IRAQI DINAR POLITICS & ECONOMY

Iraq: Converting 40% of oil production into downstream and refining industries

Iraq: Converting 40% of oil production into downstream and refining industries

2025-07-16 00:51

Shafaq News – Nineveh
Prime Minister Mohammed Shia al-Sudani stated on Wednesday that his government has succeeded in converting approximately 40 percent of Iraq’s oil production into downstream and refining industries.

This came during his launch of the implementation works Read more…

Shafaq News reveals details of the new agreement between Baghdad and Kurdistan.

Shafaq News reveals details of the new agreement between Baghdad and Kurdistan.

2025-07-16 03:31

Shafaq News – Baghdad/Erbil/Sulaymaniyah
An informed source revealed details on Wednesday of a new financial agreement concluded between the federal government in Baghdad and the Kurdistan Regional Government (KRG), aimed at settling salaries, oil exports, and unifying revenues.

The source told Shafaq News Agency that the agreement stipulates that Read more…

Government source: No agreement with Erbil yet, and we are waiting for the region to fulfill its commitments.

Government source: No agreement with Erbil yet, and we are waiting for the region to fulfill its commitments.

2025-07-16

A senior government source denied on Wednesday that any agreement had been concluded between the federal government and the Kurdistan Regional Government (KRG) to date. The source told Al-Sumaria TV that “the federal cabinet is awaiting Read more…

MP reveals: The Minister of Finance confirms the government’s commitment to submitting budget schedules, but the delay is due to revenues.

MP reveals: The Minister of Finance confirms the government’s commitment to submitting budget schedules, but the delay is due to revenues.

2025-07-16

Independent MP Raed Al-Maliki revealed on Wednesday (July 16, 2025) that Finance Minister Taif Sami confirmed that the government is committed to submitting the budget schedules, explaining the reason for its delay to work on Read more…

Government meeting to activate Apple Pay in Iraq

Government meeting to activate Apple Pay in Iraq

2025-07-15

A government source revealed, on Tuesday, that the committee concerned with activating Apple Pay services held a virtual meeting with the regional managers of Apple International to make the Apple Pay service available to users in Iraq with the aim of enhancing electronic payments. The source stated to the official agency, “As part of the Iraqi government’s efforts, and under the direct guidance Read more…

Parliament crisis ends with a “fraternal reconciliation” between Al-Mashhadani and Al-Mandlawi.

Parliament crisis ends with a “fraternal reconciliation” between Al-Mashhadani and Al-Mandlawi.

2025-07-15 07:50

Shafaq News – Baghdad
A parliamentary source reported on Tuesday that a reconciliation had taken place between Parliament Speaker Mahmoud al-Mashhadani and his deputy, Mohsen al-Mandalawi, following the altercation that occurred between them during yesterday’s parliamentary session.

A source told Shafaq News Agency, “Deputy Speaker of Parliament Shakhwan Read more…

Parliamentary Oil Committee: Iraq achieves self-sufficiency in most derivatives and is moving towards exporting the surplus.

Parliamentary Oil Committee: Iraq achieves self-sufficiency in most derivatives and is moving towards exporting the surplus.

7-15-2025

Information/Baghdad…
MP Kazem Al-Tawki, a member of the parliamentary Oil and Natural Resources Committee, emphasized that the sale and export of petroleum derivatives contributes to the federal budget’s revenues and is a necessary resource for bridging the budget deficit.

Al-Tawki told Al-Maalouma, “Iraq has achieved self-sufficiency in many petroleum Read more…

Parliamentary Finance Committee: Approval of budget schedules will end funding debate

Parliamentary Finance Committee: Approval of budget schedules will end funding debate

7-15-2025

Information / Baghdad..
Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed on Tuesday that the House of Representatives’ approval of the budget tables to be submitted by the government will grant legal legitimacy to government funding and put an end to the legal controversy surrounding Read more…

The budget is in the balance of power due to the elections. A serious delay is hindering infrastructure projects and deepening crises.

The budget is in the balance of power due to the elections. A serious delay is hindering infrastructure projects and deepening crises.

7-15-2025

Information/Baghdad…
Political interests are competing with the demands of the current phase regarding the interests of Iraq and its people, related to the budget schedules and the legislation of important laws within Parliament. The search for electoral interests and gains may be one of the reasons behind the delay in sending the budget schedules to the Council of Representatives, thus obstructing Read more…

Rights: Al-Mashhadani is not qualified to lead parliament sessions.

Rights: Al-Mashhadani is not qualified to lead parliament sessions.

7-15-2025

Information / Exclusive:
Asifa Abbas Qader, a member of the Rights Movement, confirmed on Tuesday that Parliament Speaker Mahmoud al-Mashhadani is disrupting parliamentary sessions without clear justification, deeming him unqualified to manage the sessions.

Qader told Al-Maalouma News Agency that “the continued disruption of parliament Read more…

Al-Sudani visits Mosul tomorrow to inaugurate its international airport and other strategic projects.

