IRAQI DINAR POLITICS & ECONOMY

“Oil and Gas Law” resolves pending issues between Baghdad and Erbil

“Oil and Gas Law” resolves pending issues between Baghdad and Erbil

2025-01-04 01:49

Shafaq News/ The Oil and Gas Committee in the Iraqi Parliament considered, on Saturday, that the agreement on the draft “Oil and Gas Law” and sending it from the government to the parliament will contribute to resolving many Read more…

2024 ended without what was planned.. Will Iraq succeed in escaping the “oil curse”?

2024 ended without what was planned.. Will Iraq succeed in escaping the “oil curse”?

2025-01-04 05:41

Shafaq News/ Iraq witnessed a significant increase in non-oil revenues at the end of last year 2024, as it reached 12% of total public revenues compared to non-oil revenues for the year 2023, while economic experts believe that this number is Read more…

US soldier killed in Iraq under ‘mysterious circumstances’

US soldier killed in Iraq under ‘mysterious circumstances’

2025-01-04

The American military magazine Military Magazine revealed, Friday (January 3, 2025), the “death” of a 34-year-old American soldier in Iraq as a result of what it described as “mysterious circumstances.”

The magazine said in a report that “the American soldier from the US state of Indiana, who was stationed in Iraq with forces affiliated with Read more…

In support of Mr. Al-Hakim’s proposal.. Advisor to Al-Sudani: Iraq strengthens its sustainable economic partnerships

In support of Mr. Al-Hakim’s proposal.. Advisor to Al-Sudani: Iraq strengthens its sustainable economic partnerships

2025/01/03

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, announced that the current Iraqi government seeks to strengthen sustainable economic partnerships with major countries.

Saleh told {Euphrates News}: “Iraq has Read more…

Abu Saeeda: America seeks to establish its bases inside Iraq through agreements with Baghdad

Abu Saeeda: America seeks to establish its bases inside Iraq through agreements with Baghdad

1-3-2025

Information/Baghdad…
The head of the Wujoud Movement, Muhammad Abu Sa’ida, confirmed on Friday that America seeks to establish its bases inside Iraq through agreements that Washington concludes with Baghdad in order to guarantee the free movement of its forces without any Read more…

“Iraq’s Path to Economic Resilience: Supporting Industry, Agriculture and Youth in 2025”

“Iraq’s Path to Economic Resilience: Supporting Industry, Agriculture and Youth in 2025”

1-3-2025

Researcher Shaza Khalil*
The Iraqi economy has long faced many challenges, including political instability, the effects of conflict, and a heavy reliance on oil exports. Despite these difficulties, Iraq has begun to explore opportunities to diversify its economy, with a particular focus on revitalizing the industrial and agricultural sectors. Statements by Iraqi Prime Minister Mohammed Shia al-Sudani highlighted Read more…

Iraq faces major economic difficulties and blocs “impose” budget spending doors

Iraq faces major economic difficulties and blocs “impose” budget spending doors

1-2-2025

Information/Report..
Warnings are increasing that Iraq will face economic difficulties in the coming period for a number of reasons, including Read more…

Al-Sudani’s advisor reassures employees: There is no salary crisis

Al-Sudani’s advisor reassures employees: There is no salary crisis

1-2-2025

Information/Baghdad…
The financial and economic advisor to the Prime Minister, Mazhar Mohammed Salih, denied the existence of a salary crisis in the country, stressing the existence of large financial reserves that cover the required liquidity.

Mazhar Muhammad Salih said in an interview Read more…

Al-Akeili rules out Trump’s implementation of the US military withdrawal agreement from Iraq

Al-Akeili rules out Trump’s implementation of the US military withdrawal agreement from Iraq

1-2-2025

Information/Baghdad…
Political analyst Sabah Al-Akeili ruled out, on Thursday, that US President-elect Donald Trump would proceed with the Baghdad-Washington agreement on ending the US military presence on Iraqi soil, noting that Trump has Read more…

Parliamentarian: Legislation of oil, gas, investment and property laws is necessary

Parliamentarian: Legislation of oil, gas, investment and property laws is necessary

1-2-2025

Information/Special..
Member of Parliament Ahmed Al-Sharmani stressed today, Thursday, the necessity of enacting important laws that touch upon the needs of the Iraqi people and not being preoccupied with controversial laws during the last legislative year of Parliament, such as the investment, oil and gas laws. Read more…

Al-Sudani: Baiji will become one of the largest cities in the oil industry in Iraq and the region

Al-Sudani: Baiji will become one of the largest cities in the oil industry in Iraq and the region

2025-01-02 03:11

Shafaq News/ Prime Minister Mohammed Shia al-Sudani expected, on Thursday, that the city of Baiji in Salah al-Din Governorate would be “one of the largest cities in the oil industry in Iraq and the region.”

