The Iraq Britain Business Council (IBBC) is partnering with Innovest as a Bronze-level eco-system partner for the Ruwwad Al Iraq Platform for young Iraqi Entrepreneurs in 2020.

Ruwwad Al Iraq [“Iraqpreneurs”] is a leading empowerment competition platform by INNOVEST Middle East that embraces young entrepreneurs around Iraq and helps them to start or scale up their businesses.

The competition invites participants to submit their innovative ideas or startup business plans in a bid for financial and capacity building prizes that will bring their dreams alive.

Bassam Falah, CEO of Innovest, said:

Our aim is to build communities of innovators in various sectors, to create new partnerships, to solidify individual and collective efforts, to achieve local, regional and global prosperity and to provide sustainable development to the people and community thus fulfilling their aspirations for a more stable, secure and dignified life.

“We Invest in pre speed funding as well as value creation through in-kind support where we provide startups with the access to resources that are important for their scale up.”

Christophe Michels, MD of IBBC, added:

IBBC are delighted to be supporting the development of Innovest’s start up initiative, as tech and entrepreneurialism are both very much in demand within Iraq as a solution for employment for young people and as a means to modernize the Iraqi social and commercial economy. 

“IBBC is keen to work more closely with tech companies and build a modern Iraq through innovation and applications, so we welcome supporting Innovest and its partnerships to realise these opportunities.

(Source: IBBC)

The Governor of Anbar, Mr Ali Farhan Hameed, visited the UK this week as a guest of the Iraq Britain Business Council (IBBC) .

While here, he attended various meetings at Chatham House, UKEF, at roundtables with IBBC members and dinner in the House of Lords with Baroness Nicholson ( President of IBBC and PM Trade Envoy to Iraq)

Mr Hameed’s message is that Anbar province is open for business, is secure, and has defeated and rooted out ISIL. Anbar is on the look out specifically for British engineering companies to work on water projects. The province now has good, rebuilt infrastructure, and the benefits of large phosphate deposits, natural gas, and is locationally at the crossroads between Turkey, Saudi Arabia and Syria. It seeks to reclaim its position as one of Iraq’s wealthier areas and has great opportunities for companies looking to establish businesses there.

Mr Hameed also attended the IBBC Christmas party, attended by Lord Green and Lord Robertson, vice presidents of IBBC, Mr Alastair Kett of PWC ( Deputy Chairman of IBBC) and Mr Rasmi El Jabri – deputy chairman IBBC ) and many new and original IBBC members and supporters, at the Royal Overseas League.

Mr Christophe Michels says’ that IBBC is ready and willing to facilitate any further introductions and initiatives with Anbar province, and we invited Mr Hameed following our own visit to Anbar in July 2019. We all look forward to a busy and successful year ahead.’ Season’s greetings and thanks to you all in our world.

(Source: IBBC)

By John Lee.

Mr. Mohammad Jaafar Al-Sadr, the Ambassador of the Republic of Iraq in London, has participated in a round-table meeting hosted by the Iraq Britain Business Council (IBBC) .

The Ambassador said Iraq welcomes the contribution of British companies to the reconstruction of the country, reviving the Iraqi economy, and providing job opportunities, because “British companies enjoy high experience in various fields, especially in the infrastructure sector, electricity, water, health, and education“.

The meeting was attended by Baroness Emma Nicholson, and board members representing sixteen British companies.

According to a statement from the Iraqi Ministry of Foreign Affairs, Baroness Nicholson “expressed the aspiration of the IBBC and its member companies to work in Iraq in the coming period“.

(Source: Iraqi Ministry of Foreign Affairs)

By John Lee.

Mr. Mohammad Jaafar Al-Sadr, the Ambassador of the Republic of Iraq in London, has participated in a round-table meeting hosted by the Iraq Britain Business Council (IBBC) .

The Ambassador said Iraq welcomes the contribution of British companies to the reconstruction of the country, reviving the Iraqi economy, and providing job opportunities, because “British companies enjoy high experience in various fields, especially in the infrastructure sector, electricity, water, health, and education“.

The meeting was attended by Baroness Emma Nicholson, and board members representing sixteen British companies.

According to a statement from the Iraqi Ministry of Foreign Affairs, Baroness Nicholson “expressed the aspiration of the IBBC and its member companies to work in Iraq in the coming period“.

(Source: Iraqi Ministry of Foreign Affairs)

IBBC host a roundtable discussion with His Excellency, Mr Jaafar Al-Sadr

On Wednesday 4th December the Iraq Britain Business Council (IBBC) was pleased to host a roundtable discussion chaired by IBBC President Baroness Nicholson with Iraq’s newly appointed Ambassador to the UK, His Excellency, Mr Jaafar Al-Sadr, and fellow diplomats Dr Ahmed Al-Nakash and Ms Hanaa Jawad.

The meeting was attended by several IBBC member representatives including from Al Hadeel Al Hassan LLC, Constellis, EAME, Ernst & Young, March Holdings, Mutual Finance Ltd, Perkins & Will, Protechnique, PWC, Rolls Royce, RSK, Shell, Unihouse Global and Xratech.

