Rafidain Bank: Mastercard and Visa cards operate normally inside and outside Iraq.
2025-04-22
Rafidain Bank denied on Monday reports of a suspension of payment cards, confirming that its MasterCard and Visa cards are operating normally inside and outside Iraq. A statement from the bank read, “Rafidain Bank denies Read more…
Iraqi Dinar Guru opinions 4-21-2025
4-21-2025 Newshound Guru Militia Man ‘Investing in strategic minerals such as thorium could generate returns comparable to oil as thorium is cleaner and more important alternative than uranium. Linking the value of the national currency to invest in the minerals depends on Iraq’s ability to enter valued added chains which contribute to raising the gross domestic product…This boom in mineral investment will positively impact fiscal and monetary policy by enhancing monetary stability.’ That’s what they want, monetary stability…It’s kind of a long article but it’s fascinating. Linking the value of the national currency to investment based off their natural resources I think is quite simple to understand … The expectation is Iraq will have a real effective exchange rate and open up and integrate into the International financial system. Read more…
Rafidain Bank announces the third issuance of national investment bonds.
2025/04/21
Rafidain Bank announced, on Monday, the third issue of national investment bonds.
The bank stated in a statement received by {Euphrates News} a copy of it, that: “It offers citizens and investors a distinctive investment opportunity through the third issue of national bonds, offered for subscription starting Read more…
Gold hits new all-time high, nearing $3,400 per ounce
4-21-2025
Information/Baghdad
Gold rose significantly in early trading on Monday, approaching the $3,400 per ounce barrier, supported by the dollar’s decline to its lowest level in three years and the escalation of fears of an economic recession resulting from Read more…
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Parliamentary Security: The timeframes for withdrawing international coalition forces have not changed.
4-21-2025
Al-Maalouma/Baghdad…
The Parliamentary Security and Defense Committee confirmed that there is an agreement on the withdrawal of international coalition forces from Iraq according to specific time frames agreed upon between the Iraqi delegation and the international coalition, noting that the agreement is still Read more…
Al-Sudani’s advisor: Iraq’s foreign exchange reserves are fine.
2025-04-21 01:17
Shafaq News/ The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Monday that Iraq’s foreign currency reserves cover 100% of the national currency.
Saleh told Shafaq News Agency, “Iraq’s foreign currency reserves still have the capacity to cover 100% of Read more…
“Sexual harassment” topples Davos Forum founder
2025-04-21 05:11
Shafaq News/ The World Economic Forum announced on Monday the immediate resignation of its founder, Klaus Schwab (87 years old), from his position as president and member of the organization’s Board of Trustees.
This move came after media reports of allegations of discrimination and sexual Read more…
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Al-Sudani acknowledges the “actual” realization of the budget deficit.
2025-04-21 05:33
Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani acknowledged on Monday that the federal budget deficit has been realized.
In his speech during a meeting with the head and members of the Dhi Qar Provincial Council, as reported by Shafaq News Agency, Al-Sudani said, “In our government, the budget deficit has actually appeared to achieve Read more…
Legal and Constitutional Aspects of the Abrogation of the Khor Abdullah Agreement: Iraqi Sovereignty at a Crossroads
4-21-2025
Researcher Shaza Khalil*
National Sovereignty Violated.
The 2023 decision by the Iraqi Federal Supreme Court to annul Law No. 42 of 2013, ratifying the agreement regulating navigation in the Khor Abdullah Strait between Iraq and Kuwait, has reopened debate over Iraqi sovereignty, economic Read more…
The Prime Minister offers his condolences on the passing of Pope Francis.
