Successful IBBC Conference in Dubai

IBBC’s 5th Annual Iraq Conference in Dubai – Opportunity in Adversity

The Iraq Britain Business Council (IBBC) was much praised at its conference on Thursday for pioneering in COVID-19 times by bringing together senior officials from Iraq, the UAE and the UK, prominent international and Iraqi businessmen, bankers and professional advisers as speakers and over 100 delegates.

With the Address Hotel as host venue implementing the strictest hygiene regime and using video links, delegates enjoyed a day of vigorous analysis and debate about the issues currently creating the adverse conditions dominating the Iraqi political and business landscape and what measures were needed to improve matters, but nevertheless inspirational presentations highlighted success stories across a number of sectors in panel sessions covering energy, finance, infrastructure/logistics and tech.

Highlights of the day were presentations made by Mrs Zena Yousif Iraq consul general in Dubai, the first woman to ever hold that position, and the fact that all the leaders of the energy companies presenting were Iraqi nationals for the first time ever, namely Mr Zaid Elyaseri, Vice President Iraq from BP, Mr Ali Al Janabi, Chairman, from Shell, Mr Musab Alkateeb, Managing Director, from Siemens Energy, and all were addressing common global issues currently affecting that sector – low oil and gas prices, environmental and green issues.

Mr Aziz Khudairi, Chairman of the Khudairi Group with multiple businesses in Iraq urged the Iraqi Government to embrace the private sector to grow prosperity in Iraq and to provide employment for the millions of young Iraqis, to protect Iraqi businesses from unfair dumping by foreign competitors, but in return emphasised the need for the Iraqi workforce to rediscover a work ethic so that Iraqi companies would become efficient and profitable.

Baroness Nicholson made her Welcome Address by video link from London and at the end of the day announced the new annual award to be made to an Iraqi SME for its contribution to business in Iraq, in memory of the recently deceased Engineer Rasmi al Jabri, IBBC deputy chairman.

Amongst the many excellent speakers were:

  • H.E. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, UAE
  • H.E. Dr Abdulkariem Al Faisal, Chairman of the Prime Minister’s Advisory Commission
  • Mrs Zena Yousif, Consulate General of Iraq in Dubai
  • Mr Simon Penny, Her Majesty’s UK Trade Commissioner for the Middle East

Conference Sponsors were Basra Gateway Terminal, Siemens Energy and Serco.

Vikas Handa of Gulftek, Conference chairman said:

Today’s IBBC conference in Dubai is the testimony of human resilience on the face of adversity. We had unexpected turnout & great participation from the ministers, industry leaders and businesses from Iraq, UAE & UK.

“We covered a lot of ground to chart the way forward, network & learn from each other. I along with IBBC MD Christophe Michels would like to thank our key members for their unwavering support to make it happen.

In parallel

The Tech Forum took place online, with participants from Iraq, UK, Dubai and France, to review and discuss the digitisation of Iraq, based on the World Bank’s Report in April.

Chaired by Ashley Goodall of IBBC, we reviewed how the Government of Iraq ( GOI ) and digital development in general has been evolving since April, as Alexandre Laure, the World bank Sector specialist, who wrote the report – shared with us areas of development : namely, 6 key areas : Digital inclusion, banking and finance, Investment, Infrastructure, SMEs and start-ups, skill development and linking to external digital organisations. Two areas of progress include the establishment of a Tech fund for start-ups and SME investment, and the payment of Government salaries directly to bank accounts digitally. Additionally, there are areas of deregulation for start -ups and new businesses, although the registration cost of $37500 was deemed exclusionary for most start-ups.

