'IOCs Demand Written Agreements, Payment Surety', APIKUR Spokesperson

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Speaking exclusively to Kurdistan24, Caggins laid out APIKUR’s conditions, stressing that without clear, binding agreements, international oil companies will not proceed with production and exports.

If you'd like to support My FX Buddies: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.paypal.com/paypalme/tishwash Caggins illustrated the issue with a simple analogy: “I was at a restaurant in Zakho a couple of days ago, and I had breakfast. The restaurant owner understood that if he gave me chai, I was going to pay him in Iraqi dinar. It’s the same concept. If our companies are producing oil, they need to know how and when they will get paid.”

Central Bank: Achieved international integration by linking the Iraqi electronic payment system to global networks

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The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that the financial inclusion rate has risen to more than 40 % , noting that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks. He pointed out that "the number of permanent wallets reached 1.2 million wallets, and we achieved international integration by linking the Iraqi electronic payment system to global payment networks, which allows the transformation of accepting foreign cards locally and expanding the acceptance of Iraqi cards internationally," adding that "the achievements made in the field of information technology and electronic payments in the Central Bank represent a fundamental shift in the financial system."

Central Bank: Achieved international integration by linking the Iraqi electronic payment system to global networks

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The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that the financial inclusion rate has risen to more than 40 % , noting that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks. He pointed out that "the number of permanent wallets reached 1.2 million wallets, and we achieved international integration by linking the Iraqi electronic payment system to global payment networks, which allows the transformation of accepting foreign cards locally and expanding the acceptance of Iraqi cards internationally," adding that "the achievements made in the field of information technology and electronic payments in the Central Bank represent a fundamental shift in the financial system."

Central Bank: Achieved international integration by linking the Iraqi electronic payment system to global networks

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The Governor of the Central Bank of Iraq, Ali Al-Alaq, announced today, Wednesday, that the financial inclusion rate has risen to more than 40 % , noting that the bank has achieved international integration by linking the Iraqi electronic payment system to global networks. He pointed out that "the number of permanent wallets reached 1.2 million wallets, and we achieved international integration by linking the Iraqi electronic payment system to global payment networks, which allows the transformation of accepting foreign cards locally and expanding the acceptance of Iraqi cards internationally," adding that "the achievements made in the field of information technology and electronic payments in the Central Bank represent a fundamental shift in the financial system."

Our relationship with America will become stronger with an initiative that Al-Sudani will announce soon..

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With the change of administration in Washington, many observers expected uncertainty regarding US policy in the Middle East, especially towards Iraq. US President Donald Trump’s priorities clearly focused on domestic issues such as immigration, economic reform, and corporate repatriation. However, his appointment of strong leaders to key foreign policy positions indicated a continued focus on maintaining US influence abroad in general, and in the Middle East in particular.

Governor of the Central Bank of Iraq meets an official delegation from the United States

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His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, received Mr. Steve Lutes, Vice President of the US Chamber of Commerce and Chairman of the US-Iraq Business Council, and his accompanying delegation in Baghdad. During the meeting, they discussed banking and economic relations between the two countries and the upcoming visit of the Central Bank of Iraq delegation to Washington and their meeting with the US Chamber of Commerce and American companies next April. The meeting discussed the desire of American companies to invest in the energy, infrastructure and modern technology sectors and to invest in the security stability witnessed by Iraq.

President of the Republic reviews Iraq's long-term economic development plan in Davos

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Today’s session, entitled “Towards a more stable land through land reclamation,” focuses on a critical global challenge: land degradation. 40% of the world’s land has lost its fertility, threatening the stability of our economic and social environments. This phenomenon has caused a decline in agricultural productivity, pollution of waterways, and increasing and accelerating drought, putting economies and livelihoods around the world at risk.

Counterfeit currency enters Iraq.. Al-Aasam reveals shocking information

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Al-Aasam explained to “Jarida Platform” that this currency, which was discovered to be counterfeit, was recently circulated in local markets, suggesting that it may have arrived from outside the borders, as “there are no internal capabilities or laboratories to counterfeit the currency.” Al-Aasam added, “This operation aims to withdraw foreign currency, especially the dollar, from the Iraqi markets, through the circulation of counterfeit currency. If these papers reach the Central Bank, they will be destroyed immediately, which will have a significant negative impact on the Iraqi economy."

Liquidity crisis in Iraq is "worsening".. 70% of money is hoarded in homes link to My FX Buddies Blog https://www.myfxbuddies.com/2025/01/l...

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Al-Tamimi said in an interview with Baghdad Today, "The lack of liquidity is something we expected two years ago, and we warned about it repeatedly, especially with citizens continuing to hoard money inside their homes instead of depositing it in government or private banks, in addition to the absence of real investments for frozen money.

With the beginning of the new year, the US dollar enters a new phase in Iraq

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US dollar dealers in Iraq are awaiting the arrival of the new year 2025, which is now approaching and will end the work of the electronic platform for monitoring the movement and transfer of currencies outside the country, according to what the Central Bank of Iraq announced. Financial and banking experts consider the suspension of the dollar selling platform by the Central Bank of Iraq a “bold step” as it has multiple economic and regulatory dimensions, but on the other hand, the suspension of the platform may open the door to new challenges. Experts confirm that the success of this decision depends largely on how it is implemented. If the Central Bank is able to provide strong regulatory alternatives and ensure comprehensive awareness for traders and importers, it may be able to achieve the desired goals of this step.