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More Iraqi News Saturday PM 9-4-21

More Iraqi News Saturday PM 9-4-21

TLM724 Administrator BondLady’s Corner

Iraq Receives An Invitation To Attend The Conference Of States Parties To The United Nations Convention Against Corruption

Political  | 02:44 - 04/09/2021   Baghdad - Mawazine News, Saturday, Iraq received an invitation to attend the conference of the states parties to the United Nations Convention against Corruption, scheduled to be held in Sharm el-Sheikh.

A statement of the Ministry of Foreign Affairs, a copy of which was received by Mawazine News, stated that its Minister, Fouad Hussein, met with the Deputy Secretary-General of the United Nations and Executive Director of the United Nations Office on Drugs and Crime (UNODC) Ghada Wali, and the two sides discussed the latest regional and international developments, especially what is related to Including the office’s work in cases of illegal immigration, human trafficking, prison conditions, programs for rehabilitation, combating drugs in terms of mitigating supply and demand, treating addiction phenomena, and treating addicts, especially in light of the changes taking place in the Middle East and their impact on the immigration and drug files.

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The statement added, "The two sides discussed the files of corruption and terrorism and the urgent need for a long-term plan related to the implementation of economic reforms that contribute to the transition of the Iraqi economy to modern automation to detect corruption and prevent money laundering and terrorist financing, as well as the process of recovering smuggled Iraqi funds abroad and government efforts."

 Which flows in this framework, as well as cooperation between Iraq and the (STAR) initiative to recover the looted funds, and cooperation with the German company Siemens in combating corruption between the public and private sectors.

He continued, "The meeting, during which there was talk about the implementation of the Container Control Program (CCP) and the possibility that it would allow for Iraq in the event of signing a memorandum of understanding within the framework of organizing the work of border crossings with the help of the United Nations, as well as assisting government agencies in obtaining drug detection devices."

He continued by saying: "At the end of the meeting, the minister commended the office's work and activities in Iraq and offered to provide all possible assistance to facilitate the office's work in implementing the programs designated for Iraq. He also extended his invitation to Mrs. Wali to visit Baghdad at the earliest opportunity."

For her part, Ghada Wali thanked "the minister for the visit and invited him to attend the conference of the states parties to the United Nations Convention against Corruption, which will be held in Sharm el-Sheikh, because of its positive impact on helping Iraq in combating corruption and recovering funds." Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=166151

After Hurricane Ida .. A Slight Decrease In Oil Prices

Saturday 04 September 2021 13:22 | Economic Number of readings: 268   Baghdad / NINA / - Oil prices fell slightly during the past week, after American supplies were affected by Hurricane Ida, which reduced production from the Gulf of Mexico region, and the “OPEC +” agreement to raise production by 400,000 barrels in next October, to bring Basra crude down by 0.32% In a week.

Basra crude fell in its last session before closing on Friday $0.53, a change of 0.72%, to reach $72.72, and fell by 0.32% in a week.   Brent crude fell 0.12% during the week, to close at $72.61 a barrel.

The US West Texas Intermediate crude was settled down by 0.70% to reach $69.29 per barrel

https://ninanews.com/Website/News/Details?key=925363

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Iraq Signs A Huge Oil Contract With France

Posted On 2021-09-04 By Sotaliraq  Iraq signs a huge contract with France in the field of oil - urgent

French President Emmanuel Macron's visit to Iraq and his close relationship with Iraqi Prime Minister Mustafa Al-Kazemi began to bear fruit on the bilateral level, with Total Energy signing a contract with the Iraqi government with an investment of about $ 5 billion next Sunday in the presence of Al-Kazemi himself and the Ministers of Finance Ali Abdul Amir Allawi and Oil Ihsan Ismail

The President of Total Energy, Patrick Boyani, will sign an investment contract with the Iraqi Minister of Oil in the Ratawi field in the Basra governorate, where the French company will increase the production of the oil field from 60,000 barrels per day to 200,000 barrels per day, and the production of associated gas from three oil fields, from Including Majnoon, West Qarna 2, seawater pumping, and a 1,000 megawatt solar energy project.

Total is currently working in a small Iraqi field, Halfaya, in which it has a 22% share of the investment, along with the Chinese company PetroChina. It is worth noting that Total had signed the initial agreement with the Iraqi government in March. Total has a small production in Kurdistan.

The importance of this contract, which began to be negotiated in March, is that it returns Total to Iraq strongly, while the American and British companies are leaving it for reasons related to security and the conditions provided by the Iraqi government for these contracts.

The other importance is that this contract leads to Iraq's independence from importing Iranian gas, which has previously witnessed a significant decrease in its supplies, on the pretext that Baghdad has not paid its debts to Iran. As a result of this reduction in Iranian gas supplies to Iraq, the country lost a large part of its electric power.

It is remarkable that Total appointed a young French-Iraqi, Donia Shalaby, to manage Total in Iraq, and she made a significant contribution to working towards this contract. Boyani was in Baghdad during Macron's visit to Iraq. LINK

Ministry Of Planning: 2.7 Million Employees Registered On The Job Number Platform

Spokesperson for the Ministry of Planning, Abdul-Zahra Al-Hindawi, "Al-Iqtisad News"

Money   and business  Economy News – Baghdad  The Ministry of Planning announced, on Saturday, the number of employees registered on the job number platform, and while it identified the platform’s functions and importance, it confirmed that its management’s link with the ministry will be temporary.

A spokesman for the Ministry of Planning, Abdul-Zahra Al-Hindawi, said that "the number of employees registered on the job number platform exceeded two million and 700 thousand employees," stressing that "work is still continuing, and there are ongoing meetings by the Diwaniyah Order Committee 55 headed by the head of the Central Statistics Authority and under the supervision of The Minister of Planning," according to "Ana"

Al-Hindawi added that "the committee's work continues until the completion of this platform, in which the data of all Iraqi state employees will be entered," noting that "there is good coordination with the Ministry of Interior in the context of completing the biometric information or data for Iraqi state employees by relying on the existing database. In the Ministry of Interior related to the unified national card project.

He pointed out that "the current trend is towards enumerating state employees who do not have a unified national card and issuing it to them in order to complete all their biometric database, which will be linked to the job number platform project."

He explained that "the importance of this project relates to several aspects, including determining the operational financial expenditure paths for Iraqi state employees after the ministry has accurate and complete numbers of state employees," noting that "the project will paint a clear picture of the functional body in the Iraqi government and the need for competencies and knowledge of locations. The scarcity and abundance in these specializations, in addition to giving a picture of the existing numbers.

He stressed that "the platform will be very important and salaries will be linked to it after its completion," noting that "the platform's connection to the Ministry of Planning is temporary, and it will be managed after it is completed in the future by the Federal Service Council, the General Secretariat of the Council of Ministers, or any other related party."  Views 58 Date Added 09/04/2021   https://economy-news.net/content.php?id=26186

 

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