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

Originally Posted by shotgunsusie

did you read that article about the fact that iraq had enough gold in switzerland bank to support the value of the dinar during the saddam reign?? the gold was supposedly stolen from the bank, but it defuncts the theory that he was makin up that rate.

Yup, mix that in with us not knowing the true figure of the reserves Iraq actually has, which I believe is a lot higher than they make out and they can back a r/v.

I do believe that once the oil law is passed which has to be by the end of the year as per IMF stipulations then the bubbly that's been on ice can be popped.

Oil law and enacted fil = $$$$$'s and :0)))))))))))

eBay.co.uk: 1 Million Iraqi Dinars (item 280040806201 end time 25-Oct-06 14:20:21 BST)

What do you make of this listing on ebay. I questioned the guy and told him there is no million iraqi dinar note, and he has replied that there is. I'm confused.

Commonwealth – Middle East –
North Africa Business Forum
Strategic Alliances, Financial Flows and Islamic Banking
30th - 31st October 2006, The Hilton Canary Wharf - London, England

Overview

The Commonwealth Business Council and The Union of Arab Banks are delighted to announce their partnership in organising a joint international investment forum in London this year to bring together banking professionals, financiers and business leaders of the Middle East and the Arab world together with those from the Commonwealth Countries and Europe.

The forum will focus on how politics are affecting business in the Middle East and how business can influence policy makers to make the right decisions for business. Bloomberg will host the Gala Dinner with important keynote speakers at their offices in the City of London.

The event provides unrivalled and unique networking opportunities. Places are limited, particularly for the gala dinner, so we would encourage you to book your place early to avoid disappointment.

Invited Speakers

Ministers and Officials :

The Hon Datuk Seri Abdullah Haji Ahmad Badawi, Prime Minister of Malaysia
The Hon Dr Lawrence Gonzi, Prime Minister and Minister of Finance, Malta
The Hon Shaukat Aziz, Prime Minister of Pakistan
The Right Honourable Gordon Brown MP, Chancellor of the Exchequer, UK
H.E. Mr. Ibrahim Abdulaziz Al-Assaf, Minister of Finance, Kingdom of Saudi Arabia.
H.E. Dr. Mohammed Khalfan bin Khirbash, UAE Minister of State for Finance and Industry
H.E. Shaikh Ahmed bin Mohammed Al-Khalifa, Minister of Finance, Bahrain
Hon Shri Kamal Nath. Minister of Commerce and Industry, New Delhi
Hon Nenadi Usman, Federal Minister of Finance, Nigeria
Hon Pehin Dato Hj Abdul Rahman bin Hi Ibrahim, Minister of Finance, Brunei Darulsalam
Hon Dr Mukhisa Kituyi, Minister of Trade and Industry, Kenya
Hon Trevor A Manuel, Minister of Finance, Republic of South Africa
Hon Zakia Meghji, Minister of Finance, united Republic of Tanzania
Hon. Tharman Shanmugaratnam, Second Minister for Finance, Singapore
Mr. Amr Mossa, Secretary General, League of Arab States
H.E. Dr. Sinan El Shebibi, Governor, Central Bank of Iraq


Businessmen:

Sheikh Saleh Abdallah Kamel, President of Dallah Al-Baraka Group, Kingdom of Saudi Arabia (Islamic Banker)
Mr. Naguib Sawiris, Chairman, Orascom, Egypt
Mr. Najib El Saleh, Chairman, Kuwaiti Interests for Financial Investments, Kuwait
MS. Loubna Al Alian, CEO, Olayan Group, Kingdom of Saudi Arabia
Mr. Saeb Nahas, President and Chief Executive Officer, Nahas Enterprises Group, Syria


Bankers:

