IRAQI DINAR POLITICS & ECONOMY

Parliamentary Wealth Committee: Kurdistan Region is obligated to pay its oil revenues.

Parliamentary Wealth Committee: Kurdistan Region is obligated to pay its oil revenues.

7-29-2025

Al-Maalouma/Baghdad..
Member of the Parliamentary Oil and Natural Resources Committee, Basem Naghmesh, confirmed today, Tuesday, that the Kurdistan Region is obligated to hand over oil revenues to the federal government, according to the agreement signed Read more…

MP: Withdrawing US forces from Iraq is a national obligation for Al-Sudani’s government

MP: Withdrawing US forces from Iraq is a national obligation for Al-Sudani’s government

7-29-2025

Al-Maalouma / Baghdad..
Member of Parliament, Yasser Al-Husseini, affirmed today, Tuesday, that the withdrawal of US forces from Iraq represents a national obligation for the current government, noting that the previous government shirked its responsibilities Read more…

Integrity announces Iraq’s accession to the International Anti-Corruption League.

Integrity announces Iraq’s accession to the International Anti-Corruption League.

7-29-2025

Al-Maalouma/Baghdad..
The Federal Integrity Commission announced, on Tuesday, that Iraq has joined the International Association of Anti-Corruption Authorities.
A statement from the Commission received by Al-Maalouma Agency stated that: “The Republic of Iraq, represented by Read more…

The President of the Republic issues a decree appointing Al-Atwani as Governor of Baghdad

The President of the Republic issues a decree appointing Al-Atwani as Governor of Baghdad

2025-07-29 01:59

Shafaq News – Baghdad
Iraqi President Abdul Latif Jamal Rashid issued a presidential decree on Tuesday appointing Atwan al-Atwani as head of the local government of the capital, Baghdad.

Rashid, in accordance with the decree he signed on July 29, directed Read more…

Iraq’s financial revenues exceed 46 trillion dinars in five months.

Iraq’s financial revenues exceed 46 trillion dinars in five months.

2025-07-29 02:19

Shafaq News – Baghdad
The Ministry of Finance revealed on Tuesday that Iraq’s federal budget revenues from January to May 2025 exceeded 46 trillion dinars, confirming that oil accounts for 91% of the budget.

Shafaq News Agency followed up on the data and tables issued Read more…

Türkiye demands Iraq guarantee “full use” of the Kirkuk-Ceyhan pipeline through a new agreement.

Türkiye demands Iraq guarantee “full use” of the Kirkuk-Ceyhan pipeline through a new agreement.

2025-07-29 02:57

Shafaq News – Baghdad
Turkish Energy Minister Alparslan Bayraktar confirmed on Tuesday that his country demands that the proposed new agreement with Iraq include a “mechanism ensuring full use” of the Kirkuk-Ceyhan oil pipeline, as part of ongoing negotiations to expand the bilateral agreement Read more…

OPEC+ asks Iraq to submit a plan to compensate for excess oil production.

OPEC+ asks Iraq to submit a plan to compensate for excess oil production.

2025-07-29 03:28

Shafaq News – Baghdad
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has asked Iraq to submit an updated plan to compensate for excess oil production that exceeded its quota under production agreements.

The committee stressed the need for full compliance Read more…

Bank of Baghdad achieves a historic achievement as the first bank in Iraq.

Bank of Baghdad achieves a historic achievement as the first bank in Iraq.

2025/07/28

In a move that confirms its leadership position and advanced financial capabilities, the Bank of Baghdad announced an unprecedented achievement in the Iraqi banking sector, concluding a strategic agreement with the Ministry of Finance to become the first private bank ever to be granted the authority Read more…

10 Reasons Behind the Decline in the US Dollar Against the Iraqi Dinar

10 Reasons Behind the Decline in the US Dollar Against the Iraqi Dinar

2025-07-28 | 07:02

Alsumaria News
The exchange rate of the dollar against the Iraqi dinar has witnessed a significant decline recently. This decline is due to a group of intertwined economic and procedural factors, which vary in their level of influence but, together, have Read more…

Al-Muhammadi: The government violated the law by not submitting budget schedules.

Al-Muhammadi: The government violated the law by not submitting budget schedules.

