Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 31 registered $169,919,883 in sales, a -10.56% volume decline from the US $189,989,620 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 30.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 31 compared to the previous auction.

Data for the January 31 auction was made public by CBI Announcement Number 3625.

Dollar sales in the in the period January 1, 2018 to January 31, 2018 saw an increase of -1% compared to the sales of US $3.31 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.88 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 2.1 11%

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The United States is preparing to activate the framework of the trade and investment agreement with Iraq

 

2018/1/28 18:30

 

The United States promised to activate the framework of the trade and investment agreement with Iraq, stressing its support for strengthening ties between the two countries to build a multi-dimensional relationship through trade, education, cultural exchange, cultural protection, law enforcement, environmental protection, energy and others.

 

“The United States and the Republic of Iraq are committed to developing and strengthening our permanent partnership based on common interests that will continue to expand in the years to come,” said a joint statement by the US-Iraq High Coordination Committee.

 

“While we maintain our strong security partnership to ensure the permanent defeat of terrorist gangs, we are working to re-energize our political and economic ties to support the Iraqi economy in meeting the challenges of the 21st century and meet Iraq’s reconstruction needs. We will continue to strengthen our ties to build a multi- Through trade, education, cultural exchange, cultural protection, law enforcement, environmental protection, energy and other vital areas. ”

 

“In 2008, Dulata signed the Strategic Framework Agreement (SFA) to reaffirm the desire of the two sides to establish lasting ties of cooperation and friendship, and today the SFA is the basis on which we build a strong and mutually beneficial relationship. And reaffirm our commitment to this important partnership and the principles of cooperation, sovereignty and mutual respect expressed by the SFA. ”

 

“Deputy Foreign Minister Nizar Khairallah and US Deputy Secretary of State John Sullivan held the fifth meeting of the SFA High Coordination Committee on January 28 in Baghdad and reaffirmed the significant progress we have made under the SFA so far, The basis for future cooperation, particularly in the areas of political and diplomatic cooperation and trade and financial cooperation “.

 

“The United States is committed to supporting the Republic of Iraq as it is deepening and developing its political and economic relations with regional allies, including the Gulf Cooperation Council (GCC) countries. The United States reaffirms its desire to deepen cooperation in mutually beneficial areas in international forums, Our two governments to establish a subcommittee focusing on simplifying the procedure for visa entry and residence in Iraq. ”

 

“The United States and Iraq will work to revitalize the framework of the trade and investment agreement to create meaningful improvements in the investment climate in Iraq, attract the investment that is needed, and severely rebuild reconstruction projects across Iraq,” he said.

 

“The United States is also committed to supporting Iraq’s ongoing participation in the IMF program to ensure financial stability and to promote economic reform. Iraq asserts that it is acceding to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards (1958) Iraq and its desire to provide a formal mechanism for the settlement of commercial disputes. ”

 

“Our governments agree to set up a working group to address long-standing trade disputes in order to strengthen bilateral economic relations and to point out to US companies that Iraq is open to business,” he concluded.

 

http://alforatnews.com/modules/news/article.php?storyid=158570

 

Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 30 registered $189,989,620 in sales, a 0.17% volume increase from the US $189,667,600 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 29.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 30 compared to the previous auction.

Data for the January 30 auction was made public by CBI Announcement Number 3624.

Dollar sales in the in the period January 1, 2018 to January 30, 2018 saw an increase of -1% compared to the sales of US $3.15 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.87 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 2 5%

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** PLEASE NOTE THAT THIS MESSAGE APPLIES TO THE ISX & PROXY STOCK HOLDERS NOT IQD DEPOSIT ACCOUNT HOLDERS **

 

Dear Proxy Stockholders ,

According to the current regulations and guidelines all stock holders holding stocks and shares under the name of our proxy company are kindly requested to submit a colored copy of their valid passport and a signed authorization letter authorizing our brokerage company (Warka Brokerage company) to transfer all stocks and shares held under the name of the proxy company to the direct name of the stock holder depositing the shares under his / her name in the ISX depository system.

 

Proxy holders whom fail to provide a copy of the colored valid passport and authorization within 15 days from posting this notice on our website will have their shares liquidated and sold and the funds deposited directly into their accounts held at Warka Bank for Investment and Finance.

 

Please send the requested information directly to our brokerage office 3044@warka-bank-iq.com noting that emails directed to the non relevant department will be disregarded and considered null and void.

 

Thank you for your fine cooperation.

