IRAQI DINAR POLITICS & ECONOMY

The value of deposits in the Iraqi banking sector decreased by 10 trillion dinars

The value of deposits in the Iraqi banking sector decreased by 10 trillion dinars

2025-03-06 03:34

Shafaq News/ The “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations stated on Thursday that the Iraqi banking sector witnessed a noticeable decrease in the total value of deposits by 9% during the year 2024.

The institution indicated in a report today that the value of deposits “decreased from 133.5 trillion Iraqi dinars Read more…

Parliamentary Finance Committee warns of repercussions of delay in sending budget tables

Parliamentary Finance Committee warns of repercussions of delay in sending budget tables

3-5-2025

Information / Baghdad..
Member of the Parliamentary Finance Committee, Moeen Al-Kazemi, called on the Ministry of Finance, today, Wednesday, to expedite sending the current year’s budget tables to Parliament for approval.
Al-Kazemi said in a statement to / Al-Maalouma / agency, that “the Ministry of Finance sending the 2025 budget tables data to the Council of Ministers means Read more…

The American occupation creates new buildings inside the Assad base

The American occupation creates new buildings inside the Assad base

3-5-2025

Information/Anbar…
A security source in Anbar Governorate revealed on Wednesday that the  international coalition forces led by the United States have created new buildings for their forces inside the Ain al-Assad base building, west of Anbar.

The source told Al-Maalouma that “the US-led international coalition forces have created new buildings inside the Ain al-Assad Read more…

Al-Moussawi: Al-Kadhimi and his associates stole Iraq’s money and must be brought to justice

Al-Moussawi: Al-Kadhimi and his associates stole Iraq’s money and must be brought to justice

3-5-2025

Al-Maalouma / Baghdad ..
MP Mukhtar Al-Moussawi confirmed today, Wednesday, that Al-Kazemi and his close associates stole Iraq’s money and must be brought to justice.
Al-Moussawi said in a statement to / Al-Maalouma / agency, “Former Prime Minister Mustafa Al-Kazemi is trying to re-market himself Read more…

In the coming days.. Parliamentary expectations to resume the export of Kurdistan oil via Ceyhan

In the coming days.. Parliamentary expectations to resume the export of Kurdistan oil via Ceyhan

3-5-2025

Information / Baghdad..
Member of the Iraqi Council of Representatives Yahya Al-Muhammadi expected, on Wednesday, the resumption of oil exports from the Kurdistan Region via Ceyhan, Turkey, after it had been suspended for many months.
Al-Muhammadi said in a statement Read more…

Iraq increases its gold reserves by 10 tons

Iraq increases its gold reserves by 10 tons

2025-03-05 01:11

Shafaq News/ The World Gold Council announced on Wednesday that Iraq has increased its reserves of the precious metal by 10 tons.

According to the latest schedule published by the Council in March, Read more…

Expert points to ‘terrible backwardness’ in Iraqi oil sector

Expert points to ‘terrible backwardness’ in Iraqi oil sector

2025-03-05 02:31

Shafaq News/ Economic expert Nabil Al-Marsoumi warned on Wednesday of a “terrible backwardness” in the Iraqi oil sector, pointing to clear contradictions in the policy of importing and exporting oil products.

Al-Marsoumi said in a statement Read more…

Kurdistan oil export file.. “company expenses” hinder agreement between Baghdad and Erbil

Kurdistan oil export file.. “company expenses” hinder agreement between Baghdad and Erbil

2025-03-05 04:32

Shafaq News/ Informed sources reported on Wednesday that the mechanism for paying the expenses of production and transportation companies constitutes an obstacle to resuming the export of oil produced from the fields of the Kurdistan Region to the Turkish port of Ceyhan through the federal Read more…

Basra.. The first pieces of the “submerged tunnel” are lowered into Khor Al-Zubair

Basra.. The first pieces of the “submerged tunnel” are lowered into Khor Al-Zubair

2025-03-05 05:28

Shafaq News/ A source in the Iraqi ports confirmed, on Wednesday, that the Dutch company succeeded in lowering the first pieces of the submerged tunnel into the Khor Al-Zubair navigational channel, without any notable observations.

