IBBC Celebrates Successful Inaugural Conference in Dubai
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    IBBC Celebrates Successful Inaugural Conference in Dubai





    IBBC Celebrates Successful Inaugural Conference in Dubai


    December 30, 2016


    More than 180 expert speakers and delegates from the UK, Iraq, UAE and abroad gathered in Dubai at The Address Dubai Marina on Sunday 18 December for the Iraq Britain Business Council’s (IBBC) Autumn Conference.

    Usually held in London, the well-attended conference marked the first time the IBBC has held an event in the UAE, a hub for global and regional companies that operate in the Middle East.

    The decision to move the Autumn Conference to Dubai has certainly proven to be a good one, with the new location attracting a new audience of business leaders and decision makers based in the region.

    A record number of delegates from non-member companies registered for the event, including representatives from Mitsubishi, Serco, Rolls-Royce, Capital Bank of Jordan and LUKOIL.

    They were joined by representatives from IBBC member companies, such as Shell, ExxonMobil, Siemens, GE, Amec Foster Wheeler, GardaWorld, Restrata, Eversheds and more.

    The conference was supported by H.E. Mr Kadhim Finjan Al-Hamami, Iraq’s Minister of Transport, and Mr Frank Baker OBE, Her Majesty’s Ambassador to Iraq, who jointly opened the event with IBBC President Baroness Nicholson of Winterbourne.

    The theme of the conference was ‘Doing Business in Iraq’. Delegates heard from Ariel Flores, General Manager of BP (Rumaila Operating Organisation), on operating Rumaila in a $50-barrel world during the first session, ‘The Iraq Oil and Gas Sector in 2016’. He focused particularly on how investing in technology, training and safety is key to Rumaila’s operations.

    Meanwhile, Marwa Al Nasaa, the International Monetary Fund’s Resident Representative for Iraq delivered an overview of the IMF’s Stand-By Arrangement (SBA), economic developments under the SBA and a forecast of what’s to come.

    Other headlining speakers included Dennis Flannery of Citibank, Dr Jafar Dhia Jafar of URUK Engineering and Contracting Company LLC., Zeeshan Sheikh of the International Finance Corporation, Salem Jawad Chalabi of Stephenson Horwood Middle East LLP and Jorge Vila of Iraq Middle Market Development Foundation (IMMDF), who addressed the audience from Paris via a Skype link-up.

    IBBC members also joined panel discussions. Asrar Abdulhussein Mohammed of International Islamic Bank participated in the finance session, while Iain Rawlinson of Gulftainer and Peter Turner of SKA International shared their insights on opportunities in Iraq for investment and partnership within the transport and logistics sectors.

    Amar Shubar of Management Partners, Gavin Rennie of EY, Afif Masri of PwC and Vikas Handa of Beas LLC (formerly of Weir Group) chaired the panels on finance, power, opportunities in the private sector and O&G respectively.

    The IBBC Autumn Conference was generously sponsored by the Islamic International Bank, Gulftainer, Weir Group, SKA International and the IMMDF.

    The IBBC’s next conference will take place at Mansion House, London, on Monday 3 April 2017. More information will be available in due course.

    For information on the IBBC Autumn Conference, membership or conference sponsorship opportunities, contact the IBBC London team at london@webuildiraq.org or our UAE Representative Samer Al-Omari at samer.alomari@webuildiraq.org

    (Source: IBBC)

    ** I'm sure others are aware of what the functions of the IMMDF are, but I wasn't too familiar with it so thought I would add this **

    Iraq Middle Market Development Foundation (IMMDF)

    Created by CHF International, Overseas Private Investment Corporation (OPIC) and Citibank in August 2004, the Iraq Middle Market Development Foundation (IMMDF)
    is working across Iraq, providing large commercial loans to private Iraqi businesses. To date, IMMDF has issued more than $63 million in loans to more than 20 companies, creating thousands of jobs.

    Link



    Last edited by 1bobby; 12-30-2016 at 12:16 PM.



  2. #2

    Re: IBBC Celebrates Successful Inaugural Conference in Dubai

    Me to me to! Basra here I come. When you read this coupled with what loop RC wm white holly and crew bring in you would have to be about frozen to not get excited about the future

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