IRAQI DINAR POLITICS & ECONOMY

Kirkuk: Construction of a new pier to expedite the unloading of oil transported from Basra

Kirkuk: Construction of a new pier to expedite the unloading of oil transported from Basra

2026-05-10

The North Oil Company announced on Sunday the construction of a new berth as part of its storage expansion operations, which will expedite the process of unloading oil transported from Basra. Sarmad Mohammed, the director of the K1 oil station, told the official news agency that “the new expansion works at the K1 oil station, which are being carried out by the North Oil Company with its engineering staff, are almost completely finished. The completion rate for Read more…

Al-Hakim: Al-Zaydi’s involvement in the private sector is an advantage for leading the economic phase.

Al-Hakim: Al-Zaydi’s involvement in the private sector is an advantage for leading the economic phase.

2026-05-09

Shafaq News – Baghdad
The head of the National State Forces Alliance, Ammar al-Hakim, affirmed on Saturday that the involvement of Prime Minister-designate Ali al-Zaidi in the private sector represents an “advantage” that supports the direction of the next government towards addressing economic issues and revitalizing productive sectors. Read more…

Iraqi ports open submerged tunnel in Al-Faw port in Basra

Iraqi ports open submerged tunnel in Al-Faw port in Basra

2026-05-09

Shafaq News – Basra
The General Company for Iraqi Ports announced on Saturday the opening of the submerged tunnel with a completion rate exceeding 95%, confirming that the project has reached its final stages and is ready for vehicles to pass through after the completion of the remaining final works.

Ports Director Farhan Al-Fartousi told Shafaq News Agency, “The project faced Read more…

A political agreement has been reached to pass the al-Zaydi government this week.

A political agreement has been reached to pass the al-Zaydi government this week.

2026-05-09

Shafaq News – Baghdad
A parliamentary source revealed on Saturday that there is a political agreement to pass the government of Prime Minister-designate Ali Faleh al-Zaidi during this week, before a number of MPs head to Saudi Arabia Read more…

Maliki’s coalition makes the continuation of al-Zidi’s government contingent on “resolving the crises”.

Maliki’s coalition makes the continuation of al-Zidi’s government contingent on “resolving the crises”.

5-9-2026

Information/Baghdad…
Salah Boushi, a member of the State of Law Coalition, affirmed on Saturday that the survival and continuation of Prime Minister-designate Ali al-Zaidi’s government depends primarily on its ability to address the current crises facing Iraq.

Boushi told the Information Agency, “The success of the designated Read more…

Al-Shammari: 15 ministerial portfolios will be put to a vote within days

Al-Shammari: 15 ministerial portfolios will be put to a vote within days

5-9-2026

Information / Baghdad…
Member of Parliament Ahmed al-Shammari revealed on Saturday that the Prime Minister-designate intends to present the majority of his cabinet to Parliament this week, while noting that a points-based system is delaying the finalization of the remaining Read more…

“A risky mission”: Al-Zaydi prepares to “disarm” through a committee, coinciding with Al-Sadr’s proposal.

“A risky mission”: Al-Zaydi prepares to “disarm” through a committee, coinciding with Al-Sadr’s proposal.

2026-05-09

Shafaq News – Baghdad
An informed source revealed on Saturday that the coordination framework had agreed with Prime Minister-designate Ali al-Zaidi to form a committee tasked with disarming armed factions, coinciding with the call made by the leader of the Sadrist movement, Muqtada al-Sadr.

On Saturday, al-Sadr proposed “merging” the various armed factions under Read more…

Officially… Telegram service returns to Iraq

Officially… Telegram service returns to Iraq

2026-05-09

Shafaq News – Baghdad
The Media and Communications Commission announced on Saturday the resumption of Telegram service throughout Iraq, after the application’s management pledged to comply with regulatory requirements in accordance with the provisions of Legislative Order Read more…

“Take it easy, Mr. President,” Al-Alousi responds to Trump’s optimism about Al-Zaidi: Iraqis are the ones who will rule.

“Take it easy, Mr. President,” Al-Alousi responds to Trump’s optimism about Al-Zaidi: Iraqis are the ones who will rule.

2026-05-09

Shafaq News – Erbil
Iraqi politician Mithal Al-Alusi responded on Saturday to statements by US President Donald Trump expressing optimism about Prime Minister-designate Ali Al-Zidi, stressing that the Iraqi people have the right to evaluate the results of the work of the next Read more…

Iraq temporarily loses its Asian market share; Mexico sends its first fuel oil shipment after regional unrest.

Iraq temporarily loses its Asian market share; Mexico sends its first fuel oil shipment after regional unrest.

2026-05-09

Shafaq News – Baghdad
Middle East turmoil and the Iran-related war have prompted a notable shift in global fuel trade flows, with Asia receiving its first shipment of Mexican fuel oil in nine months to offset declining supplies from Iraq and Kuwait via the Strait of Hormuz.

A Reuters report stated that Asian markets, particularly Singapore, a major Read more…

Kurdish criticism of al-Zaydi’s government program: It does not include solutions to the Kurds’ constitutional issues.

Kurdish criticism of al-Zaydi’s government program: It does not include solutions to the Kurds’ constitutional issues.

