Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. Kuwait's Ministry of Finance and Kuwait Airways Corporation (KAC) are reported to have been coordinating efforts to receive $500 million from Iraqi Airways. The money is scheduled to be paid in one or two tranches over the next few months. According to Arab Times, an initial agreement for Iraq Airways to pay $300 […]
By John Lee. A Canadian court has reportedly ordered the seizure of a cargo of crude oil from the Kurdistan Region of Iraq (KRI). The Iraqi Oil Ministry requested the seizure of the 721,915-barrel cargo on the "Neverland" oil tanker claiming that it has been unlawfully misappropriated by the Kurdistan Regional Government (KRG). The move […]
By John Lee. Public strategy firm Mercury has been chosen to lobby on behalf of Sulaymaniyah-based PAM Media in the United States. PAM Media is a production company that produces advertisements for commercial products or services; it is owned by Nalia Media Corporation (NMC), which also owns NRT TV. Documents lodged with the US Senate […]
By Adnan Abu Zeed for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi military leaders expect victory this week against the Islamic State (IS) in the battle for Mosul, and the government has unveiled a $100 billion, 10-year reconstruction plan […]
By Kamal Chomani for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. After decades of waiting, the Kurds are finally set to hold a referendum on independence in the fall. Massoud Barzani, the president of Iraqi Kurdistan, met June 7 with Kurdish political parties to discuss the […]
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. The Iraqi government’s next big problem is coming into view: The group of powerful Shiite Muslim militias loyal to Iran seem to want to keep the country enmeshed in regional […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's prime minister has rejected Saudi and UAE media claims that a $500m ransom was paid by Qatar to Shia Muslim armed groups in Iraq to secure the release of 26 kidnapped Qatari […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraqi Kurdistan faces many Obstacles to Independence Referendum Iraq's Kurdistan Regional Government (KRG) announced May 24 that it had formally informed the United Nations Security Council of its intention […]
By John Lee. The Kurdistan Region of Iraq is to hold a referendum on independence on 25th September. According to BBC News, there was no immediate comment from Iraq's central government, but it has urged Kurds not to hold a referendum. Moves towards outright independence have historically been opposed by the governments of neighbouring Iran, […]
By John Lee. AINA reports that a large convoy of Iraqi Popular Mobilization Units (PMU) has been seen moving towards the Iraqi-Saudi border. This comes following increasing tensions between Saudi Arabia and Qatar; the Iraqi government has expressed support for Qatar in its conflict with Saudi Arabia. (Source: AINA)
IMF Team Reaches Staff-Level Agreement on Second Review of Stand-By Arrangement with Iraq The Iraqi authorities and an International Monetary Fund (IMF) team reached a staff-level agreement on the second review of the Stand-By Arrangement (SBA) that was approved by the IMF Executive Board on July 7, 2016 (See Press Release No. 16/321). The SBA […]
The Head of the Parliamentary Finance Committee, Mohammed al-Halboussi, has reportedly requested that the Iraqi government expedite the approval of the protection and security contract for the International Highway between Iraq and Jordan and allow the re-opening of the border-crossing between the two countries. Halboussi stated that the project was considered an exceptional one, which […]
