IRAQI DINAR POLITICS & ECONOMY

MP: Approving the Oil and Gas Law is the best solution to stop the smuggling of the region’s oil

MP: Approving the Oil and Gas Law is the best solution to stop the smuggling of the region’s oil

2-9-2025

Al-Maalouma / Special ..
The head of the Ajyal parliamentary bloc, MP Mohammed Al-Sayhoud, called on Sunday for political forces to pressure to give priority to the approval of the oil and gas law, especially since the problem between the government and the region was resolved after voting Read more…

Senator opposes Trump’s decision to stop funding ‘Sesame Street’ in Iraq

Senator opposes Trump’s decision to stop funding ‘Sesame Street’ in Iraq

2025-02-09 01:02

Shafaq News/ Democratic Senator Chris Coons defended the US government’s decision to spend $20 million on producing “Sesame Street” in Iraq, stressing the crucial role the program played in promoting Read more…

Al-Sudani: The door is open for Kuwait to enter into development projects

Al-Sudani: The door is open for Kuwait to enter into development projects

2025-02-09 02:30

Shafaq News/ Prime Minister Mohammed Shia Al-Sudani called on Sunday on the State of Kuwait to invest in vital development road projects in Iraq.

This came during his meeting today in Baghdad with the Kuwaiti Ambassador Read more…

Iraq advances one place in global gold reserves

Iraq advances one place in global gold reserves

2025-02-09 00:33

Shafaq News/ The World Gold Council announced on Sunday that Iraq has advanced one rank in the ranking of countries that hold the most gold in the world.

According to the latest table published by the Council in February, which Shafaq News Agency reviewed, Iraq ranked Read more…

“In preparation for any emergency” .. The State Administration meets again to discuss internal and regional files

“In preparation for any emergency” .. The State Administration meets again to discuss internal and regional files

2025-02-09 01:07

Shafaq News/ The “State Administration” coalition will hold a meeting this evening, Sunday, to discuss three important files related to security, the economy, and the changes in the region and their consequences.

An informed source explained to Shafaq News Agency that the political forces within the State Administration Coalition, which requested to postpone Read more…

Al-Sudani: Corruption has become like a virus, “mutating and adapting itself”

Al-Sudani: Corruption has become like a virus, “mutating and adapting itself”

2025-02-09

Under the patronage of Prime Minister Mohammed Shia Al-Sudani, the Internal Control Conference, organized by the Financial Supervision Bureau, was inaugurated Saturday (February 8, 2025), under the slogan “Control is the first line of defense in combating corruption and enhancing transparency.”

A statement by Al-Sudani’s media office stated that Al-Sudani said, Read more…

North Oil Restores Life to 35 Oil Wells That Stopped Production

North Oil Restores Life to 35 Oil Wells That Stopped Production

2025-02-08 07:09

Shafaq News/ A source in the North Oil Company reported on Saturday that production has been resumed in 35 wells of the Jambur oil field in Kirkuk, while confirming that the North Oil Company is awaiting the British BP Company’s project for the company’s development work after completing Read more…

The Central and Southern Front confirms the continuation of challenging the passing of the budget

The Central and Southern Front confirms the continuation of challenging the passing of the budget

2-8-2025

Information / Baghdad..
Representative of the Central and Southern Front, Hussein Al-Saabari, confirmed today, Saturday, that the political consensus between the government and the blocs imposed the passage of the budget amendment within the House of Representatives.

Al-Saabari told Al-Maalouma Agency, “The Central and Southern Front continues Read more…

Between oil smuggling and salary theft… the Barzani family continues to plunder the region’s wealth

Between oil smuggling and salary theft… the Barzani family continues to plunder the region’s wealth

2-8-2025

Information / Baghdad ..
Despite the federal government’s commitment to sending the salaries of the Kurdistan Region’s employees, the regional government has not disbursed these dues to its employees, which has sparked widespread public anger.
While thousands of employees suffer from delayed salaries, the regional government continues to monopolize Read more…

MP talks about the progress of the Oil and Gas Law

MP talks about the progress of the Oil and Gas Law

2-8-2025

Information/Special..
Former MP Ahmed Hama confirmed today, Saturday, that the political forces are finding it difficult to reach an agreement on the oil and gas law.

