DINAR REVALUATION

Wednesday, August 14, 2024

Dinar RV Breaking Analysis🔥Iraq’s New Deal with Egypt🚩Impact of Iraq's F...

IRAQ IS TAKING ADVANTAGE OF THE CHINESE EXPERTISE TO ITS DEVELOPMENT, 14 AUGUST

The President of the Republic receives a message from his Chinese counterpart

President of the Republic, Abdul Latif Jamal Rashid, received today, Tuesday, at the Baghdad Palace, the Ambassador of the People's Republic of China to Iraq, Cui Wei, and received from him a message from Chinese President Xi Jinping, congratulating him on his birthday, wishing him success and guidance.

The Chinese President also stressed, according to a presidential statement, his great interest in developing relations with Iraq and his readiness to make joint efforts with President Rashid to continue deepening friendly cooperation and raise the Sino-Iraqi strategic partnership relations to higher levels.

The President of the Republic conveyed his sincere thanks and greetings to President Jinping for his generous feelings, praising the historical relations and bilateral cooperation between the two friendly countries.

During the meeting, the available potential to consolidate the growing relations between the two countries was emphasized, as President Rashid pointed to the need to expand the horizons of joint cooperation in the economic, technological and investment fields, especially the development of infrastructure and services, stressing Iraq's welcome of the diverse Chinese expertise to contribute to the development and growth of the industrial, agricultural and education sectors.

In turn, the Chinese Ambassador, Cui Wei, affirmed his country's commitment to strengthening its relations with Iraq in all fields.

The ambassador also reviewed the political, economic and industrial conditions in China, stressing that the recently held Communist Party meeting focused on strengthening reforms, improving production in all fields and opening up to countries of the world.

Media Department of the Presidency of the Republic link

ANALYSIS

The President of the Republic of Iraq, Abdul Latif Jamal Rashid, received a message from Chinese President Xi Jinping through Chinese Ambassador Cui Wei on Tuesday at the Baghdad Palace. President Jinping's message congratulated President Rashid on his birthday and expressed his best wishes for his success and guidance.

In the message, President Jinping highlighted his commitment to enhancing Sino-Iraqi relations and offered to collaborate closely with President Rashid to further deepen the strategic partnership between the two nations.

President Rashid expressed his gratitude for President Jinping’s kind words and praised the longstanding relationship and bilateral cooperation between Iraq and China.

During their meeting, President Rashid emphasized the importance of expanding cooperation in various fields, including economic, technological, and investment areas. He particularly noted the potential for Chinese expertise to contribute to Iraq's development in infrastructure, industry, agriculture, and education.

Ambassador Cui Wei reiterated China's commitment to strengthening relations with Iraq and provided an update on China's political, economic, and industrial conditions. He highlighted recent reforms and efforts by the Communist Party to improve production and enhance global openness.

For further details, you can visit the Media Department of the Presidency of the Republic's link.

LATEST POST OF TRUTH WARRIORS, 14 AUGUST

TRUTH WARRIORS

🇺🇸💥🇺🇸. Thankfully the Treasury Department has taken over the federal reserve and their building is boarded up in D.C. 🇺🇸💥🇺🇸👇👇

The U.S. military will permanently leave Iraq after 20 years — starting next month! 🚨👀🚨

This is BIG NEWS! Along with the Governor of the Iraqi Central Bank resigns. Trump stated that before leaving Iraq, we would be paid back in full. Revaluation for the Iraqi Dinar would not start until the U.S. military leaves the country. We are closer than ever with the world currencies being revalued!

End of US Military Presence in Iraq to Be Declared Soon

https://www.tasnimnews.com/en/news/2024/08/11/3138208/exclusive-end-of-us-military-presence-in-iraq-to-be-declared-soon

The governor of the Central Bank of Iraq resigns

https://search4dinar.wordpress.com/2024/08/06/the-governor-of-the-central-bank-of-iraq-resigns/

NADER FROM MID EAST: Iraq Pushes to Revitalize it's Economy with Renovating it's Industrial S...

THE IRAQ STOCK EXCHANGE IS MODERNIZING ITS TRADING MECHANISM WITH AN EGYPTIAN COMPANY, 14 AUGUST

Iraq signs strategic agreement to modernize trading mechanisms in cooperation with an Egyptian company

The Iraq Stock Exchange announced today, Wednesday, the signing of a strategic agreement to modernize trading mechanisms in cooperation with an Egyptian company.

A statement by the Iraqi Stock Exchange received by the Iraqi News Agency (INA) stated, "In a step aimed at developing and improving the investment environment in Iraq, and under the auspices of the Iraqi Securities Commission, the Iraq Stock Exchange signed a cooperation agreement with the Egyptian Company for Information Dissemination, after intensive discussions that lasted for more than six months."

He added, "The agreement includes licensing, use and maintenance of the remote trading system for investors ( OMS ), broker management ( Back Office ), and portfolio management for investors, for a period of five years."

He added that "signing this agreement represents a qualitative shift in the development of the Iraqi stock market," indicating that "Iraq is committed to providing the latest technologies to investors, which contributes to enhancing confidence and attracting more investments to the Iraqi market."

For his part, the CEO of the Iraq Stock Exchange, Faisal Al-Haimus, pointed out, “The importance of this step, as the remote trading system is a vital addition to our ongoing efforts towards developing the market’s infrastructure. The system’s experience in the Egyptian Stock Exchange has proven its efficiency over the past five years, and we are excited to see its positive impact on our market.”

He pointed out that "the new system includes smart applications that aim to facilitate trading operations and improve the investor experience, which reflects the commitment of the parties concerned to developing the financial sector in Iraq and achieving sustainable growth." link

ANALYSIS

The Iraq Stock Exchange has recently taken a significant step towards modernizing its trading mechanisms by signing a strategic agreement with an Egyptian company. This agreement, announced today and facilitated under the oversight of the Iraqi Securities Commission, aims to enhance the investment environment in Iraq.

Key details of the agreement include:

Licensing and Maintenance: The Egyptian Company for Information Dissemination will provide licensing, usage, and maintenance of several systems for the Iraqi Stock Exchange. This includes:
- Remote Trading System (OMS): Allows investors to trade remotely.
- Broker Management (Back Office): Facilitates broker operations.
- Portfolio Management: Assists in managing investors' portfolios.
Duration: The agreement is set for five years.

The initiative marks a notable advancement for the Iraqi stock market. Faisal Al-Haimus, CEO of the Iraq Stock Exchange, emphasized that the introduction of this remote trading system, which has proven successful in Egypt, will significantly enhance the market infrastructure. The system's smart applications are expected to streamline trading operations and improve the overall investor experience, reflecting Iraq's commitment to integrating modern technologies and fostering sustainable growth in its financial sector.

LATEST FROM JON DOWLING, 14 AUGUST

JON DOWLING

Happy Wednesday folks. Once Kamala is officially announced as the interim “President”, we will see manufactured chaos in America for about three months. But during that time, the currency reset.

Waiting on Ali Allaq to be officially removed as the CBI governor and replaced. This should all occur at the same time. Watch for XRP price to move as well during this time.

#dominoeffect

@JonDowling

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Things continue to heat up! Will Iran take the US offer to remove all the sanctions, or will they go full steam ahead with the attack on Israel? Something has to give soon and it will.