The Rise In Oil Prices And Brent Exceeds The Barrier Of 91 Dollars A Barrel
Economie| 08:44 – 31/01/2022 Follow-up – Mawazine News : Oil prices rose, on Monday, by more than 1%, to approach the highest level in 7 years, which was recorded in the previous session, while supply concerns and political tensions in Eastern Europe and the Middle East put prices to achieve their largest monthly gain.
Brent crude rose $1.22, or 1.36 percent, to $91.25 a barrel. US West Texas Intermediate crude rose $1.07, or 1.2 percent, to $87.89 a barrel. And fueled oil prices, fears of a possible military conflict in Ukraine, which would cause turmoil in energy markets, especially natural gas supplies to Europe. Ended 29/A4
The Ministries Of Industry And Trade And The Reality Of The Economy
Monday 31 January 2022 149 Baghdad: Mustafa Al-Hashemi At a time when the General Directorate of Industrial Development of the Ministry of Industry and Minerals announced the granting of (1865) permits under establishment to establish new industrial projects in the year 2021, and the establishment of 2,400 limited companies and 8 joint stock companies by the Companies Registration Department in the Ministry of Commerce during the past year, specialists wondered about The feasibility of these numbers on the ground, which is supposed to achieve an economic renaissance in Iraq, given their numbers.
Economic researcher Firas Amer says that “establishing industrial projects is an excellent thing if it takes its true extent aimed at development, not just as a goal for obtaining the industrial loan, and then closing the project and withdrawing the establishment permit.”
Achieving Controls
And he indicated that “most applicants obtain a foundation permit, but they cannot obtain a work permit, except after completing all the conditions and achieving the controls represented in the plot of land allocated for the project, and adequate funding, as well as completing the papers from the municipal departments, and the rest of the relevant departments, such as the Baghdad Municipality and the Ministry of municipalities and others.
For his part, citizen Abbas Faleh (owner of the Hadada project): “A large number of those who obtained the founding permit do not complete the requirements of setting up projects and face administrative, financial and technical obstacles, or they may be subjected to blackmail or bargaining, which makes them refuse to continue establishing their projects despite The country’s need to employ manpower and provide job opportunities, which these projects can provide.”
He pointed out that “the number of permits for establishing industrial projects does not necessarily reflect their existence, as there are two emergency cases in the industrial sector that have contributed to distorting its true image, which is aimed at developing the economic reality, and that they have achieved personal goals at the expense of the public interest of the country.”
Industrial Holidays
For his part, Director-General of the Directorate, Aziz Nazim Abdel, said: “Approvals were granted to establish industrial projects that last year amounted to (1865) licenses, in addition to granting (255) completion certificates for the establishment of industrial projects and allocating (846) plots of land and distributing them among all governorates to establish projects.”
Abdul pointed out that “2660 need estimates of raw materials for industrial projects were granted, and (2,117) identities were renewed for an industrial project, in addition to following-up and conducting periodic lists of projects in all governorates, amounting to (5644) statements, in addition to taking (1660) legal procedures and transferring them.
Property”.
Company Registration
Regarding the activities and type of companies registered with the Ministry of Commerce, the lawyer specialized in registering them with the Ministry, A. F: “The activity that companies currently play is mostly contracting and banking companies,” adding, “But this does not necessarily represent the general trend of economic activity.” for Iraq.”
The lawyer added: “During the past year, 38 companies were registered as individual projects, 3 partnership companies, and 8 joint stock companies, in addition to the establishment of one public company, and the registration of 197 branches of foreign companies, as well as liquidation, merging, writing off, adding and deleting the activity of 2247 companies during the past year. He pointed out that “the number of registered commercial agencies has reached 16.” LINK
Parliament Announces The Names Of Candidates For The Presidency Of The Republic
Political | 02:13 – 01/31/2022 Baghdad – Mawazine News, the General Secretariat of the House of Representatives announced today, Monday, the names of the candidates for the presidency.
