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Everything posted by yota691

  1. An upcoming visit by the Syrian president to Baghdad Release date: 2019/3/19 15:31 • 212 times read Baghdad - Al-Diyar newspaper reported sources said that after the successful visit of Iranian President Hassan Rowhani to Iraq, an official visit to Syria by Syrian President Bashar al-Assad is being finalized. The Lebanese newspaper said there were arrangements for setting an agenda for the visit with the Syrian side. Al-Diyar newspaper said that these sources refused to talk about a specific date for the visit, but talked about the high level of US pressure on the Iraqi state to prevent it.
  2. 49 billion dinars the size of the debt of electricity privatization companies electricity worker. "Internet" energy Economy News Baghdad The Financial Control Bureau announced that three companies supervise the collection process on the Rusafa side, with 49 billion dinars in favor of the Ministry of Electricity. "The General Directorate of Electricity Distribution of Baghdad / Rusafa signed several service contracts and collection with investment companies, and the goal is to rationalize energy," the Financial Control Bureau said in a report on the results of the audit and specialized auditing on service and collection contracts for the province of Baghdad / Rusafa. And the exploitation of energy resulting from this rationalization in feeding other areas and reduce technical losses and improve the performance of the system through the participation of the private sector in the collection activities and periodic maintenance. According to the report, "Al-Nour Al-Naqeb Company carried out the contract of service and collection in 21 localities distributed in three areas, Zeona, Palestine and Al-Ghadeer, and Rafidain Company carried out the contract of service and collection in 42 locality distributed in the areas of Rusafa, In 15 localities and specifically in the regions of Adhamiya and Cairo, as well as Nakheel Middle East in 51 locality distributed in the areas of Karrada, New Baghdad and the bridge of Diyala and Zafaraniya. The report pointed out that "the investment companies did not adhere to the investment license in accordance with the letter of the National Investment Commission did not include contracts concluded with the Ministry of Electricity on the penal requirement in case of delay of investment companies in the issuance of investment license." The report pointed out that "companies did not comply with the reduction of electric loads by 20% in accordance with Article" 27-9 "of the terms of the investment contract. The report also stated that "Rafidain Contracting Company for the collection of revenues for the months of November and December 2017, the amount of 305.5 million dinars." Note that the contract concluded with the Ministry of Electricity required to achieve 8 billion dinars per month. According to the report, "indicators of citizens' payment of funds ranged from 0 - 54%, which requires the Directorate of Electricity to urge investment companies to increase indicators of payment for the purpose of achieving funds that contribute to maximize financial resources." The report stressed that "the Ministry of Electricity is unable to supply electricity for 24 hours to the areas covered, which necessitates the Ministry to provide investment companies equipped energy facilities and reduce the burden of payment of collection fees." He pointed out that "the number of subscribers collected by Ahl al-Wasal reached 1234,262, the total sold power amounted to 16.4 billion dinars, while the debts of the company amounted to 6.7 billion dinars, and the debts incurred by Nakheel Middle East 36.5 billion dinars, For contracting the amount of 5.8 billion dinars. " Views 70 Date Added 03/19/2019
  3. Central Bank: Reserve of foreign currency grew by 32.6% Central Bank of Iraq Banks Economy News Baghdad: The Central Bank of Iraq, that foreign reserves grew by 32.6% during the year 2018, noting that Iraq's reserves of gold amounted to 96 tons. The Central Bank of Iraq (CBE) said in a press release that the foreign reserves annual report showed a positive performance in 2018 compared with 2017. Foreign reserves grew by 32.6 percent, driven mainly by the positive difference between the bank's purchases of the dollar from The Ministry of Finance and sales through the window selling foreign currency in addition to the profits realized from the proceeds of the investment portfolio in various segments. "At the portfolio level, the portfolio in US dollars in 2018 grew by almost 25 percent from 2017 as a result of the positive difference between the central bank's purchases of the US dollar and its sales, as well as the conversion of a large part of the other currencies resulting from The maturity of some investment instruments and returns on them to the currency of the US dollar. " He explained that "gold rose in value in 2018 by about 6% than in 2017, as a result of increased investment in this asset, and the reserves of gold at the Central Bank of Iraq by nearly 96 tons in 2018, Iraq comes in fifth place in the Arab world rank 37 In terms of possession of gold reserves, Iraq was one of the largest buyers of gold in 2018 along with India, China and Kazakhstan. "Investment in Islamic bonds issued by the Islamic Development Bank in 2018 increased by more than 33% in 2017," he said. Views 108 Date Added 03/19/2019
  4. US Vice President confirms to Abdul Mahdi, his country's stand with Iraq to defeat the remnants of an encouraging Editorial date: 2019/3/19 0:48 • 285 times read BAGHDAD (Reuters) - US Vice President Mike Pines said on Monday he had telephoned Prime Minister Adel Abdul Mahdi, stressing that the United States stood with Iraq to defeat remnants of an organization calling on the terrorist. "I concluded with the Iraqi prime minister and thanked him for his strong support for the permanent partnership between the US states and the Iraqi people," Pines said in a tweet on his Twitter account. "The United States stands with Iraq to defeat the remnants of the Baath and help the Christian and Yezidi communities to rebuild and recover from years of terrorism and war."
