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Wednesday, February 10, 2016

BLC Admin Tlm724 News & Comments   2-9-16  Part 2 of 2

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BLC Admin Tlm724 News & Comments   2-9-16  Part 2 of 2


Sami al-Araji: Second Amendment to the Investment Law that meets the aspirations of investors

History of edits:: 02.10.2016 13:46                                                       
 
{Baghdad: Euphrates News} The head of the board of the National Investment Sami al-Araji, said Wednesday, "The Second Amendment to the Investment Law that meets the aspirations of investors."
 
He said in a statement to Agence {Euphrates News} today that "the Second Amendment to the investment law which care for investors and meet a lot of ambitions," adding that "the law passed in 2009 and amended for the first time in 2010, the second amendment passed in 2015 and has been applied in the 2016 month of December last first ".
 
he said he" will work law for several years until the issuance of a new amendment to it. "
 
the House of Representatives voted on October 27, 2015 on the second amendment to the investment law, and confirmed the reasons, according to the amendment to it in order to facilitate the organization of work in investment and processing bodies some obstacles shown by the practice when applying the investment Law No. {13} of 2006, as amended,
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and in order to create an encouraging and appropriate climate for investment in all sectors, and the granting of privileges and exemptions and concessional loans attractive to investors, with open space in front of the ministries to share with the private sector {Iraqi and foreign} and mixed for the rehabilitation and operation of subsidiaries to reflect positively on economic development and reconstruction of Iraq, this law was enacted, ".anthy 1

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 [tlm724] looks like the Investment Law will keep getting amended as the economy and the landscape of Iraq changes and emerges
 
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Parliamentary investment: mafias earn money legally
Economy and Tenders
Since 02/10/2016 11:14 pm (Baghdad time)  Special - balances News
 
A commission of economy and investment in Parliament on Wednesday, the existence of laws that allows gangs and tyrants Purchase of property and land at the cheapest prices.
 
The head of the Integrity Commission Hassan al-Yassiri, the urgent need to unite everyone accountable to underestimate and grabbed public money illegally.
 
The committee member said Jawad Kadhim's / balances News /, that "there are laws that allow influential and tyrants and extremists to power the traffic and the purchase of land and real estate at the cheapest prices," adding that "these laws are for their personal interests and does not meet the public interest of Iraq."
 
He added that "corruption is widespread in all state institutions, but there are many things when resorting to it can be found purely legal is, they earn money legally," and called for "the development of legal measures to be larger than the existing laws to limit the control of the parties on the properties the state."
 
He pointed out that he "has to be set up committees to monitor and put them to not be subject to partisan political pressure to sell real estate or the use of laws properly."
And he called for "taking into account the committees formed to implement the laws and follow them up severely in order not to make corrupt passing through the legal issues", stressing that "not to make Real the state of corruption greater than what Iraq is going through corruption."
 
 It called high Nassif MP, earlier, the government to retreat from its orientations to sell real estate the state under the pretext of tackling the financial crisis, indicating that this procedure would raise a big fuss because there are new and old decisions (not canceled) permits to those who were confiscated estates to get home for the housing. Ended 29 / 4e    LINK

 [tlm724] the existence of laws that allows gangs and tyrants Purchase of property and land at the cheapest prices.
 
[tlm724] Integrity Commission Hassan al-Yassiri, the urgent need to unite everyone accountable to underestimate and grabbed public money illegally.
 
[tlm724] "these laws are for their personal interests and does not meet the public interest of Iraq.
 
[tlm724] then fix them *whip* chop chop actually they are working on them  Wink
 
[tlm724] I think Abadi's new plan will help with that  clean up on aisle 3 lol

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Abadi directed to monitor spending in ministries and state institutions
 
2/10/2016 0:00  BAGHDAD - morning  the face of the Prime Minister, Dr. Haider al-Abadi to monitor spending in the ministries and institutions and government departments, and called for an inventory of Oivadat staff and government officials the necessary need, while calling for political blocs to assume its responsibilities in the face of the financial and economic crisis.
 
