IRAQI DINAR POLITICS & ECONOMY

The Iraqi Ministry of Finance and the World Bank begin preparing a roadmap for digital transformation.

The Iraqi Ministry of Finance and the World Bank begin preparing a roadmap for digital transformation.

2026-08-05

The Iraqi Ministry of Finance and the World Bank begin preparing a roadmap for digital transformationShafaq News – Baghdad
The Iraqi Ministry of Finance announced on Wednesday that it has begun implementing the requirements for preparing the executive roadmap for digital transformation in cooperation with the World Bank.

According to a statement from the Ministry of Finance received by Shafaq News Agency, this came during a meeting held by the Undersecretary of the Ministry, Ali Karim, with a World Bank delegation headed by Emmanuel Salinas, and in the presence of the Directors Read more…

Be the first to comment - What do you think?  Posted by MDV - August 5, 2026 at 8:28 am

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Tomorrow, the framework will discuss completing the formation of the government.

Tomorrow, the framework will discuss completing the formation of the government.

8-5-2026

Tomorrow the framework will discuss completing the formation of the governmentInformation/Baghdad…
A member of the Coordination Framework, Uday Abdul-Hadi, confirmed on Wednesday that the Coordination Framework forces will hold a meeting tomorrow to discuss five issues on the agenda.
Abdul-Hadi explained to Al-Maalouma that, “According to available information, the Coordination Framework forces, with all their leaders, will hold an important meeting tomorrow in Baghdad, in the presence of Prime Minister Ali al-Zubaidi, to discuss five issues on the agenda. The most Read more…

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The last American air defense system was dismantled inside the Harir base in Erbil.

The last American air defense system was dismantled inside the Harir base in Erbil.

8-5-2026

The last American air defense system was dismantled inside the Harir base in ErbilInformation/Erbil…
Informed sources revealed on Wednesday that the last air defense system inside Harir Air Base near Erbil has been dismantled.
The sources explained to Al-Maalomah that “technical teams inside Harir Air Base have completed, according to field indicators, the dismantling of the last air defense system belonging to the American forces, as part of accelerated withdrawal steps, in compliance with the agreement between Washington and Baghdad, under which the American military presence in Iraq will end entirely by the end of this month.” Read more…

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Political pressure or a reform campaign? Calls for Al-Zaydi to open long-pending corruption files.

Political pressure or a reform campaign? Calls for Al-Zaydi to open long-pending corruption files.

8-5-2026

Political pressure or a reform campaign - Calls for Al-Zaydi to open long-pending corruption filesThe issue of combating corruption has resurfaced in the political arena, with growing talk of political pressure on the government. This coincides with demands to reopen files and review contracts signed during previous administrations. Parliamentarians are emphasizing the need for legal and political cover for the relevant authorities to pursue those involved and recover public funds. They assert that the success of any anti-corruption campaign requires neutralizing political pressure and enabling oversight and judicial institutions to perform their duties without interference. Furthermore, they stress the importance of reviewing contracts and files suspected of involving the misuse of public funds. In this Read more…

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A preliminary agreement has been reached to fill the vacant ministerial positions by the end of August.

A preliminary agreement has been reached to fill the vacant ministerial positions by the end of August.

8-5-2026

A preliminary agreement has been reached to fill the vacant ministerial positions by the end of AugustInformation/Special..
Former MP Jassim Mohammed Jaafar predicted on Wednesday that the political forces will agree to pass the nine ministries within the next few days, and that they may be put to a vote before the House of Representatives at the end of this August.

Jaafar explained in a statement to Al-Maalomah News Agency that “there is a consensus among most political forces to present the names of candidates to fill these nine vacant ministries to the House of Representatives as a single package,” predicting that “the vote on the remaining ministries will take place in the House of Representatives at the end of this August.” Read more…

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Parliament announces receipt of draft external borrowing law from the government

Parliament announces receipt of draft external borrowing law from the government

8-5-2026

Parliament announces receipt of draft external borrowing law from the governmentInformation/Special..
The Parliamentary Finance Committee revealed on Wednesday that the draft law on external borrowing and grants for the year 2026 has arrived from the Ministry of Finance to Parliament in order to make some amendments and additions before it is put to a vote.

Committee member Jamal Kojar told Al-Maalomah News Agency that “the government has two options to solve the cash liquidity crisis. The first is to print money to save funds, and the second is to arrest the corrupt in order to withdraw all the money they stole Read more…

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Before the deadline and al-Zaidi’s visit, the “Islamic Resistance” intensifies its meetings regarding the Saudi bombing.

Before the deadline and al-Zaidi’s visit, the “Islamic Resistance” intensifies its meetings regarding the Saudi bombing.

