$32.6 billion is not enough… Iraq is not among the largest holders of US bonds.

$32.6 billion is not enough… Iraq is not among the largest holders of US bonds.

2025-05-18 02:39

Shafaq News/ The US Treasury Department announced on Sunday that the total holdings of US bonds by countries around the world this year exceeded $9 trillion.

The Treasury said in its latest 2025 schedule, seen by Shafaq News Agency, that “worldwide holdings of US bonds reached Read more…

The Ministry of Electricity directs to waive interest on loans for purchasing solar energy systems for homes.

The Ministry of Electricity directs to waive interest on loans for purchasing solar energy systems for homes.

2025-05-18

The Ministry of Electricity announced on Sunday that it is moving to waive interest on loans for purchasing solar energy systems for homes. Ministry spokesman Ahmed Moussa explained to the official news agency that “the Ministry of Electricity has launched an electronic link via the (OR) platform, allowing citizens to select Read more…

Prime Minister: Baghdad will remain a source of strength and power and a pillar of Arab decision-making.

Prime Minister: Baghdad will remain a source of strength and power and a pillar of Arab decision-making.

2025-05-18

Prime Minister Mohammed Shia al-Sudani affirmed, on Saturday, that Baghdad will always remain an arena for joint Arab action, a source of strength and power, and a pillar in Arab decision-making. Mr. al-Sudani said in a post on the (X) platform, “I extend my sincere thanks, on behalf of Iraq, government and people, to the Arab Read more…

Iraqi Dinar Guru opinions 5-17-2025

Iraqi Dinar Guru opinions 5-17-2025

5-17-2025 Intel Guru Frank26 [my] I-Team…have a source…who works for the United States Treasury and it was 2 years ago that I-Team’s friend was assigned to the 8th floor of the new CBI building in Baghdad to make sure all the sequential steps of the monetary reform was successful…We now have the RI ready IMO…He stated to I-Team he’s coming home. Read more…

“With losses exceeding $60 million,” a representative said, “Iraq will continue to provide discounted oil to Jordan.”

“With losses exceeding $60 million,” a representative said, “Iraq will continue to provide discounted oil to Jordan.”

5-17-2025

Al-Maalouma/Exclusive..
MP Haider Al-Mutairi confirmed on Saturday that Iraq provides Jordan with subsidized crude oil shipments worth about $60 million annually.
Al-Mutairi told Al-Maalouma that “Iraq sells crude oil at subsidized prices of up to Read more…

Emir of Qatar: We hope the outcomes of the Baghdad Summit will strengthen Arab solidarity.

Emir of Qatar: We hope the outcomes of the Baghdad Summit will strengthen Arab solidarity.

2025-05-17 05:29

Shafaq News/ On Saturday, the Emir of Qatar, Tamim bin Hamad, expressed his hope that the outcomes of the Baghdad Summit would enhance Arab solidarity.

Bin Hamad said in a tweet on the ” X ” platform, ” We met today in Baghdad, at the 34th Arab Summit, which was held under regional and international Read more…

Iraqi Ports announces completion of first section of development road

Iraqi Ports announces completion of first section of development road

2025-05-17 06:39

Shafaq News/ The Iraqi General Company for Ports announced on Saturday the implementation of the first section of the development road project, which begins at the Grand Faw Port, and has been fully received from the implementing agency.

The company’s director, Farhan Al-Fartousi, told Shafaq News Agency, “The road will be implemented with three lanes designated for Read more…

Oil: We will achieve self-sufficiency by the end of 2025… and a plan to increase production to 6 million barrels.

Oil: We will achieve self-sufficiency by the end of 2025… and a plan to increase production to 6 million barrels.

2025-05-17

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani confirmed on Friday (May 16, 2025) that Iraq will achieve self-sufficiency in imported petroleum products by the end of this year, while the Undersecretary of the Ministry revealed a plan to raise crude oil production capacity to 6 million Read more…

Iraqi Dinar Guru opinions 5-16-2025

Iraqi Dinar Guru opinions 5-16-2025

5-16-2025 Newshound Guru Militia Man The United States is talking about currency manipulation…When Iraq has a real effective exchange rate, all those trading partners that have…the dinar, are probably going to get an adjustment…If all boats rise with the tide and all those currencies have more value to the United States dollar because they’re adjusted accordingly based on their natural resources, which all those countries have a lot of natural resources, and if they all hold foreign currencies of each other’s currencies, the valuations are going to go up…They’re going to be able to buy more dollars…with less of theirs. It’s actually a brilliant way of doing things. That’s why everybody is flocking in [to Iraq]. Because it’s like a lottery for them to some degree. Read more…

Government advisor: The Baghdad summit may lead to economic memoranda of understanding that will benefit Iraq.

Government advisor: The Baghdad summit may lead to economic memoranda of understanding that will benefit Iraq.

