Minister of Finance: Iraq seeks to deepen economic partnerships and finance priority projects, 11 APRIL

 Minister of Finance: Iraq seeks to deepen economic partnerships and finance priority projects

Baghdad / Nina / Finance Minister Taif Sami confirmed that Iraq seeks to deepen economic partnerships and finance priority projects.

A statement from the ministry said that “the Minister of Finance participated in the joint annual meetings of the Arab financial bodies held in the State of Kuwait, in the presence of a number of finance ministers and governors of central banks in the Arab countries, which discuss ways to support economic development and enhance financial and investment integration, in addition to reviewing the financial performance reports and economic indicators of the concerned bodies.”

The statement added that “during the opening session, the Minister of Finance stressed the importance of strengthening Arab financial cooperation and exchange of experiences between countries, noting that Iraq seeks to deepen economic partnerships and finance priority projects.”

“Iraq’s participation reflects the government’s keenness to highlight its economic initiatives and achieve balance in its financial relations with the Arab countries, and seek to benefit from the experiences of other countries to develop domestic financial policies,” she said.

The meetings concluded according to the statement by reviewing future initiatives that support financial integration and implement practical plans to promote development. The participants also stressed the importance of exchanging experiences and sharing successful experiences to promote investments and activate cooperation among member states.

The meetings, according to the statement, included:
* Meeting of Arab Ministers of Finance
* Meeting of the Board of Governors of the Arab Fund for Economic and Social Development
* Meeting of the Board of Governors of the Arab Monetary Fund
* Meeting of the Board of Governors of the Arab Bank for Economic Development in Africa
* Meeting of the Board of Shareholders of the Arab Investment Guarantee and Export Credit Corporation
* Meeting of the Board of Governors of the Arab Authority for Agricultural Investment and Development
* Meeting of the Supervisory Board of the “Badir” Fund to Support Entrepreneurship. /Finished8

https://ninanews.com/Website/News/Details?Key=1196947

JUDY NOTES, 11 APRIL

 JUDY NOTES

• The Stock Market went up yesterday today and made a comeback because 75 countries were working out tariff agreements with the US and President Trump.

• Upper paymasters with Wells Fargo and a Redemption Center head said we could get notified tomorrow Fri. 11 April 2025 or over the weekend.

• Tier4b (Us, the Internet Group) Notification and start of exchanges are to be underway before  Easter Sunday 20 April.

• DOGE payments will be made directly to your bank account, which should happen before Easter Sunday 20 April.

• As of this morning 10 April Iraq had announced it’s new international rate on the Dinar.

IQD RV🚨ELECTRONIC SYSTEMS COMPLETE!!: IMPLEMENTATION OF RATE CAN NOW PROCEED!! @DINARREVALUATION

 

Finance Minister: Iraq seeks to deepen economic partnerships and finance priority projects, 11 APRIL

  Finance Minister: Iraq seeks to deepen economic partnerships and finance priority projects

Finance Minister Taif Sami affirmed Iraq's endeavor to deepen economic partnerships and finance priority projects.

A statement by the ministry said, "The Minister of Finance participated in the joint annual meetings of the Arab financial institutions held in the State of Kuwait, in the presence of a number of finance ministers and governors of central banks in Arab countries, which discussed ways to support economic development, enhance financial and investment integration, in addition to reviewing financial performance reports and economic indicators of the relevant bodies."

The statement added that "during the opening session, the Minister of Finance stressed the importance of enhancing Arab financial cooperation and exchanging experiences between countries, noting that Iraq seeks to deepen economic partnerships and finance priority projects."

She continued, "Iraq's participation reflects the government's keenness to highlight its economic initiatives, achieve balance in its financial relations with Arab countries, and seek to benefit from the experiences of other countries to develop local financial policies."

The meetings concluded, according to the statement, with a review of future initiatives that support financial integration and implement practical plans to enhance development. The participants also stressed the importance of exchanging expertise and sharing successful experiences to stimulate investments and activate cooperation among member states.

The meetings included, according to the statement:

Meeting of the Arab Finance Ministers * Meeting of the Board of Governors of the Arab Fund for Economic and Social Development * Meeting of the Board of Governors of the Arab Monetary Fund * Meeting of the Board of Governors of the Arab Bank for Economic Development in Africa * Meeting of the Board of Shareholders of the Arab Investment and Export Credit Guarantee Corporation * Meeting of the Board of Governors of the Arab Authority for Agricultural Investment and Development * Meeting of the Supervisory Board of the Badir Fund to Support Entrepreneurship. 

link

TIDBIT FROM MARKZ, 11 APRIL

 MarkZ

 “My Bond Contacts have gone very quiet. I think this is great news. My biggest Bond Holders told me I was just going to go to voicemail so they did not get into trouble.

 Group contacts are moving to set up for disbursement. 

Yesterday on the banking side we saw a lot of rates populating and changing on nearly every currency we are looking at- throughout the afternoon.

 This is a first. This is exciting. It sounds like Bond Holders are on NDAs and we are just waiting for notifications to come out.”

MIKE BARA: " TODAY AFTER 5 PM" : but they will wait for liquidity to be in the market #iraqidinar

 

One of them is in Iraq... the 10 largest oil fields in the world, 11 APRIL

  One of them is in Iraq... the 10 largest oil fields in the world

The question "Where is the largest offshore oil field in the world?" is widely asked in global economic and energy circles, particularly in light of recent developments in the oil industry and the drive by producing countries to increase their production capacity.

According to data from the Encyclopedia of Oil and Gas Fields, the obvious answer is that the world's largest offshore oil field is located in Saudi Arabia. The Safaniya field has a long history of production and huge reserves that the Kingdom continues to exploit.

The increased focus on identifying the location of the world's largest offshore oil field stems from global competition for energy resources, as Saudi Arabia seeks to strengthen its position as the world's largest oil producer and exporter through massive development projects for the Safaniya offshore field.

The question also arises: Where is the world's largest offshore oil field located? While a number of countries, such as China, are making new offshore discoveries, the Safaniya field retains the title of the world's largest in terms of proven reserves and total production.

 Saudi Safaniya field

The Safaniya field in Saudi Arabia is the world's largest offshore oil field. It is located in the Arabian Gulf, approximately 200 to 260 kilometers north of Dhahran, Saudi Arabia. It has been operated by Saudi Aramco since its official discovery in 1951.

The Safaniya field extends over an area of ​​50 kilometers in length and 15 kilometers in width, and contains proven reserves estimated at approximately 15 billion barrels of heavy oil, while total production extracted from it to date has reached more than 19.2 billion barrels.

Exploration work on the world's largest offshore field began in 1939, after Aramco geophysicist **** Kerr noticed an underwater high area. This reinforced his prediction of the presence of massive oil reservoirs, which was later confirmed when oil began flowing in large commercial quantities on August 15, 1951.

The Safaniya offshore field represents a key pillar of Aramco's strategy to expand offshore production. It is also the fifth-largest oil field in the world in terms of total proven reserves and production, according to Saudi oil field data from the specialized energy platform.

The 10 largest oil fields in the world

The Safaniya field's importance extends beyond its status as the world's largest offshore oil field. It also plays a key role in the global energy mix, strengthening Saudi Arabia's position as a global energy powerhouse, especially as its expansion plans continue through 2027.  link