Al-Sakini: There is no reason to fear Trump’s return to the White House

Al-Sakini: There is no reason to fear Trump’s return to the White House

1-30-2025

Information/Baghdad…
Member of the State of Law Coalition Ibrahim Al-Sakini confirmed that there is a great exaggeration of Trump’s personality, statements and threats to the world, pointing out that there is no justification for fear Read more…

Al-Sudani: Economic reforms opened the way for Egyptian companies to operate in Iraq

Al-Sudani: Economic reforms opened the way for Egyptian companies to operate in Iraq

2025-01-30 06:23

Shafaq News/ Prime Minister Mohammed Shia al-Sudani confirmed on Thursday that the economic reforms in all their dimensions have opened the way for Egyptian companies to operate in Iraq.

Al-Sudani said, during his speech at the Iraqi-Egyptian Economic Forum, in the presence of Read more…

Agreement on the government’s version.. Parliament passes the budget amendments on Sunday

Agreement on the government’s version.. Parliament passes the budget amendments on Sunday

2025-01-30 05:30

Shafaq News/ The media department of the House of Representatives published, on Thursday, the parliament’s agenda for its next session on Sunday, which included voting on the first amendment to the budget law. According to an informed source, the political blocs agreed to pass Read more…

Finance Minister stresses Iraq’s keenness to strengthen economic relations with Japan

Finance Minister stresses Iraq’s keenness to strengthen economic relations with Japan

2025-01-30

Finance Minister Taif Sami stressed Iraq’s keenness to strengthen economic relations with Japan.

A statement by the Ministry of Finance stated: “Sami received, today, Thursday, at the ministry’s headquarters, the new Japanese ambassador to Iraq, Akira Endo, and during the meeting, ways to Read more…

Iraqi Dinar Guru opinions 1-29-2025

Iraqi Dinar Guru opinions 1-29-2025

1-29-2025 Intel Guru Frank26 If you were the board of BP [British Petroleum] and you were about to sign a massive oil deal with Iraq…Are you seriously going to sign it at 1310? You’ve never signed it before. Show me something you’ve signed in the last 20-30 years with Iraq’s Oil Company. No they got their own oil company don’t they. BP, why out of nowhere? …On the 1st of February? …If we go past February the 1st and BP sill hasn’t signed it, what does that tell you? There’s a new exchange rate and they’re waiting for it. If the new exchange rate comes out before February 1st, yeah they’ll sign! Read more…

Foreign currency sale results for Wednesday 1/29/2025

Foreign currency sale results for Wednesday 1/29/2025

Foreign currency sale results for Wednesday 1/29/2025

the details Read more…

Prime Minister: World Bank is an important partner in reform processes

Prime Minister: World Bank is an important partner in reform processes

01/29/2025

Prime Minister Mohammed Shia al-Sudani considered the World Bank an important partner in the reform process.

This came during his reception yesterday, Tuesday, of the World Bank Vice President for the Middle East and North Africa, Read more…

Iraqi Business Council: Budget deficit threatens salaries, Central Bank delegation to visit Washington soon

Iraqi Business Council: Budget deficit threatens salaries, Central Bank delegation to visit Washington soon

2025/01/29

The head of the Iraqi Business Council, Dawood Abdul Zayer, considered the continued budget deficit a “great danger” to salaries, while revealing an upcoming visit by the Central Bank of Iraq to Washington to discuss important issues.

Abdul Zayer said, during his hosting on the {Free Talk} program Read more…

Energy expert calls for Iraq to be freed from OPEC deal as oil prices fall

Energy expert calls for Iraq to be freed from OPEC deal as oil prices fall

2025/01/29

Energy expert, Nabil Al Marsomi, called for Iraq to be freed from the OPEC agreement with the decline in oil prices.

Al-Marsoumi said, during his appearance on the {Free Talk} program broadcast by Al-Furat satellite channel this evening, that: “Iraq is still suffering from a single income, as 89% of its revenues depend on oil, despite achieving partial development Read more…

Expert warns against changing the exchange rate: A bigger mistake than the last adjustment

Expert warns against changing the exchange rate: A bigger mistake than the last adjustment

2025/01/29

Economic expert, Abdul Rahman Al Mashhadani, warned against changing the official exchange rate and returning it to 145 thousand dinars for every 100 dollars.

