IRAQI DINAR POLITICS & ECONOMY

Iraq concludes a contract to drill dozens of oil wells and increase its production by 800,000 barrels per day

Iraq concludes a contract to drill dozens of oil wells and increase its production by 800,000 barrels per day

2021-10-21 05:24

Shafaq News/ The head of the National Oil Company and Oil Minister Ihsan Abdul-Jabbar Ismail stressed on Thursday the importance of using modern technologies in implementing operations to maintain and increase oil production from oil fields, especially the “horizontal” or inclined drilling technique.

This came during his attendance and sponsorship of a ceremony to launch Read more…

The Sadrist movement rejects the comprehensive manual counting and sorting: the election law is the final decision

The Sadrist movement rejects the comprehensive manual counting and sorting: the election law is the final decision

2021-10-21 08:19

Shafaq News/ The Sadrist movement renewed its position rejecting comprehensive manual counting and any political interference or circumvention on the results of the parliamentary elections, stressing that the provisions of the Elections Law No. 9 of 2020 are the decisive factor for all appeals and complaints.

The former deputy Read more…

This is why Muqtada al-Sadr’s movement won the Iraqi elections, and its Shiite rivals failed

This is why Muqtada al-Sadr’s movement won the Iraqi elections, and its Shiite rivals failed

10-21-2021

BAGHDAD – The victory of the Sadrist movement – led by Muqtada al-Sadr – in first place in Iraq’s early elections raises question marks about the centers of power that the Sadrists possessed behind the scenes of managing the voting process.

This force resulted in the Sadrist bloc winning 73 seats in the upcoming parliament, and observers attribute it to several factors, most notably Read more…

Political Analyst:: The judiciary has the final word on the manual counting and sorting of polling results

Political Analyst:: The judiciary has the final word on the manual counting and sorting of polling results

2021-10-21

Political analyst Muhammad Karim Al-Saadi confirmed, on Thursday, that the judiciary has the final word on recounting and manual counting of all ballot boxes, pointing out that Parliament cannot hold its first session and then go towards dissolving itself to hold other elections.

Al-Saadi said in a statement to “Al-Maalouma”, that “the Iraqi law is clear Read more…

After the rise in oil, an expert reveals the possibility of reducing the dollar exchange rate with this mechanism

After the rise in oil, an expert reveals the possibility of reducing the dollar exchange rate with this mechanism

02:53 – 10/202021

Special – Mawazine News
, the economic expert, Nabil Al-Marsoumi, revealed, on Wednesday, the possibility of restoring the dollar exchange rate to its previous era, by a certain mechanism.
Al-Marsoumi told Mawazine News, “The current budgets in Iraq have inflated, and the 2021 budget differs from its predecessors,” noting that “the actual spending Read more…

Low dollar exchange rates with the closure of Baghdad markets

Low dollar exchange rates with the closure of Baghdad markets

2021-10-20 08:32

Shafaq News/ The exchange rates of the US dollar decreased against the Iraqi dinar, on Wednesday, with the closure of the main stock exchange in the capital, Baghdad. Read more…

Al-Maliki is taking a “surprising” path with the aim of achieving a “third term”

Al-Maliki is taking a “surprising” path with the aim of achieving a “third term”

2021-10-20 08:27

Shafaq News/ Independent candidates who won the recent early parliamentary elections revealed, on Tuesday, a “surprising” move by the head of the State of Law coalition, Nuri al-Maliki, to win their votes with the aim of forming the largest bloc through which the latter seeks to occupy the prime ministership for a third term.

Al-Maliki served as prime minister for two consecutive terms Read more…

Al-Wataniya, calling for “manual counting”: Al-Kazemi told Allawi that it was easy to penetrate the polling machines

Al-Wataniya, calling for “manual counting”: Al-Kazemi told Allawi that it was easy to penetrate the polling machines

2021-10-20 05:33

Shafaq News/ The National Coalition headed by Iyad Allawi demanded, on Wednesday, the commission to recount and manually sort the election results according to the parliament law, while noting that Prime Minister Mustafa Al-Kazemi informed Allawi of the ease of penetrating the voting machines.

The leader of the National Coalition, Kazem Al-Shammari, said in a press conference Read more…

Iraq expects a jump in oil prices to $ 100 a barrel in 2022

Iraq expects a jump in oil prices to $ 100 a barrel in 2022

10-20-2021

Iraqi Oil Minister Ihsan Abdul-Jabbar said today, Wednesday, that he expects oil prices to reach $100 per barrel in the first and second quarters of 2022, with global stocks falling to their lowest levels.

Abdul-Jabbar pointed out – at a conference of the ministry in Baghdad – that the oil industry is going through a state of recovery today, after the rise in oil prices Read more…

An American report excludes the formation of the Iraqi government before the summer and warns against the factions and a “weak” prime minister

An American report excludes the formation of the Iraqi government before the summer and warns against the factions and a “weak” prime minister

2021-10-19 08:47

Shafaq News/ The American “World Politics Review” website did not rule out that Iraq’s “long and winding” path of negotiations after the October 10 elections between the powerful and armed blocs, leading to the swearing in of the new government, will continue until next summer.

