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Adam Montana

Adam Montana Weekly (2) 19 April 2019

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2 hours ago, Synopsis said:

INVESTMENT

 

A MAJORITY of the news IS about Iraq BEING the GO TO PLACE INTERNATIONALLY!!!

:backflip:   :backflip:   :backflip:

NOW, pray tell, HOW, pray tell, CAN the Bicraqi Iraqi DO THAT with a "closed" "economy" Bicraqi Iraqi Dinar RATE???!!!

 

 

 

Another great reason!  :bravo:

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Keep on hoppin' along Iraq! But, please move like the energizer bunny!

Blessings to all. Thank you Adam and all those in DV land! WH

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The opening of the first Iraqi bank in Saudi Arabia

To promote trade communication and exchange of goods and investments
1555595951471239700.jpg?itok=yv6xsVIO
Deputy Prime Minister and Governor of the Saudi Monetary Agency
Riyadh: Saleh Al-Zaid
 
The Saudi-Iraqi relations during the past two years have witnessed a development and desire by both sides to restore relations. Commercial rapprochement is emerging as one of the escalating issues. The Iraqi Bank of Iraq opened its first branch in Saudi Arabia on Thursday.

The opening ceremony of the Iraqi Trade Bank was attended by Dr. Fuad Hussein, Deputy Prime Minister of Iraq and Dr. Ahmad Al-Khulaifi, Governor of the Saudi Monetary Agency, and the Iraqi Trade Bank will begin its operations in the middle of next month, which will be a point of contact in remittances and financing of Saudi and Iraqi companies in both countries.

The opening ceremony coincided with an Iraqi visit to Saudi Arabia headed by Adel Abdul Mahdi, the Iraqi Prime Minister, during which a number of agreements were signed between the two countries.

Faisal Al-Hims, head of the Iraqi Trade Bank, said that the trade exchange between countries needs financial channels to promote this exchange, pointing out that the Iraqi Trade Bank since 2003 has enabled all imports of Iraq from all over the world through trade exchange and the network of correspondents. Countries with which trade is made make exchange easier.

He added that the Iraqi banking sector since 2003 is developing, and that banks began to invest in human resources and automate their operations, including the Iraqi Trade Bank, adding that the bank has a capital base of two billion and 300 million dollars, in addition to shareholder equity of up to 4 billion dollars, The bank is ranked 13th amongst the top 100 banks in the Middle East.

"We are looking to form an overseas branch network," he said. "We started the opening of the executive office in Abu Dhabi last year and now we are opening a branch in the capital Riyadh," he said, adding that there was a plan to acquire a bank in the UAE.

He pointed out that this opportunity will enhance trade communication and exchange of goods and investments between the two countries through the branch in Riyadh, adding that the interest of the bank is based on financing trade between the two countries, in addition to financing investors from both countries wishing to enter the Saudi or Iraqi market.

Ahmed al-Khulaifi, governor of the Saudi Arabian Monetary Agency (SAMA), said at the opening ceremony of the bank that the number of requests by banks wishing to obtain a license with SAMA was no more than three or four requests, including local ones. 13 banking agents currently working in Saudi Arabia according to the new regulation.

The relations between Saudi Arabia and Iraq have witnessed great progress over the last four years after more than a quarter of a century, as a result of the tension during the second Gulf War in 1990. Saudi-Iraqi relations returned in 2015, and during the last four years, Between the two countries, including the visit of the Saudi Foreign Minister to Iraq in 2017, and the visit of former Iraqi Prime Minister Haider Abadi to Saudi Arabia twice.

The visit of Adel Abdul Mahdi, the Iraqi Prime Minister, to Saudi Arabia signed 13 agreements in the trade, culture, education, oil, electricity and others, during which several meetings between ministers between the two countries.
 
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The Iraqi Trade Bank opens the first branch in Saudi Arabia

Friday 19 April 2019 74

 

image.png.3bbafda69cd5a62085211409889d6095.png

 

