118 ships docked at an Iraqi port, handling one million tons of goods in July.
2025-08-04 03:46
Shafaq News – Basra
The northern port of Umm Qasr in Basra Governorate witnessed significant activity during July 2025, with an increase in the number of ships and handling, reflecting the development of operational processes at Iraqi ports and growing international confidence Read more…
Iraqi Dinar Guru predictions 8-3-2025
8-3-2025 Intel Guru Frank26 Right now they’re training the banks of Iraq, their employees, on how to deal with counterfeiting and smuggling…for the security and stability of their monetary reform. But they’re to using the 3-zero notes to train them with? …This pattern is one that you have to respect…There’s no crime against that currency because that currency won’t exist. So what are you using, the lower notes? No, they don’t want to show the lower notes just yet. They’re going to do the lower notes and exchange rate at pretty much the same time… Read more…
The Parliamentary Transportation Committee announces the completion of the final draft of the Maritime Authority Law.
8-3-2025
Al-Maalouma/Baghdad…
The Parliamentary Transport and Communications Committee announced on Sunday the completion of the final draft of the Maritime Authority Law, stressing the importance of including it on the parliament’s agenda during the upcoming sessions, given its vital role in lifting the ban on Iraqi tankers and strengthening Read more…
OPEC: Iraq to increase oil production in September
8-3-2025
Information/Follow-up..
OPEC announced today, Sunday, that Iraq will increase its oil production in September to reach 4 million and 220 thousand barrels per day, excluding compensation plans.
The organization explained that this increase is part of the commitments Iraq Read more…
“Al Khor” consolidates the roots of “Desert Storm” between Iraq and Kuwait
2025-08-03 02:26
Shafaq News – Baghdad
On August 2, 1990, Iraqi forces invaded Kuwait, a move that upset the balance of power in the Gulf and the region, sparking an international war known as “Desert Storm,” which ended with Iraq’s withdrawal and its transformation into a target for international Read more…
Parliamentary request to host the Minister of Finance in a public session
2025-08-03 02:11
Shafaq News – Baghdad
MP Haider Mohammed Al-Mutairi submitted an official request to the House of Representatives Presidency to host the Minister of Finance in a public session under the dome of Parliament to explain the reasons for the delay in submitting the 2025 budget schedules. Read more…
Iraq maintains its position among the largest Arab economies in 2025.
2025-08-03 04:42
Shafaq News – Baghdad
Data released by the International Monetary Fund (IMF) on Sunday showed that Iraq ranked fifth among the largest Arab economies in 2025 in terms of nominal gross domestic product (GDP), with a total of $259.02 billion.
According to the data, Read more…
Lawsuit filed against Al-Sudani and the Minister of Finance due to the delay in the budget schedules.
2025-08-03 04:29
Shafaq News – Baghdad
MP Ahmed Majeed, representing the Ishraqat Law bloc, announced on Sunday that he had filed a lawsuit with the Supreme Judicial Council against Prime Minister Mohammed Shia al-Sudani and Finance Minister Taif Sami, over the government’s delay in submitting the general budget law schedules to Read more…
Parliamentary Economy Committee: We refuse to vote on this agreement. We proposed a package of comments before presenting it to Parliament.
2025-08-03
The Parliamentary Committee on Economy, Industry and Trade announced the collection of signatures to reconsider the draft law ratifying the Afforestation and Mutual Investment Protection Agreement between the governments of the Republic of Iraq and the Kingdom of Saudi Arabia. The Parliament Presidency also requested Read more…
Iraqi Dinar Guru Cliff notes 8-2-2025
8-2-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The rate over 20 years ago was $3.22 and that was just off the price of oil. Now we have non-oil revenues and $16 trillion alone in rare minerals… tourism… agriculture… This is very promising. FRANK: $3.22 was over 20 years ago…When you look at the exchange rate of the other Middle Eastern countries around you, it’s not too far-fetched that you could be somewhere around $3.80 to just a pinch over $4.00. Read more…
Between Barzani and Baghdad… Oil is escaping and the agreement is suspended
8-2-2025
Information / Report:
The financial and administrative agreement recently signed between the federal government and the Kurdistan Regional Government (KRG) is at risk of collapse, given the region’s continued failure to honor its commitments regarding the transfer of oil and non-oil revenues to Baghdad. Kurdish opposition political sources indicate Read more…
MP calls on the government to appeal Security Council Resolution 833 regarding Khor Abdullah.
