Day: May 6, 2024

Newspapers published in Baghdad today, Monday, May 6, followed the visit of Prime Minister Muhammad Shiaa Al-Sudani to Italy and the government’s plans to automate banking work, and other issues.

Al-Sabah newspaper, published by the Iraqi Media Network, talked about an upcoming visit by Prime Minister Muhammad Shiaa al-Sudani to Italy, during the next week.

In this regard, it referred to the words of the political advisor to the Prime Minister, Sobhan Al-Mullah Chiyad: ‘The Prime Minister will go to the Italian capital, Rome, on a two-day visit, starting on the tenth of this month of May.’

Mullah Chiyad explained: “This visit comes within the framework of the Iraqi diplomatic openness led by al-Sudani government, linking it to the economic dimension.”

He added: “There are many things in common between Iraq and Italy at the political and diplomatic levels, as well as interconnected interests at the economic level. There are many Italian companies that have dealt and are dealing with Iraq, especially in ind
ustries related to the energy sectors, in addition to Italy’s participation in the international coalition in the war against ISIS and its support for Iraq.

He stressed: “This visit comes within the framework of arranging the bilateral relationship between Iraq and the international coalition countries in preparation for scheduling its withdrawal from Iraq.”

Meanwhile, Al-Sabah quoted the political analyst Aqeel Al-Rudaini as saying: ‘Prime Minister Muhammad Shiaa Al-Sudani is moving in the right direction through his visits to major countries,’ indicating: ‘Al-Sudani has a governmental approach that he has worked on since assuming the position of prime minister, so that practical steps and implementation of this curriculum can begin.

He added: “What al-Sudani is doing is at the heart of the government’s approach, which seeks development and investment in light of the political, economic and security stability available in the country.”

As for Al-Zaman newspaper, it has followed the trend to automate bank
ing work and facilitate banking procedures within the framework of the overall transition towards electronic transformation.

It pointed to the confirmation of the financial advisor to the Prime Minister, Madhhar Muhammad Saleh as saying: ‘The government’s financial strategy encouraged citizens to enter the digital payments, indicating that cash use will witness a gradual closure in the interest of digital financial inclusion starting next year.’

The advisor was quoted as saying: ‘The prevailing customs in practicing the behavior of cash requests according to primitive cash methods in settling financial and commercial transactions are not compatible today with the developments of the modern digital institutional society, especially the change in settling financial transactions and the gradual abandonment of the use of direct cash payment methods in favor of digital payments.’

Source: National Iraqi News Agency

Newspapers published in Baghdad today, Monday, May 6, followed the visit of Prime Minister Muhammad Shiaa Al-Sudani to Italy and the government’s plans to automate banking work, and other issues.

Al-Sabah newspaper, published by the Iraqi Media Network, talked about an upcoming visit by Prime Minister Muhammad Shiaa al-Sudani to Italy, during the next week.

In this regard, it referred to the words of the political advisor to the Prime Minister, Sobhan Al-Mullah Chiyad: ‘The Prime Minister will go to the Italian capital, Rome, on a two-day visit, starting on the tenth of this month of May.’

Mullah Chiyad explained: “This visit comes within the framework of the Iraqi diplomatic openness led by al-Sudani government, linking it to the economic dimension.”

He added: “There are many things in common between Iraq and Italy at the political and diplomatic levels, as well as interconnected interests at the economic level. There are many Italian companies that have dealt and are dealing with Iraq, especially in ind
ustries related to the energy sectors, in addition to Italy’s participation in the international coalition in the war against ISIS and its support for Iraq.

He stressed: “This visit comes within the framework of arranging the bilateral relationship between Iraq and the international coalition countries in preparation for scheduling its withdrawal from Iraq.”

Meanwhile, Al-Sabah quoted the political analyst Aqeel Al-Rudaini as saying: ‘Prime Minister Muhammad Shiaa Al-Sudani is moving in the right direction through his visits to major countries,’ indicating: ‘Al-Sudani has a governmental approach that he has worked on since assuming the position of prime minister, so that practical steps and implementation of this curriculum can begin.

He added: “What al-Sudani is doing is at the heart of the government’s approach, which seeks development and investment in light of the political, economic and security stability available in the country.”

As for Al-Zaman newspaper, it has followed the trend to automate bank
ing work and facilitate banking procedures within the framework of the overall transition towards electronic transformation.

