A delegation from the region will visit Baghdad next Sunday

Date of release: 2018/4/5 22:26

(Baghdad: Al Furat News) An official in the Ministry of Commerce and Industry in the Kurdistan region, the visit of a delegation from the Bank of the region to the federal capital Baghdad, to solve the problem of the dues of farmers Erbil.

The director general of the ministry’s cabinet, Nozad Adham, said in a press statement on Thursday that a check for 41 billion dinars, the dues of the farmers of Arbil for the years 2016 and 2017, arrived in the region, but so far has not been disbursed by the federal government.

Adham added that a high delegation from the Bank of the region will visit Baghdad on Sunday, to solve the problem of farmers and the payment of dues ”

He stressed that” the farmers should not pay the tax of political differences and receive their dues, “stressing that” delayed payment of dues farmers affect negatively on The work of the peasants and their livelihood. ”


Kurdish Deputy: There are positive signs to blur the differences between Baghdad and Erbil

Iraq News Now



Kurdistan Democratic Party (NDP) MP Najeeb Najib said on Thursday that there were positive signs that the differences between the governments of Baghdad and Erbil would be blurred.

Najib told al-Ghad Press that “there are intensive dialogues and meetings between the governments of Baghdad and Arbil can be described as good and positive to resolve and end the crisis, especially after the lifting of the ban on airports in the Kurdistan region and pay the salaries of employees.”

“The differences still exist and many things have not been resolved,” she said, adding that “there are positive signs to zero in full, especially oil and gas files and financial files.”

She pointed out that “ending the problems will be reflected positively on the security and economic aspects and promote the economy and serve Iraq and all Iraqis.”

She pointed out that “the acceptance of Baghdad to sit at the table dialogue with Arbil Shi important and positive and sends a real intentions to end the differences.”

It is noteworthy that the federal government announced earlier, lifting the ban on the airports of the Kurdistan region in Arbil and Sulaymaniyah.


Peshmerga reveal US aid to Iraq .. Of which share for Kurdistan

Twilight News

35 minutes ago

“The Ministry of Peshmerga, Thursday, it will hold a meeting with the Ministry of Finance next week, to agree on a new system of salaries of the Peshmerga, revealing US financial aid to Iraq, including a share of the Kurdistan Region.

The secretary-general of the Peshmerga Ministry, General Jabbar Yawar, told a news conference in the city of Sulaymaniyah that the Ministry of Finance in the provincial government did not provide them with any details about the new system of salaries of the Peshmerga forces, adding that the two ministries are scheduled to meet next week to discuss the issue and agree on the system and ratios Saving from the salaries of the Peshmerga.

He explained that the Peshmerga forces received the salaries of the past two months by implementing the system of savings, ranging between 5% to 50%, pointing out that the United States and during the war against a supportive organization, twice provided financial assistance to the Peshmerga forces, explaining that the first aid amounted to about 415 million US dollars For 13 months, and paid part of the salaries of the Peshmerga of this amount.

Yawar pointed out that the United States this time will provide financial assistance to the Iraqi forces in general, about 850 million dollars, explaining that the share of the Peshmerga forces of this amount will be about 365 million dollars, and will be monthly deposit of 25 billion Iraqi dinars in the account of the Ministry of Finance and Economy Government of the region to pay the salaries of the Peshmerga.

The adviser to the Ministry of Peshmerga Major General Bakhtiar Mohammed told Ashqaf News on Wednesday that the proposal of the International Coalition on the redeployment of the Peshmerga in the disputed and coordination on this, is welcome by his ministry, although lacks clear mechanisms.

He cited Mohammed successfully “the mechanisms that have been followed previously between the federal forces and the Peshmerga forces, specifically in the years 2008 and beyond, as there was a mechanism for joint action from Nineveh province to Khanaqin.”

The Peshmerga forces, as well as Asayish (Kurdish private security forces), have taken control of the disputed areas since 2003, but the Kurdish forces withdrew following the redeployment of Iraqi forces in those areas following the independence referendum.

Joint operations between the Peshmerga, the Iraqi army and the international coalition forces have been in place between 2011 and 2014, before the emergence of a sympathetic organization.

The tasks of joint operations were to “maintain security in the disputed areas in the provinces of Diyala, Kirkuk, Salahuddin and Nineveh.”

The disputed areas between the Iraqi government and the Kurdistan Region, the most important areas of dispute between the two sides since 14 years and an area of about 37 thousand square kilometers.

Between these areas, a strip of length of a thousand km extends from the border with Syria to the Iranian border, and is located in the south of the three provinces of Erbil, Sulaymaniyah and Dohuk autonomous region.

The disputed areas, where some 1.2 million Kurds live, are located in Nineveh, Erbil, Salahaddin, Diyala and Kirkuk provinces, the most disputed areas between Baghdad and Erbil.



two companies sign oil deal with Iraq

Twilight News

54 minutes ago

The Oil Ministry has signed a two-year contract with Anton Oilfield Services and Petrofac to operate the giant Majnoon oilfield, two oil executives said on Thursday.

