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When will the removal of zeros begin? A member of parliament sets a date for the project’s implementation.

When will the removal of zeros begin? A member of parliament sets a date for the project’s implementation.

When will the removal of zeros begin - A member of parliament sets a date for the projects implementationMP Murtadha Afween confirmed on Monday that the project to remove zeros from the Iraqi currency has not yet moved to the implementation phase, indicating that the project does not represent a direct solution to the crises plaguing the Iraqi economy.

Afween told the Information Agency that “the issue of removing zeros from the currency has not yet reached the implementation phase,” explaining that “the project has not contributed to addressing the crises facing the Iraqi economy.”

He added that “removing zeros from the currency, if it proceeds, should not be considered a sufficient measure to address the economic challenges,” noting “the importance of focusing on issues directly related to the country’s economic and financial reality.”

Afween pointed out that “addressing the economic crises requires concrete steps and measures targeting the root causes of the problems, in addition to developing solutions for issues affecting financial and economic stability,” emphasizing that “monetary measures alone are insufficient to address the accumulated economic problems.”
Earlier, The Media Line network revealed in a report that the Iraqi government will begin issuing a new currency with zeros removed at the beginning of 2027. History

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Al-Aboudi: The government will vote on the 2027 budget in September.

Al-Aboudi: The government will vote on the 2027 budget in September.

Al-Aboudi - The government will vote on the 2027 budget in SeptemberIraqi government spokesman Haider al-Aboudi announced on Monday that the cabinet will vote in September on the draft general budget law for 2027.

Al-Aboudi said during a press conference attended by Shafaq News Agency that “the financial deficit in the budget is based on the Financial Management Law, and will not exceed 3%,” indicating that “the Ministry of Finance is currently working on the preparations, procedures and requirements necessary to complete the law.”

He explained that “the 2027 budget will be a program budget, and will include government programs related to the electricity and development sectors in the governorates of Salah al-Din and Diwaniyah,” noting that “the issue of contract regularization is under study by the Ministry of Finance.”

In the file on supplying generator owners, Al-Aboudi indicated that the Ministry of Oil obtained authorization from the Prime Minister to grant generator owners 35 liters per kilowatt.

Regarding oil exports, the Iraqi government spokesman confirmed that “Iraqi crude exports have increased and are now no less than two million barrels per day.”

Shafaq.com

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Judicial Council: 7 billion dinars, 5.5 million dollars, and 35 properties seized in the Al-Jumaili case

Judicial Council: 7 billion dinars, 5.5 million dollars, and 35 properties seized in the Al-Jumaili case

Judicial Council - 7 billion dinars - 5.5 million dollars and 35 properties seized in the Al-Jumaili caseThe Supreme Judicial Council announced on Monday the seizure of 7 billion dinars, 5.5 million dollars, and 35 properties. Judge Diaa Jaafar, the investigating judge of the Central Anti-Corruption Criminal Court, stated in a statement carried by the official agency that “huge sums of money, properties, and vehicles belonging to the detained defendant Alaa Mohsen Khalaf, the director of the office of the detained defendant Adnan Al-Jumaili, were seized as a result of the ongoing investigations with him.”

Judge Jaafar added that “the investigation resulted in the seizure of a sum of money amounting to 7 billion Iraqi dinars, in addition to 5.5 million dollars, as well as the seizure of 35 properties and 6 cars.” BookingHistorical Guided Tours

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The US State Department is urging its citizens not to travel to Iraq.

The US State Department is urging its citizens not to travel to Iraq.

The US State Department is urging its citizens not to travel to IraqThe US State Department has urged its citizens not to travel to Iraq. StudyingWorld History

The US State Department issued a brief statement saying, “Do not travel to Iraq for any reason… and those already there should leave immediately.” This warning came after the latest attack on Iranian territory last night.

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The framework rejects Al-Zidi’s remarks: No dismissal or resignation of ministers

The framework rejects Al-Zidi’s remarks: No dismissal or resignation of ministers

The framework rejects Al-Zidis remarks - No dismissal or resignation of ministersA government source revealed on Thursday that the leaders of the Coordination Framework rejected the withdrawal or resignation of any of the ministers in Prime Minister Ali al-Zaidi’s government at the present time, even if the latter had an objection to the performance of one of the ministers. SubscribingTo Digital Newspaper Outlets

The source explained to Shafaq News Agency that “the information that some have promoted regarding the resignation of one of the ministers of Ali al-Zaidi’s government is inaccurate,” indicating that “the leaders of the framework informed the Prime Minister of their refusal to dismiss or accept the resignation of any of the current ministers, except after the completion of the government cabinet.”

