More than a billion dollars in sales from the Central Bank of Iraq during the week
2024-08-17 05:37
Shafaq News/ The total sales of the Central Bank of Iraq of hard currency, the dollar, during the days in which the auction was opened last week amounted to more than one billion dollars.
Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the 5 days in which the auction was opened, Read more…
Economist Kiyosaki: Global financial markets will witness the “biggest collapse” in history
2024-08-17
Shafaq News/ Economist Robert Kiyosaki renewed his warning about global financial markets, expecting that they will witness a major collapse that may be the largest in history, but he said that “this collapse may be an opportunity for those who are willing to become rich thanks to it.”
Kiyosaki, author of “Rich Dad, Poor Dad” and one of the world’s most famous economic analysts, said he was concerned about the economic policies currently being pursued by Read more…
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“Finance” indicates a delay in financing the salaries of Iraqi employees due to the lack of liquidity
2024-08-17 06:24
Shafaq News/ Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, indicated on Saturday a delay in financing employees’ salaries, but he said that those salaries are secured as a balance with the government.
Al-Karawi added in an interview with Shafaq News Agency, “There is a delay in financing employees’ salaries due to the scarcity of cash, and this matter is clear Read more…
Iraqi Dinar Guru opinions 8-16-2024
8-16-2024 Newshound/Intel Guru Mnt Goat Article quote: “introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years”. How can this possibly…“lop” when they will continue trade and use these larger three zero notes in the background for 10 more years after they complete the Project…So no more negative stuff about a LOP…please! Read more…
Americans admit their combat forces in Iraq…and Fuad Hussein denies!
8-16-2024
Information/Baghdad…
It was not strange for Foreign Minister Fuad Hussein to come out with a position that strengthens the status of the American presence inside Iraq, contrary to popular and political demands for its exit from the country, after the major Read more…
Rafidain Bank warns its customers of “electronic fraud” and issues instructions to them
2024-08-16 03:13
Shafaq News/ Rafidain Bank confirmed, on Friday, its keenness to educate its customers and the public about sound practices in using electronic services in general, and to direct the customer to take caution and care, to ward off the risks that may result from any attempts to access the customer’s personal and financial Read more…
Iraqi Foreign Ministry announces postponement of announcement of end of international coalition military mission in Iraq due to recent developments
2024-08-16
Shafaq News/ The Iraqi Ministry of Foreign Affairs responded on Thursday to statements made by the official spokesman for the US State Department. While announcing the postponement of the announcement of the end of the military mission of the international coalition in Iraq due to Read more…
Iraqi Dinar Guru opinions 8-15-2024
8-15-2024 Intel Guru Frank26 Question: “Why is no one speaking of the WTO meeting with Iraq on Friday?” Because it’s not that important. They were supposed to get everything done by the 15th for the WTO. What are they going to do Friday? They’re just going to talk about it. It’s not until the value of the Iraq dinar is released and the lower notes and lifting of the three zeros, that’s when they’ll join the WTO…Why do they want a sanctioned rate? …They don’t. They know exactly what they’re doing. Read more…
Iraqi Dinar/US Dollar auction results for today 8-15-2024
Foreign exchange window results for Thursday 8/15/2024
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Al-Sudani’s advisor: Iraq’s external debt does not exceed $9 billion
8-15-2024
The financial advisor to the Prime Minister, Mazhar Mohammed Salih, confirmed today, Thursday, that Iraq’s external debts do not exceed 9 billion dollars.
Saleh said in a statement to Al-Rabia that “Iraq’s external debts that must be paid Read more…
Nearly 130 trillion dinars.. Increase in deposits of Iraqi commercial banks
2024-08-15
Alsumaria News – Economy
Deposits in Iraqi commercial banks increased in June 2024, reaching 129.88 trillion Iraqi dinars, an annual growth rate of 3.74% and a monthly growth rate of 1.43%, according to the head of the “Iraq Al-Mustaqbal” Foundation for Economic Studies Read more…
Parliamentary Legal Committee rules out passing Oil and Gas Law
8-15-2024
Information / Baghdad..
Today, Thursday, the committee member, MP Mohammed Anouz, ruled out the ability of the political blocs to pass the oil and gas law and some other controversial laws.
Anouz told Al-Maalouma Agency, “The Legal Committee has a number of Read more…
Al-Baldawi: The government is serious about recovering all the money from the theft of the century
8-15-2024
Information/Baghdad
MP Mohammed Al-Baldawi confirmed, on Thursday, the government’s seriousness in recovering all the money from the so-called theft of the century.
Al-Baldawi told Al-Maalouma, “Nour Zuhair or others who were involved in the embezzlement of public funds will be referred to the judiciary, which will be Read more…
Politician: Oil smuggled from Kurdistan region is sold for less than half its value
8-15-2024
Information/Baghdad
Independent politician Adnan Abdullah confirmed on Thursday that oil smuggled from the Kurdistan Region is sold for less than half its value.
Abdullah told Al-Maalouma, “The region smuggles about 300 thousand barrels per day, and this is no secret, and the government and all political forces know Read more…
Economic website: Iraq will become a global center for oil refining
8-15-2024
Information/Translation..
Iraq is close to achieving its ambition to become a global oil refining hub, a report by S&P, a leading economics website, said on Thursday. Iraq’s ambitions to expand its refining capacity to export more refined products of higher value, are now closer Read more…
Al-Sudani announces from Karbala the readiness to launch the largest project to produce ten thousand megawatts of electricity
2024-08-15
Prime Minister Mohammed Shia Al-Sudani announced the government’s readiness to launch the largest project to produce (10) thousand megawatts of electric power.
Al-Sudani said in a speech at the launch ceremony of three electricity production projects Read more…
Iraqi Dinar Guru opinions 8-14-2024
8-14-2024 Newshound Guru Militia Man Saleh, financial advisor to the prime minister, has a really good report. “Government Signal: High Export Capacity Boosts Currency Value” He’s giving reasoning why certain things will boost value…They’re talking about floating and fixed prices…He gives his opinion – Floating seems too aggressive, fixed prices work but a managed float I think is what he’s talking about… Read more…
Iraqi Dinar/US Dollar auction results for today 8-14-2024
Foreign currency sales window results for Wednesday 8/14/2024
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The Central Bank sponsors a meeting to establish a national company to manage electronic payment systems in Iraq
2024/08/14
The Central Bank sponsored, today, Wednesday, a meeting to establish a national company to manage electronic payment systems in Iraq.
The Central Bank’s media office stated Read more…
Through “corruption and fraud” operations… the secrets of smuggling dollars and withdrawing them from Dubai via electronic cards
2024-08-14
Alsumaria News – Economy
Political analyst Rafid Al-Atwani criticized, today, Wednesday, August 14, 2024, the banks in Iraq, especially the private ones, due to the indicators of corruption and the dollar smuggling operations abroad that revolve around them, while he confirmed Read more…