Thursday, January 9, 2025

Al-Sudani calls for a comprehensive regional dialogue hosted by Baghdad, which ensures security and stability, and enhances confidence among the countries of the region, 9 JAN

 Al-Sudani calls for a comprehensive regional dialogue hosted by Baghdad, which ensures security and stability, and enhances confidence among the countries of the region

Baghdad /NINA/- Prime Minister, Mohammed Shia al-Sudani called for holding a comprehensive regional dialogue and adopting the language of dialogue as an optimal method for resolving disputes between countries, stressing that Iraq is keen to build balanced relations with all international and regional parties, in a way that achieves the interests of all.

This came during the joint press conference he held today, Wednesday, in the capital, Tehran, with Iranian President Masoud Pezeshkian.

Al-Sudani stressed, according to a statement by the Prime Minister's media office, "rejecting the language of threats and its use in international relations, as it only leads to more crises and tensions, stressing the need to respect international law and the United Nations Charter."

Al-Sudani expressed his appreciation to President Masoud Pezeshkian for his invitation to visit the Islamic Republic of Iran, which comes within the framework of strengthening relations between the two countries, referring to "the expanded meeting held between the delegations of the two countries, which discussed bilateral relations in their economic, social, cultural and religious dimensions, including agreements and memoranda of understanding, since there are outcomes of President Pezeshkian's last visit to Iraq, stressing that bilateral meetings will be held at the ministerial level to discuss details related to joint projects in the field of electricity and cooperation in supplying Iraq with gas." Al-Sudani said, "We are following up on the projects that we have already started working on, especially Basra-Shalamcheh railway link for transporting passengers, joint industrial cities, land routes and trade exchange between the two countries and the countries of the region, and we stressed that development and economic partnerships are the path to security and stability in the region."

He added: "We discussed important regional and international issues, most notably the situation in the region, stressing Iraq's firm position in condemning the genocidal war that our Palestinian people are being subjected to in Gaza and the occupied territories, and there is a systematic targeting of defenseless civilians, in front of the eyes and ears of the international community that has failed to perform its duty to stop the violations and serious crimes that threaten regional and international security and peace." 

He pointed out that "the way to achieve stability in the region is to stop this destructive war, and to guarantee the right of the Palestinian people to self-determination and the establishment of their free state, stressing Iraq's firm position and efforts in supporting the truce and calm that took place in Lebanon, and confirming its role in the reconstruction of Lebanon and Gaza. 

He added: "Syria's stability is key to the stability of the entire region, and we call for a comprehensive political solution that preserves Syria's independence and sovereignty, and limits foreign interference, stressing: We respect the will of the Syrian people, and support any political or constitutional system chosen by the Syrians, without foreign interference." 

He stressed that "Iraq is ready to cooperate with all parties to enhance stability in Syria, and achieve a smooth peaceful transition to a system that reflects the will of the Syrian people with all its diversity and spectrums, and in the process of reconstruction and the return of refugees, and our position is firm in adopting the language of dialogue as the best method for resolving disputes between countries, and we reject the language of threats as it leads to more tensions and crises. 

He continued: Iraq is moving from its supreme interests, and with an independent and balanced policy that seeks to enhance regional stability and build international relations based on dialogue and understanding. / End

FIREFLY: We are linked to the world!, 9 JAN

 Frank26 

  [Iraq boots-on-the-ground report] 

  FIREFLYTV talked about how we have now gone from the dollar auction to now transfers in our banks.  No more auctions.  These transfers are linked to international banks...No more being done by auctions of the CBI but by this new system in our banks.  

FRANK: This is fantastic because these are the preparations.  

FIREFLY:  We are linked to the world!

FIREFLY: We are linked to the world! @DINARREVALUATION #iraqidinarinvestor #iraqidinar

 


Al-Shammari discusses with the Secretary-General of the Council of Arab Interior Ministers enhancing security and service cooperation, 9 JAN

 Al-Shammari discusses with the Secretary-General of the Council of Arab Interior Ministers enhancing security and service cooperation

Baghdad /NINA/ -Minister of Interior Abdul Amir Al-Shammari discussed with the Secretary-General of the Council of Arab Interior Ministers, Mohammed bin Ali Koman, enhancing security and service cooperation.

