IRAQI DINAR POLITICS & ECONOMY

Upon arrival, Al-Zayadi confirms Parliament’s readiness to vote on the budget agenda.

Upon arrival, Al-Zayadi confirms Parliament’s readiness to vote on the budget agenda.

5-13-2025

Al-Maalouma/Exclusive..
Member of the State of Law Coalition, Mohammed Al-Ziyadi, confirmed on Tuesday that the Iraqi Parliament is ready to include the budget tables in its upcoming sessions if they arrive from the government for voting, stressing that voting on them has become an absolute necessity due to Read more…

Al-Sudani steps up preparations for the “important event” in Baghdad.

Al-Sudani steps up preparations for the “important event” in Baghdad.

2025-05-13 08:20

Shafaq News/ Prime Minister Mohammed Shia al-Sudani chaired a meeting on Tuesday to follow up on the final arrangements for the Arab Summit and the Economic and Development Summit, scheduled to be held in Baghdad next Saturday.

According to a statement issued by his office Read more…

The International Monetary Fund commends the Iraqi government’s significant progress in economic reform.

The International Monetary Fund commends the Iraqi government’s significant progress in economic reform.

5-13-2025

The International Monetary Fund (IMF) in Iraq commended the significant progress made by the Iraqi government in economic reform on Monday, expressing its readiness to increase coordination and joint action and provide necessary advice on enhancing non-oil revenues .

Al-Sudani’s office said in a statement received Read more…

Al-Badri: Khor Abdullah is entirely Iraqi, and we await the Federal Court’s decisive decision.

Al-Badri: Khor Abdullah is entirely Iraqi, and we await the Federal Court’s decisive decision.

5-13-2025

Al-Maalouma/Baghdad
MP Ahmed Al-Badri affirmed on Tuesday that the Khor Abdullah file is Iraqi, reiterating his confidence in the fairness of the Iraqi judiciary and awaiting the decision of the Federal Supreme Court on the matter.
Al-Badri told Al-Maalouma that “Khor Abdullah is Iraqi and represents a strategic Read more…

SWIFT and the US Federal Reserve put Iraq at the mercy of the global economy.

SWIFT and the US Federal Reserve put Iraq at the mercy of the global economy.

5-13-2025

Al-Maalouma/Exclusive:
Economic expert Hassan Al-Sheikh warned on Tuesday that Iraq has become more vulnerable to global economic shocks due to its increasing connection to the international financial system, especially after joining the global SWIFT system and its direct dealings with the US Federal Reserve.
Al-Sheikh told Al-Maalouma News Agency that “Iraq, over the past two years, has Read more…

Parliamentary Finance Committee: The government is not serious about sending the budget tables to Parliament.

Parliamentary Finance Committee: The government is not serious about sending the budget tables to Parliament.

5-12-2025

Information/Baghdad…
Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed on Monday that the government is still not serious about submitting the budget schedules to the House of Representatives. He pointed out that there is a funding deficit for ministries and governorates, which has prompted the government to Read more…

A “quantum leap”… Iraqi ports receive 207 oil tankers during the first quarter of 2025.

A “quantum leap”… Iraqi ports receive 207 oil tankers during the first quarter of 2025.

2025-05-12 03:17

Shafaq News/ The General Company for Iraqi Ports announced on Monday that Khor Al-Zubair oil port received 207 oil tankers during the first quarter of 2025.

The company’s general manager, Farhan Al-Fartousi, told Shafaq News Agency, “Khor Al-Zubair Oil Port has been able to provide marine services, including docking, launching, loading, unloading, and fuel loading Read more…

Iraq on Trump’s agenda during his Middle East tour

Iraq on Trump’s agenda during his Middle East tour

2025-05-12 05:28

Shafaq News/ US President Donald Trump is embarking on a tour of the Middle East, including Saudi Arabia, the UAE, and Qatar. This visit is described as crucial given the profound changes taking place in the region .

The Saudi capital, Riyadh, is hosting the summit that will bring together Trump and Read more…

Diyala: Financial corruption worth two billion dinars uncovered in a government bank

Diyala: Financial corruption worth two billion dinars uncovered in a government bank

2025-05-12 06:45

Shafaq News/ The Federal Integrity Commission announced on Monday the arrest of four employees of a government bank in Diyala Governorate, on the grounds that they had illegally disbursed more than two billion dinars through a number of checks .

The Commission indicated, in a statement Read more…

Ministry of Oil: Iraq is floating on a large and inexhaustible oil and gas reservoir.

Ministry of Oil: Iraq is floating on a large and inexhaustible oil and gas reservoir.

2025/05/11

The Ministry of Oil reported that Iraq is floating on a large oil and gas reservoir from north to south, and work is ongoing to reach new discoveries.
Osama Raouf Hussein, the director general of the Ministry of Oil Exploration’s company, said in a press statement that “Iraq’s reserves are large and are what Read more…

MP: 2025 budget schedules may be finalized by the end of this month

MP: 2025 budget schedules may be finalized by the end of this month

5-11-2025

Information/Baghdad…
MP Baqir al-Saadi expected on Saturday that the 2025 budget schedules would be finalized by the end of May.

