IRAQI DINAR POLITICS & ECONOMY

Al-Rasheed Bank: Cards can be topped up via payment outlets up to a maximum of two million dinars per day.

Al-Rasheed Bank: Cards can be topped up via payment outlets up to a maximum of two million dinars per day.

10-25-2026

Al-Rasheed Bank announced on Sunday that it has made available the option to top up its electronic cards through payment outlets with a maximum limit of two million dinars per day. A statement from the bank said, “Al-Rasheed Bank announced the possibility of topping up the electronic cards of its cardholders through electronic payment outlets spread throughout Baghdad and the provinces, with a maximum limit of two million dinars per day.” Read more…

The Maysan Provincial Council gives the government until Thursday to open the Al-Shaib border crossing and threatens civil disobedience.

The Maysan Provincial Council gives the government until Thursday to open the Al-Shaib border crossing and threatens civil disobedience.

10-25-2026

The head of the Maysan Provincial Council, Mustafa Adair Al-Muhammadawi, gave the Iraqi government until next Thursday to open the Al-Shaib border crossing, warning of resorting to civil disobedience and blocking roads in the province if the demand is not met. Al-Muhammadawi stressed that failure to open the crossing within the specified deadline could lead to escalating measures, including civil disobedience and road blockades, to pressure Read more…

Al-Zaydi: Iraq was threatened with a blockade, and closing the borders with Iran is not in our interest.

Al-Zaydi: Iraq was threatened with a blockade, and closing the borders with Iran is not in our interest.

2026-10-24

Shafaq News – Baghdad
Iraqi Prime Minister Ali al-Zaidi said on Friday evening that the country was threatened with a blockade, noting that closing the Iraqi-Iranian border was not in Iraq’s interest.

In an interview with Al-Iraqiya TV, which was monitored by Shafaq News Agency, Al-Zaydi indicated that “Iraq was threatened with a blockade and the departure of embassies, and we succeeded in overcoming the danger, and we succeeded in sparing Iraq from falling into international isolation, which was only days away from it.” Read more…

Al-Zaydi: American concerns about dollars reaching the factions have affected cash supplies.

Al-Zaydi: American concerns about dollars reaching the factions have affected cash supplies.

2026-10-24

Shafaq News – Baghdad
Iraqi Prime Minister Ali al-Zaidi said on Friday evening that American concerns about dollars reaching the factions have affected the volume of cash supplies, while noting that the Iraqi government aims to obtain payments of up to $2.5 billion to address the exchange rate gap.

Al-Zaydi added in an interview with Al-Iraqiya channel, which was monitored by Shafaq News Agency, that “the Iraqi government has increased the supply of cash dollars from 140 million to half Read more…

A meeting of the State Administration Coalition to discuss the 2027 budget, arms control, and regional developments.

A meeting of the State Administration Coalition to discuss the 2027 budget, arms control, and regional developments.

2026-10-24

Shafaq News – Baghdad
The State Administration Coalition is scheduled to hold a meeting this Saturday evening at the Government Palace to discuss a number of important political, security and economic issues in the country.

A well-informed political source said that the most important of these issues are the issue of restricting weapons, combating corruption, as well as the 2027 budget, in addition to Read more…

Kaka Hama calls for reliance on agriculture as an alternative to oil and warns against amending the Iraqi constitution.

Kaka Hama calls for reliance on agriculture as an alternative to oil and warns against amending the Iraqi constitution.

2026-10-24

Shafaq News – Halabja
The Secretary of the Kurdistan Socialist Party, Mohammed Haji Mahmoud, called on Saturday for reliance on the agricultural sector to strengthen the economy of the Kurdistan Region, while warning against attempts by political parties to amend the permanent Iraqi constitution. Read more…

Al-Rafidain Bank sets installments for 5 and 10 million dinar loans and suspends “Super Key” due to high demand.

Al-Rafidain Bank sets installments for 5 and 10 million dinar loans and suspends “Super Key” due to high demand.