The ministry stated in a statement that "Al-Shammari received in his office today, the Secretary-General of the Council of Arab Interior Ministers, Mohammed bin Ali Koman and discussed with him a number of topics of common interest, in a way that enhances joint security work and unifies efforts in combating crime in all its forms. The meeting witnessed a set of discussions related to exchanging experiences and enhancing cooperation." 

Al-Shammari called for "strengthening the foundations of joint Arab security cooperation and adopting common visions," stressing the importance of concerted Arab security efforts to confront challenges.

For his part, Koman praised the Iraqi security institution, its history, and the great development it has achieved in its capabilities. /End

TIDBIT FROM ISAAC, 9 JAN

 ISAAC

To inform that nothing will happen this week and next window for any new information will be be from 8 to 17 of January.

BROTHERS TECHNOLOGY: BANKS ARE READY TO GO AND SO ARE WE!! ‪@DINARREVALUATION‬ #iraqidinar

 


Minister of Electricity: We have developed a plan to reactivate the Iranian gas import contract, 9 JAN

 Minister of Electricity: We have developed a plan to reactivate the Iranian gas import contract

Baghdad /NINA/ -Minister of Electricity Ziad Ali Fadhil announced today, Wednesday, the development of a plan to properly reactivate the Iranian gas import contract.

The minister said in a press statement during his participation in the Iraqi delegation's visit to Tehran: "Regarding the supply of gas needed to operate power stations, we discussed with the Iranian side the reasons for the interruption of gas supplied according to the contracts and agreed quantities, which was reflected in the quantities supplied to Iraq with energy." 

He continued that "the Iraqi side asked the Iranian side to facilitate the procedures for transporting gas from Turkmenistan to Iraq," stressing that "the ministry relies heavily on the contract to secure additional quantities of gas." 

He pointed out: "The Iranian side confirmed its commitment to the terms of the gas import contract to the Iraqi side." / End

TIDBIT FROM JEFF, 9 JAN

 Jeff  

For them to approve the oil and gas law is absolutely waiting for the rate to change...Two very critical articles now saying they've magically reached an agreement on the Oil and Gas Law within the month of January. 

 Again, the Oil and Gas Law has been pending and outstanding since 2005...

MAJEED : BIG CHANGES WILL COME IN THE 2025 FOR THE IRAQI DINAR

 


Iraq and Australia discuss cooperation in construction and reconstruction projects, 9 JAN

 Iraq and Australia discuss cooperation in construction and reconstruction projects

Baghdad /NINA/ -The Head of the Asia and Australia Department at the Ministry of Foreign Affairs, Hamid Al-Jubouri, discussed with the Australian Ambassador to Baghdad, Glen Miles, cooperation with Australian companies in construction and reconstruction projects inside Iraq.

A statement by the Ministry of Foreign Affairs stated that Al-Jubouri met with the Australian Ambassador at the Ministry's headquarters and during the meeting, they discussed relations between the two countries and ways to enhance and develop them in various fields, in a way that contributes to achieving common interests.

According to the statement, the prospects for joint cooperation with Australian companies in construction and reconstruction projects inside Iraq were also discussed.

The meeting also reviewed regional and international developments, with a focus on events related to the developments in Syria and the region. / End

TIDBIT FROM TNT, 9 JAN

 TNT Call

Tony said he is 99.9% sure the RV will happen within two days. There is a meeting going on right now discussing when to release the authorization codes. 

