Iraq Food Imports in 2012

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/0BNnCe73nJ0/

Innocent Iraqi people came across a series of wars in the last 3 decades. They lost their beloved ones, but at the same time, they deprived of basic necessities of life. The Grain Board of Iraq GBI established a state-run food rationing system in 1990 to facilitate their citizens. Unites Nations applied trade sanctions on Iraq due to the aggressive political moves of formal ruler Saddam. The poorer citizens had to pay the penalty as they were starving of eating food items at that time. The food rationing system was put into place to allow the Iraqi people to get required quantities for almost no charge. More detail please read full story.

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New Baghdad Dry Port will Strengthen Iraq

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/gT-rtoQPs5c/

A French company CMA CGM Group has announced a new dry port near Baghdad in Abu Ghreib area.  According to the Group resources, CMA CGM is present in Iraq for the last thirty three years. A bounded dry port is another project by the group in Baghdad. More detail please click here

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Iraq is supporting the World Peace

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/RxKKsPMwS7s/

The law and order situation in Iraq was out of control few years back, but after the UN invasion in 2003, the Coalition Forces took charge of Iraq and a democratic government took office as a result of general elections in 2006. Initial years were extremely challenging for the current democratic government, apart from the law and order situation speculations, counterfeits and black marketing were at its peak. Many sectarian and religious issues restricted Maliki`s scope of improvement. More detail please click here

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Per Capita Income of Iraq (IQD)

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/iu-SxxZ3bUY/

The Iraq Ministry of Planning has announced that the per capita income of Iraq has gone up to $4000 at present. The figure shows a rapid growth in the overall economy of Iraq. The per Capita income was $400 in 2004.  Prime Minister Noor al-Maliki took office in 2006 after the general elections held in the last quarter of 2005. At that time, law and order situation was drastic, infrastructure was not there, banking and finance sector was facing challenges, Iraqi currency was facing counterfeits, speculations and black marketing, in short, Iraq was one of the crucial countries to rule in 2006. More detail please visit here

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Balance Between IQD and USD Exchange Rates

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/Lw5xwyqtjVQ/

The current rate of Iraqi dinar is IQD 1166 for one US dollar. If we go to the open market, the rate will fluctuate from IQD1170 – 200 for one US dollar. It has been observed by the financial experts that the value of the USD is increasing rapidly in the financial markets. The Central Bank of Iraq CBI is taking measures to stop the current decline in the value of IQD and applying sanctions on the dollar transactions. More detail please visit here

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Iraq Economy After 10 Years of the Invasion

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/cZS8KZkVN4Y/

After the ten years of the invasion, Iraq economy is still limping and crawling. The current Maliki government is trying their best to overcome prevailing political and sectarian issues in many provinces. The Iraq Federal Budget 2013 has been passed after a series of sessions on the 7th of March. Differences of opinion on the budget allocations for different regions are still there among the various political groups. According to UN statistics, the Iraq economy showed 8% growth in the last year, and it is hoped that the growth will touch 9% digit this year. More detail please visit here

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Decline of Iraqi Dinar and Political Scenario

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/ydWfSyKALdo/

The current exchange rate of the New Iraqi Dinar in the foreign exchange markets is $1 for 1226 IQDs.  It has been observed by the financial hubs that the demand for dollars has increased in the last couple of weeks. The purchases of CBI, The Central Bank of Iraq is 131 million dollars as compared to the 126 million dollars in the previous financial session. As a result, the dollar reserves of CBI have exceeded $67 billion at the moment. More detail please visit here

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Iraq Natural Gas Projects

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/jqgNaqrKvJE/

Nature has blessed Iraq with abandon natural resources of oil and gas. The World is looking towards Iraq for its increasing fuel needs. Apart from neighboring countries, the rest of the world is also negotiating oil deals with Iraq to get rid of their energy crises. Like crude oil agreements, deals on gas projects are being finalized by the Iraq government. More detail please visit here

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Iraq Will Import Rice from Thailand

Source by: Dinar Deal's Alert

URL: http://www.term123.com/iraq-will-import-rice-from-thailand/

The agriculture sector of Iraq is gradually moving ahead as the series of wars ruined this industry as well. Infrastructure for cultivation is hardly available as Iraq is blessed with oil under the soil in most of the areas. To fulfill the domestic food needs, Iraq imports various commodities from the other countries. So Iraq is the equal business opportunity for the importers and exporters at the same time. More detail please visit here

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Iraq-Aqaba Pipeline Project

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/KGYejNfeAME/

The Iraq Business News reported that the Iraq-Aqaba Pipelines Project is close to be completed. After the completion, the project will be handed over to a pursuant to investment regulations. The pipelines will be constructed across the Gulf of Aqaba and carry oil from Basra to Jordan and Egypt. Egyptian Prime Minister HeshamKendil has signed an agreement at the beginning of this month during his visit to Baghdad. For more detail please visit here

