#Dinar Currency

[collectiblecurrencies]

Quater-Million Iraq Dinar Currency For Sale Online (US Seller)

Louisiana, USA-based Iraqi Dinar retailer Egan Store, has the largest selection of current IQD items in-stock of any seller I’ve found, their prices are competitive, most shipping is free, and what isn’t is 1/3 of what they’re paying for it. Mom and pop operation that really paved the way for most dinar sellers you’ll find today. Egan Store is still the best though.

If the Dinar Floats at $0.25, here’s what would happen…

Most of you would have less than two weeks to protect yourself from taxes. Ms. Sandy teaches you how to keep as much of your IQD (Iraqi dinar… Iraq’s currency) profits as possible.

Out of all of the dinar experts, she’s probably my favorite besides Entheos.

You won’t have to worry about taxes if you don’t own any dinars, although that and really every other I’ve heard all seem like profoundly weak excuses to me.

[dinaritexch]

Iraqi Dinar Investment – Fact or Fiction?

Introduction

The idea of investing in the Iraqi Dinar has become an interesting fact for many investors for years. A big attraction has been the massive ROI due to the popular belief that once the insurgency subsides and Iraq stabilizes, the RV will soar. But when one looks closer at what it takes to invest in the Iraqi Dinar, the truth may not necessarily be as popular a story. The intention of this article is to turn the light on the myth about Iraqi Dinar investments and explain to you everything you need to know to understand the benefits and the threats of investing in it.

While some shall proclaim that the Dinar opens the way to making huge profits, others are debating  that the sort of investments they speak of is too risky. Consequently, is it a fact or an invention of fiction? Let’s explore.

What is the Iraqi Dinar?

History and Background of the Iraqi Dinar

The existence of the Iraqi Dinar began in 1932 with the formation of the Kingdom of Iraq. : First linked to the British Pound, it was used in different ways for several decades. During the period of Saddam Hussein in 1980 and 1990, as well as in the period beyond the Gulf War 1990-91 and the Iraq War in 2003, the Dinar registered a monumental fall. After that, Iraq suffered from periods of economic slump, skyrocketing inflation, and political unrest, and all of these factors affected the performance of the Dinar.

Dinars has always been closely associated with the oil sector, as Iraq is one of the world’s biggest oil producers. The fact that the country’s economy heavily depends on the revenue earned through the exportation of oil is the primary reason that the value of its currency relative to other currencies used in the global economy can be easily set. Nevertheless, the Dinar, which has been in circulation for a long time now, still has a low purchasing power compared with other world currencies, largely due to the instability of the political and economic system in Iraq.

The Role of the Dinar in Iraq’s Economy

The Iraqi Dinar is not solely a currency; it occupies an important category in terms of the functioning of the economy of Iraq. Since Iraq has tremendously relied on oil revenues, the Dinar tends to vary with the change in global oil prices. In the same sense, when oil prices are high, the Dinar simply appreciates slightly as Iraq earns more foreign exchanges. On the other hand, whenever there is a dip in the oil prices, it is all lost for the Dinar, which goes a long way in revealing the fact that the country’s fiscal policy, if there is one, is highly erratic with the overall economy.

Nonetheless, it is imperative to note that the political situation in Iraq also plays the most crucial role in determining the value of the Dinar because exports of oil also form the most crucial portion of this country’s revenues. Civil unrest, navigating through political leaders’ power struggles with other nations and within the country, leads to a fluctuating investment atmosphere in a foreign country, as well as exchange rates. It is also sensitive to these external factors, which leads to increased risk; hence, many people avoid investing in the Iraqi currency.

The Appeal of Iraqi Dinar Investment

Promises of High Returns: Fact or Fiction?

To encourage investors, particularly those engaging in oil-for-food, Iraq has been floated on the debacle of an RV – revaluation that is certain to happen in Iraq. The reasoning is that as soon as the Iraqi government becomes more stable, you can sell your Dinar for much more than you bought it for. Equity markets have compared this to other emerging market currencies, where a particular economy has a rally that triggers a hike in the value of the issued currency.

But even so, this promise of high returns stays within the sphere of anticipation and, more often than not, unfounded. While some people have cashed in on investing in Dinars at the right time, many more lose their money, unlike those who have made large gains. Iraq has not explained any probable time for revaluation, and there are no practical measures on the process that can enable such a huge alteration in the currency. Consequently, we need to dismiss the high-return slogans that are standard in the Dinar investment circles as a mere myth.

The Speculative Nature of Dinar Investment

The Iraqi Dinar is considered a very high-risk investment. The currency market is very sensitive and unpredictable; the Iraqi Dinar does not remain an exception to this. Unlike more developed currencies such as the US Dollar or the Euro, the Dinar suffers sudden and sometimes unpredictable fluctuation in its value. People buy the Dinar in the belief that the country is improving its economy with the view to making the money more valuable. However, the exact time when such an appreciation may occur has not been well defined.

Also, the Dinar is not well known in foreign circulation, which makes it non standard and difficult to change. Due to this, an investor may feel helpless in coping with other investors for the Dinar at preferred rates, most so when the market sentiment turns sour.

