IRAQI DINAR POLITICS & ECONOMY

The Sudanese coalition warns against “distortion and confusion” in the anti-corruption campaign.

The Sudanese coalition warns against “distortion and confusion” in the anti-corruption campaign.

2026-06-28

Shafaq News – Baghdad
The Reconstruction and Development Coalition, led by former Prime Minister Mohammed Shia al-Sudani, warned on Sunday against smear campaigns and the dissemination of false information by corrupt individuals, in its commentary on the arrest campaign targeting officials accused of corruption.

In a statement received by Shafaq News Agency, the coalition expressed its support for the measures taken by the government, the Supreme Judicial Council, and the competent authorities against those against whom official arrest warrants have been issued, based on the coalition’s firm belief Read more…

Maliki and his coalition on the anti-corruption campaign: Go all the way

Maliki and his coalition on the anti-corruption campaign: Go all the way

2026-06-28

Shafaq News – Baghdad
On Sunday afternoon, Nouri al-Maliki, leader of the State of Law Coalition, announced his support for the anti-corruption campaign launched by the Iraqi government in Baghdad and the provinces, which has resulted in the arrest of dozens of suspects since dawn, stressing the need to continue it “until the end.”

Al-Maliki said in a post on the “X” platform, which was followed by Shafaq News Agency, addressing Prime Minister Ali al-Zaidi and the judges: “We congratulate you on the (Dawn) campaign to pursue the corrupt who have tampered with the money of the Iraqi people, and we affirm our support for you Read more…

“The corrupt have no defense team”: The Iraqi Bar Association announces its position

“The corrupt have no defense team”: The Iraqi Bar Association announces its position

2026-06-28

Shafaq News – Baghdad
The Bar Association stressed on Sunday that it does not support any effort to defend those detained on corruption charges, as part of the campaign that has targeted officials and politicians.

The union stated in a statement received by Shafaq News Agency: “We support any practical and serious step aimed at combating corruption and drying up its sources, and proceeding in accordance with the provisions of the constitution and the law, towards achieving the goals that the public expects, after the matter reached a point where there was no longer any hope of losing hope Read more…

British newspaper: Tom Barrack arrived in Baghdad with the keys to the Federal Reserve sanctions threat.

British newspaper: Tom Barrack arrived in Baghdad with the keys to the Federal Reserve sanctions threat.

6-28-2026

The Middle East Monitor, a British newspaper, reported on Sunday that when Trump announced the appointment of Tom Barrack as the special presidential envoy to Iraq, he arrived with a barrage of economic threats against Baghdad.
The report, translated by Al-Maalomah News Agency, stated that “Barrack did not arrive in the Iraqi capital with a briefing and a handshake, but rather with a threat and a key to a vault—and this vault is Baghdad’s lifeline.”
The report explained that “since 2003, Iraq’s oil revenues have been deposited in a dedicated account at the Federal Reserve Bank of New York. When Baghdad needs hard currency, the US Treasury arranges for the transfer of dollar bills—sometimes reaching $13 billion in a single year—on cargo planes from New Jersey to the Central Bank of Iraq. This arrangement, Read more…

Source: Directive issued to prevent former Sudanese government officials from traveling until further notice.

Source: Directive issued to prevent former Sudanese government officials from traveling until further notice.

6-28-2026

Information / Baghdad…
A responsible source revealed on Sunday that directives have been issued to all Iraqi airports prohibiting officials from the previous government of Prime Minister Mohammed Shia al-Sudani from traveling until further notice, due to ongoing investigations into corruption cases.
The source told the Information Agency that “directives have been issued to all Iraqi airports to prevent officials from al-Sudani’s government from traveling until investigations are completed with a number of detainees who have given confessions Read more…

Al-Zaidi’s visit to Washington: Economic goals or new dictates to drag Baghdad towards normalization?

Al-Zaidi’s visit to Washington: Economic goals or new dictates to drag Baghdad towards normalization?

6-28-2026

The visit of Prime Minister Ali al-Zubaidi to the United States raises many questions about its aims and objectives, especially as the US has sent its envoy to Iraq to discuss several issues or, perhaps, to impose its will in an undeclared manner. This has been warned against by many political circles, given the developments in the region, where the US administration seeks to serve Zionist interests and ensure that many countries, including Iraq, normalize relations with the occupying entity. Hussain al-Karawi, head of the organizing committee for the Belt and Road Movement, told Al-Maalomah, “There are many questions about the aims and objectives behind the Iraqi prime minister’s visits to the United States and meetings with the US president.” Read more…

The Algerian reveals the date for the convening of an international court for corruption cases in Iraq.