According to a press statement issued by the Prime Minister's Office Media received «morning», the al-Abadi said while chairing a regular meeting of the Council of Ministers, which was held yesterday: «we have a clear vision of the face of the financial crisis experienced by the country and we can get out of the cooperation of everyone», indicating that it «part of the crisis faced by the countries of the world as a result of the collapse World oil prices »
 
Prime Minister .ouge b» monitor spending in ministries and state institutions, and countless deputations only necessary need », calling on all political blocs to« assume its responsibilities in the face of the financial and economic crisis and teamwork to overcome ».
 
alebadi who reviewed, according to the statement , «security developments and victories achieved by the Iraqi forces», Park «important victories made ​​earlier in Anbar, and free up more areas and open Husaybah through», calling for «sustain and strengthen this great on the ground gains and purge the rest of the usurped territories and inflict the final defeat gang Daash terrorist ».
 
The joint Special operations command, announced on Tuesday, from extending its control of security forces and secure the city of Ramadi, Anbar province, the center of a fully managed, after the expulsion of the terrorist organization Daash from his last stronghold east of the city.
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Dr. Haider al-Abadi to monitor spending in the ministries and institutions and government departments, and called for an inventory of Oivadat staff and government officials the necessary need
 
[tlm724] about time ! to monitor spending
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A government official says the recent security progress has positive implications for the economy of the country
 
2/10/2016 0:00   BAGHDAD fulfillment Amer- Isra al-Samarrai   confirmed Authority popular crowd that the victories achieved in Anbar boycotted pave the way for the Liberation of the city of Mosul and the announcement of the judiciary is fully on gangs «Daash» terrorist.
This comes at a time government official saw the positive impact of these victories and the liberalization of the cities on the Iraqi economy.
 
The leader of the popular crowd on the Keywords Baghdad Provincial Council member of the «morning»: The «Clearly, the progress made ​​by the security forces in the latest fighting in Anbar, especially in Ramadi and its outskirts, including the Joabh East and Husaybah and success in the liberation of large parts of it from the hands of gangs« Daash »terror was the result of an accurate and tight planning work included the first with double preserve the lives of civilians there for failing to take human shields,
 
and the other is to minimize casualties among the security forces and the intelligence effort wide in by raiding nests of terrorists plans security involving all security agencies.
 
He explained that the victory in the battle by the security forces led forces in the city of Ramadi and the edges will contribute significantly to edit the rest of the usurped cities and secure the country's borders where terrorists wreaked havoc down to the big battle of liberation in the city of Mosul,
 
stressing that this battle will change the map of terrorism for the benefit of the Iraqis. Keywords and cautioned that the issue of liberalization of Mosul ordered may imagine Aldoaash he sticks to the security forces and the heroes of the popular crowd and they can not access them because they stepped up their presence, but the battle of liberation was imminent after paving the way recent victories,
 
noting that clear progress security forces stunned the international community large, it notes that the space occupied by these gangs are shrinking dramatically. He also pointed to the importance of the role of citizens and tribal leaders with the support of security forces in the battle and stand against all those who are trying to be underestimated.
 
For his part, Undersecretary of administrative and financial support to the Ministry of Agriculture, Dr. Ghazi Radhi slave »Sabah» Ban said the victories of security achieved by the security forces to the terrorist gangs in the battlefields in the city of Ramadi, paving the way for the army and police Champions and the crowd People's Liberation city of Mosul, as it increases their resolve to insist on victory there.
 
The slave praised the role of the security forces in the liberation of the city of Ramadi and the edges of the Conception of terrorism and maintain youth and women, children and elders of the clans city and rid them of criminal acts practiced by terrorists, such as murder, kidnapping, rape, and other dastardly tactics pursued by criminal organizations.
 
He noted that the liberalization of Ramadi and the opening of the highway will reflect positively on the country's economy through the activation of the work of the western border crossings and to start a campaign building and reconstruction and operation of labor and support the local product, especially since many of the plants and factories located in Anbar province, in addition to the recovery of the agricultural sector in these regions fertile.
 
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Tlm724:    that the victories achieved in Anbar boycotted pave the way for the Liberation of the city of Mosul and the announcement of the judiciary is fully on gangs «Daash» terrorist. This comes at a time government official saw the positive impact of these victories and the liberalization of the cities on the Iraqi economy.
 
but the battle of liberation was imminent after paving the way recent victories, noting that clear progress security forces stunned the international community large, it notes that the space occupied by these gangs are shrinking dramatically.

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Obeidi: Defense ready to cooperate with any party to eliminate corruption
 
2/10/2016 0:00  BAGHDAD - morning,  Defense Minister Khaled al-Obeidi said his ministry is open always to any regulator is ready to cooperate in the elimination of any suspicion of corruption.
 
