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By John Lee. Iran risks losing market share in Iraq unless it modernises its commercial systems and improves data-driven planning, according to the Tehran Times. Yahya Al-e-Eshaq, head of the Iran-Iraq Joint Chamber of Commerce, is quoted as saying that formal bilateral trade reached $12 billion last year, rising to nearly $15 billion when informal […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. PMU's economic arm under pressure as Iraq telecoms deal sparks ire Iraq has been shaken by claims that Iran-backed armed groups are aiming to gain control of the country's data network. The full […]
By James Jeffrey and David Schenker, for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Election: Outcomes and Next Steps Sudani did very well at the ballot box, but the peculiarities of Iraq's long government formation […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Tensions soar as Pentagon chief 'issues final warning' to Iraq over armed groups Iraq has received a claimed "final warning" from the US that Iran-backed armed factions must sit out a potential renewed […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iran floats 'dual-track approach' as Baghdad playbook gets reconsidered As Iran takes stock of its regional policies amid a tenuous lull in its confrontation with Israel and the US, an adaptive posture towards […]
By Raad Alkadiri for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US energy firms are returning to Iraq -- but politics could undo their fortunes US firms are back in Iraq. Whether their outlook is as propitious a year […]
By John Lee. As part of efforts to strengthen academic and research collaboration, Baghdad University received Dr. Masoud Tajrishi, President of Iran's Sanati Sharif University, and his accompanying delegation. The visit aimed to enhance mutual cooperation and develop scientific partnerships between the two institutions. The visiting delegation was welcomed by Professor Dr. Baha Ibrahim Insaf, […]
By Mohammed A. Salih for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Why Washington's anti-PMF moves are testing the Iraq partnership Recent measures from the Trump administration against Iraq's Popular Mobilization Forces (PMF) -- a 240,000-strong force with an […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq braces for knock-on effects as UN sanctions on Iran return The "snapback" of UN sanctions on Iran is triggering widespread anxiety in Iraq about impending economic consequences. Observers warn that the fallout […]
By John Lee. An Iraqi government spokesman has said Iraq views recent US sanctions against Iraqi enities, including the Muhandis General Company [Sharakat al-Muhandis al-Amma], as "deeply regrettable," describing it as a unilateral action that contradicts the spirit of friendship and mutual respect between the two countries. Basim Alawadi added that the Prime Minister has […]
By John Lee. The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed new sanctions targeting individuals and companies accused of helping the Iranian regime evade US sanctions, smuggle weapons, and engage in corruption through networks operating in Iraq. According to a statement from OFAC, the designations target Iraq-based financial and […]
By John Lee. Minister of Oil, Hayan Abdul Ghani, has launched drilling operations for the first oil well in the Fao [Faw] block during a recent visit to Basra. He underlined the Ministry's commitment to developing oil fields and exploration blocks to boost crude output and expand gas investment in support of the national economy. […]
