Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

The Gulf states will not accept Iraq unless they raise the standard of living of their citizens


yota691
 Share

Recommended Posts

 
 

Baghdad, May 2 (Petra) - Iraq and Saudi Arabia agreed to boost bilateral cooperation at various levels, days after the Iraqi-Bahraini crisis. 
In a statement issued Thursday, the foreign ministry said Foreign Minister Mohammed Ali al-Hakim had telephoned Saudi Minister of State for Foreign Affairs Adil al-Jubeir on the necessity of matching the visions between the two countries and achieving the success of coordination in the economic and trade aspects. Al-Hakim said that the discussion with Minister Al-Jubeir dealt with aspects of cooperation between the two countries and in the interests of the two brotherly peoples. 
- Petra (Petra), 
02/05/2019

  • Thanks 2
  • Upvote 2
Link to comment
Share on other sites

 Tehran watched Abdul Mahdi’s visit to Riyadh with caution, in light of the serious intentions shown by the Saudis in support of Iraq. It should be noted that the relationship between Iraq and Iran is a relationship based on the unilateral interest, where Tehran deliberately exploited Iraq to circumvent the US sanctions, Iraq is now viewed as a rare ally, which can contribute to easing the pressure of US sanctions by facilitating access to hard currency, opening up its markets to its goods and relying on it to buy its gas and electricity to meet its energy shortages.

 

Go iraq

Go Saudi Arabia 

Go support 

Go trade

Go investment 

Go RV

Go $1:1

  • Thanks 3
  • Upvote 8
Link to comment
Share on other sites

 


Muscat, 27 Shaban 1440H (corresponding to May 02, 2019) 
The Committee of the Heads of the Financial Markets Authorities of the Gulf Cooperation Council (GCC) States, which is the result of the Ministerial Committee for Financial Markets in the GCC States, held its 18th meeting in the Sultanate of Oman. 
The meeting was chaired by the Executive Chairman of the Capital Market Authority of the Sultanate of Oman, Abdullah bin Salem Al-Salmi, in the presence of the heads of the financial markets of the GCC States and the participation of the Assistant Secretary General for Economic and Development Affairs Khalifa bin Said Al-Abri.
At the beginning of the meeting, Abdullah bin Salem Al-Salmi gave a speech in which he reviewed the progress of the GCC work and its achievements in terms of developing cooperation in order to achieve greater coordination in the GCC countries in all fields and to meet the aspirations of the peoples of the region. The Gulf citizen looks forward to building upon his hopes for a sustainable and dignified life. 
The Chairman of the meeting referred to the role played by the committee of heads of financial market bodies in the GCC countries by dealing with various aspects that maximize the possibilities available to the GCC countries to employ capital markets to promote economic growth and diversify the sources of income to build an integrated, diversified and sustainable Gulf economy.
The Assistant Secretary General for Economic and Development Affairs Khalifa bin Saeed Al-Abri also delivered a speech in which he stressed that the Committee of the heads of the bodies of the Gulf financial markets is making great efforts to contribute to the convergence and economic integration in the field of financial markets in the GCC countries and that the progress made in the field of financial markets confirms This is evidenced by the increase in the number of companies listed in the financial markets and companies whose shares are allowed to be traded to citizens of the GCC countries, noting that the agenda of the meeting includes many important topics which are expected to have an effective contribution to the integration of financial markets. For the Gulf Cooperation Council.
The meeting discussed a number of important topics, the most important of which are the initiatives and priorities that must be worked out in the coming period to facilitate procedures and serve the citizens of the GCC countries and achieve integration between the GCC financial markets, as well as developments and developments concerning the memorandum of understanding between the regulators of the GCC financial markets. Committee of heads of financial market authorities in the GCC countries and heads of markets (exchanges) in the GCC States. 
The meeting also discussed the recommendations of the working group responsible for training the regulators of the GCC financial markets and the results of the preparation of the third workshop to control circulation. The meeting also discussed some of the working papers submitted by the member countries and took the necessary recommendations. 
// // ended 
21:29 ITM 
0280

 
 
 
 
 
 
  • Thanks 1
  • Upvote 4
Link to comment
Share on other sites

  • 3 months later...

