The World Bank on Sunday called on the Jordanian private sector to build alliances with its counterparts in the Arab countries, allowing it to expand beyond the borders through reconstruction projects in Iraq, Libya and Yemen, stressing the existence of serious plans for the reconstruction of liberated areas.
"Countries that require reconstruction are in need of huge sums," said World Bank deputy director for the Middle East Abdullah Dardiri in a press briefing. "The World Bank provides advice, advice and financial support to build strategies to restore Ages with the participation of governments in those countries. "
He added that Jordan can prepare itself for the possibility of participating in the reconstruction of the countries of the region through the establishment of these alliances, noting that "the World Bank is currently working to attract investments in the document Jordan Jordan Compact, the operation of Jordanians and Syrians.
He explained that "Jordan will participate in the reconstruction in 3 countries," noting that "the dialogue is in Iraq, Libya and Yemen."
"There are important dialogues underway for the reconstruction of Libya and the economic situation and programs in Libya. There are serious plans to return the areas that were destroyed in Iraq due to the crisis, in addition to reconstructing the liberated areas of the Dahesh gang," Dardiri said.
The Iraqi Ministry of Industry and Minerals announced on Sunday negotiations with the Dutch Shell Energy giant to increase the contribution of Iraq to the establishment of investment project (Nebras) in the field of petrochemical industries.
The Ministry of Industry and Minerals held a new round of talks with Dutch Shell, which included a number of technical, financial and legal issues related to the implementation of Nabras investment project in the field of petrochemical industries and the possibility of creating success factors in the presence of the vice president The project management committee in the ministry Abdul Karim Abdul Wahab and a number of specialists with the delegation of Shell International ".
"The meeting discussed the obstacles and problems surrounding the allocation of land and the cost of the raw materials needed to run the project and put forward proposals and treatments to overcome these obstacles and solve them," the statement added.
He also pointed out the ways to reduce the cost of the project, estimated at about 8 billion dollars and increase the contribution of the Iraqi side in the project, where the contribution rate of Shell about 76%, while the contribution of the Ministry of Industry about 24% as the Iraqi partner of Shell International.
He pointed out that "the agreement with the partnership is for the establishment of the largest petrochemical complex in the region and a period of completion between 5 to 6 years, which will make Iraq one of the largest producers of petrochemicals in the Middle East and achieve profits estimated at 90 billion dollars over the operational life of 35 years and provides about 40 1,000 jobs. "
He pointed out that "discussing during the discussions to a lot of technical matters related to the production units of the project and its service units and schedules of work progress, which go according to the planned schedules," adding that "was taken a number of decisions that contribute to speed up work in addition to the possibility to update and discuss paragraphs of the law Investment according to modern international standards for industrial investments, as well as discuss a new law that includes the establishment of holding companies in Iraq. "
The statement said that "a meeting has already been held between the Ministry of Industry and the local government of Basra to find solutions and overcome obstacles and accelerate the allocation of land project and the preparation of the scheme of its own network," adding that "negotiations are still underway with the Ministry of Oil to enter as a strategic partner in the project beside the Ministry of Industry, To achieve the largest economic returns to the country through this project. "
The exchange rate of the dollar stabilized in local markets on Sunday (May 21, 2017).
Kifah Stock Exchange - Baghdad 125.100, the same prices for Friday.
Selling and buying prices in banking
Selling price of the dollar = 125,500 dinars.
The purchase price of the dollar = 124,500 dinars.
The Central Bank of Iraq's foreign currency sales fell during the auction on Sunday to 157.72 million dollars, compared to 159.55 million dollars on Thursday auction, a decrease of 1.83 million dollars, according to the Central Bank of Iraq.
The Central Bank said in a statement received by "Economy News" that the exchange rate amounted to 1182 dinars per dollar in the auction held with the participation of 38 banks and 10 financial transfer companies.
The bank said in a statement that the amount sold to boost bank balances abroad amounted to 109.3 million dollars, while the amount of sales in cash was 48.42 million dollars.