He added that “any withdrawal or dismissal of a minister at the present time would weaken al-Zidi’s government, while the Shiite bloc is keen to support and strengthen the government to overcome the challenges it faces.”

The source indicated that “the Prime Minister, after more than 100 days since the start of his government, noted the performance of a number of ministries, including sovereign ministries, but the forces of the framework refused to dismiss or replace any minister before the completion of the government cabinet.”

On May 14, 2026, the Iraqi parliament granted confidence to the government of Ali Faleh al-Zaidi and its ministerial program, and voted on 14 ministers out of 23, while nine portfolios remained postponed due to disagreements over names and quotas, including the Interior, Defense, Higher Education and Planning ministries.

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Desert tourism in Iraq: A natural resource awaiting investment

Desert tourism in Iraq: A natural resource awaiting investment

Desert tourism in Iraq - A natural resource awaiting investmentIraqi tourism is looking for new ways to diversify the tourism product, including desert tourism, which is still in its early stages, despite Iraq having vast areas and natural and cultural sites that can be a destination for tourists, especially in the governorates of Anbar, Muthanna, Najaf, Karbala and Dhi Qar. IraqTravel Guide

Ali Yassin, spokesman for the Tourism Authority at the Ministry of Culture, Tourism and Antiquities, told Shafaq News Agency that desert tourism is still in its initial stage, but it has begun to receive increasing attention within tourism diversification plans.

Yassin explained that the Iraqi desert regions possess unique natural and cultural resources, but this type of tourism still lacks an organized investment and tourism framework, in addition to the limited products and services directed to tourists in those regions.

He pointed out that current activities are mostly limited to individual trips or trips organized by local and international organizations, in addition to nature and desert photography activities by amateurs.

Yassin believes that the Iraqi desert offers multiple assets that can be transformed into marketable tourism products, taking advantage of its natural diversity, which includes valleys, hills, rocks, sand dunes, and clear skies, as well as the possibility of stargazing away from light pollution.

The most prominent proposed products include desert camping, both traditional and luxury, and the establishment of tents equipped with tourist services and nighttime programs that include local food and music. Astrotourism can also be developed by organizing programs to view stars and planets, using guides who specialize in astronomy, and choosing sites far from sources of light pollution.

The proposed products also include hiking and climbing trips through valleys and sand dunes, with local guides and rest stops provided, along with adventure tourism that includes desert biking, sandboarding and dune racing in four-wheel drive vehicles.

Desert tourism is not limited to nature and adventure, as it can include cultural and tribal tourism through visiting Bedouin communities and learning about traditional hospitality patterns, folklore performances, local cuisine and handicrafts, as well as organizing workshops for desert photography at sunrise and sunset, wildlife photography, holding specialized courses and producing documentaries and geographical programs.

The spokesperson for the Tourism Authority also confirmed that developing desert tourism can contribute to creating job opportunities for local communities in remote areas, in addition to supporting the local economy and diversifying sources of income.

According to the proposed vision, this type of tourism is linked to the concept of sustainable ecotourism, provided that controls are put in place to preserve natural resources, plants and wildlife in desert areas.

Yassin continued, saying that transforming these capabilities into an actual tourism sector requires a clear institutional framework, with the participation of the Tourism Authority, the Ministries of Environment, Interior and Transport, the relevant governorate councils, as well as the private sector, the local community, and environmental and cultural organizations.

Among the proposals put forward is the establishment of a unit specializing in the development of desert tourism within the Tourism Authority, in addition to setting up a licensing system for desert camps, adventure travel companies, and desert guides.

The activity also requires organizing camping, camel riding, desert trips and stargazing trips, ensuring safety, insurance and training requirements.

Opportunities for the private sector to invest in ecotourism and adventure companies, desert camps and eco-hotels, as well as transportation and logistics services within desert areas, are emerging.

It also proposes the establishment of a coordination committee comprising government agencies, governorates, the private sector, the local community, and environmental and cultural organizations, with the adoption of performance indicators to measure the impact of desert tourism, a system for classifying and licensing camps and trips, as well as conducting periodic environmental and security monitoring.

These proposals come within a broader direction of the Tourism Authority to diversify the Iraqi tourism product, as the announced tourism vision includes goals to attract tourists and develop archaeological, heritage, cultural, religious and natural sites, with a focus on integration, sustainability and quality. IraqTravel Guide

While the Iraqi desert possesses vast natural resources, transforming it into a tourist destination requires moving from limited trips and individual initiatives to organized tourism products, supported by infrastructure, legislation and investment, making the desert one of the new paths for diversifying tourism in Iraq.

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A parliamentary committee reveals: An Iraqi delegation will head to Iran to negotiate the passage of oil tankers.

A parliamentary committee reveals: An Iraqi delegation will head to Iran to negotiate the passage of oil tankers.