Jawad Abbasi of GSMA MENA said that 4G infrastructure is critical in extending internet across Iraq, and this has been put on hold for the moment. This would increase the ability of users to trade, exchange and create new products on-line, as well as boost the digital economy. Yazen Altimimi CEO of Zain Cash echoed this issue as Zain are often blamed for poor internet experience, when it’s an infrastructure issue. Zain’s consumer uptake is rapid and there is a healthy growth and interest in the digital economy as a business and consumer medium. If 4G can be delivered the economy will see a rapid upswing. In short there is pent up demand and an appetite from consumers to transact on- line, so it makes sense to deliver 4G to ensure the whole economy expands.

Laura Oliver, director of Iraq Tech Ventures, amplified the issue for start -ups and SME.s who want to trade on line, and the raised the issue of the high cost of registration that prohibits start-ups registering formally, and therefore rely on the cash economy, so they are unable to get formal credit and investment. These two issues, of 4G and registration should be straight forward to address and would make a big different to the overall digital development of the Iraqi economy, and encourage investment from external digital companies like Facebook, Amazon and Google.

In a second panel: Online Consumer behaviour, Caroline McGarr of ThinkBank – a leading research agency in Irbil, presented key finding among Iraqi consumers between 18-45, and again found a big demand for consumer goods, banking on line for an unbanked 83% of the population. In sectors such as Fashion, health and social media there is enormous pent up demand as over 50% of these people spend over 5 hours a day on-line. Again, the issue of reliable internet, useful apps and products to purchase and reliability of banking, echo the first panel’s concerns.

The overall message from both panels is that there is huge unmet demand among youthful Iraqi’s for more services, better internet, better banking (trust) and online interaction with Government and products that will be better served by better internet and the proliferation of new goods and services from SMEs and start-ups, who themselves are constrained by registration fees and investment.

A full video of the sessions, including the presentation charts can be viewed here

For more information please contact london@webuildiraq.org

(Source: IBBC)

The post Successful IBBC Conference in Dubai first appeared on Iraq Business News.

Iraqi Children Foundation, safeguarding Iraq’s Future Generations

By Hussein Al-alak. Republished with permission.

Iraqi Children Foundation, safeguarding Iraq’s future generations

For millions of people around the world, the welfare of Iraqi children is key to safeguarding the future peace and stability of Iraq. In this exclusive interview, Hussein Al-alak talks to Mohammed Khudairi, of the US based Iraqi Children Foundation (ICF), about their ongoing efforts in Iraq.

What is your name and what do you do?

My name is Mohammed Khudairi. I am the Chairman of Iraqi Children Foundation, as well as the Managing Partner of Khudairi Group.

Can you please tell us about the Iraqi Children Foundation?

The Iraqi Children Foundation intervenes in the lives of orphans and street children who are vulnerable to abuse, neglect, and exploitation by criminals, traffickers and extremists. The organization was set up ten years ago by Americans who saw the need to help rebuild Iraq after so many years of conflict. More than 800,000 children were orphaned as a result of the Iraq War, and the ISIS occupation displaced another 1.3 million.

How does the work of the Iraqi Children Foundation help vulnerable children?

Our vision is that all children in Iraq have a voice, and are empowered to reach their full potential. All our programs have this goal in mind. We help vulnerable children through several channels, including:

⦁ The Hope Bus program – we convert used city buses into colorful, child friendly classrooms. Each bus has two teachers and a social worker, and serves around 50 children with tutoring, nutrition, health care, social services, practical life lessons, community, and fun.

⦁ The Street Lawyers program – our lawyers provide legal protection for children who are targeted by criminals and traffickers, abused by employers, or are facing other risks. They also assist children to get their papers so that they can go to school.

⦁ Social Services program – social workers on our team work to end child labor and get children off the streets. They also work to stop domestic abuse, provide medical care, and help get access to psychosocial services for children with mental health issues.

As Iraq has experienced decades of conflict, can you please tell us how this impacts on children? Children who are displaced, or have been exposed to high levels of violence, are often left emotionally and physically vulnerable. Can you please tell us about some of the risks that children in Iraq now face?

