The Iraqi Trade Bank announces it will continue providing services to customers during official holidays.
10-24-2026
The Trade Bank of Iraq announced on Saturday that it will continue to provide services to customers during official holidays. Aqeel Al-Shuwaili, the media expert at the Trade Bank of Iraq, stated in a press release that “the bank will continue to operate during official holidays, in accordance with the directives of the Central Bank of Iraq, with the aim of ensuring that customer transactions are completed as quickly as possible Read more…
Oil revenues exceed $37 billion
10-24-2026
The Eco Iraq Observatory announced that the value of Iraqi crude oil exports reached approximately $37.39 billion, compared to the export of 533.46 million barrels, including 25 million barrels from the Kurdistan Region.
The observatory said in a press release that an official document issued by SOMO and addressed to parliament included data on oil exports and their financial amounts from January to September 2026. Read more…
Director General of Ports: Work on the breakwater at Al-Faw Port has been completed 100%
10-24-2026
The Director General of the General Company for Iraqi Ports, Abdullah Ati Abdullah, announced on Saturday that the work on the breakwater at the Faw Port has been completed by 100%. Abdullah stated in a press conference that “advanced completion rates have been achieved in the main projects of the Grand Faw Port,” confirming that “the work on the breakwater is 100% complete, the submerged tunnel has reached 98% completion, and the Read more…
Iraqi Dinar Guru opinions 10-23-2026
10-23-2026 Newshound/Intel Guru Mnt Goat The new 1520 is to help control or get rid of the parallel market, something that the IMF has consulted with Iraq just recently on again. But why did the IMF come out now at this time and recommend this action of a devaluation of the dinar? This devaluation is not loss hope for us and the reinstatement. Actually, it is a bright side if your glass is half full…There are…basic reasons…1) An attempt to create revenue out of thin air by devaluing the dinar since Iraq had lost nearly $60 billion from when the closing of the Strait of Hormuz…2) Trying to prepare for the removing of the zeros just as they said would most likely begin in the first quarter of 2027…3) The CBI wants to collect these stashes of cash outside the banking system while executing the project to delete the zeros… Read more…
Iraq enlists the help of “giants” to secure new oil export routes
2026-10-23
Shafaq News – Special Translation
Baghdad seeks to strengthen its economic and energy sector ties with Washington, driven by economic and strategic needs that go beyond normalizing political relations, at a time when the American companies Chevron and ConocoPhillips are moving to expand their presence in the Iraqi oil sector, through various investment paths that include producing fields and export infrastructure. Read more…
Today, a delegation from Kurdistan arrives in Baghdad to discuss the region’s entitlements in the 2027 budget.
2026-10-23
Shafaq News – Erbil
The Department of Media and Communication in the Kurdistan Regional Government announced on Friday that a negotiating delegation from the region is heading to Baghdad to discuss financial entitlements in the 2027 budget.
The department said in a statement received by Shafaq News Agency, “As part of the ongoing negotiations between the Kurdistan Regional Government and the Federal Government, regarding Read more…
Trump: We will keep Iran completely paralyzed.
2026-10-23
Shafaq News – Washington
US President Donald Trump asserted on Friday that Washington would keep Iran in a state of complete paralysis, as it is currently, adding, “We could finish the Iran thing very quickly; it’s a failed state.”
Trump added in a press statement: “All the oil we want goes through the Strait of Hormuz and Iran is under a naval blockade,” continuing: “We control the Strait of Hormuz and we can control all of Iran and they don’t have any money.” Read more…
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Prime Minister Ali Faleh al-Zaidi in a special interview on Al-Iraqiya News
10-23-2026
The program (Special Meeting) will host Prime Minister Ali Faleh Al-Zaidi, in a dialogue that addresses the most prominent issues of the next stage, and to talk about restricting weapons to the state, the exchange rate and its repercussions on the market, the livelihood of citizens, the housing file, and the course of government reforms. The meeting will be tonight at nine o’clock on the Iraqi Read more…
Unannounced contacts between al-Zaydi and al-Julani ahead of an expected visit to Damascus
10-23-2026
Information/Anbar
An official source in Anbar province revealed on Friday that Prime Minister Ali Faleh al-Zaidi had made unannounced contacts with al-Julani, ahead of an expected visit to Syria, amid talk of understandings and agreements whose details have not yet been clarified.
The source told Al-Maalomah News Agency that “Al-Zaydi held intensive talks with Al-Julani to discuss possible positions and understandings,” noting that Read more…
A burdensome budget even before its enactment… Parliamentary criticism of the focus on expenditures, employment, and repetitive clauses
10-23-2026
Information/Report…
The government’s talk and actions regarding the budget, and its move towards raising the dollar exchange rate to secure and increase revenues, have been met with considerable criticism from various popular, political, economic, and especially parliamentary circles. This approach is no different from its predecessors in its focus on securing operational expenses and hiring, which increases the financial burden on the budget and raises costs beyond expectations. There are fears that the government will resort to raising Read more…
A government source confirms the reopening of the Al-Shaib border crossing
10-23-2026
Information/Baghdad…
A government source revealed on Friday the truth about the reopening of the Al-Shaib border crossing with Iran after its closure for more than 72 hours.