http://alsabaah.iq/7600/المصرف-العراقي-للتجارة-يفتتح-أو-ل-فرع-في-السعودي-ة

The Iraqi Trade Bank opens the first branch in Saudi Arabia
Baghdad / Al-Sabah
Deputy Prime Minister and Minister of Finance Fouad Hussein opened the first branch of the Iraqi Bank for Trade (TBI) in the Kingdom of Saudi Arabia in the presence of the Governor of the Saudi Monetary Agency Ahmed Al-Khulaifi, the Deputy Governor of the Monetary Corporation Turki Al-Mutairi, and the Director General and Chairman of the Board of Directors of the Iraqi Trade Bank Faisal
Homs.
The ceremony was attended by senior Iraqi and Saudi officials, investors and representatives of the leading banks in the region, "the bank said in a statement.
The statement quoted Deputy Prime Minister and Minister of Finance Fuad Hussein as saying: "Today is a historic event for the financial sector in Iraq, as the opening of the first branch of the bank outside Iraq is a big step forward to strengthen our relationship with the Saudi government, and look forward to strengthening ties Bilateral cooperation between the two brotherly countries, especially after the support system" rel="">support provided by the Kingdom to investors and investors to invest in Saudi markets. "
"Nestor today is a new success in the Bank of Iraq's record of achievements, and we, as employees, partners and clients, are proud of this significant step," said Faisal Al-Hims, General Manager and Chairman of the Board.
"Personally, I have been waiting for this moment since we announced the expansion plan, and I look forward to seeing the significant economic benefits that the new branch in Saudi Arabia will bring to our strategic partners and customers."
"I thank the Custodian of the Two Holy Mosques and His Highness the Crown Prince for their high guidance to support system" rel="">support and facilitate the opening of our branch in Riyadh, capital of Saudi Arabia, and the rest of our partners in the Kingdom," he added.
"The opening of the branch of the first bank of its kind outside Iraq in the framework of activation and revitalization of the movement and banking and commercial activity at the regional and international levels, and takes the new branch of the Saudi capital Riyadh-based."
"This step supports the Bank's efforts towards further growth and expansion. It also affirms the Bank's commitment to implementing international compliance standards in accordance with the banking model adopted in the global banking sector and contributing to the economic development of Iraq in order to achieve growth and prosperity for the country."
"The new branch will soon begin banking and financial operations shortly after the completion of the procedures. The expansion of the BTI's business will provide an opportunity to expand business and investment and contribute to building a network of banking relationships with major institutions in the financial and banking sectors in Saudi Arabia. Enormous opportunities in the Iraqi market, which is witnessing continuous growth. "
The government is working on several projects in Saudi Arabia that include a wide range of fields in order to develop and strengthen relations between the two countries.
The Bank of Iraq opened a representative office in Abu Dhabi, the capital of the UAE at the end of 2017, and has successfully strived to achieve its strategic objectives to witness a new phase that will enable it to sustain the Bank's sustainable growth and assist in the reconstruction of Iraq. And enhance its presence in the region's financial market as a financial institution with close links to global financial networks.
The Bank of Iraq operates in accordance with its long-term strategic plan for 2021 and plays a crucial and significant role in the reconstruction and sustained growth of Iraq's economy in 2021. Its success is directly linked to the stability and prosperity of the country and has a strong impact on Iraqi society.

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Hi Adams, I'd like to get the number you will be calling me from once the RV hits so I won't delete it.  You see. I get a lot of tele marketers calling and I delete them once I see their numbers showing up on my phone, so please if you are to call once the RV hits I will have your number in as a contact number.  Thanks in advance.

Edited by Shick
Grammer corrections
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32 minutes ago, lmb4321 said:

How's May 2019 look 6ly??.......😀

 

Davis Is Looking At June ! :o 

 

who left the plunger in the toilet  | WHICH ONE OF YOU LEFT THE PLUNGER IN THE TOILET YOU KNOW YOUR AUNT MILDRED IS BLIND | image tagged in leave it to beaver | made w/ Imgflip meme maker

 

:D  :D  :D 

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Hey Adam. We did the discount and it didn't go through...

Please have someone fix it, as, we did it because you offered the discount as we are

good until 5/16 and we use our money at the moment for food....yup, that's how tight

it is here...until the Dinar comes in...so, please have them do the discount for us and

give us the credit back on our sad little card....sniff...sniff....thank you so much!

GOOOOOOO RVVVVVVVVVVVVVVVVVVV!!!!! 

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10 hours ago, 6ly410 said:

The Iraqi Trade Bank opens the first branch in Saudi Arabia

Friday 19 April 2019 74

 

image.png.3bbafda69cd5a62085211409889d6095.png

 

http://alsabaah.iq/7600/المصرف-العراقي-للتجارة-يفتتح-أو-ل-فرع-في-السعودي-ة

The Iraqi Trade Bank opens the first branch in Saudi Arabia
Baghdad / Al-Sabah
Deputy Prime Minister and Minister of Finance Fouad Hussein opened the first branch of the Iraqi Bank for Trade (TBI) in the Kingdom of Saudi Arabia in the presence of the Governor of the Saudi Monetary Agency Ahmed Al-Khulaifi, the Deputy Governor of the Monetary Corporation Turki Al-Mutairi, and the Director General and Chairman of the Board of Directors of the Iraqi Trade Bank Faisal
Homs.
The ceremony was attended by senior Iraqi and Saudi officials, investors and representatives of the leading banks in the region, "the bank said in a statement.
The statement quoted Deputy Prime Minister and Minister of Finance Fuad Hussein as saying: "Today is a historic event for the financial sector in Iraq, as the opening of the first branch of the bank outside Iraq is a big step forward to strengthen our relationship with the Saudi government, and look forward to strengthening ties Bilateral cooperation between the two brotherly countries, especially after the support system' target='_blank' style=" rel="">support system" rel="">support provided by the Kingdom to investors and investors to invest in Saudi markets. "
"Nestor today is a new success in the Bank of Iraq's record of achievements, and we, as employees, partners and clients, are proud of this significant step," said Faisal Al-Hims, General Manager and Chairman of the Board.
"Personally, I have been waiting for this moment since we announced the expansion plan, and I look forward to seeing the significant economic benefits that the new branch in Saudi Arabia will bring to our strategic partners and customers."
"I thank the Custodian of the Two Holy Mosques and His Highness the Crown Prince for their high guidance to support system' target='_blank' style=" rel="">support system" rel="">support and facilitate the opening of our branch in Riyadh, capital of Saudi Arabia, and the rest of our partners in the Kingdom," he added.
"The opening of the branch of the first bank of its kind outside Iraq in the framework of activation and revitalization of the movement and banking and commercial activity at the regional and international levels, and takes the new branch of the Saudi capital Riyadh-based."
"This step supports the Bank's efforts towards further growth and expansion. It also affirms the Bank's commitment to implementing international compliance standards in accordance with the banking model adopted in the global banking sector and contributing to the economic development of Iraq in order to achieve growth and prosperity for the country."
"The new branch will soon begin banking and financial operations shortly after the completion of the procedures. The expansion of the BTI's business will provide an opportunity to expand business and investment and contribute to building a network of banking relationships with major institutions in the financial and banking sectors in Saudi Arabia. Enormous opportunities in the Iraqi market, which is witnessing continuous growth. "
The government is working on several projects in Saudi Arabia that include a wide range of fields in order to develop and strengthen relations between the two countries.
The Bank of Iraq opened a representative office in Abu Dhabi, the capital of the UAE at the end of 2017, and has successfully strived to achieve its strategic objectives to witness a new phase that will enable it to sustain the Bank's sustainable growth and assist in the reconstruction of Iraq. And enhance its presence in the region's financial market as a financial institution with close links to global financial networks.
The Bank of Iraq operates in accordance with its long-term strategic plan for 2021 and plays a crucial and significant role in the reconstruction and sustained growth of Iraq's economy in 2021. Its success is directly linked to the stability and prosperity of the country and has a strong impact on Iraqi society.

