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

240 Iraqi firms up for grabs

Up to 240 major Iraqi factories will be opened up for foreign investors, it was revealed yesterday.

The firms, making the backbone of the Iraqi industry, are in urgent need of investment and rehabilitation, the costs of which the country can no longer afford.

“The Ministry of Industry and Minerals seeks to offer 240 factories for foreign investment in the forthcoming five years,” an official statement said.

The statement, quoting Industry and Minerals Ministry Undersecretary Adel Kareem, said: “Iraq is willing to open up the factories for foreign investors in a manner that will lead to strategic participation with international firms.”

Kareem said foreign investors will be allowed to have up to 50% stake in these factories.

Most of the firms on offer are working much below capacity.

A consortium of French investors has agreed to spend up to $164 million on the Karbala cement factory.

The factory, built in the 1980s, was designed to produce two million tons of cement a year.

Kareem said his ministry spent more than $1 billion on rehabilitating Iraqi factories and that $540 million will spent this year.

The factories which are up for grabs belong to major sectors such as construction materials, petrochemicals, cement, food and textiles.

http://www.azzaman.com/english/index...03-29\kurd.htm

CBI’s sales drop to 137m on Tuesday

The Central Bank of Iraq’s (CBI) dollar sales dropped to $137.033 million in its daily auction on Tuesday, compared to $167.740 million in the previous session.

“The demand hit $6.450 million in cash, covered at an exchange rate of 1,183 Iraqi dinars per dollar, and $130.583 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 15 banks that participated in today’s session offered to sell dollars.

http://en.aswataliraq.info/?p=129392

Finance Ministry starts bank accounts for Basra revenues

The Iraqi Finance Ministry has agreed to open a bank accounts to be used to deposit Basra’s revenues from oil and border points.

“The amounts may exceed ID700 billion,” Ahmed al-Silaiti, head of the Basra Provincial Council, told Aswat al-Iraq news agency on Monday.

He said that projects that will be funded by these amounts will be e.xecuted soon.

http://en.aswataliraq.info/?p=129373

Hussein al-Asadi: Tariq al-Hashemi sent a delegation to Mr. Sistani to discuss forming a government

A member of a coalition rule of law, Hussein al-Asadi said a member of the Iraqi National List coalition Tariq al-Hashimi sent a delegation of the Office of the religious authority, Ali al-Sistani to negotiate on forming a government.

He said al-Asadi told (Baghdad AFP) reported that a delegation of Mr. Tariq al-Hashemi visited Sayyid Ali Sistani at his residence in Najaf and met with him to negotiate on forming a new Iraqi government assumed.

Asadi said that the delegation request from the certification Sistani to intervene to prevent the Federal Court decision that the judge's parliamentary bloc, which consists seats and the biggest is that the right to form a government and do not block or existing winning the election.

The Iraqi List Itzaahma Iyad Allawi has won 91 seats and gone into al-Hashemi on this list

http://www.baghdad-press.com/news.ph...on=show&id=806

Sources of the Alliance of al-Hakim: Maliki intends to put forward alternative names for the prime minister .. Including the office manager

Al Kawthar - Middle East:With the insistence of some blocks, currents and figures in the Iraqi National Coalition on Nouri al-Maliki not to run for prime minister for a second term for the alliance with a consortium led by state law, which al-Maliki, informed sources said that the Prime Minister going to ask the office manager Tarek Najm Abdullah as an alternative candidate for the presidency for the next government.

The capital, Tehran, Iran, recent meetings between the leaders of the Iraqi National Coalition, led by the Supreme Islamic Iraqi Council, led by Ammar al-Hakim, the leaders of the Dawa party of Maliki and the leader of the Sadrist cleric Moqtada al-Sadr, who lived in Iran at present to discuss the formation of the largest bloc in Parliament the new and the next government. However, the sources spoke about the failure of those negotiations after the leader of the Sadr movement's insistence on non-Maliki's nomination for a second term.

The killings came amid seek coalition rule of law, which is headed by Maliki, to form the largest bloc in parliament, thus forming the next Iraqi government, to strike his opponent, Ayad Allawi, former Iraqi Prime Minister, who in the election bloc won two seats on the mass of al-Maliki.

The sources from the Iraqi National Coalition for «Middle East» Maliki's nomination for the office manager for the post of prime minister, a solution to the dispute. The sources added that «according to the data Maliki is asking the option if he wanted to re-launch himself as a candidate for this position», adding: «forgotten that al-Maliki of the Dawa party that rules of procedure, which can not be bypassed, and therefore can not be put up outside the leaders of prominent advocacy». Tarek Najm Abdullah enjoys wide powers in the country in his capacity as Director of the Office of the Prime Minister, but it is not a leading role in the Dawa Party led by al-Maliki.

There were the names of other candidates for the post of prime minister by the Dawa Party as an alternative to Maliki, Haider Abadi, such as lead and Ali Adeeb, but the couple denied these reports. The killings came amid the emergence of the name of Jafar Baqer al-Sadr, leader of the «rule of law», and the only son of a prominent religious Reference Mohammed Baqir al-Sadr, cousin of the leader Moqtada al-Sadr's al-Sadr.

It was Jaafar al-Sadr has come out of the line of coalition «the rule of law» and he thanked the Election Commission to the success of the voting process. It was Maliki's coalition has rejected the election results and calling Balmzorp. However, the sources said told «Middle East» there are more than one candidate for the post of prime minister, it is suggested that the Sadrists welcomed the two names are Jaafar al-Sadr and Qusay al-Suhail, leader of the movement, Comerahi settlement, rather than al-Maliki. On the other side confirms that the existing Iraqi government formation process will be launched from its position as the biggest winner in the elections, with the effective participation of all the lists, and nominate its leader, Iyad Allawi for the post. Says Salman Jumaili, a member of the Iraqi List and a member of the negotiators of the Commission nominated by the Iraqi dialogues with the winners, told «Middle East», the «Iraqi opened serious discussions with the National Coalition on during a meeting with the leader Ammar al-Hakim of the Supreme Council, as well as dialogue with Karar al-Khafaji leader of the Sadrist movement, as well as the case of the Kurdistan Alliance through the meetings that brought together the existing leader Iyad Allawi, President Jalal Talabani and Kurdish regional President Massoud Barzani ».

