Final accounts open the door to accountability… Parliament opens the Pandora’s box of previous budgets
7-25-2026
Information / Report…
Political and public attention in Iraq is focused on the parliament, which is preparing to open the Pandora’s box of previous budgets. Burning questions remain about whether the discussion of the final accounts will unleash new corruption scandals or simply end up in the usual backroom deals.
The reports of the Board of Supreme Audit are no longer mere numbers; they have become anticipated indictments, placing government performance and public spending under intense Read more…
Warnings about the dangers of a “rentier economy”: 90% of Iraq’s budget is at the mercy of oil.
7-25-2026
Information/Press Interview…
The Iraqi situation is witnessing escalating political developments, amidst efforts to finalize the formation of the remaining ministerial portfolios for Ali al-Zaidi’s government, and other pressing issues in different directions. This includes efforts to solidify the rights of the third largest ethnic group in Iraq, and discussions about the general situation in the region and its impact on the country. “Al-Maalouma” interviewed former MP Fawzi Akram to gain firsthand insight into these developments and posed a series of questions to him:
Q: When do you think the issue of the nine ministerial portfolios in Ali al-Zaidi’s government will be resolved? Read more…
For the first time, non-oil revenues record the highest contribution to Iraq’s finances at 16%
2026-07-25
Shafaq News – Baghdad
The Eco Iraq Observatory announced on Saturday that the contribution of non-oil revenues has risen to 16% of Iraq’s total financial revenues, the highest percentage recorded so far.
The observatory said in a statement received by Shafaq News Agency, “This is the first time that the percentage of non-oil revenues has risen to 16% during the months of May and June, after it had not exceeded 5% for years,” indicating that “it rose for the first time to Read more…
Kuwaiti Interior Minister from Basra: We will fight forcefully anyone who wishes harm upon our two countries, and we will nip any sedition in the bud.
2026-07-25
Shafaq News – Basra
Kuwait’s First Deputy Prime Minister and Interior Minister, Sheikh Fahd Yousef Saud Al-Sabah, stressed on Saturday the depth of bilateral relations between his country and Iraq, affirming the determination to confront any attempts to sow discord between the two brotherly peoples.
This came during a joint press conference with Basra Governor Asaad Al-Eidani at the Safwan border crossing, attended by a correspondent from Shafaq News Agency, following a high-level security and governmental reception for the visiting Kuwaiti delegation. Read more…
Borrowing policy by legislative law
2026-07-25 02:50
Haider Al-Sheikh
The Iraqi government, in coordination with the Finance Committee in the House of Representatives, is trying to legislate a law on (borrowing, grants and subsidies) that serves the economic and financial interest in Iraq, and this law will be an alternative to the general budget law for the year 2026.
The government is trying, through the legislation of the borrowing law, to secure salaries, cover the financial deficit and ensure the continuation of government spending in the absence of the federal budget law, and this law will be similar to Read more…
Al-Abadi’s coalition: The repercussions of the war require “high-level diplomacy” between Washington and Tehran
2026-07-25
Shafaq News – Baghdad
The “Victory” coalition, led by former Prime Minister Haider al-Abadi, confirmed on Saturday that the government of Iraqi Prime Minister Ali Faleh al-Zubaidi enjoys broad support from political forces and strong backing from the forces of the Coordination Framework, indicating that its coalition supports the government’s moves in the files of combating corruption and foreign openness.
Coalition spokesman Aqeel al-Rudaini told Shafaq News Agency that his coalition supports Read more…
Amidi: We are committed to supporting and strengthening governmental and judicial efforts to combat corruption and corrupt individuals.
7-25-2026
President Nizar Amidi affirmed on Saturday (July 25, 2026) that we are committed to supporting and strengthening governmental and judicial efforts to combat corruption and corrupt individuals.
Amidi said at the Islamic Day Conference Against Violence Against Women that “there is no security or stability in the region without the security and stability of Iraq,” noting that “Iraq’s strength lies in its unity and in putting its national interests above all else.” Read more…
Iraqi Dinar Guru opinions 7-24-2026
7-24-2026 Newshound Guru Jeff MOUs…Last week they were in DC…as of yesterday that was $200 billion in new revenue coming in to Iraq. Today they signed MOUs with Iran. Next week they’re signing MOUs with Turkey…Iraq needs to know all of their expenses and revenue streams to correctly draft their budgets…Why the hell hasn’t the rate changed, why the cabinet hasn’t been completed? They have to know all of their money figures before they can revalue. The cabinet completion is the lynch pin to the rate change…Those two are almost one in the same. Read more…
The Wall Street Journal: Bahrain and Kuwait carried out direct strikes inside Iran
2026-07-24
Shafaq News – Washington
The Wall Street Journal reported on Friday, citing informed sources, that Bahrain and Kuwait secretly sent warplanes to launch attacks on sites inside Iran, in the first direct response of its kind against Tehran.
The sources told the American newspaper that the airstrikes launched at the beginning of this month targeted drone and missile depots, in addition to other military sites.
She added that the United Arab Emirates, which launched repeated attacks on Iran at the beginning of the war, Read more…
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Pakistan makes a halt to Iranian attacks on the Gulf a precondition for resuming talks with Washington.
2026-07-24
Shafaq News – Islamabad
A Pakistani official revealed on Friday that halting Iranian attacks on Saudi Arabia and other Gulf states is now a precondition for resuming any talks to end the nearly five-month-long war between Tehran and Washington, confirming that Pakistan has already conveyed this message to the Iranian side.
