Tishwash: Iraq remains America’s darling…the Supreme Court dismisses a lawsuit against Baghdad for hundreds of millions.
The Supreme Court in Washington ruled on Wednesday (September 17, 2025) to prevent an American military affairs company from fining the Iraqi government $121 million in a lawsuit related to breach of contract to rehabilitate Iraqi army weapons.
According to a Bloomberg report translated by Baghdad Today, Wy Oak Technology, a military-related company, filed a lawsuit against the Iraqi government, seeking $121 million in damages for the contract’s suspensio
The Supreme Court affirmed that “Iraq is protected under the U.S. Foreign Immunity Act,” noting that this law protects foreign governments from prosecution in such cases, even in the presence of formally signed contracts.
The report added that the court’s decision means Iraq retains “immunity,” which prevents companies and commercial entities from being sued within the United States, whether for breaches of contract or damages resulting from operating in Iraq.
The roots of this immunity date back to the aftermath of the 2003 invasion of Iraq, when the US Congress passed a special law signed by former President George W. Bush, known as the “Iraq Freedom from Judicial Attachment Act,” which granted Iraq exceptional protection from lawsuits and seizures. Experts interpreted this move as maintaining Iraq’s status as a “spoiled child” in US politics, amid subsequent presidential successions that ensured this privilege would continue for two full decades. link
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Tishwash: The Oil Minister affirms the government’s support for the Iraq Investment Forum to attract foreign capital.
Deputy Prime Minister and Minister of Oil, Hayan Abdul-Ghani, reviewed today, Thursday, the preparations for the Iraq Investment Forum, stressing the government’s support for the Iraq Investment Forum to attract foreign capital.
A statement by the Ministry of Oil stated: “Abdul Ghani met with a delegation from the Preparatory Committee for the Iraq Investment Forum, headed by Ibrahim Al-Masoudi Al-Baghdadi, Chairman of the Iraqi Economic Council and member of the Preparatory Committee.”
The statement added that “the Chairman of the Council provided a detailed explanation of the dialogue session for the Ministry of Oil, which is scheduled to be chaired by the Minister of Oil on September 27. During the meeting, investment opportunities presented by the Ministry of Oil were discussed, which aim to attract investments in the oil and gas sector and petroleum industries.
” It continued, “The meeting discussed logistical preparations and preparations related to sending invitations to the relevant ministers, including the Turkish and Lebanese Ministers of Oil.”
The Minister stressed “his keenness to support the forum, which reflects the government’s direction towards revitalizing the national economy and attracting foreign capital.”
The statement indicated that “the meeting was attended by the Executive Director of the Economic Council, Thabet Kazim Al-Safi, and the Assistant Director General of the Economic Department at the National Investment Commission, Hussein Ali Kanbar, in addition to Hazem Al-Shammari from the Media and Relations Department.” link
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Tishwash: Abu Raghif inaugurates the e-signature conference in Baghdad to promote digital payments and secure transformation.
The “Activating Electronic Signatures to Support E-Payment” conference kicked off in Baghdad today, Thursday, under the title “Towards a Trusted Digital Environment.” The conference, held under the patronage of the Prime Minister and under the supervision of the Central Bank and the Communications and Media Commission, brought together ministries, government institutions, and local and international technology companies.
In his speech during the opening session, which was followed by {Euphrates News}, the Chairman of the Communications and Media Commission, Nofal Abu Ragheef, said: “The conference represents a fundamental step in building a secure digital environment that supports the national economy, under the sponsorship and essential partnership of the Communications and Media Commission as the regulatory body for this vast sector, confirming its tireless pursuit of real partnerships with financial technology (FinTech) companies to develop innovative financial services that respond to the needs of citizens in the digital age.”
Abu Raghif added, “The success of this project requires responsible institutional strengthening of information security, which is the cornerstone of data protection and ensuring digital trust, as well as developing the infrastructure and encouraging informed investment in this field.” He emphasized the authority’s commitment to implementing applicable legislation, most notably the Electronic Signature and Electronic Transactions Law, in line with international standards and regulations of the International Telecommunication Union.
The Commission Chairman concluded his speech by emphasizing that “digital transformation is no longer just a regulatory option, but rather a national economic necessity,” calling for “integrating the efforts of the state, the private sector, and international partners to build a sustainable digital economy that meets the demands of the times and serves the Iraqi citizen.” link
