The Iraqi Dinar Revaluation Scam: False Hope, Financial Deception
Aug 29, 2024 · By a Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Revaluation Scam: An Examination of False Hope and Financial Deception Introduction The notion that the Iraqi Dinar (IQD) will appreciate in value by an unprecedented multiple has circulated in
Central Bank discusses Increasing the Value of the Iraqi Dinar
Mar 14, 2024 · By John Lee. On Thursday, Iraq's Finance Committee, chaired by Atwan Al-Atwani, convened with its members and the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, to discuss monetary policy, the banking system, and methods to increase the value of the Iraqi dinar.. Al-Atwani stressed the importance of monitoring the economic file and monetary policy based on oversight principles.
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Iraq Restores Value of Dinar - Iraq Business News
Feb 7, 2023 · By John Lee. The Iraqi authorities have approved a revaluation of the Iraqi dinar. In a statement said on Tuesday, the Central Bank of Iraq (CBI) said that, starting on Wednesday, the exchange rates will be as follows: 1,300 dinars per dollar: the price of purchasing a dollar from the Ministry of Finance; 1,310 dinars
Iraq Finalises Contracts for latest Energy Licensing Rounds
Oct 29, 2024 · Jiyad: Disappointment at Latest Energy Licensing Round CNOOC Confirms Contract to Develop Iraq's Block 7 New Oil Concessions in Iraq: FULL LIST The Successes and Failures of Iraq's Energy Licensing Rounds
Iraq Tenders - Iraq Business News
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Iraq Launches Tender for Baghdad-Baiji Railway Upgrade
By John Lee. The Iraqi Ministry of Transport has announced a tender for the design and completion of the Baghdad-Baiji railway line, with plans to upgrade the Taji-Baiji section to UIC60 standard gauge. Partially funded by the World Bank under the Emergency Development Project, the contract covers design and construction work to modernize the current
CNOOC Confirms Contract to Develop Iraq's Block 7
Oct 30, 2024 · By John Lee. The China National Offshore Oil Corporation (CNOOC) has announced that its wholly owned subsidiary, CNOOC Africa Holding Ltd., has entered into the Exploration, Development & Production Contract (EDPC) with Iraq's state-owned Midland Oil Company for Block 7.. It says the block is mainly located in Diwaniyah governorate, and covers an area of 6,300 square kilometers, adding:
Chinese Firm to build TotalEnergies 1GW Solar Plant
Aug 22, 2024 · By John Lee. China Energy Engineering Corporation (Energy China, CEEC) and France's TotalEnergies have signed an EPC contract for a 1-GW solar power project at the Ratawi [Artawi] field in Basra. According to a statement from Energy China: "This project is the first large-scale project in the Iraqi government's PV construction plan, and serves as a significant milestone in CEEC's commitment to ...
Iraq Oil & Gas News - Iraq Business News
Jan 8, 2025 · By John Lee. Iraq's Oil Products Distribution Company (OPDC) has announced its 2024 fuel sales figures, showcasing extensive distribution across Iraq via retail outlets, electronic POS systems, and direct supply to state institutions, private companies, investors, displaced persons, the Ministry of Electricity, and aviation services.