IRAQI DINAR POLITICS & ECONOMY

Parliamentary warning against the birth of a “deformed government”: Don’t rush

Parliamentary warning against the birth of a “deformed government”: Don’t rush

2026-05-11 05:48

Shafaq News – Wasit
The head of the Wasit parliamentary bloc, Mohammed Al-Mayahi, warned on Monday against rushing the formation of the new government, considering that this could lead to the “birth of a deformed government.”

Al-Mayahi told Shafaq News Agency, “There is still plenty of time for the Read more…

The Dukan Dam is nearing full capacity; it is less than two meters away from its maximum capacity.

The Dukan Dam is nearing full capacity; it is less than two meters away from its maximum capacity.

2026-05-11

Shafaq News – Sulaymaniyah
The administration of the Dukan Dam in Sulaymaniyah Governorate announced on Monday that the water level in the dam continues to rise daily, confirming that the dam is now only 1.80 meters away from being fully filled.

The dam’s director, Kocher Jamal, told Shafaq News Agency that “the water levels in the dam are rising daily, and currently only 1.80 meters remain Read more…

The specter may not leave… The finance portfolio occupies Al-Zidi’s mind, and controversy surrounds a “suspicious” figure.

The specter may not leave… The finance portfolio occupies Al-Zidi’s mind, and controversy surrounds a “suspicious” figure.

2026-05-11

Shafaq News – Baghdad
On Monday, informed sources revealed the most prominent figures competing for the position of Minister of Finance within the anticipated government formation, with the possibility of Taif Sami continuing in her position, at a time when consultations are continuing within the forces of the Coordination Framework to decide Read more…

The Zaidi government: Qaani clings to the “weapon of resistance” and clashes with Trump’s conditions.

The Zaidi government: Qaani clings to the “weapon of resistance” and clashes with Trump’s conditions.

2026-05-11

Shafaq News – Special Translation
The Americans and Iranians explored the issue of nominating Ali al-Zaidi to form the Iraqi government before his appointment was announced, while the commander of the Iranian Quds Force, Ismail Qaani, urged the Iraqi officials he met to avoid excluding faction leaders from the government or seeking to Read more…

Parliamentarian: The American-Israeli camp is still present in western Iraq

Parliamentarian: The American-Israeli camp is still present in western Iraq

2026-05-11

Shafaq News – Baghdad
MP Shaker Abu Turab al-Tamimi, from the Badr parliamentary bloc, said on Monday that the “American-Israeli” camp is still present in western Iraq, noting that Iraqi forces are not allowed to approach it.

Al-Tamimi told Shafaq News Agency that “information emerged two months ago regarding the existence of this camp on Iraqi territory,” indicating that Read more…

An Iraqi oil tanker crossed the Strait of Hormuz in coordination with Iran.

An Iraqi oil tanker crossed the Strait of Hormuz in coordination with Iran.

2026-05-11

Iranian media reported that the tanker “Aguis Phanourios 1,” carrying Iraqi oil, transited the Strait of Hormuz in coordination with Iran, en route to Vietnam. The Fars News Agency stated: “The supertanker ‘Aguis Phanourios 1’ transited the Strait of Hormuz Sunday, after coordination with Iran, following the designated route.” It added that “the tanker, loaded with Iraqi crude oil, is Read more…

Al-Zaydi’s government: 14 ministerial portfolios to be presented to Parliament tomorrow

Al-Zaydi’s government: 14 ministerial portfolios to be presented to Parliament tomorrow

2026-05-10

Shafaq News – Baghdad
An independent Iraqi politician confirmed that Prime Minister-designate Ali Faleh al-Zaidi intends to put approximately 14 ministerial portfolios up for a vote in the House of Representatives session scheduled for tomorrow, Monday, to grant him confidence.

Abu Mithaq al-Masari told Shafaq News Agency that “al-Zidi will present Read more…

A political memorandum calls for an end to the “paralysis” of the Kurdistan Parliament and warns against the continuation of the institutional vacuum.

A political memorandum calls for an end to the “paralysis” of the Kurdistan Parliament and warns against the continuation of the institutional vacuum.

2026-05-10

Shafaq News – Sulaymaniyah
On Sunday, a group of representatives from civil society organizations, writers, intellectuals, university professors, and political and religious figures in the Kurdistan Region called for an end to the Kurdistan Parliament crisis and the urgent resumption of sessions, or the termination of the current session through legal mechanisms, given the continued paralysis Read more…

The economic crisis takes center stage… Early warnings threaten the Al-Zidi government

The economic crisis takes center stage… Early warnings threaten the Al-Zidi government

5-10-2026

Information/Baghdad…
Former MP Yasser al-Husseini predicted that Ali al-Zaidi’s government would be quickly approved after he was tasked by the President of the Republic with forming the cabinet, while warning of some obstacles that the incoming government would face.
Al-Husseini told Al-Maalouma, “The cabinet of the designated Prime Minister, Ali al-Zaidi, is expected to be approved quickly because it was formed through Read more…

Abdul Hadi: The next 48 hours are crucial in determining the features of the government.

Abdul Hadi: The next 48 hours are crucial in determining the features of the government.

