Parliamentary Legal Committee: Giving up Khor Abdullah would destroy the nation’s interests.

Parliamentary Legal Committee: Giving up Khor Abdullah would destroy the nation’s interests.

7-23-2025

Information/Exclusive:
Parliamentary Legal Committee Chairman Mohammed Anouz affirmed on Wednesday that relinquishing the Khor Abdullah port would undermine Iraq’s interests, noting that the issue poses a strategic threat to the country’s economic and Read more…

Al-Sudani’s office publishes new details of the phone call with the US Secretary of State.

Al-Sudani’s office publishes new details of the phone call with the US Secretary of State.

2025-07-23 01:23

Shafaq News – Baghdad
The Iraqi government released new details on Wednesday regarding the phone call between Prime Minister Mohammed Shia al-Sudani and US Secretary of State Marco Rubio.

The office stated in a statement received by Shafaq News Agency that “Al-Sudani received a phone call from Rubio, during which they Read more…

The Coordination Framework affirms its full support for the Baghdad-Erbil agreement on financial and oil issues.

The Coordination Framework affirms its full support for the Baghdad-Erbil agreement on financial and oil issues.

2025-07-23 03:41

Shafaq News – Baghdad
The Coordination Framework, which brings together Iraq’s ruling Shiite political forces, affirmed its full support on Wednesday for the recent agreement between Baghdad and Erbil regarding financial and oil issues between Read more…

The Kurdistan Regional Government announces its commitment to the agreement signed with Baghdad and calls on the latter to comply.

The Kurdistan Regional Government announces its commitment to the agreement signed with Baghdad and calls on the latter to comply.

2025-07-23 06:13

Shafaq News – Erbil
The Kurdistan Regional Government (KRG) affirmed on Wednesday its commitment to the terms of the agreement signed with the federal government, called on the latter to adhere to it, and confirmed that it had submitted salary lists with complete transparency.

The regional government said in a statement Read more…

The Ministry of Planning announces the implementation of a tracking system for electrical goods and cigarettes.

The Ministry of Planning announces the implementation of a tracking system for electrical goods and cigarettes.

2025-07-23

The Ministry of Planning announced, today, Wednesday, the commencement of implementing the tracking system for electrical goods and cigarettes, as the Ministry stated, in a statement, that “the Central Organization for Standardization and Quality Control in the Ministry announces to all suppliers and importers of electrical goods and cigarettes to Iraq and the inspection companies Read more…

Iraqi Dinar Guru opinions 7-22-2025

Iraqi Dinar Guru opinions 7-22-2025

7-22-2025 Newshound Guru Samson Article “The US has stopped sending cash dollars to Iraq. Is this the beginning of a blockade?” Quote “Private sources confirmed that the United States has decided to completely halt cash dollar shipments to Iraq…” Read more…

Due to corruption, there are warnings of the collapse of the understandings between Baghdad and Erbil.

Due to corruption, there are warnings of the collapse of the understandings between Baghdad and Erbil.

7-22-2025

Information / Report:
Despite years of signing numerous political and financial agreements between Baghdad and Erbil, the Kurdistan Regional Government’s political parties continue to practice procrastination and evasion in fulfilling their constitutional obligations toward the federal government. It has become clear Read more…

No tables or accounts…the budget awaits a missing signature from the region.

No tables or accounts…the budget awaits a missing signature from the region.

7-22-2025

Information / Report:
In light of the increasing political and financial complexities, it is unlikely that the draft state budget and its detailed schedules will reach the Council of Representatives at the present time, according to informed parliamentary sources. These sources indicate that there are still major obstacles Read more…

After the termination of a half-century-old agreement, Türkiye begins comprehensive oil negotiations with Iraq.

After the termination of a half-century-old agreement, Türkiye begins comprehensive oil negotiations with Iraq.

2025-07-22 08:36

Shafaq News – Ankara
Turkish media reported on Tuesday that Ankara has begun negotiations with Baghdad to reach a more comprehensive agreement for the transport of Iraqi oil.

According to Anadolu Agency, the new agreement aims to establish a comprehensive cooperation mechanism with a broader perspective Read more…

Parliamentary Finance Committee rules out approving 2025 budget

Parliamentary Finance Committee rules out approving 2025 budget

7-22-2025

Al-Maalouma / Special…
Member of the Parliamentary Finance Committee, Hussein Mounes, ruled out on Tuesday the possibility of the draft state budget and its detailed schedules reaching Parliament at the present time, pointing to the existence of major obstacles Read more…

Political faction: Al-Sudani decided to finance Kurdistan’s salaries for May and June, contingent on oil deliveries.

