Rafidain identifies types of loans and calls citizens and employees to visit its branches

Release date: 2019/6/10 8:28

{Baghdad: Al-Furat News} Select Rafidain Bank, Monday, the types of loans available in the branches deployed in Baghdad and the provinces.

“The citizens and employees can obtain these loans and check the nearest branch of the bank to see the instructions for each loan and apply on the loan, which is appropriate in accordance with the conditions and controls,” the bank’s information office said in a statement received by Al-Furat News.

He pointed out that “the loans available to the bank are:

1 – loans for small projects

2 – commercial and tourism

loans 3 – loans for judges

4 – loans for residential units investment

5 – loans Basmaa housing complex

6 – financing loans and scientific research for students and professors

7 – operating loans for university owners Schools and private kindergartens

8 – Operating loans for owners of tourist hotels

9 – Car loans

10 – Loans of doctors, pharmacists and veterinarians

11 – Housing loans of citizens in liberated areas

12 – Housing loans citizens (50) million for an area not less than (200) m

– 13 advances of retirees

14 – advances of local employees salaries (Master Card)

15 – banking facilities

16 – loans productive projects

18 – loans of laboratory owners and medical supplies

19 – Renewable energy (solar energy) ”



The three presidencies emphasize the need to complete the formation of the government cab and standardize the external official discourse

Editorial date: 2019/6/9 20:14

(Baghdad: Al-Furat News) The three presidencies held Sunday evening at the Peace Palace in Baghdad, a meeting in the presence of President Barham Salih, Prime Minister Adel Abdul Mahdi and Speaker of the House of Representatives Mohammed Halbusi.

“The meeting discussed the political, economic, security and legislative situation in the country, the issue of completing the formation of the ministerial cabin and discuss the implementation of the government program and the importance of achieving it to achieve the aspirations of citizens, as well as the situation in Kirkuk and Diyala where it was stressed The need for concerted efforts in order to promote security and stability through the adoption of a constructive dialogue and the development of the spirit of peaceful coexistence between their components and involve everyone in their administration.

With regard to foreign policy, the meeting agreed on the need to coordinate between the three presidencies in order to unify the official discourse and adopt the moderate course in Iraq’s relations.

The meeting reviewed the latest political developments at the regional and international levels, and discussed ways to spare the country and the region crises and conflicts. He also mentioned Iraq’s participation in the Arab and Islamic emergency summit meetings held in Makkah and Iraq’s position on the current crisis. The position of the Iraqi state and translate its supreme interests, and expressed the same level of Iraqi consensus on foreign policy. ”


The new US ambassador in Baghdad and his relationship with the CIA?

Release date: 2019/6/9 19:03

(Baghdad: Al-Furat News) Foreign Minister Mohammed Ali al-Hakim received a copy of the credentials of the US ambassador to Baghdad, Matthew Teuler.

“The two sides discussed ways to enhance the bilateral relations between the two countries and the importance of enhancing cooperation opportunities at various levels to meet the aspiration of the two peoples,” a foreign ministry statement said.

“The Foreign Ministry is ready to provide all the conditions that enable it to perform its tasks to the fullest, wishing him success and success in his work,” he said.


May 17, the US Senate approved President Donald Trump’s nomination of Matthew Toller as US ambassador to Baghdad.

Toller was the US ambassador to Yemen for five years, before leaving office a few days ago to prepare for his new post, at a time of increasing tension between the United States and Iran neighboring Iraq.

Toller is the US ambassador to Yemen since 2014 and was a former ambassador to Kuwait, as he has worked in the embassies of Washington in Cairo, Baghdad, Kuwait and Riyadh.

Toler has also worked for the State Department as deputy director of the North Gulf office and in charge of the Egyptian office.

The new Ambassador of Iraq holds a bachelor’s degree from Brigham Yang University and a Master’s degree from Harvard University, an CIA Intelligence Award and two Presidential Honorary Awards, a Baker Wilkins Award from the State Department for the post of Deputy Chief of Mission, and fluent in Arabic.


