A contraction threatens Iraq with its “most severe” financial crisis in years.
2025-04-26 06:14
Shafaq News/ The International Monetary Fund’s forecast of a 1.5% contraction in the Iraqi economy this year reflects the complex economic reality Iraq is currently experiencing, linked to several intertwined factors, most notably the volatility of oil prices and their decline to levels insufficient to achieve the required Read more…
Analysis of the Central Bank of Iraq’s instructions regulating the use of bank cards and their expected impact on the national economy.
4-26-2025
Researcher Shaza Khalil*
The Central Bank of Iraq recently issued new instructions regarding updating employee and retiree data and regulating the use of bank cards outside Iraq. These measures aim to enhance transparency and compliance with international banking regulations, in addition to achieving monetary Read more…
An Iraqi delegation in Washington discusses economic support and development projects.
2025-04-26
An Iraqi government delegation, headed by Finance Minister Taif Sami and Central Bank Governor Ali Al-Alaq, participated in the Spring Meetings of the World Bank and the International Monetary Fund in Washington, D.C., to discuss Read more…
Iraqi Dinar Guru opinions 4-25-2025
4-25-2025 Newshound Guru Militia Man It’s highly likely Iraq would not ever have accession [into the WTO] without having a real effective exchange rate with an international compliant currency. I just don’t see that ever happening because if they were going to do that they would have already have done it but they haven’t yet. That is a key component. Read more…
Sheikh Raouf: The region did not stand in the way of passing the oil and gas law.
4-25-2025
Information/Baghdad…
Patriotic Union of Kurdistan (PUK) member Burhan Sheikh Raouf confirmed that the Kurdistan Region will not stand in the way of passing the oil and gas law in parliament, noting that the law could be passed by relying on the parliamentary majority Read more…
Oil: Basra gas pipeline project reaches final stages
4-25-2025
Information/Baghdad..
The Ministry of Oil announced on Friday that the completion rate of the Shatt al-Basra gas pipeline project has reached its final stages.
“Work on the gas pipeline project extending from Khor al-Zubair port to the connection point Read more…
Three solar panel production lines will soon enter service.
4-25-2025
Information/Baghdad..
MP Baqir al-Saadi confirmed on Friday that three production lines will soon enter service producing solar panels as part of Iraq’s clean energy transition strategy.
Al-Saadi told Al-Maalouma, “Iraq’s strategy for transitioning Read more…
Trump: I am ready to meet with Khamenei, and we will not allow Iran to possess nuclear weapons.
2025-04-25 03:50
Shafaq News/ US President Donald Trump affirmed on Friday that he will not allow Iran to possess a nuclear weapon, expressing his willingness to meet with Iranian Supreme Leader Ali Khamenei.
Trump told the media that he was “ready to meet with the Iranian president or Read more…
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Prime Minister’s Advisor: Government Bonds Are a Better Investment Option Than Gold
2025-04-25
The Prime Minister’s advisor, Mazhar Mohammed Saleh, confirmed on Friday that sovereign government bonds are available for investment through banking institutions, calling for diversifying investment portfolios by investing in government bonds instead of gold, as “local gold is Read more…
Iraqi Foreign Minister heads to the United States on an official visit
2025-04-25
Iraqi Foreign Minister Fuad Hussein departed for the United States on Thursday on an official visit to discuss several joint security and economic issues.
Fuad Hussein said in a post on Twitter: “We left Thursday, for the United States, where we will hold a series of bilateral meetings to strengthen Iraqi-American Read more…
Iraqi Dinar Guru opinions 4-24-2025
4-24-2025 Newshound Guru Militia Man Article: “What are the real reasons behind the delay in sending budget tables?” So, the cat is finally out of the bag. They are now saying what we could see…Article 12 of the 2023-2024 Budget is being withheld publicly. It is clearly exchange rate related! What they are saying is now in print that the street knows what we know and this is supporting our view… Read more…
Trump receives recommendation to extend US forces in Iraq until 2029
2025-04-24 10:01
Shafaq News/ The New Line Institute, an American think tank specializing in political and military affairs, recommended that the Trump administration extend the presence of US forces in Iraq until 2029, warning of the danger of a sudden withdrawal to the capabilities of Iraqi security forces and efforts to Read more…
“No budget for 2025.” The Parliamentary Finance Committee announces its forecasts and identifies the reasons.
2025-04-24 09:06
Shafaq News/ The Parliamentary Finance Committee identified, on Thursday, the reasons for the delay in sending the federal general budget to the House of Representatives for approval so far. It also expected that there would be no budget for 2025 in light of Read more…
Parliamentary Defense Committee: The government must abide by the US troop withdrawal agreement.
4-24-2025
Information/Exclusive…
Member of the Parliamentary Security and Defense Committee, Ali Al-Bandawi, confirmed on Thursday that the Security Committee is continuously monitoring the foreign presence in Iraq, stressing the need for the government to adhere to the agreement signed with the international coalition regarding the withdrawal Read more…
Foreign Minister visits Washington to discuss bilateral cooperation and regional issues
4-24-2025
Information / Baghdad..
Foreign Minister Fuad Hussein headed to the United States of America today, Thursday.
The Foreign Minister said in a post on the (X) platform: “We left on Thursday, April 24, 2025, for the United States of America, where we will hold a series of bilateral Read more…
MP: A fake Ukrainian company is developing the Akkas field due to external pressure and suspicious deals.
4-24-2025
Al-Maalomah / Baghdad..
The head of the parliamentary Amal bloc, Yasser Al-Husseini, described the Ukrainian company developing the Akkas gas field in Anbar Governorate on Thursday as a fake company that cannot handle such a huge field.
Al-Husseini said in a statement to / Al-Maalomah / agency, “There are external pressures on the government to continue the Ukrainian company’s work Read more…
Parliamentary Wealth Committee reveals the latest developments in the oil and gas law.
4-24-2025
Al-Maalouma/Baghdad..
The Oil, Gas and Natural Resources Committee revealed, on Thursday, the fate of the Oil and Gas Law, while suggesting that the law would likely be Read more…
Iraq to be the third largest Arab exporter of goods in 2024
2025-04-24 03:39
Shafaq News/ The World Trade Organization announced on Thursday that Iraq ranked third as the largest exporter of goods in 2024.
The organization said in a report Read more…
Al-Sudani: Our goal is to meet the needs of the Iraqi market and stop importing from abroad.
2025-04-24 03:37
Shafaq News/ Prime Minister Mohammed Shia al-Sudani stated on Thursday that his government’s goals include strengthening public-private sector partnerships, meeting the Iraqi market’s need for local production, and halting imports.
This came in a speech he delivered during the inauguration of the executive works, Read more…
Avoiding billions of dollars in losses, Iraq wins dozens of international lawsuits.
2025-04-24 04:02
Shafaq News/ The Iraqi Ministry of Justice announced on Thursday that it had won 36 international lawsuits in favor of Iraq without incurring any losses, avoiding paying large sums estimated at billions of dollars if it lost those lawsuits.
The Ministry’s media office said in a statement received Read more…
