URGENT Source: Iraqi army bombardment in Baagouz east of Syria

Editorial Date: 2019/3/13 0:43

Al-Anbar: Al-Furat News A military source said that the artillery of the Iraqi army bombed the village of Al-Bagouz in the eastern province of Deir al-Zour, near the Iraqi border, the last of the terrorist gangs in the neighboring country.

The source told the agency {Euphrates News} that “the artillery of the army hit a crowning stick in the Baguoz, after the Iraqi forces spotted their movements there by thermal cameras.”

Tuesday’s impending defeat was imminent in the last pocket under his control with the surrender of hundreds of terrorists and their families. The US-backed democracy forces in Syria said the battle was in the “end sentence”.

Reuters reported that hundreds of terrorists surrendered to the forces of the Democratic Syria (Qusd), which began its last attack on the Baguoz, last Sunday, supported by air strikes of the US-led coalition and after a siege of the region for weeks.

Bab el-Bagouz is the last land controlled by Dahesh, who has been expelled over the past four years from territory under his control in Iraq and Syria.

The fierce attack continued late on Tuesday.

Direct footage from the Kurdish television channel Ronahi showed a series of large explosions that light up the night sky in the Baguoz as a result of an apparent explosion of a munitions depot.

Smoke rose above the burning buildings amidst a steady flare of gunfire and explosions

By .. حميد الفهداوي



Governor of the Central Bank announces the lifting of guardianship of the bank «United Investment»

Governor of the Central Bank Ali Alalak “Economy News”

Economy News Baghdad:

The governor of the Central Bank of Iraq, Ali Alaak, the lifting of guardianship of the United Bank for investment after it was imposed on him at the end of last December.

Alaq said in a letter addressed to licensed banks operating in Iraq, and was briefed by “Economy News”, “it was decided to lift the guardianship of the United Investment Bank as of March 5 present.”


of Baghdad , of Washington is on its military presence

Baghdad tells Washington about its military presence
 Twilight News    
 one hour ago

The Iraqi government announced on Tuesday that the American side was informed of the presence of foreign military presence in the country.

“We have informed the US side of Iraq’s priorities regarding the foreign military presence,” Iraqi Prime Minister Adel Abdul Mahdi told a weekly news conference. “Iraq will never be a region of conflict and regional conflict.”

“Iraq can not bear all the devastation it has caused,” he said. “The whole world is called upon to stand with us.”

“Iraq has provided great experience to the world with a courageous revolution, and the world has to give us back the favor,” he said.

Council of Ministers issues several resolutions concerning appointments


The Council of Ministers issues several decisions concerning appointments
 Twilight News    
 25 minutes ago

Shafaq News / The Cabinet issued several resolutions in its meeting held Tuesday under the chairmanship of Prime Minister Adel Abdul Mahdi.

The Council issued the following resolutions:

1 – vote on the demands of the Teachers Union.

2 – Formation of the Preparatory Committee for the Declaration of Samarra, the capital of Iraq for Islamic civilization according to Article (2 / I) of the Samarra law, the capital of Iraq for Islamic civilization.

3 – Support Al – Zawra sports club football in the Asian Champions League.

4 – Ratify the appointments of directorates of education of the provinces of Dhi Qar and Diwaniyah that the province bears the existence of irregularities.

5 – Vote on the joint industrial city between Iraq and Jordan.

6. Vote on the decision to reflect the concept of social security and the responsibility of the state towards its citizens to reduce class differences in society:

– The Ministry of Construction, Housing, Municipalities and Public Works shall:

a. To create suitable areas in all governorates, districts and districts in coordination with all concerned parties for the purpose of expanding the municipal boundaries of cities or implementing the unfinished part of the basic design.

B. Preparing plans and building maps with modern scientific criteria that take into account the future expansions of all the requirements of state institutions, prepare privacy plans using new building materials and reduce energy use.

C. Forming teams in the governorates concerned for expansion purposes in accordance with the law in the case of the need to expand the boundaries of the municipality, including the Amiri lands not burdened with the rights of banking or agricultural contracts until the amendment of the law of acquisition.

