The US Embassy in Baghdad announced it will conduct a test and activation of the C-RAM air defense system, during which warning sirens will sound from 4:00 am until 6:00 am) tomorrow morning, Saturday.
Source: National Iraqi News Agency
Day: May 12, 2023
Prime Minister Muhammad al-Sudani met today with a number of clerics from various components in Nineveh, tribal sheikhs, notables, representatives of professional and sectoral federations and syndicates, as well as a group of activists in the province.
Al-Sudani expressed, according to a statement by his media office, his pride in being in Nineveh Governorate, which he calls a mini-Iraq, with what it represents of the diversity of nationalities, religions, sects, and honorable components, which is an element of strength for Iraqi society.
The Prime Minister affirmed the government’s interest, since the beginning of its duties, in the governorates, where the governors are discussed in the smallest details and there are teams to follow up the decisions, indicating that the priorities of the government program were set based on an accurate reading and diagnosis of what our governorates need.
He explained that his visits to the governorates are carried out according to a specific program, and after their completion, a specialized team will be present in the governorate with powers from all ministries for a week or more to follow up the issues that have been diagnosed and take decisions regarding them, and to submit some of them to the Council of Ministers for approval, and the decisions will be followed up with the governorate.
Al-Sudani stressed that the province is on the verge of an economic service process, which will be the basis for stability and security in it, stressing the need to move away from partisan quotas to strengthen the state and its institutions, with the aim of achieving the development we aspire to, and investing in the opportunity for political and security stability that Iraq is witnessing, which coincides with the regional stability of the region, which includes providing an opportunity for us to establish more work and take a step forward.
Source: National Iraqi News Agency
Asian shares were mostly lower Friday on looming worries over U.S. banks and lagging demand from China, the region’s major driver of growth.
“Asian equities struggled for direction after weak inflation data in China pointed to weakening demand,” said Stephen Innes, managing partner at SPI Asset Management.
Recent data reflect very low inflation and weak credit extensions in China, which all indicate slowing growth as the initial jump from the nation dropping pandemic-related restrictions fades, he said.
In energy trading, benchmark U.S. crude gained 30 cents to $71.17 a barrel. Brent crude, the international standard, added 23 cents to $75.21 a barrel.
In currency trading, the U.S. dollar stood unchanged at 134.52 Japanese yen. The euro cost $1.0922, inching up from $1.0921.
Source: Bahrain News Agency
Categories
European stocks close higher
European stocks rose today after the strong results of the Richemont Group boosted the performance of the luxury goods sector.
Investors are also assessing inflation data in France and Spain in search of clues about the European Central Bank’s plans to raise interest rates.
Shares of luxury goods group Richemont climbed 7.5% after its full-year results to the end of March showed operating profit rose to an all-time high of 5.031 billion euros ($5.491 billion).
Sales at the Swiss firm also hit a new record of 19.9 billion euros, ahead of estimates.
Source: Bahrain News Agency
The Minister of Industry and Commerce Abdullah bin Adel Fakhro, met South Korean Vice SMEs and Startups Minister Cho Joo-hyun in Seoul.
The meeting, which was held in the presence of a number of officials from both sides, was within the official visit of a Bahraini high-level business delegation to South Korea.
Fakhro stressed the importance of the SMEs, which are supported by the Government, underlining cooperation to benefit from the South Korean expertise in developing this vital sector and building various bilateral partnerships.
Source: Bahrain News Agency
Second Vice-Chairman of the Bahrain Chamber of Commerce and Industry (BCCI), Mohammed Abduljabbar Al-Koheji, has stressed the importance of strengthening partnership between the Bahraini and South Korean business sectors, towards broader horizons at all levels, calling for investing in the promising opportunities and projects available in both countries.
Al-Kooheji is a member of the high-level Bahraini economic delegation, currently on an official visit to South Korea.
During the visit of the Bahraini delegation to a number of international ICT companies in South Korea, such as LG and NAVER, BCCI Second Vice-Chairman asserted that the Bahraini-Korean trade cooperation is slated for more growth, praising the progress boom witnessed by the Republic of Korea across various fields, including economic development, technology, education and medicine.
While participating in the Korea-Bahrain Business Forum for Investment, Al-Kooheji informed South Korean officials and investors about the available opportunities, calling for the need to take advantage of them to increase the volume of bilateral trade exchange.
He indicated that the available opportunities are promising in various sectors, especially in light of the facilities offered by the Kingdom, as part of its vision to advance investment in the public and private sectors.
The meetings shed light on practical initiatives that could enhance trade relations and the flow of bilateral investment.
The participants exchanged ideas on various commercial and investment opportunities that appear in different sectors.
Source: Bahrain News Agency
The Kingdom of Bahrain today marks the International Nursing Day, observed annually on May 12.
The 2023 edition is being held under the theme “Our Nurses. Our Future.”, ushing in a global campaign on how nursing in the future should address global health challenges and improve global health for everyone.
The annual occasion aims to highlight the nursing staff’s contributions and initiatives in serving all patients and members of society within the framework of achieving the goals of comprehensive health coverage.
It also sheds lights on the importance of developing the future of the nursing profession in the world, and educating health care officials about the rights of male and female nurses.
This year’s theme embodies the attention attached to the nursing staff and the important and vital role in providing care for all and enhancing health services.
It is also provides a window to highlight their achievements and initiatives in developing the nursing profession despite the challenges and difficulties they face.
In a statement today, the Ministry of Health stressed the importance of supporting the nursing staff, providing opportunities to keep abreast of scientific developments and developments, encouraging training, specializations and new skills, and investing in this sector .
Source: Bahrain News Agency