The Algerian reveals the date for the convening of an international court for corruption cases in Iraq.

6-28-2026

The head of the National Oath Movement, Abdul Rahman al-Jazaeri, confirmed on Sunday that corruption in Iraq has accumulated over many years. He also indicated that an international tribunal will convene on October 1st to examine corruption cases across various ministries. Speaking to
Al-Maalomah, al-Jazaeri said, “The corruption file has been accumulating for years, and during the last three years, indicators have emerged that necessitate Read more…

Hot Dawn: Confessions of the “Oil Whale” Uncover Major Corruption Files and Topple Officials

Hot Dawn: Confessions of the “Oil Whale” Uncover Major Corruption Files and Topple Officials

6-28-2026

The Iraqi political and oversight landscape is reeling from a powerful aftershock triggered by the confessions of Adnan al-Jumaili, the Undersecretary of the Ministry of Oil for Refining Affairs, whom popularly and politically refer to as the “oil whale.”
A surprise security operation, launched late last night and continuing until now, saw security forces from the Counter-Terrorism Service, the Iraqi Army, and the National Security Service close all entrances and exits to the heavily fortified Green Zone. This operation resulted in the downfall of several high-ranking officials Read more…

Al-Maamouri: The previous government granted investments to political figures without justification.

Al-Maamouri: The previous government granted investments to political figures without justification.

6-28-2026

Information / Baghdad…
Former MP Amir al-Maamouri accused the previous government on Sunday of granting investment opportunities and projects to political figures in ways he described as inconsistent with the principles of justice and transparency.
Al-Maamouri told the Information Agency, “There are files related to granting investments and contracts to political figures and entities without legal entitlement or fair competition, which necessitates opening comprehensive investigations into them.”
He added, “The next phase requires reviewing all investment files Read more…

The General Secretariat of the House of Representatives clarifies the mechanism for lifting immunity after the arrest of corrupt MPs.

The General Secretariat of the House of Representatives clarifies the mechanism for lifting immunity after the arrest of corrupt MPs.

6-28-2026

The General Secretariat of the Iraqi Parliament issued a statement on Sunday regarding the arrests of several members of parliament early that morning, clarifying the constitutional and legal procedures that preceded the execution of the arrest warrants.
The statement, received by Al-Maalomah News Agency, explained that “the Constitution and the Parliament’s internal regulations grant the Speaker, or his deputy in his absence, the authority to individually lift the immunity of any member of parliament wanted by the judiciary during the legislative recess, without the need for a vote.” The statement further clarified Read more…

Most of them are MPs… State media reveals the names of those arrested on corruption charges

Most of them are MPs… State media reveals the names of those arrested on corruption charges

2026-06-28

Shafaq News – Baghdad
The Iraqi News Agency revealed on Sunday the names of the politicians and officials arrested on corruption charges as part of the campaign that began at dawn today.

The official Iraqi news agency reported that “the number of detainees on corruption charges has reached 47, including officials and members of parliament.”

The names of the detainees were presented, and they are: the head of the Azm Alliance, Member of Parliament Read more…

Shocking arrests and foreign pursuit: How does Baghdad plan to dismantle the corruption system?

Shocking arrests and foreign pursuit: How does Baghdad plan to dismantle the corruption system?

2026-06-28

Shafaq News – Baghdad
In a rare political and security development, Baghdad has witnessed a wide-ranging arrest campaign since Sunday morning targeting political officials, members of parliament, and businessmen, in what authorities describe as one of the largest anti-corruption operations in years, targeting networks accused of wasting public money and smuggling billions of dollars, amid indications that the investigations may extend to include figures from the highest levels of the state.

These developments come at a time when the Iraqi government is placing the fight against corruption at the top of its priorities, while Iraq still occupies a low position in international transparency indicators, as it came in 136th place Read more…

After a week of zero exports, Iraq resumes its oil exports to America at 71,000 barrels per day.

After a week of zero exports, Iraq resumes its oil exports to America at 71,000 barrels per day.

2026-06-28

Shafaq News – Baghdad/Washington
Data from the U.S. Energy Information Administration showed that Iraq resumed exporting crude oil to the United States last week, at a rate of 71,000 barrels per day, after U.S. imports of Iraqi crude had reached zero the previous week, while Saudi Arabia recorded zero barrels per day.

According to data seen by Shafaq News Agency, Canada topped the list Read more…

Fuad Hussein: The closure of Hormuz has affected our economy… and Baghdad is ready to adopt a settlement in the region.

