IRAQI DINAR POLITICS & ECONOMY

Al-Sudani: We hope Iraq will be a gateway for 20% of Asian trade to Europe.

Al-Sudani: We hope Iraq will be a gateway for 20% of Asian trade to Europe.

2025-09-20 02:50

Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani announced on Saturday that Iraq aspires to become a gateway for 20 percent of trade from Asia to Europe via the vital development road project.

“We look forward to an Iraq that is largely free of oil revenues Read more…

US report: Iraq needs $95 oil price to balance its budget

US report: Iraq needs $95 oil price to balance its budget

2025-09-20 02:32

Shafaq News – Baghdad
S&P Global Commodity Insights revealed on Saturday that Iraq needs an oil price of $92 per barrel to balance its budget this year.

According to the agency’s report on the oil prices needed by the Middle East and North Africa region to balance its national budgets for 2025, which was reviewed by Read more…

Avoiding a life-or-death choice, Iraqis may lose the blessing of air conditioning and their last hope in the Gulf.

Avoiding a life-or-death choice, Iraqis may lose the blessing of air conditioning and their last hope in the Gulf.

2025-09-20 03:25

Shafaq News – Translation
Demand for electricity is doubling in the Middle East, particularly Iraq, threatening to exacerbate social and political unrest. Governments unable to secure a reliable source of electricity to power cooling systems, desalinate water, and keep the lights on during the summer months, risk losing legitimacy Read more…

Iraq’s holdings of US bonds have fallen to less than $30 billion.

Iraq’s holdings of US bonds have fallen to less than $30 billion.

2025-09-20 04:43

Shafaq News – Baghdad / Washington
The US Treasury Department announced on Saturday that Iraq is not among the top 20 countries holding US bonds, while two Arab countries are among the top holders.

The Treasury stated in its latest table for September 2025, Read more…

Kurdistan: The region has become a hub for supplying the Iraqi market with Japanese cars.

Kurdistan: The region has become a hub for supplying the Iraqi market with Japanese cars.

2025-09-20 05:44

Shafaq News – Dohuk
Kurdistan Region President Nechirvan Barzani said on Saturday that Japan is using the region as a base to supply other Iraqi cities and regions with cars.

This came in a speech he delivered during his attendance at the opening of the Toyota Quality Testing Read more…

A deputy criticizes the Iraqi parliament: The current session failed to question any government officials.

A deputy criticizes the Iraqi parliament: The current session failed to question any government officials.

2025-09-20 05:10

Shafaq News – Baghdad
MP Haitham al-Fahd of the Basis bloc confirmed on Saturday that parliament had collected signatures to question Prime Minister Mohammed Shia al-Sudani’s government, including al-Sudani himself and all his ministers. However, Read more…

Government advisor: The Iraqi economy urgently needs to diversify and move away from its oil dominance.

Government advisor: The Iraqi economy urgently needs to diversify and move away from its oil dominance.

2025/09/19

The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed that the Iraqi economy faces fundamental challenges due to its overreliance on crude oil exports.
Saleh told Al Furat News Agency, “The Iraqi economy is one of the most rentier economies in the world, with oil revenues accounting for Read more…

A US official explicitly states: Our forces will remain in Iraq indefinitely.

A US official explicitly states: Our forces will remain in Iraq indefinitely.

2025-09-19 | 04:21

Alsumaria News
A senior US security official revealed that International Coalition In Iraq, there is talk of a final withdrawal of US forces and coalition forces to fight ISIS It is still early, indicating that its presence will continue “indefinitely.”
The official said in a press statement, “What is currently happening is a Read more…

Political expert: Oil smuggling to Türkiye is a secret deal run by the Barzani family.

Political expert: Oil smuggling to Türkiye is a secret deal run by the Barzani family.

9-19-2025

Al-Ma’aluma/Anbar:
Political expert Mohammed al-Dhari revealed on Friday that Iraqi oil smuggling to Turkey is part of a political and commercial deal orchestrated by the ruling family in the Kurdistan Region, in exchange for legitimizing the Turkish military’s incursion Read more…

Due to Washington’s refusal, Iraq suspends its gas import contract from Turkmenistan.

Due to Washington’s refusal, Iraq suspends its gas import contract from Turkmenistan.

2025-09-19 01:13

Shafaq News – Baghdad
The Iraqi government has decided to suspend a gas import contract with Turkmenistan due to US opposition to the contract, which includes a clause allowing Iran to receive a quarter of the gas supplied through its territory, Reuters reported Read more…

Al-Maliki accuses al-Sudani of strengthening the Muslim Brotherhood movement among Sunnis inside Iraq.

