KTFA:
Frank26: "THE END".................F26
The Issue of a Homeland"... a campaign to support the Iraqi dinar and make it the gateway to building the country
12/7/2023
Encouraging the local currency and dealing with it in light of the current economic conditions that the country is experiencing is an important issue, especially with the government’s intention to “strengthen” the Iraqi dinar against other hard currencies, especially the dollar, as well as seeking to present it first in order for it to be a “homeland issue” in a way. Real.
In the government’s will to encourage dealing in the dinar in all daily transactions, the call emerges for it to be a gateway to building the country again, and to strive to strengthen and advance the Iraqi economy, and to reduce dependence on other foreign currencies, so that according to government directives, it is constant and the rest are variables, so that the dinar is a gateway to sustainable development. And prosperity at all levels.
Frank26: "NATION AFTER NATION KNOWS IT'S NOT A SECRET ANYMORE!!!"..............F26
Frank26: "THE WORLD IS NEGOTIATING WITH IRAQ!!!".........F26
Naguib Sawiris: We are negotiating with government agencies to build an entire city outside Baghdad
12/7/2023 Baghdad
Egyptian businessman Naguib Sawiris, Chairman of the Board of Directors of the Ora Developers Group, said on Thursday that the company is negotiating with Iraqi government agencies to build an entire city outside Baghdad with very huge investments.
Sawiris explained during a press conference to announce the delivery of the first phase of the “ZED Sheikh Zayed” project that work is underway to determine its size during the current period on an area of 55 million square meters.
Sawiris added, “Our work in Egypt cannot be stopped due to the presence of a large number of employees, and the increase in unit prices has certain limits and will stop, which erodes the company’s profits.”
The CEO and Chairman of the Board of Directors of Ora Developers Group confirmed that some units were sold at a price of 5 million pounds, and their prices have now risen to 15 million pounds with the start of delivery.
Regarding the idea of heading to the Saudi market, he stressed that other projects cannot be implemented externally in addition to another project in the Emirates that requires investments of 15 billion dollars.
He pointed out that "the government's facilities for developers are somewhat weak. We offer the company to the government, but we ask them for more, in addition to allowing the sale of units in dollars inside and outside Egypt." LINK
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