Iraq to Saudi Arabia: We will not allow our territory to be used against you.
2026-10-22
Shafaq News – Riyadh
The Saudi Ministry of Foreign Affairs announced on Thursday that its minister, Faisal bin Farhan, received a call from Iraqi Foreign Minister Fuad Hussein, in which he affirmed Iraq’s firm position of not allowing its territory to be used as a launching pad for any attacks that threaten the security of Saudi Arabia and the countries of the region. Read more…
Parliamentary calls to track corruption funds and recover those smuggled abroad
10-22-2026
Information/Baghdad…
MP Ahmed Al-Shammari called for legislation to pursue and track funds recovered from corruption crimes, in addition to other laws to recover and retrieve funds in accordance with the “Where did you get this?” law and bribery crimes.
Al-Shammari told Al-Maalouma, “There are parliamentary demands and calls that emphasize the need to legislate a law to recover the proceeds of corruption, Read more…
Al-Zidi calls on European companies to take advantage of the investment opportunities available in Iraq.
2026-10-22
Shafaq News – Baghdad
Prime Minister Ali Faleh al-Zaidi called on European companies on Thursday to take advantage of the investment opportunities available in Iraq, given the facilities provided by the government to investors, as well as the availability of labor and raw materials for many industries, noting that the Development Road project will represent a factor in strengthening economic relations between East and West. Read more…
New US sanctions target Iran’s “shadow fleet” networks (update)
2026-10-22
Shafaq News – Washington
The US Treasury Department announced on Wednesday evening a new package of sanctions targeting international networks supporting Iran’s “shadow fleet,” including 5 individuals and 4 companies, including law firms, legal services offices, and shipping agents, as well as 9 commercial vessels, as part of a broad campaign known as “Operation Economic Paragon.” Read more…
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Basra Oil Company signs memorandum of understanding with US’s ExxonMobil
2026-10-22
Shafaq News – Baghdad
The Ministry of Oil announced on Wednesday evening the signing of a memorandum of understanding between the Basra Oil Company and the American company ExxonMobil regarding the second phase of the use and investment of seawater.
Oil Minister Bassem al-Abadi said on the sidelines of the signing of the memorandum, according to a statement received by Shafaq News Agency, that the second phase project to use Read more…
US State Department to Shafaq News: Al-Zaidi must fulfill his promises to Trump
2026-10-22
Shafaq News – Washington
Mustafa Hashim
The US State Department confirmed on Wednesday that Washington expects Iraqi Prime Minister Ali Faleh al-Zaidi to fulfill the pledges he made to President Donald Trump during his visit to the United States last July, while accusing Iran of exploiting armed factions to plunder Iraqi resources and threaten their country’s sovereignty. Read more…
Musk threatens Democrats if they regain control of Congress
2026-10-22
Shafaq News – Washington
American billionaire Elon Musk, an ally of President Donald Trump, threatened on Thursday to go after the Democrats and expose those behind their actions if they regain control of Congress following the midterm elections scheduled for November 3.
Musk wrote on his X platform, commenting on a Politico report about Democrats’ plans to investigate his activities, saying: “He who lives by the sword, dies by the sword.” Read more…
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Iraq: Investment project with a capacity of 50 million standard cubic feet of raw gas nearing production
2026-10-22
Shafaq News – Baghdad
The Undersecretary of the Ministry of Oil for Gas Affairs, Izzat Saber Ismail, announced today, Thursday, that the completion rate of the accelerated Artawi gas field investment project (AG25) has reached 96%, stressing the importance of investing in associated gas and reducing its flaring to enhance fuel supplies for power generation stations.
The Undersecretary’s statements came on the sidelines of a field tour he conducted with the Director General Read more…
The Iraqi dinar is the second worst-performing global currency against the dollar since the beginning of 2026
2026-10-22
Shafaq News – Follow-up
The Iraqi dinar ranked second on the list of currencies that have declined the most against the US dollar since the beginning of 2026, with a decrease of 14.2%, according to data reported by Bloomberg, while the Libyan dinar topped the list with a decline of 15.6%.
Shafaq News Agency reviewed these data, which showed that the Turkish lira Read more…
Representative of the Iraqi Prime Minister at the Governance Forum: Digital transformation is one of the tools for reform
2026-10-22
Shafaq News – Baghdad
Youssef Khalaf, representative of Prime Minister Ali al-Zaidi, confirmed on Thursday that digital transformation is one of the government’s reform tools for providing services to citizens.
In a speech during the Governance Forum, which was attended by a correspondent from Shafaq News Agency, Khalaf said that one of the goals of the new government is “the economic empowerment of the country. Read more…
Iraq’s deposits rise to 103 trillion dinars, while monetary credit declines.