– Sorting and distribution of residential land for the categories listed below:

a. (250) dinars, only two hundred and fifty dinars per square meter provided that they have not previously benefited from a piece of residential land of the State in accordance with Resolution (120) of 1982 .

B. The plots of residential land amounting to (300 m2) are sold to the rest of the citizens in an amount of (250) dinars, only two hundred and fifty dinars per square meter, plus the amount of services and the amount of (75000) dinars only seventy five thousand dinars per square meter paid in three installments under the controls Issued by the Ministry of Construction, Housing, Municipalities and Public Works in coordination with the General Secretariat of the Council of Ministers. The controls shall be submitted to the Prime Minister for decision.

C. The category of (400 m 2) and above is sold at (250) dinars, only two hundred and fifty dinars, plus twice the amount of services mentioned in paragraph (b) above at least under the controls issued by the Ministry of Construction and Housing and Municipalities and Public Works in coordination with the Secretariat of the Council of Ministers , And the controls are submitted to the Prime Minister for decision.

– All revenue resulting from sale and other services for the above mentioned areas shall be recorded in a separate account in the municipal or municipal section that is created for those areas for the purpose of establishing the infrastructure, maintenance and development of the municipal sector in the same area and under the supervision of the Ministry of Construction, All design stages.

– The Ministry of Finance to lend the Ministry of Construction, Housing, Municipalities and Public Works amounts necessary for the implementation of basic services until the payment of the amounts of the beneficiaries.

– The Ministry of Construction, Housing, Municipalities and Public Works shall construct low-cost housing units (33,000), only thirty-three thousand housing units, at a price not exceeding the sum of (30000000) JD, only thirty million dinars per unit of (200 m2) (99000000000000) dinars, only nine hundred and ninety billion dinars are loaned to the Ministry of Construction and Housing and Municipalities and Public Works without interest, to be retrieved during (20) twenty years, and the distribution of units to the provinces under the controls issued by the ministry above as follows:

(2000) housing units, and (1000) housing units for each of the governorates of Maysan, Muthanna, Diwaniyah, Wasit, Najaf, Karbala, Babil and Anbar. Salahuddin, Diyala and Kirkuk.

– The distribution of plots of land in the areas occupied by judges or public prosecutors shall continue according to the regulations issued by the Ministry of Construction, Housing, Municipalities and Public Works in coordination with the General Secretariat of the Council of Ministers. Housing of the State in accordance with Resolution (120) for the year 1982.

– Continued work on the distribution of residential plots of the categories covered by the laws and decisions in force, provided that the amounts of services for the above mentioned parts of the budget of the province or the institution concerned.

– Does not work in any text contrary to the provisions of this resolution.

7. With regard to electricity contracts, the Council of Ministers’ Resolution No. (57) for the year 2019 was amended to read:

  1. Number of persons covered by the Council of Ministers Resolution No. (57) for the year 2019 (32918) instead of (32787).
  2. The Ministry of Finance deals with the cases of Ministry of Electricity contract employees who have converted from self-financing to central finance during 2018 in consolidation with their counterparts from public company contracts and self-financing.
  3. Assigning the Inspector General of the Ministry of Electricity to check the preparation and availability of the legally defined conditions for the contractors.

8 – Amendment of paragraph (3) of the Council of Ministers Resolution No. (352) for the year 2017 on the disposal of collection funds.

9 – Vote to solve the problems and obstacles of the segment contractors.

10. Grant an exemption to the Ministry of Displacement and Migration for the purpose of purchasing tents and providing other needs for sheltering the displaced.

11- Authorize the Ministry of Construction, Housing, Municipalities and Public Works the authority to set up work teams in all governorates to carry out the work of gravel, concrete, cladding and tiling.

