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Iraqi Dinar Guru opinions 10-27-2026

Iraqi Dinar Guru opinions 10-27-2026

10-27-2026 Newshound Guru Jeff Article: “Currency reform before removing zeros: An economist tells Iraq Observer that the roadmap is to strengthen the value of the Iraqi dinar” This is a really good article…The next currency reform step is the…? Rate change… The rate has to change first, which is implementing currency reforms…which is code name for rate change, before removing zeros… Quote “Strengthening the value of the dinar and achieving broader financial stability (having your currency tradable, having it recognized internationally) must precede any decision to redenominate.” Read that carefully…Damn good article. Read more…

Al-Rafidain: Tomorrow is the start of applications for the second batch of electronic loans.

Al-Rafidain: Tomorrow is the start of applications for the second batch of electronic loans.

2026-10-27

Shafaq News – Baghdad
On Tuesday, Rafidain Bank announced the completion of the first batch of electronic loans for employees and retirees, after completing the procedures for their applications.

The bank indicated in a statement received by Shafaq News Agency that applications will be reopened at 8:00 AM on Wednesday to receive Read more…

A new operations room is being established in preparation for taking over the security file in the governorates.

A new operations room is being established in preparation for taking over the security file in the governorates.

2026-10-27

Shafaq News – Baghdad
On Tuesday, Ali Nahir, a member of the Parliamentary Security and Defense Committee, revealed that the House of Representatives held a dialogue session during which it hosted police leaders in all governorates not affiliated with the Kurdistan Region, to discuss security files and mechanisms for dealing with them.

Nahir told Shafaq News Agency that the Parliamentary Security and Defense Committee continues to support police commanders in order to establish security and stability, expressing his belief that the current police commanders are among the best commanders in the Ministry of Interior. Read more…

The Finance Committee will host the Central Bank Governor and the Minister of Finance this week to discuss budget financing.

The Finance Committee will host the Central Bank Governor and the Minister of Finance this week to discuss budget financing.

10-27-2026

The Parliamentary Finance Committee announced on Tuesday that it will host the Governor of the Central Bank and the Minister of Finance this week to discuss budget financing. It confirmed that customs exemptions for some materials will reduce budget financing, and that it is looking for alternatives. The head of the Parliamentary Finance Committee, Uday Awad, stated in a statement to the Iraqi News Agency (INA): “The committee discussed with the Director General of the Customs Authority, during his hosting, Read more…

Al-Dulaimi: The government withdrew the Popular Mobilization Forces law under American pressure before referring it to parliament.

Al-Dulaimi: The government withdrew the Popular Mobilization Forces law under American pressure before referring it to parliament.

10-27-2026

Information/Anbar
On Monday, Mohammed al-Dulaimi, a leader in the Anbar Alliance, revealed that the central government withdrew the Popular Mobilization Forces Law before it was presented to the House of Representatives for ratification of its clauses, following American pressure, and postponed the voting process indefinitely. Read more…

Mosul Dam reservoir at its best level in five years

Mosul Dam reservoir at its best level in five years

10-27-2026

Information/Nineveh…
Informed sources revealed on Tuesday that the releases from the Mosul Dam into the Tigris River basin have remained stable for the third consecutive day, denying reports that the releases had been increased to 800 cubic meters per second. Read more…

Al-Moussawi: The extension of the legislative session was intended to finalize the vote on all budget items.

Al-Moussawi: The extension of the legislative session was intended to finalize the vote on all budget items.

10-27-2026

Information/Baghdad…
Member of Parliament Jassim al-Moussawi confirmed on Tuesday that the decision to extend the parliamentary session was aimed at completing the voting on all articles and clauses of the federal budget law. He pointed out that the current stage requires a swift resolution of this issue to address the outstanding needs of citizens. Read more…

Al-Zaydi directs the acceleration of the completion of the basic designs for the new cities.

Al-Zaydi directs the acceleration of the completion of the basic designs for the new cities.

2026-10-27

Shafaq News – Baghdad
On Tuesday, Prime Minister Ali Faleh al-Zaidi directed that the basic designs for the new cities scheduled to be launched be completed quickly.

The Prime Minister’s Media Office stated, as reported by Shafaq News Agency, that Al-Zaydi chaired a meeting dedicated to following up on the procedures for implementing the new cities in Baghdad and the governorates, Read more…

Iraq: Barley production rises 72.3% to reach 1.12 million tons

Iraq: Barley production rises 72.3% to reach 1.12 million tons

2026-10-27

Shafaq News – Washington
Iraq’s barley production is projected to rise to 1.12 million tons during the 2025-2026 agricultural season, compared to 650,000 tons in the previous season, an increase of 470,000 tons, representing a growth rate of 72.31%, according to data from the US Department of Agriculture. Read more…

Integrity Commission: 8-year prison sentence for the Director General of the Oil Products Distribution Company and ordering him to repay 55 billion dinars

Integrity Commission: 8-year prison sentence for the Director General of the Oil Products Distribution Company and ordering him to repay 55 billion dinars

2026-10-27

Shafaq News – Baghdad
The Federal Integrity Commission announced on Tuesday that a verdict was issued in absentia sentencing Hussein Talib, the Director General of the Oil Products Distribution Company, to eight years in prison for benefiting from contracts and agreements in the Northern Refineries Company, and obligating him to return the amount of benefit, which is (55) billion dinars. Read more…

The Federal Court issues a ruling overturning a previous decision that prohibited non-Iraqis from owning and investing in property.

The Federal Court issues a ruling overturning a previous decision that prohibited non-Iraqis from owning and investing in property.

