More Iraqi News Saturday PM 5-29-21
More Iraqi News Saturday PM 5-29-21
TLM724 Administrator BondLady’s Corner
Hear The Sound Of Missiles Near The Green Zone And Reveal The Details
Time: 05/29/2021 13:13:30 Read: 5,772 times {Umniah: Al Furat News} I heard the sound of rockets being fired near the Green Zone in the capital, Baghdad.
A security source told Al-Furat News that "American forces are conducting training inside the embassy as well as experimental work for the" Si-Aram "system.
Earlier, the US embassy was hit by missile strikes, several times from different areas, which led to civilian casualties in nearby buildings. LINK
Oil Prices Close At A Two-Year Peak
Time: 05/29/2021 08:09:27 Read: 4,121 times {Economic: The Euphrates News} Oil prices ended the week high by more than five percent, with the rise of the global benchmark Brent crude to close at a peak of two years, thanks to strong data for the US economy and expectations of a recovery in global demand, which overshadowed concerns about the increase in Iranian supply once the sanctions were lifted.
Brent rose 17 cents, or 0.2 percent, to determine the settlement price at $ 69.63 a barrel, its highest close since May 2019. US West Texas Intermediate crude increased 53 cents, or 0.79 percent, to close at $ 66.32 a barrel.
"Supported by good economic data and appetite for risk among investors in financial markets, Brent is again targeting $ 70 a barrel, which is psychologically important," said Eugen Weinberg, an analyst at Commerzbank.
"Fears about demand due to the pandemic give way to optimism in light of the rapid return of consumers," he added.
Analysts expect a recovery in global oil demand to close to 100 million barrels per day in the third quarter of the year thanks to the summer trips season in Europe and the United States, following large-scale vaccination programs against Covid-19. "Demand for gasoline is exceeding 2019 levels in many regions," ANZ analysts said. LINK
United Nations: We Worked With More Than 300 Non-Governmental Organizations In Iraq
Time: 05/29/2021 11:13:49 Read: 1,807 time {Politics: Al Furat News} The United Nations announced, on Saturday, that it has worked with more than 300 non-governmental organizations in Iraq.
The representative of the United Nations at the fourth conference of civil society organizations that was held in Baghdad, Irina Solarana, said, "The United Nations has established relations with civil society organizations to help provide services," stressing that "it has worked with more than 300 non-governmental organizations in Iraq."
Irina Solarana confirmed, "The United Nations re-established its humanitarian presence in Iraq in 2014," noting that "one of our goals is to enhance the capabilities of civil society organizations in Iraq to achieve their approach."
On the issue of the displaced, "the representative of the United Nations expressed her aspiration to continue constructive cooperation with the Iraqi government to help end the issue of displacement and the return of the displaced," stressing "the need to develop permanent solutions to the problem of displacement and communication between the United Nations and civil organizations so that the day will come when there is no need for nations." The United States in Iraq, and for the Iraqis to do their part to live in peace, prosperity and security. " LINK
The Iraq Stock Exchange Is Trading Shares Worth More Than 67 Billion Dinars A Week
Time: 05/29/2021 14:11:08 Read: 1,417 times {Economic: Al Furat News} The Iraqi Stock Exchange revealed, today, Saturday, the circulation of 66 billion shares with a financial value that exceeded 67 billion dinars during the past week.
The market report indicated that "the number of companies whose shares were traded during the past week amounted to 52 joint-stock companies, while the shares of 32 companies were not traded because the prices of purchase orders did not coincide with sales orders, with 19 companies continuing to stop for failure to provide disclosure, out of 103 companies listed in the market." ".
He mentioned that "the number of traded shares reached 66 billion and 683 million and 358 thousand shares, down 1.5%, with a financial value of 67 billion, 414 million and 659 thousand dinars, down 0.12%, compared to the last session, through the implementation of 2609 transactions."
He pointed out that "the ISX60 traded price index closed at 579.27 points, a decrease of 1.3% from its previous close."
The market continued, "The number of shares purchased from non-Iraqi investors last week amounted to 361 million shares, with a financial value of 942 million dinars through the implementation of 363 transactions, while the number of shares sold from non-Iraqi investors reached 1.279 billion shares, with a financial value of one billion dinars through the implementation of 86. Deal".
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions per week from Sunday to Thursday, and 103 Iraqi joint stock companies are listed in it, representing the sectors of banking, communications, industry, agriculture, insurance, financial investment, tourism and hotels. LINK
Al-Kazemi Confirms That The Government Is Seeking To Make Iraq An Attractive Factor By Taking Into Consideration The Investment Environment
Time: 05/29/2021 16:18:40 Read: 1,131 times {Politics: Al Furat News} Prime Minister Mustafa Al-Kazemi stressed, on Saturday, that the government is seeking to make Iraq an attractive factor by improving the investment environment.
"The latter received the German ambassador to Iraq, Ole Diel, on the occasion of the end of his duties."
During the meeting, Al-Kazemi stressed, "Iraq looks forward to more constructive cooperation with the Federal Republic of Germany and the rest of the European Union, in the interest of the Iraqi people, the people and the German, and praised the ambassador's efforts during his tenure in Iraq."
Al-Kazemi welcomed "the continuation of bilateral relations between Baghdad and Berlin in various economic, political and cultural fields, especially the work of German companies and investment in Iraq."
For his part, Ambassador Diel conveyed, "The German government looks forward to developing relations with Iraq in a way that serves common interests," again, "his government's approach in support of Iraq in the face of current challenges, the most important of which is economic reform and the war on terror." LINK
Agreement With The United Nations To Simplify Customs Procedures
Saturday May 29, 2021 53 Baghdad: Morning The Minister of Finance, Ali Abdul Amir Allawi, signed with the United Nations Conference on Trade and Development UNCTAD a document on the automation and modernization of the General Authority for Customs. Allawi said during the signing ceremony, according to a ministry statement received by "Al-Sabah"
"Our country needs to improve public administration standards in all state departments," adding that "the Ministry of Finance is committed to providing best international practices in all its units," stressing, "We are implementing an important program with the United Nations to upgrade financial management systems."
"This step is one of many steps in the process of reform and development that must be implemented," he added.
Allawi stressed that »the ministry is determined to implement the electronic customs data system (ASYCUDA) in the General Authority of Customs, which was provided free of charge with the fruit of the efforts of continuous meetings and meetings with the Conference of Nations United ».
The statement stated that {the efforts resulted in the adoption by a team of United Nations experts of the process of installing the system and training the cadres of the customs authority, which has been approved in more than 80 countries to contribute to simplifying procedures. Customs ».
He emphasized, “The measure will contribute to developing customs departments and improving their performance, which in turn achieves effective management, as well as achieving financial sustainability and diversifying the economy in accordance with the principles of integrity, transparency and combating
Corruption, ”indicating that“ the ministry seeks to transform customs departments into important sources to support the state treasury, after revenues Oil ».
He pointed out that {this system will work on documenting and exchanging customs information between countries and combating customs smuggling, as well as unifying documents and data among state institutions. »Indicating that {the Ministry of Finance seeks to achieve the goals of the White Paper by initiating a radical reform program to address the deficit.
In the budget to provide the time and financial spaces to implement reform plans to put the economy and the budget on a sustainable path, after which Iraq can decide and choose the final economic direction. Thus, immediate reforms and reforms are needed in the medium term between 3 to 5 years. To apply them ».
The statement noted that "the white paper for economic reform enjoys the support of the international community for its reform process and the advancement of economic reality." LINK
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