It pointed to the confirmation of the financial advisor to the Prime Minister, Madhhar Muhammad Saleh as saying: ‘The government’s financial strategy encouraged citizens to enter the digital payments, indicating that cash use will witness a gradual closure in the interest of digital financial inclusion starting next year.’

The advisor was quoted as saying: ‘The prevailing customs in practicing the behavior of cash requests according to primitive cash methods in settling financial and commercial transactions are not compatible today with the developments of the modern digital institutional society, especially the change in settling financial transactions and the gradual abandonment of the use of direct cash payment methods in favor of digital payments.’

Source: National Iraqi News Agency

Minister of Information and Culture, Abdulrahman Al-Mutairi said Monday that Arab Media Forum has been a breeding place, since its inception, for ideas, initiatives, and forward-looking studies in various fields of media in its written, audio, visual and electronic branches.

This came in a speech delivered by Minister Al-Mutairi, representing the forum’s sponsor, His Highness the Prime Minister Designate Sheikh Dr. Mohammad Sabah Al-Salem Al-Sabah, at the opening ceremony of the 19th session.

Al-Mutairi referred to the Ministry of Information’s strategy, in his speech, which aimed at strengthening partnership and unifying efforts with the private sector and civil society as a true embodiment of the great interest that the country’s political leadership attaches to the media’s mission of awareness, education, and strengthening the cultural identity of the Arab and Islamic worlds.

The minister added that hosting such forum is an extension of the keenness of His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jab
er Al-Sabah, for unity among Arab nations in the media field and the development of the Arab media structure.

“The State of Kuwait is proud to host its activities and discussion sessions since its first launch 21 years ago,” the minister said.

Al-Mutairi explained that in light of the great transformation that occurred in the media and the modern technological developments that represented a qualitative shift and a real revolution at a remarkable pace, and the mixing of human intelligence with technology in forming the form and content of the media, all professionals and those interested must study, research and analyze the magnitude of the challenges imposed by technology.

Source: Kuwait News Agency

Amman: Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi warned Monday that the Palestinians face another massacre in Gaza as Israel threatened to launch an offensive on Rafah.

He called on X for immediate international action to stop an attack on Rafah, an warned that “failure to do so will be an indelible stain on the international community.”

“Another massacre of the Palestinians is in the making. All must act now to prevent it. Failure to prevent the massacre will be an indelible stain on the international community. Too many massacres have been allowed. Enough.” he wrote.

Source: Jordan News Agency

Kuwait has all the necessary potentials for ameliorating the tourism sector and become a preferred tourism destination for Arabian Gulf and international travelers, travel have experts concurred.

In separate interviews with KUNA on the sidelines of the 31st session of the Arabian Travel Market in Dubai, the experts pointed to the stability, economic development and financial resilience as some of the potentials Kuwait has.

They commended the government endeavors and efforts, especially during the current period, to overhaul the tourism infrastructure, through increasing the number of luxury hotels, world-calls restaurants, and entertainment facilities.

They also underlined the need for well-studied plans and efforts to promote tourism destinations and facilities to attract more visitors from all over the world.

“Kuwait has distinguished geographical location, and diverse and rich culture and history,” Mohammad Mustafa, Dubai-based travel expert, told KUNA.

He pointed out that the development of the touri
sm sector in Kuwait would help achieve sustainable growth in tourism revenues, boost national economy and create job opportunities for nationals.

“Kuwait could also become a leading tourism destination in the region and attract more visitors and tourism investors,” Mustafa said. For his part, CEO of the Golden Globe Company Khaled Abuzaid said that Kuwait has well-established infrastructure and highly qualified national cadres in all economic and investment sectors who are able to develop the tourism sector to be able to compete with regional rivals.

He underlined the pivotal role of the tourism sector in the strengthening the national economy.

Abuzaid called for preserving and developing the cultural and environmental heritage for boosting the national identity of the state and attracts more tourists.

He also encouraged the government to introduce tourism-focused educational and training programs to improve the efficiency of travel agencies, workers and ensure provision of high-level services to tourists
.

Meanwhile, Director General of Lebanon Radio Asaad Marwan told KUNA that Kuwait “possesses great potentials and opportunities to achieve a remarkable tourism renaissance”.

He called the private and public sectors in Kuwait to cooperate to turn this goal into a reality on the ground for benefit of the national economy and society in general.

He urged the Kuwaiti government to launch initiatives and programs to encourage investment in this sector and facilitates related procedures.