 

** PLEASE NOTE THAT THIS MESSAGE APPLIES TO THE ISX & PROXY STOCK HOLDERS NOT IQD DEPOSIT ACCOUNT HOLDERS **

 

Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 29 registered $189,667,600 in sales, a 2.42% volume increase from the US $185,185,003 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 28.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 29 compared to the previous auction.

Data for the January 29 auction was made public by CBI Announcement Number 3623.

Dollar sales in the in the period January 1, 2018 to January 29, 2018 saw an increase of -1% compared to the sales of US $2.98 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.86 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 1.9 0%

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Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 28 registered $185,185,003 in sales, a -2.52% volume decline from the US $189,975,125 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 25.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 28 compared to the previous auction.

Data for the January 28 auction was made public by CBI Announcement Number 3622.

Dollar sales in the in the period January 1, 2018 to January 28, 2018 saw an increase of -1% compared to the sales of US $2.8 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.85 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 1.8 -5%

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The first half of 2017 witnessed the export of 24 condensates shipments and 24 gas liquids shipments (Reuters)

Baghdad (IraqiNews.com) Iraq plans to offer three of its oil refineries to investors during an upcoming conference of Iraq donors, the government said Thursday.

Anadolu Agency quoted a statement from the state’s investment authority saying that the refineries include Faw, in the southern Basra province, with a production capacity of 300.000 barrels a day, besides another in Anbar (150.000 barrels per day) and Nasseriya, Dhi Qar province (150.000 barrels per day).

Iraq imports and estimated USD5 billion in petroleum products for local demand, most of which is used for electricity generation.

Iraq’s need for petroleum products intensified after Islamic State militants took over the Baiji refinery in Salahuddin province, which secured nearly a third of the country’s needs with a capacity of 170.000 barrels per day.

Kuwait will be hosting Iraq donors conference from 12th to 14th February. Nearly 70 participants are expected at the event which will hopefully collect USD100 billion dollars for the reconstruction of the country and repair of damage caused by the war against Islamic State militants.

The investment authority said last Tuesday that Iraq was planning to offer a total of 157 projects to investors during the conference.

Iraq’s crude oil exports for December stood at nearly 109.9 billion barrels, with revenues of nearly USD6.5 billion.

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Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 25 registered $189,975,125 in sales, a 11.64% volume increase from the US $170,172,208 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 24.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 25 compared to the previous auction.

Data for the January 25 auction was made public by CBI Announcement Number 3621.

Dollar sales in the in the period January 1, 2018 to January 25, 2018 saw an increase of -1% compared to the sales of US $2.63 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.85 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 1.7 -11%

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Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 24 registered $170,172,208 in sales, a -1.47% volume decline from the US $172,710,956 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 23.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 24 compared to the previous auction.

Data for the January 24 auction was made public by CBI Announcement Number 3620.

Dollar sales in the in the period January 1, 2018 to January 24, 2018 saw an increase of -1% compared to the sales of US $2.47 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.84 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 1.6 -16%

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Central_Bank_of_Iraq_LogoBaghdad (IraqiNews.com) The Central Bank of Iraq (CBI) currency auction on January 23 registered $172,710,956 in sales, a -2.19% volume decline from the US $176,586,806 sold by Iraqi Dinar, credit and transfer at the previous auction held on January 22.

The latest auction was attended by 45 banks and 9 remittance companies. The same institutions attended the auction held on January 23 compared to the previous auction.

Data for the January 23 auction was made public by CBI Announcement Number 3619.

Dollar sales in the in the period January 1, 2018 to January 23, 2018 saw an increase of -1% compared to the sales of US $2.31 billion in the same period in 2017. The total amount of US currency sold by CBI in the calendar year 2017 was US $15.7 billion.

An analysis of the monthly dollar sales by CBI since January 2016 reveals highly fluctuating volumes. During the period from January 2016 to January 2018, sales of US dollars averaged US $1.83 billion per month. Peak volumes were reached in May this year when sales touched US $2.3 billion.

Year Month US dollar sales in billions Increase/(decrease) compared to the previous month
2017 January 2.2
2017 February 2 -9%
2017 March 2.1 5%
2017 April 1.8 -14%
2017 May 2.3 28%
2017 June 0.6 -74%
2017 July 2.2 267%
2017 August 2.1 -5%
2017 September 1 -52%
2017 October 2.2 120%
2017 November 1.9 -14%
2017 December 1.9 0%
2018 January 1.5 -21%

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