TNT:

4Abba:  Chase bank story

Went to my private banker with $500M bolivar.

He investigated the exchange amount and it was $ .3531 which was $17.5M.  He checked the banned  list to see if it could be exchanged.   It was not on that list.  

Then he checked the second list to see if the bank had a restriction and  it was  restricted.  

I told him hopefully it will not be restricted next week. He put it on his watch list and as soon as the restrictions were lifted, he would call me.

CandyKisses:  Astronomical research: the first of the month of Muharram and the beginning of the new Hijri year next Wednesday

Baghdad - NAS  

Dr. Gad Al-Qadi, President of the National Institute for Astronomical and Geophysical Research, and President of the Arab Association for Astronomy and Space Sciences, revealed that according to astronomical calculations carried out by the Solar Research Laboratory at the Institute, the crescent of the month of Muharram immediately after the conjunction occurred at 8:33 pm local Cairo time tomorrow, Monday, 29 Dhu al-Hijjah 1444 AH corresponding to 17/7/2023 AD (Vision Day).     

It is noted that the new moon will not yet have been born at sunset on the day of visibility in the city of Cairo as well as in the vast majority of Arab and Islamic capitals and cities.   

It is noted that there is a period of time for the crescent to stay above the horizon after sunset on that day (the day of visibility) in some Arab and Islamic countries, although the conjunction occurs after sunset on that day, as the crescent sets after sunset on that day, and this period of stay is not considered because the conjunction occurs after sunset on that day.  

Thus, Tuesday, July 18, 2023 AD will be the completion of the month of Dhu al-Hijjah 1444 AH, and the first of the month of Muharram 1445 AH and the beginning of the new Hijri year will be astronomically next Wednesday, July 19, 2023 AD.  

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Tishwash:  Deputy: America is the first source of threat to Iraq with its disgraceful interventions

On Sunday, the representative of the Al-Sadiqun Parliamentary Bloc, Ali Turki Al-Jamali, called on the legislative and executive authorities to take a serious stance against the American side for its disgraceful threats to Iraq's sovereignty.

Al-Jamali said in an interview with Al-Maalouma agency, "The blatant American interference has begun to negatively affect the citizen," noting that "America continues its interference in the internal affairs of Iraq in various security and economic fields."

He added, "The American interference is still present, and the government and parliament must realize that," stressing "the need to respond categorically to the American interventions under the pretext of protecting Iraqi funds."

He pointed out that "America used the dollar as a weapon in its hand against Iraq and its people, and today it is trying to use the electricity file to stir up the Iraqi street."

A member of the Al-Fateh Alliance, Uday Abdul-Hadi, had accused America of pressure to thwart the oil agreement with Iran in exchange for gas. link

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Tishwash:  The Central Bank reveals Iraq's cash reserves of hard currency

The Central Bank announced an increase in cash reserves of hard currency to 113 billion dollars, confirming the serious trend towards strengthening the electronic payment project, at a time when the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, believes that Iraq is witnessing transformations and developments in the financial sector and banking services.  

Yesterday, Saturday, the activities of the sixth annual exhibition and conference for finance and banking services kicked off, with the wide participation of public and private banks, and was attended by Al-Sabah. Representative Muhammad Nuri delivered the speech of the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, during the conference, in which he stated that

“The Sixth Conference on Finance and Banking Services in Iraq is a prominent event that brings together academic, banking and specialists minds, and comes at an important time when the country is witnessing transformations and developments in the financial sector and services.” banking and contribute to sustainable development.  

Al-Mandalawi added, "Financial and banking services play an important role in the Iraqi economy, and we realize the importance of sectors in supporting the economy," pointing out that "providing financing and credit for small and medium-sized companies and large projects contributes to the development of the business sector and the creation of new opportunities, which enhances economic growth and reduces Unemployment, in addition to the fact that the banking sector plays an important role in improving the lives of citizens and providing banking services that are widely spread.  

And he continued, "We have to focus on important issues that you provide, from providing financial and banking services to enhancing financial stability and combating corruption by enhancing transparency and improving the financial and banking system."  

He pointed out that "the conference is an important opportunity to promote the development of banking and financial services, and we in the legislative authority are working to strengthen the banking and financial infrastructure and develop modern and innovative means to serve citizens."  

The Director of Al-Rashid Bank, Muhammad Samir, also delivered the speech of the Minister of Finance, Taif Sami, in which he stated that “convening the conference is important, as it provided an opportunity to announce our steps in the Ministry of Finance to support the government program through a well-studied approach that pushes the wheel of economic advancement and provides opportunities for sustainable development, which will be reflected in To provide the best services to citizens through the banking sector, as it is one of the pillars supporting any stable and vital economy, and plays a pivotal and major role in supporting the economic industrial renaissance process by providing absolute support to the productive sectors of the owners of small and medium local projects.  

For his part, the Deputy Governor of the Central Bank of Iraq, Ammar Khalaf, said that the bank's hard currency reserves rose to $113 billion, describing it as a positive and reassuring matter.  

During the conference, he said: "We focused on the importance of moving towards electronic payment, and we saw today that electronic payment tools were owned by the public and private sectors, and this is very important," pointing out that "the number of electronic cards increased from 6 to 16 million cards, while electronic wallets have touched 3 million wallets, and the Central Bank is serious about possessing the appropriate monetary policy tools.   

Chairman of the Securities Commission, Faisal Al-Haimus, confirmed that the conference is an opportunity to discuss the financial reality in the country while reviewing the Commission's development plan for the next three years, as work is underway to create an ideal investment environment and to adopt electronic systems in line with the goals of financial inclusion.  

In turn, the director of the Iraq Gate Company organizing the exhibition, Ahmed Al-Jader, explained that the exhibition comes to keep pace with global developments in the financial sector, and to expand the dissemination of the culture of financial inclusion.  

He said: "During the past period, we have seen the seriousness and great desire of the banking system in all its aspects, including banks and companies specialized in the financial sector, to participate in this conference to discuss banking affairs closely, and to discuss mechanisms for advancing the reality of electronic payment and a serious shift towards the cashless stage, which represents the government's goal for the next stage." ".  

Financial expert Hassan Ali Abd said: "The money houses represent the starting point for achieving economic development, and in Iraq we have money houses that need to be developed more than they are now, as it is necessary today to reactivate the central initiatives after they stopped, as well as opening bank branches in all regions." The country so that everyone can obtain credit, which is part of the financial inclusion that provides financial services to the largest number of citizens.  

The representative of the Global Smart Card Company, Ghazi Al-Kinani, stressed "the need for us to work to attract electronic payment technologies that carry advantages that help achieve a benefit for the citizen to be fully convinced of the shift towards electronic transactions," as we realize that the citizen has begun to interact with electronic payment products, and this facilitates the Duties of those in charge of the banking system.  link

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