Most of them are precious metals… UAE exports to Iraq amounted to approximately $33 billion during the year.
2025-09-05 01:41
Shafaq News – Baghdad
The Iraq Future Foundation for Economic Studies and Consultations announced on Friday that UAE exports to Iraq increased by approximately $10 billion in 2024 compared to 2023, noting a significant increase in exports of precious metals from that country to Iraq, particularly Read more…
Leader: Kurdistan is witnessing the largest oil smuggling operations outside Iraq.
9-5-2025
Information/Anbar..
Abdul Majeed Hashim al-Dulaimi, a leader in the Sovereignty Alliance, accused prominent party leaders in the Kurdistan Region on Friday of being behind the largest oil smuggling operations outside Iraq. He pointed to the involvement of leaders from the two main parties, the Patriotic Union of Kurdistan (PUK) and the Kurdistan Democratic Party (KDP), led by Masoud Barzani, Read more…
Unlimited prices… Why isn’t a government employee in Iraq satisfied with his salary?
2025-09-05 06:40
Shafaq News – Baghdad
As soon as employee Amir Ahmed places his finger on the fingerprint device, announcing the end of his official work at one of the government’s ministries, he takes off his clothes in his car, puts on other clothes, and heads off to another job.
Ahmed wanders the streets of Baghdad, opening taxi apps and starting a new Read more…
German report: Iraqi beer
2025-09-05
Shafaq News – Berlin
A German report on Thursday shed light on the origins of beer, amid a widespread belief among many that it originated in Europe, specifically in the German state of Bavaria, due to its association with the hustle and bustle of the Oktoberfest festival.
According to the Deutsche Welle Arabic (DW) website, the story began not in Germany, but on the banks of the Tigris and Euphrates rivers six thousand years Read more…
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Good news for retirees in Iraq: September salaries released
2025-09-05 01:32
Shafaq News – Baghdad
The Ministry of Finance announced on Friday the release of salaries for civilian and military retirees for the month of September.
The ministry said in a statement received by Shafaq News Agency, “The Accounting Department at the Ministry of Finance has begun procedures to finance the salaries Read more…
Iraqi Dinar Guru opinions 9-4-2025
9-4-2025 Newshound Guru Militia Man Article: “12 INTERNATIONAL COMPANIES SUBMIT BIDS TO OPERATE MOSUL INTERNATIONAL AIRPORT” This shows Iraq already has the support from the international community. There are firms from Turkey, Britain, the UAE, and Oman. The investment climate has become ripe for public-private partnerships. That means cross border collaborations. This too is support for Iraq’s [global] integration! …They’ll need the support from the central bank by having plenty of foreign currencies…to help facilitate trade on a global scale. Investment in the Mosul airport supports this effort as well! Read more…
Between smuggling and fraud, the “oil game” evaporates billions of Iraqis.
2025-09-04 07:30
Shafaq News – Baghdad/Amman/London
Iraq is incurring significant losses estimated at between two and four billion dollars annually from oil smuggling operations, which exceed 300,000 barrels per day, according to experts. They warn that the continuation of these practices could prompt the United States and international bodies to tighten controls on Iraqi oil Read more…
Iraq opens the door to local car manufacturing for international companies.
9-4-2025
Iraq’s Economy – Baghdad
The Iraqi Ministry of Trade confirmed on Wednesday that it had reached an agreement with international companies from Germany, China, and Brazil to open car production lines in Iraq. The ministry noted that the vehicles produced will run on natural gas and will be Read more…
Energy expert: SOMO will not be subject to US sanctions, and oil prices will remain above $60.
2025/09/04
Energy expert Nabil al-Marsoumi confirmed that the Iraqi State Oil Marketing Organization (SOMO) will not be subject to US sanctions, indicating that what the company may face will be no more than the freezing of some assets, while oil prices will remain stable Read more…
Al-Ziyadi: The next government will only be formed from within the Coordination Framework.
9-4-2025
Al-Maalouma/Baghdad..
MP Mohammed Al-Ziyadi confirmed on Thursday that the formation of the next government will be exclusively from within the Coordination Framework, stressing that the framework’s forces possess the cohesion and ability to decide the political Read more…
Government advisor: The three-year budget paves the way for economic growth of approximately 5% annually.
