KTFA

Clare:  Al-Sudani leaves for New York early next week to participate in the UN General Assembly meetings

9/19/2024

Government sources announced that Prime Minister Mohammed Shia al-Sudani will leave for New York early next week to participate in the meetings of the United Nations General Assembly.

The sources stated that al-Sudani will head a high-level government delegation to New York
and will deliver Iraq's speech before the United Nations General Assembly.

Al-Sudani will also meet with world leaders on the sidelines of the United Nations General Assembly meeting.   LINK

Clare: Rafidain Bank announces the activation of the comprehensive banking system in 42 branches

9/20/2024  Baghdad - WAA

Rafidain Bank announced today, Friday, the activation of the comprehensive banking system in 42 of its branches spread across Baghdad and the governorates.

The bank said in a statement received by the Iraqi News Agency (INA), "The comprehensive banking system has been activated in 42 of its branches spread across Baghdad and the governorates  LINK

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Clare:  With the participation of Iraq.. An international conference discusses clean energy transformations and optimal gas investment

9/20/2024  Baghdad - WAA

The Ministry of Oil participated in the "2024 Gastech" exhibition and conference in the US state of Houston, while the conference discussed clean energy transformations and the uses of gas and nitrogen.

The Ministry of Oil stated in a statement received by the Iraqi News Agency (INA), that "the Ministry of Oil participated in the "2024 Gastech" exhibition and conference held in the US state of Houston."

The Undersecretary of the Ministry for Gas Affairs, Izzat Saber, who headed the ministry's participating delegation, said that "the exhibition and conference discussed the transition to clean energy and optimal investment in gas and the uses of gas and nitrogen." 

The Undersecretary met, according to the statement, "delegations of some companies participating in the exhibition, where he visited the Baker Hughes pavilion and the Shell pavilion."

It is noteworthy that the "2024 Gastech" exhibition and conference, which started on September 17 and will continue for four days, was attended by the US Deputy Secretary of State for Energy Affairs and the Ministers of Oil and Energy of Turkey, India, Libya, Mauritania, and international companies, experts and specialists in the field of energy.

The participating ministry delegation included the general managers of the Department of Studies, Planning and Follow-up, the South Gas Company, the North Gas Company, and representatives of the Basra Oil Company and the Government Media and Communication Office. LINK

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Clare:  Chairman of the Investment Authority: More than 100 opportunities are ready for contracting at the "Iraq Investment Forum"

9/20/2024

The National Investment Commission announced the imminent launch of the Iraq Forum 2-3 next November, which represents a positive reflection of the economic arena in Iraq, and expresses the efforts of the Commission and all supporting parties over a full year of diligent work to reach productive economic projects and activate social projects that serve the Iraqi citizen.

The head of the authority, Haider Makiya, said during a joint press conference with the Deputy Director of the Prime Minister's Office and Chairman of the Diwani Order Committee for the Forum, Ali Razouki, and the Chairman of the Iraqi Economic Council and member of the Diwani Order Committee, Ibrahim Al-Masoudi Al-Baghdadi, today, Thursday, that "more than 100 diverse opportunities in important strategic sectors with complete sectoral approvals and ready for contracting will be announced during the forum, and in what is known as the government effort represented by the Prime Minister's Office and the Iraqi Economic Council, in addition to the authority team and all the ministries and governorates supporting this great exceptional effort," calling on owners of capital, companies and investors to be actively present in this major international forum that will give them a wide opportunity to closely view these opportunities and answer all inquiries related to these projects.

For his part, Deputy Director of the Prime Minister's Office and Chairman of the Diwani Order Committee, Ali Razouki, said that "the success in attracting and attracting these companies represents a gain for all the sectoral parties contributing to the completion of these investment portfolios," noting that the forum's activities will coincide with the launch of the 48th Baghdad International Fair, which will allow these companies to attend the forum and learn about the available opportunities."

In turn, the Chairman of the Iraqi Economic Council, Ibrahim Al-Masoudi Al-Baghdadi, a member of the Diwani Order Committee, reviewed the investment opportunities that will be announced during the forum's activities, distributed over 7 sectors, namely (heavy and medium industries, agriculture and animal production, in addition to the tourism, housing, real estate development, energy, transportation and ports, and communications sectors), which he described as strategic opportunities, the first of their kind in Iraq and the region, as they are fully completed and express a real need in those sectors for capital and investing companies.  LINK