Three Pakistani sources told Reuters that Islamabad is exploring a path to restart stalled talks between the United States and Iran, as part of an effort initiated by China, stressing that the obstacles to any talks Read more…
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Trump: Moscow and Beijing pledged not to sell weapons to Iran
2026-07-24
Shafaq News – Washington
US President Donald Trump confirmed on Friday that his Chinese counterpart Xi Jinping told him during their recent meeting in Beijing that he would not provide weapons to Iran and would not sell them in any way, stressing that this pledge extends to Chinese companies.
Trump said in remarks monitored by Shafaq News Agency: “Given the nature of our relationship, I believe him on that,” adding that he is offering the Chinese president “very significant concessions” within the framework of the bilateral relationship between the two countries. Read more…
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Al-Shibani: Threats will not intimidate us, and we will continue to expose the Kirkuk corruption case to the end.
7-24-2026
The Information Agency/Baghdad –
MP Othman al-Shibani, from the State of Law Coalition, affirmed today that the threats he has received will not deter him from continuing to expose the corruption case in Kirkuk. He called on the Commander-in-Chief of the Armed Forces to launch a comprehensive investigation and hold all those involved accountable.
In a statement received by the Information Agency, al-Shibani said, “The corruption case in Kirkuk will not be closed or buried, and we will not allow the truth to be concealed, no matter the pressure.” He explained that the case “involves counterfeit medicines, contaminated food, drugs, arms and vehicle smuggling operations, and everything that targeted Iraq’s security Read more…
US forces evacuated from Baghdad’s Green Zone and transferred to Harir base in Erbil
7-24-2026
Information/Baghdad..
A security source reported on Friday that an American force stationed in the Green Zone in central Baghdad was evacuated and moved to Harir base in Erbil province for precautionary reasons.
The source told Al-Maalomah News Agency that “Harir base in Erbil received an American force coming from the Green Zone in central Baghdad in a maneuver intended to protect its forces from potential Iranian missile attacks.”
He added that “the evacuation of American forces from the Green Zone came as a surprise, coinciding with warnings Read more…
Between Trump and Pezeshkian… Al-Zaidi maneuvers: What has he achieved for Baghdad?
2026-07-24
Shafaq News – Baghdad/Tehran/Ramallah
During his visit to the Iranian capital, Tehran, on Thursday, Iraqi Prime Minister Ali Faleh al-Zaidi carried with him multiple political, security, and economic files, in his second foreign stop after his visit to Washington, which focused on economic, investment, and energy issues.
The one-day visit, which included meetings with Iranian President Masoud Pezeshkian and several senior Iranian officials, came amid escalating tensions Read more…
Gold fell to near $4,030, pressured by rising oil prices and interest rate concerns.
2026-07-24
Shafaq News – Erbil
Gold continued its decline on Friday, after falling two percent in the previous session, as the return of Brent crude prices to above $100 a barrel fueled concerns about inflation and reinforced expectations of a US interest rate hike ahead of the Federal Reserve’s monetary policy meeting next week.
Gold prices fell 0.4 percent in spot trading to $4,030.09 an ounce, down more than $130 from a two-week high reached on Wednesday. U.S. gold futures for August delivery also fell Read more…
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Araghchi responds to Trump: Controlling Iran’s frozen funds will create chaos
2026-07-24
Shafaq News – Tehran
Iranian Foreign Minister Abbas Araqchi said on Friday that seizing another country’s assets to use them to settle unrelated future claims sets a “dangerous precedent”.
Araghchi wrote in a post on the X platform: “Those who celebrate or seek to benefit from these funds should remember that once governments normalize confiscation, no one’s assets will be safe again. And the chaos that will result will be neither beautiful nor peaceful.”
This comes in response to statements made by US President Donald Trump on Thursday, in which he said Read more…
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390 days turned into 14 years… A 50 billion dinar water project in Diyala is still awaiting operation
2026-07-24
Shafaq News – Diyala
The director of the New Shat district in Diyala Governorate, Talib al-Khazraji, confirmed on Friday that the district’s water project has been stalled for 14 years, even though its original implementation period does not exceed 390 days, calling for its completion and operation to end the water scarcity crisis that various areas are suffering from.
Al-Khazraji told Shafaq News Agency that the New Shat water project was referred in 2012 to a French company, and it was supposed to be completed within 390 days, but the project Read more…
Baghdad refutes the New York Times report: Its claims are baseless.
2026-07-24
Shafaq News – Baghdad
The media office of Prime Minister Ali al-Zaidi refuted on Friday what was stated in the report published in the New York Times regarding the proposal that Baghdad conveyed to Tehran for a ceasefire between the United States and Iran.
The office stated in an official statement that “the claims made in the report are baseless and have no relation to reality,” calling on all media outlets to be accurate and rely on official sources, and not to circulate undocumented information or information attributed to unknown sources. Read more…
Sanctions are being imposed on Baghdad; a report urges Trump to target those who sign “contracts” with the factions.
2026-07-24
Shafaq News – Special Translation
Over the years, the United States has imposed dozens of sanctions on leaders of armed factions, their companies and banks in Iraq, hoping to dry up their sources of funding and limit their influence within the country.
However, according to a report by the American ” Middle East Forum ,” translated by Shafaq News Agency, these sanctions have not achieved the goal for which they were created, because the problem no longer lies with the factions alone, but with the state institutions Read more…
Iraqi Dinar Guru opinions 7-23-2026
7-23-2026 Newshound/Intel Guru Mnt Goat Can the news get any better than this other than getting news of the reinstatement is done. Folks, this visit by al-Zaidi to Washington is beginning to pay off for Iraq… President Trump has his eyes on Iraq and a plan to revolutionize their economy…this is not only for Iraq but the entire middle east. Iraq is going to play a MAJOR role in the plan. Read more…