The Gulf states will not accept Iraq unless they raise the standard of living of their citizens

 Wednesday, 07 August 2019
 
%D8%B9%D8%A8%D8%AF-%D8%A7%D9%84%D9%85%D9%87%D8%AF%D9%8A-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D9%84%D9%83-%D8%B3%D9%84%D9%85%D8%A7%D8%A7%D9%86.jpg
 

logo-Lamsat.png

 

Baghdad - Writings

Between the refusal of the Gulf states to join Iraq in the Gulf Cooperation Council and the imposition of Iran's will on Baghdad not to join news reports monitored the reality of the relationship between Baghdad and the Gulf States and the validity of Tehran's influence on them.

Iraqi media quoted the leader of the decision-making coalition, Atheel al-Nujaifi, as saying that it was the Gulf countries that refused to join Iraq in the Gulf Cooperation Council under the best relations between Baghdad and the six Gulf states "Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain and Oman" in the eighties of the last century.

Nujaifi that the Gulf states felt that the standard of living in Iraq does not rise to the standard of living have not therefore open their doors to Iraqis fully, as well as that the level of mutual trust between Iraq and the Gulf countries is not the same available among them.

The leader of the decision-making coalition said that Iraq must improve the quality of life of its citizens and provide good education and good job opportunities if it is to integrate with the Gulf states.

According to media reports, citing what she described as an Iraqi diplomatic source, Iran's imposition of its authority and exerting its influence on Iraq so as not to merge with the Gulf Cooperation Council states is incorrect.

The statements came in response to what the Secretariat General of the Council of Ministers said on the progress made to unify the visions for the implementation of the terms of the memorandum of understanding between Iraq and the GCC.

https://kitabat.com/news/دول-الخليج-لن-تقبل-العراق-بينها-إلا-إذا/

  • Like 4
  • Thanks 2
  • Upvote 6
Link to comment
Share on other sites

  • yota691 changed the title to The Gulf states will not accept Iraq unless they raise the standard of living of their citizens

butifldrm Thanks,  DV, Sounds good to me raise the standard of living of Iraqi citizens by increasing the purchasing power of the IQD.  The GCC have spoken so let it be told & let it be written down in the history books on this day 7 Aug 2019 Iraq was put on notice to git er done or never join the elite GCC Club....😁😁😊👍👍

 

GO RV / RI

  • Like 2
  • Thanks 1
  • Haha 1
  • Upvote 10
Link to comment
Share on other sites

On 5/2/2019 at 6:38 PM, Laid Back said:

 Tehran watched Abdul Mahdi’s visit to Riyadh with caution, in light of the serious intentions shown by the Saudis in support system">support of Iraq. It should be noted that the relationship between Iraq and Iran is a relationship based on the unilateral interest, where Tehran deliberately exploited Iraq to circumvent the US sanctions, Iraq is now viewed as a rare ally, which can contribute to easing the pressure of US sanctions by facilitating access to hard currency, opening up its markets to its goods and relying on it to buy its gas and electricity to meet its energy shortages.

