IRAQI DINAR POLITICS & ECONOMY

Political differences hinder the enactment of the oil and gas law.

Political differences hinder the enactment of the oil and gas law.

9-3-2025

Political differences hinder the enactment of the oil and gas lawAl-Maalouma/Baghdad..
Member of the Parliamentary Oil and Gas Committee, Bahaa al-Din al-Nouri, said on Wednesday that the disagreements hindering the passage of the Oil and Gas Law are political in nature, not technical.
Al-Nouri said in a statement to Read more…

Be the first to comment - What do you think?  Posted by MDV - September 3, 2025 at 7:47 am

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BP begins development work on the Northern Oil and Gas Company: “A qualitative leap and a huge investment figure”

BP begins development work on the Northern Oil and Gas Company: “A qualitative leap and a huge investment figure”

2025-09-03 00:49

BP begins development work on the Northern Oil and Gas Company - A qualitative leap and a huge investment figureShafaq News – Kirkuk
Oil sources in the two government-owned companies, the North Oil and North Gas, reported on Wednesday that experts from the British oil company BP have begun work on developing the two companies’ infrastructure and production facilities, as part of a contract signed with the Iraqi Ministry Read more…

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$200 billion in trade between China and Iraq by 2024

$200 billion in trade between China and Iraq by 2024

2025-09-03 04:46

200 billion in trade between China and Iraq by 2024Shafaq News – Baghdad
The Chinese Embassy Counselor in Iraq, Xu Haifeng, confirmed on Wednesday that Iraq is a key partner for his country, noting that China imported approximately 64 million tons of crude oil from Iraq in 2024.

In a press conference held in Baghdad to mark the 80th anniversary of the victory Read more…

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Source: Iraqi retirees’ salaries postponed until September

Source: Iraqi retirees’ salaries postponed until September

2025-09-03 06:04

Source - Iraqi retirees salaries postponed until SeptemberShafaq News – Baghdad
An informed source reported on Wednesday that the disbursement of retirees’ salaries has been postponed until further notice.

The source told Shafaq News Agency that the salaries of civilian and military retirees for the current month of September have been postponed until further notice, which has not yet been announced, due to the lack of financial liquidity. He expected Read more…

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German Ambassador: Access to Finance Guide will develop Iraq’s financial sector

German Ambassador: Access to Finance Guide will develop Iraq’s financial sector

2025-09-03

German Ambassador - Access to Finance Guide will develop Iraqs financial sectorThe Chargé d’Affaires of the German Embassy in Iraq, Roland Westebe, confirmed on Wednesday that the Access to Finance Guide is a strategic step for small and medium-sized enterprises (SMEs). He pointed out that the cooperation with the Central Bank aims to strengthen and support the financial sector in Iraq for the coming years. Westebe told the official agency, “The Access to Finance Guide offers Read more…

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Awaiting a date, a representative announces the completion of the procedures for interrogating Al-Sudani in Parliament.

Awaiting a date, a representative announces the completion of the procedures for interrogating Al-Sudani in Parliament.

2025-09-02 09:32

Awaiting a date a representative announces the completion of the procedures for interrogating Al-Sudani in ParliamentShafaq News – Baghdad
MP Mustafa Al-Karawi announced on Tuesday that the parliamentary process for questioning Prime Minister Mohammed Shia al-Sudani over his failure to submit the federal budget has been completed.

Al-Karawi said in a Facebook post, ” After I filed a lawsuit against the government Read more…

Be the first to comment - What do you think?  Posted by MDV - September 2, 2025 at 9:39 am

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US sanctions companies run by Iraqi businessman for smuggling Iranian oil

US sanctions companies run by Iraqi businessman for smuggling Iranian oil

2025-09-02 08:48

US sanctions companies run by Iraqi businessman for smuggling Iranian oilShafaq News – Washington
The US Treasury Department’s Office of Foreign Assets Control (OFAC) on Tuesday imposed sanctions on a network of companies and shipping vessels led by UAE-based Iraqi businessman Walid Khalid Hamid al-Samarrai, accusing him of smuggling Iranian oil disguised as Read more…

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Economist: The 2025 budget faces declining oil prices and requires financial discipline.

