{Local: Al Furat News} The Kurdistan government announced today, Thursday, the suspension of official working hours for a full week in the region.
And the regional government stated in a statement, that it “instructed to suspend official working hours for a week on the occasion of the blessed Eid Al-Adha,” noting that “the holiday starts from Saturday, July 9, until Sunday, July 17.”
{Sports: Al Furat News} The Gulf Football Association agreed today, Thursday, to hold the 25th Gulf Cup in the city of Basra, southern Iraq.
This came in the meeting, which was held this morning, Thursday, on the Zoom platform, with a main management from Qatar.
The members of the Gulf Federation voted unanimously on Iraq to host the 25th Gulf Cup early next year, and it was decided to hold the tournament in Basra on the sixth of January of next year.
The approval came after reviewing all the committee’s visits, and making sure that all facilities in Basra are ready to host the tournament.
For his part, Adnan Darjal, president of the Iraqi Football Association, welcomed the decision of the Gulf Federation to hold the next edition of the Arab Gulf Cup in the city of Basra, stressing in statements transmitted by the federation’s media office, that Iraq is ready to host the Gulf event.
He expressed his gratitude for the brothers’ confidence in granting Basra the right to host after years of preparations at all levels.
political| 01:57 – 30/06/2022
Baghdad – Mawazine News
Foreign Minister Fouad Hussein and US Ambassador to Iraq Alina Romanowski discussed, on Thursday, the issue of forming the new Iraqi government and the “obstacles” it faces.
In a statement received by Mawazine News, the ministry said, “Foreign Minister Fouad Hussein received the US ambassador to Iraq, Alina Romanowski.”
He added, “During the meeting, they discussed bilateral relations between the two countries, and ways to develop joint cooperation between Baghdad and Washington, and the two sides discussed the Iraqi situation and the issue of forming the new Iraqi government and the obstacles it faces.”
The two sides reviewed, according to the statement, “a number of international and regional issues and files of common interest, foremost of which is the security and military developments in Ukraine and how this conflict affects the security situation in the region in general and the economic situation in particular.”
Reference was also made to “the talks in Vienna between the Islamic Republic of Iran and the United States of America and other concerned countries.”
For her part, the US ambassador confirmed, “The United States supports Iraq in various fields, and it will continue to do so.” Ended 29/N33
political| 01:52 – 30/06/2022
Baghdad – Mawazine News
, the President of the Republic, Barham Salih, confirmed today, Thursday, that hosting the 25th Gulf Arab League embodies the generosity of Iraqis.
Saleh said in a tweet to him on his Twitter account, “Congratulations to Iraq and the dear Basra Al-Fayhaa for hosting the 25th Gulf Championship,” noting that it is “a merit worthy of Iraq and its people after more than four decades that deprived him of that.”
Saleh praised “all the government and popular efforts and our sports fans that contributed to achieving this achievement, which embodies the Iraqis’ ethos of generosity and hospitality.”
politicsKurdistan RegionbreakingIraqi governmentexports oil
2022-06-29 14:08A-AA+
Shafaq News/ On Wednesday, the United States called on the federal governments in Baghdad and the Kurdistan Region to negotiate the dispute over oil, and to benefit from the United Nations mission mandated to assist in this regard.
Al-Hurra station quoted a statement by a US State Department spokesman, in which he stressed, “The government of Iraq and the Kurdistan Regional Government should sit at the negotiating table to reach a solution to the oil issue that is acceptable to both parties and avoid taking steps that inflame tensions.”
He added that “the new mandate of the United Nations Assistance Mission for Iraq (UNAMI) specifically mandates it to assist the parties in achieving this.”
He added, “Therefore, we encourage the governments of the Kurdistan Region and Iraq to make maximum use of the good offices of the United Nations Mission.”
And last February, the Federal Supreme Court of Iraq, the highest judicial authority in the country, issued an order obligating the Kurdistan Regional Government to hand over all the oil produced on its lands to the central government.
And the court’s decision remains threatened not to be implemented in light of a dispute dating back to years over oil resources between the federal government and the Kurdistan Region, which includes 3 provinces and has been autonomous since 1991.
And the court’s decision stated, “obligating the regional government to hand over the entire oil production from the oil fields in the Kurdistan Region (…) to the federal government represented by the Federal Ministry of Oil.”
Iraq’s exports, which is the second largest oil exporter in the Organization of “OPEC”, amount to about 3.5 million barrels per day, and its financial imports represent 90% of the country’s budget.
The Kurdistan Region had pledged to deliver 250 thousand barrels of its daily production, which exceeds 400 thousand barrels, to the central government through the Ministry of Oil, in exchange for receiving the salaries of employees and Peshmerga fighters, the armed forces of the region.
The region’s oil exports have been the subject of frequent controversy over the past years, with Baghdad demanding that all the country’s oil exports be subject to the supervision of the Ministry of Oil of the central government.
2022-06-29 01:31A-AA+
Shafaq News/ Gold prices rose today, Wednesday, affected by the decline in the US dollar, and in light of the looming recession fears.
