IRAQI DINAR POLITICS & ECONOMY

MP: The government will not respond to demands to return the Popular Mobilization Forces law to parliament.

MP: The government will not respond to demands to return the Popular Mobilization Forces law to parliament.

9-7-2025

Al-Maalouma/Baghdad..
Member of Parliament Zahra Al-Bajari ruled out on Sunday the government’s response to demands from some political blocs regarding the return of the two draft Popular Mobilization Forces (PMF) laws to parliament, despite official statements that spoke of Read more…

Integrity: Digital transformation prevents corruption and increases state revenues.

Integrity: Digital transformation prevents corruption and increases state revenues.

9-7-2025

Al-Maalouma/Baghdad..
The Federal Integrity Commission stressed, on Sunday, the necessity of transforming state institutions to a digital system, which contributes to preventing corruption and increasing state revenues.
The head of the commission, Mohammed Ali Al-Lami, said in a statement received by Al-Maalouma Agency, that “state institutions must move to digitalization and Read more…

Iraq’s oil exports to the US surge to over 300,000 barrels per day

Iraq’s oil exports to the US surge to over 300,000 barrels per day

2025-09-07

Shafaq News – Washington / Baghdad
The U.S. Energy Information Administration announced on Sunday that it recorded a significant increase in Iraqi oil exports to the United States over the past week.

The administration said in statistics reviewed Read more…

Iraqi factories: silent machines and machinery waiting to be brought back to life.

Iraqi factories: silent machines and machinery waiting to be brought back to life.

2025-09-07 01:35

Shafaq News – Baghdad
For 22 years now, thousands of machines in Iraqi factories have been standing still, operating only in memory and not on the ground. Machines born to produce, feed the market, and provide job opportunities, have been transformed over time into Read more…

Liquidity shortages hamper disbursement of contractors’ checks in Mosul

Liquidity shortages hamper disbursement of contractors’ checks in Mosul

2025-09-07 02:24

Shafaq News – Nineveh
A number of contractors in Nineveh Governorate reported on Sunday that they are facing significant difficulties in disbursing checks issued by government departments through branches of the government-run Rashid Bank, particularly the 100 Khalid bin Al-Walid and 130 Al-Dawasa branches in central Mosul.

Contractors told Shafaq News Agency, “Banks are refusing to cash the checks, citing Read more…

SOMO: US sanctions do not target Iraq’s oil exports

SOMO: US sanctions do not target Iraq’s oil exports

2025-09-07 03:38

Shafaq News – Baghdad
The Director General of the Iraqi Oil Marketing Organization (SOMO), Ali Nizar al-Shatri, stated on Sunday that the oil sanctions imposed by the United States do not target the country’s crude exports “neither directly nor remotely.”

In early July, the US Treasury Department announced sanctions against Read more…

Al-Sudani dismisses 15 electricity directors due to delayed collection and waste.

Al-Sudani dismisses 15 electricity directors due to delayed collection and waste.

2025-09-07 05:19

Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani ordered the dismissal of 15 directors-general at the Ministry of Electricity on Sunday, citing delays in collection and monitoring of waste.

Al-Sudani’s media office said in a statement received Read more…

Baghdad and Washington stress the importance of continuing and developing security cooperation.

Baghdad and Washington stress the importance of continuing and developing security cooperation.

2025-09-07

Iraqi Foreign Minister Fuad Hussein and the new US Chargé d’Affaires in Baghdad, Joshua Harris, stressed the importance of continuing and developing security cooperation at this stage.

The Foreign Ministry said in a statement, “Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received the new US Chargé d’Affaires, Joshua Harris, Read more…

Basra Council: Turkish warships cost Iraq $1 million a day to no avail.

Basra Council: Turkish warships cost Iraq $1 million a day to no avail.

9-6-2025

Al-Maalouma/Basra..
A media source in the Basra Provincial Council revealed today, Saturday, that the two Turkish generating barges that were recently connected to the power grids and transmission lines in the ports of Khor Al-Zubair and Umm Qasr have not achieved the desired benefit despite the exorbitant cost Read more…

US Positioning in Iraq: Baghdad Claims Victory, Iran the Biggest Winner

US Positioning in Iraq: Baghdad Claims Victory, Iran the Biggest Winner

2025-09-06 08:37

Shafaq News – Special Translation
The American Foreign Policy in Focus Center has raised concerns that the US redeployment plan could lead to a “redrawing of Iraq’s political map” without achieving real stability. It suggested that Iran could be the “biggest winner” and that the Kurdistan Region may be inclined to Read more…

Mazhar Saleh: The Amman Agreements are a roadmap for regional openness and Gulf partnerships.

Mazhar Saleh: The Amman Agreements are a roadmap for regional openness and Gulf partnerships.

