Iraq Granted Exemption from US Sanctions on Iran’s Energy Exports Iraq will continue to have access to the energy it needs from Iran to generate and supply electricity, Brian Hook, the special representative for Iran at the US State Department, said. “Iraq has been granted an exemption” to the energy sanctions the US has re-imposed […]
The United States has told Iraq that it will be allowed to keep importing crucial gas, energy supplies and food items from Iran after Washington reimposes sanctions on Tehran’s oil sector, three Iraqi officials said. The waiver is conditional on Iraq not paying Iran for the imports in US dollars, said the officials, who included […]
By John Lee. Two companies have won tenders to supply Safety and Security Demining Equipment and Binoculars to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with US-based Sarkar Tactical Ltd is valued at $21,260, while the contract withUS-based OKI General Trading is valued at $2,725. (Source: UNGM)
U.S. Chamber of Commerce Business Mission to Baghdad: December 9-11, 2018 The U.S. Department of State and the U.S. Chamber of Commerce are pleased to announce the first business mission for American companies to Baghdad since the 2018 parliamentary elections. Delegates will have an opportunity to meet Iraqi leadership and learn about commercial and investment […]
DynCorp International LLC, Fort Worth, Texas, has been awarded an $18,153,589 modification (P00199) to contract W58RGZ-13-C-0040 for aviation field maintenance services. Work will be performed in Afghanistan, Iraq and Germany, with an estimated completion date of Dec. 31, 2018. (Source: US Dept of Defense)
By Saad Salloum for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. To what extent can US aid help Iraq’s minorities? Iraqi minorities have warmly welcomed the Oct. 16 announcement by the US State Department that it would be providing $178 million in additional aid […]
UNHCR, the UN Refugee Agency, warmly welcomes the generous 2018 contributions from the Government of the United States of America, which reached a cumulative total of US$ 128.8 million for Syrian refugees and internally displaced Iraqis. With the support of donors like the United States, UNHCR can continue to provide assistance to the millions of […]
TGS USA, of McLean, Virginia, USA (Toyota Gibraltar Stockholdings Ltd) has been awarded a $39,543,009 firm-fixed-price Foreign Military Sales (Iraq) contract for Toyota Land Cruisers and spare parts. Bids were solicited via the internet with three received. Work locations and funding will be determined with each order, with an estimated completion date of Oct. 16, […]
By John Lee. Both Germany's Siemens and US-based GE have signed deals with the Iraqi government on Sunday to provide major additional power generating capacity to Iraq. Following a hotly-contested competition, the two rivals are to share the work, with GE supplying 14 Gigawatts (GW), and Siemens 11 GW. (Sources: GE, Siemens)
GE (NYSE: GE) signed Principles of Cooperation (POC) with the Iraqi Ministry of Electricity to develop the country’s power sector. The plan is expected to generate up to 14 gigawatts (GW) of power, create up to 65,000 direct and indirect jobs, support the government to realize savings and recoverable losses of up to $3 billion […]
US Assistance to Ethnic and Religious Minorities in Iraq As part of the continued commitment by Vice President Pence, Secretary Pompeo (pictured), and USAID Administrator Green to support ethnic and religious minorities in Iraq as highlighted earlier this year at the first-ever Ministerial to Advance Religious Freedom, the United States is proud to announce over […]
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions today on Afaq Dubai, an Iraq-based money services business (MSB) that has been moving money for the Islamic State of Iraq and Syria (ISIS). Today’s designation follows action taken by the Department of Defense—announced on October 11—against a key ISIS financial […]