Al-Sudani visits Mosul tomorrow to inaugurate its international airport and other strategic projects.

2025-07-15 04:14

Shafaq News – Nineveh
A government source in Nineveh Governorate reported on Tuesday that Prime Minister Mohammed Shia al-Sudani will visit Mosul tomorrow, Wednesday, on an official visit aimed at inaugurating several strategic projects in the governorate, most notably Mosul International Airport.

The source told Shafaq News Agency, “Al-Sudani will arrive in Mosul tomorrow Read more…

Al-Sudani: The recent dispute with the Kurdistan Region is a legal dispute, not a political one.

Al-Sudani: The recent dispute with the Kurdistan Region is a legal dispute, not a political one.

2025-07-15

Prime Minister Mohammed Shia al-Sudani confirmed on Monday (July 14, 2025) that the relationship between him and the leader of the Kurdistan Democratic Party, Masoud Barzani, remains good, noting that the recent dispute with the Kurdistan Region is a legal dispute, not a political one.

In an interview with Read more…

Iraqi ports record growth in maritime handling volume.

Iraqi ports record growth in maritime handling volume.

2025-07-15

The Director General of the General Company for Iraqi Ports, Farhan Al-Fartousi, confirmed today, Tuesday, that the Iraqi commercial ports continued their rising performance during the first half of the year 2025, achieving a production capacity exceeding (22) million tons Read more…

Al-Sudani’s bloc meets with Al-Mashhadani to resolve the dispute with Al-Mandlawi.

Al-Sudani’s bloc meets with Al-Mashhadani to resolve the dispute with Al-Mandlawi.

2025-07-14 09:12

Shafaq News – Baghdad
The Reconstruction and Development Bloc, headed by the Prime Minister, is holding a meeting with the House of Representatives Presidency to discuss the circumstances surrounding the clashes and disagreements within Parliament.

The bloc’s spokesman, Firas Al-Maslamawi, Read more…

Sunni blocs meet tonight to issue a position on what happened inside Al-Mashhadani’s office.

Sunni blocs meet tonight to issue a position on what happened inside Al-Mashhadani’s office.

2025-07-14 08:02

Shafaq News – Baghdad
A political source reported on Monday that Sunni bloc MPs will meet tonight to issue a position on the disagreement between the parliament speaker and his deputy.

The source told Shafaq News Agency, “The Sunni blocs’ representatives will meet tonight to issue a position on the events that took place inside the Speaker of Read more…

MP: More than half of parliament members reject the “humiliating” Khor Abdullah agreement

MP: More than half of parliament members reject the “humiliating” Khor Abdullah agreement

7-14-2025

Information / Baghdad…
MP Haider al-Salami confirmed on Monday that more than half of the members of the House of Representatives reject the Khor Abdullah Agreement, which he described as “humiliating,” stressing that it does not respect Iraq’s rights Read more…

Iraq announces resumption of flights to Iran starting Tuesday.

Iraq announces resumption of flights to Iran starting Tuesday.

7-14-2025

Al-Maalouma / Baghdad..
The Ministry of Transport announced, on Monday, the resumption of Iraqi Airways flights to the Islamic Republic of Iran, starting tomorrow, Tuesday, after a temporary suspension imposed by the regional security situation during the past period.
The Ministry confirmed in a statement Read more…

Iran is losing the “Iraq axis.” The Economist: Factions are no longer sacrificing themselves for Tehran.

Iran is losing the “Iraq axis.” The Economist: Factions are no longer sacrificing themselves for Tehran.

2025-07-14 02:33

Shafaq News – Baghdad/Tehran
A British report confirmed that the Iranian regime’s hegemony over Iraq is declining, pointing to the Iraqi government’s avoidance of involvement in the 12-day war between Iran and Israel. It also provided evidence of Tehran’s declining influence and credibility Read more…

Tomorrow, the Sudanese government will receive a “final recommendation” regarding oil and salaries for Kurdistan employees.

Tomorrow, the Sudanese government will receive a “final recommendation” regarding oil and salaries for Kurdistan employees.

2025-07-14 04:51

Shafaq News – Erbil/Baghdad
A Kurdish political source confirmed on Monday that the federal government will receive recommendations from the ministerial committee it formed last week on Tuesday regarding salaries and benefits for employees in the Kurdistan Region and the handover of the region’s oil to the state-owned Read more…

Al-Mashhadani’s statements shake the political scene. Demands for an apology follow an urgent meeting.

Al-Mashhadani’s statements shake the political scene. Demands for an apology follow an urgent meeting.

2025-07-14 05:55

Shafaq News – Baghdad
On Monday, parliamentarians attacked Speaker Mahmoud al-Mashhadani over statements he made warning of demonstrations that would destabilize Iraq. He also spoke of US pressure to dissolve the Popular Mobilization Forces (PMF). The MPs threatened to remove al-Mashhadani Read more…