UK-based pump company Amarinth has delivered four API 610 VS4 vertical pumps with Plan 53B seal support systems for the Oil Train 5 Project at Garraf oilfield. Located at the northwest of Al-Refaei, approximately 85 kilometers north of the City of Nasiriya, half way between the Tigris and Euphrates rivers in the southeast of Iraq, […]
Why you should come to the IBBC Conference in Dubai, entitled 'Opportunity in Adversity' On 19th November the Iraq Britain Business Council (IBBC) is holding its Autumn conference in person at the Address hotel Dubai Marina. Some would say it's a brave decision, considering COVID, but others are keen to take up the challenge and […]
From the Iraq Britain Business Council (IBBC). Why IBBC Autumn conference will be different and full of promise: Opportunity in Adversity To be honest, the idea of holding a conference in the year of COVID, might look fool hardy, but sometimes you have to face down challenges and move forward, just like the Government of […]
Bell Finance LLC joins IBBC as a new member and brings investment to the private sector in Iraq Bell Finance LLC has joined the Iraq Britain Business Council (IBBC) to continue the work of the Iraq Middle Market Development Foundation's lending and educational activities in Iraq since 2005 (www.immdf.org). Funded by the U.S. International Development […]
Reforming the economy and improving the security situation are vital if Iraq is to build back better from coronavirus, Foreign Secretary Dominic Raab said, after his meeting with Iraqi Prime Minister Mustafa Al-Kadhimi on Thursday 22nd October. HRH The Prince of Wales and Prime Minister Boris Johnson also met Kadhimi yesterday (Thursday 22 October), their […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. UN project hopes to preserve Iraq's marshlands The British government will return nearly 5,000 stolen artifacts to Iraq, the office of Prime Minister Mustafa al-Kadhimi said on Friday. Click here to […]
From the Iraq Britain Business Council (IBBC): IBBC holds dual dinner in London and Baghdad to celebrate the life of Rasmi AL Jabri and establish an award in his name On Thursday, 14th October, IBBC hosted a single reception and dinner in memory of Engineer Rasmi Al Jabri, our late Deputy Chairman and Founding Member […]
From the Iraq Britain Business Council (IBBC). Joining the European Bank for Reconstruction and Development (EBRD) is great news for Iraq. The IBBC welcomes EBRD membership on a number of levels as Iraq will both benefit from joining an organisation mandated to develop open and sustainable market economies in countries committed to, and applying, democratic […]
Former Unaoil executive sentenced for paying bribes to win $1.7-billion worth of contracts Basil Al Jarah has today been sentenced to three years and four months' imprisonment for paying in excess of $17m in bribes to dishonestly secure approximately $1.7bn worth of contracts in post-occupation Iraq. Al Jarah, Unaoil's former Iraq partner, conspired with others […]
By John Lee. Scottish engineering company Weir Group has announced the sale of its Oil & Gas division to US-based Caterpillar Inc. The all-cash sale gives its Texas-based division an enterprise value of US$405m (£314m), subject to customary working capital and debt-like adjustments at closing. The move is part of Weir's strategy to become a […]
By John Lee. The Ambassador of Republic of Iraq in London, Mr. Muhammad Jaafar Al-Sadr, chaired a meeting with representatives of the British pharmaceutical group, AstraZeneca, which is a leading company in Coronavirus vaccine in cooperation with the University of Oxford in Britain, through video conference. The meeting discussed the possibility of Iraq obtaining adequate […]
The Iraq Britain Business Council (IBBC) hosted a virtual conference chaired by Prof. Mohammed Al-Uzri to inaugurate its newly launched network of Iraqi Alumni of UK universities. The conference was opened by Baroness Nicholson. The guest speaker, Dr. Hamid Ahmed, Deputy Minister of Iraq's Ministry of Higher Education and Scientific Research, confirmed the ministry's strong […]
