Tag Archives | UK Export Finance (UKEF)

UKEF helps GE and Enka secure Power Contract

UK Export Finance (UKEF) has announced that it is supporting the Enka UK and General Electric (GE) consortium with US$117 million in financing to deliver two critical power projects in Iraq. Rt Hon. Greg Hands MP (pictured), UK Minister for International Trade, welcomed the news, saying: “The Department for International Trade through UK Export Finance […]

Experts discuss Future of Iraq’s Economy at IBBC Retreat

The Iraq Britain Business Council (IBBC) held its annual weekend retreat on 7-9 July at Cumberland Lodge, Windsor Park, a venue dedicated to the advancement of international societal issues through constructive dialogue. Around 60 IBBC Members and guest speakers attended this unique event to discuss pressing issues on the future of Iraq’s economy, prospects and […]

Biwater wins $1.2bn Kurdistan Water Contract

British water engineering company Biwater has been awarded a $1.2 billion contract by the Kurdistan Regional Government to meet vital water supply and sanitation needs. Biwater have been contracted to deliver water and wastewater treatment solutions for the cities of Erbil and Sulaimani in the Kurdistan Region of Iraq. Works will alleviate the current strain […]

Iraq “one of the Biggest Investment Opportunities”

By Padraig O’Hannelly. The United Kingdom’s Ambassador to Baghdad has said Iraq has the potential to become an economic force in the region, and encouraged British businesses to take advantage of the opportunities it presents. Addressing senior executives at the Iraq Britain Business Council (IBBC)‘s Spring Conference in London on Wednesday, H.E. Frank Baker OBE said […]