News

This page provides the latest news on Iraqi dinar for investors and speculators:

Iraqi Provinces to Reap $1 Per Each Barrel Produced from Their Oil Fields

Iraqi provinces will have the right to reap $1 from each barrel their oil fields produce, the cabinet has announced. [Link]

Iraq Did Not Transport Airplanes Parked in Queen Alia Airport Since 1991

Jordanian Minister of Transportation Ala’ Al Bataniyah said on Tuesday that Iraq still did not transport its airplanes parked in Queen Alia’ International Airport since 1991 in spite the fact that since 6 months the two countries signed an agreement... [Link]

Iraq Central Bank Policy Aims to Limit Inflation

Iraq Central Bank Governor said that the policy of the Bank is based on enticing the funds to Iraqi banks and not the other way round and that in order to limit the financial inflation in Iraq. [Link]

New Damon Movie May Bring Iraq War into Mainstream

They conjured box office magic with their "Bourne" spy movies, but Matt Damon and Paul Greengrass risk their reputation as sure-fire hitmakers when the Iraq war thriller "Green Zone" debuts on Friday. [Link]

Iraq Expects to Step Up T-bill Activity in 2010

Iraq expects to step up its treasury bill activity in 2010 to help plug continuing budget deficits and foster a secondary treasury market, the Central Bank and Finance Ministry said in a submission to the IMF. [Link]

The Oil Curse

Like one of those perverse twists in the tales of "The Arabian Nights" (many of which, you will recall, took place in Baghdad and Basra), modern Iraq's greatest source of prosperity—its vast reserves of oil and natural gas—could also be... [Link]

Gulf Keystone Eyes Fundraising, to Buy out Partner

Iraq-focused oil explorer Gulf Keystone Petroleum (GKP.L) said it planned to take over its joint venture in Kurdistan after its partner defaulted, in a deal requiring a significant fundraising. [Link]

Gulf Keystone Petroleum to Take Full Control of Kurdistan Operating Subsidiary

Gulf Keystone Petroleum (AIM: GKP) is set to increase its interests in Kurdistan by assuming 100% control of its GKPI operating subsidiary, following a material default by the company’s investment partner in Kurdistan, ETAMIC. Subject to total expenditure... [Link]

Iraq Civil Aviation Board Approves Salahaddin Airport

The Iraqi Civil Aviation Board has given its approval for plans for a new international airport in Salahaddin province, Meed has reported. [Link]

Abadan Gas Oil Exports to Iraq Exceed 320m Liters

Some 322.9 million liters of gas oil have been exported to Iraq via Abadan from March 20, 2009 to March 6, 2010. [Link]

First Lab for General Health in Karbala

The first laboratory for general health project was finalized on Wednesday, according to media spokesman for the Karbala health department. [Link]

Symposium to Discuss Trade, Investment in Karbala

The Chamber of Commerce in Karbala has held a symposium to discuss trade and investment in the province, the chamber’s head said on Wednesday. [Link]

ISX Index Slightly Up, Closes at 99.2 Points

The Iraqi Stock Exchange (ISX) index went up slightly on Wednesday by 0.08% to close at 99.2 points as rates of shares of 12 out of a total of 40 companies traded during today’s session went up. [Link]

Investment Gap ID36 Trillion in 2010

The investment gap in Iraq in 2010 is ID 36 trillion, an economist said on Wednesday. [Link]

Agricultural Research Unit in Karbala

An agricultural research unit has been finalized in Karbala, a senior official said on Wednesday. [Link]