.Zig’s Place Chat and News Friday AM 3-12-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly OPEC: Iraq accounts for 25% of the Indian market

Friday 12, March 2021 09:32 OPEC said that Iraq acquired 25% of the Indian market share.

The OPEC report for the month of March stated that Iraq's production rose from 3.807 million barrels per day last January to 3.868 million barrels per day in February, indicating that the increase amounted to 61 thousand barrels per day.

According to the report, Iraq ranked first in its acquisition of the Indian market, as it controls 25% of the total market, followed by Saudi Arabia with 20%.

.Zig’s Place Chat and News Thursday PM 3-11-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly The National Bank of Iraq ends the acquisition of Bank Audi’s banking business Thursday 11, March 2021 19:43

butterfly The Iraqi National Bank announced that the acquisition of the banking business of Bank Audi has completely ended today, according to the agreement signed between the two parties.

Bank Audi has terminated its operations in all its 5 branches in Iraq and transferred it to the National Bank of Iraq at the end of today's work, as all information on the details of customers' accounts and their banking products was automatically transferred to the National Bank of Iraq, and the credit cards and payment cards granted to them will remain available for use. As usual.

.Zig’s Place Chat and News Thursday AM 3-11-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly Former Iraqi MP: the government must benefit from the high oil prices

butterfly 2021-03-11 06:59 Shafaq News / Former MP Sabah Al-Tamimi called on the Iraqi government to benefit from high oil prices and establish a sovereign emergency fund.

Al-Tamimi, a specialist in economic affairs, said in a statement, "the current prices of crude oil are heading towards an increase due to the recent data from the World Health Organization about the end of COVID-19 in June 2021, in addition to Saudi Arabia's reduction of its daily production by one million barrels in the next two months, as well as the improvement in the profit margin of refiners", noting," the Iraqi government must take advantage of the US value's decline against other major currencies."

.Zig’s Place Chat and News Wednesday PM 3-10-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly Iraqi warplanes strike ISIS sites in Diyala 2021-03-10 12:38 Shafaq News / The Iraqi Security Media Cell announced, on Wednesday, that the Iraqi warplanes struck ISIS sites in Diyala Governorate.

The cell said in a statement the F16 aircrafts, in coordination with the Joint Operations Command targeted ISIS hideouts in Hemrin Mountains in Diyala. Yesterday, the Iraqi warplanes struck intensively ISIS strongholds in the eastern of Saladin Governorate. A source told Shafaq News Agency, that the strikes were concentrated in the Al-Sabihat area, adjacent to Al-Azim River which separates Diyala and Saladin. It’s noteworthy that areas of east Saladin adjacent to Diyala are strongholds and hot spots for terrorist organizations, so far, security operations have not succeeded in clearing these areas.

.Zig’s Place Chat and News Wednesday AM 3-10-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly World Bank's assessment is Flawed: Manufacturing is Viable in Iraq! 10th March 2021

butterfly The Iraqi Economists Network (IEN) has just published a new report from our Expert Blogger Dr Amer K. Hirmis, which we re-publish here with the author's permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.

World Bank's assessment is flawed: Manufacturing is viable in Iraq!

In late September 2020, the World Bank published a report entitled 'Breaking out of fragility: a country economic memorandum for diversification and growth in Iraq' (henceforth WB 2020).

.Zig’s Place Chat and News Tuesday PM 3-9-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly Regarding Nasiriya events, Iraqi Cabinet concludes important outcomes

butterfly 2021-03-09 11:35 Shafaq News / Iraq’s Prime Minister Mustafa Al-Kadhimi announced, on Tuesday that the investigation in Nasiriya Clashes has yielded important conclusions.

According to a statement by the Cabinet, Al-Kadhimi said, "The events in Nasiriya were painful, we promised people there to find the perpetrators,…we have concluded very important outcomes."

.Zig’s Place Chat and News Tuesday AM 3-9-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly Masrour Barzani affirms the region's position on the Federal Budget

https://shafaq.com/en/Kurdistan/Masrour-Barzani-affirms-the-region-s-position-on-the-Federal-Budget

butterfly 2021-03-09 07:00 Shafaq News / Kurdistan region's Prime Minister, Masrour Barzani, supervised a special meeting on the ongoing preparations for drafting the Kurdistan Regional Budget Law for 2021.

During the meeting attended by Deputy Prime Minister Qubad Talabani, the current financial situation in the region and the ongoing preparations for drafting the Kurdistan Region Budget Law for the year 2021 were discussed, as well as the data, expenditures and estimated revenues of the ministries.

A statement issued by the regional government said that the meeting stressed the importance of preparing a budget bill that considers all possibilities and guarantees a realistic, transparent budget that depends on oil and non-oil revenues, the financial deficit and actual expenditures.

.Zig’s Place Chat and News Saturday AM 3-6-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly ISIS’s tunnel found, completely destroyed in Makhmur

butterfly 2021-03-06 06:16 Shafaq News / The Military Intelligence Directorate announced on Saturday that it had seized explosive devices inside a tunnel in Makhmur district, near Erbil governorate. The directorate said in a statement today that, based on intelligence, joint forces struck intensively a tunnel in Makhmur district used by ISIS members and seized 18 explosive devices.

During the Operation, the engineering team destroyed the tunnel and dismantled the explosive devices.

butterfly ISIS terrorist arrested in Al-Anbar 2021-03-06 09:21

Shafaq News/ A source from Al-Anbar police department announced on Saturday arresting an ISIS terrorist plotting a terrorist attack in the governorate.