Monday, December 16, 2024
The President of the Republic stresses the importance of Sistani’s visions and his keenness on the stability of Iraq and his avoidance of regional tug-of-traws, 16 DEC
Baghdad today –
His Excellency the President of the Republic, Dr. Abdul Latif Jamal Rashid, received on Sunday (December 15, 2024) in Baghdad, the Representative of the Secretary-General of the United Nations in Iraq, Mr. Mohammed Al-Hassan.
During the meeting, they reviewed the general situation in Iraq, as well as the developments of the regional scene, especially the developments in the situation in Syria, and efforts to reach solutions that ensure the unity and stability of Syria.
His Excellency the President of the Republic has explained the importance of the role played by the International Mission in supporting stability and development in Iraq and facing current challenges.
His Excellency also stressed the importance of seeing His Eminence the Supreme Reference, Sayyid Ali Al-Sistani, in light of the speech of the Supreme Reference with the representative of the Secretary-General of the United Nations, and the keenness of His Eminence on the stability of Iraq, and his distance from regional tragments.
For his part, Mr. Al-Hassan affirmed the commitment of the United Nations to maintain the sustainability of the gains achieved in Iraq at the security and developmental levels and to seek to strengthen them.
DINAR REVALUATION REPORT: IRAQ PASSES CONSTITUTIONAL LAW FOR AN INTERNATIONAL DINAR, 16 DEC
DINAR REVALUATION REPORT: IRAQ PASSES CONSTITUTIONAL LAW FOR AN INTERNATIONAL DINAR
Summary
Iraq has passed a constitutional law for the internationalization of the Iraqi Dinar and appointed new banks for currency exchange, signaling a digital transformation.
Highlights
- 🚨 Iraq passes constitutional law for international Dinar.
- 🌐 New banking regulations align with global digital standards.
- 💼 Tier 1 banks preparing for currency exchanges.
- 📈 Digital payment regulations foster foreign investments.
- 🏦 CBI controls the Iraqi Dinar currency value.
- 🔗 Digital payment systems enhance financial transparency.
- 📅 The law is part of Iraq’s economic reforms for international readiness.
Key Insights
- 📜 Constitutional Law Passed: Iraq’s new law signifies a commitment to transitioning the Dinar to international status, critical for future economic growth.
- 🌍 Global Standards Alignment: The digital payment regulations align Iraq’s financial system with international practices, enhancing its attractiveness to foreign investors.
- 🏦 Tier 1 Banks Involvement: Major banks, including JP Morgan and City Bank, are preparing for currency exchanges, indicating a robust financial infrastructure.
- 💳 Digital Transformation: The laws facilitate the digitization of currency transactions, essential for Iraq’s integration into the global economy.
- 🔒 Consumer Protection: New regulations protect consumers in digital transactions, ensuring a safer financial environment for all citizens.
- 📈 Economic Resilience: The digital payment initiatives hint at a more resilient economic future for Iraq, promoting innovation and efficiency.
- 🚀 Future of Currency: As the banking system transitions to digital, the Iraqi Dinar is poised to gain international recognition, enhancing its value.
The Central Bank and the Securities Commission sign a joint memorandum of understanding to enhance cooperation, 16 DEC
Mawazine News – Baghdad
The Securities Commission announced on Sunday the signing of a joint memorandum of understanding with the Central Bank to enhance cooperation.
The Vice Chairman of the Securities Commission, Ngham Hussein Ismail, told the official agency: “On the basis of joint cooperation between government institutions, and given the desire of the Securities Commission and the Central Bank of Iraq to create a joint cooperative framework for both parties to contribute to achieving the sustainable development goals in the banking sector, a memorandum of understanding was signed between the two parties.”
She added that “the signing of the agreement came to enhance cooperation between the two parties in the field of information on shareholders, and benefit from the electronic window of the shareholders’ system approved by the Iraq Stock Exchange.” / It’s over
BROTHERS TECHNOLOGY: ." THE RATE IS REALLY ABOUT TO CHANGE" , 16 DEC
BROTHERS TECHNOLOGY
I know a lot you’ll just like and don’t read.
However if you’ll was to have read the previous article you would’ve been able to prove to yourself the rate is really about to change, which is why I said for the first time I’m on high alert 
However I love all you’ll………
Read the paragraph slowly and get excited.
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