By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. EITI Suspends Iraq Membership: A Serious Setback For Transparency That Should Be Addressed Promptly And Effectively The recent decision by the Extractive Industry Transparency Initiative (EITI) to suspend Iraq's status as a […]
At its meeting in Manila, the Philippines, the Extractive Industries Transparency Initiative (EITI) Board commended Iraq’s efforts to bring transparency to its oil exports and encouraged the Government of Iraq to make progress on a number of other aspects of the sector. While recognising the difficulties under which Iraq was implementing the EITI, the EITI […]
By John Lee. Iraq’s Ministry of Oil has announced preliminary oil exports for October of 103,730,680 barrels, giving an average for the month of 3.348 million barrels per day (bpd), considerably up on the 3.240 bpd exported in September. The exports were entirely from the southern terminals, with no exports from Kirkuk via Ceyhan. Revenues for […]
The United States Agency for International Development (USAID) Office in Iraq has issued a call for expressions of interest to fund activities that assist in the voluntary return of Internally Displaced Persons (IDPs) in the Ninewa Plains and western Ninewa, and to encourage those who are already in their communities to remain. Ambassador Douglas Silliman […]
General Dynamics Ordnance and Tactical Systems, St. Petersburg, Florida, has been awarded a $93,000,000 firm-fixed-price foreign military sales (Iraq) contract to obtain 120mm insensitive munition high explosive with tracer tank ammunition cartridges. Bids were solicited via the Internet with one received. Work locations and funding will be determined with each order, with an estimated completion […]
By Adnan Haj Omar, Editor-in-Chief of Arabisk London Magazine. The operations to annihilate ISIL once and for all have finally reached their last stage. The latest round of peace talks in Astana has resulted in the finalisation of a de-escalation zone. The Kurdish issue has become a common denominator and a priority to be addressed […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Lockheed Martin Aeronautics Corp., Fort Worth, Texas, was awarded a $16,200,000 contract for automatic ground collision avoidance system F-16 integration, to include development, testing and integration on 34 F-16 Block 52 C/D model aircraft for the government of Iraq. Work will be performed in Fort Worth, Texas; and Balad Air Base, Iraq, with an expected […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi-Saudi relations have witnessed significant improvement after years of boycott that had worsened during Nouri al-Maliki’s rule between 2006 and 2014. On Oct. 22, the establishment of a Coordination […]
The Secretary-General of the United Nations has appointed Alice Walpole of the United Kingdom as Deputy Special Representative for Political Affairs and Electoral Assistance of the United Nations Assistance Mission for Iraq (UNAMI). Ms. Walpole succeeds György Busztin of Hungary, to whom the Secretary-General is grateful for his dedicated service since 2011 in support of […]
By Fazel Hawramy for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. For now, Prime Minister Haider al-Abadi has pushed the separatist Kurds back and extended the power of the federal government once again to the areas considered disputed under the […]
By John Lee. Iraq has reportedly bought U.S. hard red winter wheat in a direct deal outside the tender process. Sources told Reuters that the product will be supplied by Cargill (300,000 tonnes) and ADM (Archer Daniels Midland) (150,000 tonnes). Separtely, private exporters reported to the U.S. Department of Agriculture export sales of 100,000 metric […]
