The dollar fell below 140,000 dinars in Baghdad.
The dollar exchange rate continued to decline against the dinar, on Monday (May 26, 2025), with the closure of local stock exchanges in Baghdad.
A Baghdad Today correspondent said the dollar exchange rate reached 140,700 Iraqi dinars for every 100 US dollars as the main stock exchange in Baghdad closed.
He added that the selling price at exchange offices reached 141,750 dinars, while the buying price reached 139,750 dinars for every 100 US dollars.
The video for this My FX Buddies episode is below here:
Board of Central Bank of Iraq to be Restructured?
Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on Monday of the High Committee tasked with reassessing and restructuring the boards of directors of state-owned banks and the Central Bank of Iraq (CBI).
The committee approved several recommendations focused on evaluating board performance as part of a broader programme of banking and financial reform. The Prime Minister emphasised the critical role of these boards in leading strategic direction, ensuring transparency and accountability, and assessing institutional financial risks.
He also called for stronger coordination between the boards, government entities, and the private sector to advance financial and developmental policies that support Iraq's economic growth.
Al-Sudani discusses with the British ambassador in Baghdad strengthening the economic partnership between the two sides.
link
Prime Minister Mohammed Shia al-Sudani discussed with the British Ambassador to Iraq, Irfan Siddiq, ways to strengthen the economic partnership between Iraq and Britain and expand the activity of British companies in investment activities in Iraq.
On Monday, May 26, 2025, Al-Sudani received Siddiq, where they reviewed means of joint cooperation and efforts to strengthen the economic partnership, in light of the bilateral agreements and understandings between the two countries.
According to a statement issued by the Prime Minister's media office, "During the meeting, Al-Sudani highlighted Iraq's openness in the areas of development and infrastructure construction, the expansion of the state's capacity to provide services, and the potential for cooperation between the private and public sectors with British companies in various investment activities."
The British ambassador affirmed his country's government's desire to strengthen cooperation and partnership with Iraq, and to work together to promote stability in the region.
Al-Sudani directs boards of directors to develop strategies for government banks.
Prime Minister Mohammed Shia al-Sudani chaired a meeting on Monday of the Supreme Committee tasked with reevaluating and restructuring the boards of directors of government banks and the Central Bank of Iraq.
The meeting approved a set of recommendations and discussed topics on the committee's agenda, which focused on evaluating the performance of the boards of directors of government banks and the Central Bank as part of reform efforts in the banking and financial sector. The meeting also emphasized the effectiveness of boards of directors, as they constitute a fundamental pillar of the financial and banking reform process.
Al-Sudani stressed, according to a statement from his media office, the importance of boards of directors taking the lead in developing strategies and visions that guide the work of government banks, and promoting the principle of transparency and accountability within them. He also stressed the need for these boards to assess the financial challenges and risks facing banks, in addition to the importance of strengthening relations with various government agencies and the private sector, which contributes to the implementation of financial and development policies that support the local economy.
Parliament Presidency calls for extraordinary sessions
The Iraqi Parliament's Presidency discussed, on Monday, the upcoming elections, draft laws, and resolutions ready for submission, which have been studied by the relevant parliamentary committees.
In a statement, the House of Representatives Presidency said, "The Presidency of the House of Representatives held its regular meeting today, during which it discussed a number of issues on its agenda, most notably the draft laws and resolutions ready for submission, which the relevant parliamentary committees have completed their study."
She added, "The meeting addressed the upcoming elections and ways to create the appropriate legislative and political environment to ensure fair and transparent elections, thereby enhancing confidence in the democratic process and meeting citizens' aspirations."
According to the statement, the House of Representatives' presidency called on "members of the House of Representatives to prepare to hold extraordinary sessions during the second month of the current legislative recess, with the aim of completing these important legislative tasks and meeting the requirements of the current phase."
After the Eid holiday, Parliament prepares for extraordinary sessions, and the final legislation will begin on July 9.
MP Raed al-Maliki confirmed on Monday (May 26, 2025) that the House of Representatives is preparing to hold a number of extraordinary sessions after the Eid al-Adha holiday to pass some important laws.
In a statement received by Baghdad Today, al-Maliki said, "In our last meeting with the Speaker of Parliament, he explained that there is no point in extending the legislative session during the month of May due to disagreements within the Coordination Framework forces regarding some issues, including amending the elections law."
