By Gavin Jones, Director of Iraq Business News, and Partner at consultancy firm Upper Quartile. This article was originally published on the Emerging Economics blog. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Last week hundreds of people were arrested all over Iraq in […]
The Iraqi state-run Trade Bank of Iraq (TBI) has recovered around $400 million of a $900 million default on loans handed out with little or no security by the previous management, the bank's new chief has said. Former TBI president Hussein al-Uzri fled Iraq in early June after Prime Minister Nuri al-Maliki ordered a judicial […]
Last week saw a notable decline in attacks in Iraq, but incidents have worsened once again over the past three days. Activity was concentrated in the central provinces, although Baghdad itself remained unusually quiet until Sunday. Conditions now appear to be returning to an unfortunate level of normality. Roadside bombings are currently the most commonly […]
EOD Technology, Inc. (EODT), a leader in stability operations support services worldwide, has received its Mine Action accreditation from Iraq’s Ministry of Environment. With this accreditation in place, EODT will expand its current operating footprint in Iraq to support the country’s infrastructure reconstruction and development initiatives. EODT has been operating in Iraq continuously since 2003 […]
UK-based aerospace design, analysis and modelling software solutions company j2 Aircraft Dynamics Ltd has announced it has won a $170,000 contract with the Ministry of Science and Technology in Iraq to provide them with an aircraft design lab in Iraq and associated training and education over a 2 week course in the UK. Paul Jenkins, […]
ARINC Engineering Services, LLC today announced it has completed the procurement, integration, testing, and installation of new Air Traffic Control Tower (ATCT) systems and equipment for two bases of the Iraqi Air Force. The new technology will allow Iraq’s Air Force to establish efficient operational control with modern equipment in the control towers at Tikrit […]
The U.S. Navy formally delivered the sixth 35-meter patrol boat (P-305) to the Iraqi Navy at the Umm Qasr naval facility in Iraq on Nov. 3, after the ship successfully completed reactivation in Bahrain, Oct. 23. The seamless reactivation enabled delivery to an Iraqi naval base one week ahead of schedule. "The team has once […]
There is a case of 'serious fraud' in a project intended for Najaf City, the Capital of Islamic Culture in 2012, an Iraqi MP has warned. Hussein Sharifi, a member of Tourism and Archeology Committee in parliament, told AKnews the case involved is the construction of a three-floor building for which 100 billion Iraqi dinars […]
Levels of violence crept up in Iraq over the past fortnight, but conditions have been generally quieter over the last four months when compared to earlier in the year. AKE has compiled maps showing the distribution of the latest violence. The first map shows the location of specific incidents of violence, pinpointed around the country. […]
This article was written by Abeer Mohammed, and was originally published by the Institute for War and Peace Reporting, iwpr.net. It is reproduced by Iraq Business News with permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On its road to democracy, Iraq may […]
Heavy fighting in Falluja, poor planning, unrealistic cost estimates, and inadequate funding led to significant cost-overruns and delays in constructing the city’s new wastewater treatment system, according to a new report from the Special Inspector General for Iraq Reconstruction (SIGIR). After seven years and the expenditure of over $100 million dollars, the backbone of a […]
Levels of violence rose in Iraq over the past week, with the highest number of weekly attacks recorded since mid-August. At least 80 people were killed and 197 injured nationwide, with incidents concentrated in Baghdad, Mosul and Babil province. There was also sporadic violence in towns such as Kut, Fallujah and Ba’qubah. North Turkish […]