According to a statement of defense received «morning» that »al-Obeidi, the Chairman and members of the Committee on Security and Defense parliamentary received and took place during the meeting, they discussed important issues the military victories of the Iraqi army belong in a number of breakers operations.
 
the al-Obeidi said »the ministry is open always to any regulator is ready to cooperate in the elimination of any suspicion of corruption, as well as attention to the views of the members of the Security and defense Committee, who expressed their satisfaction with the military's performance because it represents prestige of the state and the valve of the Iraqi people safe ».
 
the statement added that» Zamili stressed that the Ministry of Defence cooperating with the Committee on Security and defense is very large, and is serious about developing their combat role and institutional after professional largely adopted ».
 
Meanwhile, the defense Ministry plans to send military regiments to Egypt to receive training at the School of the Egyptian special forces. A media adviser to the Ministry of Defense Naseer Nouri said in a press statement that «the ministry equip military regiments that would travel during the next two months of training at the School of the Egyptian special forces after it was agreed with the Egyptian Ministry of Defense to train these forces».  
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 [tlm724] *kickA*
 
[tlm724] Defense Minister Khaled al-Obeidi said his ministry is open always to any regulator is ready to cooperate in the elimination of any suspicion of corruption
 
[tlm724] lets rock this thing then !! I think if it were any other person as MOD it may not be that easy but Obeidi seems like a stand up guy, BL said  he set Allawi straight many years ago and told him I answer to the Prime Minister ONLY !

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Basra constitute a body to maximize its resources and declare "bankruptcy of the province."
 
Baghdad / term    The local government announced in Basra on Tuesday, the formation of a supreme body to maximize financial earnings after the treasury empty the province of the funds by the financial distress caused by low oil prices, while the body of government departments working in Basra demanded the extradition of its revenues to the local government and not to convert the Ministry of Finance.
 
the governor said Majid Mahdi Nasraoui during a press conference held at the Office of the province, seen by the "long", said that "Basra is facing a very severe financial distress, it has become the operating budget free from money,
 
it is no longer possible to pay the salaries of those working formula daily wage in the directorates of health, sewage and municipal and municipalities, and no longer gets sick which sleep in public hospitals and meals, as the hospital was forced to stop making cold processes (low necessary) due to running out of certain types of materials and medical supplies,
 
"noting that" under these conditions we decided to move forcefully and not to remain silent , so we formed a supreme body to maximize local government revenue, and the first resolution to convert operating in Basra circles revenues to the province and not sent to the ministries associated in Baghdad, as the fees and taxes from the province due. "
 
He pointed out the governor that" the manager who does not abide by the decision will be held accountable, it is unacceptable that Basra give everything and get nothing, "adding that" the local government in the process of opening a new bank account in preparation for taking its share of border crossings revenues amounting to 50% under provincial law No. 21 of 2008 average, it's also in the process of another project to maximize the financial revenues that would impose taxes and fees on restaurants, schools and civil hospitals. "
 
For his part, Head of the Legal and Administrative Committee of the provincial council, Ahmed Abdul-Hussein, said that "the local government is forced to look for alternatives as a result of the lack of financial allocations from the federal government," explaining that "the local government will be careful not to impact on the poor when imposing new taxes and fees . "
Abdul-Hussein pointed out that" the Ministry of Finance is stalling to give Basra financial dues despite the fact that the province supply the state treasury most of its revenues, "adding that" local government is determined to pass a local decisions and legislation that allow them to take taxes, fees and fines generated by government departments to be spent in the bridging the large deficit in the province's budget. "

the province of Basra, which is the oil industry center in Iraq, and includes commercial ports large government and factories have spent most of the amounts obtained from the federal government over the past year to repay debt and pay the costs of ongoing projects (under construction),
 
where the province has not seen the implementation of new projects deserve attention during the previous year and this year, local officials ruled out the implementation of new vital projects during the first half of next year at least,
 
but in the case of agreement with the companies on the implementation of projects in a manner payment on credit was also reflected in the case negatively on service situation in the province, as the economic situation hit hard.  LINK
 
  
Tlm724:     oh brother here goes Basra again Rolling Eyes
 
while the body of government departments working in Basra demanded the extradition of its revenues to the local government and not to convert the Ministry of Finance.
 
under these conditions we decided to move forcefully and not to remain silent , so we formed a supreme body to maximize local government revenue, and the first resolution to convert operating in Basra circles revenues to the province and not sent to the ministries associated in Baghdad, as the fees and taxes from the province due. "
 
He pointed out the governor that" the manager who does not abide by the decision will be held accountable, it is unacceptable that Basra give everything and get nothing, *wah*
 
said that "the local government is forced to look for alternatives as a result of the lack of financial allocations from the federal government," explaining that "the local government will be careful not to impact on the poor when imposing new taxes and fees . "
 
pointed out that" the Ministry of Finance is stalling to give Basra financial dues despite the fact that the province supply the state treasury most of its revenues, "adding that" local government is determined to pass a local decisions and legislation that allow them to take taxes, fees and fines generated by government departments to be spent in the bridging the large deficit in the province's budget.
 