 

The Iraqi Trade Bank opens the first branch in Saudi Arabia

Friday 19 April 2019

alsabaah-10635.jpg

 

Baghdad / Al-Sabah

Deputy Prime Minister and Minister of Finance Fouad Hussein opened the first branch of the Iraqi Bank for Trade (TBI) in the Kingdom of Saudi Arabia in the presence of the Governor of the Saudi Monetary Agency Ahmed Al-Khulaifi, the Deputy Governor of the Monetary Corporation Turki Al-Mutairi, and the Director General and Chairman of the Board of Directors of the Iraqi Trade Bank Faisal Homs.

The ceremony was attended by senior Iraqi and Saudi officials, investors and representatives of the leading banks in the region, "the bank said in a statement.

The statement quoted Deputy Prime Minister and Minister of Finance Fuad Hussein as saying: "Today is a historic event for the financial sector in Iraq, as the opening of the first branch of the bank outside Iraq is a big step forward to strengthen our relationship with the Saudi government, and look forward to strengthening ties Bilateral cooperation between the two brotherly countries, especially after the support provided by the Kingdom to investors and investors to invest in Saudi markets. "

"Nestor today is a new success in the Bank of Iraq's record of achievements, and we, as employees, partners and clients, are proud of this significant step," said Faisal Al-Hims, General Manager and Chairman of the Board.

"Personally, I have been waiting for this moment since we announced the expansion plan, and I look forward to seeing the significant economic benefits that the new branch in Saudi Arabia will bring to our strategic partners and customers."

"I thank the Custodian of the Two Holy Mosques and His Highness the Crown Prince for their high guidance to support and facilitate the opening of our branch in Riyadh, capital of Saudi Arabia, and the rest of our partners in the Kingdom," he added.

"The opening of the branch of the first bank of its kind outside Iraq in the framework of activation and revitalization of the movement and banking and commercial activity at the regional and international levels, and takes the new branch of the Saudi capital Riyadh-based."

"This step supports the Bank's efforts towards further growth and expansion. It also affirms the Bank's commitment to implementing international compliance standards in accordance with the banking model adopted in the global banking sector and contributing to the economic development of Iraq in order to achieve growth and prosperity for the country."

"The new branch will soon begin banking and financial operations shortly after the completion of the procedures. The expansion of the BTI's business will provide an opportunity to expand business and investment and contribute to building a network of banking relationships with major institutions in the financial and banking sectors in Saudi Arabia. Enormous opportunities in the Iraqi market, which is witnessing continuous growth. "

The government is working on several projects in Saudi Arabia that include a wide range of fields in order to develop and strengthen relations between the two countries.

The Bank of Iraq opened a representative office in Abu Dhabi, the capital of the UAE at the end of 2017, and has successfully strived to achieve its strategic objectives to witness a new phase that will enable it to sustain the Bank's sustainable growth and assist in the reconstruction of Iraq. And enhance its presence in the region's financial market as a financial institution with close links to global financial networks.

The Bank of Iraq operates in accordance with its long-term strategic plan for 2021 and plays a crucial and significant role in the reconstruction and sustained growth of Iraq's economy in 2021. Its success is directly linked to the stability and prosperity of the country and has a strong impact on Iraqi society.
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Investment Ambassadors

Saturday, 20 April 2019

 

Yasser Al Metwally
I drew attention to an important matter that the prime minister boldly issued by appointing more than seventy "investment" ambassadors and taking them to the first and most important economic mission within his official delegation to Saudi Arabia last week.

More than an article we wrote here in the morning newspaper and in this same corner was entitled "Echo Development" we call on the heads of governments who followed the Presidency of the Council of Ministers to take the businessmen in your official visits because they are the basis and the cornerstone of investment, this time proved by the government that the importance of the role Private sector in construction and development She responded.

