IRAQI DINAR POLITICS & ECONOMY

The Iraqi Interior Ministry withdraws security personnel from MPs convicted of financial corruption.

The Iraqi Interior Ministry withdraws security personnel from MPs convicted of financial corruption.

2026-08-10

Shafaq News – Baghdad
On Monday, the acting Interior Minister, Hussein Al-Awadi, decided to withdraw all security personnel assigned to members of parliament who were convicted of financial corruption.

An informed source in the ministry told Shafaq News Agency that Al-Awadi issued an order to the Directorate of Personal Protection to withdraw the police officers assigned to protect the MPs who were referred to court on corruption charges. Read more…

Global Finance awards an Iraqi bank a global prize in recognition of its performance

Global Finance awards an Iraqi bank a global prize in recognition of its performance

8-10-2026

Baghdad-Mail
The National Bank of Iraq announced on Monday that it had won the “Best Bank in Iraq for 2026” award, granted by the international magazine “Global Finance”, as part of its annual Best Bank Awards 2026 , which honors the most distinguished banking institutions worldwide.

The bank said in a statement, “This win is a significant milestone in the bank’s journey, as it was chosen for the first time as the best bank in Iraq, alongside a select group of the most prominent Read more…

International experts in Baghdad to track smuggled funds… “Corruption kingpins” on the arrest list

International experts in Baghdad to track smuggled funds… “Corruption kingpins” on the arrest list

2026-08-10

Shafaq News – Baghdad
An informed source revealed on Monday that an international committee has arrived in Iraq, comprising a number of experts concerned with tracking smuggled or stolen funds, with the aim of supporting efforts to recover them in cooperation with official authorities.

The source told Shafaq News Agency that an international committee comprising American experts and others of different foreign nationalities arrived in Baghdad a few days ago to Read more…

The government’s financial advisor: The liquidity crisis is temporary and there is no cause for concern.

The government’s financial advisor: The liquidity crisis is temporary and there is no cause for concern.

8-10-2026

The government’s financial advisor, Mazhar Muhammad Saleh, reassured employees and citizens about the stability of the financial situation and the security of salaries, stressing: “The financial liquidity crisis is temporary and there is no reason to worry.”

Mohammed Saleh told the Iraqi National News Agency: “The main concern and issue currently being raised in public opinion is the monthly flow of salaries, grants, pensions and social assistance, as it is not easy for the Iraqi citizen to be cut off from them, as 40 million Iraqis are affected Read more…

Al-Fatlawi clarifies the essence of the dispute within the coordination framework regarding the ministerial cabinet.

Al-Fatlawi clarifies the essence of the dispute within the coordination framework regarding the ministerial cabinet.

8-10-2026

Information/Baghdad…
Ali al-Fatlawi, a member of the Reconstruction and Development Coalition, clarified the core of the political dispute within the coordination framework regarding the remaining ministerial positions in al-Zidi’s cabinet. He pointed out that the path is now clear to resolve most of the portfolios, despite a disagreement surrounding the Ministry of Interior.
Al-Fatlawi told Al-Maalouma, “The problem regarding the cabinet still exists, despite the State Administration Coalition meeting last week, where the issue was raised for discussion and Read more…

Sadiqoun warns against leniency in holding corrupt individuals accountable: The next phase will be different.

Sadiqoun warns against leniency in holding corrupt individuals accountable: The next phase will be different.

8-10-2026

Information/Baghdad..
MP Ahmed Al-Asadi, from the Sadiqun parliamentary bloc, warned on Monday of the danger of leniency in the file of holding corrupt individuals accountable, stressing the need to take firm measures against those involved in corruption cases and not to repeat past experiences.
Al-Asadi told Al-Maalomah News Agency that “leniency in holding corrupt individuals accountable poses a danger to the state and its institutions, and this issue must be dealt with seriously and firmly.” He explained that the judiciary is working to ensure that those involved in corruption cases are Read more…

MP: More than $70 billion spent on electricity with no tangible results

MP: More than $70 billion spent on electricity with no tangible results

8-10-2026

Information/Baghdad…
MP Riyadh Adai confirmed on Monday that the electricity sector is suffering from major problems due to corruption and mismanagement, explaining that the funds spent on the sector in recent years have not had a tangible impact on the country’s electrical grid.
Adai told the Information Agency, “The electricity sector is suffering immensely due to corruption and mismanagement, especially since more than $70 billion has been spent over the past years—an amount equivalent to the budgets of entire countries—without any Read more…

Badr Parliamentary Bloc denies that the vacant ministerial posts will be filled next week: Deep disagreements are delaying their completion.