He added, "Therefore, the Council Presidency's intention was to utilize the time following the Eid holiday by holding extraordinary sessions, leading up to July 9, the date for the start of the Council's final legislative term."
He pointed out that they "pushed parliament to hold extraordinary sessions to complete the second reading of some laws and vote on them, along with other laws," noting that they "will resort to using popular pressure on parliament to complete important laws."
According to Al-Maliki, the laws up for vote include:
_ Amendment to the Ministry of Education Law
_ Budget tables
_ Code of Sharia Rulings on Personal Status Matters
_ Service law for members of the Popular Mobilization Forces
_ Amendment to the Radiation Control Law
_ Lawyers' Law
_ Programmers Syndicate Law
_ Reading the amendment to the Law of the Union of Jurists
_ Amending the Internal Security Forces Law
_ Amendment to the Prisoners' Law
_ Paramedic Protection Bill and other laws
The Presidency of the House of Representatives calls for its convening
The House of Representatives Presidency held its regular meeting on Monday to discuss a number of issues on its agenda, while deciding to invite representatives to hold extraordinary sessions during the legislative recess.
The Presidency stated in a press release that "the meeting focused on the upcoming elections, as the Presidency discussed ways to create the appropriate legislative and political environment to ensure fair and transparent elections that enhance citizens' confidence in the democratic process and meet their aspirations at this critical stage."
The statement added that "the Presidency called on members of the House of Representatives to prepare to hold extraordinary sessions during the second month of the current legislative recess, with the aim of completing important legislation and fulfilling the constitutional and legislative requirements that keep pace with the current stage."
The Sudanese Ministry of Finance directs the Ministry of Finance to prepare the budget tables for approval, amounting to 140 trillion dinars.
/ The Finance Committee of the Iraqi Parliament revealed on Monday that Prime Minister Mohammed Shia al-Sudani directed the Ministry of Finance to prepare budget tables in preparation for its approval.
Committee member Moeen Al-Kadhimi told Shafaq News Agency, "Last week, Al-Sudani directed the Ministry of Finance to prepare the 2025 budget schedules in preparation for its approval by the Council and sending it to Parliament."
Al-Kadhimi added, "The Ministry of Finance prepared the investment side of the budget months ago, amounting to 25 trillion dinars. The Ministry of Finance is currently expected to complete the operational side of the budget, estimated at approximately 115 trillion dinars."
He explained that "the budget tables amount to 140 trillion dinars, which will be sufficient to run the state during the remaining months of the year, including salaries for employees and retirees, social welfare, other aspects, oil extraction costs, and ongoing investment projects."
The Finance Committee member continued: "It has become imperative for the Ministry of Finance to prepare the budget tables, approve them in the Council of Ministers, and submit them to the House of Representatives next June."
To discuss salaries and the budget, Al-Sudani receives the head of the Parliamentary Finance Committee.
Prime Minister Mohammed Shia Al-Sudani received today, Monday, the head of the Parliamentary Finance Committee, Atwan Al-Atwani.
During the meeting, the latest preparations for the 2025 budget schedules were reviewed, as well as the mechanisms and plans for ensuring the financing of salaries and expenditures, according to sectors and activities, during the current year.
According to a statement from his media office, Al-Sudani stressed the government's commitment to ensuring the budget includes its priorities for implementing its schedules, in order to complete the government's program, particularly those related to providing services and completing projects, to fulfill the aspirations of citizens in all Iraqi governorates.
A word of truth for a man who has a right.. Al-Sudani leads a regional and international movement to strengthen international relations.
Since assuming office, Iraqi Prime Minister Mohammed Shia al-Sudani has led an active diplomatic effort at the regional and international levels. This effort aims to restore Iraq's relations with its Arab and international surroundings and build a new, positive image for the country, within the framework of a foreign policy based on balance, openness, and constructive dialogue.
Since assuming office in late 2022, Al-Sudani has been keen to make diplomacy one of his most prominent tools in supporting the national economy. This is achieved by attracting foreign investment, expanding cooperation with various countries around the world, activating economic and trade partnerships, and raising the level of Iraq's representation in international forums.
Al-Sudani's movements included official visits to several important capitals, including Washington, Tehran, Riyadh, Ankara, Abu Dhabi, Paris, and Berlin, during which he held high-level talks with heads of state and senior officials, resulting in understandings and agreements in the fields of energy, transportation, security, education, and investment.
