By John Lee. Four senior officials at the Diyala Electricity Distribution Directorate have been arrested and referred to the courts over the theft and embezzlement of electrical materials worth approximately IQD 1.7 billion (USD 1.34 million). According to the Federal Commission of Integrity, a team from its Diyala office, under the direct supervision of Commission […]
By Munqith Dagher, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Militias are Fracturing as Iran Turns from Theocracy to Juntocracy The Iranian regime under new Supreme Leader Mojtaba Khamenei is now functionally, even structurally, different from the […]
By John Lee. An investigating judge at Iraq's Central Anti-Corruption Criminal Court has announced that preliminary investigations into a corruption case involving Adnan Muhammad Mahmoud, former deputy oil minister for refining affairs, have resulted in the seizure of significant assets linked to him and associates. The Supreme Judicial Council said the seizures include approximately 40 […]
By John Lee. A cargo vessel operated by Mediterranean Shipping Company (MSC) was struck by two projectiles near Umm Qasr on 1st June, according to the United Kingdom Maritime Trade Operations (UKMTO) Centre and MSC. The vessel, the MSC Sariska V, was departing port when the first projectile hit while the pilot was still onboard; […]
By John Lee. The General Company for Hydraulic Industries, a subsidiary of the Ministry of Industry and Minerals, has announced its capability to design, manufacture and supply smart surveillance towers to government and private-sector clients. The company's director-general, Engineer Ahmed Jamil, said the towers feature high-precision thermal and night-vision monitoring systems, with direct connectivity to […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Talk of new ministry emerges as Iraq grapples with PMU reform Shortly after winning a contentious confidence vote in parliament on May 14, Iraqi Prime Minister Ali Al-Zaidi told lawmakers that his government […]
By John Lee. Iraq's Federal Commission of Integrity has disrupted an attempt to fraudulently obtain nearly IQD 1.5 trillion (USD 1.1 billion) from two state-owned banks in Baghdad. A field team from the commission's Baghdad Investigations Directorate, working in coordination with judicial authorities, apprehended three suspects at the headquarters of Rafidain Bank. The suspects were […]
By John Lee. Shiite cleric Moqtada al-Sadr announced on Wednesday the complete separation of his Saraya al-Salam [Peace Brigades] militia from his National Shiite Movement and its full integration into Iraq's state armed forces, saying the move was motivated by "public interest" and the need to avoid dangers facing the country. Prime Minister Ali al-Zaidi […]
By John Lee. US-based Amentum Services has been awarded a $11,519,840 contract for "T-6 sustainment and contractor logistics support." According to a statement from the US Department of War "This contract provides for 15 T-6A aircraft sustainment contract, including Supply Support, Field Service Representative, Labor and Engineering Task Assignments for a 90-day transition period and […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Amid war over its skies, Baghdad plays the field for new fighter jets Iraq has in recent years found itself in the middle of several bouts of Israeli-US wars with Iran, with its […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. As talk of secret Israeli base rocks Iraq, Sudani seen as main victim In Iraq, officials are trading accusations after US media reports claiming that Israel has operated a clandestine base in the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Deep Dive: Does young new PM-designate portend shift in Iran-US balance in Iraq? After months of deadlock, Iraq's ruling Shiite Coordination framework has secured 41-year-old businessman Ali Al-Zaidi as prime minister-designate. The April […]
