IRAQI DINAR POLITICS & ECONOMY

Sudanese: The development route is the best, shortest, and least expensive corridor in terms of transportation and transit

Sudanese: The development route is the best, shortest, and least expensive corridor in terms of transportation and transit

2023-10-01 00:54

Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani confirmed on Sunday that the development road project is one of the important and strategic projects that the Iraqi government is focusing on.

This came during his meeting today with Turkish Minister of Transport Abdulkadir Oraloglu, who is visiting the capital, Baghdad, in order to mature the joint Read more…

The sovereignty complex impedes the adoption of the oil and gas law in Iraq

The sovereignty complex impedes the adoption of the oil and gas law in Iraq

10-1-2023

BAGHDAD – Advisor to the Iraqi Prime Minister, Mazhar Salih, said that the oil and gas law, which is still awaiting approval by Parliament, “will spark investments in the energy sector and enhance revenues.”

He stated that the law “will establish a stable national road map for the oil sector, attract investments in Read more…

In the presence of the governors…a parliamentary meeting to discuss the implementation of projects within the budget

In the presence of the governors…a parliamentary meeting to discuss the implementation of projects within the budget

2023-10-01

Today, Sunday, October 1, 2023, the Parliamentary Finance Committee within the Iraqi Parliament discussed with the governors the implementation of projects within the federal general budget.

The Media Department of the House of Representatives stated in a statement that the Parliamentary Finance Committee discussed with the governors Read more…

Al-Fateh: The American decision still dominates Iraq.. What do we need to get rid of it?

Al-Fateh: The American decision still dominates Iraq.. What do we need to get rid of it?

9-30-2023

Information/private..
Today, Saturday, the Al-Fatah Alliance said that the American decision is still “dominant” over Iraqi political decision-making, and while it confirmed that the country has not fully recovered, it indicated the possibility of removing Iraqi funds from American Read more…

Chambers of Commerce: The parallel market for the dollar will reach record levels

Chambers of Commerce: The parallel market for the dollar will reach record levels

9-30-2023

Information / Baghdad
The Chambers of Commerce confirmed, on Saturday, that the parallel market price will reach 200,000 dinars for every 100 dollars due to the unrest.

The head of the Chambers of Commerce in Diyala, Muhammad Al-Tamimi, said in an interview with Al-Maalouma, “Dollarization still attracts a large portion of Read more…

Iraq and Turkey form joint committees to begin implementing the development road project

Iraq and Turkey form joint committees to begin implementing the development road project

2023-09-30 06:33

Shafaq News/ Today, Saturday, the Minister of Transport, Razzaq Muhaibas Al-Saadawi, held an expanded meeting in Baghdad, with the Turkish Minister of Transport and Infrastructure, Abdulkadir Oraloglu, and his accompanying delegation, to discuss the development road project.

Al-Saadawi said in a statement carried by the ministry’s media office, “We discussed a number of issues related to the development road project with Read more…

Including oil and gas.. A parliamentarian reveals the main reason behind not approving important laws

Including oil and gas.. A parliamentarian reveals the main reason behind not approving important laws

9-30-2023

Information / Baghdad..
The representative of the State of Law coalition, Muhammad Al-Ziyadi, confirmed today, Saturday, that the lack of consensus prevented the adoption of important laws of economic and political benefit in Iraq, including oil and gas.

Al-Ziyadi said in a statement to Al-Maalouma, “The House of Representatives, since the beginning of its current session, has not completed any important law except Read more…

Anticipation of a US decision against Türkiye requiring it to pay $602 million to Iraq

Anticipation of a US decision against Türkiye requiring it to pay $602 million to Iraq

2023-09-30 03:18

Shafaq News / On Saturday, the “Iraq Oil Report” website revealed a new development related to Iraqi Kurdistan Region’s oil exports to the Turkish port of Ceyhan.

The website stated in news translated by Shafaq News Agency, “Iraq is moving forward with its attempt to enforce a major arbitration award against Turkey, in order for an American court to issue a ruling worth Read more…

A leader in the framework: Issuing an arrest warrant against Al-Kadhimi is “just a matter of time”

A leader in the framework: Issuing an arrest warrant against Al-Kadhimi is “just a matter of time”

9-29-2023

Information / Baghdad..
The leader in the coordination framework, Turki Al-Utbi, confirmed on Friday that the issuance of an arrest warrant against the former Prime Minister is just a matter of time away.
Al-Utbi said in an interview with Al-Maalouma, “Former Prime Minister Read more…

The government intervenes and Barzani’s attempt to control Kirkuk fails

The government intervenes and Barzani’s attempt to control Kirkuk fails

9-29-2023

Information / Baghdad..
A member of the State of Law coalition, Rasoul Radi, confirmed today, Friday, that the government’s retreat from withdrawing security forces from the joint operations headquarters in Kirkuk has thwarted the Democratic Party’s attempt to control the headquarters, which is considered Read more…

Economist: Joining BRICS is one of the solutions to diversify sources of hard currency

Economist: Joining BRICS is one of the solutions to diversify sources of hard currency

9-28-2023

Information / Baghdad…
Economic affairs researcher Hisham Al-Baydani explained that Iraq’s accession to BRICS is one of the solutions to diversify the sources of foreign currency within the country and be freed from American restrictions imposed, especially Read more…

A Concerned Parliamentarian Is Surprised That The “Oil And Gas” Law Has Not Been Approved Yet.. What Does He Need?

