Iraq, Jordan to Connect Electrical Networks
Dinar Guru RV
by Editor
3y ago
By John Lee. On Sunday, Iraq and Jordan reportedly signed a contract to connect their electricity networks and sell electrical energy between the two countries. According to INA, the deal will see Jordan providing Iraq with 1000 gigawatt hours per year as a first stage. The 300-km line will connect the new Risha substation, currently under construction in Jordan, to the al-Qaim substation in Iraq, with a length of about 300 km, with work to be completed within 26 months. (Source: INA) The post Iraq, Jordan to Connect Electrical Networks first appeared on Iraq Business News. The post Iraq, Jord ..read more
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New Survey of Iraqi SMEs during COVID-19
Dinar Guru RV
by Editor
3y ago
New Survey of Small and Medium Enterprises Offers Insight into State of Iraq’s Economy During COVID-19 Pandemic Measures taken to curb the spread of COVID-19 have led to reduced operating hours or the closure of many of Iraq’s small and medium-sized enterprises (SMEs). The economic impact of the pandemic is expected to be severe. To measure the losses and investigate how SMEs are coping with movement restrictions, the International Organization for Migration (IOM), the Food and Agriculture Organization (FAO), and the International Trade Center (ITC) launched a panel study of 893 enterprises in ..read more
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Genel Energy issues New $300m Bond
Dinar Guru RV
by Editor
3y ago
By John Lee. Genel Energy has successfully completed the issuance of a new $300 million senior unsecured bond with maturity in October 2025. The new bond will have a fixed coupon of 9.25% per annum. The transaction is subject to customary closing conditions and settlement is expected to occur on or about 14 October 2020. In connection with the issue, the Company has agreed to repurchase $223 million of its existing $300 million senior unsecured bond issue with ISIN NO 001071088.2 and maturity date in December 2022 (‘GENEL01 PRO’). Genel has the option to call the outstanding bond amount in Dec ..read more
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Pushing Back on Iraqi Militias: Weighing U.S. Options
Dinar Guru RV
by Editor
3y ago
By Michael Knights, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Pushing Back on Iraqi Militias: Weighing U.S. Options Although halting the escalation of militia attacks on American personnel is crucial, simply evacuating the Baghdad embassy and downscaling the bilateral relationship would allow Iran to snatch victory from the jaws of defeat. On September 20, Secretary of State Mike Pompeo reportedly warned the Iraqi government that unchecked militia attacks could spur the U ..read more
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Iraq Plans to Build Nuclear Reactor for Research Purposes
Dinar Guru RV
by Editor
3y ago
Iraq’s Prime Minister Mustafa Al-Kadhimi has ordered the formation of a committee tasked to build a nuclear reactor for research purposes, the Iraqi Radioactive Sources Regulatory Authority (IRSRA) revealed. Speaking to the Iraqi News Agency, the head of the IRSRA, Hussein Latif, said that Al-Kadhimi is “aware of the importance of the issue of atomic energy”, following discussions held with French President Emmanuel Macron on Wednesday. Al-Kadhimi is scheduled to visit France next month, as part of a European tour. Latif added that Iraq is “looking forward to restoring its position in nuclear ..read more
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Foreign Ministers Weigh Plans to Boost Iran-Iraq Ties
Dinar Guru RV
by Editor
3y ago
The foreign ministers of Iran and Iraq held a meeting in Tehran to discuss a broad range of political and regional issues, including plans to broaden relations between the two Muslim neighbors. In the Saturday meeting with his Iraqi counterpart in Tehran, Iranian Foreign Minister Mohammad Javad Zarif expressed Tehran’s backing for the political trend in, and sovereignty of Iraq, saying the Arab country’s security is important for the Islamic Republic. Zarif touched upon the attacks carried out against Iranian diplomatic sites and highlighted the necessity of guaranteeing the dignity and securi ..read more
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Currency rates in Saudi Arabia today, Saturday 9/26/2020
Dinar Guru RV
by Google Alert - dinar
3y ago
1 Algerian Dinar = 0.03 Saudi Arabian Riyal. 1 Saudi riyal = 34.53 Algerian dinars. Bahraini Dinar (BHD). 1 Bahraini Dinar = 9.945 Saudi riyals. The post Currency rates in Saudi Arabia today, Saturday 9/26/2020 appeared first on Dinar Guru RV ..read more
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If data is the new oil, why we as data producers are not rich…
Dinar Guru RV
by Google Alert - dinar
3y ago
They would rather leave the wallet full of dinars and walk on. Each dinar is more than three US dollars. However, the economics of oil have changed in … The post If data is the new oil, why we as data producers are not rich… appeared first on Dinar Guru RV ..read more
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Iraq’s Failure to put a Stop to Torture
Dinar Guru RV
by Editor
3y ago
By Belkis Wille, for Just Security. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How to answer Iraq’s Failure to put a Stop to Torture My heart sank as my colleague told me recently about the latest torture victim from Iraq who had contacted us to share his story. I had heard the same kinds of accounts from other victims of torture in detention, including the same names of two lieutenants and a major who he said had supervised and participated in torturing him and others. Click here to read the full story. The post Iraq’s Fai ..read more
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Serbia’s public deficit is growing
Dinar Guru RV
by Google Alert - dinar
3y ago
Two weeks ago, Serbia took out loans by issuing dinar bonds with the maturity date of up to 12 years. The interest rate is 4%, compared to 3.8% of the … The post Serbia’s public deficit is growing appeared first on Dinar Guru RV ..read more
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