23 km long and 200 km wide… New details about the navigation channel of Al-Faw Port

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…

Iraq has “enormous” renewable energy potential amid the need for “urgent” reforms.

Iraq has “enormous” renewable energy potential amid the need for “urgent” reforms.

2025-08-23 04:57

Shafaq News – Baghdad
The International Renewable Energy Agency (IRENA) recently confirmed that Iraq is at a critical juncture in its transition to a more sustainable energy future, calling for urgent reforms and diversification of electricity sources away from its near-total reliance on oil.

The report, issued on August 23, 2025, indicated that Iraq’s electricity sector suffers Read more…

The Iraqi Parliament Presidency receives a “final draft” of the Popular Mobilization Forces (PMF) bill.

The Iraqi Parliament Presidency receives a “final draft” of the Popular Mobilization Forces (PMF) bill.

2025-08-23 05:38

Shafaq News – Baghdad
The Iraqi Parliament’s Security and Defense Committee announced on Saturday that it had completed the final draft of the Popular Mobilization Forces (PMF) bill and submitted it to the parliament’s presidency.

Committee member Mohammed Al-Shammari told Read more…

Iraqi Dinar Guru opinions 8-22-2025

Iraqi Dinar Guru opinions 8-22-2025

8-22-2025 Intel Guru Frank26 Right now [the Iraqi dinar] is going through a reinstatement of your old from 2003, which was $3.22. This is a reinstatement of $3.22. Once it does that, then it will also more than likely do an international float…Where it may go over $4.00 because…other Middle Eastern currencies have adjusted…Your currency should more than likely come out probably around $1.16 range IMO and quickly jump to $3.22 in the float and probably capped around $4.00 something… Read more…

Basra: Date set for operation of Turkish power generation ship

Basra: Date set for operation of Turkish power generation ship

2025-08-22 07:34

Shafaq News – Basra
Basra Provincial Council Energy Committee Chairman Thaer Al-Salihi revealed on Friday the date for the Turkish power plant’s entry into service.

Al-Salihi told Shafaq News Agency, “The arrival of the Turkish ship to Umm Qasr Port, Dock No. 9, is the first of its kind and will not be the last, as a barge will arrive at the same dock within 30 days Read more…

Erbil: Residents near Harir base reject US consulate call to evacuate their homes

Erbil: Residents near Harir base reject US consulate call to evacuate their homes

8-22-2025

Information/Erbil..
Local residents in Erbil Governorate confirmed on Friday their rejection of a call issued by the US Consulate demanding that they evacuate their homes located near the Harir military base.

A citizen, Salar Al-Jaf, told Al-Maalouma News Agency that “the US consulate asked residents to evacuate their homes adjacent to the base due to fears of Read more…

Trade: Iraq has completed the technical files to join the World Trade Organization.

Trade: Iraq has completed the technical files to join the World Trade Organization.

8-22-2025

Baghdad – Mail
Minister of Trade Athir Dawood Al-Ghariri announced that Iraq has completed the technical requirements for joining the World Trade Organization after two decades of challenges.
Al-Ghariri stated in a statement that “Iraq has completed all the technical files Read more…

Mazhar Saleh: Iraq’s foreign reserves provide exceptional stability for the national currency.

Mazhar Saleh: Iraq’s foreign reserves provide exceptional stability for the national currency.

2025/08/22

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that the Central Bank of Iraq enjoys substantial foreign reserves that represent the primary backing for the national currency. These reserves are managed within a diversified foreign currency investment portfolio in accordance Read more…

New currency in Syria

New currency in Syria

2025-08-22 | 04:25

Alsumaria News- International
Intends Syria It issued new banknotes and removed two zeros from its currency in an attempt to restore confidence in the lira, which had fallen sharply in value, according to Reuters.
The move aims to bolster the Syrian pound Read more…

The Trump administration intends to vet the files of 55 million foreigners in the United States.

The Trump administration intends to vet the files of 55 million foreigners in the United States.

2025-08-22 01:55

Shafaq News – Washington
The Trump administration intends to scrutinize the legal visas of the 55 million foreign nationals residing in the United States to determine whether they have committed violations or pose a security threat.

According to the Washington Post, this represents a significant expansion Read more…

The Iraqi Presidency, UNAMI, and the US Embassy condemn the events in Sulaymaniyah.

The Iraqi Presidency, UNAMI, and the US Embassy condemn the events in Sulaymaniyah.