His Excellency, Mr Al-Sadr introduced himself and opened a constructive discussion on current affairs in Iraq.

Baroness Nicholson, gave a summary of the history of IBBC in Iraq, its membership and the many events and activities it supports Iraq and the UK.

There was a good interactive discussion which identified opportunities for further cooperation between IBBC, its members and the Government of Iraq. Baroness Nicholson noted that the IBBC and its members looked forward to working closely with the Ambassador in the months and years ahead, and HE Al-Sadr expressed his appreciation for the continuing support of IBBC and its many members.

(Source: IBBC)

The Iraq Britain Business Council (IBBC) is delighted to be holding a Tech forum within the main Conference at Address Hotel in Dubai on December 8th.

Principal among the speakers are Mr Yassin Bhija of GE Healthcare and Mr Uwe Bork of Siemens Healthcare who are driving the healthtech panel – exploring the hot topic of ‘How best to Develop primary and general healthcare in Iraq.’

Iraq has structural and tactical issues in providing universal healthcare at all levels of delivery and in all locations and classes. The two leading healthcare companies will discuss how tech solutions in general can address the issue and how their particular capabilities contribute to the general provision of healthcare.

Following on the Education Tech panel, will be discussing ‘The importance of Digital literacy in Iraq’, led by Google’s Mr Martin Roeke, Dr Victoria Lindsay of the British Council and Mr Timothy Fisher CEO of Stirling Education.

The Forum is sponsored by Innovest Middle East, an investment company that invests in startups during their scaling up stage in key markets in the Middle East region. With representations in Lebanon, Dubai, KSA, and Iraq, Innovest Middle East has played a key role in driving the startup ecosystem through direct investments as well as through supporting incubation and acceleration platforms collaboration with governmental and international bodies. In Iraq, Innovest Middle East launched IRAQPRENEURS in 2018, in collaboration with the World Bank, Central Bank of Iraq and leading private organizations, which grew to become one of the leading nationwide entrepreneurship empowerment platform in Iraq.

Mr Bassam Falah, CEO of Innovest will be addressing the delegates on the progress in support of the Iraqi start up ecology.

More speakers are expected to confirm.

For more information and to register, please contact london@webuildiraq.org.

(Source: IBBC)

The Iraq Britain Business Council (IBBC) will also be holding a Tech Forum on 8 December, which will run in parallel with its Autumn Conference at the Address Hotel, Dubai.

IBBC tech conference is bringing together some of the key innovators of Tech in Iraq and will be speaking on how Digital Technology can deliver Health and Education for Iraq.

Speakers include representatives from EY, Siemens, GE Healthcare, Google, KPMG, and others.

Digital Transformation and Technology is at the heart of a better future for Iraq, join us and deliver this future together

 

AGENDA

Chairman of the day: Ashley Goodall, IBBC

14.00    How technology can support the delivery of the healthcare services in Iraq?

Panellists:

    • Dr Uwe Bork, Siemens Healthcare
    • Mr Yassine Bhija, Director of Enterprise Solutions, GE Healthcare
    • KPMG
    • EY

Coffee

16.00    Developing Digital literacy in Iraq

Panellists:

    • Mr Timothy Fisher, Stirling Education
    • Dr Victoria Lindsay, British Council
    • Mr Martin Roeske, Google Education and Govt affairs.

 

Register Now

Registration is FREE to Tech conference and for Women’s group discussion 

london@webuildiraq.org or phone +44 (0) 20 7222 7100 to request a registration form. 

IBBC hosts largest ever delegation of Iraqi business people at London Business Forum

In a wide-ranging business event over 230 Iraqi business-people and 70 British gathered to meet and discuss Business relations, trade, investment and engagement with the UK’s Business community.

Delegates from all regions of Iraq through the chambers of commerce gathered to hear from representatives of trade associations, IBBC members, chambers of commerce and investors.

Baroness Nicholson, President of IBBC, welcomed the new Iraqi Ambassador, H.E. Mr Mohammad Jaafar Al- Sadr, who gave a keynote address at the conference. The Ambassador speech was followed by an address of H.E Mr Karwan Jamal, High Representative of the Kurdistan Regional Government.

Of note were the panel from Iraqi business people, headed by Dr Dara Jalel Al-Khayat, Chairman of Federation of Chambers of Commerce and Industry of Kurdistan, and representatives from Babil, Baghdad and Basra Chambers, as well as the chair of the Importers and exporters association in Kurdistan.

From the British side, a panel consisting of Rod Dowler of the Industry Forum, Alan Rides MD of Hounslow Chamber of Commerce, Brigadier James Ellery of Turnkey LLC and Mr Peter Hunt of HWH Associates and Raed Hanna, MD of MFL Finance, all spoke positively of their experiences in Iraq, but tempered with advice on improvements to the Iraqi experience. Finally, Jessica Hao of Crossboundary associates spoke of opportunities to invest in start-ups and SMEs in Iraq with support of USAID.

