A New Era of Partnership with Iraq
By James Durso, for The Hill. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. A New Era of Partnership with Iraq Next week's Washington visit by Iraq's new prime minister, Ali al-Zaidi, offers an opportunity to reset expectations about the U.S.-Iraq relationship. ... Today, […]
Iraq, Turkey consider Joint Investment Fund
By John Lee. Iraq's Prime Minister, Ali al-Zaidi, met on Thursday with Turkey's Minister of Energy and Natural Resources, Alparslan Bayraktar, to discuss bilateral cooperation across a range of sectors. The Iraqi government's media office reported that talks covered energy, oil and gas, electricity, agriculture, and regional connectivity. During the meeting, Ali al-Zaidi highlighted plans […]
SJC Outlines Recovery Efforts in $2.9bn Tax Fraud Case
By John Lee. Iraq's Supreme Judicial Council (SJC) has issued a clarification on ongoing proceedings related to a large-scale tax deposit fraud case, detailing convictions, asset seizures, and efforts to recover public funds. According to the SJC, foreign companies operating in Iraq are required to deposit five percent of a project's value with the General […]
Can Iraq Navigate the Hormuz Dilemma with a New Fleet?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Iraq Navigate the Hormuz Dilemma with a New Maritime Fleet? Momentum is building in Iraq to resurrect the nation's maritime shipping fleet after decades of war, sanctions and instability have kept the […]
Iraqi Airways Receives First Spare Engine for Boeing 737 MAX
By John Lee. Iraqi Airways has taken delivery of its first LEAP-1B spare engine for its Boeing 737 MAX fleet. A second spare engine is expected to arrive in August. According to the Ministry of Transport, Manaf Abd al-Mun'im, Director General of the airline, said the delivery runs in parallel with efforts overseen by Transport […]
Iran Is Losing Iraq
By Kamaran Palani, for Foreign Affairs. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran Is Losing Iraq Whenever the Iran war comes to an end, the Islamic Republic is likely to emerge in a stronger position. Should the terms of a June memorandum […]
Schneider Electric Partners with T964 for New Baghdad Data Centre
By John Lee. Iraq's first commercial Tier III data centre is under construction in Baghdad, with France's Schneider Electric named as the technology partner responsible for its power and cooling infrastructure. The facility is being developed by T964, a technology and connectivity investment group, and is scheduled to open by the end of 2026. According […]
Iraq "Drops $280m Vehicle Deal over Inflated Costs"
From Shafaq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq drops $280M vehicle deal over inflated costs Iraq's Ministry of Defence has suspended the purchase of 800 cargo trucks after a review identified a $160 million price gap, a source familiar with the […]
Iraq's Anti-Corruption Crackdown "Faces Scepticism"
By Azhar Al-Rubaie, for Middle East Eye. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's Anti-Corruption Crackdown Faces Scepticism Despite Dramatic Raids A dawn raid inside Baghdad's heavily fortified Green Zone delivered one of Iraq's most dramatic anti-corruption crackdowns in years, but […]
Kurdish Rebels "Wary of Tehran's Next Move"
By Wladimir van Wilgenburg, for the Carnegie Endowment for International Peace. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kurdish Rebel Groups Are Wary of Tehran's Next Move Following its deal with the United States, Iran may act against Iraq-based dissidents. Click here […]
North Oil Company and HKN Sign Hamrin Contract
By John Lee. A development contract for the Hamrin oil field has been signed between North Oil Company (NOC) and US-based HKN Energy, in a ceremony attended by Minister of Oil Basim Muhammad Khudhair al-Abadi. Under the contract, peak production at the field is expected to reach 140,000 barrels per day, with associated gas output […]
Iraqi PM Outlines Anti-Corruption Drive and Policy Priorities
By John Lee. Iraq's prime minister has pledged to pursue corruption cases without exception, seek a fairer OPEC production quota, and announce a political and economic partnership with the United States, in a wide-ranging interview broadcast on Al Arabiya. Ali al-Zaidi told Al Arabiya that anti-corruption efforts would be pursued without regard to sectarian, ethnic, […]