Millionday News 9/28/15 Part 1 of 2
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Millionday: WELCOME EVERYONE TO NEWSTIME
Millionday: The Iraqi Private Banks League announced that the Central Bank of Iraq launched an additional IQD0.5 trillion to the financing budget for small and medium enterprises.
This step will contribute towards the activation of the private sector and will enhance job opportunities among the youth, according to the League, Iraq-based Al Mada Press reports.
The Iraqi Private Banks League reveals in a statement that the “Head of the Central Bank of Iraq, Ali al-Allaq, has launched a new initiative on the occasion of World Peace Day, adding an additional IQD0.5 trillion to the one trillion dinars allocated to finance SMEs.”
Millionday: NOTE -- THIS IS A NEW INITIATIVE ON THE OCCASION OF --- WORLD PEACE DAY -----ALLOCATED FOR THE IMPLEMENTATION OF THE PRIVATE SECTOR
Millionday: “The loans are being granted through private banks to enhance job opportunities among the youth who own small projects, which will lead eventually to stability in the society,” the league points out.
It adds: “This initiative [will] enhance the role of the private sector, develop small and medium enterprises and increase job opportunities.”
It is worth mentioning that the Central Bank of Iraq allocated IQD1 trillion for SMEs, to be distributed by private banks in an attempt to revive the Iraqi economy under the current circumstances.
Millionday: SO THIS IS ALSO THE OBVIOUS ACTIVATION OF THE NATIONAL LOAN SERVICES OF THE PRIVATE BANKS AS THEY ADD JOBS AND ACTIVATE PROJECTS AND CONTRACTS
Millionday: WHOOPOW IS RIGHT AND WHAT WE LOVE AT DINARUPDATES.COM -- PROGRESS IN A HUGE WAY
Millionday: In its latest issue published the facts of Iraq newspaper, a number of laws and decisions. A statement of the Ministry of Justice, Director General of the Iraqi facts circle Muhannad Zebra, say that the number  - of 21 of September of this -
to ensure the ratification of the Memorandum of Understanding for cooperation in the field of supporting the law Reform [on the agricultural sector capacity between Iraq and the United States of America No. 105 for the year 2012,
"noting that" the causes of enactment of this Act the desire of the governments of Iraq and the United States in the continuation of joint cooperation to modernize Iraq's agricultural sector.
Millionday: NOTE -- PRINTED WAS LAWS THAT RATIFIED THE MEMORANDUM OF UNDERSTANDING AND IS NOW SUPPORT OF THE REFORM OF THE AGRICULTURE SECTOR AND ITS CAPACITY -- THIS IS WITH THE GREAT US OF A AND IRAQ -- WHOOPOW
Millionday: "He added," The number included decision establishing health insurance for staff of the Ministry of Planning box number  for the year 2015, in addition to the two decrees Republicans and Resolution  for the year 2015 issued by the Ministry of Finance.
"He pointed Zebra, to" the issuance of instructions to work rules and wages guests inside sections social reform No.  for the year 2015, "pointing to" a statement from the Ministry of the Interior includes a call of citizens registered in the conditions of the Diyala bridge circuit to fill the electronic application form for registration for the purpose of granting the new model of a unified national identity card. "
Millionday: SO THIS INCLUDES THE MINIMIMUM WAGE AND ALSO IS THE ACTIVATION OF THE INTERNET ACCESS FOR CITIZENS TO GOVERNMENT AGENCIES SUCH AS NATIONAL ID CARD
Holly1: the AGRICULTURE SECTOR... Is very Important ... This is very very Huge for Iraq .... and TY for the report
Millionday: I AGREE -- THE OLDEST BANK AND THE FIRST TO BE FUNDED WAS THE AGRICULTURE -- WE ALSO HAVE TO REMEMBER -- GIVE A FISH OR TEACH TO FISH
AGRICULTURE IS THE BACKBONE OF STABILITY OF LIVELY HOOD--- WE CAN AND ALL CAN ALWAYS GO BACK TO AGRICULTURE --
ALSO THINK OF THE HUGE % OF FOOD NEEDED BY THE KURDS -- IT IS A MAJOR REASON FOR THEIR LACK IN INDEPENDENCE AND THE ABILITY TO JUST CLAIM IT -
THE EXPENCE IS HUGE SO -- THE SAVINGS IN IRAQI OVERHEAD THROUGH LOGISTICS MUST BE MAJOR AND ADD UNLIMITING TO PROFIT MARGIN IMO
Millionday: KNOW HOW LARGE THE MARKET GAINS WILL BE IN AGRICULTURE --- THE ISX WILL IMO SHOW HUGE GAINS IN IT (BUT I AM NOT AN EXPERT) SMILE
poppy3: ONE COMMENT THANKS --- REMEMBER THEY WHERE HUGE IN AGRICULTURE PRIOR TO THE WAR . THEY WHERE THIRD IN EXPORTS . REMEMBER THAT IS THE AREA OF THE GARDEN OF EDEN !!!!! WILL PRODUCE LARGE QUANTITIES PER ACRE. POPPY3
Millionday: I WILL HAVE TO BRING SOME OF THIS NEWS IN PIECES -- SORRY
Millionday: HERE WE GO -- SOME BUSINESS NEWS NOT JUST PARTS TO CHANGE MEANING
Millionday: Swiss-based Sulzer has signed an agreement to form a joint venture with the Unaoil Group to service of rotating equipment for oil and gas, and power customers in Southern Iraq. The joint venture (JV) will operate under the name of Sulzer Rotating Equipment FZCO and will have offices in Dubai, with local operations.
