Dinar Recaps

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More News, Rumors and Opinions Sunday Afternoon 8-18-2024

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Clare:  Baghdad hosts regional technology summit

8/18/2024 Baghdad

 Baghdad witnessed the launch of the Huawei Middle East and Central Asia Business Tour, which brought together more than 200 of its partners and customers from various industries to explore new avenues for growth and win the future of digital transformation in Iraq. The event highlights the importance of developing a stronger partnership ecosystem in Iraq and stimulates in-depth discussion on how comprehensive ICT solutions can enable key sectors including education, healthcare, government, real estate, and finance.

In his opening remarks, Mr. Alex Zhang, Vice President of Enterprise Business at Huawei Middle East and Central Asia, emphasized the importance of digital transformation for Iraq, saying: “Digital transformation is not just a strategic imperative for Iraq, but a path to sustainable growth.

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By leveraging advanced technologies and building strong partnerships, we can overcome challenges and open up unprecedented horizons for progress in the fields of government, education, healthcare, real estate, and financial services. Huawei is committed to investing in Iraq’s ICT infrastructure and strengthening the partnership ecosystem to drive this transformation.”

Rafid Abbas Kheder, Member of the Sub-Board of Directors of the Commercial Environment, also delivered the keynote speech titled “In Iraq for Iraq”, where he emphasized: “Huawei has been operating in the Iraqi market for more than 20 years and is dedicated to becoming a major contributor to the national digital economy. With an open mindset and continuous collaboration strategy, Huawei will work hand in hand with all partners and customers to achieve shared growth and success and start a new chapter in a thriving digital economy in Iraq.”

Huawei experts presented a comprehensive range of sector-specific solutions, each designed to empower key sectors in Iraq:

- *Education: Building a dynamic learning environment through robust network infrastructure, secure data centers, and smart classroom solutions.

- *Healthcare: Improving patient care and operational efficiency through smart wards, advanced medical imaging technology, and reliable hospital network solutions.

- *Finance: Securing sensitive financial data through robust networks and advanced storage solutions, allowing financial institutions to operate efficiently and drive economic stability.

- *Government: Enhance government services and decision making through smart office systems, advanced campus networks, and lightweight data centers to improve operations.

- *Real Estate: Leveraging Huawei's smart property management technology, creating a sustainable and efficient environment that optimizes energy consumption and enhances tenant experiences.

 In the evening session, Jason Yang, Huawei’s Business Director for the Middle East and Central Asia, emphasized Iraq’s potential for digital growth, saying: “We see tremendous potential in the digitization of government and businesses in Iraq. Huawei’s commitment to strategic investment, strong partnerships, and partner-driven leadership approach puts the company at the forefront of driving this digital transformation.”

The event also introduced HUAWEI eKit, a platform designed for SMEs. This platform combines multiple functions including marketing, transactions, services, and partner operations, and offers a range of products that include networking products and collaboration tools specifically designed to meet the needs of SMEs.

Huawei’s trade show is a milestone in the digital transformation journey to provide an open and collaborative platform for the Iraqi market. The event was well received by attendees and reinforced Huawei’s role as a strategic partner in the region through its solutions.  LINK

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Clare: Al-Sudani: The government pays great attention to the electricity file

8/18/2024 Baghdad

Prime Minister Mohammed Shia Al-Sudani confirmed today, Sunday, that the government pays great attention to the electricity file.

The Prime Minister's Media Office stated in a statement received by "Al-Eqtisad News" that "Al-Sudani chaired a meeting of the electricity team concerned with the electrical energy file, in the presence of the Minister of Electricity."

The meeting witnessed "discussing the development of a new technical and economic vision to address the problem of the shortage in the provision of electrical energy in the short and long term, and developing rapid solutions that would contribute to providing electricity to citizens and other vital sectors," according to the statement.

The meeting also discussed "the mechanism adopted to provide fuel, and the financing mechanism in the new economic model for electricity production projects, which the government has planned as part of its new vision in this important sector."

During the meeting, the Prime Minister stressed that "the government pays great attention to the electric power file, as it is one of the foundations on which economic plans and infrastructure projects in all sectors depend, and to create a development renaissance in the country."    LINK

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Courtesy of Dinar Guru:  https://www.dinarguru.com/

Frank26   [Iraq boots-on-the-ground report]  FIREFLY:
Saleh...was talking about...raising the value of the currency.  He talked about it for 45 minutes.  FRANK:  These are the people we want to listen to.  They're the ones that Sudani is sending out to them...Everyday seems to be filled with monetary reform education to you Iraqi citizens.  Don't you love it because this is what is supposed to be happening right now.  They are preparing you for what they're going to give you, what they promised you.  You are so close to receiving everything that they were talking to you about...

Babysmom  WE SURELY ARE NOT IN THE SAME POSITION WE HAVE BEEN IN PAST YEARS...THIS IS DEFINITELY A DIFFERENT PLACE THAN WE HAVE EVER BEEN...OUR BEST IS YET TO COME!...

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This is what we investors looking for iqd # dinar

Nader:  8-18-2024

https://www.youtube.com/watch?v=NMLAv3JOC3I

Three Currencies to Watch and Why IQD TRY ARS

Edu Matrix:  8-18-2024

Three Currencies to Watch and Why IQD TRY ARS - Rates These countries are on the path to a high GDP which could easily result in a higher currency rate.

https://www.youtube.com/watch?v=fN2uFrxqQIo

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