By John Lee. Iraq has reportedly restarted talks with the International Monetary Fund (IMF) for a $4-billion loan to cover its budget deficit. More here. (Sources: Bloomberg, Arab News)
Iraq said to be Negotiating IMF Loan
Author Archive | Editor
Iraq, the US, and the "New" Middle East
By Anthony H. Cordesman, for the Center for Strategic and International Studies (CSIS). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq, the United States, and the "New" Middle East The U.S. "long war" in Afghanistan may be ending, although it is far from […]
Contract Awarded for supply of Laptops
By John Lee. Baghdad-based Albilad Alhurra Company has won a contract with the United Nations Office for Project Services (UNOPS) for the supply of laptops. The contract is valued at $171,600. Albilad Alhurra is a joint venture between Habtoor Leighton Group, Kuwait Construction Company and M + W Group. (Source: UNGM)
Tags: Al Habtoor Leighton Group, Albilad Alhurra, featured, Kuwait, Kuwait Construction, M + W Group, mn, UN Office for Project Services (UNOPS), ungm, United Nations (UN)
Atlantic Council: A Conversation with Iraqi Finance Minister
By Hezha Barzani, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Event Recap: A conversation with Iraqi Deputy Prime Minister and Finance Minister Ali Allawi The Atlantic Council's Iraq Initiative recently hosted an event with His Excellency Ali Allawi, […]
Ranj Alaaldin: "Treat Iraq's Iran-aligned militias like ISIS"
By Ranj Alaaldin, for The Brookings Institution. The opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Treat Iraq's Iran-aligned militias like ISIS The necessity of defeating ISIS cannot be overstated, but one of the more understated enablers of the group's preeminence is the continued dominance […]
Tags: Brookings Institution, caliphate, Daesh, featured, Iran, ISIL, ISIS, Islamic State, PMU, Popular Mobilization Forces, Popular Mobilization Units, Ranj Alaaldin, terrorism
Iraqi Oil Tankers Company to Expand its Fleet
By John Lee. The Iraqi Oil Tankers Company (IOTC) has confirmed that it plans to increase the size of its fleet. The company's general manager, Ahmed Khazal, told the Iraqi News Agency (INA), that it will both build and buy new tankers. IOTC currently owns four tankers. (Source: INA)
New initiative by UNDP Digitalizes Iraq's Public Sector
Innovation first: new initiative by UNDP digitalizes Iraq's public sector Under the Digital Transformation and E-governance project - in Iraq-, Iraq's Council of Ministers Secretariat (COMSEC) with the support of the United Nations Development Programme (UNDP) in Iraq and the Regional Hub in partnership with the implementing partner Estonia for e-Governance Academy, is launching a […]
Tags: Digital literacy, e-Governance, Estonia, featured, Public Sector, UN Development Programme (UNDP), United Nations (UN)
Family "Power Grab" raises Fears of Intra-Kurdish Violence
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Family power grab in Iraqi Kurdistan raises fears of intra-Kurdish violence Talabanis strip their cousin of all powers amid a power struggle in the Kurdistan Regional Government's Patriotic Union […]
Tags: Bafel Talabani, featured, KRG, Kurdistan News, Lahur Talabani, Patriotic Union of Kurdistan (PUK), PUK, Talabani
Suppliers chosen for UNMAS Contracts in Iraq
By John Lee. Two companies have won contracts with the United Nations Office for Project Services (UNOPS) for the provision of equipment to UNMAS in Iraq: Lot 1 - Adalk Co Ltd, for the supply of Head Torch, Dragon Light, Digital Camera, Voice Recorder and Hand Torch: Contract value $20,000 Lot 2 - Alfarez for […]
Tags: Adalk, Alfarez for General Contracts, featured, mn, UN Mine Action Service (UNMAS), UN Office for Project Services (UNOPS), ungm, United Nations (UN)
US contributes $53.3m to UNHCR Ops in Iraq
UNHCR welcomes the generous contribution of USD 53.3 million by the Government of the United States of America (USA) towards UNHCR's protection and assistance programmes to support vulnerable displaced persons (IDPs) and Syrian refugees in Iraq. This contribution brings the total USA contribution to UNHCR Iraq in 2021 to USD 88 million. Thus far, the […]
Tags: featured, humanitarian assistance, IDPs, internally displaced persons, Refugees, UNHCR, United Nations (UN), United States
ECW announces $12.5m Grant for Iraqi Education
By John Lee. Education Cannot Wait (ECW) had announced a new multi-year resilience programme that it says will reach a total of 192,100 forcibly displaced children and youth in Iraq. An initial $12.5 million catalytic seed-funding grant from ECW will be implemented by Save the Children in coordination with the Iraq's Ministries of Education in […]
Tags: Education Cannot Wait (ECW), featured, humanitarian assistance, IDPs, internally displaced persons, mn, Refugees, Save the Children
KRG Approves DNO Purchase of Exxon Stake in Baeshiqa
By John Lee. DNO ASA, the Norwegian oil and gas operator, today announced that the Kurdistan Regional Government has approved the Company's acquisition of ExxonMobil's remaining 32 percent interest in the Baeshiqa license, doubling DNO's stake. In parallel, commerciality has been declared on the license with plans submitted for fast-track development including early production from previously […]
Tags: Baeshiqa, DNO, Exxon, Exxon Mobil, ExxonMobil, featured, KRG, Kurdistan News, mn, Norway, Peshkabir, Tawke, Zartik