News

 

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

Rising Poverty in Iraq Threatens Economic Reform

Following the issue of an Iraqi Planning and development Ministry report indicating that 23% of the population are living in poverty, an Iraqi economic expert has warned of serious implications for the country's economic development [Link]

Jordan Trade Minister Arrived in Erbil

A Jordanian high trade delegation led by the country's Industry and Trade Minister Amer Hadidi landed in Erbil International Airport on Tuesday. [Link]

Rebuilding the Bank to Encourage More Business in Iraq

The town of Muqdadiyah in Diyala province was once a stronghold for al Qaeda in Iraq and their onetime leader, Abu Musab al-Zarqawi. [Link]

Merchant Blames Iraq and US for Bounced Cheque

A merchant claimed in court yesterday that his cheques, worth Dh10 million, had bounced because the Iraqi Government and American army in Iraq had banned him from exporting iron bars. [Link]

Iraq Pullout Unlikely to Spell an End to US Spending

Battered by a savage economic recession, many Americans -- not just supporters of President Barack Obama -- hope his decision to end combat operations in Iraq will also end the vast economic cost of the war. [Link]

Jordanian Trade Minister Discusses Boosting Economic Ties with Kurdistan Region

Jordanian Trade and Industry Minister Aamer al-Hadidi discussed on Tuesday with President of Iraq’s Kurdistan region, Massoud Barzani, ways of boosting bilateral relations between his country and the region. [Link]

ISX Index Goes Down on Tuesday

The Iraqi Stock Exchange (ISX) index decreased by 0.08% to close at 91.4 points as rates of shares of 14 out of a total 26 traded firms went down on Tuesday. [Link]

Dutch Ambassador Discusses Investments in Basra

The Dutch ambassador to Iraq visited Basra province, and discussed with local officials investment opportunities there. [Link]

Iraq’s Inflation Rate Up by 0.2% in July

The inflation rate in Iraq rose by 0.2 percent last July, compared with the previous month of June, according to a statement issued by the Planning Ministry’s Central Statistics Board and received by Aswat al-Iraq on Tuesday. [Link]

Jordan’s Minister of Trade & Industry in Arbil

A Jordanian Trade Delegation, led by Jordan’s Trade & Industry Minister, Amer Al-Hadidi, has arrived in Arbil on Tuesday on a visit aimed to boost economic relations between Kurdistan Region and the Jordanian Kingdom, the Region’s Foreign Relations... [Link]

Economist Warns Inflation May Increase

An Iraqi economist says the country’s inflation rate might continue to grow as the government has set a program of granting loans to citizens, especially public servants, until 2015. [Link]

Iraq's Core Inflation Falls to 1.7 Pct in July

Iraq's core inflation continued to slow in July, dropping to an annual rate of 1.7 percent from 2.7 percent in June, a central bank official said on Monday. [Link]

Iraq Invites Malaysian Companies To Invest

Malaysian companies have been invited to invest and participate in the reconstruction of war-torn Iraq, especially in the electricity, housing, transportation and health sectors. [Link]

Iraq Recovers 90 Percent of US Computers: Customs

Iraq's top customs official on Sunday said 90 percent of a multi-million dollar batch of US-purchased computers destined for schoolchildren but allegedly sold off on the cheap had been recovered. [Link]

ISX Index Closes at 91.5 Points on Monday

The Iraqi Stock Exchange (ISX) index decreased by 0.2% to close at 91.5 points as rates of shares of 11 out of a total 25 traded firms went down on Monday. [Link]