2025/09/06

The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, affirmed today, Saturday, that the agreements concluded with Oman constitute a roadmap for greater openness on the Arab and regional levels, while noting that they will open the doors to partnerships with Gulf states and international seaports.
In a press statement, Saleh said, “The memoranda of understanding signed by Prime Read more…

Al-Shabli rules out the approval of the oil and gas law and holds the region responsible for the obstruction.

Al-Shabli rules out the approval of the oil and gas law and holds the region responsible for the obstruction.

9-6-2025

Information / Baghdad..
Member of Parliament Kazim al-Shibli ruled out the possibility of passing the oil and gas law during the current legislative session on Saturday, considering the ongoing disputes between Baghdad and Erbil over the law’s provisions and Read more…

MP: The government is slow to finalize budget schedules and pension amendments.

MP: The government is slow to finalize budget schedules and pension amendments.

9-6-2025

Information / Baghdad..
Member of Parliament Mohammed Radhi Sultan confirmed on Saturday that the government is still not serious about submitting the 2025 budget schedules, despite two-thirds of the year having passed. He also noted the delay in amending Read more…

Al-Ziyadi: Al-Sudani’s second term is now a thing of the past.

Al-Ziyadi: Al-Sudani’s second term is now a thing of the past.

9-6-2025

Al-Maalouma/Exclusive..
MP for the State of Law Coalition, Mohammed Al-Ziyadi, confirmed today, Saturday, that talk of a second term for Prime Minister Mohammed Shia Al-Sudani is no longer on the table in light of the current political balances.
Al-Ziyadi said in a statement Read more…

US Representative to Shafaq News: We do not want Iraq to retreat, and Iran is trying to “reposition itself.”

US Representative to Shafaq News: We do not want Iraq to retreat, and Iran is trying to “reposition itself.”

2025-09-06 01:22

Shafaq News – Washington
Mustafa Hashem
US Representative Marilyn Stutzman confirmed on Saturday that Iran is attempting to “reposition itself” in Iraq, which is causing concern for the United States. He noted that the Trump administration does not want Iraq to retreat after all the “sacrifices” made Read more…

Iraq faces “serious” challenges with a fiscal deficit exceeding 7 trillion dinars.

Iraq faces “serious” challenges with a fiscal deficit exceeding 7 trillion dinars.

2025-09-06 02:20

Shafaq News – Baghdad
The Echo Iraq Observatory, which specializes in economic affairs, noted on Saturday that there is a large financial deficit in the Iraqi budget, exceeding 7 trillion dinars during the first half of 2025, with limited options available to cover this deficit.

Ali Naji, a member of the observatory, said in a press statement Read more…

Al-Sudani: Iraq’s oil reserves amount to 150 billion barrels and will supply the world for more than a century.

Al-Sudani: Iraq’s oil reserves amount to 150 billion barrels and will supply the world for more than a century.

2025-09-06 03:16

Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani announced on Saturday that Iraq’s oil reserves amount to approximately 150 billion barrels, indicating that the country could supply world markets with crude oil for more than a century.

In a speech he delivered at the launch of the Baghdad International Energy Forum, Read more…

Turkish Energy: Iraq is one of the most important players in the oil sector, and we must cooperate with it.

Turkish Energy: Iraq is one of the most important players in the oil sector, and we must cooperate with it.

2025-09-06 05:06

Shafaq News – Baghdad
Turkish Undersecretary of Energy Ahmet Gunkar stressed on Saturday the need for cooperation with Iraq in the oil and renewable energy sectors, noting that Iraq is one of the region’s most important oil players, and that no country can Read more…

SOMO to Shafaq News: Kurdistan’s oil exports depend on the producing companies

SOMO to Shafaq News: Kurdistan’s oil exports depend on the producing companies

2025-09-06 06:40

Shafaq News – Baghdad
The head of the State Oil Marketing Organization (SOMO), Ali Nizar, confirmed on Saturday that the resumption of Kurdistan’s oil exports depends on the producing companies.

Nizar told Shafaq News Agency, “The agreement between the federal Ministry of Oil, the Oil Marketing Company, and the Ministry of Natural Resources Read more…

“Things will be resolved soon,” the Foreign Minister said of the Erbil-Baghdad talks.

“Things will be resolved soon,” the Foreign Minister said of the Erbil-Baghdad talks.

2025-09-06 06:22

Shafaq News – Baghdad
Iraqi Foreign Minister Fuad Hussein revealed on Saturday significant progress between Baghdad and Erbil regarding the issue of non-oil revenues in the Kurdistan Region.

Hussein told reporters, “Regarding the agreement between the federal government and the Kurdistan Regional Government, it is witnessing significant progress Read more…