IRAQI DINAR POLITICS & ECONOMY

Electronic payments in Iraq exceeded 2 trillion dinars during the past month

Electronic payments in Iraq exceeded 2 trillion dinars during the past month

8-12-2024

Economic researcher, Munar Al-Obaidi, confirmed that electronic payments in Iraq increased during the month of July, exceeding the barrier of 2 trillion Iraqi dinars.

Al-Obaidi stated in a statement that “electronic payments increased during the month of July 2024 to exceed the barrier of Read more…

Foreign Minister to visit Washington next month… and announcement of the date of the coalition’s withdrawal from Iraq

Foreign Minister to visit Washington next month… and announcement of the date of the coalition’s withdrawal from Iraq

2024-08-12

Informed Iraqi sources revealed, Sunday, August 11, 2024, that Foreign Minister Fuad Hussein will visit Washington next month.

The sources told the Iranian “Tasnim” agency that “Foreign Minister Fuad Hussein and his American counterpart, Anthony Blinken, will read during this visit in a press conference a statement on Read more…

Economist: Ministry of Finance statement is accurate and liquidity is available

Economist: Ministry of Finance statement is accurate and liquidity is available

8-11-2024

Information/Special..
Economic expert Nabil Jabbar confirmed today, Sunday, that the statements and declarations of ministries are more accurate and objective than the statements of representatives, as they are characterized by responsibility.

Jabbar said in a statement to Al-Maalouma Agency, “The statements of some Read more…

MP: Oil and Gas Law Still Captive to Disagreements

MP: Oil and Gas Law Still Captive to Disagreements

8-11-2024

Information/Special..
Member of the Parliamentary Oil, Gas and Natural Resources Committee, Ali Al-Mashkoor, revealed today, Sunday, the latest developments regarding the approval of the Oil and Gas Bill.

Al-Mashkoor said in a statement Read more…

Government committee issues a series of decisions to expand investment in economic sectors

Government committee issues a series of decisions to expand investment in economic sectors

2024-08-11 04:11

Shafaq News/ The Higher Committee for Investment and Reconstruction held its regular meeting today, Sunday, headed by Prime Minister Mohammed Shia al-Sudani, during which they discussed aspects of developing investment mechanisms in various economic and development sectors, discussing the files Read more…

In numbers.. A government advisor reveals Iraq’s internal and external debts

In numbers.. A government advisor reveals Iraq’s internal and external debts

2024/08/10

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed the size of Iraq’s internal and external debts.

Saleh told Al Furat News Agency, “Iraq is no longer one of the highly indebted countries in terms of its external debt balance, as the external debts due for repayment during the current decade do not exceed Read more…

Three reasons behind the delay in approving the 2024 budget

Three reasons behind the delay in approving the 2024 budget

8-10-2024

Information/Special..
Former MP Faisal Al-Issawi explained, today, Saturday, three reasons behind the delay in approving the 2024 budget, stressing that the government has exceeded all constitutional and legal deadlines.

Hussein said in a statement to Al-Maalouma Agency, “The delay in approving the federal budget, which was supposed to be prepared for three years, is due to Read more…

Iraq loses $52 billion in foreign investment due to “corruption”

Iraq loses $52 billion in foreign investment due to “corruption”

2024-08-10 22:47

Shafaq News/ On Saturday, the head of the “Iraq Al-Mustaqbal” Foundation concerned with economic affairs, Manar Al-Obaidi, referred to the latest report of the United Nations Development Program, which revealed the exit of more than 5 billion US dollars in foreign direct investments from Iraq in 2023.

The report showed, according to Read more…

The framework ends the controversy over the issue of reopening the nomination period for the position of Parliament Speaker

The framework ends the controversy over the issue of reopening the nomination period for the position of Parliament Speaker

2024-08-10 03:44

Shafaq News/ The Coordination Framework, which brings together the Shiite political forces, confirmed on Saturday that there is no intention to reopen the door for candidacy for the presidency of the Iraqi Council of Representatives.

The representative of the framework, Mohammed Read more…

Government advisor expects oil to recover after record drop, explains reasons

Government advisor expects oil to recover after record drop, explains reasons

2024/08/09

The financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, expected a recovery in oil prices after a rapid decline in global markets in recent days.

Saleh told Al Furat News Agency that “the drop in oil prices will cause a huge loss Read more…

Parliamentary Committee: Consultative meetings to amend the Investment Law

Parliamentary Committee: Consultative meetings to amend the Investment Law

2024/08/09

A member of the Parliamentary Investment Committee confirmed, on Friday, that consultative meetings will be held to amend the investment law in the country.

