IRAQI DINAR POLITICS & ECONOMY

Al-Zurfi: The Iraqi government did not discuss the “sanctions file” with the US trade delegation.

Al-Zurfi: The Iraqi government did not discuss the “sanctions file” with the US trade delegation.

2025-04-13 04:46

Shafaq News/ Member of the Parliamentary Finance Committee, Adnan Al-Zurfi, confirmed on Sunday that the government did not discuss the issue of lifting sanctions on Iraqi financial institutions and banks with the US trade delegation that recently visited Baghdad.

Al-Zarfi told Shafaq News Agency, “The recent visit of the American delegation Read more…

Arab Bank returns to Baghdad after 80 years of presence

Arab Bank returns to Baghdad after 80 years of presence

2025-04-13 05:45

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani received, on Sunday, a delegation from the Arab Bank, headed by the bank’s Chairman of the Board of Directors, Sabih al-Masri, and attended by a number of board members, on the occasion of the upcoming opening of the Arab Bank/Iraq branch in Read more…

Al-Mashhadani: Iraq is not facing the risk of bankruptcy despite economic challenges.

Al-Mashhadani: Iraq is not facing the risk of bankruptcy despite economic challenges.

4-12-2025

Al-Maalouma/Baghdad…
Economic expert Abdul Rahman Al-Mashhadani confirmed on Saturday that Iraq is not facing the risk of bankruptcy despite the recurring economic crises it has experienced, noting that the reason for this is its abundant natural and human resources. Read more…

The Oil Committee warns of an impending disaster and calls for the immediate passage of the oil law.

The Oil Committee warns of an impending disaster and calls for the immediate passage of the oil law.

4-12-2025

Information/Exclusive…
Aso Faridon, a member of the parliamentary Oil and Gas Committee, confirmed on Saturday that the ongoing political disputes over the oil and gas law pose a serious threat to Iraq’s economic future. He warned of the repercussions Read more…

Change Bloc: The Democratic Party controls 70% of the government and is mired in conflict.

Change Bloc: The Democratic Party controls 70% of the government and is mired in conflict.

4-12-2025

Information / Baghdad…
Ghaleb Mohammed, a member of the Change bloc, confirmed on Saturday that there is a raging conflict within the Kurdistan Democratic Party (KDP) between Kurdistan Regional Government Prime Minister Masrour Barzani and Kurdistan Region President Nechirvan Barzani, amid growing signs of corruption and internal Read more…

Maliki re-elected as Secretary-General of the Dawa Party in Iraq.

Maliki re-elected as Secretary-General of the Dawa Party in Iraq.

2025-04-12 01:33

Shafaq News/ The 19th conference of the Islamic Dawa Party, on Saturday, re-elected the leader of the State of Law Coalition, Nouri al-Maliki, as the party’s Secretary-General.

Al-Maliki has been the party’s secretary-general since Read more…

“It’s pointless.” A parliamentary committee demands a copy of Al-Sudani’s government’s contracts with Washington.

“It’s pointless.” A parliamentary committee demands a copy of Al-Sudani’s government’s contracts with Washington.

2025-04-12 04:06

Shafaq News/ On Saturday, Yasser al-Husseini, the deputy head of the Parliamentary Economy and Industry Committee, described the contracts recently concluded by the current Iraqi government, headed by Mohammed Shia al-Sudani, with the United States as “a continuation of the series of contracts with suspicious Read more…

Iraq announces self-sufficiency in kerosene and gas oil production.

Iraq announces self-sufficiency in kerosene and gas oil production.

2025-04-12 06:31

Shafaq News/ The Oil Products Distribution Company announced on Saturday that Iraq has achieved self-sufficiency in producing gas oil and kerosene during the current period.

“Iraq has achieved self-sufficiency in the production of kerosene and gas oil, in addition to achieving near-self-sufficiency in Read more…

US report: China’s emergence as a soft power in the Kurdistan Region as the Trump administration’s interest wanes

US report: China’s emergence as a soft power in the Kurdistan Region as the Trump administration’s interest wanes

2025-04-12 07:07

Shafaq News/ The Washington Institute stated that China’s soft power is on the rise in the Kurdistan Region, despite the prevailing belief that the United States will always have priority in political, security, and economic cooperation with the region .

The American report, translated by Shafaq News Agency, indicated that the regional government last year offered foreign consulates in Erbil Read more…

Iraq welcomes the talks scheduled to be held today, Saturday, between Iran and the United States in the Sultanate of Oman.

Iraq welcomes the talks scheduled to be held today, Saturday, between Iran and the United States in the Sultanate of Oman.

