Iraqi Dinar News - 2008 Dinar News

2008 Dinar News

Iraq moves ahead with oil contracts with multinationals

February 6, 2008 The Iraqi government has invited major multinational oil companies to take part in the development of its oil industry, refusing to wait for the passage of the contentious oil and gas law, the Financial Times said in a report.
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Higher dollar demand, exchange rate down in daily auction

February 6, 2008 Demand for the dollar rose in the Iraqi Central Bank's auction on Wednesday, registering at $90.55 million compared to $68.910 million on Tuesday.
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BP positions itself for share of Iraqi oil

February 5, 2008 BP has been holding meetings with Iraqi oil officials as it speeds up plans to re-enter one of the biggest but politically most controversial oil provinces in the world, five years after the toppling of Saddam Hussein by the British and US military.
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Iraqi dinar recovering and it is the base in business dealings

February 5, 2008 Heads of Iraqi unions of Chambers of Commerce confirmed that 2008 will be a year of quality transition in economic performance and the Government is expected to initiate the implementation of important projects, although that is linked to the adoption of the budget, which is still under parliament examination, scrutiny and amendment for approval.
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New Iraq Law Lets Baathists Reclaim Jobs

February 4, 2008 Iraq's presidency council issued a law Sunday that will allow thousands of Saddam Hussein-era officials to return to government jobs, legislation viewed by the Bush administration as central to mending deep fissures between minority Sunni Arabs and Kurds and the majority Shiites who now wield power.
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Iraqi dinar recovering and it is the base in business dealings

February 4, 2008 Heads of Iraqi unions of Chambers of Commerce confirmed that 2008 will be a year of quality transition in economic performance and the Government is expected to initiate the implementation of important projects, although that is linked to the adoption of the budget, which is still under parliament examination, scrutiny and amendment for approval.
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Iraqi Minister: Race for New Oil Fields

February 2, 2008 An Iraq at peace may be capable of pumping substantially more than 5 million barrels of crude a day - and the world's big oil companies want to be part of the action if and when it does.
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Iraq's revival boosted as oil production rises to 2.4m barrels a day

February 1, 2008 Oil production in Iraq is at its highest level since the US-led invasion of 2003, reaching 2.4 million barrels a day, thanks largely to improved security measures in the north.
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Iraq set for oil price windfall

February 1, 2008 Increasing oil production and higher oil prices mean Iraq could be set for an influx of extra money towards reconstruction, a report has said.
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Multibillion dollar windfall for Iraq

January 31, 2008 Rising Iraqi oil production and higher world oil prices could mean a multibillion dollar windfall to help Baghdad rebuild, a new report said Wednesday.
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Another bustling day in a Baghdad souk

Jan 30, 2008 Jasim Mohammed Saleh, standing amid a clutter of cheap kitchenware scattered across his roadside stall in Al-Shaab, Baghdad's northeastern mixed Sunni-Shiite neighborhood, is having a good day.
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