The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

2025-02-26 00:07

Shafaq News/ The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday the intention to create a digital banking currency to replace paper currencies.

Al-Alaq said, in a speech during the 9th Finance and Banking Services Conference Read more…

Mazhar Saleh stresses the importance of electronic payment in the digital transformation in Iraq

Mazhar Saleh stresses the importance of electronic payment in the digital transformation in Iraq

2025/02/26

Mazhar Muhammad Salih, advisor to the Prime Minister, confirmed today, Wednesday, that electronic payment is one of the basic pillars for achieving digital transformation and enhancing financial stability in Iraq.
He added in his statement to {Al Furat News}, that “electronic payment contributes Read more…

Trade Bank of Iraq stops cash withdrawals via ATMs outside Iraq

Trade Bank of Iraq stops cash withdrawals via ATMs outside Iraq

2025/02/26

The Trade Bank of Iraq announced today, Wednesday, the suspension of cash withdrawals via automated teller machines (ATM) using electronic cards (Visa and MasterCard) outside Iraq, as part of preventive measures to avoid Read more…

Iraqi Bank Wins International Award for Providing Reliable and Effective Financial Solutions

Iraqi Bank Wins International Award for Providing Reliable and Effective Financial Solutions

2-26-2025

Information/Baghdad…
The National Bank of Iraq announced that it has won the “Excellence Award” from Citi Bank, in recognition of its exceptional performance in managing incoming and outgoing financial transfers, stressing that it is an achievement that reflects Read more…

Al-Kadhimi in Iraq again.. between corruption accusations and arrest demands

Al-Kadhimi in Iraq again.. between corruption accusations and arrest demands

2-26-2025

Information / Report..
Former Iraqi Prime Minister Mustafa Al-Kadhimi returned to the country amid tense political circumstances and ahead of the upcoming elections, which raised many questions about the timing and objectives of this return.
This step comes at a time when the political scene is witnessing Read more…

Parliamentary Integrity: 22,000 fictitious names receive salaries in the Peshmerga

Parliamentary Integrity: 22,000 fictitious names receive salaries in the Peshmerga

2-26-2025

Information / Special..
Member of the Parliamentary Integrity Committee Hadi Al-Salami revealed today, Wednesday, a report issued by the Financial Supervision Bureau revealing the presence of 22,000 fictitious employees within the Peshmerga forces.
Al-Salami told / Al-Maalouma / agency that “the report of the Financial Supervision Read more…

Confirming Shafaq News.. Trump is heading to impose sanctions on Iraqi groups

Confirming Shafaq News.. Trump is heading to impose sanctions on Iraqi groups

2025-02-26 04:30

Shafaq News/ The American website “Fox News” published a report today, Wednesday, in which it referred to the “maximum pressure” sanctions that the Trump administration is pursuing against countries that have economic and trade relations with Iran, including Iraq, which includes punishing a group of banks Read more…

After being closed for 15 years, the Article 140 office is reopened to compensate those affected in Nineveh

After being closed for 15 years, the Article 140 office is reopened to compensate those affected in Nineveh

2025-02-26 07:12

Shafaq News/ The representative of Nineveh Governorate, Sherwan Al-Dobardani, announced on Wednesday the reopening of the office for implementing Article 140 of the Iraqi Constitution in the city of Mosul after a 15-year closure.

Al-Dobardani said in a statement to Shafaq News Agency, “The office for implementing Article 140 of the Iraqi Constitution regarding Read more…

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

The Central Bank of Iraq is moving towards launching a digital banking currency instead of paper currency

2025-02-26 00:07

Shafaq News/ The Governor of the Central Bank, Ali Al-Alaq, revealed on Wednesday the intention to create a digital banking currency to replace paper currencies.

