Monthly Archives: February 2014

Iraq Refinery project in Nineveh

The group of Iraq’s Kar has been has been granted an agreement to manufacture a 90,000-bpd refinery in the northern Nineveh region of Iraq. After negotiating for a few months, Nineveh’s legislating board endorsed sanction in the project this week, … Continue reading

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Substantiated by United Kingdom Trade Envoy Baroness Nicholson to Iraq: Iraq has massive economic potential

The recently designated Baroness Nicholson who stands as the United Kingdom Trade Envoy to Iraq highlights the perspective felt by a number of senior business interests, “Iraq has massive potential … the future is very good indeed (and) it’s a … Continue reading

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The Structure of the Leading Refinery in Karbala is in Progress

On Saturday , Prime Minister Nuri al-Maliki has called  during the laying of the foundation stone for the refinery in Karbala for the approval of decentralization within the oil sector as to open the access for the private sector. The … Continue reading

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U.S. Advised Iraq to Secure its Oil Infrastructure

The collaboration comes with Baghdad searching to dramatically noticeably rise up the sales of crude oil to finance the much-required reconstruction of Iraq’s complicated economy. Iraqi Deputy Prime Minister for Energy Affairs Hussein al-Shahristani said that the United States will … Continue reading

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To Maintain the Iraqi dinar Exchange Rate supported by Central Bank Intervention

The Central Bank of Iraq (CBI) commenced its intervention to help maintain the Iraqi dinar exchange rate. This month of February, Deputy former central bank governor said that the central bank offers intervention in the market in order to uphold … Continue reading

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The World Stock Exchange in Baghdad has launched, as first of its kind in Iraq’s History

It was recently announced in Baghdad, the capital of Iraq, about the launching of its primary  Stock Exchange world office. The Financial Institutions Finance and ministries was requested by the experts to set its contribution in the office of global … Continue reading

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To Reduce Dollarization is a System of Monetary Policy Reform in Iraq

To reduce the dollarization in Iraq is viewed as one of the most effective system to revamp and transform the structure of payments in the country. Furthermore, it also helps enhance the stability of economic policies that must go along … Continue reading

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To maintain market stability of Iraq: Parliament member verifies CBI’s validity on measures for support on banks and calls

In order to maintain the Iraqi market stability, Parliament member verifies the CBI’s validity on measures for support on banks and calls. White-Kadhim al-Shammari, MP for the coalition of national has verified that the measures of the CBI in association … Continue reading

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Australian Economic Analyst: Iraq earns the GDP highest growth rates for any economy

Recently, Australian Economic Analyst Courtney Trinot said that Iraq requires “long list” of projects for improvement, along with the ventures that are necessary for the reconstruction, which stress out that Iraq has the biggest percentage of development for nations. Iraq … Continue reading

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US working to Support the Economic Growth of Iraq

On Tuesday, the United States of America depicts its duty to help Iraq. They indicate in working to support the country’s development and improvement of a broadened economy that might formulate jobs to expand. In a statement from the U.S. … Continue reading

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