IRAQI DINAR POLITICS & ECONOMY

Al-Sudani calls on the Arab Monetary Fund to support Iraqi projects

Al-Sudani calls on the Arab Monetary Fund to support Iraqi projects

2025-01-23 01:14

Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia al-Sudani expressed his government’s aspiration for more cooperation with the Arab Monetary Fund through its contribution to financing the reconstruction and development campaign, especially in the field Read more…

Iraq’s oil exports exceed 100 million barrels in a month

Iraq’s oil exports exceed 100 million barrels in a month

2025-01-23 04:06

Shafaq News/ The Ministry of Oil announced, on Thursday, the total oil exports achieved for the month of December 2024, which exceeded 100 million barrels of crude.

According to the statistics issued by the State Oil Marketing Company (SOMO) and published by the Ministry in a statement today, Read more…

President of the Republic from Davos: Iraq is working to enhance the role of investment and the private sector

President of the Republic from Davos: Iraq is working to enhance the role of investment and the private sector

2025-01-23 06:25

Shafaq News/ President of the Republic Abdul Latif Jamal Rashid stressed on Thursday, during his meeting with the President of the World Economic Forum, that Iraq is working to enhance the role of investment and the private sector through legislative and executive facilities.

The media office of the President of the Republic said in a statement Read more…

Al-Sudani: We are working to build a stable institutional relationship with Washington

Al-Sudani: We are working to build a stable institutional relationship with Washington

01/22/2025

President of the Republic Abdul Latif Jamal Rashid and Prime Minister Mohammed Shia Al-Sudani congratulated Donald Trump on the occasion of his swearing-in as President of the United States. A statement received by “Al-Sabah” stated that “the President of the Republic expressed in a post on the (X) application, “his wishes for President Trump to succeed and succeed Read more…

Foreign Ministry welcomes reclassification of Iraq as a security state and invites 8 countries

Foreign Ministry welcomes reclassification of Iraq as a security state and invites 8 countries

2025/01/22

The Ministry of Foreign Affairs welcomed, on Tuesday, the decision of the United Kingdom to reduce the security level classification in Iraq.

The ministry said in a statement received by {Euphrates News} a copy of it, “The Ministry of Foreign Affairs welcomes the decision of the United Kingdom to reclassify the security level in Iraq, and considers this step an important Read more…

Expert: 70% of Iraq’s remittances are controlled by Jordanian and Gulf banks

Expert: 70% of Iraq’s remittances are controlled by Jordanian and Gulf banks

1-22-2025

Information / Special..
Economic expert Ahmed Abdel Rabbo confirmed today, Wednesday, that Jordanian and Gulf banks control more than 70% of financial transfers in Iraq, noting that the dollar is delivered to only four Jordanian and Gulf companies.

Abdul Rabbo said in a statement to Al-Maalouma Agency, “Jordanian banks did not provide any real services to Iraq,” adding that “closing the dollar selling platform Read more…

Al-Sudani’s advisor: Iraq has become a safe environment for attracting foreign investments

Al-Sudani’s advisor: Iraq has become a safe environment for attracting foreign investments

1-22-2025

Information/Baghdad…
The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Salih, confirmed that Iraq has become a safe environment for attracting foreign investments.

Saleh told the official newspaper that “moving to the red list is an indication of Read more…

Parliamentary Finance on Oil Revenues: Kurdistan Has Not Handed Over Anything to Baghdad

Parliamentary Finance on Oil Revenues: Kurdistan Has Not Handed Over Anything to Baghdad

1-22-2025

Information/Baghdad…
Member of the Finance Committee, Mustafa Al-Karawi, confirmed that the Kurdistan Region did not hand over any of the oil revenues to the central government in Baghdad.

Al-Karawi said in a televised interview followed by Al-Maalouma Agency, “The region is not committed to handing over non-oil revenues and Read more…

MP: 100 signatures to dismiss Al-Mashhadani and Nour Zuhair will be released with amnesty without settlement

MP: 100 signatures to dismiss Al-Mashhadani and Nour Zuhair will be released with amnesty without settlement

1-22-2025

Information/Special..
MP Mukhtar al-Moussawi confirmed today, Tuesday, that he had collected more than 100 signatures to dismiss Parliament Speaker Mahmoud al-Mashhadani because he passed the general amnesty law without the approval of 80 percent of the representatives, pointing out that political blocs are seeking to Read more…

Parliamentary Integrity: The Ministry of Planning’s delay in announcing the results of the population census raises doubts about it

Parliamentary Integrity: The Ministry of Planning’s delay in announcing the results of the population census raises doubts about it

2025-01-22 05:27

Shafaq News/ Member of the Parliamentary Integrity Committee, Hamid Al-Shiblawi, revealed on Wednesday that the Ministry of Planning hosted the undersecretaries and general managers to discuss the delay in announcing the final results of the population census, in addition to the reconstruction fund projects in the governorates.

Al-Shiblawi told Shafaq News Agency, “The committee Read more…

Allawi attacks the “Civil Status and Amnesty” laws and criticizes the passage of laws in a “single basket”

Allawi attacks the “Civil Status and Amnesty” laws and criticizes the passage of laws in a “single basket”

2025-01-22 04:48

Shafaq News/ The Secretary-General of the National Accord Party, Iyad Allawi, criticized on Wednesday the passing of laws by the Iraqi parliament in “one basket”, while he objected to the laws amending the Personal Status Law and the General Amnesty, describing them as “a blow to Read more…

Prime Minister issues new directive on development road project

Prime Minister issues new directive on development road project

2025-01-22

Prime Minister Mohammed Shia Al-Sudani held the first regular meeting of the year for the Higher Committee for the Development Road Project today, Wednesday, in the presence of representatives of Oliver Wyman Company, which is concerned with providing consulting services for the Development Road Project. The meeting reviewed the latest procedures for the Development Road, discussed the latest Read more…

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…