IRAQI DINAR POLITICS & ECONOMY

The judiciary announces the seizure of funds and properties related to the case of the Deputy Minister of Oil.

The judiciary announces the seizure of funds and properties related to the case of the Deputy Minister of Oil.

2026-06-02

Shafaq News – Baghdad
Iraq’s Supreme Judicial Council announced on Tuesday that preliminary investigations into the case of detained Deputy Oil Minister for Refining Affairs Adnan Mohammed Mahmoud have led to the seizure of dozens of properties and millions of dollars belonging to him and to people connected to the case.

The judiciary’s media office quoted a statement received by Shafaq News Agency, quoting the investigating judge of the Central Anti-Corruption Criminal Court, as saying that the preliminary Read more…

Saleh’s appearance: Strengthening the private sector is key to diversifying the economy and reducing dependence on oil.

Saleh’s appearance: Strengthening the private sector is key to diversifying the economy and reducing dependence on oil.

2026/06/02

In an analysis of the trends toward diversifying the national economy, the Prime Minister’s financial advisor, Mazhar Muhammad Salih, explained on Tuesday that strengthening the role of the private sector is a fundamental pillar in the transition toward a more diversified and sustainable economy.
Saleh told Al-Furat News Agency that “targeting raising the private sector’s contribution to more than 50% of GDP by Read more…

Warnings against increasing the exchange rate without measures to ensure that citizens are not harmed.

Warnings against increasing the exchange rate without measures to ensure that citizens are not harmed.

6-2-2026

Information/Baghdad…
Former MP Abdel Hadi Mouhan warned against increasing the exchange rate in local markets by a government decision without finding solutions and taking measures to ensure that the citizen is not harmed or affected by the increase in the exchange rate.

Mohan told Al-Maalomah, “Iraq is suffering from a shortage of cash liquidity due to the current situation in the region and the tensions in the surrounding region, which will push the government to take some measures Read more…

Al-Fahdawi: Attempts to obstruct the approval of candidates will not hinder the completion of Al-Zidi’s cabinet.

Al-Fahdawi: Attempts to obstruct the approval of candidates will not hinder the completion of Al-Zidi’s cabinet.

6-2-2026

Information/Baghdad…
Mohammed Al-Fahdawi, a member of the Al-Azm Alliance, confirmed that attempts to obstruct the passage of candidates will not hinder the completion of the ministerial cabinet of Al-Zidi’s government, noting that every party will ultimately get its due despite the obstruction attempts.

Al-Fahdawi told Al-Maalouma that “the delay in finalizing the cabinet and the failure to pass all the candidates presented by Prime Minister Ali Al-Zidi to Parliament is not due to technical Read more…

A new Kurdish alliance will change the equation… The Yekiti and the New Generation are nearing an agreement.

A new Kurdish alliance will change the equation… The Yekiti and the New Generation are nearing an agreement.

6-2-2026

The Information Agency / Baghdad…
A leader in the Patriotic Union of Kurdistan (PUK), Ghiath al-Surji, confirmed on Tuesday that the official signing of the alliance with the New Generation Movement will take place soon, within the next few days. He explained that the delay in signing this new alliance was due to the travel of PUK leader Bafel Talabani.
Al-Surji told the Information Agency, “Our anticipated alliance with the New Generation Movement, in addition to the Christian quota, will allow us to have equal seats Read more…

The coordination framework gives the green light to complete the cabinet formation.

The coordination framework gives the green light to complete the cabinet formation.

6-2-2026

Information/Baghdad…
A member of the Coordination Framework, Uday Abdul-Hadi, confirmed on Tuesday that the Framework’s meeting held the previous evening gave the green light to finalize the remaining ministerial appointments in Ali al-Zaidi’s government, anticipating significant developments next week.
Abdul-Hadi told Al-Maalouma that “the meeting of the Coordination Framework forces, held yesterday evening in Baghdad with all its leaders in attendance, gave the green light to complete the remaining ministerial appointments in Ali al-Zaidi’s government.” Read more…

MP: Reviewing government contracts is a true test in the fight against corruption

MP: Reviewing government contracts is a true test in the fight against corruption

6-2-2026

The Information Agency / Baghdad –
MP Ahmed al-Shammari affirmed on Tuesday that initiating a review of contracts concluded by ministries in recent years represents a true test of the seriousness of the government program led by Prime Minister Ali al-Zubaidi, particularly concerning the reorganization of the administrative and financial performance of state institutions.
Speaking to the Information Agency, al-Shammari stated, “Opening the contracts file is not merely a matter of traditional oversight procedures, but rather a strategic step aimed at uncovering the sources of waste, poor planning, and loopholes that plagued Read more…

Al-Asadi calls for preventing the exploitation of partisan influence in government appointments.

