Electronic Payment Team: The “We Reach You” campaign included villages, rural areas, and remote areas.

The electronic payment team announced on Tuesday that the “We Will Reach You” campaign will soon knock on the doors of Halabja Governorate, while indicating that the campaign included the outskirts of the governorates, villages, rural areas, and remote areas. The head of the electronic payment culture team, Nabil Al-Najjar, told the official agency, “The “We Will Reach You” campaign will soon knock on the doors of Halabja Governorate because it needs many financial services, as there is a lack of financial services in this governorate.” He explained, “We will head to hold a specialized financial conference and exhibition for the governorate, and it will be sponsored by the Central Bank and Halabja Governorate.”

He added, “The governorate needs significant efforts and a financial infrastructure. The purpose of holding the conference, rather than a workshop or tour, is to demonstrate the governorate’s development. This governorate has three summer resorts, enjoys beautiful nature, and lacks hotels or financial institutions. Our goal is to reach the governorate’s financial institutions by promoting financial inclusion and delivering financial services directly.”

Al-Najjar also confirmed that “the ‘We Will Reach You’ campaign began in the outskirts of the governorates, villages, rural areas and remote areas. We started from the Al-Amel neighborhood in Baghdad, and from there to the other areas. We headed to Anbar in the Khalidiya area, Habbaniyah district, Hit district, Haditha, Nasiriyah, Najaf and Karbala,” noting that “the next plan will be to Rawah, Ana and the areas adjacent to them.”

Burathanews.com

“Two qualified companies”… Iraqi Oil affirms the “transparency” of the LNG platform project.

The Iraqi Ministry of Oil issued a statement on Saturday detailing the floating platform project to import liquefied natural gas (LNG) to power the country’s power plants. The statement emphasized the transparency of all procedures related to the project, while noting that two companies have been technically and commercially qualified to implement it.

The statement said that the project stems from Iraq’s urgent need to secure electricity and operate power plants, and aims to diversify sources of liquefied gas imports to boost electricity production, under the direct direction of the Prime Minister.

The Ministry added that the Council of Ministers and the Ministerial Council for Energy issued decisions to determine the implementation mechanism, including Ministerial Council for Energy Decision No. (55) of 2025, which issued invitations to 6 companies to submit their technical and commercial offers, with the formation of specialized committees to study the offers and take appropriate decisions.

The statement explained that the Ministry of Oil, represented by the South Gas Company and the Oil Projects Company, has begun construction of a 40 km long, 42 knot diameter gas pipeline from Khor Al-Zubair to the Shatt Al-Arab Regulator. Work on the pipeline began on February 9, 2025, and was completed on schedule in June of this year, making it ready to receive gas.

The second pipeline, from Mahmoudiya to the Bismayah Power Plant, is 45 km long and 42 knots in diameter. The Oil Projects Company completed the pipeline in record time, despite challenges and high temperatures. It is also ready to receive imported gas.

Regarding the results of the tender study, the statement indicated that only two companies were technically and commercially qualified after both submitted acceptable bids. One company withdrew after submitting an unacceptable first bid, and a subsequent bid with a capacity of less than 500 megawatts (MW) was rejected by the Ministry of Electricity. Its proposal to use two separate platforms for storage and gasification was also rejected by the Iraqi Ports Company.

The ministry confirmed that a final decision will be made at the next meeting of the Diwani Order Committee, emphasizing that all procedures and negotiations were conducted in accordance with legal procedures and under the supervision of specialized ministerial committees, and that the ministry is not the sole entity responsible for decision-making. It also announced that a complaint would be filed against media outlets that distort public opinion regarding the government’s and the Ministry of Oil’s achievements.

Shafaq.com

America is preparing to launch a “hidden space weapon.”

Washington – The US Space Force is preparing to launch the X-37B orbital test vehicle on its eighth mission on August 21, carrying potentially game-changing technology for both military and civilian applications.

The vehicle carries a quantum inertial sensor, an innovation that could end reliance on GPS and redraw the global navigation map.

According to US reports, the GPS system, which guides aircraft, ships, and even our smartphones, is the backbone of modern life. However, its vulnerabilities are serious. Its signals can be easily jammed or spoofed, and they can be completely lost in deep space, the depths of the sea, or on battlefields crowded with electronics.

