Kurdistan receives approximately 388,000 tons of wheat… and a plan to market the surplus through local companies.

The Ministry of Trade and Industry in the Kurdistan Regional Government announced on Wednesday the completion of the phase of receiving the allocated share of the wheat crop from the federal government, while revealing an agreement with local companies to receive the surplus quantities and market them inside and outside Iraq, in light of a production season that it described as “abundant”. ForeignInvestment Guide

The Director General of Trade in the region, Nawzad Sheikh Kamil, said during a press conference attended by a correspondent from Shafaq News Agency, that “the process of receiving wheat began on June 12 and continued until July 18, according to the quota allocated by the federal government to the Kurdistan Region, which amounts to 400,000 tons.”

He added that “the ministry received 387,378 tons of wheat from farmers during this period, at a price of 500,000 dinars per ton,” explaining that “the current season witnessed abundant production that exceeded the quota set by Baghdad, so the regional government decided to receive an additional 250,000 tons of the farmers’ crop at a price of 400,000 dinars per ton through the companies (Khoshnaw) and (Qaiwan), in addition to allocating another 200,000 tons to 11 local companies with the aim of marketing and exporting it outside the region.”

Regarding the farmers’ dues, he pointed out that “142 billion dinars of last season’s dues have not been disbursed yet, and the regional government has not received any funds from the federal government to pay the dues of this year’s farmers.”

Iraqi Trade Minister Mustafa Nizar Al-Ani announced on Tuesday the conclusion of the 2026 wheat marketing season, confirming that the quantities marketed to the ministry’s warehouses reached about 4 million and 800 thousand tons.

Shafaq.com

Baghdad announces al-Zaidi’s regional visit schedule: Iran tomorrow, then Türkiye… and talk of Syria is premature.

Iraqi government spokesman Haider al-Aboudi announced on Wednesday that Prime Minister Ali al-Zubaidi will travel to Iran on Thursday for an official visit, stressing that it is still too early to talk about setting a date for an official visit to Syria.

Al-Aboudi said in a press conference attended by a correspondent from Shafaq News Agency that the visit will include discussions on a number of bilateral and regional issues, particularly cooperation in the fields of energy and agriculture, in addition to discussing developments in the region. WashingtonNews Updates

He added that Iraq has gained the attention of countries in the region and the world, thanks to its strategic positions and its non-involvement in conflicts, stressing that the government is pursuing a policy of openness to all countries and that the Washington visit resulted in the signing of 48 agreements and memoranda of understanding.

Al-Aboudi indicated that a government delegation will meet with the Iranian side to discuss the energy file, particularly the continued flow of Iranian gas supplied to Iraq.

He explained that Al-Zaidi will visit Turkey at the end of this month at the head of a high-level delegation to discuss a number of issues, foremost among them the water issue, indicating that Iraq continues to put forward diplomatic initiatives to stop the war during his various foreign visits.

Regarding relations with Syria, he indicated that no official date has yet been set for al-Zaidi’s visit to Damascus, stressing that Iraq is open to everyone, but setting a date for the visit is still too early.

Al-Aboudi continued, saying that restricting weapons to the state is a sovereign Iraqi matter, and is implemented within the government program and includes only Iraqis.

In response to a question from the agency’s correspondent, he pointed out that the Central Bank will participate in establishing the Investment Development Fund by depositing a sum of money, noting that a number of countries in the region and friendly countries will also contribute to the fund.

Shafaq.com

Iraq leads the growth of the Gulf development projects market with an addition of $15 billion.

The latest index from the British magazine “Med Projects” for projects shows that Iraq leads the region’s markets in terms of the growth of the development and infrastructure projects market during the period between June 19 and July 17, 2026.

According to the magazine’s data, Iraq topped the list of best-performing markets in the region, recording the largest absolute increase in the projects market of $15 billion, bringing the total value of projects under planning and implementation to $444 billion, achieving growth of 3.4%. IraqPolitics Report

The magazine added that Iraq has advanced ahead of the rest of the Gulf and Middle East countries, while the Sultanate of Oman came in second place after adding $7 billion to its projects market, bringing its total value to $367 billion, with a growth of 2%.

The data indicated that the total projects market in the Gulf countries rose to $4.41 trillion, while the MEED Projects Index continued its expansion for the sixteenth consecutive month, recording an increase of $22 billion, bringing the total value of projects in the region to $5.1 trillion.

