By Mohammed Omar al-Qaysi. 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. Farmers in Ninawa are being forced to abandon their farms in droves because of desertification. And now they say, to make matters worse, those who […]
By John Lee. According to a report from Bloomberg, Iraq’s military wants to buy as many as 30 General Dynamics Stryker eight-wheeled combat vehicles. The $25-million deal would be the first international sale of the vehicles, which were developed for the US Army. If accepted by the Iraqi government, the proposal would be submitted to […]
The U.S. government has filed a civil lawsuit accusing KBR and its Kuwaiti subcontractor of submitting nearly $50 million in inflated claims to install live-in trailers for troops during the Iraq War. It is alleged that KBR and First Kuwaiti Trading Co. overcharged for truck, driver and crane costs, and misrepresented delays in providing around […]
By Gary Sandiford, Olive Group’s Dubai based assessments manager. Olive Group is a leading provider of security and technology solutions and has operated continuously in Iraq since 2003. Overview Olive Groups Iraq statistics are drawn from multiple sources, including media reporting and direct liaison with in country assets. Included within the statistics are a […]
By Amir Hassan Fayad. 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. Iraq and Russia have been getting cosy lately with high ranking visitors and multi-billion dollar arms deals. Is this friendship just a business opportunity? Related […]
By John Lee. Reuters reports that Iraq's representative to the Arab League said that Arab states should use oil as a weapon to put pressure on the United States and Israel over the attacks on Gaza. Qais al-Azzawy told reporters in Cairo on Friday: "Iraq will invite (Arab) ministers to use the weapon of oil, […]
By Gary Sandiford, Olive Group’s Dubai based assessments manager. Olive Group is a leading provider of security and technology solutions and has operated continuously in Iraq since 2003. Overview Olive Groups Iraq statistics are drawn from multiple sources, including media reporting and direct liaison with in country assets. Included within the statistics are a […]
By John Lee. Iraqi government spokesman Ali al-Dabbagh (pictured) has announced that the country is to renegotiate the recent $4.2-billion weapons deal with Russia: "It will renegotiate with Russia to put an end to suspicions of corruption in the weapons deal", he said. The turnaround follows the ouster of Russia's defense minister earlier this week, […]
By John Lee. Sinan al-Shabibi (pictured), the former head Iraq's Central Bank who was removed for suspected mismanagement and currency manipulation, has dismissed the charges against him as baseless and trumped up. Speaking to AFP, he said authorities had compromised the bank's independence to access its reserves, adding that the government had been "spoiled" by […]
By Gary Sandiford, Olive Group’s Dubai based assessments manager. Olive Group is a leading provider of security and technology solutions and has operated continuously in Iraq since 2003. Overview Olive Groups Iraq statistics are drawn from multiple sources, including media reporting and direct liaison with in country assets. Included within the statistics are a […]
By John Lee. Turkey's Energy Minister, Taner Yildiz (pictured), has said the country has signed a $350 million deal to drill 40 oil wells in the Basra area, and is in talks on drilling 7,000 wells across Iraq. Details of the timeframe or companies involved were not immediately available. According to a report from Reuters, […]
By John Lee. The new Syrian Ambassador in Baghdad, Sattam Jadaan Al Dandah, presented his credentials to Foreign Minister Hoshyar Zebari on Thursday. During the meeting, they discussed relations between the two countries and peoples, in addition to the developments of the Syrian crisis. The Minister stressed the ministry's readiness to provide assistance and support […]