The central bank said in a statement that the sale of the amounts transferred to the accounts of banks abroad at the price of 1190 dinars per dollar, while the sale of cash will be at the same price.
Rafidain directs its branches by organizing the approved instruments and issuing the forgery (A VERY GOOD STEP)
The Rafidain Bank, on Sunday, its branches to regulate the approved instruments and issuance of Saffaj citizens, stressing the need to do so without delay.
"The bank's branches in Baghdad and the governorates have been directed to organize the approved instruments and issue the forgers to the citizens in one day without any delay," the bank's media books said in a statement received by Al-Iktissad News. "The aim is to attract the cash mass and win customers,
Shahristani calls for the implementation of the law "where you come from," starting with senior officials
The head of the independent bloc Hussain al-Shahristani called on Saturday to apply the law "From where you have this," starting with senior officials in the state, pointing out that the state and its institutions did not succeed in developing a firm plan to detect the spoilers.
"The state and its institutions have not succeeded in drawing up a firm plan to expose the spoilers and recover public money," Shahristani said in a statement. "The call is once again to implement a law from where you have this, starting with senior officials in the country, .
He called on all political parties to solve their problems and their economic committees. He pointed out that "an independent bloc did not have at any time an economic committee or committee or projects with any governmental institution."
Shahristani said that "an independent bloc calls for the limitation of weapons by the state and the prosecution of armed gangs that threaten the security of citizens and control of security, especially in areas that do not witness military operations."
The leader of the Sadrist movement Moqtada on Sunday sent a letter to Iranian President Hassan Rowhani on the occasion of winning a second term for the post of President of the Republic, calling for Iran to move away from policies that negatively affect the region.
"We congratulate the Iranian people on the victory of their moderate reformist candidate and his voice despite the respectable political strides," Sadr said in a statement.
In his statement, Sadr called on Iran to open up to some non-occupied countries, countries in the region and to leave political and sectarian tensions, which have been committed to them, but to the region as a whole.
Sadr also called on the Iranian government to stay away from all policies that negatively affect the region, "saying that" the situation is no longer bear. "
The Chilean delegation is visiting Iraq today as part of the opening of new horizons for joint cooperation
Foreign Minister Ibrahim al-Jaafari received on Sunday a copy of the credentials of Fernando Salakit Sepulpeda, Chile's new non-resident ambassador to Baghdad. While the new ambassador that a delegation from his country to visit Iraq today in the framework of opening new horizons for joint cooperation.
"Jaafari received a copy of the credentials of the new non-resident ambassador of Chile to Baghdad, Fernando Salakit Sepulpeda," Jafari's office said in a statement received by Mawazine News.
"During the meeting, they discussed bilateral relations between Baghdad and Santiago, ways to strengthen them to serve the interests of the two friendly peoples, and review the efforts of the Iraqis in their war against terrorist gangs," the statement said.
Al-Jaafari said that "the ministry is ready to provide all support for the success of the mission of the diplomatic mission and open the horizons of joint cooperation." He said that "Iraq is achieving successive victories in its war against terrorism and liberate all of its territory from the grip of a terrorist. For the whole world. "
He added that "Iraqi diplomacy is working to strengthen bilateral relations with all countries of the world, activate common interests and face common dangers." He added that "the exchange of visits between officials of the two countries will achieve greater coordination and cooperation in the security, economic and political files."
For his part, the Chilean ambassador stressed "his country's support for Iraq in its war against terrorist gangs and that the bilateral relations will witness great progress in the coming period in different fields." He blessed "the great victories achieved by the Iraqis, which represents the determination of the Iraqi people to eliminate terrorism, And maintain its unity. "
He pointed out that "a delegation from his country will arrive today in Baghdad in the framework of opening new horizons for joint cooperation, investment in many sectors, and the signing of a number of agreements between Iraq and Chile."
