Tag Archives | United Kingdom

IBBC signs MoU with Red Crescent

The Iraq Britain Business Council (IBBC) has signed an MoU for cooperation with the Iraqi Red Crescent Society (IRCS), in the House of Lords on 15th April. The Iraqi Red Crescent Society is a leading humanitarian not-for-profit organisation, as is IBBC, and both operate in Iraq sharing the same vision of rebuilding Iraq. The IRCSt […]

UK Invites Bids to Strengthen Civil Society in Iraq

The UK Integrated Security Fund (UKISF) for Iraq invites bids by 3 May 2024 for a programme to strengthen civil society organisations working on women, peace and security issues in the Federal and Kurdistan regions of Iraq. Overview In 2021, British Embassy Baghdad established the successful Women's Voices First programme, which runs until May 2024. […]

Iraqi-British Agreement Marks Milestone for Financial Market

By John Lee. The Iraqi Securities Commission (ISC) has announced the signing of a mutual cooperation agreement with the UK's Chartered Institute for Securities and Investment (CISI), marking the first Iraqi-British agreement in the financial market sector. This pact entails the exchange of information related to financial training programs and signifies a significant advancement in […]

Riad Chehayab joins IBBC Advisory Council

Riad Chehayab (pictured), Director of assurance and consultancy at Serco, has joined the Iraq Britain Business Council (IBBC) advisory council.  Riad oversaw running air traffic control for the Iraqi Government in Baghdad for 10 years, and previously ran air operations for Serco Middle East. While in Iraq, Riad acted as an advisor to the Iraq […]

AstraZeneca signs MoU with Iraq on Cancer Treatment

By John Lee. The British-Swedish multinational pharmaceutical company AstraZeneca has signed a memorandum of understanding with Iraq related to cancer treatments. State-run Iraqi News Agency (INA) said Minister of Health, Salih Al-Hasnawi, and the British Ambassador, Stephen Hitchen, attended the signing as "the MOU specializes in introducing innovative and modern treatments as well as diagnostic […]

Corruption "Costs Iraq Another Massive Opportunity"

By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's Endemic Corruption Costs It Another Massive Oil and Gas Opportunity British supermajor Shell last week exited Iraq's potentially game-changing US$11-billion Nebras Petrochemical Project. Shell signed the NPP deal, having […]

Agritech Cmte promises to Improve Iraqi Agriculture

By Padraig O'Hannelly. A major new initiative to improve agriculture in Iraq has been launched by the Iraq Britain Business Council (IBBC). Chaired by Dr Amet Selman, founder of AAA Holding Group, IBBC's Agritech Committee gathers interested IBBC Members and external experts to draw up a plan to dramatically improve agricultural practices throughout the country. […]

UK Firm brings Air Quality Monitoring to Iraq

By John Lee. UK-based air quality expert EarthSense has announced a distribution agreement with Enviro Solutions and Technologies Company (EnviroSOLTECH), a specialist environmental monitoring company based in Najaf, Iraq. According to a statement from EarthSense, the partnership will enable EnviroSOLTECH to enhance its air quality monitoring and consultancy services for government departments and local authorities, […]

IBBC inaugurates Agritech Cmte: Confirms Project Focus

From the Iraq Britain Business Council (IBBC): IBBC's inaugural Agritech Committee confirms commitment and project focus for pilot. IBBC held its first inaugural committee meeting at the Royal Overseas League on 13th February, chaired by Dr Amet Selman of AAA Holding. The broadly based committee included appointees from all areas of business and government: members […]

KRG PM Welcomes New British Consul General

By John Lee. On 6 February 2024, the Kurdistan Regional Government's Prime Minister, Masrour Barzani, welcomed James Goldman, the newly appointed British Consul General to the Kurdistan Region. Prime Minister Barzani extended his congratulations to Consul General Goldman on his new role and emphasised the KRG's commitment to advancing bilateral ties between the two regions. […]

UK-based company Wins Multi-Million-Dollar Iraq Order

By John Lee. UK-based Acoustic Data has reportedly won a multi-million-dollar order from a major oilfield service company in Iraq. According to Oil Review Middle East, the company will deploy its SonicGauge wireless monitoring systems "across a substantial number of assets." It quotes Chief Commercial Officer, Jesse Tolley, as saying that it will provide "real-time […]

BP Books Gain on disposal of Rumaila

By John Lee. Oil giant BP has disclosed that it booked a gain of $361 million in relation to the disposal of the group's interest in Iraq's Rumaila field. Its interest in Rumaila was transferred to Basra Energy Company (BECL) in 2021, which BP describes in its results announcement on Tuesday as "an associate of […]