Indeed, Al-Sudani realizes that Iraq's restoration of its regional and international standing cannot be achieved without changing the stereotypical image that has been entrenched about the country over the past decades. He is therefore working diligently to strengthen Iraq's presence at international conferences, affirm its commitment to international conventions and the principles of good neighborliness, and seek to resolve disputes through peaceful means.
In this context, Iraq participated in important international conferences and initiatives related to climate, food security, combating corruption, and countering terrorism. The Prime Minister had a notable presence at these conferences, delivering several speeches that affirmed Iraq's commitment to its role as a responsible regional actor, striving for stability and shared development.
Among the priorities of the Sudanese-led diplomatic effort are supporting the Iraqi economy by opening up to new markets, attracting capital and investments, and opening the door to bilateral cooperation in the fields of technology, energy, and infrastructure.
The Sudanese president has announced on more than one occasion that Iraq welcomes foreign companies wishing to invest, emphasizing the provision of a safe and stimulating environment, and encouraging the private sector to enter into strategic partnerships with its counterparts in friendly countries.
In addition to the economic dimension, Al-Sudani did not overlook the importance of Iraq's role in calming regional tensions, as Baghdad has played a mediating role in a number of issues, including the Saudi-Iranian dialogue and security coordination with neighboring countries to confront the challenges of terrorism and limit drug and weapons smuggling.
The man also worked to raise the level of Iraq's representation in international organizations and bodies, by nominating competent figures to fill important positions, and actively participating in sessions of the United Nations, the League of Arab States, the Organization of Islamic Cooperation, and others, with the aim of conveying Iraq's voice and defending its interests.
In this report, we are not seeking to create media propaganda, as much as we want to emphasize the principle of "give each his due," a principle we are keen to apply with everyone, including entities or figures with whom we disagree or differ. It is a word of truth about a man who has rights.
Reuters: Baghdad sues the Kurdistan Regional Government over contracts with US companies
The Ministry of Oil announced on Monday that it has filed a lawsuit against the Kurdistan Regional Government (KRG) over oil and gas contracts it signed with American companies .
According to sources who spoke to Reuters, "Baghdad considers the contracts concluded by the Kurdistan Region with HKN Energy and West Zagros to develop the Miran and Topkhana Kardemir gas fields near the city of Sulaymaniyah to be illegal . "
He added, "The federal authorities claim that the deals violate Iraqi law because they were signed without their participation, while Kurdistan insists that it acted within the framework of previous agreements . "
This legal challenge is the latest obstacle to the resumption of oil flows through the Iraq-Turkey pipeline, which has been halted since March 2023, despite pressure from the administration of US President Donald Trump .
From Washington to Sulaymaniyah: Kurdish gas ignites geopolitical shifts in Iraq
Oil expert Govind Sherwani said that the recent agreements concluded by the Kurdistan Regional Government with American companies to invest in natural gas are strategic agreements with significant economic and geopolitical dimensions. He explained that these contracts cover three gas fields, all in Sulaymaniyah Governorate, and are estimated to be worth more than $100 billion.
In a statement to the "Jarida Platform," Sherwani added , "These agreements have gained special significance because they relate to massive quantities of natural gas, and were held under the auspices of the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, in the US capital, Washington, which confirms the clear support of the US administration and its State Department for this process."
He stressed that "the drone attacks or targeting that were reported to have originated from the Makhoul area will not derail this important agreement, which the Prime Minister described as serving all of Iraq, not just the region." He added that "the surplus energy and gas will contribute to serving the provinces near the region, and there is previous experience of cooperation in this area."
Sherwani explained that "the agreement would not have been possible without the full coordination between the two main parties in the region, the Kurdistan Democratic Party and the Patriotic Union of Kurdistan. The most prominent evidence is the presence of leaders from the Patriotic Union of Kurdistan in the delegation that accompanied Barzani to Washington, including the deputy chief of staff and the minister of Peshmerga."
He pointed out that "Sulaymaniyah will be the primary beneficiary of these major agreements, which will provide extensive job opportunities and development in the electricity sector's infrastructure. This prosperity will be reflected in the Sulaymaniyah and Halabja governorates in particular, given their proximity to the new gas fields."
Sherwani stated, "The Iraqi Ministry of Oil should welcome these agreements, as they are consistent with the federal government's approach to natural gas investment, particularly as Iraq seeks to increase its associated gas investment rate to 70% this year, reaching 100% by 2029."
