By John Lee. The U.S. Department of Transportation (DOT) has fined UK-based Virgin Atlantic $1.05 million for operating flights carrying Delta Air Lines' code (DL) in regions in which a Federal Aviation Administration (FAA) flight prohibition was in effect. The airline was ordered to cease and desist from future similar violations. An investigation by the […]
By John Lee. The Kurdistan Region Government (KRG) has issued data on the clearance of mined land over the past year: 2,316,756 square meters of land was cleared of mines and IEDs in the Kurdistan Region in 2022. 47 fields were cleared of landmines, with 27 cleared by the Iraqi Kurdistan Mine Action Agency (IKMAA) […]
By John Lee. Prime Minister Muhammad Shia'a Al-Sudani has dismissed the Governor of Diwaniyah, Mr. Zuhair Ali Al-Shaalan, as he is under investigation on suspicions of corruption, which are being considered by the relevant courts. He also dismissed Iyad Mahmoud Hadi Al-Jubouri from the duties as head of the National Retirement Authority, based on the […]
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated critical nodes of a key financial facilitation network of the Islamic State of Iraq and Syria (ISIS), which included four individuals and two entities in Türkiye, who have enabled the terrorist group's recruitment and financial transfers to and from […]
By John Lee. Prime Minister Muhammad Shia Al-Sudani has ordered that the Baghdad Green Zone be opened to the public to ease traffic in the city. The heavily fortified area houses embassies and Iraqi government buildings. Security forces have removed major checkpoints leading to the zone to allow citizens to enter. The zone will be […]
By Laure Al Khoury and Salam Faraj for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. In Iraq, graft helps push property prices out of reach Real estate in Iraq has become a popular way to launder money, including stolen public […]
By John Lee. Maryland-based Amentum Services Inc. has been awarded a $10,000,000 modification (P00255) to contract W58RGZ-19-C-0025 for aviation maintenance services. Work will be performed in Iraq, with an estimated completion date of March 3, 2023. Amentum was created by the sale of AECOM's Management Services business to affiliates of Lindsay Goldberg and American Securities […]
By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has deleted the following Iraq-related entities from its Specially Designated Nationals (SDN) list: MIDCO FINANCE S.A. (a.k.a. MIDCO FINANCIAL S.A.; a.k.a. MONTANA MANAGEMENT INC.), 57 Rue du Rhone, Geneva CH-1204, Switzerland; Panama; US FEIN CH-660-0-469-982-0 (United States); Switzerland [IRAQ2]. MIDCO […]
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran Moves To Consolidate Its Grip On Iraq's Oil Sector Iran has long held enormous political, economic, and military sway over neighbouring Iraq through its various military and political proxies, […]
By John Lee. The Iraqi Border Guard is reportedly set to build 200 new outposts along the border with Turkey and Iran. According to Kurdistan 24, the Force has also recently announced job openings for an additional 3,000 soldiers. A spokesperson also added that new military-grade thermal cameras will monitor movements along the border. More […]
By Bilal Wahab 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. The Paradox of Centralization and State Fracture in Iraq Decentralizing power would have been the best way of avoiding a return to Saddam-era authoritarianism and […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Yazidis in Iraqi Kurdistan face 'extinction,' community leaders say As Yazidis struggle to survive in displacement camps in Iraq, one community leader continues to help women survivors of the […]
