IRAQI DINAR POLITICS & ECONOMY

Sudani: Spending has increased significantly due to the budget deficit in Iraq

Sudani: Spending has increased significantly due to the budget deficit in Iraq

2025-10-31 04:27

Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani acknowledged on Friday the increase in the rate of government spending compared to the deficit in the country’s general budget.

His remarks came during a meeting with a group Read more…

Ministry of Transport: Contracts signed with 4 international technical and economic companies regarding the development road

Ministry of Transport: Contracts signed with 4 international technical and economic companies regarding the development road

2025-10-31

Minister of Transport Razzaq Muhaibis Al-Saadawi confirmed on Friday that the ministry is in the process of contracting with a third party to audit the technical company responsible for the Development Road project. He pointed out that this road is an integrated economic project targeting 8 sectors. Al-Saadawi told the official news agency Read more…

Al-Sudani from Al-Muthanna: Iraq today is the object of the world’s respect

Al-Sudani from Al-Muthanna: Iraq today is the object of the world’s respect

2025/10/30

Prime Minister Mohammed Shia al-Sudani said that his government adopted a balanced policy to keep Iraq away from wars and conflicts in the region, and was able to preserve the country’s security and stability. He stressed that Iraq today is respected and appreciated by all countries Read more…

Politician: Efforts to secure a second term have failed

Politician: Efforts to secure a second term have failed

10-30-2025

Information/Baghdad..
Nizar Haider, director of the Iraqi Media Center in Washington, revealed on Wednesday that Prime Minister Mohammed Shia al-Sudani’s attempts to secure a second term have failed after the Trump administration was informed that al-Sudani is not welcome and cannot be dealt with Read more…

Al-Sadr distances his movement from a plot to storm polling stations and destabilize the country on election day.

Al-Sadr distances his movement from a plot to storm polling stations and destabilize the country on election day.

2025-10-30 01:28

Shafaq News – Najaf
On Thursday, Shiite nationalist leader Muqtada al-Sadr distanced his movement from a plot to storm polling stations, burn ballot boxes, and destabilize security and stability on the day of the Iraqi parliamentary elections scheduled for November 11.

This came in response to news that Al-Sadr learned about through Read more…

Two Arab countries are among the “G20″… Japan and China increase their holdings of US bonds

Two Arab countries are among the “G20″… Japan and China increase their holdings of US bonds

2025-10-30 02:24

Shafaq News – Follow-up
The US Treasury Department announced on Thursday that Japan and China, the two largest holders of US bonds, have increased their holdings, while two Arab countries were among the “Big Twenty”.

According to the latest table from the Ministry for 2025, Read more…

Iraq is the second largest exporter… America imports 29 million barrels of oil from OPEC

Iraq is the second largest exporter… America imports 29 million barrels of oil from OPEC

2025-10-30 03:49

Shafaq News – Follow-up
The U.S. Energy Information Administration revealed on Thursday that the United States imported more than 20 million barrels of oil from OPEC countries in July, with Iraq being the second largest exporter among these countries.

According to statistics from the administration, Read more…

Iraq and Turkey sign economic and trade cooperation agreements in Baghdad

Iraq and Turkey sign economic and trade cooperation agreements in Baghdad

2025-10-30 05:44

Shafaq News – Baghdad
The second session of the Iraqi-Turkish Joint Economic and Trade Committee was held in Baghdad on Thursday, chaired by Iraqi Minister of Trade Atheer Dawood Al-Ghurairi and his Turkish counterpart Omar Bolat, with the participation of representatives of the public and private sectors from both countries.

A statement issued Read more…

Iraq is close to ending associated gas flaring by 80% by the first quarter of 2026

Iraq is close to ending associated gas flaring by 80% by the first quarter of 2026

10-29-2025

Information/Baghdad
MP Ali Al-Lami confirmed on Wednesday that Iraq has made great strides in reducing the flaring of associated gas during oil extraction operations, noting that the country will be able to reduce this phenomenon by up to 80% by the beginning Read more…

Liquidity and balance of payments in Iraq declined over the past three months.

Liquidity and balance of payments in Iraq declined over the past three months.

2025-10-29 01:17

Shafaq News – Baghdad
The Iraqi Ministry of Planning announced on Wednesday the economic indicators for the country for the first quarter of 2025.