  5. The oil minister reveals the output of the OPEC meeting and the latest decision on production cuts Release Date: 2019/3/18 16:43 • 107 times read The Deputy Prime Minister for Energy and Minister of Oil Thamer Ghadhban, the consensus of producers from the "OPEC" and outside the commitment to the agreement to reduce production in support of oil prices and stability of the oil market, pointing to the signs of the rise in global stocks despite sanctions on some countries . This came after the conclusion of the thirteenth meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC), and major producers from outside, which was held in the Azerbaijani capital Baku. Al-Ghadhban said that the Ministerial Council for Production Control has listened to the reports of the relevant committees emanating from the producers' meetings, which included extrapolating the international oil market and reviewing the tables, reports and production data of the member countries. The ministerial meeting to be held next month in Vienna and the meeting in June this year will discuss the reduction of production and appropriate decision by the oil ministers, leading to more stability of the global oil market. For his part, ministry spokesman Asim Jihad said that the meeting of the Ministerial Committee opened with a speech to the host country of the meeting "Azerbaijan" and then the words of the ministers of Saudi Arabia, Russia, Venezuela and then the Secretary General of the Organization of Petroleum Exporting Countries OPEC, The commitment of the producers to the agreement, which led to the achievement of positive steps and further stability of the oil market. Jihad said that the ministerial committee listened to a comprehensive report on the commitment of the members of the agreement to reduce the production and ratios of each country, pointing to Iraq's commitment to the stability of the world oil markets and support oil prices. Deputy Prime Minister and Minister of Oil Thamir Abbas al-Ghadhban met with the ministers of oil and energy in Russia, Saudi Arabia, the UAE, Kuwait and Azerbaijan. And discussed with them ways to strengthen bilateral relations and expand the prospects for cooperation and development and in the interest of common interests
  6. Deputy: Scenario take over Abbadi prime minister has not been raised and will not go back Tuesday 19 March Alsumaria News / Baghdad MP on the alliance of Fatah Mohamed Karim Baldawi, Tuesday, that talk about the return of former Prime Minister and President of the coalition of victory Haider Abadi to take over the post of prime minister after the dismissal of the government Adel Abdul Mahdi, a scenario was not raised, noting that it can not return to me And stressed that the scenarios of the second or third term were over. Baldawi said in an interview for Alsumaria News, "The alliance of conquest is still supportive and strongly to the government of Adel Abdul Mahdi And we will work with political partners to strengthen the positive points at the same time to assess the mistakes to ensure the success of the government and achieve the aspirations of the people to provide services and overcome the failures of the past, "noting that" talk about replacing the government of Abdul Mahdi or overthrow is a far-off and will not be put forward because we believe "This government is the last chance to win the confidence of the Iraqi people and achieve their aspirations." Al-Baldawi said that "the speculation of some unrealistic can not be achieved, everyone agrees today to support the government and pay any risks," stressing that "everyone does not move towards power or positions, therefore, the road map sustainability of the current government and success is the most important criterion and our goal during this stage "He said. Baldawi said that "talking about the return of Haider al-Abadi to take over the presidency of the Council of Ministers is not raised and I do not think he will be put because Abadi is a political figure we respect, a person knows well that it can not go back," stressing that "we are all supporters of the current government and will not accept to go back Or open the door of conflict and competition for power and who is the largest bloc, especially that everyone left talks about a second and third and other names after the conviction of everyone to peaceful transfer of power without holding positions. The former Deputy Prime Minister Bahaa al-Araji, confirmed in press statements that Haider Abadi, a leading candidate for the premiership if the withdrawal of confidence from Adel Abdul Mahdi.
