Prime Minister: Iraq Is Moving Towards Full Independence And Preserving Its National Unity.
Buratha News Agency 10 3 2025 Prime Minister Mohammed Shia al-Sudani affirmed today, Friday (October 3, 2025), that Iraq is moving towards full independence and preserving its national unity.
“We extend our sincere congratulations and best wishes to all Iraqis on the occasion of Iraqi National Day, which falls on October 3 of each year, marking the 93rd anniversary of our country’s membership in the highest international body recognized by all countries and peoples of the world,” Al-Sudani said in a statement.
Al-Sudani explained, “This day embodies the entity of the modern Iraqi state, and all that its contemporary existence carries in terms of historical, civilizational, and cultural meanings for our beloved Iraq, and for our noble people with all their fraternal spectrums, and with all their deep historical reach and what they have offered to humanity on its journey towards civilization, that journey that began in the land between the two rivers.”
He added, “Throughout their modern history, Iraqis have faced many challenges and struggles, both during the early days of the founding of the present Iraqi state and during their fight against dictatorship,” noting that “they have offered hundreds of thousands of martyrs along the way so that Iraq may attain its independence and full sovereignty.”
Al-Sudani pointed out that “since we assumed our executive duties as Prime Minister, we have been keen to protect Iraq and its constitution, preserve its sovereignty, protect its wealth, and achieve prosperity and economic strength for our people.
We have also worked diligently and sincerely to ensure that Iraq is placed first in our endeavors and efforts, and that it takes its rightful place regionally and internationally.”
He continued: “Glory to Iraq and its people, and mercy and blessings to all our martyrs on the path to Iraq’s freedom, independence, and sovereignty.” https://burathanews.com/arabic/news/466007
Source: Jordan Investment Bank Close To Managing Iraqi Gulf Commercial Bank
September 29, 2025 Al-Mustaqilla/- Exclusive sources revealed to Al-Mustaqilla a remarkable investment move linking the Jordanian banking sector with its Iraqi counterpart.
Information indicates that the Arab Jordan Investment Bank is preparing to enter into a strategic partnership with the Iraqi Gulf Commercial Bank in the near future.
According to the source, the first phase of this partnership will see the management of the Gulf Commercial Bank assumed by an administrative team and financial experts from the Arab Jordan Investment Bank, within a specific timeframe aimed at strengthening the administrative and financial structure of the Iraqi bank.
According to the preliminary agreement, this phase will extend for approximately two full years, during which the focus will be on developing banking systems, enhancing the efficiency of financial services, and attracting new capital to support the bank’s activities in the Iraqi market.
The source indicated that this step represents the first stage toward a potential acquisition, as the undisclosed agreement includes a clause allowing the Arab Jordan Investment Bank to gradually increase its stake, eventually leading to the full purchase of the Gulf Commercial Bank, should the partnership prove successful and achieve the desired goals in terms of profits and financial stability.
Economists believe that this transaction may reflect a new trend in economic relations between Iraq and Jordan, as Jordanian banks seek to expand their presence in the Iraqi market,
which is witnessing growing demand for advanced financial and banking services.
Observers also expect this deal to contribute to raising the level of competition among Iraqi banks and encouraging more foreign investment in the local financial sector.
These moves indicate that the next two years may witness a significant transitional phase in the structure of the Gulf Commercial Bank, opening the door to enhanced banking cooperation between the two countries and providing the Iraqi market with an additional impetus toward modernization and openness to regional expertise.
https://mustaqila.com/مصدر-بنك-الاستثمار-الأردني-يقترب-من-إد/
Iraqi Oil Prices Continue To Decline In Global Markets.
Energy Iraqi oil prices recorded a decline during daily trading on Friday (October 3, 2025) in the global market. According to data, Basra Medium crude fell to $65.74 per barrel, while Basra Heavy crude recorded $64.19 per barrel, with a change rate of -1.11 for both.
Regarding global oil prices, British Brent crude recorded $64.64 per barrel, while US West Texas Intermediate crude recorded $61.09 per barrel, with a change rate of +0.52 and +0.53, respectively. https://economy-news.net/content.php?id=60664
The First Shipment Of Kurdistan Region Oil Was Sold Through The Port Of Ceyhan After The Resumption Of Exports.
Thursday, October 2, 2025, | Economics Number of readings: 88 Baghdad / NINA / Oil Minister Hayan Abdul Ghani announced the sale of the first shipment of Kurdistan Region’s oil, after the resumption of exports, through the Turkish port of Ceyhan on Thursday afternoon.
Abdul Ghani told the Kurdish media network, Rudaw: “At 12:00 noon today, the first shipment of oil from the Kurdistan Region was sold and left the port of Ceyhan.”
The Oil Minister explained: “The ship was carrying 650,000 barrels of oil,” noting: “The oil exported through pipelines is collected daily in the tanks of Ceyhan port and is exported in stages.”
It is noteworthy that on September 25, an agreement was announced between the central government and the Kurdistan Regional Government to resume the export of the region’s oil through the Turkish port of Ceyhan. At dawn on Saturday, September 27, 2025, the export of the region’s oil through pipelines resumed, after it was halted at the end of March 2023. https://ninanews.com/Website/News/Details?key=1254977
Gold Is Heading For Gains For The Seventh Consecutive Week.
Stock Exchange Gold steadied on Friday, heading for its seventh consecutive weekly gain, supported by expectations of a US interest rate cut and continued concerns over the US government shutdown.
Spot gold settled at $3,851.48 per ounce, after hitting an all-time high of $3,896.49 in the previous session. The precious metal has gained 2.5 percent so far this week.
US gold futures for December delivery rose 0.2 percent to $3,875.50.
The US government shutdown extended into a second day on Thursday, potentially delaying key economic data, including the closely watched nonfarm payrolls report, scheduled for release on Friday. https://economy-news.net/content.php?id=6066
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