By John Lee. Moment, a French supplier of onboard digital solutions, has been selected by Fly Baghdad to provide an in-flight entertainment solution aboard its fleet of 5 Boeing 737 NG. Available since mid-September on-board the first three Boeing 737 NG, the Flymingo Box platform allows passengers to access various content from their personal devices […]
Netherlands supports UNESCO Iraq to enhance the safety of journalists The Netherlands Ambassador Michel Rentenaar and the director of UNESCO Iraq Office, Paolo Fontani, have signed the project agreement of the phase two of "Breaking the Silence: Enhance Accountability and Prosecution for Safety of Journalists and Fighting Impunity". The funding will help among others to […]
The Trade Bank of Iraq (TBI) has re-joined the Iraq Britain Business Council (IBBC). TBI were original founding members of IBBC and we are delighted to say they are now back in full participation mode, with President Dr Salem Chalabi taking a lead role at the recent IBBC Autumn conference Dubai. At the conference Dr […]
By John Lee. Iraq's Ministry of Oil has announced preliminary oil exports for November of 98,192,317 barrels, giving an average for the month of 3.273 million barrels per day (bpd), up from the 3.120 million bpd exported in October. The exports from the oilfields in central and southern Iraq amounted to approximately 95,860,149 barrels; we […]
The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, met ten entrepreneurs on Tuesday; the entrepreneurs are building schools in Erbil province. Prime Minister Barzani thanked them for their investment and praised the role of the private sector in the Kurdistan Region. The Premier highlighted the importance of education to the ninth cabinet, […]
By John Lee. Iraq's Independent High Electoral Commission (IHEC) has announced the final results of the parliamentary elections which took place on 10th October, 2021. Following appeals and recounts, five seats changed hands, but the Sadrist Movement was confirmed as the largest party with a total of 73 seats from a total of 329 seats […]
The Prime Minister of the Kurdistan Regional Government (KRG), Masrour Barzani, on Saturday met Baroness Emma Nicholson, President of the Iraq Britain Business Council (IBBC). Prime Minister Barzani highlighted the reforms of the ninth cabinet, its bid to diversify the economy and crucially to make the Kurdistan Region a focal point for business. Baroness Nicholson […]
From the World Bank: Iraq: Rising Fiscal Risks, Water Scarcity, and Climate Change Threaten Gradual Recovery from Pandemic Iraq's economic outlook has improved on the back of the recovery of global oil markets, with its GDP projected to grow from 2.6% in 2021 to over 6% in 2022-23. Nevertheless, without accelerated economic reform, unforeseen domestic […]
By John Lee. Iraq's Ministry of Oil has announced finalised oil exports for October of 96,708,660 barrels, giving an average for the month of 3.120 million barrels per day (bpd), up slightly from the 3.081 million bpd exported in September. The exports from the oilfields in central and southern Iraq amounted to approximately 93,386,975 barrels, […]
By John Lee. The Iraqi Ministry of Oil has officially established the new Basra Energy Company (BECL), which will be the main contractor at the giant Rumaila oilfield, under a Technical Service Contract (TSC). Representing BECL at the ceremony, Zaid Elyaseri (BP) said the field will be developed to reach a peak production of 1.7 […]
The Iraq Britain Business Council (IBBC) has hosted a very successful Tech Forum as part of its Autumn Conference in Dubai on Monday. Sponsored by SAP, the session focused on the applications and benefits of data to the Iraqi economy. Speakers included: Padraig O'Hannelly, Iraq Business News (IBN); Sean O'Brien, SAP; Christopher Ferguson, Scott Logic; […]
By John Lee. The Iraqi Drilling Company (IDC) has signed a contract with Schlumberger to provide drilling services for 37 oil wells in the Al-Zubair field in Basra for the Italian company ENI, which will operate the field. The Director General of the Iraqi Drilling Company, Basem Abdul Karim, said that the contract includes the […]
