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 […]
By John Lee. US-based Textron Aviation Defense has been awarded a $12,548,081 firm-fixed-price modification (P00033) to contract FA8620-17-C-3011 for the Iraq Air Force Peace Dragon Program. This modification adds the six months to Option Year Three of the multi-year basic contract. Work will be performed in Wichita, Kansas, and is expected to be completed March […]
By John Lee. The Iraqi Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. Following discussions, the Cabinet decided to approve the purchase the coronavirus vaccine from the US company Pfizer, on the basis of the manufacture and supply agreement between Pfizer Export BV and the Iraqi Ministry of […]
U.S. Senator John Boozman (R-AR), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, and senators from rice producing states are encouraging American and Iraqi officials to take steps to increase U.S. rice exports to Iraq. In separate letters to U.S. Secretary of State Antony Blinken and Dr. Fareed Yasseen, Iraq's Ambassador to […]
By Caroline Rose, for the Newlines Institute. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. In the Wake of Drawdown: Addressing Blindspots in Iraq The Biden administration should draft a country-specific policy for Iraq, where addressing Iranian influence is an objective but not the […]