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Deduction in Iraq Aid From US

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/8s4kephbynQ/

United States announced the changes in the aid budgets in 2014. The President Barak Obama has sent the draft of the Budget law for the next year consists of 50 pages to the US Congress. Almasal.com reported that US has suggested many changes in the aids of the countries. Some of the countries are getting the befit of these change allocations and some countries including Iraq and Afghanistan will get reduced amounts in 2014. More detail please visit here

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Security Updates of Iraq in the Last Week

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/EUvyO7qFgmw/

No doubt that the present Maliki government is trying its best to keep things going on in all the fields, but the security concerns have increased in the last week of March. That is also true that prominent oil companies are among agreements with Iraq and many successful deals have been finalized, but at the same time safety and security is a serious matter for the foreign investors. More detail please Click Here

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Grand Plans of Chrystal Group in Iraq

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/XZhKebj7AOQ/

“THE National” has reported that Crystal Group of Abu Dhabi has planned a hotel Chain in  Iraq in the next two years. The first bench mark in this chain will be open in May this year. Crystal group`s spokesman has stated that the group will start from Baghdad and the name of the first hotel will be “The Crystal Grand Ishtar”. According to the report, Crystal Group is planning to open hotels in Karbala, Erbil, Basra and Suleimanya in the coming two years. More detail please visit here

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Updates About Denomination of Iraqi Dinar

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/vX5wIQtFSkw/

Buyers of Iraqi Dinar are increasing day by day following the hype created by various reputed channels and online media. There was a time when Iraqi Dinar was not traded freely in the international financial markets, but after the establishment of a democratic government in Dec 2006, Iraqi Dinar started getting fame. People purchased millions of Iraqi dinars dreaming to be billionaire overnight. For more detail please Visit Here

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Burgan Bank Group Wins the Best Performance Award Again in MENA

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/dqWf5xw8lU8/

Iraq Banking and Finance sector have been facing macro economic issues for the last many years. The current Iraq government is still fighting with speculation, inflation and counterfeits across the country. The Central bank of Iraq CBI has taken many initiatives to cater all these financial problems. Multinational banks like BLF and SCB are ready to open new branches in many cities of Iraq. More detail please Visit Here

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Iraqi Dinars (IQD) and Pakistani Rupees (PKR) Currency Exchange Rate

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/bQBpw8b5958/

The Iraqi Dinar is the currency in Iraq (IQ, IRQ). The Pakistan Rupee is the currency in Pakistan (PK, PAK). The symbol for PKR can be written Rs, and ₨. The Pakistan Rupee is divided into 100 paisa. More   detail please Visit Here

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Chinese Yuan Renminbi (CNY) and Iraqi Dinars (IQD) Currency Exchange Rate

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/FIh6ZI-uKQA/

The Chinese Yuan is the currency in China (CN, CHN). The Iraqi Dinar is the currency in Iraq (IQ, IRQ). The Chinese Yuan is also known as Yuans, RMB, and Renminbi. The symbol for CNY can be written Y, 元, and 圓. The Chinese Yuan is divided into 10 jiao or 100 fen. For more detail Click Here

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United Arab Emirates (AED) and Iraqi Dinars (IQD) Currency Exchange Rate

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/4xwswKatQns/

The United Arab Emirates Dirham is the currency in United Arab Emirates (AE, ARE, UAE). The Iraqi Dinar is the currency in Iraq (IQ, IRQ). The symbol for AED can be written Dh, and Dhs. The United Arab Emirates Dirham is divided into 100 fils. For full story please Visit Here

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The VP Iraq Finance Committee is Optimistic About Iraqi Dinar

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/3S4_xt1a8WA/

Dinar deal’s reported that the Voice President of Iraq Finance Committee had expressed his views and announced that Iraq dinar will return to its previous status. He discussed the root causes and remedies to this issue. He advised CBI to take necessary and prompt actions for the RV of Iraqi Dinar. For complete news Visit Here

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Iraq Will Fulfill 40% of The World`s Oil Needs

Source by: Dinar Deal's Alert

URL: http://feedproxy.google.com/~r/DinarDealsAlert/~3/8w7MxHBZB7Q/

Oil companies of many countries are busy in doing agreements with Iraq in the field of oil and gas. Jordan, Syria, Indonesia, China and grand companies of United Arab Emirates are in the same boat in this regard. Contracts of billions of dollars have been made for several pipelines, discoveries and infrastructure. Iraq is the 2nd highest oil producer in the world after Saudi Arabia. For more detail Visit Here

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