Economic Center Calls for a Comprehensive Review of Banking Operations in Iraq
2024-12-04 00:07
Shafaq News/ The Iraqi Center for Political and Economic Affairs, on Wednesday, extended an open invitation to the Iraqi government and relevant authorities, on the occasion of the International Banking Day, to conduct a comprehensive review of the work of both government and private banks in Iraq.
The director of the center, Wissam Al-Helou, said Read more…
Banks are the most traded sector in the Iraqi market in terms of value.
2024-12-04 02:38
Shafaq News/ The Securities Commission announced on Wednesday that the banking sector was the most traded sector in the Iraq Stock Exchange in terms of value for the third quarter of 2024.
The commission said in a report Read more…
Al-Sudani and his ministers in a “secret” session in Parliament
2024-12-04 03:29
Shafaq News/ Prime Minister Mohammed Shia al-Sudani arrived today at the House of Representatives building, accompanied by Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein, Deputy Prime Minister and Minister of Planning Mohammed Tamim, and Minister of Interior Abdul Amir al-Shammari.
Al-Sudani was received by the Speaker Read more…
Hosting Al-Sudani tops parliament’s agenda today
2024-12-04
The media office of Prime Minister Mohammed Shia al-Sudani spoke today, Wednesday, about the files that al-Sudani will speak about before Parliament during his first hosting of its kind since he was granted confidence two years ago. The media office of al-Sudani stated Read more…
Iraqi Dinar Guru opinions 12-3-2024
12-3-2024 Newshound Guru Militia Man We all know that once Iraq decides to bring out a real effective exchange rate the parallel market is going to be completely changed 100%. They’ve openly told you by the end of the year they’re going to do that…It seems they’re ready to do it. They stopped the loans early, two weeks in advance. Read more…
Iraqi Dinar/US Dollar auction results for today 12-3-2024
Foreign exchange window results for Tuesday 12/3/2024
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Iraq prepares plan to build 30 dams to harvest water
12-3-2024
Information/Baghdad..
The Ministry of Water Resources revealed a future plan for sustainable management of groundwater, which includes the construction of (30) dams to harvest water.
The Director General of the General Authority for Groundwater at the Ministry, Maitham Ali Khadir, told the official newspaper that “his department has prepared Read more…
US Congress reveals embezzlement of more than a quarter of a trillion dollars
12-3-2024
Information / Baghdad..
More than a quarter of a trillion dollars in government aid has been fraudulently misappropriated in the United States during the coronavirus pandemic, a congressional report says.
“Scammers have caused more than $191 billion in damage to American taxpayers by Read more…
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Trump jokes with Trudeau: Canada should become the 51st US state
2024-12-03 22:14
Shafaq News/ Fox News revealed that US President-elect Donald Trump jokingly suggested “annexing Canada” to be the 51st US state during a recent meeting with Canadian Prime Minister Justin Trudeau.
Trudeau traveled to Mar-a-Lago last week after Trump Read more…
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The Central Bank signs a memorandum of cooperation with the European Union and Germany to enhance financial markets in Iraq
2024-12-03 00:24
Shafaq News/ The Central Bank of Iraq announced, on Tuesday, the signing of a memorandum of cooperation between (Frakfurt School) in coordination with the German Agency for International Cooperation (GIZ), the project to strengthen public finances and financial markets in Iraq (FFM), funded by the European Union Read more…
Parliamentarian: Controversial laws will be postponed to the next legislative session if they are not approved
2024-12-03 02:10
Shafaq News/ The representative of the Kurdistan Democratic Party bloc, Jiay Timur, said that if the three controversial laws are not approved in today’s session, Tuesday, they will be postponed to the next legislative session.
In a statement to Shafaq News Agency, Taymour expected that the three disputed Read more…
Iraqi Dinar Guru opinions 12-2-2024
12-2-2024 Newshound/Intel Guru Mnt Goat …I want to tell you the statistics of the monetary mass in Iraq is in dinars not US dollars. Thus, 100 trillion dinars or about not even a trillion US dollars. I also want to bring out that the CBI just told us the size of the Iraqi foreign exchange reserves exceeds by 140% the local currency issued… in the USA…the equivalent of the 1 dinar is expected to come out as about $4 USD. Read more…
Iraqi Dinar/US Dollar auction results for today 12-2-2024
Foreign exchange window results for Monday 12/2/2024
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Central Bank: Iraq’s monetary position is very excellent
12-2-2024
Information/Baghdad…
The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, confirmed that the country’s monetary position is very excellent, noting that there are no real fears of any economic crises occurring here or there.
Al-Alaq said in an interview with the official newspaper, “The monetary position Read more…
Analyst rules out expected ministerial reshuffle: Conditions not ripe
12-2-2024
Information / Baghdad..
Political analyst Ali Fadlallah ruled out, on Monday, the possibility of a ministerial reshuffle, stating that the circumstances are not suitable.
Fadlallah said in an interview with Al-Maalouma Agency that “the current circumstances in Iraq are not conducive to making any ministerial amendment, Read more…
Trump Sanctions Threaten Iraq’s Oil: Iran’s Smuggling Hub
2024-12-02 04:46
Shafaq News/ A report specialized in oil and energy news stated that the maximum sanctions campaign planned by US President-elect Donald Trump against Iran may extend to Iraq, which is considered the second largest oil producer in OPEC, and is known as a stronghold for oil smuggling, which will also harm Read more…
Iraqi government: Internal and external debts within safe limits
2024-12-02 00:36
Shafaq News/ The Prime Minister’s advisor for financial affairs, Mazhar Mohammed Salih, confirmed on Monday that Iraqi debts constitute only 35% of the gross domestic product.
Saleh told Shafaq News Agency, “All of the outstanding internal and external debts still do not exceed Read more…
Stop government loans and advances
2024-12-02 01:54
Shafaq News/ A government source reported on Monday that all loans and advances in Iraqi government banks have been stopped due to the end of the fiscal year.
The source told Shafak News Agency that “stopping loans and advances came as Read more…
Parliamentary Finance Committee talks about delay and funding file regarding 2025 budget schedules
2024-12-02
Member of the Finance Committee Mustafa Al-Karaawi explained today, Monday, that the government has not sent the Maronite tables yet, while indicating that there is a real problem in the issue of funding. Al-Karaawi stated in an interview with Al-Sumaria Channel that “the fiscal year is still in effect and there is a real problem in Read more…
Iraqi Dinar Guru opinions 12-1-2024
12-1-2024 Newshound Guru Militia Man We have a couple members that speak fluent Arabic…They come in on occasion and talk to me…or I reach out to them…to see if they can reach out to the tribal people or people that they know that are working on the ground…What I learned was…He gave an example if you’re taking a credit/debit card from a country A to country B and it works, meaning you have the ability to transfer money from one country to another on your card, …you can swipe your card into an ATM and get money, let’s say you’re [Iraqi], if you’re in a different country and you can swipe your card and get dinar or convert [Iraqi dinar] to Jordanian dinar or you can go to Saudi Arabia…the United States… Europe, if the card works in those counties, it’s going to be reflective of…an exchange rate… Read more…
