By a Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Anecdotal evidence, including inquiries to Iraq Business News, seems to suggest that supporters of US President-elect Donald Trump are more likely to believe that the Iraqi currency, the Dinar (IQD), will increase […]
By John Lee. The American University of Iraq-Baghdad (AUIB) has announced that it has received a $2.1 million grant from the U.S. Department of State. According to a statement from AUIB, this grant will aid AUIB's efforts to revolutionize higher education in alignment with Iraq's National Education Strategy. The funding will establish two groundbreaking initiatives: […]
By John Lee. The Iraqi Ministry of Electricity, in collaboration with the U.S. Department of Commerce's Commercial Law Development Program (CLDP), organized a two-day workshop in Baghdad to explore best practices in financial modeling for energy production projects. Key attendees included Dr. Abdul Hamza Hadi, ministry advisor, and specialized staff from various departments and companies. […]
By John Lee. The US State Department issued its 2024 Investment Climate Statement for Iraq earlier this year. The report covers the following key areas: Openness To, and Restrictions Upon, Foreign Investment Bilateral Investment and Taxation Treaties Legal Regime Industrial Policies Protection of Property Rights Financial Sector State-Owned Enterprises Responsible Business Conduct Corruption Political and Security Environment […]
By John Lee. At a press briefing this week, US State Department spokesperson Vedant Patel (pictured) said the United States has issued another 120-day waiver to allow Iraq to continue importing electricity from Iran. Addressing a question from the floor, Patel said: "On November 7th, the department did renew Iraq's electricity waiver for the 23rd […]
By John Lee. Iraq's Deputy Minister of Oil for Refining Affairs, Hamed Younis, reaffirmed Iraq's commitment to collaborating with reputable global companies to advance its refining sector. This aligns with the government's strategic program and directives from Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani. During a meeting with Honeywell's Middle […]
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. How Washington Can Salvage Iraq's Counter Terrorism Service CTS [Counter Terrorism Service] is the most successful U.S. partner force in Iraq, which is why Iran-backed […]
By Herman Wang and Lauren Holtmeier, for S&P Global. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Trump may target Iraq's oil sector with sanctions to counter Iranian influence: sources US President-elect Donald Trump's planned maximum pressure sanctions campaign on Iran may extend to […]
By John Lee. Archer Daniels Midland (ADM) will reportedly sell 44,000 metric tons of U.S. long grain rice to Iraq. According to FarmProgress.com, the product is expected to be shipped in January. More here. (Source: FarmProgress.com)
By Michael Knights, for the French Research Center on Iraq (CFRI). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Trump Administration and Iraq: What Comes Next? The re-election of Donald Trump probably signals the commencement of a more assertive U.S. effort versus Iranian […]
By John Lee. The US Agency for International Development (USAID) has announced a $20 million investment over four years to enhance water and sanitation services in Iraq, benefiting 2.5 million people across five governorates: Maysan [Missan], Diwaniyah, Ninewa, Baghdad, and Erbil. Implemented by the United Nations Children's Fund (UNICEF) under the Government of Iraq's leadership, […]
By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Is The U.S. Going To Bring This Multi-Billion Iraq Project To Fruition? Among the many projects in Iraq's energy sector that could each make it much-needed billions of dollars a year […]
