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icetana AI Flags Material Uncertainty in $1.7m Baghdad Safe City Project
7:01am on Friday 12th of September, 2025 AEST
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Technology
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icetana AI Flags Material Uncertainty in $1.7m Baghdad Safe City Project
7:01am on Friday 12th of September, 2025 AEST
Key Points
Deployment of $1.7m Baghdad Safe City project delayed by end user
Initial 20% downpayment not received, raising credit risk concerns
Project delays linked to incomplete infrastructure beyond end user control
Government funding contingent on milestones targeted for October 2025
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