Political faction: Al-Sudani decided to finance Kurdistan’s salaries for May and June, contingent on oil deliveries.
Political faction: Al-Sudani decided to finance Kurdistan’s salaries for May and June, contingent on oil deliveries.
2025-07-22 01:03
Shafaq News – Sulaymaniyah
Ali Hama Saleh, the rapporteur of the “National Position” movement in Kurdistan, stated on Tuesday that federal Prime Minister Mohammed Shia al-Sudani decided to fund the salaries of employees in the region for the month of May. He explained that salaries and financial dues for the following month are contingent on Read more…
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“Money, Oil, and Mismanagement”… Baghdad Receives International Warnings
“Money, Oil, and Mismanagement”… Baghdad Receives International Warnings
2025-07-22 03:30
Shafaq News – Baghdad
The decline in global oil prices has negatively impacted rentier states, including Iraq, which relies primarily on oil imports to support the country’s general budget. This has prompted international organizations, economic agencies, and experts to warn Baghdad of major problems and propose solutions that must be implemented Read more…
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Signing a contract with the American company Schlumberger to develop a gas field in Anbar.
Signing a contract with the American company Schlumberger to develop a gas field in Anbar.
2025-07-22 05:33
Shafaq News – Baghdad
The Iraqi Ministry of Oil signed a contract on Tuesday with US company Schlumberger to develop production at the Akkas gas field in Anbar Governorate.
Deputy Prime Minister for Energy Affairs and Minister of Read more…
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The government confirms its commitment to fulfilling its financial obligations.
The government confirms its commitment to fulfilling its financial obligations.
07/21/2025
A government advisor confirmed the state’s commitment to fulfilling its financial pledges, despite the challenges represented by the delay in implementing the article related to the oil agreement with the Kurdistan Region, as well as the repercussions of wars and fluctuations in oil prices. Meanwhile, the House of Representatives Read more…
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Why did Türkiye decide to terminate the crude oil pipeline agreement with Iraq?
Why did Türkiye decide to terminate the crude oil pipeline agreement with Iraq?
2025-07-21 | 04:56
Alsumaria News- Economy revealed by the economic expert Nabil Al-Marsoumi Today, Monday, the possible reasons for the decision Türkiye By terminating the crude oil pipeline agreement with Iraq.
Al-Marsoumi said that Türkiye I decided to terminate the crude oil pipeline agreement with Iraq, based on Article 11 of the Agreement as amended Read more…
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Parliamentarian: The budget will not reach Parliament, and the government is still funding 2023 projects.
Parliamentarian: The budget will not reach Parliament, and the government is still funding 2023 projects.
7-21-2025
Al-Maalouma / Special..
Representative Basem Al-Gharabi confirmed on Monday that the draft budget law for 2025 may not reach parliament at the present time, pointing to the financial problems facing ministries, especially in the area of investment financing.
Al-Gharabi said in a statement to Al-Maalouma Agency, “The current financial situation does not allow for the submission of budget tables Read more…
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Erdogan ends 52-year oil deal with Iraq
Erdogan ends 52-year oil deal with Iraq
2025-07-21
Shafaq News – Ankara
Turkish President Recep Tayyip Erdoğan signed a decree on Monday to terminate a historic oil agreement between Türkiye and Iraq after 52 years of implementation.
Turkish media reported that Erdogan signed an official decree terminating the crude oil pipeline agreement concluded between Turkey and Iraq Read more…
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Al-Sudani confirms stable electricity supply and pledges fuel self-sufficiency by 2027.
Al-Sudani confirms stable electricity supply and pledges fuel self-sufficiency by 2027.
2025-07-21 01:16
Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani announced on Monday that Iraq will achieve self-sufficiency in fuel for power plants by 2027, noting that his government has succeeded in maintaining an acceptable level Read more…
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Parliamentary Finance Committee: The government has not prepared budget schedules, and the agreement with Kurdistan is subject to challenge.
Parliamentary Finance Committee: The government has not prepared budget schedules, and the agreement with Kurdistan is subject to challenge.
2025-07-21
Parliamentary Finance Committee member Mohammed Nouri confirmed that the federal government has not yet shown any serious intention to submit the budget schedules to the House of Representatives. He also deemed the recent agreement to deliver 230,000 barrels of oil from the region to the federal government as lacking Read more…
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The Parliamentary Finance Committee announces the main topics of hosting the Director of Rafidain Bank.
The Parliamentary Finance Committee announces the main topics of hosting the Director of Rafidain Bank.
2025-07-21
The Finance Committee of the House of Representatives announced, on Monday, the most prominent topics of its hosting of the Director General of Rafidain Bank. The Chairman of the Committee, Atwan Al-Atwani, said in a speech during the hosting of the Director General of Rafidain Bank, that “the Finance Committee Read more…
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Iraq’s accession to international financial institutions enhances economic development opportunities.