  7. Source: The Anti-Corruption Council is preparing to beat and arrest senior corrupt officials soon Tuesday 19 March Alsumaria News / Baghdad revealed early Tuesday, the source said the Supreme Council for the fight against corruption is preparing to hit the top corrupt, indicating that he will arrest them one by one soon. The source said in an interview with Alsumaria News, "The Supreme Council for the fight against corruption is preparing and is now in the process of beating the corrupt leaders in the country," noting that "statements by those corrupt in the media do not interest the public opinion at all." The source, who asked not to be named, said that "there are documents and files proving the involvement of these files of corruption is large," adding that "the Council will arrest them one by one soon and I was negligent with anyone, no matter what his position." The Prime Minister Adel Abdul Mahdi , announced on January 29, 2019, the formation of the Supreme Council to combat corruption, as the Council began its functions and achieve a lot of files in order to refer the perpetrators to the judiciary.
  8. Integrity regulates cases of fraud by selling currency to travelers Economy | 10:34 - 19/03/2019 Baghdad - Mawazine News revealed the Integrity Commission, on Tuesday, the ability to control cases of manipulation in the sale of currency allocated to passengers in one of the branches of Rafidain Bank in Karbala province. The Department of Investigation of the Authority, in an interview about the seizure, in a statement received / Mawazine News / copy, that the salaries in the province, "was able to arrest an employee took the payment of the amount of (429 million) million dinars; to buy the amounts of dollars raised For travelers at discounted prices, taking advantage of the price difference after selling them on the black market for their own account. " The Department added that "preliminary investigations led to the disclosure of the Committee to sell the dollar in the bank to spend $ (1,896,000) million to (632) beneficiaries (3000) dollars per beneficiary," indicating that "the accused to take advantage of them for her personal benefit, pointing out that During the operation, which was carried out under a judicial memorandum, the seizure of lists of meals disbursed by the bank. She added that her staff in the province "organized a material record of the seized material, and presented it with the accused, whose statements were recorded in accordance with the provisions of Article 335 of the Penal Code, to the competent investigating judge to take appropriate legal action." It is worth mentioning that the Commission announced the implementation of a number of seizures in Karbala, the last of which was last month, resulting in the return of a property area (153) acres, and its estimated value (7.650 billion) dinars.
