With a new camouflage trick, the region replaces its oil smuggling fleet with freight vehicles.
8-24-2025
Al-Maalouma/Sulaymaniyah..
Saman Ali, a leader in the National Position Movement, revealed on Sunday that the oil smuggling network owned by Masoud Barzani’s party has replaced the tanker trucks designated for transporting oil derivatives with others for transporting goods in a camouflage operation Read more…
Inflation rates in Iraq have declined for two consecutive months.
2025-08-24
Shafaq News – Baghdad
The Ministry of Planning announced today, Sunday, that inflation rates in Iraq continued to decline for the second consecutive month, as the monthly inflation rate for last July recorded a decrease of (0.1%) compared to June, which also witnessed a decrease of Read more…
Baghdad achieves a “political victory” as the US withdrawal begins and Iran’s influence declines.
2025-08-24 03:29
Shafaq News – Special Translation
The Eastern Herald, an international newspaper based in India, considered the US military withdrawal from Iraq a political victory for Baghdad on Sunday, reflecting Iraq’s independence from the dual influence of the US and Iran.
The newspaper reported in a report Read more…
Disclosure of the value of Iraqi exports and imports for the first quarter of 2025
2025-08-24 03:33
Shafaq News – Baghdad
On Sunday, the Central Bank of Iraq revealed the value of Iraqi exports of goods abroad and the value of imports for the first quarter of 2025.
The bank stated, in statistics reviewed by Shafaq News Agency, that the value of Iraqi commodity exports for the first quarter of this year amounted to Read more…
Nechirvan Barzani and a US Senator discuss regional developments and the ISIS threat.
2025-08-24 05:26
Shafaq News – Erbil
Kurdistan Region President Nechirvan Barzani and US Senator Joni Ernst discussed the latest developments in the Middle East and their repercussions for the region, as well as ways to confront the threat posed by ISIS.
This came during his reception of Ernst, a member of the US Senate Armed Services Committee, and his accompanying delegation Read more…
Ministry of Oil: Gas export terminal receives largest tanker, 188m long, with a capacity of 20,000 tons
2025-08-24
The Ministry of Oil announced on Sunday that the Basra Gas Export Terminal received the largest semi-refrigerated liquid gas tanker in its history, scheduled for export to China. The Ministry stated in a statement that “the second berth at the Basra Gas Company’s liquid gas export terminal received the largest gas tanker Read more…
Al-Sudani: Iraq has raised its refining capacity to (1.3) million barrels per day.
2025-08-24
Prime Minister Mohammed Shia Al-Sudani confirmed, today, Sunday, that Iraq has raised its refining capacity to (1.3) million barrels per day.
The media office said in a statement, “Within the framework of the government’s approach to strengthening national sovereignty Read more…
Iraqi Dinar Guru opinions 8-23-2025
8-23-2025 Intel Guru Frank26 Oliver Wyman has extended the deadline from August 31st until the 28th of September concerning banks’ liquidity. Many will say, ‘Oh, no, this is the end of the world…bad news…terrible. They didn’t do what they were supposed to do, again.’ IMO this is actually very very good…Donald Trump is not playing any more games with anyone, especially with the monetary reform of Iraq. If Sudani and the CBI had not pleased Donald Trump enough to the point where he would say, ‘Forget about it, we’re shutting it all down.’ That’s what would have happened…Instead, you have an extension by Oliver Wyman and Trump…He says, ‘you’re going in the right direction with the monetary reform. You are pleasing me.’ If they weren’t, this deadline would not have been extended. Read more…
Iraq’s foreign reserves decline amid warnings
2025-08-23 09:14
Shafaq News – Baghdad
On Saturday, the head of the Iraq Future Foundation, Manar al-Obaidi, revealed a decline in Iraq’s foreign exchange reserves, warning of its impact on inflation and monetary stability.
Al-Obaidi said in a post, followed by Shafaq News Agency, that “in late 2022, the size of Iraq’s foreign reserves (foreign currencies, gold, and securities) amounted to Read more…
Aside from the Kurds and Sunnis, the Popular Mobilization Forces (PMF) law does not enjoy Shiite support: 64 MPs are obstructing its passage.
2025-08-23 07:47
Shafaq News – Baghdad
Iraqi parliament member Jawad al-Yasari confirmed on Saturday that the failure to pass the Popular Mobilization Forces (PMF) law in parliament to date is primarily due to the lack of Shiite consensus, followed by Sunni and Kurdish objections.
