The UK's Serious Fraud Office (SFO) has brought further charges against two individuals facing trial in relation to the Unaoil investigation. Basil Al Jarah and Ziad Akle have both been charged with conspiracy to give corrupt payments to secure the award of a contract worth US$733 million to Leighton Contractors Singapore PTE Ltd for a […]
Iraq Duty Free has responded to allegations regarding the renewal of its contract to run the duty free concessions at Baghdad and Basra airports in Iraq. According to the statement from its CEO, Ahmed Kamal, the owner of company has not been convicted of "any crime of punishment that deprives the freedom in Iraq." His […]
By John Lee. Five suspected members of an organized crime ring that was smuggling stolen cars into Iraq have reportedly been arrested in Turkey. Police detained three members of the gang, one of them a Greek national, at a customs office in Istanbul after they cleared a luxury Jaguar through customs. They later detained a […]
The United Nations Mine Action Service (UNMAS) has welcomed a contribution of AUD 11 million (USD 8.6 million) from the Government of Australia dedicated to explosive hazard management in support of humanitarian and stabilization efforts. Approximately 2.1 million civilians are still displaced due to the recent conflict and unsafe conditions to allow their return. A […]
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 […]
By John Lee. The alliance headed by former Shia militia chief Moqtada al-Sadr has won the parliamentary election. But according to BBC News, Sadr cannot become prime minister as he did not stand as a candidate. He is, however, expected to play a key role in forming the new government. Sadr is strongly opposed to […]
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on the Governor and a senior official of the Central Bank of Iran, an Iraq-based bank and its chairman, and a key Hizballah official, all of whom have moved millions of dollars on behalf of the Islamic Revolutionary Guard Corps-Qods Force […]
The United Nations Assistance Mission for Iraq (UNAMI) Human Rights Office (HRO) organized a training course in Dohuk for human rights activists and staff members of NGOs working in the field of human rights in Dohuk Governorate. The training course, entitled “Strengthening Human Rights Monitoring and Documentation Skills,” was part of a series of activities […]
Iraq Business News has learned of claims that Iraq's anti-corruption bodies are investigating the contract to operate the duty-free shops at Baghdad and Basra airports. Early last year we reported that the Iraqi Civil Aviation Authority (ICAA) and the Ministry of Transport had extended Iraq Duty Free's exclusive contract at the airports by ten years […]
By John Lee. According to media reports, the Nasr (Victory) Alliance led by Prime Minister Haider al-Abadi is trailing in third place in the Iraqi general elections. With more than half of votes counted, Saeroun (Marching Towards Reform) list, comprising Shia Muslim cleric Moqtada Sadr's Istiqama (Integrity) party and six mostly secular groups, is in the […]
By John Lee. Two companies have won tenders to supply EOD/IEDD search and clearance teams to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with UK-based Optima Defence & Security Group Limited is valued at $6,374,302, while the contract with Ain Alsaker (Falcon Eye) Demining Co. is valued at $3,782,425. (Source: UNGM) […]
The U.S. Embassy Announces Open Application Period for the Fulbright Foreign Language Teaching Assistant (FLTA) Program The U.S. Embassy in Baghdad is pleased to announce that the application period is now open for the Fulbright Foreign Language Teaching Assistant (FLTA) program. Applications are due June 30, 2018. Detailed program information, eligibility guidelines, and application procedures […]