  9. The stability of the dollar exchange rate against the Iraqi dinar Economy | 12:28 - 19/03/2019 Baghdad - Mawazine News Dollar exchange rates stabilized in the Kifah Exchange and local markets today, Tuesday (March 19, 2019). The prices of the Kifah Stock Exchange - Baghdad 119,950 dinars compared to 100 dollars, the same prices on Monday. Selling and buying prices in the banking shops: Selling price of the dollar = 120,500 dinars. The price of buying the dollar = 119.500 dinars
  10. The two Kurdish parties begin their meeting in Sulaymaniyah Political | 11:39 - 19/03/2019 Sulaymaniyah - Mawazin News The two main Kurdish parties in the Kurdistan region, Tuesday, their meeting in the province of Sulaymaniyah, to discuss several files. A political source told Mawazine News that "the two Kurdish Democratic parties and the National Union held today, their meeting in the province of Sulaymaniyah." The meeting is scheduled to discuss the steps to form a new government and share the positions of sovereign and ministerial in the Kurdistan region and the situation of Kirkuk
  11. The Ministry of Health issued an explanation on the resignation of its minister Political | 10:39 - 19/03/2019 BAGHDAD - The Ministry of Health on Tuesday issued a clarification on the resignation of its minister, Alaa al-Din al-Alwan. "The ministry would like to refer to what has been circulated in the media about the resignation of the Minister of Health and the Environment to clarify, the minister has already submitted his resignation to the Prime Minister a month ago," the ministry said in a statement. The ministry said in its statement that "the resignation came because of unjust pressures, excesses and blatant interference in its work and obstacles persisting to prevent it from continuing to implement the vision and roadmap and the rational and transparent management that was adopted and work during this short period to promote the health and environmental reality in our dear country "He said. She stressed that "the Prime Minister and a number of leaders of political forces asked him to stay and continue the approach he developed." A spokesman for the Ministry of Health, Saif Al-Badr, yesterday evening, Al-Alwan's resignation, stressing that he is doing his work normally. Some social networking sites published news about Al-Alwan's resignation
  12. A visit to the Syrian president to Iraq. Washington is pressing Baghdad Political | 11:17 - 19/03/2019 BAGHDAD - Mawazine News Syrian political circles on Tuesday revealed an upcoming visit by Syrian President Bashar al-Assad to Iraq, while revealing the pressure exerted by Washington on Iraq. According to the Lebanese newspaper. "According to the information after the successful visit of President Hassan Rowhani to Iraq, an official visit to Syria by Syrian President Bashar al-Assad is being finalized," the newspaper said in a report released today. That "Iraq is going to deepen its relations with the Syrian regime in an accelerated manner." She added that "the national security adviser Faleh al-Fayadh on the line of arrangement of its agenda with the Syrian side," indicating that "those circles refused to talk about a specific date for the visit, but talked about the high level of US pressure on the Iraqi state." In the prelude to this political event, Damascus hosted tripartite talks attended by senior military officials in Iran and Iraq, in which the chiefs of staff of the Iraqi and Iranian forces and the Syrian Defense Minister Ali Ayoub expressed their support for the opening of the border crossing with Syria during In the coming days, after meeting with his Syrian and Iranian counterparts in Damascus. "We will witness in the coming days the opening of the border post between Syria and Iraq and the resumption of visits and trade between the two countries," Al-Ghanmi told a news conference with his counterparts.
  13. Democratic and national groups meet today and the file of Kirkuk at the top of the discussions Political | 10:10 - 19/03/2019 Sulaymaniyah - Mawazin News The two main Kurdish parties, the Democratic and the National Union, on Tuesday, a meeting to discuss several files topped by the file of Kirkuk. A political source, told / Mawazin News / that "is scheduled to hold a delegation from the Patriotic Union of Kurdistan today, a meeting with a delegation of the Kurdistan Democratic Party in the city of Sulaymaniyah." The source added that "the meeting will discuss the steps to form a new government and share the positions of sovereign and ministerial in the Kurdistan region and the situation of Kirkuk."
