IRAQI DINAR POLITICS & ECONOMY

Counterfeit currency and ‘unmarked’ gold dealers busted in Iraq

Counterfeit currency and ‘unmarked’ gold dealers busted in Iraq

2025-03-03 05:25

Shafaq News/ The National Security Service announced, on Monday, the arrest of promoters of counterfeit currencies and traders of “unmarked” gold in Baghdad and the provinces of Dhi Qar and Diwaniyah.

The agency said in a press statement received by Shafaq News Agency, “Two suspects were arrested in Baghdad in the Al-Baladiyat area, who were promoting counterfeit local and foreign currencies. 3,400 counterfeit US dollars in 100-dollar Read more…

Iraq carries out the first historic international land transport operation

Iraq carries out the first historic international land transport operation

2025-03-02 02:38

Shafaq News/ The Iraqi Ministry of Transport announced, on Sunday, that Iraq received the first experimental flight in coordination with the International Road Transport Union (IRU) via the (TIR) ​​system.

The Ministry’s media office quoted the Director General of the General Company for Land Transport, Read more…

Financial and Economic Measures.. Iraqi Finance Ministry Announces Results of its Meeting with the International Monetary Fund

Financial and Economic Measures.. Iraqi Finance Ministry Announces Results of its Meeting with the International Monetary Fund

2025-03-02 05:36

Shafaq News/ The Iraqi Ministry of Finance announced, on Sunday, the results of its meetings with the International Monetary Fund, indicating an agreement to intensify efforts to expand cooperation with foreign correspondent banks, while the IMF stressed the importance of developing the banking sector.

The ministry stated in a statement Read more…

IMF expects Iraq’s non-oil economy to continue growing at 3.5% in 2025

IMF expects Iraq’s non-oil economy to continue growing at 3.5% in 2025

2025/03/02

The Iraqi delegation concluded its meetings with the International Monetary Fund in Amman during the period from February 24 to 26, 2025, with the participation of the Minister of Finance, Taif Sami Muhammad, and the Governor of the Central Bank of Iraq. Iraq’s economic performance and prospects for sustainable growth were discussed, amid appreciation for the progress Read more…

Iraq achieves self-sufficiency in liquefied gas and begins exporting surplus

Iraq achieves self-sufficiency in liquefied gas and begins exporting surplus

3-2-2025

Al-Maalouma/Baghdad …
The Ministry of Oil confirmed, on Sunday, achieving self-sufficiency in liquefied gas, and exporting the surplus to foreign markets.
A statement by the ministry received by /Al-Maalouma/ agency stated that “Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, visited Read more…

To end violations.. Parliamentary demands to amend the security agreement with Washington

To end violations.. Parliamentary demands to amend the security agreement with Washington

3-2-2025

Al-Maalouma/Anbar..
Member of the Council of Representatives, Ibtisam Al-Hilali, demanded today, Sunday, to make fundamental amendments to the American agreement in light of Iraq’s security and economic recovery and its lack of need for foreign forces.
In a statement to / Al-Maalouma / agency, Al-Hilali said, “There is consensus Read more…

The dollar records a significant decline in the local market

The dollar records a significant decline in the local market

2025-03-02

Today, Sunday, the exchange rates of the US dollar witnessed a decline in the markets of the capital, Baghdad, and in Erbil, the capital of the Kurdistan Region, with the opening of the stock exchange in the country, as the dollar prices decreased in the Al-Kifah and Al-Harithiya stock exchanges to record Read more…

Economist: Doubts surround approval of 2025 budget schedules due to elections

Economist: Doubts surround approval of 2025 budget schedules due to elections

2025/03/01

Economic expert Abdul Rahman Al Mashhadani said today, Saturday, that doubts surround the approval of the 2025 budget schedules in Iraq, due to the approaching date of the elections this year.
Al-Mashhadani explained in his interview with {Euphrates News} that “the elections may affect the approval of the budget to avoid Read more…

With more than 15 thousand spectators… Basra hosts a global race for modified cars

With more than 15 thousand spectators… Basra hosts a global race for modified cars

2025-03-01 04:43

Shafaq News/ Basra Governorate hosted an international race for modified cars (Drake Race Iraq Season 3) with the participation of more than 70 cars designed with high-speed engines, competing at 4 levels according to an international arbitration committee under the supervision of the International Federation Read more…

Iraqi Interior Ministry stops granting entry visas at the airport to citizens of America, the European Union and Asian countries

Iraqi Interior Ministry stops granting entry visas at the airport to citizens of America, the European Union and Asian countries

2025-03-01 04:41

Shafaq News/ The Iraqi Ministry of Interior announced, on Saturday, the suspension of granting entry visas to citizens of the United States of America, Europe, and some other Asian countries.

