The Central Bank of Iraq warns against fake companies for trading and investment

The Central Bank of Iraq warns against fake companies for trading and investment

12-16-2024

Information/Baghdad..
The Central Bank of Iraq warned the public on Monday of the existence of fictitious electronic stock trading companies claiming to be licensed by the bank.

The bank stated in a statement Read more…

Former MP: Amending Article 12 allows Baghdad to know the details of the region’s oil exports

Former MP: Amending Article 12 allows Baghdad to know the details of the region’s oil exports

12-16-2024

Information/Special..
Former MP Mohammed Al-Shabaki stressed, on Monday, the importance of amending Article 12 of the Budget Law so that the Federal Ministry of Oil and the National Oil Marketing Company (SOMO) are informed of the facts of oil exports Read more…

Banking expert: Private banks do not support the Iraqi economy and depend on the Central Bank

Banking expert: Private banks do not support the Iraqi economy and depend on the Central Bank

2024-12-16 01:52

Shafaq News/ Banking expert Mohammed Salem confirmed on Monday that most private banks are still “living” on the Central Bank of Iraq without engaging in any economic activity.

Salem told Shafaq News Agency, “Most private banks do not practice banking work Read more…

Parliamentary Finance: The Iraqi economy will not be affected by the Syrian situation

Parliamentary Finance: The Iraqi economy will not be affected by the Syrian situation

2024-12-16 03:29

Shafaq News/ Member of the Finance Committee in the Iraqi Parliament, Moeen Al-Kadhimi, confirmed on Monday that the government and the Central Bank have taken several important measures to confront the security and economic challenges in the country, especially in light of Read more…

The Central Bank of Iraq punishes 49 companies involved in “money laundering” and warns of other fake ones

The Central Bank of Iraq punishes 49 companies involved in “money laundering” and warns of other fake ones

2024-12-16 03:35

Shafaq News/ The Central Bank of Iraq decided, on Monday, to punish 49 companies involved in “money laundering”, and warned against fictitious trading and investment companies.

The bank directed banks not to allow the 49 sanctioned companies Read more…

Kurdish MP: The region’s finance minister made a mistake by not separating millions and billions

Kurdish MP: The region’s finance minister made a mistake by not separating millions and billions

2024-12-16

Kurdish MP for the Kurdistan Justice Party, Soran Omar, confirmed Sunday (December 15, 2024), that the Minister of Finance of the Kurdistan Regional Government made a mistake by not separating millions and billions when sending Read more…

Iraqi Dinar Guru opinions 12-15-2024

Iraqi Dinar Guru opinions 12-15-2024

12-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
TV talks about 140 ambassadors from around the world and the IMF and the World Bank are arriving is Basra. They’re saying for a historic event. That’s where the ports are with the development project. They’re saying to us this will link Iraq with international world…All these people are coming for a three day event… Read more…

Iraqi Dinar/US Dollar auction results for today 12-15-2024

Iraqi Dinar/US Dollar auction results for today 12-15-2024

Foreign currency sales window results for Sunday 12/15/2024
Advertisement No. (5263 ) Read more…

His movements are suspicious.. Warnings of Halbousi’s involvement in a Zionist project to divide Iraq

His movements are suspicious.. Warnings of Halbousi’s involvement in a Zionist project to divide Iraq

12-15-2024

Information/ Baghdad..
After being convicted of fraud and dismissed from the presidency of parliament, which affected his political standing and influence, the head of the Progress Party, Mohammed al-Halbousi, is seeking to return to the scene by trying to get closer to the United States, amid warnings of his involvement in dangerous projects Read more…

Parliamentary Integrity: Budget Amendment Contains Financial and Constitutional Violations

Parliamentary Integrity: Budget Amendment Contains Financial and Constitutional Violations

12-15-2024

Information / Special..
Member of the Parliamentary Integrity Committee, Hadi Al-Salami, confirmed today, Sunday, that the amendment to the federal budget includes several financial and constitutional violations, noting that the government did not abide by the laws Read more…

Iraq announces the completion of the last phase of the population census “successfully”

Iraq announces the completion of the last phase of the population census “successfully”

2024-12-15 03:58

Shafaq News/ The Iraqi Ministry of Planning announced, on Sunday, the successful completion of the third and final phase of the field work for the general population and housing census in the country, which lasted about 20 days.

