Iraq signs a contract with BP to develop and produce the four Kirkuk oil fields.

Iraq signs a contract with BP to develop and produce the four Kirkuk oil fields.

2025-03-26 04:09

Shafaq News/ Prime Minister Mohammed Shia al-Sudani sponsored, on Wednesday, the signing ceremony of a contract between the Ministry of Oil and the British company (BP), regarding the project to develop and produce the four oil fields in Kirkuk, which are: Read more…

The Iraqi government’s decision to borrow: economic analysis and implications

The Iraqi government’s decision to borrow: economic analysis and implications

3-26-2025

In an attempt to address the growing fiscal deficit and finance its massive infrastructure projects, the Iraqi government has decided to issue bonds worth 3 trillion dinars (approximately $2.3 billion), directed to local banks. This decision has sparked widespread debate about the current economic situation in Iraq, the pressures on its budget, and the government’s strategies to Read more…

Iraqi Dinar Guru opinions 3-25-2025

Iraqi Dinar Guru opinions 3-25-2025

3-25-2025 Intel Guru Frank26 Community comment: “I’m going to exchange my dinar at the casino at an international cruise line ship and I won’t have pay any taxes.” Frank26: Where do you get this garbage? What’s wrong with you? Pay your taxes. Throw it at Uncle Sam and then take what you got and invest it…Don’t be greedy. Read more…

Transfer of large numbers of US forces from Kuwait to Al-Asad base

Transfer of large numbers of US forces from Kuwait to Al-Asad base

3-25-2025

Information/Anbar…
A security source in Anbar province revealed on Tuesday that US forces have transferred a large number of their troops stationed in Kuwait to Ain al-Asad base in western Anbar.

The source told Al-Maalouma, “The Ain al-Assad air base in the al-Baghdadi area Read more…

Al-Mandlawi: Iraq is witnessing stability and has an attractive environment for investments.

Al-Mandlawi: Iraq is witnessing stability and has an attractive environment for investments.

3-25-2025

Information/Baghdad…
First Deputy Speaker of Parliament Mohsen al-Mandalawi affirmed on Tuesday that Iraq is interested in developing its relations with its brothers, neighbors, and friends. He also stated that Iraq invites reputable companies to invest in Iraq and benefit from its internal stability and attractive Read more…

Financial expert: Iraq’s budget deficit is due to bond issuance

Financial expert: Iraq’s budget deficit is due to bond issuance

2025-03-25 00:01

Shafaq News/ Financial expert and former director general of the Central Bank of Iraq, Mahmoud Dagher, attributed the country’s budget deficit on Tuesday to the Iraqi Ministry of Finance issuing large bonds.

Dagher told Shafaq News Agency, “The budget deficit is behind the Ministry of Finance’s efforts to issue bonds worth 3 trillion dinars Read more…

In Baghdad and Erbil, the dollar recorded a new decline against the Iraqi dinar.

In Baghdad and Erbil, the dollar recorded a new decline against the Iraqi dinar.

2025-03-25 01:07

Shafaq News/ The US dollar exchange rate against the Iraqi dinar fell on Tuesday morning in Baghdad markets and in Erbil, the capital of the Kurdistan Region.

A Shafaq News Agency correspondent said that the dollar price fell on the Al-Kifah and Al-Harithiya stock exchanges, recording Read more…

A new collapse hits the Iranian toman

A new collapse hits the Iranian toman

2025-03-25 04:42

Shafaq News/ The Iranian currency recorded a new and unprecedented decline against the US dollar on Tuesday, exceeding the one million toman barrier to the dollar, amid growing fears of the repercussions of Read more…

Iraq enters a new commercial era and approaches the “path of development.”

Iraq enters a new commercial era and approaches the “path of development.”

2025-03-25 04:22

Shafaq News/ The American Transportation Bulletin, a website specializing in commercial shipping affairs, reported that Iraq will begin implementing a global transportation system next week, marking the beginning of a new era Read more…

Iraq: Official work will be suspended throughout the next week on the occasion of Eid al-Fitr.

Iraq: Official work will be suspended throughout the next week on the occasion of Eid al-Fitr.

2025-03-25 05:39

Shafaq News/ The Iraqi government decided to suspend official work throughout next week on the occasion of Eid al-Fitr.