Iraq’s Economy and Currency Situation

Current Economic Landscape in Iraq

The result of the above analysis means that Iraq is in an insecure economic state with a mixture of political and economical uncertainties. The Iraqi economy remains reeling from the prospect of such a large portion of the economy being managed with a somewhat delicate organizational overlay. Surprisingly, Iraq has one of the largest known oil reserves in the world, but depending on oil revenues has turned out to be a blessing in-disguise.

These saw the economy heavily reliant on oil export and this makes the country’s economy very sensitive to change in prices on global markets. Further, the political instability and war in Iraq have caught many challenges in the redevelopment of the infrastructure. There has been minor economic growth noted and a high unemployment rate especially among the youths. 

Factors Affecting the Value of the Dinar

However, there are some factors that really have a lot to do with the worth of this Iraqi currency known as the Iraqi Dinar. These include:

Global Oil Prices: Because Iraq is regarded as the world’s fourth largest producer of oil, changes in price of oil in the international market have dire consequences on its economy and its local currency. Any depreciation in the price of oil as a global commodity is dangerous for the Dinar because over 95% of the Iraqi revenue comes from the sales of oil.

Political Stability: It is very volatile and has witnessed lots of changes in leadership to the detriment of its people by the central government, regional governments, and militias. Failure to contain the political instability prevents investors from investing, and this is reported to affect the Dinar.

Inflation and Monetary Policy: Iraq has in the recent past dealt with high levels of inflation and an even deeper depreciation of the Dinar. The Central Bank of Iraq has introduced measures to sedate the situation, however, these performances are not enough to mend inflation and to handle economical instability.

International Relations and Foreign Investment: The value of the Dinar differs from Iraq’s relations with other countries and their willingness to invest in the country. Damaging economic reforms, a ban on the export of essential commodities, and political instability compel investors to shut their investments, thereby reducing the value of its currency, the Dinar.

Risk Factors in Investing in Iraqi Dinar

Currency Fluctuations and Volatility

There are many risks associated with buying the Iraqi Dinar, including fluctuations in foreign exchange. The fluctuation of the value of the Dinar is also dramatic and fluctuating since Iraq’s political and economic situation is unstable. This makes it practically impossible for investors to time when they are likely to get their profits or when they are likely to face their losses. People who use their money to invest in the Dinar are simply using what experts consider ‘the shot in the dark saying that the country will survive and that the currency will rise.’ Such volatility can be quite nervy for any investor who is in search of consistent returns.

Political Instability and Its Impact on Currency Value

Fluctuation in the political situation, particularly in the long run, affects the value of the Dinar comprehensively. Iraq has been facing political instability as well as social unrest for a number of years and the current political climate of the country remains volatile. The political authorities’ corruption, sectarianism and power struggle among political elites sustain the conflict which does not let Iraq make radical changes or attract foreign investments.

A high level of political instability forces international investors to avoid using the Dinar and as such the value of the currency low. Such a condition is topped up by the government’s failure to guarantee political stability and security to boost the business environment.

Legal and Regulatory Concerns

It also offers the legal and regulatory risks when participating in the Iraqi Dinar investment. In the government’s instance, the Central Bank also controls the circulation of dinars, primarily in the matter of overseas swapping. However, there are legal provisions in some countries allowing the purchase and sale of the Iraqi Dinar, and such laws make it a very sensitive and prohibited investment for the global investors.

What Experts Say About Dinar Investment

Financial Experts’ Views on Dinar Investment

Many financial specialists are very careful with their advice concerning the investment in the Iraqi Dinar. Critics, however, argue that there is much speculation in the process, the relative instability in the Iraqi economy and basically the inability to chart a course towards a revaluation of the currency. As for such risks, most professional financial consultants advise to turn attention to more reliable and constant investment options including the shares, bonds or even the more reliable foreign currencies.

Warnings from Global Economists

While there have been many alerts from Global economists discouraging investments in Dinar. They do accept that Iraq has an ample amount of oil and has the possibility to get on its feet; however, they stress that the central to the value of the Dinar is the political and/or economic instability in Iraq. Some of the economic references also explain that most of the facts provided by the people selling Dinar investments tend to be misleading and full of speculation.

The Scams and Misconceptions Around Dinar Investment

Common Myths About Iraqi Dinar Investment

There are several myths that have made people believe that investing in Dinar will be very profitable. In my view, one of the most pervasive myths is that people believe that Iraq is practically on the edge of making a monumental revaluation of the Dinar. Most of the Dinar investment promoters have relied on this myth suggesting that the currency will revaluate shortly, and investors will make very large gains that they have promised.

The other myth is that the Dinar is a ‘locked- in’ investment because the Iraqi economy must rebound and its currency will surely rise in value. There is no evidence presented for these allegations, and shamelessly, these persons portray their manipulations as an investment opportunity.

How to Spot Dinar Investment Scams

Sadly, due to such promises of good returns, there have been many scams involving the Iraqi Dinar. A lot of times con artists posing as dealers will resell dinars at a higher value promising that the dinars are going to erupt soon. People are advised to invest in Dinars and wait for about three to five years then they do a swap and take their money back.

