Iraq plans to receive 4 million containers annually at Umm Qasr Port.
2025-06-30 00:36
Umm Qasr Port in Basra is undergoing rapid development as part of a plan to modernize its infrastructure and enhance its operational capabilities, aiming to increase its annual capacity to 4 million containers.
The port is considered one of the most prominent Iraqi ports, playing a vital role in supporting the national economy and connecting Iraq to global Read more…
A loophole: The Iraqi dollar is being drained by inflated import invoices from three countries.
2025-06-30 06:37
The head of the Iraq Future Foundation, Manar al-Obaidi, revealed on Monday that there is an inflated invoice for importing goods to the Iraqi market from countries such as China, Turkey, and the UAE. This is a drain on the dollar by exploiting the difference between the official exchange rate and the parallel Read more…
Iranian President announces Tehran’s readiness to resume nuclear negotiations
2025-06-30
Iranian President Masoud Pezeshkian announced on Monday his country’s readiness to resume nuclear negotiations with Washington to “resolve doubts and allegations.” During a phone call with his French counterpart, Emmanuel Macron, Pezeshkian told the French president that Tehran wants guarantees Read more…
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Iraqi Dinar Guru opinions 6-29-2025
6-29-2025 Newshound Guru Militia Man Inflation is well below 3% [in Iraq]. That’s really good. It’s an indicator for a revaluation. Doesn’t mean it’s going to revalue…I’m telling you it is a component of a revaluation because it’s significant…Inflation is low. The stage is set. Read more…
Electronic payment: a step towards enhancing financial confidence and reducing corruption.
06/29/2025
In light of rapid technological developments globally, the shift to digital payment systems has become a necessity to enhance the efficiency of financial and government services, especially in countries undergoing transitions like Iraq. Iraq’s experience in adopting these digital methods reflects Read more…
The Khor Abdullah file is faltering again. Federal Court resignations delay the resolution.
6-29-2025
Information/Baghdad…
The Khor Abdullah issue is still pending the Federal Court’s decision on whether to accept the appeal submitted by the executive authority or to annul the agreement and return the creek to Iraq as a right of the country and within the internationally agreed upon maritime Read more…
Parliamentary Finance Committee: The delay in the budget schedules is unjustified, and the government is ignoring our communications.
6-29-2025
Al-Maalouma / Baghdad…
Member of the Parliamentary Finance Committee, Faisal Hassan Sakr, confirmed today, Sunday, that the delay in sending the 2025 budget tables to the House of Representatives has no logical justification, noting that the government continues to ignore official correspondence Read more…
Parliamentarian: The resignation of the Federal Court Chief Justice is merely a formality and aims to pave the way for reversing the Khor Abdullah decision.
6-29-2025
Al-Maalouma/Baghdad..
Representative Raed Al-Maliki confirmed on Sunday that referring the Chief Justice of the Federal Supreme Court to retirement represents a “formal” step and is not justified from a realistic standpoint, questioning the announced reasons for the resignation, and considering it an “unreal pretext.”
Al-Maliki said in a statement Read more…
After striking Iran, Trump pulled the United States out of the “Iraq trauma”
2025-06-29 02:59
The United States has emerged from the Iraq experience and ended the paralysis that accompanied it. This was achieved through its participation in the military strikes on Iran, demonstrating that US President Donald Trump has succeeded in extricating the United States from the trauma of the Iraq War, according to Read more…
Iraqi Dinar Guru opinions 6-28-2025
6-28-2025 Newshound/Intel Guru Walkingstick [Iraqi Bank friend Aki update] AKI: Three meetings. The last meeting lasted two hours. My boss tells me, ‘I need you back at the bank [In Dearborn Michigan] this Monday because we are waiting on the new exchange rate.’ I have to go back because we’re waiting for the new rate. WALKINGSTICK: That’s the only thing they’re waiting for. They already got all the banking software in place, ATM machines, the bank structures, all the bank regulations are set… Read more…
Parliamentary Finance Committee: The budget has not yet arrived and Parliament is awaiting the government.