The House of Representatives ends the discussion of the draft law on financial management and raises its meeting Thursday (expanded)

Editorial Date: 2019/3/12 16:27 •
(Baghdad: Al Furat News) The House of Representatives in the third session of the second semester of the first legislative year in the fourth parliamentary session, chaired by Mohammed Halbusi, the President of the Council, on Tuesday, discuss the draft law on financial management submitted by the Finance Committee.
“In the interventions of deputies, the claims focused on adding a paragraph to oblige the government to submit the final accounts at a specified time and activate the system of collection and electronic payment, and the adoption of a new accounting system to develop new accounting standards, in addition to the request to amend The proportion of reserve in the budget law to reduce, and reconsider the provision of the Minister of Finance wide powers in the law, and obtain the approval of the House of Representatives some of the articles. 
For his part, Deputy Chairman of the Council, Bashir Haddad, stressed the need for deputies to submit their proposals on the draft law in writing to the Finance Committee for the importance of the law, which regulates all financial, legal and service aspects, noting that the committee sent a copy of the draft law to the Ministries of Planning and Finance to make its observations.
The Council postponed the discussion of the draft law of the first amendment to the law of the Fund for the recovery of Iraq’s money No. (9) for the year 2012, and the law of amending the Companies Law No. (21) for the next year. 
Then it was decided to adjourn the meeting until next Thursday, 14/3/2019


the Iraqi parliament celebrates Norouz holidays and disrupts a few days

Twilight News

55 minutes ago

A parliamentary source said on Tuesday that the Iraqi Council of Representatives will raise the session on Thursday after the holidays of Norouz.

The source told the twilight news that the parliamentary sessions will continue until Thursday, 14/3/2019.

The source said the meeting would be held on Thursday after the Norouz holidays.

The council resumed its work on Saturday after its first legislative holiday, which lasted about 50 days.


Iraq is preparing to hold the “OPEC 2020” conference in Baghdad

Minister of Oil Thamer Ghadhban


Economy News Baghdad

The Ministry of Oil has begun preparations for the OPEC conference in Baghdad next year on the occasion of the 60th anniversary of the founding of the Organization, at a time when Iraq will enter for the first time the membership of the Ministerial Committee to control production, which will be held in April next year with the participation of members of the Organization and the countries that are with them.

The ministry stresses that Iraq’s role in OPEC is positive to maintain the unity of the Organization and its ability to defend the interests of producers and the stability of world markets to ensure that there is no fluctuation in crude prices.

“Iraq and the Organization of the Petroleum Exporting Countries are committed to maintaining the level of production to stop the collapse of world oil prices and to ensure that what is happening is not repeated,” said Deputy Prime Minister for Energy Affairs Thamir al-Ghadhban in an interview with Al-Sabah newspaper. Last year, when the price of a barrel of oil within 20 days from $ 86 to $ 54, according to the index (Brent) as well as a decline during the US crude under $ 50.

He added that “Iraq has asked a question during its participation in the recent OPEC conference, what will happen if the production is not reduced, the answer was that the price of a barrel will range between 40 and 45 dollars and this is the marginal level of oil production, It is unacceptable to all, especially Iraq because its federal budget has approved the price of $ 56 a barrel export card of 3 million and 880 thousand barrels, so it has a deficit of 20 percent, so Iraq has committed with the (OPEC) to reduce production.

“However, the ministry has not stopped developing its production capacity, but it is committed to the interests of Iraq, the Organization and the countries outside it,” he said. “Therefore, the reduction of 140,000 barrels has been committed to keeping prices from sliding into the abyss.”

Al-Ghadhban revealed that “the next few days will witness the establishment of three conferences, the first will be held on the 18th of this month, where will see the accession of Iraq for the first time in the Ministerial Committee to control the production of members of the Organization (OPEC) and its member states from outside, which is a positive for Iraq, Pointing out that in April next, the organization will also see a meeting between the oil ministers to assess compliance with the agreement to reduce production and will see the declaration of a pact of non-binding and voluntary cooperation between the Organization (OPEC) and countries outside of the Agreement on mechanisms for cooperation between these countries as an exchange of information and coordination roles and common points and the exchange of experiences, and then the usual ministerial meeting, which is usually held in the month of June.

