By John Lee. R.M Team FZE has won a contract with the United Nations Office for Project Services (UNOPS) to act as a "Third Party Monitoring Agent" in Iraq. The annoucement from the UN gave no further details, but stated a contract value of $279,277. Registered in UK, and with an apparently significant presence in […]
By John Lee. An advisor to the Iraqi Prime Minister has reportedly said that international pharmaceutical and healthcare companies are keen to set up factories in Iraq. State-run Iraqi News Agency (INA) quotes Hammoudi Al-Lami as saying that UK-based AstraZeneca held a meeting a month ago with a view to entering the Iraqi market, "either […]
By John Lee. UK-based Hydro-C has won a contract to design and supply a solar power plant for Basra Oil Company (BOC) at Iraq's Majnoon oil field. The plant will be supplied from the UK and installed in Iraq. According to a statement from the Iraq Britain Business Council (IBBC), of which Hydro-C is a […]
By Alex Kimani for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. BP To Develop Iraq's Kirkuk Oil Fields On Profit-Sharing Model British oil and gas giant BP Plc (NYSE:BP) will develop Iraq's Kirkuk oil and gas fields based on a profit-sharing model […]
The UK's Chevening Scholarships programme is open for applications until 5th November 2024, at 12:00 (GMT). Chevening is the UK government's international scholarships programme. Funded by the Foreign, Commonwealth and Development Office and partner organisations, it offer awards to study in the UK for one year on a fully funded master's degree course. Successful Chevening […]
By John Lee. The UK's Department for Business and Trade has said that total trade in goods and services (exports plus imports) between the UK and Iraq was £1.1 billion in the four quarters to the end of Q1 2024, an increase of 14.2% or £140 million in current prices from the four quarters to […]
By John Lee. UK-based oil major BP has said that negotiations regarding an integrated redevelopment programme for the Kirkuk region are expected to be complete early in 2025. The non-binding agreement, signed on Thursday, involves the rehabilitation and development of four oil fields in Kirkuk. It also proposes to explore opportunities for investment in power […]
By John Lee. Iraqi Prime Minister Mohammed Shia' Al Sudani oversaw the signing of a comprehensive memorandum of understanding between Iraq's Ministry of Oil and BP to rehabilitate and develop four oil fields in Kirkuk. The Minister of Oil, Hayan Abdul Ghani, and BP's CEO, Murray Auchincloss, signed the agreement. The memorandum includes the rehabilitation […]
From the Iraq Britain Business Council (IBBC): Dr Luay Al- Khateeb is joining IBBCs advisory council and brings his energy expertise to the council. As a long-standing friend of IBBC Dr Luay has chaired energy panels at IBBC major conferences. As an independent Iraqi politician he was the former Electricity Minister and member of the Federal Energy […]
By John Lee. UK-based Total Quality Assurance provider Intertek has announced its appointment by the Iraqi government's Central Organization for Standardization and Quality Control (COSQC) as an authorised Conformity Assessment Body (CAB) for goods imported into Iraq. All exporters to Iraq must present a Certificate of Conformity (CoC) and a Release Note to Iraqi Customs […]
By John Lee. Iraq's Minister of Education, Dr. Ibrahim Namis Al-Jubouri, has signed a comprehensive agreement to enhance modern English language programs in Iraq. This initiative aims to build the capacities of educational and teaching staff through intensive training in collaboration with the British Council. The signing ceremony was attended by the Deputy Minister for […]
By John Lee. Iraq-focussed Finnish EdTech start-up Corrsy has announced the successful closure of its pre-seed investment round, raising $500,000. According to a press release from the company, "this significant milestone marks the beginning of an exciting journey to transform education in the MENA region through groundbreaking learning experiences." The investment round was led by […]
