IRAQI DINAR POLITICS & ECONOMY

Transport announces completion of immersed tunnel by end of this year

Transport announces completion of immersed tunnel by end of this year

2-6-2025

Information/Baghdad..
The Ministry of Transport clarified, today, Thursday, the details of the submerged tunnel project under the Khor Al-Zubair Canal, while indicating that its completion date is the end of this year.
The ministry’s spokesman, Maitham Al-Safi, told the official agency, “Iraqi ports have begun the first phase of submerging the ten pieces that make up Read more…

Rule of Law: Federal Court May Request Re-Voting on Controversial Laws

Rule of Law: Federal Court May Request Re-Voting on Controversial Laws

2-6-2025

Information/Special..
The State of Law Coalition expected, today, Thursday, to hold a new session of Parliament in order to make amendments to the controversial laws and pass them in a different way than before, at the request of the Federal Court.

Coalition member Imran Karkoush told Al-Maalouma Agency, “The complaint filed before the Federal Court regarding the general amnesty law is related to Read more…

USAID Corruption.. $20 Million for Sesame Program in Iraq

USAID Corruption.. $20 Million for Sesame Program in Iraq

2-6-2025

Information/Translation..
A US senator has criticized the US Agency for International Development (USAID) for spending $20 million on an Iraqi version of Sesame Street, among other projects she described as “wasteful and dangerous spending” and corruption.
“Under the Biden administration, USAID has given $20 million to the nonprofit Sesame Workshop to produce ‘Ahlan Sesame Iraq,’ a show that aims to ‘promote Read more…

MP: Central government indulges democratic corruption

MP: Central government indulges democratic corruption

2-6-2025

Information/Special..
Former MP Ahmed Al-Hajj confirmed today, Thursday, that the Kurdistan Regional Government refuses to meet the demands of the sit-inners to deposit their salaries in federal banks to cover up corruption and multiple salaries.

Al-Hajj said in an interview Read more…

Al-Hakim returns to “administer the state” after an unannounced meeting with Al-Sudani and his replacement with positions

Al-Hakim returns to “administer the state” after an unannounced meeting with Al-Sudani and his replacement with positions

2025-02-06 05:46

Shafaq News/ Political sources revealed, on Thursday, that the atmosphere has been calmed with the head of the Hikma Movement, Ammar al-Hakim, after an “unannounced” meeting with Prime Minister Mohammed Shia al-Sudani, during which it was agreed that he would return to attend Read more…

State Administration Coalition calls for emergency meeting at Government Palace

State Administration Coalition calls for emergency meeting at Government Palace

2025-02-05 01:02

Shafaq News/ The State Administration Coalition called for an emergency meeting next Saturday, at the government palace in the capital, Baghdad, to discuss a group of “important” issues.

An informed source told Shafaq News Agency that the most important of these issues is Read more…

After 10 years of planning, the largest sustainable city in southern Iraq is launched

After 10 years of planning, the largest sustainable city in southern Iraq is launched

2025-02-05 02:00

Shafaq News/ Basra Governor, Asaad Al-Eidani, announced on Wednesday the launch of the “Palm City” project, one of the largest residential and development projects in Iraq .

Al-Eidani said during a press conference Read more…

A “bombshell” of dangers threatens the region.. Will Iraq extend the stay of the international coalition forces?

A “bombshell” of dangers threatens the region.. Will Iraq extend the stay of the international coalition forces?

2025-02-05 02:45

Shafaq News/ A spokesman for the Commander-in-Chief of the Iraqi Armed Forces confirmed that the timetables for the withdrawal of the international coalition forces from the country took into consideration the security forces’ need for training, equipment, logistics and technical matters, so the timetables are Read more…

What awaits Iraq after the resumption of the “maximum pressure” campaign on Iran?

What awaits Iraq after the resumption of the “maximum pressure” campaign on Iran?

2025-02-05 05:52

Shafaq News/ A former Iranian diplomat confirmed that the resumption of the “maximum pressure” campaign by US President Donald Trump on his country is not new, but rather an extension of sanctions and a siege that have been in place for 45 years. Tehran has largely succeeded in circumventing many of these sanctions. As for “reducing Iranian oil exports to zero,” this is “impossible,” he said, because Read more…

Finance on restructuring of Rafidain, Rashid and insurance companies: A fundamental step

Finance on restructuring of Rafidain, Rashid and insurance companies: A fundamental step

2025-02-05 02:18

Shafaq News/ Today, Wednesday, Minister of Finance Taif Sami discussed following up on the procedures for restructuring Rafidain and Rashid banks and insurance companies .

