IRAQI DINAR POLITICS & ECONOMY

Nineveh: Agreement reached to complete requirements for operating Mosul Airport within 3 months

Nineveh: Agreement reached to complete requirements for operating Mosul Airport within 3 months

2026-06-24

Nineveh - Agreement reached to complete requirements for operating Mosul Airport within 3 monthsShafaq News – Nineveh
Nineveh Governor Abdul Qadir al-Dakhil announced on Wednesday that an agreement had been reached with the Iraqi Civil Aviation Authority to complete the technical and administrative requirements for operating Mosul International Airport, within a timeframe not exceeding 3 months.

Al-Dakhil said in a post on his Facebook page, which was followed by Shafaq News, that a meeting was held at the headquarters of the Civil Aviation Authority, during which it was agreed that Read more…

Be the first to comment - What do you think?  Posted by MDV - June 24, 2026 at 8:45 am

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The Kirkuk-Ceyhan oil pipeline will be ready for pumping within two weeks.

The Kirkuk-Ceyhan oil pipeline will be ready for pumping within two weeks.

2026-06-24

The Kirkuk-Ceyhan oil pipeline will be ready for pumping within two weeksShafaq News – Kirkuk
On Wednesday, an official source at the state-owned North Oil Company revealed that the Iraqi-Turkish pipeline extending from Kirkuk to the Turkish port of Ceyhan has been prepared and equipped, confirming that trial pumping through the pipeline will begin within two weeks in preparation for resuming exports in a stable manner.

The source told Shafaq News Agency that “the North Oil Company has completed all the technical and engineering Read more…

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Mandatory starting July 10th: Iraqi Customs activates electronic inquiry for commercial documents

Mandatory starting July 10th: Iraqi Customs activates electronic inquiry for commercial documents

2026-06-24

Mandatory starting July 10th - Iraqi Customs activates electronic inquiry for commercial documentsShafaq News – Baghdad
The Iraqi General Authority of Customs announced on Wednesday the activation of the electronic inquiry feature for certificates of origin and commercial invoices issued by the Federation of Iraqi Chambers of Commerce, through electronic linkage with the ASYCUDA system, in order to verify the validity of the issuance of these documents and their adoption within the customs procedures.

According to a statement issued by the authority and received by Shafaq News Agency, addressed to traders, Read more…

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Assurances regarding the high dollar exchange rates in the Iraqi market

Assurances regarding the high dollar exchange rates in the Iraqi market

6-23-2026

Assurances regarding the high dollar exchange rates in the Iraqi marketThe recent surge in the dollar’s price on the parallel market has brought back to the forefront concerns about the stability of the exchange rate in Iraq, after the selling price exceeded 157,000 dinars per 100 dollars. This development has raised widespread questions among citizens and traders about its real causes and whether it reflects anticipated changes in monetary policy or is merely a temporary response to the atmosphere of regional tension and market speculation.

Despite the rise recorded in recent days, economic and financial experts confirm that official indicators do not reflect any change in the approved exchange rate or in the state’s monetary policy, attributing what is happening Read more…

Be the first to comment - What do you think?  Posted by MDV - June 23, 2026 at 8:42 am

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Nuclear oversight: Iraq is qualified to establish nuclear power plants that generate stable electricity unaffected by crises.

Nuclear oversight: Iraq is qualified to establish nuclear power plants that generate stable electricity unaffected by crises.

6-23-2026

Nuclear oversight - Iraq is qualified to establish nuclear power plants that generate stable electricity unaffected by crisesBaghdad-Mail
The National Nuclear, Radiological, Chemical and Biological Regulatory Authority confirmed on Tuesday that Iraq has the qualifications to establish nuclear power plants, while noting that international standards determine the selection of sites .

The head of the National Nuclear, Radiological, Chemical and Biological Regulatory Authority, Fadel Hawi Mezban, said, “Any place can be a site for the construction of a nuclear power plant, but tests and measurements must usually be carried out by the finest Read more…

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India strengthens its oil security and places Iraq among its top suppliers.

