Foreign currency sale results for Wednesday 1/22/2025

Foreign currency sale results for Wednesday 1/22/2025

Foreign currency sale results for Wednesday 1/22/2025

the details Read more…

Foreign dominance.. Iraqi banks retreat before Jordanian and Gulf influence

Foreign dominance.. Iraqi banks retreat before Jordanian and Gulf influence

1-22-2025

Information/Report..
In recent years, the role of Jordanian and Gulf banks has become prominent in Iraq, especially in the field of money transfers. Benefiting from wrong agreements, these banks were able to acquire the largest share of money transfer operations, becoming the main player in the dollar market.

Economists believe that this dominance has negative effects on the Iraqi economy, Read more…

MP: America imposed control of Arab banks over financial transfers to Iraq

MP: America imposed control of Arab banks over financial transfers to Iraq

1-22-2025

Information/Special..
Former MP Fawzi Akram Tarzi confirmed today, Wednesday, that Washington is imposing control over Arab and foreign banks over financial transfers in Iraq and the movement of the dollar in it in order to achieve Read more…

Al-Sudani: We are working to build a stable institutional relationship with Washington

Al-Sudani: We are working to build a stable institutional relationship with Washington

01/22/2025

President of the Republic Abdul Latif Jamal Rashid and Prime Minister Mohammed Shia Al-Sudani congratulated Donald Trump on the occasion of his swearing-in as President of the United States. A statement received by “Al-Sabah” stated that “the President of the Republic expressed in a post on the (X) application, “his wishes for President Trump to succeed and succeed Read more…

Foreign Ministry welcomes reclassification of Iraq as a security state and invites 8 countries

Foreign Ministry welcomes reclassification of Iraq as a security state and invites 8 countries

2025/01/22

The Ministry of Foreign Affairs welcomed, on Tuesday, the decision of the United Kingdom to reduce the security level classification in Iraq.

The ministry said in a statement received by {Euphrates News} a copy of it, “The Ministry of Foreign Affairs welcomes the decision of the United Kingdom to reclassify the security level in Iraq, and considers this step an important Read more…

Expert: 70% of Iraq’s remittances are controlled by Jordanian and Gulf banks

Expert: 70% of Iraq’s remittances are controlled by Jordanian and Gulf banks

1-22-2025

Information / Special..
Economic expert Ahmed Abdel Rabbo confirmed today, Wednesday, that Jordanian and Gulf banks control more than 70% of financial transfers in Iraq, noting that the dollar is delivered to only four Jordanian and Gulf companies.

Abdul Rabbo said in a statement to Al-Maalouma Agency, “Jordanian banks did not provide any real services to Iraq,” adding that “closing the dollar selling platform Read more…

Al-Sudani’s advisor: Iraq has become a safe environment for attracting foreign investments

Al-Sudani’s advisor: Iraq has become a safe environment for attracting foreign investments

1-22-2025

Information/Baghdad…
The financial advisor to the Prime Minister, Dr. Mazhar Mohammed Salih, confirmed that Iraq has become a safe environment for attracting foreign investments.

Saleh told the official newspaper that “moving to the red list is an indication of Read more…

Parliamentary Finance on Oil Revenues: Kurdistan Has Not Handed Over Anything to Baghdad

Parliamentary Finance on Oil Revenues: Kurdistan Has Not Handed Over Anything to Baghdad

1-22-2025

Information/Baghdad…
Member of the Finance Committee, Mustafa Al-Karawi, confirmed that the Kurdistan Region did not hand over any of the oil revenues to the central government in Baghdad.

Al-Karawi said in a televised interview followed by Al-Maalouma Agency, “The region is not committed to handing over non-oil revenues and Read more…

MP: We reject any decisions that harm exchange outlets due to their major economic role

MP: We reject any decisions that harm exchange outlets due to their major economic role

1-22-2025

Information/Baghdad…
MP Aref Al-Hamami revealed today, Wednesday, the mechanism that will be adopted in dealing with the exchange outlets in all governorates, stressing the importance of supporting these outlets that represent a source Read more…

MP: 100 signatures to dismiss Al-Mashhadani and Nour Zuhair will be released with amnesty without settlement

MP: 100 signatures to dismiss Al-Mashhadani and Nour Zuhair will be released with amnesty without settlement

1-22-2025

Information/Special..
MP Mukhtar al-Moussawi confirmed today, Tuesday, that he had collected more than 100 signatures to dismiss Parliament Speaker Mahmoud al-Mashhadani because he passed the general amnesty law without the approval of 80 percent of the representatives, pointing out that political blocs are seeking to Read more…

Trump withdraws protection from Bolton, confirms: Stupid “dawn of the Middle East”

Trump withdraws protection from Bolton, confirms: Stupid “dawn of the Middle East”

2025-01-22

Shafaq News/ US President Donald Trump decided to withdraw Secret Service protection from his former National Security Advisor John Bolton, holding him responsible for the war on Iraq in 2003.

