IRAQI DINAR POLITICS & ECONOMY

Popular Mobilization calls for an “immediate” decision to withdraw foreign forces from Iraq

Popular Mobilization calls for an “immediate” decision to withdraw foreign forces from Iraq

2024-07-31 04:18

Shafaq News/ The Popular Mobilization Authority called on the Iraqi authorities on Wednesday to take an “immediate” decision to expel foreign forces from the country, following the airstrikes launched by the US-led international coalition forces north of Babil Governorate, which resulted in the deaths of a number of fighters.

The authority said in a statement Read more…

The Ministry of Oil announces an increase in gas storage and production in Iraq

The Ministry of Oil announces an increase in gas storage and production in Iraq

2024/07/30

The Ministry of Oil announced that the actual storage of liquefied gas has risen to more than (133) thousand tons and that the production of liquefied gas has risen to more than (7) thousand tons.

The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber, said in a statement received by {Euphrates News} that “the daily production rate of liquefied gas received from the producing companies has reached Read more…

Al-Hilali: The state administration is required to find solutions to political crises and a position towards “Trump”

Al-Hilali: The state administration is required to find solutions to political crises and a position towards “Trump”

7-30-2024

Information/Baghdad…
Independent politician Aid Al-Hilali stressed, on Tuesday, the need for the State Administration Coalition to find solutions to the current political crises, and to determine its position on Trump if he reaches the US presidency again.

Al-Hilali told Al-Maalouma Agency, “The State Administration Coalition received many messages from political parties with the aim of arranging and Read more…

Government Advisor: Adoption of budget schedules does not affect financial obligations

Government Advisor: Adoption of budget schedules does not affect financial obligations

7-30-2024

Al-Maalouma/Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Tuesday, that the budget schedules have become a reality, and issuing instructions is a procedural matter that does not affect financial obligations.
Salih said, in an interview followed by /Al-Maalouma/ Agency, that “the legal basis for the current fiscal year 2024 is a matter that has been legislated and approved Read more…

Victory: The session to select the Speaker of Parliament will be held in the coming few days

Victory: The session to select the Speaker of Parliament will be held in the coming few days

7-30-2024

Information / Special..
Member of the Victory Coalition, Aqil Al-Radini, confirmed today, Tuesday, that the session to select the Speaker of Parliament will be held in the coming few days.

Al-Radini said in a statement to Al-Maalouma Agency, “The past few days have witnessed intensive meetings between the Sunni parties and the Coordination Read more…

The Council of Ministers takes a number of decisions, most notably the signing of a tripartite agreement on electricity

The Council of Ministers takes a number of decisions, most notably the signing of a tripartite agreement on electricity

2024-07-30 03:30

Shafaq News/ The Council of Ministers held its thirty-first regular session today, Tuesday, in which the general conditions in the country were discussed, and the basic files included in the government program were discussed, in addition to considering the topics included on the agenda, and taking the necessary decisions regarding them.

According to the issued decisions, it was approved to sell Read more…

Iraqi Army Aviation receives 7 American Bell 505 aircraft

Iraqi Army Aviation receives 7 American Bell 505 aircraft

2024-07-30 06:26

Shafaq News/ The Iraqi Army Aviation Command announced, on Tuesday, the receipt of 7 Bell 505 aircraft from the American side.

A statement by the Iraqi Ministry of Defense received by Shafaq News Agency stated that “this came within the contracts prepared in advance for the purpose of keeping pace with the development taking place Read more…

Iraq agrees with Siemens to build five new stations to boost electricity grid

Iraq agrees with Siemens to build five new stations to boost electricity grid

2024-07-30 05:38

Shafaq News/ The spokesman for the Iraqi Ministry of Electricity, Ahmed Musa, said on Tuesday that the ministry agreed with the German company “Siemens” to develop a technical map to develop the electric transmission sector.

Musa told Shafaq News Agency, “Among the steps agreed upon with Siemens is the establishment of five stations in a number of governorates, including Read more…

Iraq stores gold and expects it to rise in the next two months

Iraq stores gold and expects it to rise in the next two months

2024/07/29

Economic expert, Abdul Rahman Al-Shaikhli, expects Iraq’s gold reserves to rise over the next two months.

Al-Mashhadani told {Euphrates News} that: “Owning gold is considered part of the investment portfolio that countries seek, and Iraq has been storing gold and Read more…

Iraq’s oil reserves are in excess of the classification

Iraq’s oil reserves are in excess of the classification

2024/07/29

Oil expert Hamza Al Jawahiri revealed, today, Monday, the quantities of unclassified oil reserves in Iraq.

