"Tidbits From TNT" Sunday 1-28-2024

TNT:

Tishwash:  Trade: Opening two marketing centers in Baghdad and a plan to establish marketing centers in all governorates

The General Company for Foodstuff Trade in the Ministry of Commerce announced today, Sunday, the opening date of two marketing centers in Baghdad, which will be opened during the holy month of Ramadan. It is expected that these two centers will be “hypermarkets,” and their locations will be determined on the Karkh and Rusafa sides of the capital.

The company's general manager, Lama Al-Moussawi, in an interview with the official agency, followed by NRT Arabia, indicated that a plan has been drawn up to establish marketing centers in all governorates, which will be opened successively, and that at least one marketing center will be opened in each governorate.

She explained that the number of food marketing centers in Baghdad will reach 4, while the number of central markets will reach 3, indicating that a series of marketing markets will be opened during the year 2024 in Baghdad and the governorates, respectively. link

Tishwash:  Al-Sudani directs that the official working hours end at two o’clock in the afternoon tomorrow, Monday

To support the national team...a government decision to reduce official working hours tomorrow

 The Prime Minister, Muhammad Shiaa Al-Sudani, decided today, Sunday, to end the official working hours in all official institutions tomorrow, Monday, at 2 p.m., with the aim of giving employees the opportunity to support the national team in its match against the brotherly Jordanian team in the Asian Nations Cup.

The General Secretariat of the Council of Ministers stated in a statement, a copy of which was received by NRT Arabic, that the Iraqi Prime Minister issued this decision with the aim of encouraging employees to support the national team and participate in supporting it during its important match in the continental championship, announcing that the end of work will be at two o’clock in the afternoon.

The statement concluded with the Prime Minister's wishes for the national team to achieve success in its match, expressing his hope that the team will continue to shine and achieve victory in its journey in the tournament until the end.  link

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Tishwash:  Baghdad hosts the Iraqi-Jordanian Economic Integration Forum

The Ministry of Commerce announced, on Saturday, the completion of procedures for hosting the activities of the Iraqi-Jordanian Economic Forum next Monday and Tuesday, in the presence of economists, businessmen, industrialists, and Iraqi and Jordanian government institutions.

 The ministry’s official spokesman, Muhammad Hanoun, said in a statement, a copy of which was received by {Al-Furat News}, that “the capital, Baghdad, will host the activities of the Iraqi-Jordanian Economic Forum next Monday and Tuesday in the presence of economists, businessmen, industrialists, and Iraqi and Jordanian government institutions, to discuss ways to advance cooperation and economic integration between the two countries.” “In order to enhance economic relations and achieve integration and cooperation in various fields.”

He added, "The forum, which is being held under the auspices of the Minister of Commerce, Atheer Daoud Al-Ghurairi, and is attended by Iraqi and Jordanian economic figures representing the public and private sectors in the two countries, aims to strengthen economic relations between the two countries, address business obstacles, and develop treatments and solutions for them in a way that strengthens relations and achieves integration between these institutions to achieve" Cooperation and increasing the volume of trade and economic exchange.” link

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Tishwash:  Operating the first phase of the integrated Arab trade line between Egypt, Jordan and Iraq

The Egyptian Ministry of Transport has operated the first phase of the Arab Integrated Multimodal Logistics Trade Line between Egypt, Jordan and Iraq, to ​​serve the transport of goods in the Gulf countries to the ports of European and American countries.

The goods pass through the link between the ports of Aqaba and Nuweiba on the Gulf of Aqaba, and from there by land - currently - through Sinai through the Nuweiba Tunnel Road, and from there to the ports of Al-Arish, East Port Said, Damietta and Alexandria Al-Kabeer, which is the route that represents the land part of the Taba Al-Arish logistical corridor, in order to be exploited for services.

Direct sea ports between Egyptian, European and American ports, through the Egyptian Ministry of Transport in cooperation with the Iraqi and Jordanian Ministries of Transport.

The goods are transported via trucks from Iraq and Jordan to the port of Aqaba in Jordan, then the trucks cross by sea inside ships to the port of Nuweiba, then by land through the Nuweiba tunnel road passing through Sinai to reach the ports of East Port Said, Damietta, and Alexandria, then they are shipped on ships to European and American ports.

The Taba-Arish-Bir al-Abd-Al-Fardan railway line, with a length of 500 km, is being constructed to increase the volume of goods intended to be transported from the Gulf, Iraq and Jordan to Europe and America within the second phase of the integrated Arab trade line. Trucks in the ports of Nuweiba and Taba will be replaced by railway trains. This increases the volume of goods via railway lines, which connect with all Egyptian ports.

It was put into operation at the beginning of January 2024, as Egypt amended all the necessary customs legislation to facilitate and increase direct international transit movement through the Egyptian state through the infrastructure of ports, road and railway networks, and the Egyptian Ministry of Transport also joined the “TIR” and “VINA 1968” agreements. Which facilitates the entry of foreign trucks to cross within Egyptian territory in the shortest possible time.

The line is considered the fastest in arrival time, the least expensive, and the easiest in procedures and opportunities. It also contributed to linking Jordan, Iraq, and the Gulf states, through the Nuweiba sea port to the Egyptian ports overlooking the Mediterranean Sea and from there to the European market.

For his part, the Egyptian Minister of Transport, Lieutenant General Kamel Al-Wazir, confirmed, according to the Egyptian Youm Al-Sabea, that the operation of this line came based on coordination between the Egyptian Ministry of Transport and the Jordanian and Iraqi Ministries of Transport through the strategic partnership with the Arab Bridge Navigation Company, and its operation also comes in light of the directives of President Abdel Fattah El-Sisi.

The President of the Republic transformed Egypt into a center for global trade and logistics, and the Ministry of Transport implemented an integrated plan to develop international multimodal transport hubs (land - rail - river - sea) and within the framework of the Taba - Al-Arish logistical corridor, which is currently being implemented within a number of 7 integrated international development logistical corridors     link

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