The Saudi Export-Import Bank signs agreements with 3 commercial banks worth 118 million dollars

The Saudi Export-Import Bank signs agreements with 3 commercial banks worth 118 million dollars

Saudi Export-Import Bank November 15, 2021 3:01 PM

Riyadh – Mubasher: The Saudi Export-Import Bank signed agreements with 3 commercial banks with a total value of $118 million, on the sidelines of the launch of the ninth annual Saudi Trade Finance Summit .

The bank, according to what was reported by the Saudi Press Agency “SPA”, today, Monday, signed an insurance policy to enhance documentary credits with the Saudi British Bank “SABB” amounting to 238 million Saudi riyals; That is the equivalent of $63.5 million .

The document allows SABB to raise its capabilities to accept and further enhance documentary credits in favor of Saudi exports, and to expand its dealings with foreign banks that issue documentary credits; As the insurance coverage contributes to increasing the opportunities for Saudi products to enter new markets and expand into existing markets .

The Saudi Export-Import Bank also signed credit line agreements with the Jordan Money Bank and the National Bank of Iraq with a total value of 55 million dollars to support importers of Saudi goods, services and products in the Jordanian and Iraqi markets .

The two agreements gain their importance from the promising opportunities for Saudi exports to the two brotherly countries and the good reputation of Saudi non-oil products that are characterized by high quality and competitiveness in vital sectors that enrich the region’s markets and contribute to supporting trade relations between the Kingdom and the two brotherly countries .

These agreements come within joint efforts to achieve industrial and financial sustainability, business development, attract investment, provide jobs, and operate logistics facilities, companies, banks, and other parties involved in export operations. This is in light of positive indicators in the second quarter of this year that indicated an increase in the contribution of the non-oil sector to the GDP by 8.4% compared to the second quarter of 2020 .Sorry, the video player failed to load.(Error Code: 101102)

Today, Monday, the ninth annual Saudi Trade Finance Summit kicked off. With the active participation of the Saudi Export-Import Bank, the platinum sponsor of the summit; Under the title “Flexibility in trade, supply chains and treasury management .

The two-day summit, from 15-16 November 2021, brought together experts and leaders of leading financial institutions; To discuss stimulating plans to increase the effectiveness of the economic system, and the changing trends in the trade finance sector; In order to chart the features of the future of the Saudi economy; This is within the framework of joint efforts to develop financial strategies and build effective systems to advance the commercial finance sector .

Baglan: We will go to Baghdad with a solid Kurdish alliance, and we do not want a 6-month-old government

  •  Time: 11/15/2021 22:03:25 
  •  Reading: 1,378 times 
Baglan: We will go to Baghdad with a solid Kurdish alliance, and we do not want a 6-month-old government

{Politics: Al Furat News} A member of the Kurdistan Democratic Party, Imad Baglan, announced that the Kurdish blocs will go to Baghdad with a solid Kurdish alliance. 

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Baglan said; For the (Unannounced) program broadcast by Al-Furat satellite channel tonight, “The Saint-Lego law favored large blocs, and the results of the elections were shocking to many political forces.
He added, “The role of the democrat is still important and an essential pillar of the political process, and his vision is clear not to aggravate the situation and calm down and go to form a strong government that will be responsible to the people,” returning it to “the last chance for the citizens.”
“The democrat will stand at the same distance from everyone, but we will not wait for months and years to go to an alliance, and his vision is that after the results are approved, he will move towards blocs with a national approach,” Baglan stressed.
He pointed out that “the Kurds do not want a consensual government led by everyone that ends after 6 months, and the opposition is a healthy condition.”
With regard to the position of the presidency, Baglan explained, “The position of the president of the republic is not an intractable problem, and according to the strategic agreement between the Democratic Union and the Union, the position was for Mam Jalal Talabani, and after his death, Fuad Hussein took over and in 2018 Barham Salih imposed.”
And he continued, “The position of the presidency is not restricted to one Kurdish component, and it is according to political custom that it is from the Kurds’ share, and the nomination of the president will be through the Kurdish house, and we will go to Baghdad with a sober Kurdish alliance,” concluding, “The President of the Kurdistan Regional Government, Nechirvan Barzani, speaks fluent Arabic.”

