“Without prior notice”… 118 trillion dinars withdrawn to finance salaries and projects revealed
2026-08-08
Shafaq News – Baghdad
An informed source revealed on Saturday the amounts of money that were withdrawn from government banks during the previous government, indicating that they are estimated at trillions of dinars, which are high amounts that exceeded the legal limit allowed for each bank, especially government banks.
The source told Shafaq News Agency that the withdrawal process came in light of the financial crisis that the government faced at the time, but the size of the amounts withdrawn and the way Read more…
Iraqi Dinar Guru opinions 8-7-2026
8-7-2026 Newshound Guru Jeff We saw two articles that said the completed formed government is what allows Iraq to enact the major reforms…A completed government is going to happen very close to the timing of the rate change…I personally think once they complete the cabinet, they’ll change the rate within days of that. They’ll be very close to each other. Read more…
Syria announces the export of two million tons of Iraqi oil via Banias
2026-08-07 07:37
Shafaq News – Damascus
The Syrian Ports and Customs Authority announced the export of more than two million tons of Iraqi oil through the Banias port in Tartous Governorate via the transit system, through 30 tankers loaded with fuel oil and petroleum distillates since the beginning of this year.
The authority added in a statement that the port recorded remarkable activity by receiving 108 tankers loaded with about 3.23 million tons of various types of petroleum products since the beginning of this year. Read more…
Reports of a security operation against al-Sudani and al-Halbousi… Source reveals details
8-7-2026
Information / Baghdad..
An official source in Anbar province revealed on Friday that a force from the Counter-Terrorism Service, accompanied by a number of members of the Integrity Committee, is ready to carry out arrest warrants against former Prime Minister Mohammed Shia al-Sudani and the head of the Progress Alliance, Mohammed al-Halbousi, pending the issuance of the necessary directives from the concerned authorities.
The source told Al-Maalomah News Agency that “the security forces are preparing to execute the arrest warrants Read more…
The Sudanese secrets box was arrested in a security operation in Baghdad.
8-7-2026
Information/Baghdad…
A security source in Baghdad province revealed on Friday that a counter-terrorism force arrested the confidant of former Prime Minister Mohammed Shia al-Sudani in a surprise security operation in Baghdad.
The source told the Information Agency that “a security force from the Counter-Terrorism Service raided the home of businessman Nimir al-Aqabi, owner of the Iraq Gate complex, who is close to al-Sudani and senior officials in his previous government. Al-Aqabi is the main suspect in money laundering operations and fictitious investments estimated at more than 20 trillion dinars.” Read more…
Intensive talks begin to finalize the nomination of candidates for nine ministries in Al-Zidi’s government.
8-7-2026
Information/Baghdad…
On Friday, Uday Abdul-Hadi, a member of the Coordination Framework, confirmed the commencement of intensive discussions aimed at finalizing the nominations for nine ministerial portfolios in Ali al-Zaidi’s government.
Speaking to Al-Maalouma, Abdul-Hadi explained that “intensive political dialogues have begun in Baghdad, involving representatives from various political forces, to develop a roadmap for a comprehensive agreement that will resolve the nominations for nine ministerial portfolios in Ali al-Zaidi’s government, which are currently being Read more…
Hormuz Crisis: India Seizes $25 Million Tanker to Buy Iraqi Oil
2026-08-07
Shafaq News – Baghdad
The cost of shipping Iraqi oil to India has jumped to record levels, according to Reuters, after Reliance Industries booked a supertanker to transport two million barrels of Basra crude, amid escalating risks to navigation through the Strait of Hormuz.
Reuters quoted shipping industry sources as saying the company paid between $23 million and $25 million to charter the tanker, about 12 times the usual pre-war price, compared to just about $2 million when shipping rates ranged between 0.8 and 0.9 of the standard rate. Read more…
Al-Zaydi tightens his grip on security… Strict conditions for Interior and Defense Ministry candidates
2026-08-07
Shafaq News – Baghdad
An informed government source revealed on Thursday that Prime Minister and Commander-in-Chief of the Armed Forces Ali al-Zaidi is still committed to managing the Ministries of Defense and Interior in an “acting” capacity, given his satisfaction with the performance of the current leadership, denying the existence of any political agreement or intention to decide on the names of the two ministers at the present time .
The source told Shafaq News Agency that “Al-Zaydi is satisfied with the performance of the officials who are Read more…
Behind the scenes of Baghdad’s turbulent dawn: Al-Amiri and Al-Zaidi’s meeting froze a government initiative and prompted a response from the factions to Saudi Arabia.
2026-08-07
Shafaq News – Baghdad
Multiple political and governmental sources revealed on Friday the behind-the-scenes details of the turbulent hours that Baghdad experienced on Thursday night and Friday morning, which ended with an understanding between Prime Minister Ali Faleh al-Zubaidi and Badr Organization leader Hadi al-Amiri, which stipulated a mutual truce between the government and the armed factions, and opened the way for Iraqi diplomatic action to address the crisis with Saudi Arabia. Read more…
Within 55 days… Will Iraq succeed in controlling weapons?
2026-08-07
Shafaq News – Baghdad
Only 55 days remain until the deadline set by the “Coalition for State Administration,” which brings together the blocs and parties participating in the political process in Iraq from various components, to proceed with steps to restrict weapons to the state, while some armed factions still refuse to give up their military arsenal.
These factions assert that their weapons are linked to what they describe as “resistance” and regional threats, at a time when the government of Prime Minister Ali Faleh al-Zaidi is trying to Read more…
Saudi Arabia, Pakistan, and Turkey sign the “Mecca Agreement” for joint defense.
