By John Lee.

The Jordanian-Iraqi Forum on digital transformation in the financial sector was held on Wednesday in Baghdad.

It was organized as part of the partnership between Jordan’s Information and Communications Technology Association (int@j), the Jordanian-Iraqi Economic Association, the Iraq Private Banks League, and the International Finance Corporation, and saw the participation of 30 Jordanian IT companies.

Through the forum, int@j aims to assist Jordanian IT companies enter the Iraqi market.

The Chairman of the Board of Directors at int@j, Dr. Bashar Hawamdeh, said that the company’s role in organizing the forum is part of their efforts to bolster networking among Jordanian companies and Iraqi banks and others operating in the financial sector. int@j’s role in organizing the forum comes as well amidst efforts to enable Jordanian companies to offer their expertise in digital transformation and technology to Iraqi sectors more broadly, particularly considering there exists an urgent need on the Iraqi side to implement digital transformation projects.

Dr. Hawamdeh noted that the Iraqi market is an important market to Jordanian companies, as those companies possess significant expertise in systems building and management. He added that Jordanian companies have been instrumental in developing e-governance for states in the region and have assisted in building systems that serve digital transformation.

He added that the forum is an opportune time for Jordanian companies to explore opportunities related to cooperation and sharing of expertise, especially considering the faith the Iraqi market has in Jordanian expertise in all areas.

The following Jordanian companies are taking part in the forum: Access 2 Arabia, Bridges PR and Events, Globitel, Green Circle Co., Hayyan Horizons, MenalTech, HyperPay, MadfooatCom, Jordan Payments and Clearing Company (JoPACC), Middle East Payment Services (MEPS), and Quality Business Solutions.

Also participating in the conference are: Real Soft Advanced Applications, Sidra Electronic Payment Software, Synaptic Technologies, Trismart, VTEL Holdings, dot.Jo, Jordan Data Systems, Takamol, ProgressSoft, Al Bayanat Al-Raqamiah for Information Technology, Image Technologies (ITECJ), OPTIMIZA, Oracle, Jordan Systems Consulting Co, OFFTEC, Dell, KPMG Jordan, Virtual/Al-Nayi for Informational and Communications Consulting, and Mawdoo3.com.

(Source: int@j)

By John Lee.

FBM-KNM FZCO, an indirect wholly-owned subsidiary of Malaysia’s KNM Group, has been awarded a contract for the supply and delivery of replacement heat exchangers to the Khor Al Zubair’s gas processing plant in Basrah Province.

According to a regulatory statement, the contract from Basra Gas Company (BGC) is worth USD 2.096 million (equivalent to approximately RM8.739 million based on the exchange rate of USD1.00 : RM4.17).

The project is to be completed by 14th January 2020.

(Source: KNM)

By John Lee.

Kuwait’s Qualitynet is reported to have been granted a licence to provide internet, telecommunications and satellite services in Iraq.

According to CommsMEA, the move makes it the first Kuwaiti telecommunications service provider to win a service licence in the country.

Said Qualitynet CEO Mohammed Nizar Al-Nusif is quoted as saying:

Winning this licence comes after an extensive study of the needs of the Iraqi market, the estimation of investment volumes and feasibility studies for the establishment of infrastructure, and will complement our strategic plan for regional and international expansion.

“Our experts are currently working on deploying the network and infrastructure to provide our services to our customer base across Iraq, and to provide the network with point-of-presence devices through Qualitynet Iraq, for which it was officially established.

(Source: CommsMEA)

(Picture credit: Tasnim, under Creative Commons licence)

By John Lee.

UK-based recruiter Samuel Knight International has reportedly announced plans to open a new office in Baghdad.

According to Business Leader, the company focuses on the rail and energy sectors, and recently received investment from Gresham House Ventures.

In recent days, another British recruitment agency, SSK Recruitment, was reported to be looking to open an office in Erbil.

(Source: Business Leader)

By John Lee.

UK-based recruitment agency SSK Recruitment is reported to be looking to open an office in Erbil.

Bdaily quotes Managing director Adam Smith as saying:

With all the uncertainty surrounding Brexit, we decided to focus on building relationships in the Middle East.

“The margins are significantly higher in the Middle East than here in the UK and we’ve been lucky that through existing relationships we’ve formed with our current clients, they have in turn recommended us to other companies.

It adds that the company is looking to engage with more companies in the oil and gas sector and is holding meetings in the UK, Dubai and Iraq.

(Source: Bdaily)

By John Lee.

A Turkish airline will start new services from Diyarbakir and Gaziantep to Erbil from 21st March.

AnadoluJet, a subsidiary of Turkish Airlines, plans to offer three flights per week to each location.

(Source: AnadoluJet)

By John Lee.

AeroVironment Inc., of Simi Valley, California, has been awarded a $17,356,084 firm-fixed-price Foreign Military Sales (Iraq) contract for Puma AE II C-Code International Digital Data Link systems.

One bid was solicited with one bid received.

Work will be performed in Simi Valley, California, with an estimated completion date of Oct. 18, 2021.

(Source: US Dept of Defense)

By John Lee.

AeroVironment Inc., of Simi Valley, California, has been awarded a $17,356,084 firm-fixed-price Foreign Military Sales (Iraq) contract for Puma AE II C-Code International Digital Data Link systems.

One bid was solicited with one bid received.

Work will be performed in Simi Valley, California, with an estimated completion date of Oct. 18, 2021.

(Source: US Dept of Defense)

By John Lee.

South Korea’s STX Marine Service has reportedly won a contract to restore and operate diesel-fueled electric power plants in Iraq.

According to Yonhap, the company said the US$500-million deal will see it four 900-megawatt electricity generation units over five years.

It calls for 100 South Korean engineers to be dispatched by STX, along with the hiring of 500 local workers.

The company said work started on 1st July.

(Source: Yonhap)