Latest news with #Al-Maliki


Shafaq News
30-04-2025
- Politics
- Shafaq News
Shiite Coordination Framework cracks wide open ahead of Iraq 2025 Vote
Shafaq News/ Six months ahead of Iraq's scheduled parliamentary elections on November 11, 2025, the Shiite Coordination Framework (CF), once unified under a common platform, is showing visible cracks. Despite previous electoral successes, internal disagreements, ambitions, and strategic recalculations have led its main factions to prepare to contest the elections separately — a move that reflects both political pragmatism and deep-seated rivalries. Framework's Position after 2021 In the October 2021 elections, the Shiite Coordination Framework — a coalition of major Shiite forces — managed to recover politically after an initially poor showing. While the Sadrist Movement emerged as the largest Shiite bloc with 73 seats, the Framework — after judicial interventions and post-election alliances — ultimately secured a dominant role in shaping the government, particularly following Muqtada al-Sadr's withdrawal from the political process. Major Framework components, including the State of Law Coalition led by Nouri al-Maliki, the Fatah Alliance led by Hadi al-Amiri, and other smaller Shiite parties, consolidated enough influence to form a governing alliance. Their combined strength, supported by allied independents, gave them considerable leverage in parliamentary votes, despite not having initially won a majority at the polls. A Shifting Electoral Strategy in 2025 Now, as the November 2025 elections approach, the dynamics inside the Framework have shifted dramatically. Rather than contesting under a single electoral umbrella, the Framework forces plan to participate through multiple separate lists — a strategy driven by a mixture of financial disputes, political positioning, and efforts to maximize overall seat gains. A senior source told Shafaq News that the recent withdrawal of the Iraq Hawks Movement (Harakat Suqoor al-Iraq), led by Qasim al-Daraji, from Al-Maliki's State of Law Coalition was primarily due to funding disagreements. According to the source, the movement had expected financial backing from Al-Maliki himself, which ultimately failed to materialize, prompting the split. This rift is symptomatic of a broader trend: within the Shiite house (al-beit al-Shi'i), electoral preparations are now focused on establishing distinct lists to allow each faction to measure its true electoral weight and negotiate from a position of strength after the polls. New Electoral Lineups The emerging electoral map within the Framework includes: -The State of Law Coalition: Led by Nouri al-Maliki, this list will encompass the Daawa Party (headed by Al-Maliki), the Bashair Movement (headed by Yasser al-Maliki), and the Al-Nahj Al-watani Party (headed by Ahmad Al-Rabiee) -Al-Furatain List: Headed by Prime Minister Mohammed Shia al-Sudani, it will include the Sanad Bloc led by Labor and Social Affairs Minister Ahmed al-Asadi and the Ataa Movement led by Popular Mobilization Commission (PMC) chief Faleh al-Fayyad. -Victory Alliance (Nasr): Led by former Prime Minister Haider al-Abadi, in cooperation with Ammar al-Hakim's Wisdom Movement (Al-Hikma) and several independent political actors. -Asaib Ahl al-Haq: The powerful armed and political faction led by Qais al-Khazali is preparing to run on a separate list, although discussions are ongoing about potential alignments with other minor forces. According to Shafaq sources, this strategy reflects an attempt to avoid the intra-list competition and fragmentation that plagued previous elections under unified banners. Collapse of the "Qarar" Alliance Further complicating matters is the unraveling of the Qarar Alliance (Decision), an attempted unification project led by Al-Sudani and Hadi al-Amiri of the Fatah Alliance. Initially envisioned as a comprehensive front to contest the elections jointly, the alliance faltered due to differences between the two leaders, reportedly over the leadership of the Popular Mobilization Forces (PMF) and disagreements regarding the stalled PMF law in Parliament. Negotiations with Ahmed al-Asadi, leader of the Sanad Bloc, also broke down, further scattering the once-projected alliance into separate electoral trajectories. Motivations Behind the Division According to observers, several factors underlie the decision by Framework forces to splinter into multiple electoral lists: -Maximizing Seats: By contesting separately, the Framework factions hope to widen their overall parliamentary footprint. Fragmented lists could appeal to different Shiite constituencies and reduce vote wastage under Iraq's semi-open list electoral system. -Internal Power-Balancing: Running separately allows each faction to assess its real political strength in terms of votes and seats, thus reshaping the post-election negotiations based on actual popular support rather than presumptive power-sharing formulas. -Flexibility in Coalition Building: A post-election merger of winning Shiite lists into a broader governing alliance would provide more leverage during cabinet formation talks. As one Framework source put it, 'Forming alliances after results allows each party to know its weight and public base.' Risks and Uncertainties However, the division strategy is not without risks. Competing lists could split the Shiite vote in several constituencies, potentially benefiting non-Framework parties or independent candidates, especially in Baghdad and southern provinces. Additionally, coordination failures could leave some Framework parties underperforming, weakening the Shiite bloc's ability to secure a comfortable parliamentary majority. Moreover, the Framework's historical rival, the Sadrist Movement (currently the Patriotic Shiite Movement), while currently boycotting political life, remains a wildcard. A sudden return by Al-Sadr or an alliance of independents and smaller parties could disrupt the Framework's plans.


