Some “Iraq News” Posted by Clare at KTFA 2-14-2025
KTFA
Clare: Source: Loans and advances have been suspended in banks since the beginning of the year.. and the reasons are revealed
2/14/2025
An informed source reported that Iraqi banks have not issued any loans or advances since the beginning of this year until now.
The source told Al Furat News Agency that "the reason behind this halt is the lack of financial liquidity and the required allocations."
He pointed out that it is also likely that "the suspension will be to await the approval of the new controls and conditions by the Central Bank of Iraq and other relevant authorities, in preparation for their launch. LINK
Clare: Al-Sudani Heads to Germany to Participate in the 61st Munich Security Conference
2/13/2025 Baghdad-
Prime Minister Mohammed S. Al-Sudani Headed to Germany to Participate in the 61st Munich Security Conference following the conclusion of his official visit to the Czech capital, Prague, which included the following:
Holding extensive discussions with the Prime Minister of the Czech Republic.
Meeting with the President of the Czech Republic.
Meeting with the Speaker of the Czech Parliament.
Overseeing the signing ceremony of the air transport agreement between the Iraqi and Czech civil aviation authorities.
Overseeing the signing of five memoranda of understanding:
A memorandum of understanding between the Iraqi Ministry of Oil and the Czech Ministry of Industry and Trade.
A draft memorandum of understanding between the Ministries of Interior of Iraq and the Czech Republic.
A cooperation memorandum between the Iraqi and Czech Federations of Industries.
A cooperation memorandum between the Iraqi and Czech Chambers of Commerce.
A letter of intent with the Iraqi Ministry of Environment.
Attending a meeting of the Chamber of Commerce and the Federations of Industries in Iraq and the Czech Republic.
Meeting with members of the Iraqi community in the Czech Republic.
Receiving a representative from Aero Vodochody, a company specializing in aircraft manufacturing.
Receiving a representative from UNIS, a company specializing in oil and gas production and petrochemical industries. LINK
************
Clare: Al-Sudani receives a delegation from Klass Company in Munich
2/14/2025 Baghdad /
Prime Minister Mohammed Shia Al-Sudani received today, Friday, a delegation from Klas Company, which specializes in agricultural equipment, on the sidelines of his participation in the 61st Munich Security Conference.
Al-Sudani praised the work of the company, which has proven its success in Iraq and gained the trust of Iraqi farmers for its strength, pointing out that there is a popular market in Iraq for agricultural equipment, including equipment manufactured by Klas Company, in addition to the importance of cooperation and partnership with the General Company for Agricultural Equipment, and building a production line in Iraq.
Al-Sudani stressed that the government program has allocated a large space to support the agricultural sector, due to its connection to food security, and its contribution to strengthening and diversifying the economy, pointing out that Iraq exports large quantities of local wheat, after successful seasons of cultivation and continuous government support for farmers.
For his part, the delegation reviewed the work of the company, which has been present in Iraq for decades, and the desire to establish a real partnership, and the company's readiness to build a training center to develop Iraqi capabilities, as well as build a center to provide service for maintenance work of equipment and machines.LINK
Clare: Iraq wins the position of Vice President of the Middle East Committee of UNTO
2/12/2025 Baghdad -
Iraq achieved a remarkable achievement today, Wednesday, by winning the position of Vice President of the Middle East Committee of the United Nations Tourism Organization.
The correspondent of the Iraqi News Agency (INA) reported: "Iraq participated in the fifty-first meeting of the Regional Committee for the Middle East of the United Nations Tourism Organization, in the presence of a number of Arab tourism ministers and tourism sector officials in member states."
He added, "Iraq achieved a remarkable achievement by winning the position of Vice President of the Middle East Committee, in a step that reflects the progress witnessed by the Iraqi tourism sector and its growing role at the regional and international levels."
He continued, "The Iraqi delegation, headed by Nasser Murad Ghanem, Chairman of the Tourism Authority, and including Jabbar Manloon Al-Gharibawi, Director General of the Department of Tourism Facilities, and Ali Yassin, Director of the International Relations Department, held intensive meetings with their counterparts from Arab countries to enhance joint cooperation in the tourism field, and presented souvenirs to the participants, including copies of the blog "Baghdad, the Capital of Arab Tourism for the year 2025", the Baghdad Tourist Guide, and carpets decorated with pictures of Iraqi historical and archaeological sites, in addition to medals bearing the logo of Baghdad, the Capital of Arab Culture and Tourism."
He continued, "This achievement is an important step to enhance Iraq's position on the regional and international tourism map, especially with its preparations to host the events of "Baghdad, the Capital of Arab Tourism for the year 2025", which represents a great opportunity to highlight Iraq's rich cultural and historical heritage." LINK
************
Clare: Minister of Electricity discusses station maintenance with General Electric in preparation for summer
2/14/2025
Minister of Electricity Ziad Ali Fadel held a meeting with officials from the American company General Electric, to discuss the progress of maintenance work on the power stations according to the long-term maintenance contract between the two parties.
The Minister's media office explained in a statement received by {Euphrates News}, that "the contract includes periodic maintenance for about 14 power stations in various Iraqi governorates, in addition to providing original spare parts for consumed equipment, which contributes to ensuring the continuity of the stations' operation with high efficiency."
The Minister stressed "the need to accelerate the completion of maintenance work according to the specified timetables, in preparation for the peak demand season for electricity during the summer."
These meetings come as part of the Minister's continuous follow-up of plans to develop the electricity sector and ensure the readiness of stations to meet citizens' needs for electrical energy. LINK