The Prime Minister’s Media Office said in a statement received Read more…

Iraqi Dinar Guru opinions 3-24-2025

Iraqi Dinar Guru opinions 3-24-2025

3-24-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says that in his opinion all of these recent meetings we have been seeing, especially with Donald Trump and Sudani in the IMF, World Bank, with your USA Treasury and with all of these oil companies that have signed with Sudani and with Erbil. The last meeting was Sudani and the USA Secretary…All of this points to a new exchange rate coming. If not, none of these meetings would have been needed. FRANK: We’re both on the same page… Read more…

Baghdad informs Washington that Iran is using “forged Iraqi documents” to sell its oil.

Baghdad informs Washington that Iran is using “forged Iraqi documents” to sell its oil.

2025-03-24

SumerianNews-Economy
Minister of Oil Hayyan Abdul Ghani, on US-Iraqi talks regarding the accusations against…Iraq About SOMO’s involvement in selling Iranian oil as Iraqi to help…Iran In bypassing the issue of sanctions.

Abdul Ghani said in statements to state television, “US naval forces seized Iranian Read more…

A government advisor explains the importance of loan bonds in supporting the budget.

A government advisor explains the importance of loan bonds in supporting the budget.

2025/03/24

The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, considered issuing loan bonds to support spending in the financial budget.
Saleh told Al Furat News Agency, “The Ministry of Finance, in cooperation with the Central Bank of Iraq, issued the first issue of borrowing bonds worth 2 trillion Read more…

Al-Sudani: Electronic automation is the ideal solution to combat financial corruption.

Al-Sudani: Electronic automation is the ideal solution to combat financial corruption.

3-24-2025

Al-Maalouma/Baghdad..
Prime Minister Mohammed Shia Al-Sudani stressed, on Monday, the importance of having the judicial departments in one place to reduce the effort on reviewers, while indicating that the implementation of the electronic automation project will contribute to facilitating the completion of Read more…

Is Washington using the dollar to destabilize Iraq?

Is Washington using the dollar to destabilize Iraq?

3-24-2025

Information/Special..
Security expert Mu’ayyad al-Juhaishi ruled out on Monday the possibility of the United States resorting to a military option to strike Iraq, suggesting it would instead rely on economic tools to exert pressure and Read more…

To compensate for Iranian gas, Iraq plans to build two floating platforms in the Gulf.

To compensate for Iranian gas, Iraq plans to build two floating platforms in the Gulf.

2025-03-24 05:21

Shafaq News/ Bloomberg reported that Iraq is trying to address the electricity shortage caused by US sanctions on Iran by negotiating with several companies to establish two floating platforms at sea to store and transfer gas by next Read more…

Trump: April 2 will be Freedom Day for America

Trump: April 2 will be Freedom Day for America

2025-03-24

US President Donald Trump declared on Sunday, March 23, 2025, that April 2 will be “Freedom Day” for America, announcing new tariffs.

Trump wrote in a post on Truth Social: “It would be far better if Read more…

Iraqi Dinar Guru opinions 3-23-2025

Iraqi Dinar Guru opinions 3-23-2025

3-23-2025 Newshound Guru Militia Man German report “Iraq is moving towards issuing a digital currency to eliminate US control over the central bank.” Quote “Iraq has begun abandoning the US dollars…It will have the same value as traditional currencies but will trade electronically via digital wallets or approved financial applications…” It’s really good for all this information to come out about digital currency and the power that it has because it’s going to be legally accepted. It’s going to be legally enforced as a monetary unit…Germany reporting on it is a big deal. They have some big banks over in Germany. Read more…

Al-Sudani directs the preparation of plans to accelerate the reform process of Rafidain and Rashid banks in accordance with international standards.

Al-Sudani directs the preparation of plans to accelerate the reform process of Rafidain and Rashid banks in accordance with international standards.

2025-03-23

Prime Minister Mohammed Shia al-Sudani has directed the preparation of plans to expedite the reform process of the Rafidain and Rashid banks in accordance with international standards.

A statement from his media office said that Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures Read more…

Rafidain Bank launches a banking transactions monitoring system in a number of its branches.

Rafidain Bank launches a banking transactions monitoring system in a number of its branches.

2025/03/23

Rafidain Bank, in partnership with leading global and international institutions, announced the launch of the Daily Financial Transactions Monitoring (AML) system in six major branches of regulatory importance: Al Waziriyah, Al Muheet, Al Rafie, Al Dora Oil Complex, Zurbatiyah, and Safwan.

The bank said in a statement Read more…