Tuesday, February 11, 2025

ARIEL : HERE IS THE IRAQI DINAR VENDOR THAT IS EXPECTING A RV SOON, 11 FEB

ARIEL
This is a Iraqi Dinar vendor who appears to be privy to the fact

that recent developments in Iraq are leading them to presume that the newsl exchange rate could come out at any moment.

So they are preparing to ship out orders or readjust pricing if it happens while in route. Interesting.
Quote
Dinar Exchange Australia
@dinarexchange
All current orders are being shipped out this weekend please expect emails early next week thanks in case there is high alert with RV we will hold the orders to be collected or delivered in person only
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WALKINGSTICK: I'll take a new exchange rate for the IQD that I have in my reserves and deaL!!#iqd

 


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Rashid affirms Iraq's keenness to develop relations with Kuwait, 11 FEB

 Rashid affirms Iraq's keenness to develop relations with Kuwait

    Baghdad-INA 

    The President of the Republic, Abdul Latif Jamal Rashid, affirmed today, Monday, Iraq's keenness to develop relations with Kuwait.
     
    The media office of the President of the Republic stated, in a statement received by the Iraqi News Agency (INA), that "the President of the Republic, Abdul Latif Jamal Rashid, received in Baghdad, the Ambassador of the State of Kuwait to Iraq, Hassan Muhammad Al-Zaman, and during the meeting, ways to enhance bilateral relations between the two brotherly countries were discussed."
     
    The President of the Republic affirmed "Iraq's keenness to develop these relations and expand areas of economic cooperation," referring to "the investment opportunities available in Iraq."
     
    He pointed out "the need to exert more international efforts to enhance security and stability at the regional and international levels."
     
    In turn, the Ambassador confirmed "the depth of historical relations between the two countries," noting "the State of Kuwait's endeavor to expand areas of bilateral cooperation in various fields."

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ABU SNWE: In the coming days, we will witness the announcement of the fully bankruptcy of the Iranian economy!, 11 FEB

 ABU SNWE

In the coming days, we will witness the announcement of the fully bankruptcy of the Iranian economy.

 Please do not trust any bank inside Iran for deposits.

Banks and exchange offices are still closed.

وفي الايام القادمة سنشهد اعلان افلاس الاقتصاد الايراني بالكامل الرجاء عدم الثقة باي بنك داخل ايران للودائع

لا تزال البنوك ومكاتب الصرافة مغلقة.

10:41 AM 2/9/25 


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CRYPTO TRADER: it would be prudent for such a huge investment deal to be signed post the revaluation

 


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Oil Ministry announces a cooperative plan to develop Kirkuk fields with British Petroleum, 11 FEB

 Oil Ministry announces a cooperative plan to develop Kirkuk fields with British Petroleum

    INA-  Baghdad

    The Ministry of Oil revealed, on Monday, a joint program with British Petroleum to develop Kirkuk oil fields, indicating that the current gas production amounts to about 3,200 million standard cubic feet per day.
     
    The Undersecretary of the Ministry, Ali Maaraj, told the Iraqi News Agency (INA): "The ministry continues to implement its strategy aimed at developing oil fields, processing gas, and achieving self-sufficiency in petroleum derivatives by modernizing and establishing modern refineries."
     
    He added, "There is a joint program with British Petroleum to develop and invest in oil fields in Kirkuk Governorate, as technical and contractual talks are currently underway to conclude a memorandum of understanding between the North Oil Company affiliated with the ministry and the British company."
     
    He explained that "the profit-sharing contract is currently the most appropriate, as it achieves profits for both parties, and British Petroleum is moving in this direction," expressing his hope "to reach a final technical and contractual agreement soon."
     
    Regarding gas production, he noted that "current production is about 3,200 million standard cubic feet per day, 60-65% of which is invested, while the remaining amount is burned." 
     
    He pointed out that "it is planned to reach zero burning within five years, through the implementation of strategic projects to invest in associated gas," stressing that "these projects will continue in parallel with development, exploration and production operations to ensure maximum benefit from gas resources."

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TIDBIT FROM SANDY INGRAM, 11 FEB

 Sandy Ingram    

 For Iraq, non-oil revenues which include taxes, customs and earnings from sectors outside hydrocarbons, rose to nearly 12% of total revenues in the first 9 months of 2024 up from about 7% before the approval of Iraq's landmark 3-year budget in 2023...

The rise in non-oil revenues is attributed to increased import customs, expanded taxes and contributions from the housing, transport and construction sectors.

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