Video .. Al-Kazemi touring Baghdad as disarmament begins

Alhurra – Washington

05 Jan 2021

On Monday, the Iraqi Prime Minister, Mustafa Al-Kazemi, went on a tour in the streets of Baghdad, where he exchanged talks with citizens, and ate lunch in a restaurant.

The Media Office of the Presidency of the Government published a video clip, showing Al-Kazemi meeting Iraqis on the road and communicating with them, while some approached him to take pictures with him.

This comes one day after the Intelligence Agency of the Ministry of Interior announced the start, on Sunday, of a security operation to disarm unauthorized weapons in the capital, Baghdad.

A statement by the agency, reported by Iraqi media, stated that it is in the process of field inspection to disarm the unauthorized areas surrounding Baghdad International Airport.

Indeed, the detachments of the intelligence agency represented by the Intelligence of the Third Regiment of the Fifth and Sixth Brigade of the Federal Police Intelligence Directorate at the Ministry of Interior have already begun an inspection operation within the Hamdaniya and Al-Ustadat areas within the Baghdad governorate.

The statement added, “The operation resulted in the seizure of 8 Kalashnikov rifles, an RBK rifle, 5 assault grenades, 5 magazines, and 76 rounds of different rifle ammunition, a pistol, and various military equipment.”

In mid-December, an Iraqi anti-government protester was killed in eastern Baghdad by masked gunmen, according to what a security source, a medic, and a media network of activists said.

Activist Salah was known for his active role in the protests that erupted in the Iraqi capital and the predominantly Shiite south last year, and described the government as corrupt and ineffective and belonging to neighboring Iran.

Al-Iraqi was killed in the Al-Jadida neighborhood of the capital, Baghdad, according to a medic, a security source, and the Iraqi Social Media Network, a group of activists who report on the protests.

About 600 people have been killed in protest-related violence since the start of the protest movement in October 2019, including young organizers who were shot dead.

Al-Kazemi, who came to power in May after street pressure forced the former prime minister to resign, pledged to protect gatherings and arrest those responsible for past violence.

Washington extends for 3 months Iraq exemption to import energy from Tehran


January 5, 2021

04:39 AM


An Iraqi official told AFP on Monday that the United States has extended for an additional three months the exemption granted to Iraq from the energy sanctions imposed on Iran, which will allow Baghdad to continue importing gas and electricity from the Islamic Republic.

Although Iraq is an oil country, it depends heavily on Iran in the field of energy, as it imports a third of its consumption needs of gas and electricity due to its aging infrastructure that makes it unable to achieve self-sufficiency in the field of energy to secure the needs of its 40 million people

Since the United States re-imposed sanctions on Iran at the end of 2018, the US administration has been granting Iraq one exemption after another, pending finding other suppliers.

Under the new exemption, Iraq will be able to continue importing electricity and gas from its eastern neighbor until early April, that is, two months after President-elect Joe Biden took office on January 20 from outgoing President Donald Trump.

The Iraqi official told AFP, requesting anonymity, that this new exemption, which is longer than all previous exemptions, is the result of “long discussions.”

However, this exemption will not solve the problems of a country suffering from a chronic shortage of electricity.خارجيات/واشنطن-تمدد-ل3-أشهر-إعفاء-العراق-لاستيراد-الطاقة-من-طهران

Kuwait announces an important agreement regarding Qatar and Saudi Arabia

Time: 01/04/2021 21:24:37

{International: Al Furat News} Kuwaiti Foreign Minister Sheikh Ahmed Al-Nasser said on Monday evening that it was agreed to open the skies and land and sea borders between Saudi Arabia and Qatar, starting this evening.

And Sheikh Ahmed Al-Nasser announced that the Emir had contacted the Emir of Qatar, Sheikh Tamim bin Hamad and the Saudi Crown Prince, Prince Muhammad bin Salman, and it was confirmed during the call that the reunion would start with a bright page.

The Kuwaiti Foreign Minister stated that it was agreed to address all relevant issues.

The State of Kuwait also announced the agreement to sign the “Al-Ula Statement,” stressing that it would be a new page in fraternal relations.

The Kingdom of Saudi Arabia will host the 41st Gulf Summit of leaders of the Gulf Cooperation Council states on Tuesday in Al-Ula.

