KTFA:

Samson:  Venezuela is introducing a six-zip banknote, worth less than a dollar

11:00 - 06/03/2021

The Venezuelan Central Bank announced that three new banknotes will be traded in the country as of March 8, in denominations of 200,000, 500,000 and one million bolivars.

Venezuela is experiencing a severe social and economic crisis in recent years, in addition to high inflation, the devaluation of the national currency, and a shortage of basic commodities. The US dollar has now reached 1.89 million bolivars.

According to the United Nations, about 4.5 million people have left the country due to the deteriorating

economic and social conditions, nearly 80% of them to neighboring countries. And the inflation rate in Venezuela rose at the end of last year to about 3000%.   LINK

Samson:  DP World signs an agreement to establish a port and a logistical area in Indonesia

6th March, 2021

DP World, in cooperation with the "Case de Depot e Plasman de Quebec", a global investment group, signed a long-term agreement with the Indonesian "Masbion Group" to start building an international container port and an industrial logistics zone in the Gresik region of Indonesia, with investments reaching Dubai Ports World revealed that the port, which will enhance East Java's position as the main commercial gateway to Indonesia, is expected to start work to implement the project in the third quarter of 2021

According to a press release issued today, Saturday, the signing ceremony was held in the Indonesian capital, Jakarta, through a business forum under the title: "Towards Building a Path of Economic Recovery" within the activities of the UAE-Indonesia Week 2021

Under the agreement, a joint venture will be established between "DP World", the global investment platform "Case de Depot e Blasmann de Quebec", and the "Masbion Group". The agreement represents the first project of its kind in the Indonesian transport sector through which this type of partnership is established between a foreign direct investor and an Indonesian private sector company, according to the statement

The sole operator of the container port

The new company, named "DP World Maspion - East Java", will become the sole operator of the planned modern international container port, which will have a capacity of three million 20-foot TEUs. DP World and “Kiss de Depot e Plasmann de Quebec” will cooperate with “Masbion Group” to establish an integrated industrial and logistics zone next to the container terminal, with an initial area of ​​about 110 hectares, with plans to increase it in the future

Since its launch four years ago, the "DP World" and "Kiss de Depot e Plasmann de Quebec" platform, valued at $ 8.2 billion, has invested in 10 port container terminals globally and across various stages of the asset life cycle

Sultan Ahmed bin Sulayem, Chairman and CEO of DP World, said: “The partnership with Masbion Group is an important development in our global network of ports and our logistics services, as Indonesia is experiencing rapid growth rates, making its economy one of the most important economies in the world. In creating a modern and highly efficient infrastructure, in addition to providing an industrial zone that provides high-quality logistical solutions

Surabaya is one of the most important ports in Indonesia, and the new container port is expected to contribute to enhancing economic development efforts and attracting more investment opportunities to Indonesia, according to the statement.  The actual operation of the plant is expected to start in 2023. The project will develop the infrastructure of East Java as part of the vision of Indonesian President Joko Widodo to accelerate economic growth through the strategy of "Indonesia's Golden Vision 2045   LINK

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Samson: UNESCO: Iraq re-sits on the throne of history with the Abrahamic prayer in the land of Ur

03/06/2021 11:27:53

 The United Nations UNESCO said today, Saturday, that the land of Iraq is on the throne of history, during a three-day visit by Pope Francis to Iraq. On its Twitter page, the organization published a picture of the Ziggurat of Ur, commenting on it with the words: "This is the land of Iraq that sits on the throne of history."

The organization indicated in its tweet that "Ur is an archaeological site in southern Iraq, and it was a major religious, political and urban center, and it witnessed the origin of monumental writing and architecture."

And she concluded by saying: "At this moment, Pope Francis is praying for all religions."
Earlier in the day, the plane carrying Pope Francis landed at Nasiriyah airport, after concluding his visit to Najaf, and his meeting with the supreme religious authority, Sayyid Ali al-Sistani.  LINK

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Samson:  Announcing the date of the first day of Ramadan, astronomically, in Iraq 2021

6th March, 2021

Astronomers expect that the blessed month of Ramadan for the year 2021, next will fall on Tuesday, April 13, 2021, and will end on May 12, 2021

The Arab Weather website stated that seeing the crescent after sunset on Sunday April 11, 2021 with the naked eye and telescope is impossible, due to the setting of the moon before the sun in all Arab countries, in addition to the absence of the crescent or the occurrence of conjugation, and according to astronomical calculations, the central conjugation (central conjuncture) will occur on the day Monday April 12, 2021 at 02:31 UTC, and therefore, on Monday April 12, 2021 will be the completion of the month of Sha`ban, and on Tuesday, April 13, the start of the first day of Ramadan 2021 in all Arab countries

As for Iraq, the date of sunset for the night of the Ramadan crescent 2021 in Baghdad will be at 6:30, while the date for sunset of the moon for the night of the Ramadan crescent 2021 in Baghdad will be at 5:57 , and therefore the moon will set before sunset, and the sighting of the crescent of Ramadan 2021 after sunset on Sunday is impossible

Therefore, on Monday, April 12, 2021 AD, it will be the completion of the month of Sha`ban, and on Tuesday, April 13, the start of the first day of Ramadan 2021 in Iraq   LINK