This came in his speech during the inauguration and launch of Read more…

Finland announces withdrawal of all its soldiers from Iraq

Finland announces withdrawal of all its soldiers from Iraq

1-1-2025

Information/Follow-up..
The Finnish Ministry of Defense announced today, Wednesday, the return of its last soldiers from Iraq by the end of 2024, who participated in training Iraqi forces to fight ISIS gangs within the international coalition.

A statement by the ministry, Read more…

Economist praises ASYCUDA automation system: A step towards achieving important resources

Economist praises ASYCUDA automation system: A step towards achieving important resources

1-1-2025

Information / Baghdad..
Economic expert Nabil Al-Ali confirmed on Wednesday that the government’s announcement to start, since the beginning of this year, completing the infrastructure to connect all border crossings, by starting to use the “ASYCUDA” automation system, will contribute to achieving significant financial Read more…

Unprecedented challenges.. What awaits Iraq in 2025?

Unprecedented challenges.. What awaits Iraq in 2025?

2025-01-01 01:53

Shafaq News/ It seems that Iraq is not destined for stability and peaceful living, as it awaits, in addition to the challenges that are now considered “normal and ordinary”, major and worrying challenges, some of which are unprecedented, starting with the beginning of the new year 2025, according to Read more…

After a “treasure trove” of information about ISIS, a special force storms the depths of “Wadi al-Shai”

After a “treasure trove” of information about ISIS, a special force storms the depths of “Wadi al-Shai”

2025-01-01 02:38

Shafaq News/ A local source in Kirkuk Governorate reported on Wednesday that special forces stormed deep into Wadi al-Shai, south of the governorate, after finding a “treasure trove” of information about ISIS.

The source told Shafaq News Agency, “Special forces from the Iraqi elite stormed Read more…

In the lead-up to the 2025 meetings… the Coordination Framework towards a new policy

In the lead-up to the 2025 meetings… the Coordination Framework towards a new policy

2025-01-01 05:14

Shafaq News/ The Coordination Framework will hold its regular meeting next week to discuss issues related to mechanisms for dealing with the rapid developments in the region, in addition to discussing the axes of Prime Minister Mohammed Shia al-Sudani’s upcoming visit to Tehran at the end Read more…

Parliamentary Integrity: The amounts recovered from the “theft of the century” do not exceed 5%, and the stolen amount exceeds the declared amount

Parliamentary Integrity: The amounts recovered from the “theft of the century” do not exceed 5%, and the stolen amount exceeds the declared amount

2024/12/31

A member of the Parliamentary Integrity Committee revealed the amounts recovered from the case of tax deposits at Rafidain Bank, known in the media as the “theft of the century.”
Ali Turki told Al Furat News Agency: “The money recovered from the ‘theft of the century’ does not exceed 5% of the real value Read more…

National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature

National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature

12-31-2024

Information/Baghdad…
Member of the Patriotic Union of Kurdistan, Burhan Sheikh Raouf, confirmed on Tuesday that there is no longer enough time to mature the dialogues regarding the oil and gas law, noting that the issue will be postponed to the government and the next parliamentary session, as successive governments have failed for about 20 years Read more…

What is holding up the passage of the oil and gas law so far?

What is holding up the passage of the oil and gas law so far?

12-31-2024

Information / Special..
Member of the Parliamentary Oil and Gas Committee, Alaa Al-Haidari, confirmed today, Tuesday, that there is difficulty in approving the oil and gas law due to the absence of a political agreement and the Kurdistan Regional Government’s failure to abide by the agreements concluded Read more…

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

2024-12-31 03:40

Shafaq News/ The Supreme Judicial Council announced on Tuesday the recovery of 12 billion Iraqi dinars from one of the companies violating the currency market in Baghdad.

The judiciary media said in a statement seen by Shafaq News Agency, “The Second Karkh Investigation Court recovered today an amount of 12 billion Iraqi dinars Read more…