Iraqi Dinar News - Iraq News

Iraq News

Demand for dollar up at daily auction

May 19, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Monday, registering at $74.155 million compared to $55.190 million on Sunday.
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Iraq Oil Ministry signs contracts to increase oil production

May 16, 2008 The Iraqi Oil Ministry picked a number of corporations to sign contracts with in order to up oil production by 500,000 barrels per day (bpd) to reach 3 million bpd, the ministry's official spokesman said on Saturday.
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Vice president urges businessmen to invest in Iraq

May 15, 2008 Iraq's Vice President Adel Abdul Mahdi called on businessmen from inside and outside Iraq to boost the Iraqi economy and invest in the war-ravaged country on the sidelines of the 2nd Iraq Business, Investment Conference, which opened this morning in the Egyptian capital.
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Demand for dollar down in daily dinar auction

May 14, 2008 Demand for the dollar was down in the Iraqi Central Bank's auction on Wednesday, registering at $134.695 million compared to $157.795 million on Tuesday.
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Vice president urges businessmen to invest in Iraq

May 15, 2008 Iraq's Vice President Adel Abdul Mahdi called on businessmen from inside and outside Iraq to boost the Iraqi economy and invest in the war-ravaged country on the sidelines of the 2nd Iraq Business, Investment Conference, which opened this morning in the Egyptian capital.
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Demand for dollar down in daily iraqi dinar auction

May 14, 2008 Demand for the dollar was down in the Iraqi Central Bank's auction on Wednesday, registering at $134.695 million compared to $157.795 million on Tuesday.
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Economic Adviser to the Prime Minister: the central bank would reduce the hard line policies

May 13, 2008 The economists are Iraqis, including an economic advisor to Prime Minister Nouri al-Maliki, on Monday, the Central Bank to abandon its adoption of tight monetary policies, because of their negative impact on the national economy, by changing the value of the real exchange rate of dinar and causing a deficit in the general budget.
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$5 billion to build four thousand schools and health projects in Iraq

May 8, 2008 Iraq’s Minister of Education, Dr. Khudair Alkhozai, announced the appointment of 20 thousand teachers during the second half of this year within the cadres of Directorates of Education in Baghdad and other governorates.
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Iraq to participate in Egypt's WEF meetings

May 8, 2008 Iraqi politicians and economists will take part in the upcoming meetings of the World Economic Forum (WEF) on the Middle East, scheduled to be held in the Egyptian Red Sea resort of Sharm al-Sheikh from May 18-20, an informed source from the Iraqi embassy in Cairo said on Thursday.
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New power station investment of Dana Gas Company in Kurdistan Region

May 8, 2008 KRG Minister of Planning, Othman Shwani, says the KRG and Kurdistan Parliament have decided to allocate 37.7% of Kurdistan's total budget to investment projects.
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Iraq in $6.37b deal to replace ageing planes

May 7, 2008 Iraq yesterday signed two deals worth US$5 billion ($6.37 billion) to buy 40 planes from Boeing and 10 planes from Canada's Bombardier to upgrade Iraqi Airways' ageing fleet, the finance minister said.
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