IRAQI DINAR POLITICS & ECONOMY

Iraq is a key player.. Moody’s: Oil countries to lead growth in the Middle East through 2025

Iraq is a key player.. Moody’s: Oil countries to lead growth in the Middle East through 2025

2025-01-17 01:18

Shafaq News/ Moody’s credit rating agency expected that the Middle East and North Africa countries would lead economic growth during the current year, supported by the recovery of oil production and the progress of investment projects.

The agency estimated that economic growth Read more…

Communications: Landline service will return soon

Communications: Landline service will return soon

1-16-2025

Information / Baghdad..
The Ministry of Communications said on Thursday that landline telephone service through the fiber optic project will return soon.

The Director General of the General Company for Communications and Information Technology at the Ministry, Ali Yassin, stated Read more…

At a cost of millions of dollars.. An Iraqi political delegation seeks to attend Trump’s inauguration ceremony through “private lobbies”

At a cost of millions of dollars.. An Iraqi political delegation seeks to attend Trump’s inauguration ceremony through “private lobbies”

2025-01-16 00:43

Shafaq News/ Informed political sources revealed, on Thursday, that more than one Iraqi political delegation of Sunni figures has arrived in the US capital, Washington, as part of attempts to attend the inauguration ceremony of US President-elect Donald Trump, Read more…

Iraqi Parliament Responds to US State Department: Your Interference in Budget is Unacceptable

Iraqi Parliament Responds to US State Department: Your Interference in Budget is Unacceptable

2025-01-16 01:08

Shafaq News/ The Foreign Relations Committee in the Iraqi Parliament responded, on Thursday, to the US State Department’s statements regarding urging the Parliament to expedite the vote on the budget to resolve the dispute between Baghdad and Erbil.

Committee member Mukhtar al-Moussawi told Shafaq News Agency, “The statements of the US State Department are unacceptable, and this interference Read more…

Sudani seeks technical assistance from EBRD to boost banking sector

Sudani seeks technical assistance from EBRD to boost banking sector

2025-01-16 03:49

Shafaq News/ On Thursday, the Iraqi Prime Minister, Mohammed Shia al-Sudani, requested technical assistance from the European Bank for Reconstruction and Development (EBRD) to strengthen and develop the banking sector in Iraq, while stressing that the government Read more…

Judiciary: Recovering 5 billion dinars from a convict who obtained them from the difference in the dollar exchange rate

Judiciary: Recovering 5 billion dinars from a convict who obtained them from the difference in the dollar exchange rate

2025-01-16

The Judicial Council announced the recovery of an amount of 5 billion Iraqi dinars, for a financial fraud crime through manipulation of the dollar.

A statement issued by the media center of the Supreme Judicial Council stated that “the Second Karkh Investigation Court recovered the amount from Read more…

Will the enactment of the Oil and Gas Law stop the series of smuggling in the region?

Will the enactment of the Oil and Gas Law stop the series of smuggling in the region?

1-15-2025

Information / Baghdad..
MP Nazim Al-Shabli, a member of the Oil and Gas Committee, revealed today, Wednesday, that the Kurdistan Region does not want to hand over oil revenues to the federal government.

Al-Shabli said in a statement to Al-Maalouma Agency, “The oil and gas law, which in turn limits Read more…

Shell Oil Company announces readiness to increase investments in Iraq

Shell Oil Company announces readiness to increase investments in Iraq

1-15-2025

Information / Baghdad..
British oil company Shell announced today, Wednesday, its readiness to increase its investments in Iraq.

A statement from the office of Prime Minister Mohammed Shia al-Sudani received by Al-Maalouma Agency stated that “Al-Sudani received today, Wednesday, at his residence in the capital, London, the CEO of Shell Oil Company, Read more…

Rule of Law: Salaries are secured and there is a rumour campaign to create a financial crisis

Rule of Law: Salaries are secured and there is a rumour campaign to create a financial crisis

1-15-2025

Information/Special..
The State of Law Coalition warned, on Wednesday, of attempts to create a financial crisis in Iraq through rumors about the salaries of employees and retirees, stressing that the current situation is good and salaries are secured for the current year.

“The issue of the financial crisis is not at the level that is being talked about. Read more…

Iraqi judiciary recovers 5 billion dinars for fraud and dollar manipulation

Iraqi judiciary recovers 5 billion dinars for fraud and dollar manipulation

2025-01-15 02:39

Shafaq News/ The Iraqi judiciary announced on Wednesday the recovery of an amount of 5 billion Iraqi dinars, for a financial fraud crime through manipulation of the dollar.