*slap*
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Manufacturing oil industry equipment in Iraq  Manufacturing oil industry equipment in Iraq             
 
February 10, 2016 7:12      (Morning) - the first actual investment steps began slogan carrier (made in Iraq) epitomized the opening of manufacturing requirements of oil companies on conventional and heavy different workshops, according to the best international quality standards and is the first of its kind step in Iraq adopted by the Egyptian Petrojet company specialized.
 
Mohammed Shemi Prime Petrojet board of Directors of the company, said: Judging from the giant Iraqi market fundamentals keen on activating our presence in Iraq, which has become a future ambition. Between the opening of workshops Petrojet he ceremony was build a set of workshops specialized manufacturer of static equipment on an area of 70 thousand square meters and began to run under the slogan (Made in Iraq), which is the first specialized manufacturing workshops get to adopt a «certificate» American Society of Mechanical Engineers ( Azmi) and a certificate of the American Petroleum Institute in Iraq.
 
he noted that the project provides in its first phase in 1200 a member employs 60 percent of the experiences Alaracaho (40) percent of Petrojet employees, pointing out that he would convey the experiences of a high degree of importance to the worlds and local , which will enable them to deal with the technology Aalmttorh which manufactures various parts mechanisms oil companies working in the oil fields in various provinces.
 
and praised the oil ministry cooperation in the completion of this project that achieves significant economic feasibility of Iraq and saves time and effort on the oil companies to get through requirements of equipment through these workshops and manufactures Iraqi expertise - Egyptian.
 
He said the Petrojet company carried out four major projects in Iraq, including al-Zubair gas compressors Phase II plant and the project of establishing Ananib line 16 lp G Nasiriyah Khor Al-Zubair and Rehabilitation Project Gas lines of Basra, the first phase as well as the winning project execution of the separation of gas station in Zubair in collaboration with Samsung Engineering Company .
 
While the price of the morning Albzona head of the Basra Governorate Council set up workshops in Iraq that supply the oil industry what you need from the equipment was supplied by international companies, high costs, 

pointing out that it is important in this aspect that the production is guaranteed and content globally and conveys a sophisticated expertise to the Iraqi competencies working in the project and is working on the preparation of young global experience could be their investment in future projects. 

Albzona called to elevate the preparation of advanced workshops in Basra to what proportion to the size of the holdings of wealth and achieve the highest degree of economic viability, urging international companies to benefit from the experience of Petrojet, pointing out that the great ambition of being able to the oil industry and development.

As Sara Akbar, CEO to Kuwait Energy company it has indicated that this achievement deserves praise where it was set up these workshops through exceptional time to invest millions of dollars to produce equipment needed by the petroleum industry, pointing out that this Arab cooperation picking the fruit by Iraqis and an Egyptian.
 
 It showed that the products manufactured with the same efficiency while manufactured in the developed world and the industry in Basra achieve significant economic feasibility of Iraq and companies.
Eng. Mohammed Al-Douri, Director General of Petrojet company in Iraq and stressed that part of the company's plans to expand investment in various fields, after they succeeded in setting up workshops It is the first of its kind in Iraq and the global standards of quality,
 
especially as the international companies operating in Iraq is the most important in the world and this requires the manufacture of quality equipment commensurate with our ambitions.
 
Turn engineer Hossam Kamel, assistant general manager of Petrojet company said the workshops will manufacture various equipment to oil companies operating in Iraq and Basra in particular, where weighing up to be manufacturing equipment (380) tons in these workshops,
 
pointing out that they first started to be implemented outside Egypt is an effective means for the transfer of expertise to the Iraqi cadres.

Egyptian consul Mohammed Barakeh said that the Iraqi-Egyptian relations stretching too far and that the oil field in Iraq and promising, stressing the desire for investment does not stop the oil sector exclusively, but extends to the Alaqtaat other.

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tlm724:   Iraq is booming and as security is getting better we will see many more milestones

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