IRAQI DINAR POLITICS & ECONOMY

No red lines… Parliament’s integrity committee comments on the largest anti-corruption campaign: Everyone is included.

No red lines… Parliament’s integrity committee comments on the largest anti-corruption campaign: Everyone is included.

2026-06-28

Shafaq News – Baghdad
The Integrity Committee in the Iraqi Parliament affirmed on Sunday its support for the government of Ali al-Zaidi’s approach to combating corruption, considering the current campaign to be a qualitative shift that affects senior officials, at a time when investigations continue in secrecy with the expansion of judicial and security measures.

Committee member Hamid Al-Fatlawi told Shafaq News Agency that “the Integrity Committee supports the government’s approach to combating corruption, and today there is a radical difference Read more…

Gas station owners appeal to Al-Zaydi: We are subjected to the biggest ongoing “theft” on a daily basis

Gas station owners appeal to Al-Zaydi: We are subjected to the biggest ongoing “theft” on a daily basis

2026-06-27

Shafaq News – Baghdad
Fuel station investors in Iraq on Saturday called on Prime Minister Ali al-Zubaidi to intervene urgently to stop what they described as the “biggest theft” that continues daily.

In a statement addressed to the Prime Minister and received by Shafaq News Agency, investors said that when stations purchase a tanker load of 36,000 liters from the Oil Products Distribution Company, they receive a smaller quantity ranging between 35,000 and Read more…

The United Nations commends Iraq: It has made progress in protecting public funds and combating corruption.

The United Nations commends Iraq: It has made progress in protecting public funds and combating corruption.

6-27-2026

Baghdad-Mail
The Resident Representative of the United Nations Development Programme in Iraq, Titon Mitra, praised Iraq on Saturday, stressing that it has made progress in documenting the financial dimension of corruption cases, while emphasizing that protecting public funds and establishing the rule of law are two pillars for Iraq’s stability and sustainable development .

“The United Nations Development Programme expresses its sincere appreciation to its national partners for their trust, cooperation and commitment, as Read more…

Al-Halbousi from Cairo: We reject Iran’s violation of the sovereignty of Arab states and support regional de-escalation.

Al-Halbousi from Cairo: We reject Iran’s violation of the sovereignty of Arab states and support regional de-escalation.

2026-06-27

Shafaq News – Cairo
The Speaker of the Iraqi Parliament, Hebat al-Halbousi, reiterated on Saturday Baghdad’s support for the recent memorandum of understanding signed between the United States and Iran as a prelude to reaching a comprehensive peace agreement in the region, while condemning the attacks launched by Tehran against Arab countries despite regional and international calls for de-escalation.

Al-Halbousi said in a speech he delivered during the eighth conference of the Arab Parliament Read more…

From bidding farewell to combat missions to building economic bridges… Al-Zaidi outlines the features of the new partnership with Washington

From bidding farewell to combat missions to building economic bridges… Al-Zaidi outlines the features of the new partnership with Washington

2026/06/27

Prime Minister Ali Faleh Al-Zaidi confirmed on Saturday that his upcoming visit to Washington represents a declaration of a new phase of partnership between Iraq and the United States, based on common interests and mutual respect, while revealing a government direction to move from a military partnership to a sustainable economic, investment and development partnership.
Al-Zaydi said in a press statement followed by Al-Furat News that “our visit to Washington is not a passing protocol visit, but rather represents an announcement of a new phase of partnership Read more…

The coffers are empty and the 2026 budget is buried… Will Iraqis enter a phase of “tightening their belts”?

The coffers are empty and the 2026 budget is buried… Will Iraqis enter a phase of “tightening their belts”?

6-27-2026

Information / Exclusive…
Jamal Kojar, a member of the Parliamentary Finance Committee, confirmed on Saturday that the government’s continued operation without a general budget effectively transforms it into a “caretaker government.” He also revealed that the current government has shelved the 2026 budget and is moving towards a radical change in the structure of the 2027 budget.
Kojar told Al-Maalouma that “the government now lacks the necessary legal cover for investment and development spending,” noting that “current government spending is Read more…

Al-Karawi: Combating corruption begins with striking at the sources of political corruption and holding the major figures involved accountable.

Al-Karawi: Combating corruption begins with striking at the sources of political corruption and holding the major figures involved accountable.

