Iraq: Exports and imports decline in the second quarter of 2025

Iraq: Exports and imports decline in the second quarter of 2025

2025-09-22 02:07

Shafaq News – Baghdad
The Central Bank of Iraq announced on Monday a decline in exports and imports in Iraq during the second quarter of 2025.

The bank stated, in statistics reviewed Read more…

Baghdad and Erbil sign oil agreement; exports to resume within two days

Baghdad and Erbil sign oil agreement; exports to resume within two days

2025-09-22 05:32

Shafaq News – Kirkuk/Erbil
The Kurdistan Regional Government’s Ministry of Natural Resources, the Iraqi Ministry of Oil, and oil companies signed a tripartite agreement paving the way for the resumption of oil exports from the Kurdistan Region via the Ceyhan pipeline.

According to sources who spoke to Shafaq News Agency, the delegation arrived at the direct request of Read more…

Parliament approves suspension of “Made in Iraq” bill

Parliament approves suspension of “Made in Iraq” bill

2025-09-22 06:42

Shafaq News – Baghdad
Deputy Chairman of the Parliamentary Investment Committee, Hussein Al-Saabari, acknowledged on Monday that some political blocs were obstructing the passage of the Industrial Investment Law in Parliament, while reviewing some of its provisions.

Al-Sa’bari told Shafaq News Agency, “The Industrial Investment Law is one of the most important laws in the House of Representatives. Read more…

The Ministerial Council discusses maximizing non-oil revenues and supporting the general budget.

The Ministerial Council discusses maximizing non-oil revenues and supporting the general budget.

2025-09-22

The Ministerial Council for the Economy discussed, on Monday, proposals to maximize non-oil revenues and explore ways to support the state’s general budget, in addition to establishing a commercial zone for agricultural products and agricultural supplies to support agriculture and farmers. The media office of the Ministerial Council for the Economy stated in a statement that “Deputy Prime Read more…

The Prime Minister arrives in Babylon to declare the province the industrial capital of Iraq.

The Prime Minister arrives in Babylon to declare the province the industrial capital of Iraq.

2025-09-22

Prime Minister Mohammed Shia al-Sudani visited Babil Governorate on Monday. The Prime Minister’s media office stated in a statement that “Prime Minister Mohammed Shia al-Sudani arrived in Babil to declare the governorate the industrial capital of Iraq.” The statement added Read more…

Iraqi Dinar Guru opinions 9-21-2025

Iraqi Dinar Guru opinions 9-21-2025

9-21-2025 Newshound Guru Militia Man They’re telling us in so many words and so many articles (without always saying it but invoking it), they’re definitely telling us Iraq is integrating into the global financial system. The evidence is everywhere… Read more…

Al-Maliki warns of a “grave danger” from postponing the elections: By voting, we close the doors to dictatorship and sectarianism.

Al-Maliki warns of a “grave danger” from postponing the elections: By voting, we close the doors to dictatorship and sectarianism.

2025-09-21 10:00

Shafaq News – Baghdad
State of Law Coalition leader Nouri al-Maliki warned Sunday evening of a “grave danger” if parliamentary elections are not held on schedule. While asserting that ballot boxes will close the door to dictatorship, racism, sectarianism, and marginalization, he noted that voters’ votes Read more…

A hint of a return to the elections… A source close to him said: This is what al-Sadr intended in his latest message.

A hint of a return to the elections… A source close to him said: This is what al-Sadr intended in his latest message.

2025-09-21 08:40

Shafaq News – Baghdad
A source close to Shiite National Movement leader Muqtada al-Sadr revealed on Sunday the contents of the movement’s leader’s message regarding boycotting the parliamentary elections, hinting at a return to participation.

The source told Shafaq News Agency, “Al-Sadr and the Sadrists emphasize that Read more…

Al-Salami: The interrogation of the Prime Minister and the Minister of Finance is legal and serves the budget’s interests.

Al-Salami: The interrogation of the Prime Minister and the Minister of Finance is legal and serves the budget’s interests.

9-21-2025

Al-Maalouma/Baghdad..
MP Haider Al-Salami confirmed on Sunday that the demand to question the Prime Minister and the Minister of Finance is legal and comes for important reasons related to the budget file.
Al-Salami told Al-Maalouma, “The request to question the Prime Minister and the Minister of Finance does not carry any political dimension, but rather Read more…

A government of shocks, not services…continued failure and declining public confidence

A government of shocks, not services…continued failure and declining public confidence

9-21-2025

Information / Report..
Despite the success of state media in polishing the image of Prime Minister Mohammed Shia al-Sudani’s government, the service and political reality reflects a completely different picture, according to observers who believe that the current government is heading towards “failure on essential issues,” amid signs of Read more…

After months of controversy, Baghdad and Erbil are on the verge of a comprehensive agreement to end the oil and salary crisis.

After months of controversy, Baghdad and Erbil are on the verge of a comprehensive agreement to end the oil and salary crisis.

