PROJECTS: Iraq approves Saudi-funded sport stadium
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
PROJECTS: Iraq approves Saudi-funded sport stadium
by GirlBye Tue Oct 06, 2020 2:16 pm
Project costs $1.5bln
Iraq's cabinet has approved a project to build a sport stadium which will be funded by Saudi Arabia, the official Alsabah daily reported on Wednesday.
The cabinet endorsed the project at its meeting in the capital Baghdad on Tuesday, the paper said, adding that the facility would be constructed in Bismaya suburb, which is located nearly 10 km southeast Baghdad.
"At its meeting headed by Prime Minister Mustafa Al-Kadhimi, the cabinet agreed on the project and selected Bisamaya as its site," the paper said.
In late 2018, Baghdad said Saudi Arabia has pledged to fund the stadium at a cost of around $1.5 billion as a "gift to the Iraqi sport sector."
Saudi Arabia, the largest Arab economy, has announced its intention to invest in fellow OPEC-member Iraq to support its war-torn economy following an improvement in political ties over the past few years.
(Writing by Nadim Kawach; Editing by Anoop Menon)
(anoop.menon@refinitiv.com)
Iraq's cabinet has approved a project to build a sport stadium which will be funded by Saudi Arabia, the official Alsabah daily reported on Wednesday.
The cabinet endorsed the project at its meeting in the capital Baghdad on Tuesday, the paper said, adding that the facility would be constructed in Bismaya suburb, which is located nearly 10 km southeast Baghdad.
"At its meeting headed by Prime Minister Mustafa Al-Kadhimi, the cabinet agreed on the project and selected Bisamaya as its site," the paper said.
In late 2018, Baghdad said Saudi Arabia has pledged to fund the stadium at a cost of around $1.5 billion as a "gift to the Iraqi sport sector."
Saudi Arabia, the largest Arab economy, has announced its intention to invest in fellow OPEC-member Iraq to support its war-torn economy following an improvement in political ties over the past few years.
(Writing by Nadim Kawach; Editing by Anoop Menon)
(anoop.menon@refinitiv.com)
GirlBye- VIP NewsHound
- Posts : 1481
Join date : 2018-07-09
Location : So Cal 
claud39 likes this post
Re: PROJECTS: Iraq approves Saudi-funded sport stadium
by claud39 Tue Oct 06, 2020 10:24 pm
Funny feeling, but Saudi Arabia and the United States haven't been friends for recently ???
Claud (Moose)
Claud (Moose)
claud39- VIP NewsHound
- Posts : 17922
Join date : 2018-11-04 -
Re: PROJECTS: Iraq approves Saudi-funded sport stadium
by GirlBye Wed Oct 07, 2020 12:58 pm
Hello Claud I think the relationship between the Saudis and Iraq has improved considerably. Saudi Arabia is helping Iraq to gain electrical independence from Iran. The stadium is a great signal that they feel comfortable investing in Iraq. As for the United States, we have cordial relations with Arabia, but they have recently grown stronger.
Bonjour Claud Je pense que la relation connectée entre les Saoudiens et l'Irak s'est considérablement améliorée. L'Arabie saoudite aide l'Irak à obtenir son indépendance électrique de l'Iran. Le stade est un excellent signal qu'ils se sentent à l'aise d'investir en Irak. Quant aux États-Unis, nous entretenons des relations cordiales avec l'Arabie, mais elles se sont récemment renforcées.
Bonjour Claud Je pense que la relation connectée entre les Saoudiens et l'Irak s'est considérablement améliorée. L'Arabie saoudite aide l'Irak à obtenir son indépendance électrique de l'Iran. Le stade est un excellent signal qu'ils se sentent à l'aise d'investir en Irak. Quant aux États-Unis, nous entretenons des relations cordiales avec l'Arabie, mais elles se sont récemment renforcées.
GirlBye- VIP NewsHound
- Posts : 1481
Join date : 2018-07-09
Location : So Cal -
claud39 likes this post
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» CMEC hosts IBBC and three leading IBBC members on the importance of Iraq to British business.
