MP: Baghdad Summit Will Attract $30 Billion in Investments to Iraq
MP Mudhar Al-Karwi confirmed on Friday (May 16, 2025) that the Arab Summit will contribute to opening up broad investment horizons in Iraq in no less than 12 important economic sectors, and may attract investments worth up to $30 billion over the next few years.
Al-Karwi told Baghdad Today, "Despite being held under exceptional circumstances in the Arab region, including the repercussions of the situation in Palestine and other Arab countries, in addition to the security and economic challenges, the Arab Summit will provide significant economic momentum to Iraq."
He added, "Baghdad has succeeded in eliminating security concerns, and with the current positive developments, the summit will contribute to stimulating economic exchange between Iraq and Arab countries.
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He pointed out that "after the Baghdad summit, there will be positive repercussions on 10 to 12 economic sectors between Baghdad and Arab capitals, with the potential to attract investments of up to $30 billion within a few years."
Al-Karwi explained that "there is interest from Arab countries, especially Gulf countries, in investing in the agriculture, industry, and banking sectors, with the potential to create private partnerships, as Iraq's development path has become a major focus of interest in many Arab capitals."
He stressed that "Iraq, through the economic committees, is moving toward concluding several agreements during the summit or through subcommittees, which will enhance the impact of the summit, which will not be limited to the political dimension alone, but will clearly extend to include the economic dimension." link
...one huge obstacle is still Iran and this issue must be resolved. Remember that the U.S. has to sign off on the reinstatement of the IQD to finalize the process...
At this point it shows that goals have been accomplished and its time to reap the benefits.
Dinar rate is already on Forex loaded and ready to go..
Waiting for USA to flip the switch to the new financial system ....
Hence, Iraq releasing digital dinar!!
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Too many people in my account cannot understand what the hell is going on
Here’s an explanation
What I’m posting about Syria, giving you the biggest hint that reevaluation about to happen
Because all currencies will RV at the same time
Forget about double dipping … ain’t gonna happen
But when I’m posting about Syria that doesn’t mean Iraq currency is not going on FX
Because on March 2025 Iraq kept talking about releasing digital dinar for the whole month of March
When they’re saying
“We are releasing the digital dinar”
it means it’s already created with the new rate
Ready to go at any second USA with flip to the New financial system
Iraq has begun implementing a project to digitally preserve its historical heritage.
May 16, 2025 Erbil - Amjad Nasser The Prime Minister's advisor for artificial intelligence, Diaa Al-Jumaili, confirmed that Iraq has begun implementing distinctive projects using modern technology, such as the project to digitally preserve historical heritage using digital scanning and 3D printing techniques.
This is used to preserve shrines, manuscripts, and historical buildings, enabling their recovery in the event of their loss due to natural disasters such as earthquakes and floods.
Sustainable Development
He added to Al-Zaman during the eighth international scientific conference of the Union of Arab Statisticians, held in cooperation with Tishk University in Erbil, under the theme (The Impact of Artificial Intelligence and Effective Statistics to Achieve the United Nations Sustainable Development Goals), that “an Iraqi team used 3D printing to redesign an old turbine that generates electricity in the Haditha Dam, which reflects the use of artificial intelligence in preserving infrastructure.
In addition to cultural heritage, old books are being converted into digital copies that can be read and analyzed, in a step towards digital documentation of historical and intellectual content.
This also confirms that every revolution has brought about a change in the type of skills required, but it did not eliminate job opportunities, but rather changed their nature.
For example, the First Industrial Revolution, which was associated with the steam engine, raised concerns among those whose professions depended on horses, but it created new jobs in fields such as coal mining and iron smelting.
This analogy justifies present-day fears of artificial intelligence, but calls for understanding it as a tool for positive change for those with the appropriate skills.
The Fourth Industrial Revolution, unlike its predecessors, will activate new roles based on talent.” Philosophy and cognitive depth, and an example of this is the well-known Iraqi doctor (Alaa Bashir), who combined medicine and art (being a sculptor and painter), which made him a model for the multiplicity of skills required by this stage).
Cultural Heritage
He also pointed out that (unfortunately, some Arab societies, especially the poor ones, do not deal with the Fourth Industrial Revolution, and this is due to the lack of training and weak qualification in the fields of modern technology, while Iraq has greatly excelled in this field, especially after the decision of Prime Minister Eng. Mohammed Shia Al-Sudani, to introduce artificial intelligence and use it in ministries and institutions.
My role as a volunteer consultant for artificial intelligence and education in Iraq, I do not receive a salary, but I sometimes spend from my own money because I find great pleasure and benefit in it, expressing my belief that Iraq has a huge cultural and artistic heritage that the West can learn about,
and Iraq, after consuming Western content, needs to highlight its own content of texts, plays and arts, because Iraq excels in visual arts compared to many countries in the world, which is an indication of the depth and richness of the local creative environment).
He also stressed the importance of respecting linguistic and cultural diversity in Iraq, and the need to involve children in learning different languages from an early age. The Kurdish language contains about 200,000 words, while the Arabic language contains about 12.5 million.
This is a rich cultural resource that should not create division, but rather cultural integration. We see this cultural diversity in Iraqi events, such as weddings that include Kurds and Arabs from different regions.
This diversity is considered a source of generative artificial intelligence, because it nourishes creativity and innovation through different references and backgrounds. LINK
[via WiserNow] Very briefly, we find that in the redemption centers...the screens went dark.
They went black, and it was because, probably because new rates are going to be coming up, and they didn't want to show those yet. Now in the banks, the rates are still up.
I think this is a good thing when the when the screens go down at redemption center. It's telling you, wait, there's going to be changes coming to the rates...That shows that we're close...
When they’re saying
“We are releasing the digital dinar”
it means it’s already created with the new rate
Ready to go at any second USA with flip to the New financial system