Al-Jawahiri told {Euphrates News} that: “The oil companies operating in Iraq are developing the fields primarily and there are always increases in production from the fields that are being developed,” noting that Read more…

Latest developments in the budget.. Al-Sudani enters the line of “manipulation” and accuses 3 representatives

Latest developments in the budget.. Al-Sudani enters the line of “manipulation” and accuses 3 representatives

2024/07/29

Prime Minister Mohammed Shia Al-Sudani informed the House of Representatives to investigate the manipulation of budget tables.

Secretary-General of the Generations Gathering, Mohammed Al-Sayhoud, said during his hosting on the {Free Talk} program broadcast on Al-Furat satellite channel this evening, that: “Three representatives are accused of tampering Read more…

Who manipulated the budget tables? Al-Fatah stresses holding those involved accountable

Who manipulated the budget tables? Al-Fatah stresses holding those involved accountable

7-29-2024

Information/Special..
Al-Fatah Alliance member Ali Al-Fatlawi stressed, on Monday, the necessity of holding accountable those who tampered with the budget schedules and delayed its approval, while confirming that there are only four months left until the end of the fiscal year.

Al-Fatlawi said in a statement Read more…

The dollar pushes the Iraqi dinar to confrontation.. and the market movement is stagnant

The dollar pushes the Iraqi dinar to confrontation.. and the market movement is stagnant

2024/07/28

The US dollar pushes the Iraqi dinar to confront and stabilize at a certain number, while local markets become stagnant.

Economic expert, Basem Jamil Antoine, told {Euphrates News} that: “The reasons for the stability of the dollar exchange rate are due to a number of factors, including the stagnation in economic and commercial activity, which is considered weak Read more…

Al-Abadi: Holding early elections is not possible and there is a trend to end the missions of the international coalition within a year

Al-Abadi: Holding early elections is not possible and there is a trend to end the missions of the international coalition within a year

2024/07/28

The head of the Victory Coalition, Haider al-Abadi, ruled out holding early legislative elections in Iraq before their scheduled date at the end of next year.

Al-Abadi said in a press statement, “Holding parliamentary elections before their scheduled date in November 2025 is not possible,” noting that “Prime Minister Read more…

He is 19 years old and the most important of 150 suspended laws.. Will the powers give up the “golden paper” in oil and gas legislation?

He is 19 years old and the most important of 150 suspended laws.. Will the powers give up the “golden paper” in oil and gas legislation?

2024-07-28

Alsumaria News – Politics
The Parliamentary Oil and Gas Committee expressed, today, Sunday, its “optimism” about the imminent approval of the Oil and Gas Law, which has been suspended for 19 years, noting that its delay came because it is a political pressure card used throughout the past years in forming successive governments.
Committee member Nazim Al-Shabli told Sumaria News that the oil and gas law is Read more…

Manipulating budget tables is a scandal waiting to erupt

Manipulating budget tables is a scandal waiting to erupt

7-28-2024

Information/Report..
The issue of tampering with the budget tables has caused a great deal of controversy in the House of Representatives, after nearly 2 trillion dinars were lost from the budget dramatically.

The General Secretariat of the Council of Ministers sent a letter to the House Read more…

State of Law: The negotiating delegation made major concessions to America

State of Law: The negotiating delegation made major concessions to America

7-28-2024

Information/Special..
Today, Sunday, State of Law Coalition member Saad Al-Mutalibi criticized the negotiating delegation in Washington and its way of dealing with the Americans, holding it responsible for the concessions it made to the Americans.

Al-Mutalibi said in a statement to Al-Maalouma Agency, “The negotiating Read more…

MP: Washington’s claims about protecting Iraq are false

MP: Washington’s claims about protecting Iraq are false

7-28-2024

Information / Special..
MP Mohammed Al-Ziyadi confirmed today, Sunday, that the American side’s claims regarding protecting Iraq are false and far from reality.

Al-Ziyadi said in a statement to Al-Maalouma Agency, “The American side claims that it wants to protect Iraq, but this is not true and is very far from reality. All the Read more…

Renewing its commitment to the truce… Al-Kataeb: A mysterious faction targeting Americans in Iraq

Renewing its commitment to the truce… Al-Kataeb: A mysterious faction targeting Americans in Iraq

2024-07-28 04:23

Shafaq News/ The Sayyid al-Shuhada Brigades, one of the factions that form the “Islamic Resistance in Iraq”, said on Sunday that it does not know who is carrying out the targeting of the American forces stationed at the Ain al-Assad base in Anbar Governorate, and the forces stationed in the Syrian bases.

A prominent leader in the brigades Read more…

Tax exemption and political cover.. Parliament reveals a “black hole” in the work of companies in Iraq

Tax exemption and political cover.. Parliament reveals a “black hole” in the work of companies in Iraq

2024-07-28 03:03

Shafaq News/ The Economy and Investment Committee in the Iraqi Parliament revealed, on Sunday, exciting details related to companies operating in the country, and said that some of them are exempt from taxes under political cover.

The deputy head of the committee, Yasser Read more…