Saturday, February 1, 2025

Innovation And Economic Development, 2 FEB

 Innovation And Economic Development

 
Economic 2025/01/30  Zaki Abdul Razzaq   Between creativity and the strength of will, in light of the rapid development of technology and increased commercial competition, the need for innovation and development shows,
 
by adopting a different approach in work and production after the old curriculum was unable to provide solutions and be with different forms and forms as a new product or advanced technology services and technological processes.
 
Innovation then ... a mighty engine for economic growth.
 
In economics, there is a problem (scarcity),
 
but innovation violates the rules of scarcity as it gives the economy greater production in the same amount of resources available or less of them, and

this is the key to success and creative development that gives us a driving force towards great economic growth, and it returns with great benefits to society.

Within the framework of comprehensive development in the fields of manufacturing and services, the role of innovation is highlighted as a major and important key  in
 
     reducing costs,
     increasing productivity and quality,
     reducing waste and
     enhancing the principle of competitiveness in the market, also
 
there is another role that includes engineering development and electronic applications in heavy industries, especially in smart manufacturing, clean energy and 3D printing techniques Outdated control and renewable energy in addition to data analysis to improve operations and make firm decisions.
 
The result here leads to better products and methods of production more effective as in the world of e-commerce, also adds a new value to the materials.
 
For example, computers chips produced from silicon and its source of sand as a result of innovation and development, and this is conclusive evidence that science and technology is indispensable.
 
All the benefits and importance offered must ask a question about the role of innovation and development in economic development in Iraq to remind our country must be within the global innovation index, and that
 
Iraq does not occupy an economical global center, and
 
everyone knows the capabilities of Iraq as it abounds with the natural resources and human resources that are A divine gift,
 
which is the focus of development and must be worked to remove Iraq from the economic recession.
 
It is time to look forward, the responsibility is great and important for all concerned.
 
It requires enhancing the integration between scientific and technological innovation and industrial innovation, and the government must give priority to innovation in its policy.
 
The enlightened government planning is decisive to achieve success.
 
The important thing is to increase investment in scientific research and innovation,
 
all of this in order to build competencies and capabilities in the industrial development sector that leads to promising industrial performance in order to compete globally,
 
in turn leads to 
     increased income,
     creating functions and
     attracting foreign investments and
     achieving distinguished industrial performance,
 
the slogan (made in Iraq) must To possess real and high value by caring for and embracing innovation and providing training and rehabilitation.      https://alsabaah.iq/109315-.html 


MAJEED : Why is it Monday?, 2 FEB

 MAJEED

Why is it Monday? 😎🔥 Why is the official announcement from a crypto exchange, will be announced on Monday?😎🔥 There is something else going on with IQD on Monday 😎🔥 🎉Sounds like all will happen on Monday 🎉 LFGGG🔥🎉😎
Image
Quote
Uphold
@UpholdInc
We know you've been HODLing on. You just need to lock in a little longer for your reward. Official announcement 2.3.25. ⌛️
Show more

JON DOWLING: We are finally in the climax point folks!!! @DINARREVALUATION #iraqidinarinvestor

 


UN: It's time for all Iraqis to benefit from their country's wealth, 1 FEB

 UN: It's time for all Iraqis to benefit from their country's wealth

1/31/2025  Baghdad - 

The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Al-Hassan, said on Friday that Iraq is approaching an important constitutional entitlement, which is the elections, expressing his confidence in the ability of the Iraqi people to exercise their constitutional right peacefully and responsibly, stressing that the time has come for all citizens of the country, regardless of their affiliations, to enjoy its benefits, far from sectarian and exclusionary projects.

Al-Hassan during a press conference at the Iraqi Jurisprudence Council in Al-A'dhamiyah, followed by 964 Network :

Our message at the United Nations is a clear message: stability and security in Iraq.

Iraq is for everyone and it is a homeland that embraces everyone.

The soil of Iraq rejects sectarian, factional and exclusionary projects.

We at the United Nations believe that such sectarian and factional projects have no future in this country.

