“Immature decision”… Iran questions the possibility of Iraq implementing foreign currency restrictions
2024-01-03 12:59
Shafaq News/ Member of the Board of Directors of the Joint Iranian-Iraqi Chamber of Commerce, Shaaban Foroutan, said on Tuesday that the Baghdad government’s decision to restrict the buying and selling of foreign currency in the country, and the restrictions that have been put in place, are immature and impractical.
Shaaban Fortoun said in a statement reported Read more…
Iraq seeks to increase oil production by up to 6 million barrels per day and resume Kurdistan exports
2024-01-03 01:53
Shafaq News/ Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul Ghani confirmed on Wednesday that the ministry is working to strengthen projects to sustain and increase oil production, and implement the requirements of the five-year plan to reach a production rate of 6 million barrels per day.
This came in a speech while chairing the leadership meeting Read more…
Will Tehran’s allies push Washington to reconsider its military presence in Iraq?
1-3-2024
The Iraqis welcomed the new year with big questions about the fate of their country, which is still witnessing ongoing confusion at the security and political levels, with the return of Tehran’s allies to escalation against the American presence in the country, and the escalation of calls to end the role of the international coalition in Iraq and the complete withdrawal of American forces Read more…
Iraqi Dinar Guru opinions 1-2-2023
1-2-2024 Intel Guru Frank26 The monetary reform is successful. All they need to do now is give them the new exchange rate and the new currency that they’ve been talking to them about. It’s successful. That’s why everybody’s signing contracts left and right and pouring into Iraq…You honestly think the contracts are being signed at a program rate? Of course not… Read more…
During 2023.. Iraqi drilling will complete the drilling and reclamation of 199 oil wells
02/01/2024
The Ministry of Oil announced today, Tuesday, that the technical and engineering personnel of the Iraqi Drilling Company completed the drilling and reclamation of 199 oil wells during the past year 2023.
The Director General of the Iraqi Drilling Company, Read more…
Violent explosions rock the Ain al-Assad base
1-2-2023
Information / Anbar..
A security source reported, on Tuesday, that violent explosions were heard inside the Ain al-Asad base building, west of Anbar.
The source said in a statement to the Maalouma Agency, “Violent explosions rocked the Ain al-Asad air base in the Al-Baghdadi district of Hit Read more…
Parliamentary Finance: The 2024 budget will witness a major change
02/01/2024
The Parliamentary Finance Committee announced today, Tuesday, that the 2024 budget will witness changes in its operational and investment parts.
Committee member Jamal Cougar said, in an interview with the official Al-Sabah newspaper, “The 2024 budget will make many changes and it will be something Read more…
Parliamentary Economy determines the features of the impact of “dollarization” in 2024
1-2-2023
Information / Baghdad..
On Tuesday, member of the Parliamentary Economics Committee, Hussein Habib, identified the most prominent features of the impact of the continued dependence on the dollar on the country’s economy during 2024.
Habib said in an interview with Al-Maalouma, “Any decrease in the exchange rate Read more…
To prevent wasting money, a parliamentary committee calls on the government to expedite sending the oil law
1-2-2023
Information / Baghdad..
On Tuesday, member of the Oil, Gas and Natural Resources Committee, Nazem Al-Shibli, stressed the need for the government to expedite sending the oil and gas law to the committee for study and approval to control the pace of revenues from Read more…
Al-Khalidi: Sunnis do not agree with Al-Halbousi’s alternative. Parliament will decide the matter
1-2-2023
Information / Baghdad..
The head of the Bayariq Al-Khair Party, Muhammad Othman, confirmed today, Tuesday, that there is no Sunni consensus so far on the candidate for the position of Speaker of Parliament, while indicating that the dome of the House of Representatives will decide the matter.
Al-Khalidi told Al-Maalouma, “The Sunni political forces are still different Read more…
The five berths project at Al-Faw Port will be completed by the end of this year
01-02-2024
Today, Tuesday, the Iraqi Ports Company announced its expectations of completing the five berths project in Al-Faw Port during the month of October of the current year 2024. The company’s general manager, Farhan Al-Fartusi, stated in a press conference that the engineering cadres were able to complete the berths Read more…
Iraqi Dinar Guru opinions 1-1-2023
1-1-2024 Intel Guru Goldilocks Banking Announcement of the CBI in Iraq: In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar. This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries. Read more…
Al-Sudani promises the Iraqis that 2024 will be a year of achievements
2023-12-31 13:06
Shafaq News/ On Monday, the Iraqi Prime Minister promised the Iraqis that the year 2024 would be a year of achievements.
Al-Sudani said in a statement distributed by his media office and reported to Read more…
With the beginning of the new year.. Transport announces the completion of Berth No. 2 in Al-Faw Port
1-1-2024
Baghdad – 964
Today, Monday, the Ministry of Transport announced the completion of Berth No. 2 in Al-Faw Port, and confirmed that the completion rate of the other berths has reached more than 85% and work is continuing according to the agreed upon time Read more…
The Sudanese financial advisor sets the basic exchange constants for the 2024 budget
01/01/2024
Today, Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, set the basic exchange constants in the 2024 budget, stressing that the private sector’s financial savings will contribute to supporting development projects that create Read more…
Starting from 2024.. The Iraqi Central Bank determines the entities covered by receiving its transfers in dollars
2024-1-1 20:55
Shafaq News/ The Central Bank of Iraq has determined the entities covered by receiving their external transfers in cash in US dollars, as of January 2, 2024.
The bank media said in a statement received by Shafaq News Agency, in implementation of the monetary policy objectives and to enable banks Read more…
More than $40 billion in Iraqi currency auction sales in 2023
2024-01-01 02:22
Shafaq News/ The Central Bank of Iraq’s sales in the hard currency auction for the US dollar during the past year 2023 amounted to more than 40 billion dollars.
Shafaq News Agency correspondent stated that during the 12 months of last year Read more…
Most of them are in Baghdad.. The Commission receives 329 appeals of the election results and sends them to the judiciary
2024-01-01 02:57
Shafaq News/ The Independent High Electoral Commission announced on Monday that it had received 329 appeals of the results of the governorate council elections held on December 18, 2023.
Jumana Al-Ghalai, spokesperson for the Election Commission, told Shafaq News Agency, “Baghdad Al-Karkh recorded the highest percentage of appeals, with Read more…
The Central Bank clarifies the mechanism for delivering incoming remittances in the dollar currency
2024-01-01
On Sunday, the Central Bank of Iraq clarified the mechanism for delivering incoming transfers in the US dollar currency, as it stated in its statement that, in implementation of the monetary policy objectives and to enable banks to meet the needs of their customers in foreign currency, the Central Bank of Iraq has specified Read more…
Iraqi Dinar Guru opinions 12-31-2023
12-31-2023 Intel Guru Frank26 Question: “Is Iraq going forward with only dinars as of January 1st?” Yes and that is the key…the next 24 hours is a very important key to see if they use it to unlock the monetary reform….If the Iraqi citizens have absolutely no other currency but the dinar to use in their country…how are they going to do it with a 3-zero note that has almost no value to it? Read more…
