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Al-Sudani targets price gouging amid stable USD
Al-Sudani targets price gouging amid stable USD

Shafaq News

time3 days ago

  • Business
  • Shafaq News

Al-Sudani targets price gouging amid stable USD

Shafaq News/ On Monday, Iraqi Prime Minister Mohammed Shia' Al-Sudani ordered official agencies to crack down on price manipulators, targeting food, medicine, bakeries, and flour mills. Highlighting the stable dollar-to-dinar exchange rate, he accused some companies and traders of exploiting prices or refusing to adjust them despite market stability. Al-Sudani urged regulators to work closely with the ministries of Commerce, Agriculture, and Health to enforce steady pricing on essential goods critical to everyday life. The US dollar has seen a gradual decline in recent weeks. As of Monday, it traded at 142,750 IQD per $100 on local currency exchanges.

Prime Minister: The time has come to launch a unified Arab initiative
Prime Minister: The time has come to launch a unified Arab initiative

Iraqi News

time08-05-2025

  • Politics
  • Iraqi News

Prime Minister: The time has come to launch a unified Arab initiative

Baghdad-INA The Prime Minister, Mohammed Shia' al-Sudani, confirmed on Thursday, that the upcoming Arab Summit, to be held in Baghdad on May 17th, is a starting point for an effective and comprehensive Arab cooperation system. Prime Minister Mohammed Shia' Al-Sudani, in a press article, stated:"Baghdad hosts the Arab Summit at an exceptional moment in the history of our region—a moment marked by profound transformations, ongoing conflicts, and complex regional challenges. Yet, as Baghdad welcomes Arab leaders, it does not view this merely as a ceremonial gathering, but rather as a pivotal milestone and a historic opportunity to revitalize the vision of joint Arab action, reclaim leadership, and reaffirm the Arab world's position not as an arena of contest, but as an active and influential force on the global stage." He added, 'Our government has navigated through a complex phase marked by significant regional challenges, including the multifaceted pressures imposed by the Gaza war on Arab countries, whether politically, publicly, or diplomatically. We moved from fragility to cohesion through ambitious developmental policies, fueled by widespread sympathy and security considerations.' The Prime Minister highlighted that 'the Arab Summit in Baghdad comes within a transformative context, where the Iraqi national will aligns with the broader Arab hope to overcome differences and embark on building an effective and comprehensive Arab cooperation system,' noting that 'today, we need a responsible Arab discourse, grounded in political realism, and which understands that solidarity does not mean uniformity, but rather respecting particularities within the unity of purpose and destiny.' He continued, 'Iraq believes that enhancing Arab action begins with strengthening relationships between Arab capitals, from the Gulf to the Atlantic, based on mutual respect, non-interference in internal affairs, activating frank and constructive dialogue, and unifying positions on international issues.' The Prime Minister further emphasized, 'The Arab world's strategic geographical location, its vast resources, its ambitious youth, and its rich cultural heritage collectively provide it with tremendous potential to transform into an independent and balanced power on the international stage.' He continued, 'The challenges we face, from repeated Zionist aggression on Gaza, the West Bank, Lebanon, and Syria, to internal divisions within some Arab countries, to regional and international interventions, threaten not only the security of these peoples but also our collective will as a nation.' He stressed, 'The time has come to launch a unified Arab initiative that transcends the humanitarian dimension to support the building of a national state based on the constitution, dignity, and diversity.' He added, 'At a time when active international engagement on behalf of the region's peoples is lacking, it becomes even more crucial for us to have a comprehensive Arab developmental strategy. Hence, Iraq calls for the adoption of an integrated economic approach to address developmental disparities and enhances the collective ability to confront crises in food, energy, and supply chains.' He reaffirmed that 'the Development Road project, which is nearing completion, is a practical model for this direction and could serve as a cornerstone for genuine Arab partnerships.' He noted that 'Iraq does not see itself as a solitary player but believes that its true role lies in bringing together its Arab brothers, restoring trust in Arab cooperation institutions, and laying the foundation for a new era of political and economic partnership.' He pointed out that 'Arab national security is indivisible and cannot be achieved without genuine cooperation, balanced policies, and strong institutions that protect the supreme interests of the nation.' The Prime Minister clarified, 'Today, we are not only rebuilding Iraq, but we are also participating in redefining the Middle East through a balanced foreign policy, conscious leadership, developmental initiatives, and strategic partnerships.' He extended a call from Baghdad to all Arab capitals: 'It is time for us to begin anew, on a new foundation, with a new methodology, and with a new will.' He concluded by saying, 'Baghdad, the capital of Arab thought and shared history, opens its arms to the Arab Summit, confident that what unites us is greater than what divides us, and that we have a precious opportunity to shape a more cohesive and dignified future for our peoples.'

