IRAQI DINAR POLITICS & ECONOMY

Some countries fear Iraq. Al-Zubaidi explains the reasons for some presidents’ absence from the Baghdad summit.

Some countries fear Iraq. Al-Zubaidi explains the reasons for some presidents’ absence from the Baghdad summit.

5-19-2025

Al-Maalouma/Baghdad…
The spokesman for the Victory Coalition, Salam al-Zubaidi, confirmed on Monday that the absence of a number of heads of state from the Arab Summit held in Baghdad was due to several political and regional reasons, including the existence of disputes between Arab countries, in addition to some countries’ fears of Iraq’s development Read more…

Abu Raghif: Washington’s recent moves do not mean a retreat from the withdrawal.

Abu Raghif: Washington’s recent moves do not mean a retreat from the withdrawal.

5-19-2025

Al-Maalouma/Baghdad..
Security expert Fadel Abu Raghif confirmed on Monday that Washington’s recent moves do not mean a retreat from the withdrawal.
Abu Raghif said, in a statement to Al-Maalouma Agency, that “the ongoing American movements in Iraq and the region do not imply any change in the decision to withdraw American forces from Iraqi territory,” stressing that Read more…

Al-Sudani and his regional agendas: political concessions under the table in exchange for a second term?

Al-Sudani and his regional agendas: political concessions under the table in exchange for a second term?

5-19-2025

Information / Baghdad..
The Iraqi political scene is witnessing an escalation in criticism directed at the government of Prime Minister Mohammed Shia al-Sudani, amid growing accusations of a retreat from national sovereignty in favor of personal agendas and actions outside the framework of constitutional Read more…

Trump redraws Middle East alliances, and a “silent message” puts Iraq in the shadows.

Trump redraws Middle East alliances, and a “silent message” puts Iraq in the shadows.

2025-05-19 04:27

Shafaq News/ On his first Middle East tour since leaving the White House, US President Donald Trump landed in the heart of the Gulf. However, while his meetings were divided between Riyadh, Doha, and Abu Dhabi, Iraq’s absence from his agenda was a clear sign of a reshaping of the balance of influence, and perhaps Read more…

The Prime Minister of the Kurdistan Regional Government arrives in Washington at the head of a high-level delegation.

The Prime Minister of the Kurdistan Regional Government arrives in Washington at the head of a high-level delegation.

2025/05/18

Kurdistan Regional Government Prime Minister Masrour Barzani arrived in Washington, DC, on Saturday, heading a high-level government delegation, at the start of a visit in response to an official invitation.
According to a statement by the Kurdistan Regional Government, Read more…

Syria is one of the reasons… 4 possibilities for the “secret” of the dollar’s contraction against the Iraqi dinar

Syria is one of the reasons… 4 possibilities for the “secret” of the dollar’s contraction against the Iraqi dinar

2025-05-18 | 05:50

The economic expert reviewed Safwan Qusay Today, Sunday, 4 internal and external reasons led to the decline in the dollar exchange rate in Iraq About two months ago, including reasons related to changing the Syrian regime.

Qusay told Sumaria News, “The value of the dollar in the informal market in Iraq was affected by the recent events that took place Read more…

Al-Sudani’s advisor briefs Shafaq News on the “fruits” of the Baghdad summit.

Al-Sudani’s advisor briefs Shafaq News on the “fruits” of the Baghdad summit.

2025-05-18 07:55

Shafaq News/ The financial and economic advisor to the Prime Minister, Mazhar Mohammed Salih, revealed on Sunday the expected economic benefits for Iraq after the Arab Summit in Baghdad.

Saleh told Shafaq News Agency, “The success of the Baghdad Summit holds significant potential economic benefits for Iraq. Foremost among these benefits is Read more…

Al-Karawi: Al-Sudani seeks a second term with the support of Turkey, the United States, and Kuwait.

Al-Karawi: Al-Sudani seeks a second term with the support of Turkey, the United States, and Kuwait.

5-18-2025

Al-Maalouma/Baghdad…
Hussein Al-Karaawi, head of the organizing body of the popular movement for the Belt and Road Initiative, criticized on Sunday the attempts to achieve Turkish, American and Kuwaiti interests, noting that Al-Sudani went towards these countries in order to obtain a second term.
Al-Karaawi told Al-Maalouma that “most of the agreements concluded Read more…

Al-Maliki: The dropping of charges against Halbousi by a judicial decision raises many questions.

Al-Maliki: The dropping of charges against Halbousi by a judicial decision raises many questions.

5-18-2025

Al-Maalouma/Baghdad…
Independent politician Abbas al-Maliki stressed on Sunday that the dropping of charges that had convicted and dismissed former Parliament Speaker Mohammed al-Halbousi raises many questions.
Al-Maliki told Al-Maalouma, “Dropping charges and lawsuits against any figure allows them to participate in political, cultural and social activities, thus enabling Read more…

Politician: The absence of heads of state from the Arab Summit is a disappointment for Iraq.

Politician: The absence of heads of state from the Arab Summit is a disappointment for Iraq.