8-2-2025
Al-Maalouma/Baghdad…
MP Bassem Nughmesh called on the Iraqi government on Saturday to file an official appeal with the UN Security Council against Resolution 833, considering it an “unfair” decision issued under exceptional circumstances, depriving Iraq of its sovereign right to the maritime Read more…
Dhi Qar receives the green light to implement the air ambulance experiment for the first time in Iraq.
8-2-2025
Al-Maalouma/Dhi Qar..
Dhi Qar Provincial Council revealed on Saturday that it has obtained official approval to implement the air ambulance experiment for the first time in the country within the governorate, with the aim of enhancing the speed of response and rescuing those Read more…
Al-Mandlawi orders the publication of the names of the representatives who were absent from the session and the deduction of an amount of (one million dinars) from their salaries.
8-2-2025
Al-Maalouma/ Baghdad..
The First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, directed today, Saturday, to publish the names of the absentees and cut one million dinars from their salaries.
A statement from the Council’s media department, Read more…
Kurdish opposition leader: The Democratic Party is evading the implementation of agreements and breaking them at the first turn.
8-2-2025
Al-Maalouma/Exclusive:
Kurdish opposition figure Ahmed Amin accused the Kurdistan Democratic Party (KDP), specifically the Barzani family, on Saturday of not being serious about adhering to the agreements reached, holding them responsible for obstructing the implementation of the latest agreement. Read more…
Al-Sudani announces full funding to improve electricity production across Iraq.
2025-08-02 00:05
Shafaq News – Salah al-Din
Prime Minister Mohammed Shia al-Sudani announced on Saturday that his government has allocated the necessary financial allocations to develop all sectors of electricity production, transmission, and distribution across Read more…
Iraqis do not trust banks. More than 90% of the money supply is outside the banking system.
2025-08-02 02:58
Shafaq News – Baghdad
The relationship between Iraqi citizens and banks, both governmental and private, remains isolated or nearly severed, especially when it comes to depositing money with these banks. Citizens view these banks as deep wells that hide their money beneath the routine of lengthy Read more…
Investigation: $1.4 Trillion Up in the Air: Two Decades of Explosive Budgets in Iraq
2025-08-02 05:05
Shafaq News- Baghdad/ Special investigation.
Since 2003, when the US invasion toppled Saddam Hussein’s regime and the so-called New Democratic System was inaugurated, Iraq has entered a completely different phase. The first Governing Council was established, followed by an elected parliament, before the process of drafting a constitution Read more…
Iraqi Dinar Guru opinions 8-1-2025
8-1-2025 Newshound Guru Militia Man [I’m 100% convinced] the Iraq dinar is undervalued. Remember Iraq’s currency at $3.22 20 years ago was based off oil. It’s not taking into consideration…$16 trillion worth of natural resources… phosphates, sulfur, gold, all those things…All that packs in on top of the real effective exchange rate. [20 years ago] the real effective exchange rate was at [$3.22]. So it supports the fact they can support this even under the circumstances… Read more…
2025 ends… Parliament calls on Sudan to prepare a 2026 budget
2025-08-01 08:09
Shafaq News – Baghdad
The Parliamentary Finance Committee confirmed on Friday that the government’s delay in submitting the 2025 budget schedules to Parliament for approval constitutes a legal violation. While anticipating that the schedules will not be submitted soon, the committee called on the government to begin preparing Read more…