2026-10-24

Shafaq News – Baghdad
An informed source revealed on Saturday that the monthly installment for the 5 million dinar loan granted by Al-Rafidain Bank is 108,000 dinars, while the repayment period is up to 60 months.

The source explained to Shafaq News Agency that the monthly installment for the 10 million dinar loan is Read more…

Washington warns of attacks in Iraq and Baghdad’s “inability” to protect Americans

Washington warns of attacks in Iraq and Baghdad’s “inability” to protect Americans

2026-10-24

Shafaq News – Washington
The U.S. State Department warned on Saturday of possible attacks in Iraq, confirming that it would maintain its highest level of travel warning, advising citizens not to travel to Iraq for any reason due to what it described as Baghdad’s “inability” to guarantee the safety of Americans.

According to a statement from the US State Department, Read more…

To boost trade with Saudi Arabia, Al-Muthanna announces finalization of funding for the Al-Jumaimah border crossing facilities in preparation for its opening.

To boost trade with Saudi Arabia, Al-Muthanna announces finalization of funding for the Al-Jumaimah border crossing facilities in preparation for its opening.

2026-10-24

Shafaq News – Al-Muthanna
The governor of Muthanna, Tawfiq al-Hassani, announced on Saturday that Prime Minister Ali Falih al-Zidi has approved funding for the construction of facilities and buildings at the al-Jumaimah border crossing with the Kingdom of Saudi Arabia, on a design and implementation (turnkey) basis.

The governor confirmed in a statement Read more…

“Full nominal salary then half of it”… Parliament to vote on employee leave law tomorrow

“Full nominal salary then half of it”… Parliament to vote on employee leave law tomorrow

2026-10-24

Shafaq News – Baghdad
On Saturday, Ibtisam Al-Hilali, a member of the parliamentary legal committee, announced that the House of Representatives will vote on Sunday on a proposed law to grant employees long regular leave, stressing that the law is considered one of the important pieces of legislation and has been separated from the draft federal budget law.

Al-Hilali told Shafaq News Agency that the law grants the competent minister, or the head of the entity not affiliated Read more…

Source: Lack of financial liquidity is behind the delay in paying Iraqi employees’ salaries for October.

Source: Lack of financial liquidity is behind the delay in paying Iraqi employees’ salaries for October.

2026-10-24

Shafaq News – Baghdad
An informed source attributed the delay by the Federal Ministry of Finance in disbursing state employees’ salaries for this month to the lack of necessary financial liquidity.

The source told Shafaq News Agency that funding for ministries and state institutions for the current month of October has not yet been provided due to Read more…

A “grim” American image of al-Zaidi: He disappointed like Abdul Mahdi

A “grim” American image of al-Zaidi: He disappointed like Abdul Mahdi

2026-10-24

Shafaq News – Special Translation
The Middle East Forum Institute, an American think tank, presented a “grim” picture of Prime Minister Ali Faleh al-Zaidi, since his appointment as prime minister in place of his predecessor Mohammed Shia al-Sudani, and how he owes his rise to his predecessor Nouri al-Maliki, but is repeating the mistakes made by Adel Abdul Mahdi, and is currently “lying” to US President Donald Trump. Read more…

With advanced completion rates, Iraqi ports announce the imminent commencement of operational trials for the Grand Faw Port. (Expanded)

With advanced completion rates, Iraqi ports announce the imminent commencement of operational trials for the Grand Faw Port. (Expanded)

2026-10-24

Shafaq News – Basra
The Director General of the General Company for Iraqi Ports, Abdullah Ati Abdullah, announced on Saturday that advanced completion rates have been achieved in the main projects of the Grand Faw Port, confirming that the breakwater works have been completed by 100%, the submerged tunnel has reached 98% completion, and the infrastructure works have reached 94%.

