Iraqi News Friday AM 11-5-21

Iraqi News Friday AM 11-5-21

TLM724 Administrator BondLady’s Corner

Iraq and Turkey discuss strengthening industrial cooperation and strengthening joint investments

Economie| 08:54 - 05/11/2021   Baghdad - Mawazine News, Minister of Industry and Minerals, Manhal Aziz Al-Khabbaz, received Turkish Ambassador to Iraq Ali Riza Günay, where the two sides discussed the results of the minister's recent visit to Turkey to promote joint work in several industrial fields.

During the meeting, Khabbaz reiterated, according to a statement to the ministry's media, today, Friday, "emphasizing the importance of strengthening the existing bilateral cooperation between the two countries and strengthening the partnership and investment agreements concluded between the Turkish side and the companies of the Ministry of Industry and Minerals for the benefit of both parties," noting "the ministry's efforts and plans to rehabilitate and operate factories."

Iraq and the establishment of promising industrial projects by benefiting and using the successful experiences of the brothers and neighboring countries, including Turkey, as well as the use of experiences and success stories in the management and establishment of industrial cities.

Al-Khabar pointed out that "the ministry is looking forward to deepening cooperation with Turkey in all industrial fields to push relations to better levels and achieve economic gains for the two countries." Where the minister referred to the Nineveh Pharmaceutical Factory and the need to rebuild it after it was destroyed due to terrorism, in addition to the food and manufacturing industries and medical supplies.

For his part, the Turkish ambassador indicated, "the possibility of sending an invitation to the Ministries of Health and Industry to visit Turkey and see the pharmaceutical industries and the pharmaceutical sector in it." and forums to present important and promising ideas and experiences in all industrial fields.

The Turkish ambassador stressed "the keenness and aspiration of his country's government to expand and increase opportunities for cooperation and industrial work with Iraq and to establish promising projects that are in the interest of the two neighboring countries and their peoples."

https://www.mawazin.net/Details.aspx?jimare=173683

Weekly Trading Indicators For The Iraqi Stock Exchange

Iraq Stock Exchange   Market  Economy News – Baghdad   The Iraqi Stock Exchange organized during the first week of November 2021 five trading sessions from Sunday, 31/10/2021 to Thursday, 04/11/2021.

During this week, check the indicators below:

The number of shares traded during this week reached more than (2) billion shares.

The value of traded shares this week amounted to more than (1) billion dinars.

The trading index in the market closed for the first session of the week at (586.81) points, while the index closed at the end of the week at (588.71) points, achieving an increase of 0.32% from its closing in the first session.

During the week, more than (1200) contracts of buying and selling were executed on the shares of companies listed in the market.   Views 54 Date added 05/11/2021   https://economy-news.net/content.php?id=26731

Closing The Entrances To The Green Zone In Conjunction With The Start Of Demonstrations Rejecting The Election Results

Political  | 02:49 - 05/11/2021  Baghdad - Mawazine News, today, Friday, massive demonstrations began in front of the Green Zone gate near the Ministry of Planning, in refusal to rig the elections, while the security forces closed the area.

The correspondent of "Mawazine News" said, with the launch of a mass demonstration in front of the number one gate leading to the Green Zone, from the side of the Ministry of Planning, in the center of the capital, Baghdad.

And our correspondent added, "The demonstrations that include the masses objecting to the election results and their fraud, demanded that those responsible for tampering with the election results be held accountable. The judge intervened to end the chaos and confusion that followed the announcement of the results.” Ended 29/p4   https://www.mawazin.net/Details.aspx?jimare=173720

Oil Prices Rise, Brent Records $81.36 A Barrel

Economie| 09:58 - 05/11/2021  Follow-up – Mawazine News:  Oil prices rose, on Friday, to compensate for some of its losses, after the “OPEC +” group rejected an American call to increase supplies and agreed to adhere to plans for a gradual return to production that had stopped due to the pandemic.

Brent crude rose 82 cents, or just over 1%, to $81.36 a barrel.

US crude rose 97 cents, or 1.25 percent, to $79.78 a barrel, after losing 2.5 percent in the previous session.

And “OPEC +” agreed at a meeting yesterday, Thursday, to adhere to plans to increase oil production by 400,000 barrels per day from December 2021, ignoring US President Joe Biden’s call to increase supplies to curb the rise in prices. Ended 29/A 4   https://www.mawazin.net/Details.aspx?jimare=173688

Hakim Calls On Protesters And Security Forces To Exercise Maximum Restraint

Friday 05 November 2021 16:55 | political Number of readings: 9   Baghdad / NINA /- Ammar al-Hakim called on the protesters and the security forces to exercise the utmost restraint and to prevent the situation from being dragged into unimaginable consequences./End 3

https://ninanews.com/Website/News/Details?key=937279

 

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