Photos reveal for the first time inside the new building project of the Central Bank


Revision date: 2019/4/22 22:41 • 188 times read
{Baghdad: Al Furat News} Our agency publishes pictures revealing for the first time the project of the new building of the building of the Central Bank of Iraq in Baghdad, designed by Iraq’s late international architect Zaha Hadid.
The project is carried out by the global company {Daax Construction}, the same company that carried out flame towers and Heydar Aliyev center in the Azerbaijani capital Baku. 
The company’s cadres started with concrete work at the base of the bank building, which will be the highest tower under construction in Iraq, consisting of 37 floors and a height of 170 meters. 
The building overlooking the Tigris River next to the Babel Hotel in Jadiriyah area includes gold and silver vaults, offices, conference and meeting rooms, a museum, a ceremonial area, car parks and green spaces, and a memorial to Zaha Hadid in honor of Zaha Hadid. 
The contract with the company for the implementation of the project is $ 800 million, and the design cost is $ 70 million.
It is noteworthy that the Central Bank of Iraq was signed in January 2012, a contract with the Office of the late architect Zaha Hadid to develop designs for the new bank building. 
The world-famous Iraqi engineer designed it to match the global buildings, leaving the choice of the company executing this design for the advisory bodies in the bank, because of the austerity and expenses of the war against “Daash.” 
Eighteen companies advanced to complete this design, and under the legal procedures, 4 companies remained in competition to be selected by the global company {Daax Construction}. 
In an earlier interview in 2017, Eng. Saleh Mahoud Salman, Director General of the Central Bank’s Administration, pointed out that Hadid’s reaction was very positive and enthusiastic because the design of the Central Bank building was the first project to be planned inside Iraq.
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Halabousi and Barzani are discussing the completion of the ministerial cabin and naming the Governor of Ninewa

Release date: 2019/4/22 21:36

(Baghdad: Al-Furat News) President of the House of Representatives Mohamed Halabousi and the Kurdistan Democratic Party Massoud Barzani, the completion of the ministerial cabin and the nomination of governor of Nineveh.

A statement to his office, received the agency {Euphrates News} a copy of it that “Halbusi and his delegation discussed during his meeting in Erbil, on Monday, Barzani, the current political and security situation in the country, and a number of topics of common interest.

“The meeting also discussed the file of completion of the ministerial cabin, and the termination of the state institutions by proxy according to the time limit, as well as discuss the file of the province of Nineveh and stability through the cooperation of political forces; to choose a governor capable of promoting the reality of the province.

The statement said “the meeting stressed the need for joint coordination between the Center and the region, and resolve outstanding problems in accordance with the Constitution, and that the next phase of the stage of concerted efforts; to serve all Iraqis.”

Secretary Pompeo’s Call With Iraqi Prime Minister Adil Abd al-Mahdi



Office of the Spokesperson
Washington, DC
April 22, 2019

The below is attributable to Spokesperson Morgan Ortagus:‎

Secretary of State Michael R. Pompeo spoke with Iraqi Prime Minister Adil Abd al-Mahdi. The Secretary reiterated the United States’ support for a strong, sovereign, and prosperous Iraq, as outlined in our bilateral Strategic Framework Agreement. The Secretary underlined his support for Iraq forging closer ties to neighboring Arab states. The Secretary also emphasized our continued commitment to working with the Government of Iraq and the Iraqi Security Forces to ensure ISIS’s enduring defeat.

Iraqi official: We can raise our exports by quarter of a million barrels per day to meet the need of the market

05:17 PM |Monday 22 April 2019
Written by (AFP)

مسؤول عراقي: نستطيع رفع صادراتنا بربع مليون برميل يوميا لسد حاجة السوق

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Iraq can increase its oil exports by a quarter million barrels a day to fill the shortfall “if the market requires it,” an official told AFP on Monday, after Washington announced an end to exemptions for eight countries buying oil from Iran.,15700023,15700186,15700191,15700253,15700256,15700259&usg=ALkJrhi040W2YS_CcsKGUU1Ij7vrmliTLw


US won’t be renewing oil waivers: Pompeo

By Rudaw 2 hours ago


US Secretary of State Mike Pompeo speaks during a press conference at the US Department of State in Washington, DC on April 22, 2019. Photo: Andrew Caballero-Reynolds / AFP

ERBIL, Kurdistan Region – The United States will not renew oil waivers given to eight countries last November that are set to expire next month, ending weeks of speculation about the move that will have dire consequences for the Iranian economy. 

Washington Post columnist Josh Rogin broke the news on Sunday evening, citing State Department officials. Reuters also confirmed the news. 

US Secretary of State Mike Pompeo announced the decision on Monday that all eight countries that had been issued waivers, including China and India, will have to end their import of Iranian crude oil in early May or face sanctions, according to the reports. 

Maximum pressure on the Iranian regime means maximum pressure. That’s why the U.S. will not issue any exceptions to Iranian oil importers. The global oil market remains well-supplied. We’re confident it will remain stable as jurisdictions transition away from Iranian crude.

— Secretary Pompeo (@SecPompeo) April 22, 2019

“The goal remains simple – the deprive the outlaw regime of the funds it has used to destabilize the Middle East for four decades and incentivize Iran to behave like a normal country,” Pompeo told a press conference in Washington on Monday.

“Our goal has been to get countries to cease importing Iranian oil entirely. Last November we granted exemptions from our sanctions to seven countries and to Taiwan. We did this to give our allies and partners time to wean themselves off Iranian oil and to assure a well-supplied oil market.”

“Today I am announcing that we will no longer grant any exemptions. We are going to zero. Going to zero across the board,” he added. 

