Category Archives: Uncategorized

Chevron returns to Iraq As part of ongoing efforts to develop the oil industry and attract major international companies, Iraq signed a memorandum of understanding (MoU) with US oil giant Chevron on Tuesday. Prime Minister Mohammed Shia al-Sudani sponsored the … Continue reading →

Central Bank: We cover almost all currencies used by Iraq for trade purposes. Iraqi Dinar Central Bank Governor Ali Al-Alaq confirmed on Wednesday that nearly all major currencies are covered, noting that the central bank is conducting foreign exchange transactions … Continue reading →

Al-Sudani directs the formation of a joint team to improve Iraq’s sovereign credit rating. President’s face policy Cabinet of Ministers Mohammed Shia al-Sudani Today, Wednesday, a joint national team was formed, headed by the governor. Central Bank of Iraq To … Continue reading →

Kurdistan Regional Government: 120 billion dinars in non-oil revenues are ready to be delivered to Baghdad. Kurdistan Regional Government (KRG) spokesperson Peshwa Hawrami confirmed on Wednesday that the agreed-upon amount of non-oil revenues is ready for delivery to the federal … Continue reading →

Britain tightens noose on Iraqi migrants with new deal with Baghdad The British government announced on Wednesday that it had concluded a new agreement with Iraq to return illegal immigrants as part of broader steps to curb immigration. According to … Continue reading →

The Iraqi Economy: Growth, Challenges, and Future Prospects The Iraqi economy is undergoing significant transformations toward economic diversification, reducing dependence on oil and strengthening other productive sectors. These transformations are essential in light of global energy price fluctuations and inflationary … Continue reading →

Al-Sudani’s advisor lists the reasons for the dollar’s rise in the Iraqi market. On Tuesday, the Prime Minister’s financial advisor, Mazhar Mohammed Salih, attributed the rise in the dollar in Iraqi markets to cross-border speculative trading. Saleh told Shafaq News … Continue reading →

UNAMI mission is optimistic that Erbil and Baghdad will reach a “good” understanding on resolving outstanding disputes. The Special Representative of the Secretary-General of the United Nations in Iraq, Mohammed Hassan, expressed optimism on Tuesday about the possibility of the … Continue reading →

The Central Bank of Iraq announces an increase in state revenues and expenditures during May. The Central Bank of Iraq revealed on Tuesday that public revenues and expenditures increased during the month of May. The bank stated in official statistics … Continue reading →

Baghdad and Erbil hold new meeting to resolve oil and salaries Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, held an expanded joint meeting on Tuesday between the federal government and the Kurdistan Regional Government to discuss salaries … Continue reading →