India strengthens its oil security and places Iraq among its top suppliers.

2026-06-23

India strengthens its oil security and places Iraq among its top suppliersShafaq News – Follow-up
India plans to accelerate the expansion of its strategic oil reserves by building a new facility in Mangalore, Karnataka, with a capacity of 1.75 million metric tons and a cost of $1.6 billion, as part of plans to bolster energy security amid global supply disruptions.

Shafaq News Agency followed up on S&P Global data, which showed that Iraq, along with Saudi Arabia, the UAE, Kuwait and Qatar, is among the most prominent suppliers of crude oil to India, at a time when Read more…

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Maliki’s coalition denies agreeing to replace its candidates for the Interior and Education Ministries

Maliki’s coalition denies agreeing to replace its candidates for the Interior and Education Ministries

6-23-2026

Malikis coalition denies agreeing to replace its candidates for the Interior and Education MinistriesInformation / Baghdad..
Jassim Mohammed Jaafar, a leader in the State of Law Coalition, denied on Tuesday that any agreement had been reached during the recent meeting of the Coordination Framework Forces to replace the coalition’s candidates for the Interior and Higher Education portfolios, stressing that they would adhere to the candidates and present them for a vote in the next session.
Jaafar told Al-Maalomah that “the recent meeting of the Coordination Framework leaders discussed several political issues, including completing the cabinet of Prime Minister al-Zaidi’s Read more…

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Judiciary: Oil Ministry Undersecretary’s confessions lead to the downfall of the former Salah al-Din governor and the seizure of 98 billion dinars and 11 million dollars.

Judiciary: Oil Ministry Undersecretary’s confessions lead to the downfall of the former Salah al-Din governor and the seizure of 98 billion dinars and 11 million dollars.

6-23-2026

Judiciary - Oil Ministry Undersecretarys confessions lead to the downfall of the former Salah al-Din governor and the seizure of 98 billion dinars and 11 million dollarsThe Supreme Judicial Council announced on Tuesday that the confessions of the Deputy Minister of Oil for Refining Affairs led to the arrest of the former governor of Salah al-Din, noting that the total amount of money seized in the case has exceeded 98 billion Iraqi dinars and 11 million US dollars.
A statement from the Council, received by Al-Maalomah News Agency, indicated that “the investigating judge of the Central Anti-Corruption Criminal Court announced new developments in the case of the detained Deputy Minister of Oil for Refining Affairs, Adnan al-Jumaili, and that his confessions during the investigations led to Read more…

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By more than 5%… Iraqi crude prices plummet as global oil prices decline

By more than 5%… Iraqi crude prices plummet as global oil prices decline

2026-06-23

By more than 5 percent... Iraqi crude prices plummet as global oil prices declineShafaq News – Baghdad
Iraqi oil prices recorded a significant decline in conjunction with the drop in global crude prices, as Basra Heavy crude fell by more than 5%, while Brent and West Texas Intermediate crude futures declined during today’s trading.

Market data showed that Basra Heavy crude fell to $47.73 a barrel, down $2.75 or 5.45%, while Basra Medium crude dropped to $49.83 a barrel, a loss of Read more…

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The Iraqi parliament will resume its work at the beginning of July, with the cabinet reshuffle on the agenda.

The Iraqi parliament will resume its work at the beginning of July, with the cabinet reshuffle on the agenda.

2026-06-23

The Iraqi parliament will resume its work at the beginning of July with the cabinet reshuffle on the agendaShafaq News – Baghdad
On Tuesday, MP Duha al-Sadkhan, from the “National Approach” bloc, revealed the date for the start of the second legislative session of the House of Representatives, confirming that the parliament’s leadership will determine during the month of July a date for the resumption of sessions, including a session to complete the vote on the ministerial cabinet.

Al-Sadkhan told Shafaq News Agency that the House of Representatives’ legislative recess will end next week, with the second legislative session scheduled to begin on July 1st. Read more…

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Behind the walls of ports and border crossings: Will the rotation movement succeed in breaking the stranglehold of smuggling and corruption?

