Category Archives: Uncategorized

Economic warning regarding MPs’ statements: They will increase market and dollar instability in Iraq. Economic expert Abdul Rahman Al-Mashhadani predicted on Tuesday that the exchange rate of the dollar in the parallel market may exceed the 160,000 dinar mark per … Continue reading →

Iraq ranks 28th globally in foreign currency reserves at $85 billion. Iraq ranked 28th globally among the countries with the largest foreign exchange reserves out of 30 countries listed in the table, with a total of about $85 billion, according … Continue reading →

Iraqi oil replaces Iranian oil in Chinese refineries Reuters revealed on Tuesday that independent Chinese refineries have increased their purchases of Iraqi and Qatari crude oil for October and November shipments to compensate for declining Iranian supplies, coinciding with the … Continue reading →

Parliamentary Finance Committee: Employee salaries are secured and the Central Bank’s reserves cover the deficit. The Parliamentary Finance Committee confirmed on Tuesday that employee salaries are secured and that the Central Bank has a reserve sufficient to cover the deficit. … Continue reading →

Parliamentary services: No more delays in deciding on top executive positions MP Mohammed al-Shammari, from the Parliamentary Services Alliance, confirmed on Monday that there is intensive parliamentary and political activity underway to finalize the cabinet formation. He revealed that the … Continue reading →

160,000 dinars to the dollar… The parallel market reasserts its authority in Iraq. The dollar exchange rate in the parallel market in Iraq has exceeded 160,000 dinars per 100 dollars, in a scene that brings back to the forefront fears … Continue reading →

Today, a framework meeting will be held to resolve three issues, with the participation of Al-Zidi and the Minister of Finance. An informed source said on Monday that the leaders of the Coordination Framework will hold a meeting in the … Continue reading →

Iraq resumes direct flights to Iran on Thursday Iraqi Airways announced on Monday that the national carrier will resume direct flights to Iran starting next Thursday, October 8, 2026. The company’s management stated in a statement received by Shafaq News … Continue reading →

No session on Thursday… “Vacant Ministries” meeting today and “State Administration” meeting tomorrow The Iraqi parliament has postponed a session scheduled for next Thursday to complete the cabinet formation until next week. According to an informed source who spoke to … Continue reading →

Owning gold is not enough: when the reserve becomes the last line of defense for a nation’s economic security The question preoccupying central banks today is no longer: How much gold do we have? The more sensitive question has become: … Continue reading →