Iraq Point

Iraqi Dinar News News

  • (AFX UK Focus) 2010-01-10 08:38 UPDATE 1 - Kuwait's Burgan ups stake in Iraqi bank Sunday, January 10, 2010 @ 3:11AMKUWAIT, Jan 10 (Reuters) - Kuwait's Burgan Bank said it became a majority shareholder in an Iraqi lender as part of its plan to become a regional player. Burgan, the commercial banking arm of investment firm Kuwait Project Co (KIPCO), now owns a 50.6 percent stake in the Bank of Baghdad after it bought an additional 5.3 percent stake for $10.7 million, it said on Sunday in a statement on the ...
  • (AFX UK Focus) 2010-01-10 06:44 Kuwait's Burgan ups stake in Baghdad bank to 50.6 pct Sunday, January 10, 2010 @ 1:11AMKUWAIT, Jan 10 (Reuters) - Kuwait's Burgan Bank said on Sunday it became a majority shareholder in an Iraqi lender after it raised its stake to 50.6 percent. Burgan, the commercial banking arm of investment firm Kuwait Project Co (KIPCO), bought an additional 5.3 percent stake in the Bank of Baghdad for $10.7 million, it said in a statement on the Kuwaiti bourse website. In 2008, Burgan agreed ...
  • With one bat and no uniforms, Iraq's baseball team hits field Monday, July 13, 2009 @ 2:41PMBAGHDAD — They've only got a five year-old softball bat, a threadbare cap, three scuffed balls and nine second-hand gloves from a flea market. They train on a college soccer field. And there's not a uniform among them. However, they love America's pastime as much as Crash Davis of "Bull Durham" ever did.
  • Comments: 28 Tuesday, April 7, 2009 @ 3:31AMOrwell, thanks for the laugh! Being surrounded in all directions by the same alliance that "occupies your Southern province" is good now??? Serbia can't even get help from Russia or anyone because NATO members (or aspiring) are around Serbia and that's supposed to be good?
  • CBI sells $861m, lowers exchange rate 1 point Saturday, January 24, 2009 @ 2:37AM23 January 2009 BAGHDAD: Total demand on the dollar went down at the Central Bank of Iraq (CBI) auctions this week to reach $861 million with an exchange rate that was less one point at 1,170 Iraqi dinars (ID) compared to last week's.
  • (AFX UK Focus) 2008-12-31 14:42 Iraq tax revenue up 16 pct in 2008, still paltry Wednesday, December 31, 2008 @ 9:04AMBAGHDAD, Dec 31 (Reuters) - Tax revenues in Iraq jumped 16 percent in 2008 to around $430 million, the government said on Wednesday, but taxes still account for just a tiny fraction of government revenue in a nation almost entirely reliant on oil. Tax revenues from various sources totalled more than half a trillion Iraqi dinar, around $430 million, an increase of 16 percent from the previous ...
  • Iraq tax revenue up 16 pct in 2008, still paltry Wednesday, December 31, 2008 @ 8:50AMBAGHDAD, Dec 31 (Reuters) - Tax revenues in Iraq jumped 16 percent in 2008 to around $430 million, the government said on Wednesday, but taxes still account for just a tiny fraction of government revenue in a nation almost entirely reliant on oil.
  • IRAQ: Christians trickling back to their homes in Mosul Thursday, November 6, 2008 @ 3:28AM Source: IRIN About 400 Christian families, (some 2,400 individuals) have returned to their homes in the northern city of Mosul after a spate of threats and killings led them to flee in early October, according to officials.
  • Iraqi dinar gains strength against US dollar Wednesday, September 3, 2008 @ 11:33AMIraqi dinar gains strength against US dollar