By John Lee. The United States has imposed sanctions on the Iraqi airline Fly Baghdad, and on its CEO, Basheer Abdulkadhim Alwan al-Shabbani. In a statement on Monday, the Department of the Treasury's Office of Foreign Assets Control (OFAC) said the airline, "provid[ed] assistance to the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its proxy […]
By John Lee. Canada's Shamaran Petroleum and US's HKN Energy are to aquire Abu Dhabi National Energy Company (TAQA)'s interest in the Atrush oilfield in Iraqi Kurdistan. In a regulatory statement on Monday, TAQA said: "... Abu Dhabi National Energy Company PJSC ("TAQA") has, through its wholly-owned subsidiary, TAQA International BV, entered into definitive agreements […]
By Abbas Kadhim for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's prime minister is sending mixed messages on whether US forces should withdraw or not The coming months will reveal whether the Iraqi government intends to uphold the […]
By John Lee. In Davos, Iraqi Prime Minister Mohammed Shia Al-Sudani met with Mr. Khaled Haballah, the Regional CEO of J.P. Morgan (JPMorgan Chase) for the Middle East and North Africa. The meeting focused on exploring cooperation opportunities in financial areas, including opening accounts for Iraqi banks. Discussions also touched upon the potential participation of […]
By John Lee. The Iraqi Ministry of Foreign Affairs has summoned the Iraqi Ambassador to Tehran, Naseer Abdul Mohsen Abdullah Al-Karawi, for consultations, following missile attacks by Iran's Islamic Revolutionary Guard Corps (IRGC) on targets in Erbil overnight. The attacks causing several deaths and injuries. In a statement, the Prime Minister of the Kurdistan Regional […]
By John Lee. Hundreds of Yazidi-Americans have filed a civil lawsuit against French conglomerate Lafarge, seeking to hold the company accountable for its admitted criminal conspiracy with the so-called Islamic State group (ISIS, ISIL, Daesh), and to obtain justice for the Yazidi people. Nobel Prize winner and human rights activist Nadia Murad is the lead […]
By John Lee. Under the patronage of Oil Minister Hayyan Abdul Ghani, Basra Oil Company (BOC) organized a ceremony for the handover of the main operator role for the West Qurna 1 oilfield. The event, attended by the Ministry's Deputy for Extraction Affairs Basim Mohammed Khudair, marked the transfer of management responsibilities to China's PetroChina, […]
By John Lee. US-based Lockheed Martin Aeronautics has been awarded a $13,541,434 definitization modification (PZ0001) to previously awarded contract FA8553-23-F-0007 for C-130J contract logistic support. The contract modification definitizes prices for contractor sustainment support services to include technical assistance, logistics support, aircraft maintenance support, repair and procurement of C-130J spares, repair and procurement of C-130J […]
By Sardar Aziz and 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. Family Rule in Iraq and the Challenge to State and Democracy A handful of personalities have consumed all the country's political oxygen, […]
By Michael Knights, Hamdi Malik and Crispin Smith, for the Combating Terrorism Center (CTC) at West Point. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's New Regime Change: How Tehran-Backed Terrorist Organizations and Militias Captured the Iraqi State A comprehensive study of the […]
By John Lee. France and the United Kingdom are to co-chair the Iraq Economic Contact Group (IECG) from the start of January. In a statement, the group added that, as friends and partners of Iraq, Canada, France, Germany, Italy, Japan, the European Union, the United Kingdom, the United States, and the World Bank commit to […]
By 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. Overlap Between the Islamic Resistance of Iraq and the Popular Mobilization Forces The Islamic Resistance of Iraq mourned the loss of members of the Iraqi […]