Al-Asadi calls for preventing the exploitation of partisan influence in government appointments.

6-2-2026

The Information Agency / Baghdad –
Haider al-Asadi, a member of the Azm Alliance, called on the Prime Minister on Tuesday to take measures to prevent political parties from exploiting positions and political influence in government appointments. He stressed the need to adopt merit-based criteria and experience in filling sensitive posts
. Al-Asadi told the Information Agency, “The Prime Minister must work to prevent party interference and the exploitation of partisan influence in appointments, and avoid assigning sensitive positions to individuals who lack the required competence or Read more…

Economist: Borrowing from Gulf states threatens financial and political decision-making in Iraq

Economist: Borrowing from Gulf states threatens financial and political decision-making in Iraq

6-2-2026

The economic expert, Faleh al-Zubaidi, warned on Tuesday of the dangers of Iraq continuing to borrow from countries he said interfere in its internal affairs, explaining that this could affect the country’s financial and political decisions.
Al-Zubaidi told the Information Agency that “Iraq suffers from the absence of an independent monetary policy, which makes its economy vulnerable to external influences,” adding that “the United States has a clear influence on the management of the Iraqi economic file.”
He added that “borrowing from other countries may be accompanied by the imposition of undisclosed conditions Read more…

The cabinet formation process: Bloc disagreements hinder political resolution and exacerbate crises.

The cabinet formation process: Bloc disagreements hinder political resolution and exacerbate crises.

6-2-2026

Information/Report…
The Iraqi public is going through a critical phase, awaiting concrete government steps to rescue it from the accumulated service and economic crises. However, the system of partisan and sectarian quotas and points is hindering any real progress.
This system perpetuates disputes behind closed doors, leaving executive performance hostage to complex political compromises and making the struggle for gains and positions a heavy and bitter burden on the citizen.
In this context, the failure to resolve the issue of completing the cabinet negatively impacts Read more…

Zarkoushi denies proposing new names for the position of Minister of the Interior

Zarkoushi denies proposing new names for the position of Minister of the Interior

6-2-2026

Information/Special…
On Tuesday, Abdul Samad al-Zarkoushi, a member of the Coordination Framework, denied that any new names had been put forward for the position of Minister of the Interior. Speaking to Al-Maalouma, al-Zarkoushi said, “Until this moment, no new names have been proposed for the position of Minister of the Interior,” noting that “the coming days will determine the options available in this regard.”
He added that “the Coordination Framework, in general, supports finalizing the cabinet of Ali al-Zaidi’s Read more…

Nechirvan Barzani congratulates Barack on his appointment as Special Presidential Envoy to Iraq

Nechirvan Barzani congratulates Barack on his appointment as Special Presidential Envoy to Iraq

2026-06-02

Shafaq News – Erbil
Kurdistan Region President Nechirvan Barzani congratulated US Ambassador Tom Barrack on Tuesday on his appointment as Special Presidential Envoy to Iraq.

Barzani said in a tweet followed by Shafaq News Agency: “We congratulate Ambassador Tom Barrack on his appointment as Special Presidential Envoy to Iraq, and we look forward to his leadership in strengthening relations between Iraq, Kurdistan and the United States, and helping to address Read more…

The framework authorizes al-Zaydi to handle the weapons file and supports severing the Popular Mobilization Forces’ ties with political frameworks.

The framework authorizes al-Zaydi to handle the weapons file and supports severing the Popular Mobilization Forces’ ties with political frameworks.

2026-06-02

Shafaq News – Baghdad
On Monday evening, the Coordination Framework authorized Prime Minister and Commander-in-Chief of the Armed Forces Ali al-Zaidi to take decisions and measures “that would preserve the country’s higher interests,” while announcing its support for the project to restrict weapons to the state and to separate the Popular Mobilization Forces from political, partisan, and social frameworks.

The framework stated in a statement received by Shafaq News, following its 279th regular meeting held at the office of former Prime Minister Haider al-Abadi, in the presence of Prime Minister Ali al-Zaidi, Read more…

Asa’ib Ahl al-Haq begins severing ties with the Popular Mobilization Forces and forms a committee to inventory weapons.

Asa’ib Ahl al-Haq begins severing ties with the Popular Mobilization Forces and forms a committee to inventory weapons.

