money and business
Russia's Rosneft pays $ 1.3 billion to Kurdistan for oil supplies
Russian oil firm Rosneft announced on Tuesday it had paid $ 1.3 billion to the Kurdistan Regional Government (KRG) in 2017 as advance payments for oil supplies, announcing a jump in net profit in the third quarter of this year .
The results of the largest oil producer in Russia showed that its net profit jumped 80 percent year-on-year in the third quarter to 47 billion rubles ($ 792 million) supported by higher crude prices, but came below expectations in a Reuters poll, Analysts confirmed the agency's views, expecting Rosneft to make a third-quarter net profit of 66 billion rubles.
The company's sales rose between July and September to 1.5 trillion rubles from 1.22 trillion rubles, in line with the survey results.
And increased earnings before interest, taxes, depreciation and amortization (EBITDA) 371 billion rubles in the third quarter, compared with 292 billion rubles, compared with expectations by reaching 356.3 billion rubles.
Russian oil firm Rosneft announced on Tuesday it had paid $ 1.3 billion to the Kurdistan Regional Government (KRG) in 2017 as advance payments for oil supplies, announcing a jump in net profit in the third quarter of this year .
The results of the largest oil producer in Russia showed that its net profit jumped 80 percent year-on-year in the third quarter to 47 billion rubles ($ 792 million) supported by higher crude prices, but came below expectations in a Reuters poll, Analysts confirmed the agency's views, expecting Rosneft to make a third-quarter net profit of 66 billion rubles.
The company's sales rose between July and September to 1.5 trillion rubles from 1.22 trillion rubles, in line with the survey results.
And increased earnings before interest, taxes, depreciation and amortization (EBITDA) 371 billion rubles in the third quarter, compared with 292 billion rubles, compared with expectations by reaching 356.3 billion rubles.
Hamami announces activation of a contract to purchase planes from "Bembarder" Canada
announced Transport Minister Kazem Al - Hamami, on Tuesday, reaching a solution formula for the activation of a contract in 2013 to buy planes from the company "Bembarder" Canadian, pointing out that this decade, Sarphi Airlines fleet Iraqi aircraft.
Said Hamami in a statement received (range), a copy of it, he "visited today Bembarder Canadian aircraft manufacturing company 's headquarters in Dubai Air Show, to see the aircraft contracted by Iraq in 2013 with the company to buy five planes have not been activated until now."
He added Hamami, that " the new aircraft with high features, where they offer a difference of 20% of the fuel for ordinary aircraft , " asserting that " the pilot can complete the take - off and landing requirements without any treatment."
He explained that "the safety factor is very high, and has the ability to drones," adding that "a formula was reached to activate the contract with this company and take advantage of these aircraft to supply the fleet of Iraqi Airways with other modern aircraft in line with our aspirations to open airlines With the different countries of the world. "
Al-Hamami said that the company will be obliged to pay 400,000 dollars for each aircraft as spare parts. He pointed out that Iraq is the first country in the region to contract with the Canadian company in the company with this potential and high specifications.
announced Transport Minister Kazem Al - Hamami, on Tuesday, reaching a solution formula for the activation of a contract in 2013 to buy planes from the company "Bembarder" Canadian, pointing out that this decade, Sarphi Airlines fleet Iraqi aircraft.
Said Hamami in a statement received (range), a copy of it, he "visited today Bembarder Canadian aircraft manufacturing company 's headquarters in Dubai Air Show, to see the aircraft contracted by Iraq in 2013 with the company to buy five planes have not been activated until now."
He added Hamami, that " the new aircraft with high features, where they offer a difference of 20% of the fuel for ordinary aircraft , " asserting that " the pilot can complete the take - off and landing requirements without any treatment."
He explained that "the safety factor is very high, and has the ability to drones," adding that "a formula was reached to activate the contract with this company and take advantage of these aircraft to supply the fleet of Iraqi Airways with other modern aircraft in line with our aspirations to open airlines With the different countries of the world. "
Al-Hamami said that the company will be obliged to pay 400,000 dollars for each aircraft as spare parts. He pointed out that Iraq is the first country in the region to contract with the Canadian company in the company with this potential and high specifications.
الراف Rafidain grants operational loans to private universities
Rafidain Bank announced on Tuesday that it granted operating loans to private universities, saying that this step contributes to support and create the appropriate educational environment in the country.
"It is decided to grant operating loans to private universities up to 100 million dinars," the bank's information office said in a statement received by Al-Mada. "The loan term is up to five years."
The office added that "the student loan provides a picture of a recent registration of the property to be mortgaged in favor of the bank," returned that "this step contribute to support and create the appropriate educational environment in the country."
In the same context, announced Rafidain, the granting of loans to expand the work of private schools, kindergartens, indicating that this includes all stages.
In order to provide support to private schools and kindergartens and to contribute to the creation of the educational environment, it was decided to grant operational loans to develop these schools. "
The bank added that" kindergartens were allocated 25 million dinars and primary schools were granted 50 million dinars, And the secondary granted them 75 million dinars. "The
bank began during the past year, granting loans and advances to employees and owners of hotels and health professionals and amounts ranging between 3 to 100 million dinars.
Rafidain Bank announced on Tuesday that it granted operating loans to private universities, saying that this step contributes to support and create the appropriate educational environment in the country.
"It is decided to grant operating loans to private universities up to 100 million dinars," the bank's information office said in a statement received by Al-Mada. "The loan term is up to five years."
The office added that "the student loan provides a picture of a recent registration of the property to be mortgaged in favor of the bank," returned that "this step contribute to support and create the appropriate educational environment in the country."
In the same context, announced Rafidain, the granting of loans to expand the work of private schools, kindergartens, indicating that this includes all stages.
In order to provide support to private schools and kindergartens and to contribute to the creation of the educational environment, it was decided to grant operational loans to develop these schools. "
The bank added that" kindergartens were allocated 25 million dinars and primary schools were granted 50 million dinars, And the secondary granted them 75 million dinars. "The
bank began during the past year, granting loans and advances to employees and owners of hotels and health professionals and amounts ranging between 3 to 100 million dinars.
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