IRAQI DINAR POLITICS & ECONOMY

Washington draws a “dividing line” for the Baghdad government and urges it to end the influence of the factions.

Washington draws a “dividing line” for the Baghdad government and urges it to end the influence of the factions.

2026-05-08

Shafaq News – Washington
On Friday, the US State Department reiterated its opposition to the involvement of armed factions loyal to the Iranian regime in the next Iraqi government, while also criticizing the ambiguity surrounding the relationship between those factions and the state.

According to NBC News, quoting a US State Department official, there is Read more…

Eco Iraq Observatory: 70% of the government curriculum is copied from the “White Paper”

Eco Iraq Observatory: 70% of the government curriculum is copied from the “White Paper”

2026-05-08

Shafaq News – Baghdad
The Eco Iraq Observatory announced on Friday that more than 70% of the axes of the government’s economic program for the prime minister-designate are based on ideas and contents contained in the “White Paper” for economic reform that was presented in 2020 by Read more…

After years of drought, the Iraqi marshes are regaining their vitality.

After years of drought, the Iraqi marshes are regaining their vitality.

2026-05-08

Shafaq News – Special Translation
Life has been renewed in the historic marshes of Iraq, thanks to rainfall in greater quantities than in previous years, which has allowed for the strengthening of water reserves in dams, the development and increase of flow management, and thus the pumping of water into the arteries of the marshes that were almost destroyed Read more…

Al-Sadr stipulates the “merging” of factions under the name “Soldiers of Religious Rites” and promises to dissolve the Peace Brigades

Al-Sadr stipulates the “merging” of factions under the name “Soldiers of Religious Rites” and promises to dissolve the Peace Brigades

2026-05-08

Shafaq News – Najaf
On Friday, the leader of the Shiite National Movement, Muqtada al-Sadr, called for the “merging” of armed factions of various names under the name “Soldiers of Religious Rites” and linking them to the Hajj and Umrah Authority, stressing his readiness to dissolve the armed wings of his movement if this condition is implemented.

Al-Sadr said in a statement received by Shafaq News Agency, “Whoever is tasked with the premiership must Read more…

Exclusive: The Trump administration is “cautious” in dealing with al-Zaidi and is awaiting steps to form his government.

Exclusive: The Trump administration is “cautious” in dealing with al-Zaidi and is awaiting steps to form his government.

2026-05-08

Shafaq News – Washington
US Republican Party member Malik Francisco revealed on Friday that the appointment of Ali al-Zaidi to form the new Iraqi government has opened the door to questions about the nature of the anticipated relationship between Baghdad and Washington, especially in light of the presence of Read more…

The Ministry of Oil announces a comprehensive plan to export crude oil.

The Ministry of Oil announces a comprehensive plan to export crude oil.

2026-05-08

The Ministry of Oil announced on Friday a broad plan to export black oil, as the ministry spokesman, Sahib Bazoun, told the official agency that “there is a large plan to export black oil according to the latest data,” explaining that “there are refineries that operate with the mechanism of physical cracking of black oil, which is the result of crude oil extraction.”

He added that “the refineries Read more…

Al-Zaydi submits the ministerial program to the House of Representatives in preparation for granting confidence.

Al-Zaydi submits the ministerial program to the House of Representatives in preparation for granting confidence.

2026-05-07

Shafaq News – Baghdad
Prime Minister-designate Ali Faleh al-Zaidi presented the ministerial program for the new government to Speaker of Parliament Hebat Hamad al-Halbousi on Thursday, in preparation for circulating it to members of Parliament for their review, with the names of the government Read more…

Najaf enters the oil era… reserves worth billions of barrels and extraction phases are nearing completion.

Najaf enters the oil era… reserves worth billions of barrels and extraction phases are nearing completion.

2026-05-07

Shafaq News – Najaf
The head of the Najaf Provincial Council, Hussein Al-Issawi, announced on Thursday that significant progress had been made in the project to develop the Al-Qarnain oil field.

Al-Issawi told Shafaq News Agency that “the seismic team affiliated with the Ministry of Oil has begun Read more…

Early praise for Al-Zidi: His experience in reconstruction and investment could make a difference in the next phase.

Early praise for Al-Zidi: His experience in reconstruction and investment could make a difference in the next phase.

5-7-2026

Information / Special..
Former MP Ghalib Muhammad Ali confirmed today, Thursday, that the success of Prime Minister-designate Ali Falih al-Zidi in his upcoming mission depends on his ability to utilize his investment background in managing the state, stressing the need to Read more…

Washington sets three crucial conditions before resuming financial and security aid to Iraq

Washington sets three crucial conditions before resuming financial and security aid to Iraq

2026-05-07

Alsumaria News
A senior US official revealed on Thursday that his country has set three crucial conditions before resuming financial and security assistance to Iraq.
The official was quoted by Agence France-Presse as saying that Washington Looking forward to concrete actions from prime minister Read more…

An economist explains how to achieve fairness in the distribution of oil quotas within OPEC.

