FinPol Digest

 MG Bahrain Motors In June, Zayani Motors, the exclusive MG distributor in the Kingdom of Bahrain, will extend a significant discount that will cover the most recent models of the ZST, HS, and RX8 SUVs.  All three products highlight the brand's best fusion of elegance, convenience, and high performance while offering fantastic pricing and top-notch features.  The MG ZST is a potent-looking crossover SUV with a striking design. The appearance is distinguished by a hexagonal grille with a black finish and thin headlights.  With a powerful 1.3-liter Turbo engine that produces 160 horsepower and 230 Nm of peak torque and a six-speed automated transmission that makes acceleration effortless, you can reach 100 km/h in 9.8 seconds for a snappy drive.  This is contrasted by the magnificent MG HS's expansive front grille, distinctive two-tone LED headlights, and striking 18-inch alloy wheels. The car, which has a starting price of BD 9,999, provides an enjoyable driving ...

 The security of Iran's shared border with Afghanistan is absolutely secured, according to a senior Iranian military officer, because the Iranian Army's Ground Force has complete authority over the area. One day after armed clashes between Iranian border guards and Taliban fighters in the region claimed the lives of three people, Kioumars Heydari, commander of the Iranian Army's Ground Force, made the comments during a visit to Iran's southeast Sistan and Baluchestan province, which borders Afghanistan. According to him, the Iranian armed forces' presence on the shared border does not indicate that the nation is in danger; rather, it is done to preserve intelligence dominance and guarantee border security. He also said that while Iran is devoted to the idea of good neighborliness, it will retaliate if the other side does not follow the law. The confrontations ceased on Saturday, according to Iran's deputy police chief Qassem Rezaei, who was present during the vi...

`  Turkey's Foreign Minister, Mevlut Cavusoglu, has said that more than 550,000 Syrian refugees have returned to places that have been freed from terrorism. Cavusoglu stated in an interview that was live-streamed on the NTV channel, "We sent back 553,000 immigrants to the regions we cleared of terrorism." In addition, he stated that 1 million refugees will be housed in 240,000 homes in northern Syria. The minister said, "We aim to transport Syrians to locations that the (Assad) administration controls as well as to safe places. In order to ensure Syria's security and stability, Cavusoglu emphasized the significance of a quadripartite summit on the country. "We decided to set up the necessary infrastructure for Syrians to return to regime-controlled regions in a secure manner. At the previous summit of foreign ministers in Moscow, we reached an agreement. In other words, we are already committed to send the Syrians back, and we have agreed to set up a committ...

 Iran cannot be permitted to pursue the creation of a nuclear weapon because, once uranium has been weaponized, it will be possible for it to extort the region. Israel, the Middle East, and the rest of the world are still seriously threatened by Iran. Israel's top security and defense officials raised the alarm about Iran's continued progress towards a nuclear weapon this week at the Herzliya Conference at Reichman University. According to IDF Chief of Staff Lt.-Gen. Herzi Halevi, Iran has recently increased its uranium enrichment levels. He said that this is a serious issue and shows that the Islamic Republic is headed towards nuclear capability. Overall, it appears that Iran will continue to behave badly on several fronts, and Israel must maintain its vigilance. While we shouldn't be overly alarmed about the Iranian threat, we also need to prepare for the ongoing provocations that Tehran will likely throw at us soon, as stated in the remarks made by our senior defense of...

 The Duchess of Edinburgh traveled to Baghdad for the first time on behalf of sexual assault victims—a first for the British royal family. She stayed in the Iraqi capital for two days, visiting a girls' school and having meetings with the president and prime minister of the nation. Security concerns necessitated that the journey be unannounced. She spoke at the annual Women's Voices First Conference to encourage women's involvement in peacemaking. The duchess's travel companion for most of the trip, UK Ambassador Mark Bryson-Richardson, complimented her for becoming the first member of the British royal family to visit Baghdad. The duchess has always advocated for gender equality, and on March 8, 2019, International Women's Day, she unveiled a plan to aid the UN mission for women , peace, and security. She spoke with children at the Hitten Girls' School in Baghdad about education and her goals for the future. During the trip, she also visited a family planning c...

 Mazen Al-Faraya, the Interior Minister of Jordan, recently met with his Iraqi counterpart, Abdul Amir Al-Shammari to discuss effective ways to improve security cooperation. The discussion focuses on numerous important aspects pertaining to regional security and cooperation such as the movement of goods, vehicles, and people across the two nations. Security and administrative expertise were also exchanged between the two leaders. During his stay in Baghdad, Mazen Al-Faraya plans to meet with several other Iraqi officials . Al Shammari emphasized the necessity of collaboration between the two nations to address regional security challenges as well as the growth of economic cooperation in a way that enhances development in the two nations. The Jordanian Minister of Interior responded by reiterating his nation's willingness to improve relations with Iraq on a number of security-related fronts, chief among them the fight against drugs and collaborative efforts to combat it. ...

  The next two meetings of the Arab League summit will be held in Bahrain and Iraq, senior officials said on Friday. Regional leaders attended a landmark meeting that Saudi Arabia sponsored recently in Jeddah, a city on the Red Sea. Syrian President Bashar Al Assad rejoined the Arab League after spending the previous 12 years outside of it. 2011 saw the suspension of Damascus because of the harsh suppression of pro-democracy protesters that resulted in civil conflict. In his speech to the league, Bahrain's King Hamad remarked, "We are pleased to express that we will welcome you all to the Kingdom of Bahrain, for the forthcoming Arab summit meetings in 2024." Mohammed Shia Al Sudani, the prime minister of Iraq, spoke after him and announced that Baghdad will host the summit in 2025. Mr. Al Sudani stated, “I offer an invitation to hold the Arab Summit in Baghdad in 2025, which looks forward to welcoming our Arab brothers in Mesopotamia.” Volodymyr Zelenskyy, the president...