The UN Security Council: We support the independence, sovereignty and territorial integrity of Iraq

political | 09:42 – 11/15/2021


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Today, Monday, the United Nations Security Council affirmed its support for the independence, sovereignty and territorial integrity of Iraq, while expressing its aspiration to form a representative Iraqi government.
In a statement received by Mawazine News, the council said, “The members of the Security Council welcomed the report of the Secretary-General on the electoral process in Iraq and the assistance of the United Nations Assistance Mission for Iraq (UNAMI) to this process , pursuant to resolution 2576 (2021), and the members of the Security Council welcomed the positive evaluation of the observers. International elections in the United Nations Assistance Mission for Iraq,” noting that “the members of the Council congratulated the Government of Iraq and the Independent High Electoral Commission for technically well-managed and generally peaceful elections on October 10, 2021.
The Security Council also welcomed the findings of the United Nations Assistance Mission for Iraq and the Independent High Electoral Commission that the partial manual recount of polling stations conforms to the electronic results transmission system of the Independent High Electoral Commission.
He added, “The members of the Security Council commended the Iraqi people for their commitment to the process.” In the face of dynamic security challenges, they acknowledged the role of the United Nations Assistance Mission for Iraq in supporting the efforts of the Iraqi government and the Commission to plan and implement free and fair elections led by Iraqis.
“Members welcomed the efforts made by the Government of Iraq, the Independent High Electoral Commission and the United Nations Assistance Mission for Iraq to enhance participation of women’s politics,” he said.The members of the Security Council commended the United Nations Assistance Mission for Iraq ( UNAMI) for demonstrating objectivity in its efforts to support Iraq throughout the electoral process.
He pointed out that “the members of the Security Council reiterated their condemnation of the assassination attempt that took place on November 7, 2021 against Iraqi Prime Minister Mustafa Al-Kadhimi and the continuing assistance of violence against the United Nations Mission for Iraq, the Independent High Electoral Commission and others,” explaining that “the members of the Security Council expressed their regret the use of violence to resolve election-related grievances, urged all political parties to pursue legal and peaceful means to resolve these grievances, condemned attempts to discredit the elections and members of the Security Council, encourage all stakeholders to respect the legally defined process and facilitate a peaceful and independent judicial review of electoral appeals.
They noted, according to the statement, that “UN staff will continue to monitor any illegal attempts to demolish the electoral process.”
The members of the Security Council renewed the Secretary-General’s call on all political parties, candidates and other stakeholders in Iraq to be patient and to address any election-related concerns through existing legal channels, and to create a post-election environment that promotes mutual Understanding and national unity, through peaceful and constructive dialogue. The Security Council calls for the peaceful formation of an inclusive government that will advance meaningful reforms to meet the needs and aspirations of all Iraqis, including women, youth, and marginalized communities,” reiterating their support for Iraq’s independence, sovereignty, unity, and territoriality integrity. Ended,sc

Before the formation of the Baghdad government, the two largest parties in the Kurdistan Region are moving to unify the discourse

KurdistanMasoud BarzaniKurdistan Patriotic UnionKurdistan Democratic PartyBafel Talabani 2021-11-15 10:05A-AA+

Shafaq News/ The Kurdish leader, Massoud Barzani, and the joint head of the Patriotic Union of Kurdistan, Bafel Talabani, stressed, during a meeting in Erbil, the capital of Kurdistan Region, on Monday, the unity of the Kurdish national ranks and the unification of efforts to address problems and serve the people of Kurdistan.

A statement by Barzani’s office, received by Shafaq News Agency, stated that the Kurdish leader, Massoud Barzani, who is also the head of the Kurdistan Democratic Party, received Bafel Jalal Talabani in his office in the Salah al-Din resort in Erbil. 

The statement indicated that the meeting witnessed an assessment of the general situation and current issues, and emphasized the unity of the Kurdish national ranks and the unification of efforts to address problems and serve the people of Kurdistan.

The statement added that in another part of the meeting, positions were taken regarding the new phase in Iraq and after the elections, and the meeting saw the importance of the unified Kurdish discourse in Baghdad.

The meeting also confirmed the desire of the Patriotic Union of Kurdistan and the Kurdistan Democratic Party for unity and an emphasis on harmony within the Kurdish house, according to the same statement.

Emphasis was also placed on a unified and national project based on the national interest for all political issues, the formulation of a joint program between the two sides, and the consolidation of the principle of partnership in managing governance, implementing citizens’ demands and achieving stability, according to the statement.

The Kurdistan Democratic Party won the highest seats in the recent early Iraqi parliamentary elections in the Kurdistan Region, and came fourth in Iraq with 33 seats, according to preliminary results.

The Patriotic Union of Kurdistan came second in the region, with 18 seats.

This meeting comes before the announcement of the final results and the start of serious negotiations between the winning blocs to form the next Iraqi government.

8 of them do not match..The commission ends the counting of polling stations for the sixth district in Baghdad

politicsBaghdadbreakingParliament electionsManual counting and sortingpolling stations 2021-11-15 07:46A-AA+

Shafaq News/ The Independent High Electoral Commission in Iraq announced, on Monday, the recounting of ballot boxes for more than one electoral station in the sixth district in Baghdad, and the results were identical, with the exception of eight stations.

