The ambassadors of Britain, Australia and Japan renew their willingness to invest in Iraq

The ambassadors of Britain, Australia and Japan renew their willingness to invest in Iraq

28/07/13 06: 38

New Ambassadors to Britain, Australia and Japan wish their investment in Iraq during a reception and banquet work by members of the general body of the Association of private banks in Iraq in honor of ambassadors. speaking British Ambassador Simon Coles said that the future of Iraq is a very positive indicator that it possesses significant resources can be used for economic development, especially with a growth rate of 9 percent, according to international estimates and reports.



An active role for the private sector



The major British banks and companies have a desire to invest in Iraq because of the importance of the Iraqi market in many countries of the world, in response to a question for (morning) of retardant for companies to invest in the country said that the circumstances of Iraq made him gray image to the most important companies and raise their concerns, but that needed to be an active role for the private sector to change this image, promising to work together to encourage companies and British banks to come to Iraq.

The Embassy staff works hard on real image transfer to the British Government on the successful performance and good for Iraqi banks and the possibility of investment and participation, stressing the desire of his country and its support for economic reform and stability in Iraq. the British Ambassador revealed the intention of opening Embassy in Erbil in Iraqi Kurdistan to grant visas to Iraqis and the end of the month. the British Embassy has opened an outlet in Baghdad recently to grant visas for Iraqis to facilitate their travel after it was granted in Oman.



Providing facilities



The British Ambassador expressed the Embassy's readiness to provide all facilities to the money men in Iraq in coordination with the Association of private banks in Iraq, as the representative of the private sector. the Ambassador of Japan mapso Mo also addressed the role of Japanese companies in the implementation of infrastructure projects in Iraq and many strategic projects.



Japanese companies



The Japanese companies ready to invest in Iraq but are looking for a solid banking sector capable of providing the services we work to activate this aspect with the Association at this time.

Australian economic cooperation



The Ambassador of Australia for nadl SAX her desire to deepen economic cooperation with Iraq in various fields, especially in various industries which is famous for its Australia that could be transferred to Iraq to promote production, so that investment in this area that has all the ingredients for success.



Strengthen the partnership



He was President of the Association of private banks in Adnan Chalabi made race a detailed presentation on the nature of the activities carried out by private banks in Iraq and the size of the big money and hoped to strengthen cooperation and partnership with international banks to promote financial capacity to accommodate the requirements of reconstruction, investment and development in the country.



Financial solvency



The representative called for the Cabinet to dry nozad ambassadors in cooperation among Iraqi banks and their banks after they acknowledged in their speeches with great potential to contribute to Iraq's reconstruction, construction and investment for economic development programs in the country. He pointed out that Iraqi banks have solvency after it raised its capital to implement the decision of the Iraqi Central Bank to provide banking services to companies wishing to invest in Iraq and its willingness to participateToo.



Support development programmes



Member of the governing body of the Association, Wadih bitter melon has said in his speech during the ceremony that private banks managed in cooperation and coordination with the Central Bank to stabilize the exchange rate of the dollar against the Iraqi dinar. bitter melon explained to the ambassadors invited private sector keen to support development programs through the implementation of actions and decisions, the central power of the Iraqi dinar and sedate local economy of Central Bank holdings of cash reserves to cover the needs of Iraq in all circumstances.

Promises of ambassadors



That followed lengthy discussions between ambassadors and representatives of the banks about ways of cooperation and partnership for the advancement of truth in the Iraqi economy outcome promises Ambassadors provide support and the necessary facilities to activate cooperation with Iraq in General and the private sector in particular.

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Oil: exports exceeded 444 million barrels during the first half of the year

Oil: exports exceeded 444 million barrels during the first half of the year

28/07/13 09: 48

The oil Ministry said that the total oil exports for the first half of this year amounted to more than 444 million barrels and revenue exceeded the $ 79 billion, indicated that 31 global company purchased Iraqi crude oil.