 

Go iraq

Go Saudi Arabia 

Go support system">support 

Go trade

Go investment 

Go RV

Go $1:1

Laid Back, you are a wise man! I really enjoy reading your responses to the articles posted. Thank you for your open mind and keeping things in perspective. 👍

Edited by Sk 1962
  • Like 2
  • Thanks 1
  • Upvote 2
Link to comment
Share on other sites

Saudi companies confirm their willingness to invest in Iraq

Political 08:46 - 07/08/2019

 

17782019_d373ffa5-68c1-4f7c-b38b-70a9b9b9cd51.thumb.jpg.ed82d76c7e5d537342b59549e0be8199.jpg

https://www.mawazin.net/Details.aspx?jimare=59297

Baghdad - Mawazine News
Saudi companies are ready to invest in Iraq, the Ministry of Planning said on Wednesday.
"The Minister of Planning, Nuri Sabah Al-Dulaimi, received today a delegation from the Saudi Arabian General Investment Authority (SAGIA) headed by Abdullah bin Mohammed Al-Otaibi, executive director to support and follow-up investments in the authority," the ministry said in a statement. Cooperation and investment to serve the interests of both countries. "
The Minister of Planning and the laws and legislation issued by the Iraqi Council of Ministers to provide a suitable environment for investment; through the acquisition of land and provide the necessary support to improve the investment environment and create a suitable environment for Arab and foreign investors and the private sector.
Al-Dulaimi pointed out to the "investment opportunities available in Iraq through which can invest Iraqi energies and provide more job opportunities for holders of degrees throughout Iraq, stressing thus providing all possible facilities to achieve the common benefits of the two brotherly countries."
For his part, the Executive Director to support and follow-up Saudi investments Abdullah Al-Otaibi on the "importance of strengthening cooperation in various fields between the two sides, stressing the readiness of Saudi companies to invest in Iraq."

  • Upvote 9
Link to comment
Share on other sites

7 hours ago, ladyGrace'sDaddy said:

WELL NOW, if that ain't a clear message. Average out all GCC currencies and Whalah, $1.56 :pirateship::bagofmoney:

:bravo::bravo::bravo::bravo:

.                           :praying:

 I have always said anything above .10cents would do for a kick of for me LGD but at the moment I’m just wondering what part of the message doesn’t Iraq understand ...  🙏

 

  • Like 3
  • Thanks 2
  • Upvote 1
Link to comment
Share on other sites

11 hours ago, Laid Back said:

Thanks for your input my friend,

 

“Gulf states felt that the standard of living in Iraq does not rise to the standard of living have not therefore open their doors to Iraqis fully, as well as that the level of mutual trust between Iraq and the Gulf countries is not the same available among them.”

 

The political, cultural and economic implications of Iraq joining the GCC are very important. 

 

Now the GCC is telling iraq to rise the standards of living if the want to be part of it.

 

How do you rise the standards of living ?

 

In other words the GCC is giving a clear message to iraq.

Move to an open market economy and give real market value to the dinar to join us.

 

Saudi Arabia $0.27

kuwait $3.29

Oman $2.60

Qatar $0.27

Bahrain $2,65

United Arab Emirates $0.27

Iraq?

 

Go RV

Go asap

 

The message can’t be clearer, well said brother 👍 One of the richest nations in resources, but, a currency worth nothing???? 

Nope, that won’t cut it. I believe we are getting closer and an opportunity to raise the value of the IQD is perhaps upon us 🙏

  • Thanks 2
  • Upvote 5
Link to comment
Share on other sites

14 hours ago, Laid Back said:

Thanks for your input my friend,

 

“Gulf states felt that the standard of living in Iraq does not rise to the standard of living have not therefore open their doors to Iraqis fully, as well as that the level of mutual trust between Iraq and the Gulf countries is not the same available among them.”

 

The political, cultural and economic implications of Iraq joining the GCC are very important. 

 

Now the GCC is telling iraq to rise the standards of living if the want to be part of it.

 

How do you rise the standards of living ?

 

In other words the GCC is giving a clear message to iraq.

Move to an open market economy and give real market value to the dinar to join us.

 

Saudi Arabia $0.27

kuwait $3.29

Oman $2.60

Qatar $0.27

Bahrain $2,65

United Arab Emirates $0.27

Iraq?

