Saturday, November 9, 2024
"MOSUL TRAINS CITIZENS ON HOW TO INVEST IN GLOBAL STOCK EXCHANGES!!! (USELESS AT A PROGRAM RATE)" BY FRANK26, 9 NOV
KTFA
FRANK26: "MOSUL TRAINS CITIZENS ON HOW TO INVEST IN GLOBAL STOCK EXCHANGES!!! (USELESS AT A PROGRAM RATE)".......F26
And receive profits via Zain Cash and FIB
11/7/2024
Cultural Group (Mosul)
“Planet of Profit” company manager Harem Ribwar says that it is the first officially registered company to enter Mosul and provide training services for those wishing to trade stocks on global stock exchanges, in addition to providing brokerage services. Ribwar talks about two types of subscriptions, the first starting at $100 for beginners, and the second at $50,000 for professionals, with “completely Islamic and interest-free” services. The company opened its branch in Mosul in the Cultural Group area on the left side, and works on mediation between the investor and the stock exchange. Today, it has 5 other branches in Kirkuk, Diyala, Erbil, Dohuk, and Sulaymaniyah before opening the sixth branch in Nineveh, while it plans to reach Baghdad and Basra.
Harem Ribwar - Director of Kawkab Al-Rabh Company in Iraq, to 964 Network :
Our company is a broker in the financial markets and is licensed by the Central Bank of Iraq and the Ministry of Trade, where it works as a shareholder with the global company ax finanials limited, registered in Wales.
Our main business is to mediate between clients or investors and global markets, we are the first company to bring electronic trading technology to Iraq, and one of our goals in the country is to change investment to a new and correct path.
We are the first official company to enter Nineveh, and we want to contribute to rebuilding Umm Al-Rabi’een and contribute to employing workers.
We have an academy for teaching trading, and we will hold workshops and training in this field for those who wish, and we will bring the best trainers in the field of trading in the financial markets.
We have a “standard” deposit of at least $100, and a “premium” deposit of at least $50,000. All our accounts are Islamic, meaning they are free of interest, and we take the commission from the bank, not the investor.
We established the company last April and opened the first branch in Kirkuk, the second branch in Erbil, then Diyala and Dohuk, and soon in Najaf, Basra, and Baghdad.
The Nineveh branch staff consists of 10 people with scientific specializations, graduates of management and economics, and software engineers. We grant agencies to our employees or investors, through which they can bring customers and take their commission on each customer, which is 50% of the profits.
We have deposits and withdrawals, which are done at our branches, and delivery and receipt are done through Zain Cash and the Iraqi Digital Bank FIB.
DINAR REVALUATION IRAQ STATUS REPORT, 9 NOV
DINAR REVALUATION IRAQ STATUS REPORT
Summary
Iraq is focusing on economic reforms, gold reserves, and a crucial census to promote stability and growth while collaborating internationally.
Highlights
- 🇫🇷 French President Macron aims to support Iraq’s stability through the upcoming Baghdad conference.
- 📈 Iraq’s Central Bank is working on economic stability by improving cash reserves and reducing inflation.
- 💰 Iraq ranks 3rd in the Arab world for gold reserves, increasing holdings to over 152.5 tons.
- 🏦 The Iraqi Stock Exchange shows a significant increase in trading volumes and company activities.
- ⚡ Qatar’s Energy partners with Total Energy for a large solar project in Iraq, aiming to enhance renewable energy.
- 👥 Iraq plans its first population census in 27 years, vital for its 5-year development strategy.
- 💵 International financing is expected to ease the financial burdens on Iraq’s ministries for development projects.
Key Insights
- 🌍 International Collaboration: The upcoming Baghdad conference highlights Iraq’s efforts to engage with global partners, enhancing its geopolitical standing. This collaboration can lead to improved security and economic support.
- 📊 Economic Recovery: The Central Bank’s focus on cash reserves and inflation reduction signifies a strategic move towards stabilizing the economy, essential for attracting foreign investments.
