By John Lee. The Central Bank of Iraq (CBI) has announced that its board has decided to "lift custody [guardianship]" over Warka Bank on August 25, 2013, following a final decision made by the Financial Services Court on 26th May, 2013. Warka Bank announced on its website that: "This decision comes in accordance with the […]
By John Lee. The Royal Jordanian Air Academy in Amman, Jordan, has won a firm-fixed-price contract valued at $12,789,935 for English language and technical training to Iraqi Air Force students. Training will be at the Royal Jordanian Air Academy, and is expected to be completed by Aug. 8, 2014. (Source: U.S. Department of Defense)
The U.S. Embassy Baghdad is hosting two senior administrators from Stanford University from August 25 to September 3 to partner with the Government of Iraq in expanding graduate degree opportunities for Iraqi students in the United States. Under the Strategic Framework Agreement between the United States and Iraq, promoting cooperation in higher education is a […]
By John Lee. Ruebin S. Thomas, a former civilian contractor, has pleaded guilty to stealing two electric generators from a U.S. military base in Iraq, reports Associated Press. Thomas, who worked for Honeywell Technologies at the Camp Victory Base Complex in Baghdad, stole two generators valued at $176,000 each in June 2009. Sentencing was scheduled […]
By Mustafa Habib. This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. In a country like Iraq, where most careers come courtesy of the government, its not what you know, but who you know – or how much […]
By Harith Hasan for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq is currently the scene of a sharp regional conflict between Iran and its opponents. This is nothing new, however. Regional events have come to show that any country witnessing political or social instability, amid […]
By John Lee. General Dynamics Land Systems has been awarded a $56,481,809 cost-plus-fixed-fee, non-option eligible, non-multi-year contract modification (P000109) of contract (W56HZV-13-D-0015) for continuation of contractor logistics support and base life support services in Iraq. This is part of Foreign Military Sales to Iraq. Performance location will be Iraq with funding from fiscal 2013 Other […]
By Omar al-Shaher for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi authorities admitted that they are not providing facilities to foreign workers and oil companies operating in Iraq. Oil Ministry spokesman Assem Jihad told Al-Monitor, “Iraqi parties in charge of the […]
A delegation from the Kurdistan Regional Government visited Northern Ireland this week to take forward an agreement that forges cooperation in several sectors between Kurdistan and Northern Ireland. The delegation, led by Minister Falah Mustafa, Head of the Department of Foreign Relations, was hosted in Enniskillen by Arlene Foster, the Northern Ireland Minister of Enterprise, […]
By Adnan Abu Zeed for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Arab Jibor, a neighborhood south of Baghdad that is home to a variety of different sects, is part of an area that encompasses the Iraqi capital known as "hizam Baghdad," Arabic for the "Baghdad […]
Foreign Minister Hoshyar Zebari held a meeting with the UK Ambassador to Iraq, Simon Collis, at his office on August 28th. During the meeting, the two officials discussed Iraqi - British relations, the political situation in the region, and the developments of the Syrian crisis and the ongoing international reaction to it. The Minister reviewed […]
By John Lee. Iraq is in talks with the U.S. government to buy 200 Bradley Fighting Vehicles from BAE Systems, according to Defense World. A BAE official reportedly said that the potential deal is to take place in 2014. The Iraq contract would provide recently upgraded M2A2 ODS (Operation Desert Storm) variants to the Baghdad […]