Sudani, anti-ISIS coalition commander discuss transition to bilateral security ties
Sudani, anti-ISIS coalition commander discuss transition to bilateral security ties

Rudaw Net

time24-04-2025

  • Politics
  • Rudaw Net

Sudani, anti-ISIS coalition commander discuss transition to bilateral security ties

Also in Iraq Iraqi FM visits US as Baghdad eyes new security partnerships amid regional shifts One dead in Kirkuk due to Congo fever Iraq, France FMs discuss regional stability, security ties Rising profile of Iraqi cardinal as papacy candidate stirs debate in Iraq A+ A- ERBIL, Kurdistan Region - Iraqi Prime Minister Mohammed Shia' al-Sudani on Thursday received Major General Kevin Leahy, commander of the US-led coalition against the Islamic State, for talks on security cooperation and the threat posed by the remnants of the extremist group, according to a statement from the Iraqi government. The statement from Sudani's office said that during the meeting, the prime minister was briefed 'on the overall security situation and the latest movements of ISIS terrorist groups.' They discussed 'strengthening cooperation between Iraq and the coalition member states in light of the ongoing transition toward bilateral security partnerships,' with a focus on 'training, intelligence sharing, and exchanging expertise with Iraqi security forces,' the statement added. The two sides also 'reaffirmed the importance of the strategic relationship between Iraq and the United States amid ongoing regional challenges.' The meeting comes as Iraqi Foreign Minister Fuad Hussein traveled to the United States on Thursday to explore deeper bilateral ties and address regional and international developments, as Baghdad seeks new security partnerships with member states of the global coalition. The global coalition was established in response to ISIS's rapid territorial expansion in Iraq and Syria in 2014, following a formal request from the Iraqi government for international assistance. In September 2024, Baghdad and Washington jointly announced an agreement to end the mission of the coalition in Iraq by September 2025. Sudani last week stressed that the situation in Iraq is now vastly different from 2014. 'Iraq in 2023 and 2024 is not the same as it was in 2014, when it requested assistance,' he said, emphasizing Baghdad's push for bilateral security arrangements with coalition members.

Iraqi Government Stresses Importance of Improving Work Environment for Oil Companies
Iraqi Government Stresses Importance of Improving Work Environment for Oil Companies

Saba Yemen

time21-04-2025

  • Business
  • Saba Yemen

Iraqi Government Stresses Importance of Improving Work Environment for Oil Companies

Baghdad - Saba: Iraqi Prime Minister Mohammed Shia' Al-Sudani emphasized the importance of improving the work environment for oil companies operating in Iraq on Sunday, directing a reassessment of the licensing rounds' experience. This came during Al-Sudani's chairmanship of a meeting with representatives of major foreign oil companies operating in Iraq, attended by the Minister of Oil, relevant ministry officials, the Federal Board of Supreme Audit, the General Tax Authority, and the Employment Directorate of the Ministry of Labor and Social Affairs. During the meeting—the second of its kind, according to Russia's RT channel—several key issues were discussed, including mechanisms to halt gas flaring and optimize its utilization, water injection strategy, growth of investment in the oil sector, as well as work permits and social security. Whatsapp Telegram Email Print more of (International)

PM announces completing of the 1,000 Schools Project Under the Iraq-China Agreement
PM announces completing of the 1,000 Schools Project Under the Iraq-China Agreement

Iraqi News

time05-04-2025

  • Politics
  • Iraqi News

PM announces completing of the 1,000 Schools Project Under the Iraq-China Agreement

Baghdad-INA Prime Minister Mohammed Shia' Al-Sudani inaugurated today, Saturday, via video conference, 210 model schools across various Iraqi provinces, and announced the full completion of the 1,000-schools project implemented under the Iraq-China agreement. According to a statement from the Prime Minister's Media Office received by the Iraqi News Agency (INA), 'Prime Minister Mohammed Shia' Al-Sudani inaugurated, via video conference, 210 model schools in different provinces of Iraq as part of the Iraq-China agreement.'

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