DINAR REVALUATION

Sunday, February 18, 2024

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Accompanied by a parliamentary delegation. Oil Minister arrives in Cairo to participate in Egypt Energy Conference and Exhibition, 18 FEB

Accompanied by a parliamentary delegation. Oil Minister arrives in Cairo to participate in Egypt Energy Conference and Exhibition

Baghdad Today – Baghdad

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayyan Abdel Ghani arrived on Sunday (February 18, 2024) in the Egyptian capital Cairo to attend the Egypt Energy Conference and Exhibition for the year 2024.

The media office of the Minister of Oil said in a statement received by "Baghdad Today", that "the Iraqi delegation alongside the minister included both the head of the Oil, Gas and Natural Resources Parliamentary Committee Haibet Al-Halbousi, as well as members of the parliamentary committee Dergham al-Maliki and Ali Ghulam," noting that "this conference is a reflection of the series of works through which the ministry seeks to communicate with oil ministers in all countries to enhance energy in Iraq."

The head of the parliamentary oil and gas committee, Haibet al-Halbousi, said according to the statement that "the committee supports the Ministry of Oil and Iraq in general in the refineries of developed countries in the fields of oil, gas, electricity and others "

He added that "the Iraqi economy depends in large proportions on the oil sector, and although we aspire to expand sources of income, we want to increase the interest in the oil sector in its entirety."

The Iraqi delegation was received by Egyptian Petroleum Ministry Undersecretary Sherif Hassaballah and a number of officials, according to the statement.

"COMPLETE MR. IT GUY BANK STORY" BY MILITIAMAN, 18 FEB

Militia Man

[Mr. IT Guy Bank Story]

My wife and I...were looking for a Chase branch that had JP Morgan Wealth Management printed on the door as well as Chase...I'm in a large metropolitan area...We found one near us...My brother took it upon himself to call the branch yesterday. He specifically asked for a private banker...My brother asked him if they exchange foreign currencies and if he was aware of the Iraqi revalue of their currency.

The private banker said yes he was and that they would be exchanging at that location...and names and numbers he's taking will get priority over anybody else that calls or walks in after the revalue..

As soon as it hits Forex he's going to start making phone calls...He told my brother they were expecting a number of people to be coming in and were preparing for that, a bunch of new people with wealth is...exactly what he told my brother...They're planning on having police officers available at the location for those customs that are planning on leaving the establishment with large sums of cash...

MILITIA MAN: ...Is it a coincidence that this expert came out tonight and talked about deletion of the zeros? We're going to find out. It's pretty interesting stuff.

Iraq The Elephant in the Room URGENT Info for IQD Investors #iqd Rate BY SANDY INGRAM

Setting the date for launching the application for the "e-visa" in Iraq, 18 FEB

Setting the date for launching the application for the "e-visa" in Iraq

Economy News - Baghdad

Today, Sunday, the Ministry of Interior set the date for launching the application for the electronic "visa", while indicating that it has launched it gradually.

The director of the Directorate of Civil Status, Passports and Residence in the ministry, Major General Nashat al-Khafaji, told the official agency, and was followed by "Economy News", that "the issue of launching the electronic (visa) is among the projects that the Ministry of Interior has worked on."

He pointed out that "the mechanism of work to launch the electronic (visa) began gradually through the opening of the first tourist entry visa," noting that "the usual features and multiple visits will be launched sequentially."

He added, "It is hoped that at the end of next month, the rest of the features will be launched and applied for electronically.

"QFS CONVERSATION" WITH GOLDILOCKS, 18 FEB

GOLDILOCKS

The Central Bank of Iraq revealed the mechanism for accepting and studying applications for granting licenses to electronic payment companies, confirming the continued receipt of licensing applications.

The Central Bank specified that the applicant, whether a natural or legal person, must have at least three years of experience in the field of electronic payment and the payments industry, and this includes the founders and participants, indicating that the application includes a detailed explanation of the added value to the electronic payment sector in Iraq that will be provided by the company to be licensed. Especially in the field of modern collection techniques and enriching the Iraqi market with distinguished and applicable service.

The bank stressed the necessity of submitting a request for a detailed technical feasibility study of what the company to be licensed will provide, pointing out that the request includes the minimum standards for accepting applications for obtaining a license to operate as an electronic payment service provider, in addition to what is stated in the electronic money payment services system No. (3). For the year 2014.

The bank confirmed that it will reject all applications that do not meet the aforementioned licensing conditions.

https://cbi.iq/news/view/2515

Iraqi Bank Announcement:

The Central Bank of Iraq is currently in process of revealing their electronic mechanism for the new global digital economy.

Going forward, they will be granting license applications for electronic payment companies from around the world.