In the rest of the markets, the volume of projects in the UAE increased by about $4 billion to reach $1.36 trillion, while the value of projects in Qatar increased by 0.6% to reach $242 billion, while Bahrain remained stable at $55 billion with a slight decline of 0.4%.

Regarding contracts signed during June, the value of contracts in the Middle East and North Africa region reached about $20.5 billion, compared to $17 billion in May, supported by the return of activity after the reopening of the Strait of Hormuz and the resumption of maritime traffic, while Saudi Arabia topped the value of contracts with $9.9 billion, followed by the UAE with $6.4 billion, then Kuwait with contracts amounting to $1.4 billion.

Shafaq.com

Following Al-Zaidi’s visits: Promising opportunities for playing a regional and international role

Iraq’s role as a strategic link is escalating, but in addition to that, according to the Australian website “The Conversation”, it can turn the external competition around it into a meeting point and coexistence between these powers.

After the Australian website, in a report translated by Shafaq News Agency, pointed to the visits made by Prime Minister Ali al-Zaidi, or that he intends to make, to both the United States, where he “charmed” US President Donald Trump, and Tehran, where he intends to do the same with Iranian leaders, along with Qatar, Saudi Arabia, Turkey and Syria, it said that his American visit was the most important because it aimed to obtain local legitimacy for al-Zaidi’s government and attract foreign investment while raising Iraq’s status in the Middle East.

However, the report noted that an important aspect of al-Zaidi’s visit to the United States was related to focusing on a new American regional strategy that focuses on trade and investment in the Middle East, with Iraq as a key element in it, as Iraq appears as a strategic hub in the Middle East that is increasingly being shaped through energy networks, infrastructure trade and investment.

According to the report, Iraq’s growing importance as a link for diplomacy, trade, and broader regional transformations came after the collapse of ISIS, improved security, and more active Baghdad diplomacy, which expanded Iraq’s room for maneuver.

In addition, the report cited the fall of the Assad regime in Syria, the weakening of Iran’s proxies in the region, and the US-Iran war, as having also enhanced the strategic value of Iraq’s geography, institutions, and relationships. IraqEconomic News

He went on to say that, with the reshaping of the regional balance and the disruption of Iran’s traditional network of influence, Iraq has become an increasingly important platform for military coordination, regional diplomacy, and economic interdependence.

The report noted that Washington, and every major regional actor, is reassessing Iraq’s role, as Iran, the Gulf states, and China strengthen their engagement with Baghdad, pursuing different objectives while acknowledging Iraq’s exceptional strategic position.

The report noted a shift in the American vision towards Iraq from a lens of rewarding terrorism and military stability, to a broader partnership, especially in the economic field, within the framework of a broader strategy aimed at building a more resilient Iraqi state capable of managing competing external pressures and governance in general.

The report continued that for Iran, Iraq is considered essential to its regional strategy as a more challenging regional environment emerges, as Iraq provides an opportunity for broader trade relations and a crucial corridor linking Iran to partners throughout the region.

He added that the Gulf states, for their part, are readjusting their approach, with countries such as Saudi Arabia, the UAE, and others now viewing Baghdad as an opportunity to engage through investment, infrastructure, and economic integration. A more stable and engaged Iraq can link Gulf markets, capital initiatives, and infrastructure to global trade and investment while mitigating the risks associated with instability emanating from Iran.

According to the report, China’s role reflects another dimension of Iraq’s importance, as given that Baghdad has become an increasingly important arena for geopolitical and commercial competition, Chinese companies will need to compete more aggressively for contracts, and Beijing will face greater incentives to deepen its involvement in Iraq to maintain its influence.

The report argued that a stable and economically viable Iraq is in itself valuable to Beijing as a reliable energy partner and a potential hub for broader regional connectivity.

He added that regardless of great power competition, American and Chinese interests largely coincide.

The report explained that these various developing relationships with Iraq do not represent a simple competition between countries or competing blocs, but rather coexistence, reflecting Baghdad’s efforts to diversify foreign relations while avoiding excessive dependence on any single power.

The report argued that what distinguishes Iraq is not just its geography, but the extraordinary intertwining of relationships that few other Middle Eastern countries possess, explaining that Baghdad can engage Washington on security and energy, Tehran on political and trade relations, Beijing on infrastructure and trade, and the Gulf states on investment and regional connectivity.

