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Showing results for tags 'saudi-iraqi coordination council'.
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With the participation of hundreds of companies.. Jeddah will host the Iraqi-Saudi Forum tomorrow money and business Economy News / Baghdad The activities of the "Saudi-Iraqi Economic Forum" will start tomorrow, Thursday, in Jeddah. It is organized by the Federation of Saudi Chambers with the participation of more than 300 companies, and in the presence of Iraqi Deputy Prime Minister Muhammad Tamim, Minister of Commerce Majid Al-Qasabi, and a number of ministers, officials, representatives of government and private agencies, and business owners from both countries. The Saudi newspaper Al-Youm, in its issue issued today, quoted the head of the Federation of Saudi Chambers, Hassan Al-Huwaizi, as saying: The Saudi-Iraqi Business Council, which was established in 2017; It plays a pivotal role in raising the volume of trade exchange, defining the investment climate, and encouraging investors from both countries to establish joint investment projects. He praised the interest accorded to Saudi economic relations by the political leadership in the two countries, which culminated in the establishment of the Saudi-Iraqi Coordination Council. The opening session of the forum includes ministers and representatives of the Saudi and Iraqi private sectors, while its agenda includes presentations on the Joint Coordination Council, the Saudi-Iraqi Investment Company, and investment opportunities in the Kingdom and Iraq. The opening session will witness the signing of a number of agreements and the holding of bilateral meetings between the two sides. The forum is scheduled to discuss issues of activating the benefit from the Arar border crossing, the mechanism for exchanging information on investment opportunities, raising the volume of Saudi exports to Iraq, supplying products to Iraqi companies, and the role of the transport sector. The business sectors in the Kingdom and Iraq are counting on the positive outputs of the forum in light of clear governmental support and interest, in conjunction with the work of the fifth session of the Joint Saudi-Iraqi Coordination Council in Jeddah. The volume of trade exchange between the Kingdom and Iraq reached 5.7 billion riyals in 2022, achieving a growth of 50%, while the border crossing at Arar contributed to the growth of Saudi exports to Iraq by about 132%. Views 25 Added 05/24/2023 - 4:27 PM -
An Iraqi-Saudi agreement to expand the joint electrical connection points 2023.04.12 - 13:00 Baghdad - people On Wednesday, the Minister of Electricity, Ziyad Ali Fadel, announced the initiation of electrical interconnection with Saudi Arabia, while confirming the government's serious intention to support the energy file. And the Ministry of Electricity said in a statement, followed by “NAS” (April 12, 2023), that “the minister made, yesterday, Tuesday, an official visit to Riyadh at the head of a ministerial delegation, accompanied by the Prime Minister’s advisor for energy affairs, Imad Al-Alaq, and the Iraqi ambassador to Saudi Arabia, during which he met with the Minister of Energy.” Saudi Prince Abdulaziz bin Salman. The statement added, "The prince confirmed that this visit has great connotations, and we find it a good and fruitful opportunity to expand the horizons of cooperation and joint work between the two countries, indicating that the Saudi king and the crown prince recommend harmonizing the Kingdom's projects with Baghdad in the energy sector." The Saudi energy minister said, according to the statement, "We really support the development of your economic files, and we carefully monitor your rise and confident measures by working to diversify energy sources and exploit gas fields." In turn, Minister Fadel explained, "The great interest that Prime Minister Muhammad Shia'a Al-Sudani attaches to strengthening partnerships with the Kingdom." The Minister of Electricity indicated, "During the meeting, the serious direction of the government and the ministry to work to achieve qualitative gains to support the energy file, and he also touched on three important axes, which are the agendas of the visit." The statement added that the agenda of the visit included "the initiation and launch of the (Iraqi-Saudi electrical interconnection) project, which is an important reason for the exchange of energy benefits, and the completion of the partnership project with (ACWA Power) to install a 1000 MW solar power plant, as well as benefit from successful experiences." By installing meters and limiting energy losses. He noted that "it was agreed to form a joint working group to be concerned with the development of unified subscribers, and it was also agreed to start the electrical connection and expand the connection point, which is the Arar station, and establish the transmission line, and the readiness of both parties to complete the procedures of ACWA Power."
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Today .. the prime minister is in Riyadh Wednesday 31st March 2021 124 Baghdad: Hoda Al-Azzawi Prime Minister Mustafa Al-Kazemi, accompanied by a government team that includes a number of ministers and members of the Iraqi-Saudi Coordination Council, will head to Saudi Arabia today, Wednesday, in response to an invitation he received from Saudi King Salman bin Abdulaziz Al Saud. The advisor to the prime minister, Hussein Allawi, in an interview with Al-Sabah, considered the visit “important and comes in an exceptional circumstance, and it was arranged in previous visits by members of the government team and the Saudi Iraqi Coordination Council, which is chaired on the Iraqi side by the Deputy Prime Minister and Minister of Finance. Ali Abdul Amir Allawi. ” Allawi added that "the visit will discuss a number of files that are of interest to the two brotherly countries, including ways to confront the existing crises in the region, economic coordination and support for development and investment plans presented by the Iraqi National Investment Authority to Saudi companies and the facilities that the Iraqi government will provide to Saudi companies and the orientation towards establishing joint projects." “. In turn, the Ambassador of the Kingdom of Saudi Arabia to Iraq, Abdulaziz Al-Shammari, confirmed that the visit of Prime Minister Mustafa Al-Kazemi to the Kingdom comes at an important time, and a number of political, security and economic issues will be discussed, and a number of agreements will be signed in several areas. In a press statement, the ambassador stressed the importance of the relationship between the two countries, adding that there is an intention to increase the border crossings with Iraq, and for the Arar port to operate around the clock. Regarding the gift of the Saudi monarch in the international stadium, he explained that there are continuous meetings to complete the work procedures. As for the coordination council between the Kingdom and Iraq, the ambassador indicated that the meetings will continue, pointing out that an important meeting will be held soon between businessmen from the two countries.
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A Saudi ministerial delegation begins an official visit to Iraq Saudi Minister of Environment, Water and Agriculture, Abdul Rahman Al-Fadhli 08 November 2020 12:46 PM Riyadh - Mubasher: Today, Sunday, a Saudi ministerial delegation headed by the Minister of Environment, Water and Agriculture, Abdul Rahman Al-Fadli, will start an official visit to the Republic of Iraq. According to the Saudi Press Agency (SPA), the delegation includes the Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, the Minister of Transport, Saleh bin Nasser Al-Jasser, the Governor of the Saudi Arabian Monetary Agency, Ahmed bin Abdul Karim Al-Khulaifi, the Governor of the General Authority for Foreign Trade, and Abdul Rahman bin Ahmed Al-Harbi, and the head of the Public Transport Authority, Rumaih bin Muhammad Al-Rumaih, as well as representatives from a number of Saudi ministries and companies in various sectors. During the visit, the Saudi delegation will meet with Iraqi Prime Minister Mustafa Al-Kazemi and Speaker of the Iraqi Parliament, Muhammad Al-Halbousi. During the visit, the two sides will hold meetings between the two sides to discuss strengthening bilateral relations between the two brotherly countries in various fields, in addition to holding a number of committees emanating from the Saudi-Iraqi Coordination Council to discuss progress on issues and activities related to its work, the most prominent achievements and agreements signed between them in the political and economic fields All of what contributes to the advancement of bilateral relations. The visit comes within the framework of preparations for the fourth session of the Saudi-Iraqi Coordination Council, and a prelude to the upcoming meeting between Prince Muhammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, and the Iraqi Prime Minister Mustafa Al-Kazemi.