  14. OPEC cancels April extraordinary meeting, leaving production cuts until June Organization of Petroleum Exporting Countries (OPEC) 18 March 2019 09:06 PM Mubasher: The Organization of the Petroleum Exporting Countries (OPEC) canceled its planned meeting in April and will instead decide whether to extend oil production cuts in June as soon as the market is able to assess the full impact of US sanctions on Iran and the crisis in Venezuela . A ministerial committee recommended between OPEC and its allies on Monday to cancel the extraordinary meeting scheduled for April 17 and 18, and that the normal talks will be held on June 25 and 26, according to "Reuters . * Saudi Arabia 's energy minister: OPEC will not change its output policy meeting in April * " OPEC": Saudi Arabia raises its oil production during January .. And increase consumption Saudi Energy Minister Khalid al-Falih said on Sunday that the market appeared to be oversupplied by the end of the year, but April would be too early for any decision on production policy . "What we have heard from a general agreement ... is that April will be an early date for anyproduction decision for the second half," Faleh said on Monday . "As long as the levels of stocks rise and we are far from normal levels, we will continue on the path of directing the market to balance . " "We are under pressure not only to pressure the market," Faleh told reporters ahead of a meeting of the joint ministerial monitoring committee in the Azerbaijani capital Baku in response to a question whether he was under pressure from the United States to increase production . Many Opec members say US President George W. Bush's sanctions policies have been a key factor behind price hikes if they remove more than 2 million barrels a day from Iranian and Venezuelan crude . Brent crude prices hit a peak of 2019 at more than $ 68 a barrel last week. OPEC and its allies agreed in December 2018 to cut production by 1.2 million barrels per day (1.2 percent of global demand) in the first half of this year in an effort to boost prices . The Joint Ministerial Control Committee, which also includes non-OPEC Russia, monitors the oil market and levels of compliance with production cuts . Asked if he had any information on whether the US administration would extend the exemptions granted to Iranian crude buyers, which are due to expire in May, Al-Falih said: "So we see that they are hurting consumers ... so we see the impact on stocks ... we will not change course . " Faleh said oil and oil levels were the key drivers of OPEC's moves, adding that oil sector estimates showed a need for $ 11 trillion in investments over the next two decades to meet demand growth . "Our goal is to reduce the levels of global stocks to normal levels and, more importantly, prevent proactively from (occurrence) delinquency," he said . "Another important indicator is the state of oil investments ... We do not see an investment trend that brings us closer to the required figures," he said.
  15. Central Bank: $ 160.5 million sales of the currency auction Monday Central Bank of Iraq - Basra Branch 18 March 2019 06:37 PM Mubasher: Sales of foreign currency in the Central Bank of Iraq fell in the auction held on Monday; to record a level of 160.52 million dollars, compared to the sale of the auction on Sunday, which amounted to 172.95 million dollars, a decline of about 12.43 million dollars . The exchange rate was 1190 dinars per dollar, according to data from the Central Bank of Iraq today, at the auction held with the participation of 32 banks, in addition to one financial transfer company only . The bank said that the sales executed today are the results of tomorrow, Tuesday, indicating that the total sales totaled 184.04 million dollars . The Central Bank said that the volume of funds sold to strengthen the bank balances abroad amounted to $ 159.77 million, while the total cash sold was $ 750 thousand . The amounts transferred to the accounts of banks abroad were sold at a price of 1190 dinars per dollar, and the cash sale will be at the same price, according to the statement .
  16. Construction: We will stand against the manipulation of the Iraqi Nationality Law Political | 08:54 - 19/03/2019 BAGHDAD - Mawazine News MP Mansour al-Baiji on Tuesday stressed that Iraqi nationality is not for sale or bargaining, warning against tampering with the new law, which will soon be on the agenda of the House of Representatives. "The Iraqi nationality has its own value and prestige among the countries of the world and we will not allow manipulation of the new law that will soon be on the agenda of the parliament and we will have a position towards this law, which we consider to be especially important laws," said Baiji in a statement received by Mawazine News. Linked to the reputation of the country. " "All the countries of the world that respect themselves and respect their people do not grant their nationality to any foreign citizen except under very difficult conditions and laws," he said. "We are not against the granting of Iraqi citizenship to those who want to obtain it, but we must deal with it according to the conditions and controls that you deal with. All countries ". "We will not allow passage of any paragraph of the Nationality Law, which we see as complacency, even if it is necessary to reject the whole law and reformulate it again," he said.
  17. Sadr's meetings with political leaders .. Movements to support the government or to drop it? Political | 06:43 - 18/03/2019 Private - Mawazin News Political sources revealed, Monday, the nature of meetings held by the son of the founder of the Dawa Party Jaafar al-Sadr political leaders and the House of Representatives Mohammed Halbusi and ministers Adel Abdul Mahdi. "The source said in an interview with" Mawazin News "that" Jaafar al-Sadr was a candidate for the presidency of the government, along with Adel Abdul-Mahdi, but rejected the post, "noting that" his appearance during the past few days and held several meetings with the leader of the wisdom movement Ammar al-Hakim, To support the work of the government. " She added that "some parties want to market Jaafar al-Sadr to be prime minister in the event of dismissal or resignation Abdul Mahdi, but this talk is premature, especially as Abdul Mahdi has the support of political blocs and the withdrawal of confidence is unlikely at the moment." She noted that "the absence of the leader of the Sadrist movement Moqtada al-Sadr from the political arena in the recent period, due to his health and the meetings of Jaafar al-Sadr has nothing to do with the disappearance of Moqtada al-Sadr."