Behind the walls of ports and border crossings: Will the rotation movement succeed in breaking the stranglehold of smuggling and corruption?

2026-06-23 03:52

Behind the walls of ports and border crossings - Will the rotation movement succeed in breaking the stranglehold of smuggling and corruptionSadiq Al-Azraqi
The issue of border crossings in Iraq is a complex and sensitive one. The delay in implementing job rotation procedures (the periodic transfer of employees and officers) is due to the entanglement of interests and influence. Border crossings have always been areas of influence for political parties and armed groups that impose their control over the movement of goods and smuggling, making it difficult to make comprehensive rotation decisions without facing political pressure or direct obstruction of this decision.

The General Authority of Customs in Iraq says that it has completed the process of transferring, dismissing and rotating the directors of customs centers and their deputies, which came under the directives of Prime Minister Ali al-Zubaidi, including rotating all Read more…

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Iraqi Electricity Ministry grants broad powers to general managers and branch managers to address peak summer demand

Iraqi Electricity Ministry grants broad powers to general managers and branch managers to address peak summer demand

2026-06-23

Iraqi Electricity Ministry grants broad powers to general managers and branch managers to address peak summer demandShafaq News – Baghdad
The Iraqi Ministry of Electricity issued an extensive ministerial order that included granting exceptional financial and technical powers to the general managers and branch managers in the governorates, with the aim of addressing bottlenecks in the transmission and distribution networks and maintaining production stations during the current summer.

According to the document issued by the Ministry’s Administrative Department, which was obtained by Shafaq News Agency, the decisions were based on Cabinet Resolutions No. (90) of 2009 and No. (286) of 2026, and with the approval of the Minister of Electricity to ensure the stability of the national grid.

Branch managers’ powers and the sacred exception: Read more…

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Following a US decision, Baghdad announces the dismissal of a lawsuit against Iraqi companies, avoiding the payment of $53 million.

Following a US decision, Baghdad announces the dismissal of a lawsuit against Iraqi companies, avoiding the payment of $53 million.

2026-06-23

Following a US decision Baghdad announces the dismissal of a lawsuit against Iraqi companies avoiding the payment of 53 millionShafaq News – Baghdad
The Iraqi Ministry of Justice announced on Tuesday that it had dismissed a lawsuit filed by the US Supreme Court against companies affiliated with the Ministry of Industry and Minerals, saving the country from paying $53 million.

The ministry confirmed, in a statement received by Shafaq News Agency, that a final and binding ruling was issued by the US Federal Supreme Court dismissing the lawsuit filed by a Jordanian company against a number of companies affiliated with the Ministry of Industry and Minerals, which included Read more…

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Satanic contracts in the Ministry of Industry… How did the Sudanese government mortgage the wealth of future generations?

Satanic contracts in the Ministry of Industry… How did the Sudanese government mortgage the wealth of future generations?

6-22-2026

Satanic contracts in the Ministry of Industry... How did the Sudanese government mortgage the wealth of future generationsInformation / Special..
Yasser Al-Husseini, the former Vice Chairman of the Parliamentary Committee on Economy, Industry and Trade, revealed on Monday suspicions of massive financial and strategic waste in joint operating contracts in the Ministry of Industry and Minerals, describing them as “contracts of submission” that aimed to control the wealth of future generations.

Al-Husseini told Al-Maalouma that “observations and doubts surround the joint operating contracts within the corridors of the Ministry of Industry, specifically those related to the General Company for Al-Mishraq Sulfur and the General Company for Phosphates.” Read more…

Be the first to comment - What do you think?  Posted by MDV - June 22, 2026 at 8:14 am

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Oil prices fell amid expectations of increased Iranian and Iraqi supplies.

Oil prices fell amid expectations of increased Iranian and Iraqi supplies.

