By John Lee. The Iraqi Ministry of Defense has signed a contract with French company Airbus to purchase Caracal (H225M) helicopters. While the Ministry did not specify the number of helicopters involved, AFP reports that 12 of the twin-engined aircraft will be bought. According to the Ministry, the agreement, signed in the presence of Defense […]
By Mohanad Faris for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Competition over Kirkuk: Between Internal Conflicts and Regional Rivalries Kirkuk's future remains uncertain due to the lack of any consensus-based projects between the governorate's political […]
By John Lee. Iraqi Foreign Minister Fuad Hussein received a copy of the credentials of the new Jordanian Ambassador, Maher Tarawneh, on Sunday. The Minister emphasised that the relations between Iraq and Jordan are historical and solid and extend beyond diplomatic ties to include common geographical ties. He also underlined the importance of enhancing economic […]
Iraq has been elected to chair the Group of 77 and China (G77) at the United Nations for the year 2025, following a meeting of the Asia-Pacific Group held to discuss Iraq's candidacy for this position. Iraq's Chargé d'Affaires to the United Nations in New York Dr. Abbas Kadhom Obaid, delivered a speech in which […]
By John Lee. The Saudi Arabian Cabinet has approved a Memorandum of Understanding (MoU) with Iraq aimed at tackling money laundering and terrorist financing. In a statement, the state-run Saudi Press Agency (SPA) reported that agreement involved, "exchanging financial investigations related to combating money laundering and terrorism financing between the Saudi General Directorate of Financial […]
By John Lee. Lufthansa has announced an extended suspension of passenger and cargo flights to Amman, Beirut, Erbil, Tel Aviv and Tehran. The suspension will now last up to and including 26th August. In an earlier announcement, the German airline blamed the decision on what it described as "exceptional circumstances in the region," adding that […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq: Parliament Poised to Legalize Child Marriage Iraq's parliament is moving forward an amendment to the country's Personal Status Law that would allow Iraqi religious authorities, rather than state law, to govern […]
The United Nations Development Programme (UNDP) has released the Trial Monitoring Report on grand corruption cases across the Kurdistan Region of Iraq, marking a significant milestone in curbing corruption in Iraq. The report highlights substantial progress by the Kurdistan Regional Government (KRG) in combating corruption and offers deep insights into the region's judicial proceedings through […]
By John Lee. The Iraqi Army Aviation Command celebrated the delivery of seven Bell 505 helicopters from the United States, in a ceremony attended by representatives of the Commander-in-Chief of the Armed Forces, the Air Force Commander, senior Defense Ministry officers, the U.S. military attaché, and a Bell company representative. This delivery is part of […]
By John Lee. Lufthansa has announced the suspension of all passenger and cargo flights to Amman, Beirut, Erbil, Tel Aviv and Tehran up to and including 13th August. The German airline blamed the decision on what it described as "exceptional circumstances in the region," adding that the situation will be continuously monitored and reassessed with […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Erbil to shut down over 100 illegal refineries: Governor More than 100 illegal refineries in Erbil province were ordered to shut down on Sunday by the governor; additionally, a deadline was set for legal […]
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Risks of Widening Middle East Conflict Resurface The equity market, as measured by the Rabee Securities U. S. Dollar Equity Index (RSISX USD Index), was up 0.1% […]