Regardless of the levels and capabilities of the businessmen involved in the high-level delegation, it is an unprecedented and very successful initiative in terms of number.

In spite of my personal reservation as a researcher in economic affairs and interested in the private sector to some of those who carry this address and I mean "businessmen" from the emergency to the profession and address, the outcome in this initiative is very good as a beginning of a long journey and as an indicator of the validity of the direction of the economic approach of this government.

This reservation caused controversy with the economic standing known as Antoine when it was called "private sector half the Jordan" on this of some of the emergency in 2006, he objected at the time but accepted the description and turned the intersection to agreement and consensus visions.

This reference is a reminder not only to investment ambassadors and we say to them:
Your efforts and invitations have matured, and my articles have supported and supported you in the calls of governments to give a role to the private sector in building, development and active participation in the management and implementation of the economic file. 

What is required of you now about this transformation?

I can say honestly and honestly that this bold initiative was a marketing event for investment that the national investment bodies did not achieve for 15 years, and I do not want to underestimate anyone's right, but this is the right way to market investment.

The private sector has the toughest test to prove its ability to succeed in stabilizing its role in construction and development.

The Bank of Iraq for Trade TBI "has the head start of investment, opening a branch there in Saudi Arabia and will be a catalyst to support your investments in Iraq and in the regional, Gulf and Arab, and follow your investments to see who are the real private sector .

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Saleh Saleh: Iraq and Saudi Arabia meet strong economic partners

Saturday, 20 April 2019

alsabaah-10742.jpg

 

Baghdad / Hussein Thaghb Mustafa al-Hashemi
Economic experts in the public and private sectors stressed the importance of the Saudi-Saudi rapprochement and its impact on the economies of the two countries, the region and the world because of the economic strength of the countries that can achieve economic integration, accelerating the pace of development and benefiting all the economies of the world. 
Financial Advisor to the Prime Minister Dr. The appearance of Mohammed Saleh said: "Iraq and Saudi Arabia meet strong participants in building the political economy of peace, and may differ slightly from other surrounding countries, especially that Iraq and the Kingdom are important centers of the Islamic world and combined with the importance of religious common (Mecca and Najaf) Language, neighborhood, tribal bondage or kinship in many joints. " 
 
Stability of the Middle East
He added that "the economic history of the region has seen that the years of stability of the Middle East and entering the era of development are the periods when the natural rapprochement between the two countries in the economic relations since the fifties of the last century, Iraq's foreign policy successful based on the principle of dealing with countries surrounding Iraq and the basis of the doors on Neighboring Iraq, especially the six brotherly and friendly countries. "
"The political economy of the Middle East believes in the prosperity and stability of Iraq, which is the birthplace of the economic prosperity of the region and its gradual removal from the scourge of wars, conflicts and tensions. Iraq and the Kingdom have mutual economic needs and high economic attractiveness. Just as Iraq flourishes in agriculture and human knowledge, , And the extension of agricultural food needs (possible) very, Iraq has accumulated needs in the movement of the electricity sector, petrochemicals and fertilizers and a number of allied and opposite industries between the parties and the importance of this in inputs and Ntjat and maximize the chances of return for investment in the two parties. " 
 
World markets
"The kingdom, by virtue of its economic relations with the world markets (being among the 20 most powerful economic groups), will open wide horizons for the growth of the Iraqi economy," he said. "The Kingdom is strategically located and its strong maritime relations between the Gulf, the Red Sea and the Red Sea, The balance of economic relations between Saudi Arabia and Iraq will inevitably lead to the balance of all regional relations and the supremacy of the positive views on the entire Middle East region in order to move from the theater of war to the stage of development, reconstruction and prosperity and to build important platforms for economic Yat peace.
Common interests
Economist Haider Kazem al-Baghdadi stressed that "economic development requires that we have economic integration with the regional environment first and international in general, and the common interests with a country that has all the elements of the work and is a renewed work opportunity represents the ambition of major global companies, where the elements of the promotion of production As well as the existence of a major market that contributes to the benefit to all parties to work. "
He pointed out that "Iraq on the threshold of a new economic phase started from the real form of communication, many agreements with Saudi Arabia, which requires that we work differently from the previous phase, away from all forms of confusion that accompany the economic chapter and have a real development and to support The public sector is supported by the private sector, which has the responsibility to work on the management of the national economy. 
 
Achieve integration
"Iraq has the economic capabilities and the elements of success, and this requires that we be one hand reflects a positive image of a new reality aimed at achieving integration with the Kingdom, which has economic capabilities that can contribute effectively to the development process of Iraq." 
"Iraq is capable, through cooperation with its regional environment, to be a regional and international production center and can employ its geographical position to achieve this goal," he said. 
 