The ministry stated in a statement Read more…

A sudden rise in the value of the Syrian pound in the markets of Kurdistan.. Chaos or the beginning of stability?

A sudden rise in the value of the Syrian pound in the markets of Kurdistan.. Chaos or the beginning of stability?

2024-12-15 00:59

Shafaq News/ The currency markets in the Kurdistan Region are witnessing remarkable changes with the “sudden” rise in the value of the Syrian pound against the Iraqi dinar, which sparked wide discussions among experts and traders Read more…

Minister of Electricity sponsors signing of contract to build 3 transformer stations in southern Iraq with international funding

Minister of Electricity sponsors signing of contract to build 3 transformer stations in southern Iraq with international funding

2024-12-15 01:57

Shafaq News/ On Sunday, the Minister of Electricity, Ziyad Ali Fadhil, sponsored the signing ceremony of a contract to establish three secondary electricity conversion stations in Basra Governorate, with a capacity of 3×90 MVA and a voltage of 132/33 kV, funded by the World Bank.

According to a statement issued Read more…

Al-Sudani’s advisor settles the controversy over stopping employees’ salaries at the beginning of 2025

Al-Sudani’s advisor settles the controversy over stopping employees’ salaries at the beginning of 2025

2024-12-15

Mazhar Muhammad Salih, the economic advisor to the Prime Minister, commented Saturday (December 14, 2024), on the possibility of the government’s inability to pay employees’ salaries after the first quarter of next year.

Saleh said in a press interview, “The Iraqi financial policy has a flexible Read more…

Iraqi Dinar Guru opinions 12-14-2024

Iraqi Dinar Guru opinions 12-14-2024

12-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
CBI on TV talking about the dollar auctions are bad but as of today the CBI has started new mechanism for money transfers… FRANK: This is monetary reform education – boom – boom – boom – boom. With all the lies [out there], the whole team is coming out and telling you Iraqi citizens, relax. FIREFLY: The salaries of October, November and December will be paid to the Kurds as soon as possible. Then they talked about a 15-day period that started on November the 28th in which the dollar auctions will end. That put the date as this Sunday the 15th… Read more…

400% profit.. The expected Syrian situation pushes Iraqis to invest in the “lira” and experts warn

400% profit.. The expected Syrian situation pushes Iraqis to invest in the “lira” and experts warn

2024-12-14 | 04:43

While Syria is witnessing major transformations that the whole world is waiting for, these transformations have opened the door to hopes for economic transformations as well, after the Syrian economy deteriorated greatly during the previous years under the rule of Bashar al-Assad due to sanctions.

The Syrian pound has undergone major transformations. At the beginning of 2021, Read more…

Bloomberg: Blinken’s unannounced visit to Baghdad came to pressure the resistance factions

Bloomberg: Blinken’s unannounced visit to Baghdad came to pressure the resistance factions

12-14-2024

Information / Translation ..
A report by BNN Bloomberg revealed on Saturday that the unannounced visit by US Secretary of State Anthony Blinken to Baghdad was a surprise stop during his tour of the region, during which he asked Iraqi Prime Minister Mohammed Shia al-Sudani to Read more…

Trump Plans to End Daylight Saving Time: Costly to Our Nation

Trump Plans to End Daylight Saving Time: Costly to Our Nation

2024-12-14

Shafaq News/ US President-elect Donald Trump revealed on Saturday that the Republican Party will work to cancel the “costly daylight saving time for our nation.”

Trump wrote on his Truth Social account on Friday: “The Republican Party will Read more…

Al-Sudani: There are suspicions of corruption in all loan transactions in Iraq

Al-Sudani: There are suspicions of corruption in all loan transactions in Iraq

2024-12-14 02:40

Shafaq News/ Prime Minister Mohammed Shia al-Sudani acknowledged, on Saturday, that there were suspicions of corruption in financial loan transactions issued by Iraqi government banks.

In a speech he gave during the opening ceremony of the first Riyada Read more…

MP expects date for sending budget tables by government to parliament: Always delayed

MP expects date for sending budget tables by government to parliament: Always delayed

2024-12-14 02:19

Shafaq News/ Member of the Parliamentary Finance Committee, Jamal Kojer, expected, on Saturday, that the Council of Ministers will send the budget tables to Parliament in Read more…