An economist explains how to achieve fairness in the distribution of oil quotas within OPEC.

5-7-2026

Information/Baghdad…
Economic expert Dr. Safwan Qusay explained how to achieve fairness in the distribution of oil export quotas among OPEC member countries.
Qusay told Al-Maalouma, “Iraq has the green light to produce 4.7 million barrels of oil per day, with one million barrels consumed domestically, and is permitted to export Read more…

Al-Fahdawi: Movement to appoint vice presidents after the cabinet is finalized

Al-Fahdawi: Movement to appoint vice presidents after the cabinet is finalized

5-7-2026

Al-Maalomah/Baghdad…
A leader in the Azm Alliance, Mohammed al-Fahdawi, confirmed on Thursday that the process of appointing vice presidents will officially proceed after the vote on the new cabinet, scheduled for next week.
Al-Fahdawi told Al-Maalomah News Agency, “The current political direction is towards appointing two Read more…

Al-Jazairi: Iraq has not received any international or regional objections to the appointment of Al-Zaidi.

Al-Jazairi: Iraq has not received any international or regional objections to the appointment of Al-Zaidi.

5-7-2026

The head of the political body of the National Tribal Movement, Abdul Rahman al-Jazaeri, confirmed that Iraq has not received any international or regional objections to the appointment of al-Zaidi to form the new government. Al- Jazaeri told Al-Maalomah, “Despite objections to external directives and tweets, Iraq does not need this crisis. Therefore, the framework, as pursued wisely and rationally Read more…

Disagreements over ministerial portfolios persist… 3 factors delay the formation of the cabinet

Disagreements over ministerial portfolios persist… 3 factors delay the formation of the cabinet

5-7-2026

Information / Baghdad…
Jassim Mohammed Jaafar, a leader in the State of Law Coalition, suggested on Thursday that the vote on the cabinet would be postponed until after the Eid al-Adha holiday, attributing this to a number of practical and political reasons preventing it from being held in the near future.
Jaafar told the Information Agency, “There are indications that the vote will be Read more…

Will the Kurdistan Democratic Party participate in the vote on al-Zaidi’s government?

Will the Kurdistan Democratic Party participate in the vote on al-Zaidi’s government?

5-7-2026

Information/Baghdad…
A member of the Kurdistan Democratic Party (KDP), Mahma Khalil, announced today, Thursday, his party’s intention to attend the parliamentary session dedicated to voting on the government of Prime Minister-designate Ali al-Zaidi.
Khalil told Al-Maalouma, “The KDP will participate in the session to grant confidence to al-Zaidi’s cabinet,” explaining that “participation is aimed at Read more…

From oil to technology: Iraq is redrawing its international economic map

From oil to technology: Iraq is redrawing its international economic map

5-7-2026

Information/Report…
Amid escalating regional and international economic challenges, Baghdad is moving towards developing a new approach to managing its external economic portfolio. This approach is based on expanding its network of strategic agreements with international powers and emerging economic communities, in an effort to bolster internal stability and reduce vulnerability to geopolitical pressures.
This approach is not limited to the traditional trade dimension, but extends to Read more…

The coordination framework approves a new mechanism for regulating nominations in the upcoming cabinet.

The coordination framework approves a new mechanism for regulating nominations in the upcoming cabinet.

5-7-2026

Information / Baghdad…
Saif al-Mansouri, a member of the Reconstruction and Development Coalition, revealed on Thursday that the technical committee within the coordination framework has approved the final mechanisms for distributing ministerial portfolios, emphasizing the adoption of the points system and electoral Read more…

The global economy is approaching $126 trillion, and Iraq ranks 56th globally.

The global economy is approaching $126 trillion, and Iraq ranks 56th globally.

5-7-2026

A recent report by Visual Capitalist, based on projections from the International Monetary Fund, reveals that the global economy is projected to reach approximately $126 trillion by 2026, with the majority of global output remaining concentrated in a limited number of major economies. According to
the report, Read more…

The Trebil border crossing receives a thousand trucks daily amid calls for its expansion.

The Trebil border crossing receives a thousand trucks daily amid calls for its expansion.

2026-05-07

Shafaq News – Anbar
The mayor of Rutba district in Anbar province, Imad al-Rishawi, confirmed on Thursday that the Trebil border crossing is witnessing increasing commercial activity with the passage of about a thousand trucks daily, noting the need for the crossing to be urgently expanded to increase its capacity.

Al-Rishawi told Shafaq News Agency that the crossing receives trucks loaded Read more…

The Zaidi government: “Inclusion of all” met with ambiguity regarding the names of ministers and warnings from the Fayli community.

The Zaidi government: “Inclusion of all” met with ambiguity regarding the names of ministers and warnings from the Fayli community.

2026-05-07

Shafaq News – Baghdad
“Everyone will participate in the government,” a phrase repeated by the Iraqi Prime Minister-designate Ali al-Zaidi during his recent meetings in Baghdad and Erbil, has become a prominent headline for a difficult political phase preceding the anticipated parliamentary session next week, which is expected to witness Read more…