Tag Archives | United Kingdom

IBBC completes Largest Ever Trade Mission to Baghdad

IBBC completes Trade Mission to Baghdad with largest ever delegation of UK, International & Iraqi Businesses 9-12 Feb 2019 The Iraq Britain Business Council (IBBC) visited numerous Iraqi government ministers and officials during a highly successful trade mission to Baghdad on 9-12 February 2019. The delegation was the largest ever led to the Republic of […]

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PM welcomes Increased Cooperation with UK

By John Lee. Prime Minister Adil Abd Al-Mahdi received Baroness Emma Nicholson, the Chairman of the Iraq Britain Business Council (IBBC), at his office on Sunday to discuss cooperation between Iraqi and British businesses, and proposed investment projects in Iraq. The Prime Minister said that stability in Iraq provides an opportunity to increase reconstruction efforts, […]

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IBBC signs MoU with the German Counterpart

IBBC signs Memorandum of Understanding with the German Liaison Office for Commerce & Industry The Iraq Britain Business Council (IBBC) and the German Liaison Office for Industry and Commerce in Iraq (DWI) have signed a Memorandum of Understanding (MoU) to increase cooperation between the organisations to support and grow trade between the UK, Europe and […]

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Petrofac Exec admits Bribes Paid to Win Iraq Contracts

In connection with the UK Serious Fraud Office (SFO)’s ongoing investigation into Petrofac Limited and its subsidiaries (“Petrofac”), on 6 February 2019 David Lufkin, 51, a British national, and previously Global Head of Sales for Petrofac International Limited, pleaded guilty at Westminster Magistrates’ Court to eleven counts of bribery, contrary to sections 1(1) and 1(2) […]

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UK announces $43m Iraq Aid Package

A new UK aid package is to help the Government of Iraq to reinvigorate its economy and rebuild hospitals, schools and other vital infrastructure, allowing Iraqis displaced by conflict to return home and restart their lives, UK Minister for the Middle East Alistair Burt announced during a four-day visit to Iraq. The UK is the […]

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IBBC holds Council Meeting, Reception & Dinner

The Iraq Britain Business Council (IBBC) held its Council Meeting, dinner and eception for members on 28th January. The Council Meeting, hosted by Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq, Azerbaijan, Turkmenistan and Kazakhstan took place in the House of Lords before a Reception and Dinner at […]

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Exploring Tech in Iraq – Digital Innovation

By Alexander Southworth, Iraq Britain Business Council (IBBC). Exploring Tech in Iraq: ‘Sandoog – solving Iraq’s logistics nightmare by digital innovation’ There is a revolution happening in Iraq but not like the country has seen before. This revolution is based on advances in technology that are transforming the digital landscape of the country. The changes […]

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Genel shares Rise on Chevron Iraq Partnership

Shares in Genel Energy were trading up 6 percent on Monday afternoon after the company announced that it has reached agreement to acquire stakes in the Chevron-operated Sarta and Qara Dagh blocks (pictured), in the Kurdistan Region of Iraq. Genel will acquire 30% equity in the Sarta licence by paying a 50% share of ongoing […]

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Al Maseer Insurance joins IBBC

Iraq Britain Business Council (IBBC) has announced that Al Maseer Insurance Company has joined the Council. Founded in 2011, Al Maseer provide a range of insurance products covering the key sectors in Iraq: construction insurance, energy insurance, agriculture insurance, health insurance, marine insurance, motor insurance, property insurance. Chairman and  co-founder, Arak Fadhil Hameed Al-Bayati, said […]

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UK announces Iraq Explosive Clearance Funds

More than a million Iraqis whose lives have been devastated by Daesh safely returned home in 2018, made possible in part thanks to a huge UK aid funded mine clearance mission. The Department for International Development (DFID) has today (Saturday 5 January) announced further support to clear explosives from schools, hospitals and roads in Iraq, […]

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