Gulf Insider
29-04-2025
- Business
- Gulf Insider
Saudi Arabia: Bankruptcy Committee Handles 16 Court Decisions To Resolve Defaults Of Medical, Aviation, And Car Rental Companies
The Bankruptcy Committee has received 16 judicial decisions issued by five commercial courts with regard to liquidation, financial restructuring, and administrative liquidation lawsuits during the last one month period. Okaz/Saudi Gazette has learned from sources that the commercial courts in Riyadh, Dammam, Madinah, Jeddah, and Abha have issued decisions regarding the rescheduling of bad debts, addressing any financial or administrative difficulties, and protecting creditors' assets. The Bankruptcy Committee is examining decisions issued for medical, operation, and maintenance companies, construction and development companies, contracting and aviation companies, minerals materials companies, a medical complex, and engineering companies, as well as contracting, industrial, and industrial mineral materials companies, and a car rental company. According to the sources, the Bankruptcy Committee announced the names of a number of creditors who could not be notified due to the lack of contact information and a lack of response. These creditors include three government entities. In sessions held virtually, the Bankruptcy Committee announced to creditors that commercial courts in Riyadh, Dammam, Madinah, Jeddah, and Abha had issued rulings initiating administrative liquidation procedures, and financial restructuring procedures, as appropriate, for each company. The Bankruptcy Committee called on creditors to submit their claims within a period not exceeding 60 days. Creditors should submit their claims against the debtor using the claims service on the committee's website, ensuring that the creditor's claim form is completed, signed, and attached to the claim documents. The Bankruptcy Committee has initiated procedures to enable bankrupt or distressed debtors, or those expected to suffer financial distress, to benefit from procedures to regulate their financial situation and resume their activities, while respecting the rights of creditors. Several court rulings have been issued initiating administrative liquidation procedures, financial restructuring, debt rescheduling, and other rulings appointing trustees to conduct the liquidation of distressed companies. Lawyer Saad Misfer Al-Maliki said that the Bankruptcy Law is formulated as part of the legislative measures to safeguard rights and improve the investment environment in general. He said that the law aims to regulate procedures, including preventive settlement, financial restructuring, liquidation, preventive settlement for small debtors, financial restructuring for small debtors, liquidation for small debtors, and administrative liquidation. The Bankruptcy Law defines a bankrupt person as a debtor whose debts have consumed all of his assets. A defaulter is defined as a debtor who has failed to pay a debt on its due date. Al-Maliki said that the law stipulates the formation of a committee called the Bankruptcy Committee, which enjoys financial and administrative independence. It is responsible for establishing, maintaining, and managing the bankruptcy registry, licensing bankruptcy trustees and experts in accordance with the regulations, preparing a list of bankruptcy trustees and experts, and issuing regulatory rules, inspections, and verifications related to any bankruptcy procedures. Al-Maliki explained that the law has identified four main procedures aimed at achieving its overall objectives. The first is the preventive settlement procedure, which aims to facilitate the debtor's reaching an agreement with his creditors to settle debts, while the debtor retains control over his business. The second procedure is the financial restructuring procedure, which aims to facilitate the debtor's reaching an agreement with his creditors to restructure his business financially under the supervision of a financial restructuring trustee. The third is the liquidation procedure, which aims to limit creditors' claims, sell the bankruptcy assets, and distribute the proceeds to creditors under the management of a liquidation trustee. The fourth procedure aims to sell bankruptcy assets whose sale is not expected to generate sufficient proceeds to meet the costs of the liquidation procedure.