It is thus very important to do your homework and not be pressured into investing based on rousing speeches or high-pressure sales pitches. Investment opportunities that state that they are riskless or are about to go up are the most dangerous and should be avoided at all costs.

Realistic Returns on Iraqi Dinar Investment

Can You Make Money From Investing in Dinars?

In fact, the opportunity to make a fortune from Iraqi Dinar investments simply does not exist in the real world. However, there are very few people who have made lots of money out of their investments. To most people the Dinar has not made them wealthy, though mostly because they have not invested enough to turn the tide. If Iraq does manage to stabilize in the future then it does not mean that the Dinar is going to take a spectacular rise.

Understanding the Likelihood of Profits

Due to the unpredictable political and economic circumstances of Iraq, it is improbable that a large amount of money can be earned from investing in the Dinar. Anything can happen in currency devaluation, inflation, and political instability, while the chance and potential for profit are almost negligible in most cases. This makes it possible to say that Dinar’s investment is very speculative. Therefore, one must be very cautious before investing in this opportunity.

It is our hope that the information provided in this eBook will serve as a distinct guide to assist people in considering better options than calculating when to invest in Iraqi Dinar.

Alternatives to Investing in Iraqi Dinar

Safer Investment Options

There are other less risky investment opportunities in which individuals who want fixed returns can invest. Some of the known investment opportunities include stocks, bonds, real estate, and other foreign currency from well-developed economies. Although these investments do not represent such attractive opportunities to get fabulous wealth as the Dinar does, they are unlikely to lead to serious financial losses.

Diversification Strategies for Investors

The most basic form that risk mitigation can take pertains to diversification which is more effective than all the other strategies that are in the market. In this way, investments will be diversified across a set of different classes and markets, and thus they will not require a single investment. This also assists in reducing the effects that result from a bad investment in any specific risky venture like the Iraqi Dinar.

Conclusion – Should You Invest in the Iraqi Dinar?

Finally, investing in the Iraqi Dinar is a very high-risk and high-reward proposition. The possibility of a great return seems to be very attractive; however, the associated factors, such as political risks, incidences of inflation, and instabilities in currencies, should make the option very unattractive to most investors. In this case, it is advisable to have a determined stock and avoid putting all your capital in it, such as the Dinar, thereby encouraging one to start exploring other stable investments. Winning the riches is not an overnight affair or a stroll in the park; the same fate might not be made for the Dinar either.

Source: Dinarit

[cashfliperzspot]

Buy counterfeit Kuwait Dinar | Best place to buy fake Kuwait currency | Cashfliperzspot

Buying counterfeit Kuwaiti dinars could transform your life. We are the ones who make this possible. We offer reliable and safe online fake goods sales.

[collectiblecurrencies]

Egan Store is still the best US-based, online IQD (Iraqi Dinar) dealer

EganShop.com has closed, but Egan.Store is still the best place on the web to buy Iraqi Dinar currency. 

Ms. Sandy at Edu Matrix has some of the best videos about the Iraqi dinar and it’s prospective revaluation available anywhere on the web.

Everything I’m hearing is that the RV is imminent... anywhere for hours to weeks, months tops. There’s been lots of chatter that this will be a very special Christmas. Sure, could mean anything or nothing, but Trump’s history is pretty close to unanimous in terms of his knowing something specific when he makes remarks like that.

My recommended source for IQD (Iraqi Dinar) is Egan Store (http://egan.store & Egan Shop https://eganshop.com).

Peter (the owner of Egan Store) has told me this week that he intends to start removing IQD listings soon, although he couldn’t give a date, stating that they would only sell what they can replace, but would sell as long as he could get it. So as long as they can get it they plan to make it available and help as many people as possible procure some before it’s too late.

Peter is a good man and his customers love him. His business has achieved a better than 99% customer satisfaction rate selling on eBay, Etsy, other third-party platforms and from their relatively new site, EganShop.com.

Peter will be launching a plethora of currency-specific, niche collectible numismatics, coin & banknote shops — each specific to a particular nation’s currency.

Egan Shop and Egan Store have every denomination of new Iraqi dinar available for some of the best prices available anywhere online. If you find a better price, message them. If Peter can beat it he will.

https://etsy.com/shop/EganStore

[iqdbuy]

Get the best rates for Iraqi dinar at IQDBUY. Enjoy a seamless online purchasing process with secure payments and fast delivery. Trust IQDBUY for all your currency needs.

[head-post]

Kosovo accepts US proposal for use of Serbian dinar

Kosovo President Vjosa Osmani announced on Monday that her country has accepted part of a US proposal for the use of the Serbian dinar in the country.

Osmani told the media during a visit to the municipality of Lipljan that there is agreement on part of the proposal, which was presented by the US special envoy for the Western Balkans, Gabriel Escobar, when he was in Kosovo last week. However, she emphasised that there is no agreement on the second part. Osmani said:

It is very positive that the international community, led by the US, agrees that there will no longer be dinars in circulation in Kosovo, and with their help, we have achieved that from now on all remittances and financial aid coming from Serbia will be in euros and not in dinars.

