Iraq Business News has learned of claims that Iraq's anti-corruption bodies are investigating the contract to operate the duty-free shops at Baghdad and Basra airports. Early last year we reported that the Iraqi Civil Aviation Authority (ICAA) and the Ministry of Transport had extended Iraq Duty Free's exclusive contract at the airports by ten years […]
By John Lee. Two companies have won tenders to supply EOD/IEDD search and clearance teams to the United Nations Office for Project Services (UNOPS) in Iraq. The contract with UK-based Optima Defence & Security Group Limited is valued at $6,374,302, while the contract with Ain Alsaker (Falcon Eye) Demining Co. is valued at $3,782,425. (Source: UNGM) […]
By John Lee. The Ministry of Oil has announced that BP has signed a contract to develop the Kirkuk oil fields. According to Reuters, the deal with the North Oil Company (NOC) will see BP will boost output capacity from the six fields in the Kirkuk region to more than 1 million barrels of oil […]
Vulnerable women living in northern Iraq’s refugee camps are being taught how to sew. Paula Horsfall, from Berkshire, United Kingdom, has collected old sewing machines and transported them to Iraq, where skills the women learn keep them off the dangerous streets of the refugee camp and allow them to make money for their families and […]
By Alessandro Bacci. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraq’s Fifth Licensing Round: Some Preliminary Considerations After the Auction On the morning and afternoon of April 26, 2018, I participated in a petroleum scholar workshop organized in London by the Association of […]
By John Lee. Having sold its stake in the West Qurna 1 project to Japan’s Itochu, Shell is now said to be "fully committed" to the giant Basra Gas Company (BGC), which captures gas from Iraq's southern oilfields. Frits Klap, managing director of BGC, told Reuters that processing capacity has more than tripled to 938 […]
By Alessandro Bacci. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Alessandro Bacci is an independent energy consultant in relation to business strategy and corporate diplomacy (policy, government, and public affairs). Much of his activity is linked to the MENA region, an area where […]
By Padraig O'Hannelly. At a major Iraqi business event in London on Tuesday, there was a strong sense that Iraq’s perceived risk profile is improving, and that this is an excellent time to do business in the country. Nearly 300 delegates attended the Iraq Britain Business Council (IBBC)‘s Spring Conference at the Mansion House, which focused […]
The Iraq Britain Business Council (IBBC) has announced that Basra Gateway Terminal (BGT) has joined the Council. BGT is one of Iraq’s premier container and multi-purpose cargo handling facility, with a team of high-performing Iraqi and International port professionals who deliver customer-focused, high productivity and congestion-free port services to Iraq’s economy. Situated in Umm Qasr, […]
IBBC Spring Conference 2018 Iraq: Building a diversified and modern economy Tuesday 24 April at Mansion House, London IBBC’s Spring Conference returns on 24 April 2018, bringing to the heart of London the preeminent political and business figures involved in business and the economy of Iraq. The theme for this years’ conference is Iraq: Building […]
The Iraq Britain Business Council (IBBC) has announced that Al-Nukhba-OFS FZCO has become the latest member to join the Council. Al-Nukhba OFS is one of Iraq’s preeminent organisations, involved in numerous sectors of the economy with many years of experience and has developed strong relationships with a host of international companies. Al Nukhba OFS started […]
Iraq Britain Business Council joins British Chambers of Commerce in boost to UK – Iraq Trade IBBC is delighted to announce that we are officially an international affiliate to the British Chambers of Commerce (BCC). The IBBC is now the official organisation to whom British companies and organisations will be referred by the BCC. This […]