Al-Maliki accuses al-Sudani of strengthening the Muslim Brotherhood movement among Sunnis inside Iraq.

2025-09-19 03:23

Shafaq News – Baghdad
On Friday, Member of Parliament Raed al-Maliki considered his decision to dismiss the head of the Sunni Endowment Diwan, Mishaan al-Khazraji, and the praise he received from Sovereignty Party leader Khamis al-Khanjar, as “a strengthening of the Muslim Brotherhood’s influence Read more…

Al-Sudani: Boycotting the elections is not the solution and will be a gift to the corrupt.

Al-Sudani: Boycotting the elections is not the solution and will be a gift to the corrupt.

2025-09-19

Prime Minister Mohammed Shia al-Sudani said on Thursday that boycotting the elections scheduled for November 11 is not the solution, stressing that a boycott would be a gift to the corrupt.

“Prime Minister Mohammed Shia al-Sudani met Thursday, with a group Read more…

MP: 2025 budget deficit reaches 15 trillion

MP: 2025 budget deficit reaches 15 trillion

9-18-2025

Al-Maalouma/Exclusive..
Representative, Moeen Al-Kadhimi, confirmed today, Thursday, that the actual expenditures for the year 2025 did not exceed 150 trillion dinars, attributing the reason to a clear shortcoming in equipping ministries and governorates with Read more…

Associated gas: a qualitative leap in Iraq’s economic capabilities

Associated gas: a qualitative leap in Iraq’s economic capabilities

09/18/2025

The Ministry of Oil’s announcement of the production of 220 million standard cubic feet per day of associated gas from the West Qurna field is of great importance as it is part of the government’s efforts to reduce waste from this important resource and provide clean energy for power plants and Read more…

Parliamentary movement to question the Ministry of Foreign Affairs regarding the maritime border map with Kuwait.

Parliamentary movement to question the Ministry of Foreign Affairs regarding the maritime border map with Kuwait.

2025-09-18 07:46

Shafaq News – Baghdad
The House of Representatives’ Foreign Relations Committee confirmed on Thursday its intention to send official letters to the Ministry of Foreign Affairs to inquire about its procedures regarding the deposit of the maritime domain map with the United Nations.

Committee member MP Amer al-Fayez told Read more…

Coming from Qatar, a giant American transport plane lands at Ain al-Asad base.

Coming from Qatar, a giant American transport plane lands at Ain al-Asad base.

9-18-2025

Al-Maalouma/Anbar..
A security source in Anbar province revealed on Thursday that Ain al-Assad airbase witnessed the landing of a giant American transport plane coming from the State of Qatar, amid heavy flying of American warplanes in the skies of the western regions.
The source told Al-Maalouma Agency, “Ain al-Assad base in the al-Baghdadi area Read more…

Mounes accuses the government of relying on debt to complete projects and warns of a coming crisis.

Mounes accuses the government of relying on debt to complete projects and warns of a coming crisis.

9-18-2025

Information/Baghdad..
Member of the Parliamentary Finance Committee, Hussein Mounes, warned today, Thursday, of the repercussions of the current financial policy, noting that Al-Sudani’s government is financing its projects and building bridges through borrowing due to bankruptcy.
Mounes said, “Al-Sudani’s government is now Read more…

Asia and Zain plunder Iraq’s treasury, and Al-Mashhadani and Al-Sudani are at the heart of the corporate power scandal.

Asia and Zain plunder Iraq’s treasury, and Al-Mashhadani and Al-Sudani are at the heart of the corporate power scandal.

9-18-2025

Information / Special ..
The threads of the largest corruption files in Iraq are being revealed day after day, as mobile phone companies (Zain and Asiacell) continue to manipulate the fate of billions of dinars owed to the state treasury, amid suspicious official silence and political collusion Read more…

MP calls for government to be held accountable for obstructing the budget

MP calls for government to be held accountable for obstructing the budget

9-18-2025

Al-Maalouma/Baghdad..
Representative Raed Al-Maliki called on citizens, on Thursday, to hold the government accountable through the ballot boxes for obstructing the budget schedules and halting their interests after all attempts to hold it accountable Read more…

Iraq signs an agreement and seven trade memoranda of understanding with Lebanon.

Iraq signs an agreement and seven trade memoranda of understanding with Lebanon.

2025-09-18 04:38

Shafaq News – Baghdad
The Iraqi Ministry of Trade and the Lebanese Ministry of Economy and Trade signed an agreement and seven memoranda of understanding today, Thursday, to enhance trade and investment between the two countries.

This came during the second session of the Iraqi-Lebanese Joint Committee held Read more…