What is holding up the passage of the oil and gas law so far?

What is holding up the passage of the oil and gas law so far?

12-31-2024

Information / Special..
Member of the Parliamentary Oil and Gas Committee, Alaa Al-Haidari, confirmed today, Tuesday, that there is difficulty in approving the oil and gas law due to the absence of a political agreement and the Kurdistan Regional Government’s failure to abide by the agreements concluded Read more…

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

2024-12-31 03:40

Shafaq News/ The Supreme Judicial Council announced on Tuesday the recovery of 12 billion Iraqi dinars from one of the companies violating the currency market in Baghdad.

The judiciary media said in a statement seen by Shafaq News Agency, “The Second Karkh Investigation Court recovered today an amount of 12 billion Iraqi dinars Read more…

“We have fully fulfilled our obligations.” Masrour Barzani holds Baghdad responsible for delaying salaries of the region’s employees

“We have fully fulfilled our obligations.” Masrour Barzani holds Baghdad responsible for delaying salaries of the region’s employees

2024-12-31 04:35

Shafaq News/ On Tuesday, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, held the federal government responsible for delaying the salaries of the region’s employees, stressing that the regional government has fulfilled all its obligations in this regard, while also touching on Read more…

Russia accuses Biden administration of ’emptying’ US taxpayers’ pockets to aid Ukraine

Russia accuses Biden administration of ’emptying’ US taxpayers’ pockets to aid Ukraine

2024-12-31

Shafaq News/ The Russian embassy in Washington accused the outgoing administration of US President Joe Biden of seeking to empty the pockets of US taxpayers in order to continue providing aid to Ukraine.

“The next package of military and financial aid to the Kiev regime announced by the White House, worth billions of dollars, is attracting attention. As the departure Read more…

Iraq announces implementation of “automation” system at its border crossings

Iraq announces implementation of “automation” system at its border crossings

2024-12-31 05:27

Shafaq News / The Prime Minister’s Media Office announced on Tuesday the completion of the infrastructure to link all border crossings, by starting to use the automation system to facilitate the entry of goods.

The office said in a statement received by Shafaq News Agency, ” In implementation of the directives of Prime Minister Mohammed Shia Al-Sudani, Read more…

Iraqi Dinar Guru opinions 12-30-2024

Iraqi Dinar Guru opinions 12-30-2024

12-30-2024 Newshound Guru Militia Man Article: “The Central Bank of Iraq pursuant to its law 56 of 2004 as amended is responsible for determining the categories of Iraqi banknotes paper and metal, their measurements and their shapes, printing paper notes and minting metal coins.” What’s not normal about this…is they don’t have any coins. They don’t have any metals. Why are they talking about it now, today? That’s powerful…If that ‘mechanism’ is now changed as Saleh says, that mechanism means there’s going to have to be significant change…That means the value of the exchange rate is going to change. You don’t need coins at an exchange rate of 1310. It doesn’t work that way. The value has to be there. Read more…

Iraqi Dinar/US Dollar auction results for today 12-30-2024

Iraqi Dinar/US Dollar auction results for today 12-30-2024

Foreign exchange window results for Monday 12/30/2024
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Wasting public money and a budget of millions to polish the government’s image

Wasting public money and a budget of millions to polish the government’s image

12-30-2024

Information/ Special
In light of the economic and political crises that Iraq is experiencing, questions are increasing about the government’s priorities in managing public resources. Recent reports indicate the continuation of financial support in the amount of five million Iraqi dinars, allocated by the office of Prime Minister Mohammed Shia al-Sudani Read more…

The Central Bank announces the positive indicators achieved during the third quarter of 2024

The Central Bank announces the positive indicators achieved during the third quarter of 2024

12/30/2024

The Central Bank of Iraq announced, yesterday, Sunday, the positive indicators achieved in the third quarter of 2024. A statement by the bank, received by “Al-Sabah”, stated that “the total deposits in banks operating in Iraq recorded a growth Read more…

Ministry of Finance denies any shortage in cash liquidity

Ministry of Finance denies any shortage in cash liquidity

12-30-2024

Information/Baghdad…
The Ministry of Finance denied, on Sunday, the existence of a shortage in liquidity to finance employees’ salaries for the current month, stressing its commitment to financing salaries.

The ministry said in a statement received by / Al-Maalouma /, “The information circulating on social media, which claims Read more…

Al-Eidani: The development project will be handed over to international companies

Al-Eidani: The development project will be handed over to international companies

12-30-2024

Information/ Baghdad..
Member of the Parliamentary Transport and Communications Committee, Ghassan Al-Eidani, revealed today, Monday, that the economic development project will be handed over to international companies.

