UK Export Finance (UKEF) has announced it will support UK firms with US $1.02 billion to build two new power stations in Iraq and support the restoration of a number of electricity substations in the country. US $1.02 billion in support for UK firms to build two new power stations Agreement will help build and […]
Iraqi Ministry of Electricity and GE Power celebrate inauguration of Baghdad West North Substation Underlining their joint commitment to support the development of Iraq’s power infrastructure, the Iraqi Ministry of Electricity (MoE) and GE Power’s Grid Solutions business (NYSE: GE) celebrated the energization of the Baghdad West North substation. Located about 35 kilometers away from […]
By John Lee. The US Army has published a report on its 2003 invasion of Iraq, and subsequent developments until the withdrawal of troops, claiming that Iran was the only real winner of the operation. "The U.S. Army in the Iraq War" was released Thursday in two volumes entitled "Invasion and Insurgency—Civil War, 2003-2006" and […]
Shares in Genel Energy were trading up 6 percent on Monday afternoon after the company announced that it has reached agreement to acquire stakes in the Chevron-operated Sarta and Qara Dagh blocks (pictured), in the Kurdistan Region of Iraq. Genel will acquire 30% equity in the Sarta licence by paying a 50% share of ongoing […]
US-based Navistar Defense has been awarded an $8,069,336 fixed-firm-price Foreign Military Sales (Iraq) contract for Navistar transport and cargo vehicles. One bid was solicited with one bid received. Work will be performed in Lisle, Illinois, with an estimated completion date of Sept. 8, 2019. (Source: US Dept of Defense)
From The Economist. America is trying to get more out of its relationship with Iraq US President Donald Trump thinks America is being ripped off. “We have spent $7trn—trillion with a T—$7trn in the Middle East,” he told a crowd last year, exaggerating slightly. “You know what we have for it? Nothing. Nothing.” To right […]
Cultural Property Consultants (CPC) and the University of Pennsylvania Department of Near Eastern Languages and Civilizations (NELC) have been awarded a $2 million grant to launch the Mosul Heritage Stabilization Program (MHSP). MHSP seeks to assist Iraqis in the preservation and protection of cultural heritage by contributing to the maintenance and promotion of cultural memory, […]
The World Health Organization (WHO) extends its gratitude to the U.S. Department of State Bureau of Population, Refugees, and Migration (BPRM) for the generous contribution of US$ 2.5 million to increase the health security and resilience of Syrian refugees living in Iraq. In 2018, Iraq continued to host Syrian refugees. It is estimated that about […]
Ambassador James Jeffrey Assumes Role of Special Envoy to the Global Coalition to Defeat ISIS Ambassador James Jeffrey (pictured), the current Special Representative for Syria Engagement, has taken on the additional role of the Special Envoy to the Global Coalition to Defeat ISIS, effective January 4, 2019. With this additional responsibility, Ambassador Jeffrey will lead […]
By John Lee. Iraq's Minister of Foreign Affairs, Mohamed Ali Alhakim [Mohammed Ali al-Hakim] (pictured) has been quoted as saying that Iraq is not obliged to abide by US sanctions against Iran. According to Rudaw, he told journalists on Wednesday: "These sanctions, the siege, or what is called the embargo, these are unilateral, not international. We […]
Alliant Techsystems Inc. has been awarded a $36,570,512 firm-fixed-price modification (P00045) to contract FA8106-16-C-0004 that exercises Option Year Three for contractor logistic support. This contract provides the Iraqi Air Force's Cessna 208 fleet and the 208/172 Trainer fleet with contractor logistic support. Work will be performed in Iraq and is expected to be completed Dec. […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Trump declares end to US 'policeman' role in surprise Iraq visit President Donald Trump uses a lightning visit to Iraq - his first with US troops in a conflict zone since being elected - […]