She said oil marketing company SOMO of the Ministry in a statement posted on its website that the total oil exports for the first half of this year reached 444 million barrels, indicating that the rate of the monthly export amounted to 74 million and 800,000 barrels and 2 million barrels a day and 493.

The company added that revenue from sales of crude oil totaled 79 billion and 800 million dollars and seven billion and 519 million dollars a month, noting that the average monthly selling price of crude oil reached $ 101 and 585 cents.

The company confirmed that oil exports from the Basra ports amounted to 65 million barrels and 516 per month and 2 million and 183 thousand BPD, while oil exports via the Northern line three million and 118 million barrels per month with an average 530,000 barrels per day, noting that the number of companies which purchased Iraqi crude oil reached 31 global company.

Iraq signed in 2010, several contracts with international companies to develop some oil fields in the first and second rounds of licenses to produce at least six million bpd in 2017, such contracts have focused mostly on fields of the South.

The oil company began pipe Chinese (cpp), a new export pipeline for the Maysan fields, which hold 1 million barrels per day to cope with the dramatic increases in production by implementing development processes within the licensing contracts.

According to General Director of Maysan oil company on mu'arij Al-bahadili during the opening ceremony of the project which saw d & welding the first link in the pipeline to export new line/Bazargan – or will design card up to 1 million barrels a day and the length of 272 km in Qatar/42/Ang and extends from the fields, down to the depot in Faw district treasuries, indicating that cost up to $ 500 million and is expected to complete within one year, adding that the establishment of the new line was to cope with the significant increase in oil production In keeping with the development of my company/PetroChina and sianok/adding new line does not override the current font that supports the export of oil from the fields of product maintenance at the moment but the design does not accommodate the capacity of production increases in future periods.

Little fields Maysan oil company produced an average of 235,000 barrels per day, it is hoped production to about 1 million barrels a day following the completion of the development of key fields beginning in 2017.

On a related level SoC announced that its production of crude oil for June reached 63 million and 74 million barrels, with the addition of the recipient from the Maysan fields, humpback total crude oil produced 74 million and 556,000 barrels.

A company statement noted that total exported oil reached 64 million and 51 thousand barrels of crude oil were processed within Iraq 10 million and 430,000 barrels, of which 484 million barrels to 8 million electricity and 945 barrels to refineries

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Oil: the House is seeking to form a national body for mineral wealth

Oil: the House is seeking to form a national body for mineral wealth

28/07/2013 04: 59

 Female member of the parliamentary oil and energy Ali that the House would work to establish a body to keep and develop the country's mineral wealth.

Fayad sourcing Centre for the Iraqi media network that this body will be responsible directly to the preservation of the country's mineral wealth, noting that the formation of a National Commission for the development of mineral resources, it is hoped that in the coming days.

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(Citibank): our largest Iraq and see the economic giant

(Citibank): our largest Iraq and see the economic giant

28/07/13 09: 34

Citibank Global description, which opened late last month his offices in Baghdad "that Iraq intended to major in banking activities in the future.

Mayank Malik, said Director of Citibank in Jordan and Iraq, at a press briefing, "we look to Iraq that the next major target in Iraq giant prepares to advance."

The owner said "we consider ourselves among the top candidates to serve in Iraq, and we want to have priority".

The Bank will initially serve existing customers, who are working on the energy companies operating in the oil-rich fields "

, Adding: "but in the long term, the multinational Bank will seek to move to commercial banking and service, although no timetable was put in place so far.

The Director of the Office of Citibank, the World Bank holds great hopes for Iraq, which is expected to Bank economists that Iraq has a population of 50 million people with an economy worth about 2,000 billion dollars by 2050 ".

He was President of City Bank dance avlaneri met Prime Minister Nuri al-Maliki at the latter's Office in 24 of the last June after the opening of the llsharkth branch, said "we are determined to be partners in the development of Iraq and accord to promote its economy, saying that there are many international companies interested in investing in Iraq, and we will be supporting them.

And the accord to promote its economy, saying that there are many international companies interested in investing in Iraq, and we will be supporting them.

