Al-Fatah clarifies its vision regarding Trump’s request to meet with Al-Sudani, 11 NOV

 Al-Fatah clarifies its vision regarding Trump’s request to meet with Al-Sudani

Baghdad..
On Sunday, the leader of the Al-Fatah Alliance, Ali Al-Fatlawi, explained his vision regarding the request of US President-elect Trump to meet Al-Sudani as soon as possible.

Al-Fatlawi said in a statement to Al-Maalouma Agency, “The phone calls that Trump made after announcing his victory in the US elections, with 70 world leaders, were limited to congratulations and diplomacy, but his call with Prime Minister Mohammed Shia al-Sudani was different from the rest of the calls, as Trump asked to meet al-Sudani as soon as possible.”

He added, “Trump’s request to meet with Al-Sudani as soon as possible is due to his awareness that Iraq has become an influential phenomenon at the regional level, especially in the Middle East.”

He continued, “Iraqi policy has proven to be a balanced policy between resistance and diplomacy, and that Iraq may be the key to resolving the conflict in the region,” noting that “Trump is trying to ease the burden on the Zionist entity, which has suffered great losses and can no longer bear to open a new front of conflict.”

He pointed out that “Iraq can benefit from the meeting to clear its arena of the presence of occupation forces and find appropriate solutions for the benefit of Hezbollah and Gaza.”

It is noteworthy that the phone call that took place between US President-elect Trump and Prime Minister Mohammed Shia al-Sudani last Friday evening, where Trump expressed his desire to work positively with Iraq, requested to meet al-Sudani in the near future.

almaalomah.me

"GOING INTERNATIONAL FOR SURE" , 10 NOV

 

NADER FROM MID EAST: Remember, nader said it’s all about import export IQD#

Prime Minister's Advisor Announces US Treasury Support Mechanisms for Iraq, 10 NOV

  Prime Minister's Advisor Announces US Treasury Support Mechanisms for Iraq

Today, Sunday, the Prime Minister's Advisor, Mazhar Mohammed Salih, announced the mechanisms of the US Treasury's support for Iraq since 2003, while he indicated the continuation of consultations with the US Treasury regarding combating money laundering.

Saleh told the Iraqi News Agency (INA): "The cooperation and coordination between Iraq and the US Treasury extends back to the first years since the change of the former regime," indicating that "the Treasury played an important supporting role in supporting the Paris Club Agreement in 2004 concerned with writing off Iraq's debts called pre-1990 debts, and the presence of Treasury representatives in the Paris Club Agreement Secretariat helped ensure the writing off of 80% or more of the former regime's debts."

“The US Treasury succeeded in supporting infrastructure financing in Iraq through the conference held in the Spanish capital Madrid on October 23-24, 2003. Its primary goal was to mobilize financial support for the reconstruction of Iraq after the US-led invasion in 2003.

Seventy countries and international organizations participated in the conference,” he added, explaining that “the conference was able to collect pledges amounting to about $33 billion, but a large part of these amounts was in the form of loans or technical support, and not all of it was direct financial aid.”

He explained that "the US Treasury contributed to establishing the Iraqi payments system in 2006 through a direct technical agreement with the Central Bank of Iraq to establish a wholesale payments system between the Central Bank on the one hand and the banks and the government in transferring funds and settling them electronically on the other hand, in addition to entering the era of settling bank checks electronically as well, which are matters in financial technology that are being introduced for the first time in our country

Noting that "from the history of the important assistance provided by the Treasury, it has played an important role in replacing the local, fast-forgery edition of the dinar that was issued during the nineties siege in the largest campaign witnessed by Iraq between late 2003 and early 2004 with the international edition of the dinar, according to the highest international technical specifications."

He stressed that "since the signing of the Strategic Framework Agreement in 2008 until today, there have been continuous consultations between representatives of the financial and monetary authorities in our country and the treasury to cooperate in combating money laundering and the proceeds of crime and terrorism in a manner that achieves governance and compliance for our financial and banking system as well as its optimal integration into the global financial and economic climate link

EXCERPTS FROM MARKZ, 10 NOV

 EXCERPTS FROM MARKZ

MM: With that development road – people and trade will come in droves. 

MZ: And the Central banks through auctions have just sold a billion in USD and took in dinar to buy it. 

MM: The push is big….Last night I did a video and this article was interesting to me “ In 5 days Iraq Central Bank sells more than a billion dollars”  and they say there is now no room for the parallel market or black market for dollars. This is huge from Al ALaq. Once they open the doors and change the REER then the dinar will then be stronger than the dollar. That is what Al-Sudani has said more than once. And that is what we are waiting for. 

Member: Looks quite promising for Iraq

Member: I heard a seller say there was no more dinar to be had?

MZ: I know some sellers and they say it’s harder to get dinar to sell right now. I had one seller tell me that probably 90% of the dinar they are selling right now is dinar they bought back from people who have given up. So much of the dinar they are selling right now is recycled. 

MM: I have heard that too. 

MAJEED: "And the rate will be $4 per 1 IQD " @DINARREVALUATION

 

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