Iraq pays half of Iran’s debts in two currencies


 2019/06/09 08:45:17

“Iran currently receives the electricity export dues to Iraq in the Iraqi dinar and the euro,” said Assistant Energy Minister Humayun Haeri, noting that Baghdad has paid up to 50 percent of its total debts in this regard. 
Haeri said in a statement to the Fars News Agency, on Sunday, that the volume of electricity exports to neighboring countries of 1200 MW in exchange for the import of 350 MW. 
Iraq is the only country exempted from US sanctions on Iran, with Baghdad continuing to import natural gas and electricity from Tehran under a US exemption ending on June 19.
On May 2, the United States decided to end all exemptions granted to some countries for the import of Iranian oil as part of tougher sanctions on Tehran over its nuclear program. Washington has signaled tough sanctions on any country that does not comply with this resolution, with the exception of Iraq. 
During his recent visit to Baghdad in early May, US Secretary of State Mike Pompeo assured Iraqi officials that his country plans to renew the exemption granted to Iraq for importing gas and electricity from Iran. 
The Iraqi electricity sector suffers from extremely poor conditions after many years of financial and administrative corruption in the country, as well as more than three years of war on the Daqash organization, which led to the destruction of infrastructure in many of the provinces occupied by the organization in the north and west of the country.
Residents also suffer from power cuts for long hours during the day because of the huge deficit of the oil-rich state in the production of electricity. 
The prolonged blackout during the hot summer hours last summer led to demonstrations in some provinces, marred by violence and clashes with security forces. 
As part of its efforts to meet the electricity production deficit, Iraq is importing 28 million cubic feet of natural gas per day, which is set to increase to 35 million cubic feet in June to operate the country’s power plants, Iraq 1200 MW of electricity from Iran.
The United States re-imposed sanctions on Iran after US President Donald Trump withdrew in May 2018 from a nuclear deal in 2015. The sanctions were heavily sanctioned by Iran, but mainly targeted oil exports. . 
With a view to halting Iran’s full oil sales, in May, Washington ended sanctions exemptions granted to some Iranian 
oil importers in November 2018. According to Reuters, at the end of last month, Iran’s crude exports fell in May to around 400,000 bpd. Iran’s oil exports were 2.6 million bpd in April last year, according to the Oil Ministry.
In a new measure to expand sanctions, the US administration on Friday listed Iran’s largest petrochemical holding company on its sanctions list, accusing it of indirectly supporting the Revolutionary Guards. Washington said the move was aimed at drying up the IRGC’s revenues, but analysts described the decision as largely symbolic. 
The new sanctions were taken by the Persian Gulf Petrochemical Industries Group (PIC) and 39 subsidiary companies, as well as agents outside Iran, according to Al Hurra. 
Iraqi Prime Minister Adel Abdul Mahdi confirmed during his meeting with Iran’s First Vice President, Ishaq Jahangiri, that Iraq rejects “Axis policy and aggression against any country,” stressing that Iraq is “outside the sanctions regime” on Iran.


The Foreign Secretary receives a copy of the credentials of the Ambassador of the United States of America to Baghdad

Number of readings: 803 09-06-2019 03:43 PM

09-06-2019 03:43 PM

Foreign Minister Mohammed Ali al-Hakim received a copy of the credentials of US Ambassador to Baghdad Matthew Teuler. The two sides also discussed ways to improve bilateral relations and the importance of enhancing cooperation opportunities at various levels to meet the aspiration of both peoples.

He stressed the readiness of the Ministry of Foreign Affairs to provide all the conditions that enable him to perform his duties to the fullest, wishing him success and success in his work.


IMF urges G20 to give priority to resolving trade disputes

Arab and international

Economy News _ Baghdad

IMF Director Christine Lagarde has called on the Group of 20 major economies to give priority to resolving trade disputes to mitigate risks to global growth.

“We have met at a time when the global economy is showing signs of stability and growth is expected to be strengthened,” Lagarde said in a statement after a meeting of G20 finance ministers and central bank governors. “While this is good news, the road ahead is still fraught with difficulties and risks.”

“To mitigate these risks, she stressed that resolving current trade disputes should be a top priority, including eliminating existing fees and avoiding new fees,” she said, adding that work was also needed to modernize the international trading system.

“This will be the best way for policymakers to bring greater certainty and confidence to their economies and to help global growth,” said Lagarde, who took part in the meeting of G20 finance officials.


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