Furthermore, according to sources from the Office of Tareq al-Hashemi, Iraqi vice-president and leader of the Allawi's list, that Hashemi had sent a delegation yesterday to the highest Shiite religious authority Ayatollah Ali al-Sistani to resolve the problem of the words «the largest bloc» contained in the Constitution, which some explain that winning the largest bloc in the elections that constitute the government, while others insist that the formation of the government rests with the biggest bloc in parliament, formed after the alliance with the other blocs. Insists the Iraqi National List won the election on the first interpretation, while seeking a cluster rule of law to Maliki's on the second interpretation.

The source of that Sistani, the supreme «want the actual list of the Iraqi government, but did not refer to Article 170 of the Constitution of the largest mass», and was scheduled to take place for other events later on between the delegation of-Hashimi and al-Sistani.

http://www.alcauther.com/html/module...icle&sid=13237

Starting from tomorrow up cards for m.obile p.hones in Iraqi dinar instead of the dollar

M.obile phone companies will start operating in Iraq put Vouchers (Rtat) Iraqi dinar instead of the dollar as of tomorrow, the first of April.

The Communications and Media Authority in a statement that this is in response to the instructions of the Board, noting that m.obile phone companies operating in Iraq (Asia Cell, Zain Iraq, Cork) will be priced prepaid cards in Iraqi dinars instead of dollars, starting from April.

The statement stressed that the appeals will be calculated in seconds instead of minutes, and that companies will pre-announced conversion process in all visual media and audio-visual, in order to prepare participants to do so.

He said through these ads will determine the value of the new recharge cards, and the cost of telephone calls by those companies.

http://www.ipairaq.com/index.php?nam...onomy&id=23194

Expert: make the oil sector the engine of the economy basically impractical

Economic expert called to "launch a new economic strategy focused on not rely on the oil sector is primarily a motor and make it the foundation of the national economy."

Dr. Ali Al-Manie member of the Society of Iraqi economists told the independent press (Iba) on Wednesday that "Iraq's economy and faced with pressing challenges imposed by the circumstances, despite the government's efforts to strengthen it, but the successive developments in the global economy, you need to create new moves to the ideas of expansion in the economy".

He added: "Iraq needs in the next phase factors attract local, national and foreign capital. Through the laws and regulations and procedures flexible and skilled human resources and the presence of high system to integrate local firms into global production networks. Calling for developing the capacities of Iraqi companies to research and development."

Ray and Mani, "The development trends in which countries compete to achieve technical leadership paves the way for sustainable growth and stable. He pointed out the need to give a real role for future national development strategy."

It should be noted that that many observers and experts called on the Iraqi issue in order to allow outside investment to work in the country.

http://www.ipairaq.com/index.php?nam...onomy&id=23186

Jaafari and Maliki, thrash about posts between coalition

President of the Reform Movement, said Ibrahim al-Jaafari said after meeting with outgoing Prime Minister Nuri al-Maliki's office said the meeting comes to talk about the nature of the posts by a coalition between the state of law and Maliki's United Iraqi Alliance headed by Ammar al-Hakim, whether out of ideology or their history.

The al-Jaafari told a news briefing that he was talking during the meeting about the nature of posts between coalitions, whether out of ideology or out of date or out of realistic targets and contexts of work between them and the rule of law, this is a common feeling among senior figures Alaitlavien We go beyond the sense of the issue of operational contexts and modes of operation."

Ibrahim al-Jaafari and President of the Reform Movement, received on Tuesday at his office in Baghdad, Prime Minister's outgoing Nuri al-Maliki and discussed the alliances in the next stage and the possibility of forming a government as soon as possible.

He said al-Jaafari, he was at the same time in the interview participants is not required between the coalitions, but we are working in order to accommodate with other entities."

For his part, Prime Minister outgoing Nuri al-Maliki said in a statement broadcast on Al-Iraqiya semi-official "We will deal with what has been said about the existence of manipulation in some electoral sites by raising the issues."

http://radionawa.com/ar/NewsDetailN....019&LinkID=151

Allawi: Iran is working to prevent it from becoming president of Iraq's prime minister

The leader of the list of Iyad Allawi, Iran of working to prevent it from becoming prime minister of Iraq.

Allawi said in an interview with the BBC on Tuesday that Tehran is interfering directly in the electoral process in Iraq.

Allawi said that the Iranian government to intervene to invite all the major parties to Tehran for talks and that it is excluded from the list of Iraq.

Allawi expressed his concern that Tehran also affect the accountability and justice in Iraq, which could lead to the exclusion of more of his supporters

http://radionawa.com/ar/NewsDetailN....993&LinkID=158

Hill refused to speculate on behalf of the Iraqi Prime Minister next

Rejected the U.S. ambassador to Baghdad, Christopher Hill, to speculate on behalf of the Iraqi prime minister next year, and said that the time was still too early to talk about the crisis facing the formation of the future Iraqi government.

Ambassador Hill said during a press conference in Baghdad when he's talking to many political observers, they give an opportunity for owners and another for Iyad Allawi, as well as other candidates.

Hill said it was too early to talk about what will happen if these candidates has not been able to reap the number of seats to be provided to form a new government.

http://radionawa.com/ar/NewsDetailN....018&LinkID=151