Iraq Economic News and Points To Ponder Monday Afternoon 7-13-26
Iraq Is At The Top Of Jordanian Export Importers With 323 Million Dinars
Money and business Economy News – Baghdad Iraq topped the list of countries importing from Jordan, in terms of the value of exports issued through the certificates of origin issued by the Amman Chamber of Commerce during the first half of this year, recording imports amounting to about 323 million Jordanian dinars.
According to statistical data of the Amman Chamber of Commerce, the value of certificates of origin issued by the Chamber for the export of goods and goods to Arab and foreign countries during the first six months of 2026 amounted to about 768 million Jordanian dinars, an increase of 25.2 percent compared to the same period in 2025, which recorded 613 million Jordanian dinars.
It is noteworthy that every 100 dollars, equal to approximately 70 Jordanian dinars.
The data showed that Iraq came at the forefront of the largest importing countries by value, with a value of about 323 million Jordanian dinars through 1343 certificates of origin, ahead of Switzerland, which reached the value of Jordan's exports to 92 million dinars, then the UAE with 57 million dinars, Saudi Arabia with 43 million dinars, and Egypt with 40 million dinars.
The number of certificates of origin issued during the first half of this year reached 20,548 certificates, compared to 18,354 certificates during the same period last year, an increase of 12 percent.
The Jordanian and foreign exports re-exported through certificates of origin included foreign products worth 361 million dinars, in addition to agricultural exports worth 103 million dinars, industrial exports of 99 million dinars, and an Arab origin of about 79 million dinars https://www.economy-news.net/content.php?id=71258
Continued Works Of The Double Line Of The Baghdad-Karbala Railway
Money and business Economy News – Baghdad The Director General of the General Company for Iraqi Railways, Makki Jaber, confirmed the continuation of the work of the project of the double line Baghdad - Karbala clip Youssefia Mahmoudia, who will enter the service during the next 40th visit
The general manager said that the line will contribute to increasing the number of daily flights and reducing the time of each of them, as well as contributing to the absorption of larger numbers during million visits
Jaber explained that the operation of the dual line allows simultaneous movement of trains in both directions without the need to stop to make way for the passage of the corresponding trains, which is reflected in the flow of operation and commitment to flight schedules https://www.economy-news.net/content.php?id=71265
Parliament Is Preparing To Introduce The Law Of "First Housing" To Provide Housing For Every Iraqi Family
Money and business Economy News — Baghdad The House of Representatives is preparing to put forward a proposal for a law called "first housing", which aims to oblige the federal government and local governments to provide first housing for each Iraqi family.
The head of the Finance Committee, Uday al-Tamimi, said in a statement to the official newspaper that "the committee is working on the preparation of the proposal of the law (first housing), which aims to oblige the federal government and local governments to provide first housing for each Iraqi family," noting that "the proposal will be presented soon to public opinion to see its details and objectives."
In the file of anti-corruption, Tamimi stressed that "the House of Representatives continues to activate its supervisory role through interrogations and parliamentary questions and hosting officials," adding that "the next stage will witness the opening of new files related to corruption cases, foremost of which is the port file," stressing "the need to deal with it transparently and inform the public of the results of investigations, as well as review other files belonging to previous governments, as one of the priorities of supervisory work during the next phase. "
He pointed out that "the campaign to combat corruption enjoys broad popular support," pointing out that "the Constitution guarantees the rights of any accused until proven guilty in accordance with due process, but this does not conflict with the further prosecution of corruption files and accountability of negligent according to the law."
Al-Tamimi stressed that "the House of Representatives will continue to perform its supervisory duty in order to enhance the protection of public money and consolidate the principles of transparency and accountability." https://www.economy-news.net/content.php?id=71302
Zaidi leaves Baghdad for Washington
Money and business Economy News _ Baghdad Prime Minister Ali Faleh al-Zaidi left Baghdad at dawn on Monday for the United States on an official visit to a large government and economic delegation.
The dialogues and meetings that will be held during Zaidi’s visit to Washington will be based on the strategic framework agreement between Iraq and the United States, and will focus on enhancing cooperation in a number of issues, most notably energy, economy, investment, development and education.
It will also include the meetings of the Iraqi Prime Minister with members of the US Congress, in addition to his participation in a Gulf conference in the US capital to discuss the repercussions of the Iranian war. https://www.economy-news.net/content.php?id=71297
Al-Zaidi: Washington's Visit Aims To Consolidate Iraq As A Reliable Economic Partner
Money and business Economy News – Baghdad Prime Minister Ali al-Zaidi said on Monday that his visit to Washington aims to consolidate the status of Iraq as a reliable economic partner.
Al-Zaidi said in a blog post on the (X) platform: "Today we are heading to Washington, at the head of a government and economic delegation, determined to translate the strength of Iraqi-American relations into real economic and investment partnerships, which open wider horizons for cooperation in energy, technology, infrastructure, the digital economy, and financing partnerships."
He added: "Our goal is clear, which is to attract investments, transfer expertise, diversify the economy, and create job opportunities, in a way that enhances the development process, and consolidates Iraq's position as a reliable partner and an active element in the stability and prosperity of the region https://www.economy-news.net/content.php?id=71309
Finance Of Kurdistan: Depositing The Financing Of June Salaries And Starting Distribution After The Completion Of Procedures
Money and business Economy News – Baghdad The Ministry of Finance and Economy in the Kurdistan Regional Government announced on Monday the deposit of the financing of June salaries in its bank account, stressing that the distribution of salaries will begin after the completion of financial procedures and receipt of the amount from the Central Bank of Iraq.
The ministry said in a statement that the amount of 841 billion and 161 million dinars was deposited in the bank account of the Ministry of Finance and Economy with the branch of Erbil of the Central Bank of Iraq, to finance the salaries of employees and salary earners in the Kurdistan region.
She added that, as of last month, the Federal Ministry of Finance deducted 120 billion dinars from the total funding, as the share of the federal treasury of non-oil revenues of the region for the month of June.
The ministry explained that the Federal Ministry of Finance also did not send the amount of 3 billion and 326 million and 931 thousand dinars from the financing of the salaries of June, indicating that this amount represents the benefits of the salaries of the previous months for civilian and military retirees.
The ministry confirmed that after completing the procedures and receiving the amount in cash from the Erbil branch of the Central Bank of Iraq, the list of salaries will be published, and the distribution of June salaries will begin as soon as possible
https://www.economy-news.net/content.php?id=71323
Iraq 8th Arab in Foreign Investments for 2025
Money and business Economy News – Baghdad A ranking issued by the United Nations Conference on Trade and Development (UNCTAD) showed that Iraq ranked eighth in the Arab world in terms of FDI inflows during 2025.
According to the United Nations Conference on Trade and Development (UNCTAD) - The World Investment Report 2026, Iraq ranked eighth in the Arab world among the largest Arab countries receiving foreign direct investment during 2025, after recording investment flows of 0.4 billion dollars.
The UAE topped the Arab list with foreign direct investment of $ 63 billion, followed by Kuwait with $ 36 billion, followed by Saudi Arabia with $ 27 billion, while Qatar came in fourth place with $3.3 billion.
The rest of the list included Morocco with investments of $ 0.8 billion, Egypt $ 0.7 billion, Bahrain $ 0.6 billion, Iraq $ 0.4 billion, Lebanon $ 0.3 billion, and finally Oman with $ 0.2 billion https://www.economy-news.net/content.php?id=71312