6-28-2025
Al-Maalouma / Baghdad..
Member of the Finance Committee in the House of Representatives, Hussein Al-Saabari, revealed today, Saturday, that the budget law has not yet reached Parliament, stressing that the latter is anticipating Read more…
Al-Bajari: The Maritime Authority Law is necessary to restore Iraqi sovereignty.
6-28-2025
Al-Maalouma/Baghdad..
The head of the Parliamentary Communications and Transport Committee, Representative Zahra Al-Bajari, called on the Parliament Presidency and political blocs on Saturday to activate the file of interrogating officials, especially those files that meet the constitutional requirements, stressing at the same time the importance of approving the Maritime Authority Law during the next legislative Read more…
Al-Husseini: The current government is the worst and has failed on the sovereignty and economic issues.
6-28-2025
Al-Maalouma/Baghdad..
Chairman of the Parliamentary Economy and Investment Committee, Yasser Al-Husseini, accused the current government on Saturday of negligence in vital issues related to sovereignty, security, and the economy, considering it the worst in the modern history of Iraq in years.
Al-Husseini said in a statement Read more…
Economist: Baghdad loses one billion dinars per month due to the smuggling of regional oil.
6-28-2025
Al-Maalouma/Baghdad…
Economic expert Rashid Al-Saadi revealed on Saturday that the weak government oversight of border crossings in the Kurdistan Region has contributed to the escalation of oil derivative smuggling to Turkey, causing Iraq huge financial losses.
Al-Saadi told Al-Maalouma Agency, “The Baghdad government has not yet taken Read more…
Washington intervenes: Unrelenting pressure on the Federal Court regarding the Khor Abdullah dispute.
6-28-2025
Al-Maalouma/Exclusive..
Sabah Al-Akeili, a member of the Rights Movement, confirmed on Saturday that significant internal and external political pressure was behind the resignation of a number of Federal Court judges, noting that Kuwait had commissioned Washington to pressure the court to reverse its decision to cancel the Khor Abdullah Read more…
Tehran reopens negotiations with Washington, and Araghchi calls on Trump to respect Khamenei.
2025-06-28 01:18
Shafaq News – Tehran
Iranian Foreign Minister Abbas Araqchi confirmed on Saturday his country’s readiness to resume nuclear negotiations with the United States.
“If President Trump is sincere in his desire to reach an agreement, he must put aside his disrespectful and unacceptable tone toward Supreme Leader Ali Khamenei and Read more…
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Iraq moves to sign contracts with five countries to develop its air defense system.
2025-06-28 03:39
Shafaq News – Baghdad
Parliamentary Security and Defense Committee member Ali al-Bandawi revealed on Saturday that Iraq is seeking to sign arms contracts with five countries to develop its air defense system.
Al-Bandawi told Shafaq News Agency, “Iraq needs an advanced air defense system to protect Iraqi airspace, skies, and territory from any foreign Read more…
Iraq’s imports exceed $21 billion in the first quarter of 2025.
2025-06-28 03:36
Shafaq News – Baghdad
The Central Bank of Iraq announced on Saturday that Iraq’s imports for the first quarter of 2025 amounted to more than $21 billion.
The bank stated in statistics reviewed Read more…
To make Iraq attractive for investment and comparable to Saudi Arabia… Energy and security partnerships with the US
2025-06-28 05:56
The Washington Institute linked the success of Iraq’s energy aspirations and independence to strengthening and restructuring security relations with the United States, warning that Iraq, while more stable than it has been in decades, still faces challenges, including the risk of Read more…
On July 1, government institutions will stop accepting cash payments!
2025-06-28
All government institutions will begin suspending the receipt of cash for various transactions starting next Tuesday, July 1st. Payments will be entirely electronic, a process already being implemented in most departments. In early June, Prime Minister’s advisor, Saleh Salman, stated that “Iraq has made significant progress Read more…
