By John Lee. The United States Armed Forces' Central Command (CENTCOM) has issued an update on ISIS activity in Iraq and Syria for the first six months of 2024, in which it suggests that ISIS may more than double its attacks compared to 2023. The main points of the report were as follows: 1. Increase […]
By John Lee. The Government of Iraq, acting through the Ministry of Transport's General Company for Airports and Air Navigation Administration (GCAAN) as the tender authority, is launching a two-stage public tender to select a private partner to rehabilitate, expand, finance, operate, and maintain Baghdad International Airport (BIAP) under a long-term Public-Private Partnership (PPP) contract. […]
By John Lee. A US court has overturned a decision that had granted a military contractor more than $120 million in damages against the Republic of Iraq and the Iraqi Ministry of Defense. The 2019 judgement would have reimbursed Wye Oak Technology for unpaid invoices relating to work done for the Iraqi Ministry of Defense. […]
By Elizabeth Hagedorn for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US renews sanctions waiver for Iraq to purchase Iranian electricity The waiver issued on July 11 permits Iraq to pay neighboring Iran for electricity imports without running afoul of […]
The Iraqi Children Foundation is pleased to announce: Our 12th Annual Global "IN THEIR SHOES 5K" to benefit Iraq's most vulnerable children! This year, we are also excited to share something new... For EVERY sign up to our 5K this year, we will give a brand new pair of shoes to an Iraqi child in need. […]
By John Lee. The Iraqi Ministry of Transport has announced a comprehensive plan to add more ships to its maritime fleet. Its General Company for Maritime Transport currently owns six ships: four commercial vessels, one fuel tanker, and one fresh water tanker. The Director General of the company, Chief Marine Engineer Ahmed Jassim Al-Asadi, said […]
By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani has met with a delegation from the China Electronics Technology Group Corporation (CETC), which specializes in energy, construction technology, and infrastructure. Al-Sudani highlighted the government's economic approach focused on fostering productive partnerships, improving Iraq's investment climate, and providing sovereign guarantees to attract global companies and enhance […]
From the United Nations: United Nations Secretary-General António Guterres has announced the appointment of Mohamed al Hassan of Oman as his new Special Representative for Iraq and Head of the United Nations Assistance Mission for Iraq (UNAMI). He succeeds Jeanine Hennis-Plasschaert of the Netherlands, to whom the Secretary-General is grateful for her commitment and leadership […]
By John Lee. UNHCR, the UN Refugee Agency, welcomes the recent donation of 940,000 Swiss Frances (approximately one million US dollars) from the Government of Switzerland. This funding will strengthen UNHCR's programmes supporting refugees, internally displaced Iraqis and individuals at risk of statelessness in Iraq. In particular, Switzerland's contribution will enable UNHCR to maintain its […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Serious and Impacting Discrepancies in Estimating Oil Export Prices and Revenues A comparison of available data on oil export prices and revenues for the first four months of this year reveals significant […]
By John Lee. Iraqi Trade Minister Athir Dawood Al-Ghurairi announced the resumption of preliminary meetings for Iraq's accession to the World Trade Organization (WTO) after a 16-year pause. The Iraqi negotiation teams have started preparatory meetings at the WTO headquarters in Geneva, preparing for the third working group meeting on Iraq's accession. According to a […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani met with a delegation of Egyptian, Saudi, and Iraqi business leaders specializing in real estate development and integrated smart cities. The delegation included Hisham Talaat Moustafa, Chairman of Egypt's Talaat Moustafa Group (TMG); Suleiman Abdul Qader Al-Muhaidib, Chairman of Saudi Arabian Al-Muhaidib Group, along Essam […]
