Dinar Guru

Tidbits From TNT

Tuesday Morning 9-23-2025

Tishwash:  Rafidain Bank finances 85 new projects under the Entrepreneurship Initiative, worth one billion dinars.

Rafidain Bank announced today, Sunday, the launch of the seventeenth batch of the Leadership and Excellence Initiative to support small and medium-sized enterprises, with a total amount of one billion Iraqi dinars and 85 registrations.

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The bank’s media office said in a statement that “this payment comes as a continuation of the efforts aimed at financing entrepreneurs and youth within the Central Bank of Iraq’s initiative,” stressing that “the number of financed entries reached 2,272 entries and the total value of the amounts granted so far amounted to 29,941,000,000 billion Iraqi dinars, which reflects the bank’s commitment to supporting pioneering projects that contribute to building the national economy.” ink

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Tishwash:  North Oil: We may resume exporting Kurdistan Region oil via Türkiye within the next few hours.

The North Oil Company expects the resumption of oil exports from the Kurdistan Region via Turkey within the next 48 hours.

The Director of the North Oil Company, Amer Khalil, said that the oil companies requested guarantees to obtain their rights and dues, and the government agreed to this and will provide them with the necessary guarantees.

For his part, a source in the production department of the North Oil Company confirmed that it will receive the Kurdistan Region’s oil in Zakho and export it to the Turkish port of Ceyhan, and that its representative participated in today’s meeting that witnessed the reaching of an agreement between the Ministry of Oil, the Ministry of Natural Resources in the Kurdistan Region, and the oil companies operating in the region.

Oil sources expected the resumption of oil exports after the approval of the Iraqi Council of Ministers tomorrow. link

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Tishwash:  Signing of a tripartite agreement on Kurdistan’s oil exports

A meeting between Kurdistan Regional Government officials and a delegation from the North Oil Company and oil-producing companies in the region concluded this evening, resulting in the signing of a tripartite agreement between the three parties.

A source in the North Oil Company, who requested anonymity, told the “Al-Jabal” platform on Monday, September 22, 2025, that “a tripartite agreement was signed in Erbil a short while ago between the Ministry of Natural Resources in Kurdistan, the Federal Ministry of Oil, and the oil companies regarding the resumption of oil exports from Kurdistan’s fields.”

According to information obtained by Al-Jabal’s correspondent in Baghdad, “Prime Minister Mohammed Shia al-Sudani has warned members of the delegation representing Baghdad to remain discreet about the details and content of the agreement and not to disclose them to the media until he announces them himself.”

According to the agreement, “oil exports from Kurdistan will resume.”

 Kurdistan Regional Government spokesman Peshwa Hawrami told the Jabal platform this morning that “the Kurdistan Regional Government, the federal government, and oil production companies have reached an agreement on the oil file, and a tripartite agreement will be signed between the three parties in this regard today.”

A delegation from the Kirkuk North Oil Company, headed by the company’s general manager and representing the federal Ministry of Oil, arrived in Erbil to conclude an agreement with the Kurdistan Regional Government’s Ministry of Natural Resources.

For months, disagreements between Baghdad and Erbil over the price of oil production and exports from the region’s fields, as well as non-oil revenues in Kurdistan, have hampered Baghdad’s ability to pay salaries to employees, retirees, and subsidy recipients in the Kurdistan Region.

However, officials’ confirmation that an agreement was reached on resuming oil exports and that the State Council had decided on non-oil revenues yesterday, as well as the conclusion of the agreement today, pushes the Council of Ministers toward making a decisive decision on employee salaries during its regular session scheduled for tomorrow, Tuesday.

Hawrami said, “After the signing of the tripartite agreement, there will be no obstacles to sending salaries to Kurdistan Region employees, and Baghdad must send them as soon as possible.” link

Mot:  .. Ur Kidding — Right!!!!???? 

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