Iraqi News Highlights Friday Evening 12-9-22
Tlm724 Administrator Bondlady’s Corner
Al-Sudani To The Participants In The Arab-Chinese Summit: I Invite You To Open Up The Economy To Iraq
Money and business Economy News – Baghdad On Friday, during his speech at the Arab-Chinese Summit for Cooperation and Development, Prime Minister Muhammad Shia al-Sudani affirmed that the government will focus on developing the economy and providing services, announcing Iraq’s support for strengthening relations of cooperation and friendship between Arab countries and China.
In his speech, according to a statement by the Prime Minister’s Media Office, Al-Sudani praised the importance of holding this summit and said: “It comes within a deep understanding of the international arena, so that we can adopt a balanced and complementary foreign policy that serves the interests of our peoples and countries and promotes stability and prosperity.”
He added, “Iraq supports all efforts aimed at strengthening the steady relations of cooperation and friendship between the Arab countries and China,” noting that “this summit is an opportunity for economic integration in our region by strengthening cooperation with China, and benefiting from Chinese experiences in various fields, without forgetting the experiences of Fighting poverty and epidemics, developing agriculture in salt water, and efforts to combat desertification.
He pointed out that “Iraq has long-standing relations with China that have gained a growing amount of interest and development over the past years at the governmental and popular levels,” noting that “Iraq is looking forward to strengthening partnership within the Belt and Road Initiative, and within the fields of investment, energy and infrastructure projects.”
Al-Sudani stressed that “our steps in the next stage will focus on a number of areas, including: developing the economy and providing services, and I invite you today to open up the economy to Iraq, as it represents a promising environment for investment, and has important human and material success ingredients.”
He pointed out that “our region is the heart of the world and the link between the continents of Asia, Africa and Europe, and occupies a distinguished strategic position in the field of energy, and Iraq is the center of this region historically and culturally, and among the most important oil-exporting countries in the world.”
The Prime Minister affirmed Iraq’s keenness on the stability of the global economic system through its role as a founding member of OPEC, noting that “we aim with our partners to achieve stability in oil production and prices in a way that achieves the balanced interests of producers and consumers.”
Views 15 Added 12/09/2022 – 7:23 PM Updated 12/09/2022 – 7:30 PM
https://economy-news.net/content.php?id=31247
A Slight Decrease In The Exchange Rate Of The Dollar In Iraq
Economie| 09:23 – 09/12/2022 Baghdad – Mawazine News Today, Friday, the exchange rates of the dollar witnessed a slight decrease in the local markets. And the selling prices of the dollar were recorded at 150,200 dinars per 100 dollars, while the buying prices of the dollar were recorded at 150,100 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=213659
A Government Bank Decides To Grant Advances Electronically Early Next Year
Economie| 08:56 – 09/12/2022 Baghdad – Mawazine News Al-Rafidain Bank announced today, Friday, its intention to grant advances electronically early next year.
The bank stated, in a statement, of which Mawazine News received a copy, that “applying for advances will be through the electronic bank application.”
And he added, “Submission stations will be provided in the branches for those who are unable to apply through the application.” https://www.mawazin.net/Details.aspx?jimare=213656
A New High In Oil Prices
Economie| 08:41 – 09/12/2022 Follow-up – Mawazine News Oil prices rebounded today, Friday, as the closure of a major pipeline transporting crude from Canada to the United States disrupted supplies, but prices remained near the low levels recorded in December 2021, amid fears of slowing global demand growth.
Brent crude futures recorded $76.74 a barrel, up 59 cents, or 0.8%, after falling 1.3% on Thursday.
US West Texas Intermediate crude rose 68 cents, or 1%, to $72.14 a barrel, after it recorded a 0.8% decrease when settling in the previous session.
News of an accident that led to the closure of the Keystone pipeline of the Canadian company “TC Energy” in the United States, led to a short-term rise yesterday, Thursday, but prices fell in the end, as the market considered that the closure would not last for long.
More than 14,000 barrels of oil spilled into a small stream in Kansas, making it one of the largest crude spills in the United States in nearly 10 years. https://www.mawazin.net/Details.aspx?jimare=213654
Britain Confirms The Support Of The Kurdistan Region In The Field Of Global Food Supplies And Investment In Banks
Posted On2022-12-09 By Sotaliraq The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, spoke in a telephone conversation, on Thursday evening, with the British Minister of State for Middle East and South Asian Affairs and the United Nations, Lord Tariq Ahmed.
Both sides agreed on the importance of protecting security and stability in Iraq and the Kurdistan Region.
The Prime Minister referred to the development in relations between the Kurdistan Region and the United Kingdom, especially in the areas of security cooperation, education, trade and investment. The Prime Minister also praised the technical assistance provided by the United Kingdom in the electronic transformation of public services and tax reform.
The prime minister also touched on exporting agricultural products and crops from Halabja and Zakho to the UAE and other Gulf countries.
The two sides agreed that Britain could support the regional government in the field of global food supplies and investment in LINK
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