Iraq participates in UNCTAD meetings to join the World Trade Organization

Iraq participates in UNCTAD meetings to join the World Trade Organization

7-20-2024

Al-Maalouma / Baghdad
The Ministry of Trade announced today, Saturday, its participation in the technical meetings of the United Nations Conference on Trade and Development (UNCTAD) in Istanbul, regarding the accession of Arab countries to the World Trade Organization.
The ministry stated, in a statement received Read more…

Rule of Law on American Presence: We Reject It in All Its Forms

Rule of Law on American Presence: We Reject It in All Its Forms

7-20-2024

Information / Special..
Member of the State of Law Coalition, Sabah Al-Bazouni, stressed today, Saturday, the need to review the security agreement previously signed with the American forces and work to quickly remove those forces.

Al-Bazouni said in a statement to Al-Maalouma Agency, “The land of Iraq remains proud and possesses sovereignty and rejects Read more…

Al-Sudani: Military manufacturing is one of the most important requirements for Iraqi sovereignty

Al-Sudani: Military manufacturing is one of the most important requirements for Iraqi sovereignty

2024-07-20 03:51

Shafaq News/ On Saturday, the Prime Minister and Commander-in-Chief of the Armed Forces, Mohammed Shia al-Sudani, described military manufacturing as one of the most important requirements for achieving sovereignty in the country, while directing the ministries and security and military institutions to Read more…

Proposed measures to address the rise of the dollar

Proposed measures to address the rise of the dollar

2024-07-20 05:14

The high exchange rate of the dollar against the Iraqi dinar poses a major economic challenge in Iraq, as it leads to a decline in the value of the Iraqi dinar and an increase in prices, which negatively affects citizens’ purchasing power and the stability of the national economy.

To address this situation, a set of proposed solutions and measures Read more…

Trump’s Iraqi Lawyer: Alina Habba, the President’s Campaign Beauty and Biggest Supporter

Trump’s Iraqi Lawyer: Alina Habba, the President’s Campaign Beauty and Biggest Supporter

2024-07-20 00:59

Shafaq News/ Alina Habba, the Iraqi-born lawyer for former US President Donald Trump, expressed her full support for Trump in a speech on the last day of the Republican Party conference in Milwaukee, Wisconsin, especially after the recent assassination attempt.

The beauty, who is part of the former US president’s legal team, said in a speech Read more…

Iraqi Parliament Investigates Tax Increase to Make Up for ‘Deal of the Century’ Losses

Iraqi Parliament Investigates Tax Increase to Make Up for ‘Deal of the Century’ Losses

2024-07-20 03:29

Shafaq News/ The Parliamentary Economic Committee revealed, on Saturday, that information had been received indicating that the General Tax Authority had increased taxes on citizens in order to compensate for what it lost from the Deal of the Century.

The deputy head of the committee, MP Yasser Al-Husseini, told Shafaq News Agency that the parliamentary economic committee Read more…

Iraqi Dinar Guru opinions 7-19-2024

Iraqi Dinar Guru opinions 7-19-2024

7-19-2024 Intel Guru Frank26 It’s not a lop…to subtract zeros from an exchange rate adds value to a currency. To add zeros to an exchange rate, yellow Zimbabwe, reduces the value of the currency…If they add zeros then we are looking at a lop. No where did you see they were adding zeros. Read more…

An economist expects the dollar exchange rate to continue to differ and explains the reason

An economist expects the dollar exchange rate to continue to differ and explains the reason

2024/07/19

An economic expert expected the dollar exchange rate to continue to rise and the difference with the official price to remain.

Salah Nouri told Al Furat News Agency, “The rise in the dollar price continues, and there remains a difference between the official price set by the Central Bank and Read more…

Rafidain announces the implementation of the comprehensive banking system in Kirkuk

Rafidain announces the implementation of the comprehensive banking system in Kirkuk

7-19-2024

Information / Baghdad
Rafidain Bank announced today, Friday, the implementation of the comprehensive banking system in the Al-Nour branch in Kirkuk, thus joining the branches that have activated the comprehensive system in Baghdad and the governorates, in addition to the branches Read more…

Parliament presidency crisis.. Nehme: There are alternatives if Sunnis do not agree

Parliament presidency crisis.. Nehme: There are alternatives if Sunnis do not agree

7-19-2024

Information/Baghdad
MP Ali Nehme spoke today, Friday, about the existence of alternatives if the Sunni blocs fail to agree on a single candidate for the presidency of the House of Representatives.

