money and business
The UAE Aviation Authority has decided to cancel the ban on flights in Iraqi airspace after military operations are close to an urgent organization. A civil aviation source said in an interview that " In the airspace of Iraq and the UAE airlines will begin to cross into Iraqi airspace instead of crossing over the Iranian airspace starting from the middle of next week. "
The source pointed out that "after the abolition of the embargo will begin flights Emirates and the Union across the Iraqi airspace to different countries, and explained that" the number of aircraft will reach 500 aircraft per day in principle, and then increase the number to fold this number per day estimated the proportion of revenues expected after The lifting of the ban at 187,500 thousand dollars per day, and at this rate only revenues reach the airspace of Iraq to 68 million dollars a year, the cost of the cost of crossing the airspace of Iraq $ 375 per plane. "
The source added that" is expected to raise the US Air embargo Soon also after the end of the work Military data than expected arrival of the number of transiting Iraqi airspace aircraft to 2,000 aircraft per day, and if the Iraqi government to lift crossing the skies to $ 1,000 like neighboring countries fees, the amount is expected to cross Iraqi airspace in this case could reach $ 700 million annually. "
at the time announced Minister of Oil Jabbar al-Allaibi, the opening and inauguration of the Chinese refinery in Salahaddin province, noting that it will be a capacity of 20 thousand barrels per day, OPEC announced on Saturday, The daily OPEC basket price rose to $ 61.14 per barrel.
In a cable sent to Prime Minister Haider al-Abadi, Al-Laibi said, "The national staff of the North Refineries Company and the national companies have managed in a record time to reconstruct, open and inaugurate the Chinese refinery in Salahuddin province" .
Al-Luaibi said that "this refinery, which was destroyed by gangs and called the terrorist during the period of control of some of the cities of the province and damaged its facilities, will be a capacity of 20 thousand barrels per day, continuing:" This refinery will provide good quantities of oil derivatives to cover the needs of the province, electric power, as well as providing security and stability this achievement comes within the ministry 's plans in the rehabilitation of facilities and refineries that were vandalized and destroyed by terrorist gangs. "
in the same context , US crude prices have hit their highest level in more than two years end only Bua with the continued closure of a pipeline between Canada and the United States , which is expected to reduce flying to the head of storage facility supplies.
The Ministry of Communications confirmed on Saturday that it has completed the repair, maintenance and rehabilitation of the damaged main copper cable which feeds government institutions in the Rusafa side, in addition to repairing the secondary cables for a number of cabins and in this route, In a statement received by (Al-Mada), a copy of it confirmed that the pace of work of the engineering and technical cadres of the copper cable maintenance bodies of Al-Rasheed Directorate's Badala Al Rasheed increased, as these cadres maintained and rehabilitated the damaged copper cable Governmental institutions such as the courts of Rasafa, the Ministry of Oil and the Neural Hospital, as well as schools and residential houses for citizens, in addition to repairing the secondary cables for a number of cabins and the division within this track and all of them to service.