The US Treasury reveals a trade agreement with China is imminent.
2025-10-30 06:53
Shafaq News – Washington
US Treasury Secretary Scott Bisent revealed on Thursday that a trade agreement between the United States and China is being finalized and is expected to be signed as early as next week.
“We finalized the Kuala Lumpur Agreement last night, and we expect to exchange Read more…
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Al-Sadr distances his movement from a plot to storm polling stations and destabilize the country on election day.
2025-10-30 01:28
Shafaq News – Najaf
On Thursday, Shiite nationalist leader Muqtada al-Sadr distanced his movement from a plot to storm polling stations, burn ballot boxes, and destabilize security and stability on the day of the Iraqi parliamentary elections scheduled for November 11.
This came in response to news that Al-Sadr learned about through Read more…
Two Arab countries are among the “G20″… Japan and China increase their holdings of US bonds
2025-10-30 02:24
Shafaq News – Follow-up
The US Treasury Department announced on Thursday that Japan and China, the two largest holders of US bonds, have increased their holdings, while two Arab countries were among the “Big Twenty”.
According to the latest table from the Ministry for 2025, Read more…
Iraq is the second largest exporter… America imports 29 million barrels of oil from OPEC
2025-10-30 03:49
Shafaq News – Follow-up
The U.S. Energy Information Administration revealed on Thursday that the United States imported more than 20 million barrels of oil from OPEC countries in July, with Iraq being the second largest exporter among these countries.
According to statistics from the administration, Read more…
Iraq and Turkey sign economic and trade cooperation agreements in Baghdad
2025-10-30 05:44
Shafaq News – Baghdad
The second session of the Iraqi-Turkish Joint Economic and Trade Committee was held in Baghdad on Thursday, chaired by Iraqi Minister of Trade Atheer Dawood Al-Ghurairi and his Turkish counterpart Omar Bolat, with the participation of representatives of the public and private sectors from both countries.
A statement issued Read more…
Iraqi Dinar Guru opinions 10-29-2025
10-29-2025 Guest Boots-On-The-Ground Guru Maxis Question: “Are your guys talking about seeing reports on TV educating about lower notes? Showing lower notes, 50’s, lower notes from other countries, Fils and coins?” They are but they don’t believe it but they can’t get them…I went to the bank and my local shop here in Baghdad. There are no 50 Dinar notes in play but they did reissue the 50,000 dinar note. I bought 2…the old Saddam notes are worthless. They are sold in Iraq as keepsakes in the markets. Read more…
The Central Bank of Iraq signs a cooperation agreement with the National Bank of Kuwait – Bahrain.
2025-10-29
The Central Bank of Iraq signed a joint cooperation agreement with National Bank of Kuwait-Bahrain in the capital Baghdad.
A statement from the bank indicated that “under the patronage and in the presence of the governor Central Bank of Iraq, Ali Mohsen Al-Alaq, Read more…
Iraq is close to ending associated gas flaring by 80% by the first quarter of 2026
10-29-2025
Information/Baghdad
MP Ali Al-Lami confirmed on Wednesday that Iraq has made great strides in reducing the flaring of associated gas during oil extraction operations, noting that the country will be able to reduce this phenomenon by up to 80% by the beginning Read more…
Liquidity and balance of payments in Iraq declined over the past three months.
2025-10-29 01:17
Shafaq News – Baghdad
The Iraqi Ministry of Planning announced on Wednesday the economic indicators for the country for the first quarter of 2025.
The Ministry’s Central Statistical Organization stated in a report seen by Shafaq News Agency that the most important indicators for the first quarter of 2025 point Read more…
“Oil for water”: A Turkish agreement places Iraq at the heart of an equation that confounds Iran.
2025-10-29 04:16
Shafaq News – Tehran / Special Translation
In a move described as unprecedented in the Middle East, Turkey is moving towards an agreement to release one billion cubic meters of water towards Iraq, in exchange for exporting half a million barrels of oil per day to Turkey.
The deal, which appears purely economic on the surface, is fundamentally Read more…
A report ranks Iraq on the “strongest reputation” index for countries.
2025-10-29 03:57
Shafaq News – Baghdad
Iraq ranked 117th globally and eighth in the Arab world in the index of countries with the strongest international reputation, according to a report by the American magazine CEOWORLD.
The magazine stated in its report, which was reviewed Read more…
5 days of electoral calm.. The Commission reveals the date of special voting and the voting holiday – Urgent
2025-10-29
The Electoral Commission revealed on Tuesday (October 28, 2025) the details of the election holiday and the date of the special voting for the upcoming House of Representatives elections.
The head of the commission’s media team, Imad Jamil, said in a press statement that “the special voting will take place on Read more…
Iraqi Dinar Guru opinions 10-28-2025
10-28-2025 Newshound Guru Militia Man Removing three zeros from the currency doesn’t make any sense to me…They’re not going to take off three zeros off the currency. But what they’ll do is they’ll take three zeros from the exchange rate. Read more…
With Al-Sudani’s attendance, Iraq ushered in a renewed banking era.
10-28-2025
Baghdad – Mail
Arab Bank – Iraq inaugurated its headquarters in Baghdad in the presence of Prime Minister Mohammed Shia al-Sudani, who affirmed that the bank’s presence represents a strategic addition to the national banking sector.
The bank said in a statement, “The launch of Arab Bank – Iraq comes Read more…
Central Bank: E-commerce rises to $60 billion
10/28/2025
The Central Bank of Iraq expects the amount of electronic payments to reach $60 billion by 2035, as part of the reform plan and the gradual abandonment of paper transactions.
In an exclusive interview with Al-Sabah, the bank’s spokesperson, Read more…
Timur: The Baghdad-Erbil agreement includes the oil law and the implementation of Article 140.
10-28-2025
Al-Maalouma / Baghdad…
Representative Jiay Timur confirmed, on Tuesday, that the recent agreement between the federal government in Baghdad and the Kurdistan Regional Government included important understandings regarding Read more…
Al-Fayez: Talk of a second term for Al-Sudani is premature.
10-28-2025
Al-Maalouma/Baghdad..
MP Amer Al-Fayez confirmed on Tuesday that it is still too early to talk about a second term for Prime Minister Mohammed Shia Al-Sudani, noting that the results of the November 11 elections and the political alliances that will follow will determine Read more…
Due to election campaigns, Al-Saadi: No Parliament sessions before November 11
10-28-2025
Al-Maalouma / Baghdad..
The head of the Parliamentary Legal Committee, MP Murtada Al-Saadi, confirmed on Tuesday that it is impossible to hold any session of the House of Representatives before November 11, due to the preoccupation of political forces and representatives with the ongoing Read more…
Excelerate Energy CEO: Our agreement puts Iraq on the global gas market map for the first time
2025-10-28 04:55
Shafaq News – Baghdad
US company Excelerate Energy announced on Tuesday details of its agreement with the Iraqi government to develop the country’s first floating terminal for importing liquefied natural gas (LNG) at Khor al-Zubair Port in Basra Governorate, with an investment estimated at approximately $450 million.
The company said in a statement Read more…
IMF: Iraq is expected to be the fourth largest Arab economy by 2030.
2025-10-28 06:05
Shafaq News – Baghdad
The International Monetary Fund predicted on Tuesday that Iraq will rank fourth among the largest economies in the Arab world by 2030.
According to the report, Read more…