The Ministry’s Central Statistical Organization stated in a report seen by Shafaq News Agency that the most important indicators for the first quarter of 2025 point Read more…

“Oil for water”: A Turkish agreement places Iraq at the heart of an equation that confounds Iran.

“Oil for water”: A Turkish agreement places Iraq at the heart of an equation that confounds Iran.

2025-10-29 04:16

Shafaq News – Tehran / Special Translation
In a move described as unprecedented in the Middle East, Turkey is moving towards an agreement to release one billion cubic meters of water towards Iraq, in exchange for exporting half a million barrels of oil per day to Turkey.

The deal, which appears purely economic on the surface, is fundamentally Read more…

A report ranks Iraq on the “strongest reputation” index for countries.

A report ranks Iraq on the “strongest reputation” index for countries.

2025-10-29 03:57

Shafaq News – Baghdad
Iraq ranked 117th globally and eighth in the Arab world in the index of countries with the strongest international reputation, according to a report by the American magazine CEOWORLD.

The magazine stated in its report, which was reviewed Read more…

5 days of electoral calm.. The Commission reveals the date of special voting and the voting holiday – Urgent

5 days of electoral calm.. The Commission reveals the date of special voting and the voting holiday – Urgent

2025-10-29

The Electoral Commission revealed on Tuesday (October 28, 2025) the details of the election holiday and the date of the special voting for the upcoming House of Representatives elections.

The head of the commission’s media team, Imad Jamil, said in a press statement that “the special voting will take place on Read more…

Timur: The Baghdad-Erbil agreement includes the oil law and the implementation of Article 140.

Timur: The Baghdad-Erbil agreement includes the oil law and the implementation of Article 140.

10-28-2025

Al-Maalouma / Baghdad…
Representative Jiay Timur confirmed, on Tuesday, that the recent agreement between the federal government in Baghdad and the Kurdistan Regional Government included important understandings regarding Read more…

Al-Fayez: Talk of a second term for Al-Sudani is premature.

Al-Fayez: Talk of a second term for Al-Sudani is premature.

10-28-2025

Al-Maalouma/Baghdad..
MP Amer Al-Fayez confirmed on Tuesday that it is still too early to talk about a second term for Prime Minister Mohammed Shia Al-Sudani, noting that the results of the November 11 elections and the political alliances that will follow will determine Read more…

Due to election campaigns, Al-Saadi: No Parliament sessions before November 11

Due to election campaigns, Al-Saadi: No Parliament sessions before November 11

10-28-2025

Al-Maalouma / Baghdad..
The head of the Parliamentary Legal Committee, MP Murtada Al-Saadi, confirmed on Tuesday that it is impossible to hold any session of the House of Representatives before November 11, due to the preoccupation of political forces and representatives with the ongoing Read more…

Excelerate Energy CEO: Our agreement puts Iraq on the global gas market map for the first time

Excelerate Energy CEO: Our agreement puts Iraq on the global gas market map for the first time

2025-10-28 04:55

Shafaq News – Baghdad
US company Excelerate Energy announced on Tuesday details of its agreement with the Iraqi government to develop the country’s first floating terminal for importing liquefied natural gas (LNG) at Khor al-Zubair Port in Basra Governorate, with an investment estimated at approximately $450 million.

The company said in a statement Read more…

IMF: Iraq is expected to be the fourth largest Arab economy by 2030.

IMF: Iraq is expected to be the fourth largest Arab economy by 2030.

2025-10-28 06:05

Shafaq News – Baghdad
The International Monetary Fund predicted on Tuesday that Iraq will rank fourth among the largest economies in the Arab world by 2030.

According to the report, Read more…

The Prime Minister sponsors the signing ceremony of the contract for the implementation of the floating gas platform.

The Prime Minister sponsors the signing ceremony of the contract for the implementation of the floating gas platform.

2025-10-28

Prime Minister Mohammed Shia al-Sudani sponsored the signing ceremony of the contract for the floating gas platform today, Tuesday. The Prime Minister’s media office stated in a statement, “Prime Minister Mohammed Shia al-Sudani Read more…

Advanced steps towards joining the World Trade Organization

Advanced steps towards joining the World Trade Organization

10/27/2025

The Ministry of Trade confirmed that Iraq is continuing its progress toward joining the World Trade Organization (WTO) after resuming the process that had been stalled for more than sixteen years.

The ministry’s official spokesperson, Read more…