H.E. Dr. George Al-Abed, Governo- Palestine Monetary Authority
Mr. Abdullah Salem Bahmdan, Chairman & Managing Director- The National Commercial Bank, Kingdom of Saudi Arabia
Mr. Abdel Karim Asaad Abou Nasr, Chief Executive Officer- The National Commercial Bank the Kingdom of Saudi Arabia
Mr. Hussein Abdel Aziz, Chairman - National Bank of Egypt
Mr. Adel Al-Labban, Managing Director & CEO- Ahli United Bank, Bahrain
Mr. Nehmat Sabbagh, Executive General Manager- Bank MED, Lebanon
Mr. Abdellatif El Kib, Chairman, National Investment Company, Libya

Originally Posted by CharmedPiper

I just ran across this....Looks like they better reval this week because......Shabibi is going to be out of town next week and he is a keynote speaker at the conference listed below....I am sure he would like to have the reval done to show counterparts at the conference what great strides Iraq is making...Just my opinion...

Commonwealth – Middle East –
North Africa Business Forum
Strategic Alliances, Financial Flows and Islamic Banking
30th - 31st October 2006, The Hilton Canary Wharf - London, England
Overview
Agenda
Speakers
Sponsors
Partners
Accomodation
Contacts
Register
Day One - 30th October 2006 Day Two - 31st October 2006


Day One 30th October 2006
08:00 – 08:55
Registration

09:00 – 10:30
Opening Ceremony: Promoting Trade between Middle East, North Africa and Commonwealth Countries

Key note speeches:
Ministerial Presentations from Middle Eastern, North African Region (MENA), Europe and the Commonwealth

Chair: Dr Mohan Kaul, Director-General, Commonwealth Business Council
Speaker: Hon Dr Michael Frendo, Minister for Foreign Affairs, Malta
Speaker:Hon Nenadi Usman, Federal Minister of Finance, Nigeria
Speaker:Dr Joseph Torbey, Chairman, Union of Arab Banks & Chairman, Credit Libanais S.A.

10:30 – 11:00
Refreshment Break


11:00 – 12:30
Creating Opportunities for Enhanced Trade, Investment and Economic stability between the Middle East and North Africa, Commonwealth and Europe


Chair - TBA
Speaker: Hon Ed Balls MP, Economic Secretary to UK Treasury
Speaker: Hon Shri Kamal Nath, Minister of Commerce and Industry, India
Speaker:Dr Sinan Al-Shibibi, Governor, Central Bank of Iraq
Speaker: Shafik Gabr, Chairman & CEO, Artoc Group of Investment & Development


12:30 – 14:00
Lunch


14:00 – 15:30
Current political Climate and policies towards Middle East: Effects on Trade and Investments

Chair - TBA
Speaker: HE Dr Adib Mayaleh Governor Central Bank of Syria
Speaker: HE Dr Mervat M.Tallawy, Under-Secretary-General, UN Executive Secretary General UN Economic and Social Commission ESCWA, Lebanon

15:30 – 16:00
Refreshment Break

16:00 – 17:30
MENA-Commonwealth Strategic Alliances: Case Studies

Chair - TBA
Speaker: Pascal Dozie, Chairman, Diamond Bank Plc, Nigeria
Speaker: Mohamed Barakat, Chairman & General Manager, Misr Bank, Egypt
Speaker: R. Seetharaman, Vice CEO, Doha Bank-Qatar

17:30
Close of day one

19:00
Gala Dinner Hosted by : Bloomberg
Keynote Speakers:
Dr Sinan Al-Shibibi, Governor, Central Bank of Iraq
HE Dr Adib Mayaleh Governor Central Bank of Syria

Commonwealth Business Council

Only up the road for us, how bout I go up there and kick his ass into revaluing this facker? LOL.