2025-09-04
Shafaq News – Baghdad
The Prime Minister’s Advisor for Economic Affairs, Mazhar Mohammed Saleh, described the approval of the three-year budget on Wednesday as a “qualitative shift” in public finance management, providing a medium-term vision for government spending and breaking Read more…
Al-Sudani: The Iraqi government provides sovereign guarantees for the investment sector amounting to 85%.
2025-09-04 01:53
Shafaq News – Oman
Prime Minister Mohammed Shia al-Sudani stated on Thursday that the Iraqi government is working to improve the investment environment by providing the necessary sovereign guarantees for the value of projects implemented in this sector.
This came in a speech he delivered during his attendance at the Iraqi-Omani Businessmen Forum Read more…
Iraqi retirees are angry about delayed salaries and threaten to protest.
2025-09-04 02:40
Shafaq News – Baghdad
A large number of Iraqi retirees threatened on Thursday to stage a demonstration to protest the delay in their salaries, holding the Ministry of Finance and the Retirement Authority responsible for the delay.
A retiree named Jamil Ahmed told Shafaq News Agency, “In all countries, retirees live with dignity and honor, enjoying privileges such as health cards and travel. However, in Iraq, retirees live in humiliation, waiting Read more…
Ministry of Communications: We will launch electronic signatures soon.
2025-09-04
Minister of Communications, Hiyam Al-Yasiri, announced on Thursday the imminent launch of electronic signatures, while stressing that they are internationally recognized. Al-Yasiri stated in a statement to the official agency that “the government has been working very quickly, and digital transformation has been a priority,” noting that “electronic payment is now available everywhere, Read more…
Iraqi Dinar Guru opinions 9-3-2025
9-3-2025 Newshound Guru Militia Man It is fascinating to see how far Iraq has come in the process of a revaluation, IMV a redenomination, and an application of a real effective exchange rate…Hopefully what we’re going to see is they’ll be doing these things for international Forex markets… Article quote: “This formalization supports the groundwork for potential revaluation or redenomination as a more controlled money supply enhances the CBI’s ability to adjust the currency’s nominal or real value without destabilizing the economy.” Read more…
Al-Sudani: The partnership between Iraq and the United States has achieved important results.
09/03/2025
The commitment of Iraq and the United States to implementing the provisions of the joint declaration on the withdrawal of international coalition forces is clear evidence of the government’s ability to manage strategic security issues wisely and responsibly, while preserving citizens’ interests and promoting Read more…
The Central Bank launches new services via electronic wallets.
2025/09/03
The Central Bank of Iraq announced the launch of reciprocal money transfer services via electronic wallets, which will enable individuals and business owners to conduct their financial transactions with greater speed and flexibility.
These services include, according to a statement from the Central Bank, a copy of which was received Read more…
Al-Moussawi: Parties opposing the Popular Mobilization Forces are seeking to get closer to the US administration.
9-3-2025
Information/Baghdad..
MP for the Coordination Framework, Mukhtar al-Moussawi, confirmed on Wednesday that the groups opposing the Popular Mobilization Forces and the proposed law in parliament are aiming to win the favor of the US administration.
Al-Moussawi told Al-Maalouma, “The Popular Mobilization Forces do not represent Read more…
Economist: Prices are eating up Iraqis’ salaries and weakening their purchasing power.
9-3-2025
Information/Baghdad..
Economic researcher Diaa Abdel Karim warned on Wednesday that rising prices, particularly of consumer goods and food, will weaken citizens’ purchasing power in the absence of genuine salary reforms.
Abdul Karim told Al-Maalouma, “After raising the dollar exchange rate in recent Read more…
Political differences hinder the enactment of the oil and gas law.
9-3-2025
Al-Maalouma/Baghdad..
Member of the Parliamentary Oil and Gas Committee, Bahaa al-Din al-Nouri, said on Wednesday that the disagreements hindering the passage of the Oil and Gas Law are political in nature, not technical.
Al-Nouri said in a statement to Read more…
