Iraqi News Early Tuesday AM 1-25-22
Iraqi News Early Tuesday AM 1-25-22
TLM724 Administrator BondLady’s Corner
Governor Of The Central Bank Of Iraq Sponsors The Celebration Of Basra Branch On The Occasion Of Its Establishment
January 24, 2022 His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghalib, was sponsored on Monday, on Monday, the central bank branch held in Basra on the occasion of the sixty-fifth anniversary of its founding.
The celebration was attended by the Governor of Basra, Mr. Asaad Al-Eidani and a number of concerned in the banking and financial sector in the province. His Excellency in his speech during the ceremony, said that "Basra Governorate represents the economic lung for Iraq and is an important and exercise, as well as its historical position, and this is what uses to strengthen the work of the banking sector."
"The Central Bank's development initiatives have contributed to the support and establishment of projects in southern Iraq and reflected positively on the economy in these provinces by creating new jobs and expanding the local industry," he said.
His Excellency the Governor briefed the workflow procedures of the Bank's sections in Basra. "The efforts to manage branch and employees", praised "to overcome all the obstacles and difficulties facing their work."
On the sidelines of the celebration, the conservative is a number of outstanding banks operating in the province. Central Bank of Iraq information Office 24 January 2022 https://cbi.iq/news/view/1926
Al-Kazemi Affirms Iraq's Keenness To Strengthen Cooperation With The United States
Political Yesterday, 15:26 Baghdad - I know Today, Monday, Prime Minister Mustafa Al-Kazemi affirmed Iraq's keenness to strengthen cooperation with the United States.
The media office of the Prime Minister said in a statement received by the Iraqi News Agency (INA), that "Prime Minister Mustafa Al-Kazemi received, today, Monday, the American ambassador to Iraq, Matthew Tueller and his accompanying delegation," noting that "during the meeting, bilateral relations between the two countries were discussed." Iraq and the United States, and the prospects for expanding cooperation between the two countries in various fields.
During the meeting, the Prime Minister stressed, "Iraq's keenness to enhance cooperation with the United States in the diplomatic and economic fields, in addition to security cooperation within the frameworks of advice, empowerment and intelligence support, and to preserve Iraq's sovereignty."
For his part, Tueller affirmed, "The United States' support for Iraq's efforts to enhance security and stability locally and regionally, as well as its support for the Iraqi government's pursuit of financial and economic reform, which will reflect positively on opportunities for sustainable development and the prosperity of the Iraqi economy." https://www.ina.iq/147120--.html
Economist: The Silk Road Faces Political And Regional Challenges
Economic Last update 01/24/2022 | 8:52 AM Information / Baghdad... Economist Wissam Al-Tamimi said that moving on the Silk Road through Iraq faces great internal and external political and regional challenges at the same time, pointing out that some parties at home are seeking to thwart the project through the Gulf money they receive from time to time.
Al-Tamimi told "Al-Maalouma", "Iraq depends on oil as a primary source of its economy, with a percentage exceeding 85 percent of the total output of monthly revenues, while Iraq will be able to make oil as a secondary revenue in the event of implementing the Silk Road and making Iraq a crossing for it."
He added that "there are a number of political challenges related to the stance of some parties against this project, especially those that were tempted with Gulf money in order to change the direction of the road towards the GCC countries, first of which is the UAE, whose rulers are seeking to obtain this path."
And he indicated that "a regional and international conflict is taking place on this road, as America stands against its passage as a whole, especially as it considers China its first economic enemy and seeks in various ways to destroy it and thwart projects, whether in Iraq or the countries of the region."
Al-Tamimi stated that “Iraq is the most fortunate of the rest of the Gulf countries, especially the UAE, in terms of the area that enables China and major international companies to set up their factories on the land of Iraq, in addition to the multiplicity of its neighborhood and its direct connection with European countries, which makes it distinguished over other countries in terms of land.” suitable for the passage of the road and the establishment of factories.” finished 25
Al-Ghazi: Iraq And Saudi Arabia Will Sign Tomorrow A Memorandum Of Understanding For Electrical Connection
Political Yesterday, 10:28 Riyadh - Aa'a - Medal of Mulla The Secretary-General of the Council of Ministers, Hamid Al-Ghazi, announced today, Monday, that Iraq and Saudi Arabia will sign tomorrow a memorandum of understanding regarding the electrical connection to replace energy, while noting that a delegation from the Ministry of Agriculture will visit Saudi Arabia soon.