He also called for diversifying programs for different kinds of tourism to attract different types of tourists.

The Arabian Travel Market is the leading global event for the inbound and outbound travel industry in the Middle East. For over 30 years, the annual event has connected products and destinations from around the world with buyers and travel trade visitors at the Dubai World Trade Centre.

The 31st edition of Arabian Travel Market, which kicked off on Monday and concludes on Thursday, brings together 2,300 exhibitors,
from more than 165 countries, and 41,000 attendees.

From startups to established brands, the event highlights how innovators are enhancing customer experiences, driving efficiencies and accelerating progress towards a net-zero future for the industry.

The main theme for 2024 edition is ‘Empowering Innovation – Transforming Travel Through Entrepreneurship’, where conferees will explore how innovative sustainable travel trends will evolve and identify strategies for growth within specific key vertical sectors.

The event grows as fast as the markets it serves, generating USD 2.5 billion in deals in 2023, meaning there is no better place to unlock businesses potential.

Source: Kuwait News Agency

Kuwait has all the necessary potentials for ameliorating the tourism sector and become a preferred tourism destination for Arabian Gulf and international travelers, travel have experts concurred.

In separate interviews with KUNA on the sidelines of the 31st session of the Arabian Travel Market in Dubai, the experts pointed to the stability, economic development and financial resilience as some of the potentials Kuwait has.

They commended the government endeavors and efforts, especially during the current period, to overhaul the tourism infrastructure, through increasing the number of luxury hotels, world-calls restaurants, and entertainment facilities.

They also underlined the need for well-studied plans and efforts to promote tourism destinations and facilities to attract more visitors from all over the world.

“Kuwait has distinguished geographical location, and diverse and rich culture and history,” Mohammad Mustafa, Dubai-based travel expert, told KUNA.

He pointed out that the development of the touri
sm sector in Kuwait would help achieve sustainable growth in tourism revenues, boost national economy and create job opportunities for nationals.

“Kuwait could also become a leading tourism destination in the region and attract more visitors and tourism investors,” Mustafa said. For his part, CEO of the Golden Globe Company Khaled Abuzaid said that Kuwait has well-established infrastructure and highly qualified national cadres in all economic and investment sectors who are able to develop the tourism sector to be able to compete with regional rivals.

He underlined the pivotal role of the tourism sector in the strengthening the national economy.

Abuzaid called for preserving and developing the cultural and environmental heritage for boosting the national identity of the state and attracts more tourists.

He also encouraged the government to introduce tourism-focused educational and training programs to improve the efficiency of travel agencies, workers and ensure provision of high-level services to tourists
.

Meanwhile, Director General of Lebanon Radio Asaad Marwan told KUNA that Kuwait “possesses great potentials and opportunities to achieve a remarkable tourism renaissance”.

He called the private and public sectors in Kuwait to cooperate to turn this goal into a reality on the ground for benefit of the national economy and society in general.

He urged the Kuwaiti government to launch initiatives and programs to encourage investment in this sector and facilitates related procedures.

He also called for diversifying programs for different kinds of tourism to attract different types of tourists.

The Arabian Travel Market is the leading global event for the inbound and outbound travel industry in the Middle East. For over 30 years, the annual event has connected products and destinations from around the world with buyers and travel trade visitors at the Dubai World Trade Centre.

The 31st edition of Arabian Travel Market, which kicked off on Monday and concludes on Thursday, brings together 2,300 exhibitors,
from more than 165 countries, and 41,000 attendees.

From startups to established brands, the event highlights how innovators are enhancing customer experiences, driving efficiencies and accelerating progress towards a net-zero future for the industry.

The main theme for 2024 edition is ‘Empowering Innovation – Transforming Travel Through Entrepreneurship’, where conferees will explore how innovative sustainable travel trends will evolve and identify strategies for growth within specific key vertical sectors.

The event grows as fast as the markets it serves, generating USD 2.5 billion in deals in 2023, meaning there is no better place to unlock businesses potential.

Source: Kuwait News Agency

Amman: The Amman Stock Exchange (ASE) closed Monday’s trading with a decline of 0.26 percent, at 2,354 points.

The session saw 1.7 million shares traded, valued at JD2.7 million, through 1,789 transactions.

Figures revealed that 22 companies experienced an uptick in their share prices, 25 dropped and 25 were unchanged.

Source: Jordan News Agency