2026-08-05

Before the deadline and al-Zaidis visit the Islamic Resistance intensifies its meetings regarding the Saudi bombingShafaq News – Baghdad
Informed sources revealed on Wednesday that the “Islamic Resistance in Iraq” factions are intensifying their meetings to decide on their response to the Saudi bombing that targeted the Popular Mobilization Forces last month, ahead of the deadline expiring tomorrow, Thursday, and Prime Minister Ali al-Zubaidi’s scheduled visit to Riyadh.

Sources told Shafaq News Agency that “the armed factions are serious about a military response to Saudi Arabia, but Read more…

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The US Treasury removes Fly Baghdad from its sanctions list.

The US Treasury removes Fly Baghdad from its sanctions list.

2026-08-05

The US Treasury removes Fly Baghdad from its sanctions listShafaq News – Washington
The US Treasury Department announced on Wednesday that it had removed Fly Baghdad Airlines from its sanctions list.

The ministry said in a statement: The following items have been removed from the Office of Foreign Assets Control’s sanctions list: Fly Baghdad Airlines, also known as Iraq Express. Read more…

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Iraq announces exporting more than 7,000 tons of cement to Syria monthly.

Iraq announces exporting more than 7,000 tons of cement to Syria monthly.

2026-08-05

Iraq announces exporting more than 7000 tons of cement to Syria monthlyShafaq News – Baghdad
The Iraqi General Cement Company, one of the companies of the Ministry of Industry and Minerals, announced on Wednesday that the design capacity of the Al-Qaim cement plant has been achieved, amounting to 840,000 tons per year of resistant cement.

The company’s general manager, Zuhair Dawood Ahmed, said in a statement issued by the ministry that the factory’s production rate reaches 70,000 tons per month, which meets the needs Read more…

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Why is Iraq offering such large discounts on its oil? Officials explain the reasons.

Why is Iraq offering such large discounts on its oil? Officials explain the reasons.

2026-08-05

Why is Iraq offering such large discounts on its oil -  Officials explain the reasonsShafaq News – Baghdad
Oil officials confirmed on Wednesday that Iraq’s reliance on selling most of its oil exports under the FOB system is due to the limited size of its maritime fleet, which forces it to depend on foreign tankers to transport the bulk of its exports.

Officials told Shafaq News Agency that the FOB system means that Iraq’s responsibility ends once the oil is loaded onto the tanker at export ports, while the buyer bears the costs of shipping, insurance and maritime transport risks. Read more…

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Does the increased money supply threaten the stability of the Iraqi economy? Al-Zaydi’s advisor explains the risks.

Does the increased money supply threaten the stability of the Iraqi economy? Al-Zaydi’s advisor explains the risks.

2026-08-05

Does the increased money supply threaten the stability of the Iraqi economy - Al-Zaydis advisor explains the risksShafaq News – Baghdad
The Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, revealed on Wednesday the impact of increased currency issuance in Iraq on economic and financial stability.

Saleh told Shafaq News Agency that “the issuance of currency in Iraq recorded a remarkable increase during the first five months of 2026, reaching about 113.560 trillion dinars by the end of May, an increase of 13.761 trillion dinars, or Read more…

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Saudi Arabia affirms its support for Iraq in a way that prevents its territory from becoming a tool of “aggression” against its neighbors.

Saudi Arabia affirms its support for Iraq in a way that prevents its territory from becoming a tool of “aggression” against its neighbors.

2026-08-05

Saudi Arabia affirms its support for Iraq in a way that prevents its territory from becoming a tool of aggression against its neighborsShafaq News – Amman
Saudi Arabia affirmed on Wednesday its support for everything that would enhance Iraq’s interests and its relations with Arab and Islamic countries, ensuring that its lands and resources are not turned into a tool for aggression against its neighbors.

This came during a meeting between Saudi Foreign Minister Faisal bin Farhan and Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein, on the sidelines of the ministerial meeting Read more…

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An American perspective: Al-Zaidi faces two options: “Confront the factions or resign.”

An American perspective: Al-Zaidi faces two options: “Confront the factions or resign.”

2026-08-04

An American perspective - Al-Zaidi faces two options -  Confront the factions or resignShafaq News – Special Translation
According to a reading by the American ” Atlantic Council ” institute, the Shiites in Iraq are increasingly attached to the idea that the threat of an American war against Iran will pose a threat to their influence in the region, which is pushing the armed factions to be more stringent on the issue of handing over weapons before the dust of war settles.

This also shows that Iraq has not succeeded in building a democratic state of institutions, but rather a state of sects, Read more…

Be the first to comment - What do you think?  Posted by MDV - August 4, 2026 at 9:20 am

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Dana Gas and Crescent Petroleum begin supplying gas to Baghdad from the Khor Mor field.

Dana Gas and Crescent Petroleum begin supplying gas to Baghdad from the Khor Mor field.

