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Here's some articles of Dinarian interests... Erbil Hosts Int'l Fair: A Platform For Attracting Foreign Investors. Treat as rumors. Not verified. Your opine. TNT via Tishwash: Iraq & France Discuss Boosting Economic Ties. ARTICLE: Iraq's Minister of Trade, Dr. Atheer Daoud Al-Ghurairi, met on Tuesday with French Ambassador to Baghdad, Patrick Durel, to explore ways of enhancing bilateral cooperation, particularly in the economic & investment sectors. Al-Ghurairi emphasised Iraq's commitment to creating an attractive investment environment & highlighted the country's promising opportunities across various sectors. He invited French companies to participate in a "Made in France" exhibition in Iraq and proposed a joint forum for Iraqi & French private sectors to present investment projects & explore partnerships. The two officials also discussed strengthening cooperation in trade, agriculture & healthcare. Ambassador Durel praised Iraq's ongoing economic reforms aimed at improving the business climate. He formally invited Minister Al-Ghurairi to visit France to deepen coordination & expand areas of cooperation. Both sides agreed to continue joint efforts to broaden business engagements & reinforce economic & commercial relations for the mutual benefit of the two countries. Tishwash: Minister Of Environment: Carbon Projects Will Provide Additional Income For Iraq & Attract Int'l Investments. Environment Minister Helo Al-Askari confirmed on Wednesday that carbon projects will provide additional income for Iraq & attract significant international investments. “Iraq faces major environmental challenges, including rising temperatures, low rainfall, water scarcity & declining water levels in rivers & water bodies. This has led to a significant decline in biodiversity & an increase in desertification, which has resulted in the displacement of a number of villagers & rural residents in some areas to other areas, which will cause future problems for the receiving regions in terms of social, political, environmental & economic aspects,” the Minister of Environment said during the 1st int'l conference on carbon economics, which was followed by Al-Masry. The Minister of Environment explained that "these factors have prompted the Iraqi government to pay attention to the environmental file & related issues. One of the most notable achievements of the government of PM Mohammed Shia al-Sudani is the establishment of the General Company for Carbon Economics within the Ministry of Environment." He indicated that "this company not only works to issue carbon bonds but also seeks to implement environmental improvement projects to preserve Iraq's environment." The Minister affirmed that “Iraq is witnessing an urban, political, economic & social renaissance, and the features of an environmental renaissance have begun to appear, in accordance with the Prime Minister’s directives to maximize & diversify the financial revenues of all ministries. Our ministry, through the efforts of all, has been able to establish the General Company for Carbon Economics & work with relevant national & int'l bodies to attract international companies to the country for investment, which will contribute to securing an additional source of income for Iraq.” He pointed out that "the ministry has achieved a major accomplishment through the General Company for Carbon Economics, attracting the interest of int'l companies, including global specialist company Olefin, which has pledged to invest £2 billion in the 1st phase of the project." Tishwash: Erbil Int'l Fair: A Vital Platform For Attracting Investors. The 15th Erbil Int'l Construction, Electricity & Energy Exhibition is a key meeting point for investors & owners of industrial & commercial companies from inside & outside Iraq, reflecting the vitality of the industrial and commercial sector in the region & the country as a whole. The exhibition, which will run for several days, features more than 250 local, Arab & foreign companies specializing in construction, equipment, & building materials, providing a great opportunity to exchange expertise & establish new partnerships that enhance investment opportunities & economic development. The exhibition's general manager, Kuran Saad Abdullah, told Al-Sabah that the local government in the Kurdistan Region attaches great importance to the exhibition & is working in coordination with relevant government ministries & directorates to support its activities. The exhibition has attracted wide participation from 16 Arab & foreign countries, including 34 specialized Chinese companies, which reinforces the exhibition's importance as a regional & int'l center for trade & industry. The exhibition provides an integrated platform that brings together specialists in the fields of infrastructure, housing & various investment projects. Participating companies showcase the latest products, services & advanced technologies that meet the demands of the local & regional markets. Abdullah pointed out that the exhibition's activities include a global trade conference, which will include extensive discussions on opportunities & challenges in the industrial & investment sectors, with the attendance of senior government officials, diplomats & relevant authorities. He explained that entry to the exhibition is limited to companies, investors & specialized visitors via a barcode system & will be open from 10:00 a.m. to 7:00 p.m. The exhibition will continue until tomorrow, Friday, allowing those interested in building business relationships & strengthening their presence in the market.
