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Basra University for Oil and Gas / College of Industrial Management for Oil and Gas organized a scientific symposium entitled (The Impact of Al-Aqsa Flood on the Economy of the Zionist Entity). On Wednesday, the eighteenth of October, under the patronage of the President of Basra University for Oil and Gas, Professor Dr. Muhammad Al-Kaabi, the symposium held and moderated by the lecturer, Haider Ali Al-Asadi. The symposium included three research papers, the first was by the Dean of College of Industrial Management for Oil and Gas, Professor Dr. Sami Al-Tamimi. It included the economic effects of Al-Aqsa Flood operation and dealt with the reality of Zionist economy and the repercussions of the heroic operation on the economy, including the decline in the value of the shekel and tourism, as well as the material and military losses that exhausted them. The second was presented by the scientific assistant at the College, Assistant Professor Dr. Nassif Al-Abadi. He stated the economic and religious importance of Al-Aqsa Mosque, which is the station for the final journey of the Prophet Muhammad and the launch towards the sky on the night of Isra and Mi’raj. Al-Abadi spoke about the role of the city of Jerusalem and its importance in the hearts of Muslims as well as religions. He also discussed the criminal actions of the entity that usurped the land and the killing of innocent children and defenseless civilians and the bombing. Hospitals and places of worship to exterminate the Palestinian people, the owners of the land, and highlighted the most important damages caused by the war and the valiant resistance of Zionist entity at all levels, especially economic, and the complete paralysis of the economic movement of the usurping, occupying entity. The researcher also spoke on the decline of the stock market in Tel Aviv by 8% after the beginning of Al-Aqsa Flood operation, as well as the banking sector incurred the largest percentage of losses in trading, approximately 8.7%. As for the third topic, the Administrative Assistant, Dr. Adnan H. Jaaz, spoke about the stages of development of the occupation, the negligent role played by the world in standing up to this entity, and the role of the Camp David and Oslo Accords in suspending the occupation and strengthening its economy. He stated that the resistance in Gaza Strip led to the fall of the Israeli currency (the shekel) to its lowest level against US dollar, as the price of the shekel decreased since first day of flood operation by more than 3%. Jaaz explained that Al-Aqsa flood operation led to losses the energy sector as the price rose. Oil rose to $5 per barrel globally after recent developments. At the conclusion of the symposium, the researchers provided their moral support. Full praise for Palestinian resistance and their courageous role in confronting killers of innocents.