A Concerned Parliamentarian Is Surprised That The “Oil And Gas” Law Has Not Been Approved Yet.. What Does He Need?

09/28/2023

Today, Thursday, a member of the Parliamentary Legal Committee, Representative Sajjad Salem, spoke about the Oil and Gas Law.

Salem said in a statement to “Earth News” agency, “The law so far is just a draft and has not reached the Iraqi Council of Representatives, as passing this law requires Read more…

Iraq ranks first among the countries that hold the largest US bonds

Iraq ranks first among the countries that hold the largest US bonds

2023-09-28 22:06

Shafaq News/ The US Treasury Department announced, on Thursday, that Iraq ranks among the largest foreign holders of US bonds.

The Treasury said in the latest table, seen by Shafaq News Agency, that “Iraq advanced one rank despite the decrease in its holdings of bonds for the month Read more…

“The largest shipment”… Iraq exports 25,000 tons of gas condensates

“The largest shipment”… Iraq exports 25,000 tons of gas condensates

2023-09-28 05:44

Shafaq News/ The Iraqi Ministry of Oil said, on Thursday, that the Basra Gas Company achieved the highest rate of export with a capacity of 25,000 tons of condensate (C5), in an effort to enhance the quantities exported through Umm Qasr Port in Basra in support of Read more…

Iraq: Oil licensing packages after 2003 generated nearly a trillion dollars

Iraq: Oil licensing packages after 2003 generated nearly a trillion dollars

2023-09-28 01:35

Shafaq News/ The Iraqi Ministry of Oil announced on Wednesday that the rounds of oil licenses after 2003 generated nearly one trillion dollars in financial revenues for the state treasury.

This came in a statement by the Undersecretary of the Ministry of Oil Read more…

Al-Fateh demands the government to install air defenses and radars

Al-Fateh demands the government to install air defenses and radars

9-27-2023

Information/Exclusive:
A member of the Al-Fatah Alliance, Ali Al-Fatlawi, called today, Wednesday, for the need for the government to move toward installing air defenses and modern radar devices, while stressing that Turkey’s bombing and military incursion have reached a stage that cannot be silenced.
Al-Fatlawi said in an interview Read more…

State contracts in dinars and the National Day holiday…the most prominent decisions of the Iraqi government

State contracts in dinars and the National Day holiday…the most prominent decisions of the Iraqi government

September 27, 2023 01:03 PM

The Prime Minister, Muhammad Shiaa Al-Sudani, chaired the thirty-ninth regular session of the Council of Ministers, during which developments in the situation in the country were discussed, the implementation of files related to various issues at the national level was followed up, and the progress of implementing the priorities of the government program, in addition to discussing Read more…

Barzani’s party rejects federal bank branches in Sulaymaniyah

Barzani’s party rejects federal bank branches in Sulaymaniyah

9-27-2023

Information / Baghdad…
The representative of Sulaymaniyah Governorate, Briar Rashid, confirmed that the regional government, represented by the Kurdistan Democratic Party, refused to open branches of Al-Rafidain and Al-Rasheed Banks in Sulaymaniyah Governorate, even though this matter represents one of the demands Read more…

Revealing parliamentary pressure to legislate the oil and gas law

Revealing parliamentary pressure to legislate the oil and gas law

9-26-2023

Information/Baghdad…
A member of the Oil, Gas and Natural Resources Committee, Bassem Ngheimesh Al-Gharibawi, revealed on Tuesday that there is parliamentary pressure to legislate the oil and gas law within the House of Representatives.

Al-Gharibawi told Al-Maalouma, “There is a real intention among most Read more…

Parliamentary Integrity opens the “Travelers’ Dollar” file and warns against imposing taxes on citizens

Parliamentary Integrity opens the “Travelers’ Dollar” file and warns against imposing taxes on citizens

2023-09-26 07:39

Shafaq News/ The Parliamentary Integrity Committee announced, on Tuesday, the opening of an investigation into the file of granting dollars to travelers due to suspicions of corruption, while warning of imposing taxes on citizens who received dollars from the electronic platform Read more…