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Here's some articles of Dinarian interests... -Iraq Stability Has An Attractive Environment For Investors. -The UDS Declines Against the Dinar. Treat as rumors. Not verified. Your opine. FROM IRAQI SOURCES: Iraq Is Witnessing Stability & Has An Attractive Environment For Investments. ARTICLE: First Deputy Speaker of Parliament Mohsen al-Mandalawi affirmed on Tuesday that Iraq is interested in developing its relations with its brothers, neighbors & friends. He also stated that Iraq invites reputable companies to invest in Iraq & benefit from its internal stability & attractive environment. The media office of the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, said in a statement received by Al-Maalouma that “Al-Mandalawi received the Turkish Ambassador to Iraq, Anil Bora Inan & his accompanying delegation to discuss a number of important issues at the local & regional levels as well as bilateral relations & ways to strengthen them in various fields.” He stressed, according to the statement, that “Iraq is interested in developing its relations with its brothers, neighbors & friends & provides significant facilities for solid companies to invest in the country. He called on them to take advantage of the internal stability & attractive environment to expand their participation & presence, particularly in the areas of developing the energy & electricity sectors, improving infrastructure services & strengthening their economic partnership to serve common interests.” Al-Mandlawi called for urgent, high-level dialogue between the governments & parliaments of the region’s countries to address threats that destabilize regional security & stability & to work seriously to prevent the expansion of the conflict, deter the Zionist occupation forces from implementing their malicious plans & to work together to stop the crimes of genocide in Gaza & to condemn the ongoing violations of the sovereignty of Lebanon, Syria & Yemen. -In Baghdad & Erbil, The Dollar Recorded A New Decline Against The Iraqi Dinar. The USD ER against the Iraqi Dinar fell on Tuesday morning in Baghdad markets & in Erbil, the capital of the Kurdistan Region. A Shafaq News Agency correspondent said that the Dollar price fell on the Al-Kifah and Al-Harithiya stock exchanges, recording 146,800 Dinars for every $100, while yesterday morning, Monday, the price was recorded at 147,200 Dinars for every $1. The agency’s correspondent noted that selling prices at exchange shops in Baghdad’s local markets fell, with the selling price reaching 148,000 Iraqi Dinars for $100 & the buying price reaching 146,000 Dinars for $100. In Erbil, the Dollar also declined, with the selling price reaching 146,800 Dinars per $100 & the buying price reaching 146,700 Dinars per $100.
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Here's some articles of Dinarian interests... -Calling all investors. -Investment Shows The Importance Of The Singapore Agreement...What Are Its Details? -Parliament Indicates A “Single Way” To Eliminate 95 Percent Of Corruption In State Institutions – Urgent. -Iraqi Oil Exports To America Decline. -Dollar Exchange Rate Against The Dinar After The Stock Exchange Closes. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: Calling All Investors: ARTICLE: The Parliamentary Economy Reveals The Factors That “Thwart The Iraqi Industry”: Granting What Is Above And Below The Ground For The Benefit Of The Investor. Deputy Chairman of the Parliamentary Economy & Industry Committee, Representative Yasser Al-Husseini, considered today, Sunday, that the government & the Ministry of Industry are acting according to the “erroneous belief” that there are no Iraqi competencies to advance the industrial sector in Iraq, which prompted them to offer production lines and factories, as well as underground mineral resources, to invest at high prices. meanness. Al-Husseini told Al-Sumaria News, “The belief of the government & the Ministry of Industry that Iraqi competencies are unable to advance the industrial sector is completely false & there are Iraqi experiences & capabilities capable of advancing the sector with the best products & may compete with global industries.” He pointed out that “successive mismanagement of the industrial sector led to these bad fateful results for this sensitive, vital & economic sector & led to the issuance of notorious joint operating contracts, according to which many industrial production lines were sold as piles of scrap.” He stated that “the government agreement not to buy local products from these government factories and not to supply them & to implement the Iraqi Product Protection Law are what led to these fateful and disastrous results for the Iraqi industry.” He pointed out that “the Ministry did not limit itself to offering above-ground factories for investment in the hands of companies, but rather went underground according to decisions that faced strong opposition in previous years by heading to grant underground resources of precious metals & chemicals, and granting them to Jordanian & American companies at the cheapest prices.” He stated that “one ton of sulfur amounts to $400, while the government granted it to companies for $5 per ton, with quantities in Iraq amounting to more than 500 million tons as explored storage on only 16% of Iraqi territory.” He pointed out that this and other measures and trends cast a shadow over the failure of industry in Iraq & the lack of a true vision, to the point that they became losing companies built on a narrow partisan basis & these