IRAQI DINAR POLITICS & ECONOMY

The largest oil reserve was discovered in central Iraq

The largest oil reserve was discovered in central Iraq

2025/01/21

The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.
The company’s general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, Read more…

Transport: Additional plans to improve Faw Port facilities and open new berths

Transport: Additional plans to improve Faw Port facilities and open new berths

2025/01/21

The Ministry of Transport revealed, on Tuesday, the additional plans it has put in place to improve the facilities of the Grand Faw Port and expand its capabilities, indicating that receiving the five berths of the project represents a step towards actual entry into the global trade and transport routes that pass through Read more…

Hantoush: Electronic payment reduces the cost of paper currency and supports economic transparency

Hantoush: Electronic payment reduces the cost of paper currency and supports economic transparency

1-21-2025

Information / Baghdad..
Researcher and specialist in financial and banking Mustafa Hantoush confirmed today, Tuesday, that electronic payment reduces the costs of paper currency and supports economic transparency.

Hantoush said in a statement to Al-Maalouma Agency, “There are major developments in the electronic payment sector in Iraq,” noting that Read more…

Report warns of US aircraft being subjected to intense Chinese bombing

Report warns of US aircraft being subjected to intense Chinese bombing

1-21-2025

Information/Translation..
A report by the American Hudson Institute warned, on Tuesday, that the lack of fortified aircraft shelters at American bases in the Asia-Pacific region and beyond may constitute a flaw in the conflict against China, which seeks to neutralize American air power.

The report, translated by Al-Maalomah Agency, stated that “while Beijing has doubled the total number of its hardened and unhardened shelters Read more…

The government sends a new draft budget and a political agreement to pass it in today’s session of parliament

The government sends a new draft budget and a political agreement to pass it in today’s session of parliament

2025-01-21 04:58

Shafaq News/ The representative of the State of Law Coalition, Firas Al-Maslamawi, revealed on Tuesday that the Iraqi Parliament received an amended copy of the draft amendment to the financial budget law from the Baghdad government, while he expected it to be Read more…

By a parliamentary decision.. Nour Zuhair, Raed Juhi and Haitham Al-Jubouri included in the general amnesty

By a parliamentary decision.. Nour Zuhair, Raed Juhi and Haitham Al-Jubouri included in the general amnesty

2025-01-21 06:48

Shafaq News/ Independent MP Yasser Al-Husseini revealed on Tuesday that the general amnesty law will include those involved in the “Deal of the Century” and other corrupt people.

Al-Hussaini told Shafaq News Agency, “The amendment to the general amnesty law that was approved in today’s parliament session includes the most corrupt people Read more…

Parliamentary movement to dismiss Al-Mashhadani in protest against the “single basket” voting mechanism

Parliamentary movement to dismiss Al-Mashhadani in protest against the “single basket” voting mechanism

2025-01-21 05:57

Shafaq News/ A number of members of the Iraqi Council of Representatives protested, on Tuesday, against the voting mechanism within the council that led to the passing of the three “controversial” laws.

Independent MP Saad Al-Tubi told Shafaq News Agency that today’s session was “politically capricious” and that voting on the three laws in one basket was “against Read more…

Prime Minister sends congratulatory message to Trump

Prime Minister sends congratulatory message to Trump

2025-01-21

The Prime Minister sent a congratulatory message to US President Donald Trump today, Tuesday, on the occasion of his assumption of office as President of the United States of America. The Prime Minister’s media office stated in a statement that “Prime Minister Mohammed Shia al-Sudani sent a congratulatory telegram Read more…

Prime Minister: Iraq is moving confidently towards reform and developing regional and international relations

Prime Minister: Iraq is moving confidently towards reform and developing regional and international relations

2025-01-21

Iraqi Prime Minister Mohammed Shia al-Sudani stressed today, Tuesday, that Iraq has a great uniqueness in dealing with issues of survival, noting that “the Iraqi is one of the most proud and self-confident personalities, and cannot be subject to anyone, whoever he may be,” indicating that “portraying our country as Read more…

Al-Marsoumi: Non-oil revenues are less than targeted and require activating collection

Al-Marsoumi: Non-oil revenues are less than targeted and require activating collection

1-20-2025

Information / Special..
Economic expert Nabil Al-Marsoumi confirmed today, Monday, that non-oil revenues in Iraq did not achieve the targeted level in the general budget, despite government statements about increasing them.