He noted that the opening of a branch in Baghdad would be a prelude to open branch and Bank activities in management I Iraq. "

It is referred to, with tens of millions of potential customers who have only a few bank accounts, Iraq represents an ambitious target for global banking institutions, especially now that the Iraqis are looking to more banking services available to them is that the old laws of economic and banking sector, and the majority of Government-controlled banks, infrastructure weaknesses "of the sector, in addition to numerous other obstacles to political crises, and the security situation, make the banking business in the country are not guaranteed results for men Business and foreign banks.

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Higher sales of central bank dollar at auction Saturday

Saturday, July 27, 2013 16:20

Higher sales of central bank dollar at auction Saturday

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BAGHDAD / Baghdadi News / .. sales rose Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency, on Saturday, to 201.968 million dollars, after being hit on Thursday, 151 million and 358 thousand dollars, a stable exchange rate was 1166 dinars per dollar.

According to a statement moved the Information Office of the Bank received / Baghdadi News / copy of it, that "the demand for the dollar distributed by 28 million sold in cash, while the value of the amounts sold form of remittances 173 million and 968 thousand dollars, select the price to 1179 dinars per dollar, and the price purchase of $ 1171 cash dinars. "

And participated in the auction currency today 16 waged, banks, and ruled out the $ 8 million and 418 thousand dollars of banks participated in the auction, for the purposes of auditing and other services related to combating money laundering, as well as various other reasons.

The Iraqi central bank held six sessions a week for auction sale and purchase of foreign currencies, starting from Saturday to Thursday.

The bank charges a commission of 13 dinars per dollar, with a discount of 8 dinars per dollar on the amounts purchased, ie, that the purchase price of the dollar cash equal to the cash sales price of the dollar minus 8 dinars. Finished 

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Index of the Iraqi market for securities rises in Sunday's session

Sunday, July 28, 2013 16:43

Index of the Iraqi market for securities rises in Sunday's session

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Baghdad / Baghdadi news / .. Index rose Iraqi market for securities in the Sunday session by 0.58 percent to 115.37 points.

During the meeting, trading of shares of 39 companies out of the contribution of the 73 companies listed electronically, shares of 12 companies, and the price of shares of 15 other companies, while another 12 companies maintained the price of its shares.

The number of shares traded in today's session 927 million shares worth more than one billion and 549 million dinars, achieved through the implementation of 465 contract traded.

The banking sector witnessed trading of shares of 14 companies, shares of 3 companies, and prices of shares 5 other companies, while preserving the 6 other companies on the prices of shares and the number of shares traded with 666 million shares worth more than one billion and 819 million dinars have been achieved through the implementation of 217 contract traded.

The industrial sector witnessed trading of shares of 12 companies, shares of 3 companies, and prices of shares of 4 companies which, while preserving 5 other companies on the prices of shares and the number of shares of industrial companies with 274 million shares worth more than 413 million dinars have been achieved through the implementation of 144 contract traded.

The hotel sector has witnessed trading of shares of 3 companies, shares of two of them, and the price of shares of the company, and one of them, and the number of shares traded for the hotel sector, 3 million shares worth more than 21 million dinars have been achieved through the implementation of 14 contract traded.

Also saw the services sector trading shares of 6 companies, shares of the company and one of them, and the price of shares 4 other companies, while preserving a single company on the prices of shares, exceeding the number of shares traded for the services sector 30 million shares worth more than 97 million dinars have been achieved through the implementation of 79 contract traded.

The insurance sector witnessed trading of shares of one company, the higher the price of its shares, the total number of shares traded in the insurance sector 7 million shares worth more than 5 million dinars have been achieved through the implementation of 5 contracts traded.

The telecommunications sector also saw the company's shares traded only in it, the price of shares and the number of shares traded for the telecommunications sector 8 million shares worth more than 162 million dinars have been achieved through the implementation of 14 contract traded.