He concluded by saying, "Iraq possesses massive natural gas reserves estimated at 127 trillion cubic feet, ranking it 11th globally. The new discoveries in Sulaymaniyah could raise this figure by at least 4 to 5 trillion cubic feet, giving Iraq a unique position that will enable it to transform into a gas-exporting country in the future, rather than a gas importer as is the case today."
Buy Me a Coffee
.png)
Central Bank of Iraq launches Financial Inclusion Strategy
The Central Bank of Iraq (CBI) has launched its first National Financial Inclusion Strategy, covering the period 2025-2029.
The initiative provides an integrated framework aimed at enabling all individuals and businesses to access the financial sector and use appropriate, secure financial services with consumer protection guarantees. The strategy is expected to contribute to both economic and social development.
Governor Ali Mohsen Al-Allaq emphasised the Bank's commitment to advancing financial inclusion domestically and through collaboration with regional and international partners. The strategy was developed in partnership with the World Bank Group, Arab Monetary Fund, Alliance for Financial Inclusion (AFI), and Germany's Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), along with numerous local public and private stakeholders.
Key goals include:
- Increasing the percentage of Iraqis with bank accounts
- Strengthening consumer protection within the financial sector
- Expanding the use of modern digital payment methods
- Upgrading infrastructure and regulatory frameworks to support inclusion
Poor services spark protests: Iraqis demand solutions, not promises
Popular anger is spreading in Iraq with protests demanding improved public services, most notably the electricity crisis, which has been deteriorating sharply with the onset of summer.
These actions reflect the Iraqi public's growing impatience with what it perceives as chronic inaction in addressing service crises, despite repeated government promises. Therefore, dozens of demonstrators in the Al-Haidariya district of Najaf partially blocked the main road linking the governorates of Karbala and Najaf on Monday (May 26, 2025) in protest of deteriorating services and the decline in electricity supply.
Ibrahim Hassan, a member of the demonstration's coordination committee, told Baghdad Today, "Dozens of Haidariyah residents staged a peaceful demonstration, blocking part of the road linking Karbala and Najaf, raising three main demands: equitable distribution of electricity, improved basic services, and the implementation of road service projects."
Hassan added that "the demonstration comes after mounting public anger over soaring temperatures and reduced electricity supply, amid a sense of neglect toward their areas." He noted that "blocking the road is a direct message to decision-makers to take urgent action and provide justice to their areas, which are suffering from accumulated service crises."
This tense scene reflects a loss of trust between citizens and official institutions, amid growing calls to end years of neglect, corruption, and mismanagement.
Demonstrations resume in Diwaniyah over deteriorating electricity conditions.
Demonstrations resumed in Diwaniyah Governorate on Monday, protesting the deteriorating electricity situation. Roads were blocked with burning tires.
A Shafaq News Agency correspondent said, " Evening demonstrations resumed in the Ghammas and Al-Sudur areas of Al-Diwaniyah Governorate, in protest against the deteriorating electricity situation in the governorate."
He added that "the demonstrators used burning tires to block main roads," noting that "electricity supply in Diwaniyah is currently 9 to 14 hours a day, compared to 14 hours of outage."
A Shafaq News Agency correspondent in Babil Governorate reported that electricity supply is severely deteriorating, amid ongoing complaints from residents.
Najaf and Diwaniyah governorates witnessed widespread protests on Sunday evening, demanding improved electricity supply conditions amid soaring temperatures .
Protesters blocked major roads, set tires on fire, and raised anti-government slogans. In some areas, clashes broke out between security forces and protesters.
The US withdrawal file is put in the drawers... and the Sudanese Yuan is caught between Washington and its opponents.
The Iraqi government continues to review its military plans amid unstable security developments in the region and escalating threats on the western border.
The recent government meeting to discuss the army's arming plan comes amidst a complex set of complex issues, most notably the continued presence of US forces, growing fears of a deteriorating security situation in Syria, and the potential for chaos to spread once again to Iraq.
The government is accelerating the implementation of a plan to re-prioritize armament, mandating implementation within two years, while attempting to balance limited resources with increasing security pressures.
These steps appear to be a belated response to internal concerns that hint at the fragility of the border and Baghdad's need to maintain a US presence despite the declared agreement on a gradual withdrawal until the end of 2026.
