By John Lee. Iraq is reportedly in talks with Russia, France and the United States regarding the construction of three civil nuclear reactors. According to The New Arab, the Head of the Iraqi Radioactive Sources Regulatory Authority (IRSRA) said that several preliminary meetings had been held to study the feasibility of setting up the reactors. […]
By Bilal Wahab and Michael Rubin, for The National Interest. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can New Tech Save Iraq's Old Economy? As the United States recalibrates its relationship with Iraq, the advent of Iraq's cyber economy also provides an opportunity […]
By Jared Szuba for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. No plans for full US withdrawal from Iraq, top general says The United States may be leaving Afghanistan but troops will remain in Iraq for the foreseeable future, the CENTCOM commander […]
By John Lee. During his visit to Amedi, US Consul General Rob Waller announced that the U.S. Department of State has awarded a $500,000 grant to preserve and protect Badinan Gate. A statement from the US Embassy said the US government is determined to help the IKR preserve and restore its remarkable cultural heritage, and […]
By Anthony H. Cordesman, for the Center for Strategic and International Studies (CSIS). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. [Please note that this report was issued on 1st April 2021, several days before the Strategic Dialogue between the United States and Iraq.] […]
By John Lee. Mastercard has signed a partnership agreement with the Central Bank of Iraq (CBI) to digitize the country's payment ecosystem in a bid to boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow economy and accelerate the advancement toward a cashless society. According to a statement from the company, the […]
By John Lee. Prime Minister Mustafa Al-Kadhimi has officially opened a new power station in Muthanna Governorate. The plant was built by the American company GE, and Turkey's Enka. According to @HarryIstepanian, the plant is in Samawa, and uses four GE "Frame-9E" turbines to provide 500MW of power. (Source: Office of the Prime Minister, @HarryIstepanian)
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq and the China-Iran Comprehensive Cooperation Program The China-Iran Comprehensive Cooperation Program (CICCP) was signed on 27 March 2021; two days later the CICCP's direct impacts on Iraq began emerging and one […]
By John Lee. On Saturday, the Iraqi Ministry of Health announced the arrival of the first batch of the Pfizer-BioNTech vaccine for COVID-19 (coronavirus). It also received another new batch of the Chinese Sinopharm vaccine. The Ministry said it plans to vaccinate 12 million citizens this year. (Source: Govt of Iraq)
By John Lee. The Iraqi Drilling Company (IDC) has announced its intention to conclude contracts with Chinese and American companies operating in Iraq to drill and rehabilitate dozens of oil wells in the country. The company indicated it is about to start drilling 20 wells in the Nasiriyah field in Dhi Qar, which are included […]
By John Lee. The Iraqi Cabinet has approved the renewal of two contracts at the Majnoon oil field. Chinese company Anton Oilfield Services Group (Antonoil) is to continue to provide Integrated Field Management, while the American company KBR will provide Engineering, Procurement and Construction Management (EPCM). The decision allows for the extension of the contracts […]
By John Lee. Florida-based NIC4 Inc., a division of Network Innovations Group, has been awarded an $11,611,032 firm-fixed-price contract for supplies and services to deliver network operations center equipment, software licenses and extended warranty coverage, and to provide installation services, support services and training for the government of Iraq. Bids were solicited via the internet […]
