Al-Sudani: The Government’s Approach Is Based On Continuing The Path Of Building Iraq.
Local Prime Minister Mohammed Shia al-Sudani affirmed on Saturday that the government’s approach is based on completing the path of reform and continuing the path of building Iraq, in loyalty to the pure blood of the martyrs.
The Prime Minister’s media office said in a statement that “Prime Minister Mohammed Shia al-Sudani received members of the Loyalty to the Martyrs Association, which represents the families of Iraqi martyrs from several governorates.”
According to the statement, al-Sudani stated that “the value of sacrifice and martyrdom in our society and history laid the foundation for all the changes that occurred later, which extended to the confrontation with terrorism, just as it laid the foundation for the stability, social peace and economic development that we enjoy today.”
The Prime Minister pointed out that “dealing with the families of martyrs must be based on the values they represent to society in terms of determination and dignity, and not out of sympathy,” stressing that “the government’s approach is based on completing the path of reform and continuing the path of building Iraq, in loyalty to the pure blood of the martyrs that were shed before and after 2003, which aimed for a better future.”
Al-Sudani stressed that “the government is working to strengthen social cohesion in light of the developments taking place in the region, while preserving the legacy of the martyrs and striving to build a powerful Iraq that is inclusive of all communities.” https://economy-news.net/content.php?id=56735
Iraq’s Imports Amounted To $21 Billion In The First Quarter Of 2025.
Money and Business Economy News – Baghdad The Central Bank of Iraq announced on Saturday that Iraq’s imports for the first quarter of 2025 amounted to more than $21 billion.
The bank stated in its statistics that “Iraq’s imports amounted to $21 billion and 363 million,” indicating that “imports included both the government and private sectors.”
He added, “Government sector imports amounted to $1.377 billion, while private sector imports amounted to $19.985 billion.”
The bank indicated that “government imports included consumer imports, capital imports, petroleum product imports, other government imports, and currency printing,” while “private sector imports included consumer imports and capital imports.” https://economy-news.net/content.php?id=56727
Babylon receives the file for becoming Iraq’s industrial capital.
Saturday, June 28, 2025 Economic Number of readings: 92 Hillah/ NINA / Babylon Governor Adnan Fayhan Al-Dulaimi announced today, Saturday, the receipt of the Babylon file as the industrial capital of Iraq, to begin working with the federal government and create the necessary legislation and laws to officially declare Babylon the industrial capital of Iraq.
Fayhan said, “We meet today at a pivotal moment in Babylon’s history, to proudly announce the “Babylon, the Industrial Capital of Iraq” file, noting that this major national project restores Babylon’s leadership position not only in history and civilization, but also in the economy, production and industry.
He pointed out that Babylon, with its strategic location, distinguished human resources, and advanced infrastructure, is capable of being an integrated national industrial center and a strong competitor in various fields such as manufacturing industries, construction materials, food industries, energy, and others.
He explained that since taking over the management of the province, we have worked to develop and support industrial projects due to their importance in increasing national production and providing job opportunities for young people, stressing that this file would not have seen the light of day without the true cooperation between the public and private sectors, in addition to the deep belief that Iraq’s renaissance begins with its provinces, and that sustainable development can only be achieved through an integrated vision and seriousness in implementation.
Al-Dulaimi pointed out that the local government in Babylon is proceeding with all determination to prepare the investment environment and provide facilities for industrialists and investors, in order to transform this announcement into realistic projects that create job opportunities and revive the national economy. /End https://ninanews.com/Website/News/Details?key=1237926
The Dollar Recorded A New Decline As The Stock Exchange Closed In Baghdad.
Stock Exchange The dollar price fell in Baghdad markets on Saturday afternoon, as the stock exchange closed at the beginning of the week.
The dollar exchange rate fell at the close of trading on the Al-Kifah and Al-Harithiya stock exchanges, recording 141,100 dinars per $100. This morning, it reached 141,300 dinars per $100.
Selling prices at exchange offices in Baghdad’s local markets declined, with the selling price reaching 142,000 dinars for $100, while the buying price reached 140,000 dinars for $100. https://economy-news.net/content.php?id=56731
Iraqi Oil Prices In Global Markets
Economy | 09:26 – 06/28/2025 Mawazine News – Baghdad – Iraqi oil prices recorded a slight increase during daily trading on the global market on Saturday.
Basra Medium crude oil recorded $68.53 per barrel, while heavy crude oil recorded $65.53 per barrel, with a change of +1.11 for both.
The data also showed global oil prices, with British Brent crude recording $67.77 per barrel, while US West Texas Intermediate crude oil recorded $65.52 per barrel, with a change of +0.4 and +0.28, respectively. https://www.mawazin.net/Details.aspx?jimare=263177
Iraq, In Cooperation With The World Bank, Is Taking Steps To Address The Problem Of Air Pollution.
Local | 06/28/2025 Mawazine News – Follow-up: The Ministry of Environment announced, on Saturday, funding projects worth more than $58 million to combat pollution and confront climate change in Iraq. It also indicated that there is a proposed project with the World Bank to address the problem of air pollution in Baghdad, and indicated the existence of international cooperation to strengthen central laboratories and water and air monitoring programs.
Ministry of Environment spokesman Louay Al-Mukhtar said in a press statement that “the government has approved funding for the Integrated Management of Persistent Organic Pollutants and Contaminated Sites project at a value of $18.5 million for the years 2025-2031, in addition to the $40 million project to enhance resilience to climate change, which focuses on agricultural development and strengthening agricultural patterns in three governorates.”
He added, “The Council of Ministers also approved a set of strategies in various fields, most notably the National Pollution Reduction Strategy, the National Adaptation Plan, and the National Mitigation Plan.”
He pointed out that “the ministry has other important projects with United Nations organizations regarding strengthening national reserves and combating desertification, as well as initiatives to support afforestation inside and outside cities.”
He continued, “The ministry’s cooperation with UN organizations also includes implementing projects to strengthen and develop central laboratories, develop a water resources monitoring program, and strengthen air quality monitoring systems.” He indicated that “there is a proposed project with the World Bank to address the problem of air pollution in Baghdad.” https://www.mawazin.net/Details.aspx?jimare=263185
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