MP: 2027 budget to reach parliament mid-next month

MP: 2027 budget to reach parliament mid-next month

10-29-2026

Information/Special…
Member of Parliament, Rabie al-Moussawi, revealed today, Thursday, the expected date for sending the draft federal budget law for 2027 to Parliament. He indicated that parliamentary estimates suggest the financial tables and articles will arrive by the middle of next month, allowing for discussions to begin in Parliament. Read more…

The Finance Committee is reviewing the total public debt and loans within the 2027 budget.

The Finance Committee is reviewing the total public debt and loans within the 2027 budget.

10-29-2026

The Parliamentary Finance Committee discussed on Thursday the total public debt and loans included in the 2027 budget. In a statement received by Al-Maalomah News Agency, the committee said, “The committee discussed with the Director General of the Public Debt Department a number of files related to public debt and loans included in the draft federal budget law for the fiscal year 2027.” The statement added, “The committee discussed the total internal and external public debt, the total sovereign and non-sovereign guarantees Read more…

Officially, the Iraqi parliament postpones its session, and the blocs are moving towards resolving the committees in a “single package”.

Officially, the Iraqi parliament postpones its session, and the blocs are moving towards resolving the committees in a “single package”.

2026-10-29

Shafaq News – Baghdad
On Thursday, Ali Al-Azirjawi, a member of the State of Law Coalition, stated that the parliamentary blocs had requested the Iraqi Parliament’s leadership to postpone the session for two weeks in order to reach an understanding on the chairmanship of the parliamentary committees, stressing that there were political differences hindering their approval individually. Read more…

Kurdistan’s resources respond with 5 points to Ala Talabani: Our production is 255,000 barrels and our oil is under Baghdad’s supervision

Kurdistan’s resources respond with 5 points to Ala Talabani: Our production is 255,000 barrels and our oil is under Baghdad’s supervision

2026-10-29

Shafaq News – Erbil
The Ministry of Natural Resources in the Kurdistan Regional Government expressed on Thursday its categorical rejection of the “false, misleading and false” claims made by former Federal Parliament member Ala Talabani on the local satellite channel (Al-Oula), known for its hostile stances towards the Kurdistan Region, regarding oil production in the region, its exports and the international oil companies operating there. The Ministry denied accusations of oil smuggling operations from the region, and affirmed that the Federal Ministry of Oil oversees exports. Read more…

At a cost of 1.4 trillion dinars, the establishment of the “Basra Homeland City” residential project has been announced.

At a cost of 1.4 trillion dinars, the establishment of the “Basra Homeland City” residential project has been announced.

2026-10-29

Shafaq News – Basra
The National Investment Commission in Iraq announced on Wednesday evening that it had granted an investment license for the “Basra Homeland Residential City” project, with a total investment cost exceeding 1.4 trillion Iraqi dinars.

The authority explained in a statement received by Shafaq News Agency that the project is located in Basra Governorate, and will be implemented in five consecutive phases by the same investing Read more…

“Security gains” top the list of results of al-Zaidi’s visit to Syria

“Security gains” top the list of results of al-Zaidi’s visit to Syria

2026-10-29

Shafaq News – Baghdad
An informed political source stated on Wednesday evening that Prime Minister Ali al-Zaidi’s visit to Syria achieved “important gains” for Iraq, especially in the security file, which was confirmed by MP Firas al-Muslawi, who added that the “Shia minority” will have a role in governing Syria.

The source told Shafaq News Agency that “Al-Zaidi’s visit to Syria achieved important gains for Iraq, the most important of which is Read more…

Al-Mandalawi and Zebari emphasize coordinating efforts to address outstanding issues between Baghdad and Erbil

Al-Mandalawi and Zebari emphasize coordinating efforts to address outstanding issues between Baghdad and Erbil

2026-10-29

Shafaq News – Baghdad
Deputy Prime Minister for Energy Affairs, Mohsen Al-Mandalawi, and member of the Political Bureau and head of the Kurdistan Democratic Party’s command center in Baghdad, Hoshyar Zebari, affirmed on Wednesday evening the coordination of efforts to address outstanding issues between the federal government and the Kurdistan Region. Read more…

Washington: Iranian oil disappears from the seas for the first time in history

Washington: Iranian oil disappears from the seas for the first time in history

2026-10-29

Shafaq News – Washington
US Treasury Secretary Scott Bisent said Wednesday evening that the process of economically isolating Iran is proving successful.

Bisent added in statements followed by Shafaq News Agency that “Iran is unable to obtain dollars and funding for its proxies is decreasing.”

The Treasury Secretary confirmed: “There are no Iranian oil shipments at sea, perhaps for the first time since Iran began producing oil.” Read more…

Employees and retirees complain about the mechanism for granting loans from Al-Rafidain Bank and demand disclosure of the application criteria.

Employees and retirees complain about the mechanism for granting loans from Al-Rafidain Bank and demand disclosure of the application criteria.

