Iraqi News Sunday AM 5-16-21

Iraqi News Sunday AM 5-16-21

TLM724 Administrator BondLady’s Corner

India Is Moving Away From Saudi Arabia In Importing Oil And Is Getting Closer To Iraq

Economy  Sunday May 16, 2021 | 10:41 a.m.| Views: 67  India's imports of Saudi oil have decreased significantly, while Iraq has the lion’s share of India’s oil imports, despite the recent reduction of its oil imports in general as a result of the repercussions of the Corona epidemic, as it decreased in February by 18.3% on an annual basis to 15.24 million tons (106 million and 860). Thousand barrels), the largest annual decline since October 2020 .

India also decided to diversify its sources of oil after it accused OPEC of raising oil prices as a result of the cuts it had made recently, so that the Saudi Energy Minister responded by using the stored oil it had bought at low prices during the low prices beginning of last year 2020 .

As a result; The Indian Ministry of Oil has urged local refiners to diversify their crude resources and reduce dependence on the Middle East, which has reduced dependence on the Middle East from 64% of imports in 2016 to 60% in 2019 .

As a result, India's oil imports from Saudi Arabia decreased by 42% during the month of February to 445,200 thousand barrels per day, while the share of the United States increased to 545,300 thousand barrels per day, making it the second largest oil exporter to the country after Iraq, which was able to ship 867,500 thousand barrels per day. .   https://aynaliraqnews.com/index.php?aa=news&id22=147502

Iraq” Is The Seventh In The Arab World And 62nd In The World In Terms Of Cultural Heritage Impact

Sunday, May 16, 2021 10:39 AM  Follow-up / National News Center  CEOWORLD Magazine 2021 published a report that included a ranking of the world's countries in terms of cultural heritage impact during the year 2021.

According to the report, Italy ranked first with the best countries in the world with a score of 95.99% in terms of cultural heritage impact, while Greece and Spain ranked second and third with a score of 95.61 and 95.23, respectively.

The 2021 rankings placed India in fourth place, ahead of Thailand, while Portugal came sixth, and Japan seventh.

In the Arab world, according to the magazine, Egypt ranked first, with a score of 92.33 percent, the Emirates second with a score of 89.45 percent, Saudi Arabia third with 88.49 percent, Morocco fourth with a score of 88.49 percent, Tunisia came fifth, then Algeria sixth, and Iraq ranked seventh in the Arab world, and ranked 62 in the world, with a score of 87.57 percent.

CEOWORLD magazine identified the best countries in the world in terms of cultural heritage impact, by measuring their global impact on 9 country characteristics: architecture, artistic heritage, fashion, food, music, literature, history, cultural monuments, and cultural reach. Instead of economic, political, or military power, it is the cultural heritage of these countries that most influences the wider world.

She noted that “progress and economic outlook make the nation profound. Internationally, it is the heritage that acts as a major advantage in its own right. A country's heritage is a remnant of its glorious culture, historical struggles, and plays a major role in attracting tourists from all over the world. https://nnciraq.com/65107/

Transportation: The Faw Port Project Will Provide 15,000 Job Opportunities

Money  and business  Economy News _ Baghdad  The Ministry of Transport, the General Company for Iraqi Ports, confirmed, on Sunday, that the projects included in the Faw Grand Port project will provide between (10-15) thousand job opportunities for the unemployed.

The spokesman for the ministry, Hussein al-Khafaji, said in an interview with the Iraqi News Agency, which was followed by Al-Iqtisad News, that "the large port of Al-Faw will soon open the doors of employment for thousands of unemployed, as it is one of the large and giant projects and will provide between 10 and 15 thousand job opportunities."

Al-Khafaji added, "A unit has been formed to follow up on the local employment of the Project Authority, which is concerned with supervising the mechanism for employing workers."

Earlier, the General Company for Ports of Iraq, one of the formations of the Ministry of Transport, revealed the possibility of providing more than (700) new job opportunities by the Korean company Daewoo if the financial allocations for the Faw Port project were launched as a first stage.

Number of observations 221 Date of addition 05/16/2021  https://economy-news.net/content.php?id=25078

Al-Rafidain Announces That All Its Branches Will Continue To Provide Services During The Holidays

 Rafidain Bank logo  Banks  Economy News – Baghdad Al-Rafidain Bank announced, on Sunday, that its branches are open during holidays and events to pay the dues of private outlets and receive the sums of petroleum products.

The media office of the bank said in a statement seen by "Al-Eqtisad News", that "the branches of Al-Rafidain Bank designated to pay the dues of the owners of private outlets and receive sums of petroleum products are open on weekdays, holidays and events."

He added that "the bank continues to provide its services without interruption or interruption to all segments of society."    Number of observations: 166, date of addendum, 05/16/2021

https://economy-news.net/content.php?id=25080

Find Out About The Exchange Rates Of The Dollar For Today

Market  Economy Nebouz – Baghdad  Al-Eqtisadiah News publishes the exchange rates of the dollar against the dinar in local markets on Sunday.  The price of the dollar against the Iraqi dinar:

The sale price of the dollar is 148,500   The purchase price of the dollar is 147,500

Number of observations 132 Date of addendum 05/16/2021

https://economy-news.net/content.php?id=25079

The Regional President Calls For Resolving All Problems And Disputes By Peaceful Means

Time: 05/16/2021 11:37:14 Read: 2,236 times   {Politics: Al-Furat News} called on the President of the Kurdistan region, Nechirvan Barzani, to solve all problems and disputes by peaceful means.

Barzani said in a tweet on Twitter: "On the International Day of Peaceful Coexistence, we affirm our support for coexistence and peace throughout the world. We demand that all problems and disputes be resolved by peaceful means."   "We are working to keep Kurdistan an eternal home of coexistence, harmony and peace," he added.    LINK

Parliamentary Security Reveals The Intention Of Iraq To Contract To Purchase A Modern Air Defense System

Time: 05/16/2021 14:12:34 Read: 2,210 times   {Local: Al Furat News} The Parliamentary Security and Defense Committee revealed that the government is seeking to equip a modern air defense system.

"The Ministry of Defense has a number of military contracts with Russian and foreign companies to consolidate the Iraqi air defense system," a member of the Parliamentary Security and Defense Committee, Ziyad Al-Janabi, said in a statement to the Euphrates News Agency.

He added, "We fully support him and will continue to intensively arm the security forces."

The Deputy Chairman of the Parliamentary Security and Defense Committee, Nayef Al-Shammari, revealed earlier that "the financial budget for 2021 included allocations to provide the armed forces with modern equipment to keep pace with the development in the armies of the world, and that the committee held several meetings with the Minister of Defense and the commander of air defense in this regard," indicating During the next few months, the government will contract with important companies to provide Iraq with a modern air defense system. "

He pointed out that "the contract is under the exclusive jurisdiction of the Ministry of Defense, and through the Department of Equipping and Armament in the Ministry, and we will monitor all the contracts that it will enter into."

The American "Wall Street Journal" had previously reported, citing Iraqi parliamentarians, that the Iraqi government was considering moving forward with discussing the purchase of Russian "S-400" air defense systems, but the US State Department announced that it might impose sanctions on it if it decided to purchase the systems. Russian.   LINK

 

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