Read more HERE

[crushfin]

The Most Expensive Currency in the World in 2023: What It Is and Why It Matters

The Kuwaiti dinar (KWD) is the most expensive currency in the world. As of October 2023, it is worth more than any other currency, including the US dollar, the euro, and the British pound. KWD is one of the world’s most expensive currencies The symbol for Kuwaiti Dinars is KWD. Introduced in 1960, the year the nation proclaimed independence from British rule, it…

[feedramc]

دلار نقدی تهران آخرین نرخ معامله شده 46,370 زمان دقیق این قیمت 12:33 TEHRAN شنبه 1401/12/27 - 27 اسفند 1401 2023-03-18 Saturday - 2023 18 March برای استعلام دقیق ارزهای موجود در بازار به این پیج مراجعه کنید @feedramc #rial #w #e #dollar #s #currency #euro #evo #pound #coin #banknotes #f #amg #iran #dinar #bbs #carsofinstagram #rialwheels #rupee #mercedes #audi #money #bmwe #honda #oman #bmw #love #collection #tuning #loweredlifestyle https://www.instagram.com/p/Cp7NLBLIXC1/?igshid=NGJjMDIxMWI=

[ptseti]

On this day in 2011, revolutionary Libyan leader and pan-Africanist Muammar Gaddafi was captured and executed by NATO-backed rebels. Not long after, The Atlantic published an article with the headline: 'As Qaddafi Died, So Did His Craziest Dream and Mistake: Pan-Africanism.' Yes, they actually said the quiet part out loud.

The article boldly states, "Qaddafi's death -- and the outpouring of support for the late Libyan leader in sub-Saharan Africa following his demise -- is a reminder that pan-Africanism was an historic mistake of enormous proportions -- a simple-minded political ideology that for the past 50 years or so has done more harm than good for Africa's standing in the world."

People across the political spectrum still debate whether Gaddafi really was the brutal dictator the West made him out to be. Was he killed because he was hated by his own people? Or did his anti-imperialist politics and refusal to bow down to the West play a decisive role? Today, in 2024, there is a significant body of evidence that the West had a vested interest in removing Gaddafi, who was working to liberate and unify Africa. This article by The Atlantic was an early clue.

The most persuasive evidence that there was a Western plot to destroy pan-Africanism through Gaddafi's assassination comes directly from email correspondences between former US Secretary of State Hillary Clinton and former aide to President Bill Clinton, Sidney Blumenthal. Here’s an extract from one email:

"This [Libyan] gold [reserve] was accumulated prior to the current rebellion and was intended to be used to establish a pan-African currency based on the Libyan golden Dinar. This plan was designed to provide the Francophone African Countries with an alternative to the French franc (CFA)… French intelligence officers discovered this plan shortly after the current rebellion began, and this was one of the factors that influenced President Nicolas Sarkozy's decision to commit France to the attack on Libya."

They did not want Africa to unite under the golden dinar currency that Gaddafi proposed, so he had to go.

[werewolf-cuddles]

Just got this one in my inbox, and instead of just deleting it outright, let's go over some of the red flags that indicate this is a scam, shall we?

First, the biggest red flag which y'all can't immediately see here since I cropped out the username and GoFundMe link is that the account was created literally 2 days ago, as of this time of writing. That is usually a dead giveaway of a throwaway account that exists solely to promote a scam.

Secondly, "Mohammed". For some reason, that's the name 98% of these scam messages go with. Could it just be a coincidence that all of these "Palestinians in need" just happen to share the same name? Or is it more likely they just googled "common Palestinian names" and went with the first name on the list?

Also, why Euros? That seems particularly odd to me. From what I've been able to research, there are three different denominations of currency used in Palestine; Israeli shekels, US dollars, and Jordanian dinars. Notice which currency is NOT on that list?

It doesn't make sense for a Palestinian fundraiser to be asking for Euros, a currency not used in Palestine, unless the person making the fundraiser is trying to reach out to Europeans specifically... or is actually based in a European country that uses the Euro.

"Helping animals" is also extremely vague, but is a cause that most people can empathize with. It's also worth noting that this is not the first "I help the animals in Gaza during the harsh war" message I've seen, and I doubt it will be the last.

Anyway, learn to recognize the signs of a scammer. Don't blindly trust every fundraiser you see. Don't blindly promote every random stranger who comes into your inbox to ebeg.

[iraqdinar]

When will the Iraqi Dinar Revalue? (Bing’s AI Tool)

Today, I became curious after months of+*/ hearing about arificial intelligence, chat bots, Open AI, ChatGPT, etc. I decided to indulge my own curiosity and also assess just how intelligent these artificial brains really are. The first one I played around with is one created by Microsoft’s Bing.

I posed the following (loaded) question: When will the Iraqi Dinar revalue?

The answer it gave me wasn’t particularly impressive, however, when I first attempted to write this post my browser froze and I lost everything. Interestingly, while the gist was the same, the second time I asked the idenical question I got a slightly different answer.

