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TNT
Tishwash:
Iraq officially joins the Singapore Trade Agreement
The United Nations mission, UNAMI, said on Friday that Iraq officially signed the Singapore Agreement on Mediation, which is an “important” step towards developing the resolution of trade disputes in Iraq.
The Singapore Mediation Convention is a standardized and effective framework for international settlement agreements resulting from mediation, which parties conclude to resolve a commercial dispute.
The Singapore Agreement will facilitate international trade by enabling disputing parties to easily enforce and recall settlement agreements across borders.
Companies will benefit from mediation as an additional option to litigation and arbitration in resolving cross-border disputes. link
CandyKisses:
Iraq is the fourth Arab with the highest growing economies in the world in 2025
Economy News – Baghdad
International Monetary Fund data predicted on Saturday that Iraq will rank fourth in the world’s fourth-highest growing Arab economies in 2025.
In a report followed by NRT Arabia, the IMF said that the global economy is likely to continue to grow at a rate of 3.2% in the years 2024 and 2025, and Saudi Arabia is expected to be among the Arab countries that are witnessing positive growth during that period.
With expectations of an increase in economic growth, the International Monetary Report reflects optimism about Arab and global economies in general, and that Saudi Arabia may be at the forefront of Arab countries in terms of economic growth in the coming years.
According to the IMF report, Saudi Arabia topped the Arab countries in terms of economic growth rate in 2025, with a growth of 6 percentage points, followed by Mauritania with an expected growth rate of 5.5 percentage points, followed by Sudan with an expected growth rate of 5.4 percentage points, and Iraq came fourth with an expected rise of 1.3 percentage points to reach a growth rate of 5.3 percentage points.
Egypt came fifth in terms of economic growth rate for 2025, with an expected growth of 4.4 percentage points, followed by the UAE with an expected growth of 4.2 percentage points, followed by Kuwait with an expected growth of 3.8 percentage points, Morocco with an expected growth of 3.3 percentage points, Bahrain came ninth with an expected growth of 3.2 percentage points, followed by Algeria with an expected growth rate of 3.1 percentage points.
In 11th place, Oman came with an expected growth of 3.1 percentage points, followed by Jordan with an expected growth of 3 percentage points, followed by Qatar with an expected growth rate of 2 points, and Tunisia in last place with an expected growth of 1.8 percentage points.
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Tishwash:
It’s at the end 1:28 ish- but this is the transcript of it …..the last question it’s at about 1:28 an hour and 28 minute mark
Iraq’s prime minister on building a stronger relationship with the United States (Atlantic Council) RV Question Answer
Question: is the government thinking of reevaluating the dinar and um readjusting the value of the dinar due to the current uh circumstances in the market or do you see it to stay the same
Answer: this policy actually is dictated by the central bank and uh the government abides by what the bank decides, right now I believe we are in the best status that we could be in and we have actually had an assessment which has given lot much trust higher trust at a higher level from different uh Global parties. so we started reforms when it comes to the banking sector and when we spoke about that before but this is going to actually raise the level of or the value of the Iraqi dinar and there is actually a policy that is a consistent policy that the central bank is using when it comes to Investments and how they invest the money for you know our own reserves here in Iraq of course there are so many different topics that we could speak about
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CandyKisses:
Fourth, Arab.. Iraq’s reserves of gold {137.7} tons
{Economic: Euphrates News} The former director of Dwan Financial Supervision, Salah Nouri, revealed today, Saturday, Iraq’s gold reserves.
Nouri {Euphrat News} said that: “The gold reserve of the Central Bank of Iraq is up to {137.7} tons and comes in fourth place in the Arab world according to the statistics of the World Gold Council based in London.”
He pointed out that “we do not have accurate information about the amount of gold reserves in the Central Bank of Iraq, in general, the Central Bank should diversify investments between US government bonds and investment in gold.”
On the most prominent things of the US magazine Forbes magazine about the reasons for the rise in gold prices globally, Nouri explained that “the high demand for gold by Chinese investors and your universe is to hedge against economic instability that affects investment in stocks and bonds.”
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“There are also concerns about lowers interest rates on investment in U.S. government bonds, which has led to investing in gold as a safe haven,” he added.
Nouri concluded by “the geopolitical reasons for the Russian-Ukrakranian war and the war on the people of Gaza by the Z*****t entity are all reasons that pushed the rise in gold prices globally.”
Gold prices rose on Friday due to risk absilitance in financial markets.
By 04:29 GMT, gold in spot transactions had risen 0.3% to $2386.05 an ounce after jumping briefly to $2417.59 earlier in the session, hoving near an all-time high of $2431.29 it recorded last Friday.
Tishwash:
Sudanese Advisor: The next meetings with the American side will be held in Baghdad
The Prime Minister’s Advisor for Transport Affairs, Nasser Al-Asadi, confirmed today, Saturday, the formation of joint committees to exchange dialogue points. He indicated that the upcoming meetings with the American side will be held in Baghdad .
Al-Asadi said in a statement to the official media, followed by “Mail,” that “the meetings held in Washington witnessed the activation of the framework agreement between Iraq and the United States, especially in the areas of education, transportation, health, human rights, the role of women, strategic relations between Iraq and the United States, and the relationship of American financing funds with the Central Bank.” Al-Iraqi, indicating that “the meetings were fruitful and we produced important results .”
He added: “Specialized committees have been formed between the United States and Iraq to exchange dialogue points,” pointing out that “the next meetings will be in Baghdad to begin implementing the mechanisms of the agreement concluded in the United States .”
Al-Asadi stated, “All meetings in the United States are successful due to the reaction of other parties and parties,” pointing out that “Iraq announced during the visit great investment opportunities for American companies, and plans were drawn up between Iraqi and American investors .”
He pointed out, “The Iraqi delegation that visited Washington included a team from the private sector, because the government encourages expansion with private sector companies, which will be easier to deal with companies and government instructions .”
Earlier today, Al-Sudani returned to Baghdad after a week-long visit to the United States, during which he held a series of important meetings, the most important of which was his meeting with US President J*******n . link
Source: Dinar Recaps
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