The statements of Nouri al-Maliki, leader of the State of Law Coalition, have a dual character. On the one hand, they reflect real fears of ISIS activity emanating from Syrian territory, while on the other hand, they suggest a political justification for extending the presence of US forces in Iraq.
Al-Maliki said, "The timing of the withdrawal of US forces from Iraq has been delayed due to events in Syria."
Al-Maliki added in a televised interview that recent events in Syria have raised concerns about "the al-Hawl camp and some terrorist threats inside Syria toward Iraq."
He continued, "The presence of US forces in Iraq will be given an opportunity to contribute to supporting Iraqi forces in reserve for possible security developments, if terrorists in al-Hawl camp and SDF prisons are released. The region may witness dangerous security movements, and we will need coalition forces."
Al-Maliki said that if the Iraqi government "finds itself in need of American forces, it must agree to their continued presence under specific conditions. This must be based on a decision, study, and assessment by the relevant security agencies."
The "al-Hawl camp" issue appears to have become a strategic pretext for delaying the implementation of the withdrawal plan, amidst the marked tension between some Shiite factions and the government leadership, particularly as the election date approaches.
Washington is taking a cautious stance, based on existing security cooperation lines that are even periodically reaffirmed, as in the Sudanese Prime Minister's call with the US Secretary of Defense. This serves as a reminder of the priority of cooperation to confront any sudden threats, at a time when the region is witnessing serious attempts by ISIS to reposition itself in areas with weak security.
The Iraqi government distances itself from statements suggesting an extension or reduction of the US presence, amid ongoing internal debate. Observers, however, believe that the armed factions' silence is temporary, related to their current preoccupation with preparing for the elections and forming new political alliances, which gives the government time to reorganize its affairs without direct threats.
Analyses indicate that Iraq remains at the heart of a larger American equation, viewed as a strategic vantage point overlooking Iran, Syria, and Turkey. This security connection is difficult to easily sever. This is underscored by the absence of any effective legal or military action by successive Iraqi governments effectively demanding the departure of foreign forces.
Omani proposal for resuming Iranian-American negotiations revealed
Ahmad Bakhshayesh Ardestani, a member of the Iranian Parliament's National Security and Foreign Policy Committee, revealed on Monday that an Omani proposal had been submitted to Iran regarding its nuclear program. The proposal calls for a temporary suspension of uranium enrichment operations for six months as a preliminary step to resuming negotiations.
Ardestani explained that the proposal has not yet been accepted by Tehran, noting that the Iranian side fears a repeat of previous experiences, which saw increasing demands from Western powers after each positive step taken by Iran.
Ardestani added that Iran currently possesses approximately 300 kilograms of highly enriched uranium, which he estimates is equivalent to the capacity to produce 10 nuclear bombs, stressing that Iran's red line regarding enrichment will not be crossed.
The Iranian MP pointed out that if an agreement is reached, Iran will continue enriching uranium at a level that exceeds its previous commitments under the 2015 nuclear agreement, indicating Tehran's desire to extract further gains in exchange for any new concessions.
This development comes amid mediation efforts led by the Sultanate of Oman to revive nuclear talks between Iran and the United States, amid diverging positions between the two sides on uranium enrichment.
Iranian Foreign Minister Abbas Araqchi recently stated that the Omani mediator presented proposals to resolve some of the obstacles in the nuclear talks during the last round of negotiations, stressing that these proposals are still under consideration by the Iranian side.
Earlier on Monday, Iranian Foreign Ministry spokesman Esmail Baghaei denied reports of a possible interim agreement with the United States or a three-year freeze on the nuclear enrichment program.
The Sultanate of Oman has managed to hold five rounds of negotiations between Tehran and Washington, without announcing any real breakthrough on the nuclear issue.
This comes as US President Donald Trump said the United States had "good talks" with Iran, while Tehran maintains its refusal to make any concessions on uranium enrichment.
Hamas agrees to new US-backed Gaza ceasefire proposal
Hamas has reportedly agreed in principle to a new US-backed ceasefire proposal to end the war in Gaza, according to sources familiar with the Doha negotiations, cited by Arab and Western media.
The plan, presented by US envoy Steve Witkoff, outlines a 60-day truce, the phased release of 10 Israeli hostages, and a broad prisoner exchange. Five hostages would be freed on day one, the remaining five on day sixty, along with the return of deceased Israeli captives and an unspecified number of Palestinian detainees.