Al-Saadi told Al-Maalouma, “Despite talk of the possibility of postponing the budget resolution until after the November 2025 elections, there are indications that Read more…

Economist: Iraq has export resources to mitigate the damage caused by the drop in oil prices.

Economist: Iraq has export resources to mitigate the damage caused by the drop in oil prices.

5-11-2025

Al-Maalomah/Baghdad…
Economic researcher Diaa Abdul Karim explained on Sunday that Iraq has many resources that can be exported abroad and benefit from their revenues, especially oil derivatives.
Abdul Karim told Al-Maalomah, “There is an urgent need to develop oil refineries to ensure that Read more…

MP accuses Halbousi of being a traitor and obstructing parliament in collusion with Sunni and Kurdish blocs.

MP accuses Halbousi of being a traitor and obstructing parliament in collusion with Sunni and Kurdish blocs.

5-11-2025

Information/Exclusive:
MP Thaer Makhif attacked the head of the Progress Party, Mohammed al-Halbousi, on Sunday, accusing him of “treason” and working against the national interest by obstructing parliament’s work in coordination with Sunni and Kurdish political blocs.

“The disruption of the parliament’s work is not due to technical or Read more…

The Iraqi government has decided to supply private generators with kerosene fuel “free of charge.”

The Iraqi government has decided to supply private generators with kerosene fuel “free of charge.”

2025-05-11 05:51

Shafaq News/ The Iraqi Council of Ministers decided, on Sunday, to supply private generators with kerosene fuel “free of charge” during the summer season this year.

This came during the 19th regular session of the Council of Ministers, chaired by Prime Minister Mohammed Shia al-Sudani, during which Read more…

Currency Market: The Dollar Continues to Decline in Baghdad

Currency Market: The Dollar Continues to Decline in Baghdad

2025-05-10

The US dollar exchange rate against the Iraqi dinar declined in Baghdad’s markets as the stock exchange closed on Saturday evening. The dollar fell slightly with the closing of the Al-Kifah and Al-Harithiya stock exchanges, with the exchange rate Read more…

Al-Salami: Al-Julani’s arrest warrant will be activated upon his arrival in Baghdad.

Al-Salami: Al-Julani’s arrest warrant will be activated upon his arrival in Baghdad.

5-10-2025

Al-Maalouma/Baghdad…
Independent MP Hadi Al-Salami revealed on Saturday that a judicial arrest warrant has been circulated to all security agencies and checkpoints inside the country against the leader of the “Al-Nusra Front”, Abu Muhammad al-Julani, stressing the need to implement it immediately upon his entry into Iraqi territory. Read more…

Khana Oil Field, Iraq’s oldest field, comes back to life after a slumber of more than 70 years.

Khana Oil Field, Iraq’s oldest field, comes back to life after a slumber of more than 70 years.

5-10-2025

Al-Maalomah/Interview:
The Khana oil field, discovered in the 1920s, is one of the most prominent and oldest oil fields in Iraq. It marked the beginning of the oil era in the country and witnessed its first production operations years after its discovery. The field was later developed through the drilling of dozens of wells, in addition to the establishment of Iraq’s first refinery, “Al-Wand”, which Read more…

Al-Zubaidi accuses al-Halbousi of selling Iraq to Kuwait and demands that the judiciary hold him accountable.

Al-Zubaidi accuses al-Halbousi of selling Iraq to Kuwait and demands that the judiciary hold him accountable.

5-10-2025

Information/Exclusive:
Ali al-Zubaidi, a member of the We Build Alliance, leveled scathing accusations against Mohammed al-Halbousi, leader of the Progress Party, on Saturday, accusing him of involvement in suspicious deals with Kuwait related to the Khor Abdullah port.

Al-Zubaidi told Al-Maalouma News Agency that “Al-Halbousi and some influential Read more…

For a small price… a huge bribe scandal to hand over Khor Abdullah to Kuwait shakes Iraq.

For a small price… a huge bribe scandal to hand over Khor Abdullah to Kuwait shakes Iraq.

5-10-2025

Information / Exclusive:
The crisis between Iraq and Kuwait over the agreement regulating navigation in the Khor Abdullah waterway is escalating amid serious allegations that Iraqi politicians are involved in accepting bribes in exchange for relinquishing control of this strategic waterway.

Background to the agreement: Read more…

The Iraqi government confirmed to Shafaq News that all Arab countries will attend the Baghdad summit.

The Iraqi government confirmed to Shafaq News that all Arab countries will attend the Baghdad summit.

2025-05-10 06:14

Shafaq News/ The Iraqi government denied on Saturday the existence of an official statement stating that some countries would not participate in the Arab Summit in Baghdad.

Government spokesman Bassem al-Awadi told Shafaq News Agency, “The reports and information that Arab countries have refused Read more…