The agriculture sector has witnessed trading of shares of the two companies, shares of the company, and one of them, and the price of shares of the other company, and the number of shares traded in the agriculture sector 3 million shares worth more than 30 million dinars have been achieved through the implementation of 22 contract traded.

Was carried out 86 contract for the purchase of non-Iraqi investors in the sectors of banking, industry and services, communications and hotels, as has been the implementation of the 3 contracts for the sale in the telecommunications sector. Finished 

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Zubaidi looking with a delegation from the call parliamentary bloc political and security situation

Zubaidi looking with a delegation from the call parliamentary bloc political and security situation

Sunday, July 28 / July 2013 20:54 |  |  | 

{Baghdad: Euphrates News}

Search head of the parliamentary bloc citizen Baqir al-Zubaidi and several members of the bloc with a delegation from the Islamic Dawa Party block a number of political and security issues in Iraq.

A statement issued by the citizen received a block and Euphrates News Agency {} that Zubaidi received a delegation from the Islamic Dawa Party bloc headed by Prime parliamentary bloc Haider al-Abadi, and the membership of the House of Representatives on the Keywords and Dr. Walid al-Hilli and Amin Hadi and Cltag Abboud. "

He added that "the meeting was attended by the mass of the Parliamentary each citizen of Abdul Hussein Abtan Furat al-Shara and vegetative Hamid Ali Hassoun inch Fatlawi Ahmed Fatlawi file election official in the Supreme Council."

The statement said that "Zubaidi stressed the need for continued communication and coordination in order to serve the goals of the Iraqi people."

He added that "the two sides discussed the overall political and security issues on the Iraqi arena and stressed the need to speed up the completion of important laws in the House of Representatives." Ended

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Government authorizes subsequent agreements with Kuwait

  

Government authorizes subsequent agreements with Kuwait

07/29/2013 12:00 AM Baghdad morning and the Cabinet approved the issuance of documents leave subsequent to negotiate and sign with Kuwait in the areas of environment, finance, transportation, higher education and scientific research. statement by the Information Office of the General Secretariat of the Council of Ministers received (morning), a copy of which pointed out that "the Council decided to issue a document leave Subsequent to negotiate and sign for the Minister of Environment Sargon Lazar صليو a draft agreement in the field of environmental protection between Iraq and Kuwait. " also "has also approved the issuance of documents leave a subsequent negotiation and signing of the Minister of Finance Agency Ali Yousef Shukri, a draft agreement on economic and technical cooperation between the two countries, and the Minister of Transport Hadi Ameri on the draft agreement air services, and the Minister of Higher Education and Scientific Research Ali al-Adeeb of the draft agreement in the field of higher education and scientific research. " the statement noted that "the resolution includes that the Ministry of Foreign Affairs to prepare documents leave subsequent to the minister in accordance with the contexts approved and submitted to the General Secretariat of the Council of Ministers In order to obtain the signature of the prime minister. " The Council approved the entry into force of a memorandum of understanding for cooperation between the Institute of Saud Nasser Al-Sabah Kuwaiti diplomat in the Ministry of Foreign Affairs of Kuwait, and the Foreign Service Institute of the Ministry of Foreign Affairs of Iraq, as well as the executive program for cultural cooperation between the Ministry of Culture in Iraq and the National Council for Culture, Arts and Letters in Kuwait years (2013 - 2015) that have been signing by the Minister of Foreign Affairs.

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Finance Committee: Reduce the budget of the House of Representative

   

