Exclusively for Baghdad .. An important announcement for the company to distribute petroleum products

Editorial Date: 2019/1/16 22:01

(Baghdad: Al-Furat News) issued a company distribution of petroleum products, an exclusive declaration to the people of Baghdad.

The company said in a statement received by the agency {Euphrates News} a copy of “the launch of fuel card No. 5 white oil by 50 liters of the card.”

She drew to “keep card number 3”


Abdul Mahdi calls on all political parties to make dialogue and avoid provoking differences


Editorial Date: 2019/1/16 20:45
(Baghdad): Prime Minister Adel Abdul-Mahdi on Wednesday called on the political parties to prefer dialogue and avoid provoking differences.
“The Prime Minister, Mr. Adel Abdul Mahdi attended the three presidencies meeting held this afternoon, and expressed satisfaction with the spirit of cooperation and understanding prevailing between the three presidencies and focus on issues that serve the Iraqi people and achieve Aspirations “. 
“We need to continue this positive approach,” he said, calling on all political parties to give priority to the language of dialogue and the highest interests of the country and avoid provoking differences. 
“The Prime Minister presented during the meeting a presentation of the recent visits to Iraq, especially the visit of His Majesty King Abdullah bin Al Hussein and the results that resulted from these visits and appreciation of the pivotal and balanced role played by Iraq in its Arab and regional environment.”
He added that “the three presidencies agreed to speed up the adoption of the general budget and completion of the government cab, and support the efforts of the Prime Minister and the government for the success of the ministerial program.”

Coalition Confirms Loss of US Servicemen in Manbij Explosion


Coalition Confirms Loss of US Servicemen in Manbij Explosion

ERBIL – The US-led International Coalition has confirmed the loss of a number of US servicemen in Wednesday’s car bomb explosion in the Syrian Kurdish city of Manbij.

“U.S. service members were killed during an explosion while conducting a routine patrol in Syria today. We are still gathering information and will share additional details at a later time,” Army Colonel Sean Ryan, a spokesperson for the US-led coalition, wrote on Twitter.

However, the official did not specifically mention how many US personnel were killed in the incident, while Hawar News Agency (ANHA) reported that four US soldiers were at a nearby restaurant at the time the blast took place.

At least six civilians were killed, while 19 others were injured in the attack which was carried out in central Manbij.

Soon after the incident, the Islamic State (IS) claimed responsibility for the offensive.


URGENT A meeting of the three presidencies and Saleh confirms the speedy adoption of the budget and the required amendments


Editorial Date: 2019/1/16 19:15 
(Baghdad: Al Furat News) A meeting of the three presidencies took place at the Peace Palace in Baghdad on Wednesday, which included President Barham Salih, Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohamed Halboussi.
The meeting, according to a presidential statement received by the agency {Euphrates News} copy of it, “views on political and security issues and the convergence of visions and understandings between political parties, and the need to keep the street away from tensions and crises between political parties and the adoption of the language of dialogue and avoid escalation media. 
He pointed to “the agreement between the three presidencies to expedite the adoption of the general budget in accordance with the amendments required to strengthen the work of state institutions in providing the necessary services for citizens.” 
The participants also stressed the importance of exerting efforts and promoting joint action for the success of the government program through supporting the Prime Minister in his duties, and follow-up the file of vacant ministries to complete the formation of the ministerial cabin, stressing commitment to constitutional entitlements for the next stage.
The meeting reviewed the results of King Abdullah’s visit and high-level delegations from several countries to Iraq, stressing Iraq’s pivotal role in establishing peace and stability in the region, as well as the openness policy adopted in its relations with brotherly and friendly countries based on respect for national sovereignty and mutual interests. 
They also discussed the latest developments and developments on the Arab and regional arenas

Britain announces a development strategy to help Iraq achieve economic reform

Release date: 2019/1/16 18:07
The British ambassador to Iraq, John Wilkes, announced his country’s development strategy to help Iraq achieve economic reform.
“The Minister of Planning Nuri Sabah al-Dulaimi received in the office of the ministry on Wednesday, the British ambassador in Iraq, John Wilkes, and the delegation accompanying him. During the meeting, they discussed joint relations and means of developing them to serve Interests of the two countries “. 
He added that “the Minister of Planning explained during the meeting the magnitude of the challenges faced by the government executive agencies, especially in the areas of economy and investment, while pointing to the need to support the efforts of the Iraqi government in the reconstruction and achieve stability in the liberated areas.” 
The statement added that “Dulaimi made a presentation on Iraq’s vision for sustainable development for the year 2030, and the difficulties facing the achievement of its objectives, while Dulaimi valued the great support the United Kingdom gave Iraq during the battles of liberation, and its efforts to achieve stability and the return of displaced people.”
For his part, praised the British ambassador, according to the statement, “Iraq’s vision for sustainable development for 2030, declaring his country’s development strategy to help the Iraqi government to achieve economic reform, stressing not to spare any effort to serve Iraq.” is over

