KTFA:

Edna:  This  article I find very encouraging, The Saudi's don't play games and have little tolerance "postponement and delay tactics" if your not ready to do business they don't stick around. The fact that they seem to be moving forward with investment projects (according to this article anyway) again I find encouraging. Let's hope Iraq doesn't find a way to screw it up.IMO  

Petra:  Correct Edna.  Looks like they may get the first dance card with the queen of the Ball!

Samson:  Saudi companies prepare to launch giant investments soon in Iraq

05/13/2021 12:03:38

 Saudi businessmen revealed that Saudi companies are close to launching giant investments soon in Iraq in the fields of manufacturing industries, noting that there are promising opportunities for Saudi products of building materials and food in the Iraqi market.

 The businessmen explained in a press statement that "some Saudi companies specialized in raising livestock and cows have presented to the Iraqi government the idea of ​​investing 4 million dunums in the Western Desert located between Anbar Governorate, passing through the cities of Karbala and Najaf, to the Samawah desert, with a contract extending for more than 50 years to cultivate." agricultural and cattle breeding crops.

For his part, Mohammed predicted leader Vice Chamber of Commerce and industry Chairman of Riyadh, to witness the Saudi - Iraqi relations prospects welcome, especially in the field of economic, commercial and investment cooperation, pointing out that the visit of Prince Khalid bin Salman , deputy Minister of Defense, Iraq, come under Continuous integration, communication and coordination between the two countries, pointing out that it is a visit that supports closer relations at all levels, including economic ones.

The guide added that "the opportunities for integration between the Kingdom and Iraq are great." Other areas that we will soon see their fruits ... The Iraqi market is large and Saudi products are well received in it."

For his part, Abdullah Al-Melehi, President of {Tamayouz} said: "There are promising opportunities for Saudi products in the Iraqi market, as the Iraqi market is one of the great opportunities for Saudi products. The Saudi exports program to open new markets for manufacturers in the Kingdom, in addition to supporting the Kingdom’s government and the leadership’s keenness to build relationships in various fields. Al-Melehi added: “The Iraqi market is promising and there are many export opportunities that national companies can benefit from,” adding that “the volume of Saudi non-oil exports to the Republic of Iraq amounted to 2.6 billion riyals ($ 693.3 million) during the past year 2020, while topping the list of the most prominent sectors. The exported building materials activity amounted to 859 million riyals (229 million dollars), and the foodstuff activity with a value of 790 million riyals (210.6 million dollars)."

Al-Melehi pointed out that "there is a tendency to offer investments in the field of oil and gas to Saudi companies, indicating that discussions are underway with the concerned authorities to clarify investment opportunities, as investors are always looking for specific opportunities or privileges to bring them to the market, especially after the Saudi Export Bank announced granting investors financing in this field." Exports are a factor that attracts investors, "noting that" both Saudi Arabia and the UAE have allocated more than 6 billion dollars to invest in Iraqi lands, strengthen economic relations and create new opportunities for cooperation and partnership."

Al-Melehi explained that "there are Saudi investment projects currently in the Iraqi cities of (Anah) and (Al-Qaim)," indicating that "there are investments that Saudi companies will soon launch in Iraq in the fields of manufacturing, agriculture and various projects, while Saudi investment companies offered specializing in livestock breeding and cows on the Iraqi government 's idea to invest 4 million acres in located between the Anbar province , passing through the cities of Karbala, Western Sahara and Najaf access to the desert of Samawah, a contract extends to more than 50 years for the cultivation of agricultural crops and cattle breeding.

He Malihi: "among the investments The Emirati and Saudi companies will implement them by producing some domestic industries in Iraq, as joint factories between Iraq and these two countries will be implemented ... Also one of the most important investment projects is the interest in electric power projects from Saudi Arabia and the United States.  LINK

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Samson:  Cabinet Secretariat: The Eid holiday begins Thursday and ends next Sunday

12th May, 2021

The General Secretariat of the Council of Ministers set today, Wednesday, the days of the blessed Eid Al-Fitr holiday.

The secretariat said in a statement that Mawazine News received, a copy of it, “The blessed Eid al-Fitr holiday begins on Thursday May 13, 2021 and ends on Sunday May 16, 2021, provided that the procedures for imposing a comprehensive curfew continue. Approved by the Council of Ministers, up to 22/5/2021.   LINK

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Courtesy of Dinar Guru

Petra  Article:  "The government will provide all conditions for the success of investment in Iraq"  What does that mean?  In order to have success with investment you have to have a tradable currency.  You've got to have mechanisms by which that currency can be tracked and traded internationally. i.e. BUNA.  We have the Prime Minister himself coming out and saying ALL CONDITIONS for the success of investment in Iraq.  That IMO was a huge statement...

TNT:

Humor While We Wait:

Teaspot:  This is a great way to start your afternoon, or a great way to stop and say...... well, it can't get much worse than these jokes

The CEO of IKEA was elected Prime Minister in Sweden. He should have his cabinet together by the end of the weekend.

What is a chicken racing driver's favourite part of the car?~~~~~~~~~~~~~~The Eggs-celerator.

The question isn't at what age I want to retire, it's at what income.

TRUE FRIENDSHIP: Walking into a persons house and your wifi connects automatically.

Sorry I just saw your text from last night, are you guys still at the restaurant.

I'm changing my name to 'Benefits' on Facebook. Next time someone adds me, It will say "you are now friends with Benefits."

That awkward moment when you leave a store without buying anything and all you can think is "act natural, you're innocent".

I live in constant fear that my kid will become a famous artist or painter and I will have thrown out about a trillion dollars of her work.

College is the opposite of kidnapping. They demand $100,000 from you or they'll send your kid back

To this day, the boy that used to bully me at school still takes my lunch money. On the plus side, he makes great Subway sandwiches.

Why don't the enemies of the Teenage Mutant Ninja Turtles just flip them on their backs?

I hate insects puns, they really bug me.

The reason a dog has so many friends is that he wags his tail instead of his tongue.

Took my dog to a bonfire and as he sat there staring at it blankly I realized he loves sticks. I was burning a giant pile of his toys

I have never understood why women love cats. Cats are independent, they don't listen, they don't come in when you call, they like to stay out all night, and when they're home they like to be left alone and sleep. In other words, every quality that women hate in a man, they love in a cat.

A courtroom artist was arrested today for an unknown reason... details are sketchy.

CajunBella:  My husband purchased a world map.....gave me a dart and said "throw this and wherever it lands I'm taking you foe a holiday". Turns out we're spending two weeks behind the fridge!!!!!!!!!!!!!!