The two companies are to operate the field in the south of the country on behalf of the Iraqi government’s Basra Oil Company, which receives operations from Royal Dutch Shell.

Shell announced its intention to exit the field, which began production in 2014, by the end of June.

The two officials said the Majnoon field contract with Anton and Petrofac could be renewed after two years.

The co-executive officers, one Iraqi and one foreign, asked not to be identified.

The Basra Oil Company said in February it plans to increase production from Majnoon field to 450 thousand barrels per day in three years from 240 thousand barrels per day now by adding a new production platform.

Iraq is OPEC’s second largest oil producer after Saudi Arabia and produced 4.4 million bpd of crude in March.

Iraq is producing less than its full capacity of around 5 million bpd under an agreement between OPEC and other producers, including Russia, to curb global supplies to boost oil prices.

The Iraqi government this week announced plans to increase the country’s production capacity to 6.5 million bpd by 2022.



Photos: Haidar Abadi from Tokyo: There are great investment opportunities in Iraq


Thursday, 05 April 2018 09:19

Prime Minister Haider Abadi, on Thursday, the existence of significant investment opportunities in all Iraqi provinces, stressing that his country is fighting for humanity.

“His government has succeeded in halving the number of displaced people to their areas of residence,” Abadi said, while attending the Iraq Reconstruction Conference held in Tokyo, according to Alsumaria News. “The number of displaced people has reached five million, and we succeeded in getting half of them back.

Abadi pointed out that the return of displaced persons was voluntary, stressing at the same time that the weapon be in the hands of the state only.

“We are fighting not only for Iraq, but for humanity,” Abadi said, noting that there are significant investment opportunities in all Iraqi provinces.

Prime Minister Haidar al-Abadi arrived in Tokyo on Tuesday to head a government delegation to boost bilateral cooperation in various fields, open investment horizons for Japanese companies and attend a Tokyo conference on supporting job creation, vocational training and reducing arms circulation in Iraqi society. .

Iraqi Prime Minister Haidar al-Abbadi and his Japanese counterpart


Jubouri announces a planned visit to Kurdistan and confirms: We do not deny the aspirations of the region to live well

Policy  2018/04/05 14:37  89   Editor: hr

Baghdad today – follow-up

The President of the House of Representatives Salim al-Jubouri, on Thursday, close to the direction of the Kurdistan region, especially after the resolution of the crisis with Erbil, a large proportion, as he put it.

Jubouri said in an interview with the newspaper today, the seventh Egyptian, followed by (Baghdad today), “The crisis with the Kurdistan region has been solved by a large percentage.”

He added: “We will have a visit within days to the territory, which began to believe in the need to engage in the unity of Iraq.”

He continued Jubouri saying: “We do not deny the aspirations of the region to live well and achieve its interests,” pointing out that “the people of Kurdistan deserves all the best.”

Relations between Baghdad and the region have been strained after the Kurdistan referendum referendum on the separation of 25 September 2017.

In October 2017, the House of Representatives, headed by Jubouri, voted on a resolution that caused more strained relations, giving the prime minister the green light to enter the disputed areas, which led to the Peshmerga clash with the federal forces.

The recent visit of al-Jabouri, to the Kurdistan region, coincided with tensions in the relations between Baghdad and Erbil, where the President of the Council condolences the death of the late President Jalal Talabani.


Iraq is discussing with the World Bank to help Iraq with real estate finance

Economy News _ Baghdad

The Under Secretary of the Ministry of Construction and Housing, Istbork Al-Thouk, discussed Thursday with the delegation of the World Bank headed by financial adviser to the finance sector, Sayed Mahdi Hassan, prospects for joint cooperation between Iraq and the World Bank in assisting the Iraqi government in housing finance.

The World Bank’s contribution to the reconstruction of liberated areas, rehabilitation of infrastructure, reconstruction of damaged bridges and ensuring the return of displaced persons to their areas were discussed, the ministry said in a statement.

He added that the projects implemented by the ministry and the proposed projects have been reviewed and the areas that the World Bank can support to contribute to the reconstruction process as international institutions in support of post-conflict reconstruction plans are the core of the World Bank’s mission to seek financial assistance and strategies for developing countries.

He stressed the need for World Bank representatives to put in place close working arrangements for quick results, calling on the World Bank and donors to support institutional development and help build capacity for sustainable development.

On the other hand, Financial Advisor Sayed Hassan presented the World Bank’s vision to work in Iraq and its contribution to the development of solutions to reduce financial risks on the state budget by raising the efficiency of the management of housing finance in the field of housing and the development of concessional lending frameworks for citizens affected by conflicts.

According to the statement, it was agreed that the delegation will visit the housing fund and study the possibility of financing the World Bank in the field of expanding lending to citizens, especially in liberated areas. The World Bank can provide expertise to strengthen the governance framework and develop mechanisms to reduce the credit risk within the housing fund and make it sustainable.


