Nechirvan Barzani receives a written message from Trump, 21 FEB

 Nechirvan Barzani receives a written message from Trump

Baghdad Today – Baghdad

Today, Thursday (February 20, 2025), the President of the Kurdistan Region, Nechirvan Barzani, received a written letter from US President Donald Trump, in response to a previous letter addressed to him by Barzani.

A statement by the presidency of the region, received by “Baghdad Today”, stated that Trump thanked Barzani in his message “for his message”, stressing “joint work and cooperation and strengthening common values ​​with the Kurdistan Region.”

At the end of the message, according to the statement, the US President expressed his “hope for the success of the President of the Kurdistan Region.”

TIDBIT FROM BRUCE, 21 FEB

 Bruce   

[via WiserNow] 

 we had a 99.9% chance of being notified...Tuesday, and we didn't get it...Could Wednesday, Thursday be our blockbuster days, I think so...

I could tell you this much, the redemption center leader we talk to occasionally – when we’re able, was expecting an email...and he got the email, and it said, “pending “ 

– “Be prepared to go in at a moment's notice”, that was into redemption Center as a leader... I'm excited. And you know what? Maybe we get notified and we start exchange Thursday.

MILITIAMAN: Iraq...is taking her place again in the region!! @DINARREVALUATION #iraqidinarinvestor

 

Iraq leads growth in new foreign companies joining Dubai Chamber, 21 FEB

 Iraq leads growth in new foreign companies joining Dubai Chamber

– Iraq had the fastest growth rate among the top 10 nationalities of new foreign firms entering the chamber in 2024, according to a recent report by the Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers. The United Kingdom and Turkey are among the other nations on the list.

Compared to the 1,247 Iraqi businesses that were registered in 2023, the number of new Iraqi businesses joining the Dubai Chamber of Commerce increased to 1,718 in 2024, a 37.8% rise.

Significant growth was also seen by Turkish businesses, as 1,314 new businesses joined in 2024, up 25.5% from 1,047 in 2023. The UK continued to be a major contributor, registering 2,588 new businesses in 2024—a 14.2% rise over 2,267 in 2023.

The rise in Iraqi companies joining the Dubai Chamber highlights the strengthening economic ties between Iraq and the UAE, which have improved significantly over the past several years. This positive momentum reflects increased trade, investment, and business collaboration between the two nations.

EXCERPTS FROM MARKZ, 21 FEB

EXCERPTS FROM MARKZ

Member: Whats new Mark…..any bond news?

MZ: I continue to get more historic bond updates , and the timing is being confirmed from nearly everyone of them…..looking at anytime in the next 12 days to be very busy on that front. Bond folks say their final appointments have been given. They have gotten all kinds of updates including some background on what has been going on. 

MZ:  I have not heard much from groups yet….I know a couple people involved in the upper levels of groups that recently traveled to be in place. They say they are working hard but won’t say on what. 

MZ: We continue to hear this is an absolute priority for Trump. We hope that is accurate and we are off the “stuck” spot. 

MZ:The best time to do this was between 11PM est & 2AM est on a Saturday night into a Sunday Morning

 

The Central Bank reassures citizens through “Baghdad Today”: No instructions to prevent the delivery of the “dollar”, 21 FEB

 The Central Bank reassures citizens through “Baghdad Today”: No instructions to prevent the delivery of the “dollar”

Baghdad Today – Baghdad

An official source at the Central Bank of Iraq, on Thursday (February 20, 2025), denied issuing instructions to prevent the delivery of citizens of any amount in hard currency from banks.

The source confirmed, in a statement to Baghdad Al-Youm, that “talking about issuing instructions from the Central Bank to prevent the delivery of any amount in hard currency, is incorrect,” pointing out that there is no shortage of hard currency, especially the dollar, and that citizens receive their money naturally.

The source, who asked not to be named, added that “the process of depositing citizens for their money, whether in dollars or local currency, continues on a daily basis in government banks and others, and there are no fears of a shortage in the dollar treasury in Iraqi banks during the next phase.”

This denial comes from the central bank amid rumors about imposing restrictions on the delivery of the dollar to citizens, in light of the economic challenges facing the country.

The market has been witnessing a fluctuation in the exchange rate of the dollar against the dinar for some time, which has raised fears among citizens and traders about the possibility of imposing restrictions on transactions in dollars.