Parliamentary warning on the banking reform paper: It has made Iraqi money captive to foreign banks.

Parliamentary warning on the banking reform paper: It has made Iraqi money captive to foreign banks.

2025-10-07 03:55

Shafaq News – Baghdad
MP Haitham al-Fahd, representing the al-Asas parliamentary bloc, warned on Tuesday of financial paralysis that could befall Iraq due to the banking reform paper, noting that the paper came with US controls and placed Iraqi funds Read more…

Iraq leads Arab countries in economic growth forecasts for 2026.

Iraq leads Arab countries in economic growth forecasts for 2026.

2025-10-07 04:39

Shafaq News – Baghdad
The World Bank forecast on Tuesday that the Iraqi economy will record the highest growth rate among Arab countries in 2026, at 6.7%, placing it first in the Arab world on the list of economic performance expected to grow next year.

This high growth reflects a clear improvement Read more…

Masrour Barzani announces the Kurdistan Region’s readiness to support Baghdad with electricity.

Masrour Barzani announces the Kurdistan Region’s readiness to support Baghdad with electricity.

2025-10-07 05:48

Shafaq News- Erbil
Kurdistan Regional Government Prime Minister Masrour Barzani announced on Tuesday the region’s readiness to assist the federal government in providing electricity by leveraging the successful experience of the Ronaki project, reforming the banking system, and digitizing Read more…

The Iraq Development Fund signs memoranda of understanding with four major countries.

The Iraq Development Fund signs memoranda of understanding with four major countries.

2025-10-07

The Iraq Development Fund announced on Tuesday the signing of memoranda of understanding with four major countries, while indicating that Japan’s aid to Iraq amounts to billions due to its importance to it. The Executive Director of the Iraq Development Fund, Mohammed Al-Najjar, stated in a statement to the official agency, “The Iraq Development Fund is open to all countries of the world, and we Read more…

Iraqi Dinar Guru opinions 10-6-2025

Iraqi Dinar Guru opinions 10-6-2025

10-6-2025 Newshound/Intel Guru Mnt Goat Article: “OIL: AGREEMENT TO DELIVER KURDISTAN’S OIL TO SOMO AND EXPORT IT VIA CEYHAN IN ACCORDANCE WITH THE CONSTITUTION AND BUDGET.” The BEST part about this agreement is now the US Treasury can exchange our dinars for cheap oil credits, as planned, without sacrificing the entire Iraqi economy… You see there had to be this Oil and Gas agreement (HCL) first…Now you are going to see why it is so important to get this law in place…But remember too that the finalized law has not been submitted to parliament as of yet. Read more…

Government advisor: Iraq’s gold reserves are managed efficiently and are estimated at 132 tons.

Government advisor: Iraq’s gold reserves are managed efficiently and are estimated at 132 tons.

2025/10/06

The Prime Minister’s economic advisor, Mazhar Mohammed Saleh, confirmed that the gold asset cycle “has reached its peak,” noting the possibility of gold prices falling again despite recent historic highs.
Saleh added to Al Furat News Agency a copy of it that this expectation coincides with the liquidity dwindling at major gold-buying banks at “critical levels,” Read more…

Jaafar: Al-Sudani has bypassed the Coordination Framework and will not have a chance for a second term.

Jaafar: Al-Sudani has bypassed the Coordination Framework and will not have a chance for a second term.

10-6-2025

Al-Maalouma/Baghdad..
Former MP Jassim Mohammed Jaafar confirmed on Monday that the majority of the Coordination Framework forces will not support the renewal of al-Sudani’s second term, due to what he described as “failures” he committed in not coordinating with Read more…

The barrel of sovereignty is exported on American orders. Baghdad responds and Erbil smiles.

The barrel of sovereignty is exported on American orders. Baghdad responds and Erbil smiles.

10-6-2025

Information / Exclusive ..
In a familiar scene where roles are repeated, Baghdad and Erbil signed an oil agreement with a “pure American flavor.” It is no secret that its details were drawn up there, behind glass doors in Washington, not under the dome of the Iraqi parliament or in Read more…

Lack of credit: Iraqi banks retreat from lending and become “trustless piggy banks.”

Lack of credit: Iraqi banks retreat from lending and become “trustless piggy banks.”

2025-10-06 03:16

Shafaq News – Baghdad
Some state-owned banks appear to have backed away from their credit plans for this year. In recent years, they had financed loans to citizens and the government to cover salaries and general expenses. This has raised questions about the future of the local banking system and public confidence in it.

An informed source told Shafaq News Agency, “Some government banks, including Read more…

Tehran on the “trigger mechanism”: Our funds in Baghdad are safe

Tehran on the “trigger mechanism”: Our funds in Baghdad are safe

2025-10-06 03:10

Shafaq News – Tehran
Secretary-General of the Iran-Iraq Joint Chamber of Commerce, Jahanbakhsh Sanjabi Shirazi, confirmed on Monday that Iranian financial resources in Iraqi banks are secure, despite the activation of the “trigger mechanism.”

