Upon arrival, Al-Zayadi confirms Parliament’s readiness to vote on the budget agenda.
5-13-2025
Al-Maalouma/Exclusive..
Member of the State of Law Coalition, Mohammed Al-Ziyadi, confirmed on Tuesday that the Iraqi Parliament is ready to include the budget tables in its upcoming sessions if they arrive from the government for voting, stressing that voting on them has become an absolute necessity due to Read more…
Al-Sudani steps up preparations for the “important event” in Baghdad.
2025-05-13 08:20
Shafaq News/ Prime Minister Mohammed Shia al-Sudani chaired a meeting on Tuesday to follow up on the final arrangements for the Arab Summit and the Economic and Development Summit, scheduled to be held in Baghdad next Saturday.
According to a statement issued by his office Read more…
The International Monetary Fund commends the Iraqi government’s significant progress in economic reform.
5-13-2025
The International Monetary Fund (IMF) in Iraq commended the significant progress made by the Iraqi government in economic reform on Monday, expressing its readiness to increase coordination and joint action and provide necessary advice on enhancing non-oil revenues .
Al-Sudani’s office said in a statement received Read more…
Al-Badri: Khor Abdullah is entirely Iraqi, and we await the Federal Court’s decisive decision.
5-13-2025
Al-Maalouma/Baghdad
MP Ahmed Al-Badri affirmed on Tuesday that the Khor Abdullah file is Iraqi, reiterating his confidence in the fairness of the Iraqi judiciary and awaiting the decision of the Federal Supreme Court on the matter.
Al-Badri told Al-Maalouma that “Khor Abdullah is Iraqi and represents a strategic Read more…
SWIFT and the US Federal Reserve put Iraq at the mercy of the global economy.
5-13-2025
Al-Maalouma/Exclusive:
Economic expert Hassan Al-Sheikh warned on Tuesday that Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system, especially after joining the global SWIFT system and its direct dealings with the US Federal Reserve.
Al-Sheikh told Al-Maalouma News Agency that “Iraq, over the past two years, has Read more…
Exclusive: Trump in Saudi Arabia to ward off a 3D “ghost” from the region
2025-05-13 03:54
Shafaq News/ US President Donald Trump’s visit to Saudi Arabia has sparked optimism among Saudi circles about the potential economic and security agreements it may produce between the two countries, as well as the prospect of Read more…
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Iraqi Dinar Guru opinions 5-12-2025
5-12-2025 Newshound/Intel Guru Fnu Lnu Article: “The Abu Dhabi Securities Exchange (ADX), the UAE’s largest financial market, has signed an agreement with the Iraq Stock Exchange and the Iraqi Securities Commission (ISC), paving the way for Iraq to join the regional digital trading platform, Tabadul.” As you can see, the arrangements being made for the Digital Iraq are more far ranging than you may have thought. There is much work to be done yet as many dozens of infrastructure projects, and housing projects, continue to be added to the agenda weekly. The Iraq stock market did very well in the past year with many yields over 100%. There are no discussions of the RV/RI, by any credible source, to be found anywhere. Read more…
Parliamentary Finance Committee: The government is not serious about sending the budget tables to Parliament.
5-12-2025
Information/Baghdad…
Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed on Monday that the government is still not serious about submitting the budget schedules to the House of Representatives. He pointed out that there is a funding deficit for ministries and governorates, which has prompted the government to Read more…
A “quantum leap”… Iraqi ports receive 207 oil tankers during the first quarter of 2025.
2025-05-12 03:17
Shafaq News/ The General Company for Iraqi Ports announced on Monday that Khor Al-Zubair oil port received 207 oil tankers during the first quarter of 2025.
The company’s general manager, Farhan Al-Fartousi, told Shafaq News Agency, “Khor Al-Zubair Oil Port has been able to provide marine services, including docking, launching, loading, unloading, and fuel loading Read more…
Iraq on Trump’s agenda during his Middle East tour
2025-05-12 05:28
Shafaq News/ US President Donald Trump is embarking on a tour of the Middle East, including Saudi Arabia, the UAE, and Qatar. This visit is described as crucial given the profound changes taking place in the region .