Hakim congratulates Rohani and calls for the development of relations and the security of the region
The head of the Iraqi National Alliance, Ammar al-Hakim, on Saturday congratulated Iranian President Hassan Rowhani on the occasion of the renewal of his second term.
"We extend our sincere congratulations and congratulations to His Excellency Sheikh Hassan Rowhani on the occasion of his re-election to the post of President of the Islamic Republic of Iran," Hakim said in a statement issued by the agency All Iraq.
"We look forward to this occasion as an opportunity to develop the historical relationship between Iraq and Iran and to serve the interests of their neighboring peoples and to achieve security and peace in the region and the world."
Iran's presidential candidate Hassan Rowhani won a second presidential election on Friday with 23,549,616 votes, or 57 percent of the total, the interior ministry said.
A senior Iraqi delegation headed to the Saudi capital of Riyadh, arrived here Saturday for an Islamic-American summit.
The delegation was headed by President Fuad Masum, and includes Defense Minister Irfan Hayali and other officials.
Tomorrow, an international conference on terrorism will be held in Riyadh, attended by presidents and leaders of more than 50 countries. The conference will focus on the post-Saddam issue, victory in Iraq and Syria, and the failure of terrorist organizations to flee to Europe and America.
The conference will also discuss money laundering, the transfer of funds, arms and media support in some countries in the region to the mobilization of radicalism and extremism.
President Fuad Masum sent a cable of congratulations to Iranian President Hassan Rowhani for a second term.
"We congratulate you on your re-election as President of the Islamic Republic of Iran, which is a good occasion to reaffirm our keenness to work together to further strengthen and develop the relations between our two neighboring countries to serve the common interests of our two friendly peoples and contribute to the security, stability and progress of our region, .
"We wish you more success in your work and for the friendly Iranian people progress and prosperity."
The Iranian Interior Ministry announced today that presidential candidate Hassan Rouhani won more than 23 million votes by 57 percent of the vote to win the first phase of the presidential election in Iran.
In which conservative candidate Brahimi won 15 million votes, 38% of the total votes.
TEHRAN (FNA)- Reports said an intensified counter-insurgency efforts by Iraqi security forces continue to achieve goals in the ongoing campaign to liberate the Northern city of Mosul as the Iraqi forces retook three more ISIL-held neighborhoods.
Amid the last stage of the Mosul battle, the Iraqi Army was able to wrestle control of the Iqtisadiyeen district, Al-Rabi’ district and highly fortified ’17th Tammuz’ district, the latter holds symbolic significance for the caliphate as it was the first large suburb to fall into ISIL hand in 2014, Al Masdar reported.
The ISIL now effectively controls merely three districts in Mosul city, namely the Al-Shafaa, Al-Zinjiji, and Old City neighborhoods. These ISIL-held areas are centered along three bridges on the Western bank of the Tigris River.
The Old City district is nevertheless the most densely populated neighborhood across Mosul and houses the Al-Nouri mosque where ISIL leader Abu Bakr Al-Baghdadi declared the caliphate in 2014. Unfortunately for government troops, it is also composed of small buildings and narrow streets that favor ISIL-style guerrila warfare.
A few isolated sniper nests are still scattered elsewhere while Iraqi sappers constantly endanger themselves by having to deal with booby traps and mines in liberated residential areas.
With the seasoned 9th Division and 15th Division of the Iraqi Army already departed for duties elsewhere, the final mopping-up operations in Mosul are left to the Rapid Response Division and Iraqi Federal Police to deal with.
On Saturday afternoon, the Counter Terrorism Units notably announced they had finished their operations in Mosul and would be transferred to other fronts upon demand of Baghdad.
Around 500 ISIL insurgents are still fighting in Mosul while hundreds more sleeper cells are said to be active in government-held areas
Opened monarch Jordan The King Slave Allah The second Ben Hussein, Business Sessions Official For the Forum Economic development Global, Area the East Middle East And North Africa, Today Saturday, at Area the sea Dead ( South West Capital Amman ).
and since yesterday Friday, Witnesses Area the sea dead Procedures a wish Tight, Precede Access The King Slave Allah The second, And heads Arabs And foreigners And officials Governments From several States .
