By John Lee. Iraq's Finance Minister, Taif Sami, has signed a financing agreement for the maintenance of the Ministry of Electricity's power stations with JPMorgan, in partnership with General Electric (GE). The $257 million loan, guaranteed by the US Export-Import Bank (EXIM), is part of the fifth phase of the annual maintenance project. The agreement […]
By John Lee. The Central Bank of Iraq (CBI) has reportedly made agreements to support several private Iraqi banks with foreign currency. State-run Iraqi News Agency (INA) quotes a government source as saying that, following meetings in Abu Dhabi with US officials, it has been agreed, "to boost the advance balance of five Iraqi banks […]
By John Lee. Texas-based Bell Helicopter, a wholly-owned subsidiary of Textron Inc., has been approved for a possible $300-million military contract with Iraq. Full statement from the US Defense Security Cooperation Agency (US DSCA): The State Department has made a determination approving a possible Foreign Military Sale to the Government of Iraq of Bell Helicopter […]
By Sarhang Hamasaeed for the United States Institute of Peace (USIP). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's al-Sudani Government, One Year Later It's been an eventful year for Iraq, with mixed results. But on balance, the prime minister has navigated […]
By Hamdi Malik, Michael Knights, Crispin Smith and Ameer al-Kaabi, 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. Potential Escalation in Iraq (Part 2): Asaib and Nujaba Asaib Ahl al-Haq, Harakat Hezbollah al-Nujaba, and their facade […]
By Hamdi Malik, Michael Knights, Crispin Smith and Ameer al-Kaabi, 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. Potential Escalation in Iraq (Part 1): Khamenei and Badr Iraqi "resistance" elements are becoming more bellicose in their […]
By John Lee. The US State Department has said that US citizens should not travel to Iraq. The announcement on Sunday followed recent attacks on Americans in the region. Full statement from US State Department: Updated to reflect the ordered departure of non-emergency U.S. government personnel and eligible family members. Do not travel to Iraq […]
By Hamdi Malik, Crispin Smith and 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. Coded Militia Language Aims to Signal Escalation The Iraqi "resistance" is using language that previously presaged attacks on U.S. targets, […]
By John Lee. US-based FAT (Fresh. Authentic. Tasty.) Brands Inc. has announced the opening of its first Johnny Rockets fast-food restaurant in Iraq. The new site is located in the Alyarmouk [Yarmouk] neighborhood Baghdad, and is operated by Alanwar Alarabiya. The first Johnny Rockets restaurant opened in 1986 in Los Angeles, and the chain now […]
Iraqi Children Foundation's 11th Annual "In Their Shoes" 5K is coming up on October 15! Help us raise awareness and funds for ICF's programs and provides access to lifesaving medical treatment, education, legal services, psychosocial support, food, and more. Details Where: Hains Point, Washington, D.C. or Virtually When: Sunday, October 15 registration at 7am and […]
By Steven Simon and Adam Weinstein, for Foreign Affairs. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq as It Is America can help the country, despite Iranian influence. Click here to read the full article (subscription required).
By Bilal Wahab 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 to Stop Iraqi Kurdistan's "Bleeding" Federal pressure and disastrous internal missteps have brought the KRG to the brink, raising the need for more active […]