In a statement received by Shafaq News Agency, the commission said that it had conducted manual counting of stations that were obligated to it by the Judicial Authority for Elections to verify the validity of the measures taken and the extent of their impact on the applicant’s eligibility to win membership in the House of Representatives and the number of real votes he obtained as a result of the poll.

She indicated that these stations for the sixth constituency (Baghdad Al-Rusafa Elections Office), and included 108 stations, were counted and sorted in the (Al-Sharaf) hall in Baghdad, confirming that they were identical during visual viewing, except for the boxes of eight stations in which ballot papers were found that were found to be invalid, through their scrutiny. by the Central Committee formed for this purpose.

She indicated that she submitted the result to the Board of Commissioners, who in turn will send it to the Judicial Authority for Elections to have her say in it, adding that the procedures were carried out in the presence of international observers and a number of civil society organizations specialized in monitoring elections, in addition to agents of political entities, to follow up the process in accordance with the applicable regulations.

The Iraqi parliamentary elections, which took place on the tenth of last October, witnessed the objection of many blocs, parties and candidates to the results announced by the Electoral Commission, most notably the Shiite blocs that challenged the results and accused the commission of manipulating the votes of the voters.

The Electoral Commission: Starting the manual counting of 108 stations in Baghdad



Baghdad/ Al-Mawred News
, the Independent High Electoral Commission announced today, Monday, the start of manual counting of stations for which a decision was issued by the judiciary, noting that the number of stations covered is 108.
Imad Jamil, a member of the Commission’s media team, said in a press statement, “The manual counting and sorting operations began this morning at the stations that have been decided upon by the judiciary.”
He added that “the number of stations covered by re-counting and manual sorting is 108,” noting that “these stations belong to the Baghdad / Rusafa election office.”

Al-Kazemi’s office sets a working mechanism for international anti-corruption agreements

2021/11/15 10:38

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  • Section : Iraq

Baghdad / Obelisk: The Federal Integrity Commission announced, on Monday, November 15, 2021, the issuance of a directive from the Office of the Prime Minister obligating ministries and agencies not affiliated with a ministry and all governorates, in coordination with them in conferences, meetings, and areas related to the contents of the international anti-corruption agreements.

In a statement received by the obelisk, the commission stated that “the office of the Prime Minister confirmed that this directive comes within the framework of the efforts and endeavors of the Republic of Iraq to combat corruption, and in line with the contents of the United Nations Convention against Corruption, to which Iraq joined, under Law No. (35) of the year 2007”.

She added that “the directive, in coordination with the Commission, comes from being the official body concerned with representing Iraq in the UN Convention, and the contents of the provisions of its effective Law No. 30 of 2011, as amended, and in order to unify efforts aimed at strengthening cooperation between state institutions and relevant authorities, to avoid confusion and to avoid conflict.” .

She pointed out that “Iraq has ratified the Arab Convention against Corruption under Law No. 94 of 2012, in order to enhance Arab cooperation in the fields of preventing, combating and exposing corruption in all its forms, so the General Secretariat of the Council of Ministers attributed the authority to be the official body representing Iraq in this agreement.”

After being accused of rigging the elections, Khazali receives Blackshart

politicsbreakingQais KhazaliIraqi electionsPlasshart 2021-11-15 06:07A-AA+

Shafaq News/ The Secretary-General of Asa’ib Ahl al-Haq movement, Qais Khazali, presented today, Monday, the representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennis-Plasschaert, a set of evidence of the fraud and flagrant manipulation that accompanied the elections, according to a statement issued by Khazali’s office.

The Al-Fateh Alliance, to which the leader of Asa’ib Ahl al-Haq belongs, pointed the finger at the representative of the Secretary-General of the United Nations in Iraq 

By exploiting her position to stir up chaos and change the results of the elections, Hassan Salem, the leader of Asa’ib Ahl al-Haq, said that what is happening in Iraq is an international project under the auspices of Jenin Blackshart.

A statement issued by Khazali’s office stated to Shafak News Agency; During the meeting, they discussed and discussed the most prominent political issues in Iraq, foremost of which is the file of the parliamentary election results and their repercussions.

The statement stated; That “Sheikh Al-Khazali presented in detail Sheikh Al-Khazali in detail a set of evidence of the fraud and flagrant manipulation that accompanied the elections.”

He pointed out that Khazali expressed his surprise at the issuance of the UN Security Council statement regarding the elections before the final results were approved. Confirming at the same time that the coordination framework has followed up on the legal procedures related to this file.

for its part; The representative of the Secretary-General of the United Nations in Baghdad expressed her response to studying the evidence submitted by His Eminence Sheikh Khazali, who called on the representative of the United Nations to be a neutral party in the problems occurring to overcome the current crises and prevent the country from reaching a state of political impasse. The two parties also pledged to continue communication to resolve this blockage, according to for statement.