We have confidence in the awareness of the Iraqi citizen and his ability to distinguish between the good and the bad.

Today, the Iraqi citizen is yearning for more careful leaders, leaders whose concern is not to market political projects as much as it is to present projects that improve the living conditions of Iraqis in all governorates.

Projects that provide security and a decent life for all Iraqis.

The education, transportation, roads, health, electricity and other sectors need development.

The Iraqi citizen is looking forward to seeing tangible efforts in various sectors.

What we have seen in the past few years is something honorable and heartwarming.

Iraq is approaching an important constitutional entitlement, namely the elections, and we have confidence in the ability of the Iraqi people to distinguish and exercise their constitutional right peacefully and responsibly, by choosing the leaders in whom they see what fulfills their aspirations and hopes, far from sectarianism and far from exclusionary projects.

It is time for the people of this country, regardless of their affiliations, to all enjoy the blessings of this country.

The future of Iraq is a trust, sectarian projects and fear-mongering from the past and the future are over.

We wish this country all the best and prosperity and all that is good and beneficial for this country and the people of this ancient country.   LINK


REINALDO JC : IRAQ—While we investors wait for the rate to change…!!, 1 FEB

 REINALDO JC

IRAQ—While we investors wait for the rate to change…

We might as well have some fun with these Iraq news articles wordings they LOVE to use that make us go-here we go again 🙄 like… 

“soon” next” delegation” meeting” technical issues” to be determined” next scheduled” “in the coming days” will agree” to complete” will be” to resolve” to hold” to continue” to discussed” 🤣🤣

*What other words they love to use on us investors that I’m missing or you’ll can think of?

MNT GOAT: The governor of the CBI knows the Dr Shabibi plan and it can not be stopped!! #iraqidinar

 


Iraqi Bank Training on Cross-Border Payments, Financial Integrity, 1 FEB

  Iraqi Bank Training on Cross-Border Payments, Financial Integrity

30th January 2025  By John Lee.

The Washington DC-based Institute for Financial Integrity (IFI) has announced the launch of the Financial Integrity and Cross-Border Payments Training Program for the National Bank of Iraq (NBI), developed in partnership with the Central Bank of Iraq (CBI) and K2 Integrity.

According to a press release from IFI, this groundbreaking initiative aims to enhance the integrity of the Iraqi financial system by ensuring cross-border payments originating from Iraq adhere to legal requirements, regulatory expectations, and global standards. 

Designed for National Bank of Iraq employees, the training program is designed to:

Create a community of financial integrity experts at NBI to enhance the CBI's efforts in effectively addressing significant illicit finance threats to both the Iraqi and global financial systems.

Facilitate and demonstrate effective implementation of global Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) standards in line with Financial Action Task Force (FATF) recommendations and guidance.

Promote a culture of financial crime compliance and risk management throughout NBI.

Ayman Omran Abu Dhaim, CEO at National Bank of Iraq, remarked:

"Ensuring the integrity of financial transactions is crucial for fostering trust and stability in both domestic and international markets. This comprehensive training program will ensure that NBI is a leader in promoting a culture of compliance and protecting the Iraqi and global financial system from abuse by illicit actors.

The blended training program will be delivered both live as well as online through IFI's DOLFIN® platform. Key program features include:

In-depth, live training sessions led by experts from IFI and K2 Integrity

eLearning library featuring videos of experts covering core topics

Practical case studies focusing on real-world challenges and solutions

Resources and tools to support ongoing compliance efforts

Grant Kreft, Chief Executive Officer at Institute for Financial Integrity, said:

"At IFI we're proud to deliver this important training to the National Bank of Iraq... This program represents a significant step towards enhancing the regulatory framework surrounding cross-border payments in Iraq, ultimately benefiting the broader international financial community."

(Source: IFI)   LINK

Iraq Moves to Boost Sovereign Wealth Funds After Valuing Natural Resources at Over $16 Trillion

Government advisor: Iraq's natural resources are estimated at $16 trillion   5/18/2026   The financial advisor to the Prime Minister, Ma...