Al-Sudani confirms stable electricity supply and pledges fuel self-sufficiency by 2027.

Al-Sudani confirms stable electricity supply and pledges fuel self-sufficiency by 2027.

2025-07-21 01:16

Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani announced on Monday that Iraq will achieve self-sufficiency in fuel for power plants by 2027, noting that his government has succeeded in maintaining an acceptable level Read more…

Parliamentary Finance Committee: The government has not prepared budget schedules, and the agreement with Kurdistan is subject to challenge.

Parliamentary Finance Committee: The government has not prepared budget schedules, and the agreement with Kurdistan is subject to challenge.

2025-07-21

Parliamentary Finance Committee member Mohammed Nouri confirmed that the federal government has not yet shown any serious intention to submit the budget schedules to the House of Representatives. He also deemed the recent agreement to deliver 230,000 barrels of oil from the region to the federal government as lacking Read more…

The Parliamentary Finance Committee announces the main topics of hosting the Director of Rafidain Bank.

The Parliamentary Finance Committee announces the main topics of hosting the Director of Rafidain Bank.

2025-07-21

The Finance Committee of the House of Representatives announced, on Monday, the most prominent topics of its hosting of the Director General of Rafidain Bank. The Chairman of the Committee, Atwan Al-Atwani, said in a speech during the hosting of the Director General of Rafidain Bank, that “the Finance Committee Read more…

Iraqi Dinar Guru opinions 7-20-2025

Iraqi Dinar Guru opinions 7-20-2025

7-20-2025 Intel Guru Frank26 Trump is leaving a wake of exchange rate changes on this plant in order for them to play fair and equally with our dollar. If they don’t, they don’t get a part of our economy. If they don’t get a part of our economy, you will fold…If [Iraq] de-pegs from the American dollar…then they’re in position to pair and that means they’re in position to float…They can start at a dollar if they want. Although it would be really stupid. What a waste of time. Start out at $3 or $4+. Let’s get going. We have a lot of work to do. Read more…

Iraq’s accession to international financial institutions enhances economic development opportunities.

Iraq’s accession to international financial institutions enhances economic development opportunities.

07/20/2025

As part of its efforts to strengthen its financial presence on the international stage and diversify funding sources for its service and construction projects, Iraq has taken a significant step by joining two of the most prominent multilateral financial institutions: the European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank. Although the direct Read more…

Ports: Floating and submerging the fourth part of the submerged tunnel under the Khor Al-Zubair Canal

Ports: Floating and submerging the fourth part of the submerged tunnel under the Khor Al-Zubair Canal

7-20-2025

Al-Maalouma/ Baghdad..
The General Company for Iraqi Ports announced, today, Sunday, the commencement of floating and submerging the fourth concrete piece of the components of the submerged tunnel project in the Grand Faw Port.
The Director General of the company, Read more…

Transport announces the completion date of the Grand Faw Port

Transport announces the completion date of the Grand Faw Port

7-20-2025

Al-Maalouma/Baghdad..
The Ministry of Transport announced, today, Sunday, that the Grand Faw Port is proceeding within the timetable set for its completion during the current year, noting that the financial and economic model for the development road project is in its final stages.
The ministry said in a statement Read more…

Kirkuk Airport: Landing of the first plane of a new airline coming from Saudi Arabia.

Kirkuk Airport: Landing of the first plane of a new airline coming from Saudi Arabia.

2025-07-20 01:56

Shafaq News – Kirkuk
Kirkuk International Airport announced today, Sunday, the landing of the first Global Aviation plane on the airport runway.

Airport spokesman Hardi Al-Salihi told Shafaq News Agency, “Kirkuk International Airport administration announces the landing of the first plane belonging to Global Aviation at 3:00 PM today,” indicating that Read more…

No more “purple fingers”… Iraq cancels electoral ink

No more “purple fingers”… Iraq cancels electoral ink

2025-07-20 02:14

Shafaq News – Baghdad
The Independent High Electoral Commission decided on Sunday to cancel the use of “electoral ink” on Election Day for the parliamentary elections scheduled for November 11, due to the use of biometric cards and matching three fingerprints Read more…

Parliament hosts the Minister of Finance regarding the delay in submitting budget schedules.

Parliament hosts the Minister of Finance regarding the delay in submitting budget schedules.

2025-07-20 03:15

Shafaq News – Baghdad
A parliamentary source reported on Sunday that the Iraqi parliament is hosting Finance Minister Taif Sami to discuss the delay in submitting the budget schedules to the House of Representatives.

The source told Shafaq News Agency, “The Parliamentary Finance Committee is hosting Finance Minister Taif Sami today to discuss a number of important Read more…

Taif Sami informs Parliament: A special government committee is preparing budget schedules.