The ministry said in an official letter addressed to the airline offices at Baghdad International Airport, Read more…

Iran grants Iraq temporary permits to import gas to secure its needs

Iran grants Iraq temporary permits to import gas to secure its needs

2025-03-01

The CEO of the National Iranian Gas Company and Iran’s Deputy Oil Minister, Saeed Tavakoli, announced today, Saturday, that Iraq will obtain temporary permits to import Iranian gas. Tavakoli said in press statements that “Iraq always obtains temporary permits to import Iranian gas so that it can secure Read more…

PM’s financial adviser: Central bank digital currency will boost transparency, improve national payments

PM’s financial adviser: Central bank digital currency will boost transparency, improve national payments

2025-03-01

The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, stated today, Saturday, that issuing a digital currency for the Central Bank will be an important step towards enhancing transparency and achieving a qualitative leap in the national payments system. Saleh stated, Read more…

Arab countries announce Saturday as the first day of Ramadan

Arab countries announce Saturday as the first day of Ramadan

2025-02-28 07:15

Shafaq News/ With the start of the Ramadan crescent sighting in most Islamic countries, today, Friday, Arab countries have already announced the date of the first day of the holy month .

The Sultanate of Oman announced that Saturday is the first day of the holy month Read more…

“From Safe Internet to Smart Systems” Iraq Enters the Digital Revolution Era with Steady Steps

“From Safe Internet to Smart Systems” Iraq Enters the Digital Revolution Era with Steady Steps

2025/02/28

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq is moving steadily towards achieving a major digital renaissance, based on a set of foundations that support this trend.
Saleh explained to {Euphrates News} agency, “The most prominent of these Read more…

In a farewell message, the British Ambassador: Iraq is currently in its best condition since the seventies of the last century

In a farewell message, the British Ambassador: Iraq is currently in its best condition since the seventies of the last century

2025/02/28

The British Ambassador to Iraq, Stephen Hitchcock, sent a message to the Iraqis on the occasion of the end of his duties.
“Dear Iraqis, I will be leaving your beloved country in a few days, and I would like to express my deep gratitude for your friendship and hospitality over the past two Read more…

Politician calls on Al-Sudani to bring Al-Kadhimi to justice on corruption charges

Politician calls on Al-Sudani to bring Al-Kadhimi to justice on corruption charges

2-28-2025

Information/Anbar..
On Monday, the leader of the Unified Anbar Alliance, Abdul Sattar al-Dulaimi, called on Prime Minister Mohammed Shia al-Sudani to bring Mustafa al-Kadhimi to justice on charges related to corruption and Read more…

Analysis detailing the reasons for the fluctuations in the exchange rate of the Iraqi dinar against the dollar over 21 years

Analysis detailing the reasons for the fluctuations in the exchange rate of the Iraqi dinar against the dollar over 21 years

2025-02-28 02:04

Shafaq News/ The “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations attributed, on Friday, the reasons for the fluctuations in the exchange rate of the dinar against the US dollar in the parallel market over more than two decades in the country to internal and external factors.

This came according to an analysis issued by the institution, in which it explained Read more…

After calling for cutting funding to Baghdad, US representative: Let’s make Iraq great again

After calling for cutting funding to Baghdad, US representative: Let’s make Iraq great again

2025-02-28 04:45

Shafaq News/ US Republican Representative Joe Wilson called for “making Iraq great again” and stopping Iran’s control over it, after his previous calls to stop funding Iraq, according to the American Fox News channel.

The American report, which Read more…

Ministry of Oil: Iraq to announce re-export of Kurdistan oil via SOMO within hours

Ministry of Oil: Iraq to announce re-export of Kurdistan oil via SOMO within hours

2025-02-28

Oil Minister Hayan Abdul-Ghani said on Friday that Iraq will announce in the coming hours the start of exporting the region’s oil through the State Oil Marketing Organization (SOMO). The Ministry of Oil said in a statement that “Deputy Prime Minister for Energy Affairs Read more…

Ministry of Transport: Implementing the requirements for lifting the air ban in Europe

Ministry of Transport: Implementing the requirements for lifting the air ban in Europe

2025-02-28

The Ministry of Transport confirmed, today, Friday, its continuation in implementing the requirements of the International Air Transport Association (IATA) to lift the air ban in Europe, as the ministry’s spokesman, Maitham Al-Safi, stated in a statement to the official agency, that “the ministry is continuing to implement the safety requirements of the International Air Transport Association (IATA), Read more…