2025/05/16

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, affirmed on Friday the strong possibility that the Arab rapprochements witnessed at the Arab Summit in Baghdad will lead to the signing of economic memoranda of understanding that serve Iraq’s interests.
In a statement to Al Furat News Agency, Saleh explained that “this step comes within the framework of the country’s productive foreign policy with its Arab Read more…

Economist: The region is smuggling billions of dollars worth of oil, and its pledges are nothing but maneuvers.

Economist: The region is smuggling billions of dollars worth of oil, and its pledges are nothing but maneuvers.

5-16-2025

Information/Special..
Economic expert Hassan al-Sheikh confirmed on Friday that the Kurdistan Region continues to smuggle huge quantities of oil through the black market, asserting that the value of the region’s annual exports exceeds three billion dollars without any official government oversight.

“The financial dues the regional government owes to Baghdad are nothing compared Read more…

The US Army is conducting medical tests to detect transgender individuals in its ranks.

The US Army is conducting medical tests to detect transgender individuals in its ranks.

2025-05-16 00:32

Shafaq News/ The US newspaper “The Hill” reported on Friday that the US Department of Defense “the Pentagon” has begun conducting tests for gender identity disorder among military personnel, with the aim of excluding “transgender” individuals from military service.

According to a new memo, senior officials have ordered the immediate identification Read more…

Iraq expresses its readiness to contribute to the success of the ongoing negotiations between Iran and the United States.

Iraq expresses its readiness to contribute to the success of the ongoing negotiations between Iran and the United States.

2025-05-16 00:39

Shafaq News/ Iraqi President Abdul Latif Jamal Rashid expressed his country’s readiness to contribute to the success of the ongoing negotiations between Iran and the United States.

In an interview with Al-Sharq TV, Rashid said, “We welcome the ongoing negotiations between Iran and the United States, support their success, and are Read more…

US authorities are investigating the former FBI director on charges of inciting the assassination of Trump.

US authorities are investigating the former FBI director on charges of inciting the assassination of Trump.

2025-05-16 00:59

Shafaq News/ US authorities have begun investigating former FBI Director James Comey on charges of inciting the assassination of President Donald Trump via a post on his Instagram account.

US Homeland Security Secretary Kristi Lynch said Thursday that law enforcement agencies are investigating an alleged threat to assassinate President Donald Trump by James Comey. Read more…

Instead of Russia, Syria chooses the UAE to print its new currency.

Instead of Russia, Syria chooses the UAE to print its new currency.

2025-05-16 06:04

Shafaq News/ Syria is planning to print its new currency in the UAE and Germany, instead of Russia, which was originally scheduled to print it there.

On Thursday, Damascus signed a preliminary $800 million deal with the Emirati Read more…

Among them are “hateful and abhorrent.” Al-Sudani’s advisor reveals Iraq’s debts and their global classification.

Among them are “hateful and abhorrent.” Al-Sudani’s advisor reveals Iraq’s debts and their global classification.

2025-05-16 06:50

Shafaq News/ The financial advisor to the Iraqi Prime Minister, Mazhar Mohammed Salih, revealed on Friday that the ratio of external and domestic public debt does not exceed 33% of the gross domestic product, an indicator that places Iraq within a comfortable and low-risk global credit rating.

Saleh told Shafaq News Agency, “Iraq legally and customarily Read more…

The Ministry of Transport delivers cadastro maps for the development road project to four governorates.

The Ministry of Transport delivers cadastro maps for the development road project to four governorates.

2025-05-16

The Ministry of Transport announced, on Thursday, the delivery of cadastro maps for the Development Road Project to 4 governorates, while indicating that the sub-expropriation committees will begin the procedures for inventorying and expropriating lands to prepare the requirements for implementing Read more…

Iraqi Dinar Guru opinions 5-15-2025

Iraqi Dinar Guru opinions 5-15-2025

5-15-2025 Intel Guru Frank26 Watch the CBI open up to the new exchange rate once Donald Trump is done with Iran…Iran is the reason why you don’t have the new exchange rate…Iran is doing the right thing…I want you to watch Trump deal with Iran and when he does, watch what the CBI does right after that. Read more…

“A historic moment” and “high hopes”… Details of the Arab ministers’ meeting in preparation for the Baghdad summit

“A historic moment” and “high hopes”… Details of the Arab ministers’ meeting in preparation for the Baghdad summit

2025-05-15 08:20

Shafaq News/ The Arab foreign ministers’ preparatory meeting for the Arab League summit, held Thursday in Baghdad, addressed a number of topics to be discussed at the Arab summit scheduled for next Saturday.

During the meeting, Iraqi Foreign Minister Fuad Hussein proposed forming an open-ended Arab higher ministerial committee Read more…

Have government measures actually contributed to lowering the dollar’s value?

Have government measures actually contributed to lowering the dollar’s value?

5-15-2025

Information/Exclusive:
Political analyst Diaa Mohsen cast doubt on Thursday on the effectiveness of the government’s announced measures to reduce the dollar exchange rate, asserting that the recent decline is due to a change in speculators’ tactics rather than actual Read more…