The European Union intends to sign two agreements with Iraq


Ambassador of the European Union to Iraq, Ramon Belkwa

Economy News Baghdad
confirmed the European Union ‘s ambassador to Iraq, Ramon Blicua, that the Union had an important role in the Kuwait conference donated 400 billion euros for the reconstruction of the liberated areas, pointing to the existence of two agreements will be signing between Iraq and the Union.
In an interview with the Iraqi Economic and Political Center, Blikwa said in an interview with the Iraqi Economic Center that the financial grants granted by the Union to Iraq go to important projects, which are often in the context of reconstruction.
He added that the European Union has signed several agreements related to the management of public finances, noting that “the last agreement signed with Iraq was in December and two agreements will be signed in the near future, the first will focus on the reconstruction of Mosul and the second to find employment opportunities for residents of the plain Nineveh”.
He added that “Iraq does not owe to the European Union any amount and the Union is keen that the grant to Iraq be a grant so as not to overload the economy does not affect,” noting that “companies operating in Iraq, in the fields of oil, gas, energy and trade, belonging to European countries and not To the European Union and the latter works with Iraq within the framework of the agreement of cooperation and partnership. ”
The ambassador of the European Union that “the obstacles facing the work of companies are the same facing the work of the private sector in Iraq or any foreign company wants to work because the economic policy is a central policy of the private sector faces many difficulties as well as corruption and mismanagement of financial management And public resources, and yet we see a significant improvement and there is a desire for reform, especially in the new government. ”
With regard to the EU’s position on the recovery of those accused of corruption in Iraq, Blakwa stressed the existence of cooperation by the Union in this matter, but must be preceded by “an international request submitted by the Iraqi government,” noting that the EU’s 2019 plan puts in priority ” To develop the partnership between Iraq and the European Union and strengthen this cooperation, especially in areas already worked on, such as reforming the security situation, providing services, supporting governance and managing public finances. ”
“Financial and monetary reform needs several things, including the existence of an effective financial market. This is based on two aspects: the first is public financial management and the second is to create clear rules, rules and laws for the private sector and foreign companies. There are many things that are not clear in the laws of these companies, “The government is working to join the New York Treaty, which works in this context,” he said.


Iraq ‘s economy unifies customs duties with Kurdistan and the rest of the ports and eliminates the points of Kirkuk

Twilight News

29 minutes ago

The Deputy Prime Minister for Economic Affairs, Finance Minister Fuad Hussein, chaired the second session of the meeting of the Committee on Economic Affairs.

The meeting was attended by ministers (Planning, Trade, Industry and Agriculture), the Governor of the Central Bank of Iraq, the Chairman of the National Investment Commission, the economic advisors to the Prime Minister, the representative of the Minister of Oil and Ali Al-Sindi, the Minister of Planning in the Kurdistan Region and the advanced cadres in the Ministry of Finance in the Region. Consultants and general managers.

The Economic Affairs Committee has taken its decision to standardize customs duties at all border ports, including the ports of the Kurdistan Region, as this decision is of great economic importance through the payment of customs duties and a unified tax at all ports. It regulates the flow of goods and commodities and activates trade and standardization of import licenses and documents. In this regard.

The Commission also decided to cancel the current customs inspection and inspection points in Fayda, Shirawa, north of Kirkuk, and Lailan east of Kirkuk, encouraging and developing internal trade and the flow of materials and goods inside Iraq.

The committee also decided to regulate gold and precious metals trade in Iraq. And the Ministry of Transport to work at all border crossings under the law of the Ministry of Transport in force for the purpose of facilitating the work of its relevant structures.

The committee also decided to oblige all outlets to implement national product protection and agricultural calendar commitments in order to promote local products.

These decisions are aimed at promoting economic growth, encouraging and stimulating trade, supporting the private sector, simplifying and standardizing procedures in all state facilities, and providing the state budget with the revenue generated by these decisions.

It is worth mentioning that the above decisions were taken after a series of meetings and meetings between specialists in the federal government and the Kurdistan Regional Government.


The House of Representatives resumes its meeting next Saturday

02:59 – 16/01/19

BAGHDAD – Mawazine News

The House of Representatives on Wednesday raised its meeting to Saturday.

“The House of Representatives decided to adjourn the session and resume on Saturday at one o’clock,” a parliamentary source told Mawazine News.

He added that “the Council has completed the first reading of the first amendment to the law of the Fund for the recovery of Iraq’s funds and amend the Companies Law No. 21 during the meeting.”


A new drop in the dollar in Baghdad and oil rises

Editorial Date: 2019/1/16 11:18

Baghdad: foreign currency markets in Baghdad, on Wednesday morning, a new decline in the exchange rate of the US dollar against the Iraqi dinar.

The market price in the Baghdad Stock Exchange 11996.50 dinars per dollar, or 119 thousand and 675 dinars per hundred dollars, lower than yesterday’s price of 1196.75 dinars per dollar.

The prices of selling and buying dollars in banking companies, was:

the sale price of one dollar 1202.5 dinars, or 120 thousand and 250 dinars per hundred dollars.

The purchase price of the dollar is 1192.5 dinars, or 119 thousand and 250 dinars per hundred dollars.

Foreign Currency Rates, Gold and Oil, {until the preparation of this news}:

EUR World Price: 100 Euro = 114.10 USD The

World Price: 100 Bounds = $ 128.50

Turkish Lira World Price: $ 100 = TRY 551.18

Gold Ounce Gold = $ 1292.00.

The price of a barrel of Brent crude oil = $ 60.76, the

price of a barrel of US crude oil = $ 52.20