Economist: The 2025 budget faces declining oil prices and requires financial discipline.

9-2-2025

Economist - The 2025 budget faces declining oil prices and requires financial discipline.Information/Special…
Economic advisor Mazhar Mohammed Saleh confirmed on Tuesday that the 2025 budget will undergo a comprehensive review due to the decline in global oil prices from the price set in the General Budget Law of $70 per barrel, stressing the need to rearrange Read more…

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MP: Unqualified ambassadors in a time of budget deficit and stalled projects

MP: Unqualified ambassadors in a time of budget deficit and stalled projects

9-2-2025

MP - Unqualified ambassadors in a time of budget deficit and stalled projectsAl-Maalouma / Exclusive..
MP Haider Al-Salami considered, on Tuesday, that the passage of the ambassador list in parliament by a limited group of representatives represents “a stab in the back of Iraqi diplomacy.”
Al-Salami said in a statement to / Al-Maalouma /: “Most of the names that were voted on do not have the required qualifications to be the face of Iraq in Read more…

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Iraq maintains its global ranking in gold reserves.

Iraq maintains its global ranking in gold reserves.

2025-09-02 02:25

Iraq maintains its global ranking in gold reservesShafaq News – Baghdad
The World Gold Council confirmed on Tuesday that Iraq has maintained its global ranking in gold reserves.

According to the council’s latest statistics, for September, seen by Shafaq News Agency, Iraq has not purchased any gold in seven months of 2025, indicating that Read more…

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Al-Sudani and Cropper follow up on the implementation of the US withdrawal

Al-Sudani and Cropper follow up on the implementation of the US withdrawal

2025-09-02 04:10

Al-Sudani and Cropper follow up on the implementation of the US withdrawalShafaq News – Baghdad
Iraqi Prime Minister Mohammed Shia al-Sudani discussed with the new commander of US Central Command, Admiral Brad Cropper, on Tuesday the implementation of the US withdrawal from the country.

This came during his reception of Cropper and his accompanying delegation, in the presence of Read more…

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The Iraqi parliament sets the end date for its legislative term and comments on the postponement of elections.

The Iraqi parliament sets the end date for its legislative term and comments on the postponement of elections.

2025-09-02 05:56

The Iraqi parliament sets the end date for its legislative term and comments on the postponement of electionsShafaq News – Baghdad
Deputy Chairman of the Parliamentary Committee on Regions and Governorates, Jawad Al-Yasari, revealed on Tuesday that the House of Representatives will continue to hold its regular sessions until the end of the fifth parliamentary term, specifically on January 6, 2026.

The leftist told Shafaq News Agency, “The House of Representatives will resume its Read more…

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On charges of kidnapping, a legal case was initiated against Al-Maliki and Zidane.

On charges of kidnapping, a legal case was initiated against Al-Maliki and Zidane.

2025-09-02 05:36

On charges of kidnapping a legal case was initiated against Al-Maliki and ZidaneShafaq News – Special Translation
The American website International Policy Digest revealed that Kurdish-American businesswoman Sara Saleem filed a lawsuit against the head of Iraq’s Supreme Judicial Council, Faiq Zaidan, and former Prime Minister Nouri al-Maliki. Saleem was kidnapped, assaulted, and blackmailed over a Read more…

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Tax Reform Committee: Revenues Increased by 26 Percent

Tax Reform Committee: Revenues Increased by 26 Percent

2025-09-02

Tax Reform Committee - Revenues Increased by 26 PercentThe Tax Reform Committee announced on Tuesday that it had achieved 100 percent of the reforms with government support, while noting that tax revenues had increased by 26 percent. Abdul-Hussein al-Anbaki, head of the Higher Tax Reform Committee, told the official news agency, “Iraq had not witnessed any real tax Read more…

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The Ministry of Industry announces the restart of the first urea fertilizer production line, with a capacity of 1,000 tons per day.

