Ports announces its inclusion in the global list of lateral transport service providers.
8-28-2025
Information/Baghdad..
The General Company for Iraqi Ports announced today, Thursday, its inclusion in the global list of Side-Loading Service (STS) providers.
The company’s general manager, Farhan Al-Fartousi, said in a statement received by Al-Maalouma Agency, “The General Company for Ports of Iraq has achieved a new qualitative accomplishment, represented by its official inclusion Read more…
The Kurdistan Region deposits 120 billion dinars of non-oil revenues into the Iraqi treasury account.
2025-08-28 00:23
Shafaq News – Erbil
The Kurdistan Region’s Ministry of Finance and Economy announced on Thursday that non-oil revenues for June had been deposited into the federal Ministry of Finance’s bank account.
The Ministry of Finance stated in a statement today that the region’s non-oil revenues for June 2025, amounting to Read more…
Expecting a record collapse in the toman, the Revolutionary Guards’ media attacks a “pessimistic” report by the Iranian Chamber of Commerce.
2025-08-28 03:07
Shafaq News – Tehran
In a recent report, the Iranian Chamber of Commerce presented the worst-case scenario in the event of the activation of the “snapback” mechanism, predicting that the exchange rate would jump to 165,000 tomans and inflation would exceed 90% Read more…
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Through two projects, the Iraqi Oil Minister promises to achieve self-sufficiency in gasoline production by 2025.
2025-08-28 03:29
Shafaq News – Baghdad
Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani al-Sawad said on Thursday that Iraq will achieve self-sufficiency in gasoline production by 2025 through the launch of two new projects in Read more…
The ghost of the 1990s haunts Iraq: economic collapse, stifling sanctions, and a solution: “divorce Iran.”
2025-08-28 05:27
Shafaq News – Special Translation
Baghdad’s continued rapprochement with Iran raises fears that Iraq could return to the 1990s. Its continued close ties with Iran represent a “weak point” at a time when the region is undergoing a period of broad geopolitical transformations that place the country’s future at risk.
According to a report Read more…
Iraq’s imports of goods amounted to about $90 billion during the year.
2025-08-28 05:12
Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday that Iraq’s imports of goods from around the world will exceed $87 billion in 2024.
The bank stated in statistics reviewed Read more…
Oil Products: Our revenues from electronic payments have increased to 700 billion dinars per month.
2025-08-28
The Oil Products Distribution Company confirmed on Thursday that its revenues from electronic payments have risen to 700 billion dinars per month. In a statement to the official news agency, the company’s general manager, Hussein Talib, stated that “the company was among the first government departments to adopt electronic Read more…
Iraqi Dinar Guru opinions 8-27-2025
8-27-2025 Newshound Guru Militia Man After 20 years the architects of the plan have got this to a place where they’re publicly telling you integration into the global finical system is imminent…I don’t know what day it’s going to be or what that’s going to completely mean…it’s not their job to tell us specifically. They have to keep that very tight-chested and they have. Read more…
The International Development Bank launches the first smart branch in Iraq.
2025-08-27 09:41
Shafaq News – Baghdad
The International Development Bank, one of the largest private banks and a pioneer in banking services and solutions in Iraq, announced on Wednesday the launch of the first smart branch of its kind.
According to a statement from the bank Read more…
Iraq succeeds in attracting major international companies
08/27/2025
Baghdad: Morning
The Ministry of Oil’s signing of the Principles Agreement with the American company Chevron reflects a new approach adopted by the government in opening up to major international companies, following its recent efforts to Read more…
Customs denies disruption of ASYCUDA system
08/27/2025
The General Authority of Customs denied circulating reports regarding the existence of any comments on the implementation mechanism of the ASYCUDA Customs Management System, stressing that the procedures followed are clear and well-thought-out, and aim to enhance the efficiency Read more…
A government advisor explains the procedures to be followed in the event of a delay in approving the 2026 budget.
2025/08/27
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, explained that Iraq’s fiscal policy will adhere to the Federal Financial Management Law No. 6 of 2019, as amended, if the country enters the 2026 fiscal year without the approval of Read more…
An informed source: Abnormal movement of US Chinook helicopters at Al-Hariq base.
8-27-2025
Al-Maalouma/Erbil..
An informed source revealed, on Wednesday, unusual movement of American Chinook aircraft at Al-Hariq base near Erbil.
The source told Al-Maalouma agency, “Since the early morning hours, the base has witnessed unusual Read more…
Al-Sudani to a US Congressional delegation: We are keen to cooperate in the fields of energy and investment.
2025-08-27 07:14
Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani affirmed Iraq’s keenness on joint cooperation with the US side, particularly in the fields of energy and investment, during his reception of a delegation from the US Congress on Wednesday.
The Prime Minister’s Read more…
Workshop: Iraq has the potential and opportunities to become a global investment hub.
2025-08-27 00:34
Shafaq News – Baghdad
Chairman of the National Investment Commission, Haider Makiya, stated on Wednesday that investment in Iraq needs to broaden its horizons, as growth in this sector cannot be achieved in an isolated environment.
This came in a speech he delivered during a workshop on security and investment Read more…
“More than once,” a parliamentarian said, “voting sessions chaired by Al-Mashhadani are repeated without a full quorum.”
2025-08-27 02:18
Shafaq News/ Baghdad
A member of the Assas coalition, led by Deputy Speaker of Parliament Mohsen al-Mandalawi, expressed his dissatisfaction on Wednesday with the repeated voting on “important issues” chaired by Parliament Speaker Mohammed al-Mashhadani without a full quorum.
Adnan Al-Jaberi told Shafaq News Agency: “Unfortunately, more than once we have Read more…
In cooperation with Kurdistan, Baghdad is moving to form an independent federal administration for the development road project.
2025-08-27 03:02
Shafaq News – Baghdad
Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, held a joint meeting today, Wednesday, with a delegation from the Kurdistan Regional Government. The meeting was devoted to discussing the identification of a link point for the development road route on Read more…
Gold, deposits, and the share of project finance loans in the Central Bank of Iraq’s assets rise.
2025-08-27 04:25
Shafaq News – Baghdad
The Iraq Future Foundation for Economic Studies and Consultations said on Wednesday that the distribution structure of the Central Bank of Iraq’s assets witnessed significant changes between 2022 and 2025, as the percentages of contribution of different categories to total assets shifted Read more…
The Iraqi government withdraws the Popular Mobilization Forces law from parliament.
2025-08-27 06:01
Shafaq News – Baghdad
State of Law bloc MP Hussein al-Battat revealed on Wednesday that the Popular Mobilization Forces (PMF) law had been withdrawn from the Iraqi parliament.
Al-Battat told Shafaq News Agency, “The government withdrew the law restructuring the Popular Mobilization Forces from the House of Representatives Read more…
The Investment Authority unveils a mechanism to establish a sustainable economic environment.
2025-08-27
The National Investment Commission (NIC) affirmed on Wednesday that security and investment are two pillars of sustainable development in Iraq, while pointing to a mechanism for establishing an economic environment based on three pillars. The Chairman of the NIC, Haider Mohammed Makiya, said during Read more…