By John Lee. Iraqi Prime Minister Mohammed Shia Al-Sudani chaired a meeting with representatives from KBR to discuss the completion of projects aimed at improving Baghdad's city entrances. The meeting included the Minister of Construction and Housing, the Governor of Baghdad, and other officials. Discussions focused on KBR's support for the Ministry of Planning in […]
By Jared Szuba for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US resumes talks with Iraq over future of troop presence Negotiations between the Biden administration and a senior Iraqi delegation resumed in Washington on Monday in an effort to […]
By John Lee. Northrop Grumman Systems Corp., Fort Worth, Texas, has been awarded an $11,197,328 modification (P00023) 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 $46,593,226 to $57,790,554. Work will be performed at Martyr BG […]
By Charles Lister for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. CENTCOM says ISIS is reconstituting in Syria and Iraq, but the reality is even worse In an unusual public statement, United States Armed Forces' Central Command (CENTCOM) […]
By John Lee. The United States Armed Forces' Central Command (CENTCOM) has issued an update on ISIS activity in Iraq and Syria for the first six months of 2024, in which it suggests that ISIS may more than double its attacks compared to 2023. The main points of the report were as follows: 1. Increase […]
By John Lee. A US court has overturned a decision that had granted a military contractor more than $120 million in damages against the Republic of Iraq and the Iraqi Ministry of Defense. The 2019 judgement would have reimbursed Wye Oak Technology for unpaid invoices relating to work done for the Iraqi Ministry of Defense. […]
By Elizabeth Hagedorn for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US renews sanctions waiver for Iraq to purchase Iranian electricity The waiver issued on July 11 permits Iraq to pay neighboring Iran for electricity imports without running afoul of […]
By John Lee. Iraq's Minister of Transport, Razzaq Muhibis Al-Saadawi, announced the signing of a contract with Oliver Wyman, a consultancy firm, to provide advisory services for the Development Road project. Al-Saadawi stated that the consultancy will assist the ministry in marketing the project and overseeing investment opportunities. The contract, signed by Younis Khalid Jawad, […]
From FinCEN, a bureau of the US Department of the Treasury. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. FinCEN Finalizes Financial Measure Against Iraq-based Al-Huda Bank to Combat Terrorist Financing Today [Wednesday 26th June, 2o24], the U.S. Department of the Treasury's Financial Crimes […]
By Selin Uysal and Devorah Margolin, 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. A New Era in Iraq's Relations with the West? Amid growing pressure to dissolve the coalition and withdraw troops, the United States […]
By John Lee. American engineering firm KBR has announced that it has been awarded a five-year contract, with options, to support the Iraqi government's visionary infrastructure and future energy ambitions, including the delivery of megaprojects and sustainable development. Under the terms of the $46 million contract, KBR will provide its differentiated advisory and consultancy capabilities […]
By John Lee. The US Department of State has designated Harakat Ansar Allah al-Awfiya (HAAA) and HAAA Secretary General Haydar Muzhir Ma'lak al-Sa'idi, as Specially Designated Global Terrorists (SDGTs). It describes Harakat Ansar Allah al-Awfiya as an Iraq-based, Iran-aligned militia group and part of the "Islamic Resistance in Iraq (IRI)"- a front group comprised of […]
