By John Lee. The National Investment Commission (NIC) has published details of a new investment opportunity in the Roads and Bridges Sector: Design, implement, operate and manage of rehabilitation project to the road connecting entrance No. (5) of Bismayah City with Muhammad Al Qasim Highway The National Investment Commission and the Ministry of Construction, Municipalities […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. US grants Iraq reprieve to continue buying Iranian gas The United States has decided to grant Iraq a third 90-day sanctions waiver so it can continue to purchase gas from […]
By Isadora Gotts for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. PMU economic offices undermine fragile stability in Mosul Escalating tensions between the United States and Iran are spilling over into Iraq as the United States orders the evacuation of all non-emergency […]
Iraq faces a tough challenge in developing its potential Writing in the Financial Times, Nick Butler argues that while the security situation across Iraq is probably better than at any time in the past three decades, success is not preordained. Click here to read the full article (subscription required)
Iraqi Foreign Minister Mohammad al-Hakim said his country would stand by the Iranian nation and government in the era of US sanctions against Tehran. Iraq stands with Iran and is willing to act as an intermediary between its neighbor and the United States, Hakim said on Saturday speaking in a press conference with his Iranian […]
By John Lee. Iraq’s Ministry of Oil has announced final oil exports for April of 103,988,607 barrels, giving an average for the month of 3.466 million barrels per day (bpd), up from the 3.377 million bpd exported in March. These exports from the oilfields in central and southern Iraq amounted to 100,635,009 barrels, while exports […]
In a resounding statement of support for the Government and people of Iraq in the country’s post-conflict recovery, the United Nations Security Council on 21 May 2019 extended the mandate of the UN Assistance Mission for Iraq (UNAMI) for another year, until 31 May 2020. Unanimously adopting resolution 2470 (2019) under Chapter 6 of the […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Could Iraq be pulled into a conflict between the United States and Iran? The United States is raising the stakes against what it calls threats from Iran. President Donald Trump is sending an […]
Washington has exempted Baghdad from some of its unilateral sanctions against Tehran, allowing Iraq to continue importing energy from Iran, according to the US envoy to Baghdad. Baghdad can now buy energy from Iran, US charge d’affaires Joey Hood told reporters on Wednesday, Iran's Press TV reported. The waiver will allow Iraq to continue buying […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Has Russia begun to play a role in Iraq? Member of the Iraqi parliament's Security and Defense Committee Hakim al-Zamili announced May 9 that negotiations were underway to buy an S-400 air missile system from […]
GardaWorld, a global leader in comprehensive security and risk management, has made its weekly security report available to Iraq Business News readers. Prepared by GardaWorld's Risk Analysis Team in Iraq, this essential report includes short- and medium-term outlooks on the security situation, reports and commentary on recent significant events, and a detailed overview of developments […]
Iraqi Prime Minister Adel abdul-Mahdi said on Tuesday that his country had prepared “strategic alternatives” for exporting oil in case a war erupted between the US and Iran, Anadolu reported. During his weekly press conference, he said: “It is important to deal with the North Iraq region and Turkey to find alternative ways to export […]
