IRAQI DINAR POLITICS & ECONOMY

Al-Sudani informs the new US Chargé d’Affaires of “essential” matters

Al-Sudani informs the new US Chargé d’Affaires of “essential” matters

2025-06-02

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani received the US Chargé d’Affaires, Steven Fagin, on Sunday, on the occasion of his assumption of his duties. Fagin stressed the importance of cooperation between Iraq and the United States.

According to a statement from Al-Sudani’s media office Read more…

The Minister of Finance discusses with the World Bank developing the private sector and encouraging investment.

The Minister of Finance discusses with the World Bank developing the private sector and encouraging investment.

6-2-2025

Information/Baghdad…
Finance Minister Taif Sami and the World Bank’s representative to Iraq discussed enhancing cooperation to support development projects, grow the private sector, and encourage investment on Sunday.

The ministry said in a statement Read more…

Iraq’s lungs are about to suffocate. Al-Salami warns against plans to abandon Khor Abdullah.

Iraq’s lungs are about to suffocate. Al-Salami warns against plans to abandon Khor Abdullah.

6-2-2025

Information/Baghdad:
MP Haider al-Salami warned on Monday of what he described as “dangerous” repercussions if the Khor Abdullah agreement is abandoned. He emphasized that the issue represents Iraq’s sole maritime lifeline on the Arabian Gulf, and abandoning it would constitute a direct threat to the country’s strategic Read more…

A representative reveals a funding disaster affecting water resources: Only 30% of the budget has been spent.

A representative reveals a funding disaster affecting water resources: Only 30% of the budget has been spent.

6-2-2025

Al-Maalouma/Exclusive:
MP Aref Al-Hamami revealed on Monday that the Ministry of Water Resources has only received 30% of its annual budget, which has caused significant disruption in the implementation of its vital projects, especially those related to drilling rigs and Read more…

Sudanese orders on selling prices after dollar stabilization

Sudanese orders on selling prices after dollar stabilization

2025-06-02 06:34

Shafaq News/ On Monday, Iraqi Prime Minister Mohammed Shia al-Sudani directed the departments responsible for combating economic crime to pursue and hold accountable those who manipulate prices, particularly food and medicine vendors, bakeries, and ovens, given the “stability of the dollar exchange rate against the Iraqi dinar.”

According to the directive, Read more…

A “black” trick and banking loophole generate millions of dollars for Iraqi factions.

A “black” trick and banking loophole generate millions of dollars for Iraqi factions.

2025-06-02 03:18

Shafaq News/ A US report revealed that Iranian-backed Iraqi militias have been exploiting a loophole in the Iraqi banking system, namely Visa and MasterCard, to withdraw dollars from Iraq. Transactions have rapidly increased to $1.5 billion per month.

A report by the American newspaper “The Wall Street Journal,” Read more…

With over $70 billion, Baghdad offers dozens of investment opportunities to Tehran.

With over $70 billion, Baghdad offers dozens of investment opportunities to Tehran.

2025-06-02 05:56

Shafaq News/ Iraqi Ambassador to Tehran Nasser Abdul Mohsen Abdullah revealed on Monday that Iraq offers dozens of investment opportunities to Iranian companies in vital sectors, including renewable energy, oil and gas, heavy industries, free zones, and industrial complexes.

Iran Front Page reported, in a report Read more…

Al-Nujaifi: The role of forces linked to Iran in the next parliament will not exceed 30%.

Al-Nujaifi: The role of forces linked to Iran in the next parliament will not exceed 30%.

2025-06-02 05:37

Shafaq News/ Former Nineveh Governor and leader of the United Alliance, Atheel al-Nujaifi, predicted on Monday that the role of Iranian-backed political forces would decline in the upcoming parliamentary session. He indicated that these forces would only obtain 30% of the seats, due to Read more…

Under a government decision, Forex and cryptocurrency companies in Kurdistan are closed.

Under a government decision, Forex and cryptocurrency companies in Kurdistan are closed.

2025-06-01 08:29

Shafaq News/ The Kurdistan Regional Government (KRG) decided on Sunday to form a special committee within the Ministry of Interior, with the participation of relevant authorities, to shut down cryptocurrency and digital currency companies.

According to a letter issued by the Presidency Read more…

Economist: The government will be forced to reduce budget expenditures in line with oil prices.

Economist: The government will be forced to reduce budget expenditures in line with oil prices.

6-1-2025

Information/Baghdad…
Economic researcher Diaa Abdul Karim believes the government will be forced to reduce federal budget expenditures for the coming years in line with the decline in oil prices.

Abdul Karim told Al-Maalouma, “Compensating for revenues resulting from the decline in oil prices requires searching for clear and affordable alternatives, Read more…

Al-Hilali reveals the essence of the dispute between Baghdad and Erbil over the oil and gas law.