Badr Parliamentary Bloc denies that the vacant ministerial posts will be filled next week: Deep disagreements are delaying their completion.

8-10-2026

The Badr parliamentary bloc denied on Monday that the Prime Minister had sent the names of candidates for the vacant ministerial posts to Parliament for a vote next week, confirming that political disagreements and objections regarding these names persist. Bloc member Mukhtar al-Youssef told the
Information Agency that “political disagreements regarding the identity of the candidates to fill the vacant ministries are still ongoing and are currently under discussion,” explaining that “the names have not yet been finalized due to Read more…

Al-Zaidi receives an official invitation from his Japanese counterpart to visit Tokyo

Al-Zaidi receives an official invitation from his Japanese counterpart to visit Tokyo

2026-08-10

Shafaq News – Baghdad
On Monday, Iraqi Prime Minister Ali Faleh al-Zaidi received an official invitation from Japanese Prime Minister Sanae Takaichi to visit Tokyo, as part of the two countries’ efforts to strengthen bilateral relations and economic and investment cooperation.

The Prime Minister’s Media Office stated in a statement received by Shafaq News Agency that the invitation was conveyed during Al-Zaidi’s meeting with the Japanese Ambassador to Iraq, Akiro Endo, who affirmed his country’s keenness to strengthen cooperation and partnership relations with Iraq. Read more…

Iraq plans two new oil export routes via Fishkhabur and Banias.

Iraq plans two new oil export routes via Fishkhabur and Banias.

2026-08-10

Shafaq News – Baghdad
The Iraqi Ministry of Oil announced on Monday its intention to establish a new pipeline system for transporting and exporting crude oil via two routes to Fishkhabur and Banias, as part of its plans to develop infrastructure and diversify the outlets for exporting Iraqi crude to global markets.

The ministry said in a statement, received by Shafaq News Agency, that its Undersecretary for Extraction Affairs, Naseer Aziz, chaired a meeting to discuss the project to establish the new pipeline system, stressing that the proposed routes will provide additional export outlets in addition to the main Read more…

The Iraqi Interior Ministry announces the closure of 71 fake Popular Mobilization Forces headquarters.

The Iraqi Interior Ministry announces the closure of 71 fake Popular Mobilization Forces headquarters.

2026-08-10

Shafaq News – Baghdad
The Iraqi Ministry of Interior announced on Monday the closure of 71 fake headquarters of the Popular Mobilization Forces, stressing that any drone flying without approvals will be treated as a terrorist, along with those who launch it, regardless of their affiliations.

The head of the Ministry’s Department of Relations and Media, Major General Miqdad Miri, said during a press conference held by the National Permanent Committee for Regulating and Restricting Weapons to the State, which was attended by Shafaq News Agency, that “the committee currently has a database of 6 million weapons throughout the country, Read more…

The Iraqi government denies distributing salaries every 45 days.

The Iraqi government denies distributing salaries every 45 days.

2026-08-10

Shafaq News – Baghdad
Iraqi government spokesman Haider al-Aboudi confirmed on Monday that oil wealth represents the largest part of the general budget, while denying any intention to distribute salaries every 45 days.

Al-Aboudi said during a press conference attended by Shafaq News Agency that “Iraq has not exported oil since last February, after the closure of the Strait of Hormuz, and oil exports have decreased, reaching 4 million barrels per month in April.” Read more…

Al-Aboudi: Talks to complete the government cabinet “do not meet expectations”

Al-Aboudi: Talks to complete the government cabinet “do not meet expectations”

2026-08-10

Shafaq News – Baghdad
Iraqi government spokesman Haider al-Aboudi confirmed on Monday that talks regarding the completion of the government cabinet “do not meet expectations.”

Al-Aboudi said during a press conference attended by Shafaq News Agency that “the dialogues and indicators do not meet the ambition to complete the cabinet, and that there are 9 vacant ministries.”

He explained: “Therefore, the Prime Minister instructed the undersecretaries to attend the Cabinet meeting.” Read more…

Al-Zaydi’s government responds to parliament: We have no knowledge of the Saudi bombing.