Al-Marsoumi said in a statement to Al-Maalouma Agency, “The government expected that non-oil revenues would reach 30 trillion dinars, but the actual figures Read more…

Al-Fath: Spying hotbeds operating throughout Iraq, and laxity towards them raises astonishment

Al-Fath: Spying hotbeds operating throughout Iraq, and laxity towards them raises astonishment

1-20-2025

Information/Special..
Today, Monday, the Al-Fatah Alliance warned of the danger of not detecting and dismantling spying hotbeds working for external parties and spread throughout Iraq.

Alliance member Ali Aziz told Al-Maalouma Agency, “There is espionage activity that extends from north to south in Iraq, and no treatment, monitoring or even talk Read more…

Masrour Barzani in Switzerland to participate in the Davos Forum

Masrour Barzani in Switzerland to participate in the Davos Forum

2025-01-20 00:16

Shafaq News/ The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, arrived in Switzerland on Monday to participate in the 55th session of the World Economic Forum in Davos, which is held this year under the slogan “Cooperation for the Smart Age.”

According to a statement issued by his office, Read more…

China in Iraq: A soft power that seizes oil with the approval of the “framework”

China in Iraq: A soft power that seizes oil with the approval of the “framework”

2025-01-20 01:16

Shafaq News/ The Dutch Clingendael Institute, which specializes in international affairs, highlighted the pillars of China’s soft power in Iraq, pointing out its limitations in terms of ties with the Kurdistan Region.

The report, translated by Shafaq News Agency, addressed the goals of Chinese influence, which focuses on securing energy sources of oil and gas, Read more…

Parliament demands that Al-Sudani refer officials to retirement

Parliament demands that Al-Sudani refer officials to retirement

2025-01-20 03:09

Shafaq News/ The House of Representatives submitted an official letter to Prime Minister Mohammed Shia al-Sudani, to refer officials, governors, and heads of agencies who have exceeded the legal age to retirement .

According to a document obtained by Shafaq News Agency, the council indicates Read more…

Kurdistan delegation in Baghdad.. Green light to solve all problems

Kurdistan delegation in Baghdad.. Green light to solve all problems

2025-01-20 02:12

Shafaq News/ Special sources revealed, on Monday, that there is a green light to resolve all the problems and issues pending between the Kurdistan Regional Government and the federal government.

The sources told Shafaq News Agency, “The Kurdistan Region delegation visiting Baghdad Read more…

MPs reveal reason for breaking quorum: Amending the budget law will cost the government $7.5 billion

MPs reveal reason for breaking quorum: Amending the budget law will cost the government $7.5 billion

2025-01-19

Representatives revealed the reason for breaking the legal quorum in the House of Representatives session Sunday, when presenting the voting paragraph on the draft amendment to General Budget Law No. 13 of 2023.

The Vice Chairman of the Investment Committee, Hussein Al-Saabari, said in a press conference, “The quorum was broken in Sundays session due to Read more…

Approved in 140 countries.. Iraq launches a unified accounting system with international standards

Approved in 140 countries.. Iraq launches a unified accounting system with international standards

1-19-2025

The Federal Supreme Audit Bureau has issued an updated “Unified Accounting System” in accordance with international standards in force in 140 countries. The system is currently being used in its trial version, and will be officially launched Read more…

Commission: Developing voting devices and photographing voters with special cameras at polling stations

Commission: Developing voting devices and photographing voters with special cameras at polling stations

2025/01/19

The Independent High Electoral Commission obtained the Prime Minister’s approval to develop the biometric devices and system.
The Director of the Operations Department at the Commission, Walid Khaled Abbas, said that “the development will include {servers} and adding biometric photos of voters for verification as an additional criterion, as the photo was Read more…

Advisor to Al-Sudani: The internal debt exceeds 80 trillion dinars and there is a plan to gradually extinguish it

Advisor to Al-Sudani: The internal debt exceeds 80 trillion dinars and there is a plan to gradually extinguish it

2025/01/19

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq’s internal debt exceeded 80 trillion dinars, while indicating that there is a well-thought-out plan to gradually extinguish it in coordination between the fiscal Read more…

Al-Akeili: America thwarted arms deals with Russia and China for Iraq

Al-Akeili: America thwarted arms deals with Russia and China for Iraq

1-19-2025

Information/Baghdad…
Political analyst Sabah Al-Akeili explained that the American side used its pressure cards to ensure that Iraq would not leave its cloak, noting that America worked to thwart Iraq’s arms deals with Russia and China.

Al-Akeili told Al-Maalouma, “America has made the Zionist entity the greatest power in the region, and has weakened Iraq’s military capabilities, such that if Read more…