6-27-2026

The founder of the popular campaign against corruption, Hussein al-Karawi, affirmed on Saturday that anti-corruption efforts will not achieve tangible results unless they include pursuing the political entities behind corruption networks and holding their supporters accountable. Al-Karawi told the Information Agency that “combating corruption is not limited to pursuing low-level employees, but requires striking at the political sources that have provided protection for the corrupt and contributed to entrenching corruption Read more…

Mansour: It is time to apply the “Where did you get this from?” policy to property owners in residential complexes.

Mansour: It is time to apply the “Where did you get this from?” policy to property owners in residential complexes.

6-27-2026

Information / Baghdad..
The former Vice-Chair of the Parliamentary Investment Committee, Suzan Mansour, called on Saturday for regulatory and judicial authorities to open the residential investment file and investigate the sources of ownership of real estate within major residential complexes.
Mansour stated in an interview with Al-Maalomah News Agency that “the residential investment file is a crucial one requiring thorough review by the relevant authorities, particularly concerning Read more…

Economic expert: Al-Zaidi’s move to bring businessmen to Washington was ill-advised and will only create brokers.

Economic expert: Al-Zaidi’s move to bring businessmen to Washington was ill-advised and will only create brokers.

6-27-2026

The economic expert Hashim al-Haboubi stated on Saturday that Prime Minister Ali al-Zubaidi’s announcement of taking a group of Iraqi businessmen to Washington was an “unfortunate step,” describing it as a repetition of previous government scenarios that open the door to intermediaries and commissions at the expense of direct contracts.
Al-Haboubi told the Information Agency that “the businessmen accompanying the government delegation do not possess the capacity for Read more…

A member of the coordinating framework: A crucial meeting will be held next week to finalize the cabinet.

A member of the coordinating framework: A crucial meeting will be held next week to finalize the cabinet.

6-27-2026

Information/Baghdad…
On Saturday, Uday Abdul-Hadi, a member of the Coordination Framework, confirmed that the Framework’s constituent forces will hold an important meeting mid-next week to finalize the cabinet formation for Prime Minister Ali al-Zaidi’s government.
Speaking to Al-Maalouma, Abdul-Hadi stated that the Framework’s constituent forces, representing all its factions, will convene a crucial meeting mid-next week with the Prime Minister to agree on steps to complete his cabinet. This will involve Read more…

Abdul Mahdi warns against Iraq’s withdrawal from OPEC: We will lose and there will be an oil glut.

Abdul Mahdi warns against Iraq’s withdrawal from OPEC: We will lose and there will be an oil glut.

2026-06-27

Shafaq News – Baghdad
Former Prime Minister Adel Abdul Mahdi warned on Saturday of the repercussions of Iraq leaving OPEC, calling for an increase in the country’s share of oil production and exports through the organization, given the power it would have in the energy markets.

Abdul Mahdi said in a post on the social networking site Facebook, “We will lose if we leave OPEC, and we will produce more, and others will follow us, and there will be a glut, and prices Read more…

Al-Zaidi: We aspire to raise Iraq’s oil production to 7 million barrels per day… Our focus is on a strong partnership with Washington.

Al-Zaidi: We aspire to raise Iraq’s oil production to 7 million barrels per day… Our focus is on a strong partnership with Washington.

2026-06-27

Shafaq News – Baghdad
Prime Minister Ali al-Zubaidi expressed Iraq’s desire to raise crude oil production rates to about 7 million barrels per day, while emphasizing the move towards a strong economic partnership with America, and warning of the repercussions of the rampant financial and administrative corruption in the country’s state institutions and departments.

Al-Zaidi said in an interview with Sky News, “We aspire, over the next three years, to raise Iraq’s oil production to (7) million barrels per day, and we have informed American companies Read more…

A new gas pipeline connection will boost electricity production in Sulaymaniyah.

A new gas pipeline connection will boost electricity production in Sulaymaniyah.

2026-06-27

Shafaq News – Sulaymaniyah
The Ministries of Electricity and Natural Resources in the Kurdistan Regional Government announced on Saturday that technical teams had successfully connected a new gas pipeline from the Kormor field to the power generation station in Sulaimaniyah.