5-10-2026

Information/Baghdad…
Member of the Coordination Framework, Uday Abdul-Hadi, confirmed on Sunday that the next 48 hours will be crucial in determining the features of Ali al-Zaidi’s government.
Abdul-Hadi told Al-Maalouma that “important meetings were held yesterday evening and continued late into the night, involving various political forces, Read more…

Al-Tamimi: There is no American influence in the selection of the Prime Minister

Al-Tamimi: There is no American influence in the selection of the Prime Minister

5-10-2026

Information / Baghdad…
MP Abu Turab al-Tamimi affirmed on Sunday that the selection of the new prime minister was a purely national process, free from any external dictates. He emphasized that the decision was “Iraqi and not subject to American whims.”
Al-Tamimi told the Information Agency that “national political forces succeeded in breaking the barrier of foreign interference Read more…

Bin Salman congratulates Al-Zaidi: We look forward to strengthening relations in all fields

Bin Salman congratulates Al-Zaidi: We look forward to strengthening relations in all fields

2026-05-10

Shafaq News – Riyadh
Saudi Crown Prince Mohammed bin Salman congratulated Ali al-Zaidi on Saturday evening on his appointment to form the Iraqi government, expressing his hope to strengthen relations between the two countries in all fields.

In a congratulatory telegram sent to Al-Zaidi, Bin Salman said: “On the occasion of your appointment as Prime Minister of the Republic of Iraq, we are Read more…

“The Lake of Changing Colors”… Shafaq News’ lens captures a rare scene from Kurdistan

“The Lake of Changing Colors”… Shafaq News’ lens captures a rare scene from Kurdistan

2026-05-10

Shafaq News – Sulaymaniyah
Amid the tranquil mountainous nature of the Rania district in the Kurdistan Region, Lake “Ganawi Qorgo” appears as one of the most unusual natural phenomena in Iraq, not only because it is the largest sulfur lake in the country, but also because its waters change color to dark purple at different times Read more…

Iraqi oil exports to America declined while Venezuelan exports rose during the week.

Iraqi oil exports to America declined while Venezuelan exports rose during the week.

2026-05-10

Shafaq News – Baghdad / Washington
Data from the U.S. Energy Information Administration on Sunday showed a significant drop in U.S. imports of Iraqi crude oil last week, offset by a surge in supplies from Venezuela.

According to data seen by Shafaq News Agency, total US imports from Read more…

Kurdistan Region Finance Ministry deposits over 50 billion dinars of April revenues with Baghdad

Kurdistan Region Finance Ministry deposits over 50 billion dinars of April revenues with Baghdad

2026-05-10

Shafaq News – Erbil
The Ministry of Finance and Economy in the Kurdistan Region announced on Sunday that more than 50 billion dinars of non-oil revenues for the month of April had been deposited into the bank account of the Federal Ministry of Finance.

The ministry said in a statement received by Shafaq News Agency that it had Read more…

The Securities Commission grants the first license to a foreign brokerage firm to operate in Iraq.

The Securities Commission grants the first license to a foreign brokerage firm to operate in Iraq.

2026-05-10

Shafaq News – Baghdad
On Sunday, the Securities Authority announced that it had granted official approval to a foreign brokerage firm to operate in the securities markets, making it the first company to receive this approval in accordance with the modern regulatory procedures adopted by the Authority.

The commission confirmed in a statement that this step comes Read more…

Iran has reservations about al-Zaidi’s appointment… Qaani is in Baghdad to sort things out

Iran has reservations about al-Zaidi’s appointment… Qaani is in Baghdad to sort things out

2026-05-10

Shafaq News – Baghdad
An informed source revealed on Sunday that Iranian reservations about assigning Ali al-Zaidi to form the next Iraqi government were behind sending the commander of the Quds Force in the Revolutionary Guard, Ismail Qaani, to the capital, Baghdad.

According to the source, who spoke to Shafaq News Agency, Qani arrived Read more…

Iraq maintains its position in the global gold reserve ranking during 2026

Iraq maintains its position in the global gold reserve ranking during 2026

2026-05-10

Shafaq News – London
Data from the World Gold Council revealed that gold constituted about 25% of Iraq’s total foreign reserves during 2026, reflecting the continued role of gold as one of the most important financial hedging tools in the country.

The latest official global gold reserves data for May 2026 showed that Iraq has Read more…

Before gaining confidence, Al-Zidi meets Zidane

Before gaining confidence, Al-Zidi meets Zidane

2026-05-10

Shafaq News – Baghdad
The Iraqi prime minister-designate, Ali al-Zaidi, met with the head of the Supreme Judicial Council, Faiq Zaidan, on Sunday, a day or two before his government is expected to gain the confidence of the House of Representatives.

According to a statement issued by the judiciary Read more…

Angering Baghdad, Israel reveals details of secret operations in Iraq

Angering Baghdad, Israel reveals details of secret operations in Iraq

2026-05-10

Shafaq News – Translation
The Hebrew newspaper ” Jerusalem Post ” revealed on Sunday new and different details regarding secret operations carried out by the Israeli army inside Iraq, which included the deployment of special units during military operations alongside the United States against Iran.

The newspaper reported, in a report Read more…