IRAQI DINAR POLITICS & ECONOMY

Legal expert: The House of Representatives has the right to extend its legislative session for 30 days to approve the budget schedules.

Legal expert: The House of Representatives has the right to extend its legislative session for 30 days to approve the budget schedules.

2025/05/09

Legal expert Ali Al Tamimi stressed on Friday the utmost importance of approving the financial budget schedules.
Al-Tamimi explained in a statement to Al-Furat News Agency that “Article 57 of the Iraqi Constitution stipulates an annual session for the Council of Representatives with two legislative chapters, but it excludes Read more…

Rafidain Bank opens its doors to pilgrims on Friday to save foreign currency.

Rafidain Bank opens its doors to pilgrims on Friday to save foreign currency.

5-9-2025

Information/Baghdad..
Rafidain Bank announced the opening of its branches dedicated to providing foreign currency to pilgrims on Friday. This is part of a special campaign to facilitate access to $2,000 for each pilgrim, at the official exchange rate approved by the Central Bank of Iraq of Read more…

Parliamentarian: Khor Abdullah is Iraqi and the government is obligated to protect sovereignty.

Parliamentarian: Khor Abdullah is Iraqi and the government is obligated to protect sovereignty.

5-9-2025

Information / Special..
MP Bassem al-Gharabi affirmed on Friday that the current government and the presidency are committed to preserving Iraq’s sovereignty and not relinquishing Khor Abdullah, emphasizing that this waterway has been Iraqi for decades.

Al-Gharabi told Al-Maalouma News Agency that “UN Security Council Resolution Read more…

The Iraqi parliament enters a two-month recess: sessions are absent, and laws have been suspended for six months.

The Iraqi parliament enters a two-month recess: sessions are absent, and laws have been suspended for six months.

2025-05-09 02:59

Shafaq News/ The Iraqi Parliament’s fifth session continues to be disrupted, with members absent for more than six months, according to members of parliament. This is despite numerous laws piling up in the chamber’s drawers awaiting a vote.

Although the House of Representatives announced it would hold its regular session last Tuesday, it decided to postpone it for half an hour due to a lack of quorum. It then decided to postpone it permanently for the same reason, a phenomenon Read more…

Ministry of Communications: Unification of telecommunications traffic from Al-Faw to Ibrahim Khalil in a historic agreement.

Ministry of Communications: Unification of telecommunications traffic from Al-Faw to Ibrahim Khalil in a historic agreement.

2025-05-09

The Iraqi Ministry of Communications announced Thursday, the signing of a new partnership contract with the Kurdish company, Dell Technology, officially authorized by the Kurdistan Region to route international telecommunications traffic through Iraq using the temporary transit method, in a move described as historic to unify the national telecommunications Read more…

Al-Sudani: Today, we are not only rebuilding Iraq, but we are also participating in reshaping the features of the Middle East.

Al-Sudani: Today, we are not only rebuilding Iraq, but we are also participating in reshaping the features of the Middle East.

5-8-2025

Al-Maalouma/Baghdad…
Prime Minister Mohammed Shia al-Sudani stressed on Thursday that the time has come to launch a unified Arab initiative, while noting that the development road project, which is nearing completion, can be a pillar for genuine Arab partnerships.
Prime Minister Mohammed Shia al-Sudani said Read more…

Al-Salami: Extending the legislative session is a priority for resolving important laws.

Al-Salami: Extending the legislative session is a priority for resolving important laws.

5-8-2025

Al-Maalouma/Baghdad…
Representative Haider Al-Salami confirmed on Thursday that an official request has been submitted to extend the current legislative term of the House of Representatives, with the aim of approving a set of important laws that have been postponed.
Al-Salami told Al-Maalouma News Agency, “Dozens of representatives signed Read more…

“Economic imbalance”… Iran is at risk of losing Iraq soon

“Economic imbalance”… Iran is at risk of losing Iraq soon

2025-05-08 07:49

Shafaq News/ The American Middle East Forum Institute has monitored the “economic imbalance” between Iraq and Iran, noting that the potential strategic repercussions of diminishing Iranian economic influence in Iraq in the coming period could leave Tehran vulnerable to losing Baghdad, as it is one of its last Read more…

Al-Sudani arrives in Ankara and considers the “Development Road” project an economic approach to confronting crises.

Al-Sudani arrives in Ankara and considers the “Development Road” project an economic approach to confronting crises.

2025-05-08 01:15

Shafaq News/ Prime Minister Mohammed Shia al-Sudani arrived in the Turkish capital, Ankara, on Thursday morning, on an official visit.

An official reception ceremony was held for Al-Sudani at the presidential palace in the Turkish capital, Ankara.

