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| Iraqi Dinar rose against the dollar by 20% in 16 months, says the Central bank governor |
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| The Iraqi dinar went up against the U.S. dollar by 20 percent in the past 16 months, said the governor of the Central Bank of Iraq (CBI), attributing the rise to the bank’s policy. |
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Full Story Friday, May 30, 2008 |
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| $160 million to rehabilitate southern cement company |
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| The Iraqi Ministry of Industry and Minerals said it will allocate 160 million U.S. dollars from a Japanese loan to rehabilitate the General Company for Southern Cement. |
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Full Story Thursday, May 29, 2008 |
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| 173 projects in Iraq’s provinces are inspected |
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| The General Directorate of Industrial Development, a formation of the Ministry of Industry and Minerals, inspected a hundred and seventy-three projects in the provinces of Iraq in general. |
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Full Story Thursday, May 29, 2008 |
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| Korek planning $400 million investment in Iraq |
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| Iraq’s Korek Telecom is planning to spend some US$400 million over the next twelve months on its GSM network - despite still having not concluded its joint venture details with UAE based Etisalat. |
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Full Story Tuesday, May 27, 2008 |
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| $4 trillion in Middle Eastern capital available for investment |
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| A new report from A.T Kearney, a global strategic management consulting firm, reveals that the potential of Middle Eastern capital available for investment, in both private and public sectors, is approximately $4 trillion. |
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Full Story Tuesday, May 27, 2008 |
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| Iraq starts repairing refinery pipelines to Baghdad |
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| Repair teams started work on major oil pipelines connecting Iraq’s largest refinery to Baghdad on Sunday, in a bid to help meet a domestic supply shortfall, a British official overseeing the project said. |
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Full Story Monday, May 26, 2008 |
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| 6 power plants to open next year in Iraq |
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| The construction of six power plants will be finalized next year in a bid to sustain the country’s national power grid, the official spokesman for the Iraqi electricity ministry said. |
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Full Story Sunday, May 25, 2008 |
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| Iraq’s Trade exchange with Turkey to exceed $5 billion this year |
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| Trade exchange between Iraq and Turkey would exceed 5 billion U.S. dollars this year compared to last year’s 3 billion U.S. dollars, the Iraqi trade minister revealed. |
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Full Story Saturday, May 24, 2008 |
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