  18. Congressional deputies demand Trump to maintain a military presence in Iraq Political | 09:07 - 19/03/2019 BAGHDAD - US Congressmen asked President Donald Trump not to reduce the US presence in Iraq. "At this crucial moment, it is a mistake to withdraw from Iraq, because it seeks to protect its sovereignty from internal and external threats and to transform the country into a prosperous and viable democracy," the heads of the Armed and Foreign Affairs and Intelligence Committee of the US House of Representatives said in a statement. "We call on the administration to continue to deal with Congress in order to ensure a stable future for the Iraqi people," the deputies added. Legislators considered it necessary for the United States to continue its "participation" in the fate of Iraq, including through training programs for Iraqi security forces and cooperation in the field of investment and trade and the provision of humanitarian assistance to those affected by the practices of "Daash". US President Donald Trump has announced earlier that the United States intends to maintain the military presence in Iraq to monitor Iran.
  19. US Vice President calls Abdul-Mahdi and confirms his country's stand with Iraq Political | 01:15 - 19/03/2019 Follow - up to the balance of News said US Vice President Mike Pence Monday that he had telephoned the Prime Minister Adel Abdul Mahdi , stressing parking United States with Iraq to defeat the remnants of the terrorist organization Daesh. "I concluded with the Iraqi prime minister and thanked him for his strong support for the permanent partnership between the US states and the Iraqi people," Pines said in a tweet on his Twitter account. "The United States stands with Iraq to defeat the remnants of the Baath and help the Christian and Yazidi communities to rebuild and recover from years of terrorism and war." Ended m h n
  20. Parliamentary Security: The law {nationality} as it stands today {will not pass} Monday 18 March 2019 67 Baghdad / Sabah / Shaima Rashid The Parliamentary Security and Defense Committee confirmed that the Nationality Law, as drafted by the government, will not be passed, especially with the wide circle of parliamentary and popular protest on it. At a time when the Directorate of Public Citizenship denied the rumors about granting citizenship within a year, Parliament has not voted on it so far, warned a legal expert, to amend the law of citizenship, which grants Iraqi nationality to the Jews and "Aldawash" and anyone without nationality. A member of the Committee on Security and Defense of the mass of Asrun Mohammad Reza, confirmed the objection of his bloc on the Nationality Law because it grants citizenship to non-Iraqis, and "the country does not need new children," he said, stressing the standing of the mass against the legislation of the law. "We in the block are against the granting of Iraqi citizenship to non-Iraqis for a number of reasons, including that Iraq at present is going through difficult circumstances, whether political or security or economic and does not require the naturalization of new children.
  21. Iraq confirms its keenness to suppor t oil prices and stability of the global market The Iraqi oil minister during his attendance at the 13th meeting of the ministerial committee between OPEC and the major producers from outside. energy Economy News Baghdad Deputy Prime Minister for Energy and Oil Minister stressed Iraq's keenness to support oil prices and work with producers from within and outside the "OPEC" to rebalance the world markets by controlling the supply of oil. This came during his participation in the thirteenth meeting of the Joint Ministerial Committee to monitor the reduction of production between the Organization of Petroleum Exporting Countries (OPEC) and major producers from outside, which is held in the Azerbaijani capital Baku. "This meeting comes within the framework of the keenness of the producer countries of the Organization of Petroleum Exporting Countries (OPEC) and its co-sponsors from outside to monitor the decision to reduce the oil production," said Deputy Prime Minister for Energy and Oil Minister Thamer Abbas al-Ghadhban. Was adopted before the end of last year, which was implemented as of January 2019 for a period of (6) months. " "The meeting aims to review the reports prepared by the specialized committees resulting from the meetings of the producers in order to achieve members' commitment to the decision to reduce production to advanced levels and control over the surplus oil supply, and to take appropriate steps to maintain the target set by OPEC and its partners, The stability of the world oil markets and access to fair prices both producers and consumers, and this leads to the revitalization of the global economy. " "Iraq plays an important role in bringing the views of the producers closer to the logical and realistic solutions and decisions, and he has seen through his meetings with his counterparts their keenness to do so," Ghadhban said. The oil minister stressed that "the decision to extend the agreement or otherwise will be discussed at the next meeting in Vienna next month." Views 47 Date Added 18/03/2019
  22. US Secretary of State begins Middle East tour .. Does Iraq include? Written by: mohanadat: March 19, 2019 In: Light News / Baghdad starts US Secretary of State Pompeu begins with a Middle Eastern tour of Arab countries , including Kuwait and to us n , initiated from Kuwait Tuesday.