The secretariat said in a statement received by Mawazine News, that “based on the provisions of Article (4) of the Law No. (Cool of 2012, the names of the candidates accepted to run for the position of President of the Republic are as follows:
1- Khaled Siddiq Aziz. Muhammad
2- Faisal Mohsen Abboud Al-Kalabi
3- Shehab Ahmad Abdullah Al-Nuaimi
4- Hussein Ahmad Hashem Al-Safi
5- Ahmad Moh Imran Al-Rubaie
6- Ahmad Yahya Jassim Juwaid Al-Saedi
7- Sabah Saleh Saeed
8- Kazem Khudair Abbas Daugneh
9- Rizgar Muhammad Amin Hama Saeed
10- Clauise Ali Amin Bireh
11- Louay Abdel-Saheb Abdel-Wahab Al-Mohsen
12- Rebwar Or Rahman and Seta Saleh Arif
13- Hamza Bresim Thajeel Al-Maamouri
14- Hashyar Mahmoud Muhammad Mustafa Zebari
15- Hussein Mohsen Alwan Al-Hasani
16- Abdul Latif Muhammad Jamal Rashid Sheikh Muhammad
17- Omar Sadiq Mustafa Majeed Al-Abdali
18- Barham Ahmed Al-Hajj Saleh Ahmed
19- Thaer Ghanem Muhammad Ali Baksh Al-Othman
20- Iqbal Abdullah Amin Al-Fatlawi
21- Khadija Khada Yakhsh Asad Qalaws
22- Jabbar Hassan Jassem
23- Hadi Abdul-Hussein Saddam Al-
Fariji 24-Raad Khudhair Dafak Sayel
25- Omid Abdul Salam Qadir Taha Balani
The parliament is scheduled to hold a session to elect the president of the republic On the seventh of next February. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=183243
Al-Nasr Comments On The Meeting Of Barzani, Al-Sadr And Al-Halbousi
political| 03:50 – 01/31/2022 Baghdad – Mawazine News, a member of the Victory Alliance considered the meeting of Kurdistan Region President Nechirvan Barzani and Iraqi Parliament Speaker Muhammad al-Halbousi with the leader of the Sadrist movement Muqtada al-Sadr in Najaf “very important” to resolve differences within the Shiite house.
Aqil al-Rudaini said in a television interview, “The meeting of Nechirvan Barzani and Muhammad al-Halbousi with Muqtada al-Sadr in Najaf is very important to resolve differences within the Shiite house and the Kurds. Iraq”.
He expected that “the meeting will lead to the unification of the house of Shiites and Kurds,” stressing the adherence of the coordination framework to the participation of all its parties without exception in the next Iraqi government, “otherwise, the political situation will become more complicated.” Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=183260
The Ministry Of Finance Sets The Last Date For The Purchase Of Construction Bonds
Money and business Economy News _ Baghdad Today, Monday, the Ministry of Finance announced the last date for purchasing the second issuance of construction bonds, and making them available for trading until next Wednesday.
A ministry statement, received by “Economy News”, stated that “next Wednesday will be the last day to purchase the second issue of construction bonds and make them available for trading.”
He added, “The increasing demand for buying these bonds has provided the opportunity for various citizens and economic sectors to invest their money in return for rewarding interests, in addition to the important economic benefits of offering these bonds, developing financial policy and enhancing promising development opportunities.”
The statement called on citizens and various economic sectors who wish to purchase, to “visit its website and Facebook page to view its instructions.”
It is noteworthy that the issuance of bonds is guaranteed by the Ministry of Finance, and they can apply for their purchase from one of the authorized government banks, as well as the possibility of trading these bonds in the Iraq Stock Exchange. Views 209 Date Added 01/31/2022 https://economy-news.net/content.php?id=27152
Kurdistan Democratic Party: Zebari Is Our Candidate For The Presidency And Qaani Has Been In Iraq For A Long Time
The Kurdistan Democratic Party confirmed that Hoshyar Zebari is still its candidate for the presidency, while noting that there is no date for a meeting with the Patriotic Union so far.
The spokesman for the Kurdistan Democratic Party, Mahmoud Muhammad, said in a press statement today, Monday, that “Hoshyar Zebari is the only candidate for the party and will not withdraw.”
He added that “the party has not yet had a date for a meeting with the National Union.”
Muhammad explained, “The commander of the Iranian Quds Force, Ismail Qaani, has been on a visit to Iraq for a long time.” https://www.radionawa.com/all-detail.aspx?jimare=27813
The Supreme Committee voted to amend the regulations for project financing
Today, Monday, the General Secretariat of the Council of Ministers announced the vote of the Supreme Committee to amend the regulations for financing large projects.
The Secretariat said in a statement, “The Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, chaired the meeting to discuss the agenda of the Higher Committee for Lending to Large Projects, according to the initiative of the Central Bank of Iraq.”
And she added, “The committee voted on a number of amendments to the controls for financing large projects, within the initiative of the Central Bank of Iraq, in order to support investment projects in the country for various sectors.”
The Secretary-General of the Council of Ministers stressed “the need to take care of small and medium-sized enterprises as well, because they are in direct contact with the lives of citizens, and which contribute to supporting the local product and employing manpower.”
He stressed, “the importance of forming teams within the lending banks to discuss the feasibility studies submitted by investment companies, and to give vital and important projects the highest priority in the lending process, and to provide all facilities for its success.” https://www.radionawa.com/all-detail.aspx?jimare=27819
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