2026-08-04

Dana Gas and Crescent Petroleum begin supplying gas to Baghdad from the Khor Mor fieldShafaq News – Baghdad
Dana Gas and Crescent Petroleum announced on Tuesday that they have begun supplying natural gas from the Khor Mor field in the Kurdistan Region to the Iraqi Ministry of Electricity, under an agreement aimed at supporting electricity production in the country.

The two companies said in a statement received by Shafaq News Agency that the agreement, signed with the Iraqi Ministry of Electricity last December, stipulates the supply of 100 million Read more…

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Al-Zaydi directs the adoption of pre-audit procedures for contracts and the detection of loopholes before they turn into corruption.

Al-Zaydi directs the adoption of pre-audit procedures for contracts and the detection of loopholes before they turn into corruption.

8-4-2026

Al-Zaydi directs the adoption of pre-audit procedures for contracts and the detection of loopholes before they turn into corruptionInformation/Baghdad…
Prime Minister Ali Faleh al-Zaidi directed on Tuesday the adoption of a pre-audit mechanism before signing contracts, while also calling for the identification of loopholes before they escalate into corruption cases.
The Prime Minister’s office stated in a press release received by the Information Agency that “al-Zaidi, during a meeting with the Federal Board of Supreme Audit and the Integrity Commission, directed the adoption of the principle of pre-audit for contracts before Read more…

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In the absence of justifications, a political movement is underway to reinstate the rejected candidates in the confidence vote session.

In the absence of justifications, a political movement is underway to reinstate the rejected candidates in the confidence vote session.

8-4-2026

In the absence of justifications a political movement is underway to reinstate the rejected candidates in the confidence vote sessionInformation/Report..
The political blocs intend to resubmit their candidates who were rejected in the session to grant confidence to Al-Zidi’s cabinet within the parliament, in light of the absence of logical justifications for rejecting the names submitted to the House of Representatives, as the State of Law Coalition is still holding firm to its candidates, in addition to the other blocs whose candidates did not receive a vote, at a time when political parties confirm that there is external interference behind the rejection of some of the candidates in Al-Zidi’s cabinet.

Former State of Law Coalition MP Hussein Mardan told Al-Maalomah that “the State of Law Coalition has not made Read more…

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Source: More than 50 US vehicles leave Harir base for Jordan

Source: More than 50 US vehicles leave Harir base for Jordan

8-4-2026

Source - More than 50 US vehicles leave Harir base for JordanInformation/Anbar..
A security source in Anbar province revealed on Tuesday that a large US military convoy withdrew from Harir base in Erbil province towards Jordan, via the Trebil border crossing west of the province.

The source told Al-Maalomah News Agency that “an American military convoy comprising more than 50 Humvees left Harir base in Erbil and took the Baiji-Haditha road to the Trebil border crossing, in preparation for entering Jordanian territory.” Read more…

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“At its weakest point”… Will the coordination framework fall apart?

“At its weakest point”… Will the coordination framework fall apart?

2026-08-04

At its weakest point... Will the coordination framework fall apartShafaq News – Baghdad
Since the formation of the coordinating framework that brings together the ruling Shiite political forces in Iraq in 2021, with the aim of unifying their political position after the results of the early parliamentary elections and confronting the project of forming a majority government led by the Sadrist movement, the alliance is currently facing a series of challenges that threaten its ability to maintain its internal cohesion and its role in managing the major issues in the country.

Observers believe that the alliance, which arose Read more…

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Factional weapons or “collapse”: Al-Zaydi’s government faces an impossible equation

Factional weapons or “collapse”: Al-Zaydi’s government faces an impossible equation

2026-08-04

Factional weapons or collapse - Al-Zaydis government faces an impossible equationShafaq News – Special Translation
The Italian ” Special Eurasia ” report highlighted Iraq’s transformation into a central arena for regional conflict, and painted a very pessimistic picture of the future of the Iraqi government under American pressure and Iranian influence.

The report, translated by Shafaq News Agency, concluded that Baghdad is experiencing a state of political and security paralysis between Washington’s demands to disarm the factions, and the Iranian influence that is deeply rooted within Iraqi political, security and Read more…

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Iraq leads in largest oil deals during July

Iraq leads in largest oil deals during July

2026-08-04

Iraq leads in largest oil deals during JulyShafaq News – Baghdad
Iraq topped the list of the largest oil deals concluded during July 2026, in a list that included three Arab countries: Iraq, Oman, and Qatar, amid a broad investment movement aimed at developing oil and gas fields and enhancing production capacity.

Iraq came in first place after signing agreements with American companies to develop 9 oil fields in the governorates of Kirkuk, Diyala, Basra and Dhi Qar, with the participation of Read more…

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