Create a website and e-mail for all licensed (A,B) exchange companies

October 06, 2021

The Central Bank of Iraq decided that all authorized exchange companies, category ( A , B ), establish an official website on the national scale ( iq ) and establish an official email on the same domain, for the requirements of the work interest and for the purpose of organizing the context of procedures in your companies in a more modern manner and to ensure communication with this Bank and present the results to the public, and companies should provide us with their addresses and as soon as possible.


Please consider a donation to help keep S4D open.

Thank you for all who support!!!

Any donation helps!!

S4D has been providing articles on the rebuilding of Iraq, and it’s currency since 10/2014. 

We are thankful to all who follow and we have been more than happy to continue to provide these articles from Iraq and abroad.

We have placed the PayPal link on the right sidebar & below.

Twitter : @Search4Dinar1

Thank you for all your support!

Iraq and the UAE sign a contract to build 5 solar power plants

2021.10.06 – 18:54
Iraq and the UAE sign a contract to build 5 solar power plants

Baghdad – people  

On Wednesday, Iraq and the UAE signed a contract to build 5 solar power plants, under the patronage and presence of Prime Minister Mustafa Al-Kazemi.  

“Nas” channel on Telegram.. our latest updates  

Al-Kazemi’s media office said in a statement, “Nass” received a copy of it, (October 6, 2021), that, “Today, Wednesday, under the patronage and presence of Prime Minister Mustafa Al-Kazemi, a signing ceremony took place for the construction of five power plants using solar energy, between the Ministry of Electricity and the National Investment Authority on the Iraqi side, and the Abu Dhabi Future Energy Company (Masdar) on the UAE side, as part of the first phase, which will include the production and generation of 1,000 megawatts out of a total capacity of 2,000 megawatts.  

The statement added, “This step comes as the first practical stages taken by the government to rely on alternative, clean, and renewable energies in the production of electrical energy, and to meet Iraq’s energy needs.”  

The statement continued, “The signing ceremony was attended on the Emirati side by the Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei, while the Iraqi side was represented in the contract, the head of the National Investment Authority, Suha Daoud Najjar, and the Director General of the Investments and Contracts Department at the Ministry of Electricity, Maha Hammoudi, and from the Emirati side, the Executive Director of the Company Abu Dhabi Future Energy (source) Mohammed Jamil Al Ramahi.  


Comment from Washington on next Sunday’s elections in Iraq

political| 07:45 – 06/10/2021


Baghdad – Mawazine News

On Wednesday, US Secretary of State Anthony Blinken said that the elections scheduled to be held in Iraq on October 10, are a “critical opportunity for voters to decide their future.”
“Today, I joined 11 Secretaries of State in recognizing Iraq’s early October 10 elections as a critical opportunity for voters to decide their own future,” Blinken wrote on Twitter.
He added that international partners “mobilized significant resources to enhance the integrity of the Iraqi elections.”
This follows a statement issued by 12 countries, namely the United States of America, the United Kingdom of Great Britain, Germany, Italy, the Netherlands, New Zealand, Norway, Sweden, Denmark, Finland, Canada and Australia, in which they welcomed the preparations of the Electoral Commission in Iraq to hold the elections on October 10, and that it is an opportunity for Iraqi voters to decide their future. democratically. Ended 29/R77

Dana Gas receives $131 million from Kurdistan Region


Economy News _ Baghdad

Dana Gas announced that the total cash received in Egypt and the Kurdistan region of Iraq during the first nine months of this year amounted to $256 million (938 million dirhams), representing an increase of 102% on an annual basis, compared to $127 million (466 million dirhams). million dirhams) during the same period last year.

The share of Dana Gas, which owns a 35% stake in Pearl Petroleum (Pearl), in cash payments received from sales of condensate, LPG and gas in the Kurdistan Region of Iraq increased by 77% to $131 million (AED 480 million) during the first nine months From 2021, compared to $74 million (271 million dirhams) during the same period last year. In Egypt, Dana Gas received $125 million (458 million dirhams) during the first nine months of this year, an increase of 136 percent compared to $53 million (195 million dirhams) during the same period in 2020.