2026-05-09

Shafaq News – Sulaymaniyah
On Saturday, Fahmi Burhan, head of the Kurdistan Regions Authority outside the Kurdistan Region Administration, criticized the government program of the Iraqi Prime Minister-designate, Ali al-Zaidi, considering that it lacked any real treatment of the constitutional issues related to the people of Kurdistan, especially the issue of Article 140 and Read more…

The Strait of Hormuz crisis is disrupting Iraqi ports: a 53% drop in ship fuel supplies.

The Strait of Hormuz crisis is disrupting Iraqi ports: a 53% drop in ship fuel supplies.

2026-05-09

Shafaq News – Baghdad
Ship refueling operations at Iraqi ports declined during April, as uncertainty continued regarding shipping through the Strait of Hormuz and the effects of the war on regional shipping routes.

Vinayak Kharmali, head of operations at Sea Crown Marine Services, said that the volume of ship refueling in Iraq fell to about 7,000 metric tons during Read more…

American giant postpones operation of first liquefied gas plant in Iraq

American giant postpones operation of first liquefied gas plant in Iraq

2026-05-08

Shafaq News – Translation
US-based Excelerate Energy has postponed the deployment of its floating storage and regasification unit (FSRU) for Iraq’s liquefied natural gas (LNG) terminal project to Jordan, delaying the commissioning of Iraq’s first LNG import terminal until 2027.

According to IndexBox, a website specializing in energy markets, the American Read more…

The secrets behind the government formation: four new positions, and Sami and Al-Alaq remain in their posts.

The secrets behind the government formation: four new positions, and Sami and Al-Alaq remain in their posts.

2026-05-08

SumerianNews-Political:
Informed sources revealed details of the government formation negotiations, indicating a proposal to create four new positions.
And it was reported Asharq Al-Awsat newspaper Sources say that “one of the main points of contention revolves around proposals to create four new Read more…

Sunnis confirm their readiness to attend the vote on al-Zaydi’s cabinet

Sunnis confirm their readiness to attend the vote on al-Zaydi’s cabinet

5-8-2026

Information/Anbar
On Thursday, Muhammad al-Fahdawi, a leader in the Azm Alliance, confirmed that the Sunni National Council had declared its readiness to attend the session to vote on the new government formation with all its members present, without any Sunni political entity objecting to Ali al-Zidi assuming the premiership. Read more…

Finance Ministry: Iraq’s domestic debt stands at 96 trillion dinars, while its external debt has fallen to $10 billion.

Finance Ministry: Iraq’s domestic debt stands at 96 trillion dinars, while its external debt has fallen to $10 billion.

5-8-2026

Information/Baghdad..
Recent official data issued by the Ministry of Finance, obtained by the Al-Maalomah Agency, revealed details of the financial position of Iraq’s internal and external debts up to the end of April 2026, at a time when the figures showed a disparity in borrowing levels and repayment rates between inherited debts and newly created financial obligations during the current Read more…

Abdul Hadi sets a date for submitting the names of candidates for ministerial portfolios in Ali al-Zidi’s government.

Abdul Hadi sets a date for submitting the names of candidates for ministerial portfolios in Ali al-Zidi’s government.

5-8-2026

Information/Baghdad…
On Friday, Uday Abdul-Hadi, a member of the Coordination Framework, set the date for political blocs to submit the names of their candidates for ministerial portfolios in the government of Prime Minister-designate Ali al-Zaidi.
Abdul-Hadi told Al-Maalouma that “Prime Minister-designate Ali al-Zaidi’s submission of the ministerial program to the Speaker of Parliament yesterday Read more…

Anbar acknowledges the existence of manipulation and theft of huge sums of money from the profits of border crossing revenues.

Anbar acknowledges the existence of manipulation and theft of huge sums of money from the profits of border crossing revenues.

5-8-2026

Information/Anbar..
A source in Anbar province confirmed on Friday the discovery of manipulation and theft of huge sums of money from the revenues of the three border crossings of Trebil, Arar, and Al-Qaim in western Anbar.
The source told Al-Maalomah News Agency that “the central government allocated huge sums of money to the Anbar treasury from the revenues of the Trebil crossing with Jordan, the Arar crossing with Saudi Arabia, and the Al-Qaim crossing with Syria, but these funds quickly disappeared and their fate remains unknown Read more…

A wave of defections is hitting the Progress Party… Seven MPs intend to leave the party ranks

A wave of defections is hitting the Progress Party… Seven MPs intend to leave the party ranks

5-8-2026

Al-Maalomah/Anbar –
A source in Anbar province revealed on Friday that seven members of parliament intend to leave the Progress Alliance due to political disagreements over the distribution of positions in the new government by Mohammed al-Halbousi.
The source told Al-Maalomah News Agency that “seven members of the Progress Alliance intend to defect from the party because of their Read more…

Saturday… an important official event for Iraqi ports

Saturday… an important official event for Iraqi ports

2026-05-08

Shafaq News – Basra
The General Company for Iraqi Ports will inaugurate next Saturday the submerged port tunnel linking Umm Qasr Port and Al-Faw District, in a move considered one of the important strategic projects in the maritime transport and infrastructure sector in the country.

A source at the ports told Shafaq News Agency that “the opening will witness Read more…