The Sudanese president was received by Read more…

Al-Sudani’s advisor to Shafaq News: Three factors behind the dollar’s decline in Iraq

Al-Sudani’s advisor to Shafaq News: Three factors behind the dollar’s decline in Iraq

2025-05-08 02:35

Shafaq News/ The financial and economic advisor to the Prime Minister, Mazhar Mohammed Salih, revealed on Thursday the reasons for the rise in the value of the dinar in the parallel exchange market against the dollar.

Saleh told Shafaq News Agency, “There are three main factors Read more…

Currency Market: The dollar continues to decline against the Iraqi dinar.

Currency Market: The dollar continues to decline against the Iraqi dinar.

2025-05-08

The US dollar exchange rate continued its decline against the Iraqi dinar on Thursday morning in local markets in the capital, Baghdad, and Erbil, the capital of the Kurdistan Region. The two main stock exchanges in Baghdad, Al-Kifah and Read more…

Khor Abdullah is a red line. Giving it up would destroy the Iraqi economy.

Khor Abdullah is a red line. Giving it up would destroy the Iraqi economy.

5-7-2025

Al-Maalouma/Exclusive..
Issam Shaker, a leader in the Coordination Framework, confirmed on Wednesday that the Khor Abdullah file is a red line, stressing that giving it up represents a direct threat to the Iraqi economy.
Shaker said in an interview Read more…

Abdul Latif: The Gulf Cooperation Council statement on Khor Abdullah is a blatant interference, and the government must respond immediately.

Abdul Latif: The Gulf Cooperation Council statement on Khor Abdullah is a blatant interference, and the government must respond immediately.

5-7-2025

Al-Maalouma/Baghdad..
Politician and former minister Wael Abdul Latif considered on Wednesday that the Gulf Cooperation Council’s statement demanding that Iraq recognize the Khor Abdullah Agreement, which was annulled by the Federal Court, is a blatant interference and belittling of the Iraqi government Read more…

The dinar is recovering. The dollar’s value in Iraq has fallen due to local measures.

The dinar is recovering. The dollar’s value in Iraq has fallen due to local measures.

5-7-2025

Information/Report…
Over the past few days, Iraqi markets have witnessed a significant decline in the dollar exchange rate against the dinar, following months of fluctuations and price increases that sparked public concerns and market turmoil.

Exchange offices and the local stock exchange in most Iraqi governorates recorded a decline in the dollar exchange rate against the Iraqi dinar Read more…

Rafidain Bank extends its working hours by two additional hours at its dollar-selling branches for pilgrims.

Rafidain Bank extends its working hours by two additional hours at its dollar-selling branches for pilgrims.

5-7-2025

Al-Maalouma/Baghdad..
On Wednesday, Rafidain Bank directed its branches designated for selling dollars to extend their daily working hours for an additional two hours to facilitate the receipt of foreign currency for pilgrims.
The bank’s media office said in a statement received Read more…

An Iraqi politician suggested to Al-Sudani that he invite Trump to the Baghdad summit.

An Iraqi politician suggested to Al-Sudani that he invite Trump to the Baghdad summit.

2025-05-07 04:54

Shafaq News/ Iraqi politician Mithal al-Alusi suggested on Wednesday to Prime Minister Mohammed Shia al-Sudani that he invite US President Donald Trump to attend the Arab Summit scheduled to be held in the capital, Baghdad, in the coming days.

Al-Alusi wrote in a post on X (formerly Twitter), “I call on the Sudanese government Read more…

Rafidain Bank achieves more than 2.6 trillion dinars in electronic collection settlements.

Rafidain Bank achieves more than 2.6 trillion dinars in electronic collection settlements.

2025-05-07

Rafidain Bank announced on Wednesday that it has achieved a qualitative leap in the volume of electronic collection settlements executed for government departments during the first third of 2025. This comes as part of its strategy to support digital transformation and enhance government Read more…

The Minister of Interior stresses the need to declare war on corruption.

The Minister of Interior stresses the need to declare war on corruption.

2025-05-07

Interior Minister Abdul Amir Al-Shammari stressed on Wednesday the need to declare war on corruption.

A statement from his office stated that Al-Shammari “chaired a conference for the Directorate of Personnel Security to review the first quarter of 2025, in the presence of a number of directors of this important Read more…

An Iraqi bank sets the “most expensive currency” to guarantee market leadership.

An Iraqi bank sets the “most expensive currency” to guarantee market leadership.

5-6-2025

An Iraqi bank affirmed on Tuesday its commitment to the principles of governance and transparency as a fundamental rule governing its financial transactions, adhering to strict standards. It identified what it described as the “most valuable currency” in this vital sector, Read more…

Al-Sudani directs to simplify banking procedures

Al-Sudani directs to simplify banking procedures

05/06/2025

Amid the economic and environmental challenges facing the country, Prime Minister Mohammed Shia al-Sudani focused his attention on Monday on two key issues: banking sector reform and water resources management.

During an expanded meeting with the chairmen of the boards of directors of Iraqi banks, Al-Sudani emphasized that all government Read more…