Conference: Find Out What’s Happening in Iraqi Business

From Peace to prosperity:

The Conference to find out what’s happening for Iraq business.

The Iraq Britain Business Council (IBBC) Autumn Conference in Dubai on December 8th is set against a backdrop of relative peace and security in Iraq, and the prospect of oil revenues surging through the economy is driving a wider range of business opportunities and a prospective 8% increase in GDP.

Peace is enabling the economy to diversify through the revenues that pay for a range of infrastructure projects. So this Autumn we are focusing on a range of sectors set to benefit from a stable Iraq: namely, Water, Transport and Logistics, Energy and Tech.

The recent protests have also spurred on Government reforms and incentives to drive employment, entrepreneurship and service diversity, and increase the volume of opportunity that lies ahead and the prospects for not just business-to-business but also a burgeoning consumer market.

The Iraqi Electricity Minister will likely be speaking about his reforms to open up the market to SME’s, training and new players. Other ministers including those from Construction and Transport are attending.

The recent announcement of a 10year tax-free period for SMEs in Iraq will also stimulate the Tech entrepreneur market and drive the uptake of engineering skills.

At this conference, we will discuss big-picture economics with Professor Frank Gunter (Lehigh University), Ahmed Tabaqchali (AFC Iraq Fund), and Simon Penny (UK Trade & Investment), who will address the economic backdrop in the Middle East, and the context for Iraq in particular.

The World Bank and Wood Plc will cover the water sector, while Rolls Royce, Basra Gateway Terminal (BGT), and Menzies will look at transport and logistics, and Iraq’s Electricity Minister, GE, Siemens and Enka will focus on energy.

Alongside the conference our Tech Forum brings experts on HealthTech and Educational Tech, including speakers from GE, Siemens Healthcare, KPMG, EY, Google and the British Council, among others.

While key opportunities will be outlined, the real opportunity for business is to meet the people directly involved in contracts and supply-chain opportunities. This is the place to do business, to network and to find out what’s happening in the Middle East’s most potentially dynamic market that is Iraq.

For further information and to find the latest updates on speakers – more are expected – please contact  london@webuildiraq.org or visit the website to register for tickets.

https://iraqbritainbusiness.org/event/autumn-conference-at-the-address-hotel-dubai

The year it’s all on the up…

Conference: Find Out What’s Happening in Iraqi Business

From Peace to prosperity:

The Conference to find out what’s happening for Iraq business.

The Iraq Britain Business Council (IBBC) Autumn Conference in Dubai on December 8th is set against a backdrop of relative peace and security in Iraq, and the prospect of oil revenues surging through the economy is driving a wider range of business opportunities and a prospective 8% increase in GDP.

Peace is enabling the economy to diversify through the revenues that pay for a range of infrastructure projects. So this Autumn we are focusing on a range of sectors set to benefit from a stable Iraq: namely, Water, Transport and Logistics, Energy and Tech.

The recent protests have also spurred on Government reforms and incentives to drive employment, entrepreneurship and service diversity, and increase the volume of opportunity that lies ahead and the prospects for not just business-to-business but also a burgeoning consumer market.

The Iraqi Electricity Minister will likely be speaking about his reforms to open up the market to SME’s, training and new players. Other ministers including those from Construction and Transport are attending.

The recent announcement of a 10year tax-free period for SMEs in Iraq will also stimulate the Tech entrepreneur market and drive the uptake of engineering skills.

At this conference, we will discuss big-picture economics with Professor Frank Gunter (Lehigh University), Ahmed Tabaqchali (AFC Iraq Fund), and Simon Penny (UK Trade & Investment), who will address the economic backdrop in the Middle East, and the context for Iraq in particular.

The World Bank and Wood Plc will cover the water sector, while Rolls Royce, Basra Gateway Terminal (BGT), and Menzies will look at transport and logistics, and Iraq’s Electricity Minister, GE, Siemens and Enka will focus on energy.

Alongside the conference our Tech Forum brings experts on HealthTech and Educational Tech, including speakers from GE, Siemens Healthcare, KPMG, EY, Google and the British Council, among others.

While key opportunities will be outlined, the real opportunity for business is to meet the people directly involved in contracts and supply-chain opportunities. This is the place to do business, to network and to find out what’s happening in the Middle East’s most potentially dynamic market that is Iraq.

For further information and to find the latest updates on speakers – more are expected – please contact  london@webuildiraq.org or visit the website to register for tickets.

https://iraqbritainbusiness.org/event/autumn-conference-at-the-address-hotel-dubai

The year it’s all on the up…

Govt reports on Implementation of 2018-22 Programme

By John Lee.