The reports continue: “Here comes the quantum solution, which requires no external signals, but rather relies on atoms cooled to absolute zero, which are transformed into waves used to measure acceleration and rotation with incredible precision, without the drift that plagues conventional systems.”

The technology will enable the X-37B to achieve precise navigation even in lunar orbit or on journeys into deep space, where GPS becomes worthless. It will also enable American submarines and aircraft in warfare to operate independently of any space signals, meaning overwhelming superiority on electronic battlefields.

In 2024, companies such as Boeing and AOSense demonstrated the technology’s success in a four-hour flight, and Britain also preceded it with a piloted flight on a civilian aircraft.

While quantum computing and encryption were once the hallmarks of the future, it appears that quantum watches and sensors will be the first real weapons to enter the realm of practical use.

If the X-37B’s eighth mission is successful, it could go down in history as the moment when absolute reliance on GPS died and the era of “unhackable navigation” began.

According to experts, the issue is not just about navigation, but also about geopolitical dominance. The country that monopolizes quantum navigation will control maritime and air trade routes and possess unhindered military capabilities, potentially reshaping the global balance of power.

The upcoming X-37B mission is not just a journey into space; it could be a formal declaration that humanity has entered the age of quantum navigation—an era that could make today’s systems seem primitive and open the door to a new global race to control the “compass of the 21st century.”

shafaq.com

The Central Bank of Iraq launches a guide to financing small and medium-sized enterprises.

The Central Bank of Iraq announced on Sunday the launch of a guide to accessing financing for micro, small, and medium-sized enterprises (MSMEs), in cooperation with the German International Cooperation Agency (GIZ) and the Iraqi Private Banks Association.

In his speech at the guide’s launch ceremony, Deputy Governor of the Central Bank of Iraq, Ammar Khalaf, said that Iraq has witnessed a multiplicity of lending providers. The Central Bank, through its National Lending Strategy, has developed a guide that complements this strategy, enabling entrepreneurs to develop their businesses, serving as a mature and informative destination for all loans, and providing a new opportunity for easier access and faster procedures for obtaining financing.

The Deputy Governor noted that the banking reform strategy adopted by the Central Bank will support procedures for accessing project financing based on a clear vision to enhance confidence in the Iraqi banking system.

Shafaq.com

Revenues from trade, Baghdad Municipality, and electricity are on the agenda of a meeting chaired by Al-Sudani.

Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to discuss ways to maximize non-oil revenues and support and enhance the state’s financial resources. The meeting was attended by the Minister of Finance, the Minister of Trade, the Mayor of Baghdad, the Governor of the Central Bank of Iraq, and a number of advisors and general managers.

A statement issued by Al-Sudani’s office, received by Shafaq News Agency, stated that the meeting discussed the use of modern technologies, digital mechanisms, and automation to maximize revenues and promote projects with higher returns. The Prime Minister emphasized that economic development must proceed through optimal investment of funds in the most feasible locations, and the development of plans to rationalize spending and reduce financial waste.

The meeting also addressed the Ministry of Trade’s revenues and how to maximize them, enhancing the quality of ration card items, and studying the best economic methods for managing wheat purchasing, storage, and capacity for future seasons.

The meeting also discussed the organization of Baghdad Municipality’s revenues, the optimal path to managing real estate resources, institutions, and their projects, and collection methods. They also discussed the implementation of collection in the electricity sector and the plans in place in this regard.

Shafaq.com

US forces prepare for a complete withdrawal from Baghdad to Erbil.

An Iraqi government source revealed on Sunday that US forces will begin a full withdrawal from the capital, Baghdad, toward Erbil in September. The government source told Al Jazeera that “the international coalition will withdraw from Ain al-Assad, Baghdad Airport, and the Joint Operations Command toward Erbil.”

He also stated that “the withdrawal of coalition forces will take place next September, in implementation of the agreement between Baghdad and Washington,” indicating that “military trainers will remain in the country and have nothing to do with the withdrawal of international coalition forces.”

Burathanews.com

The Ministry of Electricity announces an improvement in supply hours and reveals the reason!