Iraqi trade delegation are talks about economic cooperation relations with Syria

تجارة/سوريا/عراق/وفدTrade / Syria / Iraq / delegation
وفد تجاري عراقي يجري مباحثات حول علاقات التعاون الاقتصادي مع سورياIraqi trade delegation are talks about economic cooperation relations with Syria

دمشق - 22 - 10 (كونا) -- بحث وفد من غرفة صناعة وتجارة اربيل العراقية برئاسة شوان عبد الحميم اليوم مع رئيس غرفة صناعة مدينة حلب شمالي سوريا محمد صباغ شرباتي سبل تعزيز وتطوير العلاقات الاقتصادية والتجارية بين البلدين .Damascus-10-22 (KUNA) -- a delegation from the Chamber of Industry and Trade under the chairmanship of Irbil Iraqi Chuan Abdel intimate today with the President of the Chamber of Textile Industry, the city of Aleppo in northern Syria, Mohammed Sabbagh Cherbati ways to strengthen and develop economic and trade relations between the two countries. كما تم بحث العلاقات بين رجال الاعمال والمستثمرين في سوريا والعراق لاقامة مشاريع مشتركة في مختلف القطاعات وفتح ابواب التصدير بين الجانبين .The two ministers also discussed the relations between businessmen and investors in Syria, Iraq to set up joint ventures in various sectors and opening the doors of export between the two sides.


واكد الجانب السوري استعداد غرفة صناعة حلب لتقديم كل ما من شأنه انجاح معرضThe Syrian side is ready Aleppo Industry Chamber to extend all possible to ensure the success of exhibition
الشرق الاوسط المقرر اقامته خلال الشهر المقبل في اربيل في العراق0Middle East due to be held next month in Irbil in Iraq 0
من جهته بين رئيس الوفد العراقي ان اربيل تعد بوابة اعمار العراق وتستقطبFor his part, between the head of the Iraqi delegation to Irbil is the gateway reconstruction of Iraq and rallying
العديد من الشركات للاستثمار في المدن العراقية مشيرا الى ضرورة ان يكون لرجالMany of the companies to invest in Iraqi cities, pointing out that the men
الاعمال والمستثمرين من سوريا الدور الاوفر في هذا المجال0(النهاية)Businessmen and investors from Syria, the most in this area 0 (the end)

ط كI k


كونا230935 جمت اوك 06KUNA 230935 GMT Oak 06

Originally Posted by Dinar Duchess

eBay.co.uk: 1 Million Iraqi Dinars (item 280040806201 end time 25-Oct-06 14:20:21 BST)

What do you make of this listing on ebay. I questioned the guy and told him there is no million iraqi dinar note, and he has replied that there is. I'm confused.

That BS!
a million dinar note doesnt exist.
But 1 million in dinar notes is another thing :) maybe its just some missunderstanding in the communication or he is BS!

Originally Posted by Dinar Duchess

eBay.co.uk: 1 Million Iraqi Dinars (item 280040806201 end time 25-Oct-06 14:20:21 BST)

What do you make of this listing on ebay. I questioned the guy and told him there is no million iraqi dinar note, and he has replied that there is. I'm confused.

I just looked at this too. Poor listing skills. It doesn't say it is a single note however. If the dude says it is a single note, have him send you a picture of it.

Maybe it's an older Dinar? Like from Saddam era or before???


JMHO

Iraq to control half of provinces by year end: deputy PM
21 minutes ago

LONDON (AFP) - Iraqi security forces will take charge of nearly half of the country's provinces by the end of the year, Deputy Prime Minister Barham Saleh has said after talks here with Prime Minister Tony Blair.

But despite the assessment, which comes amid worsening violence in the troubled Gulf state, Saleh said his country still needed the help and support of the international community, urging foreign forces not to "cut and run".

Asked about the timetable for transfer of power to Iraqi forces, he told reporters outside the British prime minister's Downing Street office in London that there was a recognition of the need for the Iraqi government to be given more power.

"At the end of the day, this is about the Iraqi leadership, this is about Iraqis assuming responsibility for their country," he said after the meeting, which lasted about 30 minutes.

"We need the enduring support of the international community and the coalition but, ultimately, Iraqis have to be in the lead.

"I believe, come next year, you will be seeing Iraqi forces in the lead in many of the Iraqi provinces.

"By the end of the year, nearly seven or eight provinces of Iraq out of 18 provinces will be under direct Iraqi security control."