Dream land
The exiled economist, Saif al-Hilfi, had previously asked Sabah to "work on the re-export legislation, which is the most important pillar of the development of the transport sector in Iraq, and allows the country to be a commercial and international starting point for the goods it imports from various international destinations. Especially as many of the specialized international companies listed on the international labor list monitor the legal environment in the country that wants to go to work and invest in it, through law experts have. Pointing out that "Iraq represents the land of dreams for most of the world's specialized companies, through which it can restore life to all economic joints, productivity and service, and Iraq has a large and wide work space can attract the international effort and make it an active contributor to the development of the economy
A specialist on the economic Ghadir Al-Attar had indicated that Iraq with its natural resources and human resources are able to achieve rapid economic development when the appropriate conditions for this, where the cycle of industrial production can be rotated during a brief period, as well as the agricultural sector with its beneficiaries, taking advantage of the wealth available, Iraq's geographical location on the world map, which qualifies it as an industrial starting point for international companies towards different destinations of the world. "
 
Mutual benefit
Iraq seeks to strengthen economic and trade relations, especially with neighboring countries, including Saudi Arabia, which would achieve economic integration that reflects positively on the mutual benefit and the development of the economic reality of the country, especially after the signing of 13 economic agreements with Saudi Arabia.
The Iraqi Minister of Trade, Mohammed al-Ani, disclosed the details of memorandums of understanding and agreements signed with Saudi Arabia.
"The memoranda of understanding and agreements signed by the Iraqi delegation headed by Prime Minister Adel Abdul Mahdi, with Saudi Arabia will open the doors for advanced relations in all fields and that the signed memoranda will have positive and effective repercussions on the economy," Al-Ani said. 
Iraq".
He added that "Iraq seeks to open up to its Arab environment and build good relations with neighboring countries," noting that "the agreements we signed in Saudi Arabia will be implemented on the ground soon in all parts of Iraq," noting that "the visit has achieved successful meetings with Saudi officials and businessmen" .
He also stressed that "these agreements will revive the private sector in Iraq and its development to take its role in the economic process."
 
Overcoming obstacles
The economic researcher Aya Adel believes that the stages of trade and economic relations between the two countries start first with a partnership and then develop to reach the stage of the agreements then the stage of economic integration.
Adel pointed out the importance of the role of the joint committees composed of the relevant ministries from Iraq and the other counterpart countries as "working to overcome the legal and administrative obstacles that would not prejudice the policy of the two countries except in the development of mutual interests and mutual benefits."
She added that "the work of these committees is also focused on the organization of trade exchange mechanisms and activate the work of customs, including customs tariffs, asserting that Iraq has concluded with the Saudi side 13 trade agreements recently paved for signing the presence of more than 60 Saudi companies at the Baghdad International Fair.
She stressed economic researcher "the need to develop economic relations with all neighboring countries, which would meet the demand of the Iraqi market of various products because Iraq is still a consumer country, noting that domestic production has difficulty in reaching the Iraqi consumer because of weak marketing.

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New phase


Saturday, 20 April 2019
Abdul-Zahra Mohammed al-Hindawi


Saudi Arabia's interest in the visit of Prime Minister Adel Abdul Mahdi and the large delegation accompanying him to Riyadh has shown great interest, pointing to the beginning of a new phase of the bilateral relations between Baghdad and Riyadh, especially that this important visit was preceded by the visit of a Saudi delegation, Baghdad a few weeks ago, was crowned with good results in the framework of the Iraqi Coordination Council - Saudi Arabia.

 It is clear that broad horizons will be witnessed in the relations between Iraq and Saudi Arabia, the positive results will be reflected on the reality of the countries of the region, and perhaps the convening of the Parliaments of neighboring countries of Iraq was consistent with the results of Abdul Mahdi's visit to Riyadh.

As for the results of the visit, the economic impact is certainly the first of the results. Most of the issues dealt with by the two parties in the discussion and discussion are economic, reconstruction, recovery and development in the liberated areas and Iraq in general, according to the plans and priorities set by the government Iraq.

 This analysis confirms the nature of the composition of the Iraqi delegation accompanying the Prime Minister. In addition to the ministers, senior officials and heads of bodies, the Iraqi private sector was present strongly through the participation of about 85 Iraqi businessmen in the fields of industry, agriculture, energy and that.

 The visit also resulted in the signing of a number of memorandums of understanding and agreements signed by the ministers and officials of the two governments. They dealt with very important aspects in the field of tax exemptions, land, sea and air transport, to her.

 As there are two border crossings between Iraq and Saudi Arabia are the port of Arar and the implementation of a beautiful, which will have an important impact on the movement of Iraqi pilgrims, especially the port of Arar, comes in parallel with the approval of the Saudi side to increase the number of pilgrims to 50,000 pilgrims annually, an important step in Shorten the waiting period for many Iraqi citizens who wish to perform your duties Pilgrimage .

The joint memorandums of understanding included other important aspects, mutual recognition of specifications and examination of goods and products between the two countries, memorandums of understanding in the fields of energy, agriculture, water desalination, capacity development, and contribution to reconstruction operations, and certainly important results such as those resulting from the visit require the Iraqi side , To be at the level of the next phase of the development of bilateral relations, and to work to invest the Saudi turn to work in all areas, after the major Saudi companies offered attractive offers to work in Iraq, and here, it requires a number of actions, Plan a clearly defined way to resolve the problems surrounding the economic and investment landscape, will give a message to the other party, that Iraq is ready to provide a positive environment for the work of companies 

The problems that should be stopped are the issue of public-private partnership, the development of the banking sector, and other problems related to infrastructure. There is no doubt that addressing such problems will give positive results to all companies and investors at the local and foreign levels, The prime minister's quartet still has a lot of visits and foreign tours to countries close and far.
 