Al-Hilali reveals the essence of the dispute between Baghdad and Erbil over the oil and gas law.

6-1-2025

Al-Maalouma/Anbar…
Member of Parliament, Ibtisam Al-Hilali, revealed on Sunday the core of the disagreements between the federal government in Baghdad and the Kurdistan Regional Government (KRG) regarding the approval of the oil and gas law, stressing that these disagreements are an obstacle to the law’s passage Read more…

Al-Eidani: Maritime and air transport legislation is necessary to lift the embargo on Iraq.

Al-Eidani: Maritime and air transport legislation is necessary to lift the embargo on Iraq.

6-1-2025

Al-Maalouma/Baghdad..
The Parliamentary Committee for Transport and Communications called on the Parliamentary Presidency on Sunday to include a number of important legislation on the agenda, foremost among which is the Maritime Authority Law, given its importance in strengthening Iraq’s maritime sovereignty and its position in international Read more…

Preparations are underway to activate the arrest warrant issued by Iraqi courts for al-Julani.

Preparations are underway to activate the arrest warrant issued by Iraqi courts for al-Julani.

6-1-2025

Al-Maalouma/Anbar..
A leader in the United Anbar Alliance, Mohammed Al-Dhari, revealed today, Sunday, that the Arab Republic of Egypt expressed its readiness to activate the arrest warrant for Al-Julani issued by the Iraqi judicial courts.
Al-Dhari said in a statement to / Al-Maalouma / agency, “The Arab Republic of Egypt expressed its readiness to activate the arrest warrant for Al-Julani issued by Read more…

Iraq is about to lay the foundation stone for its first nuclear reactor in cooperation with China.

Iraq is about to lay the foundation stone for its first nuclear reactor in cooperation with China.

2025-06-01 03:33

Shafaq News/ The head of the Iraqi Atomic Energy Commission and Minister of Higher Education and Scientific Research, Naeem Al-Aboudi, announced on Sunday that an agreement is about to be signed with the China Atomic Energy Corporation regarding laying the foundation stone for the first subcritical training reactor Read more…

Al-Sudani stresses the importance of deepening relations with the United States in various fields.

Al-Sudani stresses the importance of deepening relations with the United States in various fields.

2025-06-01

Prime Minister Mohammed Shia al-Sudani stressed, on Saturday (May 31, 2025), the importance of deepening relations with the United States of America in various fields, stressing the need to continue bilateral dialogue based on mutual respect, in a way that strengthens the strategic partnership Read more…

Kurdistan salaries and the oil and gas law are on the table at the Rashid-Sudani meeting.

Kurdistan salaries and the oil and gas law are on the table at the Rashid-Sudani meeting.

2025-05-31

Prime Minister Mohammed Shia Al-Sudani received President Abdul Latif Jamal Rashid today, Saturday (May 31, 2025), in a meeting that addressed the most prominent current political and economic issues, and the progress of implementing government programs.

The Prime Minister’s media office said in a statement Read more…

“A clear monopoly and binding commissions.” Observers warn of Arab banks’ dominance of currency sales.

“A clear monopoly and binding commissions.” Observers warn of Arab banks’ dominance of currency sales.

2025-05-31

Economist Mahmoud Dagher confirmed on Saturday that Arab banks’ takeover of the currency exchange window portends an economic catastrophe.

“Arab banks have come to dominate the currency exchange window and foreign money transfer operations in Iraq,” Read more…

Mazhar Saleh: Iraq ranks third in the Arab world in the number of bank cards.

Mazhar Saleh: Iraq ranks third in the Arab world in the number of bank cards.

2025/05/31

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed today, Saturday, that Iraq’s ranking as third in the Arab world in the number of bank cards issued is an important indicator of the development of the financial sector and the growing community and international confidence in government Read more…

Al-Gharibawi: Baghdad-Erbil disputes hinder the passage of the oil and gas law.

Al-Gharibawi: Baghdad-Erbil disputes hinder the passage of the oil and gas law.

5-31-2025

Information/Baghdad..
The House of Representatives’ Oil and Natural Resources Committee confirmed on Saturday that the Oil and Gas Law is a complex strategic law, suggesting it will likely be postponed to the next parliamentary session due to ongoing political disputes, particularly between Read more…

Al-Fatlawi: Iraq faces an unprecedented debt exceeding $130 billion.

Al-Fatlawi: Iraq faces an unprecedented debt exceeding $130 billion.

5-31-2025

Information/Baghdad…
MP Zuhair al-Fatlawi confirmed on Saturday that Iraq is facing an unprecedented debt burden exceeding $130 billion. He warned of the repercussions of the escalating financial crisis and called for public frankness about the nature and dimensions Read more…