Many children have been left orphaned (800,000) or displaced (1.3 million) as a result of conflict in Iraq. Children who are in this vulnerable position are less likely to reach their full potential, as they are less likely to have access to education, health care (both mental and physical), and community support.

These children are more likely to become targets for human traffickers or extremist recruitment. The importance of ensuring children are not radicalized in Iraq cannot be overstated; extremism is a destabilizing force in the Middle East and globally. This is not just a humanitarian issue, it’s a regional security issue.

In the past, there have been cases where children have also been used as weapons of war, or due to bereavement, have been forced into exploitative trades. Can you please tell us about some of the safeguarding measures that have been, or are currently being put in place?

As an organization, the Iraqi Children Foundation looks to empower children so they are less vulnerable to exploitation. This includes educating children about risks, and providing a safe space for them to learn and form a sense of belonging with caring adults, and other children.

We also try to protect children and give them a voice, by providing legal representation in cases where children are exploited. Other nonprofits, non-government organizations, and government organizations all contribute to safeguarding measures; there is still a lot of work to be done.

As the media often gives focus to human interest stories from Iraq, or children left disabled by war, what support is available for children born with either physical or learning disabilities?

For families stuck in cycles of poverty in Iraq, there is limited access to medical care for children with disabilities. Often, these disabilities go undiagnosed or misdiagnosed. As a result, these children are unable to receive the treatment they need.

Our social workers spend time getting to know families who live in impoverished areas of Baghdad, and to identify cases where children are suffering due to disabilities. We will work with the families of these children to get the correct medical attention and ongoing support, providing financial aid where necessary.

As the Iraqi Children Foundation is based in the USA but are working with children, on a grassroots level across Iraq, can you please tell us how people in Britain and America can support your work?

We have extremely competent NGO partners in Iraq who deliver our services to the children. We have worked with our primary partner, Justice Gate, for the past 7 years. We partner with local NGOs because we believe it is important to invest in Iraqi organizations and build capacity to provide ongoing services and ensure the growth and success of the country.

Our team and donors in America, Britain, and across the globe are working hard to raise awareness and dollars so we can continue to invest in the children of Iraq. On a practical level, our greatest need is ongoing financial support – those interested can donate via Global Giving. For those located in or near Washington DC, we also have a fundraising 5K run each year.

This year the race is in June, and we would love to see you there! We are extremely transparent at ICF, and very focused on effectiveness and efficiency of our programs. We are always open to discussing our work and results, you can find more information and our contact details at our website.

Iraqi Children Foundation, safeguarding Iraq’s Future Generations

By Hussein Al-alak. Republished with permission.

Iraqi Children Foundation, safeguarding Iraq’s future generations

For millions of people around the world, the welfare of Iraqi children is key to safeguarding the future peace and stability of Iraq. In this exclusive interview, Hussein Al-alak talks to Mohammed Khudairi, of the US based Iraqi Children Foundation (ICF), about their ongoing efforts in Iraq.

What is your name and what do you do?

My name is Mohammed Khudairi. I am the Chairman of Iraqi Children Foundation, as well as the Managing Partner of Khudairi Group.

Can you please tell us about the Iraqi Children Foundation?

The Iraqi Children Foundation intervenes in the lives of orphans and street children who are vulnerable to abuse, neglect, and exploitation by criminals, traffickers and extremists. The organization was set up ten years ago by Americans who saw the need to help rebuild Iraq after so many years of conflict. More than 800,000 children were orphaned as a result of the Iraq War, and the ISIS occupation displaced another 1.3 million.

How does the work of the Iraqi Children Foundation help vulnerable children?

Our vision is that all children in Iraq have a voice, and are empowered to reach their full potential. All our programs have this goal in mind. We help vulnerable children through several channels, including:

⦁ The Hope Bus program – we convert used city buses into colorful, child friendly classrooms. Each bus has two teachers and a social worker, and serves around 50 children with tutoring, nutrition, health care, social services, practical life lessons, community, and fun.

