By John Lee. Canada's Sonoro Energy has announced the signing of a Heads of Agreement ("HOA") with TransAtlantic Petroleum LLC, a privately owned energy company headquartered in Dallas, Texas, to evaluate production investment opportunities in Iraq. Sonoro is chaired by Sara Akbar (pictured), co-founder of Kuwait Energy Company (KEC), which has had interests in Iraqi […]
By John Lee. KRG Prime Minister Masrour Barzani recently received a delegation from the United States-Kurdistan Business Council (USKBC), led by its President, David Tafuri. The KRG said in a statement: "David Tafuri congratulated the Kurdistan Region for holding a successful and democratic parliamentary elections last month. He reiterated the USKBC mission to support and […]
By John Lee. The Iraqi Ministry of Planning organized a workshop to discuss updates and enhancements to the Iraq Development Management System (IDMS). Sief Falah Hassan, head of the Office Monitoring and Project Management Department, highlighted that the system integrates various components, including international cooperation, proposed and approved projects, a comprehensive project bank, national development […]
By John Lee. iMMAP Inc., a US-based nonprofit organization that provides information management services to humanitarian and development organizations, has won a contract with the United Nations Educational Scientific and Cultural Organization (UNESCO) for "Operating, Maintaining, Training, and Further Development of the Education Management Information System (EMIS) for the Ministry of Education under 'Equitable Quality […]
From Human Rights Watch (HRW). Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Jury Awards $42 Million to 3 Iraqis Abused at Abu Ghraib Prison A federal jury in the US state of Virginia found defense contractor CACI Premier Technology, Inc. legally responsible […]
By John Lee. The Iraqi Ministry of Planning, in collaboration with the Ministries of Oil and Industry and Minerals, has launched a feasibility study for the strategic Al-Nibras [Nebras] Petrochemicals Project in Basra. Consultancy firm KBR has been appointed to conduct a comprehensive technical and economic review to map an optimal implementation path, building on […]
By John Lee. Iraq's Ministry of Electricity and US-based GE Vernova has announced the completion of five key substations ahead of schedule. According to a statement from GE Vernova, rhe five substations-Al Hindia, Al Sader, Al Qaim Saada, North Baqubah, and Yaramja South-will support more stable electricity distribution across Iraq. North Baqubah and Yaramja South […]
By John Lee. Iraq's Supercell Network has announced that it will the exclusive agent for US-based Genesys in Iraq. Genesys offers Call Center as a Service (CCaaS) and Omni-channel solutions to improve connectivity between businesses and customers, with a focus on artificial intelligence such as chat bots, voice bots, and data analytics tools. According to […]
Celebrating ICF's 12th Annual IN THEIR SHOES 5K to Benefit Iraq's Orphans and Vulnerable Children On Saturday, September 28, 2024, hundreds in Washington, DC and around the world joined the Iraqi Children Foundation's 12th annual run/walk to benefit Iraq's most vulnerable children, including orphans, street kids, child laborers, disabled children, and child victims of trafficking. […]
By John Lee. Iraq's Foreign Economic Relations Department, through its commercial attaché in Washington, held talks with US-based MACK Trucks to explore avenues of economic and commercial cooperation between Iraq and the United States. The discussions focused on technology transfer and establishing truck assembly lines in Iraq, following the Memorandum of Understanding signed earlier this […]
By John Lee. The Organized Crime and Corruption Reporting Project (OCCRP) has claimed that Iraq's dollar auction system has been exploited by money launderers and militant groups. Click here to read the report. (Source: OCCRP)
By John Lee. An opinion piece published by The Washington Institute for Near East Policy argues that the US should consider supporting both the Development Road project and Turkiye's wider plans in Iraq, "since both serve the paramount goal of counterbalancing Iranian influence." Soner Cagaptay writes: "Ankara believes that the lucrative construction contracts for the […]