On December 4, Foreign Minister Sheikh Ahmed Al-Nasser said that there are fruitful discussions that have taken place recently regarding efforts to achieve Gulf reconciliation, indicating that this comes within the framework of continuing efforts at Gulf reconciliation.

The Gulf crisis occurred in the year 2017, and Kuwaiti efforts have continued since that time to heal the rift and resolve the dispute between brothers.

Ammar Al-Masoudi

A “next step” for Iraq will bring 2 billion dollars from the sale of “48 million” barrels of oil: Baghdad will “raise” production soon, “contrary to the official data!”


Yes Iraq – Baghdad

The oil expert, Furat Al-Mousawi, talked about the advantages that will be provided by the Iraq oil agreement with China, which will be through the sale of oil through prepayment, and while noting that the required amount from Iraq does not exceed 5% of the general output, he stressed that the agreement will not mortgage Iraqi oil as well. Rumored.

“The process of selling oil according to prepayment is a new experience in the world and in OPEC oil in particular,” said Furat Al-Mousawi, in a televised interview, indicating that “the process will provide Iraq with financial liquidity that will help in supplementing the public financial budget.”

Mousawi added, “The beneficiary party on the other side is the Chinese company that will benefit through the quantities of oil that will be taken at once for a year, and then the agreement will be for four years, which is better than the monthly quantities for the global market.”

He continued, “The positive thing for the Iraqi side is that Iraq does not bear the monthly price difference if it occurs, but rather it is borne by the beneficiary company,” noting that “the amount that Iraq will pay to the company is 4 million of crude oil per month, at a rate of 130 thousand barrels per day, which is A percentage representing less than 5% of the exported Iraqi oil, and does not affect the policy of reducing production in OPEC.

The oil expert added, “Iraq will start next month to raise oil production,” noting that “the process of selling oil to China is not entered as a kind of loan, and it is not as is rumored in the street that the deal is a subject to Iraqi oil, but the quantity is very small and yields benefits.” Country finances. ”

Furat Al-Moussawi stressed that “the current reality of Iraq does not have any alternative to oil to support its economy,” noting that “Iraq does not have any other alternatives except by selling it in this way, especially with non-oil imports not contributing significantly to general imports.”

On the investment of gas associated with oil, Moussawi said, “Iraq is ranked 11th in natural gas reserves in the world, and there is a government tendency for years to invest gas, and it recently started in Basra, but the problem is the slow progress in this field of investment, which needs a will Real and appropriate political environment.

For the first time, Iraq, the second largest oil exporter in OPEC, begins exporting crude to China, so that it will be pre-paid, which Bloomberg said that the deal was concluded between “Sumo”, the Iraqi oil company, and the Chinese company, “Chenhua Oil,” a subsidiary of “Akbar A China defense contractor, according to Bloomberg.

The Iraqi News Agency “Conscious” quoted the General Manager of “SOMO”, Alaa Al-Yasiri, as saying that it is an intermediary company and not the owner of oil, and all revenues go to the account of the Ministry of Finance with the Central Bank.

According to a previous Bloomberg report, the “rare” deal would be to pay China more than two billion dollars in advance for 48 million barrels of oil, which will be supplied during July 2021 through June 2022.

Iraq renews its call to abide by the reduction?

For his part, Iraqi Oil Minister Ihsan Abdul-Jabbar affirmed, today, Monday, the keenness of the oil-producing countries in (OPEC) and their allies to maintain the balance and stability of the global oil market, calling that this be through commitment to production reduction plans, to face the repercussions of the Corona epidemic.

A statement by the Ministry of Points stated that this came during his participation in the Ministerial Meeting for Monitoring Production (Jmmc) emanating from the Petroleum Exporting Countries (OPEC), and in the ministerial meeting of OPEC members, and through the television circuit.

Oil Minister Ihsan Abdul-Jabbar Ismail said, according to the statement, that the meetings aim to follow up on the developments of the oil market, and to review the technical reports prepared by the relevant authorities in the organization, in order to develop the necessary recommendations for the plans of the organization and the countries allied with it.

Ismail confirmed that the OPEC agreement to reduce production has contributed to reducing the repercussions and impact of the Corona virus on the stability and prices of crude oil in global markets.