5-18-2025

Al-Maalouma/Baghdad…
Naseem Abdullah, a member of the Political Bureau of the Iqtidar Movement, confirmed on Sunday that the absence of heads of state from the Arab Summit in Baghdad represents a disappointment for Iraq. He pointed out that the current summit, despite the extensive preparations, did not reach the level of its predecessor Read more…

Surprise… What do you know about the Iraqi refinery in Somalia?

Surprise… What do you know about the Iraqi refinery in Somalia?

2025-05-18 01:16

Shafaq News/ Iraqi economic expert, Nabil Al-Marsoumi, revealed on Sunday the details of what he described as a “surprise” regarding the presence of an Iraqi oil refinery in Somalia, which was established in the 1970s.

Al-Marsoumi said in a statement received by Shafaq News Agency: “An Iraqi oil refinery in Somalia!!!” He added, “This refinery was established in 1974 by Read more…

$32.6 billion is not enough… Iraq is not among the largest holders of US bonds.

$32.6 billion is not enough… Iraq is not among the largest holders of US bonds.

2025-05-18 02:39

Shafaq News/ The US Treasury Department announced on Sunday that the total holdings of US bonds by countries around the world this year exceeded $9 trillion.

The Treasury said in its latest 2025 schedule, seen by Shafaq News Agency, that “worldwide holdings of US bonds reached Read more…

The Ministry of Electricity directs to waive interest on loans for purchasing solar energy systems for homes.

The Ministry of Electricity directs to waive interest on loans for purchasing solar energy systems for homes.

2025-05-18

The Ministry of Electricity announced on Sunday that it is moving to waive interest on loans for purchasing solar energy systems for homes. Ministry spokesman Ahmed Moussa explained to the official news agency that “the Ministry of Electricity has launched an electronic link via the (OR) platform, allowing citizens to select Read more…

Prime Minister: Baghdad will remain a source of strength and power and a pillar of Arab decision-making.

Prime Minister: Baghdad will remain a source of strength and power and a pillar of Arab decision-making.

2025-05-18

Prime Minister Mohammed Shia al-Sudani affirmed, on Saturday, that Baghdad will always remain an arena for joint Arab action, a source of strength and power, and a pillar in Arab decision-making. Mr. al-Sudani said in a post on the (X) platform, “I extend my sincere thanks, on behalf of Iraq, government and people, to the Arab Read more…

“With losses exceeding $60 million,” a representative said, “Iraq will continue to provide discounted oil to Jordan.”

“With losses exceeding $60 million,” a representative said, “Iraq will continue to provide discounted oil to Jordan.”

5-17-2025

Al-Maalouma/Exclusive..
MP Haider Al-Mutairi confirmed on Saturday that Iraq provides Jordan with subsidized crude oil shipments worth about $60 million annually.
Al-Mutairi told Al-Maalouma that “Iraq sells crude oil at subsidized prices of up to Read more…

Emir of Qatar: We hope the outcomes of the Baghdad Summit will strengthen Arab solidarity.

Emir of Qatar: We hope the outcomes of the Baghdad Summit will strengthen Arab solidarity.

2025-05-17 05:29

Shafaq News/ On Saturday, the Emir of Qatar, Tamim bin Hamad, expressed his hope that the outcomes of the Baghdad Summit would enhance Arab solidarity.

Bin Hamad said in a tweet on the ” X ” platform, ” We met today in Baghdad, at the 34th Arab Summit, which was held under regional and international Read more…

Iraqi Ports announces completion of first section of development road

Iraqi Ports announces completion of first section of development road

2025-05-17 06:39

Shafaq News/ The Iraqi General Company for Ports announced on Saturday the implementation of the first section of the development road project, which begins at the Grand Faw Port, and has been fully received from the implementing agency.

The company’s director, Farhan Al-Fartousi, told Shafaq News Agency, “The road will be implemented with three lanes designated for Read more…

Oil: We will achieve self-sufficiency by the end of 2025… and a plan to increase production to 6 million barrels.

Oil: We will achieve self-sufficiency by the end of 2025… and a plan to increase production to 6 million barrels.

2025-05-17

Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani confirmed on Friday (May 16, 2025) that Iraq will achieve self-sufficiency in imported petroleum products by the end of this year, while the Undersecretary of the Ministry revealed a plan to raise crude oil production capacity to 6 million Read more…

Government advisor: The Baghdad summit may lead to economic memoranda of understanding that will benefit Iraq.

Government advisor: The Baghdad summit may lead to economic memoranda of understanding that will benefit Iraq.

2025/05/16

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, affirmed on Friday the strong possibility that the Arab rapprochements witnessed at the Arab Summit in Baghdad will lead to the signing of economic memoranda of understanding that serve Iraq’s interests.
In a statement to Al Furat News Agency, Saleh explained that “this step comes within the framework of the country’s productive foreign policy with its Arab Read more…

Economist: The region is smuggling billions of dollars worth of oil, and its pledges are nothing but maneuvers.

Economist: The region is smuggling billions of dollars worth of oil, and its pledges are nothing but maneuvers.

5-16-2025

Information/Special..
Economic expert Hassan al-Sheikh confirmed on Friday that the Kurdistan Region continues to smuggle huge quantities of oil through the black market, asserting that the value of the region’s annual exports exceeds three billion dollars without any official government oversight.

“The financial dues the regional government owes to Baghdad are nothing compared Read more…