Tag Archives | United States

Iraq gets new Sanctions Waiver to buy Iranian Energy

By John Lee. The Trump administration has reportedly granted Iraq a further 90-day extension to the waiver exempting it from US sanctions on Iran. CNBC quotes a senior State Department official as saying on condition of anonymity: “While this waiver is intended to help Iraq mitigate energy shortages, we continue to discuss our Iran-related sanctions […]

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QSC announces New Distribution Partner in Iraq

By John Lee. US-based QSC has announced that GSL Professional will begin distributing QSC Systems and Live Sound portfolios in the GCC (Gulf Cooperation Council) region, including Iraq, beginning 1 July 2019. Ron Marchant, Senior Director Sales Management, QSC EMEASA, said: “As QSC continues to expand the Q-SYS Ecosystem and Live Sound portfolio and focus […]

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US-Iraq Security Partnership: Avoiding the Pitfalls

A U.S.-Iraq Security Partnership: Avoiding the Pitfalls Just Ahead The dust of last year’s final campaign to destroy the Islamic State “caliphate” had hardly settled before talk of expelling U.S. forces began to circulate in Iraq’s newly seated Council of Representatives (COR), according to a report from The Washington Institute for Near East Policy: “This […]

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California Firm Awarded $17m Iraq Contract

By John Lee. AeroVironment Inc., of Simi Valley, California, has been awarded a $17,356,084 firm-fixed-price Foreign Military Sales (Iraq) contract for Puma AE II C-Code International Digital Data Link systems. One bid was solicited with one bid received. Work will be performed in Simi Valley, California, with an estimated completion date of Oct. 18, 2021. […]

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US gives another $18m in Aid to Iraq

By John Lee. At the Third Brussels Conference on “Supporting the Future of Syria and the Region” on Thursday, the United States announced more than $397 million in additional humanitarian assistance for the people of Syria as part of the Regional Refugee and Resilience Plan for 2019-2020. According to a State Department announcement, more than […]

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Rouhani in Baghdad seeks Outlets against US Sanctions

By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iranian President Hassan Rouhani arrived in Baghdad on March 11 amid his government’s efforts to expand ties with Iraq to reduce the impact of US sanction on Iran’s economy. Prior to departing Tehran, Rouhani remarked, “[Iran’s ties with Iraq] […]

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Video: Will sanctions affect Iran-Iraq Economic Relations?

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. How will US sanctions affect Iran-Iraq economic relations? The Trump administration is giving Iraq a few more months to continue buying oil and electricity from neighbouring Iran before the United States enforces sanctions […]

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US Sanctions Radical Militia Group

By John Lee. The United States Treasury Department has sanctioned Harakat Hezbollah al Nujaba, a radical Muslim militia group of about 10,000 fighters, as well as its leader Akram Kaabi. The full statement from the​ Office of Foreign Assets Control (OFAC)  can be read here. (Source: US Treasury Department)

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GE Provides Turbine for Al Qudus Power Plant

GE Power has announced that it has provided an advanced 9E gas turbine to Iraq’s Al Qudus Power Plant. The company will also service up to seven GE 9E gas turbines at the facility throughout 2019, including maintenance, supply of parts and rehabilitation. GE is installing the new gas turbine at the site and it […]

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Fulbright Teaching Excellence and Achievement Program (FTEA)

The U.S. Embassy in Baghdad is pleased to announce that the application period for the 2019-2020 Fulbright Teaching Excellence and Achievement Program (FTEA) is now open until March 15, 2019. This program will provide Iraqi secondary-school teachers the opportunity to spend six weeks at a host institution in the United States to observe classrooms and […]

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GE, Siemens Electricity Deals “in Doubt”

By John Lee. The Financial Times has reported that the recently-agreed electricity deals with Siemens and General Electric (GE) are not certain to be approved. It quotes Minister for Electricity Luay Al-Khatteeb (pictured) as saying: “I don’t have financial allocations or the processes available at hand, it doesn’t allow me to cherry-pick the right consultancies […]

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US Firm Wins $29m VSAT Contract in Iraq

By John Lee. Florida-based NIC4 Inc., a division of Network Innovations Group, has been awarded a $28,812,143 firm-fixed-price Foreign Military Sales (Iraq) contract for capabilities to operate, sustain, support and expand Iraq’s Very Small Aperture Terminal (VSAT) network. Bids were solicited via the internet with five received. Work locations and funding will be determined with […]

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