletion of zeros: three stages; 6 month intervals

the process of removing zeros from the currency needs to be two and three stages.He explained that the phased deletion of zeros from the currency, divided into three phases, first phase, lasting six months to provide services printing, while the second phase of the introduction of two currencies at the same time, and will last six months to pull the old currency and the survival of the new currency.
http://breitlingcurrency.blogspot.com/2012/01/deletion-of-zeros-three-stages-6-month.html

Maliki's visit to Kuwait is expected to remove Iraq from Chapter VII !

Iraq has made at the beginning of last year, a great achievement to get out of Chapter VII, Today is keen to achieve the great national achievement, a final exit from this item.
http://www.ina-iraq.com/news/political/10038.html

* Iraq to Grow 36% in Three Years

The World Bank says it expects Iraq’s gross domestic product (GDP) to grow by 12.6 percent in 2012, and 10.2 percent in 2013,

http://theiraqidinar.com/2012/01/20/iraq-to-grow-36-in-three-years/

Iraq’s Complexities

Spokesman for Iraq’s Ministry of Oil recently told Al Jazeera that unexplored regions of Iraq could yield an additional 100 billion barrels of oil
The report says that only about 2,000 wells have been drilled in Iraq to date, compared with roughly one million wells in Texas alone.
These figures alone give some perspective on the scale of the opportunity facing the country
http://www.iraq-businessnews.com/2012/01/19/negotiating-iraqs-complexities/

FOREXPROS - USD/IQD Scoreboard

SYSTEMS IN SINK WITH CBI !
http://www.forexpros.com/currencies/usd-iqd  1166.00

0.00

(0.00%)

03:35 GMT - Real-time Data 

Bid	1163.50	Ask	1168.50
Open	1166.00	High	1166.00	Low	1166.00

83%		17%

BullishBearis

CENTRAL BANK OF IRAQ - Indicative rates - 18.01.2012

AFTER APPROX - (3)YEARS MOVEMENT ON THE IQD !

CURRENCY	CODE	SELL	BUY
US dollar	USD	1166.000	1164.000

http://www.cbi.iq/

GOING GLOBAL EAST MEETS WEST - World Bank hails Iraq's accession to the initiative of Transparency International ...

The World Bank praised Iraq's accession to the International Initiative for transparency in the extractive industries, with parliamentary sources informed that the International Monetary Fund called for the House of Representatives not to enact laws that tied for the Iraqi economy which seeks to integrate with the global economies.
http://goingglobaleastmeetswest.blogspot.com/2012/01/iraq-imf-world-bank-iraqs-budget.html

DOING BUSINESS IN IRAQ 2012 - RANKINGS

HI FOLKS,

This one is interesting as it compares and ranks Iraq to its neighbors.

scooter

http://emerginggeos.blogspot.com/2012/01/doing-business-in-iraq-2012-rankings.html

Alcatel-Lucent wins $27m Land-Line Contract

French company Alcatel-Lucent will build a $27 million (32 billion IQD) land-line communications network in the provinces of Diayla and Anbar, according to AKnews.
http://www.iraq-businessnews.com/2012/01/18/alcatel-lucent-wins-27m-land-line-contract/

Get Ready For Stock Market Collapse In 2012

JUST SOMETHING TO CONSIDER - A fall from 2007 down to 2009 March lows unfolded clearly in impulsive structure, which we know is indication of a trend.
http://www.forexmansion.com/technical-analysis/get-ready-for-stock-market-collapse-in-2012/

ISX - Performance of the market - 18/01/2012

http://translate.googleusercontent.com/translate_c?hl=en&rurl=translate.google.com&sl=ar&tl=en&twu=1&u=http://72.52.252.89/isxportal/portal/marketPerformance.html&usg=ALkJrhieyDGFsztgy7ONnvZ13pZwlPTClw

Hai Phong chases $500m foreign investment

Industrial zones (IZs) and Economic Zones (EZs) in the northern port city of Hai Phong aim to boost both foreign and domestic investment significantly this year.

Bridgestone is investing $497 million for the first phase of a radial tyre production plant in the Dinh Vu IZ.

Bridgestone said the plant would be its largest and most modern plant in the world.

http://vietnamnews.vnagency.com.vn/Economy/Business/219776/hai-phong-chases-500m-foreign-investment.html

VIETNAM - Restoring trust in nuclear energy

International experts have called on governments to restore public trust in nuclear energy because nuclear power will be a critical source of energy in the future, particularly for emerging Asian economies such as Viet Nam.
"Japan and Viet Nam, we don't have much natural resources so we have to invest in diversifying the energy sources as much as possible," he said. — VNS
http://vietnamnews.vnagency.com.vn/Industries/219853/restoring-trust-in-nuclear-energy.html

Viet Nam boasts telecom bonanza in Laos

HA NOI – Laos' leading mobile operator Star Telecom said it posted a revenue of US$110 million last year, an increase of 80 per cent over 2010.
The company, a joint venture between Laos Asia Telecom and Viet Nam's Viettel Group, attracted 1.6 million subscribers to its Unitel mobile network last year, up 42 per cent year on year.
http://vietnamnews.vnagency.com.vn/Economy/219867/viet-nam-boasts-telecom-bonanza-in-laos.html

70% Jump in US Companies Considering Iraq

The Iraqi Embassy in Washington DC dealt with nearly 5,000 applications from American companies hoping to do business in Iraq last year, a 70% jump from 2010, 
http://www.iraq-businessnews.com/2012/01/18/70-jump-in-us-companies-considering-iraq/