By John Lee. Iraqi authorities have arrested a businessman suspected of involvement in the theft of $2.5 billion from the country's tax agency. The man, the Managing Director of an oil services company, was detained as he attempted to fly out of Baghdad International Airport (BIAP) on a private jet to Turkey. (Source: Commission of […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Revival of key border crossing shows shift in Iraq-Saudi ties A new phase of Iraqi-Saudi relations has begun, marked by efforts to strengthen ties between the neighbours. In September, the Jadidat Arar land […]
By John Lee. More than 100 representatives of leading Iraqi and Russian businesses took part in the Russian-Iraqi Business Forum in Moscow last week. According to a press release from The Chamber of Commerce and Industry of the Russian Federation, the Ambassador of Iraq in Moscow, Mr. Abdurakhman Al-Husseini, told delegates that Iraq is open […]
By Kali Robinson, for the Council on Foreign Relations (CFR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Much Influence Does Iran Have in Iraq? Iran has built considerable political clout in Iraq since the fall of Saddam Hussein's regime. Its wide […]
From Al Jazeera. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's new prime minister is facing pressure to deal with a scandal less than a week into his term. The finance ministry says $2.5 billion has been stolen from one of its accounts. […]
By Michael Knights 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. Scoring Iraq's New Government: Metrics for Preserving U.S. Interests The protracted post-election process has been a step backward for Iraqi democracy, so Washington will need […]
By John Lee. Iraq's Federal Commission of Integrity (FCOI) has said it is investigating the theft of 3.7 trillion Iraqi dinars ($2.5 billion) from the General Tax Authority. The funds were allegedly stolen from the Tax Authority's account at the state-run Rafidain Bank. According to The National, the money was paid to five recently-created companies […]
By Sajad Jiyad, for The Century Foundation (TCF). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Can a New Government Save Iraq? A little more than a year after the country's last elections, Iraq has finally broken its political deadlock. On Thursday, the […]
By Firas Elias 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. Iran's Dilemma in Managing Shiite Conflicts in Iraq Iran has recently adopted a more hands-off approach in Iraqi politics, hoping that the internal fractures will […]
By Hamdi Malik and Michael Knights 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. Iraqi Militia Group Makes Credible New Threat Against the Gulf States The facade group in question tends to follow through on its […]
By Dr Renad Mansour for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The deadly greed of Iraq's elite Political unrest since last year's election has claimed dozens of lives - but high-level corruption has quietly killed many more Iraqis. Click here […]
[Amended 29th Sept 2022 at 15:50 BST to include comment from G4S] Security arrangements at Baghdad International Airport (BIAP) have been called into question, as a new firm takes over the contract to secure the airport. A source close to the matter told Iraq Business News that G4S, which has been managing security at the […]