Al-Ghazi said in his speech during the Iraqi-Saudi Business Forum held in Riyadh, and attended by the Iraqi News Agency (INA), that "cooperation between Iraq and Saudi Arabia continues, based on Prime Minister Mustafa Al-Kazemi's directives to support fraternal ties and economic cooperation between the two countries, noting that "the policy of The methodology of the previous and current successive government, with the support of the Iraqi-Saudi Coordination Council, is due to the two countries’ conviction that it is the beginning of a new page between historical relations..
He added, "The Saudi side submitted a paper that included some problems at the port, and we will work to overcome them, we have addressed some of them, and the rest will be dealt with during the next week."
Al-Ghazi continued, "The Coordination Council resulted in the opening of an annex in Baghdad and the signing of many memoranda of understanding to strengthen the relationship between the two countries, and we are working on many files, including the electrical connection, the development of industrial cities, sports cooperation, and others," noting that "tomorrow will witness the signing of a memorandum of understanding regarding electrical interconnection." between Iraq and Saudi Arabia to replace energy.
He explained that "our technical teams are continuing their work in petrochemicals," noting that "the three pillars of the Kingdom's Vision 2030 and the Crown Prince's Green Middle East initiative, will result in discussions after the arrival of a delegation from the Agriculture Committee headed by the Minister of Agriculture to Saudi Arabia."
And he indicated that "the council has an important role in economic cooperation, and we hope that the partnership will benefit from the industrial and economic sectors and create sustainable industrial projects," explaining that "since the formation of the Coordination Council from the beginning, we have proven a key point, which is not to stop the Iraqi and Saudi Economic Business Council with a real will between the two governments."
He stressed that "the volume of trade exchange between the two countries amounted to 15%, and this is a development and progress, and we aspire to reach a number worthy of the capabilities of the two countries." https://www.ina.iq/147095--.html
Riyadh: The Electrical Connection Will Make Iraq And Saudi Arabia One Country
Sweetened Yesterday, 21:57 Baghdad - INA - Wissam Al-Mulla The Federation of Saudi Chambers of Commerce confirmed today, Monday, that there are calls to open more border crossings with Iraq and investment opportunities in 7 sectors, while noting that the electrical connection will make the two countries one country.
The head of the union, Ajlan Abdul Aziz Al-Ajlan, told the Iraqi News Agency (INA), that "the Saudi private sector is optimistic and is fully confident in the great support of the Iraqi-Saudi political leaders to develop and support the economy and investment, and there is a confirmed desire between the private sectors in the two countries," noting that "there is Tremendous opportunities exist in Iraq and Saudi Arabia, and a common interest for the two countries to develop these relations.”
Al-Ajlan added, "We count on the private sectors to develop relations, and there are ongoing meetings to overcome all challenges," stressing "the need to invest in available opportunities."
He pointed out that "there is a call to open more border crossings between the two countries," noting that "the officials in Iraq and Saudi Arabia have expressed their desire to solve the problems, which is a matter of happiness because the leaders in Iraq and Saudi Arabia support this trend."
He stressed, "The rate of trade exchange between the two countries, which amounted to 15% during the past year, is considered an important percentage," expecting that "the percentage will double with the follow-up of the private sectors and the support of political leaders."
He continued: "The Saudi Minister of Commerce confirmed that the Crown Prince informed him that he would be responsible for the file of cooperation with the Iraqi side, and this made us happy, and we affirm that whatever the obstacles, the will will solve them, and this gives faith that there are enormous opportunities that Iraq and Saudi Arabia should benefit from."
He pointed out that "there are investments in all fields, including seven in water, energy, food, manufacturing, trade, entertainment and tourism, and that the electrical connection soon will make Iraq and Saudi Arabia one country," noting that "Iraq has areas for growth, success and attraction for international companies because it is a country with great wealth in addition to There are common links between the two countries." https://www.ina.iq/147163--.html
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