Tony was told that Tuesday or Wednesday the RV will start for us. The RV will be on Forex this Friday for the general public

GINGER: "AN IRAQI CITIZEN HAS REDEEMED HIS CURRENCY AT THE NEW INTERNATIONAL RATE"‪@DINARREVALUATION‬

 


Private.. Iran gives Sudanese a green light to act on the future of factions, 9 JAN

 Private.. Iran gives Sudanese a green light to act on the future of factions

Shafaq News / An informed source said on Monday that the commander of the Iranian Quds Force, Ismail Qaani, delivered a message to Baghdad, during his quick visit to it, that his country does not want to be part of the war, and that it does not reserve any decision on the Iraqi armed factions, while informing the factions of the need to abide by the decisions of the Iraqi government.

The source told Shafaq News that “the visit of the commander of the Iranian Quds Force Ismail Qaani to Baghdad took a few hours, during which he met Prime Minister Mohammed Shia Al-Sudani, and discussed with him the developments in the region.”

He added that “Qaani assured Al-Sudani that Tehran does not want to be part of the conflict and war, as well as Baghdad does not want that, and stressed Iran’s no reservation on any decision regarding the future of the armed factions in Iraq.”

He added that “Qaani also met with the leaders of the armed factions and discussed the developments of the security situation in the region, especially what happened in Syria and the impact of this on the forces of the resistance axis, and stressed the leaders of the armed factions to stand during the current stage, behind the Iraqi government and abide by the decisions issued by it.”

It is noteworthy that a source revealed yesterday, Sunday, to Shafaq News Agency, that the arrival of the commander of the Quds Force in the Iranian Revolutionary Guards, Ismail Qaani, in the capital Baghdad on a “secret” visit during which he met with a number of leaders of Iraqi armed factions and Prime Minister Mohammed Shia Al-Sudani.

The source said at the time that “Qaani arrived in Baghdad on an unannounced visit and met alone with some of the leaders of the factions affiliated with the Popular Mobilization, and it is scheduled to hold an extensive meeting in the coming hours with the Commander-in-Chief of the Armed Forces, Prime Minister Mohammed Shia Al-Sudani, the forces of the Coordination Framework and the head of the Mobilization Commission.”

He pointed out that “During its meetings with Iraqi officials, Qaani will discuss a number of files, including restructuring and legalizing the weapon of armed factions and disengaging each other, and may adopt ways and mechanisms to turn some of those factions into political forces or fronts.”

On Sunday, the media office of Prime Minister Mohammed Shia Al-Sudani announced that the latter intends to make an official visit to Iran next Wednesday of this week.

The office said in a statement in response to Shafak News Agency, “the visit will include discussing bilateral relations between the two countries, and ways to strengthen them, in light of what was achieved during the visit of Iranian President Massoud Bazhkian to Baghdad in September last year, as well as the developments in the region.”

Al-Sudani had made many visits to the countries of the region after the fall of the regime of Bashar al-Assad, including Jordan and Saudi Arabia, where he discussed with the leaders of these countries security issues. Iraq also participated in the Aqaba conference held in Jordan, with the participation of several countries, including the United States.

DINAR REVALUATION UPDATE: RECENT DEVELOPMENTS IN THE BANKING SYSTEM OF IRAQ, 9 JAN

 DINAR REVALUATION UPDATE:  RECENT DEVELOPMENTS IN THE BANKING SYSTEM OF IRAQ

Highlights

  • 🌍 International Partnerships: Iraqi banks are beginning partnerships with international auditing firms to enhance credibility.
  • 📈 Transparency Boost: Increased transparency is expected to attract foreign investment, crucial for economic growth.
  • 💱 Financial Guarantees: With international collaboration, Iraqi banks can offer financial guarantees, facilitating international transactions.
  • ⚡ Instant Transfers: Improved banking relationships pave the way for instant money transfers, enhancing efficiency for businesses and individuals.
  • 🏦 Regulatory Improvements: This shift may lead to broader regulatory improvements across the entire Iraqi banking sector.
  • 💵 Dollar Dependence: The video highlights Iraq’s ongoing reliance on US dollars for international transactions and remittances.
  • 🔄  Future Currency Changes: Preparations for potential changes to the Iraqi dinar’s status as a tradable currency are underway.