He went on to explain that this gives Iraq the characteristics of a “middle state,” which the report described as a state whose influence stems from its ability to stay connected to competing political, economic, and security networks while helping to shape how those networks interact.

But the report warned that the challenge for Iraq is whether it can turn this connection into a national advantage without allowing external competition to override government decision-making.

The report added that the most pressing challenge is strengthening state authority, which will be tested by whether al-Zaydi can bring armed groups under the government’s control.

The report concluded by saying that China is unlikely to back down from the Iraqi market, where it has become a major trading partner and infrastructure investor, while the Gulf states will continue to seek a more stable and economically integrated Iraq, and Washington will still want a partner capable of resisting destabilizing pressures, not to mention helping to counterbalance China.

He concluded by saying that “the challenge facing Baghdad is to manage these overlapping relationships while ensuring that external partnerships enhance Iraqi sovereignty rather than restrict it.”

Shafaq.com

The Iraqi government issues new decisions

The Iraqi government issued new decisions on Tuesday (July 21, 2026), including voting to terminate the assignment of the head of the Federal Public Service Council and his deputy. ForeignInvestment Guide

The Prime Minister’s Media Office stated in a statement that “Prime Minister Ali Faleh Al-Zaidi chaired the eleventh regular session of the Council of Ministers on Tuesday evening, during which developments in the country were discussed, the topics on the agenda were reviewed, and the necessary directives and decisions were made regarding them.”

The Prime Minister opened the session by referring to the recent meeting held by the Coordination Framework, which witnessed broad support for the government and its anti-corruption measures, and the confirmation by the leaders of the Framework and the rest of the political forces that they would not protect any corrupt person.

In his directives to the ministers, he stressed the need to identify and dismiss any undersecretary or director-general suspected of corruption, because government procedures will hold the minister concerned responsible for the continued presence of the director-general or undersecretary suspected of corruption in his position.

As part of the government’s efforts to provide services to visitors during the Arbaeen pilgrimage, the Council of Ministers approved the allocation of (52.5) ​​billion dinars to the relevant authorities and holy shrines, and the rental of (2400) buses to transport visitors, in addition to government cars and buses, with the aim of preparing means of transportation for the return journey after the end of the pilgrimage.

To secure the needs of the energy sector, the Council approved authorizing the State Oil Marketing Company (SOMO) to import gas oil products for the benefit of the Ministry of Electricity.

The Cabinet voted to approve that the Basra Municipality transfer ownership of the residential units in (Al-Rahab Residential Complex) to the beneficiaries, and in the event of a sale price, it must be paid by the investor, provided that the Basra Governorate conducts an administrative investigation against those who are negligent, and ensures that there is no damage to public funds.

In order to strengthen contract controls, the Council approved amending its Resolution (126 of 2026) to include not renewing the letter of guarantee for good performance of all contracts, in the event that there are undisbursed entitlements with a value greater than the letter of guarantee, with the contracting parties retaining these amounts and not disbursing them except in accordance with the approved mechanisms.

With the aim of ensuring the regulation of the management of electricity generators, the Cabinet voted to obligate all government institutions and governorates to register government and private generators on the central generator management platform that was launched on the national platform.

To strengthen environmental control mechanisms, the Council approved the issuance of the draft First Amendment to the Ozone Depleting Substances Control System (5 of 2012), based on the Environmental Improvement Law (27 of 2009).

In the environmental sector as well, the Cabinet authorized the Minister of Environment, or whomever she authorizes, to negotiate and sign the letter of the Ministry of Environment and the United Nations World Food Programme regarding joint financing within a project funded by the Green Climate Fund entitled (Strengthening climate-resilient livelihoods for people suffering from food insecurity in southern Iraq).

To enhance bilateral cooperation and partnerships, the Minister of Trade, or his designee, was authorized to negotiate and sign three draft agreements for economic, trade, scientific, technical and cultural cooperation between Iraq and Turkmenistan, Slovenia and Romania.

The Council voted to terminate the assignment of the Chairman of the Federal Public Service Council and his deputy from their positions, in accordance with the State Council’s decision (68 of 2026), and to withdraw the previous recommendation from the Iraqi Parliament, provided that the Integrity Commission takes the necessary measures regarding the violations mentioned in the minutes and recommendations of the audit team.

