By John Lee. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has deleted the following Iraq-related entities from its Specially Designated Nationals (SDN) list: MIDCO FINANCE S.A. (a.k.a. MIDCO FINANCIAL S.A.; a.k.a. MONTANA MANAGEMENT INC.), 57 Rue du Rhone, Geneva CH-1204, Switzerland; Panama; US FEIN CH-660-0-469-982-0 (United States); Switzerland [IRAQ2]. MIDCO […]
By John Lee. Iraq is understood to have purchased about 150,000 tonnes of wheat from Australia. According to a report from Reuters, a tender for a nominal 50,000 tonnes from either the United States, Australia or Canada closed on 18th December. More here. (Source: Reuters)
By John Lee. Texas-based Bell Helicopter, a wholly-owned subsidiary of Textron Inc., has been awarded a $134,592,912 modification (PZ0010) to contract W58RGZ-22-C-0012 for logistics services. Work will be performed in Iraq, with an estimated completion date of Feb. 22, 2027. (Source: US Dept of Defense)
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Will Iraq Finally Start To Use Its Natural Gas Reserves? It has long been a point of extreme contention with the U.S. that Iraq continues to rely on neighbouring - […]
The Ministry of Planning of the Kurdistan Regional Government of Iraq, in partnership with the United Nations Development Programme (UNDP) and with funding from the United States Agency for International Development (USAID) has launched a study on Micro, Small, and Medium-Enterprises (MSMEs) in Iraq. The study provides an evidence base to inform policies and strategies […]
By John Lee. Virginia-based security firm SOC LLC has failed in its attempt to challenge the awarding of a $1.2-billion contract for security services at the US embassy in Baghdad to rival GardaWorld. According to a decision from the US's Government Accountability Office (GAO), four proposals were received for the work, and the Department of […]
By Hamdi Malik 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. "Sudani Is a General Manager": How Militias View Iraq's New Prime Minister Militia leaders have stated that his authority will be limited to technocratic and […]
By John Lee. General Dynamics Land Systems Inc., Sterling Heights, Michigan, was awarded a $16,488,103 modification (P00004) to contract W56HZV-21-C-0072 for contractor logistics support for M1A1SA Abrams tanks and M88A1/A2 recovery vehicles. Work will be performed in Camp Taji, Iraq, with an estimated completion date of Dec. 31, 2023. (Source: US Dept of Defense)
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's New Prime Minister Doubles Down On Oil & Gas Deals With China And Russia It is possible that U.S. Secretary of State, Antony Blinken, believed for a moment that […]
Secretary of State Antony J. Blinken (pictured) spoke [on Thursday] with Iraqi Prime Minister Mohammed Shia al-Sudani to congratulate him on the October 27 formation of an Iraqi government. The Secretary conveyed that the United States is eager to work with the government and people of Iraq to improve respect for human rights, increase economic […]
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. Buying Time in Baghdad? What to Expect from Sudani's Government The hostile and corrupt forces arrayed behind him might ease their anti-American activities just to […]
By Kali Robinson, for the Council on Foreign Relations (CFR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. How Much Influence Does Iran Have in Iraq? Iran has built considerable political clout in Iraq since the fall of Saddam Hussein's regime. Its wide […]
