FRANK26: "THE NEW EXCHANGE RATE REACHES FOR THE SKIES IN IRAQ"

 KTFA

FRANK26: "THE NEW EXCHANGE RATE REACHES FOR THE SKIES IN IRAQ".......F26

Construction begins on Baghdad View, Iraq’s largest vertical residential city

5/12/2025

Baghdad – 

Construction has commenced on “Baghdad View,” set to be Iraq’s largest vertical residential city, featuring over 200 towers, each 20 stories high. The massive development is strategically located on Baghdad International Airport road, adjacent to the American University and Al-Bayan University, within the Al-Ukhuwa Residential City project.

“Baghdad View” will offer diverse housing options, including studio apartments (a first for Baghdad) up to three-bedroom units, all with views of the Presidential Palace lakes or the city. Units are available at subsidized prices of approximately $930 per square meter (at the Central Bank exchange rate), with easy payment plans and interest-free mortgages offered by the developer.

The project promises a fully integrated community with extensive amenities. These include vast green spaces and water features, schools, a hospital, medical and shopping centers, a commercial promenade with popular restaurants and cafes, a sports club with pools and courts, dedicated children’s play areas, and tracks for walking, jogging, and cycling, alongside essential services like a fire and police station.

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TIDBIT FROM FRANK26

 Frank26  

 Watch the CBI open up to the new exchange rate once Donald Trump is done with Iran...Iran is the reason why you don't have the new exchange rate...Iran is doing the right thing...I want you to watch Trump deal with Iran and when he does, watch what the CBI does right after that.

What happens if we have security and stability against the banking system in Iraq?

  What happens to  your dinar?  It would equal a new exchange rate because that's the target...

Security and stability will bring forth a new exchange rate of the Iraqi dinar but it has to be a specific security and stability precisely from Iraq.  To see what Trump is doing right  now is the supreme example of security and stability.

BROTHER TECHN: Iraq clearly has enough monetary power to buy back all their currency off the streets

 

FRANK26: "SECURITY & ECONOMIC STABILTY!!!"

 KTFA

FRANK26: "SECURITY & ECONOMIC STABILTY!!!".F26

The Arab Summit in Baghdad and Joint Arab Economic Cooperation

 

Samir Al-Nusairi

   

5/13/2025
 

The 34th Arab Summit will be held in Baghdad soon, amidst the economic, political and security challenges and crises sweeping the
world, the Arab region and the geographical region, at a time when most countries are suffering from the current trade war between America and China, which has disrupted international trade and complicated ways to facilitate the economic and financial process, in addition to the effects of wars, conflicts and disputes in the region and the world on the current economic situation and expectations of slowing economic growth and inflationary stagnation and the suffering of countries that depend primarily on oil as the main resource for the country, as well as the accumulated suffering of poor countries from the food and energy crises.

All of the above factors make Iraq, which is witnessing security and economic stability,  enjoys balanced foreign relations with countries of the world, and strong and open relations with Arab countries. This is supported by the success of the current government in achieving fundamental stages of comprehensive economic, financial, and banking reform, which will be reflected in building a solid national economy and a solid financial and banking sector, as economic indicators indicate in 2024 and the first quarter of 2025.

Foreign exchange reserves and gold reserves exceed $100 billion, with a sufficiency rate of 140% to cover the local currency in cash circulation and to cover imports, the recovery of the Iraqi dinar, and the relative stability of the exchange rate against the US dollar. The annual inflation rate reached 2.8% and the core inflation rate 2.5%, which means maintaining the general level of prices despite the food crisis and the repercussions of the current global trade war. What strengthens the Iraqi economy are the giant economic and investment projects and joint projects with Arab and friendly countries, such as the Development Road Project, gas investment, regulating foreign trade financing, building solid financial and banking relations with the world's correspondent banks, complying with international standards, and combating money laundering and terrorist financing.

