Iraq seeks to increase oil production to 7 million barrels per day within five years

Iraq seeks to increase oil production to 7 million barrels per day within five years

2025-01-28 00:03

Shafaq News/ The Undersecretary of the Ministry of Oil, Ali Maaraj, said on Tuesday that the ministry aims to increase oil production to about 7 million barrels per day over the next five years.

In his speech during the “Iraq Energy” conference, Maaraj added that the most important basic objectives Read more…

Fouad Hussein: We did not receive any threats from Trump and our relationship with Britain is historic

Fouad Hussein: We did not receive any threats from Trump and our relationship with Britain is historic

2025-01-28

Shafaq News/ Iraqi Foreign Minister Fuad Hussein denied on Monday the existence of threats by US President Donald Trump against the Iraqi regime.

“We have not heard any threats from the new US administration towards Iraq,” Hussein said during Read more…

MP on amending the budget law: It has become “controversial” and difficult to pass

MP on amending the budget law: It has become “controversial” and difficult to pass

2025-01-28 01:02

Shafaq News/ The Iraqi parliament member, Kazem Al-Fayyadh, confirmed today, Tuesday, that there is a real difficulty in passing the amendment to the budget law, describing the amendment as “controversial.”

Al-Fayadh told Shafaq News Agency, “There is a major division within the House Read more…

Iranian Parliamentary Figures Call for Zarif’s Removal After His Insolent Remarks at Davos Forum

Iranian Parliamentary Figures Call for Zarif’s Removal After His Insolent Remarks at Davos Forum

2025-01-28

Parliamentary figures have accused Iran’s Vice President for Strategic Affairs Mohammad Javad Zarif of being a close friend of George Soros and Joe Biden, and that his statements in Davos are contrary to Iran’s national interests, as criticism of the Iranian government’s foreign policy Read more…

Prime Minister discusses development projects and maximizing non-oil economy with World Bank

Prime Minister discusses development projects and maximizing non-oil economy with World Bank

2025-01-28

Prime Minister Mohammed Shia Al-Sudani met today, Tuesday, with the World Bank Vice President for the Middle East and North Africa, Osman Dayon, where they discussed ways of cooperation between Iraq and the World Bank, and the progress of development projects in Iraq. Al-Sudani indicated, according to Read more…

Tomorrow, the Egyptian Prime Minister will be in Baghdad to sign 11 memoranda of understanding between the two countries

Tomorrow, the Egyptian Prime Minister will be in Baghdad to sign 11 memoranda of understanding between the two countries

2025-01-28

Prime Minister Mohammed Shia al-Sudani will receive his Egyptian counterpart Mustafa Madbouly tomorrow, Wednesday, to chair the Higher Committee between the two countries. According to the official newspaper, “this came at a time when the meetings of the third session of Read more…

Iraqi Dinar Guru opinions 1-27-2025

Iraqi Dinar Guru opinions 1-27-2025

1-27-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television news reporting there is a liquidity issue, that more than 70% of Iraqi citizens are still hoarding their 3 zero notes and many are not bringing them to the bank. Read more…

Foreign currency sale results for Monday 1/27/2025

Foreign currency sale results for Monday 1/27/2025

Foreign currency sale results for Monday 1/27/2025

the details Read more…

Politician: Kurdistan has not handed over oil revenues and ports to the center for 20 years

Politician: Kurdistan has not handed over oil revenues and ports to the center for 20 years

1-27-2025

Al-Maalouma/ Anbar..
The leader of the United Anbar Alliance, Ahmed Al-Dhari, confirmed today, Monday, that the Kurdistan Regional Government has not handed over the oil revenues and border crossings to the central government for more than 20 years, despite its commitment to paying Read more…

Parliamentary Finance: Revenues worth 4 trillion dinars from the region are not officially confirmed

Parliamentary Finance: Revenues worth 4 trillion dinars from the region are not officially confirmed

1-27-2025

Information / Baghdad..
Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, confirmed today, Monday, that there are revenues worth 4 trillion dinars from the region that are not officially proven and require urgent government Read more…

Parliamentary Wealth Reveals Reasons for Failure to Legislate Oil and Gas Law

Parliamentary Wealth Reveals Reasons for Failure to Legislate Oil and Gas Law

1-27-2025

Information / Baghdad..
The Parliamentary Oil and Resources Committee revealed, today, Monday, the reasons for the failure of the legislation of the Oil and Gas Law within the House of Representatives.

