Tag Archives | E&Y

EY to Review Iraqi State Insurance Firms

By John Lee. Iraq's Ministry of Finance has commissioned global consultancy firm Ernst & Young (EY) to evaluate the performance of state-owned insurance companies affiliated with the Ministry. Finance Minister Taif Sami (pictured) said in a statement to the state-owned Iraqi News Agency (INA) that the move aligns with directives from the Council of Ministers […]

Iraq's Central Bank meets with US Treasury, Federal Reserve

By John Lee. The Central Bank of Iraq (CBI) has concluded its first quarterly meetings of 2025 with the US Treasury Department and the Federal Reserve Bank, held in Dubai, UAE, with participation from international auditing and consulting firms EY (Ernst & Young), K2 Integrity (K2i), and Oliver Wyman. Key highlights from the meetings included: […]

EY Consults on Restructuring of Iraqi State-Owned Banks

By John Lee. Prime Minister Mohammed S. Al-Sudani has chaired a meeting with representatives from Ernst & Young (EY) to discuss the development of state-owned banks, focusing on the restructuring of Al Rafidain Bank and Al-Rasheed Bank. The restructuring plan includes comprehensive technical and administrative reforms aimed at enhancing banking services for citizens and businesses. […]

CBI discusses Financial Reforms in US

By John Lee. The Central Bank of Iraq (CBI) announced the outcomes of a high-level delegation visit to the United States, led by Governor Ali Mohsen Al-Alaq, from August 26 to 29, 2024. The delegation held extensive meetings in New York with the U.S. Treasury, the Federal Reserve, and major financial institutions such as Visa, […]

KRG Ministerial Delegation meets IBBC Members in London

On Wednesday the 20th of April the Iraq Britain Business Council (IBBC) hosted a high-ranking delegation of KRG officials for a roundtable discussion at the Cavalry & Guards Club in London. The delegation included Minister Dana Abdulkareem, Minister of Housing and Reconstruction in KRG, Mr. Safeen Dizayee, Head of the Department of Foreign Relations, and […]

IBBC announces SME Award in memory of Rasmi al Jabri

From the Iraq Britain Business Council (IBBC): IBBC holds dual dinner in London and Baghdad to celebrate the life of Rasmi AL Jabri and establish an award in his name On Thursday, 14th October, IBBC hosted a single reception and dinner in memory of Engineer Rasmi Al Jabri, our late Deputy Chairman and Founding Member […]

Iraq EITI issues latest Annual Report

By Ahmed Mousa Jiyad. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq Extractive Industry Transparency Initiative Issues its latest Annual Report Iraq Extractive Industry Transparency Initiative (IEITI) issued a few days ago its latest annual report, it is about 2017 and it is […]

IBBC hosts Discussion with Iraqi Ambassador

IBBC host a roundtable discussion with His Excellency, Mr Jaafar Al-Sadr On Wednesday 4th December the Iraq Britain Business Council (IBBC) was pleased to host a roundtable discussion chaired by IBBC President Baroness Nicholson with Iraq’s newly appointed Ambassador to the UK, His Excellency, Mr Jaafar Al-Sadr, and fellow diplomats Dr Ahmed Al-Nakash and Ms […]

Successful IBBC Trade Visit to KRI

The Iraq Britain Business Council (IBBC) took a significant group of members on a trade mission to KRI this week. Paramount was the need to review business opportunities and investment in the region and to learn directly from the Prime Minister Barzani his plans for business and industry. The group, led by Baroness Nicholson, UK […]

Conference: Find Out What’s Happening in Iraqi Business

From Peace to prosperity: The Conference to find out what’s happening for Iraq business. The Iraq Britain Business Council (IBBC) Autumn Conference in Dubai on December 8th is set against a backdrop of relative peace and security in Iraq, and the prospect of oil revenues surging through the economy is driving a wider range of […]

IBBC holds Iraq’s First Int'l Tech Conference in Baghdad

The Iraq Britain Business Council (IBBC) held Iraq’s first International Tech Conference in Baghdad at the Babylon Rotana Baghdad Hotel on 30 April, hosting government ministers, private industry, entrepreneurs, investors, and representatives from the leading UK and Iraq Tech companies. The purpose of the Conference was to drive confidence, investment and awareness of the power […]