Therefore, holding the Arab Summit in Baghdad is an important step towards Iraq's return to its Arab fold and its openness to building balanced political, economic and security relations with sister nations. This will enable Iraq to launch an initiative for a joint Arab strategic cooperation project, similar to the one currently implemented by global economic blocs. This initiative aims to formulate a strategy for Arab economic integration, unify joint policies and programs to support and enhance Arab development work and confront potential risks.

The experience of previous successful coordination relations with Egypt, Jordan, Saudi Arabia and the rest of the Gulf states has established important pillars for Arab economic cooperation, which supports Iraq's position in calling for the establishment of an Arab economic bloc that serves the supreme interests of the Arab peoples in all fields, especially cooperation, communication and strengthening financial and banking relations among them, particularly in foreign banking transactions. Motivating and encouraging investment companies to invest in Iraq will lead to strengthening the financing and investment sectors, especially economic infrastructure projects.

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DINAR EXCHANGE 💱 Iraqi Dinar May 2025 Update 🇮🇶

 DINAR EXCHANGE

Iraqi Dinar May 2025 Update Official rate: 1,320 IQD/USD Digital Dinar rollout accelerating Reval rumors flying — $_______ IQD? (No official confirmation) CBI focused on stability & modernisation — but the RV crowd’s still watching...

The Iraqi dinar is now fully backed by the country’s foreign currency reserves!! #iraqidinar #iraq

 

FRAN26: "BECAUSE THE ARAB COUNTRIES KNOW IRAQ'S POTENTIAL... IS NOT 1310"

 KTFA

FRAN26: "BECAUSE THE ARAB COUNTRIES KNOW IRAQ'S POTENTIAL... IS NOT 1310"......F26

Iraq is on the rise economically and trade with Arab countries is growing.

5/13/2025

The Ministry of Trade confirmed on Tuesday that Iraq represents a major economic player in the region, witnessing a significant increase in the volume of trade with Arab countries and working to strengthen its regional and international economic role.

 

“The volume of trade exchange between Iraq and 11 countries amounted to about $65 billion in the first half of 2024, an increase of 10% compared to the same period in 2023,” said Mohammed Hanoun, the ministry’s official spokesman, in a statement received by {Euphrates News}. “The volume of trade exchange between Iraq and Saudi Arabia reached $1.3 billion in 2024, reflecting a significant increase compared to previous years. With the Hashemite Kingdom of Jordan, the volume of trade exchange between Iraq and Jordan exceeded $1 billion annually, after increasing by 45.6% compared to the previous year. With the United Arab Emirates in 2023, the UAE exported goods worth $22 billion to Iraq.”
  Regarding Iraq's economic role, Hanoun explained, "Iraq's economic role in the region and the world has begun to grow and expand, ranking 51st globally and fourth in the Arab world on the list of the world's largest economies for 2025, according to a report issued by the American magazine "CEOWorld."
Hanoun emphasized that the $17 billion "Development Road" project aims to make Iraq a regional transportation hub by linking its southern hinterland to the Turkish border in the north, thus strengthening its role as an economic hub in the region. He emphasized that Iraq's move is to strengthen its economic standing by developing trade relations with Arab countries, reviewing all previous agreements, and implementing strategic projects aimed at diversifying its economy and reducing its dependence on oil. 

He added, "Iraq's commitment to hosting the Arab Summit reflects its commitment to leading Arab efforts toward economic and development integration, having called for the establishment of an Arab economic bloc that would invest in the human and geographic resources of Arab countries, with the goal of achieving effective economic integration, creating job opportunities, and achieving social justice." 

The official spokesperson for the Ministry of Trade confirmed that "Iraq seeks, through hosting the Arab Summit, to focus on food security and sustainable development, develop an Arab food security strategy, and support initiatives related to artificial intelligence, energy, water, and education, with the goal of achieving sustainable development in the region." 

Iraq had proposed in previous meetings the establishment of an Arab Council comprising trade ministers under the umbrella of the League of Arab States, to enhance coordination and integration in trade policies among member states.

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