Al-Eidani said in a statement to Al-Maalouma Agency, “Iraq is moving towards investment towards the path of development,” indicating that “global companies Read more…

Political movement: America imposes its guardianship over Iraq and prevents it from being supplied with weapons

Political movement: America imposes its guardianship over Iraq and prevents it from being supplied with weapons

12-30-2024

Information/Baghdad…
The head of the Wujoud Movement, Muhammad Abu Sa’ida, confirmed that America considers Iraq a country under its guardianship and prevents it from obtaining weapons from some countries, with the aim of keeping it Read more…

With the beginning of the new year, the US dollar enters a new phase in Iraq

With the beginning of the new year, the US dollar enters a new phase in Iraq

2024-12-30

Shafaq News/ US dollar dealers in Iraq are awaiting the arrival of the new year 2025, which is now approaching and will end the work of the electronic platform for monitoring the movement and transfer of currencies outside the country, according to what the Central Bank of Iraq announced.

Financial and banking experts consider the suspension of the dollar selling platform Read more…

Iraqi Ports Announces Total 2024 Revenues, Completion Rates of the “Submerged Tunnel” and the Navigation Canal

Iraqi Ports Announces Total 2024 Revenues, Completion Rates of the “Submerged Tunnel” and the Navigation Canal

2024-12-30 04:17

Shafaq News/ The Director General of the Iraqi Ports Company, Farhan Al-Fartousi, announced on Monday the company’s total revenues during the year 2024, and the completion rates of a number of projects.

Al-Fartousi said during a press conference attended by Shafaq News Agency correspondent, “The company’s total revenues amounted to more than Read more…

Al-Mashhadani hints at postponing the Iraqi elections and reveals a request from Trump to Al-Sudani regarding the “weapon of the factions”

Al-Mashhadani hints at postponing the Iraqi elections and reveals a request from Trump to Al-Sudani regarding the “weapon of the factions”

2024-12-30 00:38

Shafaq News/ The Speaker of the Iraqi Parliament, Mahmoud Al-Mashhadani, said on Monday that the Iraqi parliamentary elections may be postponed in the event of an emergency.

Al-Mashhadani added in an interview with Al-Hadath channel, which was followed by Shafaq News Agency, that “the parliamentary elections will be held on time if Read more…

The Central Bank of Iraq issues a decision to increase dollar financing for banks and companies for travel purposes

The Central Bank of Iraq issues a decision to increase dollar financing for banks and companies for travel purposes

2024-12-30

The Central Bank of Iraq has decided to increase the dollar financing for banks and companies for the purpose of travel in order to avoid increased demand and prevent the dollar from rising. A document issued by the Issuance and Treasury Read more…

Iraqi Dinar Guru opinions 12-29-2024

Iraqi Dinar Guru opinions 12-29-2024

12-29-2024 Intel Guru Frank26 This is extremely important you understand this. It is projected at the end of this month on the 31st that the auctions will come to an end. Therefor the next day the citizens of Iraq will be looking for something to use. They will demand a dollar because that’s all they know and they will be rejected. The demand for the dollar will increase. The black market value will increase for the dollar (which is not official, which has no meaning, no value to the CBI). But for at least maybe until the 7th. Why? Because on the 7th Sudani has ordered parliament to finish and sign off everything on the budget. If not he’ll take care of it…One week of bubble. That makes sense. I like it. Read more…

Iraqi Dinar/US Dollar auction results for today 12-29-2024

Iraqi Dinar/US Dollar auction results for today 12-29-2024

Foreign currency sales window results for Sunday 12/29/2024
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Expert: Central Bank decisions threaten banking sector and stability of national economy

Expert: Central Bank decisions threaten banking sector and stability of national economy

12-29-2024

Information / Baghdad..
Researcher and specialist in financial and banking affairs, Mustafa Hantoush, confirmed today, Monday, that the decisions of the Central Bank threaten the banking sector and the stability of the national economy.

Hantoush said in a statement to Al-Maalouma Agency that “the recent decisions of the Central Bank of Iraq, which included stopping the financial transfer platform Read more…

Parliamentary move towards the Central Bank regarding the dollar exchange rate

Parliamentary move towards the Central Bank regarding the dollar exchange rate

12-29-2024

Information / Baghdad..
The Parliamentary Finance Committee threatened, on Sunday, to host the governor of the Central Bank if the exchange rate continues Read more…