Sanjabi told the Iranian Tasnim News Agency that “the United States and the three Read more…

The Taliban rejects Trump’s call to retake Bagram Air Base.

The Taliban rejects Trump’s call to retake Bagram Air Base.

2025-10-06 03:59

Shafaq News – Kabul
Taliban spokesman Zabihullah Mujahid on Monday categorically rejected US President Donald Trump’s call to retake Bagram Air Base in Afghanistan.

In an exclusive interview with Sky News, Mujahid asserted, “Afghans will never allow their land to be surrendered to any party Read more…

“Raging for Years”: US-Chinese Competition Over Investments in Iraq

“Raging for Years”: US-Chinese Competition Over Investments in Iraq

2025-10-06 04:43

Shafaq News – Translation
Iraq represents a vital battleground and an “economic prize” in the face of multipolar geopolitical competition, particularly between the United States and China, with their divergent and competing investment approaches to the opportunities Iraq offers, while Baghdad…

According to a report by Read more…

Baghdad Digital Transformation Council: Adoption of electronic payment has achieved significant growth over the past period.

Baghdad Digital Transformation Council: Adoption of electronic payment has achieved significant growth over the past period.

2025-10-06

The Baghdad Digital Transformation Council announced on Monday that the adoption of electronic payments has achieved significant growth over the past two years, while pointing to a qualitative leap in digital transformation thanks to government and Central Bank Read more…

Iraqi Dinar Guru opinions 10-5-2025

Iraqi Dinar Guru opinions 10-5-2025

10-5-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Economist on TV saying that exchange rate are controlled by the CBI banks and the banks are facing many challenges at this time. But we have accomplished all of our monetary reforms. FRANK: Every day! …Once again we are reassured by Sudani and Alaq…that you are going to be receiving your purchasing power. This economist today tells you the CBI controls the exchange rate…It’s very obvious what they’re telling you…They’re telling you the truth…IMO he is being told to come out everyday along with many other so-called financial experts to remind you there is a change coming to your new exchange rate. Read more…

Parliamentary Services: Development roadmaps are in their final stages, with implementation set to begin in early 2026.

Parliamentary Services: Development roadmaps are in their final stages, with implementation set to begin in early 2026.

10-5-2025

Al-Maalouma/Baghdad..
The Parliamentary Services and Reconstruction Committee revealed, on Sunday, that the maps of the Development Road project have reached their final stages, while it expects the launch of the first phase of the project in the first quarter of Read more…

In exchange for a second term, a politician reveals that Al-Sudani sent a delegation to Washington to normalize relations with Israel.

In exchange for a second term, a politician reveals that Al-Sudani sent a delegation to Washington to normalize relations with Israel.

10-5-2025

Al-Maalouma/Anbar..
Director of the Iraqi Media Center in Washington, Nizar Haidar, revealed on Sunday that Prime Minister Mohammed Shia al-Sudani sent a government delegation to Washington to inform it of his approval of normalization with the Zionist entity.
Haidar said in a statement to Al-Maalouma Agency, “Al-Sudani sent a secret and unannounced government delegation to the United States of America Read more…

Renewed calls to expedite the submission of budget schedules

Renewed calls to expedite the submission of budget schedules

2025/10/05

Several members of the House of Representatives stressed the need for the government to expedite the submission of the 2025 budget tables, in line with applicable laws. This step is important for enhancing economic and financial stability, they stressed, emphasizing that completing budget procedures is Read more…

Distribution of investment opportunities for the development path

Distribution of investment opportunities for the development path

2025/10/05

Baghdad is preparing to host the quadripartite ministerial meeting for the Development Road Project, to discuss financing mechanisms and the distribution of investment opportunities across six strategic sectors, including agriculture, industry, trade, tourism, and Read more…

The Sudanese are evasive… and the citizen is paying the price for the failures.

The Sudanese are evasive… and the citizen is paying the price for the failures.

10-5-2025

Al-Maalomah/Report:
Amid ongoing service crises and the accumulation of unresolved sovereign issues, the government of Prime Minister Mohammed Shia al-Sudani is facing mounting parliamentary criticism, amid accusations of inaction and confusion in managing Read more…

Following previous US threats, Iraq’s Rafidain Bank closes its branches in Sana’a.

Following previous US threats, Iraq’s Rafidain Bank closes its branches in Sana’a.

2025-10-05 02:15

Shafaq News – Sana’a
Yemeni Minister of Information, Culture, and Tourism Muammar al-Eryani revealed on Sunday that the Iraqi state-owned Rafidain Bank has closed its branches in Sana’a.

Al-Eryani said in a blog post on the “X” website that “the decision of the Iraqi Rafidain Bank to close its branch in Sana’a and end its financial and banking activities is a step in the right direction and a direct result of Read more…