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mike alfred

Persian Gulf is The Fourth Most Attractive Region For Investors - 0 views

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    Iraqi Dinar 123 News:- To ensure the index of investment attractiveness among seven geographical groups, the Arab region ranked fourth in the world according to report prepared and issued by an Arab financial institution. The Arab region got 36.7 points in overall ranking to ensure its fourth position.
mike alfred

Dinar Shortage - Regional Govt. in Kurdistan May Deal in USD - 0 views

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    The Kurdistan Regional Government is now forced to deal in dollar or it will have to print its own currency to fulfill the daily needs of the region because Iraq government is unable to send funds to Kurdistan to pay the staff salaries amounted to 680 billion Iraqi dinars.
mike alfred

Arab Region Economic Performance is on Decline - 0 views

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    Iraqi Dinar 123 News :- It was reported that the economic performance of the Arab countries has come down. The ESCWA showed that the production of the Arab countries is lower than the previous year. It was proved that the lowering of the performance is due to Iraq and Libya basically.
mike alfred

Guru Mark's Expectations About RV - 0 views

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    It is not too much timing taking job because both of regions want to negotiate and want to resolve this issue. Therefore they are ready to finish the deadlock. Kurdistan knows that approval of budget is so crucial for both of the regions this is pending approval due to boycotted of Kurdistan of every budgetary meeting in Iraq.
mike alfred

Kurdistan New Currency - The Beginning of a Big Crisis - 0 views

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    Kurdistan regional government is asking for separation from central government and wants to make their own country with the name of Kurdistan. The initial step that Kurdistan regional government took for the separate home land is the issuance of their own currency instead of Iraqi dinar.
mike alfred

USA Nominates New Ambassador of Iraq - 0 views

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    The Staurt Jones will start his work after final results of general elections. The ambassador will meet prime minister of Iraq and the Prime minister of Kurdistan Regional Government to create consensus between both of the regions. Resources say that Baghdad is ready to export oil through Turkey pipelines.
mike alfred

Iraqi Oil Export Through Kurdistan Region to be Done - 0 views

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    Tatar Yaldiz, the Turkish energy minister told that exporting crude oil through Turkey will be favorable not only for Kurdistan but also for the Iraq. The Turkey Minister hoped that it can also be a good solution for recent tension between Kurdistan and Iraq government.
mike alfred

Budget 2014-15 Merging Can be Catastrophic For The Economy - 0 views

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    Iraqi Dinar 123 News:- The political condition of Iraq is in the crisis fort last twelve months. The political clashes between Kurdistan regional government and Baghdad has become several in the last couple of months. Kurdistan regional government decided to boycott as protect against oil policies of Baghdad.
mike alfred

The Estimated Loss For Delay Budget in Iraq is $400 Million - 0 views

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    The delay in budget has become a criminal negligence on the part of government of Iraq if we look at its negative impacts on the economy of Iraq. The delay in budget has divided the country and also abundant Iraq alone in the region. Kurdistan regional government is looking to print its own currency due to lack of funds for daily use that means Kurdistan is planning its own separate home land.
mike alfred

Kurdistan And Turkey to Increase Oil Trade Volumes - 0 views

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    Both of the regions decided to enhance the oil trade in the region. Some new contracts are also signed by Kurdistan with Turkey to expand the oil contracts of Kurdistan with Turkey. The volume of oil trader will also be increased as a result of this new contract.
mike alfred

Iraqi Dinar Guru opinions 3-19-14 - 0 views

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    The coin will have an important role and is effective in raising the value of the Iraqi dinar. The only way the coin will work is to remove the 3 zeros and add value to it. The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget.
mike alfred

The central bank seeks to stabilize the Iraqi dinar against the U.S. dollar - 0 views

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    The decision of the Commission on Economy and Investment parliamentary Muhma Khalil: "The central bank is obliged to maintain the exchange rate of the Iraqi dinar and a balance must be maintained by the sovereign and the feature in the Iraqi economy, because it is expected to be the Iraqi dinar economic identity in the region."
mike alfred

Korean companies discover new oil reserves in Iraqi Kurdistan - 0 views

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    According to the Foundation in the news report that a joint venture to explore for oil comprising enterprise Korean oil enables the discovery of new reserves in the field Haulir in the Kurdistan region of Iraq, the hole Albanan exploration fourth in a field Haulir produced the successful 4,320 barrels of light oil daily drilling tests, which began in January last year.
mike alfred

New Parliament Seating With New Challenges - 0 views

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    The new parliament of Iraq is seating at 15th of June 2014 in the parliament house to decide the prime minister of Iraq. Hopefully Noor Al Maliki is the new prime minister of Iraq again. Unfortunately, parliament of Iraq will not be able to approve budget of Iraq for 2104 because Kurdistan regional government is not participating in the budget meeting.
mike alfred

Baghdad Erbil Conflict And Economy of Iraq - 0 views

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    The oil conflict between Iraq and Kurdistan has reached at a serious stage where both of the regions have taken stand on their own conditions to resolve this matter. Kurdistan decided to boycott all parliamentary sessions and meetings for discussions and approval of the annual budget of Iraq, until new rules and regulations for oil and gas.
mike alfred

Private Sector is Essential for Iraq Development : Shkran Fatlawi - 0 views

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    Iraq is one of the fastest growing nations of the world according to the recent World Bank report. The report says that the rate of economic development of Iraq is better than all the other countries of the Middle East and also in the Arab Countries. The expected growth rate of Iraq is also better than all other countries in the region according to World report.
mike alfred

US Started Efforts to Resolve The Oil Dispute bt Baghdad & Erbil - 0 views

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    United States of America sent a delegation to the Kurdistan to discuss the things to resolve the issue between Kurdistan and Iraq. The oil dispute between both of the regions is the major cause for non approval of the annual budget of Iraq.
mike alfred

Free Trade Zone between Wasit Province and Iran - 0 views

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    Iraqi Dinar 123 News :- A new contract between the Wasit province and the Iranian government has signed for the free trade between both of the regions. This free trade zone will help Iraq to enhance trade activities in the market.
mike alfred

A Stable Government is Must For RV - 0 views

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    The tension between government of Iraq and Erbil is on hype these days. Every Iraqi wants the tension between Baghdad and Erbil need to resolve for the betterment of country and for the value of Iraqi dinar. The Adam an Iraqi wished that government need to close the difference with Kurdistan to develop the country mutually. He said that there should be a middle ground that would be acceptable for both of the regions.
mike alfred

Law to Distribute Oil Revenues to Citizens of Kurdistan - 0 views

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    A draft prepared by ministry of oil and natural resources of Kurdistan regional government for the distribution of oil revenue among people of Kurdistan. There are many of suggestions are given in this regard for the distribution of resources but important one was to keep the share of new born Kurdish in the bank account of every citizen.
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