Baghdad expects Al-Faw Port to turn Iraq to a maritime state with a role in the Gulf, 10 NOV

Baghdad expects Al-Faw Port to turn Iraq to a maritime state with a role in the Gulf

Iraqi high Minister Mohammed Shia Al-Sudani inaugurated five docks on Thursday at a main new port the us of a is building on its slim Gulf coast.

Grand Faw Port on Al-Faw Peninsula is supposed to offer a new freight link between Asia and Europe thru upgraded rail and street infrastructure via Iraq and Turkey.

Dubbed the Iraq improvement street, the mega assignment is anticipated to value some $17 billion.

the first segment of work on the new port, intended to supplement the present docks within the port city of Al-Faw, is expected to be finished next year by way of South Korean construction large Daewoo Engineering.

Al-Sudani said the new port might make Iraq part of the “worldwide exchange and shipping routes that skip thru the center East”.

“The mission will remodel Iraq from a country dependent on the ports of others to a maritime state with a complete presence at the Gulf,” he stated.

Daewoo has constructed a almost 16 kilometre (10 mile) long breakwater in the Gulf to defend the port — the sector’s longest, in keeping with Guinness world records.

A tunnel connecting Al-Faw Peninsula to the Iraqi port of Umm Qasr is 1/2 whole, the prime Minister said.

RV UPDATE BY MNT GOAT, 9 NOV

  Mnt Goat

  My...CBI...contact...told me there is a planned meeting next week with the director Al Al-Alaq to review the status of the committee work and plan out the next phase of the project to delete the zeros.

 I was told that the CBI will no longer be supporting the currency auctions come the end of the year...she told me they are now working on many more foreign banks besides the already arranged four (4) U.S. banks that are going to also come into process of supporting the international conversion of dinar to dollars on payment of imports to Iraq. 

Why would these other banks want to exchange dinars if they were not going to be worth something and globally traded?

 ...This news was VERY good news for all of us. It tells us there is going be some huge change in policy of currency exchange for international trade with Iraq.

FIREFLY: "Alaq knows there is going to be a rate change" @DINARREVALUATION

"THIS IS THE 30 DAY EXTENTION EDDIE TOLD US ABOUT" BY FRANK26, 9 NOV

 KTFA

FRANK26: "THIS IS THE 30 DAY EXTENTION EDDIE TOLD US ABOUT"........F26

Iraqi Parliament extends its legislative term until the ninth of next month

11/7/2024

 

The Iraqi Parliament decided today, Thursday, to extend the legislative session for 30 days, starting from November 9 of this month.

This comes after the member of the Parliamentary Legal Committee, Mohammed Al-Khafaji, revealed to Shafaq News Agency that the current legislative session of the Council of Representatives ends on the 9th of this month, and that its extension for another month is subject to Article 58 of the Iraqi Constitution. 

He added that according to this article, the legislative term can be extended at the request of the President of the Republic, the Prime Minister, the Speaker of the House of Representatives, or 50 members of parliament, provided that the extension is approved by a vote of the majority of the members of the House.

Al-Khafaji explained that the extension comes to organize the work of Parliament and approve pending laws, as the past period witnessed repeated postponements in the Council’s sessions and the incomplete agenda.

He pointed out that the extension will provide an additional opportunity for the government to submit the draft general budget law for 2025, which is supposed to be submitted before the end of this year. He stressed the importance of the government taking advantage of this time to avoid the delay witnessed in the budget this year.

LINK

TIDBIT FROM TEXAS SNAKE, 9 NOV

 TEXAS SNAKE

Well word via the banker from the higher ups is an announcement will be made shortly after Tuesdays results are in that in addition to the president many changes will be following shortly. 

We will be getting 800 numbers and begin scheduling appointments towards the end of the week with those appointments to begin around Tuesday the 12th. 

 He will update me as he receives news.

Breaking News: Trump and Sudani's Game-Changing Call! BY FIREFLY @DINARR...

"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

“Halal” shares without interest start at $100.. The first company to enter Mosul (video)

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.

LINK