EXCERPTS FROM MARKZ
Sunday, November 10, 2024
EXCERPTS FROM MARKZ, 10 NOV
An agreement between (Hisabi) and (TBI) to open two new branches and install dozens of ATMs in Kurdistan, 10 NOV
An agreement between (Hisabi) and (TBI) to open two new branches and install dozens of ATMs in Kurdistan
The Hesabi team and the Trade Bank of Iraq (TBI) have reached an agreement to speed up employee registration and card distribution procedures, as well as install ATMs across the Kurdistan Region to facilitate cash withdrawals.
Today, Thursday, November 7, 2024, the Trade Bank of Iraq (TBI) and the (Hisabi) team held their first meeting, where they agreed to expand the bank’s services to the employees of the Kurdistan Region, similar to other banks participating in the (Hisabi) project.
The agreed services include the opening of two new branches of the Trade Bank of Iraq in Erbil and Sulaymaniyah governorates, in addition to installing dozens of ATMs within “Hisabi” booths throughout the Kurdistan Region, with plans to distribute more than 10,000 (TBI) cards to employees.
The number of employees registered in the “My Account” project has so far reached about 700,000 employees, who will benefit from all financial and banking services provided by the eight banks participating in the project, including facilities for employees and salary recipients.
On Sunday, November 3, 2024, the Trade Bank of Iraq (TBI) announced the signing of a contract with the (Hisabi) project to localize the salaries of employees of the Kurdistan Region.
The bank explained in a statement that "this signing comes in line with the decisions of the Federal Supreme Court, and based on the directives of Prime Minister Mohammed Shia al-Sudani, regarding the necessity of the Iraqi Trade Bank's participation in the process of localizing the salaries of employees of the Kurdistan Region."
Below are some of the services provided by the (My Account) banking project:
1- You can access hundreds of ATMs and withdraw all the user's money at once and for free.
2- The devices are available for use 24 hours a day, 7 days a week, allowing employees to withdraw their money at any time they see fit.
3- A variety of different bank loans and advances can be obtained.
4- Direct debit cards can be used to make purchases online and through card readers known as (PoS).
5- The system allows safe and reliable money transfers inside and outside the country.
6- You can access the bank’s mobile application to follow up on your account movements, and receive notifications on your phone when salaries arrive. link
Weekend Coffee and News with MarkZ. 11/09/2024
Prime Minister: We adhered to the goal of completing the Greater Faw as the gateway to greater Iraq, 10 NOV
Prime Minister: We adhered to the goal of completing the Greater Faw as the gateway to greater Iraq
Prime Minister Mohammed Shia Al-Sudani sponsored, today, Thursday, the ceremony of receiving the five berths of the Grand Faw Port in Basra Governorate, and their entry into actual operation, after they were completed by the implementing Korean company.
Al-Sudani stressed in a statement issued by his media office that the five docks represent the backbone of the Faw Port, while pointing out that the development road will be an artery linking most of the countries in the region.
He explained that “this project has actually entered into the knots and paths of global trade and transport routes, which pass through the Middle East region, which has great strategic importance for global trade. It is considered the most prominent water basin in the world, where energy, trade, communication and exchange activities are concentrated in all their forms. It will also contribute to transforming Iraq from a country in need of other people’s ports, into a maritime country with a complete view of the Gulf.”
He added that “development and economic transformation are an integrated approach that meets the country’s needs and the vital economic levers it lacks for Iraq to connect with international trade,” noting that “Iraq was and still is a fundamental pillar in the global economy and a historical part and passage of the most important international exchange routes,” noting that “the development path will link, starting from the Grand Faw Port, the economies of most countries in the region and will be an outlet for achieving economic integration.”
He added that "the Council of Ministers supported the Ministry of Transport's procedures to rehabilitate railways on the development road tracks, or those that serve the road within a plan connected in its links," indicating that "new railway projects were included in the investment plan and financial allocations were allocated for them."
He said, “We adhered to the goal of completing the project, as it is a gateway to Iraq’s largest project, the path to development, and the main nerve in the government’s vision to maximize non-oil revenues, along with the industrial cities that will be established alongside the two projects.”
Al-Sudani added, “The General Company for Iraqi Ports has made significant progress in drawing up the correct policy for managing the Grand Faw Port, in addition to introducing major operators in the world, and the most appropriate and attractive economic model for trade exchange will be chosen.” link
"And the rate will be $4 per 1 IQD " BY MAJEED, 10 NOV
MAJEED
For the one who didn’t pay attention They said they will pay them 2500 IQD which is worthless now But it looks like they removed 000 already And the rate will be $4 per 1 IQD That’s why a 2500 IQD salary will be worth $10,000 LFGGGG
TIDBIT FROM FIREFLY, 24 DEC
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...