IRAQI DINAR POLITICS & ECONOMY

Al-Kadhimi: The regional government is evading its oil commitments under flimsy pretexts.

Al-Kadhimi: The regional government is evading its oil commitments under flimsy pretexts.

8-6-2025

Al-Maalouma / Exclusive..
Representative Moeen Al-Kadhimi accused the regional government on Wednesday of not adhering to the financial agreement with the federal government, noting that the region has only handed over 120 billion dinars in non-oil revenues despite receiving 900 billion dinars Read more…

The US State Department warns Baghdad: The Popular Mobilization Law changes the nature of our bilateral security partnership with Iraq.

The US State Department warns Baghdad: The Popular Mobilization Law changes the nature of our bilateral security partnership with Iraq.

2025-08-06

Shafaq News – Washington
The US State Department confirmed Tuesday evening that Washington opposes the Iraqi parliament’s efforts to enact the Popular Mobilization Forces (PMF) law, noting that its passage would alter the nature of the bilateral security partnership with Baghdad.

“We strongly oppose the legislation Read more…

The Oil Minister announced via Shafaq News that spending on gasoline imports will be reduced by 90%.

The Oil Minister announced via Shafaq News that spending on gasoline imports will be reduced by 90%.

2025-08-06 04:14

Shafaq News – Kirkuk
Oil Minister Hayan Abdul Ghani announced on Wednesday that annual spending on importing refined gasoline would be reduced from $5 billion to $500 million, following the opening of a hydrogenation and refined gasoline unit in Kirkuk Read more…

Iraq tops the list… India turns to the Middle East for oil imports

Iraq tops the list… India turns to the Middle East for oil imports

2025-08-06 03:59

Shafaq News – New Delhi
India is seeking to open new outlets to import oil to replace Russian crude, which is under intense pressure from the United States. Middle Eastern countries, led by Iraq, are emerging as potential candidates to fill any gap Read more…

With a “new law,” Iraq is in the crosshairs of US sanctions aimed at drying up Tehran’s funding.

With a “new law,” Iraq is in the crosshairs of US sanctions aimed at drying up Tehran’s funding.

2025-08-06 04:18

Shafaq News – Special Translation
The American website Oil Price revealed on Wednesday that Iraq has officially entered the targeted circle within the escalating US sanctions strategy against Iran, through a new bill submitted to Congress that aims to ban its imports Read more…

Oil Minister: Tomorrow we will resume oil exports via Ceyhan, Turkey.

Oil Minister: Tomorrow we will resume oil exports via Ceyhan, Turkey.

2025-08-06

Oil Minister Hayan Abdul Ghani inaugurated a number of oil station development and rehabilitation projects in Kirkuk province on Wednesday, while confirming that today or tomorrow we will resume oil exports via Ceyhan, Turkey. The minister Read more…

The Electoral Commission is enhancing voting machines with advanced cooling systems to cope with Iraq’s sweltering heat.

The Electoral Commission is enhancing voting machines with advanced cooling systems to cope with Iraq’s sweltering heat.

2025-08-06

The Independent High Electoral Commission announced technical updates to its verification and results acceleration devices in preparation for the upcoming parliamentary elections. Najaf Governorate announced that the distribution of old biometric cards among voters has exceeded Read more…

Kurdish sources: Erbil refuses to hand over non-oil revenues and prevents Baghdad committees from auditing.

Kurdish sources: Erbil refuses to hand over non-oil revenues and prevents Baghdad committees from auditing.

8-5-2025

Information/Baghdad..
Informed Kurdish sources revealed on Tuesday that the implementation of the financial agreement between the federal government and the Kurdistan Regional Government (KRG) continues to stall due to the latter’s refusal to hand over non-oil revenues to Baghdad.

Sources told Al-Maalouma News Agency that “the regional government is not Read more…

Iraq is threatened with sanctions.. Kurdish oil smuggling exposes corruption.

Iraq is threatened with sanctions.. Kurdish oil smuggling exposes corruption.

8-5-2025

Information/Exclusive:
Economic analyst Faleh al-Zubaidi warned Tuesday of the catastrophic consequences Iraq could face as a result of the continued smuggling of crude oil from the Kurdistan Region, stressing that this dangerous issue could lead to international sanctions being imposed Read more…

Al-Karawi warns of a financial crisis causing salary delays.

Al-Karawi warns of a financial crisis causing salary delays.

