The Iraq Britain Business Council (IBBC) has announced that OILSERV has joined the Council. OILSERV is an independent Oilfield Service Company founded with the purpose of providing world class solutions to clients operating across the Middle East and North Africa. OISERV’s comprehensive range of business lines covers the full life cycle of oilfield services, from […]
UK-based ONEm is partnering with Asiacell to bring unlimited news and entertainment content from Reuters to Iraq. Asiacell subscribers can now exclusively access global news on any mobile device. The #Reuter service provides full coverage of real time news and entertainment content in Arabic delivered by SMS. Users interact with the #Reuter service menu by […]
IBBC holds annual Cumberland Lodge Conference with Political, Academic, Education and Business Experts, 6-8 July The Iraq Britain Business Council hosted its annual Cumberland Lodge Retreat on 6-8 July, inviting a host of political, business, academic and education experts to discuss the most pertinent issues relating to Iraq and its future. The title of the […]
The UK's Serious Fraud Office (SFO) has commenced criminal proceedings against Unaoil Monaco SAM and Unaoil Ltd as part of an ongoing corruption prosecution. This follows charges already brought against four individuals for alleged conspiracy to make corrupt payments to secure the award of contracts in Iraq. Unaoil Ltd has been summonsed with two offences […]
By Sadek Ali. Resounding Victory At the height of its reach, Daesh occupied almost 40% of Iraq’s territory. A tragedy for the communities they enslaved and also for Iraq’s economy: the area occupeid produced 80 thousand barrels of crude oil in 2014. The December 2017 liberation of Iraq was therefore a significant release for both […]
By John Lee. UK Export Finance (UKEF) has published its annual report and accounts for 2017 to 2018, in which it lists three export projects supported in Iraq: Enka UK Construction Ltd received letter of credit guarantees and supplier credit totalling £87,910,650 for the construction of a gas-fired power plant for Iraq's Ministry of Electricity; […]
By John Lee. Fly Erbil, Iraq's only Kurdish airline, successfully completed its first scheduled flight on Monday. The plane set off from Erbil International Airport en route to Stockholm in Sweden. The airline’s administrative director Ahmad Jamal told AFP that Fly Erbil currently has three planes and plans to increase to 10 in the future. […]
UK International Trade Secretary Dr Liam Fox MP has appointed Simon Penney (pictured on right) as Her Majesty’s Trade Commissioner (HMTC) for the Middle East. The announcement was confirmed by Dr Fox on a visit to Bahrain and the United Arab Emirates (UAE), where he met government and industry representatives to boost trade and promote […]
Baroness Nicholson of Winterbourne, President of the Iraq Britain Business Council (IBBC), visited Baghdad on 2-3 June, accompanied by Managing Director Christophe Michels, as well as Rasmi Al Jabri, Deputy Chairman and Iraq Representative to meet with numerous politicians and IBBC member representatives. Jonathan Wilks CMG, Her Majesty’s Ambassador to Iraq joined the IBBC team […]
The Iraq Britain Business Council (IBBC) has held an event in partnership with the Royal United Services Institute (RUSI) on ‘The Iraq Election Results: what next for Iraq’s political stability?’. The panel event, in partnership with the Royal United Services Institute gave an initial assessment of the Iraqi election result and commented on the early […]
The UK's Serious Fraud Office (SFO) has brought further charges against two individuals facing trial in relation to the Unaoil investigation. Basil Al Jarah and Ziad Akle have both been charged with conspiracy to give corrupt payments to secure the award of a contract worth US$733 million to Leighton Contractors Singapore PTE Ltd for a […]
By John Lee. Iraq's Heavy Engineering Equipment State Company (HEESCO) has signed deals with three international companies in the oil, petrochemical and the marine industries: UK-based Weir Engineering Services; Czech-based KPS; Egyptian-based Petrojet. The company, established in 1963, has technological capabilities in the design, manufacturing and installation of the engineering equipment, such as the tanks, boilers, […]