The Ministry of Industry announces the restart of the first urea fertilizer production line, with a capacity of 1,000 tons per day.

2025-09-01

The Ministry of Industry announces the restart of the first urea fertilizer production line with a capacity of 1000 tons per dayThe Ministry of Industry and Minerals announced on Monday the resumption of operations of the first urea fertilizer production line with a capacity of 1,000 tons per day. The ministry stated in a statement that “the Southern Fertilizer Company, one of the formations of the Ministry of Industry and Minerals, has resumed operations of the first urea fertilizer production line with a capacity of 1,000 tons per day, after Read more…

Be the first to comment - What do you think?  Posted by MDV - September 1, 2025 at 8:19 am

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Sudani’s exclusion: Political and parliamentary factors will determine the next prime minister.

Sudani’s exclusion: Political and parliamentary factors will determine the next prime minister.

9-1-2025

Sudanis exclusion - Political and parliamentary factors will determine the next prime ministerInformation/Baghdad…
The political landscape in Iraq appears headed toward a change in leadership, avoiding a repeat of past experiences. Despite the renewal of Nouri al-Maliki’s term over the past decade, the current dynamics are different, particularly given the refusal of prominent political forces to reinstate Mohammed Shia al-Sudani as prime minister. This refusal is despite attempts Read more…

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The Parliamentary Finance Committee calls for questioning the government for not submitting budget schedules.

The Parliamentary Finance Committee calls for questioning the government for not submitting budget schedules.

9-1-2025

The Parliamentary Finance Committee calls for questioning the government for not submitting budget schedulesAl-Maalouma/Baghdad..
The Parliamentary Finance Committee accused the government on Monday of delaying the submission of the 2025 budget tables to Parliament, considering this action a clear legal and constitutional violation.
Committee member Mustafa Khalil told Al-Maalouma Agency, “The government violated Article 77/Second by not submitting the budget tables Read more…

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The four presidencies agree to postpone the Popular Mobilization Forces Law to the next session.

The four presidencies agree to postpone the Popular Mobilization Forces Law to the next session.

2025-09-01 01:24

The four presidencies agree to postpone the Popular Mobilization Forces Law to the next sessionShafaq News – Baghdad
The Coordination Framework, which brings together Iraq’s ruling Shiite political forces, revealed on Monday that there is an agreement among the four presidencies to postpone the approval of the Popular Mobilization Forces (PMF) law and withdraw the draft law from parliament.

A member of the Coordination Framework, Read more…

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Al-Sudani from Mosul: Reconstructing the Great Mosque of al-Nuri and al-Hadba is a victory over terrorism.

Al-Sudani from Mosul: Reconstructing the Great Mosque of al-Nuri and al-Hadba is a victory over terrorism.

2025-09-01 03:32

Al-Sudani from Mosul - Reconstructing the Great Mosque of al-Nuri and al-Hadba is a victory over terrorismShafaq News – Nineveh
Prime Minister Mohammed Shia al-Sudani affirmed on Monday that the reconstruction of the Great Mosque of al-Nuri and its Al-Hadba minaret in Mosul represents a major victory over black terrorism, praising the prominent role of the UAE and UNESCO in completing this project.

In his speech during the opening ceremony, Al-Sudani said, “I extend a warm Read more…

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An American company confirms a decrease in Iraq’s imports of refined petroleum products.

An American company confirms a decrease in Iraq’s imports of refined petroleum products.

2025-09-01 06:26

An American company confirms a decrease in Iraqs imports of refined petroleum productsShafaq News – Baghdad
Standard Poor’s Global Commodities confirmed on Monday that Iraq imported more than 56,000 barrels per day of refined petroleum products in the second quarter of 2025.

The company stated in a statement monitored by Shafaq News Agency that “Iraq, an OPEC member, imported 56,300 barrels per day of refined petroleum products Read more…

Be the first to comment - What do you think?  Posted by MDV - at 6:48 am

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