Fuad Hussein: The closure of Hormuz has affected our economy… and Baghdad is ready to adopt a settlement in the region.

6-28-2026

Shafaq News – Baghdad
Foreign Minister Fuad Hussein confirmed on Sunday that the unrest in the Strait of Hormuz had major repercussions on the country’s economy due to the disruption of Iraq’s oil exports, expressing Baghdad’s readiness to host talks between the Gulf states and Iran in order to reach a settlement in the region.

Hussein said in a joint press conference held in Baghdad with his Iranian counterpart Abbas Araqchi, which was attended by Shafaq News Agency, that “this visit is of complete and special Read more…

Araghchi: My visit to Baghdad comes under special circumstances

Araghchi: My visit to Baghdad comes under special circumstances

2026-06-28

Shafaq News – Baghdad
Iranian Foreign Minister Abbas Araqchi confirmed on Sunday that his visit to Iraq was his first since the end of the war, noting that it aimed to thank the Iraqi government and people for their stances. He also revealed anticipated coordination regarding the funeral of Ali Khamenei at the holy shrines in Iraq, and informing Baghdad of the developments in the talks with Washington.

Araqchi said during a joint press conference with his Iraqi counterpart Fuad Hussein, held in Baghdad, that Read more…

Al-Zaydi appoints Judge Munir Haddad as his legal advisor

Al-Zaydi appoints Judge Munir Haddad as his legal advisor

2026-06-28

Shafaq News – Baghdad
An informed source revealed on Sunday that Judge Munir Haddad has been appointed as legal advisor to Iraqi Prime Minister Ali al-Zaidi.

For his part, the head of the Kurdish Faili bloc in the Iraqi parliament, MP Haider al-Faili “Abu Tara”, congratulated Judge Haddad on the occasion of his assumption of the duties of legal advisor to al-Zaidi.

In an official statement, Abu Tara expressed his wishes for success in Judge Haddad’s national duties, given his Read more…

Financial issues are the most prominent… A call to scrutinize the decisions of the Sudanese government

Financial issues are the most prominent… A call to scrutinize the decisions of the Sudanese government

2026-06-28

Shafaq News – Baghdad
On Sunday, former Deputy Minister of Finance, Masoud Haider, called on the Integrity Commission and judicial and regulatory bodies to audit all decisions and actions taken by former Prime Minister Mohammed Shia al-Sudani, particularly in the Ministry of Finance.

Haider said in a statement received by Shafaq News Agency: “I call on the Prime Minister and the head of the judiciary to direct the Integrity Commission and the regulatory and judicial bodies to audit and review all books, decisions and procedures issued from the first day of the formation Read more…

“Part One” ends with the arrest of 43 defendants… Details of the largest anti-corruption campaign in Iraq

“Part One” ends with the arrest of 43 defendants… Details of the largest anti-corruption campaign in Iraq

2026-06-28

Shafaq News – Baghdad
An informed source revealed on Sunday details of the largest anti-corruption operation in the country, which has so far resulted in the arrest of 43 officials and politicians, and is to be completed in a second phase and will target “first-class” figures.

The source told Shafaq News Agency that “the operation that was launched is considered the first part, and the total number of detainees in it reached 43 people, some of whom have been released.”

He added that the detainees included employees, general managers, politicians, businessmen and members of Read more…

Iraq records the strongest project growth in the region, valued at $429 billion.

Iraq records the strongest project growth in the region, valued at $429 billion.

2026-06-28

Shafaq News – Baghdad
Iraq achieved the strongest increase in project value in the region during the period from May 15 to June 19, 2026, after adding new projects worth $12 billion, bringing the total value of projects in the country to $429 billion, according to data from the MEED Projects Index.

The data showed that Iraq recorded growth of 2.8% during the period mentioned, supported by the progress of the North Oil Company’s integrated project in the Ajil field, valued at Read more…

Al-Sadr supports Al-Zaidi’s campaign: Continue pursuing corrupt individuals regardless of their positions.

Al-Sadr supports Al-Zaidi’s campaign: Continue pursuing corrupt individuals regardless of their positions.

2026-06-28

Shafaq News – Baghdad
An informed source revealed on Sunday that the leader of the Sadrist movement, Muqtada al-Sadr, sent a message to the Iraqi Prime Minister, Ali al-Zubaidi, in which he announced his support for the government measures aimed at pursuing and holding accountable those involved in corruption cases.

The source told Shafaq News Agency that “Al-Sadr delivered a message through close associates to Al-Zaydi this afternoon, which included an announcement of his full and absolute support Read more…