That answer is below, make of it what you will:

The Iraqi Dinar has been a topic of speculation for many years. The Iraqi Dinar Revaluation (RV) is a theory that the Iraqi Dinar will one day be worth a lot more than it is today. The RV theory is based on the belief that the Iraqi Dinar was artificially devalued by the Saddam Hussein regime in the 1990s, and that it will be revalued to its true value once Iraq becomes a stable and prosperous country².

However, on February 7th, 2023, Iraq's cabinet approved a currency revaluation and set the exchange rate at **1,300 dinars per U.S. dollar**³⁵.

Source: Conversation with Bing, 7/1/2023

Umm... What was the rate before it was 1300-1?

I guess noboddy mentioned to it what the rate had been before the government set t at 1,300 dinars to $1. Most people would consider an 11% ROI pretty good for year’s investment. IQD appreciated that much against the US dollar in one day when it was set at 1300-1. So at leats in 2023, if you buy Iraqi dinar you haven’t lost anythign this year, and appear poised to see your patience pay off like so many of us have long hoped.

Here is what it said when I asked what the rate had been prior to being changed to 1300-1 (it was 1468-1, but Microsoft Bing didn’t know and couldn’t figure that out). The response is as follows: 

I couldn't find the exact exchange rate before it was set at 1,300 dinars per US dollar on February 7th, 2023¹. However, the Iraqi dinar was equal to US$4.86 between 1932 and 1949 and equalled to US$2.80 between 1949 and 1971 after being devalued in 1949²³. I hope this helps.

Source: Conversation with Bing, 7/1/2023 (1) 1,300.00 IQD is equal to 0.99 USD. https://bing.com/search?q=iraqi+dinar+exchange+rate+before+1%2c300+dinars+per+US+dollar. (2) IQD/USD: Iraq Revalues Dinar Currency Weeks After Replacing Central .... https://www.bloomberg.com/news/articles/2023-02-07/iraq-revalues-currency-weeks-after-replacing-central-bank-s-head. (3) Iraq lowers dollar-dinar exchange rate - Al-Monitor. https://www.al-monitor.com/originals/2023/02/iraq-lowers-dollar-dinar-exchange-rate.

I couldn’t have just let this go without sending feedback to the AI’s operators and developers.More on that in the next post...

[aloneandforsakenbyfateandbyman]

12 years after the death of Libyan dictator Muammar Gaddafi, I’m still obsessed with his life story. He’s the original Kardashian. Blessed with good looks, he botched himself and pulled a Jocelyn Wildenstein with bad plastic surgery and Botox. WHY did he have to ruin his face lmao??

He made Libya one of the richest countries in Africa with a high GDP, wanted to make a gold-backed dollar instead of fake fiat currency, was a Pan-Africanist who wanted to empower Arabs and Africans alike, had a crew of Amazonian bodyguards, threatened US and European hegemony, pissed off the whole world, was possibly behind the horrendous Lockerbie bombing, was an alleged war criminal, luxurious spender, anti-NATO, so-called terrorist, shit talker at the UN assembly, wanted to create a giant man-made aqueduct to supply water all across Africa, ruled unelected for over 40 years, was ardently pro-Palestine, used too much tax money on his face, and so on.

For anyone interested in MENA geopolitics, Gaddafi is one of the most fascinating mixed bags of the past century. He died beaten to death with a bayonet supposedly shoved up his ass by fake rebels paid by NATO, but in the end he just pissed off Hillary Clinton and Nicolas Sarkozy by wanting to launch the independent African Gold Dinar which would have been backed by his immense reserves of gold; unlike the USA which operates on nonexistent currency.

It’s a complicated story, just like Gaddafi’s complex fashion sense, swift decline in handsomeness to botox pillow face syndrome, and deranged yet occasionally compassionate mind. But it’s definitely an unforgettable story above all. We will never really know the truth about how and why he died, but we can only have an inkling.

[sunnywalnut]

I've seen an EXTREME loss of links to arab.org on here so HERE.

Do your daily clicks. EVERY SINGLE TAB COUNTS AS IT'S OWN CLICK!! So you can tap the one for women, as well as children, Palestine, and the environment ALL IN ONE DAY!!!

AND REMEMBER. DO IT DAILY!!

Every click is worth ONE Lebanese pound.

For us in the United States, that is .000011 of a US dollar.

For those in Palestine? It's worth .0000079 of a Jordanian Dinar. Which is only one of the types of currency they use in the West Bank.

That is even LESS than what it's worth to us in the US. Which makes our clicks even MORE important, especially if we are unable to provide resources in other ways, such as money.

To all the children wondering how to show support to our Palestinian family, this is how. Spread the word and do your part.

Together we stand.

From the river to the sea, Palestine will be free.

[dinaritexch]

Iraq is the Third-Best Investment Destination in the Arabian Gulf. What Makes Iraqi Dinar Appealing to Investors?

Gulf countries are investing heavily in Iraq, with Saudi Arabia putting in $3 billion, the UAE pledging $3 billion, and Qatar committing $7 billion. This makes the Iraqi Dinar a key focus for investors in the region.

