By John Lee. AAA Holding Group (AHG) has announced a doubling of capacity at its fertilizer plant at Khor al Zubair, in Basra governorate. The new line, producing di-ammonium phosphate (DAP) fertilizer, will have a capacity of 500,000 tons per year, bringing total production at the plant to one million tons annually. Amet Selman, CEO […]
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 £1.2 billion [$1.5 billion] in the four quarters to the end of Q4 2022, an increase of 57.3% or £432 million in current prices from the four […]
By John Lee. Mr. Mohammed Jaafar Al-Sadr, the Iraq Ambassador to London, received Mr. Amet Selman, CEO of AAA Holding Group (AHG) and an investor in the phosphate fertilizer plant in Basra on Monday. During the meeting, Mr. Selman briefed the Ambassador about the company's activities in Iraq, particularly their partnership with the Ministry of […]
By John Lee. The British Embassy in Baghdad has announced funding for projects to promote and protect human rights in Iraq. Under the Magna Carta Fund, the UK will make £70,000 ($92,000) available to projects that include action-oriented ideas which will bring about concrete outcomes. According to a statement from the Embassy: "In particular, we […]
By John Lee. The British Embassy in Baghdad has announced funding for projects to improve freedom of religion and belief in Iraq. Under the John Bunyan Fund, the UK will make £30,000 ($39,000) available to projects that include action-oriented ideas which will bring about concrete outcomes. According to a statement from the Embassy: "In particular, […]
By John Lee. UK Export Finance (UKEF), the UK's export credit agency, has said it sees "huge opportunity in Iraq". Speaking at the Iraq Britain Business Council's (IBBC) Spring Conference in London recently, Tim Palmer, Head of Renewables and Transition at UKEF, said: "As of today, we have about $1.5 billion worth of risk capacity […]
From the Arab-British Chamber of Commerce (ABCC). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The ABCC was honoured to host H E Dr Fuad Hussein (above), the Deputy Prime Minister and Minister of Foreign Affairs, Republic of Iraq, for a ministerial roundtable on […]
By John Lee. The Iraq Britain Business Council (IBBC) has welcomed three new members: Saudi-based Alkhorayef Group operates in the agricultural machinery, food distribution, oil technologies and water sectors, and partners with many of the largest global brands operating in KSA, including Volvo, Penta and Castrol. It operates in 40 countries, and employs more than […]
The United Kingdom and the Republic of Iraq agreed a joint communiqué to mark the UK-Iraq Strategic Dialogue, held in London on 3-4 July 2023: The Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom and Northern Ireland, the Rt Hon James Cleverly MP, hosted, Deputy Prime Minister and Minister of […]
By John Lee. Deputy Prime Minister and Minister of Foreign Affairs, Fuad Hussein, has held talks with Phil Malem, the Chief Executive Officer (CEO) of Serco Middle East. According to a statement from Iraq's Ministry of Foreign Affairs, the discussions aimed to resolve outstanding disputes between the UK-based company and relevant Iraqi authorities. The meeting […]
From the Iraq Britain Business Council (IBBC): LARSA Security Services is an Iraqi security company registered in Iraq as a private company under the Iraqi ministry of interior and has obtained license number (164). LARSA is a pioneer in the field of private security and logistics. With a high level of skill, training, expertise, and […]
By John Lee. UK-based online trading and foreign exchange company ATFX has announced the start of operations in Iraq, in partnership with Iraq's Ashur Bank. The agreement was signed in Jordan by Joe Li, Global Chairman of ATFX, and Ziad Fatayer, the CEO of Ashur Bank. Speacking at the event, Managing Director of ATFX Levant, […]
