By John Lee. A US court has ordered Iraq to pay an American law firm $5.7 million in damages, interest and costs, relating to an unpaid legal bill. Mills Law Group LLP (MLG) took the state of Iraq, and the Iraqi Ministry of Justice, to court following Iraq's non-payment of fees for the company's services […]
By John Lee. The U.S. State Department has approved a possible sale of Follow-On Technical Support (FOTS) for vessel maintenance and repair to Iraq, valued at an estimated $65 million. The principal contractor will be Amentum, which was created in 2020 by the sale of AECOM's Management Services business to affiliates of Lindsay Goldberg and […]
By John Lee. IDS International LLC, based in Arlington, Virginia, has awarded an $8,575,534 hybrid (cost-no-fee and firm-fixed-price) contract to support tactical training in Iraq. Bids were solicited via the internet with one received. Work will be performed in Camp Taji, Iraq, with an estimated completion date of Sept. 28, 2025. Fiscal 2024 Foreign Military […]
By John Lee. US Deputy Secretary of the Treasury, Wally Adeyemo, and Iraqi Prime Minister Mohammed Shiaa' al Sudani met on the sidelines of the UN General Assembly to discuss Iraqi banking sector reform, financial relations with the United States, and combatting illicit finance. Deputy Secretary Adeyemo congratulated Prime Minister Sudani on Iraq's significant progress […]
By John Lee. The United Nations Development Programme (UNDP) and the United States Agency for International Development (USAID), in collaboration with the Ministry of Environment, have announced the launch of the National Strategy for the Protection and Improvement of the Environment in Iraq (2024-2030). This strategy marks a critical milestone in Iraq's efforts to tackle […]
By John Lee. Iraq's Prime Minister, Mohammed Shia' Al-Sudani, met with a delegation from Apple Inc., alongside the head of the Communications and Media Commission (CMC), Ali Al-Muayyed. The discussion centered on Iraq's ongoing digital transformation, led by Al-Sudani through the High Committee for Digital Transformation. The Prime Minister highlighted Iraq's evolution into a successful […]
By John Lee. Iraqi Minister of Oil, Hayan Abdul-Ghani, has held a series of meetings with oil industy executives during his visit to the United States: ARC Alternative and Renewable Construction LLC, represented by CEO Lonnie Coplen, and Maysoon Tawfik. Discussions involved cooperation on infrastructure development for Iraq's energy sector. Baker Hughes, led by senior […]
By John Lee. Iraq's Deputy Prime Minister for Energy Affairs and Oil Minister, Hayan Abdul Ghani, met with a delegation from Hunt Oil, including CEO Mark Gunnin and senior executives, during his visit to the United States. The talks focused on Iraq's efforts to invest in and develop oil and gas fields, with assurances of […]
By John Lee. The Iraqi Prime Minister met on Sunday with Mr. Lorenzo Simonelli, Chairman and CEO of US-based oil services company Baker Hughes, along with his accompanying delegation. Mohammed Shia Al-Sudani reiterated the government's commitment to ensuring the company's continued presence in Iraq and encouraged its expansion through collaboration with the government and the […]
By Muhammed Abed Mazeel al-Aboudi 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. Analyzing the Successes and Failures of Iraq's 5th plus and 6th Oil and Gas Bid Rounds For the sake of the Iraqi labor […]
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. Iraq's Watergate and the Fallout for U.S. Relations The politicized corruption of the country's best intelligence agency has exploded into a major eavesdropping scandal directed […]
By John Lee. An advisor to the Iraqi Prime Minister has reportedly said that international pharmaceutical and healthcare companies are keen to set up factories in Iraq. State-run Iraqi News Agency (INA) quotes Hammoudi Al-Lami as saying that UK-based AstraZeneca held a meeting a month ago with a view to entering the Iraqi market, "either […]