Al-Alaq said, in a speech during the 9th Finance and Banking Services Conference Read more…

Iraq discusses with the International Monetary Fund controlling expenditures and the 2024 budget

Iraq discusses with the International Monetary Fund controlling expenditures and the 2024 budget

2025-02-26 05:21

Shafaq News/ The Iraqi Minister of Finance, Taif Sami, discussed with the International Monetary Fund, financial and banking reforms to support the Iraqi economy, during the periodic meetings held in the Jordanian capital, Read more…

US State Department reveals new details about Rubio-Sudani call

US State Department reveals new details about Rubio-Sudani call

2025-02-26

Shafaq News/ The US State Department announced, on Wednesday, new details regarding the phone call made by Secretary Marco Rubio with Iraqi Prime Minister Mohammed Shia al-Sudani.

“Rubio discussed with Al-Sudani a number of issues, including Read more…

Central Bank of Iraq announces details of electronic payment

Central Bank of Iraq announces details of electronic payment

2025-02-26

The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, the details of electronic payment throughout Iraq, and while he pointed out that the financial inclusion rate has increased to more than 40%, he confirmed that the bank has achieved international integration by linking Read more…

The Association of Banks announces a new project to facilitate financial transfers within Iraq electronically

The Association of Banks announces a new project to facilitate financial transfers within Iraq electronically

2025-02-26

The Iraqi Private Banks Association announced today, Wednesday, a new project to facilitate financial transfers within Iraq electronically, while indicating that efforts are being made to facilitate the transfer of funds through open banking, as the Executive Director of the Iraqi Private Banks Association, Read more…

Al-Sudani discusses with US Secretary of State areas of coordination between Iraq and the new Washington administration

Al-Sudani discusses with US Secretary of State areas of coordination between Iraq and the new Washington administration

2025-02-26

Prime Minister Mohammed Shia Al-Sudani received a call from US Secretary of State Marco Rubio, Tuesday (February 25, 2025). The call discussed bilateral relations between Iraq and the United States, with a focus on ways to Read more…

Iraqi Dinar Guru opinions 2-25-2025

Iraqi Dinar Guru opinions 2-25-2025

2-25-2025 Intel Guru Frank26 What is it we’re looking for? Budget tables…but before the budget table can even be shown what was it we needed from Kurdistan? Oil flow…because it’s going to open the tables in the budget…The oil is but one of many things that needs the new exchange rate. If you see that oil has been agreed upon and you see it’s flowing and you see it coming to Baghdad do you know how close you are to seeing those budget tables? Very close… Read more…

Foreign currency sale results for Tuesday 2-25-2025

Foreign currency sale results for Tuesday 2-25-2025

Foreign currency sale results for Tuesday 2/25/2025

the details Read more…

Rashid Bank announces the launch of the credit plan in its various types

Rashid Bank announces the launch of the credit plan in its various types

2-25-2025

Information/Baghdad
Rashid Bank announced today, Tuesday, the launch of the credit plan in its various types, and the application can be submitted exclusively through the bank’s branches.

The bank stated in a statement received by / Al-Maalouma /, “Rasheed Bank announced the launch of the credit plan for the year 2025, which includes Read more…

US pressure on Iraqi government to resume Kurdistan oil exports

US pressure on Iraqi government to resume Kurdistan oil exports

2-25-2025

Information/ Translation..
A report by the Investor Idea website revealed on Tuesday that the Trump administration is exerting unusual pressure on the Iraqi government to resume oil exports from the Kurdistan Region under the implicit threat of imposing economic sanctions.
The report, translated by /Al-Maalomah/ agency, stated Read more…

Iraq announces offering ‘new security agreement’ to Trump administration

Iraq announces offering ‘new security agreement’ to Trump administration

2025-02-25 00:13

Shafaq News/ The Iraqi Minister of Defense, Thabet Al-Abbasi, announced on Tuesday that a new security agreement with the United States has been presented to the Donald Trump administration, stressing that the agreement is still “under study.”

Al-Abbasi said in press statements Read more…

Iraq records 1898 earthquakes in 5 years.. These are their locations

Iraq records 1898 earthquakes in 5 years.. These are their locations

2025-02-25 05:27

Shafaq News/ The Iraqi General Authority for Meteorology and Seismic Monitoring announced, on Tuesday, the recording of 1,898 earthquakes from 2020 to 2025.

The Authority stated in a statement received by Shafaq News Agency, “The Seismic Monitoring Department issued a map of seismic activity in Iraq for five years Read more…