Iraqi Economy | Forum profile

About time wont be long now folks

Iraqi private entrepreneurs now have the right to build power stations and sell their output to the national grid, the Electricity Minister Kareem Waheed said. Waheed made the remarks in a meeting with Sami Al-Araji, chairman of Iraq’s National Investment Board. The move comes following reports of that the national grid was still facing serious problems, with its generating capacity declining despite the pouring of billions of dollars to...

Quote: Originally Posted by hmuzzy1967 EB the blue writing means nothing important....I felt like writing in blue I do not like plain black....anyway I was kidding with you.....blue is my mood right now as we are not cashing in... You better keep in touch when you do leave...LOL hmuzzy1967 I have re worded my post.......................I know you were kidding thought the mood would be red if not cashing in!!! Me leave...............not by my...

Quote: Originally Posted by 435613422 what year you got in RB? 2007, prices were definitely higher than now but it was difficult to purchase much more than 20K shares in each company then so not much of a loss, most of my stock was purchased this year and with the 200k minimum at Warka it averages out nicely North Bank hurt a little though, got that at 4+ dinars

Quote: Originally Posted by RoyalBeluga 2007, prices were definitely higher than now but it was difficult to purchase much more than 20K shares in each company then so not much of a loss, most of my stock was purchased this year and with the 200k minimum at Warka it averages out nicely North Bank hurt a little though, got that at 4+ dinars They had no problem selling me 4 million shares of MEIB at 3 dinar, 2 million shares of Dar Essalam at...

They could raise billions.

thanks !!! Good find...

Quote: Originally Posted by fb481777 We'll, I won't take the credit for this one, as I saw this on another post, but b/c of the way the title is said, I think people will pass by...but here is a link for proof of GOOD NEWS! Glory to Jesus! WOohooo! http://asia.news.yahoo.com/rtrs/2009...s-955c2a1.html BAGHDAD, Nov 25 will become the first bank in the country to join the global foreign exchange dealing system of Thomson Reuters Corp...

Quote: Originally Posted by panhead I myself don't believe in cut off dates....this is not a currency change like Kuwait or Iraq previously....more likely the large notes will just not be reissued after turn in like the US 1k and 10k notes....still legal tender. I don't either, my comment was more directed to the "to many dinar on the market" crowd on a way to pull it in. Its possible to reduce the amount of...

Quote: Originally Posted by TrueDinar4u Jas Singh , Global Head of Treasury, Thomson Reuters, said, “Thomson Reuters has maintained a strong presence in Iraq over the last 10 years and we are delighted to support the development of its financial markets by equipping TBI with the right tools and information to trade with the wider world. We look forward to working with them to open further opportunities as their banking systems develop”....