The Saudi capital, Riyadh, is hosting the summit that will bring together Trump and Read more…
Diyala: Financial corruption worth two billion dinars uncovered in a government bank
2025-05-12 06:45
Shafaq News/ The Federal Integrity Commission announced on Monday the arrest of four employees of a government bank in Diyala Governorate, on the grounds that they had illegally disbursed more than two billion dinars through a number of checks .
The Commission indicated, in a statement Read more…
After the dollar’s decline against the dinar, the government announces the Central Bank’s success in establishing an electronic monitoring system to track transfers.
2025-05-12
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, revealed on Sunday the reason for the dollar’s decline against the dinar in Iraqi markets.
“The narrowing gap between the official exchange rate and the parallel (black) market exchange rate is one of the most prominent indicators of the success Read more…
Iraqi Dinar Guru opinions 5-11-2025
5-11-2025 Newshound/Intel Guru Mnt Goat I believe the pivot point for us investors is all riding on the Iranian talks. Not a single event but a pivot point. What will come of Iran is also part of the fate of Iraq. We can also see now the parallel market is all about to be fully broken and the dinar is rising every day…Remember also that these correspondent banks for the remaining 5% of the foreign transactions is slowly being implemented, with a completion target by June, not starting in June… So, now we gradually hear about the decline of the dollar and rise of the dinar. This is a target for the CBI… Read more…
Dinar’s rise revives hopes for financial stability
2025/05/11
The Iraqi dinar has recently performed strongly against the dollar, driven by a series of monetary measures implemented by the Central Bank. These measures have contributed to reducing demand for hard currency in the parallel market and boosting traders’ confidence Read more…
Ministry of Oil: Iraq is floating on a large and inexhaustible oil and gas reservoir.
2025/05/11
The Ministry of Oil reported that Iraq is floating on a large oil and gas reservoir from north to south, and work is ongoing to reach new discoveries.
Osama Raouf Hussein, the director general of the Ministry of Oil Exploration’s company, said in a press statement that “Iraq’s reserves are large and are what Read more…
MP: 2025 budget schedules may be finalized by the end of this month
5-11-2025
Information/Baghdad…
MP Baqir al-Saadi expected on Saturday that the 2025 budget schedules would be finalized by the end of May.
Al-Saadi told Al-Maalouma, “Despite talk of the possibility of postponing the budget resolution until after the November 2025 elections, there are indications that Read more…
Economist: Iraq has export resources to mitigate the damage caused by the drop in oil prices.
5-11-2025
Al-Maalomah/Baghdad…
Economic researcher Diaa Abdul Karim explained on Sunday that Iraq has many resources that can be exported abroad and benefit from their revenues, especially oil derivatives.
Abdul Karim told Al-Maalomah, “There is an urgent need to develop oil refineries to ensure that Read more…
MP accuses Halbousi of being a traitor and obstructing parliament in collusion with Sunni and Kurdish blocs.
5-11-2025
Information/Exclusive:
MP Thaer Makhif attacked the head of the Progress Party, Mohammed al-Halbousi, on Sunday, accusing him of “treason” and working against the national interest by obstructing parliament’s work in coordination with Sunni and Kurdish political blocs.
“The disruption of the parliament’s work is not due to technical or Read more…
Unprecedented growth of Antarctic ice confuses scientists
2025-05-11 00:38
Shafaq News/ The Antarctic ice sheet showed a remarkable recovery between 2021 and 2023, after decades of continuous melting that was considered one of the largest sources of global sea level rise.
New data, captured by the GRACE and GRACE-FO missions by tracking changes in Read more…
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The Iraqi government has decided to supply private generators with kerosene fuel “free of charge.”
2025-05-11 05:51
Shafaq News/ The Iraqi Council of Ministers decided, on Sunday, to supply private generators with kerosene fuel “free of charge” during the summer season this year.
This came during the 19th regular session of the Council of Ministers, chaired by Prime Minister Mohammed Shia al-Sudani, during which Read more…
