Parliamentary Security: Reducing the impact of currency counterfeiting in Iraq by 70%

Parliamentary Security: Reducing the impact of currency counterfeiting in Iraq by 70%

1-24-2025

Information/Baghdad
The Parliamentary Security and Defense Committee confirmed, on Friday, that the impact of currency counterfeiting operations in Iraq has been reduced by 70%, noting the success of security plans in uncovering the most prominent networks Read more…

Iraqi Electricity announces completion of 75% of the Gulf power grid connection project

Iraqi Electricity announces completion of 75% of the Gulf power grid connection project

2025-01-24 01:21

Shafaq News/ The Iraqi Ministry of Electricity announced on Friday that 75% of the stages of the Gulf interconnection project to supply the country with energy have been completed.

The ministry stated in a statement received Read more…

Trump orders transfer of transgender detainees to men’s prison

Trump orders transfer of transgender detainees to men’s prison

2025-01-24 04:10

Shafaq News/ The US federal prisons announced that they received an order from President Donald Trump to transfer transgender women to serve their sentences in men’s prisons.

The New York Times reported that the document was part of a sweeping executive order that Trump issued on his first day Read more…

A large fire broke out at an oil refinery in southern Iraq, and firefighters are struggling to contain it (update)

A large fire broke out at an oil refinery in southern Iraq, and firefighters are struggling to contain it (update)

2025-01-24 03:41

Shafaq News/ A source in the Rumaila oil field in southern Iraq reported on Friday that a large fire broke out in one of the refineries, injuring six workers with varying injuries, while firefighting teams are struggling to control the flames.

The source told Shafaq News Agency, “Six workers in the refinery were Read more…

Central Bank of Iraq sales expected to rise to nearly $500 million per day

Central Bank of Iraq sales expected to rise to nearly $500 million per day

2025-01-24

Shafaq News/ The “Iraq Al-Mustaqbal” Foundation for Economic Studies and Consultations expected, on Friday, that the daily sales of the Central Bank would reach nearly 500 million dollars in light of the increase in the size of government spending.

The head of the institution, Munar Al-Obaidi, said in a report published today Read more…

Baghdad responds to the region regarding the budget amendment

Baghdad responds to the region regarding the budget amendment

2025-01-24

The federal government denied Thursday, January 23, 2025, what was announced by the spokesman for the Kurdistan Regional Government, regarding submitting a proposal contrary to the amendment of the Council of Ministers in the financial budget law to the House of Representatives.

Government spokesman Bassem Al-Awadi said in a statement, “Based on Read more…

Iraqi Dinar Guru opinions 1-23-2025

Iraqi Dinar Guru opinions 1-23-2025

1-23-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI on TV news saying new banknotes will circulate with the existing ones and there are no plans to pull the older notes. They will coexist. Then they talked about the new security features on the new bank notes that are coming out. They are preparing us to give us the new small category notes… FRANK: IMO those 3 zero notes will be exactly like the new small category notes minus the zeros and instead of a 25 IMO it’ll be a 20. Read more…

Foreign currency sale results for Thursday 1/23/2025

Foreign currency sale results for Thursday 1/23/2025

Foreign currency sale results for Thursday 1/23/2025

the details Read more…

Iraq receives three modern boats to enhance the capabilities of the naval forces

Iraq receives three modern boats to enhance the capabilities of the naval forces

2025-01-23 07:59

Shafaq News/ An informed source reported on Thursday that three modern Korean-made boats arrived at Umm Qasr Port to enhance the capabilities of the naval forces with the aim of securing the Iraqi coasts.

The source told Shafaq News Agency, “In the context of enhancing the capabilities of the Navy, three modern SAT55 boats, Read more…

3415 personnel trained to combat money laundering

3415 personnel trained to combat money laundering

1-23-2025

Information/Baghdad…
The Central Bank of Iraq announced the training of (3415) personnel within the measures to combat money laundering and terrorist financing.

The representative of the Anti-Money Laundering and Combating the Financing of Terrorism Office at the Central Bank, Hussein Al-Maqram, stated Read more…

Al-Akeili: Iraq faces a challenge in light of America’s control over its economy

Al-Akeili: Iraq faces a challenge in light of America’s control over its economy

1-23-2025

Information/Baghdad…
Political analyst Sabah Al-Akeili said on Thursday that Iraq is facing a real challenge in light of America’s control over its economy and its arms projects with other countries, noting that America is pushing towards keeping Iraq Read more…

We are proceeding with his dismissal.. State of Law: Al-Mashhadani faces charges of perjury

We are proceeding with his dismissal.. State of Law: Al-Mashhadani faces charges of perjury

1-23-2025

Information / Baghdad..
Today, Thursday, Faisal Al-Naili, a representative of the State of Law parliamentary bloc, accused the Speaker of the House of Representatives, Mahmoud Al-Mashhadani, of perjury.