Abdullah said during a press conference that work is continuing to complete the current projects and prepare for Read more…

Al-Zaydi directs the regularization of all contracts and temporary workers on permanent staff and the creation of 120,000 new job positions.

Al-Zaydi directs the regularization of all contracts and temporary workers on permanent staff and the creation of 120,000 new job positions.

2026-10-24

Shafaq News – Baghdad
On Saturday, Prime Minister Ali Faleh al-Zaidi directed that all contractors and daily wage workers be made permanent employees, and that 120,000 new job positions be created on a contractual basis.

The Prime Minister’s office stated in a statement received by Shafaq News Agency that Al-Zaidi chaired a meeting today to discuss the details of the federal budget for the year 2027, in the presence of Deputy Prime Minister Mohammed Ali Tamim and Finance Minister Falih Sari. Read more…

Japanese Ambassador: New projects in Iraq with Japanese loans will soon see the light of day

Japanese Ambassador: New projects in Iraq with Japanese loans will soon see the light of day

10-24-2026

The Japanese ambassador to Iraq, Akira Endo, confirmed on Saturday the continuation of the implementation of old projects and the launch of new projects in Iraq, while pointing to the continuation of cooperation with the Iraqi government in providing assistance and completing projects. The ambassador told the official agency that “the Japanese government is continuing to cooperate with the new Iraqi government in order to continue Read more…

The Iraqi Trade Bank announces it will continue providing services to customers during official holidays.

The Iraqi Trade Bank announces it will continue providing services to customers during official holidays.

10-24-2026

The Trade Bank of Iraq announced on Saturday that it will continue to provide services to customers during official holidays. Aqeel Al-Shuwaili, the media expert at the Trade Bank of Iraq, stated in a press release that “the bank will continue to operate during official holidays, in accordance with the directives of the Central Bank of Iraq, with the aim of ensuring that customer transactions are completed as quickly as possible Read more…

Oil revenues exceed $37 billion

Oil revenues exceed $37 billion

10-24-2026

The Eco Iraq Observatory announced that the value of Iraqi crude oil exports reached approximately $37.39 billion, compared to the export of 533.46 million barrels, including 25 million barrels from the Kurdistan Region.

The observatory said in a press release that an official document issued by SOMO and addressed to parliament included data on oil exports and their financial amounts from January to September 2026. Read more…

Director General of Ports: Work on the breakwater at Al-Faw Port has been completed 100%

Director General of Ports: Work on the breakwater at Al-Faw Port has been completed 100%

10-24-2026

The Director General of the General Company for Iraqi Ports, Abdullah Ati Abdullah, announced on Saturday that the work on the breakwater at the Faw Port has been completed by 100%. Abdullah stated in a press conference that “advanced completion rates have been achieved in the main projects of the Grand Faw Port,” confirming that “the work on the breakwater is 100% complete, the submerged tunnel has reached 98% completion, and the Read more…

Iraq enlists the help of “giants” to secure new oil export routes

Iraq enlists the help of “giants” to secure new oil export routes

2026-10-23

Shafaq News – Special Translation
Baghdad seeks to strengthen its economic and energy sector ties with Washington, driven by economic and strategic needs that go beyond normalizing political relations, at a time when the American companies Chevron and ConocoPhillips are moving to expand their presence in the Iraqi oil sector, through various investment paths that include producing fields and export infrastructure. Read more…

Today, a delegation from Kurdistan arrives in Baghdad to discuss the region’s entitlements in the 2027 budget.

Today, a delegation from Kurdistan arrives in Baghdad to discuss the region’s entitlements in the 2027 budget.

2026-10-23

Shafaq News – Erbil
The Department of Media and Communication in the Kurdistan Regional Government announced on Friday that a negotiating delegation from the region is heading to Baghdad to discuss financial entitlements in the 2027 budget.

The department said in a statement received by Shafaq News Agency, “As part of the ongoing negotiations between the Kurdistan Regional Government and the Federal Government, regarding Read more…