World Bank's IFC calls for investment in Iraq reconstruction
World Bank's IFC calls for investment in Iraq reconstruction
TigerSwan to Attend Kuwait International Conference for Reconstruction of Iraq
12 February, 2018, 16:52
Rashid Khalikov, UN Assistant Secretary-General for Humanitarian Partnerships with the Middle East and Central Asia, attends a presentation during the Kuwait International Conference for Reconstruction of Iraq on February 12, 2018, in Kuwait City.
However, the secretary-general of Iraq's Council of Ministers Mahdi al-Alaq said nations could it help by acting as guarantors with global lenders.
The IFC has about $1.2 billion in investments in different Iraqi ventures including banks, cement plants and telecommunications, and is preparing to announce a $250 million investment in a telecommunication venture, he said.
Mahlab highlighted the rise in economic growth rates, noting that Egypt's economic reforms and development plans have actually started to bear fruit but they still need to be given more time to prove their complete success and to really reflect on the daily lives of citizens.
Around 70 humanitarian organizations, including 25 from Iraq and 15 from Kuwait, will partake in the conference.
A USA -led invasion toppled Saddam Hussein in 2003 and was followed by years of insurgency, sectarian bloodletting between Sunnis and Shias, as well as ethnic tensions between the Arabs and Kurds, all before ISIS emerged in 2014.
In his speech at the opening ceremony of the Kuwait International Conference for the Reconstruction of Iraq (KICRI), the Iraqi minister said his country needs 88.2 billion dollars to rebuild what has been destroyed by conflicts and the latest war against Daesh (IS). "I have come to tell you of France's support and to accompany you". "We hope French expertise will be used for the reconstruction", Iraq's Foreign Minister Ibrahim al-Jaafari replied.
Non-governmental organizations pledged $330 million U.S. in humanitarian aid to Iraq at a parallel NGO conference on the sidelines of the main reconstruction one, Kuwait's state news agency KUNA reported.
Le Drian, who previously visited Baghdad in August past year, was also scheduled to meet Iraq's Prime Minister Haider al-Abadi, President Fuad Massum and parliament speaker Salim al-Juburi.
New Horizons recorded a picture of a star cluster taken from almost 4 billion miles away, breaking the previous record. This image is, for now, one of the farthest pictures from Earth ever captured by a spacecraft.
An administration official said it expects bipartisan support for the plan, but Democrats have their own proposal. That could be disappointing news for many state and local leaders who have been skeptical of the effort.
The 33-year-old was rewarded with a start over the in-form Birkir Bjarnason in what was a big gamble by Villa boss Steve Bruce. JOHN TERRY was grabbed by the neck by Cheikh N'Doye during Aston Villa's 2-0 win over Birmingham City on Sunday.
After the hiding militants were challenged, they fired at the security forces triggering a gunfight, that is still on. The CRPF camp is close to the SMHS Hospital, where militants struck on February 6.
Instagram has pushed-out a number of new feature to make it easier to follow other users' activities on the platform. Since the feature is now on testing phase, only users that are part of the test are able to have a sneak peek of it.
Even though athletes began competing Thursday, the games officially kicked off on Friday with the Opening Ceremony. North Korea's ice hockey player Hwang Chung Gum and South Korea's bobsledder Won Yun-jong served as flag-bearers.
Travel around one of London's major airports has been plunged into chaos after the discovery of an unexploded World War II bomb. He said that any passengers expecting to fly to or from the airport today should contact their airline for further information.
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Whether they should have given up their first-round pick for Nance can be debated and no one has the right answer right now. Hill would end up scoring 12 points in his debut hitting two threes and providing smart defense on the Celtics' backcourt.
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'N. Korea has concluded frank and candid talks'
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The bundle of energy, Ranveer is undoubtedly the next big thing in Bollywood and has proved his worth on more occasions than one. The actress told Deccan Chronicle, "As far as V-Day is concerned, I think every day should be celebrated as a day of love".
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