If you have a lot of dinars, don't you dare let them out of your sight. Many of you are finding out if it's a small bank, just like we told you, they're going to send them to a bigger bank. No, no.
'Tell me the address of the bigger bank where you're going to send my dinar to be verified here in Ohio?'
'To Columbus, probably to our state bank down there.' Okie-Dokie I'm going to take them down there.
But in my case no...I'm not going to [just] one place...Make appointments with [different banks] for them to come to my [your] house...They'll bring all the protection that is needed...
Shafaq News / The first phase of the large port of Faw project located in the Faw Peninsula south of Basra governorate, the far south of the country, is expected to be completed by the end of 2025, to be one of the economic tributaries of the budget and a key pillar of the Iraqi economy, as well as providing at least 150,000 job opportunities for the people of Basra governorate and the rest of the Iraqi governorates.
Iraqi Prime Minister Mohammed Shia Al-Sudani announced on Thursday the receipt of the five berths that represent the backbone of the Al-Faw Grand Port project in its first phase, describing the port as “Iraq’s most prominent project, and the people’s project.”
Al-Sudani said during the ceremony of receiving the sidewalks from the Korean company that his government faced “great challenges” in starting the implementation of the vital development road project, considering the Al-Faw Grand Port project that it would transform the historical geographical situation of Iraq.
For his part, Transport Minister Razak Muhaibs Al-Saadawi said in a speech during the same ceremony that: FAO Port and Development Road are the gateway to economic growth in Iraq and the region.
On September 14, the Sudanese stressed the need to intensify research and explanations on the two projects of the Great Port of FAO, the development path and the opportunities they will provide, pointing out that these two projects are a basic gateway for economic growth in Iraq and the region, and an important pillar for the expansion of the non-oil economy.
In this context, the spokesman for the Iraqi Ministry of Transport, Maitham Al-Safi, said that “the port of Al-Faw is an important strategic port that will be the lungs of the development road and its beating heart, and this port will allow Iraq to have a view of the sea and benefit from its waters.”
Speaking to Shafaq News Agency, Al-Safi pointed out that “there are future prospects related to this giant project, which consists of five other projects representing the port’s infrastructure, most notably the five berths that have been completed by 100%.”
He also added that “the road linking the port of Al-Faw and Umm Qasr reached a completion rate of 92 percent, and the submerged tunnel, one of the important projects, and the wonderful urban planing in the large port of Al-Faw, has also reached a high completion rate.”
He added: “The ten pieces of the submerged tunnel project were also flooded in the tunnel basin in order to pull them to the Khor Al-Zubair canal and place them in the trench dedicated to it, so that there is a process of completing the connection of the two sides of the road leading from the port of Al-Faw towards the city of Umm Qasr and then the city of Safwan.”
Regarding the third project,
Al-Safi explained that it is the “navigation channel”, which reached 77%, as well as the “container yard” project, and its completion rate reached 88%, and there are multiple projects such as breakwater, and this is complete with the port entrance by 100%.
He stressed that “the importance of FAO port is consistent with the nature of benefiting from it, as this project is dedicated to large and medium-sized tonnages, and there will be a link between Asia and Europe through this port,” noting that “FAO port is related to a larger project, which is the Development Route project, as the FAO port is one of the components of this project, considering that the development route project as well as the railway and land line represent three main components of the Development Road project.REPORT THIS AD
He pointed out that “there are field visits from Turkey to the port, as well as from specialized committees from advanced foreign countries in port work, and there are also continuous visits from Arab and Asian delegations to see the work of the port,” stressing that “the port of FAO will represent a fundamental pillar of the Iraqi economy, which will go to economic diversification instead of unilateralism by relying on oil and the renter economy.”
Al-Safi concluded by saying that “the port of FAO will be dedicated to the development of future projects, including the establishment of the largest industrial zone in the Middle East in line with global technological development, and the port’s coasts will be used for tourism issues and others.”
For his part, the Chairman of the Finance and Administrative Committee in the Basra Provincial Council, Dr. Shukrak Mahmoud Al-Amiri, explained that “the receipt of the five berths, which are one of the projects in the large port of Al-Faw, is of strategic importance for Iraq and the beginning of realizing its dream of having an independent port overlooking the Arabian Gulf with a large submerge receiving giant ships.”
Al-Ameri said during his talk to the agency, “this stage, in which five berths with a length of 1750 meters were completed, will be followed by the furnishing of these piers and at the same time the arrival of specialized companies to manage the operation process.”
Four other projects are in the process of being completed, namely the road linking FAO and Umm Qasr, which reached a completion rate of about 90 percent, the submerged tunnel, the navigation channel, excavation works, marine landfills and the container yard, according to Al-Amri.
He warned that “the above projects will be completed as planned in 2025, and at the end of 2025, the port may be opened as a first stage of receiving ships and operates in five berths, and during this stage, the Ministry of Transport may start completing the completion of the rest of the berths, as the port has 99 berths distributed in three phases, all of which end according to the plan in 2038.”
He stressed that “it is possible to start with the five berths to be strengthened successively, as the area of the Faw port is 54,000 dunums, and throughout this area there will be work that attracts labor at all levels.”
Advertisements
REPORT THIS AD
He pointed out that “it is planned for the port to achieve 200,000 job opportunities if it works at full capacity, and it was agreed in the Basra Provincial Council that the Iraqi worker should have priority in working while giving way to the foreign worker, the condition of specialist, while normal labor must be Iraqi.”