2025-04-12

Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein welcomed the talks scheduled to be held today, Saturday, between Iran and the United States in the Sultanate of Oman.

A statement from the Ministry of Foreign Affairs stated that “Deputy Prime Minister and Minister of Foreign Affairs Fuad Hussein received at his residence in Read more…

Erbil and Washington agree on the need to resume the region’s oil exports.

Erbil and Washington agree on the need to resume the region’s oil exports.

2025/04/11

Kurdistan Regional Government Prime Minister Masrour Barzani discussed the latest developments in the region in a phone call with US Secretary of State Marco Rubio, stressing the importance of strengthening bilateral relations.
During the phone call, the two sides agreed, according to a statement Read more…

Rafidain Bank launches a service to combat money laundering and terrorist financing.

Rafidain Bank launches a service to combat money laundering and terrorist financing.

2025-04-11 22:59

Shafaq News/ Rafidain Bank announced on Friday the launch of the online banking service (OBDX Online Banking Digital Experience) after activating the Anti-Money Laundering (AML) and Government Online Anti-Money Laundering (GOAML) systems, stressing that the service has been successfully activated in Read more…

Türkiye sets date for completion of ‘development road’ with Iraq

Türkiye sets date for completion of ‘development road’ with Iraq

2025-04-11 03:06

Shafaq News/ Turkish Minister of Transport and Infrastructure Abdulkadir Oraloğlu announced on Friday that his country intends to work very soon to complete the “Development Road” project agreement with Iraq to strengthen regional connectivity .

“Turkey represents a natural bridge in the east-west corridor Read more…

Parliamentary request to reduce the salaries of the three presidencies, senior officials, and representatives

Parliamentary request to reduce the salaries of the three presidencies, senior officials, and representatives

2025-04-11 05:00

Shafaq News/ State of Law Coalition MP Firas Al-Maslamawi revealed on Friday that more than 60 parliamentary signatures have been collected to amend the civil servants’ salary scale law, as well as reduce the salaries of the three presidencies, representatives, and Read more…

Laws awaiting passage, a parliament virtually paralyzed…political disputes plague the legislative chamber.

Laws awaiting passage, a parliament virtually paralyzed…political disputes plague the legislative chamber.

4-10-2025

Information/Baghdad…
The legislative house is still empty of its members, as it has not witnessed regular sessions recently due to some political disagreements and lack of agreement and consensus on laws, and demands from here and there to meet the demands of some representatives, which has led to Read more…

The State Administration meets to discuss several issues, including convincing Sadr to return to the elections.

The State Administration meets to discuss several issues, including convincing Sadr to return to the elections.

2025-04-10 02:00

Shafaq News/ A source from the Coordination Framework reported on Thursday that the State Administration Coalition is scheduled to hold an important meeting this evening to discuss a number of important political issues in the country, including convincing al-Sadr to return to the elections and discussing the demands Read more…

A high-level US economic delegation visits Iraq, affirming partnership and economic development.

A high-level US economic delegation visits Iraq, affirming partnership and economic development.

2025-04-10

The Vice President of the U.S. Chamber of Commerce, Steve Lutes, confirmed on Wednesday that the U.S. Treasury will play an active role in developing the Iraqi economy, noting that Iraq is witnessing increasing openness to economic partnerships with the United States. Lutes stated Read more…

Iraqi government: Washington’s tariffs have no significant impact on the Iraqi economy.

Iraqi government: Washington’s tariffs have no significant impact on the Iraqi economy.

2025-04-10

Government spokesman Bassem Al-Awadi said on Wednesday, April 9, 2025, that “Washington’s customs tariffs have no significant impact on the Iraqi economy.”

Al-Awadi stated in a statement to the official agency that “the American delegation came carrying a message of support for Iraq and a real investment Read more…

Rafidain Bank announces the activation of the comprehensive banking system in 57 branches.

Rafidain Bank announces the activation of the comprehensive banking system in 57 branches.

2025-04-10

Rafidain Bank announced on Thursday the activation of its comprehensive banking system in 57 branches, as part of its efforts to digitally transform and provide advanced banking services. The bank’s media office stated in a statement, “The comprehensive banking system has been implemented Read more…

The American Chamber of Commerce told Shafaq News: We have huge opportunities in Iraq.

The American Chamber of Commerce told Shafaq News: We have huge opportunities in Iraq.

2025-04-09 09:42

Shafaq News/ Steve Lutes, Vice President of the U.S. Chamber of Commerce, who is currently visiting Iraq with the “largest economic delegation in history,” revealed on Wednesday that they are discussing the development of various sectors, including technology. While he announced that American companies Read more…