⦁ The Street Lawyers program – our lawyers provide legal protection for children who are targeted by criminals and traffickers, abused by employers, or are facing other risks. They also assist children to get their papers so that they can go to school.

⦁ Social Services program – social workers on our team work to end child labor and get children off the streets. They also work to stop domestic abuse, provide medical care, and help get access to psychosocial services for children with mental health issues.

As Iraq has experienced decades of conflict, can you please tell us how this impacts on children? Children who are displaced, or have been exposed to high levels of violence, are often left emotionally and physically vulnerable. Can you please tell us about some of the risks that children in Iraq now face?

Many children have been left orphaned (800,000) or displaced (1.3 million) as a result of conflict in Iraq. Children who are in this vulnerable position are less likely to reach their full potential, as they are less likely to have access to education, health care (both mental and physical), and community support.

These children are more likely to become targets for human traffickers or extremist recruitment. The importance of ensuring children are not radicalized in Iraq cannot be overstated; extremism is a destabilizing force in the Middle East and globally. This is not just a humanitarian issue, it’s a regional security issue.

In the past, there have been cases where children have also been used as weapons of war, or due to bereavement, have been forced into exploitative trades. Can you please tell us about some of the safeguarding measures that have been, or are currently being put in place?

As an organization, the Iraqi Children Foundation looks to empower children so they are less vulnerable to exploitation. This includes educating children about risks, and providing a safe space for them to learn and form a sense of belonging with caring adults, and other children.

We also try to protect children and give them a voice, by providing legal representation in cases where children are exploited. Other nonprofits, non-government organizations, and government organizations all contribute to safeguarding measures; there is still a lot of work to be done.

As the media often gives focus to human interest stories from Iraq, or children left disabled by war, what support is available for children born with either physical or learning disabilities?

For families stuck in cycles of poverty in Iraq, there is limited access to medical care for children with disabilities. Often, these disabilities go undiagnosed or misdiagnosed. As a result, these children are unable to receive the treatment they need.

Our social workers spend time getting to know families who live in impoverished areas of Baghdad, and to identify cases where children are suffering due to disabilities. We will work with the families of these children to get the correct medical attention and ongoing support, providing financial aid where necessary.

As the Iraqi Children Foundation is based in the USA but are working with children, on a grassroots level across Iraq, can you please tell us how people in Britain and America can support your work?

We have extremely competent NGO partners in Iraq who deliver our services to the children. We have worked with our primary partner, Justice Gate, for the past 7 years. We partner with local NGOs because we believe it is important to invest in Iraqi organizations and build capacity to provide ongoing services and ensure the growth and success of the country.

Our team and donors in America, Britain, and across the globe are working hard to raise awareness and dollars so we can continue to invest in the children of Iraq. On a practical level, our greatest need is ongoing financial support – those interested can donate via Global Giving. For those located in or near Washington DC, we also have a fundraising 5K run each year.

This year the race is in June, and we would love to see you there! We are extremely transparent at ICF, and very focused on effectiveness and efficiency of our programs. We are always open to discussing our work and results, you can find more information and our contact details at our website.

IBBC hosts Members’ Dinner in Baghdad

The Deputy Chairman of the Iraq Britain Business Council (IBBC), Rasmi Al Jabri, and Managing Director, Christophe Michels, hosted a dinner for members and guests at the Babylon Warwick Hotel in Baghdad on 29th August.

Many representatives from member companies were in attendance, including the Chairman of Khudairi Group and the International Islamic Bank, the CEO’s of Kuwait Energy and the National Bank of Iraq, as well as representatives from Al Burhan Group, Al Nukhba-OFS, Constellis, G4S, Standard Chartered Bank, Serco, Shell and XReach Ltd.

Ms Beverly Simpson, Iraq Country Director for the Department for International Trade, gave guests an update on the latest visa and labour regulations being applied in Iraq, followed by a discussion.

(Source: IBBC)