- 🏅 Gold Reserves Expansion: Iraq’s rise in gold reserves positions it favorably in the region, potentially increasing economic security and investor confidence amidst global uncertainties.
- 📈 Stock Exchange Growth: The boost in trading on the Iraqi Stock Exchange reflects growing investor interest, indicating optimism in the market’s future performance and economic recovery.
- ☀️ Renewable Energy Initiatives: The solar project with Qatar’s Energy shows Iraq’s commitment to diversifying its energy sources, which can lead to long-term sustainability and reduced dependence on oil.
- 📅 Census Importance: Conducting a population census is crucial for data-driven policy-making and effective resource allocation, laying the groundwork for sustainable development.
- 💳 International Financing: Engaging international financing is a significant step for Iraq to fund critical infrastructure projects, alleviating fiscal pressures and fostering economic growth.
"NO MORE LIES!!!" BY FRANK26, 9 NOV
KTFA
FRANK26: "NO MORE LIES!!!"........F26
Sudan's top adviser refutes leaked 'billion-dollar bribe' allegations
11/8/2024
Abdul Karim Al-Faisal, Chairman of the Advisory Board in the Council of Ministers, denied on Friday what was circulated by some social media and "yellow pages" about a "fabricated" audio leak.
Al-Faisal explained, in a statement received by Shafaq News Agency, that "the audio clip that was published was fabricated against me, and I deny the issuance of such content in its entirety and in detail, and it is pure slander," stressing that "there is no truth to his withdrawal from work."
He continued: "I place all my trust in the Iraqi judiciary, which, after God, will be the support and helper to bring me justice against those who wronged me," announcing that "this is targeting and warning to everyone who works and fights with honor and integrity the types of corruption that have ravaged Iraq's wealth."
Al-Faisal concluded by saying: “I know that this is a price paid by those who do not rely on the corrupt and their methods that lack chivalry and morals, and the rumour-mongers will not deter us from building the state and its institutions with this cheap targeting.”
MILITIAMAN CC HIGHLIGHTS, 9 NOV
MILITIAMAN CC HIGHLIGHTS
Summary
Iraq’s Prime Minister Sudani is reforming the financial system, promoting digital banking, and addressing currency pricing to enhance economic stability.
Highlights
- 📈 Sudani’s directives aim to expand financial services and improve economic development.
- 💳 Digital transformation includes increased banking access and electronic payment systems.
- 🏦 The Central Bank focuses on stabilizing prices and reducing the parallel market’s influence.
- 🚢 Iraq’s Port Faw project is progressing, enhancing international trade capabilities.
- 🤝 The IMF’s support is crucial for modernizing Iraq’s banking sector.
- 👩🎓 Training and educating citizens on financial services are essential for inclusion.
- 📉 Inflation rates are declining, contributing to economic confidence.
Key Insights
- 🌍 Economic Reforms: Sudani’s initiatives reflect a commitment to reform Iraq’s financial system, transitioning from cash reliance to digital banking, critical for economic growth.
- 📊 Digital Banking: The push for modern technologies like mobile banking will increase financial inclusion, particularly benefiting rural areas and small businesses.
- 💰 Price Stabilization: The Central Bank’s efforts to eliminate the parallel market indicate a goal of achieving a single, stable exchange rate, aligning with IMF standards.
- 🚢 Infrastructure Development: The completion of the Port Faw project symbolizes Iraq’s readiness to engage in international trade and bolster its economy.
- 🤝 IMF Collaboration: The ongoing partnership with the IMF is essential for implementing comprehensive banking reforms and improving Iraq’s economic framework.
- 👩🎓 Financial Literacy: Educating citizens about banking and financial management is vital for fostering a more inclusive economy and ensuring participation in the digital transformation.
- 📉 Inflation Control: The significant decline in inflation signals positive economic trends, enhancing public confidence in government policies and the financial system.
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