7-28-2025

Al-Maalouma / Baghdad..
Member of the Parliamentary Legal Committee, Yahya Al-Muhammadi, confirmed today, Monday, that the government committed a legal violation by not sending the 2025 budget tables to Parliament within the specified deadlines.
Al-Muhammadi said in a statement Read more…

Financial expert: “Economic uncertainty” behind the dollar’s decline in Iraq

Financial expert: “Economic uncertainty” behind the dollar’s decline in Iraq

2025-07-28 02:22

Shafaq News – Baghdad
Financial expert Mahmoud Dagher attributed the gradual decline in the US dollar exchange rate against the Iraqi dinar on Monday to “economic uncertainty,” weak government spending, and a stagnant market.

Dagher told Shafaq News Agency, “The reason behind the dollar’s decline against the Iraqi dinar is the state Read more…

Ministry of Transport: The development path will change the economic landscape and make Iraq a hub for global trade.

Ministry of Transport: The development path will change the economic landscape and make Iraq a hub for global trade.

2025-07-28

The Ministry of Transport announced on Monday that the development road will change the economic map and make Iraq a center for global trade, while indicating that the road will provide job opportunities for more than 100,000 Iraqi workers. The spokesman for the Ministry of Transport, Maitham Al-Safi, told the official agency, “The development road project Read more…

MP accuses Kuwait of trying to “strangle Iraq economically” via Khor Abdullah

MP accuses Kuwait of trying to “strangle Iraq economically” via Khor Abdullah

7-27-2025

Information/Exclusive:
MP Amer Abdul Jaber accused Kuwait on Sunday of “imposing a veiled economic blockade” on Iraq by controlling the Khor Abdullah port. He warned that some influential political figures are seeking to sell the Khor in exchange for Read more…

“With a unique experience,” a government advisor reveals the features of the 2026 budget.

“With a unique experience,” a government advisor reveals the features of the 2026 budget.

2025/07/27

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, revealed the outlines of the draft general budget law for next year, 2026, as the 2025 fiscal year draws to a close and the countdown to the conclusion of the current Read more…

Politician: There is no clear alternative to Al-Sudani yet, and speculation is premature.

Politician: There is no clear alternative to Al-Sudani yet, and speculation is premature.

7-27-2025

Al-Maalouma/Baghdad…
Naseem Abdullah, a member of the Political Bureau of the Iqtidar Movement, ruled out, on Sunday, predicting the identity of the prime minister for the next phase, noting that the identity of the prime minister will be determined after Read more…

MP: Iraq’s budget is hostage to oil, and cutting spending is necessary to reduce risks.

MP: Iraq’s budget is hostage to oil, and cutting spending is necessary to reduce risks.

7-27-2025

Al-Maalouma / Baghdad..
Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, stated on Sunday that the continued reliance of the general budget on oil revenues almost entirely keeps the national economy vulnerable to global fluctuations, stressing that Read more…

Source: The region has not delivered a single liter of oil to SOMO.

Source: The region has not delivered a single liter of oil to SOMO.

7-27-2025

Information / Baghdad…
An informed source revealed on Sunday that the Kurdistan Region has not yet committed to delivering any crude oil to the State Oil Marketing Organization (SOMO), warning of attempts to mislead public opinion as the salary payment deadline Read more…

Iraq launches the first unified 911 emergency center via SmartOne.

Iraq launches the first unified 911 emergency center via SmartOne.

2025-07-27 00:07

Shafaq News – Baghdad
The Iraqi Ministry of Interior, in collaboration with global telecommunications company Hytera, launched the first unified emergency services center in Baghdad, using the SmartOne smart communications platform. This unprecedented step aims to modernize the country’s Read more…

The Baghdad governorship ignites a hidden conflict between al-Sudani and al-Maliki.

The Baghdad governorship ignites a hidden conflict between al-Sudani and al-Maliki.

2025-07-27 01:22

Shafaq News – Baghdad
A political source reported that the Baghdad Provincial Council will hold a special session this evening, Sunday, to elect a new governor. Meanwhile, the battle for the position intensifies between the candidates of Prime Minister Mohammed Shia al-Sudani and the head of the State of Law Coalition, Nouri al-Maliki.

The source told Read more…

Baghdad and Erbil: Two decades of golden opportunities undermined by divisions and fragmentation

Baghdad and Erbil: Two decades of golden opportunities undermined by divisions and fragmentation

2025-07-27 02:09

Shafaq News – Baghdad/Erbil
Over the past two decades, golden opportunities have been available for the federal government in Baghdad and the Kurdistan Regional Government in Erbil to enhance cooperation between the two parties, but they have been lost due to the lack of a unified vision and the accumulation of disagreements Read more…