Tag Archives | United Kingdom

IBBC Holds Successful Spring Conference at the Mansion House

From the Iraq Britain Business Council (IBBC): IBBC Holds Successful Spring Conference at the Mansion House IBBC hosted over 250 members, businesses and government officials for its 13th Mansion House conference on 2-3 June. IBBC President Baroness Nicholson welcomed the delegates, in particular the Ministers and official government guests from Iraq, led by Deputy Prime […]

UK's Agrium Capital to Build Infant Formula Plant in Iraq

By John Lee. The Iraq Development Fund has reportedly signed a memorandum of understanding with British firm Agrium Capital to establish Iraq's first modern infant formula production facility, with a planned capital expenditure exceeding $200 million. The plant, which will use locally sourced ingredients including Iraqi milk, is expected to meet 85 percent of the […]

UK/UAE Firm signs MoU with Iraq's Carbon Agency

By John Lee. BB Energy has signed a Memorandum of Understanding (MoU) with Iraq's General Company for Carbon Economics (GCCE) during the country's inaugural Conference on Carbon Economics. The agreement outlines plans for collaboration between BB Energy's Renewable Energy Division and GCCE to implement projects aimed at offsetting carbon emissions and supporting environmental restoration in […]

Petroleum Sector in New AI-based Iraqi National Memory Project

By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Petroleum Sector in A New AI-based Iraqi National Memory Project A group of dedicated artificial intelligence (AI) specialists and professionals are enthusiastically racing against time and actively working on a first of […]

Wood secures c.$100m of awards to Reduce Gas Flaring in Iraq

Wood secures c.$100 million of awards to reduce gas flaring in Iraq Wood, a global leader in consulting and engineering, has been awarded a series of decarbonisation contracts with a value of c.$100m for flare gas reduction and carbon efficiency project solutions across the largest oil fields in Iraq. Wood will deliver brownfield engineering, procurement […]

Al-Rida signs Agreement with Bahrain's Neo

From the Iraq Britain Business Council (IBBC): Al-Rida Company Signs Agreement with Bahrain's Neo Company IBBC member Al-Rida Company has signed a strategic partnership agreement with Neo Company from Bahrain during a ceremony held in Baghdad. The agreement aims to enhance cooperation in investment and development projects between the two companies. IBBC was represented at […]

Nobel Energy and Iraq Sign MoU on Climate Cooperation

By John Lee. UK-based Nobel Energy has signed a Memorandum of Understanding (MoU) with Iraq's General Company for Carbon Economics, affiliated with Iraq's Ministry of Environment, to enhance cooperation on climate action, environmental initiatives, and sustainable development. The agreement was formalised during the First International Conference on Carbon Economics in Baghdad, marking a strategic collaboration aimed […]

Iraq Launches First Carbon Economics Conference

By John Lee. Iraq has launched its first International Conference on Carbon Economics in Baghdad on Tuesday, themed "Carbon for Development." The event, organised by the Ministry of Environment in partnership with the General Company for Carbon Economics, brought together high-level participants from the Ministry of Oil, the Central Bank of Iraq (CBI), and international […]

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 […]