Iraq participates in the Buna platform for inter-Arab payments


The Central Bank of Iraq

2021-01-04 10:37

A- A A +

Shafaq News / The Central Bank of Iraq announced, on Monday, its participation in the Buna platform for inter-Arab payments.

The bank said in a statement received by Shafaq News; “We have participated in the Buna platform for inter-Arab payments,” indicating that “the goal is to expand the scope of electronic payments.”

“The platform works to provide real-time clearing and settlement services for cross-border financial transfers between Arab countries and in Arab and international currencies, and the first movement has been implemented through banks between the UAE and the Arab Republic of Egypt in the currency of the UAE dirham,” he added.

The Central Bank of Iraq and a number of local banks have already signed an agreement and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund, and work is underway to adopt the Iraqi dinar in the system for the next stage, as the participating banks in the Arab countries will be able to send and receive payments between them in a safe and reliable manner. This platform will help reduce recourse to international centers from correspondent banks in clearing and settling Arab payments, thus contributing to reducing the time and costs associated with banks and their customers.

Kurdistan Finance Ministry announces “illegal” salary cuts for more than 10,000 people

808 Policy 01/2021 12:48

Baghdad today – Kurdistan

The Ministry of Finance in the Kurdistan government announced, on Monday (January 4, 2021), that it will cut “illegal” salaries for more than 10,000 people in the region.

The ministry said in a statement, translated by (Baghdad Today), that “in support of the Reform Law No. 2 of 2020, the progress of the salary reform and retirement law in the region has been determined,” noting that “the salaries of 10609 employees receiving illegal salaries have been stopped.”

She added, “The suspension included pension salaries for 10609 employees whose names were repeated in the biometric system more than once,” indicating that “the total number of people whose salaries have been suspended are 21,588 people who receive salaries illegally, and the employees who receive two salaries are 719 employees.” “.

It pointed out that “the employees who receive double salaries, employment and retirement pensions total 3909 people, and the employees who receive two pensions number 5909 people.”

The Ministry of Finance indicated that, “in the event that an employee is harmed by the above decision, he can inform the concerned authorities in the departments.”

The central bank’s sales of dollars are falling to the lowest level

Time: 01/04/2021 12:38:01 Read: 4,134 times

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way and to the lowest level in years.

According to the bank’s daily bulletin on the currency auction on Monday, the total sale for purposes of strengthening funds abroad {transfers, credits} 8 million and 135 thousand dollars, which is the total sales, and the bank did not sell any dollars in cash.

The Central Bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate.

Ammar Al-Masoudi

Al Rasheed Bank issues an explanation about the resumption of its branches

Time: 01/04/2021 11:29:04 Read: 3,185 times

{Baghdad: Al Furat News} Today, Monday, Rasheed Bank issued an explanation regarding the resumption of its branches.

The media office of the bank said in a statement that Al-Furat News received a copy of it that “Rasheed Bank considered today it is intended for application purposes and closed its doors due to Sunday’s coincidence yesterday as an official holiday.”

The media office said, “The bank will resume work tomorrow, Tuesday, to receive its customers and provide banking services.”


Central Bank: The launch of the “Buna” platform for intra-Arab payments

Editing date: 01/04/2021 12:56 • 82 read times


The Central Bank of Iraq announced, on Monday, the launch of the ” Buna ” platform for inter-Arab payments.

The bank said in a statement. It is “the actual launch and operation of the Buna platform for inter-Arab payments, which is a platform that provides real-time clearing and settlement services for cross-border financial transfers between Arab countries and in Arab and international currencies.”

He added, “The first movement was carried out through banks between the UAE and the Arab Republic of Egypt, in the currency of the UAE dirham.”

The bank continued, “The Central Bank of Iraq and a number of local banks have already signed an agreement and completed the technical requirements to participate in the project in coordination with the Arab Monetary Fund, and work is underway to adopt the Iraqi dinar in the system for the next stage.”

He pointed out, “The participating banks in the Arab countries will be able to send and receive payments between them in a safe and reliable manner, while this platform will help reduce recourse to global centers of correspondent banks in clearing and settling Arab payments, which will contribute to reducing the time and costs associated with banks and their customers.” “.