9-21-2025

Al-Maalouma/Exclusive..
Mahmoud Khoshnaw, a leader in the Patriotic Union of Kurdistan (PUK), confirmed on Sunday that the dialogues between the Kurdistan Regional Government (KRG) and the federal government have made significant progress on the issue of oil and non-oil revenues, noting that there has been noticeable progress Read more…

A representative calls on the judiciary to investigate Al-Miyahi’s accusations against Al-Sudani.

A representative calls on the judiciary to investigate Al-Miyahi’s accusations against Al-Sudani.

9-21-2025

Al-Maalouma/Baghdad..
Member of Parliament Raed Al-Maliki called on the judiciary on Sunday to open an urgent investigation into the accusations made by the former governor of Wasit, Mohammed Jamil Al-Mayahhi, against Prime Minister Mohammed Shia Al-Sudani, regarding the exploitation of Read more…

Al-Jawahiri: Iraq needs to increase its oil production capacity despite OPEC decisions.

Al-Jawahiri: Iraq needs to increase its oil production capacity despite OPEC decisions.

9-21-2025

Al-Maalouma/Exclusive…
Oil expert Hamza Al-Jawahiri stressed on Sunday that the next phase in Iraq requires working to increase oil production capacity, in line with economic development plans and the growing demand for energy sources, both domestically and internationally.
Al-Jawahiri told Al-Maalouma News Agency that “Iraq continues its full commitment to OPEC decisions Read more…

Iranian currency falls to 105 under snapback

Iranian currency falls to 105 under snapback

2025-09-21 01:11

Shafaq News – Tehran
The Iranian currency fell again on Sunday, breaching 105,000 tomans to the dollar on the unofficial market, a record low reflecting the increasing pressure on the Iranian economy amid the reimposition of international sanctions.

According to platforms that track exchange rates, the US dollar in cash in Tehran was trading at approximately Read more…

Iraqi Parliament: SOMO has agreed with Türkiye to resume Kurdistan Region oil exports.

Iraqi Parliament: SOMO has agreed with Türkiye to resume Kurdistan Region oil exports.

2025-09-21 02:56

Shafaq News – Kirkuk
Shakhwan Abdullah, Deputy Speaker of the Iraqi Parliament, stated on Sunday that the national oil company SOMO had reached an agreement with the Turkish side to resume oil exports from the Kurdistan Region after a halt that lasted more than two years.

In a statement to reporters today, Abdullah said that the regional government had Read more…

Iraq: Billions of dollars drop in trade balance, oil derivative exports rise

Iraq: Billions of dollars drop in trade balance, oil derivative exports rise

2025-09-21 04:04

Shafaq News – Baghdad
The Iraq Future Foundation for Economic Studies and Consultations reported on Sunday that the country’s trade balance declined to a surplus of approximately $6 billion during the first half of this year, compared to last year.

The institution stated in a report published today that Iraq’s trade balance Read more…

Iraq is about to open one of the largest renewable energy projects in the region.

Iraq is about to open one of the largest renewable energy projects in the region.

2025-09-21 05:10

Shafaq News – Baghdad
Iraqi Electricity Minister Ziyad Ali Fadhil announced on Sunday that the ministry will soon launch the “Shams Basra” clean energy project.

This came in a speech he delivered during the inauguration of the first phase of the Karbala Solar Power Plant project, the first of its kind in Iraq, in the presence of Prime Minister Read more…

A close associate of al-Sadr: The real alternative to boycotting the elections is to replace the current faces “without a trace”

A close associate of al-Sadr: The real alternative to boycotting the elections is to replace the current faces “without a trace”

2025-09-21 06:49

Saleh Mohammed al-Iraqi, a close associate of Shiite National Movement leader Muqtada al-Sadr, revealed on Sunday that al-Sadr is demanding comprehensive reform and the replacement of senior officials in power in exchange for ending his boycott of the upcoming parliamentary elections Read more…

Trump’s Call to End Quarterly Reports: Implications for the Global Economy

Trump’s Call to End Quarterly Reports: Implications for the Global Economy

9-21-2025

Researcher Shaza Khalil*
In a recent post on Truth Social, US President Donald Trump proposed ending the decades-old requirement for public companies in the United States to file their financial reports every three months. Instead, he called for semi-annual reporting, arguing that this step would save money and reduce “short-term thinking” among executives. Trump asserted that US companies are too focused on meeting immediate investor demands, while countries like China take a long-term approach to business.

Why does it matter in the United States? Read more…

SOMO reveals increase in revenues from oil exports

SOMO reveals increase in revenues from oil exports

2025-09-21

The State Oil Marketing Organization (SOMO) announced on Sunday that it had achieved an increase in its revenues after the voluntary cut was ended. The company’s general manager, Ali Nizar Al-Shatri, told the official news agency that “Iraq has achieved an increase in its oil exports after the voluntary cut was gradually ended by the OPEC Read more…