Category Archives: Uncategorized
Regional trade shifts: Iran turns to Iraq to secure the flow of its goods.
Regional trade shifts: Iran turns to Iraq to secure the flow of its goods. Iran is moving towards strengthening the use of Iraq as an alternative trade route, after some traditional shipping routes through the UAE faltered and gas supplies … Continue reading
Kirkuk markets a quarter of a million tons of wheat and releases payments for last season’s dues.
Kirkuk markets a quarter of a million tons of wheat and releases payments for last season’s dues. The director of the Kirkuk silo, affiliated with the Ministry of Trade, announced on Thursday that the marketed quantities of wheat crop have … Continue reading
Warning: Iraq’s reliance on the Strait of Hormuz exacerbates the risks to its oil exports amid alternative Gulf moves.
Warning: Iraq’s reliance on the Strait of Hormuz exacerbates the risks to its oil exports amid alternative Gulf moves. Iraq, OPEC’s second-largest oil producer, faces increasing challenges in securing its oil exports as Gulf states accelerate the development of alternative … Continue reading
The Prime Minister’s advisor sets a date for the recovery of Iraqi oil.
The Prime Minister’s advisor sets a date for the recovery of Iraqi oil. The financial advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, stated on Wednesday that the return of Iraqi oil production and exports through the Strait of … Continue reading
Al-Zaidi takes economic files to the White House
Al-Zaidi takes economic files to the White House In mid-July, Prime Minister Ali Faleh al-Zubaidi is preparing for an official visit to the United States, where he will meet with US President Donald Trump at the White House to discuss … Continue reading
Basra ports pump four million barrels of oil to two tankers
Basra ports pump four million barrels of oil to two tankers A source at Iraqi ports reported on Tuesday evening that two tankers are currently being loaded with four million barrels of Iraqi oil. The source told Shafaq News Agency … Continue reading
The Iraqi economy: Al-Zaydi’s ambition clashes with the reality of the “parasitic” private sector
The Iraqi economy: Al-Zaydi’s ambition clashes with the reality of the “parasitic” private sector The Iraqi government’s ambitious plan to privatize economic management and stimulate the private sector faces severe structural and legislative obstacles, amid official and economic warnings that … Continue reading
Financial expert: Expectations of a dinar devaluation are driving increased demand for the dollar and fueling speculation.
Financial expert: Expectations of a dinar devaluation are driving increased demand for the dollar and fueling speculation. Financial expert and former Director General of the Central Bank of Iraq, Mahmoud Dagher, revealed on Wednesday that expectations of a reduction in … Continue reading
Central bank reserves declined during the second quarter of 2026
Central bank reserves declined during the second quarter of 2026 Recent official data from the Central Bank showed a decline in the bank’s foreign reserves during the second quarter of this year. According to data seen by Shafaq News Agency, … Continue reading
Armies are no longer enough: the new world war is being waged from within the banks.
Armies are no longer enough: the new world war is being waged from within the banks. For decades, wars were fought with armies, tanks, and missiles. Today, the most impactful battles are waged silently through banks, financial networks, economic sanctions, … Continue reading