Three electronic payment services companies will be banned from dealing in dollars
2025-02-16 | 10:07
Alsumaria News – Economy
Informed sources revealed that three electronic payment service companies will be banned from dealing in dollars.
Reuters quoted the sources as saying that “three companies will be banned.” Services Electronic payment in Iraq from dealing in dollars.
This came after Iraqi banking sources, quoting diplomats working in Baghdad, Read more…
Federal Reserve Praises Development of US Dollar Cash Distribution System in Iraq
2-16-2025
Al-Maalouma/Baghdad..
The Central Bank announced, today, Sunday, the details of its meetings with the US Treasury and the US Federal Reserve.
The Central Bank stated in a statement received by / Al-Maalouma / agency, that “the first quarterly meetings for the year 2025 with the US Treasury and the US Federal Reserve, which were held in Dubai Read more…
Shocking admission from Congress: America funded terrorism with $697 million
2-16-2025
Information/Follow-up..
US Congressman from Pennsylvania Scott Perry caused a huge uproar after admitting that America funded terrorism with $697 million.
Scott Perry said from inside Congress, “America is the main funder of groups like ISIS, Al-Qaeda, Boko Haram, ISIS Khorasan, Bin Laden and Read more…
IMO President: Iraq is developing and I stress joint cooperation with it
2025-02-16 05:48
Shafaq News/ On Sunday, the President of the International Maritime Organization, Arsenio Dominguez, expressed his interest in the development taking place in Iraq, and while stressing his desire for joint cooperation, he extended an official invitation to the Iraqi Minister Read more…
Washington punishes Iraqi banks and bans the use of electronic cards abroad
2025-02-16 03:37
Shafaq News/ An Iraqi government official source revealed, on Sunday, that Iraqi government agencies received an official notification imposing US sanctions on new Iraqi banks, for their involvement in illegal financial transfer operations inside and outside Iraq.
The source told Shafaq News Agency, “Iraqi government agencies have officially Read more…
Toyota first, Kia second.. Learn about the best-selling cars in Iraq
2025-02-16 01:13
Shafaq News/ Toyota ranked first in car sales in Iraq in 2024, followed by Kia in second place and Hyundai in third place.
Focus 2 Move stated in a report reviewed by Shafaq News Agency that “the cumulative data for the year 2024 in terms of brand was Read more…
The Central Bank of Iraq reveals details of its meetings with the US Treasury and Federal Reserve
2025-02-16 04:22
Shafaq News/ The Central Bank of Iraq announced, on Sunday, that its quarterly meetings with the American side and international auditing companies had yielded positive results, denying that some Iraqi banks were subject to international sanctions.
The bank stated in a statement received Read more…
Iraqi Planning announces good news and notes “two dates” for announcing census results
2025-02-16 03:59
Shafaq News/ The Iraqi Ministry of Planning announced on Sunday that the poverty rate in the country has declined as a result of the policies implemented by the government, while noting the date of announcing the final results of the general population and housing census.
The ministry’s spokesman, Abdul Zahra Al-Hindawi, told Read more…
Parliamentary Finance Committee hosts the Governor of the Bank regarding real estate and commissions
2025-02-16 03:42
Shafaq News/ Member of the Parliamentary Finance Committee, Mustafa Sand, revealed on Sunday that the committee decided to host the governor of the Central Bank against the backdrop of recent decisions, while indicating that the date has not been set yet.
Sand told Shafaq News Agency, “The Parliamentary Finance Committee decided to Read more…
The President of the Republic approves the amendment of the budget law regarding the export of Kurdistan oil through SOMO
2025-02-16 01:54
Shafaq News/ Amanj Rahim, Secretary of the Kurdistan Region Council of Ministers, announced on Sunday that the President of the Republic of Iraq, Abdul Latif Jamal Rashid, approved the first amendment to the Iraqi federal budget law regarding the export of oil from the Kurdistan Region through the National Oil Marketing Company (SOMO).