Trump made his decision to withdraw protection from Bolton yesterday, Tuesday, within the first 24 hours Read more…

Parliamentary Integrity: The Ministry of Planning’s delay in announcing the results of the population census raises doubts about it

Parliamentary Integrity: The Ministry of Planning’s delay in announcing the results of the population census raises doubts about it

2025-01-22 05:27

Shafaq News/ Member of the Parliamentary Integrity Committee, Hamid Al-Shiblawi, revealed on Wednesday that the Ministry of Planning hosted the undersecretaries and general managers to discuss the delay in announcing the final results of the population census, in addition to the reconstruction fund projects in the governorates.

Al-Shiblawi told Shafaq News Agency, “The committee Read more…

Allawi attacks the “Civil Status and Amnesty” laws and criticizes the passage of laws in a “single basket”

Allawi attacks the “Civil Status and Amnesty” laws and criticizes the passage of laws in a “single basket”

2025-01-22 04:48

Shafaq News/ The Secretary-General of the National Accord Party, Iyad Allawi, criticized on Wednesday the passing of laws by the Iraqi parliament in “one basket”, while he objected to the laws amending the Personal Status Law and the General Amnesty, describing them as “a blow to Read more…

Prime Minister issues new directive on development road project

Prime Minister issues new directive on development road project

2025-01-22

Prime Minister Mohammed Shia Al-Sudani held the first regular meeting of the year for the Higher Committee for the Development Road Project today, Wednesday, in the presence of representatives of Oliver Wyman Company, which is concerned with providing consulting services for the Development Road Project. The meeting reviewed the latest procedures for the Development Road, discussed the latest Read more…

Introduction of prominent features on the new banknotes

Introduction of prominent features on the new banknotes

1-21-2025

Photos: Read more…

Iraqi Dinar Guru opinions 1-21-2025

Iraqi Dinar Guru opinions 1-21-2025

1-21-2025 Newshound Guru Militia Man Article: “The Kuwaiti dinar currently is the strongest currency in the world… 31 Kuwaiti dinars for every US dollar.” If you do the math it turns out to be about $3.22… Quote “It’s worth noting Kuwait has about 7% of the world’s oil reserves which greatly supports the value of the currency…According to 2023 data Iraq has significantly more oil reserves than Kuwait with Iraq holding approximately 145 billion barrels of oil compared to Kuwait’s 101.5 billion…” Iraq has 43% more oil than Kuwait. [Kuwait’s] currency is strongest in the world…Iraq has the ability to be at least 43% more valuable based off oil, let alone their non-oil revenues…Pretty exciting times! Read more…

Foreign currency sale results for Tuesday 1/21/2025

Foreign currency sale results for Tuesday 1/21/2025

Foreign currency sale results for Tuesday 1/21/2025

the details Read more…

The largest oil reserve was discovered in central Iraq

The largest oil reserve was discovered in central Iraq

2025/01/21

The Middle Oil Company, in cooperation with the Chinese company (EBS), announced the achievement of a major oil discovery in the East Baghdad South Field.
The company’s general manager, Mohammed Yassin Hassan, stated in a statement received by {Euphrates News} a copy of it that the main exploratory well testing operations in the East Baghdad field had achieved great success, Read more…

Transport: Additional plans to improve Faw Port facilities and open new berths

Transport: Additional plans to improve Faw Port facilities and open new berths

2025/01/21

The Ministry of Transport revealed, on Tuesday, the additional plans it has put in place to improve the facilities of the Grand Faw Port and expand its capabilities, indicating that receiving the five berths of the project represents a step towards actual entry into the global trade and transport routes that pass through Read more…

Hantoush: Electronic payment reduces the cost of paper currency and supports economic transparency

Hantoush: Electronic payment reduces the cost of paper currency and supports economic transparency

1-21-2025

Information / Baghdad..
Researcher and specialist in financial and banking Mustafa Hantoush confirmed today, Tuesday, that electronic payment reduces the costs of paper currency and supports economic transparency.

Hantoush said in a statement to Al-Maalouma Agency, “There are major developments in the electronic payment sector in Iraq,” noting that Read more…