Category Archives: Uncategorized

Ministry of Finance: The Iraqi economy recorded a 5 percent non-oil growth and a decline in the budget deficit. Finance Minister Taif Sami stated on Monday that the Iraqi economy recorded a 5% growth in non-oil GDP in 2024, while … Continue reading →

The Prime Minister chairs a meeting of the heads of the boards of directors of Iraqi banks. Prime Minister Mohammed Shia al-Sudani chaired a meeting on Monday with the chairmen of the boards of directors of Iraqi banks to review … Continue reading →

In detail, the Minister of Finance explains the mechanism for converting tax deposits into revenue. Finance Minister Taif Sami explained, on Sunday, the mechanism for withdrawing tax deposits and converting them into final revenue. Sami said in a press statement, … Continue reading →

Egypt moves to resume importing 12 million barrels of Basra oil annually. A government official stated on Sunday that Egypt seeks to resume importing 12 million barrels of Basra crude oil annually from Iraq starting in the third quarter, after … Continue reading →

Iraqi Foreign Minister heads to the United States on an official visit Iraqi Foreign Minister Fuad Hussein departed for the United States on Thursday on an official visit to discuss several joint security and economic issues. Fuad Hussein said in … Continue reading →

Trump receives recommendation to extend US forces in Iraq until 2029 Trump receives recommendation to extend US forces in Iraq until 2029Shafaq News/ The New Line Institute, an American think tank specializing in political and military affairs, recommended that the … Continue reading →

Iraq to be the third largest Arab exporter of goods in 2024 he World Trade Organization announced on Thursday that Iraq ranked third as the largest exporter of goods in 2024. The organization said in a report seen by Shafaq … Continue reading →

Avoiding billions of dollars in losses, Iraq wins dozens of international lawsuits. The Iraqi Ministry of Justice announced on Thursday that it had won 36 international lawsuits in favor of Iraq without incurring any losses, avoiding paying large sums estimated … Continue reading →

The Iraqi Ministry of Finance issues a new bond issue worth more than 2.2 trillion dinars. The Iraqi Ministry of Finance announced on Thursday the launch of the third issue of national bonds for public subscription, with a total value … Continue reading →

126,000 solar panels arrive in southern Iraq to support the electricity grid. Iraqi Electricity Minister Ziyad Ali Fadhil announced on Thursday the arrival of more than 126,000 high-efficiency solar panels to the site of the “Shams Basra” solar energy project … Continue reading →