Nehme told Al-Maalouma Agency, “The numerical majority will be an alternative Read more…

Parliamentary Finance: Iraq adopts a vision to increase its reserves at the Central Bank

Parliamentary Finance: Iraq adopts a vision to increase its reserves at the Central Bank

7-19-2024

Al-Maalouma/ Baghdad…
Member of the Finance Committee, Mudhar Maan, confirmed on Friday that Iraq has increased its balance of what he called safe havens.
Maan said in an interview with Al-Maalouma that “Iraq has adopted a good strategy in diversifying the financial reserves available to it in the Central Bank, especially Read more…

Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation

Removing Zeros from the Iraqi Currency: Talk Returns and Possibility of Implementation

2024-07-19 05:32

Removing zeros from a currency is a procedure undertaken by some countries in order to revalue the national currency and simplify financial transactions. This is done by removing a specific number of zeros from the nominal value of the currency, making it appear less inflationary and more stable.
For example, if the currency is the “dinar” and its value is equal to Read more…

Iraqi Dinar Guru opinions 7-18-2024

Iraqi Dinar Guru opinions 7-18-2024

7-18-2024 Intel Guru Frank26 A 50,000 note, they showed you a picture…and then they took a magic marker and they crossed off the 3-zeros on the 50k note…that was a little misleading…Many people saw…the 3-zeros disappear from the currency and they thought I’m going to be left with a 50 note. I just lost a lot of money. No…They’re not going to take your 50K note and cut the zeros out… .00076 | 1320 – These represent the exchange value of the Iraq dinar. .00076 is used by Forex to reflect the 1320 that is on the CBI website… Read more…

Iraqi Dinar/US Dollar auction results for today 7-18-2024

Iraqi Dinar/US Dollar auction results for today 7-18-2024

Foreign exchange window results for Thursday 7/18/2024
Advertisement No. (5163 ) Read more…

Ministry of Finance announces launch of new issue of government achievement bonds

Ministry of Finance announces launch of new issue of government achievement bonds

2024/07/18

The Ministry of Finance announced today, Thursday, in cooperation with the Central Bank of Iraq, the launch of a new issue of government achievement bonds (second issue) for public subscription.

A statement by the ministry, received by {Al Furat News}, stated that “the Public Debt Department in the ministry, in cooperation with the Central Bank of Iraq, Read more…

Government advisor expects ministerial reshuffle before year-end

Government advisor expects ministerial reshuffle before year-end

2024/07/18

A government advisor expected a ministerial reshuffle in the current government before the end of this year, 2024.

The advisor – who refused to disclose his name – said that “the ministerial reshuffle may take place before the end of this year, and will be based on Read more…

“Expected” measures from the Finance Committee regarding the conflicting dollar exchange rates in Iraq

“Expected” measures from the Finance Committee regarding the conflicting dollar exchange rates in Iraq

2024-07-18

Alsumaria News – Politics
The Parliamentary Finance Committee promised, today, Thursday, July 18, 2024, to host “anticipated” officials inside the House of Representatives dome to determine the real reasons behind the conflict in the dollar exchange rates in the Iraqi markets, after the resumption Read more…

Al-Sahaf calls on the government to free itself from American restrictions

Al-Sahaf calls on the government to free itself from American restrictions

7-18-2024

Information / Baghdad…
The spokesman for the popular legal movement, Muhammad al-Sahhaf, called on the government today, Thursday, to overcome American restrictions and foreign dictates, stressing the need to set a timetable for the complete withdrawal of foreign forces.

Al-Sahhaf rejected, in a statement Read more…

Al-Fatah: Targeting Ain al-Assad base is an announcement of the end of the deadline granted by the resistance

Al-Fatah: Targeting Ain al-Assad base is an announcement of the end of the deadline granted by the resistance

7-18-2024

Information / Baghdad..
On Thursday, the leader of the Al-Fatah Alliance, Ali Al-Fatlawi, considered the Iraqi resistance’s targeting of the Ain Al-Assad base with two drones as an explicit announcement by it of the end of the deadline it gave to the government and the Americans regarding completing the schedule for the withdrawal Read more…

Seeking to restore “direct” trade between Iraq, Kurdistan and Romania

Seeking to restore “direct” trade between Iraq, Kurdistan and Romania

2024-07-18 04:13

Shafaq News/ Sulaymaniyah Chamber of Commerce and Industry confirmed, on Thursday, its endeavor to restore direct trade exchange between Iraq and the Kurdistan Region on the one hand, and the State of Romania on the other hand, after it had been suspended for more than two decades.

Nawzad Ghafoor, head of the Sulaymaniyah Chamber of Commerce and Industry, Read more…