The Deputy Prime Minister for Energy reiterated Iraq’s support for the Organization of Petroleum Exporting Countries (OPEC), especially as the founder of the Organization, revealing preparations and coordination with the Secretariat of the Organization to hold a major conference in Baghdad next year on the occasion of the 60th anniversary of its founding.



Iraq is the fifth largest Arab reserves of gold for the month of March


Economy News _ Baghdad

Iraq maintained its fifth Arab position with the largest gold reserves for March.
The World Gold Council, in its statistics, followed by “Economy News”, “Iraq maintained its fifth position in the Arab largest reserves of gold for the month of March after each of Saudi Arabia, Lebanon, Algeria and Libya, where these reserves amounted to 96.3 tons, representing 7% of the rest of the other currencies” “Noting that” the Arab countries have not bought any amount of gold so far this year. ”
He explained that “Iraq also maintained the rank of 37 out of the 100 countries listed in the international financial statistics of the global reserves of gold,” pointing out that “the last purchase of gold for Iraq was in September of 2018 and the amount of 6.5 tons.”
“China was the most gold-buying country during the month of March with 11.8 tons followed by Turkey with 7.6 tons, while the best-selling gold during the month was Uzbekistan with 12.4 tons,” the council said.
“The United States continues to occupy the throne by occupying the world number one in terms of reserves of 8.133.5 tons, followed by Germany with 3.369 tons.”


Association of Iraqi Private Banks organizes a workshop «Analysis of Financial Statements»

Part of the workshop at the headquarters of the Association of Banks


Economy News _ Baghdad

On Tuesday, the Association of Iraqi Private Banks organized a workshop entitled “Analysis of Financial Statements” at the headquarters of the Association, with the participation of 85 employees of private banks operating in Iraq.

The manager of the administration and training in the Association of Iraqi Private Banks, Ahmed Hashemi, in his speech during the opening of the workshop and attended by “Economy News”, “The workshop is joined by the Association of Banks to inform the banking sector staff of the branches and compliance and anti-money laundering on the latest methods of data analysis From the point of view of compliance and combating money laundering, “adding that” the workshop will introduce participants to how to analyze financial data through the analysis of financial information recorded using different tools and accounting tools. ”

Al-Hashemi added that “financial analysis is concerned with studying the financial statements in a detailed analytical way showing the relations between the elements of these lists, changes in these elements in a specific period of time or multiple periods of time, in addition to clarifying the size of this change on the general financial structure of the bank.”

It is clear that “Association of private banks seeks to develop the work of the banking sector through the establishment of training courses, workshops and seminars.”


The Iraqi Central Bank Society joins the International Finance Network

Twilight News

7 minutes ago

The Central Bank of Iraq (CBE) announced on Tuesday that it has joined the IFC Sustainability Network.

“In order to keep abreast of the international developments in this field, the Bank announces that it has joined the IFC Sustainability Network, which includes several countries (developed and developing) in order to implement the principles of sustainability mentioned above. (9) principles:

1 Business: Banking and Environmental Risk Management – Integrating environmental and social considerations into the decision-making process of the institution’s activities to avoid, minimize or compensate negative impacts.

2 Business processes: Environment and social footprint – Avoiding, minimizing or offsetting the negative impacts of business operations on communities and the environment in which they operate, and where positive impacts can be enhanced. .

3 Human rights – respect for human rights in the operations and business activities of the institution.

4 Economic Empowerment of Women – Promoting the economic empowerment of women through the workplace culture of both male and female sexes in the business operations of the institution.

5 Financial Inclusion – Striving to provide financial services to individuals and communities that are traditional and have limited or no access to the formal financial sector.

6 Governance – Apply strong and transparent corporate governance practices.

7 Capacity Building – Developing individual and sectoral institutions to identify social and environmental risk management and opportunities associated with business activities and processes.

8 Collaborative partnerships – Collaborate with all sectors and benefit from international partnerships to accelerate collective progress and improve the sector as a single unit to ensure that the institution’s vision is in line with international standards.

9 Reports – Review and review reports regularly on the progress track to meet these principles at the individual and sectoral level.