Dr. Patrick Allman-Ward, CEO of Dana Gas, said: “We are pleased with the improvement in the level of cash payments during the current year, supported by the strong recovery in oil prices. Continuity of timely cash payments and settlement of overdue payments gives us confidence to move forward with our expansion plans in the Kurdistan Region of Iraq and Egypt.

The Khor Mor 250 project is the first phase of an expansion project that includes the construction of two new gas processing lines with a capacity of 250 million cubic feet per day at the Pearl Petroleum facility in Khor Mor. This will raise the total gas production from the project to nearly one billion cubic feet per day. Pearl Petroleum had recently signed a $250 million financing agreement with the American International Development Finance Corporation, to contribute to the financing of the expansion work in the Khor Mor gas field in the Kurdistan Region of Iraq, where construction works are progressing according to the schedule set to complete the project by April 2023.

Iraq maintains its 39th position in the world as the largest gold reserve


Economy News _ Baghdad

The World Gold Council announced, on Wednesday, that Iraq maintained its 39th position globally for the third month in a row and the fifth in the Arab world as the largest gold reserve in the world, indicating that Iraq did not buy or sell any amount of gold during this period.

The council said in its latest table for the month of October of 2021, which was reviewed by Al-Iqtisad News, that “Iraq maintained its position of 39 globally for the third month in a row out of the 100 countries listed in the table with the largest gold reserves, bringing its gold holdings to 96.3 tons, which represents 9.3% of the total gold reserves. The rest of his other precautions.”

He added, “Iraq has maintained its fifth rank in the Arab world after Saudi Arabia, Libya, Algeria and Lebanon,” noting that “Iraq has not bought gold since September of the year 2020, when it bought a small amount of 0.1 tons, while it bought 6.5 tons in September 2018, while it Using 0.1 tons of these reserves for internal purposes.”

The Council indicated that “the central banks of the countries bought 30 tons of gold, as India (12.9 tons), Uzbekistan (8.7 tons), Kazakhstan (5.3 tons) and Turkey (2.8 tons) to their gold reserves, while the total sales amounted to less than two tons, as Qatar recorded the largest decrease in gold reserves by 0.9 tons.

The US State Department issues an important joint statement on Iraq’s early elections

  • Time: 10/06/2021 17:28:45
The US State Department issues an important joint statement on Iraq's early elections

{International: Al Furat News} The US State Department issued, on Wednesday, an important joint statement on Iraq’s early elections. 

The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. To subscribe, click here

In the text of the joint statement, Al Furat News received a copy of it, “by the governments of Australia, Canada, Denmark, Finland, Germany, Italy, the Netherlands, New Zealand, Norway, Sweden, the United Kingdom and the United States as follows:
The Foreign Ministers of Australia, Canada, Denmark, Finland, Germany, Italy, the Netherlands, New Zealand, Norway, Sweden and the Minister The UK Foreign and US Secretary of State prepares the Independent High Electoral Commission of Iraq to hold elections on October 10. These snap elections are an opportunity for Iraqi voters to democratically decide their future.
We recognize the importance of this moment in Iraqi history. In response to the demands of the Iraqi people, Significant resources were mobilized to support free and fair elections.
In May 2020, the UN Security Council strengthened the mandate of the United Nations Assistance Mission for Iraq (UNAMI) to assist in the elections. The resulting UNAMI Electoral Assistance Mission mandated to support the Independent High Electoral Commission is the largest of its kind in the world, with five times the number of UN officials present during the 2018 elections.
In late 2020, Iraqis coalesced around the idea that international monitoring would be a prerequisite for the legitimacy of elections. Accordingly, the Government of Iraq submitted a request to the UN Security Council. On May 27, 2021, the UN Security Council unanimously adopted Resolution (2576), which authorized the election monitoring team of the United Nations Assistance Mission for Iraq. On June 21, 2021, the European Union announced a separate election observation mission, which now includes a large number of experts from EU member states. The two missions have already deployed observers and monitors, respectively.
These two missions represent a well-intentioned international effort to meet the demand of Iraqis and promote the integrity of the elections.
The Iraqi people now have the opportunity to exercise their basic right to vote. We support the Iraqi government’s efforts to ensure a safe, free, fair and inclusive electoral environment for all Iraqis, including women and youth who have often faced violence and intimidation in their pursuit of reform.
Likewise, we support the Iraqi government’s efforts to ensure the safe participation of internally displaced persons in elections, and we call on all parties to respect the rule of law and the integrity of the electoral process.