» Transportation unveils a new tariff for land and air transit
» Dhi Qar signs a memorandum of understanding with a Chinese company to implement projects in exchange for oil
» Judy The Joke: "Certain individuals were notified by email and under an NDA, set their appointments to do exchanges on Wed. 12 May" (NDA? And It's Broadcasted Everywhere? LOL) 5/13/21
» MarkZ PM Update: "I am hearing that funds are being released for the last 3 hours" 5/13/21
» YouTube has given MarkZ a one week time out - RV Lies To Continue In 1 Week! 5/13/21
» Frank26: "The Iraqi Stock Exchange and the Erbil Stock Exchange, oh my gosh they've been hot!" (Oh? Let's Check On That! LOL) 5/13/21
» Bruce: "we did have an increase in rates – on the front screen" (And He Saw Them, Right? Where's The Picture?) 5/13/21
» MilitiaMan: "More interest in the dinar in relationship to the stock exchange is very heavy" (Is It?) 5/13/21
» Guru Pimpy: "we are super pumped about the oil prices going up" 5/13/21
» Frank26: "Look at their banking structures...that is an international status for the banks of Iraq" 5/13/21
» Guru Petra: "In order to have success with investment you have to have a tradable currency" (Question: What Currency Did You Trade For Dinar?) 5/13/21
» Bruce: "I believe that we are ready to get started" (Quiz: It What Year Was That First Said?) 5/13/21
» Mnt Goat: "My contact in the CBI told me that late week that leading political figures along with the IMF met with the Central Bank to plan out how to conduct the project to delete the zeros" (Again?) 5/13/21
» Guru Holly: "Rest assured the process has started" (Over And Over Again LOL) 5/13/21
» Fleming Update: "This would happen at any moment through Friday 14 May" (Would? Who Writes This Crap!) 5/13/21
» The lockdown squanders Eid Al-Fitr's joy and entrenches the recession of Iraqi markets
» Central exchange markets close in Baghdad and Erbil
» Saudi companies prepare to launch giant investments soon in Iraq
» Rouhani identifies an important project with Iraq that "will cause a great change in the region."
» Iraq: Dollar exchange rates in local markets 5/13/21
» THE ARAB MONETARY FUND PUBLISHES A STUDY ENTITLED: "FISCAL POLICY OPTIONS TO SUPPORT MICRO, SMALL AND MEDIUM ENTERPRISES"
» MilitiaMan: "I'll bet once they see the mechanism they'll be dancing in the streets" 5/12/21
» Frank26: "Yes the budget is passed but it is not activated because it does not have the exchange rate" 5/12/21
» MilitiaMan: "There is enough support now that they should have smooth sailing" 5/12/21
» Guru Petra: "it's getting really clear to me that the future is before us" 5/12/21
» Frank26: "they are waiting for just one thing...the rate" 5/12/21
» Mnt Goat: "What will Iraq do with all this money?" 5/12/21
» MarkZ: "Iraq is going to go without them….go solo….and deal with a lower value" 5/12/21
» Guru Holly: "There should be emails and 800#s" 5/12/21
» Judy Note: "Notification at any time. Buckle your seatbelts" 5/12/21
» The Big Call w/ BS Bruce - Intel Highlights "Notification for Tier 4B could happen by Wed. 12 May" 5/11/21
» Fleming Update: "There were 300,000+ transactions spread over 27 categories of RV payouts for bonds, currencies, adjudicated settlements and Tier 1-4B" 5/12/21
» The repercussions of changing the dollar exchange rate ... Planning: the high rate of inflation during April
» Al-Rafidain: Master card holders have priority access to advances and loans
» Iraq: Dollar exchange rates in local markets 5/12/21
» Representative Legal: There is no fight against corruption without implementing this order
» Frank26's 4 Hour Video - DO YOU UNDERSTAND (Don't Worry, He Doesn't Either) 5/10/21
» Frank26: "They are going to raise the value of their currency" (Tired Of The Broken Record Yet? LOL) 5/11/21