IRAQI DINAR POLITICS & ECONOMY

Al-Sudani’s Advisor: Iraq is witnessing an economic transformation and a big leap with the spread of electronic payment

Al-Sudani’s Advisor: Iraq is witnessing an economic transformation and a big leap with the spread of electronic payment

2024-09-14 01:52

Shafaq News/ The economic advisor to the Prime Minister, Mazhar Mohammed Salih, considered on Saturday that Iraq is witnessing a “big” leap through the spread of the use of electronic payment cards after its economy was based on cash payments.

This came in a speech he delivered on behalf of Al-Sudani during Read more…

Iraq buys nearly 52 tons of gold in three years

Iraq buys nearly 52 tons of gold in three years

2024-09-14 03:57

Shafaq News/ The World Gold Council announced on Saturday that Iraq has bought about 52 tons of gold during the past three years.

According to the latest schedule published in September by the Council and reviewed Read more…

Al-Sudani: The Development Road Project will transform Iraq from a landlocked country to an open one

Al-Sudani: The Development Road Project will transform Iraq from a landlocked country to an open one

2024-09-14 06:28

Shafaq News/ Prime Minister Mohammed Shia al-Sudani said on Saturday that the vital development road project is not only a corridor for transporting goods, but also includes projects that “will transform Iraq from a landlocked country to an open one.”

This came during his hosting of a dialogue seminar on the development road project and the investment opportunities Read more…

Trump’s advisor reaches out to head of Chaldean Church in Iraq

Trump’s advisor reaches out to head of Chaldean Church in Iraq

2024-09-14 03:31

Shafaq News/ The Chaldean Church in Iraq and the world announced on Saturday that the church leader received a phone call from the lawyer of former US President Donald Trump and his campaign advisor, indicating that this woman may have a positive role in stabilizing Iraq.

The church said in a statement Read more…

Al-Sudani: The Iraqi state cannot continue its policy of appointment in the government sector

Al-Sudani: The Iraqi state cannot continue its policy of appointment in the government sector

2024-09-14 06:01

Prime Minister Mohammed Shia al-Sudani said on Saturday that the Iraqi state cannot continue its policy of appointing people to the government sector.

This came during his reception of a group of dignitaries and Read more…

MP Jawad Al-Yassari: The House of Representatives’ oversight work is paralyzed due to the strength of corruption within the political process.

MP Jawad Al-Yassari: The House of Representatives’ oversight work is paralyzed due to the strength of corruption within the political process.

2024-09-13

Independent MP Jawad Al-Yassari confirmed Friday (September 13, 2024), that the House of Representatives’ oversight work is paralyzed due to the strength of corruption within the political process.

The leftist said in a press statement that “the House of Representatives’ oversight work is obstructed due to the power of corruption and its influence within Read more…

Gold at highest price ever in the world… and unprecedented rise in Iraq

Gold at highest price ever in the world… and unprecedented rise in Iraq

2024/09/13

Gold prices rose to an all-time high on Friday, and are set to post weekly gains due to the weak dollar, while investors focused on US economic data that may provide additional insights into the Federal Reserve’s (US central bank) interest rate decision.
Spot gold prices rose 0.3 percent to Read more…

North Oil begins preparing Kirkuk fields to hand them over to BP

North Oil begins preparing Kirkuk fields to hand them over to BP

2024-09-13 03:10

Shafaq News/ A responsible source in the North Oil Company reported on Friday that it has begun preparing oil wells in Kirkuk Governorate and determining production levels in preparation for handing them over to the British company ” BP ” for development.

The source told Shafaq News Agency, “The North Oil Company has started Read more…

Rashid Bank issues directive regarding selling dollars to Iraqi travelers

Rashid Bank issues directive regarding selling dollars to Iraqi travelers

2024-09-13 05:15

Shafaq News/ The General Administration of Rashid Bank confirmed, on Friday, that selling dollars to Iraqi travelers is exclusively and directly through its branches.

The administration stated in a statement received Read more…

US vows to respond to ‘militia’ attack on diplomatic facility in Baghdad

US vows to respond to ‘militia’ attack on diplomatic facility in Baghdad

2024-09-13

Shafaq News/ The US embassy in Iraq said on Friday that “Iranian-allied militias” launched an attack last Tuesday targeting a US diplomatic facility in the capital, Baghdad, renewing the call for the Iraqi government to protect diplomats and Read more…

When will the government resort to amending the budget law? An economic expert explains

When will the government resort to amending the budget law? An economic expert explains

2024/09/12

The economic expert, Abdul Rahman Al Mashhadani, clarified the date of the government’s resort to amending the financial budget.