Political faction: Al-Sudani decided to finance Kurdistan’s salaries for May and June, contingent on oil deliveries.

2025-07-22 01:03

Shafaq News – Sulaymaniyah
Ali Hama Saleh, the rapporteur of the “National Position” movement in Kurdistan, stated on Tuesday that federal Prime Minister Mohammed Shia al-Sudani decided to fund the salaries of employees in the region for the month of May. He explained that salaries and financial dues for the following month are contingent on Read more…

“Money, Oil, and Mismanagement”… Baghdad Receives International Warnings

“Money, Oil, and Mismanagement”… Baghdad Receives International Warnings

2025-07-22 03:30

Shafaq News – Baghdad
The decline in global oil prices has negatively impacted rentier states, including Iraq, which relies primarily on oil imports to support the country’s general budget. This has prompted international organizations, economic agencies, and experts to warn Baghdad of major problems and propose solutions that must be implemented Read more…

The Central Bank of Iraq sold approximately $21 billion in the first quarter of 2025.

The Central Bank of Iraq sold approximately $21 billion in the first quarter of 2025.

2025-07-22 04:23

Shafaq News – Baghdad
The Central Bank of Iraq announced on Tuesday that it purchased more than $16.5 billion from the federal Ministry of Finance in the first quarter of 2025.

The bank stated in official statistics reviewed by Shafaq News Agency that “the Central Bank purchased $16.593 billion in foreign currency from Read more…

Signing a contract with the American company Schlumberger to develop a gas field in Anbar.

Signing a contract with the American company Schlumberger to develop a gas field in Anbar.

2025-07-22 05:33

Shafaq News – Baghdad
The Iraqi Ministry of Oil signed a contract on Tuesday with US company Schlumberger to develop production at the Akkas gas field in Anbar Governorate.

Deputy Prime Minister for Energy Affairs and Minister of Read more…

Iraqi Dinar Guru opinions 7-21-2025

Iraqi Dinar Guru opinions 7-21-2025

7-21-2025 Intel Guru Frank26 The process of the monetary reform is moving along very nicely. There’s no delays. There’s no disruptions. Everything is agreed upon. Things are just moving. That’s all. When you play chess, you already know you won the game five moves before it even happens. We know everything’s been approved. The last final game is… checkmate. That is what they’re doing. Read more…

Digital banks in Iraq: the birth of a new financial era

Digital banks in Iraq: the birth of a new financial era

07/21/2025

In conjunction with the Central Bank of Iraq’s efforts to enhance financial inclusion and modernize the banking system, a strategic initiative was launched. This initiative includes developing an instant payments project and issuing local cards, in addition to issuing Read more…

The government confirms its commitment to fulfilling its financial obligations.

The government confirms its commitment to fulfilling its financial obligations.

07/21/2025

A government advisor confirmed the state’s commitment to fulfilling its financial pledges, despite the challenges represented by the delay in implementing the article related to the oil agreement with the Kurdistan Region, as well as the repercussions of wars and fluctuations in oil prices. Meanwhile, the House of Representatives Read more…

Why did Türkiye decide to terminate the crude oil pipeline agreement with Iraq?

Why did Türkiye decide to terminate the crude oil pipeline agreement with Iraq?

2025-07-21 | 04:56

Alsumaria News- Economy revealed by the economic expert Nabil Al-Marsoumi Today, Monday, the possible reasons for the decision Türkiye By terminating the crude oil pipeline agreement with Iraq.

Al-Marsoumi said that Türkiye I decided to terminate the crude oil pipeline agreement with Iraq, based on Article 11 of the Agreement as amended Read more…

Parliamentarian: The budget will not reach Parliament, and the government is still funding 2023 projects.

Parliamentarian: The budget will not reach Parliament, and the government is still funding 2023 projects.

7-21-2025

Al-Maalouma / Special..
Representative Basem Al-Gharabi confirmed on Monday that the draft budget law for 2025 may not reach parliament at the present time, pointing to the financial problems facing ministries, especially in the area of investment financing.
Al-Gharabi said in a statement to Al-Maalouma Agency, “The current financial situation does not allow for the submission of budget tables Read more…

Erdogan ends 52-year oil deal with Iraq

Erdogan ends 52-year oil deal with Iraq

2025-07-21

Shafaq News – Ankara
Turkish President Recep Tayyip Erdoğan signed a decree on Monday to terminate a historic oil agreement between Türkiye and Iraq after 52 years of implementation.

Turkish media reported that Erdogan signed an official decree terminating the crude oil pipeline agreement concluded between Turkey and Iraq Read more…