The two ministries stated in a joint statement seen by Shafaq News Agency that “their technical teams were able, within six hours, to successfully complete the process of connecting the new gas Read more…

The Iraqi Chief Justice reveals the thwarting of terrorist attacks in America and European countries.

The Iraqi Chief Justice reveals the thwarting of terrorist attacks in America and European countries.

2026-06-27

Shafaq News – Follow-up
The head of the Supreme Judicial Council, Judge Faiq Zaidan, affirmed on Saturday that the Iraqi judiciary has contributed, through international judicial cooperation mechanisms, to uncovering and thwarting terrorist crimes and preventing their implementation in a number of Arab and European countries, as well as the United States of America, stressing that the independence of the judiciary represents the basic pillar of the modern constitutional state.

During his participation in the dialogue session for the heads of Arab Supreme Courts in Milan, Italy, Zaidan said Read more…

To boost the economy, calls are being made to open corruption files, monitor contracts, and investigate local governments.

To boost the economy, calls are being made to open corruption files, monitor contracts, and investigate local governments.

6-26-2026

Information/Baghdad…
Recently, numerous corruption cases involving officials in the executive branch have been opened, with the theft of millions of dollars. This has prompted many political and parliamentary circles to demand the opening of all corruption files, the monitoring of local governments, and the continuation of efforts to eradicate corruption in order to serve the national economy amidst Iraq’s economic decline. They are also calling for scrutiny of contracts and investments, as political figures assert that many of these contracts are tainted by corruption Read more…

A member of the Democratic Party confirms the possibility of exporting one million barrels of oil per day through the region.

A member of the Democratic Party confirms the possibility of exporting one million barrels of oil per day through the region.

6-26-2026

Information/Baghdad…
Wafa Mohammed Karim, a member of the Kurdistan Democratic Party, confirmed the possibility of exporting one million barrels of oil daily through the Kurdistan Region, thus avoiding any developments that might arise in the region regarding exports via seaports.
Karim told Al-Maalouma, “The biggest previous disputes between Baghdad and Erbil have been resolved, especially concerning the issue of oil exports Read more…

The Trump administration sends a decisive message to Baghdad: The era of ambiguity regarding Iran is over.

The Trump administration sends a decisive message to Baghdad: The era of ambiguity regarding Iran is over.

2026-06-26

Shafaq News – Special Translation
The administration of US President Donald Trump is no longer willing to accept the ambiguity of Iraq’s position through its rapprochement with Iran, as it believes that Baghdad should turn westward instead of eastward, and strengthen its friendship with the United States and the surrounding Arab countries.

Washington now expects changes in government that will strengthen Iraqi sovereignty, noting that Prime Minister Read more…

The Gulf Cooperation Council: We have evidence that the recent attacks originated from Iraq.

The Gulf Cooperation Council: We have evidence that the recent attacks originated from Iraq.

2026-06-26

Shafaq News – Riyadh
The Secretary-General of the Gulf Cooperation Council, Jassim Al-Badawi, confirmed on Friday that the Council possesses evidence, coordinates, and images confirming that the “recent attacks” on the Gulf states originated from Iraq.

On another note, Al-Badawi expressed in press statements the GCC countries’ rejection of imposing fees Read more…

Soon, Baghdad will host international figures: oil, electricity, and strategic partnerships.

Soon, Baghdad will host international figures: oil, electricity, and strategic partnerships.

2026-06-25

Shafaq News – Baghdad
Informed sources revealed on Thursday that important visits by international figures to Baghdad are expected, to conduct economic understandings that will bring mutual benefit to the parties concerned, just hours after reports spoke of the possibility of Iraq withdrawing from OPEC, and the repercussions of this decision on the global energy market.

A government source told Shafaq News Agency that “figures and representatives from Read more…

Iraq begins marketing internet transit capacity and receives its first payment in hard currency.

Iraq begins marketing internet transit capacity and receives its first payment in hard currency.

2026-06-25

Shafaq News – Baghdad
On Thursday, Communications Minister Mustafa Sand announced an agreement with the Qatari company GBI to market cross-border (transit) internet capacities through the “Road of Civilizations” project, confirming the receipt of the first financial payment in hard currency within the project.

Sand said, in a statement seen by Shafaq News Agency, that the agreement was concluded according to the long-term right of use (IRU) system for leasing fibers from Read more…