Al-Naili said in a statement to Al-Maalouma Agency, “The controversial laws were voted on without a legal quorum,” indicating that “the Speaker Read more…

Kremlin responds to Trump’s sanctions threats: We are ready for dialogue

Kremlin responds to Trump’s sanctions threats: We are ready for dialogue

2025-01-23 06:09

Shafaq News/ The Russian presidency (the Kremlin) responded, on Thursday, to the recent statements of US President Donald Trump regarding the war in Ukraine and his threats to impose new sanctions on Russia. Read more…

Al-Sudani calls on the Arab Monetary Fund to support Iraqi projects

Al-Sudani calls on the Arab Monetary Fund to support Iraqi projects

2025-01-23 01:14

Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia al-Sudani expressed his government’s aspiration for more cooperation with the Arab Monetary Fund through its contribution to financing the reconstruction and development campaign, especially in the field Read more…

Iraq’s oil exports exceed 100 million barrels in a month

Iraq’s oil exports exceed 100 million barrels in a month

2025-01-23 04:06

Shafaq News/ The Ministry of Oil announced, on Thursday, the total oil exports achieved for the month of December 2024, which exceeded 100 million barrels of crude.

According to the statistics issued by the State Oil Marketing Company (SOMO) and published by the Ministry in a statement today, Read more…

Parliamentary Finance Committee hosts Al-Alaq: We reject the mechanism of selling real estate through banks

Parliamentary Finance Committee hosts Al-Alaq: We reject the mechanism of selling real estate through banks

2025-01-23 03:38

Shafaq News/ Member of the Parliamentary Finance Committee, Mahasen Hamdoun, announced on Thursday that she will host the Governor of the Central Bank of Iraq, Mohsen Al-Alaq, to ​​discuss the decision to buy and sell real estate through banks.

Hamdoun told Shafak News Agency that the committee will host the governor Read more…

President of the Republic from Davos: Iraq is working to enhance the role of investment and the private sector

President of the Republic from Davos: Iraq is working to enhance the role of investment and the private sector

2025-01-23 06:25

Shafaq News/ President of the Republic Abdul Latif Jamal Rashid stressed on Thursday, during his meeting with the President of the World Economic Forum, that Iraq is working to enhance the role of investment and the private sector through legislative and executive facilities.

The media office of the President of the Republic said in a statement Read more…

“Wide criticism of the Central Bank’s reforms: The impact of the gap between official and parallel prices on the Iraqi economy”

“Wide criticism of the Central Bank’s reforms: The impact of the gap between official and parallel prices on the Iraqi economy”

1-23-2025

Researcher Shaza Khalil*
In recent years, Iraq has witnessed major changes in its currency management system, mainly centered around the introduction of a new platform by the Central Bank to regulate the sale of the US dollar. However, despite these reforms, experts have expressed concerns about the effectiveness of these changes, especially Read more…

Bin Salman confirms to Trump the Kingdom’s desire to expand its investments with the United States to $600 billion

Bin Salman confirms to Trump the Kingdom’s desire to expand its investments with the United States to $600 billion

2025-01-23

Saudi Crown Prince Mohammed bin Salman made a phone call to US President Donald Trump on Wednesday evening, stressing the Kingdom’s desire to expand its investments and trade relations with Washington.

The Saudi Press Agency (SPA) reported that Prince Mohammed bin Salman conveyed, during the call, the congratulations of the Saudi King Salman Read more…

Iraqi Dinar Guru opinions 1-22-2025

Iraqi Dinar Guru opinions 1-22-2025

1-22-2025 Newshound/Intel Guru Mnt Goat Article: “IRAQ ISSUES NEW BANKNOTES WITH INNOVATIVE SECURITY FEATURES FOR THE VISUALLY IMPAIRED…PHOTOS” These new versions of the three zero notes should not worry you…I will emphasize once again the CBI has told us many times in the past that these three zero notes are not going away for sometime even after the Project to Delete the Three Zeros is completed…Iraq will eventually be using dinar widely to pay for imports. Where are they going to get all this cash to pay for very large sums/costs of imported goods? As time passes much of these transactions will be electronic, but not yet. …The banks would still need the larger three zero notes. Read more…