“Tidbits From TNT” Wednesday Morning 2-11-2026

TNT:

Tishwash:   of the “Asia Pay” e-wallet service in Baghdad

As part of the digital transformation, the electronic wallet service (Asia Pay) was launched today, Tuesday, in a number of Baghdad post offices.

A statement from the Ministry of Communications, followed by (Shafaqna Iraq), stated that “the Ministry of Communications, through the General Company for Post and Savings, launched the electronic wallet service “AsiaPay” at a number of postal locations in the capital.”

The service included the offices of (Baghdad, Al-Intisar, Aden, Al-Dubbat, Al-Jami’a, Palestine, Al-Mahmoudiya, Basmaya).

Ease and safety

“AsiaPay is a modern digital e-wallet that allows users to conduct various financial transactions easily and securely.”

He added that “the service is available to all Iraqi citizens after submitting the required documents, and non-Iraqis are required to submit a valid passport with an entry visa or a valid residence card.”

The wallet also offers a wide and diverse range of services, including free deposits without commission and withdrawals with a small commission, as well as the ability to pay government bills directly from the wallet.”

money transfer

He explained that “the service allows money transfers via MoneyGram to more than (200) countries around the world with reduced commissions, in addition to local transfers within Iraq from one wallet to another within “Asia Pay” without any commission, in addition to services for topping up phone and internet credit and purchasing various electronic cards, whether through the application or through authorized agents.”  link

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Tishwash:  Five years of waiting... Thousands of angry students take to the streets of Baghdad to demand employment.

 The capital, Baghdad, witnessed on Tuesday (February 10, 2026) massive demonstrations by students who have been waiting for appointments for five years, according to what one of the demonstrators told a reporter from "Baghdad Today".

Our correspondent explained that "the numbers are very large, close to a thousand demonstrators, as they gathered in the Alawi area and then headed towards Al-Salihiya, with the main streets closed during their march."

He added that "the protesters have now reached the front of the Iranian embassy and are on their way to the House of Representatives to demand their right to be appointed, as they say."  link

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Tishwash:  Iraq and Sweden discuss reactivating cooperation and holding joint economic forums.

he Undersecretary of the Ministry of Foreign Affairs for Bilateral Relations, Ambassador Mohammed Hussein Bahr Al-Uloom, discussed on Tuesday with the Chargé d'Affaires of the Swedish Embassy in Iraq, Jörgen Lindström, ways to enhance joint cooperation between the two countries.

A statement from the Ministry, received by “Dijlah News”, stated that during the meeting, bilateral cooperation relations between Iraq and the Kingdom of Sweden were reviewed, and prospects for developing them in a way that achieves common interests, in addition to discussing a number of political and economic issues of mutual interest.

For his part, Lindström affirmed his government's commitment to resuming the Swedish embassy's operations from Baghdad in the near future. He also indicated the Swedish government's intention to organize a business forum in Sweden after Ramadan, with a similar forum to be held in Iraq next summer, with the aim of strengthening economic cooperation and encouraging mutual investments between the two countries.  link

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Tishwash:  The Central Bank is preparing to launch a unified electronic payment system with the Kurdistan Region.

The Governor of the Central Bank of Iraq, Ali Al-Alaq, affirmed on Tuesday that developing the electronic payment system and digital transformation has become an urgent necessity to strengthen the Iraqi economy, expressing the bank’s readiness to cooperate and coordinate with the Kurdistan Regional Government to establish a unified and secure electronic payment system that includes all governorates of the country.

Al-Alaq said in a speech during the launch of the regional government's electronic services project that "this system will serve Iraq in general and the region in particular," noting that "excessive reliance on cash is no longer compatible with the requirements of the modern economy."

He added that “building a sophisticated financial system requires secure, fast, reliable and transparent electronic systems that contribute to enhancing confidence in the banking sector and supporting financial stability,” noting that “recent years have witnessed tangible developments in the field of electronic payment through the expansion of the use of bank cards.”

Al-Alaq explained that “financial integration is the cornerstone for developing this sector, through the adoption of new tools that are added to electronic payment systems,” stressing that “digital transformation represents an important launch and a qualitative step in the path of modernizing the financial and banking sectors and promoting the culture of electronic payment in Iraq.”

He continued, saying: “We affirm our full support for all services that contribute to the development of financial services throughout Iraq, including the Kurdistan Region, in the belief that developing the electronic payment system is not an option, but a necessity to strengthen the national economy.”

The Central Bank Governor pointed out that "electronic payment is an ongoing process that requires a strong infrastructure, in addition to raising public awareness of the importance of these transformations," stressing "the continued coordination with the regional government to establish a unified and secure system that serves citizens and institutions alike." link

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Mot:  poor ole ""Earl"" ~~~~

Mot: .. UH OOOOOH!!!! 

 

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Iraq Economic News and Points To Ponder Wednesday Morning 2-11-26

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