8-5-2025

Al-Maalouma / Special..
Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, confirmed on Tuesday that the delay in disbursing salaries to employees, retirees, and even social welfare benefits is the result of a real liquidity crisis due to the deficit in Read more…

Preparatory procedures for selecting the operating company for Mosul International Airport have begun.

Preparatory procedures for selecting the operating company for Mosul International Airport have begun.

2025-08-05 01:11

Shafaq News – Nineveh
Nineveh Governor Abdul Qadir al-Dakhil announced on Tuesday the commencement of preparatory procedures to select a company to operate Mosul International Airport. This is based on directives from Prime Minister Mohammed Shia al-Sudani and under the direct supervision of Read more…

India diversifies its oil sources, and Iraq is an imminent alternative to Russia.

India diversifies its oil sources, and Iraq is an imminent alternative to Russia.

2025-08-05 03:51

Shafaq News – Baghdad
Middle Eastern countries, led by Iraq, have emerged as potential candidates to fill any gap left by Russian supplies to India should Western sanctions on Moscow escalate.

India’s Department of Statistics reported that the country’s imports Read more…

Iraq launches a large-scale campaign to assert sovereignty over its maritime lanes

Iraq launches a large-scale campaign to assert sovereignty over its maritime lanes

2025-08-05 05:58

Shafaq News – Basra
The General Company for Iraqi Ports announced on Tuesday the launch of an expanded preemptive security campaign to survey and secure territorial waters and sea lanes, in coordination with the naval forces and security and intelligence Read more…

Iraqi Ports: Any ship without official documents will not enter the country.

Iraqi Ports: Any ship without official documents will not enter the country.

2025-08-05

The Director General of the General Company for Iraqi Ports, Farhan Al-Fartousi, confirmed on Tuesday that the security forces protecting the Khor Abdullah Canal are working continuously to secure goods. Al-Fartousi told the official news agency that “there is continuous monitoring of all ships Read more…

Ministry of Planning: The five-year development plan will reduce unemployment rates to below 10 percent.

Ministry of Planning: The five-year development plan will reduce unemployment rates to below 10 percent.

2025-08-05

The Ministry of Planning revealed, on Tuesday, the most prominent quantitative, economic and social targets included in the five-year development plan for the years (2024-2028), indicating that the five-year development plan will reduce Read more…

A parliamentarian calls for the dismissal of any member who misses five consecutive sessions.

A parliamentarian calls for the dismissal of any member who misses five consecutive sessions.

8-4-2025

Al-Maalouma / Exclusive..
Representative Hussein Arab warned of the continuing phenomenon of chronic absenteeism among members of the House of Representatives, noting that more than 150 representatives are continuously absent from sessions, which Read more…

Formation of a permanent high-level committee between Baghdad and Erbil to unify customs duties and improve performance.

Formation of a permanent high-level committee between Baghdad and Erbil to unify customs duties and improve performance.

2025-08-04 07:14

Shafaq News – Baghdad
The Iraqi Ministerial Council for the Economy decided on Monday to form a permanent high-level committee between Baghdad and Erbil to unify efforts and develop customs operations across all border crossings.

This came during the 25th session of the Ministerial Economic Council chaired by Read more…

MP warns against passing the Khor Abdullah agreement: The street is waiting and pressure is mounting.

MP warns against passing the Khor Abdullah agreement: The street is waiting and pressure is mounting.

8-4-2025

Al-Maalouma/Baghdad…
Member of Parliament, Jawad Al-Yasari, confirmed on Monday that the Khor Abdullah Agreement file has officially returned to Parliament, after the President and Prime Minister withdrew the two appeals submitted regarding it. He pointed out that the fate of the agreement is now dependent on the will and vote of Read more…

World Council: Iraq will not purchase gold in 2025

World Council: Iraq will not purchase gold in 2025

2025-08-04 03:25

Shafaq News – Baghdad
The World Gold Council confirmed on Monday that Iraq did not purchase any gold during the first half of 2025, noting that it nevertheless maintained its global ranking among countries with the largest reserves Read more…

Chinese companies enter the Iraqi oil market as major players decline.

Chinese companies enter the Iraqi oil market as major players decline.

2025-08-04 03:31

Shafaq News – Baghdad
A number of independent Chinese oil companies have expanded their investments in Iraq, OPEC’s second-largest producer, entering a market previously dominated by major oil companies, while some of these international firms have begun to reduce Read more…