Tues. AM TNT News Articles 3-15-22



A government bank launches a credit card with double the salary

Al-Rasheed Bank announced, on Monday, the launch of the Visa credit card (Card Card), which adds to its employees an amount of up to three times the salary they receive.

And the office stated in a statement that Mawazine News received a copy of it, that “this card is granted to employees of (Nakheel) card holders, where a balance of three times the salary is added, with a maximum limit of five million dinars.”

He added, “The amount is at the beneficiary’s disposal and is paid in a monthly installment added to the unused balance and is a rounded amount,” noting that “the bank interest on the added amount is calculated on the amount used only and amounts to 1.25% per month.” link

Newspaper: The Nomination Of “Jaafar” Is A Maneuver By Al-Sadr To Pass Al-Kazemi

The Saudi newspaper, “Al-Sharq al-Awsat” described, on Tuesday, that the leader of the Sadrist movement, Muqtada al-Sadr, nominated his cousin Jaafar al-Sadr to head the next government as a political maneuver, indicating that al-Sadr is trying to pass Mustafa al-Kazemi at a time when Qasim al-Araji and Haider al-Abadi were nominated before coordination framework.

. The newspaper stated in a report seen by “Al-Maalouma” that “the forces of the coordination framework tried to respond to Al-Sadr with more than one formula; Including that he did not announce publicly after his adoption of Jaafar al-Sadr as the only candidate for prime minister. The first of which was its unofficial announcement, most notably Haider al-Abadi, the former prime minister, and Qassem al-Araji, the current National Security Adviser.

And she added, “The problem of the bloc is the largest bloc that still exists, and it is the biggest obstacle for both Shiite parties, the Sadrist movement and the coordination framework. While the Sadrists see that they are the “major bloc” with 75 deputies, the forces of the “coordinating framework” see that it is the “great bloc” after it was able to Who gathered 83 deputies.

She pointed out that “the presidency of the parliament has not yet been registered” the “major bloc” that nominates the prime minister after the election of the president of the republic. While a Shiite breakthrough appeared after al-Sadr’s contact with al-Maliki rejoiced the Kurds and Sunnis in terms of passing their candidate easily in the next session after a section of the “framework” forces joined them, the re-pitching of the candidates for the position of prime minister and how to determine the “big bloc” made everyone return to the first square of understandings.

She explained, “At a time when the Sadrists are silent about what appeared to the public opinion that Jaafar al-Sadr is their candidate, with the possibility of putting up another candidate; The forces of the “coordinating framework” began to hint at the names of their most prominent candidates, al-Abadi and al-Araji, and there are indications that some agencies and parties have begun to circulate, stating that Jaafar al-Sadr has apologized for taking up the position, noting that “the silence of the Sadrists so far seems suspicious, with indications that the story of Jaafar’s candidacy Al-Sadr by Muqtada Al-Sadr is just a maneuver, and that Al-Sadr’s real candidate is the current Prime Minister Mustafa Al-Kazemi, who, even if he wrote a farewell tweet on “Twitter”, it seemed to many to be a maneuver as well.” link

After the rise in oil prices and the increase in Kurdistan production… Dana Gas distributes cash dividends

The Emirati company, Dana Gas, announced today, Tuesday, its intention to distribute cash dividends after the increase in oil prices and the volume of its production in the Kurdistan Region.

The company said in a statement seen by Shafak News Agency that it “announced its intention to recommend the distribution of cash dividends to shareholders of 4.5 Emirati fils per share for the second half of 2021,” noting that “the total dividends for the fiscal year ending in 2021 rose to 8 money, an increase of 45 percent compared to the dividends in 2020.

She added, “The company’s net profit amounted to 1.2 billion dirhams (317 million dollars) in 2021, compared to losses of 1.4 billion dirhams (376 million dollars) during the year 2020, indicating that the company recorded an adjusted net profit of 469 million dirhams ($ 128 million). .

She indicated that “the company’s revenues amounted to 1.7 billion dirhams (452 million dollars), with a growth rate of 30 percent on an annual basis, thanks to the rise in oil prices and the increase in the company’s production volume in the Kurdistan Region,” noting that “the total cash payments received by the company in 2021 were the highest In its history, it amounted to 1.4 billion dirhams ($ 377 million), which contributed to increasing the company’s cash flow to reach 678 million dirhams ($ 185 million) at the end of 2021.

Hamid Diaa Jaafar, Chairman of the Board of Directors of Dana Gas, said that the company achieved record levels of profitability and collection of receivables through careful management of costs and operations.

He explained that “progress in the implementation of projects is continuing in the expansion of the Khor Mor station in the Kurdistan Region of Iraq, as construction work is moving forward in the field according to the scheduled schedule towards the start of operating the first gas processing lines during the second quarter of 2022,” noting that “the production capacity of this The pipeline amounts to 250 million cubic feet of gas per day, which will raise the total gas production to 700 million cubic feet of gas per day.

He pointed out that “the continuous supply of gas to the electricity production plants in Erbil, Chemchemal and Bazian provided more than 80 percent of the electric energy produced in the region, and also contributed to achieving significant savings in fuel cost by replacing diesel with gas in a step that achieves great environmental and economic benefits in the region and Iraq.” As a whole”.  link

Source: Dinar Recaps


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