 

Go RV

Go asap

 

The commander of the base I was at in 2005 said when they revalue they will come out at $0.27. I would love for him to be correct.  But sorry to be a negative nelli but I have been in this since 2005 and I have lost faith in this ever happening.  I will still follow it since I have been wrong a lot so maybe this will be one of those times.  

Link to comment
Share on other sites

21 hours ago, keylime said:

Raise the Dinar. Raise the standard of living!

 

21 hours ago, DinarDavo said:

 

Even their 'bros' are telling them it's time to step up to the plate!   :goodnews:

 

21 hours ago, tigergorzow said:

butifldrm Thanks,  DV, Sounds good to me raise the standard of living of Iraqi citizens by increasing the purchasing power of the IQD.  The GCC have spoken so let it be told & let it be written down in the history books on this day 7 Aug 2019 Iraq was put on notice to git er done or never join the elite GCC Club....😁😁😊👍👍

 

GO RV / RI

 

21 hours ago, GregHi said:

Looks like they are getting pressure from everyone!!!

 

Just do it!!

You guys are really nailing it. At some point this has to break in our favor.  :twothumbs:

  • Thanks 1
  • Upvote 7
Link to comment
Share on other sites

Iraqi economy is sick .. Learn how to keep your savings from erosion!

 

67669040_516953982180522_3679944184124407808_n.jpg

Special: Translation - Aya Hussein Ali:

 

 

Iraq has been suffering for years from the inflation crisis, from the Kuwait War, until the Iraqi dinar reached its lowest level today, for every 1200 Iraqi dinars to about one dollar.

In addition to the costs of war and paralysis of administrations, during the years of the crisis, the authorities issued more money, which led to a huge inflation, a debt-ridden economy that will swallow 15% of this year's budget, while the budget has a deficit of 23 billion.

The data, "the Iraqi Ministry of Planning," for the month of July, the rise in monthly inflation rates by up to (0.4%), as the Iraqi economy remains at (B-); according to the index agency (Fitch) credit rating, a degree of risk with Expect a stable future given the rise in oil revenues, which account for 95% of income.

1434472740413118500-e1565186240454.jpg

The seriousness of inflation on savings ..

Many people are afraid of the vagaries of time and changing circumstances, so they resort to saving overflows in the form of money, but this leads to a decline in the value of savings, sometimes up to half or more over time, as the intensification of inflation and global economic crises This leads to a decline in the value of official currencies in developing countries in particular.

The proof is that if you save an amount for a certain period and then need it, you will notice that its purchasing value varies greatly.

That's because inflation means that $ 100 today gives you the ability to buy half of what you were buying days or months ago.

Although economists disagree on what is meant by "inflation", what is agreed upon is that it means a continuous rise in prices at a rapid pace that the currency cannot keep up with, leading to a decline in its purchasing power.

Alternatives to savings ..

According to World Bank data for 2018, the savings rate in Iraq has reached 20% of GDP, which is good although it represents a slight decrease from 2017.

Offers you (writings); alternatives to savings that enable you to keep your money from erosion:

Never save your money in cash because you risk losing it, especially if you intend to keep it for a long time in an unstable economy.

Never save your money in bank deposits, whatever offers are offered, because they do not preserve the value of the currency.

Save your money in the form of precious metals, such as "gold," because it keeps the value of money and always price increases, as well as the possibility of using it for decoration.

If the amount you want to save is large, you can invest it in buying or building real estate, and although many experts favor real estate as a way to preserve the value of the currency, but this solution is a serious drawback as it makes it difficult to liquidate funds, especially in a recession Plagued by many countries.

You can turn to foreign currencies, the most famous "dollar" and "euro"; because they have more resilience and maintain stability, turn your savings from the currency of your country to the "dollar", and you will not need to keep your money inside the house as it is possible to open Dollar bank accounts.

https://kitabat.com/news/الاقتصاد-العراقي-مريض-تعلم-كيف-تحافظ/

  • Thanks 1
  • Upvote 3
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.