Finance Committee: Reduce the budget of the House of Representatives

07/29/2013 12:00 AM  Presidency of the parliament: Some took advantage of it to determine how the political and customizations «moderate»  BAGHDAD - morning  raised the budget the House of Representatives for the next year 2014, amounting to 528 billion Iraqi dinars, considerable controversy in various circles, political, social and cultural rights, which was considered by the budget "explosive."  But the Finance Committee revealed yesterday to find a formula agreed upon to be reduced, after reducing the large number of doors, while condemned the Presidency of the Council of Representatives, what it called "campaign misleading" suffered by the Council, which confirmed that it is driven by the media prejudiced, aided by a number of politicians. targeting political and expressed a statement issued by the Presidency of the Council of Representatives, received "morning," a copy of it, surprise of the campaign, which he described as "unfair", which exposed the House of Representatives on its budget for next year, saying that the campaign "targeting political council and try to determine how and defamation of its members" . The statement noted that "At the time overlooked some of their sight for the budget huge state institutions and the financial allocations for some devices, which fall performed day after day, faces these to attack the budget of the House of Representatives, which is much lower than the budgets of my presidency of the Republic and Minister for Apple it's balancing moderate fit and the needs of the Council and the obligations of the material in carrying out his duties constitutional legislation and control. "the statement noted that" some people tried through his incomplete information and misleading budget, Kturkaz to buy scooters as an alternative more appropriate than cars, to convince the public that these bikes are council members While she was Motamedi provincial offices and not more than the value of the amount allocated for this purpose (25) million Iraqi dinars for all the provinces. "He continued:" the Presidency of the Council of Representatives, at a time estimated the high national role of the administrator played by various media, it invites them to investigate the accuracy and objectivity in dealing with irresponsible remarks of some politicians, and make sure news sources and content and credibility so as not to be shovels for demolition and destruction. "and raised details of the financial allocations for expenses Council operational for the year 2014, considerable debate among political circles and social development, especially after monitoring Council 12 billion and 300 million dinars allocations hospitality, and 550 million allowances and travel expenses, and $ 250 million for the publishing and media and 100 million dinars to participate in the newspapers, and monitor the amount of three billion and 350 million dinars for the allocation and expenditure of IFAD, and $ 22 billion and 275 million dinars allocations exceptional did not indicate exactly what it is, as well as the allocation of $ 33 billion and 520 million dinars allocations livelihoods. reduce the budget in the meantime, said a member of the Finance Committee MP Abdul Hussein al-Yasiri amendment balancing the House of Representatives, format agreed by all the political blocs. Yasiri said in a statement news: that his committee financial conducted an amendment to certain paragraphs of the budget the House of Representatives, especially after that I felt the presence of exaggerations in some doors, and contain numbers opaque, even become a form of legal agreed by all parliamentary blocs. pointed Yasiri that his committee has the authority conferred by reduced budgets, which have already been when proceeded to cut the budget the House of Representatives after extensive discussion, and the presence of a number of experts, officials and financial advisers, saying it's ready for a vote by the House permanently. reconsidered in turn, invited the MP for the coalition free high Nassif, Presidency Parliament to reconsider the budget of the House of Representatives in 2014, which included figures she "astronomical for Aasedkha mind." and showed told him the Information Office of the coalition received "morning," a copy of it, that the budget of the House of Representatives in 2014 has become a modern Iraqi street to the contents of figures astronomical did not find her justification logically persuasive, and that talk about these billions language figures Pat provokes feelings of the Iraqi citizen who lives under pain of poverty and destitution. and expressed MP surprise at inflated size of some of the financial allocations contained in the budget of the Council for the next year, the memory in this area has been monitored amounts to Internet services, which cost the budget of the Council for the year 2012 half a billion, while the allocations for the coming year 2014 billion dinars, as well as the presence of increases in the costs of cleaning circuit by 636 million dinars for the 2012 budget, and Other Apparel (allowances for workers) 350 million dinars, and allocations Financial barriers security jumped to half a billion dinars in the budget for 2014, stressing that the devices and machines have been allocated $ 680 million to the budget of the Council for the year 2012, as has been allocated 11 billion dinars in 2014, although it's related devices and equipment. explained Nassif said What stirs controversy dramatically in the budget of the Council for the next year, is the size of grants and subsidies, have been allotted in the budget of the Council of 28 billion dinars, as well as grants and other transfers that have been allocated in the budget of the Council for the year 2012 billion dinars, which rose in the budget for the year 2014 to become 25 billion dinars. stressed Nassif on the need to re-discuss the budget of the Council for the year 2014 is more transparent and fairer to the poor, every reduction is to take place in one of the paragraphs may contribute to support the families live below the poverty line and Atjd what you feed him for her sons. and seen the "morning" on documents showing tables names Representatives voting in favor of the budget of the Council, which amounted to 528 billion Iraqi dinars, and other documents indicating the names of deputies objectors on the budget parliamentary included buy bicycles and cars carry, and clothes for Council staff, as well as tabulations many other included in the budget. shows recent document that the number of deputies voting the approval of the budget amounted to 108 deputies, with the reservation 24 deputies, 54 others objected, while the number of deputies was absent from the session 136 deputies. http://www.alsabaah.iq/ArticleShow.aspx?ID=51048