2026-06-02

Shafaq News – Baghdad
On Tuesday, Asaib Ahl al-Haq announced the formation of a central committee to begin implementing procedures for disengaging from the Popular Mobilization Forces, in a move that it said comes “in line with the call of the religious authority and the decision of the coordination framework, and in confirmation of the direction announced by the Secretary-General of the movement, Qais al-Khazali, regarding restricting weapons to the state.”

The movement indicated, in a document received by Shafaq News Agency, that “the committee will be headed by Read more…

MSC Shipping Company: The ship “Sariska” was hit by two shells in the Iraqi port of Umm Qasr

MSC Shipping Company: The ship “Sariska” was hit by two shells in the Iraqi port of Umm Qasr

2026-06-02

Shafaq News – Follow-up
Global shipping company MSC reported on Tuesday that its ship, the SARISKA, was hit by two shells while leaving the port of Umm Qasr in Iraq.

The company confirmed in a statement that all crew members were safe and unharmed as a result of the incident, stressing at the same time that it is a “neutral company” and has no ties or connections with the United States or Israel.

The shipping company’s statement came after the Iraqi Higher Maritime Authority announced earlier this morning Read more…

Washington praises the “framework” position on limiting weapons and disengaging the Popular Mobilization Forces.

Washington praises the “framework” position on limiting weapons and disengaging the Popular Mobilization Forces.

2026-06-02

Shafaq News – Baghdad
On Tuesday, Joshua Harris, the acting US ambassador to Baghdad, praised the position of the Coordination Framework, which supports limiting the weapons of Iraqi factions and severing any ties of the Popular Mobilization Forces outside the official defense system in the country.

This came during his meeting with National Security Advisor Qasim al-Araji, where they discussed the overall situation at the regional and international levels and the latest developments in Read more…

“America First” in Baghdad: What is Tom Barrack planning for Iraq’s “interconnected crises”?

“America First” in Baghdad: What is Tom Barrack planning for Iraq’s “interconnected crises”?

2026-06-02

Shafaq News – Baghdad/Washington/London
Tom Barrack, 79, is described as more than just a traditional American diplomat. The man of Lebanese descent, who speaks Arabic, combines a background as a businessman and investor with close ties to US President Donald Trump, and in recent months has become one of the most prominent architects of American policy in the Middle East.

Observers believe that his appointment as a special presidential envoy to Iraq and Syria places him at the heart of the most sensitive issues for Washington, from Iranian influence and armed factions to energy, investments, and Read more…

Gargash: The Gulf states, Yemen, Lebanon, and Iraq are paying the price for Iran’s inflated ambitions.

Gargash: The Gulf states, Yemen, Lebanon, and Iraq are paying the price for Iran’s inflated ambitions.

2026-06-02

Shafaq News – Abu Dhabi
Anwar Gargash, advisor to the UAE president, asserted on Tuesday that the Gulf states, Yemen, Lebanon, and Iraq are paying the price for what he described as Iran’s “inflated regional ambitions.”

Gargash said in a post on the X platform: “From the Arabian Gulf to Yemen, Lebanon and Iraq, we are all paying the price for Iran’s inflated regional ambitions. No country’s role in the region can come at the expense of shared security, stability and Read more…

An economist says increased money printing “threatens financial stability.”

An economist says increased money printing “threatens financial stability.”

6-1-2026

Information / Special:
Economic expert Dirgham Muhammad Ali confirmed on Monday that the reopening of the Strait of Hormuz does not mean Iraq’s immediate return to previous export levels, noting that increasing the printing of currency to cover the financial deficit threatens the economy.

Ali told Al-Maalomah that “crude oil production has declined as a result of the decrease in reservoir pressure in some fields and the shutdown of a number of wells, which requires technical procedures and sufficient time to rehabilitate them and resume Read more…

Kanun’s radiance: The quota system kept us away from the confidence session, and we will propose a conflict of interest law.

Kanun’s radiance: The quota system kept us away from the confidence session, and we will propose a conflict of interest law.

6-1-2026

Information / Special..
MP Zuhair Al-Fatlawi, from the Ishraqa Kanoun bloc, confirmed today, Monday, that his bloc’s position on the session to grant confidence to the government of Prime Minister Ali Al-Zidi remains firm and has not changed, noting that the bloc chose not to participate in the session to grant confidence and vote on ministerial portfolios because of the adoption of the quota principle in forming the cabinet.

Al-Fatlawi told Al-Maalouma that “the quota system that accompanied the formation of the government was Read more…