A parliamentary committee reveals - An Iraqi delegation will head to Iran to negotiate the passage of oil tankersMember of Parliament’s Security and Defense Committee, MP Ahmed Al-Khazali, revealed on Thursday that an Iraqi delegation of political leaders representing different groups will head to Iran to negotiate the passage of oil tankers. History

Al-Khazali said in his interview with the program “Openly,” which is broadcast by Al-Sumaria TV, that “Iraq is facing a clear economic problem as a result of the developments of the war and its impact on oil exports, noting that the country’s heavy reliance on oil revenues has made the economy more affected by the current crisis.”

He explained that “Iraq needs about 8 trillion dinars per month to cover the needs of employees,” considering that “the continued reliance on oil and the failure to diversify revenues during the past years was a mistake whose effects have appeared with the current crisis.”

Al-Khazali confirmed that “employees’ salaries are secured according to the statements of the Minister of Finance, but he acknowledged the existence of economic pressure that necessitates searching for solutions and alternatives in the event that the Strait of Hormuz crisis continues.”

In response to a question about the possibility of leveraging Iraq’s relationship with Iran to obtain an exemption allowing the passage of ships loaded with Iraqi oil, Khazali revealed the formation of a committee comprising political leaders from various Iraqi factions, saying that it “will go to the Islamic Republic and negotiate according to this vision,” stressing “the need to reach a quick solution.”

He pointed to “the growth in revenues from border crossings, but stressed that they alone cannot compensate for oil revenues,” noting “the importance of accelerating oil exports via the Ceyhan pipeline with a capacity of up to 750,000 barrels.”

He added that “there are small quantities of Iraqi oil passing through the Strait of Hormuz,” calling on the government and the Ministry of Finance to “put in place alternatives to address the crisis and ensure the state’s financial obligations, foremost among them the salaries of employees.”

He stressed that “the House of Representatives has begun exploring ways to diversify revenue sources, by hosting the Ministers of Industry, Trade, Agriculture and Oil and discussing ways to activate the economic and investment sectors and reduce dependence on oil.”

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Political complications delay the appointment of ministers… and the candidates have not yet reached Al-Zaydi.

Political complications delay the appointment of ministers… and the candidates have not yet reached Al-Zaydi.

Political complications delay the appointment of ministers... and the candidates have not yet reached Al-ZaydiA parliamentary source revealed on Thursday the depth of the disagreements among political blocs regarding the selection of candidates for the vacant ministerial posts in the cabinet, confirming that the Prime Minister has not yet received the official lists of nominees.

The source told Al-Maalomah that “the disagreements and discussions among the political forces regarding the vacant ministerial portfolios remain complex and have not reached a resolution,” explaining that “this impasse has prevented the names of the nominees from being sent to the Prime Minister.”

The source added that “completing the cabinet has become an urgent necessity to confront the security, financial, and economic challenges and crises facing the country,” calling on “the State Administration Coalition to hold an urgent meeting and intensify its dialogues to reach final agreements and resolve this issue as quickly as possible.” EconomicForecasting Services

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Iraq signs $500 million in contracts in July, with oil and gas projects leading the way.

Iraq signs $500 million in contracts in July, with oil and gas projects leading the way.

Iraq signs 500 million in contracts in July with oil and gas projects leading the wayIraq recorded contracts worth a total of $500 million in the oil and gas sector during July, according to data reported by the specialized magazine MEED, making it one of the most prominent countries in the region that witnessed the awarding of new projects, at a time when the value of contracts awarded in the Middle East and North Africa region declined to $20.4 billion, compared to $26.2 billion in June. SubscribingTo News

The magazine explained that Iraq recorded two contracts with a total value of $500 million in the oil and gas sector, most notably a contract awarded to Al-Kout Towers Oil Services Company by Basra Gas Company, to implement the low-pressure gas investment project at the sixth gas compression station in the West Qurna-1 field.

At the regional level, the UAE topped the list of countries in terms of the value of contracts awarded during July, with a total of $10.9 billion, driven mainly by deals related to the gas cap and surface pressure enhancement project in the Umm Shaif field in Abu Dhabi, with a value of approximately $6.2 billion.

Egypt came in second with a total of $6.6 billion in contracts, while the value of contracts awarded in Saudi Arabia amounted to $1.9 billion, compared to $9.9 billion in June.

According to MEED, the transport and gas sectors accounted for the largest share of contracts signed in the region during the month, with a value of $6.7 billion and $6.5 billion respectively.

Recent Iraqi contracts indicate a continued focus on new investments in the energy sector, particularly associated gas investment projects, reflecting steps taken to increase the utilization of gas resources and reduce waste, in support of the country’s electricity supply.

Shafaq.com

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