Al-Zaydi’s government responds to parliament: We have no knowledge of the Saudi bombing.

2026-08-10

Shafaq News – Baghdad
The Iraqi government, headed by Ali al-Zaidi, confirmed on Monday that it had no prior knowledge of the targeting of Popular Mobilization Forces sites, denying claims that it had prior information about the attack and failed to take the necessary measures.

Iraqi government spokesman Haider al-Aboudi said during a press conference attended by a Shafaq News Agency correspondent that “the targeting and attack on the Popular Mobilization Forces sites was not with the knowledge of the government,” indicating that there are those who are trying to stir up public opinion in this direction. Read more…

Iraq advances 5 places in the list of the world’s richest countries for 2026

Iraq advances 5 places in the list of the world’s richest countries for 2026

2026-08-10

Shafaq News – Baghdad
Iraq ranked 109th globally out of 189 countries in the list of the world’s richest countries for 2026, according to the American magazine Global Finance, recording a gross domestic product per capita according to purchasing power parity of $15,359.60 internationally.

According to the ranking seen by Shafaq News Agency, Iraq has advanced 5 places compared to 2025, when it ranked 114th globally. Read more…

Maysan refinery adopts a modern system for measuring the quantities of crude oil received

Maysan refinery adopts a modern system for measuring the quantities of crude oil received

8-9-2026

The Maysan Refinery administration announced on Sunday the adoption of a modern system for measuring the quantities of crude oil received, indicating that the system is one of the international systems used to control the quantities of oil entering oil sites. Ali Taher, the head of the metering division at the refinery, told the official agency that “the refinery has adopted a modern and integrated system to measure the quantities of crude oil received from the Maysan Oil Company, with the aim of controlling the quantities entering the refinery and documenting them accurately,” indicating that “the measurement and metering system is one of the international systems used to control the quantities Read more…

MP: The cabinet will be completed next week.

MP: The cabinet will be completed next week.

2026-08-09 07:45

Shafaq News – Baghdad
MP Ahmed Al-Moussawi, from the Sadiqun parliamentary bloc, confirmed on Sunday that the names of candidates for the vacant ministerial portfolios will be announced next week.

Al-Moussawi told Shafaq News Agency that the political dialogues and meetings between the blocs have reached the final stages to finalize the formation of the ministerial cabinet.

He added that the names of the ministers will be sent from Prime Minister Ali al-Zidi to the House Read more…

Badr Parliamentary Committee: Parliamentary action to resolve vacant ministerial posts in tomorrow’s session

Badr Parliamentary Committee: Parliamentary action to resolve vacant ministerial posts in tomorrow’s session

8-9-2026

The Badr parliamentary bloc confirmed on Sunday that the majority of political blocs will renew their pressure and demands on the al-Zaidi government to expedite the submission of nominees for the vacant ministerial positions as soon as possible. The bloc indicated that completing the cabinet has become an urgent necessity and cannot tolerate further delay given the current crises.
Bloc member and MP Mukhtar al-Youssef told the Information Agency, “Iraq is currently going through its most difficult and critical phase, directly linked to Read more…

A Kurdish rapprochement is expected… an agreement between the KDP and PUK to resolve the regional government crisis.

A Kurdish rapprochement is expected… an agreement between the KDP and PUK to resolve the regional government crisis.

8-9-2026

Information / Baghdad…
A leading Kurdish source revealed on Sunday that a political breakthrough between the two main parties in the Kurdistan Region, the Kurdistan Democratic Party (KDP) and the Patriotic Union of Kurdistan (PUK), is imminent. The source confirmed that both parties have agreed to halt their mutual media escalation.
The source, who preferred to remain anonymous, told the Information Agency that “positive meetings and dialogues have taken place recently between the KDP and PUK at high leadership levels.” Read more…

Four deputies for al-Zaydi: Government reform or a deal to appease political forces?

Four deputies for al-Zaydi: Government reform or a deal to appease political forces?

8-9-2026

The political arena is embroiled in heated debate and intense behind-the – scenes maneuvering following news and indications of a move to appoint four deputy prime ministers. This step has presented the public, parliamentarians, and oversight bodies with a crucial and fundamental question: Does this broad measure represent a practical and well-considered step to repair the crumbling executive performance and manage complex issues? Or is it merely a new political appeasement maneuver designed behind closed doors to recycle the abhorrent cycle of partisan quotas? Read more…