2026-08-07
Shafaq News – Riyadh
Saudi Arabia, Pakistan and Turkey signed the “Mecca Agreement” on Friday for joint defense, which includes confronting any aggression or armed attack on any of the three countries.
According to Saudi and Gulf media, Saudi Crown Prince Mohammed bin Salman, Pakistani Prime Minister Shehbaz Sharif, and Turkish President Recep Tayyip Erdogan signed the agreement during the trilateral summit of the three countries in the Saudi capital, Riyadh. Read more…
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After delays in payment, a member of parliament proposes a “virtual currency” to solve the salary crisis.
2026-08-07
Shafaq News – Baghdad
On Friday, Saad Al-Awadi, the deputy head of the National Approach parliamentary bloc, proposed a plan to secure the salaries of employees and retirees through the “digital dinar” and end the “cash crisis” in Iraq.
In a statement received by Shafaq News Agency, MP Al-Awadi said that this initiative is “a comprehensive economic initiative to address the cash liquidity crisis and ensure the stability of salary payments for employees and retirees, through the launch of the (digital Iraqi dinar) and to facilitate access to financial entitlements for employees without the need to deal with paper money.” Read more…
Top orders for “intensive and thorough” inspection of all civilian and military vehicles throughout Iraq
2026-08-07
Shafaq News – Baghdad
A security source reported on Friday that high-level orders have been issued to inspect all civilian and military vehicles “intensively and thoroughly” without exception and throughout all regions of Iraq.
The source told Shafaq News Agency that “strict instructions were issued by the higher security authorities to all checkpoints and inspection points throughout Iraq to inspect vehicles intensively and thoroughly and to take legal action against any vehicle or driver Read more…
The Ministry of Information and Communications threatens legal action: Starlink has no official agent in Iraq.
2026-08-07
Shafaq News – Baghdad
The Media and Communications Commission vowed on Friday to take legal action against anyone who claims to be an official agent or authorized seller of “Starlink” in Iraq, warning that any claim to the contrary is considered “misleading advertising” to the consumer and warrants legal accountability.
The commission said in a statement received by Shafaq News Agency that the claim of exclusivity in representing the “Starlink” company is “misleading” to consumers wishing to obtain satellite Read more…
Iraq… From an oil economy to a land economy: A strategic vision for building an agricultural and livestock sector that leads sustainable development
8-7-2026
Researcher Shatha Khalil
Why is agriculture the first step in economic development?
No nation that has achieved comprehensive economic development has ever started with industry or technology alone. Rather, it has always begun by building a strong agricultural sector capable of providing food, stimulating the rural economy, creating jobs, and supplying raw materials for various industries. Agriculture is not merely about producing crops; it represents the true foundation of production from which all other economic sectors spring. Therefore, countries that have succeeded in achieving sustainable development, such as Read more…
Iraqi Dinar Guru opinions 8-6-2026
8-6-2026 Newshound Guru Stephen The last 6 months we have seen change happen like never before. As someone who has been involved in this investment since 2011, Iraq has let deadlines come and go. They have meant nothing to Iraq. But…since the Trump administration has gotten involved with them, we have a new prime minister who is getting rid of corruption, he’s signing big deals, it’s putting pressure on the HCL law…we have Starlink which is going to allow citizens to do online banking, we have all of these banking reforms being implemented right now. This stuff is happening right before our very eyes…We are in very exciting times. Read more…
Iraq adopts Apple as a trusted platform to promote electronic payments
2026-08-06
Shafaq News – Baghdad
The head of the executive body of the Media and Communications Commission, Baligh Abu Kalal, announced on Thursday that Apple has been approved as a verified digital platform to operate in Iraq, after completing all the requirements and procedures stipulated in the framework regulations for digital platforms and services.
Abu Kalal said in a statement received by Shafaq News Agency that the accreditation includes classifying Apple as Read more…
The minister is in charge of two ministries… Disarray and confusion threaten Al-Zaidi’s incomplete government!
8-6-2026
Information/Special..
The leader in the Reconstruction and Development Coalition, Muhammad al-Mutalibi, confirmed today, Thursday, that completing the ministerial cabinet is one of the sensitive and thorny issues, and requires a great deal of political intervention to resolve it, due to the thin line separating competence and professionalism on the one hand, and the electoral entitlement of the political blocs on the other, especially with regard to the sovereign ministries, specifically the security ministries.
Al-Mutalibi told Al-Maalouma that “candidates for security ministries must have experience, competence, and Read more…
Iraqi electricity company brings good news to citizens regarding power supply hours.
2026-08-06
Shafaq News – Baghdad
The Iraqi Ministry of Electricity confirmed on Thursday that the national grid has witnessed a relative improvement in supply hours, indicating that this improvement came as a result of the combination of several factors.
The ministry spokesman, Ahmed Al-Turki, explained to Shafaq News Agency that “the factors that helped improve electricity include, first and foremost, the improvement in fuel supplies, whether through increasing the quantities of Iranian gas, and resuming part of the gas supplies from the Kurdistan Region fields.” Read more…
80% of money is outside banks… Former MP calls for a new strategy to attract hoarded funds
8-6-2026
Information/Baghdad…
Former MP Abbas Sarout confirmed on Thursday that 80% of Iraqi money is hoarded in homes, away from banks, noting the need to reconsider the strategy for attracting funds to the banking system.
Sarout explained to Al-Maalouma that “Iraq is suffering from a liquidity crisis that has begun to affect salary distribution, given that 80% of the money is hoarded outside banks. This requires serious attention to adopt a strategy that creates incentives to encourage citizens from all walks of life to deposit their money in banks and adopt electronic Read more…