Iraq has many strengths that make it attractive for investment. It holds 11.7% of the world’s oil reserves and has a population of 43 million, creating significant opportunities. The real estate sector is booming, with a demand for over 1.5 million housing units. Projects like the $1 billion “Baghdad Avenue,” featuring Iraq’s largest mall and 6,500 residential units, highlight this growth. These factors have positioned Iraq as a major investment hub in the Gulf, drawing interest from key players and opening doors for new opportunities in various sectors.

Iraq’s Economic Renaissance

Iraq’s economy has undergone a major transformation. GDP growth reached 10.5% in the first half of 2022. This is due to an increase in oil production and a strong domestic economy, which has boosted the Iraqi Dinar.

Record oil revenues and GDP growth

The oil sector is still driving the economy. Oil export revenues accounted for about 95% of Iraq’s government revenues in 2022. So, net oil revenues reached $131 billion in 2022 from $92 billion in 2021. The Iraqi Dinar is stable, with international reserves at their highest in over two decades.

Strategic location and market size

Iraq’s location in the Gulf region is boosted by its large resource base. With 145 billion barrels, it has the 5th largest proven crude oil reserves in the world, 17% of the Middle East’s proven reserves. Plus, the country’s growing market of 43 million people is a big opportunity for investors who consider the Iraqi Dinar a good investment.

Government reforms and initiatives

The government has launched several key reforms to strengthen the economy:

Implementation of the Iraq Development Fund Regulation No. 3 / 2023 to enhance investment appeal

Achievement of $63 billion worth of Foreign Direct Investment in just 18 months

Introduction of comprehensive white paper reforms focusing on:

Moving from a state-controlled to a private sector-driven economy

Strengthening regulatory frameworks

Improving essential service delivery

The National Investment Authority has shown commitment to development through strategic projects, especially in the housing sector. The government is serious about creating an environment for growth by empowering small and medium enterprises.

The International Monetary Fund expects growth to continue. Non-oil GDP grew 6% in 2023. The country’s international reserves reached $112 billion, and the current account surplus was 2.6% of GDP.

Gulf States’ Growing Interest in Investment

Recent developments in Iraq’s investment scene have attracted considerable attention from Gulf states, especially as the Iraqi Dinar is becoming more stable.

Saudi Arabia’s $3 billion investment commitment

The Saudi Public Investment Fund has established an investment arm for Iraq with $3 billion in capital. The arm will invest in various sectors, infrastructure, mining, agriculture and real estate development. Saudi Arabia’s total investment commitment is over $5 billion across all sectors, making the Iraqi Dinar a good investment for regional players.

UAE and Qatar’s major projects

The United Arab Emirates has shown its confidence in Iraq’s potential through a $3 billion special investment fund. Then, UAE-based Crescent Petroleum secured three 20-year contracts to develop natural gas fields in Basra and Diyala provinces.

Qatar has become a big investor and plans to pump in $5 billion across all sectors. Their commitment includes:

Development of two power plants worth $2.5 billion

Construction of new residential complexes and commercial centers

Management of hospitals and development of tourism facilities

A 25% stake in TotalEnergies’ $27 billion energy project

Strategic partnerships in key sectors

Gulf states and Iraq have partnered in key sectors, and big progress and investment have been made. Saudi Arabia has invested $1 billion in the Baghdad Investment Avenue project to develop Iraq’s infrastructure and economy. UAE is focusing on developing Iraq’s natural gas sector through multiple contracts to boost energy resources and regional cooperation.

Qatar has pumped in $2.5 billion to develop Iraq’s power infrastructure, improve electricity access, and support industrial growth. This shows the Gulf states’ commitment to helping Iraq grow and building stronger regional ties.

These investments have made Iraq stronger in energy infrastructure projects to reduce dependence on imported power. The Development Road project supported by Qatar and UAE is a big step towards regional integration, making the Iraqi Dinar a good investment for long term growth.

Key Investment Sectors

Investment opportunities in Iraq’s key sectors are significant. Strategic developments are making the Appealing Iraqi Dinar more stable.

Energy and infrastructure development

Energy is at the top of Iraq’s development agenda, and big projects are underway. TotalEnergies, the French energy giant, has signed a $27 billion energy sector deal. Construction of new power infrastructure includes a 1GW power plant in Najaf. The sector is growing big.

Infrastructure is growing big, with plans to complete $150 billion in projects by 2025. Big developments include:

$6 billion Grand Faw Port

Seven new airports and ports in Basra province

23 general hospitals and 7 specialized medical centers

Real estate and construction boom

Construction is growing big, with 5% real growth in 2024. Big investments in key areas, $30.8 billion in energy, $25.6 billion in security and defense, and $13.3 billion in education, are driving the sector’s growth and the overall economy.

Real estate is growing by 6% annually, and the Iraqi Dinar is a smart investment. But the housing deficit of 3 million units is a big opportunity for investors, and tax and customs exemptions are adding to the investment appeal.

Banking and financial services

Banking is undergoing a significant transformation. Less than 20% of adults have bank accounts. The Central Bank of Iraq has launched:

Sustainable finance roadmap (2023-2029)

Environmental and social risk management guidelines

ESG Code for the banking sector

Islamic banking assets have grown to 9.7% of the market, the sector is growing and the Iraqi Dinar is a good investment for diversified portfolios.

