Tag Archives | United Kingdom

New Airline Launched in Iraqi Kurdistan

By John Lee. Fly Erbil, Iraq’s only Kurdish airline, successfully completed its first scheduled flight on Monday. The plane set off from Erbil International Airport en route to Stockholm in Sweden. The airline’s administrative director Ahmad Jamal told AFP that Fly Erbil currently has three planes and plans to increase to 10 in the future. […]

UK appoints New Trade Commissioner for Middle East

UK International Trade Secretary Dr Liam Fox MP has appointed Simon Penney (pictured on right) as Her Majesty’s Trade Commissioner (HMTC) for the Middle East. The announcement was confirmed by Dr Fox on a visit to Bahrain and the United Arab Emirates (UAE), where he met government and industry representatives to boost trade and promote […]

IBBC completes Productive Mission to Baghdad

Baroness Nicholson of Winterbourne, President of the Iraq Britain Business Council (IBBC), visited Baghdad on 2-3 June, accompanied by Managing Director Christophe Michels, as well as Rasmi Al Jabri, Deputy Chairman and Iraq Representative to meet with numerous politicians and IBBC member representatives. Jonathan Wilks CMG, Her Majesty’s Ambassador to Iraq joined the IBBC team […]

IBBC, RUSI brief on Iraqi Election Results

The Iraq Britain Business Council (IBBC) has held an event in partnership with the Royal United Services Institute (RUSI) on ‘The Iraq Election Results: what next for Iraq’s political stability?’. The panel event, in partnership with the Royal United Services Institute gave an initial assessment of the Iraqi election result and commented on the early […]

HEESCO signs Contracts with 3 Int’l Firms

By John Lee. Iraq’s Heavy Engineering Equipment State Company (HEESCO) has signed deals with three international companies in the oil, petrochemical and the marine industries: UK-based Weir Engineering Services; Czech-based KPS; Egyptian-based Petrojet. The company, established in 1963, has technological capabilities in the design, manufacturing and installation of the engineering equipment, such as the tanks, boilers, […]

Iraq Duty Free Responds to Allegations

Iraq Duty Free has responded to allegations regarding the renewal of its contract to run the duty free concessions at Baghdad and Basra airports in Iraq. According to the statement from its CEO, Ahmed Kamal, the owner of company has not been convicted of “any crime of punishment that deprives the freedom in Iraq.” His […]

$10m Iraq Demining Contracts Awarded

By John Lee. Two companies have won tenders to supply EOD/IEDD search and clearance teams to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with UK-based Optima Defence & Security Group Limited is valued at $6,374,302, while the contract with Ain Alsaker (Falcon Eye) Demining Co. is valued at $3,782,425. (Source: UNGM) […]

BP signs Contract to Develop Kirkuk Oil

By John Lee. The Ministry of Oil has announced that BP has signed a contract to develop the Kirkuk oil fields. According to Reuters, the deal with the North Oil Company (NOC) will see BP will boost output capacity from the six fields in the Kirkuk region to more than 1 million barrels of oil […]

Women in Iraqi Refugee Camps Taught to Sew

Vulnerable women living in northern Iraq’s refugee camps are being taught how to sew. Paula Horsfall, from Berkshire, United Kingdom, has collected old sewing machines and transported them to Iraq, where skills the women learn keep them off the dangerous streets of the refugee camp and allow them to make money for their families and […]

Fifth Licensing Round: Some Preliminary Considerations

By Alessandro Bacci. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s Fifth Licensing Round: Some Preliminary Considerations After the Auction On the morning and afternoon of April 26, 2018, I participated in a petroleum scholar workshop organized in London by the Association of […]