Prerequisites for Expanding the Iraqi Oil Tankers Company
By Yaqoub Yousif Al-Khudhur, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Restructuring and Change of Ownership as a Prerequisite for Expanding the Iraqi Oil Tankers Company: An Analytical Feasibility Study Since Iran began closing the […]
Can Baghdad's Air Defense Umbrella Bring US Oil Back to Iraqi Kurdistan?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can Baghdad's Air Defense Umbrella Bring US Oil Back to Iraqi Kurdistan? Several years of intermittent regional conflict appears to be bringing Baghdad and Erbil closer together amid high-level negotiations to deploy air defense […]
Iraq's Central Bank Governor cannot Fight Crime on his Own
By Andrew Cunningham, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's central bank governor cannot fight crime on his own On June 19, the Financial Action Task Force (FATF) placed Iraq on its grey list, subjecting […]
Electricity Expenditure in Iraq "10x Higher than Needed"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Electricity expenditure in Iraq 10 times higher than actual need: NGO The money spent on Iraq's electricity sector is 10 times higher than what is actually required to provide full power supply, the head […]
Future of Iraq-Turkey Pipeline Discussed in Ankara
By John Lee. A high-level Iraqi delegation visited Ankara on Wednesday and Thursday to discuss the future of the Iraq-Turkey Pipeline (ITP) and explore cooperation in oil exports and energy. According to Iraq's Ministry of Oil, the visit forms part of the Ministry's policy of diversifying crude oil export sources and expanding cooperation with neighbouring […]
"More to Iraq's Corruption Crackdown than Meets the Eye"
By Omar Mohammed, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. There is more to Iraq's corruption crackdown than meets the eye The wave of arrests that swept Baghdad's Green Zone before dawn on Sunday is being presented, at home […]
ZainCash CEO: Iraq 5 Years Behind in Digital Payments
By Valentina Pasquali, for Arabian Gulf Business Insight (AGBI). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. ZainCash CEO: Iraq is 5 years behind in digital payments A burgeoning youth market is driving adoption of digital payments in Iraq, but deep-rooted reliance on […]
New Classifications for 47 Iraqi Contracting Companies
By John Lee. Iraq's Ministry of Planning has completed 209 transactions to issue or renew contractor classification certificates, following the 142nd session of its Contractors Classification Committee. According to the Ministry of Planning, the session was chaired by the Ministry's Undersecretary for Administrative Affairs and Director General of the Legal Department, Dr. Hanaa Ismail Al-Asadi, […]
20% of Iraq's Public Funds "Lost to Corruption"
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. UNDP estimates 20% of Iraq's public funds lost to corruption Up to 20 percent of Iraq's public funds have been lost to corruption, a United Nations Development Programme (UNDP) official in Iraq told Rudaw […]
PM Gambles on Anti-Graft Offensive; Will Washington be Wooed?
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Zaidi gambles on anti-graft offensive, but will Washington be wooed? A sudden wave of arrests in recent days targeting Iraqi political elites over alleged corruption has animated local media and set off intense […]
Effects of US-Iran Agreement on Iraq's Oil Maritime Transport
By Dr. Hussein Al-Jazairi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Expected Effects of the US-Iran Peace Agreement on Iraq's Oil Maritime Transport Sector The maritime transport and insurance sector in the Arabian Gulf […]
$130m in Cash, Gold, Luxury Assets Seized in Crackdown
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Seizes $130 Million in Cash, Gold, Luxury Assets in Expanding Anti-Corruption Crackdown Iraqi security forces have seized 170 billion Iraqi dinars (approximately $130 million) in cash, along with large quantities of gold, weapons, […]