The source told Shafak News Agency, “The unloading process took place smoothly Read more…

Due to differences, talks to resume Kurdish oil exports postponed

Due to differences, talks to resume Kurdish oil exports postponed

3-4-2025

Al-Maalomah/Translation..
A report by Reuters revealed on Tuesday that, according to three sources, talks aimed at accelerating the resumption of oil exports from the Kurdistan Region of Iraq were postponed until Thursday due to disagreements over terms between Read more…

Maritime embargo on Iraq: International restrictions and weak maritime sovereignty due to delayed reforms

Maritime embargo on Iraq: International restrictions and weak maritime sovereignty due to delayed reforms

3-4-2025

Information / Baghdad..
Iraq faces an international maritime embargo due to its failure to comply with the standards set by the International Maritime Organization to regulate maritime traffic, which stipulate that ports should not be militarized. This has led to the imposition of strict restrictions on Iraqi ships, as ships flying the national flag are subject to immediate confiscation upon entering international waters, which has Read more…

MP accuses region of obstructing approval of oil and gas law

MP accuses region of obstructing approval of oil and gas law

3-4-2025

Al-Maalouma / Baghdad..
Member of the Parliamentary Oil, Gas and Resources Committee Nazim Al-Shabli accused the Kurdistan Region on Tuesday of obstructing the approval of the Oil and Gas Law, considering the law the spirit of the political process.
Al-Shabli said in a statement to / Al-Maalouma / agency, “The approval of the Oil and Gas Law Read more…

Ports: Completion of sonar networking operations at all border ports

Ports: Completion of sonar networking operations at all border ports

3-4-2025

Al-Maalouma / Baghdad..
The head of the Border Ports Authority, Omar Al-Waili, announced today, Tuesday, the completion of the networking operations of sonar devices in all border ports affiliated with the authority.
Al-Waili said in a statement received by /Al-Maalouma/ Agency, a copy of it, that “the authority has completed the operations of linking sonar devices to a single network in all its border ports.” He added Read more…

“Three New Controversial Laws”… A Crisis That May Emerge on the Iraqi Political Scene

“Three New Controversial Laws”… A Crisis That May Emerge on the Iraqi Political Scene

2025-03-04 05:05

Shafaq News/ Informed political sources revealed on Tuesday that differences have escalated between the active political forces of the three components (Shiites, Sunnis, and Kurds) regarding the service and retirement law for the Popular Mobilization Forces, and the oil and gas law, similar to what happened Read more…

Iraqi Oil: Chemchemal Field is the Largest and Cleanest Gas Field in the Country

Iraqi Oil: Chemchemal Field is the Largest and Cleanest Gas Field in the Country

2025-03-04 06:44

Shafaq News/ The Iraqi Undersecretary of the Ministry of Oil, Izzat Saber, confirmed on Tuesday that the Kurdistan Region has huge reserves of natural gas, noting that the Chamchamal field is the largest and most important gas field in Iraq, thanks to the purity of its gas, which reaches 97%.

Saber explained, Read more…

The Finance Committee expects the budget tables to reach Parliament in the middle of this month

The Finance Committee expects the budget tables to reach Parliament in the middle of this month

2025-03-04

The Finance Committee of the House of Representatives expected, on Tuesday, that the budget schedules will reach the parliament by the middle of this month, stressing the importance of completing job promotions after the parliament approves the schedules related to them. The head of the Finance Committee, Atwan Al-Atwani, explained that stopping deletions and innovations Read more…

MP: Washington directly supervises the financial system in Iraq

MP: Washington directly supervises the financial system in Iraq

3-3-2025

Information/Special..
Representative Mukhtar al-Moussawi confirmed today, Monday, that the United States directly supervises the financial system in Iraq, and is aware of the entire movement of money.
Al-Moussawi explained to Al-Maalouma that “the United States directly supervises the financial system in Iraq, and is fully aware of the movement of funds entering and exiting the country, which gives it broad economic influence Read more…

Mazhar Saleh: Geopolitical controls push towards shifting to official channels for currency trading

Mazhar Saleh: Geopolitical controls push towards shifting to official channels for currency trading

2025/03/03

Mazhar Muhammad Salih, the financial advisor to the Prime Minister, confirmed that the geopolitical controls imposed on informal trade contribute to expanding dealings with official outlets for foreign currency, which contributes to financing foreign trade through the sound international financial Read more…

Al-Bajari: Iraq pays money to raise the Jordanian flag on its ships due to international restrictions

Al-Bajari: Iraq pays money to raise the Jordanian flag on its ships due to international restrictions

3-3-2025

Al-Maalouma / Baghdad ..
The head of the Parliamentary Transport and Communications Committee, Zahra Al-Bajari, confirmed today, Monday, that Iraq pays money to raise the Jordanian flag on its ships due to international restrictions.
Al-Bajari said in a statement to / Al-Maalouma / agency, that “Iraq did not adhere to the international controls and standards set by the International Maritime Read more…

With a decisive decision.. Iraqi factions say no to Al-Sudani, and the latter reminds them of their fate

With a decisive decision.. Iraqi factions say no to Al-Sudani, and the latter reminds them of their fate

2025-03-03 00:46

Shafaq News/ Informed sources revealed, on Monday, that the Iraqi government has failed to oblige armed factions close to Iran to hand over their weapons and integrate into the official military establishment.

The sources told Shafaq News Agency, “The past period witnessed unannounced dialogues between government parties from the team of Prime Minister Read more…