companies went on to obtain government contracts outside of what this ministry manufactures. -Parliament Indicates A “Single Way” To Eliminate 95 Percent Of Corruption In State Institutions – Urgent. The Integrity Committee in the House of Representatives indicated the only way through which corruption can be eliminated in all state institutions. Committee member Hadi Al-Salami said in an interview with “Baghdad Today” that there is one step that eliminates approximately 95% of the rampant corruption in state institutions, which is the transition towards electronic governance & although this matter was emphasized in the ministerial curriculum, it was not implemented.” Until now”. He stated, “There is no ministry that has implemented electronic governance so far, despite the importance of this step in fighting corruption & eliminating it once & for all. This confirms the desire for corruption to continue, and that is why all ministries have not implemented this system, which is the main step in eliminating corruption.” Which has been eating away at the body of the Iraqi state for years without any real confrontation with it. Iraq is considered one of the countries with the highest rates of administrative & financial corruption & it is noticeably present in several administrative facilities. Some politicians in Iraq are considered among the first to be besieged by corruption charges. Because of that, Iraq is considered, along with several countries such as Afghanistan, Somalia, Yemen, Sudan & Libya, among the countries with the highest rates. Corruption according to the Corruption Barometer. Because of the massive corruption in Iraq, there is a massive lack of services, deterioration of infrastructure & deterioration of industrial & agricultural development, among examples of rampant corruption. A total of $228 billion was wasted on construction and infrastructure projects, on paper only, a value that exceeds three times the National Budget and the country’s gross domestic product, despite the enormous funds generated from the sale of oil, as Iraq ranks second among oil-producing countries. But it remains completely dependent on imports, even for electricity & petroleum products. -Investment Shows The Importance Of The Singapore Agreement...What Are Its Details? The National Investment Commission confirmed, today, Sunday, that the Singapore agreement will accelerate the increase in Iraq’s international classification, while clarifying regarding financing projects of local, Arab & foreign investors in Iraq. The head of the commission, Haider Makiya, said: “The investment classification of emerging countries in 2024, conducted by FDI Intelligence, ranked Iraq 4th, indicating the confidence provided by investment in Iraq, specifically the National Investment Commission, in providing a safe legislative environment for the investor to settle in Iraq & return large capital to implement infrastructure projects & achieve sustainable development.” He added, “The Singapore Agreement will accelerate & speed up the increase in Iraq’s international rating, which is a sovereign rating for the whole world & thus Iraq’s rating will be known when it is good.” He pointed out that “all investors in the world will come without any restrictions or conditions as long as the legislative environment exists & governs their work in Iraq & thus the process of attracting money to enter it will proceed easily & smoothly.” He pointed out that “project financing may be internal or external. If Iraq joins the international agreements, the process regarding foreign investors will be governed by the agreements. However, if the investor is local or Arab & wants to take financing, he will be subject to Iraqi laws regarding financing.” -Iraqi Oil Exports To America Decline. The US Energy Information Administration announced, today, Sunday, that Iraq’s oil exports to America decreased during the past week. The administration said in a table followed by Mawazine News, “The average US imports of crude oil during the past week from 9 major countries amounted to 5.400 million barrels per day, up by 4 thousand barrels per day from the previous week, which amounted to 5.396 million barrels per day.” It added that “Iraq’s oil exports to America amounted to 195 thousand barrels per day last week, up by 4 thousand barrels per day from the previous week, which amounted to 191 thousand barrels per day.” The administration indicated that “the largest oil revenues for America during the past week came from Canada at a rate of 3.918 million barrels per day, followed by Mexico at an average of 332 thousand barrels per day, followed by Colombia at an average of 276 thousand barrels per day & from Nigeria at an average of 222 thousand barrels per day.” According to the table, “the amount of US imports of crude oil from Ecuador was an average of 152 thousand barrels per day, from Saudi Arabia at an average of 146 thousand barrels per day, from Libya at an average of 98 thousand barrels per day & from Brazil 74 thousand barrels per day.” -Dollar Exchange Rate Against The Dinar After The Stock Exchange Closes. The Dollar price rose against the dinar, today, Sunday, in local markets & exchange shops in the capital, Baghdad. The Dollar exchange rate recorded 149,000 dinars for $100 at the close of the two main stock exchanges in Baghdad, Al-Kifah & Al-Harithiya, while this morning it recorded 148,850 Dinars for $100. Selling prices also rose in exchange shops in local markets in Baghdad to 150,000 dinars for $100, while the purchase price reached 148,000 Dinars for $100.