Zawya
29-04-2025
- Business
- Zawya
Saudi: Bankruptcy Committee handles 16 court decisions to resolve defaults
RIYADH — The Bankruptcy Committee has received 16 judicial decisions issued by five commercial courts with regard to liquidation, financial restructuring, and administrative liquidation lawsuits during the last one month period. Okaz/Saudi Gazette has learned from sources that the commercial courts in Riyadh, Dammam, Madinah, Jeddah, and Abha have issued decisions regarding the rescheduling of bad debts, addressing any financial or administrative difficulties, and protecting creditors' assets. The Bankruptcy Committee is examining decisions issued for medical, operation, and maintenance companies, construction and development companies, contracting and aviation companies, minerals materials companies, a medical complex, and engineering companies, as well as contracting, industrial, and industrial mineral materials companies, and a car rental company. According to the sources, the Bankruptcy Committee announced the names of a number of creditors who could not be notified due to the lack of contact information and a lack of response. These creditors include three government entities. In sessions held virtually, the Bankruptcy Committee announced to creditors that commercial courts in Riyadh, Dammam, Madinah, Jeddah, and Abha had issued rulings initiating administrative liquidation procedures, and financial restructuring procedures, as appropriate, for each company. The Bankruptcy Committee called on creditors to submit their claims within a period not exceeding 60 days. Creditors should submit their claims against the debtor using the claims service on the committee's website, ensuring that the creditor's claim form is completed, signed, and attached to the claim documents. The Bankruptcy Committee has initiated procedures to enable bankrupt or distressed debtors, or those expected to suffer financial distress, to benefit from procedures to regulate their financial situation and resume their activities, while respecting the rights of creditors. Several court rulings have been issued initiating administrative liquidation procedures, financial restructuring, debt rescheduling, and other rulings appointing trustees to conduct the liquidation of distressed companies. Lawyer Saad Misfer Al-Maliki said that the Bankruptcy Law is formulated as part of the legislative measures to safeguard rights and improve the investment environment in general. He said that the law aims to regulate procedures, including preventive settlement, financial restructuring, liquidation, preventive settlement for small debtors, financial restructuring for small debtors, liquidation for small debtors, and administrative liquidation. The Bankruptcy Law defines a bankrupt person as a debtor whose debts have consumed all of his assets. A defaulter is defined as a debtor who has failed to pay a debt on its due date. Al-Maliki said that the law stipulates the formation of a committee called the Bankruptcy Committee, which enjoys financial and administrative independence. It is responsible for establishing, maintaining, and managing the bankruptcy registry, licensing bankruptcy trustees and experts in accordance with the regulations, preparing a list of bankruptcy trustees and experts, and issuing regulatory rules, inspections, and verifications related to any bankruptcy procedures. Al-Maliki explained that the law has identified four main procedures aimed at achieving its overall objectives. The first is the preventive settlement procedure, which aims to facilitate the debtor's reaching an agreement with his creditors to settle debts, while the debtor retains control over his business. The second procedure is the financial restructuring procedure, which aims to facilitate the debtor's reaching an agreement with his creditors to restructure his business financially under the supervision of a financial restructuring trustee. The third is the liquidation procedure, which aims to limit creditors' claims, sell the bankruptcy assets, and distribute the proceeds to creditors under the management of a liquidation trustee. The fourth procedure aims to sell bankruptcy assets whose sale is not expected to generate sufficient proceeds to meet the costs of the liquidation procedure. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (


Saudi Gazette
28-04-2025
- Business
- Saudi Gazette
Bankruptcy Committee handles 16 court decisions to resolve defaults of medical, aviation, and car rental companies
