IRAQI DINAR POLITICS & ECONOMY

The Prime Minister meets King Charles III at Buckingham Palace in London

The Prime Minister meets King Charles III at Buckingham Palace in London

2025-01-14

Prime Minister Mohammed Shia al-Sudani met today, Tuesday, with the King of the United Kingdom, Charles III, at Buckingham Palace in the British capital, London. A statement from the Prime Minister’s Office stated that “during the meeting, bilateral cooperation between Iraq and the United Kingdom was reviewed, and ways Read more…

Al-Fatah: No retreat from the demand to withdraw US forces from Iraq

Al-Fatah: No retreat from the demand to withdraw US forces from Iraq

1-13-2025

Information / Special..
Member of the Fatah Alliance, Ali Al-Fatlawi, confirmed today, Monday, that the political forces have not backed down from the demand to expel American forces from Iraq, stressing that this demand is an essential part of the government program.

Al-Fatlawi said in a statement Read more…

Parliamentary Finance: 2025 Budget Priorities include Securing Salaries and Government Expenditures

Parliamentary Finance: 2025 Budget Priorities include Securing Salaries and Government Expenditures

1-13-2025

Information/Baghdad..
The head of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed today, Monday, that the 2025 budget’s priorities include securing salaries and governing expenses.

Al-Atwani’s office stated in a statement received by Al-Maalouma Agency, “The latter chaired an expanded meeting of the Parliamentary Finance Committee with Read more…

Parliamentary Finance: Banking reform enhances Iraq’s global financial standing

Parliamentary Finance: Banking reform enhances Iraq’s global financial standing

2025/01/13

Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed today, Monday, that the restructuring of Rafidain and Rashid Banks is a decisive step to improve Iraq’s financial situation and enhance its position in the global financial system.
Kocher told Al Furat News Agency: “Restructuring the banks is very important Read more…

Parliamentary Security Committee demands that Al-Sudani expel US forces from Iraq

Parliamentary Security Committee demands that Al-Sudani expel US forces from Iraq

1-13-2025

Information / Baghdad..
Member of the Parliamentary Security and Defense Committee, Hussein Al-Ameri, called on Prime Minister Mohammed Shia Al-Sudani, today, Monday, to expel the forces of the international coalition supported by the United States of America.

Al-Amiri said in a statement to Al-Maalouma Agency, “The withdrawal of American Read more…

Establishing a “Kurdistan Oil Company”…a movement maturing under the dome of the Iraqi parliament

Establishing a “Kurdistan Oil Company”…a movement maturing under the dome of the Iraqi parliament

2025-01-13 05:08

Shafaq News/ While the issue of the Kurdistan Region’s financial dues to the federal government in Baghdad has sparked widespread political controversy over the past few days, a parliamentary movement is taking place in the Iraqi Council of Representatives by a number of committees to make some amendments to the budget schedules for the year 2025, especially the item related to Read more…

Parliamentary Security: Iraq plans to arm its army from multiple countries

Parliamentary Security: Iraq plans to arm its army from multiple countries

1-12-2025

Information / Special..
Member of the Parliamentary Security and Defense Committee, Ali Al-Bandawi, confirmed today, Sunday, that the Security Committee is following up on the file of arming the Iraqi army, indicating that Iraq intends to contract with well-known international companies to supply the army with advanced weapons.

Al-Bandawi said in a statement Read more…

Former MP: Iraq is facing an economic disaster and the solution lies in two urgent steps

Former MP: Iraq is facing an economic disaster and the solution lies in two urgent steps

1-12-2025

Information/Special..
Former MP Ahmed Al-Hajj called on the government and parliament on Sunday to take urgent measures to prevent an imminent economic disaster that Iraq may face.

Al-Hajj said in an interview with Al-Maalouma Agency, “Iraq is facing a financial crisis whose signs have appeared in the past few days and have affected the state’s Read more…

Optimism about Nechirvan Barzani’s visit to Baghdad and expectations of resolving important files

Optimism about Nechirvan Barzani’s visit to Baghdad and expectations of resolving important files

2025-01-12 04:25

Shafaq News/ A representative of the Kurdistan Democratic Party confirmed on Sunday that the visit of the President of the Kurdistan Region, Nechirvan Barzani, comes to resolve the issue of salaries of the region’s employees and amend one of the articles of the federal budget law, while a representative of the State of Law Coalition expected that Barzani’s meetings with Read more…

The volume of trade exchange between Iraq and China reaches 50 billion dollars and records a growth of 10%

The volume of trade exchange between Iraq and China reaches 50 billion dollars and records a growth of 10%

2025-01-12 00:28

Shafaq News/ The Ambassador of the People’s Republic of China to Baghdad, “Tsui Wei”, announced on Sunday that the volume of trade exchange between his country and Iraq reached 50 billion dollars in the past year 2024.