Key Insights

  • 🔍 Building Trust Through Auditing: The partnership between Iraqi banks and international auditing firms is a critical step towards establishing trust. Historically, the Iraqi banking sector has struggled with transparency, which has deterred foreign investment. By collaborating with reputable auditors, Iraqi banks can demonstrate compliance with international standards, thereby reassuring potential investors of their financial integrity. This transparency is essential for building a credible banking environment that encourages local and foreign businesses to engage with the Iraqi market.

  • 🏗️ Attracting Foreign Investment: The video posits that improved auditing and transparency could open the doors for foreign investment into Iraq. When banks show they adhere to best practices and international regulations, they present a more appealing investment opportunity. This influx of foreign capital could stimulate economic growth, enabling Iraqi businesses to expand and innovate, which is particularly crucial for a country looking to recover from years of economic turmoil.

  • 🌐 Enabling International Transactions: The introduction of international correspondence and financial guarantees means that Iraqi banks will be better positioned to facilitate cross-border transactions. This change is not only about compliance but also about operational efficiency. As banks establish effective communication channels with international counterparts, they can streamline processes, making it easier for businesses to conduct transactions globally. This is particularly advantageous for Iraqi businesses looking to export goods and services.

  • ⚡ Speed of Transactions: The focus on instant transfers is a game-changer for both individuals and businesses in Iraq. In today’s fast-paced financial environment, the ability to conduct transactions swiftly is paramount. By improving relationships with international banks, Iraqi banks can offer quicker transaction services, which is essential for maintaining competitiveness in a global market. This speed can significantly benefit businesses that rely on timely payments and cash flow management.

  • 📊 Economic Stability and Job Creation: As Iraqi banks grow and attract international customers, the potential for job creation increases. More robust banking operations can lead to the hiring of additional staff, contributing to economic stability in the region. This job creation is not just about filling positions; it represents an opportunity for skill development and workforce enhancement in a country that has seen significant economic challenges.

  • 🔄 Currency Independence: The video touches on the ongoing dollar auctions and Iraq’s dependence on US dollars. However, the shift towards allowing banks to process transactions directly signals preparation for a future where the Iraqi dinar could become more independent and possibly tradable. This independence would reduce reliance on the dollar and potentially strengthen the dinar’s position in international markets, which could have profound implications for the country’s economic landscape.

  • 📉 Monitoring Future Changes: The video emphasizes the importance of closely monitoring any changes to the Iraqi dinar’s exchange rate and its broader implications. Stakeholders—including individuals, businesses, and financial institutions—will need to stay informed about these developments. This awareness is crucial as any fluctuations in currency values can significantly impact remittances, foreign exchange rates, and overall economic stability.


MAJEED :RETIREES IN IRAQ RECEIVED THEIR SALARIES & FOUND THEY HAVE MORE MONEY THAN THE USUAL SALARY

 


CBI Tower and Grand Faw Port Ranked Among World’s Top Mega Projects for 2025, 9 JAN

 CBI Tower and Grand Faw Port Ranked Among World’s Top Mega Projects for 2025

Follow-up – INA

The British platform The B1M, renowned for its focus on the construction sector, has ranked two major Iraqi projects—the Central Bank Tower in Baghdad and the Grand Faw Port in Basra—among the world’s most significant mega-projects for 2025.

According to the B1M’s report, the Central Bank Tower secured the 11th position, while the Grand Faw Port claimed the 10th.

This ranking underscores Iraq’s impressive progress in the fields of architecture and infrastructure on the global stage.

The B1M is recognized as one of the leading channels specializing in the coverage of large-scale construction projects, technological innovations, and emerging trends such as sustainability and smart cities, offering in-depth insights into the ongoing transformations in the global infrastructure sector.

TIDBIT FROM FRANK26: "My denominations are all in 25k notes, would I be able to exchange those?" , 9 JAN

 Frank26  

 Question:  "My denominations are all in 25k notes, would I be able to exchange those?" 

 Yes you can exchange 25k notes.  You can exchange all of the notes.  

