Saturday, March 29, 2025

Rafidain Bank directs its branches to work on Saturdays and Sundays to disburse outstanding financial dues., 30 MARCH

  Rafidain Bank directs its branches to work on Saturdays and Sundays to disburse outstanding financial dues.

Today, Friday, March 28, 2025, Rafidain Bank directed its branches to work on Saturdays and Sundays to disburse "pending" financial dues.

A statement from the bank's media office, received by Baghdad Today, stated that "Rafidain Bank has directed its identified branches (Al-Muheet - Arab Quarter - Haifa - Al-Waziriya - Sheikh Omar - Al-Zawiya - Nasr Square - Bab Al-Muadham - Seven Palaces) to work on Saturday and Sunday."

He pointed out that the directive to work is to "disburse financial dues to owners of outlets and collect revenues from petroleum products and gas stations." link

Tishwash:  Iraq prepares for the largest leap in electricity production: historic contracts with GE and Siemens and plans to compensate for gas shortages.

Minister of Electricity Ziyad Fadhil revealed on Friday that Iraq is about to sign two historic contracts with the American company General Electric and the German company Siemens to boost electricity production. The first contract will provide 24,000 megawatts, while the second will add 10,000 megawatts to the national grid.

The minister confirmed in a statement received by Al Furat News that "the issue of importing Iranian gas has not yet been resolved, explaining that the ministry has not received any official notification of the suspension of supplies, while discussions on the matter are still ongoing." 

In the face of any potential gas supply shortage, Fadel noted that "the government has alternative plans, including the use of kerosene, taking advantage of electricity interconnection projects with neighboring countries, solar power plants, combined-cycle units that do not require fuel, and the establishment of a floating gas platform at the port to enhance energy sources." ;

The minister noted that "the ministry is currently implementing the largest campaign to resolve power grid bottlenecks in all governorates, by upgrading and creating new lines and installing transformer stations, with the goal of achieving greater stability in supply hours." 

Regarding warnings of an electricity crisis next summer, Fadel confirmed that "there is an exaggerated hype," emphasizing that the government is well aware of the challenges and has clear plans to address them and ensure stable electricity supply in the coming months.  link

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