Millionday: THIS IS SO IMPORTANT AND FULL OF INFO -- DONT MISS A WORD
Millionday: Dubai-headquartered companies Transworld Group and NAWAH [North America Western Asia Holdings] have announced that the two firms have entered into a formal agreement to service Iraq’s growing demand for imports, linking their considerable shipping, logistics, marine services and port capabilities.
As part of their agreement, Transworld Group and NAWAH Port Management, NAWAH’s port operations business unit, will team up to increase the flow of essential goods coming from the broader Middle East, Indian subcontinent, Far East and Southeast Asia into the historic Port of Basra with seamless linkage to commercial centers throughout Iraq.
Millionday: NOTE -- TRADE IS EXPECTED TO EXPLODE AND CREATE A HUGE DEMAND HARD TO SUPPLY
Millionday: Ritesh S. Ramakrishnan, Transworld Group’s director of strategy and business planning, said:
“Iraq stands at such an important moment of time – historically and commercially – and we are keen to play a part in this phase of growth.
“The sheer scale and magnitude of development occurring today in Iraq, along with a growing middle class, requires logistical flows of epic proportions.
“Aligning with NAWAH provides Transworld Group with first-class logistics solutions and unrivaled port operations in Basra and one of the most reliable door-to-door capabilities in Iraq.”
Millionday: WHOOPOW -- AN IMPORTANT MOMENT IN TIME AND --- WE ARE INVESTED IN THIS MOMENT IN TIME ---
Millionday: LOVE IT
Millionday: Nicholas Kunesh, NAWAH Port Management’s president and CEO, said:
“Together with Transworld Group’s four decades of shipping experience and NAWAH’s in-depth knowledge and operational capabilities within Iraq, we are confident that we will redefine logistics in the Middle East.
“Through our combined expertise, market reach, state-of-the-art technology and customer-focused shipping and logistics services, we will enable Basra to continue its accelerated march to becoming a key strategic trading center in the Middle East, bridging East and West.”
Millionday: NOTE -- NOT A BAD THING AT ALL TO READ ITS ACCELERATED MARCH TO BECOMING A KEY STRATEGIC TRADING CENTER IN THE MIDDLE EAST >>>>
AND <<<<<<< WE ARE INVESTED IN THIS KEY -- WHOOPOW
Millionday: Transworld Group and NAWAH have already initiated joint cargo movement from Jebel Ali Port to NPM’s Port of Basra terminal with containers from Transworld Group’s Balaji Shipping Lines transiting via NPM’s feeder vessel service into southern Iraq. Containerized and refrigerated cargo volume is forecasted to grow substantially in the next six months.
Millionday: SO THEY ARE ALREADY PREPARED AND SET UP FOR THE GO AHEAD THAT THEY OBVIOUSLY EXPECT TO HEAR ---- NOT BAD AT ALL -- SMILE
Millionday: WHERE IS EVERYONE -- THIS IS GREAT NEWS -- LOOSEN YOUR HATS -- WHOOPOW
.MOD.subgirlcopy: have you heard anything about the laws being passed???
Millionday: NOT YET -- WE HAVE JUST HAD A COUPLE REPORTS SO FAR -- WELCOME HUN
Holly1: we should be on the floor with that report oh My ... its so so so Good .....
Millionday: AND THEY ARE SITTING THERE READY? -- WOW
Millionday: THIS WAS REPOSTED TODAY FOR SOME REASON
Millionday: Penspen, a leading global provider of engineering and management services to the energy industry, has underlined its commitment to growth in the Middle East with three new appointments and investment in a new office in Iraq.
Ahmed Al-Dadah and Na’el Barghouthi have this month joined the company from other engineering providers, whilst Michael Simm, EVP of Engineering and Project Management, has been newly appointed to the role of Regional Director for Penspen’s Middle East business.
A new Iraq office, located in Basra will expand Penspen’s geographical reach and become the fourth location in the region joining Abu Dhabi, Doha and Khafji.
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