2007 Iraqi Dinar News : Iraqi Dinar Exchange Rate : Dinar Investment : DinarBanker.com

Iraq Plans WTO Membership

August 22, 2007

Iraq plans to enact a business-friendly customs code and expects to join the World Trade Organisation (WTO) within two years despite the violence damaging its economy, the Iraqi trade minister said on Tuesday.

The Kurdish miracle

August 21, 2007

ERBIL, NORTHERN IRAQ - All the important people in Iraqi Kurdistan can be found in the Charwa Chra hotel restaurant, in the center of Erbil. The director-general of the new airport; the communications minister, there with his family; senior officials from the Kurdish government; and some rich Iraqis who have found temporary refuge in the hotel, until they decide whether to invest in Kurdistan or continue on to some European country. Rawand Darwesh, a senior Kurdish official, and Hamin Hassan, who was partner to the civilian social revolution in Kurdistan, are among the guests.

Saudi wipes Iraq's debt

August 19

Iraq's Finance Minister Bayan Jabor has revealed Saudi Arabia has agreed to wipe off most of the $15.5bn the war-ravaged country owes the kingdom, reported the Dow Jones newswires.

Arab investor buys shares with $1.6 m in Iraq stock exchange

August 17, 2007

The largest number of traded shares and biggest trading was the Kurdistan Bank's shares as an Arab investor implemented a contract exceeded 900 million shares at cost of $2 billion iraqi dinar.

IMF advises Iraq to shore up reconstruction, oil investment

August 17, 2007

WASHINGTON, Aug 15 (NNN-KUNA) -- For the first time in 25 years, the International Monetary Fund (IMF) has advised Iraq to increase the pace of reconstruction and investment, mainly in the oil sector.

Iraq oil law up in Sept., official says

August 16, 2007

A top official in the Iraqi Embassy in Washington expects the oil law to top Parliament’s agenda when lawmakers return to session at the start of next month.

Oil majors to meet with the Iraq Government

August 15, 2007

The world's pre-eminent operators within the global oil, petrochemical, electricity and security sectors will descend on Dubai early next month for the forthcoming Iraq Oil, Gas, Petrochemical & Electricity Summit, the world's first event organised to consider the future of Iraq's abundant energy resources through direct consultation with the international private sector.

Oil companies mapping strategies for dynamic Iraqi situation

August 13, 2007

International oil companies have been waiting patiently for the new Iraq oil law to be enacted and they now believe that there could be progress when parliament resumes next month. At the same time, the deadline nears for the US military commander in Iraq to report on the country's political progress. These two events are forcing oil giants to forge alliances to develop the country's prized fields.

Golden opportunity ahead for Iraq to use its oil wealth

August 10, 2007

The optimal development of Iraq's enormous oil and gas reserves is the most critical economic element for the future of the country.

Iraq Says LUKoil Will Get a Fair Shake

August 9, 2007

Iraq's oil minister arrived in Moscow late Wednesday for talks with Industry and Energy Minister Viktor Khristenko and senior oil executives and said he would offer new terms for Russian companies seeking to work in the war-torn country.