Hama said in an interview with Al-Maalouma Agency, “The oil and gas law has been in the House of Representatives since 2007, but no formula has been reached Read more…

Stable outlook for Iraq’s credit rating for local and foreign operations

Stable outlook for Iraq’s credit rating for local and foreign operations

2025-02-08

Shafaq News/ Standard & Poor’s credit rating agency maintained Iraq’s credit rating for local and foreign currencies for the long and short term at “B-/B” with a stable outlook.

This came as Iraq’s foreign exchange reserves continued to exceed Read more…

Iraqi Parliament: Halting Kurdistan oil exports cost the treasury 13 trillion dinars

Iraqi Parliament: Halting Kurdistan oil exports cost the treasury 13 trillion dinars

2025-02-08 04:12

Shafaq News/ The Finance Committee of the Iraqi Council of Representatives estimated, on Saturday, the financial losses resulting from the suspension of oil exports from the Kurdistan Region, for about two years.

The deputy head of the committee, Ikhlas al-Dulaimi, told Shafaq News Agency, “Stopping the export of oil from the Kurdistan Region has caused a huge loss Read more…

Statement from the Iranian Gas Company on Trump’s cancellation of Iraq’s exemption from importing Iranian gas

Statement from the Iranian Gas Company on Trump’s cancellation of Iraq’s exemption from importing Iranian gas

2025-02-08

The National Iranian Gas Company commented on the information circulating about Trump canceling the exemption for Iraq from importing Iranian gas, indicating that there is a long-term contract with Iraq to supply gas, and that the sanctions may include other forms Read more…

National Security Advisor: We agreed with Washington to end the coalition mission in September 2026

National Security Advisor: We agreed with Washington to end the coalition mission in September 2026

2025/02/07

National Security Adviser, Qasim Al Araji, confirmed the agreement with Washington to end the mission of the international coalition in September 2026.
The Commander-in-Chief of the Armed Forces, Prime Minister Mohammed Shia al-Sudani, confirmed in a press statement yesterday, “We have reached an agreement Read more…

Complex networks and methods of smuggling dollars from Iraq to Iran.. American report reveals the details

Complex networks and methods of smuggling dollars from Iraq to Iran.. American report reveals the details

2025-02-07 | 02:47

SumerianNews – Economy
An American report stated that Numbers Massive Central Bank Auctions Iraqi In selling hard currency, it raises doubts and concerns about the possibility of smuggling a large part of the currency to Iran.

The report stated that “the Central Bank’s currency sales amounted to more than Read more…

Economist points to imbalance in bank interest rates for investment loans

Economist points to imbalance in bank interest rates for investment loans

2-7-2025

Information/Baghdad…
Economic expert Diaa Al-Mohsen pointed out, on Friday, a defect in bank interest rates for investment and personal loans due to their rates rising to more than 50 percent.

Al-Mohsen told Al-Maalouma, “The government continues to grant investment and personal loans, but the problem does not lie in their number, but in the high interest Read more…

Al-Sudani asks the Trump administration to continue granting Iraq an exemption from importing Iranian gas

Al-Sudani asks the Trump administration to continue granting Iraq an exemption from importing Iranian gas

2025-02-07

Shafaq News/ Prime Minister Mohammed Shia al-Sudani called on Friday on the administration of US President Donald Trump to continue exempting Iraq from importing Iranian gas after the decision to cancel it.

US President Donald Trump recently cancelled the exemption Read more…

Al-Sudani: We are not subjected to any external pressures or dictates, and the import of gas from Iran will continue until 2028

Al-Sudani: We are not subjected to any external pressures or dictates, and the import of gas from Iran will continue until 2028

2025-02-07

Prime Minister Mohammed Shia al-Sudani announced on Thursday that Iraq will end gas imports from Iran by 2028, while noting that the Iraqi government has a good relationship with Iran and America and we are not exposed to any external pressures or Read more…

Iraq, World Bank discuss continued joint work to enhance economic stability

Iraq, World Bank discuss continued joint work to enhance economic stability

2-6-2025

Information/Baghdad..
The Ministry of Finance and the World Bank agreed, today, Thursday, to continue coordination and joint work to enhance economic stability in the country.

The ministry stated in a statement received by Al-Maalouma Agency, that “Taif Sami received today the World Bank representative in Iraq, Emmanuel Salinas, Read more…

Iraq is close to achieving a major achievement in international trade

Iraq is close to achieving a major achievement in international trade

2025-02-06 | 05:43

Announced International Federation For land transport (IRU), today, Thursday, readiness Iraq To carry out the first historic transport operation via the international road transport system (TIR), in a historic step towards enhancing Read more…