Foreign banks considering investing in the banking sector

  

Foreign banks considering investing in the banking sector

07/29/2013 12:00 AM  Expert: entry establishes a competitive environment with the local Baghdad - Mostafa Hashemi banking expert stressed that Iraq represents a promising financial market attracts the attention of investors and international banks to come to the country and direct banking investments where especially given that citizens are now looking to banking services is greater than currently exist. Afterthought at the same time, but he and on the ground, there are intersections between the need for Iraq to enter the investment banks are universal, among the problems faced by the banking sector and of the absence of awareness and banking culture among the citizens, in addition to the weakness of experience in banking transactions in a cadre of local banks and specifically governmental organizations. Services integrated and director banks in the ministry Hilal Taan told (morning): despite the existence of evolution is slow in the banking sector, the banking Full will become required in the case of entry of foreign banks, adding that there are limited opportunities for citizens currently in obtaining loans and credit and mortgages and other services, while investment banks will grant loans on favorable terms to attract public offers distinct opposite of what works by local banks when they enter the country.competitive environment and pointed out that the entry of foreign banks into Iraq would have a competitive environment between them and the local banks operating in the arena Banking, explaining that it will reflect on the nature of the services and facilities provided by the citizens as well as the conditions diluted guarantees that Sttalbha those banks on loans and credits. pointing out that some of those who have bank accounts, are unable to use ATMs or services the bank online or even the ability to access their accounts from different branches of the bank itself. culture of banking and said he could be working systems of banking with modern techniques after the provision of a suitable ground for this by raising awareness and banking culture and modernization visions of citizens and encourage them to use the most advanced technology in withdrawals and deposits and money transfer. pointed Taan that the evolution of the banking business depends on also the evolution of banking culture for citizens and the extent of acceptance to deal with cash-mail through the use of smart cards different and available in the country.sophisticated systems , according to the Central Bank, Iraq has one of the most payment systems, electronic advanced in the world, a system responsible for the exchange of orders Payment interbank automatically using a network safe and effective. confirms the CBI keen to reduce the use of cash (CASH) in the country, and go to automate the processes of settlement of checks and salaries and activate the automated systems of the card electronic, to keep more cash in bank accounts. And seeking to bolster confidence in the economy through the creation of a safe and sound banking system and competitive available to all. restructuring of banks For his part, banking expert Majid picture that the restructuring of the banks are issuing instructions and regulations that explain the law and in accordance with the recommendations of the Basel I and II in 2011, which did not apply until now fully all indicators This requires the preparation of the budget and in accordance with the Basel standards and international standards. He said in a statement to the (morning) that for the Rafidain and Rasheed was prepared all of the studies and recommendations have been trained 700 employees from both banks and the Central Bank in addition to preparing recommendations for the organizational structure and operational aspects and financial aspects. Stressed that the reason for the partial implementation of the recommendations and its failure to implement entirely due to the absence of the real will the change being difficult and not easy, explaining that the restructuring means the separation of capital for the administration of any sense that the managing director of the bank (for private banks) is responsible for the disposition money while the Director-General or the President of the Board of Directors (in government banks) must be responsible for issuing administrative orders and plans to invest the money without having the authority to act directly and leaving it to the governing body for banks-governmental organizations. global standards and drew figurehead that the banking business in Iraq does not match the criteria global banking in other countries due to the adoption of electronic systems in modern banks governmental and confined to a number of private banks generates a gap in the work and coordination between both of them be killed is a citizen. And the figurehead that international banks operating standards and specifications agreed international while we find our banks are looking to the government to recruit money, and predicted that he would not be for the banks a clear role and moving without the development of the private sector, pointing out that the banks two branches of public and private still without ambition is not seen any development in the principles of their work, noting that the private banks are unable to identify their goals because they rely on government money. factor of stability and demonstrate international banks, the desire to find a foothold in Iraq, but that this desire is often hampered by a factor of general stability. According to reports, it has become Iraq represents an ambitious target of banking institutions, but the old laws, and weak infrastructure for the sector, make banking activity in the country is a big risk. However, it is very likely that Iraq will be a market rich in relation to the banking business. Says مايانك owner, bank manager «Citibank» in Jordan and Iraq, in a press statement: We look at Iraq as larger goal next as we see in Iraq giant is preparing for advancement. http://www.alsabaah.iq/ArticleShow.aspx?ID=51034

