By John Lee. US Secretary of State Mike Pompeo made an unannounced visit to Iraq on Tuesday, meeting with Prime Minister Adil Abdul-Mahdi and senior officials. The visit comes as Washington enforces sanctions on Iran over its nuclear program. A transcript of Secretary Pompeo's press conference after the meeting can be read here. (Source: US […]
By Amberin Zaman for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Energy tops agenda of Turkish FM's meetings in Iraq Turkey’s Foreign Minister Mevlut Cavusoglu met with Iraqi Kurdish leaders recently on the last leg of an ambitious visit to […]
The U.S. Embassy in Baghdad and Iraq Civil Aviation Authority (ICAA) officials are celebrating the launch of a $5 million Iraq airport security program. This U.S. Government-funded initiative will provide both training and equipment in close coordination and partnership with Iraq civil aviation experts. During his remarks at the launch reception, U.S. Embassy Chargé d’Affaires […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq struggles to distance itself from US-Iran tensions Iraq is trying hard to dissociate itself from the rising hostilities between Iran and the United States, as it hopes to preserve its national interests without […]
U.S. Government to Provide Additional $100 Million for Iraq Stabilization US Chargé d’Affaires Joey Hood has announced that the United States Government intends to provide an additional $100 million to help stabilize liberated areas once held by the Islamic State. The United States Agency for International Development (USAID) will provide the funds to the United […]
Creativity flourishes as Mosul’s Fine Arts College officially opens The newly-rehabilitated College of Fine Arts at Mosul University has been officially opened by the United Nations Development Programme (UNDP) and the Government of Iraq. The College, rehabilitated by UNDP with financial support from the United States Government through USAID, offers third-level art courses ranging from […]
By John Lee. US-based investment giant BlackRock has increased its shareholding in Gulf Keystone Petroleum (GKP) to 5 percent, up from 4.89 percent. Shares in the company have risen 35 percent since the start of the year. In 2016, GKP announced that it was in default on its debt obligations, which led to a restructuring […]
US-based Textron Aviation Defense has been awarded a $15,350,000 contract for continued support for the completion of the reconstitution of 15 T-6A aircraft. This modification provides for a schedule extension to complete the reconstitution of 15 T-6A aircraft and procure cartridge actuated devices and propellant actuated devices. Work will be performed at Imam Ali Air […]
Acting US Secretary of Defense Patrick M. Shanahan met Iraqi Council of Representatives Speaker Mohammed al-Halbousi at the Pentagon on Wednesday to reaffirm the strategic security partnership between the U.S. and Iraq and the U.S. commitment to a sovereign, secure, and prosperous Iraq. The secretary extended his condolences to the speaker for the tragic ferry […]
By Geneive Abdo, for Foreign Policy. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Pro-Iran factions are pushing for the move just as the Islamic State is starting to hit back. Momentum is building among deputies in the Iraqi parliament to oust U.S. […]
By John Lee. Ride-sharing services Uber, from the United States, and Careem of Dubai, have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals. The transaction is expected to close in […]
By Omar Sattar for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. As more factions within Iraq’s Popular Mobilization Units (PMU) are being designated as terrorists by the US administration on account of their close ties with the Iranian side, Tehran is moving toward pulling […]
