International companies seeking to expand their area of ​​activity in Iraq

 

International companies are looking to find the largest area of ​​their products in the Middle East, which is a promising market that greets big companies to be within it strongly.

Ford International is expanding its operations in the Middle East and Iraq in particular, adopting new business mechanisms in cooperation with a local partner to achieve its goals and offering its products in all cities of Iraq. Ford today announced the appointment of Al Qassed Group as a new authorized distributor for sales, Ford cars parts throughout Iraq.

Mittelo Arias, vice president of sales, marketing and services at Mittelo Arias, said: “We have established a new mechanism for distributing tasks within the Iraqi market, which is an important destination for our company. Which they need in a timely manner. ”

“Iraq is a major market for Ford, and this is a very important step for our customers in Iraq. “We have made great efforts with our new partners to ensure immediate service and support for Ford customers, and we look forward to growing and developing our business and delivering the products and experiences of distinguished Ford customers in Iraq.”

“We look forward to reaching out to major international companies to improve the reality of the Iraqi market, which is suffering from a random display that negatively affects the Iraqi family economy by offering products that are not suitable for their lifespan, which made us work with Ford as an importer and authorized distributor, thereby benefiting the benefit audience,

He pointed out that Iraq is in dire need of communication with specialized international companies that have a long history in the market and are working towards maintaining their reputation, as this leads to improving the reality of the Iraqi market and improving the supply process through cooperation with the best international companies.

The company earlier reported a strong demand in Iraq for the new generation of the full-size Ford Expedition SUV, as well as the F-Series, the best-selling truck in America for 41 years in a row. Joining the Ford models at the Al Qassed Group is the Ford Explorer SUV and best-selling in the United States for 25 years.

The call for the creation of a mechanism for the transfer of funds transferred from houses to banks

 

He called on financial analyst to work seriously to contain the shortage of liquidity suffered by the banking sector, which has become the need for real movements to activate the capital cycle through the creation of a new deposit policy based on mutual trust between the customer and private banks.

“The reality of work in Iraq, especially the need for liquidity to finance projects of different, pointing out that the indicators confirm the hoarding of large sums of money in homes, which requires real efforts to transfer this large bloc to the banking system .

She pointed out that the economy in front of a new stage of work requires the creation of an environment that contributes to the transfer of money from houses to banks, indicating that the beneficiary is looking for benefit, banks and business is also looking for benefit.

And stressed the need for a mechanism that employs the funds in the form of guaranteed guaranteed interest to all these parties and thus can support the reality of liquidity and maintain the cycle of capital in Iraq, pointing to the possibility of benefiting from global experiences in this area. 

Abadi: Law of the oil company allocated 10% of oil imports to citizens

 

 

Information / Special …

The Finance Committee announced on Tuesday that the law of the National Oil Company included allocations of 10% of oil imports in the form of bonds distributed to citizens and the application of the law after six months of its legislation.

“The law of the National Oil Company, which was voted by the House of Representatives within the benefits of the Iraqi people of oil and distributed to him in the form of shares,” Committee member Zahir al-Abadi told the agency.

He added that “the law provides for the allocation of 10% of oil revenues distributed in the form of shares of citizens and 90% of the state treasury,” adding that “the receipt of citizens of those funds be through bank accounts open to every citizen in government banks and fall after his death.”

He pointed out that “one of the paragraphs of the law obliged the region to hand over the quantities of oil produced in the fields to the National Oil Company,” asserting “deprive Kurdistan of those allocations in the event of the government of the Territory to deliver oil to the company.”

He continued that “the paragraph of the distribution of imports in the law is implemented six months after the adoption of the law, as proved in one of his paragraphs.”

The House of Representatives voted last Saturday on the law of the National Oil Company

http://www.almaalomah.com/2018/03/06/288835/

Al-Abbadi’s office announces the submission of the budget to the Ministry of Finance and hints at a subsequent government position

 

Information / Special …

The Information Office of the Prime Minister Haider Abadi, on Tuesday, submit the budget to the Ministry of Finance for the purpose of study, while the Board of the position of the government later in case the ministry objected to the changes that occurred.

