By John Lee. Mohammad Reza Nematzadeh, Iranian minister of Industry, Trade and Mines, has opened a new assembly line at Iran Khodro (IKCO)'s assembly plant in Iskandariya, Iraq. The factory has the capacity to manufacture 30 Arisan pickup trucks per day; the Arisan, also called the “PU1”, replaces the Paykan pickup in Iran’s market. Parts […]
By John Lee. A new 30-percent customs tariff in Iraq is reported to be slowing business at the port of Umm Qasr (pictured), which handles 80 percent of the country's imports, choking the port with thousands of uncollected cargo containers. But according to the report from Reuters, the new rate does not apply in Iraqi […]
By John Lee. Iraq’s Commission of Integrity has referrd four former senior officials to court on charges of corruption. Middle East Monitor reports the the Commission referred two former deputies of Prime Minister Haider al-Abadi, the former director of former Prime Minister Nouri al-Maliki’s military office, and Baghdad’s former mayor. Bahaa al-Araji, Saleh al-Mutlaq, Farouk […]
UltiSat has been awarded a contract by SOS International (SOSi) to provide an integrated and managed satellite communications network solution in Taji, Iraq. SOSi is a provider of logistics, construction, training, intelligence, and information technology solutions to clients in the defense, diplomatic, intelligence and law enforcement communities. UltiSat is tasked to deploy, operate, and maintain […]
By John Lee. High-ranking officials from Iran and Iraq are to sign a memorandum of understanding (MoU) to improve cooperation in fighting financial corruption. The Head of the General Inspection Office of Iran, Nasser Seraj, hosted a visit from Hasan Al-Yasiri, the head of Iraq's Commission of Integrity, at which various aspects of the anti-corruption […]
Gulf Keystone Petroleum (GKP) announced today that the Kurdistan Regional Government has authorised a gross payment of US$15 million (US$12 million net to Gulf Keystone) to the company. Further to the KRG's Ministry of Natural Resources ("MNR") press release of 1 February 2016, this payment is being made on the basis of the Company's monthly […]
By John Lee. The International Atomic Energy Agency (IAEA) has told Reuters of a theft a radioactive source in Zubair. The industrial radiography device is described Ir-192 in a shielding container, which is classified as a Category 2 radioactive substance, meaning that if not managed properly it could be fatal to someone exposed for a […]
As the U.S.-led coalition’s air campaign to counter the Islamic State of Iraq and the Levant in Iraq and Syria brings its capabilities to the fight, joint interoperability continues to degrade the terrorist organization, the commander of U.S. Air Forces Central Command said today. Air Force Lt. Gen. Charles Q. Brown Jr., who also serves […]
U.S. and coalition military forces have continued to attack Islamic State of Iraq and the Levant terrorists in Syria and Iraq, Combined Joint Task Force Operation Inherent Resolve officials reported on Thursday. Officials reported details of the latest strikes, noting that assessments of results are based on initial reports. Strikes in Syria Attack, fighter, and […]
By John Lee. The Central Bank of Iraq (CBI) has reported that 28 banks and 19 remittance companies took part in its currency auction on Thursday. A total of $111,400,000 sold at a price of 1182 Iraqi Dinars (IQD) per dollar. (Source: Central Bank of Iraq)
By John Lee. Approximately 5,700 structures in and around Ramadi have incurred some level of damage since mid-2014, and almost 2,000 buildings have been destroyed, according to a study published by the United Nations Institute for Training and Research (UNITAR). Using satellite imagery collected on 29 January 2016 by the GeoEye-1 satellite, and compared with […]
By John Lee. TNA reports that Iran’s Minister of Industry, Mines, and Trade, Mohammad Reza Nematzadeh (pictured), is leading a delegation to Iraq for a two-day visit aimed at boosting trade between the two countries. During the visit, he will meet with high-ranking Iraqi officials and ministers, and will visit an Iranian trade fair in […]