Okaz/Saudi Gazette RIYADH — The Bankruptcy Committee has received 16 judicial decisions issued by five commercial courts with regard to liquidation, financial restructuring, and administrative liquidation lawsuits during the last one month period. Okaz/Saudi Gazette has learned from sources that the commercial courts in Riyadh, Dammam, Madinah, Jeddah, and Abha have issued decisions regarding the rescheduling of bad debts, addressing any financial or administrative difficulties, and protecting creditors' assets. The Bankruptcy Committee is examining decisions issued for medical, operation, and maintenance companies, construction and development companies, contracting and aviation companies, minerals materials companies, a medical complex, and engineering companies, as well as contracting, industrial, and industrial mineral materials companies, and a car rental company. According to the sources, the Bankruptcy Committee announced the names of a number of creditors who could not be notified due to the lack of contact information and a lack of response. These creditors include three government entities. In sessions held virtually, the Bankruptcy Committee announced to creditors that commercial courts in Riyadh, Dammam, Madinah, Jeddah, and Abha had issued rulings initiating administrative liquidation procedures, and financial restructuring procedures, as appropriate, for each company. The Bankruptcy Committee called on creditors to submit their claims within a period not exceeding 60 days. Creditors should submit their claims against the debtor using the claims service on the committee's website, ensuring that the creditor's claim form is completed, signed, and attached to the claim documents. The Bankruptcy Committee has initiated procedures to enable bankrupt or distressed debtors, or those expected to suffer financial distress, to benefit from procedures to regulate their financial situation and resume their activities, while respecting the rights of creditors. Several court rulings have been issued initiating administrative liquidation procedures, financial restructuring, debt rescheduling, and other rulings appointing trustees to conduct the liquidation of distressed companies. Lawyer Saad Misfer Al-Maliki said that the Bankruptcy Law is formulated as part of the legislative measures to safeguard rights and improve the investment environment in general. He said that the law aims to regulate procedures, including preventive settlement, financial restructuring, liquidation, preventive settlement for small debtors, financial restructuring for small debtors, liquidation for small debtors, and administrative liquidation. The Bankruptcy Law defines a bankrupt person as a debtor whose debts have consumed all of his assets. A defaulter is defined as a debtor who has failed to pay a debt on its due date. Al-Maliki said that the law stipulates the formation of a committee called the Bankruptcy Committee, which enjoys financial and administrative independence. It is responsible for establishing, maintaining, and managing the bankruptcy registry, licensing bankruptcy trustees and experts in accordance with the regulations, preparing a list of bankruptcy trustees and experts, and issuing regulatory rules, inspections, and verifications related to any bankruptcy procedures. Al-Maliki explained that the law has identified four main procedures aimed at achieving its overall objectives. The first is the preventive settlement procedure, which aims to facilitate the debtor's reaching an agreement with his creditors to settle debts, while the debtor retains control over his business. The second procedure is the financial restructuring procedure, which aims to facilitate the debtor's reaching an agreement with his creditors to restructure his business financially under the supervision of a financial restructuring trustee. The third is the liquidation procedure, which aims to limit creditors' claims, sell the bankruptcy assets, and distribute the proceeds to creditors under the management of a liquidation trustee. The fourth procedure aims to sell bankruptcy assets whose sale is not expected to generate sufficient proceeds to meet the costs of the liquidation procedure.


Shafaq News
15-04-2025
- Politics
- Shafaq News
Iraqi MP: PM's officer disrupts parliament sessions, breaking quorum
Shafaq News/ Political factions and a senior government employee are intentionally sabotaging Iraqi Parliament's sessions to block discussions on proposed amendments to the Election Law, an MP said on Tuesday. Speaking at a press conference, independent lawmaker Raed al-Maliki accused an employee in the Prime Minister Mohammed Shia al-Sudani's office of orchestrating the disruptions by repeatedly breaking quorum and halting proceedings. The lawmaker also pointed out the absence of any mention of the Election Law in the session minutes, despite ongoing interruptions, warning that the disruptions could continue until May 12, under the pretext of preparing for the Parliamentary Union Conference. Al-Maliki highlighted the damaging effects these delays were having on the Iraqi people's interests, with several important laws, including the Ministry of Education amendments, still stalled. 'Linking everything to politics and elections is both unjustifiable and unacceptable,' he declared. Blaming the Parliament's leadership and political bloc heads for the situation, Al-Maliki accused them of showing a double standard by agreeing to the disruptions before later questioning the validity of the sessions. He described the current parliamentary leadership as 'the weakest since the founding of Parliament,' expressing concerns that legislative terms might shift from serving the people's needs to becoming networks for businessmen and traders.