The Ministry of Electricity confirmed that the re-operation of the Wasit Thermal Power Plant has directly contributed to reducing bottlenecks on the national grid, after a number of lines stopped working during the past period, which affected the hours of energy supply. The Ministry’s spokesman, Ahmed Musa Al-Abadi, stated that the Ministry has completed a number of energy production projects according to its plans for the current year with the aim of supporting the national system. The Wasit Thermal Power Plant has been reconnected to the grid, which has helped address bottlenecks and improve supply hours in the affected areas. He stressed that production will gradually increase to compensate for the shortage in capacity and increase supply hours, especially in the central region.

Burathanews.com

The Turkish and Iranian currencies declined against the US dollar.

Both the Turkish lira and the Iranian toman fell against the US dollar in trading on Thursday morning.

The US dollar exchange rate against the Turkish lira reached approximately 40.65 liras for purchase and approximately 40.78 liras for sale, indicating the US currency’s growing momentum and the increasing pressure on the local currency that has extended over the past years.

The Iranian local currency also witnessed a further decline against the dollar, with the exchange rate reaching 93.800 tomans.

On August 10, the Iranian Shura Council approved a new bill to remove four zeros from the national currency, following its sharp decline in recent years due to financial sanctions imposed on the Iranian economy.

Iran took this step in an attempt to stabilize its economy after decades of hyperinflation and currency devaluation.

Shafaq.com

The Kremlin reveals final details of the upcoming Putin-Trump summit.

On Thursday, Russian presidential aide Yuri Ushakov revealed the final details of the program for the Russia-US summit between President Vladimir Putin and US President Donald Trump, which will be held at Elmendorf-Richardson Air Force Base in Alaska.

Ushakov, from the Kremlin, added that the meeting between Putin and Trump will begin on Friday at 10:30 p.m. Moscow time with a bilateral conversation attended by interpreters. The two presidents will first hold a bilateral meeting, followed by the participation of delegations.

He noted that the schedule for the meeting between Putin and Trump at Elmendorf-Richardson Air Force Base in Alaska has been agreed upon.

He added that following the meeting, Putin and Trump will hold a joint press conference for the media, explaining that Putin and Trump’s meeting near the burial site of Soviet pilots on the 80th anniversary of the Victory Day is a symbolic event.

Ushukov noted that the Russian delegation will return to Russia after the Alaska talks and will depart after completing the negotiations. He emphasized that the main topic of the meeting between Presidents Putin and Trump will be resolving the Ukrainian crisis.

He continued, “Cooperation between Russia and the United States has enormous potential, but it has not yet been exploited.”

The Kremlin reported that the Russian side will be represented in the talks by Presidential Aide Yuri Ushakov, Foreign Minister Sergei Lavrov, Finance Minister Anton Siluanov, and the head of the Russian Direct Investment Fund, Kirill Dmitriev.

Local media and sources reported that an Il-96 aircraft took off from Vnukovo Airport, heading to Elmendorf-Richardson Air Force Base in Anchorage, Alaska, amid speculation that it was carrying a “specialized preparatory team” for the upcoming summit.

US President Donald Trump announced on August 8 that he expected to meet with Russian President Vladimir Putin in Alaska on August 15. Russian presidential aide Yuri Ushakov subsequently confirmed the meeting plans.

He noted that the two leaders will focus on discussing options for a long-term peaceful settlement to the Ukrainian crisis.

Ushakov confirmed that the Kremlin expects the next meeting between Putin and Trump to take place on Russian soil.

Shafaq.com

Iraq joins oil-producing countries opposing “green fuel” regulations.

The Iraqi government announced on Thursday that it has joined the countries opposing the new “green fuel” regulation proposed by the International Maritime Organization.

Iraq has joined Bahrain, Iran, Kuwait, Saudi Arabia, the UAE, Venezuela, and Yemen in opposing the new “green fuel” regulation being developed by the International Maritime Organization, arguing that its current implementation would impose unjustified financial burdens on the shipping sector.

The eight countries submitted a joint memorandum last July, calling on member states to reconsider adopting the regulation, citing “ambiguity and gaps” in the proposed procedures, making it premature to proceed with implementation.

The new rules, scheduled for a final vote in October, aim to reduce greenhouse gas emissions from ships by 4% below 2008 levels by 2028, reaching 30% by 2035, with fines imposed on companies that fail to comply.

Iraq and its allies believe these regulations could raise marine fuel costs and increase pressure on the shipping sector, at a time when the availability of low-carbon fuels is expected to remain limited in the near term.

Shafaq.com