IRAQI DINAR POLITICS & ECONOMY

Federal Court decides to suspend general amnesty, personal status and real estate laws by a state order

Federal Court decides to suspend general amnesty, personal status and real estate laws by a state order

2025-02-04

Today, Tuesday, February 4, 2025, the Federal Supreme Court issued a judicial order to suspend the implementation of the general amnesty, personal status, and real estate return laws.

On January 21, the House of Representatives voted to approve Read more…

To discuss military and strategic files.. A “high-ranking” American official will visit Baghdad soon

To discuss military and strategic files.. A “high-ranking” American official will visit Baghdad soon

2025-02-03 08:32

Shafaq News/ An Iraqi government official reported on Monday that a high-ranking American official is about to visit Baghdad soon, and that preparations are underway for the visit, noting that the official will discuss the American presence in Iraq and the structuring of Read more…

Budget in the Balance.. A Challenge Threatens the First Amendment

Budget in the Balance.. A Challenge Threatens the First Amendment

2-3-2025

Information / Report..
Yesterday’s parliament session witnessed a vote on the first amendment to the budget law, but parliamentarians confirmed that the legal quorum was not complete, which sparked widespread controversy over the legitimacy of the legislative procedures followed.
In a statement, the Front of Representatives of the Center and the South confirmed Read more…

Al-Fatah: The smuggling of oil from the region continues and the government is required to intervene immediately

Al-Fatah: The smuggling of oil from the region continues and the government is required to intervene immediately

2-3-2025

Al-Maalouma / Special..
Member of the Fatah Alliance, Ali Al-Fatlawi, confirmed today, Monday, that oil smuggling operations by the Kurdistan Region are still ongoing without any accountability, calling on the federal government to urgently intervene to end this Read more…

Oil Minister: Production cost in some areas may reach $20 per barrel

Oil Minister: Production cost in some areas may reach $20 per barrel

2-3-2025

Information/Baghdad…
Former Iraqi Oil Minister Abdul Jabbar Al-Luaibi confirmed that the cost of oil production in some areas of the country could reach $20 per barrel.

Al-Luaibi said in an interview followed by Al-Maalouma Agency that the costs “differ from one field and location to another, but on average, in some areas they reach four dollars per barrel, and in other areas they reach Read more…

Parliamentary Finance Committee challenges budget amendment: No quorum in session

Parliamentary Finance Committee challenges budget amendment: No quorum in session

2-3-2025

Al-Maalouma/Special..
The Parliamentary Finance Committee filed an appeal with the Federal Court today, Monday, against the passage of the first amendment to the budget law, amidst confirmations that the legal quorum was not met during the session.
Committee member, MP Hussein Al-Saabari, explained in a statement Read more…

The party mystery.. Prominent Iraqi figures at Trump’s inauguration ceremony.. What is going on behind the scenes?

The party mystery.. Prominent Iraqi figures at Trump’s inauguration ceremony.. What is going on behind the scenes?

2-3-2025

Information / Special ..
The US capital, Washington, witnessed the presence of prominent Iraqi figures at the inauguration ceremony of the new US President, Donald Trump, which raised a wave of questions about the real motives for this presence, especially in light of the political transformations that the new Trump administration may impose Read more…

Sudden US move threatens development projects in Iraq

Sudden US move threatens development projects in Iraq

2025-02-03 01:59

Shafaq News/ Billionaire Elon Musk, who is leading US President Donald Trump’s efforts to reduce the size of the federal government, announced the progress of these efforts, pointing to the ongoing work to close the US Agency for International Development, according to Reuters.

Musk, who is also CEO of Tesla and Read more…

Iraq responds to reports of ‘buying Iranian crude’ or ‘re-exporting it’: We have strict controls

Iraq responds to reports of ‘buying Iranian crude’ or ‘re-exporting it’: We have strict controls

2025-02-03 06:12

Shafaq News/ The Iraqi Ministry of Oil denied, on Monday, the accuracy of reports stating that Iraq “bought Iranian crude oil”, “received it” or “re-exported it”, stressing that export operations “are subject to strict controls.”

The ministry said in a statement: “All quantities of Iraqi crude oil are exported Read more…

Barzani headquarters denies statement about refusing to re-appoint Al-Sudani as Prime Minister

Barzani headquarters denies statement about refusing to re-appoint Al-Sudani as Prime Minister

2025-02-03 00:01

Shafaq News/ The headquarters of Kurdish leader Masoud Barzani denied, on Monday, what was circulated by media platforms about making a statement that included his rejection of appointing Mohammed Shia al-Sudani as Prime Minister of Iraq again.