2026-10-27

Shafaq News – Baghdad
The Federal Supreme Court (the highest judicial authority in Iraq) ruled on Tuesday that a decision by the (dissolved) Revolutionary Command Council to suspend the implementation of laws and decisions that prevent non-Iraqis from owning and investing their money in companies within Iraq was unconstitutional. Read more…

Qatar calls on Iran to stop its threats and open the Strait of Hormuz to ensure the success of mediation efforts.

Qatar calls on Iran to stop its threats and open the Strait of Hormuz to ensure the success of mediation efforts.

2026-10-27

Shafaq News – Doha
On Tuesday, the Qatari Ministry of Foreign Affairs called on Iran to demonstrate good faith, cease its threats against the Gulf states, and reopen the Strait of Hormuz, stressing that these steps are essential for the success of mediation efforts aimed at de-escalating tensions and ending the crisis between Washington and Tehran through peaceful means. Read more…

Security source: Two spy drones shot down in the airspace of Baghdad’s Green Zone

Security source: Two spy drones shot down in the airspace of Baghdad’s Green Zone

2026-10-27

Shafaq News – Baghdad
A security source reported on Tuesday that the air defense system of the US Embassy successfully intercepted and destroyed two drones in the airspace of the fortified Green Zone in central Baghdad.

The source confirmed to Shafaq News Agency that “the two aircraft were not booby-trapped but reconnaissance aircraft, and parts of their scattered wreckage fell in areas close to the Green Zone.” Read more…

The Mecca-Tehran Alliance: Motives and Strategic Messages

The Mecca-Tehran Alliance: Motives and Strategic Messages

10-27-2026

Iyad Al-Anaz
International, regional, and Arab attention was focused on the significant development represented by the visit of the tripartite delegation from the countries of the Mecca Agreement to Iran on October 26, 2026. The delegation included Saudi Defense Minister Prince Khalid bin Salman, Pakistani Army Chief Asim Munir, and Turkish Intelligence Chief Ibrahim Kalin. This joint visit and diplomatic move was of paramount importance Read more…

Central Bank: Iraq’s reserves have recovered by approximately $80 billion, and Al-Zidi is monitoring the arrival of shipments.

Central Bank: Iraq’s reserves have recovered by approximately $80 billion, and Al-Zidi is monitoring the arrival of shipments.

10-27-2026

The Central Bank of Iraq confirmed on Tuesday that Iraq’s dollar reserves have recovered to approximately $80 billion during September and October, reassuring citizens about the availability of cash dollars. The bank indicated that new shipments are expected to arrive in the country in the coming days. Mahmoud Daghir, advisor to the governor of the Central Bank of Iraq and the bank’s spokesperson, told the official news agency that “total dollar reserves, Read more…

Iraqi Dinar Guru opinions 10-26-2026

Iraqi Dinar Guru opinions 10-26-2026

10-26-2026 Newshound Guru Jeff They’re going to create a lot of jobs and have a prosperous thriving economy, simply by increasing the exchange rate and going international…We’re in a really good spot. The fact that they extended their legislative term by 30 days through December 1st is very good. It keeps all the doors open…so they can get the budget done, so they can get the rate changed. This is exactly what we needed to see. Read more…

Al-Dulaimi reveals an American request to close 17 border crossings with Iran.

Al-Dulaimi reveals an American request to close 17 border crossings with Iran.

10-26-2026

Information/Baghdad…
Anbar Alliance member Ahmed Abdullah al-Dulaimi revealed on Monday that the Trump administration had secretly requested Prime Minister Ali Faleh al-Zaidi to close 17 border crossings between Iraq and Iran used for trade, in a move to economically strangle Iran through Iraq.
Al-Dulaimi told the Information Agency, “The Trump administration asked Prime Minister Ali Faleh al-Zaidi to close 17 border crossings with Iran Read more…

What is the relationship between the leave law and the conditions of the International Monetary Fund?

What is the relationship between the leave law and the conditions of the International Monetary Fund?

10-26-2026

Information/Special…
Former Minister Wael Abdul Latif confirmed on Monday that the economic crisis Iraq is experiencing, with its worsening budget deficit and heavy reliance on oil revenues, presents the government with increasing challenges in securing its financial obligations. This comes as the government moves towards borrowing from the International Monetary Fund (IMF), raising concerns about the loan’s associated procedures. Read more…

Al-Zidi discusses investment opportunities with Iraqi businessmen in Jordan

Al-Zidi discusses investment opportunities with Iraqi businessmen in Jordan

2026-10-26

Shafaq News – Amman
Prime Minister Ali Faleh al-Zaidi met this evening, Monday, in the Jordanian capital Amman, with a group of Iraqi businessmen and investors in various economic and commercial sectors to discuss investment opportunities in Iraq.

According to a statement received by Shafaq News Agency, Al-Zaydi reviewed a number of policies and procedures adopted by the Iraqi government in the field of enhancing the investment climate and attracting capital to contribute to national development. Read more…

Al-Zaidi oversees the signing of 9 memoranda of understanding in Jordan

Al-Zaidi oversees the signing of 9 memoranda of understanding in Jordan

2026-10-26 07:56

Shafaq News – Amman
On Monday, Iraqi Prime Minister Ali Faleh al-Zaidi and Jordanian Prime Minister sponsored the signing ceremony of nine memoranda of understanding and executive programs.

According to a statement issued by the Prime Minister’s Media Office and received by Shafaq News Agency, the ceremony included the signing of a memorandum of understanding for cooperation in the field Read more…