2025-08-22 05:26

Shafaq News – Baghdad
The Iraqi Presidency, UNAMI, and the US Embassy condemned the bloody events in Sulaymaniyah on Friday, expressing their regret for the deaths and injuries sustained during the clashes.

The Presidency of the Republic said in a statement Read more…

Iraqi Dinar Guru opinions 8-21-2025

Iraqi Dinar Guru opinions 8-21-2025

8-21-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy’s friend [an economic advisor for years] says…The three zeros will not come off the currency…the three zeros is coming off the rate. FRANk: They’re giving you the definition of the explanation so you don’t have to be fearful. It’s not coming off of the currency. It’s coming off the exchange rate…I’ve known all along it won’t be a lop. Read more…

Al-Sudani directs the formation of a national team to improve credit ratings.

Al-Sudani directs the formation of a national team to improve credit ratings.

08/21/2025

Prime Minister Mohammed Shia al-Sudani directed the formation of a joint national team on Wednesday to develop a comprehensive strategy to improve Iraq’s sovereign credit rating.

A statement from the Prime Minister’s media office, received by Al-Sabah newspaper on Wednesday, stated that in line with the government’s efforts to strengthen Iraq’s financial and economic standing internationally, Read more…

An expert warns against adjusting the dollar exchange rate and outlines a solution to address the decline in oil prices. Go RV!!

An expert warns against adjusting the dollar exchange rate and outlines a solution to address the decline in oil prices. Go RV!!

2025/08/21

Economic expert Salah Nouri confirmed on Wednesday that adjusting the dollar exchange rate falls within the purview of the Central Bank of Iraq, noting that this measure is a monetary policy tool aimed at achieving economic stability and Read more…

Between pleasing foreign powers and rejecting domestically, will al-Sudani succeed in securing a second term?

Between pleasing foreign powers and rejecting domestically, will al-Sudani succeed in securing a second term?

8-21-2025

Information/Report..
As Iraq’s elections approach, questions are escalating about Prime Minister Mohammed Shia al-Sudani’s ability to secure a second term. He faces accusations of seeking to please foreign powers—American, Turkish, and Kuwaiti—at the expense of domestic interests. This has sparked widespread Read more…

MP: Government silence on US withdrawal is suspicious and dangerous

MP: Government silence on US withdrawal is suspicious and dangerous

8-21-2025

Information/Exclusive:
MP Mukhtar al-Moussawi called on the Iraqi government on Thursday to issue an official statement clarifying its position on the announced withdrawal of US forces from the country. He noted that Washington’s movements from Ain al-Asad Air Base toward other bases in Erbil raise serious doubts Read more…

The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.

The Central Bank indicates a decline in the rates of exported currency and inflation in Iraq.

2025-08-21 02:25

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Thursday a decline in the country’s currency exports and inflation for the second half of 2025.

The bank said in a report seen by Shafaq News Agency that “the currency issued by the bank recorded a 3.8% decline Read more…

Iraq is among China’s top trading partners, with a trade volume exceeding $54 billion.

Iraq is among China’s top trading partners, with a trade volume exceeding $54 billion.

2025-08-21 04:23

Shafaq News – Baghdad
A recent report by S&P Global revealed that Iraq ranked among China’s top 20 trading partners in 2024, with a trade volume of approximately $54.2 billion.

According to the report’s data reviewed Read more…

Parliamentary sessions resume. Forces “hesitant” regarding the Popular Mobilization Law and calls for sanctions.

Parliamentary sessions resume. Forces “hesitant” regarding the Popular Mobilization Law and calls for sanctions.

2025-08-21 04:54

Shafaq News – Baghdad
A source within the Coordination Framework confirmed on Thursday that the passage of the Popular Mobilization Forces (PMF) law hinges on the consensus of “hesitant” political forces, amid parliamentary demands for the parliament presidency to impose sanctions on MPs who fail to attend Read more…

To generate electricity… the first Turkish ship arrives at the southern port of Umm Qasr in Basra.

To generate electricity… the first Turkish ship arrives at the southern port of Umm Qasr in Basra.

2025-08-21 05:03

Shafaq News – Basra
The first Turkish ship dedicated to generating electricity with a capacity of up to 125 megawatts arrived at Berth 9 of the southern Umm Qasr port on Thursday afternoon. The ship is part of a government contract aimed at boosting the national energy system by more than Read more…