Each visit will have no less important consequences than the results of his visit to Riyadh and before it to Cairo and Tehran. This means that we are heading for a large international turnout to work and invest in Iraq, The country.

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Quote From Adam’s Wednesday Chat ...

 

======================================================================

I think we're going to see HCL news quicker than they are letting on.

 

To add to that thought, let's consider the current global situations of two other countries that are relevant to Iraq's progression: Iran and Saudi Arabia.

======================================================================

 

Thug Note - It Looks Like Iraq Is In A Center Position For Leverage ! ;) 

 

 

Hopefully Parliament Doesn’t Open The Kimono For Bribes ! :o 

 

:D  :D  :D  

 

 

The "Cold War" between Saudi Arabia and Iran .. Will it turn into a direct war or will it be stopped by the younger generation?

 
Saturday, 20 April 2019
 
57331395_541014636423901_9170497961489072128_n.jpg
 
Special: Translation - سعد عبدالعزيز:

Tehran and Riyadh are wasting enormous resources to spend on the cold war between them, which has destroyed the lives of millions of people far from their borders.

But the departure of the United States, close to the region, threatens to ignite a direct war between the poles of the camps, Sunni and Shiite. According to the Israeli writer and analyst, "Shaul Yanai", in an article in the newspaper (Yediot Aharonot) Hebrew, where he addressed the indirect conflict, between the two Shiite regimes, in Tehran and Sinai in Riyadh.

Pointing out that Saudi Arabia and Iran, as pivotal countries in the region, have been competing over the past decade for their influence in the Middle East, and in the entire Muslim world.

Sectarian rivalry ..

Yanai points out that the system of religious rule is dominant in both countries, while each believes that God has been entrusted with the task of spreading the unified message to all Muslims.

Adding that "Saudi Arabia" and "Iran" are not reluctant to use all available means to achieve victory in that war, provided that it revolves away from their common border.

According to the Israeli analyst, the authorities, in both Iran and Saudi Arabia, believe that the age of secular nationalism is over and that it is time to return to Islam as a unified religious and political framework. While the laws of the two countries based on Islamic law according to the doctrine of each of them, but that each doctrine of disbelief the other and believes that it must be eliminated or apostasy at least.

On the brink of direct war ..

The ruling elites in Iran and Saudi Arabia believe that the era of American hegemony in the Middle East is nearing completion. This is what Iran has long known. Ayatollah Khomeini predicted it when he said: Not East, not West, but Islam only. " Sensing that such a transformation would inevitably lead to the victory of the Islamic Revolution in Iran.

On the other hand, Saudi Arabia prefers continued US intervention in the Middle East, but the reality is different. Riyadh is preparing for a day in which it will have to confront Saddam directly without American support with the Shiite alliance led by Iran. .

The seriousness of these concepts, which Riyadh and Tehran espouse, is that it fuels the unprecedented regional arms race, the establishment of local and regional alliances (at least in which Israel participates), and the preparation for the next phase of the Cold War between Iran and Iran. "Saudi Arabia"; the stage of direct war.

Allies of the Sunni and Shiite axes ..

In the event of a direct war between Iran and Saudi Arabia, the Israeli analyst expects that the camp will include Syria and Iraq, as well as several terrorist organizations such as Hezbollah, Such as the Popular Gathering (in Iraq) and Ansar al-Islam (the Houthis in Yemen).

The forces that are expected to support Saudi Arabia are the United Arab Emirates, Jordan and Egypt, and even Israel, whose mission may be to block the forces loyal to Iran, And prevent them from leaving the borders of "Syria" and "Lebanon".

In any case, this is only a possible scenario. It is difficult to predict the role that the armies of Syria and Iraq - which have yet to regain their preparedness - can play in a regional war.

It is also hard to imagine that Jordan would risk a war with Iraq, the strong neighbor in the East.

"Cold War" and the wrong concept!

The concept of the Cold War, the nickname of the last war between the United States and the Soviet Union, is misleading. More than a million people have been killed over the past decade and millions have been wounded in that "cold" war, Witnessed in the Middle East.

More than 20 million citizens have become refugees, both in their own countries and in other countries. Some countries, such as Syria, Iraq and Yemen, have almost completely collapsed after much of their infrastructure has been destroyed. Direct damage is estimated at more than $ 1 trillion, and hundreds of billions are needed to bring the situation back to normal.

Riyadh and Tehran bear responsibility

According to the Israeli analyst, most of the responsibility for killing and destruction lies with Iran and Saudi Arabia, because they have been involved and are still deeply involved in these wars, either directly (as Saudi Arabia intervened in Yemen, just as Iran intervened in Iraq) Syria) or, indirectly, by funding "volunteer" fighters and sending tens of thousands of them to fight on various fronts.

Hope the younger generation!

In conclusion, he stressed that what he called the Islamic extremist ideology, imposed by "Iran" and "Saudi Arabia" on the Middle East, no longer appeal to the younger generation, which represents more than half of the population of the region.

Like its counterparts around the globe, this generation is more critical and open to the world than previous generations; it struggles for more freedoms and rights, and rejects hard-line religious ideas.

