Iraqi News Monday PM 10-18-21
Iraqi News Monday PM 10-18-21
TLM724 Administrator BondLady’s Corner
Iraq And The UAE Sign The Investment Promotion And Protection Agreement
Political | 03:13 - 10/18/2021 Baghdad - Mawazine News, today, Monday, the Iraqi and Emirati governments signed an agreement to encourage and protect investment. The official media stated, "Iraq today signed an agreement to encourage and protect investment with the UAE at the headquarters of the UAE Ministry of Finance in Abu Dhabi."
He added, "The agreement was signed on the Iraqi side by the head of the Investment Authority, Suha Al-Najjar, and on the Emirati side, the Undersecretary of the Ministry of Finance Younis Haji Al-Khoury."
He stressed, "The signing ceremony was attended by the Ambassador of the Republic of Iraq to the UAE, Muzaffar Mustafa Al-Jubouri," noting that "the agreement can facilitate investment and economic cooperation between the two countries." https://www.mawazin.net/Details.aspx?jimare=171618
Oil Expert: Iraq Will Enter One Billion Dollars Annually If The Price Of Oil Increases By One Dollar
The oil expert, Hamza Al-Jawahiri Energy Economy News – Baghdad The oil expert, Hamza Al-Jawahiri, announced that the increase in the price of a barrel of oil by one dollar will increase the state treasury by one billion dollars annually.
Al-Jawahiri said that the current rise in oil prices is due to the OPEC Plus agreement, which led to a reduction in production and exports, in addition to a rise in gas prices.
He added that the Iraqi state treasury will increase after the increase in oil prices, and that every dollar will contribute to the entry of one billion dollars annually, calling for the money to increase oil prices to go to development funds. Views 477 Date added 10/18/2021 https://economy-news.net/content.php?id=26621
Dollar Exchange Rates In Local Markets
Market Economy News _ Baghdad "Economy News" publishes the exchange rates of the dollar against the Iraqi dinar on a daily basis, according to the variables of the currency exchange market in the local markets.
in Baghdad: The selling price of the dollar is 148,750 per 100 dollars
The purchase price of the dollar is 147,750 per 100 dollars
Views 130 Date added 10/18/2021 https://economy-news.net/content.php?id=26619
Al-Kazemi’s Advisor: Investment Companies Will Provide Services For Residential Lands Within The “Dari” Initiative
Money and business Economy News _ Baghdad The Prime Minister's Adviser for Reconstruction Affairs, Sabah Abdul Latif, announced that he is negotiating with investment companies to provide infrastructure in the areas where residential lands will be distributed within the "Dray" initiative.
Abdul Latif said in an interview with the Iraqi News Agency and followed by "Al-Iqtisad News", that "the Central Bank has increased the capital of the Housing Fund, and this will be reflected in the loans granted to build housing units."
He added, "The second phase of the "Dari" project is for the Ministry of Construction to negotiate with investment companies to provide the service to the sites in which the lands will be distributed," stressing that "the services will be provided by the investing agencies represented in infrastructure and superstructures such as water, electricity, sewage and superstructure, represented by health and school services. and others".
He pointed out that "the investor companies will take part of the lands in return for providing services so that they become serviced areas," stressing that "the Ministry of Construction is now in the process of studying the companies' offers and delegation and choosing the companies that will provide services to the sites."
During its session held on September 22, 2021, the Council of Ministers voted on the mechanism for distributing residential lands according to the Dari initiative, while Minister of Planning Khaled Battal indicated that loans from government banks will be provided to citizens covered by residential lands.
Views 129 Date Added 10/18/2021 https://economy-news.net/content.php?id=26622
Electricity: 87% Of The Completion Rate Of Connecting Iraq To The Electricity Of The Gulf Countries
Ministry of Electricity logo Energy Economy News – Baghdad The Ministry of Electricity announced that it has completed 87% of the electricity connection with the Gulf countries.
A spokesman for the Ministry of Electricity, Ahmed Al-Abadi, said that the Ministry of Electricity has completed 87% of Iraq's electricity connection with the Gulf countries.
He added that so far, there is nothing left but to agree on the tariff and establish a line linking Al-Zour to Al-Faw station inside Iraq. Views 215 Date Added 10/18/2021 https://economy-news.net/content.php?id=26620
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