KTFA:
Samson: Tomorrow.. The launch of the Iraq Building and Construction Exhibition, with wide international participation
20th November, 2022
An Iraqi company specialized in organizing international exhibitions announced, on Sunday, the completion of preparations for the launch of the Iraq Building, Construction and Infrastructure Exhibition on the Baghdad exhibition grounds, with the participation of more than 130 Iraqi, Arab and foreign companies.
“The exhibition will start tomorrow, Monday, from the 21st to the 24th of this month, with the participation of more than 130 companies specialized in the field of construction, construction,” said the director of “Al Sorouh” company, Muhammad Salman Al-Enezi, to Shafaq News agency.
And that “the exhibition will witness the display of everything related to building materials, decorations, modern construction technology, consultations, energy systems, machinery, industrial machinery, cement and concrete products, interior design services, and building and construction tools and supplies.”
Al-Enezi pointed out, “The importance of holding such exhibitions, to support the state’s sectors and the exchange of experiences and modern technology, in a way that contributes to the establishment of investment projects that serve the country in the fields of construction, construction and infrastructure.”
He pointed out that “the participating companies compete through the products they offer that form the cornerstone of developing the infrastructure needed by the local market.” LINK
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Samson: A parliamentarian accuses private banks of smuggling currency and money laundering
19th November, 20224
Saturday, the deputy of the State of Law coalition, Jassem Atwan, accused private banks of smuggling currency and money laundering in the previous period, calling on the new government to control the doors of currency smuggling out of Iraq.
Atwan said in an interview with “The Information”, that “the currency smuggling file is controlled by the 75 private banks,” stressing that “the improvement in the economic file starts from controlling the currency smuggling file in order to ensure an increase in the state’s foreign reserves.”
And he continued, “There are illegal practices that occurred in the recent period from private banks, through which currency was smuggled and money laundered.”
He added, “Some private banks are working to weaken the value of the Iraqi dinar in order not to increase the cash reserves of foreign currency,” noting that “the continuation of currency smuggling threatens the cash reserves and opens new doors for corruption that cannot be controlled in the future.”
And earlier, the economic expert, Abd al-Rahman al-Mashhadani, said in an interview with Al-Maalouma, that “the Iraqi Central Bank selling huge numbers of dollars daily is very suspicious compared to the volume of Iraqi imports,” stressing that “the only beneficiary from selling such numbers reached 200 million dollars a day are the private banks that benefit 20 cents from the dollar and one. LINK
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