Pompeo said the US estimates its sanctions have denied the regime more than $10 billion.

“We will continue to enforce sanctions and monitor compliance. Any nation or entity interacting with Iran should do due diligence and err on the side of caution. The risks are simply not going to be worth the benefits,” he added.

Oil prices jumped by about three percent in reaction to the news. 

Sarah Huckabee Sanders, the White House press secretary, earlier released a statement saying: “President Donald J. Trump has decided not to reissue Significant Reduction Exceptions (SREs) when they expire in early May.” 

“This decision is intended to bring Iran’s oil exports to zero, denying the regime its principal source of revenue. 

The United States, Saudi Arabia, and the United Arab Emirates, three of the world’s great energy producers, will take measures to assure global oil markets remain adequately supplied, the statement said. 

“We have agreed to take timely action to assure that global demand is met as all Iranian oil is removed from the market.” 

The decision could have serious consequences for Iran’s neighbor Iraq, which depends on Iranian energy to subsidize its ramshackle power grid. Riots broke out in Iraq’s southern city of Basra last summer when Iran briefly cut is electricity exports. 

Washington granted Baghdad a waiver on sanctions in November, twice extended. It is unclear whether Iraq’s special dispensation will also be discontinued.

Earlier, Pompeo held a phone call with Iraq’s Prime Minister Adil Abdul-Mahdi. 

“The Secretary underlined his support for Iraq forging closer ties to neighboring Arab states,” according to a State Department readout. 

Although Iraq’s non-Arab neighbor Iran was not mentioned in the readout, the statement reflects Washington’s desire to see Iraq source its energy from Saudi Arabia and others rather than Iran. 

Responding to the US move, Seyyed Abbas Mousavi, Iran’s newly appointed foreign ministry spokesman, issued a statement saying: “Given the illegal nature of these sanctions, the Islamic Republic of Iran has attached no value…to these sanctions waivers.” 

“However, given the negative practical implications of these sanctions and the possibility of increasing the level of these implications with not extending the waivers, the ministry of foreign affairs has today been in constant contact with the relevant internal bodies as well as holding intensive consultation with many foreign partners from Europe and neighbors.” 

Decisions would be announced in due course, he added. 

Iran’s Oil Ministry said it will continue exports, regardless of what decisions are made in Washington. 

“Iran’s oil exports will not become zero under any circumstances,” an unnamed official within the ministry told Tasnim News on April 22. The only way Iran will stop exporting oil is if a decision to do so is made by Iranian officials “under some circumstances… and those circumstances have not risen yet,” the official said. 

The ministry has not taken emergency measures in anticipation of the expiration of the waivers because such action is not necessary, the official said. “We have monitored, reviewed and analyzed the possible scenarios facing the oil exports. And for every scenario we have taken appropriate measures in our prewritten plans. It’s not the case that to export its own oil, Iran is waiting for American decision or indecision,” he explained. 

Iran has years of experience in offsetting the actions of Americans and others, he added, and will also resist this latest encroachment by the US. “The global oil market needs Iran’s oil and we have numerous and diverse ways to sell our country’s oil,” the ministry official said. 

The landmark 2015 nuclear deal gave Iran some relief from decades of sanctions. But after US President Donald Trump withdrew from the agreement last summer, Washington re-imposed sanctions on Iran’s energy, banking, and shipping sectors. US hawks pledged to bring Iranian crude exports to zero under what they called the “toughest ever” sanctions.

Iranian leaders have said they are accustomed to the sanctions they have lived under for 40 years, and Washington’s stance against them will not dent their revolutionary resolve. 

Greece, Italy, and Taiwan – three of the countries that were issued waivers – have already complied are now import zero Iranian oil. China, India, Turkey, Japan, and South Korea must now do the same. 

The United Arab Emirates (UAE) and Saudi Arabia are expected to offset supplies if the end of the waivers destabilizes the oil market, according to the Washington Post.

Trump’s administration will “try to rely on Saudi Arabia… to reverse policy and increase volumes to calm market fears of oil supplies quickly tightening,” predicted energy analyst Peter Kiernan, Reuters reported. 

Tensions between Washington and Tehran have been on the rise after the US State Department designated Iran’s Islamic Revolutionary Guard Corps (IRGC) a terrorist organization earlier this month and Iran reciprocated by slapping the same label on US Central Command (CENTCOM). Iranian Supreme Leader Ali Khamenei appointed a new IRGC chief yesterday.

The IRGC terror designation could have dire consequences for Iraq, whose armed forces have close ties with the Iranian Guards. Washington may, however, be making some exemptions so that countries who have contacts with the IRGC and aid agencies working in Syria, Iraq, and Yemen can avoid sanctions. 

“Simply engaging in conversations with IRGC officials generally does not constitute terrorist activity,” a State Department spokesperson told Reuters on condition of anonymity Sunday. 

“Our ultimate goal is to get other states and non-state entities to stop doing business [with] the IRGC,” the spokesperson added. 

Iraq’s Popular Mobilization Forces (PMF, known locally as Hashd al-Shaabi), have very close ties with the IRGC. 

Chargé d’affaires of the US Mission in Iraq Joey Hood, in an interview on Saturday with Iraq’s Dijlah TV, said Baghdad will have to end Iran’s influence on their security forces, saying such dependency weakens Iraq’s sovereignty. 

The Shiite PMF militia groups linked to the Revolutionary Guards are also connected to conflicts in Syria and Yemen and Washington will take steps to try to limit this in the coming days, he added in comments that were dubbed into Arabic by the TV station. 

It’s time for the Iraqi army to impose its own authority throughout the country, he said. 

Updated at 6:19 pm