2026-10-29

Shafaq News – Baghdad
On Thursday, a number of employees and retirees expressed their dissatisfaction with the mechanism for granting financial loans through the electronic application approved by Al-Rafidain Bank, noting that the application witnesses a great surge as soon as the application is opened, before it stops receiving applications within five minutes or less, which limits the beneficiaries’ chances of completing the application procedures and obtaining the loan. Read more…

Baghdad leads the way… 4.8 million fiber optic internet lines and 41.9 million mobile subscribers in Iraq

Baghdad leads the way… 4.8 million fiber optic internet lines and 41.9 million mobile subscribers in Iraq

2026-10-29

Shafaq News – Baghdad
The total capacity of the Fiber to the Home (FTTH) network in Iraq recorded an increase during 2025, coinciding with the continued growth of communications and internet services, while the number of post offices maintained the same level as in the previous year. Read more…

Agreement reached on the chairmanship of 15 out of 20 parliamentary committees… Finance, Oil, and Integrity are the most prominent sticking points

Agreement reached on the chairmanship of 15 out of 20 parliamentary committees… Finance, Oil, and Integrity are the most prominent sticking points

2026-10-29

Shafaq News – Baghdad
A parliamentary source revealed on Thursday that a preliminary agreement had been reached on the appointment of the heads of 15 parliamentary committees out of 20 permanent committees, while the leadership of five committees, including Finance, Oil and Integrity, remains a point of contention between the political blocs. Read more…

Integrity Commission: Six-year prison sentence for MP Muthanna al-Samarrai

Integrity Commission: Six-year prison sentence for MP Muthanna al-Samarrai

10-29-2026

The Integrity Commission announced on Thursday that a six-year prison sentence has been issued against Member of Parliament Muthanna al-Samarrai. In a statement, the Commission said, “A six-year prison sentence has been issued against MP Muthanna al-Samarrai,” explaining that “the sentence was issued for his profiting from contracts with the North and South Refineries Read more…

The Central Bank denies issuing a list of political figures for vetting.

The Central Bank denies issuing a list of political figures for vetting.

10-29-2026

The Central Bank of Iraq denied on Thursday issuing an audit list for political figures, stating in a statement that “what has been circulated by some news sites and social media platforms regarding its request to audit the accounts of specific political figures is completely false.” Read more…

Iraqi Dinar Guru opinions 10-28-2026

Iraqi Dinar Guru opinions 10-28-2026

10-28-2026 Newshound Guru Samson Article: “CENTRAL BANK : IRAQ’S RESERVES HAVE RECOVERED BY APPROXIMATELY $80 BILLION, AND AL-ZAIDI IS MONITORING THE ARRIVAL OF SHIPMENTS” Read more…

The Kurdistan Regional Government demands a review of the draft federal budget and insists on its 14% share.

The Kurdistan Regional Government demands a review of the draft federal budget and insists on its 14% share.

2026-10-28

Shafaq News – Erbil
The Kurdistan Regional Government’s Council of Ministers stressed on Wednesday evening the need to review the draft federal budget law before putting it to a vote, in order to guarantee the constitutional rights and financial entitlements of the region.

This came during his regular meeting chaired by Prime Minister Masrour Barzani, and he discussed a number of important topics included in the agenda. Read more…

Turkish Ambassador to Iraq: 40 of our companies are exploring investment opportunities in Kirkuk

Turkish Ambassador to Iraq: 40 of our companies are exploring investment opportunities in Kirkuk

2026-10-28

Shafaq News – Kirkuk
The Turkish ambassador to Iraq, Anil Bora Inan, confirmed on Wednesday evening that he had brought a delegation of 40 major Turkish companies to Kirkuk Governorate to discuss investment opportunities and implement projects in the governorate, noting that the development road would be one of the most important projects of common interest between Iraq and Turkey. Read more…

The Central Bank denies granting its employees loans totaling 300 million dinars.

The Central Bank denies granting its employees loans totaling 300 million dinars.

10-=28-2026

The Central Bank of Iraq denied on Wednesday that it had granted its employees loans of up to 300 million dinars, stressing that the document circulating was forged and was not issued by it.

The bank stated in a statement that “what has been circulated by the media and social media regarding the issuance of a book attributed to the bank that includes granting its employees loans of up to 300 million dinars is not true.” Read more…

The trial of Muthanna al-Samarrai begins tomorrow in Baghdad, amid expectations of a significant verdict.

The trial of Muthanna al-Samarrai begins tomorrow in Baghdad, amid expectations of a significant verdict.

10-28-2026

Information/Baghdad…
An informed source confirmed on Wednesday that the trial of MP Muthanna al-Samarrai, head of the Azm Alliance, will take place tomorrow in Baghdad, amid expectations of a verdict.
The source explained to Al-Maalouma that “the trial of MP Muthanna al-Samarrai, head of the Azm Alliance, will be held in the court specializing in corruption cases in Baghdad.” Read more…

Al-Fariji: The revenue generated from the change in the exchange rate does not represent a profit.

Al-Fariji: The revenue generated from the change in the exchange rate does not represent a profit.

10-28-2026

Information/Baghdad…
Crisis expert Ali Al-Fariji confirmed that the revenue generated from the increase in the dollar exchange rate against the dinar does not represent a net gain added to the state treasury.

Al-Fariji told Al-Maalouma that “raising the exchange rate of the dollar against the Iraqi dinar in the local markets may provide quick liquidity, but it does not Read more…

MP reveals benefits of 5-year leave: reducing the payroll and revitalizing the private sector

MP reveals benefits of 5-year leave: reducing the payroll and revitalizing the private sector

10-28-2026

Information/Special…
Member of Parliament, Jassim Mohammed, affirmed on Wednesday that the implementation of the law granting employees five-year leave represents a strategic reform step with broad economic and administrative dimensions. He emphasized that the law’s importance extends beyond the individual employee, contributing to rationalizing spending and addressing the accumulated institutional inefficiencies within government departments. Read more…