IRAQI DINAR EXPERTS OPINIONS 21-11-2013
Url: Chapter Iraq Business Chat
21-11-2013 Tampa Dinar Expert: What is the new contract of chine’s refinery with Iraq?
21-11-2013 Iraqi Dinar DG Guru: The China refinery Sinochem Corp was buying crude oil from Kuwait, which was costly as compared to the oil from Iraq. Therefore they did not renew their contract with the Kuwait for the import of crude oil and Sinochem Corp has signed a new contract with the Iraq for the import of crude oil. The contract will be operational in 2013. It is considered that Iraq has beaten Kuwait for this contract. Continue reading
08-11-2013 Iraqi Dinar DG Guru: What about the new bonds issued by Gulf Keystone Petroleum?
08-11-2013 IDD Expert Terrence: This is the second time in the thirteen months that Gulf Keystone Petroleum has issues convertible bonds. The bonds have been issued at the principal value of $50 million. Before this in 2012, bonds were issued by the company with the principal value of 275,000,000. These bonds along with newer will be converted in 2017 and some source say that the new bonds will be converted after the final decision of the board of directors. Continue reading
Iraqi Dinar Experts Opinions 23-10-2013…
Source: Iraqi Dinar Discussion
23-10-2013 IDD Expert Terrence: Iraq and India are going to start trading in their local currencies. Is it beneficial for them?
23-10-2013 IDD Expert Colin: Trading in the local currency has always been useful for the countries. Iraqi currency already have lost its value in the international market and according to Indian trade minister, Indian Rupee has also lost its value up to 17% now. Therefore it will be a wise decision from both of the countries to minimize the influence of the dollar in the international market. Continue reading
21-10-2013 IDD Expert Terrence: What are the recent activities of Shell in the Majnoon oil fields?
21-10-2013 Tampa Dinar Expert: Shell with its business partner PETRONAS has officially started its project on Sunday. According to an official spokesman from Shell Petroleum, the company aims to produce 175,000 barrels per day within a few weeks. The target of Shell petroleum is to produce more than 200,000 barrels per day till the end of 2013. The state of Iraq and PETRONAS have 55% share in the project and Shell owns 45% of the total project. Continue reading
Iraqi Dinar Experts Opinions 01-10-2013
01-10-2013 IDD Expert Terrence: What do you see the future of Iraq and its economy?
01-10-2013 ID info Expert Basil: Iraq is trying to stable its economy with every passing day but the situation is not as simple as someone expect. A number of attractive offers have been made to the different countries to invest in the Iraq, but poor security situation and corruption both are the major problems for the country. The Noor Al Maliki administration has a number of challenges to stable the country and its economy. Continue reading
Iraqi Dinar Experts Opinions 30-9-2013
Iraqi Dinar Discussion
30-9-2013 IDD Expert Terrence: What is the dominated factor of the Iraq economy?
30-9-2013 ID info Expert Basil: Iraq remained depended on the extraction and export of crude oil for the betterment of its country. It is commonly known that 95% of the country depends on the export of crude oil which is exported to the nearby countries. There is no doubt that crude oil is the dominated factor of the Iraq economy for a large number of years and hopefully it will remain dominated. Continue reading
Iraqi Dinar Experts Opinions 12-9-2013…
12-9-2013 TD Expert Jake **(New Member)**: It is easy and cheap to travel from one part of Iraqi Kurdistan to the other. You will have to attach the word “garaj” with all of your destinations. For example, if you want to go to Erbil from Halabja, you need to tell the driver that you want to go to Erbil garaj. All of these destinations fall between 5000 Iraqi dinars to 30,000 Iraqi Dinars.
12-9-2013 ID info Expert Basil: Is it easy to travel from city of Iraqi Kurdistan to the other?
12-9-2013 IDD Expert Colin: Honestly, I was not satisfied with the food provided by the hotel management and also the food available outside the hotels. The famous things you can find there is the sandwich, shawarma and falafel. 1000 to 1400 Iraqi Dinars are required to buy one sandwich or shawarma, and they are also not according to marks. Continue reading
Iraqi Dinar Experts Opinions 11-9-2013…
11-9-2013 IDD Expert Colin: I don’t vote for American attack on the Assad’s administration as peace is the best option for all the problems of the world. If the chemical attack was committed by the Assad Administration on its citizen and if the world ignore this issue, so it will become a custom for the dictators of the world, who will never see anything before killing their innocent citizens in any miner dispute between government and civilians.
11-9-2013 IDD Expert Jeff: Do you vote for an attack on Syria?
11-9-2013 TD Expert Edward: These are all wrong allegations from Assad’s administration or the group of the government that want to hide their cruel act of killing innocent. I know they say that chemical attack was done by the rebels themselves to attract the attention of the foreign forces to get involved in the Syria civil war. Continue reading