And imposed Forces From Army Jordan, Shut up Full Area Conference, Which Takes place at center The King Hussain Ben Talal For conferences at the sea dead, And established numerous Barriers Military at Ocean Forum .
Participates at forum, monarch Spanish King " Philip Sixth " And the President Iraq Fouad infallible, And the President Palestinian conflict Mahmood Abbas, And the head Republic of Macedonia George Ivanov And the head Kosovo Hashem Thaci And the head Niger Mohammed Yousso .
And carries forum For this General, Logo " enabled Generations Toward Future " He spoke to me Highlight Tools revolution Industrial Fourth at Confrontation Challenges Geopolitical Economic development Current .
And presented several Seminars During Today scoundrel Sunday, Highlight Proposals To face Attribution The unemployment High at Area the East Middle East And North Africa Across Use Technology, And how Integration refugees at Production .
It focuses forum Also On Seminars Discussed Leadership And creativity Across Technology Modern, Building Economies Include Participation everybody And efforts Relief And diplomacy Necessary To face Challenges Area .
Criticize Advisor Financial To the President Ministers, appearance Mohammed Valid, Invitations to me scale down Values The dinar Iraq Opposite Dollar American, Stressing that a step Like this Will lead to me three Crises .
And he said Valid at Declaration Journalist Received " economy News " version from him, " There Contacts And personalities Working Unfortunately On promotion idea Deterioration price Exchange The dinar Iraq And create Deterioration at level the living And hit Stability From Yup impose tax Cash Urgent Touching All Slices People, and he Inflation, And create Deterioration deliberate Level the living From Yup that Blocking Country Some Her inability From Without that Contemplate at management Revenues From Outside Revenue Oil " , Pointing out to me That " reduction Values the currency Iraq From During scale down price Exchange For the dinar Opposite Dollar for example, Will add at Results Destructive Influence Negative at Deepening Effects the crisis Financial, Which crisis New Strength Inflation at the level General For prices He is born No Mention Depression Inflation, What Aggravated From Conditions Economic development the public It is common The grumble Is intended at time We go in it the war On Terrorism We are Yesterday the need to me Ingredients Stability Economic . "
The Association of Iraqi Banks announced on Saturday the launch of the Economic Press Award for the published newspapers during the year 2016, stressing that the nomination for the award closes on 20 of next month, pointing out that the winner gets the amount of five million dinars and the second winner gets the amount of three million dinars.
The Association of Private Banks in a press statement received by "Economy News", "We announce the launch of the Iraqi Journalism Award in the arts of journalism, dialogue and investigation and article, and begin to receive nominations for press work published in the period 1/1/2016 until 31/12/2016 during 20 May 20 to June 20, "adding that" the nominations we receive by e-mail email@example.com. "
"Every journalist has the right to submit two works in the art of one of the arts of journalism (the dialogue - the report - the article) and the work is subject to the evaluation of a panel of neutral arbitrators of journalists and economists, and announces the winner in July next to receive the awards and honoring the winners and arbitrators at a ceremony this year Current in Baghdad. "
She stressed that "the work required to provide the strength of analysis and clarity of the idea and commitment to the ethics of the profession and knowledge of the aspects of the subject and the integrity of the Arabic language and the method of handling and accuracy of data and figures and statistics and research effort and the importance of the subject and be special economic affairs.
She pointed out that "the first winner of each art of journalism (a dialogue report - article) is awarded five million dinars and the second winner three million dinars," pointing out that "prohibits employees of the Association of Iraqi private banks, either directly or indirectly to apply for the award The jury will be chosen in secret and announced at the award ceremony and will be judged only after three rounds of the award. "
The Association of Banks invited Iraqi journalists to "see the website of the Economic Press Award at www.ipblaward.com for more details."
Al-Rasheed Bank has announced the granting of advances to retirees up to 3 million dinars, via smart card exclusively.