“Wei” said in a press conference held in the capital Baghdad, Read more…

Trump’s envoy on his way to Iraq.. A new message to Al-Sudani

Trump’s envoy on his way to Iraq.. A new message to Al-Sudani

2025-01-12

Shafaq News/ An informed political source revealed, on Saturday evening, an upcoming visit by the envoy of the US President-elect, Donald Trump, to Iraq, carrying with him a message to Prime Minister Mohammed Shia al-Sudani.

According to the source, who spoke Read more…

Amending the Investment Law…the first step to combat corruption and develop the country’s economic sectors

Amending the Investment Law…the first step to combat corruption and develop the country’s economic sectors

1-11-2025

Information/Report..
Amidst talk of many government facilities to develop the investment sector in Iraq, the parliament is moving towards making amendments to the investment law in order to keep pace with the need and solve the problems it suffers from after many Read more…

Politician: Fouad Hussein is the first minister to be questioned

Politician: Fouad Hussein is the first minister to be questioned

1-11-2025

Information/Special..
Politician Ali al-Zubaidi called on Thursday to question Foreign Minister Fuad Hussein in the House of Representatives due to poor performance.

Al-Zubaidi said in an interview with Al-Maalouma Agency, “A number of ministers are hesitant in performing their executive duties and the failure is clear Read more…

Washington Examiner: Ghosts of Iraq and Afghanistan Invasions Haunt America

Washington Examiner: Ghosts of Iraq and Afghanistan Invasions Haunt America

1-11-2025

Information
A report by the American newspaper, Washington Examiner, confirmed on Saturday that the US invasions of Iraq and Afghanistan left 4,500 American soldiers dead in Iraq and 2,459 dead in Afghanistan. The war operations in Iraq also cost 815 billion dollars, which led Americans to doubt the results of future Read more…

Kirkuk Airport is close to being listed as an international airport within two months

Kirkuk Airport is close to being listed as an international airport within two months

2025-01-11 02:16

Shafaq News/ Kirkuk International Airport Administration announced today, Saturday, that a committee from the International Civil Aviation Organization (ICAO) will visit the airport with the aim of inspecting it and including it in the list of international airports within the next Read more…

Iraq is among the top five Arab countries in gold reserves, with more than a thousand tons.

Iraq is among the top five Arab countries in gold reserves, with more than a thousand tons.

2025-01-11 00:19

Shafaq News/ The World Gold Council announced on Saturday that the central banks in five Arab countries have gold reserves exceeding one thousand tons out of 100 countries listed in the table of the largest gold reserves in the world.

According to the latest schedule published Read more…

Al-Sudani counts on tourism to be a major source of non-oil economy in Iraq

Al-Sudani counts on tourism to be a major source of non-oil economy in Iraq

2025-01-11 02:35

Shafaq News/ Prime Minister Mohammed Shia al-Sudani considered, today, Saturday, that tourism could turn into a basic source in the country’s non-oil economy.

This came during his chairing of a meeting devoted to presenting a package of Read more…

Birth of a new banking entity in Iraq.. A government advisor reveals the details to Euphrates News

Birth of a new banking entity in Iraq.. A government advisor reveals the details to Euphrates News

2025/01/10

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed a study being conducted by a global consulting firm, commissioned by the state, to restructure Rafidain and Rashid Banks, which constitute 85% of the banking market in the country.
Saleh explained to Al Furat News Agency that “the two banks Read more…

Al Furat News reveals details of the restructuring plan for Rafidain and Rashid Banks

Al Furat News reveals details of the restructuring plan for Rafidain and Rashid Banks

2025/01/10

An economic expert revealed the government’s plan to restructure its two banks, Rafidain and Rashid.
Salah Nouri told Al Furat News Agency, “The reasons for restructuring Rafidain and Rashid banks are the presence of bad financial assets, most of which are Read more…

Jordan freezes Halbousi’s assets hours after failure to recover his funds seized in the UAE

Jordan freezes Halbousi’s assets hours after failure to recover his funds seized in the UAE

1-10-2025

Information/Anbar..
A responsible source in the Anbar local government revealed today, Friday, that Jordan has frozen the assets of the head of the Progress Alliance, Mohammed al-Halbousi, due to his inclusion in the US sanctions law.

The source said in a statement to Al-Maalouma Agency that “Jordan froze the assets of the head of the Progress Alliance, the expelled Speaker of Parliament, Read more…