Committee member Asaad Al-Bazouni told {Al-Furat News} agency that “ the parliamentary investment committee is working on amending the investment law, especially with regard to Read more…

MP: Results of the movement to decide the position of the Speaker of the House of Representatives will appear next week

MP: Results of the movement to decide the position of the Speaker of the House of Representatives will appear next week

8-9-2024

Information/Baghdad
MP Salem Ibrahim confirmed on Friday that the results of the movement to decide the position of the Speaker of the House of Representatives will appear next week.

Ibrahim told Al-Maalouma, “There is movement in multiple directions to push the Sunni forces towards consensus and to propose Read more…

Iraqi mediator conveys US message to Iran talking about reviving nuclear deal and possibility of overlooking some economic sanctions

Iraqi mediator conveys US message to Iran talking about reviving nuclear deal and possibility of overlooking some economic sanctions

2024-08-09

Iraqi sources revealed, Thursday (August 8, 2024), that an American message arrived in the Iranian capital, Tehran, last Monday evening via an Iraqi mediator.

The sources said, “America is very concerned, given reports from its intelligence agencies, about the seriousness of the situation Read more…

The amounts reached 8 billion dollars.. “Theft of the Century” in Iraq returns to the forefront again

The amounts reached 8 billion dollars.. “Theft of the Century” in Iraq returns to the forefront again

2024-08-08

Alsumaria News – Politics
The issue of stealing tax deposits, known in the media as the “theft of the century” in Iraq, has returned to the forefront again, after the government’s Integrity Commission announced that the percentage of stolen amounts had doubled, coinciding with the increase in the number of those accused of theft to more than Read more…

Joint Operations announces the arrest of five people involved in bombing Ain al-Assad base

Joint Operations announces the arrest of five people involved in bombing Ain al-Assad base

2024-08-08 06:46

Shafaq News/ The Joint Operations Command reported on Thursday that the security forces arrested five people involved in the “attack” on the Ain al-Assad Air Base in Anbar Governorate, west of the country.

The command said in a statement today, “Through in-depth legal investigations, Read more…

Iraq raises its gold holdings to more than 148 tons

Iraq raises its gold holdings to more than 148 tons

2024-08-08 02:20

Shafaq News/ The World Gold Council announced on Thursday that Iraq has increased its gold holdings to more than 148 tons.

According to the latest report published by the Council in August 2024, which Shafak News Agency reviewed, Iraq advanced one rank to reach 29th place globally Read more…

Shafaq News exclusively reveals details of Al-Kadhimi’s pursuit of a journalist and his demand for 250 million dinars

Shafaq News exclusively reveals details of Al-Kadhimi’s pursuit of a journalist and his demand for 250 million dinars

2024-08-08 06:32

Shafaq News/ “I will not publish the post again.” With these words, writer and journalist Qais Hassan pledged to “calm down and reduce publication” after former Prime Minister Mustafa Al-Kadhimi filed a lawsuit against him and demanded financial compensation of 250 million dinars due to the material and moral damage Read more…

Ishraqat Kanun parliamentary bloc threatens to publish corruption files related to electricity if the minister is questioned!

Ishraqat Kanun parliamentary bloc threatens to publish corruption files related to electricity if the minister is questioned!

2024-08-08

Today, Thursday, the representative of the Ishraqat Kanun bloc, Nofouth Al-Moussawi, explained the reasons for the Parliament Presidency’s refusal to question the Minister of Electricity, Ziad Ali Fadel, while threatening to publish all corruption files to the media if he is not questioned inside the Parliament dome.

Al-Moussawi said in an interview Read more…

Advisor to Al-Sudani: Low oil prices require caution and economic preparedness in Iraq

Advisor to Al-Sudani: Low oil prices require caution and economic preparedness in Iraq

2024/08/07

A financial advisor to the Prime Minister, Mohammed Shia Al-Sudani, warned of the effects of the decline in oil prices in the global market on Iraq, which depends on oil revenues for more than 90% of its resources.

Oil prices have fallen to $76 a few days ago.
Mazhar Mohammed Saleh told Al Furat News Agency, “There has been a gradual Read more…

Rafidain: Implementing the comprehensive banking system in 37 branches

Rafidain: Implementing the comprehensive banking system in 37 branches

8-7-2024

Al-Maalouma / Baghdad ..
Rafidain Bank announced today, Wednesday, the implementation of the comprehensive banking system in two new branches, stressing that the digital transformation plan is proceeding according to the scheduled timings.
The bank said in a statement Read more…