Including Al-Kazemi.. Muqtada Al-Sadr puts four names on the table to head the next government

politicsHassan Al KaabibreakingMuqtada al-SadrJaafar Al-SadrMustafa Al-KazemiPrime ministerNassar Al-Rubaie 2021-10-06 09:39A-AA+

Shafaq News/ Shafaq News Agency learned on Wednesday that the leader of the Sadrist movement, Muqtada al-Sadr, had identified four “Sadrists” names to head the next Iraqi government, including Prime Minister Mustafa al-Kadhimi, in the event that the Sadrist bloc wins the highest percentage of the vote.

A close associate of the leader of the Sadrist movement told Shafaq News Agency that the most likely candidates to win al-Sadr’s nomination to head the government are Iraq’s ambassador to Britain Jaafar al-Sadr, Deputy Speaker of Parliament Hassan al-Kaabi, and Sadrist leader Nassar al-Rubaie, along with the current Prime Minister Mustafa al-Kazemi, who has chest support.

The source added, “The matter depends on the Sadrist bloc obtaining a number of seats authorized to form a government.”

The “Sadr bloc” participates in the elections to be held on the tenth of October, and it seeks, through 100 candidates distributed in all governorates and cities of the country, to obtain the largest possible number of seats that will lead to the chair of the government.

The Independent High Electoral Commission had earlier announced its readiness to hold elections in all governorates of Iraq; The special ballot will be held next Friday, while the next Sunday is scheduled for general voting.

The Sadr-backed “Sairoon” coalition led the last parliamentary elections in 2018, with 54 seats out of 329.

Al-Halbousi: Tomorrow the fourth session of Parliament ends

political| 03:25 – 06/10/2021


Baghdad – Mawazine News

The Speaker of Parliament, Muhammad Al-Halbousi, announced, on Wednesday, the end of the fourth session of Parliament, tomorrow, Thursday.

Al-Halbousi said in a tweet followed by Mawazine News, “Because it was the Iraqis’ choice, it was early elections. Thank you to our great people, who affirmed their civilization with their conscious choices and their determination to face challenges, and thanks to my brothers and sisters, members of the Council, for everything they provided during the period of their responsibility.”
He added, “Tomorrow the fourth parliamentary session ends, and the people will choose their representative on the tenth of October, to start again in a promising phase, with God’s help,” expressing his hope for “wide participation in the electoral wedding in line with the necessities of the future that Iraqis aspire to.” Ended 29/R77

A war that resolves the controversy of entering the country with a constitutional vacuum tomorrow

political| 01:55 – 06/10/2021


Special – Mawazine News
, the legal expert, Tariq Harb, resolved, on Wednesday, the controversy of entering the country with a constitutional vacuum, tomorrow, Thursday, with the end of the work of the House of Representatives for the current session.
Harb told Mawazine News, “There is no constitutional vacuum that the country can enter tomorrow, but by noon, the immunity of the current deputies will be lifted.”
He added, “With the dissolution of the House of Representatives and the lifting of immunity, the government will turn into a caretaker.”
The Parliamentary Legal Committee confirmed, on Wednesday, that the House of Representatives does not need to hold a session to dissolve itself, as it previously voted to dissolve Parliament on the seventh of October (which coincides with tomorrow, Thursday), provided that the elections take place on time.
Committee member, Rashid Al-Azzawi, said:
He added that “the results of the elections will be announced within 24 hours, and then go for approval in the Federal Court, and the appeals submitted will be considered, so the duration of the first sessions of the new parliament is unknown.”
He stressed that “there will not be a constitutional vacuum because if the elections take place, there will be an elected council, and in the event that the results are not ratified or there are many appeals and the upcoming elections are canceled, the old (current) parliament will return to carrying out its work.”
Al-Azzawi expected that “the elections will proceed normally because the Independent Electoral Commission has taken many measures to prevent fraud in the elections, and its procedures are very excellent, and its instructions will greatly reduce fraud.” Ended 29/A43