Barzani’s headquarters said in a press statement Read more…

Government issues statement after parliament votes on budget

Government issues statement after parliament votes on budget

2025-02-03

The Iraqi government, through its spokesman Bassem Al-Awadi, expressed its appreciation Sunday (February 2, 2025), for the responsible and constructive step taken by the Council of Representatives in approving the amendment to the budget law.

Al-Awadi said in a statement, “Prime Minister Mohammed Shia Al-Sudani Read more…

Parliamentary source: Parliament’s vote on amending the budget does not mean approving the 2025 schedules

Parliamentary source: Parliament’s vote on amending the budget does not mean approving the 2025 schedules

2025-02-02 07:53

Shafaq News/ A parliamentary source revealed, on Sunday, that the 2025 budget schedules were not approved in today’s session, while indicating that the vote on amending the budget law was limited to a paragraph related to the Kurdistan Region’s oil .

The source said, in an interview Read more…

Iraq’s dollar reserves exceed $100 billion

Iraq’s dollar reserves exceed $100 billion

2025/02/02

Economic expert, Basem Jamil Antoine, revealed Iraq’s dollar reserves.
Antoine told {Euphrates News} that: “The Iraqi gold reserve is good and it is preferable for the reserve to be larger than it is now and commensurate with the size of Iraq’s dollar reserve, which currently amounts to Read more…

Economist expects voluntary oil production cut to be halted

Economist expects voluntary oil production cut to be halted

2-2-2025

Information/Baghdad…
Economic expert Safwan Qusay said on Sunday that the voluntary reduction in oil production is likely to be halted through American pressure, noting that halting the reduction will result in Read more…

US Withdrawal from Iraq: Deliberate Delay or Systematic Absence?

US Withdrawal from Iraq: Deliberate Delay or Systematic Absence?

2-2-2025

Information / Special ..
Since 2003, Iraqi-American relations have witnessed different stages of tension, especially regarding the American military presence in Iraq.
Despite previous agreements between the two parties, the file of the complete American withdrawal is still in place, amid questions about the reasons Read more…

Iraqi ports receive 11 oil tankers in one day

Iraqi ports receive 11 oil tankers in one day

2025-02-02 04:45

Shafaq News/ The General Company for Iraqi Ports announced, on Sunday, the reception of 11 oil tankers that docked at the docks of Khor Al-Zubair Specialized Port.

The company’s general manager, Farhan Al-Fartousi, told Shafak News Agency, “Increasing the volume of revenues was one of the priorities Read more…

After approving the budget amendment, Shakhwan Abdullah announces containing the problem of Kurdistan oil and employees’ salaries

After approving the budget amendment, Shakhwan Abdullah announces containing the problem of Kurdistan oil and employees’ salaries

2025-02-02 05:27

Shafaq News/ The Deputy Speaker of the Iraqi Parliament, Shakhwan Abdullah, announced on Sunday that the problems facing the export of oil from the Kurdistan Region have been contained, after passing the amendment to the federal budget law.

Abdullah said in an interview Read more…

Parliamentary Finance Committee “explodes a surprise” regarding the cost of extracting oil from the Kurdistan Region

Parliamentary Finance Committee “explodes a surprise” regarding the cost of extracting oil from the Kurdistan Region

2025-02-02 06:04

Shafaq News/ The Finance Committee of the Iraqi Council of Representatives said on Sunday that the vote on amending the general budget law is related to the proposal sent by the federal government to the council. While it explained that the cost of extracting oil is $16 and is not fixed, but may reach Read more…

Parliamentary Finance Committee: Voting on the budget will address the problems

Parliamentary Finance Committee: Voting on the budget will address the problems

2025-02-02

The first deputy head of the Finance Committee, Ikhlas al-Dulaimi, confirmed today, Sunday, that the vote on the first amendment to the budget will address the problems of the center and the region. Al-Dulaimi stated in a statement to Al-Sumaria Channel that “the vote on the law of the first amendment to the budget will Read more…

Washington explodes a surprise: “We will not leave Iraq”

Washington explodes a surprise: “We will not leave Iraq”

2025-02-01 | 01:02

SumerianNews – Security
With the developments taking place in the region, especially what happened in Lebanon, Palestine and Syria after the change of their regimes, everyone began to worry that the organization would exploit ISIS The security vacuum to return again, which caused concern for the Iraqi government, which prompted it to postpone the request for the withdrawal Read more…