Soon.. A delegation from the Central Bank of Iraq will visit Washington
1-26-2025
The Central Bank of Iraq revealed, today, Sunday, an expected visit by a delegation to Washington next April.
According to a statement issued by the bank Read more…
Al-Sudani calls on American companies to participate in the “development renaissance” in Iraq
2025-01-26 06:44
Shafaq News/ Prime Minister Mohammed Shia al-Sudani called on Sunday on American companies to participate in the “development renaissance” that Iraq is witnessing, stressing that the investment environment in the country is “attractive and business-friendly.”
Al-Sudani’s media office stated Read more…
Algerian: Call for an emergency parliamentary session to address oil smuggling from the region immediately
1-26-2025
Information / Special..
Today, Sunday, the member of the Coordination Framework, Abdul Rahman Al-Jazaery, called for holding an emergency session of the House of Representatives to discuss the issue of oil smuggling from the region, which he described as directly affecting the country’s economy and posing a serious threat Read more…
MP: Sending budget tables is linked to amending the article related to regional oil
1-26-2025
Information / Baghdad..
Former member of the Finance Committee, Abdul Hadi Al-Saadawi, confirmed on Sunday that the approval of the budget schedules for the current year is linked to the approval of the amendment sent by the government regarding Article 12 of the budget for Read more…
Business Insider: Iraq is a complex test for Trump to exert influence in the region
1-26-2025
Information/Translation..
A report by the American newspaper Business Insider confirmed, on Sunday, that the confusing situation in the region as a result of the American-backed wars and conflicts has made Iraq a difficult tool and a complex test for the upcoming Trump administration and the exercise of American Read more…
Al-Harki: One law can solve the Kurdistan oil problem radically
1-26-2025
Information/Special..
Kurdish politician Ahmed Al-Harki confirmed today, Sunday, that the failure to legislate the oil and gas law makes the oil disputes between Baghdad and Erbil and opens the door to foreign interventions.
Al-Harki said in an interview with Al-Maalouma Agency, “The sharp differences and mutual accusations regarding the Kurdistan Region’s oil file are mainly due to Read more…
Nineveh calls for lifting the ban imposed on it regarding dealing in dollars
2025-01-26 04:30
Shafaq News/ The local government in Nineveh called on the Central Bank of Iraq on Sunday to lift the ban imposed on the province regarding dealing in dollars in money transfers and obtaining its share of the US currency.
Nineveh Provincial Council member, Mohammed Ahris, told Shafaq News Agency, “The ban imposed on financial activities Read more…
Iranian Toman Continues to Fall Against US Dollar
2025-01-26
Shafaq News/ The Iranian toman fell again on Sunday, and the price of one US dollar in the Iranian market exceeded 84,000 tomans and reached Read more…
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Central Bank of Iraq announces support for US investment opportunities
2025-01-26 03:33
Shafaq News/ The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received on Sunday an official delegation from the United States headed by Steve Lutes, Vice President of the American Chamber of Commerce and President of the US-Iraq Business Council, in the capital, Baghdad.
A statement issued by the bank’s media, received by Shafaq News Agency, stated that the meeting discussed strengthening banking and economic relations Read more…
Al-Sudani briefs the commander of the international coalition on developments in controlling the Iraqi borders
2025-01-26 01:21
Shafaq News/ On Sunday, Iraqi Prime Minister Mohammed Shia al-Sudani briefed the commander of the international coalition forces against ISIS in Iraq and Syria, General Kevin Leahy, on the latest developments in the border file and its security.
This came during Al-Sudani’s reception of Al-Lehi in Baghdad, in the presence of the US Chargé d’Affaires in Iraq, Read more…
Iraqi Dinar Guru opinions 1-25-2025
1-25-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sammy says next Tuesday the appeal will be held by the judge on the three laws that have been passed…Several appealed saying it was unconstitutional. So the budget table set in limbo until that is cleared. We do believe once it is cleared then they can be given to parliament for the vote that we are waiting for. FRANK: Parliament is using every inch of the clip they are standing on and soon they will have no choice but to tell you citizens the truth. There are no more choices for them except to pass these laws. Read more…
Parliamentary Finance: The government must expedite sending the 2025 budget tables
1-25-2025
Information / Baghdad..
Today, Saturday, the Parliamentary Finance Committee called on the government to expedite sending the 2025 budget schedule, warning against delaying sending the schedules to Parliament.
Committee member Moeen Al-Kazemi said in a statement to Al-Maalouma Agency, “The 2025 budget schedules do not take a long time, considering that Read more…
US freezes all aid except Israel and Egypt
2025-01-25 03:43
Shafaq News/ US Secretary of State Marco Rubio ordered the suspension of almost all US foreign aid, with the exception of funding for Israel and Egypt, according to an internal memo.
An internal memo to employees, published by Agence France-Presse, stated that no new funding may be committed to any entity or any existing funding Read more…
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Kirkuk oil on the cusp of a major boom with British BP
2025-01-25 05:27
Shafaq News/ The administrative and financial assistant to the governor of Kirkuk, Jaafar Abbas Karim, revealed on Saturday new details regarding the contract between the Iraqi Ministry of Oil and the British company BP , while stressing that the cooperation will contribute to developing the North Oil Company and increasing Read more…
More than a billion dollars in sales from the Central Bank of Iraq during the week
2025-01-25 04:43
Shafaq News/ The total sales of hard currency in US dollars by the Central Bank of Iraq, which opened the auction last week, amounted to more than one billion dollars.
Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the 5 days in which the auction was opened, Read more…
100 million real estate decision puts the Central Bank Governor before the Iraqi Parliament
2025-01-25 06:25
Shafaq News/ The Coordination Framework MP, Ibtisam Al-Hilali, revealed on Saturday that there is a move to host the Governor of the Central Bank, Ali Al-Alaq, in the House of Representatives, against the backdrop of the latter’s decision to set 100 million dinars as a minimum for Read more…
With “important” meetings, Baghdad plays the role of mediator to resolve internal and regional disputes
2025-01-25 03:27
Shafaq News/ Informed sources stated on Saturday that the Iraqi capital, Baghdad, will play the role of mediator to settle internal disputes between the federal government and the Kurdistan Regional Government, in addition to other regional disputes, in meetings scheduled to be held Read more…
An economist shows the monthly government spending and its impact on the rise of the dollar
2025-01-25
Economic expert Munar Al-Obaidi revealed Friday: “The average monthly spending of the Iraqi government in 2024 amounted to about 12 trillion dinars,” noting that: “Adding the loans and advances obtained by government agencies and ministries, which are estimated at about 2 trillion dinars per month, raises the total government spending to 14 trillion dinars Read more…
Cyber Security warns citizens of a fraudulent website claiming to be linked to Rafidain Bank
2025-01-25
Today, Saturday (January 25, 2025), the Cyber Security Center monitored a fraudulent website claiming to be linked to Rafidain Bank.
The center said in a statement that “the fake website calls on those wishing to activate external withdrawals and raise the financial ceiling for withdrawals Read more…
Iraqi Dinar Guru opinions 1-24-2025
1-24-2025 Intel Guru Frank26 The whole thing falls on one thing – the amendment budget readings…If we’re waiting for a float or a basket, what is it that’s going to give us the float or the basket? The amendments…If they pass the amendment, all hell is going to break loose but this time in a good way! Read more…