Key messages included the enthusiasm with which the Iraqis are keen for British Investment into numerous sectors in Iraq, especially Agriculture, Petro Chemicals, Food Processing, Housing and Consumer goods.

The idea of joint ventures with British know how and expertise and Iraqi partners are also suggested as ways to overcome perceptions of risk in the country. However, many delegates all supported the notion that despite the present legitimate protests in many parts of the country overall peace and stability has returned to Iraq following the defeat of DAESH and that the business environment is getting more favourable. Nevertheless, much needs to be done to free up and boost the private sector, an essential step to meet the demands for real jobs and futures of the ever-increasing young Iraqi population.

Following the formal event, the delegates networked extensively with each other and the British contacts in the room.

The group move onto Northampton University, Ardley high tech waste centre, and High-tech leather innovation centre in Northampton University before returning to Iraq.

For more information on the contacts for exports and import opportunities, please contact London@webuildiraq.org

(Source: IBBC)

The Iraq Britain Business Council (IBBC) took a significant group of members on a trade mission to KRI this week. Paramount was the need to review business opportunities and investment in the region and to learn directly from the Prime Minister Barzani his plans for business and industry.

The group, led by Baroness Nicholson, UK Trade Envoy to Iraq, Christophe Michels MD of IBBC and Eng Rasmi Al Jabri, Deputy Chairman of IBBC included representatives from Jaguar LandRover, Crescent Petroleum, EY, Siemens, Sardar Trading Agency, Garda World, Stirling Education, KPMG, G4S, OilServ Kuwait, and from the DIT Mr Rawand Askary, and James Thornton of UK FCO.

The Prime Minister introduced a number of Ministers for discussion with the group, including KRI Minister of Electricity Mr Kamal Mohammad Saleh discussing project finance and other related matters. The DG of the KRIs MoI joint crisis coordination centre Mr Hoshang Mohamed discussed the clearance of IEDs & mines and the handling of the overall IDP and refugee crisis (that G4S have been heavily engaged with).

In conversation, Mr Barzani stated that ‘the KRI government will bring in reforms to cut down on red tape for the private sector to develop. It will pursue a policy of registering companies through a ‘one window’ online portal which should allow company registrations to be done in the same time it takes in western countries to do so. He also said that the new administration is streamlining overall bureaucracy for private businesses to limit unnecessary Government interference.

The Government is also planning to draft a new bribery law to fight corruption and is looking at reviewing its financial framework to encourage PPPs throughout the economy including education and health. Diversification of the economy is big on the agenda with agriculture, tourism and the manufacturing of goods being a priority. KRI should import less and produce more and eventually find markets outside its borders for its products. Foreign partners for all of this are sought after.’

A permanent revenue sharing agreement with Baghdad is top of the agenda among other things to allow credit export agencies to work directly in the KRIG.’

On Sunday the Planning Minister and Mr Amanj Raheem, Cabinet Secretary, Kurdistan Regional Government spoke, and the Ministers for Construction and Electricity attended the British Consulate Reception taking place at the JLR show room kindly sponsored by Sadar Trading Agencies – thanks to Mr Sardar Al-Bebany Chairman and CEO. Dr Dara Al Khayat, Chairman of KRI federation of Chamber of Commerce and Industry in Erbil, hosted a Monday evening event and on Tuesday the mission visited Crescent Petroleum offices.

The trip continued to Baghdad

(Source: IBBC)

Iraq Britain Business Council (IBBC) fields significant Baghdad meetings with Dr Barham Salih, President of Iraq, and Ambassadors, to strengthen private sector business in Iraq.

IBBC President Baroness Nicholson and MD Christophe Michels, Rasmi Al Jabri, IBBC Deputy Chairman and Mohanad Al Khatab Baghdad Office Manager, met this week with the President Dr Barham Salih and a range of Government of Iraq Ministers and business leaders.

The team updated the President on the work of IBBC and it’s members in Iraq. There followed wide ranging discussions on current affairs in Iraq and internationally. The President was ‘delighted to see IBBC in Baghdad in these challenging times and complimented the organisation for its ongoing and very effective work. He said that he was willing to support IBBC fully whenever required.’

Additional meetings included the Chief of Justice Faik Zidan, to follow up on his recent visit to London when IBBC hosted him, and to discuss the legal framework in Iraq and current affairs.

Dr Sami Al Araji, Head of the National Investment Commission (NIC) also agreed to plan future regular joint activities in Baghdad as the situation returns to normal.

Further meetings included Civil Society activist Mrs Hana to understand the many reasons for the protests and the latest news from Tahir Square and around the country. IBBC expressed sympathy for the movement and discussed ways in which the protest movement could succeed in some of it’s demands without facing a full confrontation with the security forces.

At the US Ambassador Tueller’s residence, the Ambassador, guests and Ambassadors from Canada and Australia and John Tucknot UK Deputy Head of mission, discussed the work of IBBC and how to strengthen collaboration with the US, Canada and Australia, to support the private sector. IBBC is widely recognised as being the most successful trade council in Iraq.

Thanks also to IIB, Al Burhan Group, G4S, Zain and March Group for their support during the visit.

(Source: IBBC)