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humveee

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Everything posted by humveee

  1. Says here that they next part of this interview will include something on the dinar: http://www.iraq-businessnews.com/2011/09/13/dr-ali-al-dabbagh-speaks-with-iraq-business-news/
  2. Interview with IBN: http://www.iraq-businessnews.com/2011/09/12/dr-sami-al-araji-speaks-with-iraq-business-news/
  3. A version of the same story here from IBN: http://www.iraq-businessnews.com/2011/09/04/new-iraqi-dinar-corruption-and-money-laundering/
  4. Harder to counterfeit, and expected to rise: http://www.iraq-businessnews.com/2011/08/31/new-iraqi-dinar-to-be-harder-to-counterfeit/
  5. Iraq Business News is running a story about Wisconsin State warning about Iraqi dinars; http://www.iraq-businessnews.com/2011/08/17/wisconsin-warns-about-iraqi-dinar/
  6. Interesting list here of the most influential Iraqis ... http://www.iraq-businessnews.com/2011/07/26/the-22-most-influential-iraqis-2/
  7. Opening an office in Arbil. I dont' have any dealings with them myself, but I guess it's a positive sign: http://www.iraq-businessnews.com/2011/05/30/rabee-securities-opens-office-in-erbil/
  8. "KOGAS, the Korea Gas Corporation, will double its commitment to develop Iraq’s Akkas gas field, according to a report from the Wall Street Journal. The move follows the withdrawal of its partner, Kazakhstan state gas company KazMunaiGas, from the project. Kogas, will now have a 75% stake in one of Iraq’s largest gas projects, up from 37.5% previously. Iraq’s state-run North Oil Company will hold the other 25%." The full article is at http://www.iraq-businessnews.com/2011/05/29/kogas-doubles-stake-in-akkas-gas-field/
  9. A lot of stuff I read about Iraq confuses me, but how can hotels get a cash injection and not report it? http://www.iraq-businessnews.com/2011/05/25/who%E2%80%99s-paying-for-iraq%E2%80%99s-hotel-renovations/
  10. State Department statement about the substantial progress in Iraq: http://www.iraq-businessnews.com/2011/05/23/strengthening-iraq/ All looks very positive!
  11. Having a go at politicians who are losing the country money: http://www.iraq-businessnews.com/2011/05/18/iraq-needs-more-statesmen-and-fewer-politicians/ "One economist estimates that nearly $500 billion has been lost over the past eight years in the oil sector alone, due to poor public sector administration standing in the way of progress. It’s clear that Iraq needs more statesmen and fewer politicians."
  12. "May 12 was the last day of trading for Mosul Bank (BMFI) ahead of its proposed merger with Union Bank (BUOI). The stock closed up 7% bringing its year-to-date gain to 29%. BUOI ended the day unchanged and is up only 12% year-to-date.... : The recent price action in the two companies, while not typical of most take-over situations, is thus not surprising. There’s really no reason to expect BMFI, or any other Iraqi bank in a comparable situation, to overpay." Full story at http://www.iraq-businessnews.com/2011/05/13/acquirers-unlikely-to-overpay-for-iraqi-banks/
  13. "It would be a mistake to think that oil is the only game in town. Now, even an enterprising burger chain from New Zealand also has found that the time is right to enter the Iraqi market" http://www.iraq-businessnews.com/2011/05/11/from-barrels-of-oil-to-burgers/
  14. Not sure how relevant this is: http://www.iraq-businessnews.com/2011/05/11/iraqi-central-bank-allows-cash-transfers-up-to-50000/ "Iraqis are now officially allowed to transfer up to $50,000 [60 million Iraq dinars] per transaction in hard cash across the world, the Central Bank says."
  15. Interesting article here: http://www.iraq-businessnews.com/2011/04/21/postwar-iraq-democracy-or-theocracy/ As he points out, "the one who adapts his policy to the times prospers".
  16. "Apparently the mobile phone operator has been unable to withdraw IQD 29.3 billion in deposits and is suing for the return of these funds under the bankruptcy provisions of the Commercial Code." "According to Article 72 of the latter, “petitions for opening bankruptcy proceedings against a bank shall be submitted in writing to the Financial Services Tribunal.” In the event that a bank is declared bankrupt, the Tribunal is supposed to appoint a receiver to carry out a liquidation under the central bank’s supervision." The article is copyright, so I won't copy the whole thing. Full article at http://www.iraq-businessnews.com/2011/04/06/warka-suitor-a-better-bet-than-asiacell-suit/ How could they get themselves into that situation??!
  17. This really looks like a mess: http://www.iraq-businessnews.com/2011/03/23/iraq-entry-visa-quagmire-blamed-on-al-maliki/ Iraq Entry Visa Quagmire Blamed on al-Maliki Posted on 23 March 2011. Tags: visas We’ve reported in the recent past on the difficulties faced by foreign businesses in getting visas to work in Iraq. This week Iraq Oil Report has found that the reason for the delays is a decision by the office of the Prime Minister, Nouri al-Maliki, that applications for visas don’t just go through the Interior Ministry but through the prime minister’s office. The report cites two anonymous sources, and says that the Ministry has not provided any rationale for the decision. It quotes one employee of an international oil company as saying “the visas are paralyzing us … If we go out, when do we go back in?”. The ‘visa blackout’ is affecting everyone from labourers to prospective investors, top executives, managers, and technicians with specialized skills.
  18. Look at these tender document - European only: http://www.iraq-businessnews.com/2011/01/22/cable-placer-required-at-doura-refinery/ Puts another angle on this debate with Hannity: http://www.iraq-businessnews.com/2011/01/19/talk-show-host-wants-us-to-take-iraqi-oil/
  19. http://www.iraq-businessnews.com/2011/01/07/isx-ready-for-lift-off-2/ worth a read.
  20. Full list of the new cabinet from IBN ... love the comment about cabinet website http://www.iraq-businessnews.com/2010/12/22/full-list-of-iraqs-new-cabinet/
  21. Actually Camp Bucca is way bigger than that. I see the IBN story is now changed to 740 acres. http://www.iraq-businessnews.com/2010/12/20/245m-deal-for-iraqs-camp-bucca/
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