2026-10-22
Shafaq News – Baghdad
Economic indicators data issued by the Central Bank of Iraq on Thursday showed that total deposits in the banking system rose to 103.065 trillion dinars at the end of August 2026, compared to 101.008 trillion dinars at the end of July, with a monthly increase of 2.057 trillion dinars.
According to data seen by Shafaq News Agency, deposits have declined compared to the end of 2025, when they recorded 111.065 trillion dinars, a decrease of 8 trillion dinars, equivalent to about 7.2%. Read more…
The Minister of Communications reassures regarding Iran’s internet shutdown: We have alternative routes, and the cable cuts increase Iraq’s importance as a transit hub.
2026-10-22
Shafaq News – Baghdad
Communications Minister Mustafa Sand reassured the public on Thursday regarding reports and concerns about the potential targeting or cutting of submarine cables and internet lines through Iran or the Strait of Hormuz, stressing that Iraq has alternative international outlets that guarantee service stability and increase the country’s flexibility as a pivotal hub for internet (transit) capacity. Read more…
Iran: Dollar nears 274,000 tomans amid record inflation
2026-10-22
Shafaq News – Tehran
The Iranian toman continued its decline against the US dollar on Thursday, with the price of the US currency rising in the free market to about 274,000 tomans, amid continued economic pressures, US sanctions and worsening inflation rates.
According to a monitoring report by Shafaq News Agency, the selling price of the dollar during Thursday’s trading reached about 273,700 tomans, an increase of 3,900 tomans from the previous Read more…
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Iraq anticipates billions of dollars in revenue from the mobile phone market.
2026-10-22
Shafaq News – Baghdad
The head of Iraq’s Media and Communications Commission predicted on Thursday that annual revenues from the mobile phone and technology market would exceed $2.5 billion by 2027.
Baligh Abu Kalal told Shafaq News Agency that Iraq is expected to generate more than $2 billion annually from the mobile phone and information technology market starting in 2027. Read more…
Talabani: The failure to form a Kurdistan Regional Government has become a “black mark” and the international community is beginning to lose hope.
2026-10-22
Shafaq News – Raparin
The Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, described on Thursday the delay in forming the new regional government as a “black mark” on the democratic process, warning that partners and the international community are beginning to lose hope in achieving this goal.
Talabani said in a press statement he made while at the Independent Raparin Read more…
Baghdad and Erbil discuss road and rail routes for the “Development Road” within the Kurdistan Region
2026-10-22
Shafaq News – Baghdad
On Thursday, the Minister of Transport, Wahab Al-Hassani, met with the Minister of Transport and Communications in the Kurdistan Region of Iraq, Ano Jawhar Abdul-Masih. The two sides discussed a number of joint files, most notably the Development Road project and prospects for coordination between the ministry and the relevant authorities in the region.
A statement issued by the Iraqi Ministry of Transport indicated that the meeting addressed the general routes Read more…
The Iraqi Civil Aviation Authority grants “Fly Erbil” an air operator certificate
2026-10-22
Shafaq News – Erbil
Fly Erbil Airlines announced on Thursday that it had obtained an Air Operator Certificate (AOC) from the Iraqi Civil Aviation Authority, in a move it said paves the way for a new phase of development and expansion of its flight network.
The company stated in a statement received by Shafaq News Agency that obtaining the certificate came after years of work and efforts made by its management and staff in various Read more…
Washington is preparing to evacuate some of its embassy staff and their families from the Gulf states.
10-22-2026
Reuters reported, citing three US officials, that the US State Department is preparing to order the evacuation of some staff and their families from US embassies in the Gulf and several Middle Eastern countries. Two spokespeople, according to the agency, indicated that the decision is linked to the possibility of renewed fighting in the region, and in particular, there was talk of clashes involving the Ansar Allah movement (the Houthis).
The US Embassy in Riyadh also issued a warning today due to possible Houthi attacks on the kingdom, with two US Read more…
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The Media Authority warns against inciting violence and promoting weapons outside the framework of the state.
10-22-2026
The Media and Communications Commission warned on Thursday against inciting violence and promoting weapons outside the framework of the state. In a statement, the commission said that “freedom of opinion, expression and media work are rights guaranteed by the constitution and applicable laws, and that exercising them requires respecting the rights of others, public order and social peace. It is not permissible to use media platforms and digital platforms Read more…
Iraqi Dinar Guru opinions 10-21-2026
10-21-2026 Newshound Guru Jeff There’s some major things happening …There’s major urgency in Iraq. Banks are going to be open this Friday. That’s their holy day…They’re normally not open on Friday’s and they’re working overtime. Article: “Central Bank directs the Iraq Trade Bank and private banks to increase working hours and operate on holidays from October 21 to November 30 to execute external transfers. Read more…