Saleh's meeting with Blair comes amid increasing debate about US and British strategy in Iraq and in particular the continued presence of coalition forces.

The Guardian newspaper in Britain reported that Blair would pressure Saleh to show that Iraqi security forces would be ready to take over from Britain's army in the southern provinces of Iraq within a year.

Saleh did not comment directly on the claims, saying that the only pressure he and his colleagues felt was from the people of Iraq to demonstrate they could deliver on security.

Progress had been made since the government assumed sovereignty last year, he added, pointing to the 300,000 home-grown, trained police and military now in operation in Iraq.

Saleh added it was "heartening" to know of Blair's "continuing commitment to the cause of democracy, freedom and stability in Iraq".

Blair's office was also silent on the claims, with the prime minister's spokesman saying only that it was up to the Iraqi government to judge when it was ready to take on responsibility for security in the south.

Any decision on withdrawal of Britain's 7,000-strong contingent in Iraq would be a "political decision", said Blair's official spokesman.

"This is a process, not an event. We are not working to an arbitrary deadline. We are working to the point where the Iraqis are capable of providing for their own security.

"We are still in the process of Iraqisation," he added.

Saleh's meeting with Blair comes after George W. Bush met top advisors and generals at the weekend amid reports that the US president was ramping up pressure on Baghdad to control sectarian violence.

There were also suggestions that Washington could adjust its strategy if there was no improvement after one of the bloodiest months for US casualties since the assault on the insurgent stronghold of Fallujah in November 2004.

Saleh said Monday that a secure Iraq was in the interest of the wider Middle East and could be achieved with the help of neighbours like Iran and Syria as well as the wider world.

"I do believe there is no option for the international community to cut and run. The fate of Iraq is vital to the future of the Middle East and world order."

But he urged patience: "This is a society that was traumatised by 35 years of tyranny and we are trying to build a functioning democracy in the heart of the Islaimc Middle East.

"This is not an easy situation, but we are mindful of our responsibility. At the end of the day, it is for the elected government of Iraq to make tough choices but for some time we need the support of the international community

http://news.yahoo.com/s/afp/2006102...ainiraqmilitary

It's been awhile since we heard from Rolls Royce. RR, anything from Indira and the "Bros"? Waz Up?

RIYADH, 22 October 2006 — Many Saudi businessmen are now getting ready to establish a number of development projects in Iraq after the Iraqi Parliament approved its foreign investment law, the Al-Eqtisadiah daily reported.

Iraqi authorities are studying the projects and providing the necessary guarantees to attract investors and attract more Arabian capital. Thaeer Al-Feili, consultant at the Iraqi Ministry of Housing, said that there are three big projects that Saudi investors tend to launch in Iraq. The projects include industrial, housing and agricultural investments. The total investment of these projects are estimated at more that SR2.2 billion ($587 million). Al-Feili said that the biggest of these projects is the agricultural project, lead by big Saudi investors. The project will take large space of land and will improve the Iraqi agricultural production. He said that these investments would be the first step toward many Saudi investments coming to Iraq. He said that the General Iraqi Investment Committee has received many investment applications from Arabs and foreigners. He said that many Saudis applied for investment in Iraq and their requests is under study at the moment and soon it will be done within weeks.

He said, "Saudi investors have great experience in business investment especially investment abroad. They will help in developing the infrastructure of Iraq and their money investment will be a great benefit to Iraq." The investment projects will receive many incentives like tax free for ten years and the option to transfer the money abroad after paying the Iraqi government. The law will provide the investor, regardless of his nationality, all incentives and guarantees including living in Iraq.

Al-Feili said that Saudi businessmen supported Iraq in the past by exporting food to Iraq and other necessary products. He pointed out that a business forum would be held in the following two months in Kuwait where Iraqi businessmen will meet with Arab businessmen to reveal investment opportunities in Iraq. About 500 Saudi companies are expected to attend the gathering.

MENAFN - Middle East North Africa . Financial Network News: Saudis to Invest Over SR2 Billion in Iraq