6-22-2026

Oil prices fell amid expectations of increased Iranian and Iraqi suppliesInformation / Follow-up
Global oil prices fell on Monday following the conclusion of the first round of high-level talks between the United States and Iran in Switzerland, amid signs of progress in understandings related to the energy sector and Iranian oil exports, coinciding with Iraq’s announcement of plans to increase its crude production. Read more…

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Al-Asadi: The continuation of acting ministers hinders the completion of the government cabinet.

Al-Asadi: The continuation of acting ministers hinders the completion of the government cabinet.

6-22-2026

Al-Asadi - The continuation of acting ministers hinders the completion of the government cabinetInformation/Baghdad…
Haider al-Asadi, a member of the Azm Alliance, stressed on Monday the importance of expediting the completion of the remaining ministerial cabinet, noting that some blocs have a desire to change the proposed names in order to accelerate the resolution of ministerial portfolios.

Al-Asadi told Al-Maalouma that “there is an urgent need to expedite the completion of the government formation process and finalize the selection of candidates for the nine remaining Read more…

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Al-Shar’a rules out an American withdrawal: “They will leave through the door and return through the window.”

Al-Shar’a rules out an American withdrawal: “They will leave through the door and return through the window.”

6-22-2026

Al-Shara rules out an American withdrawal - They will leave through the door and return through the windowInformation/Baghdad…
Political analyst Atheer Al-Sharaa ruled out on Monday the withdrawal of US forces from Iraq next September, noting that the US forces will leave through the door and return through the window, in light of the developments in the region and the New Middle East project.

Al-Shara’ told Al-Maalouma, “There is an agreement signed for the American military withdrawal from Iraq next September, but this withdrawal means the end of the American project in Iraq.”

He added that “the United States does not want to get away from Iraq, as withdrawing its forces Read more…

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Continued US presence: Washington draws up a new map and prepares its dictates for the next phase in Iraq.

Continued US presence: Washington draws up a new map and prepares its dictates for the next phase in Iraq.

6-22-2026

Continued US presence - Washington draws up a new map and prepares its dictates for the next phase in IraqThe situation appears more complex than what is being discussed in political circles, as evidence suggests a continued American presence in Iraq, particularly on the military front, amidst ongoing regional developments that have negatively impacted Iraq. The withdrawal of US forces in September is now considered unlikely, especially given the escalating warnings surrounding Prime Minister Ali Abdullah Saleh’s visit to Washington and the potential imposition of dictates by the US administration to serve its interests in Iraq. These dictates aim to ensure the implementation of US objectives related to the Popular Mobilization Forces (PMF), foreign relations, and economic matters, which the US considers Read more…

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Deputy Prime Ministers excluded from consideration… Al-Fayez clarifies priorities for the next phase

Deputy Prime Ministers excluded from consideration… Al-Fayez clarifies priorities for the next phase

6-22-2026

Deputy Prime Ministers excluded from consideration... Al-Fayez clarifies priorities for the next phaseThe head of the Tasmeem parliamentary bloc, MP Amer al-Fayez, confirmed on Monday that completing the cabinet and discussing several important laws carried over from the previous session are among the priorities of the upcoming legislative term. He also ruled out the possibility of appointing deputy prime ministers.
Al-Fayez told Al-Maalomah News Agency that “the recent meeting of the leaders of the Coordination Framework forces definitively resolved the issue of completing the cabinet,” indicating that “next week will see the scheduling of an extraordinary session to vote Read more…

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Al-Hamami sets date for vote on pending ministerial portfolios

Al-Hamami sets date for vote on pending ministerial portfolios

6-22-2026

Al-Hamami sets date for vote on pending ministerial portfoliosInformation/Baghdad…
Former MP Arif al-Hamami confirmed on Monday that the formation of Ali al-Zaidi’s cabinet will undoubtedly be completed during the month of July.
Speaking to Al-Maalouma, al-Hamami said, “The number of ministerial portfolios that the Iraqi Parliament did not vote on during the session to approve Ali al-Zaidi’s government reached nine, including key sovereign ministries such as Defense, Interior, and Planning.”
He explained that “all indicators point to a political agreement to finalize Read more…

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