Taif Sami informs Parliament: A special government committee is preparing budget schedules.

2025-07-20 05:19

Shafaq News – Baghdad
Parliamentary Finance Committee member Saad al-Tubi announced that Finance Minister Taif Sami informed committee members, during a meeting hosted by her today, Sunday, that a special committee had been formed by the Prime Minister to prepare the tables for the 2025 Read more…

A US report warns of risks facing Iraq as a result of the decline in oil prices.

A US report warns of risks facing Iraq as a result of the decline in oil prices.

2025-07-20 05:05

Shafaq News – Washington / Baghdad
Standard & Poor’s Global Commodity Insights, an energy and commodities company, revealed that Iraq is the most vulnerable among oil-producing countries due to the decline in oil prices.

The company said in a report Read more…

Next Tuesday: A decisive meeting between Baghdad and Erbil regarding oil exports and salaries.

Next Tuesday: A decisive meeting between Baghdad and Erbil regarding oil exports and salaries.

2025-07-20 05:54

Shafaq News – Baghdad
Deputy Chair of the Parliamentary Finance Committee, MP Ikhlas al-Dulaimi, revealed on Sunday that a crucial meeting will be held in two days between committees from the Kurdistan Region and Baghdad regarding the mechanism for resuming oil exports Read more…

The Parliamentary Finance Committee hosts the Minister of Finance at the committee’s headquarters.

The Parliamentary Finance Committee hosts the Minister of Finance at the committee’s headquarters.

2025-07-20

Today, Sunday, July 20, the Parliamentary Finance Committee began hosting the Minister of Finance, Taif Sami, at its headquarters. This hosting came based on Article (77/First) of the House of Representatives’ Internal Regulations No. (1) of 2023, to discuss a number of important topics related to the state’s financial files.

Hosting axes:

Discussions will focus on topics on the hosting agenda, which include: Read more…

Iraqi Dinar Guru opinions 7-19-2025

Iraqi Dinar Guru opinions 7-19-2025

7-19-2025 Intel Guru Frank26 I don’t like to talk about any other currency except the Iraqi dinar. But when Trump became the president on the 20th of January, all of a sudden he started to do something that we didn’t expect. And it was tied into the Iraqi dinar. The same thing that he wants from the Iraqi dinar is the same thing that he wants from every currency on this planet Earth. Play fair with my dollar and stop using it. How long has Iraq been using our dollar? Over 20 years. Read more…

Cameras captured the salaries of Kurdish employees heading to Erbil via armored vehicles.

Cameras captured the salaries of Kurdish employees heading to Erbil via armored vehicles.

2025-07-19 08:35

Shafaq News – Kirkuk
A local source in Kirkuk province reported on Saturday that vehicles belonging to the Iraqi Ministry of Finance began arriving in Erbil, carrying funds allocated for the payment of salaries to employees of the Kurdistan Region.

The source told Shafaq News Agency, “Vehicles loaded with money entered Kirkuk Governorate today, coming from Baghdad, heading towards Erbil,” noting that Read more…

Al-Kadhimi: The government will continue spending despite the lack of a budget.

Al-Kadhimi: The government will continue spending despite the lack of a budget.

7-19-2025

Information / Special..
Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed on Saturday that the government is continuing its disbursement and financing operations despite the failure to submit the 2025 budget schedules to the House of Representatives and the lack of Read more…

Hard currency is being drained with the blessing of the National Bank. Experts warn of a catastrophe that will cripple the Iraqi economy.

Hard currency is being drained with the blessing of the National Bank. Experts warn of a catastrophe that will cripple the Iraqi economy.

2025-07-19 | 06:10

Alsumaria News- Economist
raises concerns about bank monopoly Al-Ahly Dollar remittances have sparked widespread controversy in Iraqi economic and commercial circles, amid accusations that they dominate foreign currency sales and transfers, threatening the principle of fair competition Read more…

Strengthening the national economy… Parliament prepares to approve the industrial investment law.

Strengthening the national economy… Parliament prepares to approve the industrial investment law.

7-19-2025

Information / Baghdad..
Representative Firas Al-Maslamawi, spokesman for the Reconstruction and Development bloc in parliament, confirmed on Saturday that there is a clear desire among most political blocs to pass several important laws during the final legislative session, most notably Read more…

180 MPs sign a petition to reject the Khor Abdullah Agreement and demand its redrafting.

180 MPs sign a petition to reject the Khor Abdullah Agreement and demand its redrafting.

7-19-2025

Al-Maalouma/Baghdad..
A leader in the Sovereignty Alliance, Abdul Majeed al-Dulaimi, announced today, Saturday, that the signatures of more than 180 representatives have been collected to reject the Khor Abdullah Agreement, considering it “illegitimate” because Read more…