Investment Climate Improvements

The investment climate in Iraq has changed big under Prime Minister Mohammed Shia Al-Sudani, and the Iraqi Dinar is getting more attractive to international investors.

Political stability measures

The Iraqi government has made significant progress in political stability through major reforms. Under the current government, Iraq has achieved major milestones, including a new social security law and long-overdue financial reforms. Iraq is now in a position to reap significant opportunities, but challenges remain in addressing the needs of its growing population.

Regulatory reforms and incentives

The regulatory environment has changed to attract foreign investment, with:

Tax Exemption: Investors enjoy a 10-year tax-free period.

Corporate Tax Rate: 15% corporate tax after the exemption period.

Investment Protection: Investments are not nationalized.

Capital Repatriation: Investors can transfer profits and capital abroad.

Rather than maintaining restrictive policies, Iraq has made big reforms to simplify the investment process. The National Investment Commission’s “One Stop Shop” is the central point for investors to navigate through the regulatory requirements. Soon, they will introduce more reforms:

Digitalization of company registration

Simplified government procedures for tax and customs

Access to information systems

Enhanced security situation

Despite regional challenges, Iraq’s security situation has improved. Iraq has maintained its stability amidst regional tensions. The government is firm on sovereignty and territorial integrity. As a result:

Better border control

Improved intelligence sharing

Stronger coordination between security forces

The signing of the Singapore Convention in April 2024 is a big development in Iraq’s investment landscape. This agreement adds to the framework for international dispute resolution, giving investors more confidence in the Iraqi Dinar as a smart investment.

In summary, Iraq is getting more secure and stable. The government is still working on reforms to combat corruption and strengthen institutions. The establishment of the Iraq Fund for Development is a big step. Modernization is also extended to the banking sector, and sustainable finance roadmaps and environmental risk management guidelines are being introduced to make the Iraqi Dinar a good investment.

Risk Assessment and Mitigation

Investors considering the Appealing Iraqi Dinar must assess both opportunities and challenges in Iraq’s changing landscape. First, understanding the regional dynamics and risk mitigation strategies is key to making smart investment decisions.

Understanding regional dynamics

The relationship between the Iraqi federal government and the Kurdistan Region of Iraq (KRI) is a key consideration for investors. The halt of Kurdish oil exports to Turkey in 2023 reminds investors to monitor regional politics. The ongoing negotiations between Iraq, KRI, and Turkey on oil exports are part of a complex web of regional relationships that can affect the Iraqi Dinar as a smart investment.

Legal and regulatory considerations

Iraq has established a robust framework of international agreements to protect foreign investments:

Bilateral Investment Treaties: Agreements with 32 countries.

Arab League Arrangements: Includes 9 multilateral agreements.

Free Trade Agreements: Partnerships with 11 nations.

The country’s accession to the Washington Convention on Investment Disputes Settlement provides investors with access to international arbitration mechanisms. Essentially, this framework offers protection against:

Non-commercial risks through MIGA insurance

Expropriation concerns

Regulatory overreach

Risk management strategies

Investors considering the Iraqi Dinar as an investment should prioritize risk management by addressing the key factors. Bureaucratic challenges such as complexity in company registration, customs regulations, irregular tax liabilities, and visa and residency permit procedures must be planned and managed carefully.

Operational challenges can also be managed with the help of resources such as the National Investment Commission’s ‘One Stop Shop’ services, Provincial Investment Commissions, and the Board of Investment in Kurdistan. Using these services can minimize risks and ease the investment process.

World Bank has programs to strengthen investment protection with technical assistance on:

Implementation support for international conventions

Awareness campaigns

Capacity building for public servants

Ultimately, while Iraq faces structural challenges such as an underdeveloped private sector and political instability, the government has demonstrated commitment to reform through:

Exchange rate control

Anti-corruption measures

Security Protocols

The Iraqi Commission of Integrity now has a mechanism for anonymously reporting corruption, but investors should note that Iraq is ranked 157 out of 180 on Transparency International’s Corruption Perception Index.

FAQs

1. Why is Iraq considered the third-best investment destination in the Arabian Gulf?

Iraq boasts abundant natural resources, particularly oil, which accounts for over 85% of its revenue. The country is actively rebuilding its infrastructure and economy, creating opportunities in sectors like energy, construction, and agriculture. This growth potential makes Iraq appealing to global investors.

2. What makes the Iraqi Dinar appealing to investors?

The Iraqi Dinar is appealing due to Iraq’s potential for economic growth, underpinned by its rich natural resources and post-conflict development. Investors speculate on the possibility of the dinar’s value increasing as Iraq stabilizes politically and economically, making Iraqi Dinar a wise investment for those seeking high-risk, high-reward opportunities.

3. Is the Iraqi Dinar a good investment for long-term growth?

The Iraqi Dinar can be a speculative investment. While it offers high potential returns if Iraq’s economy grows significantly, it also carries risks due to market volatility and dependence on oil revenues. For those interested in diversification, the Iraqi Dinar is a good investment that could complement a balanced portfolio.