Oil Expert: Lower the south's oil exports will affect the revenue Iraq

Oil Expert: Lower the south's oil exports will affect the revenue Iraq

Ali Abdullah - 07/28/2013 - 9:42 p | Hits: 48

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Said Hamza oil expert jeweler, to reduce the south's oil exports because of repair and maintenance work in the ports will lead to low Revenue Iraq.

The jeweler said in a press statement: reduction of the south's oil exports will affect imports of Iraq, but with the result that after the completion of maintenance work to be undertaken will increase the export capacity of the fields and thus Iraq will be able to compensate for that lost revenue if a certain percentage.

He added: that Iraq possesses no ports for export only the Gulf and Turkey in the event of loss of any of them can not be compensated for any loss, because the infrastructure in Iraq is incomplete at this time.

He pointed out: that in the near future will be different things to a large extent can be compensated at the time because a lot of infrastructure work in the south will be completed and thus will have a greater potential to convert part of the oil toward the north, in addition to the oil line to Jordan, which will solve the problem stops any line of Oil lines and does not affect the amount of export.
The Southern Oil Company announced a reduction of oil exports within the next two months because of maintenance and repair work in the ports.

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Baghdad Municipality plans to set up one of the best smart traffic systems in the world to deal with the traffic momentum in Baghdad

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Baghdad Municipality plans to set up one of the best smart traffic systems in the world to deal with the traffic momentum in Baghdad

Haider Ali Jawad - 07/28/2013 - 1:03 pm | Hits: 345

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Baghdad Municipality has announced its intention to set up one of the best smart traffic systems in the world for addressing momentum congestion and ensure smooth flow of traffic in the streets of the capital, Baghdad, noting that / 7 / international companies have expressed interest in the implementation of this vital project. 
A statement by the Directorate relations and media today, "said the Municipality of Baghdad and out of concern for the advancement of the bandits and elevate it and give the basic requirements that will ensure the movement of road users in the capital flow to high working to complete the procedures for the implementation of the project traffic smart to be adopted latest technology and the most advanced in the world. " 
He noted "that the project also includes the preparation of studies, designs and requirements that include the provision of the latest technologies used globally and equipped with the latest global systems and devices as well as conduct detailed surveys of the streets and classified in terms of the areas of use." 
He added: The project includes the construction of a building a centralized integrated control and control in the process of a vehicle and set up surveillance cameras fitted system tracker to track the movement of vehicles and allow traffic police to supervise traffic and issuing traffic violations and address traffic congestion urgently if they occur. " 
He explained, "The project will take into account the security requirements and inspection sites and checkpoints main and temporary and the establishment of central building an integrated control system traffic comprises two units, the first follow-up security and other means by allowing mechanisms ambulance immediately to the performance of their duties as well as creating communication equipment do not damage the infrastructure and the development of a system to identify drivers of vehicles the necessary information on the movement of the streets and areas of congestion momentum and hasty ways that enable them to pass through. " 
And "that the project will allow the secretariat of Baghdad, follow-up mechanisms and service directed towards areas that need emergency services during installation and tracking units in those mechanisms to follow the course of action

