Iraq is working to achieve gas production and investment with a capacity of more than 1,000 cubic meters in two fields.
2025-06-04 06:17
Shafaq News/ Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad said on Wednesday that Iraq has achieved remarkable progress in the fields of energy and natural resources investment and reform programs aimed at establishing the foundations for sustainable development.
“The ministry has made significant strides in increasing investment in associated gas and reducing its flaring rates, Read more…
The Central Bank directs banks not to suspend their work except by a decision from the Federal Government
2025-06-04 06:32
Shafaq News/ The Central Bank of Iraq directed banks and financial institutions not to suspend their work except by a decision from the federal government, not by holidays granted by local governments.
Shafaq News Agency obtained a document signed by the acting deputy governor, Ammar Hamad Khalaf, and addressed to all authorized banks and non-banking Read more…
Electricity ships return to Iraq after a 17-year absence.
2025-06-04
As part of the government’s accelerated efforts to ensure a supply of electricity through various solutions before the summer season, the Cabinet announced during its regular session yesterday, Tuesday, its approval of a contract with Kar Power to add 650 megawatts of power through the deployment of generating ships.
The decision is a quick, urgent, and temporary measure to address the energy Read more…
The European Union extends the ban on Iraqi Airways for six months.
2025-06-04
The European Union renewed its ban on Iraqi Airways for six months on Wednesday (June 4, 2025), following a report by European inspectors. This means that Iraqi aircraft will not be able to fly to European Union countries.
“The European Union has long banned all Iraqi Airways flights to its countries due to a lack of safety requirements, non-compliance with applicable international Read more…
The Chief Justice of the Federal Court sends letters to the three presidencies and Barzani.
2025-06-04
Today, Wednesday (June 4, 2025), the Chief Justice of the Federal Supreme Court, Judge Jassim Mohammed, sent separate letters to the presidencies in Baghdad and the Kurdistan Region, stressing the need to work in accordance with the constitution.
This move by Iraq’s highest judicial authority comes amid ongoing Read more…
Iraqi Dinar Guru opinions 6-3-2025
6-3-2025 Newshound Guru Clare Article: “Al-Nujaifi: The role of forces linked to Iran in the next parliament will not exceed 30%.” Quote: “Regional changes have given us a firm conviction that Iranian influence has declined significantly, and that those who still seek refuge in it are facing crises and problems, and have lost influence and gains. The situation is not the same as it was four years ago” Read more…
Al-Dulaimi warns of Kuwait’s efforts to gain the support of evil countries to control Khor Abdullah.
6-3-2025
Information/Anbar…
Abdul Majeed al-Dulaimi, a member of the Sovereignty Alliance, warned on Monday of the repercussions of Kuwait’s foreign moves against evil states to gain their support for seizing the Khor Abdullah seaport and annexing Iraqi lands rich in oil Read more…
MP: Khor Abdullah is Iraqi and the Federation’s decision thwarted attempts to give up.
6-3-2025
Al-Maalouma/Exclusive:
MP Zuhair al-Fatlawi affirmed on Tuesday that Khor Abdullah is an integral part of Iraqi geography, praising the Federal Supreme Court’s decision to annul the demarcation agreement, considering it a patriotic step to protect the country’s Read more…
Iraq joins the TIR system for cross-border land transport
2025-06-03 05:07
Shafaq News/ The Border Ports Authority announced, on Tuesday, that Iraq has joined the technically integrated TIR system and activated international cross-border transport operations, in partnership with the International Road Transport Union.
The authority stated in a statement Read more…
Economic Analysis: The Rise of the Dollar Against the Iraqi Dinar – Causes, Impacts, and Possible Solutions
6-3-2025
Researcher Shaza Khalil *
The exchange rate of the US dollar against the Iraqi dinar has recently increased. Major markets in Baghdad and Basra closed at a selling price of 142,250 dinars and a buying price of 141,250 dinars. In Erbil, the selling price reached 141,000 dinars and the buying price 140,000 dinars. These increases reflect increasing pressure on the Iraqi dinar, raising concerns about Read more…
After talks of a liquidity crisis, the Central Bank reveals an inventory of its coffers.