Central Bank: Progress payments system led to control the flow of money

Editorial Date: 2018/4/5 10:55

The Central Bank of Iraq said that the progress of the work of the Iraqi payment system during the past period led to a significant control over the flow of funds inside Iraq and provide a comprehensive database and accurate on all transfers within the scope of the financial sector and banking, through a group of The measures and precautions that have been implemented and are currently working on, including the modernization of the payments system in all its components according to international standards.

A statement issued by the bank received the agency {Euphrates News} a copy of it, “This update was aimed at absorbing the increasing volume of transactions that are carried out through this system to be easily compatible with various banking systems, and one of the most important systems operating in the Central Bank, the RTGS system, In 2006 and the C-ACH Clearinghouse System, which was implemented in 2011, which provides a comprehensive database of all transfers for the settlement of electronic instruments and inter-bank payment orders. ”

“The central bank has issued a set of instructions and precautions for banks to reduce the risk of exchange of sukuk through the system.”

According to the statement, the Central Bank of Iraq, which includes members from within and outside the central bank, will contribute to the development of strategies for the development of payment and settlement systems and follow up their implementation, and to promote international best practices.

He pointed out that “the bank has implemented a number of measures taken, including the application of the IBAN, which aims to unify the bank account numbers of all banks operating in Iraq, which allows banks to verify the validity of the account number transferred to him. The country has been included in the list of countries that deal with the international number, which does not accept domestic or foreign transfers except within the international number of standards, and in terms of the precautions taken to govern the transfer of funds especially in relation to the electronic instruments that are transmitted through the In addition, the security standards have been standardized for electronic instruments drawn on banks for the purpose of preventing them from forgery, as well as the addition of new functions for the system to enable banks and their branches to control the process of sending and receiving instruments and preventing the passing of forged or stolen instruments. Drawn on it for the government banks to be settled on time, and the suspension of instruments that enable the bank to stop any instrument and its location in the case of theft or forgery.

“The Central Bank also implemented the internal clearing system between the branches of the same bank, which enables government banks that do not have a comprehensive banking system to complete all transfers of branches and provide a comprehensive database to conduct the process of matching efficiently between public administrations and branches.

The statement pointed out that “one of the important projects that the Central Bank has implemented the infrastructure project of the payment system, which consists of the National Retail Bank, which supports the clearing between banks for transfers by customers and transactions that are using ATM machines and points of sale through cards Which is linked to the bank account, and the system of mutual payment by mobile phone, where funds will be transferred through e-wallets without the need for a bank account, and can also make transfers for payment of bills and shopping.

He pointed out that “recently came the project of localization of salaries of state employees based on the decisions of the Secretariat of the Council of Ministers No. 313 and 281 to convert the system of payment of salaries to employees, including allocations and benefits to an electronic payment system through the opening of bank accounts for employees in banks (government and civil and branches of foreign banks) A city associated with the account to withdraw the salary through ATMs or through the process of buying from points of sale at the lowest possible cost, as well as benefit from other banking services such as {loans, online purchase services, savings accounts … etc), where this project contributed to Fair liquidity within the banking sector and optimize the use of financial and banking services inside and outside Iraq. ”


Iraq and Japan sign a contract for the water project “big”

Twilight News

23 minutes ago

Iraq and Japan signed two agreements in the Japanese capital Tokyo on Thursday to complete the large water project in Basra to provide water to the people of the city of Basra, while the second agreement on the reclamation of land between the Euphrates and Tigris in the irrigation sector of the second phase.

Where the ceremony was held in the presence of Prime Minister Haider Abadi and Japanese Prime Minister Shinzo Abe.

“Japan will support Iraq in the field of reconstruction as well as the international community,” Shinzo told a news conference after the signing. “Iraq’s experience in fighting terrorism and winning it deserves praise and study.”

While Abadi pointed out that “Iraq wants to strengthen relations with countries, including Japan, and we moved to the stage of construction and reconstruction and we will win it as we have won on a supporter.”

“We discussed with Japanese officials the development of sectors, oil, energy, electricity, services, education, industry and others, maximizing the potential of Iraq, and we have shown enthusiasm for Japanese companies to work in Iraq,” he said.



talking from Kurdistan on the latest developments of the negotiations between Arbil and Baghdad and assess them

Twilight News

3 hours ago

“The Secretary-General of the Council of Ministers on Thursday on the continuation of dialogues to resolve all differences and outstanding issues between Erbil and Baghdad.

“The relations between the two sides are growing and are starting to bear fruit, such as the reopening of airports and border crossings in the Kurdistan region and the sending of salaries,” al-Aalak told reporters on the sidelines of the ceremony of condolences of Delvan Barzani, the brother of Kurdistan Region Prime Minister Nechervan Barzani.

“The discussions are continuing to resolve the differences between Arbil and Baghdad and we hope to reach solid results.”