4. How does the Iraqi Dinar compare to the USD?

The exchange rate of the Iraqi Dinar to USD has remained relatively stable in recent years. However, any potential revaluation of the dinar could lead to significant gains, attracting investors seeking to capitalize on Iraq’s improving economic conditions.

5. What should investors consider before investing in the Iraqi Dinar?

Investors should evaluate Iraq’s political and economic stability, global oil prices, and currency regulation policies. While the potential returns might be high, risks such as currency manipulation and limited convertibility must be carefully assessed before treating the Appealing Iraqi Dinar as a viable option.

Conclusion

Iraq is an attractive investment destination with strong economic fundamentals and regional support. Its 10.5% GDP growth and $131 billion oil revenue are testaments to its economic might. Gulf countries have already recognized this, with combined investments of over $13 billion from Saudi Arabia, UAE, and Qatar.

Despite the regulatory framework and regional challenges, the government has taken bold steps towards reforms. Implementation of the Iraq Development Fund Regulation, a simplified investment process, and improved security measures have created a more investor-friendly environment.

Iraqi Dinar is attractive due to multiple growth drivers: $150 billion in infrastructure projects by 2025, 6% growth in the real estate sector, and banking sector reforms for financial inclusion. Add to that tax incentives and investment protection guarantees, and Iraq is the third-best investment destination in the Arab Gulf.

So, investors who manage risks and take advantage of Iraq’s strengths—1.5 trillion barrels of oil and 43 million people—can find big opportunities in this rising market. The government’s commitment to economic transformation, with international support and regulatory reforms, means long-term investment growth.

Source: Dinarit

[enbycrip]

A thing that fills me with joy is that coins struck for the 8th century Saxon king Offa in the 8th century early medieval kingdom of Mercia, in modern England, were largely copied from coins struck for Abbasid caliph al-Mansur, which were common currency across much of early medieval Europe, Asia and Africa.

In addition to the words Offa Rex, Latin for “King Offa”, stamped across the centre of the coins, the coins also bear the slightly distorted but distinctly readable Arabic words “there is no God but Allah” around the edges in Kufic script.

Every time gammons go on and on about “clash of civilisations” and “hordes of immigrants”, remember that the actual evidence shows that we have *always* had a deeply interconnected world, materially, economically, culturally and genetically.

https://artofthemiddleages.com/s/main/item/3140#:~:text=Description%3A%20This%20gold%20coin%20was,Abbasid%20caliph%20in%20Baghdad%20(r.

[truth4ourfreedom]

THE NEW GLOBAL FINANCIAL SYSTEM IS COMING!!!!

Masters of the GCR/RV: The Financial Revolution Unfolding!

The Global Currency Reset (GCR) and Revaluation (RV) are not just financial terms—they represent a profound shift in the global economy. Exotic currencies like the Zimbabwe Dollar, Iraqi Dinar, and Vietnamese Dong, once dismissed, now stand at the center of this seismic transformation. Coupled with the Quantum Financial System (QFS) and the groundbreaking NESARA GESARA Act, these forces are dismantling the corrupt financial structures of the past and ushering in a new Golden Age.

Zimbabwe Dollar: Rising from the Ashes Once a symbol of economic collapse, the Zimbabwe Dollar (ZWL) is poised for resurgence. Backed by vast natural resources, including gold and diamonds, its revaluation could redefine wealth distribution globally.

Iraqi Dinar: A Powerhouse in Waiting The Iraqi Dinar (IQD), suppressed by decades of conflict, is ready for a comeback. Iraq’s immense oil reserves position the Dinar for a historic rise, turning its holders into potential beneficiaries of immense wealth.

Vietnamese Dong: The Silent Contender The Vietnamese Dong (VND) may be undervalued today, but Vietnam’s booming economy and strategic global role make this currency a sleeper hit in the GCR.

The Quantum Financial System (QFS): A Game-Changer The QFS is not just a financial system—it’s a technological revolution. Designed to eliminate corruption and provide transparency, it promises security and fairness. XRP and XLM, digital assets tied to this system, are set to replace outdated financial instruments, making them prime opportunities for savvy investors.

NESARA GESARA: A Blueprint for Global Equity This monumental reform package aims to forgive debts, redistribute wealth, and establish a gold-backed currency system. With mandates for humanitarian projects, it’s not just about money—it’s about building a better world.

Tier 4B: The Informed Few vs. Tier 5: The Oblivious Masses The informed Tier 4B, aware of these shifts, stands ready to benefit. In contrast, Tier 5, tethered to outdated systems, remains blind to the change. This is an Information War, and knowledge is your most valuable asset.

The Time to Act Is Now! The GCR/RV isn’t speculation—it’s happening now. The future belongs to those prepared to seize the moment. Will you rise to the occasion, or will you be left behind? The choice is yours.

Join and share my channel immediately: https://t.me/JulianAssangeWiki

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From truth4ourfreedom:

I have heard about this change for what seems like months. When will it happen? And will the global elites and big banks go along? Time will tell!