2025-06-03
The Central Bank of Iraq confirmed on Monday that it has reserves exceeding $100 billion, amid growing talk of a financial crisis and liquidity shortage facing the state treasury.
“Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is no Read more…
Iraqi Dinar Guru opinions 6-2-2025
6-2-2025 Newshound Guru Militia Man The data supports big things are about to take place…The last 3 to 4 days have been really powerful information. It shows Iraq is integrating into the international financial system, into the global community. They’re talking about it, the UN is talking about it specifically…We know we’ve had the support from the United States Treasury, the World Bank, IMF, UN, major financial institutions, other central banks in the region, a successful Arab League conference…powerful information… Read more…
Al-Sudani informs the new US Chargé d’Affaires of “essential” matters
2025-06-02
Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani received the US Chargé d’Affaires, Steven Fagin, on Sunday, on the occasion of his assumption of his duties. Fagin stressed the importance of cooperation between Iraq and the United States.
According to a statement from Al-Sudani’s media office Read more…
The Iraqi currency: a document that attracts tourists and investors.
06/02/2025
Currency has played a significant role in regulating economic and political life in Iraq, with its forms and symbols evolving over the ages, all the way to the modern era. It has become an essential part of the national and international economic structure, and with Baghdad being designated the Arab Capital of Tourism, it represents a means of attracting tourist investors.
The Iraqi currency has undergone many transformations, Read more…
After talks of a liquidity crisis, the Central Bank reveals an inventory of its coffers.
2025-06-02 | 04:03
Confirmed Central Bank of Iraq Today, Monday, it has reserves exceeding $100 billion, coinciding with increasing talk of a financial crisis and liquidity shortage facing it. State treasury.
He said Director General of the Department Investments in the bank Muhammad Yunus “Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is Read more…
The Minister of Finance discusses with the World Bank developing the private sector and encouraging investment.
6-2-2025
Information/Baghdad…
Finance Minister Taif Sami and the World Bank’s representative to Iraq discussed enhancing cooperation to support development projects, grow the private sector, and encourage investment on Sunday.
The ministry said in a statement Read more…
Ukrainian MP calls Zelensky a “terrorist” and calls for action against him
6-2-2025
Information/Follow-up…
Ukrainian MP Artem Dmytrok described President Volodymyr Zelensky as a “terrorist,” calling for what he described as “appropriate measures” to be taken against him.
Dmytrok wrote on his Telegram channel: “Of course, Zelensky is a terrorist. Appropriate measures must be taken against him, because Read more…
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Iraq’s lungs are about to suffocate. Al-Salami warns against plans to abandon Khor Abdullah.
6-2-2025
Information/Baghdad:
MP Haider al-Salami warned on Monday of what he described as “dangerous” repercussions if the Khor Abdullah agreement is abandoned. He emphasized that the issue represents Iraq’s sole maritime lifeline on the Arabian Gulf, and abandoning it would constitute a direct threat to the country’s strategic Read more…
Al-Sudani’s advisor: Increasing foreign reserves boosts market confidence in Iraq’s monetary policy
6-2-2025
Al-Maalouma/Baghdad…
The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed on Monday that there is a direct proportional relationship between the current account surplus of the balance of payments and the development of the Central Bank’s foreign currency reserves, noting that this surplus has been positively Read more…
A representative reveals a funding disaster affecting water resources: Only 30% of the budget has been spent.
6-2-2025
Al-Maalouma/Exclusive:
MP Aref Al-Hamami revealed on Monday that the Ministry of Water Resources has only received 30% of its annual budget, which has caused significant disruption in the implementation of its vital projects, especially those related to drilling rigs and Read more…
