By Crispin Smith and Michael Knights for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Remaking Iraq: How Iranian-Backed Militias Captured the Country The slow-rolling regime change focused on capturing U.S.-supported institutions and turning them against U.S. […]
By John Lee. The International Court of Arbitration of the International Chamber of Commerce (ICC) has released its findings in the arbitration case between Iraq Telecom Limited, a subsidiary of Kuwait's Agility Public Warehousing Company KSCP, and International Holdings Limited, an affiliate of Agility, as claimants; and Korek Telecom Limited and Sirwan Saber Mustafa Barzani, […]
By John Lee. The Iraqi Cabinet has approved the recommendation of the Ministerial Energy Council regarding a settlement agreement with the South Korean company Kogas, the operator of the Akkas gas field. The agreement includes a payment of USD 49 million in crude oil, to be made by the State Oil Marketing Organization (SOMO). According […]
By John Lee. The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, has officially opened the new Hyatt Regency Hotel, and the Gulan Mall, in Erbil. He thanked both Sirwan Barzani and Sabri Ozel for implementing these projects, which he said will pave the way for attracting tourists from the rest of Iraq and […]
By John Lee. NATO Secretary General Jens Stoltenberg welcomed Iraqi Foreign Minister Fuad Hussein to NATO Headquarters on Monday (20 March 2023). The Secretary General thanked Iraq for its commitment to its partnership with NATO, particularly with respect to fighting international terrorism and promoting stability in the region. Mr Stoltenberg underscored that NATO continues to […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Iran inks security accord with Iraq as regional diplomacy revved up The secretary of Iran's Supreme National Security Council (SNSC) has capped off a busy month of dialogue with Arab states […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iran, Iraq sign security deal boosting border cooperation The deal follows the Islamic Republic escalating its attacks on Kurdish groups in Iraq amid the ongoing protests in Iran. Click […]
By John Lee. An advisor to the Iraqi Prime Minister has said that the Kurdistan Regional Government's oil revenues will now be placed in an account controlled by the federal government in Baghdad. Husham Hamad added that the agreement was reached through what he called the "high understanding and keenness of the federal government and […]
The Iranian Minister of Economic Affairs and Finance said three joint industrial towns between Iran and Iraq will be launched in the border areas in the Iraqi provinces of Maysan (Missan), Basra and Wasit. Seyed Ehsan Khandouzi (pictured) made the remarks on the sidelines of the unveiling ceremony of "Factoring System of Private Contracts", held […]
By John Lee. Sultan bin Abdulrahman Al-Murshed, CEO of the Saudi Fund for Development (SFD) welcomed an Iraqi delegation led by the Chairman of the National Investment Commission (NIC), Dr. Haider Muhammad Makiya in Riyadh on Sunday. The delegation comprised officials from various Iraqi ministries including Foreign Affairs, Finance, Agriculture, Oil, and Electricity, as well […]
Iran and Iraq on Sunday signed a bilateral agreement on security cooperation. The agreement was signed by Secretary of Iran's Supreme National Security Council Ali Shamkhani and Iraq's National Security Adviser Qasim al-Araji in Baghdad at a meeting attended by Iraqi Prime Minister Mohammed Shia' Al Sudani. Accompanied by the governor of the Central Bank […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Establishment parties in Iraq push to pass contentious electoral reform Iraq's parliament is close to passing a new electoral law seemingly geared to favor established parties over independents and political newcomers. The full […]