  23. Oil is going to extend an oil pipeline to Ceyhan to export 1 million b / d Thamer Ghadhban Minister of Oil energy Economy News Baghdad The Minister of Oil, Thamer Ghadhban, said the ministry is considering extending an oil pipeline from the Kirkuk fields to the Turkish port of Ceyhan with a capacity of one million barrels per day, revealing that the Ministry of Transport is currently receiving tenders in this regard. "The pipeline will be linked to the network of the national oil network, as the Kirkuk fields do not produce these quantities now," Ghadhban said in an interview with the official daily Al-Sabah. He added that "the oil fields in the province of Kirkuk and after its return to the management of the federal government is now producing 380 thousand barrels per day from which about 80 thousand barrels per day towards the Turkish port of Ceyhan," noting that "the decline of production came because of the disruption of some fields as a camel and Hamrin, To rehabilitate them despite the difficult conditions in those areas. " Views 83 Date Added 03/19/2019
  24. Oil near its highest level in 2019 due to OPEC cuts and US sanctions Arab and international Economy News _ Baghdad Oil prices are nearing their highest levels in 2019, supported by OPEC-led supply cuts. US sanctions against Iran and Venezuela are supporting prices, but dealers say rising US production may curb the market. West Texas Intermediate crude futures were $ 59.14 a barrel, up 5 cents from the previous settlement price and close to a high of $ 59.23 in 2019 reached in the previous session. Brent crude for the benchmark Brent rose 20 cents to $ 67.74 a barrel, also near the peak of 68.14 recorded late last week. In China, Shanghai crude futures, which opened last year, rose 4.5 percent from the previous close to 468.2 yuan ($ 69.71) a barrel, also close to the 2019 peak of 475.7 yuan a barrel in February. Thus, Shanghai crude is trading at a premium above Brent when calculating the dollar price. The Organization of the Petroleum Exporting Countries (OPEC) on Monday canceled its April meeting, effectively extending supply cuts in force from January to June at least when the next meeting is due. OPEC and a group of outside producers, including Russia, in the so-called OPEC + coalition, began curbing supplies to stem a sharp fall in prices in the second half of 2018, when markets were under pressure from rising production and an economic slowdown. Views 25 Date Added 19/03/2019
  25. The House of Representatives presents the Social Insurance Law during the sessions of the new legislative chapter Mohammed Shiaa al - Sudani. "Internet" money and business Economy The Baghdad News Agency announced the monitoring of the implementation of the government program and strategic planning, on Tuesday, that the House of Representatives will be presented during the sessions of the new legislative chapter of the Social Insurance Law upon arrival from the government. A member of the committee, Mohamed Shi'a al-Sudani, in a press statement followed by "Economy News", "There is a new package of laws of the disabled, which will be reviewed by the government and audited and then sent to the House of Representatives to legislate in line with the paragraphs of the curriculum and the government program," noting that " New ones related to the provision of services, some related to integrity and the recovery of contraband funds and other related to maximize the non-oil revenues of the state. " He added that "there are about (110) draft law custody of the government will be subject to review and according to the priorities of the government program and the benefits of the stage before being sent to the House of Representatives within the current legislative term," noting that "one of the most important legislation of the laws of the government is the law of social insurance, Government retirement and private retirement and will be presented to parliament after its ratification by the Council of Ministers. " Views 52 Date Added 03/19/2019
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