Pentagon to Sell Apaches to Iraq
By John Lee. The US Defense Security Cooperation Agency (DSCA) has notified Congress of a possible Foreign Military Sale to Iraq for AH-64E APACHE LONGBOW Attack Helicopters and associated equipment, parts, training and logistical support for an estimated cost of $4.8 billion. The Government of Iraq has requested a possible sale of 24 AH-64E APACHE […]
Iraq’s Imagined Conflicts
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Besides the real causes behind the disputes in Iraq, there are a great number of conflicts revolving around figments of the imagination in the collective mindsets of the country's sects. These […]
$16m Deal for Cancer Care Solutions
Sweden's Elekta has received an important order from Iraq for state-of-the-art radiation therapy equipment. The deal includes 10 Elekta Synergy Platform linear accelerators (linacs) to be delivered to five Iraqi Ministry of Health sites (two linacs per site): Babil, Basrah, Karbala, Missan and Nasriah. The deal for each site includes treatment planning software (TPS), MOSAIQ […]
Iraq’s Oil Brinkmanship
By Denise Natali for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. As al-Qaeda continues to terrorize parts of Iraq, another battle looms over the country: control over Iraqi hydrocarbons and revenues. The Kurdistan Regional Government (KRG) is pressing ahead with its plans to […]
Iraq Pays Another $1bn Compensation to Kuwait
The United Nations Compensation Commission has made available $1.03 billion to the Government of the State of Kuwait towards the Commission’s remaining claim with an outstanding award balance. The United Nations Compensation Commission was established in 1991 in accordance with Security Council resolutions 687 (1991) and 692 (1991) to process claims and pay compensation for […]
Attempts to Solve Housing Crisis Cause Problems
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Govt Attempts to Solve Iraqi Kurdistan’s Housing Crisis Causes Even Bigger Problems Authorities in Iraqi Kurdistan are trying to solve the housing crisis in the area by handing out […]
$82m of Hellfire Missiles for Iraq
The Defense Security Cooperation Agency notified Congress on Thursday of a possible Foreign Military Sale to Iraq for AGM-114K/R Hellfire Missiles and associated equipment, parts, training and logistical support for an estimated cost of $82 million. The Government of Iraq has requested a possible sale of 500 AGM-114K/R Hellfire missiles, Hellfire missile conversion, blast fragmentation […]
US Re-Affirms Partnership with Iraq
On Wednesday, President Obama joined Vice President Joe Biden’s meeting with Iraqi Council of Representatives Speaker Osama al-Nujaifi and a delegation of Iraqi parliamentarians. Both sides reaffirmed the importance of the strategic partnership between the United States and Iraq. The President encouraged Iraq’s leaders to continue dialogue to address the legitimate grievances of all communities […]
KBR and Others Sued for Kickbacks
The US government has filed a complaint against Kellogg, Brown & Root Services Inc. (KBR) and Kuwaiti companies La Nouvelle General Trading & Contracting Co. (La Nouvelle) and First Kuwaiti Trading Co. (First Kuwaiti) for submitting false claims in connection with KBR’s contract with the Army to provide logistical support in Iraq, the Department of […]
Conference on Legal Aid for Vulnerable Populations
On Wednesday January 22, Deputy Chief of Mission John P. Desrocher joined the Secretary General of Council of Ministers, Mr. Ali Mohsen Al-Alaq, in opening the First National Conference on Legal Aid Clinics at the Royal Tulip Hotel in Baghdad. The event was attended by ministers, members of parliament, and regional and local government officials […]
Weir Wins $98m Contract with Lukoil
The Weir Group has announced it has signed a contract with LUKOIL to provide general maintenance services for the West Qurna-2 oilfield in Southern Iraq. The agreement, which is for two years and is estimated to be worth a total ofUS$98m (£59m), will see Weir engineers deliver mechanical, electrical, maintenance and pipeline services for the […]
Corruption and Construction in Karbala
This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Six Years to Build a Short Road: Corruption and Construction in Karbala Despite the city’s tourism wealth, Karbala city officials say they don’t have enough money to complete important […]