A new IBBC report: 'Seaports and Airports of Iraq: Rules Versus Infrastructure' Economics Professor Frank R. Gunter of Lehigh University has completed a new report on seaports and airports in Iraq, covering an analysis of the challenges and opportunities for Iraq's import and export borders. In light of the GOI's (Government of Iraq) intention to […]
On Tuesday, June 20, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) met with President Recep Tayyip Erdogan of the Republic of Türkiye in Ankara. At the start of the meeting, Prime Minister Barzani extended his congratulations to President Erdogan on his victory in the recent elections and conveyed his sincere hopes […]
On June 16th IBBC hosted it's best attended London Conference at The Mansion House yet, with over 280 delegates from Iraq, UK, and International European and Middle East countries. With an overarching theme of 'Iraq open to the world' a wide range of panels discussed Iraq's rapidly improving international position across economic indicators, political relationships, […]
By John Lee. Shares in Irish-based Petrel Resources fell more than 30 percent this morning as the company reported, "a material uncertainty that may cast significant doubt on the Group and Company's ability to continue as a going concern," in its audited results for the year ended 31st December 2022. The company claims to have […]
By John Lee. Iraq and Qatar have solidified their bilateral relations through the signing of several agreements and memorandums of cooperation. Prime Minister Mohamed Shia Al-Sudani and the Emir of Qatar oversaw the signing ceremony, emphasizing comprehensive cooperation in politics, economy, energy, and investment. A joint declaration of intent was signed, paving the way for […]
On Monday, June 19, 2023, Prime Minister Masror Barzani of the Kurdistan Regional Government (KRG) held a meeting with Steve Lutes, Vice President of Middle East Affairs at the US Chamber of Commerce. Accompanied by a delegation from the Chamber and Irvin Hicks, the US Consul General in the Kurdistan Region, the meeting aimed to […]
The Iraq Britain Business Council (IBBC) has presented the Rasmi Al Jabri Award to Mr Amet Selman, the CEO of AAA Holdings Ltd. The Award is given annually by the IBBC to recognise achievement and performance by an Iraqi-owned business that exudes the standards of business excellence promoted by the late Mr Rasmi Al Jabri, the IBBC's […]
On Monday, June 19, 2023, Prime Minister Masrour Barzani of the Kurdistan Regional Government (KRG) held a meeting with Hans Sandee, the Ambassador of the Kingdom of the Netherlands to Iraq. Their discussions centred around the latest political developments in Iraq, with a specific focus on the Kurdistan Region's relationship with the Kingdom of the […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani has announced the launch of the sixth licensing round for exploration of 11 gas blocks: Tel Hajar (Tell Al-Hajjar) Block - Nineveh Governorate Khliesiea (Al-Khaleesa) Block - Nineveh and Anbar Governorates Anbar Block - Anbar Governorate Anah (Aana) Block - Anbar Governorate Anz (Al-Anz) Block - […]
By John Lee. KRG Prime Minister Masrour Barzani has said that, while the KRG's financial reforms project is still in its preliminary stages, its ultimate goal is to digitise the public sector's payroll, benefiting 1.2 million civil servants. Additionally, the project aims to involve the private sector to ensure accessibility and convenience for everyone in […]
By John Lee. Gulf Keystone Petroleum (GKP) provided an operational and corporate update on Friday. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "Gulf Keystone entered 2023 following a year of strong operational and financial performance and continued delivery against the Company's disciplined strategy of investing in profitable production growth, sustainable shareholder returns and […]
By John Lee. Texas-based oilfield services company ADS Services has signed a partnership contract and joint submission agreement with the Iraqi Drilling Company (IDC) to provide oil services. According ot a press release, the collaboration will focus on introducing and integrating dynamic pressure control systems on IDC's fleet of drilling rigs. Charles Orbell, CEO of […]
