Marketing 600,000 FTTH fiber optic lines in Iraq

 7/12/2024  Baghdad

The Ministry of Communications announced today, Friday, the development of a plan and schedule with the companies contracting with it, in coordination with the Baghdad Municipality and the governorates, to deliver and implement fiber optic lines (FTTH) in all regions and governorates, while indicating the marketing of 600,000 fiber optic lines.

The Director General of the General Company for Communications and Information Technology at the Ministry of Communications, Ali Yassin, said: “The Ministry of Communications, represented by the General Company for Communications and Information Technology, has implemented more than 3 million FTTH fiber optic lines, and 600,000 lines of them have been marketed so far,” noting that “the ministry has developed a plan for the transfer of the rest of the governorates and a schedule with the companies contracted with it for the purpose of implementing and completing the rest of the governorates of Iraq.”

Yassin added, "Coordination has been made with the Baghdad Municipality to facilitate the work of companies contracting with the General Company for Communications and Information Technology to implement and extend cables for FTTH technology, as well as coordination with the governorates to facilitate the task of companies contracting with the General Company for Communications and Information Technology and to set controls and standards for implementation."

He pointed out that "the areas where the lines have been completed, including those on the Karkh side (Al-Saydiya, Al-Jami'a neighborhood, and Al-Adl) and on the Rusafa side (Zayona, and Palestine Street), are all equipped with FTTH service, as are the governorates such as Karbala and Najaf."

He pointed out that "the advantages of the lines are improving the quality of service provided to citizens at competitive prices, especially since most citizens complain about poor Wi-Fi service."

Therefore, FTTH service on optical cable will save them from that.”   LINK

Evening News with MarkZ. 07/12/2024

Friday Evening News with MarkZ 

Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Welcome to the weekend

Member: Hear any great news today Mark?

MZ: The biggest news today came from banking, wealth management, redemption folks . I was told they do have to work this weekend. It’s mandatory that they have to work this weekend. It is only part time hours….They do not have to work a full day. That could change? But this is unusual. 

MZ: Normally they set them up as a “call in” But no- this weekend they have to work. I hope it means something lovely. 

Member: Perhaps those being called in to the banks to work part time this weekend; maybe it's for final training before the big show????

Member: Did anyone else see the Fox story reporting on Nesara from Charles Payne…….This was on the 10th. 

MZ: They never mentioned the term Nesara….They talked about a great wealth transfer and the need for debt forgiveness….It was still a great piece…and they mentioned all about the things needed to do to make this happen. 

Member: Two weeks back I saw an article that the Pope was calling for Metal back currency and a Debt Jubilee.

Member: Bingo! Timing is everything.

Member: I thought you said this week that Iraq has the rate already?

MZ: I absolutely believe they have the rate….. I don’t think Iraq is stalling….I think they are waiting for the “go” signal. 

Member: I would love to know who gives the “GO” signal. 

Member: I think the US is stalling.

Member: Iraq only accepts dinar for their oil…something is happening.

Member: Mark, wolverine said this weekend we will receive our notice ….I sure hope this is  true?

MZ: Most of what I am getting is for earlier next week…..BUT, I did just find out that some of my banking/redemption contacts said they have to work this weekend. It’s not “on call” Its mandatory to work…..so it is possible. 

MZ: “DOW hits all time high in broader market rally”   Reminds me of 1929……a lot. And Forbes just released that thy think the markets are about to have a massive correction. 

MZ: This is a melt up…watch it. Markets do this just before a big correction. 

Member: What is your guy saying Mark?

MZ: My gut is screaming it will be this month…...

Member: Article: The 2024 budget will be returned to the house of representatives …saying its “unconstitutional”? 

MZ: It’s my understanding they sent it back and the official story out if Iraq is they are correcting some minor issues with tables…and the rumor is running that we will see a rate change when they correct the tables. At least that is the rumor running around Iraq…. 

Member: I received an email from Chase bank inviting me to the “Private Side” I only have $25 in my checking account. 

MZ: lol…they are getting prepared for you.

Member: I keep getting JP Morgan wealth management mails

​​Member: I just pray that we're finally at the finish line!!!

Member: Good night all….have a wonderful weekend!

​​“THE CONTENT IN THIS PODCAST IS FOR GENERAL& EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY”

PIMPY: Iraq's Activity on the FITR Platform 07/12/24

Saudi Arabia is Iraq's new commercial destination.. Economist predicts the future

 Economic experts expected, on Thursday, the growth of trade between Iraq and Saudi Arabia in the coming period, while stressing the importance of developing trade exchange between the two countries, as Saudi Arabia has one of the strongest economies in the Middle East.