The spokesman for the Information Office Saad al-Hadithi told (information), “The Prime Minister Haider Abadi Park adoption of the budget as an important step to manage the country’s affairs and move the wheel of the economy and control of economic inflation.”

He added that “the budget has been transferred to the Ministry of Finance as the competent authority to study and know the changes that have taken place in Parliament,” noting that “in the event of any objection by the Ministry on some of the articles and paragraphs of the budget will be announced by the government position in the next time.”

The MP from the National Alliance Mohamed Elkash called on Sunday, 4/3/2018, the government not to challenge the budget after the addition of some paragraphs by the Council before the vote on them.

And voted the House of Representatives, last Saturday, the budget of 2018 amid the province of the Kurds for the voting session.

http://www.almaalomah.com/2018/03/06/288737/

 

Iraqi society is turning Saddam Hussein into a hospital

Iraq turns Saddam Hussein's palace into hospitals
 Twilight News    
 11 minutes ago

An official source revealed the approval of the General Secretariat of the Council of Ministers to allocate the complex presidential palaces in the Adhamiya area to the Ministry of Health to prepare it as a specialized hospital to deal with cases of drug addiction.

The director of the State Real Estate Department Ahmad Al-Rubaie told the official newspaper “Al-Sabah” that “the Presidential Palaces Committee is working on the preparation of the statements and a statement of the reality of presidential shortcomings.” The committees are now working to enumerate palaces in Anbar, Nineveh and Salaheddin governorates for the purpose of completing the inventory, In the Secretariat General of the Council of Ministers to take necessary for the purpose of disposing of those shortcomings.

He added that “the initial view of dealing with the presidential palaces for the government is to transfer them to investment, in addition to allocate them to government departments that require allocation,” noting that “the Department of Real Estate State is in the process of coordination for the purpose of exploiting the complex presidential palaces in Adhamiya by the Ministry of Health for the purpose of As a hospital to combat drug addiction. “

Al-Rubaie said that “the other presidential palaces are in the process of full inventory now, because most of these palaces built on large plots of land and need an inventory with photographs of the restrictions of those properties with a detailed martyrdom of the real estate foreclosure for the purpose of completing the procedures and knowledge of the plots of land built on these palaces for the purpose of disposal According to law. “

http://www.shafaaq.com/ar/Ar_NewsReader/d1ea6ad1-04d9-461d-b0c7-f269ea9e60b1

URGENT Iranian vice president arrives in Baghdad on Wednesday

 

Editorial Date: 2018/3/6 19:42 • 328 times read
(Baghdad: Al-Furat News) Prime Minister Haider al-Abadi announced the visit of Iranian Vice-President Ishaq Jahangiri at the head of a high-level government delegation to Baghdad on Wednesday.
“Iranian Vice President Ishaq Jahangiri will arrive in Baghdad on Wednesday at the head of a large government delegation to discuss the investment process in Iraq,” Abadi said at the weekly press conference today.

Kurdistan Airports to Resume International Flights Before Nawroz: Abadi

Kurdistan Airports to Resume International Flights Before Nawroz: Abadi

ERBIL — The Iraqi central government will lift the international flight ban it has imposed on the Kurdistan Region since last October before the Nawroz (the Kurdish New Year), Prime Minister Haider al-Abadi said.

He said during his weekly press conference in Baghdad that the salaries of the public servants of Kurdistan Region’s ministries of health and education will also be sent before Nawroz.

The Kurdish New Year, better known as Nawroz, is on 21st March.

“We assure the Kurdistan Region’s employees that they will receive their salaries and we will open the airports before Newroz,” Abadi was quoted by Kurdistan 24.

http://www.basnews.com/index.php/en/news/kurdistan/420557