26 international companies express their desire to participate in the implementation of the Baghdad metro project, 19 FEB
Baghdad Today - Baghdad
Today, Monday (February 19, 2024), 26 international companies from six countries expressed their desire to participate in the implementation of the Baghdad metro project.
The media office of the Sudanese in a statement received by "Baghdad Today", that "Prime Minister Mohammed Shia Sudani, received on Monday morning, representatives of the Chinese company (China Railway), which implements the project to develop the Eagles Square in central Baghdad, within the first package of projects to break traffic jams in the capital, Baghdad."
He explained that "the Chinese company, during the meeting, which was attended by a number of advisors to the Prime Minister, gave an explanation of its capabilities and capabilities that enable it to participate in the implementation of the Baghdad metro project, which was recently announced, and the expertise available to it to contribute to the implementation of this important vital project."
He pointed out that "26 international companies from Germany, Italy, Spain, China, India and Qatar expressed their desire to participate in the implementation of the metro project, after announcing it on the eighth of February, and signing contracts with the company specialized in providing consulting services for the project."
Well the banker is very hopeful that no more snags develop this upcoming week and his staff can begin scheduling appointments and we can be completely finished with exchanging by months end. He will so advise ASAP as soon as he knows.
While Banker insists there is no guarantee that one or more countries can delay the revaluation at this point in time all seems positive to receive conformation to proceed with notifications from Reno in the morning or at least this week.
The Central Bank Of Iraq Reveals The Mechanism For Granting License Applications For Electronic Payment Companies
February 18, 2024 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.
While Banker insists there is no guarantee that one or more countries can delay the revaluation at this point in time all seems positive to receive conformation to proceed with notifications from Reno in the morning or at least this week.
I know there is a call tonight which I plan on listening to but in advance the banker texted me that he would nave info in the morning that he would call me with around 10:00 am tomorrow. He did not indicate it was the start times for u just some additional info.
While I have no control over this room or what is allowed or deleted the banker has advised he will have information he will share during my church service in the morning.
Well the banker is very hopeful that no more snags develop this upcoming week and his staff can begin scheduling appointments and we can be completely finished with exchanging by months end. He will so advise ASAP as soon as he knows.
Tier4b will receive notification around the first of next week and be able to set appointments startingThurs. 18 Jan.
Frank26:"NOT AT A PROGRAM RATE BECAUSE THE EVIDENCE IS SO PROFOUND!!!"...........F26
Sudanese Advisor: Iraq is on the cusp of a transitional stage in the development of promising economies globally
2/17/2024 Baghdad
On Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained the six principles launched by Prime Minister Muhammad Shiaa Al-Sudani, to maximize value chains and sustain the development momentum in the country, while stressing that Iraq is on the cusp of a transitional stage in the development of promising economies globally.
Saleh said, in a statement reported by the official news agency and seen by Al-Iqtisad News, that “Iraq, with its large natural resources, is ranked ninth in the world after countries such as the Russian Federation, the United States of America, and the Kingdom of Saudi Arabia, and today it is on the cusp of a transitional stage in the development of economies.” “It is promising for development at the global level. Indeed, international studies estimate that the share of one square kilometer of natural resources relative to the area of our country is the highest in the world.”
He added: “Within the framework of the state’s philosophy of partnership with the private sector, there is a great investment momentum accompanied by high technological capabilities that suit the developments of the new digital era in the world, all of which seek, through international partnerships, to maximize investment, integration and cooperation opportunities in our country as an important part of the policy of Iraq’sintegration into "Global economy to achieve prosperity for the Iraqi people and diversify sources of investment and national income in ourcountry."
He continued: "In all cases, the national private sector today has priority to support and provide the necessary sovereign guarantees in keeping with the climate of guarantees obtained by international investments," pointing to "a new development era for Iraq that leads to the diversification of sources of income through investment in diverse wealth." natural and human resources, launching the manufacturing industry, and supporting agricultural efforts to maximize value chains with different technologies.”
He pointed out that "maximizing value chains in Iraq and sustaining development momentum stems from the six principles launched by the Prime Minister, in his recent meeting in the Netherlands with international businessmen and investors, which he summarized as follows:
The first principle: economic reform in all areas of the economy without relying on oil.
The second principle: Supporting farmers in expanding the use of modern technologies in the field of water and benefiting from international experiences, especially Dutch ones.
The third principle: The state seeks to provide sovereign guarantees to the private sector, amounting to 85% of the project value, to ensure the transfer of modern international industries, technologies and services to our country.
The fourth principle: Launching the operation of the Grand Al-Faw Port in the year 2025, as a foundation for development and economic progress that is integrated with the development path strategy, noting that the fifth berth of the port has been docked by one of the international ships.
The fifth principle: Reforming the financial and banking sector to put it on a competitive foundation commensurate with international compliance standards, as financial and banking reform is the introduction to the government’s reform program to link the effective finance sector to development programs and the speed of their implementation and progress.
The sixth and final principle: The desire of the global financial and banking market to open branches of its banks and activities in Iraq, which enhances the financing and investment environment and the integration of the Iraqi economy with the global economy.
He concluded by saying: "It is the message of the six principles launched by the Prime Minister to the global economic community to inaugurate another development era in Iraq, the goals of which are to diversify the national economy through partnership between the state and the private sector." LINK