Al-Mashhadani told {Euphrates News}: “There is talk about the idea of ​​changing the official exchange rate and returning it to Read more…

Economist explains ways to end the financial conflict between Baghdad and Erbil

Economist explains ways to end the financial conflict between Baghdad and Erbil

1-29-2025

Information/Baghdad…
Economic expert Dr. Safwan Qusay explained the mechanism for ending the financial conflict between Baghdad and Erbil, pointing out the importance of linking revenue outlets to the federal government and organizing them with financial accounts linked to Read more…

Parliamentary Legal: Amending and passing the budget requires political consensus

Parliamentary Legal: Amending and passing the budget requires political consensus

1-29-2025

Information / Baghdad..
Member of the Parliamentary Legal Committee, MP Mohammed Anouz, confirmed on Wednesday that there is difficulty in passing the amendment to the budget law for the region’s oil, due to the presence of parliamentary objections from many MPs, most notably the Front of Read more…

Expert: Failure to stop oil smuggling puts us in serious economic dangers

Expert: Failure to stop oil smuggling puts us in serious economic dangers

1-29-2025

Information / Baghdad..
Oil expert Hamza Al-Jawahiri confirmed on Wednesday that the continuation of oil smuggling operations will put Iraq in front of serious economic risks by deducting its share of oil production determined by the Organization of the Petroleum Exporting Countries (OPEC).

Al-Jawahiri said in a statement Read more…

Iraqi Parliament: People in the Ministry of Electricity Obstructing Solar Energy Project

Iraqi Parliament: People in the Ministry of Electricity Obstructing Solar Energy Project

2025-01-29 00:31

Shafaq News/ The head of the Electricity and Energy Committee in the Iraqi parliament accused, on Wednesday, unnamed government employees of “obstructing” the implementation of the solar energy project launched by the Central Bank.

Mohammed Abdul Rabbah told Shafaq News Agency that there is a project called the “Central Bank Initiative” that aims to grant loans to Read more…

“Secret files” in Fidan’s visit to Baghdad.. What happened behind the scenes?

“Secret files” in Fidan’s visit to Baghdad.. What happened behind the scenes?

2025-01-29 04:40

Shafaq News/ An Iraqi government source revealed, on Wednesday, the most prominent files that were addressed by Turkish Foreign Minister Hakan Fidan’s visit to the country a few days ago, and were not presented in the media .

The source told Shafaq News Agency, “Fidan discussed with the Iraqi government Read more…

Between economic experts’ warnings and government denial, the value of the Iraqi dinar is at stake

Between economic experts’ warnings and government denial, the value of the Iraqi dinar is at stake

2025-01-29

An informed government source denied, on Tuesday (January 28, 2025), that the Iraqi government has any intention to reduce the value of the dinar against the dollar, despite rumors indicating upcoming measures to confront economic pressures and Read more…

Iraqi Dinar Guru opinions 1-28-2025

Iraqi Dinar Guru opinions 1-28-2025

1-28-2025 Newshound Guru Clare Article: “Iraq boosts financial stability with huge dollar and gold reserves in US, Europe” Quote: “A country that has huge reserves of hard currency is considered an economically stable country…The Central Bank of Iraq announced in 2024 that Iraq has a foreign currency reserve exceeding $100 billion…Iraq’s large reserves of hard currency, including gold, provide cover for the local currency and give it stability.” Read more…

Foreign currency sale results for Tuesday 1/28/2025

Foreign currency sale results for Tuesday 1/28/2025

Foreign currency sale results for Tuesday 1/28/2025

the details Read more…

“Iraq on the threshold of an economic renaissance”.. Al-Sudani’s advisor reveals plans for the next stage

“Iraq on the threshold of an economic renaissance”.. Al-Sudani’s advisor reveals plans for the next stage

2025-01-28 08:14

Shafaq News/ Mazhar Mohammed Saleh, the economic and financial advisor to Iraqi Prime Minister Mohammed Shia al-Sudani, revealed today, Tuesday, the expected economic situation of the country during the next stage.

Saleh told Shafaq News Agency, “Iraq has high economic capabilities, as it witnesses Read more…

Economist: Covering the 2025 budget deficit with domestic debt is a great risk

Economist: Covering the 2025 budget deficit with domestic debt is a great risk

1-28-2025

Information/Special..
Economic expert Nabil Al-Marsoumi warned, today, Tuesday, of the danger of covering the high financial deficit in the 2025 budget with internal debts.

Al-Marsoumi said in an interview with Al-Maalouma Agency, “The state’s public expenditures are constantly increasing, and therefore the budget Read more…