Central Bank Governor chairs meeting to restructure Rafidain Bank
Today, Monday, a meeting to restructure Rafidain Bank was presided over by Ali Mohsen Al-Alaq, the Governor of the Central Bank of Iraq.“The supervisory...
Former MP: Iraq’s financial sovereignty is lost because of Washington
Previous Money Council part Mohammed Al-Shabaki blamed Washington on Monday for controlling the oil incomes held in the US Central bank.In a statement to,...
Central Bank Governor comments on dollar exchange and foreign remittances
Ali Al-Alaq, governor of the Central Bank, discussed the value of remittances sent abroad and the value of the dollar.Al-Alaq said in a proclamation...
Iraqi State of Law predicts continued tenure of Acting Parliament Speaker
Mohsen al-Mandalawi will continue to be the Speaker of the Iraqi Parliament until the end of the current legislative term (the fifth session), as...
Iraq Central Bank places Zain Iraq Islamic Bank under guardianship
The guardianship of Zain Iraq Islamic Bank has been announced by the Central Bank of Iraq.The decision is based on "improper practices and unsatisfactory...
Parliamentary Committee Announces Return of Oil and Gas Law to Government
The return of the draft oil and gas law to the government was announced today, Monday, by the Parliamentary Oil, Gas, and Natural Resources...
US dollar climbs in Baghdad and Erbil
In the markets of Baghdad and Erbil on Monday, the US dollar gained value against the Iraqi dinar.According to a correspondent, the opening rate...
Anbar Alliance reveals possible scenarios for passing a new parliament speaker
On Monday, the head of the Unified Anbar Collusion, Mohammed al-Dulaimi, uncovered the potential situations for passing another speaker of the Place of Delegates."There...
Al-Sudani directs raising crude oil production to increase associated gas
Today, Sunday, Energy Minister Mohammed Shia al-Sudani issued a directive to increase crude oil production in order to boost associated gas production."Al-Sudani chaired the...
Parliamentarian on Personal Status Law: Objections have become few and we...
The Personal Status Law will be put to a vote during the upcoming sessions, according to MP Yasser Al-Husseini, who noted that many MPs...
Kuwait arrests two Iraqis embezzled $124 million
Haider Hanoun, the head of the Federal Commission of Integrity (COI), said on Thursday that two people with dual citizenship from Kuwait and Iraq...
Central Bank Governor: We will not reduce the dollar exchange rate...
Individual from the Parliamentary Money Panel, Ikhlas Al Dulaimi, affirmed that the Legislative head of the National Bank, Ali Al Alaq, affirmed that "there...
Iraqi News
Iraq’s Central bank denies US suspension of cash flows
The Central Bank of Iraq has pushed back on reports claiming the United States suspended dollar flows tied to Iraq’s oil revenues.Financial expert and...
Digital IQD Proposal targets $7-12bn Economic Gains
Cylinder Seal presents a very ambitious idea: use a digital Iraqi dinar not just as a payment tool, but as an engine to push...
Basrah crudes lead regional oil benchmarks
Iraq’s Basrah crude prices slipped slightly on Thursday, with both Basrah Heavy and Basrah Medium down about 0.5%.Basrah Heavy fell 56 cents to $111.94...
Al-Tamimi: Freezing Iraqi funds in New York violates sovereignty and contravenes international conventions.
Legal expert Ali al-Tamimi said reports about the US withholding Iraqi funds raise serious concerns about financial sovereignty and legal agreements governing those funds.He...
30 MPs in the Sudanese bloc threaten to withdraw if Al-Awadi is nominated for...
An informed source says tensions are rising inside Iraq’s Reconstruction and Development bloc over the choice of the next prime minister.According to the source,...