By John Lee. Resecurity, a US-based provider of threat intelligence and cybersecurity, has signed a strategic Memorandum of Understanding (MoU) with Iraq's national Cyber Events Response Team (IQ-CERT), in coordination with ICS Technologies, Resecurity's official distributor in Iraq. According to a press release, the agreement is designed to strengthen Iraq's national cyber defence infrastructure and […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani received a delegation from U.S. oil services firm Morgan Hughes, led by the company's Vice President Gregory Bloom, in a meeting held on Tuesday and attended by Steven Fagin, Chargé d'Affaires at the U.S. Embassy in Baghdad. The talks focused on potential cooperation and investment opportunities, including […]
By John Lee. The Iraqi Cabinet has approved an exception for US-based HKN Energy, allowing it to bypass the standard qualification criteria and receive a direct invitation to develop the Hamrin oil field in northern Iraq. Last week, the Ministry of Oil signed an agreement in principle with HKN to develop the field, aiming to […]
By John Lee. The Ministry of Oil has signed a contract with US-based Schlumberger (SLB) to increase natural gas production at the Akkas gas field in Anbar province. Speaking at the signing ceremony, Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, described the project as a major milestone in Iraq's […]
By John Lee. Northrop Grumman Systems Corp., Fort Worth, Texas, has been awarded an $11,737,827 modification (P00031) to a previously awarded contract FA8617-21-C-6237 for contractor logistics support of Iraq's C-172 and C-208 fleets. The modification brings the total cumulative face value of the contract from $58,886,759 to $70,624,586. Work will be performed at Martyr BG […]
By John Lee. The US State Department has announced the end of Ordered Departure Status for personnel at the U.S. Embassy in Baghdad and U.S. Consulate General in Erbil, effective July 17, 2025. Department Spokesperson Tammy Bruce (pictured) stated that personnel who had been temporarily relocated outside Iraq will begin a phased return to their […]
By Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump's Policies and Cryptocurrency: Will Bitcoin's Success Translate to the Iraqi Dinar? The relationship between political leadership and financial markets has rarely been as pronounced as it is today with cryptocurrency. Since Donald […]
By John Lee. The Kurdistan Regional Government's Ministry of Natural Resources has confirmed reports of another attack on oil facilities in Northern Iraq. According to a statement on Wednesday, the Ain Safni oil field in the Sheikhan district of Duhok Governorate was attacked by drone. Ain Sifni is operated by US-based Hunt Oil. The KRG […]
By John Lee. The Ministry of Oil has signed an agreement in principle with HKN Energy to develop the Hamrin field in northern Iraq. The agreement, signed on Tuesday between North Oil Company (NOC) and the US-based company aims to increase the field's output to 60,000 barrels per day, up from the current 20,000-25,000 bpd, […]
By John Lee. The Ministry of Trade has confirmed that Iraq's oil exports to the United States will not be affected by the newly announced 30-percent U.S. tariff, which was introduced by President Donald Trump to address the trade deficit with Iraq. Trade Ministry spokesperson Mohammed Hanoun said that oil exports are exempt from the […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. From Iraq to Algeria, Trump's looming tariffs could target 4 MENA countries The United States has a trade deficit with Iraq, Algeria, Libya and Tunisia, according to the US […]
By Michael Knights, 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. Leveraging Iran's Defeat to Strengthen U.S.-Iraq Security Relations Tehran's Iraqi proxies mostly sat out the twelve-day war, but this pragmatic restraint will not forestall growing […]