The only one you can't exchange is the one that has the picture of Saddam on it.  Those are called Swiss notes.  You don't want those.  The other one too is the 50 Iraqi dinar.  Those are null and void.  They're gone.  You can't use those. 

PATREON DINAR CC HIGHLIGHTS NOTES: (IMPORTANT) Explanation: CBI Remittances ‪@DINARREVALUATION‬

 


Parliamentary Finance confirms to the World Bank the importance of the survival of infrastructures on the path of development in the hands of the government, 9 JAN

 Parliamentary Finance confirms to the World Bank the importance of the survival of infrastructures on the path of development in the hands of the government

Baghdad / Nina / Chairman of the Parliamentary Finance Committee Atwan Al-Atwani discussed with the World Bank delegation headed by Jean-Christophe Carre, Regional Director for the Middle East, on Wednesday, supporting the project of rehabilitating railways and connecting railways from southern Iraq, passing through the north to Turkey, as part of the Development Road project.

A statement from the committee said: “Al-Atwani stressed during the meeting that the infrastructure of the development path will be in the hands of the government so that this important project that connects Iraq with the countries of the world is not subject to influences, and that the development road project is not just a crossing point, but we seek to be a gateway to activate various economic and commercial activities and develop infrastructure.”

Al-Atwani called on the World Bank delegation to “provide new narrations and ideas on achieving the optimal investment of this huge project, which is hoped to make Iraq an economic corridor linking Asia with Europe,” stressing the “need to accelerate the submission of the feasibility study related to the railway sector development plan within the development road project, and contribute to mobilizing international expertise and attracting the private sector to invest in it in the interest of the country, and looking forward to holding joint workshops and expanded meetings with the World Bank, to provide a full briefing on the details of the project and discuss its details to provide broad nemential support for this borrowing.”

For his part, the delegation stressed the readiness of the World Bank team to submit a feasibility study, project path and details by next February. 

DINAR GURUS UPDATE, 9 JAN

 DINAR GURUS UPDATE

  • 💰 Frank 26 reports that Chase Bank is prepared to help with dinar exchanges when it “goes live.”
  • 📉 Pimp expresses concerns over discussions suggesting the dinar may lose value against the U.S. dollar.
  • 🏛️ Jeff notes that Iraq’s parliament has not convened since September 28, delaying critical legislation.
  • 📈 A government advisor predicts unprecedented growth in Iraq’s non-oil GDP for 2024.
  • 🏦 Banking experts stress the need to restore customer confidence to bring cash into the banking system.
  • 📜 Mountain Goat emphasizes the urgency of legislating the oil and gas law for Iraq’s stability.
  • 🏦 Frank confirms that most dinar notes can be exchanged, except for specific outdated ones.

Key Insights

  • 🔍 Preparedness of Banking Institutions: The anecdote from Chase Bank highlights an emerging readiness among financial institutions to handle the dinar exchange. This suggests that banks recognize a potential shift in currency value and are preparing to accommodate customers. This proactive approach may lead to increased trust and participation among dinar holders in the banking system.

  • ⚖️ Potential Currency Devaluation: Pimp’s concerns regarding the discussions about the dinar losing value against the U.S. dollar raise critical questions about the Iraqi economy’s health. Should these discussions materialize into reality, it could lead to a loss of confidence among investors and ordinary citizens in the dinar, ultimately stalling any potential economic recovery or growth.

  • 📅 Legislative Stalemate: Jeff’s observation that parliament has not held sessions since late September indicates significant political stagnation. This delay in legislative processes, especially concerning critical economic laws, further complicates Iraq’s path to stability and growth. The lack of action could signal deeper issues within the political landscape that may need addressing before any economic reforms can take place.

  • 📊 Growth Projections for Non-Oil GDP: The prediction of unprecedented growth rates in Iraq’s non-oil GDP for 2024 is a positive indicator for economic diversification. This could signal a shift from oil dependency, allowing the country to become more resilient to fluctuations in oil prices, thereby fostering a more stable economic environment conducive to investment.