The assistant director of the bank Moataz Abdul Rasoul in a press statement: The bank is still continuing to grant advances to retirees according to his pension and the amounts ranging between one million and 500 thousand dinars to three million dinars.
Abdul Rasul said that the interest on these advances up to 7 percent and the duration of repayment of five years, pointing out that the bank requires that the pensioner has a smart card in order to exchange the advance.
It is worth mentioning that Al-Rasheed Bank started early this year to grant salaries to employees of ten salaries according to certain mechanisms and controls
The Secretariat of the Council of Ministers discusses the facilitation of industrial and agricultural loans in the Central Bank
General Secretariat of the Council of Ministers held a special workshop to discuss facilitating the lending mechanism within the central bank's industrial and agricultural loans initiative.
The administrative director of the Iraqi Economic Council Bassel al-Khafaji said in a statement that "the workshop was held at the guesthouse of the Presidency of the Council of Ministers, attended by the Secretary-General of the Council of Ministers Mahdi Al-Alaq, , The economic adviser to Prime Minister Kazem al-Hassani, as well as the Undersecretary of the Ministry of Housing and Housing, Chairman of the Supervisory Committee on Lending, Astbork Thistle, the Director General of the Operations Department of the Central Bank of Iraq Mahmoud Dagher, the financial adviser to the Prime Minister appearance of Mohammed Saleh, in addition to representatives of the Industrial and Agricultural Bank, Industrial Numeih and unions, businessmen and investors from the agricultural sector and industrial. "
"The Iraqi Economic Council participated actively in the work of this workshop with a delegation that included the President of the Iraqi Economic Council Ibrahim al-Baghdadi Al-Masoudi, member of the board of directors of the Iraqi Economic Council, the financial secretary and Karim al-Yasiri, Sheikh Hussein Al-Khawam, Sheikh Zia Al-Khawam, Ali Mohsen Farhoud, Khafaji.
"The objective, according to the statement, that" the purpose of this meeting is to look at the data presented to the Council of Ministers, including the amounts that have been lent from the inception of the initiative and until now through specialized banks, as follows:
80% of the funds allocated to the Housing Fund.
32% real estate bank
3.5% Agricultural Bank
0% Industrial Bank
The US embassy in Iraq confirmed on Friday that the Nineveh government would receive $ 1.4 million from the United Nations to rebuild the Flower Bridge.
The embassy said in a statement received by Mawazine News, a copy of it, that "officials in the province of Nineveh are successfully implementing new techniques to repair the infrastructure destroyed by Dahesh," noting that "training in post-disaster management, provided through the Agency's Progress project Has assisted Nineveh officials in assessing damage to the Nineveh bridges and providing funding to rebuild the Khazar bridge, "he said.
"The local government expects to receive US $ 1.4 million from the United Nations Development Program (UNDP) to rebuild the Flower Bridge," the statement said, adding that "the government is considering other options for the reconstruction of the Sugar Bridge."
Tunisian President Kaid al-Sibsi said on Saturday that Iraqi victories over terrorist organizations would be the most important and influential factor for restoring stability to the region as a whole and not only to Iraq.
"Iraq, with its civilization and history, has always been the pivotal state that brings nations together, including the world of knowledge, culture, science and various strengths, expressing its sincere congratulations to the Iraqi people and achieving great victories," the Tunisian president said during a meeting with the president of the Union of Arab Journalists Muayad al-Lami at the Carthage Palace. On the preacher and terrorist organizations. "
For his part, al-Lami gave a detailed explanation of those victories and united the Iraqi people in confronting these terrorist organizations that targeted all Iraqis without exception, adding that "Iraq has stopped the spread of terrorists to the countries of the world thanks to the sacrifice of its sons and their courage."
Al-Lami expressed "appreciation for the feelings of the Tunisian president towards the Iraqi people and congratulations for their victory over their enemies, stressing that the signs of peace, love and national unity among all his sons have been rejected in all its delay."