Iraq’s accession to international financial institutions enhances economic development opportunities.
07/20/2025
As part of its efforts to strengthen its financial presence on the international stage and diversify funding sources for its service and construction projects, Iraq has taken a significant step by joining two of the most prominent multilateral financial institutions: the European Bank for Reconstruction and Development and the Asian Infrastructure Investment Bank. Although the direct Read more…
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Ports: Floating and submerging the fourth part of the submerged tunnel under the Khor Al-Zubair Canal
Ports: Floating and submerging the fourth part of the submerged tunnel under the Khor Al-Zubair Canal
7-20-2025
Al-Maalouma/ Baghdad..
The General Company for Iraqi Ports announced, today, Sunday, the commencement of floating and submerging the fourth concrete piece of the components of the submerged tunnel project in the Grand Faw Port.
The Director General of the company, Read more…
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Transport announces the completion date of the Grand Faw Port
Transport announces the completion date of the Grand Faw Port
7-20-2025
Al-Maalouma/Baghdad..
The Ministry of Transport announced, today, Sunday, that the Grand Faw Port is proceeding within the timetable set for its completion during the current year, noting that the financial and economic model for the development road project is in its final stages.
The ministry said in a statement Read more…
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Kirkuk Airport: Landing of the first plane of a new airline coming from Saudi Arabia.
Kirkuk Airport: Landing of the first plane of a new airline coming from Saudi Arabia.
2025-07-20 01:56
Shafaq News – Kirkuk
Kirkuk International Airport announced today, Sunday, the landing of the first Global Aviation plane on the airport runway.
Airport spokesman Hardi Al-Salihi told Shafaq News Agency, “Kirkuk International Airport administration announces the landing of the first plane belonging to Global Aviation at 3:00 PM today,” indicating that Read more…
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No more “purple fingers”… Iraq cancels electoral ink
No more “purple fingers”… Iraq cancels electoral ink
2025-07-20 02:14
Shafaq News – Baghdad
The Independent High Electoral Commission decided on Sunday to cancel the use of “electoral ink” on Election Day for the parliamentary elections scheduled for November 11, due to the use of biometric cards and matching three fingerprints Read more…
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Parliament hosts the Minister of Finance regarding the delay in submitting budget schedules.
Parliament hosts the Minister of Finance regarding the delay in submitting budget schedules.
2025-07-20 03:15
Shafaq News – Baghdad
A parliamentary source reported on Sunday that the Iraqi parliament is hosting Finance Minister Taif Sami to discuss the delay in submitting the budget schedules to the House of Representatives.
The source told Shafaq News Agency, “The Parliamentary Finance Committee is hosting Finance Minister Taif Sami today to discuss a number of important Read more…
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Taif Sami informs Parliament: A special government committee is preparing budget schedules.
Taif Sami informs Parliament: A special government committee is preparing budget schedules.
2025-07-20 05:19
Shafaq News – Baghdad
Parliamentary Finance Committee member Saad al-Tubi announced that Finance Minister Taif Sami informed committee members, during a meeting hosted by her today, Sunday, that a special committee had been formed by the Prime Minister to prepare the tables for the 2025 Read more…
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A US report warns of risks facing Iraq as a result of the decline in oil prices.
A US report warns of risks facing Iraq as a result of the decline in oil prices.
2025-07-20 05:05
Shafaq News – Washington / Baghdad
Standard & Poor’s Global Commodity Insights, an energy and commodities company, revealed that Iraq is the most vulnerable among oil-producing countries due to the decline in oil prices.
The company said in a report Read more…
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Next Tuesday: A decisive meeting between Baghdad and Erbil regarding oil exports and salaries.
Next Tuesday: A decisive meeting between Baghdad and Erbil regarding oil exports and salaries.
2025-07-20 05:54
Shafaq News – Baghdad
Deputy Chair of the Parliamentary Finance Committee, MP Ikhlas al-Dulaimi, revealed on Sunday that a crucial meeting will be held in two days between committees from the Kurdistan Region and Baghdad regarding the mechanism for resuming oil exports Read more…
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The Parliamentary Finance Committee hosts the Minister of Finance at the committee’s headquarters.
The Parliamentary Finance Committee hosts the Minister of Finance at the committee’s headquarters.
2025-07-20
Today, Sunday, July 20, the Parliamentary Finance Committee began hosting the Minister of Finance, Taif Sami, at its headquarters. This hosting came based on Article (77/First) of the House of Representatives’ Internal Regulations No. (1) of 2023, to discuss a number of important topics related to the state’s financial files.
Hosting axes:
Discussions will focus on topics on the hosting agenda, which include: Read more…
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