Iraqi Dinar News - Iraq News

Iraq News

Iraq participates in preparatory meeting for Arab economic summit

May 1, 2008 Head of the economic relations council in the Arab League said on Thursday that Iraq takes part in the Cairo-based preparatory meetings for the upcoming Arab economic summit, scheduled for early 2009.
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Demand for dollar down in daily iraqi dinar auction

April 29, 2008 Demand for the dollar was down in the Iraqi Central Bank's auction on Tuesday, registering at $81.895 million compared to $132.700 million on Monday.
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Iraq may have 350 billion barrels of oil

April 29, 2008

Iraq's Deputy Prime Minister Barham Salih said on Monday that the country may have oil reserves of 350 billion barrels, an amount that is triple its proven reserves and which even exceeds the oil in Saudi Arabia, reported Reuters. Salih said these estimates have come from 'reputable sources, reputable companies'. He declined to name the sources.

Iraq exported 60 million barrels of oil in March

April 27, 2008 Total Iraqi oil exports during March 2008 hit nearly 60 million barrels, according to the official spokesman for the oil ministry on Sunday.
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Dubai Summit promises bright future for Iraqi industry through investment

April 26, 2008 An exciting new phase of industrial development within Iraq was promised following the successful completion of the 'Investing in Iraq's Industry' Summit in Dubai this week.
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Iraq amassing funds as oil flows

April 26, 2008 Special inspector general for Iraq reconstruction Stuart Bowen has issued a report that says the country could net $70 billion in oil revenues this year -- more than enough for Baghdad to begin paying its own way. He talks with Kai Ryssdal.
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Iraq sets oil majors contract ultimatum

April 23, 2008 Iraq may drop oil service deals with oil majors if they fail to sign the contracts by June, Iraqi Oil Minister Hussain Al-Shahristani said on Tuesday.
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Demand for dollar up, exchange rate stable in daily auction

April 24, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Thursday, registering at $77.270 million compared to $39.110 million on Wednesday.
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Iraq wants neighbors to forgive debts

April 21, 2008 Iraq's government spokesman, in comments published on Saturday, called on Gulf states to forgive billions of dollars owed from loans and upgrade their diplomatic representation in Baghdad.
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Demand for dollar up as dinar exchange rate goes two ticks down

April 21, 2008 Demand for the dollar was up in the Iraqi Central Bank's auction on Monday, registering at $129.815 million compared to $83.800 million on Sunday, while the dollar exchange rate went down two ticks against the dollar.
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Analysis: Iraq oil law a deal -- spokesman

April 17, 2008 Iraq's central and Kurdish region governments have reached a deal on an oil law, including a method for weighing the validity of the oil deals the Kurds have signed with foreign firms, the top government spokesman told United Press International.
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