By Ahmed Tabaqchali, Chief Strategist of Asia Frontier Capital (AFC) Iraq Fund, for the London School of Economics (LSE) Middle East Centre. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The Dinar, and the Conundrum over the Dollar and Iran A report in a […]
By John Lee. FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Hot Dog on a Stick and 16 other restaurant concepts, has announces a new development deal to open 10 new franchised locations in Iraq. In partnership with Global Vita USA LLC, 10 Hot Dog on a Stick locations will open throughout the country […]
By David S Cloud, for the Wall Street Journal. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Cracks Down on Dollar Smuggling Under Pressure From U.S. Washington aims to stop the flow of dollars to Iran. Click here to read the full article […]
From Kurdistan24. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. KRG, UNDP, USAID discuss reforming Kurdistan Region tourism The Kurdistan Region Government (KRG) is discussing a reform program for the tourism sector along with a United Nations development agency and a United States aid […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The fate of Iraq-US relations under PM Sudani Caught at the intersection of geopolitics and the goals of his domestic allies, Iraqi Prime Minister Muhammad Shia' Al-Sudani is in a difficult position. The […]
From Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US Secretary of State, Antony Blinken, on Tuesday signed a new national security waiver letting Iraq pay Iran for electricity that, for the first time, allows such […]
By John Lee. The US has reportedly barred 14 Iraqi banks from conducting dollar transactions, as part of a crackdown on illegal transfers of dollars to Iran and other sanctioned countries. According to the Wall Street Journal, the banks include Al Mustashar Islamic Bank, Erbil Bank, World Islamic Bank, Zain Iraq Islamic Bank and Al […]
By Noam Raydan 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 Power Problem (Part 1): Persistent Financial and Technical Challenges Diversifying Iraq's energy supplies won't mean much if its power infrastructure is not rehabilitated, and […]
KRG Prime Minister Masrour Barzani has appointed Treefa Aziz as the new KRG Representative to the United States. Ms Aziz was most recently Senior Advisor to the Prime Minister and previously worked for over 25 years in the United States in various capacities in the public and private sector. She was also the KDP Representative […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Inside story: Why Iran's allies in Iraq are adopting pragmatism towards the US When Iraq's Popular Mobilization Units (PMU) recently marked the ninth anniversary of their establishment, most observers expected the force to hold […]
By John Lee. In an effort to address the electricity crisis and overcome financing and sanctions-related challenges, Iraq and Iran signed an agreement on Tuesday in Baghdad, involving the exchange of Iranian-imported gas for Iraqi oil. Representing the Iraqi side, Mr. Ihsan Yaseen Al-Awadi, Chief of Staff to the Prime Minister, signed the agreement, while […]
By John Lee. The US President has welcomed the finalization of Iraq's Gas Growth Integrated Project (GGIP) with French firm TotalEnergies. In a statement, the White House said the project is a major step towards energy self-sufficiency and meeting its climate goals. Full statement from the White House: We welcome the finalization of Iraq's unprecedented […]