According to a statement by the judiciary, Read more…

At the end of his term, Biden “disappointed” the Kurds and they are waiting for Trump’s policy

At the end of his term, Biden “disappointed” the Kurds and they are waiting for Trump’s policy

2025-01-15 04:45

Shafaq News/ A report published by the American magazine “Foreign Policy” indicated that the Kurds in the region feel “disappointed” with the performance of US President Joe Biden, with the end of his term and his imminent departure from the White House, indicating that his term, unlike what was the case when he assumed the position of Vice President and as a “senator”, was full of missed opportunities Read more…

Iraqi Customs: 2 trillion dinars in revenues in 2024 and plans to increase them in 2025

Iraqi Customs: 2 trillion dinars in revenues in 2024 and plans to increase them in 2025

2025-01-15 06:12

Shafaq News/ On Wednesday, the Director General of the Iraqi Customs Authority, Hassan Al-Akeili, revealed the most important issues discussed during his hosting in the Parliamentary Finance Committee.

Al-Akeili told Shafaq News Agency, “The hosting included emphasis on completing the electronic system applied in the Customs Authority and expanding it to include Read more…

“The Next Mission”… Trump’s Messages Reach the Mail of Political Forces in Iraq

“The Next Mission”… Trump’s Messages Reach the Mail of Political Forces in Iraq

2025-01-15 00:47

Shafaq News/ An informed political source revealed, on Wednesday, the details of the visit of the US President-elect Donald Trump’s envoy to the capital, Baghdad, and the reasons and timing of this visit, coinciding with the Prime Minister Mohammed Shia al-Sudani’s trip to London, and the Iraqi Foreign Minister Fuad Hussein’s trip to New York. Read more…

Iraqi oil soars above $80 a barrel

Iraqi oil soars above $80 a barrel

2025-01-15

Iraqi crude oil prices recorded more than $80 per barrel Tuesday (January 14, 2025), boosted by expectations of US sanctions on Russia.

According to data, “Brent crude oil recorded $80 per barrel for the first time Read more…

Al-Mashhadani: Iraq enjoys stability, is on the verge of economic prosperity, and has returned to its influential role in the region

Al-Mashhadani: Iraq enjoys stability, is on the verge of economic prosperity, and has returned to its influential role in the region

2025-01-15

Parliament Speaker Mahmoud Al-Mashhadani stressed that Iraq enjoys stability and is on the verge of economic prosperity and has returned to its influential role in the region.

Al-Mashhadani said in a televised interview with Al-Iraqiya channel that there are important Read more…

Iraq chairs the Group of 77 and China at the United Nations

Iraq chairs the Group of 77 and China at the United Nations

2025/01/14

Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, arrived in New York yesterday, Monday, to participate in the ceremony of Iraq assuming the presidency of the Group of 77 and China for the year 2025. A statement by the Ministry of Foreign Affairs received by “Al-Sabah” stated that the Minister of Foreign Affairs will hold meetings with the Secretary-General Read more…

MP asks government to send budget tables

MP asks government to send budget tables

1-14-2025

Information / Baghdad..
Today, Tuesday, the Iraqi parliament member, Hussein Al-Ameri, called on the government to expedite sending the budget tables for the current year 2025.

Al-Amiri said in a statement to Al-Maalouma Agency, “The delay in sending the schedules negatively affects Read more…

Britain: Trade volume with Iraq will increase tenfold

Britain: Trade volume with Iraq will increase tenfold

2025-01-14 02:45

Shafaq News/ The British government revealed on Tuesday the most prominent agreements that will be concluded with Iraqi Prime Minister Mohammed Shia al-Sudani, including the announcement of an export package of up to 12.3 billion pounds to enhance opportunities for British companies and drive economic growth Read more…

Iraq “without salaries” for two years at most.. Former minister warns of “collapse”

Iraq “without salaries” for two years at most.. Former minister warns of “collapse”

2025-01-14 05:55

Shafaq News/ The former Iraqi Minister of Electricity, Luay Al-Khatib, warned on Tuesday that the state would be unable to pay the salaries of government employees within two years at most, and while he saw that the feudal style would lead to “inevitable collapse”, he revealed the cost of rebuilding Iraq as a whole. Read more…

Cabinet approves establishment of new bank

Cabinet approves establishment of new bank

2025-01-14

Monday, the Council of Ministers approved the establishment of a new bank in the form of a joint-stock company.

Al-Sudani’s office said in a statement that “within the framework of banking reform measures, the Council of Ministers approved the following in Monday’s session:

1. Establishing a new joint-stock bank that relies on the latest technologies, and Read more…