The Iraqi government has issued a report on the implementation of its 2018-2022 programme.

The report covers the period from October 2018, when the government came to office, to April 2019, providing an overview of what has been implemented from the government programme, identifying obstacles that may impede the completion of several projects, and outlining measures to address them.

Iraqi officials say that the report, the first of its kind to be issued by an Iraqi government, is an important measure to strengthen transparency and hold the government accountable before the Iraqi people and their parliamentary representatives.

Click here to download the report (Arabic only)

(Source: Government of Iraq)

US Provides Additional $100m for Iraq Stabilization

U.S. Government to Provide Additional $100 Million for Iraq Stabilization

US Chargé d’Affaires Joey Hood has announced that the United States Government intends to provide an additional $100 million to help stabilize liberated areas once held by the Islamic State.

The United States Agency for International Development (USAID) will provide the funds to the United Nations Development Program (UNDP).  With this $100 million contribution, the U.S. Government will have provided $358 million to stabilization efforts in Iraq since 2015.

The Funding Facility for Stabilization is supported by the Global Coalition to Defeat ISIS and managed in cooperation with the Government of Iraq.

The United States and the GOI are committed to creating the conditions to allow displaced Iraqis to return to their homes and start to rebuild their lives.  Strengthened with new funding, this stabilization program will restore essential services, such as water, electricity, sewage, health, housing, and education.

In his announcement, the Chargé called on Anbar’s elected officials, tribal sheikhs, and residents to protect the project work sites and ‎do their part to re-integrate back into their communities all displaced Iraqis who wished to return home.

(Source: U.S. Embassy Baghdad)

US Provides Additional $100m for Iraq Stabilization

U.S. Government to Provide Additional $100 Million for Iraq Stabilization

US Chargé d’Affaires Joey Hood has announced that the United States Government intends to provide an additional $100 million to help stabilize liberated areas once held by the Islamic State.

The United States Agency for International Development (USAID) will provide the funds to the United Nations Development Program (UNDP).  With this $100 million contribution, the U.S. Government will have provided $358 million to stabilization efforts in Iraq since 2015.

The Funding Facility for Stabilization is supported by the Global Coalition to Defeat ISIS and managed in cooperation with the Government of Iraq.

The United States and the GOI are committed to creating the conditions to allow displaced Iraqis to return to their homes and start to rebuild their lives.  Strengthened with new funding, this stabilization program will restore essential services, such as water, electricity, sewage, health, housing, and education.

In his announcement, the Chargé called on Anbar’s elected officials, tribal sheikhs, and residents to protect the project work sites and ‎do their part to re-integrate back into their communities all displaced Iraqis who wished to return home.

(Source: U.S. Embassy Baghdad)

KRG Details 167 Humanitarian Projects

By John Lee.

The Kurdistan Regional Government (KRG) has issued a report on its “Priority Humanitarian Small Scale Projects: In Health, Education, Municipality, Electricity, Social Care, Agriculture and Livelihoods and Water Sectors Kurdistan Region-Iraq 2019“.

The document presents a detailed breakdown of a total 167 priority humanitarian Small Scale Projects (SMPs) for 2019.

The focus is therefore on small-scale projects with the cost per project ranging from USD 28,000 to 1.2 million.

Download the full 39-page report here.

(Source: KRG)

KRG Details 167 Humanitarian Projects

By John Lee.

The Kurdistan Regional Government (KRG) has issued a report on its “Priority Humanitarian Small Scale Projects: In Health, Education, Municipality, Electricity, Social Care, Agriculture and Livelihoods and Water Sectors Kurdistan Region-Iraq 2019“.

The document presents a detailed breakdown of a total 167 priority humanitarian Small Scale Projects (SMPs) for 2019.

The focus is therefore on small-scale projects with the cost per project ranging from USD 28,000 to 1.2 million.

Download the full 39-page report here.

(Source: KRG)

IBBC holds 9th Annual Spring Conference

The Iraq Britain Business Council (IBBC) held its annual Spring Conference at the Mansion House in London on 10 April, hosting officials from the UK and Iraqi Governments and delegates from the major companies operating in Iraq covering all sectors of the economy.

The conference was entitled ‘Iraq – Financing a Modern Economy’ and was organised in conjunction with the Central Bank of Iraq and the Iraq Private Banks League. H.E. Dr Fuad Hussein, Deputy Prime Minister and Minister of Finance lead a high level delegation of Government officials alongside Dr Mehdi Al Alak, Secretary General of the Council of Ministers, Mr Abbas Imran Mousa, DG Technical Department, Ministry of Transport, Dr Falah Al-Amiri, Councillor for Oil & Gas supplies to the Iraqi Minister of Oil,  officials from the Central Bank of Iraq, a delegation from the Union of Private Banks and the Governors of Erbil and Sulamania.