 Mokgweetsi Masisi, the President of Botswana, met with Ahmed Kattan, Adviser at the Saudi Royal Court with the rank of minister, during his visit to Botswana.  According to the Saudi Press Agency (SPA), Ahmed Kattan conveyed greetings from Salman bin Abdulaziz Al Saud, the King of Saudi Arabia, and Mohammed bin Salman Al Saud, the Crown Prince of Saudi Arabia, to the President of Botswana. During the meeting, Ahmed Kattan sent good wishes to the government and the people of Botswana. Mokgweetsi Masisi also sent good wishes to the Kingdom of Saudi Arabia .  During the meeting, Ahmed Kattan and Mokgweetsi Masisi discussed bilateral relations between Saudi Arabia and Botswana. They discussed ways to improve bilateral ties in all fields between the two nations. They went on to discuss regional and international issues of mutual concern. The President of Botswana voiced support for Saudi Arabia’s bid to host World Expo 2030 in Riyadh , the capital of Saudi Arabia. He voiced B...

 Earlier this week, UN officials encouraged the Iraqi government to push for political and economic reforms and also to continue discussions regarding the reparations for the Kuwaitis who disappeared during the 1990 Iraqi invasion. Along with such discussions, the country’s human rights scenario, especially the position of Iraqi women, received attention from the UN officials. Other nations in the region were also discouraged from violating the territorial sovereignty of Iraq. In a Security Council meeting to discuss Iraq, head of UN Assistance Mission for Iraq and the special representative of the secretary-general for Ira1, Jeanine Antoinette Plasschaert, discussed about her conclusions in her UN Report on the implementation of Resolution 2631. In 2022, the Security Council adopted the Resolution 2631, which states that member states should prioritize providing assistance, support, and advice to the people and government of Iraq to help the inclusive advancement of the nation, ...

 Recently, the International Monetary Fund remarked that Jordan needed urgent structural economic reforms in order to increase the growth beyond the average of 2% to 3%. The IMF is of the opinion that in order to generate more jobs to curb high unemployment, significant reforms were necessary in Jordan. Ron van Rooden, an IMF official, remarked that the rate of unemployment was still high in Jordan, especially for women and the youth. Given these circumstances, structural reforms are necessary to achieve inclusive growth and create more jobs. Currently, the unemployment rate stands at 22.9%, and without significant growth, it is not possible to remedy the current situation. For 2023, the growth rate forecast was 2.6%. However, this growth was still insufficient to better the standards of living of the country which has a current population of eleven million and an annual population growth rate of almost 2%. However, on the positive side, the IMF official has called Jordan a succes...

 In a calculated bid to break into the Saudi Arabian logistics industry, CJ Logistics declared on May 16 that it had inked a Logistics Project Collaboration MOU with Beez Logistics, a regional logistics firm in Saudi Arabia. Since 2017, Beez Logistics, with its headquarters in Riyadh, the Saudi Arabian capital, has offered a full range of logistics services. The firm provides services such as contract logistics, cold chain logistics, and last-mile delivery to a number of sectors, including food and beverage, pharmaceuticals, and health and beauty (H&B). In order to jointly grow their logistics operations in Saudi Arabia, this partnership intends to make use of the networks, skills, technology, and logistics experience of both businesses. Both parties are thinking about different ways to work together to provide delivery services related to the running of Saudi GDC, an iHerb regional logistics hub for the Middle East.  This center's debut is planned for 2024. Global e-comm...

This year, in an effort to boost reserves and revenue, Iraq aims to let foreign entrepreneurs access more of its undeveloped oil and gas resources. The Oil Ministry said on Monday that Iraq, a member of Opec, will submit 13 locations for a round of bidding. Eight of those are oil and gas fields, while five are locations for exploration . In northern, central, and southern Iraq, there are many locations. Companies have until June 15 to submit their interest statements and supporting documentation for the certification procedure, according to ministry spokesperson Assim Jihad. The bidding round has not yet had a date established. According to Mr. Abdel Ghani, the upcoming round would be an addendum to the fifth bidding round held in 2018. Then, only seven of the 11 suggested blocks and fields were chosen. Iraq started luring foreign oil corporations to explore its resources in 2009, encouraged by an improvement in the security situation. The top major oil firms are Exxon Mobil of the Uni...

  Five people were executed to death by Iranian police on Monday for violent drug smuggling in the south of the nation, according to the court. According to Mojtaba Ghahramani, Chief Justice of the southern province of Hormozgan, the prisoners had been found to be "all criminals and armed drug smugglers" and had received death-by-hanging sentences upheld by Iran's highest court. He said, "The sentences of the aforementioned were executed this morning in Bandar Abbas and Minab prisons." With the most recent hangings, eight individuals have been hanged for drug smuggling in less than a week. Following UN warnings about the "frighteningly" high number of executions in the nation, the judiciary killed three drug cartel defendants on Wednesday. Human rights organizations, notably Amnesty International, claim that Iran kills more people each year than any other country outside China. In a rare conviction for desecrating the Quran and insulting the Prophet M...