TNT – “Tidbits From TNT” Thursday Morning 12-21-2023

CandyKisses:  The Iraqi Trade Bank decides to stop the work of financial transfers as of next Sunday

{Economic: Euphrates News} The Iraqi Trade Bank decided to stop the work of financial transfers as of next Sunday.

In a statement, the bank explained in a statement of which {Al-Furat News} received a copy of it, the reason for the suspension of the financial transfers: “For purposes related to the annual inventory, it was decided to suspend the work of the financial transfers starting from Sunday, 24/12/2023, noting that “the deadline for receiving financial transfer requests will be on Thursday, 21/12/2023.”

“This service will resume on Wednesday, 03/01/2024,” he added.

Tishwash:  5 Countries are in the process of supplying factories to Iraq

The Prime Minister’s Advisor for Technical Affairs, Engineer Muhammad Al-Daraji, reported on Thursday that Iraq is in the process of agreeing with five countries to supply factories to Iraq.

Al-Daraji said in an interview followed by Al-Maalouma, that “there is a committee formed under the direction of Prime Minister Muhammad Shiaa Al-Sudani to implement a paragraph in the budget that stipulates granting the government sovereign guarantees in favor of importing production lines and agricultural equipment for the Iraqi private sector, indicating that this paragraph occurs for the first time.” .

He added, “The government is in the process of agreeing with the countries of Germany, Italy, Japan, China, and Spain, in addition to the Islamic Development Bank, to supply factories to Iraq in exchange for sovereign guarantees and to manage them by the private sector.”

Al-Daraji pointed out, “This step is excellent for strengthening the Iraqi economy and changing its performance philosophy.  link

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Tishwash:  Parliamentary Services: 9 countries are preparing to enter the world of investment in Iraq

Representative Baqir Al-Saadi confirmed on Thursday that there is a desire among nine countries to enter into vital investments in Iraq.

Al-Saadi said in an interview with Al-Maalouma, “Security stability has stimulated investment activity and attracted capital in most of the country’s governorates, which increases the chances of economic recovery and the creation of vital sectors that contribute to crystallizing objective solutions to many crises, including housing.”

He added, “The Sudanese government has actually called on 9 countries, including Arab ones, to invest in 3 vital sectors, most notably housing, while providing a safe environment and a climate that contributes to attracting capital,” stressing that “the investment rate during 2023 is the highest after 2003.”

He pointed out that “Iraq is focusing on strategic investments, especially with the launch of large development projects, most notably the Iraqi Development Road, and achieving great completion rates in the large Al-Faw port, which will create a greater investment climate in the coming years.”

Iraq is distinguished by the diversity of investment opportunities available, especially housing, agriculture, industry and other industries.   link

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Tishwash:   Christmas trees start at 2000 dinars.. Even the poor celebrate 

Gift shops in the Tuwayraj district of Karbala offer a “Christmas” tree and various gifts at reasonable prices, amid great demand ahead of Christmas, which has become a general occasion not limited to Christians, according to the city’s residents.

Abu Zahraa – a resident:

I love these days because they bring joy and renewed hope for the future, as they link the idea of the end with the beginning of a new year.

On the last day of the year, I gather with my brothers and sisters in the large family house, and the women make sweets and decorate the house with festive signs to spend beautiful times.

At the end of each year, I review the history of events and achievements, and I stand by my mistakes and try not to repeat them, and I set goals for the new year.

I wish everyone a happy year full of joys and delights, and may goodness spread to our people, our beloved country, and to the peoples of the entire world.

Durgham Al-Bahrani – gift seller in the women’s market:

Celebrating the birth of Jesus Christ is no longer limited to the Christian component, and in recent years families in the Hindiyah district have begun to pay attention to this occasion to celebrate, break the work routine, and look forward to a more beautiful new year than before.

Parents are keen to buy Christmas trees and decorate them, in addition to buying Santa Claus costumes, which children love so much.

Even low-income families celebrate New Year’s Eve, and lovers exchange gifts.

Prices were high in previous years, and with the increase in demand and the multiplicity of origins, the price of Christmas trees decreased, ranging between 2000 – 130 thousand dinars, and we have sizes and prices that suit everyone.

Ali Al-Khafaji – owner of a gift shop:

Demand for purchases is good and increases as we get closer to New Year. Demand is not limited to families, as many young people buy gifts. link