It may be this different generation of young men and women in Iran and Saudi Arabia that will put an end to that "cold war" in the Middle East and prevent the risk of turning it into a full-fledged war.

link

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5 hours ago, DinarThug said:

Quote From Adam’s Wednesday Chat ...

 

======================================================================

I think we're going to see HCL news quicker than they are letting on.

 

To add to that thought, let's consider the current global situations of two other countries that are relevant to Iraq's progression: Iran and Saudi Arabia.

======================================================================

 

Thug Note - It Looks Like Iraq Is In A Center Position For Leverage ! ;) 

 

 

Hopefully Parliament Doesn’t Open The Kimono For Bribes ! :o 

 

:D  :D  :D  

 

 

The "Cold War" between Saudi Arabia and Iran .. Will it turn into a direct war or will it be stopped by the younger generation?

 
Saturday, 20 April 2019
 
57331395_541014636423901_9170497961489072128_n.jpg
 
Special: Translation - سعد عبدالعزيز:

Tehran and Riyadh are wasting enormous resources to spend on the cold war between them, which has destroyed the lives of millions of people far from their borders.

But the departure of the United States, close to the region, threatens to ignite a direct war between the poles of the camps, Sunni and Shiite. According to the Israeli writer and analyst, "Shaul Yanai", in an article in the newspaper (Yediot Aharonot) Hebrew, where he addressed the indirect conflict, between the two Shiite regimes, in Tehran and Sinai in Riyadh.

Pointing out that Saudi Arabia and Iran, as pivotal countries in the region, have been competing over the past decade for their influence in the Middle East, and in the entire Muslim world.

Sectarian rivalry ..

Yanai points out that the system of religious rule is dominant in both countries, while each believes that God has been entrusted with the task of spreading the unified message to all Muslims.

Adding that "Saudi Arabia" and "Iran" are not reluctant to use all available means to achieve victory in that war, provided that it revolves away from their common border.

According to the Israeli analyst, the authorities, in both Iran and Saudi Arabia, believe that the age of secular nationalism is over and that it is time to return to Islam as a unified religious and political framework. While the laws of the two countries based on Islamic law according to the doctrine of each of them, but that each doctrine of disbelief the other and believes that it must be eliminated or apostasy at least.

On the brink of direct war ..

The ruling elites in Iran and Saudi Arabia believe that the era of American hegemony in the Middle East is nearing completion. This is what Iran has long known. Ayatollah Khomeini predicted it when he said: Not East, not West, but Islam only. " Sensing that such a transformation would inevitably lead to the victory of the Islamic Revolution in Iran.

On the other hand, Saudi Arabia prefers continued US intervention in the Middle East, but the reality is different. Riyadh is preparing for a day in which it will have to confront Saddam directly without American support system" rel="">support with the Shiite alliance led by Iran. .

The seriousness of these concepts, which Riyadh and Tehran espouse, is that it fuels the unprecedented regional arms race, the establishment of local and regional alliances (at least in which Israel participates), and the preparation for the next phase of the Cold War between Iran and Iran. "Saudi Arabia"; the stage of direct war.

Allies of the Sunni and Shiite axes ..

In the event of a direct war between Iran and Saudi Arabia, the Israeli analyst expects that the camp will include Syria and Iraq, as well as several terrorist organizations such as Hezbollah, Such as the Popular Gathering (in Iraq) and Ansar al-Islam (the Houthis in Yemen).

The forces that are expected to support system" rel="">support Saudi Arabia are the United Arab Emirates, Jordan and Egypt, and even Israel, whose mission may be to block the forces loyal to Iran, And prevent them from leaving the borders of "Syria" and "Lebanon".

In any case, this is only a possible scenario. It is difficult to predict the role that the armies of Syria and Iraq - which have yet to regain their preparedness - can play in a regional war.

It is also hard to imagine that Jordan would risk a war with Iraq, the strong neighbor in the East.

"Cold War" and the wrong concept!

The concept of the Cold War, the nickname of the last war between the United States and the Soviet Union, is misleading. More than a million people have been killed over the past decade and millions have been wounded in that "cold" war, Witnessed in the Middle East.

More than 20 million citizens have become refugees, both in their own countries and in other countries. Some countries, such as Syria, Iraq and Yemen, have almost completely collapsed after much of their infrastructure has been destroyed. Direct damage is estimated at more than $ 1 trillion, and hundreds of billions are needed to bring the situation back to normal.

Riyadh and Tehran bear responsibility

According to the Israeli analyst, most of the responsibility for killing and destruction lies with Iran and Saudi Arabia, because they have been involved and are still deeply involved in these wars, either directly (as Saudi Arabia intervened in Yemen, just as Iran intervened in Iraq) Syria) or, indirectly, by funding "volunteer" fighters and sending tens of thousands of them to fight on various fronts.

Hope the younger generation!

In conclusion, he stressed that what he called the Islamic extremist ideology, imposed by "Iran" and "Saudi Arabia" on the Middle East, no longer appeal to the younger generation, which represents more than half of the population of the region.

Like its counterparts around the globe, this generation is more critical and open to the world than previous generations; it struggles for more freedoms and rights, and rejects hard-line religious ideas.

It may be this different generation of young men and women in Iran and Saudi Arabia that will put an end to that "cold war" in the Middle East and prevent the risk of turning it into a full-fledged war.

link

Interesting read. 