2025-04-21
Prime Minister Mohammed Shia al-Sudani offered his condolences to the Catholic Church on Monday over the passing of Pope Francis. In a statement, al-Sudani said, “We received with deep sadness and sorrow the news of the passing Read more…
Iraqi Dinar Guru opinions 4-20-2025
4-20-2025 Newshound Guru Militia Man Those that are out there that believe this was a scam, you’ve been told it’s a scam and those not invested, they’re going to have a rude awakening…It’s going to be a horrible one. I think a lot of people are gonna be really bummed out because of this event. It’s not just about Iraq. It’s about all kinds of countries and it’s a really big deal and a complex. Read more…
United Nations: Iraq is experiencing an advanced level of security, openness, and urban development.
4-20-2025
United Nations Under-Secretary-General for Operational Support, Atul Khare, affirmed on Sunday that Iraq is experiencing an advanced level of security, openness, and urban development. Meanwhile, Prime Minister Mohammed Shia al-Sudani affirmed Iraq’s great interest in cooperating with the United Nations.
Al-Sudani’s office said in a statement Read more…
Kocher: Salaries are safe despite the decline in oil prices, and the 2025 budget may be delayed until after next October.
2025/04/20
Member of the Parliamentary Finance Committee, Jamal Kocher, confirmed on Saturday that the drop in oil prices will not affect the operating budget, explaining that salaries are being disbursed according to the Financial Management Law, which uses a 1/12 formula, making salaries safe, especially with the approaching election Read more…
“No retreat from implementation.” Parliamentary Security confirms it is monitoring the withdrawal of US forces.
4-20-2025
Al-Maalouma / Special..
The Parliamentary Security and Defense Committee confirmed, on Sunday, that it is closely following the issue of the withdrawal of US forces from Iraqi territory, stressing that the government is obligated to implement the agreement concluded with the international coalition regarding the timetable for the withdrawal Read more…
Omani Minister of Transport: The development road is a promising project that includes all Iraqi governorates.
4-20-2025
Al-Maalouma/Baghdad..
Omani Minister of Transport, Said bin Hamoud Al-Maawali, affirmed today, Sunday, that the “Development Road” project is a promising project and will include all Iraqi governorates, pointing out his country’s efforts to activate Read more…
Al-Kadhimi proposes a new electoral system and invites parties to discuss the commission.
2025-04-20 01:52
Shafaq News/ Former Prime Minister Mustafa Al-Kadhimi proposed, on Sunday, adopting a fixed electoral system that all governments are obligated to adhere to, provided that it is based on objective criteria. He also called for the independence of the head and members of the Electoral Commission from Read more…
Iraq out for the second year… Two Arab countries are among the largest holders of US bonds.
2025-04-20 03:10
Shafaq News/ The US Treasury Department announced on Sunday that two Arab countries were among the largest foreign holders of US bonds for 2025, while Iraq dropped from the list for the second year.
The Treasury said in its latest 2025 schedule, Read more…
The Ports Company sets a date for completing the Faw Port projects and contracting with the operating partner.
2025-04-20
The Director General of the Iraqi Ports Company, Farhan Al-Fartousi, stated on Sunday that the Grand Faw Port projects will be 100% completed by the end of this year, noting that work is proceeding in parallel with another track represented by Read more…
Iraqi Dinar Guru opinions 4-19-2025
4-19-2025 Intel Guru Frank26 I believe this is a reinstatement, an RI because the RV…that was done a long time ago, about 5 to 7 years ago… IMO the new exchange rate, whatever it is…they’ve been using it for quite a while now. ‘Oh, sure Frank, Oh sure! Oh sure!’ You don’t believe it? Don’t believe it. It’s my opinion. You know why it’s my opinion? It’s the only way everything makes sense that we’re seeing…We’re missing variables…It’s called the new exchange rate… Read more…
Al-Fath: Baghdad possesses historical evidence proving its right to Khor Abdullah.
4-19-2025
Al-Maalouma / Exclusive..
Member of the Al-Fatah Alliance, Salam Hussein, confirmed on Saturday that Baghdad possesses conclusive historical evidence proving that Khor Abdullah does not belong to the State of Kuwait, but to Iraq.
Hussein said in a statement Read more…