The leftist told Shafaq News Agency, “The Popular Mobilization Law has received the support of 116 Shiite MPs so far, out of approximately 180 Shiite MPs Read more…
Rights: Sunnis and Kurds lined up with Washington to reject the Popular Mobilization Law.
8-23-2025
Al-Maalouma/Baghdad…
Member of the Rights Movement, Asifa Abbas Qadir, confirmed on Saturday that the Sunni and Kurdish blocs have sided with Washington in rejecting the legislation of the Popular Mobilization Forces (PMF) structure law, calling for the law to be included on the agenda Read more…
Al-Moussawi calls on the government to reveal its position on US actions in Iraq.
8-23-2025
Al-Maalouma / Baghdad..
MP Mukhtar al-Moussawi called on the Iraqi government on Saturday to announce a clear and explicit position on the recent movements of US forces, after information was received about the transfer of military units from Ain al-Assad base in Anbar province to Read more…
Al-Shammari: The demarcation of Khor Abdullah was marred by legal violations, and Parliament will not pass the agreement again.
8-23-2025
Al-Maalouma/Baghdad..
Member of the Parliamentary Security and Defense Committee, MP Mohammed Al-Shammari, confirmed on Saturday the difficulty of passing the Khor Abdullah Agreement if it is re-submitted for a vote in the House of Representatives, indicating that the agreement directly affects Iraq’s sovereignty.
Al-Shammari said in a statement Read more…
US website: Trump’s tariffs on Iraq aim to drag it toward normalization
8-23-2025
Al-Maalomah/Translation..
A report by the American website RealClearWorld confirmed on Saturday that the 35 percent tariff imposed by US President Donald Trump, which Trump announced on July 1st in a letter to Iraqi Prime Minister Mohammed Shia al-Sudani, appears Read more…
Economic Observatory: The Central Bank of Iraq “Slaughters” National Capital and Opens the Door to Monopoly
2025-08-23 01:27
Shafaq News – Baghdad
An Iraqi economic observatory said on Saturday that the Central Bank is “slaughtering” national capital and granting private banks control over foreign ownership. The observatory noted that it has imposed what it described as “unreasonable conditions” that place banks under Read more…
A high-level delegation from the Kurdistan Region visits Baghdad to resolve the issue of local revenues and oil deliveries.
2025-08-23 02:39
Shafaq News – Sulaymaniyah / Erbil
A source in the Kurdistan Regional Government’s Council of Ministers stated on Saturday that a high-level delegation from the regional government, including Finance Minister Awat Sheikh Janab and Acting Minister of Natural Resources Kamal Mohammed Salih, will visit Baghdad this week to decide on Read more…
Iraq is the second largest exporter. The US imports 33 million barrels of oil from OPEC in one month.
2025-08-23 02:22
Shafaq News – Washington
The US Energy Information Administration announced on Saturday that US oil imports from OPEC countries reached more than 33 million barrels in May 2025.
According to administration statistics reviewed Read more…
“Second Power Plant”… Iraq Receives the Longest Ship in the History of Khor Al-Zubair Port
2025-08-23 04:02
Shafaq News – Basra
Khor Al-Zubair Port in Basra Governorate, southern Iraq, received today, Saturday, the longest ship in the port’s history, a Turkish power generation vessel named (ORKA SULTAN), demonstrating the port’s ability to receive giant ships with technical Read more…
Collaborated with Assad and is internationally sanctioned.. Syria hands over the printing of its new currency to a Russian company.
2025-08-23 03:53
Shafaq News – Damascus
Syria is preparing to issue new banknotes on December 8, following a decision to remove two zeros from the currency. This move aims to restore confidence in the lira and enhance monetary stability.
The Governor of the Central Bank of Syria, Abdul Qader Hasriyya, stated in a post on LinkedIn that “changing the currency represents a fundamental pillar Read more…
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23 km long and 200 km wide… New details about the navigation channel of Al-Faw Port
2025-08-23 04:26
Shafaq News – Basra
The General Company for Iraqi Ports announced on Saturday that excavation and development work on the Grand Faw Port’s navigation channel is continuing. This project is part of strategic projects aimed at enhancing maritime traffic and facilitating the entry of large vessels Read more…