 

Thanks, Thug.

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Sunday، 21 April 2019 02:19 PM

Saudi Arabia praises Iraq for restoring international role

https://www.thebaghdadpost.com/en/Story/38643/Saudi-Arabia-praises-Iraq-for-restoring-international-role

 

The Saudi Shura Council has congratulated Iraq on restoring its international role.


While addressing the parliaments' conference, which was hosted in Iraq, Speaker of the Kingdom of Saudi Arabia's Shura Council Dr. Sheikh Abdullah bin Mohammed bin Ibrahim Al Al-Sheikh hailed the efforts exerted by King Salman bin Abdulaziz and the Crown Prince to enhance and consolidate bilateral relations.

Moreover, he described the latest developments, notably following a recently concluded visit of the Iraqi Prime Minister Adil Abdul-Mahdi to Riyadh, as a promising gesture that boosts the bilateral ties and serves the two peoples interests.

The Shura Council Chief also expressed wishes of success in maintaining stability and security and pleasure at visiting the country as it recovered and resumed its role, on the regional as well as the international arenas.

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Saudi and Iranian firms vie for business at Erbil trade fair 

By Rudaw 20 minutes ago 
 
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ERBIL, Kurdistan Region – Two hundred companies are taking part in a joint four-day construction and oil and gas fair in Erbil to promote investment in the Kurdistan Region and other parts of Iraq. 

The 11th Erbil International Building - Construction, Municipal Equipment & Machinery Exhibition and the Fifth Erbil Oil & Gas International Exhibition was held simultaneously under the supervision of the KRG Reconstruction and Housing Ministry and Oil and Natural Resources Ministry. 

Foreign firms are attending from 15 countries – including regional rivals Saudi Arabia and Iran. 

The fair was opened by Deputy Prime Minister Qubad Talabani and attended by officials from the KRG and the Iraqi government. 

Erol Guler, export manager of Turkish firm Aydin Boru, told Rudaw English they are “keen to work in the Kurdistan Region as it is rapidly developing especially in the field of gas and oil.”
 
The firm sells oil pipes and related materials.

He described the fair “an opportunity” to sign contracts with the Region and firms working in the sector.

Aydin Boru operates in 20 European and Middle Eastern countries. 

“This is the first time for us to have come to the Kurdistan Region,” he said. 

Iranian firms also attended the fair – many of them looking to invest in the Region for the first time. 

“We have plans to operate across Iraq including Mosul,” Babak Ziaie, manager of Iranian firm Tanha Pouland, told Rudaw English.

Tanha Poulad works inconstruction selling building materials. According to the company’s manager, they operate across Iran and hope to expand into Azerbaijan and Russia. 

Russia’s Rus Construct, which has been operating in the Kurdistan Region since 2015, building a number of trade and residential towers in Erbil, is taking a keen interest in the reconstruction of war-torn Mosul.

“Our objective is to work in other parts of Iraq and particularly Mosul if the security situation there allows,” Saman Soro, senior coordination officer at Rus Construct, told Rudaw English.

However, the dominate party at this year’s Erbil International Fair is Saudi Arabia.   

“This is the first time that 22 Saudi companies have taken part. They are giant Saudi companies,” Abu Bangin, head of the Erbil International Fair, told Rudaw. 

“The Saudis want to bring their assets to the Kurdistan Region and start investment here,” he said.
 
The fair comes “as the economic crisis is ending, Daesh has been eliminated, [and] airports have reopened,” Bangin said, using the Arabic acronym for the Islamic State (ISIS).

After the Kurdistan independence referendum in the fall of 2017, Baghdad took punitive measures, including an embargo of the Region’s two international airports in Sulaimani and Erbil. Both reopened in 2018. 

This is the first fair of its kind since 2015. 

Bangin said “the stability of the Region” had made this year’s fair such a success. 
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Iraqi parliament speaker in Erbil, due to meet with senior officials

31 minutes ago
 

http://www.kurdistan24.net/en/news/2e447dca-3191-4828-aafe-b4bd777cefc0?platform=hootsuite

 

Iraqi parliament speaker in Erbil, due to meet with senior officials
Iraq’s Parliament Speaker Mohammed al-Halbousi arrives in the Kurdistan Region capital of Erbil on April 22, 2019. (Photo: Kurdistan 24)
 

ERBIL (Kurdistan 24) – Iraq’s parliamentary speaker Mohammed al-Halbousi on Monday arrived in the Kurdistan Region capital of Erbil and is set to meet with senior Kurdish leaders and officials during his visit.

The trip comes two days after a parliamentary delegation from the Kurdistan Region visited Baghdad to meet with an Iraqi counterpart and participate in the summit held in the capital between top legislators from Iraq’s regional neighbors, hosted by Halbousi.

Upon arrival at Erbil International Airport in the afternoon, the speaker was welcomed by his Kurdistan Region counterpart Vala Fareed. Following this, they held a meeting, attended by deputy parliament speakers from both sides, among other officials.

The Iraqi speaker is expected to meet with senior officials, including Kurdistan Regional Government Prime Minister Nechirvan Barzani, and Kurdistan Democratic Party (KDP) leader Masoud Barzani.

They are due to discuss a range of issues with a focus on the developing relations between Baghdad and Erbil. 

 

 

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