Al-Sudani forms a 40-member council to promote the private sector.

Al-Sudani forms a 40-member council to promote the private sector.

2025-03-23 ​​02:18

Shafaq News/ The Ministry of Planning announced on Sunday the issuance of a royal decree to form a private sector development council, headed by the Prime Minister. The council’s members will be 40.

The ministry said in a statement Read more…

Sistani’s office: Monday, March 31, is likely to be Eid al-Fitr.

Sistani’s office: Monday, March 31, is likely to be Eid al-Fitr.

2025-03-23 ​​06:07

Shafaq News/ The office of the highest religious authority, Grand Ayatollah Ali al-Sistani, announced on Sunday that Monday, March 31, is expected to be the first day of Eid al-Fitr.

The office of the Supreme Authority Read more…

Ministry of Oil: Planning to increase oil production to more than six million barrels per day by 2029

Ministry of Oil: Planning to increase oil production to more than six million barrels per day by 2029

2025-03-23

The Iraqi Ministry of Oil announced ambitious plans on Sunday to increase oil production to more than 6 million barrels per day by 2029, citing an agreement with BP to develop four oil fields in Kirkuk. Undersecretary of the Ministry of Oil, Bassem Mohammed Khudair, stated that the ministry is working to increase oil and gas Read more…

The Single Window System: An Electronic Revolution to Speed ​​Up Company Registration and Stimulate Investment in Iraq

The Single Window System: An Electronic Revolution to Speed ​​Up Company Registration and Stimulate Investment in Iraq

2025-03-23

Advisor to the Prime Minister, Mazhar Mohammed Salih, spoke on Sunday about the importance of the “single window” for company registration, noting that this unified electronic system has many exceptional advantages that contribute significantly to improving the business Read more…

The Prime Minister listens to offers to establish a new bank under the name Rafidain First.

The Prime Minister listens to offers to establish a new bank under the name Rafidain First.

2025-03-23

Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures at Rafidain and Rashid banks, attended by representatives from Ernst & Young. The meeting also reviewed the progress made in the government’s banking reform project to restructure and develop Read more…

Ministry of Water Resources: Equipping and installing more than 400 solar-powered well pumping kits.

Ministry of Water Resources: Equipping and installing more than 400 solar-powered well pumping kits.

2025-03-23

The Ministry of Water Resources announced on Sunday that it has equipped and installed more than 400 solar-powered well pumping stations across the country over the past few years. A statement from the ministry stated that “the General Authority for Groundwater has installed 312 solar-powered pumping stations in Read more…

Iraqi Dinar Guru opinions 3-22-2025

Iraqi Dinar Guru opinions 3-22-2025

3-22-2025 Intel Guru Frank26 Article Quote: “Washington politician said the factions in Iraq are now disarmed” We have captured the enemy that does not want the new exchange rate to come out inside of Iraq. ‘We’ being the United States of America, along with Sudani and his military troops. We’re working with them…When you capture the enemy, the first thing you do is you disarm them… Read more…

Economist: Government measures are insufficient to resolve the dollar exchange rate crisis in Iraq

Economist: Government measures are insufficient to resolve the dollar exchange rate crisis in Iraq

2025/03/22

Economic expert Basem Jamil Antoine confirmed today, Saturday, that the dollar exchange rate in Iraq is witnessing significant fluctuations, especially with the approach of Eid and the increase in Read more…

Mazhar Muhammad Salih: Delaying the 2025 budget schedules will have no impact on government spending.

Mazhar Muhammad Salih: Delaying the 2025 budget schedules will have no impact on government spending.

2025/03/22

Mazhar Mohammed Saleh, the Prime Minister’s economic advisor, explained today, Saturday, the importance of the financial tables that will be sent to the House of Representatives regarding the necessary adjustments to the 2025 budget.
Saleh told Al Furat News Agency, “Despite its delay Read more…

Al-Marsoumi: Reducing oil production will reduce Iraq’s revenues by $3 billion.

Al-Marsoumi: Reducing oil production will reduce Iraq’s revenues by $3 billion.

3-22-2025

Information / Special..
Economic expert Nabil Al-Marsoumi confirmed on Saturday that Iraq’s decision to reduce its oil production by 125,000 barrels per day, as part of its commitment to the OPEC+ agreement, will lead to a decline in oil exports to approximately Read more…

American boxing legend George Foreman dies

American boxing legend George Foreman dies

2025-03-22

Shafaq News/ American boxing legend George Foreman passed away at the age of 76.

George Foreman’s family announced in a statement on Instagram on Saturday that the legendary boxer Read more…

Including Harris and Clinton, Trump revokes security clearances of 12 of his opponents.