Rahim stated in a post on social media today that the President of the Republic Read more…
Will Iraq Abandon Its Local Banks? New Pressures from the Central Bank
2-16-2025
The Central Bank of Iraq has given banks operating in the country that do not have an account in a bank that deals directly with the American bank JP Morgan, a deadline of June to settle their electronic payments, threatening to stop them if Read more…
Iraq’s oil exports to America fell sharply last week
2025-02-16
The US Energy Information Administration recorded a significant decline in Iraq’s oil exports to the United States of America during the past week. According to the schedule issued by the administration, which Shafaq News Agency reviewed, the average US imports of crude oil during the past week amounted to Read more…
MP Faleh Al-Khazaali calls on the Governor of Basra to file a lawsuit against the government to demand 50 trillion dinars
2025-02-16
Saturday (February 15, 2025), Basra Governorate Representative Faleh Al-Khazaali addressed a sharp speech to Governor Asaad Al-Eidani, demanding that he take urgent action to demand the financial rights due to Basra Governorate, which are estimated at about 50 trillion Iraqi dinars.
Al-Khazaali pointed out in a press statement that “the federal government Read more…
Iraqi Dinar Guru opinions 2-15-2025
2-15-2025 Newshound/Intel Guru Mnt Goat Article: “AMERICA STOPS THE DOLLAR CASH TO IRAQ: WILL THE DOLLAR RISE AGAINST THE DINAR?” Remember this is the use of CASH dollar. They will still have electronic transfer from the Feds of dollars to Iraq. But this is a move that I believe is in agreement with the CBI to finally shut down the parallel market for good. This comes on the heals of the issue with Rafidian bank’s continue smuggling of the cash dollars to Iran. This is an amazing article. A “WOW!” article…The US is finally doing it. They should have cut off the dollars off years ago. We would be much farther ahead now in the RV process. But now it is being done. A good sign for us investors. How will this impact the Iraqi economy? Seems to me the US wants the dinar to rise in value and this may be leading us to something VERY IMPORTANT. Read more…
Economist: Delaying the approval of the 2025 budget schedules disrupts projects and affects the economy
2025/02/15
Economic expert Nabil Al Marsoumi confirmed today, Saturday, that it is certain that the 2025 budget will include changes in the quantities of exported oil and some financial allocations.
Al-Marsoumi added in his interview with Read more…
Al-Sudani discusses with Airbus aircraft company modernizing the air fleet
2-15-2025
Information/Baghdad..
Prime Minister Mohammed Shia Al-Sudani discussed, today, Saturday, with Airbus Aircraft Company, modernizing the air fleet.
Al-Sudani’s office stated in a statement received by Al-Maalouma Agency, that “the latter received, at his residence in Munich, the Executive Vice President of Airbus Read more…
The President of the Region discusses with the US Secretary of State the strategic partnership between Kurdistan and Washington
2025-02-15 04:48
Shafaq News/ The President of the Kurdistan Region, Nechirvan Barzani, met with the US Secretary of State, Mr. Marco Rubio, this Saturday afternoon, as part of his agenda at the Munich Security Conference.
The presidency of the region said Read more…
Foundation warns of ‘parallel banking system’ and ‘shadow economy’ in Iraq
2025-02-15 02:38
Shafaq News/ The “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations warned, on Saturday, of the danger of the parallel banking system, which constitutes about 84% of the “informal” economy in the country, considering this system to “limit the ability of official bodies to monitor Read more…
Allawi and Mutlaq lead new political bloc in Iraq
2025-02-15 01:48
Shafaq News/ A number of Iraqi political figures announced, on Saturday, the establishment of the “Iraqi National Civil Gathering”, a new electoral gathering bearing the slogan “Justice, equality and non-militarization of society.”
According to Shafaq News Agency correspondent, the gathering aims to Read more…
“Joint agreements and understandings” on the table of Al-Sudani and an American senator in Germany – WTF!
2025-02-15 05:10
Shafaq News/ Prime Minister Mohammed Shia al-Sudani discussed, on Saturday, with US Senator Elissa Slotkin, the joint agreements and understandings between Baghdad and Washington .
The Prime Minister’s Office stated in a statement Read more…