Baroness Nicholson of Winterbourne, President of IBBC and the Prime Minister’s Trade Envoy to Iraq, Azerbaijan, Turkmenistan & Kazakhstan opened the conference alongside Alderman Sir William Russell, H.E. Dr Fuad Hussein, The Rt. Hon. Alistair Burt MP, Graham Stuart MP, Minister for Investment, Department for International Trade and Jon Wilks CMG, Her Majesty’s Ambassador to Iraq.

Dr Mehdi Al Alak presented a paper on ‘Private Sector Development and Investment in Iraq‘. Delegates received an exclusive insight into the Government’s planned measures and strategies to realise this ambition.

The event marked the 10th anniversary of the Iraq Britain Business Council and special awards were presented to Baroness Nicholson of Winterbourne and Eng. Rasmi Al Jabri, Deputy Chairman of IBBC as a token of gratitude for their contribution to the organisation over the last decade.

Dr Renad Mansour of Chatham House, produced a paper on ‘The present situation in Iraq’ which was commissioned especially for the IBBC conference.

Conference Sessions & Speakers

The Banking Sector in Iraq

Chairman: Gavin Wishart, Consultant

Panellists: Dr Mazen Sabeh Ahmed, Central Bank of Iraq; Mohammed Delaimy, Standard Chartered Bank; UK Export Finance (UKEF); Ali Tariq Mostaf, Iraq Private Banking League; Richard Wilkins, JP Morgan

Stock Market & Investment Opportunities

Chairman: John Kemkers, Eversheds Sutherland

Panellists: Shwan Ibrahim Taha, Iraqi Stock Exchange; Dr Alaa Abdel Hussein Al Saadi, Iraqi Securities Commission; Abdulla al Qadi, Crescent Petroleum

Keynote Address: Dr Mehdi Al Alak, Secretary General of the Council of Ministers

Oil & Gas

Chairman: Prof. Frank Gunter, Lehigh University

Panellists: Dr Mark Wharton, Shell; Lawrence Coleman, BP; Bob Dastmalchi, Chevron

Capacity Building in Iraq

Chairman: Ambassador Stuart Jones, Bechtel

Panellists: Dr Renad Mansour, Chatham House; Prof. Mohammed Al-Uzri, University of Leicester; Samer Al Mafraji, AMS Iraq

The IBBC is especially grateful to the sponsors of the event: Shell, the International Islamic Bank, Standard Chartered, Rolls-Royce and Eversheds Sutherland.

Our Partners, Speakers & Contributors

(Source: IBBC)

Funding Appeal for Humanitarian Needs in Iraq

IOM Launches Funding Appeal to Address Most Urgent Humanitarian Needs in Areas of Displacement and Return in Iraq

Five years after the onset of the ISIL crisis and the subsequent massive internal displacement, IOM Iraq is launching its funding appeal for emergency assistance in the amount of USD 41.4 million.

Although the number of internally displaced persons (IDPs) has gradually declined since 2017, there are still around 1,750,000 Iraqis living in displacement as of February 2019, due to significant obstacles to return such as damage to houses; lack of livelihoods and basic services; perceptions of insecurity in areas of origin; and mental and psychosocial distress. Around a third of the current population of IDPs, over 530,000 persons, is still living in camps, which require critical support.

IOM’s funding appeal is aligned with the 2019 United Nations’ Humanitarian Response Plan (HRP) for Iraq, which estimates that approximately 6.7 million people are in critical need of support. Nearly 65 per cent of those are concentrated in Ninewa, Anbar, and Salah al-Din, the governorates most severely affected by the recent conflict.

IOM will focus its humanitarian support in Iraq on three groups of concern: IDPs who remain in displacement both within and outside camps, vulnerable host communities in areas of displacement and return – where services are overstretched – and IDPs who have returned to their areas of origin but whose basic humanitarian needs are not being met.

In 2019, IOM plans to maintain its life-saving assistance to IDPs in camp settings through the provision of Shelter and Non-Food Items (NFI) support, providing primary health services, monitoring and addressing protection and psychosocial needs, supporting Water, Sanitation and Hygiene (WASH) services, and supporting camp co-ordination and camp management (CCCM) of IDP camps and informal settlements.

The appeal also includes a request for the continuation of IOM Iraq’s Displacement Tracking Matrix (DTM) which provides real-time reliable quantitative and qualitative data on displacement and returns.