A source close to Hamas told Al Jazeera the deal includes the entry of up to 1,000 aid trucks daily and requires Israel to withdraw from key areas of Gaza by the fifth day of the truce.
The US has reportedly committed to leading final-status talks during the ceasefire and preventing further escalation if negotiations stall. The same source said US President Donald Trump is backing the effort and has committed to pressuring Israel to uphold the terms, including a full pullout based on the January framework.
The deal also includes a provision to extend the truce, with international and regional monitors overseeing implementation.
This follows earlier comments from Witkoff, who told CNN that a deal is “on the table” and urged Hamas to accept. He also dismissed a separate 70-day truce plan reported by Reuters, stating it did not reflect his proposal.
The ceasefire effort comes amid mounting international pressure to end the war, which has killed more than 53,977 Palestinians, mostly women and children, and injured over 122,000 since October 2023.
post production item
How Qi Card is digitising Iraq’s financial future at Scale
Highlights
- Qi’s nationwide reach – serving 12 million Iraqis, 600 merchants, 70,000 POS terminals
- Qi’s regional relevance, global impact
- Deeply committed to ensuring both my efforts & projects make a meaningful impact on people’s lives – says Chairman Bahaa Abdul Hadi
- Qi partnered with Ant International and launched SuperQi app - combining digital banking and lifestyle services
Dubai—On the conclusion day of the Seamless Fintech Middle East Forum, Qi Card, Iraq’s largest fintech company, took centre stage, presenting its pivotal role in transitioning the nation from a cash-dependent society to a digitally connected economy.
Chief Investment Officer Ahmed Khadum delivered a keynote titled “From Cash to Digital: How Iraq Built a Scalable Payment Ecosystem,” sharing insights on how Qi Card helped design and lead one of the Middle East’s most ambitious national fintech transformations.
Established in 2007 through a strategic public-private partnership between International Smart Card (ISC) and the Iraqi financial institutions, Qi Card has grown from a basic payment card into a wide-ranging financial services consortium.
“Our vision extends beyond Iraq — it is about serving broader communities and contributing to humanity at large. I am personally committed to ensuring that both my efforts and our projects make a meaningful impact on people’s lives.”, said Bahaa Abdul Hadi, the chairman and co-founder of the Qi Card, also known as the International Smart Card.
“Our next phase of expansion is focused on the UAE, where we are actively engaging with both public and private sector stakeholders. We are preparing to launch a range of initiatives spanning fintech, insurtech, logistics, and payments, along with several programs aimed at giving back to society,” Bahaa added.
Today, Qi Card serves more than 12 million Iraqis, including government employees, pensioners, private sector workers, and social service communities. Its key services span salary disbursements, personal loans, digital banking tools and biometric security.
“Our story is not just about technology — it’s about national resilience,” said Ahmed Khadum, Chief Investment Officer at Qi Card.
“We built this system during some of Iraq’s most difficult years, yet managed to extend it to every province. That’s the model we’re sharing in Dubai to the global community of financial technology — how to enable modern financial services under pressure, with purpose, and at scale,” Ahmed said.
Nationwide Reach
Qi Card operates a nationwide infrastructure of over 70,000 point-of-sale (POS) terminals and serves over 6,000 merchants. Since 2018, it has disbursed over $4 billion in loans to more than 800,000 citizens, supporting small businesses, healthcare needs, and household improvements. Emergency lending programmes, such as Salifni, ensure workers can access short-term funds even during public sector salary delays.
In 2024, Qi Card partnered with Ant International to launch the SuperQi app, combining digital banking and lifestyle services into a single platform. With features like scan-to-pay, peer transfers, bill payments, mobile recharge, and personal lending, SuperQi aims to serve 15 million users by 2026.
Regional Relevance, Global Impact
Qi Card’s journey speaks directly to other economies working to reduce cash dependency. Strategic alliances — with Mastercard, Visa, Western Union, and Ant Group — have helped broaden its functionality, enable secure cross-border transactions, and deepen financial access in unbanked communities.
As Iraq rebuilds and modernises its economic infrastructure, Qi Card remains at the forefront, championing financial accessibility, digital innovation, and long-term resilience. With a growing user base and a scalable, exportable model, Qi Card is positioned to lead not just Iraq’s digital future, but also to inspire similar progress in frontier markets across the region and beyond.
Iraqis' Fury Boils in Scorching Heat: Protests Ignite Over Power Cuts
.jpeg)
No comments:
Post a Comment