According to the Comex rating of the New York Mercantile Exchange, gold futures were traded in August at $1,822.05 an ounce at 06:23 GMT, up by 0.05%.
It was previously traded high at $1,823.95 an ounce.
The dollar index, which measures the performance of the US currency against a basket of six other major currencies, fell 0.06% to trade at 104.19 dollars.
As for other metals, the price of silver for the month of September increased by 0.21% to be traded at $20.83 per ounce, while the price of copper for the month of September fell by 0.47% to be traded at $3.74 per pound.
economyIraqbreakingThe World Bankdiversification of the economyhuman capital
2022-06-29 04:22A-AA+
Shafaq News/ The World Bank confirmed, on Wednesday, that Iraq has an opportunity to diversify its economy and address the human capital crisis.
The Special Representative of the World Bank in Iraq, Ramzi Neiman, said during the “Access to Finance” conference, which was attended by Shafak News Agency, that Iraq began to gradually emerge from the crisis after the contraction of its economy in the year 2020 following the decline in oil prices, noting that “the Iraqi economy grew in the year 2021.” With the rise in oil prices and the increase in oil revenues.
He added, “The World Bank believes that Iraq has an opportunity to reorient the government program, diversify the economy, and address the human capital crisis in the country,” noting that “the World Bank believes that solutions lie in supporting small businesses and establishing and supporting projects and companies through electronic support.”
And the Iraqi state’s continuation of relying on oil as the only source of the general budget makes Iraq at risk of global crises that occur from time to time due to the impact of oil on it, which makes Iraq turn every time to cover the deficit through borrowing from abroad or inside, which thus indicates the inability to manage Effectively state funds, and the inability to find alternative financing solutions.
economyAmericaIraqi economycentral bank
2022-06-29 04:17A-AA+
Shafaq News/ The Central Bank of Iraq said, on Wednesday, that it saved the Iraqi economy from collapse in 2014, while America stated that it contributed 40 million dollars in aid to Iraq to develop the Iraqi economy.
Central Bank Governor Mustafa Ghaleb Makheef said during the “Access to Finance” conference, which was attended by Shafak News Agency, that “the bank was able to stop the collapse of the Iraqi economy during the year 2014 with the collapse of security conditions and the drop in oil prices globally through a package of financing operations,” noting that ” The task of the central bank is to address challenges at critical times for the economy.
He added, “The bank was able through launching financing initiatives, including liquidity support for government banks and initiatives to finance farmers’ dues,” noting that “the financing of these initiatives has currently reached 18 trillion dinars.”
He pointed out that “the bank intensified its efforts in the field of clean energy through the initiative to finance one trillion dinars to purchase electricity generating units operating on solar energy,” explaining that this funding was “launched in cooperation with the Association of Banks, a social initiative that contributes to linking the banking sector with society to develop some shrines.” religious, tourist facilities, job opportunities, and others.
For her part, the US Ambassador to Iraq, Alina Romanowski, confirmed that “the US government is proud to launch the activities of the conference to build a thriving private sector on the basis of transparency,” noting that “on the 18th of last May, the US Agency for Development attracted more than $40 million in private investments. seeking to support economic growth and promote greater prosperity throughout Iraq.”
“I announce today an important partnership project to build the first gas separation plant between the private sector and the Ministry of Industry and Minerals, and the project creates more than 30,000 job opportunities,” she said.
{Local: Al Furat News} The Center for Astronomical Research and Studies, under the auspices of the Office of the Supreme Religious Reference, Grand Ayatollah Imam Sayyed Ali al-Sistani, expected the date of sighting the crescent of the month of Dhu al-Hijjah.
The center expected the sighting of the crescent tomorrow, Thursday, with a height, so that next Friday will be the first day of the month of Dhul-Hijjah, and thus Sunday, July 10, will be the first day of the blessed Eid al-Adha.
To view the center’s expectations in detail.. Click her
Radio
economyOPECIraqi oil reservesglobal reserve
2022-06-29 03:01A-AA+
Shafaq News / OPEC announced, on Wednesday, that Iraq possesses the fourth largest proven oil reserves in the world, while indicating that these reserves do not include oil rocks.
The organization stated in its annual report in June, seen by Shafak News Agency, that “the proven crude oil reserves in the world amounted to 1.545.071 trillion barrels at the end of 2021,” indicating that “OPEC’s share of these reserves amounted to 1,241.819 trillion barrels.”
She added that “Iraq ranked fourth globally in the world’s largest proven reserves, with 145.019 billion barrels, after Venezuela, which came first, with 303.468 billion barrels, while Saudi Arabia came second, with 267.192 billion barrels, and Iran came third with 208.600 billion barrels.”
The organization indicated that “the countries of the Middle East have the largest reserves in the world, with 869.612 billion barrels, thanks to the reserves of Saudi Arabia, Iran, Iraq, Kuwait and the UAE, while Latin America came second, with 329.481 billion barrels, thanks to the reserves of Venezuela, while Africa came third, with 120.210 billion barrels, thanks to Libya.” and Nigeria.”
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