The source explained to Al-Maalomah that “the news circulating on some websites and social media platforms about the reopening of the Al-Shaib border crossing between Iraq and Iran is inaccurate, and it remains closed for more than 72 hours.”
He pointed out that “the closure decision came directly from the central Read more…
What will the budget look like if the price of a barrel of oil is calculated at more than $60?
10-23-2026
Information/Baghdad…
Economic expert Dr. Safwan Qusay explained what could be achieved in the budget if the price of a barrel of oil were calculated at more than $60.
Qusay told Al-Maalouma, “The minimum price of a barrel of oil in the budget should not fall below $60. With exports exceeding 3 million barrels per day, this would be sufficient to cover public spending on items governed by permanent laws, such as salaries, welfare, pensions, and the food basket.” Read more…
Finance Ministry: Applications for Rafidain Bank loans via “Super Key” will begin tomorrow.
2026-10-23
Shafaq News – Baghdad
The Iraqi Ministry of Finance announced on Friday that Al-Rafidain Bank has completed the technical procedures and electronic linking for the loan service via the “Super Key” application.
The ministry explained in a statement received by Shafaq News Agency that the application link will be activated through the bank’s icon tomorrow, Saturday, for civilian and military employees and retirees whose salaries are deposited with the bank and who hold its cards. Read more…
Between transgression and obstruction: Iraq’s constitution faces amendment.
2026-10-23
Shafaq News – Baghdad
Legal experts, analysts, and politicians agree that the stagnation of the Iraqi constitution issued in 2005 and its complex procedural conditions stand as an obstacle to resolving constitutional amendments and overcoming the recurring political deadlock, amid a heated division over the priority of amending the problematic texts or the commitment of the influential forces to implement the existing and suspended provisions.
The constitutional amendment crisis was renewed following an explicit call made by the head of the Supreme Judicial Council, Judge Faiq Zaidan, last Thursday, in which he demanded a review of constitutional provisions Read more…
Rafidain Bank launches loans for employees and retirees up to 10 million dinars
2026-10-23
Shafaq News – Baghdad
An informed source revealed on Friday that Rafidain Bank has launched loans for employees and retirees in amounts of 5 million and 10 million dinars, with an annual interest rate of 6%, to be repaid over five years.
The source explained in an interview with Shafaq News Agency that applications for loans are available electronically through the “Super Key” application, as part of the move towards enhancing digital banking services and simplifying procedures Read more…
40 billion dinars will restore the Kirkuk railway line to the Iraqi railway network.
2026-10-23
Shafaq News – Kirkuk
Ali Hamadi, the advisor to the governor of Kirkuk for investment and reconstruction affairs, revealed on Friday that the railway line linking the governorate with Salah al-Din needs about 40 billion Iraqi dinars to rehabilitate it so that it can be used to transport goods and oil derivatives.
Hamadi told Shafaq News Agency that “Kirkuk is one of the important oil-producing governorates on the production and export map, and that restoring the railway line between it and Read more…
Cooperation instead of deterrence: An American website suggests including Iraq and Iran in the “Mecca Alliance”
2026-10-23
Shafaq News – Special Translation
The inclusion of Iraq, Iran, and Kuwait in the recently announced “Mecca Alliance” between Saudi Arabia, Turkey, and Pakistan provides a means to avoid pushing regional states into mutual retaliation for attacks from abroad. This arrangement would better protect approximately 55% of the world’s oil reserves and infrastructure in the region than the idea of military deterrence alone, according to the American website “ Eurasia Review ”. Read more…
Iraqi Dinar Guru opinions 10-22-2026
10-22-2026 Newshound Guru Jeff The US Treasury asked Iraq to secure their Iranian borders, not because of military tensions, strongly suggesting they’re about to change the rate very soon…The only reason you’d close the borders…is to prevent Iraq’s new valuable dinar from getting stolen from banks and ATMs and taken back across the border. Read more…
The Central Bank of Iraq decides to prohibit the International Development Bank from dealing in dollars.
2026-10-22
Shafaq News – Baghdad
On Thursday, the Central Bank of Iraq decided to prohibit the International Development Bank from dealing in US dollars “in any way whatsoever.”
This came according to a document issued by the “Banking Supervision” department of the Central Bank, which was received by Shafaq News Agency.
The US Treasury Department announced last Thursday new sanctions Read more…
Trump: Iran is fabricating fake attacks in Hormuz to raise oil prices
2026-10-22
Shafaq News – Washington
US President Donald Trump asserted on Thursday that Iran is doing everything it can to raise oil prices before the US midterm elections by fabricating fake attacks, even though the amount of oil passing through the Strait of Hormuz now exceeds what it was even before the outbreak of the conflict, as he described it. Read more…
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