Kurdistan salaries and the oil and gas law are on the table at the Rashid-Sudani meeting.
2025-05-31
Prime Minister Mohammed Shia Al-Sudani received President Abdul Latif Jamal Rashid today, Saturday (May 31, 2025), in a meeting that addressed the most prominent current political and economic issues, and the progress of implementing government programs.
The Prime Minister’s media office said in a statement Read more…
“A clear monopoly and binding commissions.” Observers warn of Arab banks’ dominance of currency sales.
2025-05-31
Economist Mahmoud Dagher confirmed on Saturday that Arab banks’ takeover of the currency exchange window portends an economic catastrophe.
“Arab banks have come to dominate the currency exchange window and foreign money transfer operations in Iraq,” Read more…
“Ensures a ceasefire.” Hamas submits its response to Witkoff’s proposal to mediators.
2025-05-31 08:14
Shafaq News/ Hamas announced on Saturday that it had submitted its response to US envoy Steve Witkoff’s proposal to end the Gaza war to the mediators.
Hamas said in a statement: “After conducting a round of national consultations, we submitted our response to US envoy Read more…
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Mazhar Saleh: Iraq ranks third in the Arab world in the number of bank cards.
2025/05/31
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed today, Saturday, that Iraq’s ranking as third in the Arab world in the number of bank cards issued is an important indicator of the development of the financial sector and the growing community and international confidence in government Read more…
Al-Gharibawi: Baghdad-Erbil disputes hinder the passage of the oil and gas law.
5-31-2025
Information/Baghdad..
The House of Representatives’ Oil and Natural Resources Committee confirmed on Saturday that the Oil and Gas Law is a complex strategic law, suggesting it will likely be postponed to the next parliamentary session due to ongoing political disputes, particularly between Read more…
Al-Fatlawi: Iraq faces an unprecedented debt exceeding $130 billion.
5-31-2025
Information/Baghdad…
MP Zuhair al-Fatlawi confirmed on Saturday that Iraq is facing an unprecedented debt burden exceeding $130 billion. He warned of the repercussions of the escalating financial crisis and called for public frankness about the nature and dimensions Read more…
Rafidain Bank denies suspending electronic payment cards
5-31-2025
Al-Maalouma/Baghdad..
Rafidain Bank categorically denied, on Saturday, the news circulating about suspending the operation of electronic payment cards.
A statement by Rafidain Bank received by Al-Maalouma Agency said, “There is no truth to the news circulating about suspending the operation of electronic payment cards, and no decision has been issued by MasterCard or any relevant official body Read more…
MP files a request to file a lawsuit against the Minister of Finance
5-31-2025
Al-Maalouma/Exclusive:
MP Haider Al-Mutairi revealed on Saturday that he had submitted an official request to the Public Prosecutor to file a lawsuit against the Minister of Finance, due to the delay in finalizing the 2025 budget schedules.
Al-Mutairi told Al-Maalouma that “the 2025 budget schedules are vital files Read more…
Al-Sudani: Unemployment rate drops to 13% in Iraq
2025-05-31 02:27
Shafaq News/ Prime Minister Mohammed Shia al-Sudani announced on Saturday that unemployment rates have fallen to 13 percent in the country, stressing his government’s commitment to supporting locally manufactured goods in Iraq.
This came during the inauguration of the factories Read more…
Popular unrest in central Iraq: Five provinces angry with Baghdad, threatening escalation
2025-05-31 05:56
Shafaq News/ The Iraqi governorates, including the Middle Euphrates (Najaf, Karbala, Diwaniyah, Babil) and Muthanna, are suffering from a clear deterioration in the provision of services, most notably the provision of national electricity. Observers hold the local councils and governments, and even Baghdad, Read more…
Confidential report: Iran has significantly increased uranium enrichment
2025-05-31 06:51
Shafaq News/ A confidential report by the International Atomic Energy Agency (IAEA) revealed on Saturday that Iran has significantly accelerated its production of enriched uranium, describing this increase as “a major concern.”
The agency reported that Iran has accelerated its production of 60 percent enriched uranium, close to the 90 percent level required for military use, in an unpublished Read more…
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The Ministry of Finance addresses Al-Sudani: The treasury cannot bear additional financial consequences.
2025-05-31
The Ministry of Finance sent an official letter to the office of Prime Minister Mohammed Shia Al-Sudani, regarding the request to confirm the contracts of Ministry of Oil employees in accordance with Resolution (315), stressing that the Federal General Budget Law does not include any text that permits Read more…
Iraqi Dinar Guru opinions 5-30-2025
5-30-2025 Intel Guru Frank26 Maliki’s house is being surrounded/secured right now…Why don’t we have the new exchange rate? Because Maliki’s people, the Framework Party…are against what Donald Trump wants to do. They know very well what Sudani wants. He wants the purchasing value to come to the Iraqi citizens but it has to come the proper way. And it had to come through the United States Treasury. It’s that simple. Read more…
The path to development… a golden corridor that brings Iraq back to the forefront
5-30-2025
Sky News Arabia – Abu Dhabi
The Iraqi economy has long been captive to a single equation: oil versus revenues. But with the rise of calls to break free from the shackles of a rentier economy, the “Development Path” project has emerged as an ambitious strategic initiative that redraws Iraq’s position on the global Read more…
Government advisor: Our large foreign reserves protect Iraq from oil price fluctuations.
2025/05/30
The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Friday that there is a close connection between the Iraqi economy, the activity of the general budget, and international economic shocks.
Salih explained to {Al Furat News} that “this connection moves in two main directions. The first is the world entering a gradual Read more…
Gold prices in Iraq fell by 30,000 dinars per ounce.
5-30-2025
Information/ Follow-up..
Gold prices in Iraqi markets recorded a significant decline on Friday, with the price of one ounce falling by $23.36, equivalent to approximately 30,548.40 Iraqi dinars, amid global Read more…
Mohammed: Erbil’s deals with fake American companies are a violation of the law and an attempt to blackmail Baghdad.
5-30-2025
Al-Maalouma / Special…
Former MP Ghaleb Mohammed accused the Kurdistan Regional Government (KRG) on Friday of concluding oil deals with “fake” American companies in a manner that violates the law and excludes the federal government in Baghdad Read more…
For the first time, Iraq wins membership in the United Nations Human Settlements Programme.
2025-05-30 01:46
Shafaq News/ Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, announced on Friday that Iraq has won membership in the Executive Board of the General Assembly of the United Nations Human Settlements Programme (UN-Habitat), for the first time since Read more…
New statement from the Ministry of Finance regarding budget schedules, bonuses, promotions, and salaries.
2025-05-30
The Ministry of Finance denied, on Thursday, May 29, 2025, what was stated in statements by a member of the House of Representatives, circulated in some media outlets, in which he said that the Minister of Finance, Taif Sami, does not intend to send the budget tables to Parliament.
The Ministry of Finance stated in a statement, “There was no dialogue between Read more…
Iraqi Dinar Guru opinions 5-29-2025
5-29-2025 Intel Guru Frank26 Forex Executive Summary quote: “This memo confirms the Iraqi dinar is fully armed for public rate visibility at $4.81 which activates infrastructure interrogation, live suspension, staging and institutional level confrontation…The rate is suppressed but loaded across all FX-UV telemetry layers…Release is now dependent solely on coordinated political timing optics…” I want you to understand it’s not trading yet. It’s not active yet. It’s not live yet. Read more…