Committee member Kazem Al-Tawki said in a statement to Al-Maalouma Agency, “The delay in enacting the oil and gas law is due to Read more…

Article 140 is close to resolving the transactions of deportees and arrivals in Kirkuk

Article 140 is close to resolving the transactions of deportees and arrivals in Kirkuk

2025-01-27 03:19

Shafaq News/ The Article 140 Committee in Kirkuk announced on Monday that there are approximately 2,500 deportees and 2,000 expatriates whose financial dues allocated by Baghdad are being disbursed by the committee, while it confirmed that the government is paying attention to resolving these files by allocating Read more…

‘Green light’ for California to secede from US

‘Green light’ for California to secede from US

2025-01-27 05:18

Shafaq News/ The Independent newspaper reported on Monday that supporters of California’s secession from the United States of America have received the green light to take the next steps towards “California’s exit” or what has become known as Calexit.

According to the British newspaper, the residents of the US state of California can Read more…

Iraq boosts financial stability with huge dollar and gold reserves in US, Europe

Iraq boosts financial stability with huge dollar and gold reserves in US, Europe

2025-01-27 01:04

Shafaq News/ A country that has huge reserves of hard currency is considered an economically stable country that can intervene at any time to address imbalances in the balance of payments structure. It also provides an important element in establishing the country’s creditworthiness, enhances the country’s credit rating in international transactions, and provides Read more…

Al-Sudani sponsors a memorandum of understanding between the Iraqi Securities and the Abu Dhabi Market

Al-Sudani sponsors a memorandum of understanding between the Iraqi Securities and the Abu Dhabi Market

2025-01-27 01:46

Shafaq News/ On Monday, the Prime Minister of the Federal Council, Mohammed Shia Al-Sudani, sponsored the signing ceremony of a memorandum of understanding between the Iraqi Securities Commission and the Abu Dhabi Securities Market.

His media office said in a statement Read more…

Coordination Framework: No enmity with Trump and America, but we are friends

Coordination Framework: No enmity with Trump and America, but we are friends

2025-01-27 00:52

Shafaq News/ The Coordination Framework, which brings together the Shiite political forces forming the government of Mohammed Shia al-Sudani, confirmed on Monday that it is not afraid of the new US President, Donald Trump, regarding imposing any sanctions on Iraq during the next stage.

The framework’s representative, Ali Nima, told Shafaq News Agency, “The framework has no fears of Trump, and Read more…

Al-Sudani: Economic reforms have raised the level of foreign investments in Iraq

Al-Sudani: Economic reforms have raised the level of foreign investments in Iraq

2025-01-27

Prime Minister Mohammed Shia Al-Sudani confirmed Sunday (January 26, 2025), that the government has made significant progress in various aspects of economic reform and digital commercial and banking transformation, indicating that economic reforms have been able to raise the level of foreign investment in Iraq.

Al-Sudani’s media office said in a statement that the latter “received the Chairman of the US-Iraq Business Council, Vice President of the US Chamber of Commerce Read more…

Iraqi Dinar Guru opinions 1-26-2025

Iraqi Dinar Guru opinions 1-26-2025

1-26-2025 Newshound Guru Militia Man This article is March 14, 2023…It says time to get back to the previous era. What are they talking about? What was the value of Iraq’s dinar in the previous era? In 1987…the price of 1 dinar was $3.30…I’m not saying a date or rate. I’m just…giving you an example of what they were like in a previous era…They told us ‘the glory days’, ‘the previous era’. Remember what al-Sudani said? He didn’t say a time specific about when the dinar was going to be stronger than the dollar, he just said that it was and he told his citizens to be careful…It’s all coming full circle. Read more…

Governor of the Central Bank of Iraq meets an official delegation from the United States

Governor of the Central Bank of Iraq meets an official delegation from the United States

January 26, 2025

Governor of the Central Bank of Iraq meets an official delegation from the United States
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received Mr. Steve Lutes, Vice President of the US Chamber of Commerce and Chairman of the US-Iraq Business Council, and his accompanying delegation in Baghdad.
During the meeting, they discussed banking and economic Read more…

“Trapped in government drawers” Parliament calls to expedite the enactment of the oil and gas law

“Trapped in government drawers” Parliament calls to expedite the enactment of the oil and gas law

1-26-2025

Information / Baghdad..
Member of the Parliamentary Energy Committee, Dahel Radhi, called today, Sunday, to expedite the legislation of the oil and gas law before the end of the current parliamentary session.

Radhi told Al-Maalouma Agency, “The oil and gas law is part of the government Read more…