Thurs. AM TNT News Articles 5-27-21

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TNT

Tishwash:
Opening of the Iraq reconstruction and investment exhibition in Erbil

The Ministry of Trade announced the launch of the Iraq Reconstruction and Investment Exhibition for the period from 26 to 29 May.

The exhibition is organized by the Turkish “Sofwar” company for organizing exhibitions and conferences, in cooperation with the Erbil International Fair, in coordination with the Ministry of Trade, and in the presence of a large number of officials, businessmen and a large number of media professionals in the province.

The director general of the Iraqi Exhibitions Company, Sarmad Taha, said in a statement to the ministry that the Euphrates News Agency received a copy of it.

He stated, “The exhibition is an important step aimed at stimulating the economy, which is witnessing a recovery in Erbil. It is also an important opportunity for investment and encourages Arab and foreign companies to enter into an investment competition to reconstruct the infrastructure and areas damaged by terrorist acts.”

He noted, “The Iraq reconstruction exhibition in Erbil coincides with the opening of the Nineveh Energy, Reconstruction and Investment Exhibition   link

An explosion targets a logistical convoy of the international coalition in southern Iraq

An official security source said on Thursday that an explosion targeted an international coalition convoy in Al-Muthanna Governorate, southern Iraq.

The source told Shafaq News that an explosive device exploded targeting a logistical support convoy of the international coalition while it was passing on the Muthanna highway.

The source added that the explosion did not result in any human casualties, while the convoy continued its way towards its intended destination.   link

Oil prices are declining and Brent stays at $ 68.37 a barrel

On Thursday, oil prices witnessed a noticeable decline, amid fears that the market may face a flood of Iranian barrels, if the sanctions imposed on Tehran are lifted.

Brent crude declined for the month of July, 0.52%, to reach 68.37 dollars a barrel.

And the price of US West Texas Intermediate crude, for delivery next July, decreased by 0.47%, to reach $ 65.90 a barrel. 

The ministers of the Organization of the Petroleum Exporting Countries and its allies will meet on the first of next June, to assess the market situation and their production policy. link

Source: Dinar Recaps

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