“We highly appreciate IOM’s efforts to provide life-saving humanitarian assistance to displaced families in and out of camps as well as support them upon return their communities of origin. We look forward to our continued cooperation in 2019,” said Naseer Abdel-Sattar, Executive Director of the Joint Coordination and Monitoring Centre (JCMC) of the Government of Iraq.

“The protracted displacement crisis is one of the critical challenges that needs our focused attention, as many displaced people still depend entirely on the provision of humanitarian assistance. The local resources and capacities are already overstretched and pushed to the limit. IOM has been one of the key partners to provide life-saving assistance to the displaced people inside and outside the camps. We value the continued support and cooperation with IOM to support the most vulnerable people,” said Hoshang Mohamed, the Director General of Joint Crisis Coordination Centre (JCC) in Iraq’s Kurdistan Regional Government.

“Funding for humanitarian assistance is crucial to uphold the basic needs and dignity of vulnerable Iraqis in displacement and areas of return. It will prevent a reversal of the gains made to stabilize areas that have been most severely affected by the conflict,” said Gerard Waite, IOM Iraq’s Chief of Mission.

“Through partnership and collaboration with other humanitarian partners, the Government of Iraq, the Kurdistan Regional Government and local NGOs, we hope to address the most critical humanitarian needs while seeking durable solutions for those in protracted displacement,” he added.

The appeal document is available here (Arabic version here)

Click here to watch our video on the Crisis funding appeal.

(Source: UN)

Funding Appeal for Humanitarian Needs in Iraq

IOM Launches Funding Appeal to Address Most Urgent Humanitarian Needs in Areas of Displacement and Return in Iraq

Five years after the onset of the ISIL crisis and the subsequent massive internal displacement, IOM Iraq is launching its funding appeal for emergency assistance in the amount of USD 41.4 million.

Although the number of internally displaced persons (IDPs) has gradually declined since 2017, there are still around 1,750,000 Iraqis living in displacement as of February 2019, due to significant obstacles to return such as damage to houses; lack of livelihoods and basic services; perceptions of insecurity in areas of origin; and mental and psychosocial distress. Around a third of the current population of IDPs, over 530,000 persons, is still living in camps, which require critical support.

IOM’s funding appeal is aligned with the 2019 United Nations’ Humanitarian Response Plan (HRP) for Iraq, which estimates that approximately 6.7 million people are in critical need of support. Nearly 65 per cent of those are concentrated in Ninewa, Anbar, and Salah al-Din, the governorates most severely affected by the recent conflict.

IOM will focus its humanitarian support in Iraq on three groups of concern: IDPs who remain in displacement both within and outside camps, vulnerable host communities in areas of displacement and return – where services are overstretched – and IDPs who have returned to their areas of origin but whose basic humanitarian needs are not being met.

In 2019, IOM plans to maintain its life-saving assistance to IDPs in camp settings through the provision of Shelter and Non-Food Items (NFI) support, providing primary health services, monitoring and addressing protection and psychosocial needs, supporting Water, Sanitation and Hygiene (WASH) services, and supporting camp co-ordination and camp management (CCCM) of IDP camps and informal settlements.

The appeal also includes a request for the continuation of IOM Iraq’s Displacement Tracking Matrix (DTM) which provides real-time reliable quantitative and qualitative data on displacement and returns.

“We highly appreciate IOM’s efforts to provide life-saving humanitarian assistance to displaced families in and out of camps as well as support them upon return their communities of origin. We look forward to our continued cooperation in 2019,” said Naseer Abdel-Sattar, Executive Director of the Joint Coordination and Monitoring Centre (JCMC) of the Government of Iraq.

“The protracted displacement crisis is one of the critical challenges that needs our focused attention, as many displaced people still depend entirely on the provision of humanitarian assistance. The local resources and capacities are already overstretched and pushed to the limit. IOM has been one of the key partners to provide life-saving assistance to the displaced people inside and outside the camps. We value the continued support and cooperation with IOM to support the most vulnerable people,” said Hoshang Mohamed, the Director General of Joint Crisis Coordination Centre (JCC) in Iraq’s Kurdistan Regional Government.

“Funding for humanitarian assistance is crucial to uphold the basic needs and dignity of vulnerable Iraqis in displacement and areas of return. It will prevent a reversal of the gains made to stabilize areas that have been most severely affected by the conflict,” said Gerard Waite, IOM Iraq’s Chief of Mission.

“Through partnership and collaboration with other humanitarian partners, the Government of Iraq, the Kurdistan Regional Government and local NGOs, we hope to address the most critical humanitarian needs while seeking durable solutions for those in protracted displacement,” he added.

The appeal document is available here (Arabic version here)

Click here to watch our video on the Crisis funding appeal.

(Source: UN)