The ministry stated in a statement received by Shafaq News Agency, “Sami held an expanded meeting with the head of the Insurance Bureau, directors of government banks and Read more…

Trump cancels US exemption for Iraq to import electricity and gas from Iran

Trump cancels US exemption for Iraq to import electricity and gas from Iran

2025-02-05 03:08

Shafaq News/ US President Donald Trump canceled, on Wednesday, the exemption granted to Iraq to import electricity and gas from Iran, as part of the new package of sanctions on Iran.

The memorandum signed by Trump, which aims to exert maximum pressure Read more…

Planning announces the basic results of the population census in Iraq before the end of February

Planning announces the basic results of the population census in Iraq before the end of February

2025-02-05 01:01

Shafaq News/ Deputy Prime Minister and Minister of Planning, Mohammed Ali Tamim, announced on Wednesday that the ministry will announce the basic results of the population census before the end of February.

The Minister said at the beginning of the first meeting Read more…

Ministry of Finance issues government bonds worth two trillion dinars

Ministry of Finance issues government bonds worth two trillion dinars

2025-02-05

The Ministry of Finance announced today, Wednesday, the launch of national bonds with a total value of (2) trillion dinars, for the period from February 10 to March 10, 2025, as the Ministry of Finance stated in a statement that “the bonds will be distributed into two categories: Read more…

Ministry of Finance: An expanded meeting to follow up on the restructuring of insurance companies and government banks

Ministry of Finance: An expanded meeting to follow up on the restructuring of insurance companies and government banks

2025-02-05

Finance Minister Taif Sami held an expanded meeting today, Wednesday, with the Chairman of the Insurance Bureau, directors of government banks and insurance companies, and the international auditing and control company “Ernst & Young” to follow up on the measures taken to implement the restructuring Read more…

Parliamentary warning to Halbousi: Your fate is prison and your old files are still there

Parliamentary warning to Halbousi: Your fate is prison and your old files are still there

2-4-2025

Information/Special..
MP Mukhtar al-Moussawi warned, today, Tuesday, the head of the Progress Alliance, Mohammed al-Halbousi, who was convicted of forgery, of the consequences of his attempt to mobilize the street against the Federal Court after it stopped the implementation of controversial laws, including Read more…

“Sharing profits” .. British Petroleum prepares to invest $ 25 billion in Kirkuk

“Sharing profits” .. British Petroleum prepares to invest $ 25 billion in Kirkuk

2-4-2025

Information/ Translation..
A report by Reuters revealed on Tuesday that the British company BP is preparing to invest up to $25 billion over the life of a project to redevelop four oil and gas fields in Kirkuk, at a time when Baghdad seeks to regain foreign investment.
The report, Read more…

Economist: Budget amendment allowed the region to dispose of revenues without restrictions

Economist: Budget amendment allowed the region to dispose of revenues without restrictions

2-4-2025

Information/Baghdad..
Economic researcher Abdul Salam Hassan Hussein confirmed today, Tuesday, that the budget was designed with excessive flexibility that allows the region to dispose of revenues without restrictions.

Hussein said in a statement to Al-Maalouma Agency, “The constitutional laws in Iraq are clear and do not require interpretation, but political pressures facilitate Read more…

US report: Barzani family spends millions of dollars in Washington from corruption

US report: Barzani family spends millions of dollars in Washington from corruption

2-4-2025

Information/Translation …
A report by the American website Insight International confirmed on Tuesday that since the end of January 2024, lawyers for the Kurdistan Victims Fund have filed an extensive lawsuit against Masoud, Masrour, Weysi Barzani and several of their key aides. The case alleges a number of crimes ranging from corruption and forgery to Read more…

Al-Halbousi: The Federal Court is unconstitutional and we will overthrow its mandate with massive demonstrations

Al-Halbousi: The Federal Court is unconstitutional and we will overthrow its mandate with massive demonstrations

2025-02-04 06:02

Shafaq News/ Former Parliament Speaker Mohammed al-Halbousi expressed his strong rejection on Tuesday of the Federal Court’s decision to suspend the implementation of the general amnesty law, stressing that the law aims exclusively to provide justice to the innocent and the oppressed, and does not include Read more…

The Federation invalidates Al-Mashhadani’s membership, confirms Al-Masari, and rejects Nassif’s lawsuit against Al-Khafaji

The Federation invalidates Al-Mashhadani’s membership, confirms Al-Masari, and rejects Nassif’s lawsuit against Al-Khafaji

2025-02-04 04:27

Shafaq News/ The Federal Supreme Court (the highest judicial authority in Iraq) ruled on Tuesday that the membership of Iraqi parliament member Ahmed Al-Mashhadani is invalid, according to an informed source.

The source told Shafaq News Agency, “The Federal Supreme Court ruled that Read more…