The report, translated by Shafak News Agency, considered that “the results of the elections “allowed for the emergence of many important shifts in the internal Read more…

Low dollar prices at the closure of Baghdad markets

Low dollar prices at the closure of Baghdad markets

2021-10-19 08:27

Shafaq News/ The exchange rates of the dollar decreased against the Iraqi dinar, on Tuesday, with the closure of the main stock exchange in Baghdad. Read more…

The Commission reveals the deadline for announcing the final results of the early elections

The Commission reveals the deadline for announcing the final results of the early elections

2021-10-19 01:20

Shafaq News/ The Independent High Electoral Commission in Iraq revealed today, Tuesday, the deadline for announcing the final results of the early parliamentary elections.

Imad Jamil, a member of the media team of the commission, told Shafaq News Read more…

Al-Maliki’s return… a head hits the chest wall

Al-Maliki’s return… a head hits the chest wall

10-19-2021

Former Prime Minister Nuri al-Maliki seeks to win the largest parliamentary bloc, and to return again to the premiership. The State of Law Coalition; The winner is 36 seats. He does not hide these ambitions, but he is facing his opponent, Muqtada al-Sadr, and his allies from the losing factions, which are looming with military action on the ground.

A source close to al-Maliki said that al-Maliki “tested all the winners of the elections Read more…

Restructuring banks is an experience that breaks into long-standing institutions, and experts fear its consequences

Restructuring banks is an experience that breaks into long-standing institutions, and experts fear its consequences

2021-10-18 09:13

Shafaq News/ After the Ministry of Finance decided to take a package of reform measures related to the restructuring of Al-Rafidain Bank, which is one of the most prestigious and oldest Iraqi state institutions, and after years of pressure and demands from the International Monetary Fund to restructure Iraqi government banks and make them more in line with the economy, some financial policy specialists considered It is economical that this step is necessary to develop Read more…

The Sadrist Movement: We are continuing to form the government through strong alliances

The Sadrist Movement: We are continuing to form the government through strong alliances

2021-10-18 09:05

Shafaq News/ The leader of the Sadrist movement, former MP, Riyad Al-Masoudi, confirmed Sunday, that his movement is continuing to form “strong and capable” political alliances to announce the new government in the near future.

Al-Masoudi told Shafaq News Agency, “The Sadrist bloc will not follow the previous mechanisms to form the government,” noting that “they will move towards forming Read more…

Dollar exchange rates in the Iraqi market

Dollar exchange rates in the Iraqi market

Monday 18 October 2021 | 10:21 am

The exchange rates of the dollar against the Iraqi dinar on a daily basis, according to the variables of the currency exchange market in the capital, Baghdad, and the provinces of the country . Read more…

Politician: Blackshart received promises of high-ranking positions if the Iraqi elections were rigged

Politician: Blackshart received promises of high-ranking positions if the Iraqi elections were rigged

2021-10-18

Sunday, political analyst Hussein Al-Kinani confirmed that the United Nations envoy, Jeanine Plasschaert, is the American tool and cover for interfering in Iraq’s affairs.

Al-Kinani said in an interview with “Al-Ahd News”: “The American administration controls the United Nations and this is not hidden from anyone, and therefore there are promises given to Plasschaert for high positions in NATO and others Read more…

Anticipated demonstrations in front of the Green Zone, rejecting the election results

Anticipated demonstrations in front of the Green Zone, rejecting the election results

2021-10-18

Today, Monday, a security source said that there will be demonstrations that will start this afternoon, for the candidates and their audience from the partisan Islamic movements.

The source said, “The candidates and a number of their fans and the civilian public will organize a protest in front of the Green Zone, rejecting Read more…

Tariq Harb clarifies about the “largest bloc”: alliances in front of the Sadrist movement are “useless”!

Tariq Harb clarifies about the “largest bloc”: alliances in front of the Sadrist movement are “useless”!

2021.10.17 – 11:15

people – Baghdad

Law expert Tariq Harb confirmed, on Sunday, that the new election law prevented the alliance of blocs and parties from forming the “largest bloc.”

Harb said in a statement followed by “Nass” (October 17, 2021), that “the moderate parliament is the next parliament in Baghdad, even if it becomes without virtue Read more…

Iraq announces its oil plan as crude prices rise to record levels

Iraq announces its oil plan as crude prices rise to record levels

2021.10.17 – 10:08

Baghdad – people

The Ministry of Oil confirmed, on Sunday, that Iraq aims to achieve the highest financial revenues by adhering to the OPEC Plus agreement.

The official spokesman for the ministry, Assem Jihad, said in a statement to the official newspaper, followed by “Nass”, (October 17, 2021), that “Iraq was one of the active members in reaching an agreement Read more…