Including Harris and Clinton, Trump revokes security clearances of 12 of his opponents.

2025-03-22

Shafaq News/ In a memo issued late Friday night, US President Donald Trump directed federal agencies to revoke the security clearances of more than a dozen perceived political opponents, including former Vice President Kamala Harris and former Secretary of State Hillary Clinton.

The memo, published by CNN, stated: “I hereby direct all executive departments and agency heads to Read more…

Iraq’s foreign exchange reserves cover 18 months of imports.

Iraq’s foreign exchange reserves cover 18 months of imports.

2025-03-22 00:06

Shafaq News/ The Central Bank of Iraq revealed on Saturday that foreign currency reserves cover a year and a half of imports during the third quarter of 2024.

The bank said in a report on “monetary stability,” Read more…

Ministry of Communications: Iraq strengthens its position as a global communications corridor thanks to the Road of Civilizations project.

Ministry of Communications: Iraq strengthens its position as a global communications corridor thanks to the Road of Civilizations project.

2025-03-22

Minister of Communications, Hiyam Al-Yasiri, stated on Saturday that Iraq has succeeded in consolidating its position as a global communications corridor, attracting numerous international companies. She pointed out that the “Road of Civilizations” project has significantly contributed to increasing Read more…

Iraqi Dinar Guru opinions 3-21-2025

Iraqi Dinar Guru opinions 3-21-2025

3-21-2025 Newshound/Intel Guru Mnt Goat I am going to show you the …events that…can have a huge impact on moving forward with the reinstatement of the Iraqi dinar. These events include: 1. …the direct implementation of the ASYCUDA SYSTEM at customs throughout Iraq. 2. …the “White Paper” Pillars of Financial Reform… we know that the…efforts are all but fully completed. 3. …the issue of the parallel market (black market) and the CBI now tells us they have to “kill it” permanently. 4. The Silk Road and Industrial Cities projects. 5. The US has already declared that Iraq must deal with the Iranian militia…According to the US president, Iraq must reverse its course from an Iranian puppet state. 6. The passing of the Oil and Gas law… I firmly believe that it will be convergence of these six (6) activities above that will get us the reinstatement back to FOREX. Read more…

Large US military convoys heading towards Al-Assad base

Large US military convoys heading towards Al-Assad base

3-21-2025

Information/Anbar..
A security source in Anbar province announced on Friday that US convoys loaded with military equipment and vehicles were moving from Baghdad and the northern provinces towards Ain al-Assad base west of Anbar, coinciding with the arrival of additional forces. Read more…

Gold prices expected to rise to $5,000 per ounce

Gold prices expected to rise to $5,000 per ounce

2025-03-21 00:13

Shafaq News/ Egyptian businessman Naguib Sawiris expects gold prices to reach $5,000 per ounce in the near future, believing the precious metal will remain a safe haven for investors, especially in light of Read more…

Iraq decides to voluntarily reduce its oil production by 125,000 barrels per day.

Iraq decides to voluntarily reduce its oil production by 125,000 barrels per day.

2025-03-21

Economist Nabil Al-Marsoumi announced on Friday that Iraq will voluntarily reduce its crude oil production by 125,000 barrels per day, starting from March until June 2026, due to its failure to comply with its production quota under the OPEC+ agreement. Al-Marsoumi stated that “this reduction will lead to a decline in Iraqi Read more…

Iraqi Dinar Guru opinions 3-20-2025

Iraqi Dinar Guru opinions 3-20-2025

3-20-2025 Intel Guru Frank26 I very strongly believe as the cards are being dealt out, we investors of the Iraqi dinar are holding a trump card…Security and stability is the only thing that we need. Do we need to calculate the exchange rate? No. The RV phase took care of that over a dozen years ago. Do we need to get the banks up to modern technology, up to par with the rest of the international world? No, the US Treasury is on the ninth floor, the whole freaking floor! …Do you think that’s for 1310? No, I don’t Frank. Well good for you then because you hold a trump card don’t you? Yes you do. Read more…

Al-Maliki: The dollar’s rise confirms the government’s failure to control the exchange rate.

Al-Maliki: The dollar’s rise confirms the government’s failure to control the exchange rate.

3-20-2025

Al-Maalouma/Baghdad..
Representative Raed Al-Maliki confirmed, on Thursday, that the rise of the dollar confirms the government’s failure to control the exchange rate.
Al-Maliki said, in a statement to / Al-Maalouma / agency, that “the continued rise in the dollar exchange rate reflects the government’s failure Read more…