Burathanews.com

Exclusive: Washington awaits “bold decisions” from Baghdad to implement new partnerships

Safwan Al-Amin, a researcher at the Atlantic Council, described on Tuesday the recent visit of Iraqi Prime Minister Ali Faleh Al-Zaidi to America as very successful in demonstrating US support for the new Iraqi government. WashingtonNews Updates

In a statement to Shafaq News Agency, the Secretary General commented on the dimensions and outcomes of the visit, noting a mutual desire to build a stronger relationship between the two sides, particularly in the economic field.

The Secretary explained that “the success of this approach and the shift in the course of the relationship with Washington remains conditional on the ability of the concerned parties to dismantle a number of complex challenges at both the internal and external levels.”

In analyzing how to balance this external openness with internal threats, the researcher noted that “American support, if translated into concrete steps on the ground, will undoubtedly contribute to enhancing the government’s chances of success.”

He added that “this support alone will not be enough to overcome the existing obstacles, as it primarily requires a decisive decision and internal political will that is agreed upon by the majority of the active forces in the Iraqi scene.”

Al-Zaidi and the high-level delegation accompanying him concluded last Saturday a five-day official visit to the United States of America, which focused on launching a comprehensive and diversified economic partnership to support the Iraqi economy, expand investment opportunities, revitalize the local labor market, as well as enabling Iraq to open new outlets for exporting crude oil and increase production and refining capacities.

The coordinating framework that brings together the Shiite forces in Iraq announced yesterday, Monday, its support for the results of Prime Minister Ali Faleh al-Zubaidi’s visit to the United States, and its support for the government in implementing the agreements and understandings concluded with Washington.

Shafaq.com

The Development Fund: Provides investment opportunities for the production of goods domestically valued at $40 billion.

The Iraqi Development Fund revealed on Tuesday that there are investment opportunities to produce goods worth $40 billion inside Iraq instead of importing them. The head of the fund, Muhammad al-Najjar, told the official agency that “the amount held by the fund is an investment amount, and is not allocated for use in the budgets,” explaining that “most of the budget items represent expenditures that are not expected to bring a return to the state, while the fund’s money is directed to investment projects that generate benefits and profits for the state, and then these returns are reinvested in other projects.” IraqPolitics Report

He added that “the fund represents one of the most important tools for continuing to build the alternative economy, especially in light of the failure to approve this year’s budget, and the circumstances that Iraq is going through due to the war and the cessation of oil exports. Therefore, the fund can be the spearhead in this direction,” noting that “the budget is concerned with spending, while the fund is concerned with investment, and there is a big difference in the method and way of thinking between them.”

He also explained that “the Fund has a Board of Directors consisting of the Minister of Finance, the Minister of Planning, and the Minister of Construction and Housing, and is chaired by the Prime Minister. The first meeting of the Board has not yet been held after the formation of the current government, because the previous Board of Directors stopped working due to the change in government,” noting that “the Board of Directors is the body that sets policies or adopts the policies presented by the Fund’s executive management.”

He stressed that “these policies have already been prepared and are awaiting the first meeting of the council for their adoption, and they are in complete line with the state’s direction towards finding alternatives to the rentier economy.”

He pointed out that “the talk about investment opportunities can be measured by the volume of annual Iraqi imports,” noting that “Iraq today imports most of its needs, and this means there is an opportunity to produce a large percentage of them locally, with the exception of some goods,” noting that “there are investment opportunities to produce goods worth $40 billion inside Iraq instead of importing them.” He continued: “If these imports are turned into local factories and investments, supported by international investments, this will contribute to reducing the burden of imports, and more importantly, it will provide job opportunities and launch a real development process,” explaining that “Iraq needs investment in various sectors.”

Burathanews.com

The Prime Minister’s advisor: Adopting the borrowing and grants law does not represent a permanent alternative to the budget.

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Tuesday that the adoption of the borrowing and grants law is a temporary measure to ensure the continuation of spending until the budget is approved, and does not represent a permanent alternative to the general budget. He pointed out that the volatility of oil prices and the expansion of expenditures reinforce the need for borrowing to cover the deficit and secure the necessary financing. Salih told the official news agency that “if the borrowing and grants law is adopted as an alternative to the budget law, the government will resort to a temporary financing mechanism that allows it to continue to cover basic expenditures and fulfill its financial obligations until the general budget is approved.”

