Oil for “Economy News”: National Oil Company will be one of the major international oil companies

Economy News _ Baghdad

The oil ministry announced on Wednesday that the National Oil Company will manage the mining, marketing and infrastructure development sectors, saying it will seek to eliminate bureaucracy.

The spokesman for the ministry, Assem Jihad, told “Economy News” that the National Oil Company will be a national company seeking to develop the oil industry in Iraq as well as management of the sectors of extraction and marketing operations as well as the development of infrastructure.
He added that it will include Iraqi oil companies in addition to the Iraqi marketing company, noting that it will adopt competence and experience in the management of joints and seeks to eliminate bureaucracy and will be one of the largest international companies.

Jihad pointed out that the ministry will take the role of “supervisor and plan and intervention is limited to the joints related to the public good.”

On the management of fields in the Kurdistan region, he stressed that “the law of the National Oil Company indicates that it is a national oil company responsible for all oil activity within the borders of Iraq, including the Kurdistan region,” noting that the company the right to work outside Iraq to achieve the highest benefit and the lowest costs.

He described the oil minister, earlier, the process of voting on the law as “historic decision, which aims to optimize investment for the management of national wealth and protection and development in accordance with programs and mechanisms developed by the honest effort and national administration.”

The House of Representatives voted last Monday on the National Oil Company’s proposed law.


The Central Bank joins a workshop on the settlement of salaries of Maysan employees

Economy News _ Baghdad:

The Central Bank of Iraq organized a workshop to introduce the project to settle the salaries of state employees in the office of the province of Maysan and participated in the workshop a number of Iraqi banks participating in the project to settle salaries.

The central bank said in a press statement received by the “Economy News”, “the Central Bank of Iraq organized a workshop to introduce the project to settle the salaries of state employees, in the office of the province of Maysan and participated by a number of Iraqi banks participating in the project to settle salaries.

He explained that “the workshop included a detailed explanation of the project by the Department of Payments in the Central Bank in addition to offers made by banks to the staff of the Office of the province and officials of spending units in a number of government departments in the province of the nature of services provided during the period of resettlement.

On the other hand, a press statement for the province of Maysan received by “Economy News” the governor of Maysan, Ali Douai, said during his speech at the workshop that “the settlement of salaries is an important step and there is freedom for the employee to choose according to his wishes based on the benefits provided by each bank.

He added that “during the next week will choose every employee of the bank, which he sees fulfilling his wishes to be followed by agreement with those banks and start settling salaries,” stressing that he was the first to settle his salary in banks.

For her part, the Director General of Payments Department in the Central Bank, Dr. Abdul Karim, stressed the importance of resettlement and mechanism set by the Central Bank to implement the decisions of the Council of Ministers No. 313 of 2016 and 281 of 2017, explaining the desire of the Iraqi Central Bank to develop the province in this area, .

She added that “a workshop will be held with traders and owners of large markets (malls), restaurants, hotels and others to activate the subject of points of sale and in cooperation with the province of Maysan.”


Government adviser: the opening of airports in the region after the agreement on the powers of Baghdad

Journal News March 7, 2018

Advisor to Prime Minister Ihsan al-Shammari, the issuance of a warrant “very close” to open airports in the Kurdistan region.

Al-Shammari said in a publication on his own account in the social networking network “Facebook” that he will issue a decree close to the opening of airports in the Kurdistan region after the agreement on the powers of the federal government.

Prime Minister Haider al-Abadi said at the weekly press conference that the regional airports would be opened before international flights before Nawruz.

Information on the imminent resumption of international flights from Sulaymaniyah airport coincided with the launch of the first international flight at dawn today, after a five-month break to Saudi Arabia to transport a number of pilgrims after the approval of Prime Minister Haider Abadi.

It is worth mentioning that the resumption of Umrah flights is the first international air traffic in the Kurdistan region after the Iraqi authorities prevented international flights to and from Erbil and Sulaymaniyah airports in September 2017, as part of the package of measures taken by Baghdad against Erbil after the referendum on independence of Kurdistan.


Washington renews its call for dialogue between Erbil and Baghdad

A foreign speaker refers to a ground floor for that …


07/03/2018 – 10:40

News / Kurdistan

The United States renewed its call for a serious dialogue between Iraq and the Kurdistan Region to resolve all the contentious issues between the two sides.

“Both Erbil and Baghdad should work together, the two sides should resolve their differences by dialogue,” US State Department spokeswoman Heather Noiret told a news conference on Wednesday.

“We have good relations with both parties and we are pushing them for dialogue.”

The Iraqi government led by Haider Abadi, in November last year, the share of the Kurdistan Region in the budget this year from 17 to 12.6 percent, was passed the law a few days ago.

Neuert considered the issue of the federal budget “an internal matter.”

She added that «America has created the appropriate climate to start a serious dialogue between the Iraqi government and the Kurdistan Region on all controversial issues».

Kurdish calls have increased to take a decisive position on the political process in Iraq, including withdrawal from it, and boycott the upcoming elections, in response to the actions and positions of Baghdad.


PUK: Until now, no Kurdish deputy has been informed of boycotting parliamentary sessions after passing the budget

07-03-2018 01:33 PM


Baghdad News –

A deputy of the Patriotic Union of Kurdistan, on Wednesday, not to inform any deputy of the Kurdish blocs to boycott the parliamentary sessions after passing the federal budget by a majority, while noting that any province is linked to a decision issued by political leaders in the Kurdistan region.

Abdul Qader Mohammed said in a press statement that ‘the federal budget was not fair for the Kurdistan region and represented a great disappointment for us’, pointing out that’ our boycott of meetings was limited to meetings in which the draft budget ‘, indicating that’ our presence in the rest of the sessions of Parliament continues without boycott’.

“The political boycott of meetings is linked to a decision issued by the political leaders in the Kurdistan region, which did not happen until the moment has not been notified of any boycott.”