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Tag Archives | United Kingdom

Iraq and BAE Systems discuss Defence and Cybersecurity Collaboration

By on 15th January 2025 in Iraq Industry & Trade News, Security

By John Lee. Prime Minister Mohammed S. Al-Sudani met with BAE Systems CEO Charles Woodburn in London to discuss enhancing Iraq's defence capabilities and cybersecurity infrastructure. The discussions highlighted BAE Systems' expertise in advanced weapons manufacturing and cybersecurity technologies. Al-Sudani reaffirmed the government's commitment to equipping Iraq's security forces with state-of-the-art weapons from diverse sources. […]

UK, Iraq announce $15bn Trade and Investment Partnership

By on 15th January 2025 in Agriculture, Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News, Iraq Oil & Gas News, Iraq Public Works News, Iraqi Communications News, Politics, Security

By John Lee. Prime Ministers Keir Starmer and Mohammed S. Al-Sudani have unveiled an ambitious £12.3 billion [$15 billion] UK-Iraq trade and investment package aimed at enhancing prosperity and bilateral economic ties. The agreement represents over a tenfold increase in trade compared to last year and underscores both nations' commitment to strategic collaboration across key […]

UK Export Finance signs MoU with Iraq to Boost Investment

By on 15th January 2025 in Construction & Engineering In Iraq, Investment, Iraq Banking & Finance News, Iraq Industry & Trade News

By John Lee. During Prime Minister Mohammed S. Al-Sudani's official visit to London, Iraq's Sovereign Guarantees Initiative Committee signed a Memorandum of Understanding (MoU) with UK Export Finance (UKEF) to enhance economic collaboration. The MoU, signed by Mohammed Sahib Al-Darraji, Head of the Initiative Committee and Advisor to the Prime Minister, and Adam Harris, Director […]

Iraq, UK Partnership on Climate Change and Carbon Economics

By on 15th January 2025 in Iraq Industry & Trade News, Politics

By John Lee. Iraq and the United Kingdom have signed a Memorandum of Understanding (MoU) focused on climate change, environmental sustainability, and carbon economics, marking a significant step in bilateral cooperation. The agreement was formalised during Prime Minister Mohammed S. Al-Sudani's meeting with UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy, […]

Stellar Energy discusses Iraq Power Projects with PM

By on 15th January 2025 in Iraq Oil & Gas News

By John Lee. Prime Minister Mohammed S. Al-Sudani met with Stellar Energy's Executive Chairman, Peter Gibson, during his official visit to London to discuss the company's ongoing and future projects in Iraq. The talks focused on Florida-based Stellar Energy's work with the Ministry of Electricity on combined-cycle power plants and gas supply mechanisms, as well […]

Iraq Explores Expanded Collaboration with Technip Energies

By on 15th January 2025 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Oil & Gas News

By John Lee. During his official visit to London, Iraqi Prime Minister Mohammed S. Al-Sudani met with Fakhri Dhaidan, Vice President of French engineering company Technip Energies, to discuss the company's ongoing and future operations in Iraq. The meeting focused on Technip Energies' consultancy work for the Karbala and Basra refineries and its role in […]

PM to announce $billions in UK-Iraq Projects

By on 14th January 2025 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News, Politics

By John Lee. Iraqi Prime Minister Mohammed Shia' Al-Sudani has arrived in London on an official visit, during which he will meet His Majesty King Charles III, Prime Minister Keir Starmer, senior officials in the British government and business leaders. Writing in The Telegraph, Prime Minister Al-Sudani emphasised the opportunities for cooperation between the two […]

EY Consults on Restructuring of Iraqi State-Owned Banks

By on 13th January 2025 in Iraq Banking & Finance News

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. […]

Iraq and BP discuss Kirkuk Oilfield Development, Gas Utilisation

By on 12th January 2025 in Iraq Oil & Gas News

By John Lee. In a statement from the Ministry, Iraq's Minister of Oil, Hayan Abdul Ghani, noted ongoing negotiations with BP to finalise technical, economic, and contractual aspects of the Kirkuk oilfield development. Senior officials from the Ministry, the North Oil Company (NOC), and BP, including the head of BP Iraq, participated in the talks. […]

BP, Iraq agree details of Kirkuk Oilfield Redevelopment

By on 24th December 2024 in Iraq Oil & Gas News

By John Lee. Oil major BP has signed a preliminary letter of technical alignment with H.E. Hayan Abdul Ghani, Iraq's Deputy Prime Minister for Energy Affairs and Minister of Oil. This agreement represents a key step in negotiations for the integrated oil and gas redevelopment of several fields in the Kirkuk region, located in northern […]

Int'l Partners discuss Al-Khairat Power Plant Project

By on 19th December 2024 in Construction & Engineering In Iraq

By John Lee. Iraq's Minister of Electricity, Eng. Ziyad Ali Fadhil, chaired a technical meeting with Harlow International and China's SEPCOIII Electric Power Construction Corporation [SEPCO3, Shandong Electric Power Construction No. 3], the developers and funders of the giant Al-Khairat Steam Power Plant project in Karbala Province. A Ministry statement said the plant, with a […]

IBBC holds successful Dubai Business Conference

By on 17th December 2024 in Construction & Engineering In Iraq, Investment, Iraq Industry & Trade News, Iraq Oil & Gas News, Politics

From the Iraq Britain Business Council (IBBC). IBBC holds successful Dubai business conference with senior membership and government dignitaries IBBC held a successful two-day conference in Dubai including a full education day followed by the business day, attended by senior officials from Iraq including HE Mohammed Al Darraji, senior technical advisor to the Iraqi PM […]