With the help of generous donors, the AMAR International Charitable Foundation has constructed and partly equipped a brand new charitable Paediatric / Maternity / Womens Hospital in Basra. The hospital will serve over 100,000 living in Shatt Al-Arab, an area near Basra under-served by existing medical services. There are more than 22,000 women in the […]
The Iraq Britain Business Council (IBBC) has announced the appointment of Mr Monjed Salha to the role of General Manager. In this role he will lead the operations of IBBC and take responsibility for IBBC Membership development and Membership Value. IBBC is under going strategic development, to remain continuously relevant to its members and to […]
By John Lee. UK-based Amarinth has reportedly delivered pumps worth £1.2 million to the West Qurna-2 expansion project. According to World Pumps, the first order was from Italy's Cannon Artes, and was for seven super duplex API 610 OH1 pumps. The second order, from SICIM (also from Italy), was for three super duplex API 610 […]
IBBC Executive Committee Member Mr Sardar Al-Bebany is honoured with an award by the Government of Japan On August 21st 2022 Mr Sardar Bebany, Chairman of Sardar Group, was awarded the Certificate of Commendation by the Japanese Ambassador to Iraq. The awarding ceremony took place in Erbil in the presence of senior businessmen, representatives of […]
Genel Energy notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity. Gross production at the Tawke licence averaged 106,900 bopd during the second quarter, of which Peshkabir contributed 62,300 bopd and Tawke 44,600 bopd, the latter representing the first quarterly production increase […]
By Hayder Al-Shakeri, for Chatham House. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The aspirations and disillusionment of Iraq's youth Despite their disillusionment with Iraq's political system, the country's youth have hope and aspirations for real change. Click here to read the full […]
On July 27th, the Iraq Britain Business Council (IBBC), courtesy of the Sardar Group, hosted a reception at the Sardar Group Showroom on Gulan Street, Erbil. Guests included HE the Governor of Erbil and other regional Governors and Government officials, in addition to the UK Ambassador to Baghdad, Mark Bryson-Richardson and UK Consul General David […]
By John Lee. Iraq's Minister of Industry and Minerals, Mr. Manhal Aziz Al-Khabbaz, has officially opened a new fertiliser factory in Basra governorate. The plant, with a capacity of 1,500 tonnes per day, is a partnership between the State Company for Southern Fertilizers, and the UK-based AAA Holding Group. The opening ceremony was attended by […]
The Iraq Britain Business Council (IBBC) has held an on online webinar to introduce new members to the membership and wider Iraqi audiences. Participant companies and speakers included: Ms Batoul Husseini, Director of digital government & CSR, SAP; Mr Ahmed Al Hinkawi, Managing partner at Al Etihad Law firm; Mr Sean O'Rourke, Global Partnerships manager […]
By John Lee. UK-based heavy machinery maker JCB has announced that it has signed a partnership agreement with Khair Al-Wady Al-Athim (KAW). Under the contract, KAW will supply the full range of JCB construction, industrial, access and power products in Iraq. According to media reports, KAW is part of the Baghdad-based Al Sadeq Group. (Source: […]
The Iraq Britain Business Council (IBBC) presented a webinar yesterday discussing a road map for the privatisation of the 176 state-owned enterprises (SOEs) in Iraq. Discussions were based on the recently-published IBBC paper, The Privatization of Iraqi State-owned Enterprises, the lead author of which was Professor Frank R. Gunter, of Lehigh University. The paper can […]
By John Lee. The United Kingdom and Japan have been chosen to co-chair the Iraq Economic Contact Group (IECG), which met earlier this week. British Ambassador, Mark Bryson-Richardson, commented: "Economic reform and diversification are key to Iraq's prosperity. "Delighted the UK is now co-chair of the Iraq Economic Contact Group, along with Japan. "Its job […]
