By John Lee. Iraq's Ministry of Finance has commissioned global consultancy firm Ernst & Young (EY) to evaluate the performance of state-owned insurance companies affiliated with the Ministry. Finance Minister Taif Sami (pictured) said in a statement to the state-owned Iraqi News Agency (INA) that the move aligns with directives from the Council of Ministers […]
By John Lee. Scottish-based EthosEnergy has been awarded a multimillion-dollar Operations and Maintenance (O&M) contract for the Maisan [Maysan, Missan] Combined Cycle Power Plant near Basra. The three-year contract, EthosEnergy's first comprehensive third-party Care, Custody and Control agreement in the Middle East, covers operations, inspections, and maintenance of the 850 MW facility. The power plant, operated […]
By John Lee. Ashur International Bank has joined the Iraq Britain Business Council (IBBC). According to a statement from the IBBC, the move follows a long relationship between the Council and the bank's CEO, Mohammed Al-Delaimy. It says the bank, established in 2005 is one of the leading private banks in Iraq, offering comprehensive banking […]
Al Uroush Automotive Limited becomes authorised Rolls-Royce Motor Cars dealer in Erbil, Iraq Rolls-Royce Motor Cars Iraq will offer the full Rolls-Royce model portfolio and dealer services at a temporary facility with showroom planned for 2026 First dealer in the country since the foundation of the brand 120 years ago Luxury market in Iraq is […]
By John Lee. The Iraqi Prime Minister has ordered a consultative meeting to be held between the Ministry of Electricity and the General Secretariat of the Council of Ministers regarding the Al-Khairat Thermal Power Plant. According to a statement from the Prime Minister's Office, the focus of the meeting is on resolving financing issues related […]
From the Iraq Britain Business Council (IBBC): IBBC appoints Mr Mohammed Al Saadi of Sama Hammurabi Law as Iraq members' representative. The appointment of Mr Al Saadi as IBBC's Iraqi representative is an important role for IBBC. As the link between members and management and as the main contact in Iraq he will speak to […]
By John Lee. Al Rida Investment Group has joined the Iraq Britain Business Council (IBBC). Established in 1997, Al Rida has evolved from a construction company into a diversified Iraqi holding firm at the forefront of national development, according to a press release from the IBBC. With investments in real estate, infrastructure, industrial manufacturing, and […]
IBBC and MEA in complimentary reception in House of Lords The Iraq Britain Business Council (IBBC) and the Middle East Association (MEA) held a complimentary reception in the House of Lords, hosted by Baroness Nicholson, who welcomed the assembled members. Mr Jon Wilks CMG spoke of the opportunities in Iraq and benefits of trade councils […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting on the delayed Al-Khairat Thermal Power Plant project in Karbala, attended by the Chinese Ambassador to Iraq and representatives from the executing companies, Harlow International and CITIC, as well as officials from the Ministries of Electricity and Oil. The Prime Minister granted the […]
By John Lee. KRG Prime Minister Masrour Barzani has welcomed Irfan Siddiq, the newly appointed British Ambassador to Iraq. PM Barzani congratulated Ambassador Siddiq on his new post and reaffirmed the Kurdistan Regional Government's commitment to strengthening ties with the United Kingdom. The Ambassador praised the Kurdistan Region's progress and confirmed Britain's readiness to expand […]
By John Lee. UK-based Development Analytics Ltd has won a contract with the International Labour Organization (ILO) to, "[Make] The Case for an Old-Age Social Pension in Federal Iraq." The contract value was not disclosed. According to information provided by the UN, the ILO, together with UNICEF and WFP, are implementing an EU-funded Joint Social […]
Wood selected by TotalEnergies to advance Ratawi field redevelopment in Iraq, as part of the Gas Growth Integrated Project Wood, a global leader in consulting and engineering, has been awarded two new engineering and procurement framework agreements worth $11 million by TotalEnergies EP Ratawi Hub as part of the Gas Growth Integrated Project (GGIP), a […]
