TNT
Tishwash:
Basra’s wish: The stability of the governorate makes it an attractive city for international companies
The security committee in the Basra Governorate Council confirmed the stability of the security situation in the governorate.
Committee member Ali Talib told Al-Furat News Agency, “The security situation in Basra has had a positive impact on its status, as it has become one of the cities that attracts diplomats and ambassadors, in addition to the presence of major international oil companies in the province, and they are now working in Rumaila.”
He added, “The security situation is very good in the governorate and allows all companies to work and invest in it.” link
Iraq is the first Arab country in developing oil pipelines
Iraq ranked first, as the most developed Arab country for oil pipelines, according to data issued by the specialized Global Energy Monitor platform, until May 2024.
The Arabian Gulf is among the most important regions witnessing oil pipeline construction projects globally, in light of the leadership role it plays in the global market and its possession of huge crude reserves.
Iraq topped the list of the most developed Arab countries for oil pipelines, and the oil pipeline projects – proposed and under construction – reach 3.83 thousand kilometers, divided between 75 kilometers under construction and 3.756 thousand kilometers proposed.
The marine export pipeline project, with an investment cost of $416.9 million, is scheduled to be implemented during the years 2024 and 2025, and will be implemented by the Dutch company Royal Boskalis.
This comes as the country implements plans to increase its oil production to 8 million barrels per day by 2027, contributing to Iraq topping the list of the most developed Arab countries for oil pipelines.
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It is noteworthy that Iraq has about 15 lines for transporting oil, with a length of 2.09 thousand miles, and 10 lines with a length of 1.53 thousand miles for transporting petroleum derivatives, according to data issued by the Organization of Arab Petroleum Exporting Countries (OAPEC). link
CandyKisses:
Shameless and unacceptable statements… Al-Sahhaf calls for restraining the American ambassador
Information / Baghdad.
The spokesman for the popular legal movement, Mohammed Al-Sahaf, on Tuesday, rejected the US trusteeship over Iraq, calling on the government to rein in the new US ambassador Tracy Jacobson.
Al-Sahhaf said in a statement to the Information Agency that “the new US Ambassador Tracy Jacobson’s provocative statements have floated a set of UN resolutions.”
He added that “the intervention of the new Washington ambassador to Baghdad is negative and reprehensible and a clear interference in the affairs of a sovereign state,” noting that “the Iraqi people reject the American trusteeship of Iraq.”
“The US ambassador’s statements are r--e and unacceptable, and it is not the Iraqi people who are subject to US tutelage,” he said.
Tishwash:
Parliamentary Legal: Representatives enjoy vacation and there is no emergency session
The head of the Legal Committee in the House of Representatives, Rebwar Hadi, confirmed today, Monday (June 17, 2024), that there will be no emergency session to elect a Speaker of the House of Representatives.
Hadi told “Baghdad Today”, “Members of Parliament are now enjoying the legislative recess, and there is no talk of an emergency session regarding the e------n of a Speaker of Parliament.”
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He added, “The issue of choosing a speaker for parliament requires political consensus, and there is no consensus yet regarding choosing the president.”
It is noteworthy that the position of presidency of the House of Representatives has been vacant for more than 7 months, with the House failing more than once to elect a president due to the lack of consensus among the Sunni forces in electing one of the candidates.
In the latest developments in the file, the representative of the Al-Fatah Alliance, Mukhtar Al-Moussawi, confirmed on (June 9, 2024) the existence of a political consensus to resolve the e------n of the Speaker of the House of Representatives after the Eid Al-Adha holiday.
Al-Moussawi told “Baghdad Today”, “There is a political consensus to resolve the e------n of the Speaker of the House of Representatives after the Eid al-Adha holiday, and there is no intention to keep Mohsen al-Mandalawi on the part of any party in the coordination framework.” link
Source: Dinar Recaps
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Tishwash:
International Finance: Economic reform in Iraq is witnessing an increasing pace and we have invested about two billion dollars
The representative of the International Finance Corporation in Iraq, Bilal Zaghir, confirmed today, Tuesday, that the institution’s investment in Iraq has reached nearly two billion dollars since 2005, while indicating that economic reform is witnessing an increasing pace.
Zaghir told the Iraqi News Agency (INA): “The work of the International Finance Corporation dates back to the year 2005, and over the years we have been able to invest approximately two billion dollars in a wide range of sectors,” noting that “our work in Iraq will extend our belief in the future prospects of Iraq and the acceleration of the pace of reform.”
“This will be reflected positively in creating other investment opportunities in all sectors, whether industrial, infrastructure, or in the financial and banking sectors.”
He added, “The International Finance Corporation is the arm of the World Bank that is concerned with developing the private sector by providing the necessary financing for private sector projects in addition to providing advisory services. Therefore, the framework of the institution’s work expands to include a wide range of financial services to all companies operating in Iraq, in addition to providing consulting services”.
Zaghir continued, “The IFC’s thinking relates to a group of sectors whose importance we believe and whose importance we share with the Iraqi government, whether investing in the Iraqi industrial sectors, where they are productive and an alternative to imports, and the second part relates to the financial sector, both its banking and non-banking parts, in addition to the importance of investing in infrastructure and improving the services provided.” For Iraqis throughout the country,” pointing out that “the main point is our work and encouraging the private sector and working with it.” link
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CandyKisses:
Urgent The first official holiday of its kind in Iraq next Tuesday
{Local: Al-Furat News}
On Tuesday of next week, Iraq will witness the first official holiday of its kind in the country.
June 25 falls on the 18th of Dhu al-Hijjah, and will be an official holiday in the Iraqi provinces on the occasion of Eid al-Ghadir, which was recently approved by parliament.
A member of the parliamentary legal committee, Aref Hamami, said that “the holiday will include all Iraqi provinces, including the Kurdistan region” as a federal holiday.
The Alawite holy shrine in Najaf has begun preparations to celebrate Eid al-Ghadir.
It is noteworthy that the House of Representatives voted on the law on public holidays on May 22, which includes about 11 days a year, as well as public official holidays, which are Friday and Saturday, with the authority of the Council of Ministers to cancel the Saturday holiday when necessary.
The official holidays law, which was voted by parliament, includes, Friday and Saturday as official holidays throughout Iraq, in addition to Eid al-Fitr and al-Adha, Labor Day, Eid al-Ghadir, the 10th of Muharram, the first of Muharram, the Prophet’s birthday 12 Rabi’ al-Awwal, New Year’s Day, Army Day 6 of January, Nowruz 21 March, and 16 March was added at the last moment, which is the day or anniversary of the Halabja tragedy.
The law also granted some “dedicated” public holidays, i.e. not public, to minorities, including Jesus, Sabians and Yazidis.
The law also included the deletion of important and detailed occasions in the history of Iraq and Iraqis, including July 14, which is the anniversary of the fall of the monarchy and the founding of the republic, and two important occasions were not included in the law and were deleted, which is December 10, the anniversary of the victory over I--S, as well as the Iraqi National Day on the third of October, which is the anniversary of Iraq’s accession to the League of Nations and its official recognition as a state.
The Day of Ghadir is the eighteenth day of the month of Dhu al-Hijjah of the tenth year of the Prophet’s migration, and it is the day on which the greatest Prophet Muhammad (peace be upon him) Ali bin Abi Talib (peace be upon him) was appointed successor after him.
Source: Dinar Recaps
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