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 Iraqi News Wednesday AM 7-14-21

 Iraqi News Wednesday AM 7-14-21

TLM724 Administrator BondLady’s Corner

Parliamentary Finance Committee: The government’s challenge to the budget law will not stop its implementation

Wednesday 14 July 2021 08:59 | Economic Number of readings: 468   Baghdad / NINA / - The Parliamentary Finance Committee confirmed that the government's challenge to the budget law will not stop its implementation.

Member of the Committee, Representative Ahmed Hama Rashid, said in a statement to the National Iraqi News Agency ( NINA ): In the event that the judiciary decides on the paragraphs that were challenged by the government, those paragraphs will be canceled from the budget and replaced by the paragraphs sent by the government, and it will not need a new vote. In Parliament.

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” He explained that the government did not submit an appeal against the paragraph of canceling employee and retired deductions or imposing the tax, pointing out that the government submitted the appeal with ten paragraphs related to six articles of the budget law, pointing out that among the paragraphs that were challenged, related to governorate projects, and a paragraph Others related to farmers, the authority of the Minister of Finance, and licensing rounds    https://ninanews.com/Website/News/Details?key=915570

Parliament Adjourns Its Session Until Further Notice

Political  | 04:13 - 14/07/2021   Baghdad - Mawazine News,the House of Representatives adjourned, on Wednesday, its session to further notice, after it resumed for a few minutes.

A parliamentary source stated that today's session, which was held under the chairmanship of the Second Deputy Speaker of the Council, Bashir Haddad, was postponed to further notice.

Parliament Speaker Muhammad al-Halbousi had set yesterday, 1:00 p.m., today, Wednesday, the date for the resumption of the session, which was kept open after discussing the events of Al-Hussein Hospital in Dhi Qar. Ended 29/R77    https://www.mawazin.net/Details.aspx?jimare=160560

The Rise In The Price Of The Dollar Against The Iraqi Dinar In The Local Market Today

Economie| 09:58 - 07/14/2021   Baghdad - Mawazine News  publishes / Mawazine News /, the exchange rates of the US dollar against the Iraqi dinar today, Wednesday (July 14, 2021).

Baghdad  Stock Exchange   147,850  .... The price in most of Baghdad exchanges   Buy  147,250    Sell  148,250 Basra – Stock Exchange 148,100   Mosul – Bursa  147,850   Erbil – Bursa  147,700

https://www.mawazin.net/Details.aspx?jimare=160489

Parliamentary move to interrogate Al-Kazemi and dismiss his government

Political     Wednesday 14 July 2021 | 11:41 am| Number of readings: 106  On Wednesday, Asa'ib Ahl al-Haq movement, led by Qais Khazali, revealed a movement and collection of signatures to interrogate Iraqi Prime Minister Mustafa Al-Kazemi and dismiss his government in the upcoming sessions of the House of Representatives .

A member of the Asa'ib political bureau, Saad Al-Saadi, said, "Sheikh Qais Al-Khazali spoke about what happened in Nasiriyah and the incidents that preceded it, and it was a clear call for the national political blocs that are keen on the security and safety of the Iraqi people ."

He added, "Khazali's call to collect signatures and interrogate Prime Minister Mustafa Al-Kazemi and his government in Parliament because of its failure in all security, economic, services and health fronts ."

And Al-Saadi continued, "There is a parliamentary movement from Sadiqun and Al-Fateh on other political blocs to collect signatures and interrogate Al-Kazemi in Parliament in the upcoming sessions," noting that "a government that cannot offer a loaf of bread to the citizen has no good in it, and it is better for it to leave before being dismissed by Parliament." .   https://aynaliraqnews.com/index.php?aa=news&id22=149712

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Iraq Is Fifth Among The Countries Of The Middle East By The Value Of Contracts Awarded

Economy  Wednesday 14 July 2021 | 12:41 PM| Number of readings: 99  On Wednesday, "Med" magazine, concerned with economic affairs, revealed that Iraq came fifth in the value of contracts awarded in the Middle East in June 2021 .

The magazine said in its report, "Iraq ranked fifth in the value of contracts awarded last June," noting that "it was awarded contracts worth $367 million, most of which were in the energy sector ."

Mead added, "Iran came first with a value of contracts awarded at $1.190 billion, followed by Saudi Arabia second with a value of $1.170 billion, and Egypt came third with contracts worth 722 million, followed by Qatar fourth with contracts amounting to $560 million ."

In its report, MEED indicated that "Amman awarded contracts worth $350 million in June, Kuwait awarded contracts worth $327 million, and Bahrain awarded contracts worth $34 million ."

Med Projects is a premier database for tracking projects in the Middle East and provides in-depth analysis in the form of excellent informational reports on the high-value markets and sectors in the Middle East and North Africa.    https://aynaliraqnews.com/index.php?aa=news&id22=149717

Oil Announces The Transfer Of The Large Al-Faw Investment Refinery To A Chinese Company

Oil refinery worker   Energy   Economy News – Baghdad   The Ministry of Oil announced the transfer of the large Al-Faw investment refinery to the Chinese company CNCEC, with a capacity of 300,000 barrels per day.

A statement by the ministry, yesterday, Tuesday, and reviewed by "Economy News", stated that "in the presence and patronage of the Minister of Oil, Ihsan Abdul-Jabbar Ismail, it was announced the transfer of the large Al-Faw investment refinery with a capacity of 300,000 barrels per day with the construction of the strategic Al-Faw petrochemical complex to the Chinese state-owned CNCEC." .

Oil Minister Ihsan Abdul-Jabbar Ismail said that "this project is the largest investment project in the oil industry, and a quantum leap in the refining and petrochemical industries."

Views 328 Date Added 07/14/2021   https://economy-news.net/content.php?id=25700

Oil Prices Are Dropping Globally

Wednesday 14 July 2021 09:45 | Economic Number of readings: 295  Baghdad / NINA / - Oil prices fell this morning, Wednesday, due to concerns about future demand after data showed that China's imports of crude oil in the first half of the year declined and amid concerns about supplies as the world recovered from the Corona virus.  Brent crude was down 20 cents, or 0.19 percent, at $76.31 a barrel, after rising 1.8 percent on Tuesday.

West Texas Intermediate was down 23 cents, or 0.32%, at $75.02 a barrel, after jumping 1.6% in the previous session.    https://ninanews.com/Website/News/Details?key=915574

 

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