DINAR REVALUATION

Tuesday, July 8, 2025

Fnu Lnu :The Dinar is now getting International attention! @DINARREVALUA...

IRAQ PLANS TO RECEIVE 4 MILLION CONTAINERS ANNUALLY AT UMM QASR PORT

IRAQ PLANS TO RECEIVE 4 MILLION CONTAINERS ANNUALLY AT UMM QASR PORT.

Umm Qasr Port in Basra is undergoing rapid development as part of a plan to modernize its infrastructure and enhance its operational capabilities, aiming to increase its annual capacity to 4 million containers.

The port is considered one of the most prominent Iraqi ports, playing a vital role in supporting the national economy and connecting Iraq to global markets. This is achieved through development projects that include expanding docks, establishing advanced storage yards, and adopting modern digital technologies that contribute to accelerating handling operations and improving logistical efficiency.

Investment companies

Several investment companies are responsible for operating and developing various parts of the port. These include the Emirati company Gulftainer, which operates several docks and storage yards and provides integrated customs and logistics services. The Chinese investment company Lorain is also responsible for implementing projects to expand the docks designated for rolling goods and develop large backyard storage areas. These companies, in cooperation with Iraqi personnel, are also contributing to the introduction of digital operating systems that increase performance efficiency and reduce waiting and clearance times.

In this regard, Gulftainer’s Regional Director, Ibrahim Sarhan, told Shafaq News Agency, “Operations at the terminal operated by the company have witnessed a significant shift in recent years,” adding that “the approved electronic system creates a storage plan before the ship arrives, reducing waiting times and increasing handling efficiency.”

He added, “The terminal was built on an area of 450,000 square meters and includes storage yards, refrigerated warehouses, and customs and security facilities operating around the clock.” He emphasized that “customs clearance takes no more than 48 hours, which expedites the movement of goods, especially for sectors such as oil and gas.”

Earthquake-resistant sidewalks

Meanwhile, Naim Abboud, chief engineer at the Resident Engineer’s Department, told the agency, “Lorain Investment Company is developing docks (22, 23, and 24) designated for rolled goods, which were built using an earthquake-resistant heavy wall method.” He explained that “the area of the backyards is 384,100 square meters, and the completion rate has reached 50%.”

Aboud pointed out that “berths (12, 13, 14 and 15) are close to completion, with a completion rate of 97%, while the storage yard (BTM) is 100% complete, covering an area of 400,000 square metres, with a design capacity ranging between 700,000 and 850,000 containers annually.”

For his part, the technical assistant to the port director, Muhammad Tahir Fadhel, told the agency, “Beach (11) extends 375 meters in length, and the area of its container yard is 307,000 square meters, and its operational capacity reaches 636,000 containers annually, and it is managed by Gulftainer.”

He added that “the quays being implemented by Lorain extend 550 meters in length and have a design capacity of 850,000 containers annually,” noting that “the total capacity of the new yards is estimated at 1.2 million containers, with facilities allocated for refrigerated and empty containers and handling various goods.”

Earlier, the General Company for Iraqi Ports revealed to Shafaq News Agency its comprehensive plan for the port, which aims to increase the design capacity to 4 million containers annually, compared to just 1 million containers in 2024. This is part of a strategic vision to transform Iraqi ports into highly competitive regional supply centers.

Shafaq.com

TIDBIT FROM FNU LNU

Fnu Lnu

Article: "The Central Bank of Iraq (CBI) has announced the successful transition of external transfers from an electronic platform to direct operations by Iraqi banks through their international correspondent banks."

Finally, we have some movement that directly actually applies to the furtherance of a monetary revaluation.

This is the first real news in months now.

Could they be back on track?

Only time will tell. Remember that NO ONE has the date or rate.

Monday, July 7, 2025

EXCERPTS FROM MARKZ : BANKS SCREEN SHOWING IQD RATE OF $3.57@DINARREVALU...

THE FINANCIAL INCLUSION RATE IN IRAQ EXCEEDED 46%.

The Iraqi Private Banks Association noted the success of the basic requirements for implementing advanced standards in combating money laundering, based on the principle of knowing the customer and the sources of their funds.

In a press interview, Wadih Al-Handhal, head of the association, said, “The Central Bank of Iraq is moving forward in implementing compliance standards and enhancing financial inclusion in the banking sector. The Association of Banks also supports ongoing awareness-raising efforts on financial inclusion.”

He added, “The Middle East and North Africa Financial Action Task Force (MENAFATF) has transformed Iraq from a grey zone to a monitoring zone, which is true evidence that Iraq has made significant progress in enhancing financial inclusion and combating money laundering and terrorist financing.”

He explained, “The need for legal legislation still exists, and we must move forward in the field of human cadres training to keep pace with the rapid digital and technological transformation in the world.”

Regarding the financial inclusion rates achieved by Iraq, Al-Handhal pointed out that, “according to international standards, the current financial inclusion rate in Iraq has exceeded 46% compared to previous years, which is a very significant progress with which we seek to achieve a rate of 90-95% in cooperation with the Central Bank in the near future. The Arab Monetary Fund is also very satisfied with this rate and is monitoring the growth of the banking sector. It considers that Iraq is implementing financial inclusion through a sound mechanism that has contributed to Iraq’s progress in ranking ahead of other countries.”

JUDY NOTES

Global Currency Reset:

Sat. 5 July 2025 MarkZ: “Two bond people had exchange appointments on Tues. Some Historical Bonds have been paying out, but not nearly in the numbers we wanted to see.”
Sat. 5 July 2025 Wolverine: “Looks like everythingis ready to go for the Republic on Mon. 7 July. The Pentacostal Group has come out and their back date is Tues. 8 July.”


Thurs. 3 July 2025 Bruce: Sovereign multi-billion $ Bonds called Super Pachelli have been paying out. The Iraqi Dinar has revalued again and the new rate was on the back screen of the Forex trading. 17 currencies were shown on the front screen of Redemption Centers, rates fluctuating in value. Redemption Center Leaders had a meeting on the timing for Tier4b notification from 4-7pm Thurs. night 3 July. Two Sources over eight Redemption Centers each said that everything was poised to start by Mon. 7 July. Another source said the timeline was a Mon, Tues, Wed start for Tier4b. Tier4b (Us, the Internet Group) could be notified to set appointments by the weekend, but it may not be until next week Tues. or Wed. 9 July.