From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Electricity expenditure in Iraq 10 times higher than actual need: NGO The money spent on Iraq's electricity sector is 10 times higher than what is actually required to provide full power supply, the head […]
By Omar Mohammed, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. There is more to Iraq's corruption crackdown than meets the eye The wave of arrests that swept Baghdad's Green Zone before dawn on Sunday is being presented, at home […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Zaidi gambles on anti-graft offensive, but will Washington be wooed? A sudden wave of arrests in recent days targeting Iraqi political elites over alleged corruption has animated local media and set off intense […]
By Dr. Hussein Al-Jazairi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Expected Effects of the US-Iran Peace Agreement on Iraq's Oil Maritime Transport Sector The maritime transport and insurance sector in the Arabian Gulf […]
From The New York Times. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. U.S. Resumes Dollar Transfers to Iraq After Monthslong Suspension The Trump administration had halted the shipments to Iraq as part of its efforts to pressure the Baghdad government to distance itself […]
By John Lee. Basra Oil Company (BOC) signed a confidentiality agreement with Chevron of the United States on Wednesday to regulate the exchange of information for the evaluation of the West Qurna 2 oil field, and to negotiate future agreements. According to the Ministry of Oil, West Qurna 2 is one of Iraq's giant oil […]
By John Lee. The U.S. Embassy in Baghdad has announced that KBR has signed a memorandum of understanding with the local government in Basra aimed at drawing on American expertise to develop infrastructure and support economic growth in the province. (Source: U.S. Embassy Baghdad)
By Hadley Gamble, for The National. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. US companies will be 'top priority' in Iraq, new PM says With his first trip to Washington only weeks away, Iraq's Prime Minister Ali Al Zaidi told The National […]
From Amwaj Media. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Arms-for-assets strategy tests Iran-backed factions in Iraq The administration of Prime Minister Ali Al-Zaidi appears to be pursuing an "arms-for-assets" approach aimed at encouraging Iran-backed armed factions to integrate further into Iraq's security […]
By Michael Kern, for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Baghdad Hosting EU Energy Talks After Iraq Floats OPEC Exit European officials are expected to visit Baghdad in the coming weeks for high-level talks on energy cooperation, just hours after Iraq […]
By John Lee. Minister of Trade, Dr. Mustafa Nizar Al-Aani, has held discussions with the CEO of the American Global Medical Services (AGMS) Dr. Dr. Aizen Marrogi, on expanding economic and healthcare cooperation and strengthening the presence of US companies in the Iraqi market, according to Ministry of Trade media. Discussions focused on the possibility […]
By John Lee. The newly-appointed Governor of the Central Bank of Iraq (CBI), Nizar Nasser Hussein, received US Embassy Chargé d'Affaires Joshua Harris to discuss financial and economic cooperation. The meeting covered strengthening strategic cooperation, supporting monetary and economic stability, and advancing banking sector reforms. Harris said the United States supports efforts to strengthen stability […]