  • 💼 Importance of Banking Sector Confidence: The stress on restoring customer confidence in banks is crucial for getting excess cash back into the financial system. Increased deposits could provide banks with more liquidity, enabling them to offer loans and foster economic growth. This is particularly significant in a country where cash transactions often dominate.

  • 📋 Urgency of Oil and Gas Law Legislation: Mountain Goat’s call for expedited action on the oil and gas law underscores the importance of this legislation in stabilizing Iraq’s economy. This law is not only a constitutional requirement but also necessary for ensuring equitable resource distribution and fostering investment in the sector.

  • 💵 Exchange Readiness of Currency Notes: Frank’s clarification on the exchangeability of various dinar notes, except for certain outdated ones, provides essential information for investors. This detail can influence decisions for those holding dinars, guiding them on which notes to retain or exchange as the situation evolves.

🔥WOOOOOOOOOOOOOOOOOOOW🔥 Trump's Bold Move: Iraqi Officials' Billions Seized! ‪@DINARREVALUATION‬ #iqd

 


Governor of the Central Bank: There is no financial problem that threatens the salaries of employees and we have large resources, 9 JAN

 Governor of the Central Bank: There is no financial problem that threatens the salaries of employees and we have large resources

Baghdad – Mil

On Wednesday, the Governor of the Central Bank, Ali Al-Alak, assured all Iraqis that there is no financial problem that threatens the salaries of employees, stressing the availability of large resources.

“There is no financial problem that threatens the salaries of employees and we have great potential and resources,” Al-Alak told the official agency, noting that “the central bank’s reserves are high and able to cover the demand for the dollar.”

He added that “the Federal Bank praised Iraq’s procedures on foreign transfers,” noting that “the mechanism of granting dollars to the traveler secured his access to the beneficiary exclusively.”

He continued, “The parallel exchange rate is no longer an indicative price at all, and our reserves are immune and the central bank is independent,” stressing that “electronic payment is witnessing development and we have the best international systems of infrastructure.”

He pointed out that “we launched the project of establishing a national company for electronic payment and it has reached advanced stages,” adding that “commissions at the ports are not licensed by the Central Bank and we are working to close them and transfer them to exchange companies.”

He continued, “Incoming remittances are subject to the decision to limit dealing in dinars, and we allowed banks to import dollars and we were able to reduce smuggling operations.”

https://miliq.news/economy/41062–.html


MAJEED : “Controversial laws will witness a new movement after the legislative holiday!!, 9 JAN

 MAJEED

“Controversial laws will witness a new movement after the legislative holiday” The controversial law and personal status law will witness a new movement after the legislative holiday Their holiday ends on January 9 By Sunday, they will show up to work to complete these laws to give their citizens their rights … since Iran has no more power over the country and was ( Forced ) to step aside

----

Al-Moussawi: Controversial laws will witness a new movement after the legislative

holiday

Information / Baghdad

A member of the Foreign Relations Committee of the House of Representatives, Mukhtar Al-Moussawi, said on Wednesday that the controversial laws will witness a new

.movement after the legislative holiday

Al-Moussawi said in a statement to the Information Agency, "The controversial laws will witness a new movement after the end of the legislative holiday on January 9, as the trends of the large dominant blocs on the parliamentary

'.scene will become clear

He explained that "the legislative process in Iraq suffers from the dominance of the principle of political consensus between the blocs, which leads to the passage of laws based on political deals and trade-offs instead of relying on

".objective discussions that serve the public interest

He pointed out that "this pattern of legislative work makes controversial laws stuck within the so-called "one basket", where the passage of one law is linked in exchange for the

approval of another law, which hinders the passage of the necessary legislation that citizens are waiting for." Over 25/h

Al-Sudani calls for a comprehensive regional dialogue hosted by Baghdad, which ensures security and stability, and enhances confidence among the countries of the region, 9 JAN

  Al-Sudani calls for a comprehensive regional dialogue hosted by Baghdad, which ensures security and stability, and enhances confidence amo...