Iraq's Commission on Integrity has arrested a man who was passing himself off as an Inspector General of the Commission. According to the Commission, the man, who was not named, used official government cars and was protected by police. He allegedly tricked his way into police stations and other official offices to gather names of […]
Iraq is buying unmanned drones from the United States to help protect its southern oil platforms, U.S. and Iraqi officials said on Monday. An official from the Office of Security Cooperation in Iraq, which is part of the U.S. embassy, declined to give the model or number of drones that are part of the contract, […]
In Iraq, where barely anyone has a bank account, the trade in foreign currencies is largely unlicensed. Now money traders are smuggling US dollars to sanctioned Syria and Iran. And the Iraqi govt may well be using the situation for its own political ends too, according to this report from NIQASH. The Iraqi dinar is […]
A well-known businessman and cultural leader from Columbia, Missouri, has been sentenced to three years in federal prison for illegally siphoning more than $200,000 to Iraq during sanctions between 1991 and 2003. Shakir Hamoodi, an Iraqi-American store owner and former nuclear scientist with the University of Missouri, pleaded guilty in December 2009 to violating federal sanctions […]
Levels of violence fell slightly in Iraq last week. At least 27 people were killed and 73 injured in nationwide incidents. A total of 19 non-suicide bomb attacks left 16 people dead and 55 injured. This constitutes a lower than normal figure for the country, although the decline is likely to be temporary. Two further […]
It might not seem so important in a country faced with such major post-conflict challenges, but getting the basics of communication right should be a necessary function of any government department or state agency. A key element of communication has to be the website, but it is remarkable how many Iraqi government websites are out […]
Despite a New York Times report to the contrary, the U.S. Embassy in Baghdad and the Department of State have no plans to shut down the Police Development Program (PDP) in Iraq that began in October 2011. According to U.S. Embassy Spokesman Michael McClellan, “The Iraqi Government and the State Department regularly review the size […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
More than $5m (5.8bn IQD) worth of fuel is stolen each month from the amount allocated to three Turkish barges that produce power in Basra, a government investigation has revealed. According to the report from Aknews, Iraq's Electricity Ministry announced the discovery following an ongoing investigation into fuel theft. The Inspector General of the Ministry, […]
There was a slight rise in the number of attacks recorded in Iraq last week but the overall number of casualties fell from the previous week. At least 26 people were killed and 62 injured in nationwide incidents. A total of 31 bomb attacks left 11 people dead and 57 injured while small arms fire […]
Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]
The Special Inspector General for Iraq Reconstruction (SIGIR) has released its 33rd Quarterly Report to the U.S. Congress. This 158-page report is a valuable resource for all who are interested in economic development in Iraq. Please click here to download.