He added that “this mechanism includes domestic borrowing through the issuance of treasury bills or bonds subscribed to by local banks and financial institutions, and may also include external borrowing from international financial institutions or donor countries, as well as benefiting from international grants provided by regional and international bodies to finance specific projects or sectors.”

He explained that “the nature of financing is not necessarily limited to domestic borrowing, but is determined according to the size of financing needs, the availability of liquidity, the cost of borrowing, and the legal framework that allows the government to use these tools.”

He also pointed out that “resorting to this option instead of passing the budget law is often linked to the delay in the budget and the resulting lack of the necessary legal cover for government spending, which pushes the government to look for temporary financing tools that ensure the continued payment of salaries, the financing of public services, and the implementation of urgent financial obligations,” indicating that “weak liquidity or a decrease in public revenues, especially in light of fluctuating oil prices and the expansion of expenditures, may be an additional factor that reinforces the need to borrow to cover the deficit and secure the necessary financing.”

He also pointed out that “adopting the borrowing and grants law is not a permanent alternative to the budget, but rather represents an exceptional and temporary measure aimed at ensuring the continuity of the work of state institutions until the completion of the constitutional and legislative procedures for approving the general budget.”

Burathanews.com

The Coordination Framework announces its support for the results of Al-Zaidi’s visit to Washington and its backing of the government.

The Coordination Framework announced on Monday its support for the results of Prime Minister Ali al-Zaidi’s visit to Washington, stressing its support for the government in implementing the agreements.

A statement from the framework read, “The Coordination Framework held its 284th regular meeting this evening, Monday, in the presence of Prime Minister Ali al-Zubaidi and the leaders of the Coordination Framework. The attendees listened to a detailed presentation by the Prime Minister regarding the results of his recent official visit to the United States of America, the meetings he held with American officials, and the understandings and agreements that resulted from the visit in a number of sectors that serve the higher interests of Iraq.” IraqPolitics Report

The Coordination Framework expressed its support for the results of the visit and its backing of the government in implementing the agreements and understandings reached, which will enhance Iraq’s international standing, preserve its sovereignty and independence of national decision-making, contribute to developing its economic and security capabilities, attract investments, achieve sustainable development, and provide job opportunities for citizens.

According to the statement, the coordination framework discussed the government measures taken in the field of combating corruption, stressing its continued full support for the government, the judiciary, and the Integrity Commission in pursuing corruption, protecting public funds, recovering looted funds, and holding those involved accountable in accordance with the law, emphasizing that the framework will not provide political cover for any person proven by the competent judicial authorities to be involved in corruption cases.

The coordinating framework stressed the importance of adhering to legal and judicial contexts and including all those involved, regardless of their affiliation, to ensure the integrity of the anti-corruption campaign. The framework also discussed the overall situation in the country, enhancing political and security stability, improving the level of services, and addressing economic and social challenges, in order to meet the aspirations of citizens, according to the statement.

Burathanews.com

Parliamentary Finance Committee: The move to legislate the 2026 borrowing and grants law due to the failure to approve the budget.

The head of the parliamentary finance committee, Uday Awad, confirmed on Monday that the House of Representatives is moving towards legislating the draft law on borrowing and grants for the year 2026, in light of the absence of a general budget law.

Awad told the official news agency that “the parliamentary finance committee and parliament are moving towards legislating the draft law on borrowing and grants for the year 2026 due to the absence of a budget.”

He added, “The lack of a legal cover for borrowing prompted the submission of a proposal to legislate a borrowing law, which was discussed with the Minister of Finance, Faleh Al-Sari, and officials, and we are now in the process of legislating the law.”

He explained that “the Minister of Finance, Falih Sari, will submit the proposal to the Finance Committee to adopt the legislation of the law,” indicating that “internal borrowing is financed by the Central Bank, while external borrowing is from countries or the World Bank.”

He pointed out that “the law will grant the government the authority to seek loans, and there are many countries from which it can borrow, in addition to the Central Bank of Iraq,” noting that “the House of Representatives will, through the law, grant the Council of Ministers and the Minister of Finance the authority to borrow in order to secure the payment of salaries and run the affairs of the state.” ForeignInvestment Guide

Burathanews.com