In turn, the president of the Union of Iraqi Businessmen in Basra, Sabih Al-Hashemi, said that “the great port of Faw is considered an important economic event and one of the economic tributaries of the Iraqi budget in general, as well as a vital and strategic port and will be the artery of the Iraqi economy.”
During his talk to Shafaq News, Al-Hashemi predicted that “the port will provide at least 150,000 job opportunities for the people of Basra and the rest of the Iraqi provinces, including the Kurdistan Region,” expressing his hope to “speed up its completion and attention to it by the concerned authorities.”
The cost of the FAO port is about 4.6 billion euros, with an estimated capacity of 99 million tons per year, to be one of the largest ports bordering the Gulf and the tenth in the world, and the foundation stone for this project was laid on April 5, 2010.
The issue of the large port of FAO, and the slowness in its completion, sparked a wide controversy in Iraq, and the deputies of successive governments were accused of making deals with neighboring countries that exaggerated the establishment of the port for the benefit of the ports of those countries. The project also witnessed some looning after the “suicide” of the technical director of the South Korean company Daewoo, which implements the Faw Grand Port project, for mysterious reasons.
WALKINGSTICK You told us about these bulletin boards/ billboards that are going be brought to you there at the bank...Do you have the bulletin boards, you know the ones that you told me that they were going to send you with the pictures...explanations/descriptions of all the notes?
You have...the ones you told me are going to be distributed to all these currency centers, to all the banks?
AKI: No. I don't have them in the Dearborn banks yet.
WALKINSTICK: Have they told you when they're going to give you these boards?
AKI: I was there, Sudani was there, Alaq was there, the US Treasury, IMF, World Bank, everybody was there when these were constructed so I'm not going to tell you when we're going to display them but I'm going to tell you that I'm going tell you that I'm going to.
WALKINGSTICK: #1 you don't have them in your possession yet?
AKI: Correct
WALKINGSTICK: #2, you were present when these boards were made?
The spokesman for the Iraqi government, Bassem Al-Awadi, said on Saturday that the recent contact between Prime Minister Mohammed Shia Al-Sudani and the US President-elect Donald Trump is characterized by a high degree of positivity, and while pointing out that the communication reflects the mutual desire between Baghdad and Washington to maintain a high level of understanding, he stressed that the Prime Minister welcomed Trump’s statements about stopping the war in the region and announced his readiness to participate in this path to maintain stability.
Al-Awadi said in a statement to the official agency, followed by “Mawazin News”, that “the recent contact between the Prime Minister and US President-elect Donald Trump was characterized by a high degree of positivity between the two presidents, and without a doubt such a call should have occurred 48 hours after President Trump’s victory in the elections and before the official inauguration day, and the keenness of the two parties to communicate by phone reflects the mutual desire between Baghdad and Washington to maintain a high level of understanding and communication and push relations to high levels.”
He continued, “The two parties stressed the importance of moving forward with relations, and the Prime Minister referred to President Trump’s positive statements on stopping the war in the region and stressed his readiness to actively participate in this path to maintain the stability of the region. President Trump also indicated his aspiration for a close meeting with the Prime Minister, which confirms that Baghdad and Washington are committed to the agreed path and what requires is cooperation in order to strengthen it.”
He continued, “Baghdad and Washington have been able since 2011 until now to build a sober infrastructure for relations based on technical and professional committees and a clear roadmap starting from the Strategic Framework Agreement (SFA), the Joint Cooperation Committee (JCC), the Higher Coordination Committee (HCC), and the Joint Security Dialogue Committee (JSCD), in addition to the role of the foreign ministries of the two countries and the role of ambassadors, and the continuation of hotlines through the international relations committees in the Prime Minister’s Office, culminating in communication between the Prime Minister and senior American administration officials, and each of these committees takes its role professionally and technically far from political influences in enhancing the reality of the relationship between the two countries.”
He pointed out that “certainly the political relationship between Baghdad and Washington went through a state of rise and downs, but the sober ground, the mutual readiness for joint action and good intentions have always modified the level of decline and pushed it forward, so the Iraqi government, based on its primary duty to preserve Iraq’s foreign interests, puts the relationship with the international community and the major countries at the top of the list of political priorities and will continue the journey of working with the various administrations on the basis of common interests and mutual respect.” On Friday, Sudanese Prime Minister Mohammed Shia held a call with US President-elect Donald Trump, in which they agreed to coordinate together to end wars in the region.
The Prime Minister’s Information Office said in a statement received by NRT Arabic, a copy of it, that “the Prime Minister expressed during the call his congratulations on the President and the American people on the occasion of winning the elections, and the great trust given to it by the American people.”
He added, “The two sides also stressed the desire to continue the strategic partnership between the two countries, and strengthen bilateral relations in ways that go beyond the security aspect, through close cooperation in the fields of economy, money, energy and technology.”
The Prime Minister indicated – according to the statement – that “he was aware of the words and promises of Trump, during the election campaign, including his commitment to ending wars in the region, and the two sides agreed to coordinate together to achieve this.”
For his part, the US president-elect expressed “the desire to work positively with the Prime Minister, and meet in the near future to discuss expanding relations between Iraq and the United States of America, and work on these common files.”
FIREFLY:Sudani and his government they're all on TV...and they're sending congratulations to the president of the United States Donald J Trump and they're saying we need to continue bilateral cooperation.
FRANK: I am very pleased Donald Trump won but more so I, who is invested in the Iraqi dinar, find myself very pleased...Donald Trump got an amazing amount of Arab votes up here in Michigan because he promised peace and that's what the Middle East citizens want...