By John Lee. Iraq's Military Industries Commission (MIC) has been directed to deal exclusively with original manufacturers when procuring weapons and equipment, cutting out intermediary companies entirely. Prime Minister Ali al-Zaidi issued the directive during a visit to the Commission on Thursday, according to a statement from the Prime Minister's Office. Al-Zaidi met with the […]
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 […]
By John Lee. Iraq's Ministry of Interior has been authorised to contract with the Military Industrialization Authority (MIA) to purchase a system designed to counter unmanned aerial vehicles (UAVs). According to the Prime Minister's Office, the Council of Ministers approved granting the ministry the authority to conclude the contract as part of efforts to strengthen Iraq's […]