Ghazi Faisal, director of the Iraqi Center for Strategic Studies, said in a statement followed by Mawazine News, "Saudi Arabia represents one of the giant regional economies, as its annual GDP is approaching one trillion dollars, and during the past decades it has invested in the field of minerals in addition to gas and oil, as it is the first producer of oil in the world, and it is also an important investor in agriculture and industry, and it previously offered Iraq to invest in agriculture in the south of the country, but pressures from forces opposing openness to Saudi Arabia have disrupted the project."

Faisal added, "Today there is an important openness to Saudi Arabia, as an agreement was signed since the time of former Prime Minister Haider al-Abadi, and the Iraqi-Saudi Economic Council was formed, which holds joint meetings, and Iraq opened up to Saudi investors in various fields."

Faisal pointed out that "Saudi Arabia is a major player in international economic relations and an important member of the G20 group of economic powers in the world, so it is important for Iraq to open up to the Kingdom and benefit from its capabilities."
In comparison with neighboring countries, the director of the Iraqi Center for Strategic Studies explained that "Turkey's products differ in nature, due to the abundance of water and land. It is an important agricultural and industrial country, and trade exchange with Turkey will remain indispensable."

As for Iran, according to Fassal, it is "an important country commercially, but it is shackled by economic sanctions, as it suffers from restrictions on the movement of currency for trade with Iran, which causes the existence of a parallel market in Iraq and black transfers and other issues that burden the Iraqi economy with major problems."

It is known that Iraqi markets depend on Turkey and Iran to meet their needs for goods, as the volume of trade exchange between Iraq and Turkey reached $20 billion according to Turkish President Recep Tayyip Erdogan, while Iran intends to reach this number by 2027.  link

LATEST FROM BRUCE, 13 JULY

 LATEST FROM BRUCE

Thurs. 11 July Bruce: Tier4b would get our notifications either Sat, Sun or Monday 15 July to make appointments before or by Tues. 16 July. Another source said everything would start Sat. night and culminate on Sunday 14 July.

----

Thurs. 11 July 2024 Bruce, The Big Call The Big Call Universe (ibize.com)  667-770-1866, pin123456#, 667-770-1865

• An Email went out to Redemption Center Leaders and was received at 5 pm today Thurs. 11 July 2024. That email said that Tier4b would get our notifications either Sat, Sun or Monday to make appointments before or by Tues. 16 July.

• There was a meeting in Reno today Thurs. 11 July where they decided when to pay out the Bond Holders, private groups and platform traders.

• Another source said everything would start Sat. night and culminate on Sunday 14 July.

• There was another meeting in Reno on Fri. 12 July and Tier4b could be notified to get their appointments any time after, but likely on either Sat, Sun or Monday 15 July.

• There was a solid rate on the Dong.

• You would be far better off to use the toll free number to get an appointment at the Redemption Center to do your exchange. They offer far higher rates than the banks. There was no reason to do exchanges at a bank.

• The Redemption Centers would offer the Contract rate on the Dinar that is way higher than we expected.

• At the Redemption Centers they will give you a new Q phone that works on the new system.

https://dinarevaluation.blogspot.com/2024/07/the-big-call-highlights-12-july.html

Weekend News with MarkZ. 07/13/2024

Trade confirms the imminent opening of 3 central markets in Baghdad

 The Ministry of Trade confirmed, today, Friday, that the General Company for Central Markets has prepared a well-thought-out plan to resume its activity, noting the imminent opening of 3 markets in Baghdad as part of a comprehensive plan to open 19 sites. 

Director General of the Central Markets Company, Zahra Al-Kilani, told the Iraqi News Agency (INA): "The plan includes concluding partnership contracts and contracts to open marketing outlets with private sector companies specialized in this field, as the focus was on Baghdad Governorate, and there are marketing outlets that will have priority in opening to reach the final stages."

Al-Kilani added that "the central market of Al-Amel neighborhood, Al-Salihiya market, and also Al-Shaab market will be opened very soon, and there will also be some markets with some commercial character, including Al-Rashid Central Market, Al-Khalani Building."

She stressed that "the company has begun concluding contracts in Nineveh, Kirkuk, Kut and Basra, and the rest of the other markets will witness campaigns to rehabilitate them again," noting that "the General Company for Central Markets owns 19 central markets throughout Iraq, in addition to other sites, warehouses, complexes and shares that it owns with other companies of the ministry."  link