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Iraq Smart Cards ..Plans setup one of the best smart traffic systems in the world to deal with the traffic momentum in Baghdad

Iraq Smart Cards ..Plans setup one of the best smart traffic systems in the world to deal with the traffic momentum in Baghdad

07/28/2013

Baghdad Municipality plans to set up one of the best smart traffic systems in the world to deal with the traffic momentum in Baghdad

Baghdad Municipality has announced its intention to set up one of the best smart traffic systems in the world for addressing momentum congestion and ensure smooth flow of traffic in the streets of the capital, Baghdad, noting that / 7 / international companies have expressed interest in the implementation of this vital project. 

A statement by the Directorate relations and media today, "said the Municipality of Baghdad and out of concern for the advancement of the bandits and elevate it and give the basic requirements that will ensure the movement of road users in the capital flow to high working to complete the procedures for the implementation of the project traffic smart to be adopted latest technology and the most advanced in the world. 

He noted "that the project also includes the preparation of studies, designs and requirements that include the provision of the latest technologies used globally and equipped with the latest global systems and devices as well as conduct detailed surveys of the streets and classified in terms of the areas of use." 

He added: The project includes the construction of a building a centralized integrated control and control in the process of a vehicle and set up surveillance cameras fitted system tracker to track the movement of vehicles and allow traffic police to supervise traffic and issuing traffic violations and address traffic congestion urgently if they occur. " 

He explained, "The project will take into account the security requirements and inspection sites and checkpoints main and temporary and the establishment of central building an integrated control system traffic comprises two units, the first follow-up security and other means by allowing mechanisms ambulance immediately to the performance of their duties as well as creating communication equipment do not damage the infrastructure and the development of a system to identify drivers of vehicles the necessary information on the movement of the streets and areas of congestion momentum and hasty ways that enable them to pass through. " 

And "that the project will allow the secretariat of Baghdad, follow-up mechanisms and service directed towards areas that need emergency services during installation and tracking units in those mechanisms to follow the course of action

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Washington urges Iraqi political parties to intensify dialogue to resolve outstanding problems

BAGHDAD / News: urged the U.S. administration, on Sunday, all the Iraqi political parties to intensify dialogues and meetings in an effort to find participants provide a suitable atmosphere to resolve outstanding problems.

A statement issued by the Office of the Deputy Prime Minister for Services Affairs Saleh al-Mutlaq and received a "View News," a copy of it, that "al-Mutlaq discussed with the charge d'affaires at the U.S. embassy Douglas Solomon ways of activating the agreements and security services and the strategic framework agreement between Iraq and the United States."

The statement added, "They also discussed the parties bilateral relations between Baghdad and Washington and ways of activating the agreements and security services, particularly the strategic framework agreement concluded between the Iraqi and U.S. governments."

He stated that "the two sides discussed the political scenes of local, regional and international repercussions of the Syrian crisis on the region, in addition to the march of the democratic experiment in Iraq and the security breaches that threaten the security of citizens and cast a shadow over the political process."

For his part, the acting U.S. embassy in Iraq for "confidence in the Iraqi people to overcome adversity and hardship," he said, calling on all political parties to "intensify dialogues and meetings in an effort to find participants provide a suitable atmosphere to resolve outstanding problems, and to ensure the progress and prosperity."

Iraq has signed and the United States the end of 2008 two agreements first service and security, and the second part of Alastregi, confirmed Conventions sincere desire of both countries to establish a relationship of cooperation and friendship of long-term based on the principle of sovereign equality and the rights and principles contained in the Charter of the United Nations and the common interests of both, and resulted in the withdrawal of troops U.S. out of Iraq gradually end of 2011, helping the U.S. in Iraq exit from Chapter VII with the protection of Iraqi funds in U.S. banks, in addition to supplying Iraq with modern military equipment and logistical equipment to combat terrorism.

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