Al-Sudani: We Will Not Allow Iraq To Become Part Of The Arena Of Wars And Conflicts, And We Will Not Allow Anyone To Outbid Our Principles
Wednesday, July 9, 2025, | Politics Number of reads: 188 Baghdad / NINA / Prime Minister Mohammed Shia Al-Sudani stressed that Iraq will not be allowed to be part of the arena of wars and conflicts.
Al-Sudani said, during his visit to the host of the Emir of the Bani Hassan tribes in the Al-Haidariya district, Sheikh Hussein Ali Al-Muhammad Al-Hasnawi, and Sheikh Abdul Hadi Al-Hasnawi, the representative, in the holy Najaf Governorate: “Iraq is in the midst of a region rife with violence, and the war began there with the aggression launched by the Zionist entity against the Islamic nation.
The ongoing attacks in Gaza, Lebanon, Yemen, and the latest of which was on the Islamic Republic of Iran, oblige us to take our clear principled position, act wisely, and adhere to preserving the supreme interests of Iraq and Iraqis. We will not allow our country to be part of the arena of wars and conflicts.”
He added: “We will not allow any party or entity to outbid our principles, especially when talking about the rule of law that protects everyone, and the state, with its official institutions, is concerned with the decision of peace, war, or foreign relations,” stressing: “Restricting arms to the state is one of the fundamentals of building the state, and the government is proceeding according to a plan to achieve this goal.”
He continued: “Our program is consistent with the basic principles announced by the supreme authority, when it outlined a work plan for all those who assume responsibility, prioritizing support for the state and its sovereignty, through respect for the law and combating corruption.
We are continuing the process of building, developing, and rebuilding our country, with an equal and non-discriminatory view for all Iraqis, with their diverse spectrums.”
He continued: “It is time for the citizen to feel that the state, with all its institutions, provides services and implements the law. Today, we launched the executive work to expand the Najaf refinery, reaching a refining capacity of 90,000 barrels/day, and we will soon begin building the additional hydrogenation units.”
Al-Sudani met with sheikhs and dignitaries of the district, and the general public, and was informed of their living and social conditions, and received their requests and needs.
He thanked the Bani Hassan tribes for the kind invitation and presence among our people in the Al-Haidariya district, which constitutes the intermediate station on the path of visitors and a shelter for all visitors of Abu Abdullah Al-Hussein (peace be upon him) during the days of the dictatorial regime, and today they serve his visitors, stressing that his visit to the holy Najaf Governorate is a continuation of the implementation of the government’s program and a confirmation of the title of the government of services, as all governorates are witnessing today service projects that are compatible with the hopes and sacrifices of the Iraqis. /End https://ninanews.com/Website/News/Details?key=1239869
Among Them Is Iraq.. Four Arab Countries Possess More Than A Thousand Tons Of Gold Reserves.
Economy | 09/07/2025 Mawazine News – Follow-up The World Gold Council announced on Wednesday that Iraq and four other Arab countries together possess more than 1,000 tons of global gold reserves.
In its latest table for July, reviewed by Mawazine News, the council stated that “the top five Arab countries, namely Saudi Arabia, Lebanon, Algeria, Iraq, and Libya, possess a combined 1,092.9 tons of gold,” indicating that “the remaining Arab countries listed, namely Egypt, Qatar, Kuwait, Jordan, the UAE, and Syria, possess a combined 495.3 tons.”
It added that “Iraq maintained its 29th global ranking out of 100 countries listed in the table, as its gold holdings amount to 162.7 tons, representing 16.8% of its remaining reserves.”
The council noted that “the United States of America tops the list of the world’s largest gold holders, with 8,133 tons, followed by Germany with 3,350 tons, then Italy with 2,451 tons, while Iceland and Hong Kong came in last with holdings of 2.1 and 2 tons, respectively.”
It is worth noting that the World Gold Council, headquartered in the United Kingdom, includes among its members the world’s largest gold mining companies and has extensive experience and in-depth knowledge of the factors affecting global gold markets. https://www.mawazin.net/Details.aspx?jimare=263650
Iraq Is The Third Arab Country In Terms Of Refinery Production.
Wednesday, July 9, 2025, | Economic Number of readings: 110 Baghdad/ NINA / Iraq ranked third in the Arab world in the list of refinery production of petroleum products in 2024, according to data from the Energy Research Unit.
The data showed that global refinery production increased by 807,000 barrels per day during the past year, reaching 93.631 million barrels per day, compared to 92.823 million barrels per day in 2023.
Saudi Arabia continued to lead the Arab countries in terms of refinery production, followed by Kuwait in second place, while Iraq rose to third place after surpassing the UAE, which witnessed a decline in its production.
Iraq recorded an increase in refinery production in 2024 by 60,000 barrels per day, reaching 988,000 barrels per day, compared to 928,000 barrels per day in 2023.
The UAE ranked fourth in the Arab world, followed by Algeria, then Egypt, Qatar, while Libya came at the bottom of the list. /End https://ninanews.com/Website/News/Details?key=1239858
The Dollar Exchange Rate Against The Dinar Remains Stable In Local Markets.
Wednesday, July 9, 2025, | Economic Number of reads: 184 Baghdad / NINA / The dollar prices stabilized in the markets of Baghdad and Erbil governorates, on Wednesday.
The exchange rates recorded stability in the Al-Kifah and Al-Harithiya stock exchanges, recording 141,250 dinars for every $100.
The selling prices stabilized in exchange shops in the local markets in Baghdad, as the selling price reached 142,250 dinars for every $100, while the purchase price reached 141,000 dinars for every $100.
In Erbil, the dollar also recorded stability, as the selling price reached 142,300 dinars for every $100, and the purchase price was 141,000 dinars for every $100. /End https://ninanews.com/Website/News/Details?key=1239837
Gold Prices Decline In Baghdad And Erbil Markets.
Wednesday, July 9, 2025, Economic Number of readings: 145 Baghdad / NINA / The prices of foreign and Iraqi gold decreased on Wednesday in the local markets of the capital, Baghdad, and Erbil.
The selling prices of gold in the wholesale markets on Al-Naher Street in Baghdad this morning were recorded at 651 thousand dinars per mithqal of 21-karat Gulf, Turkish and European gold, with a purchase price of 647 thousand dinars.
The selling price of one mithqal of Iraqi 21-karat gold was recorded at 621 thousand dinars, while the purchase price was 617 thousand.
As for the goldsmiths, the selling price of one mithqal of 21-karat Gulf gold ranged between 655 and 665 thousand dinars, while the selling price of one mithqal of Iraqi gold ranged between 625 and 635 thousand dinars.
In Erbil, prices also witnessed a decrease, as the selling price of 22-carat gold reached about 684 thousand dinars, 21-carat gold reached 653 thousand dinars, while the selling price of 18-carat gold reached about 560 thousand dinars. /https://ninanews.com/Website/News/Details?key=1239845
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