Al-Mashhadani told {Euphrates News} that: “Despite the decline in oil prices, Iraq does not face a problem in the 2024 budget, as 8 months of the fiscal year have Read more…

After the decline in oil, a government advisor: We have the capabilities to confront the problems of the global economy

After the decline in oil, a government advisor: We have the capabilities to confront the problems of the global economy

2024/09/12

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, reassured citizens after the decline in global oil prices.
Saleh told Al Furat News Agency: “Despite the noise surrounding the global energy markets and the conflicting possibilities about their effects on Read more…

Al-Sudani: The government is moving towards the industrial sector to cover the needs of the local market

Al-Sudani: The government is moving towards the industrial sector to cover the needs of the local market

9-12-2024

Al-Maalouma/Baghdad..
Prime Minister Mohammed Shia al-Sudani reiterated today, Thursday, the government’s orientation towards the industrial sector to cover the needs of the local market and export the surplus. The Prime Minister’s media office stated Read more…

Al-Maliki coalition calls on the government to take the necessary measures to preserve sovereignty

Al-Maliki coalition calls on the government to take the necessary measures to preserve sovereignty

9-12-2024

Al-Maalouma/Baghdad..
MP for the State of Law Coalition Ahmed Al-Watifi called on the Iraqi government and the Ministry of Foreign Affairs today, Thursday, to take the necessary measures to preserve Iraqi sovereignty from the ongoing violations.
Al-Watifi said in a statement Read more…

Economist: Closure of Ceyhan Port Line Doubled Kurdistan Oil Smuggling

Economist: Closure of Ceyhan Port Line Doubled Kurdistan Oil Smuggling

9-12-2024

Information/Anbar..
Today, Thursday, economic expert Rashid Al-Saadi attributed the revival of oil derivatives smuggling operations from the Kurdistan Region to Turkey to the closure of the Ceyhan pipeline for exporting oil from Iraq to Read more…

More than 5 million barrels of oil are Iraq’s exports to America during the month

More than 5 million barrels of oil are Iraq’s exports to America during the month

2024-09-12 03:46

Shafaq News/ The US Energy Information Administration announced on Thursday that Iraq’s oil exports to the US amounted to more than 5 million barrels during the month of August.

The administration said in a schedule Read more…

The Iraqi government signs 3 investment contracts for industrial production with the private sector

The Iraqi government signs 3 investment contracts for industrial production with the private sector

2024-09-12 03:49

Shafaq News/ The Iraqi Ministry of Industry and Minerals signed, on Thursday, three partnership contracts with the private sector to establish a fertilizer production plant in Basra, rehabilitate a fertilizer plant in Salah al-Din, and another Read more…

Decline in acquisition rates of 12 Iraqi banks on private sector deposits

Decline in acquisition rates of 12 Iraqi banks on private sector deposits

2024-09-12 05:52

Shafaq News/ The “Iraq Al-Mustaqbal” Institution for Economic Studies and Consultations indicated, on Thursday, that the percentage of 12 Iraqi banks acquiring private sector deposits in the country decreased during the first half of this year compared to the past few years.

The institution stated in a report today that three banks that own American Read more…

Al-Maliki: The combined efforts and cooperation of political forces prevents any collapse that Iraq may be exposed to

Al-Maliki: The combined efforts and cooperation of political forces prevents any collapse that Iraq may be exposed to

2024-09-12 04:15

Shafaq News/ The head of the State of Law Coalition, Nouri al-Maliki, called on the political forces on Thursday to cooperate with each other to prevent “any collapse that Iraq may be exposed to.”

Al-Maliki said in a televised speech, which was Read more…

Parliamentarian: Parliament crisis is nearing its end, and Al-Mashhadani is the closest

Parliamentarian: Parliament crisis is nearing its end, and Al-Mashhadani is the closest

9-11-2024

Al-Maalouma/Special..
Head of the Tasmeem bloc, MP Amer Al-Fayez, confirmed today, Wednesday, that the crisis of the parliament presidency is nearing an end, noting that Al-Mashhadani is the closest to the position of the council’s presidency.
Al-Fayez said in a statement to Al-Maalouma Agency, “The Sunni blocs have begun Read more…