مجلس الاعمال العراقي | مظلة الاستثمار والشركات العراقية في الاردن

The First Board Meeting of the 6th Session of The Iraqi Business Council & Election of the Chairman, Deputies, Secretary-General & Heads of Committees

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The new Board of Directors of the Iraqi Business Council, its 6th session, held its first meeting on Monday, October 31st 2022 at the offices of the Iraqi Business Council in the presence of nine out of 13 members, achieving the quorum.

 

During the meeting, the Chairman, two Deputies, Secretary-General and Heads of Committees were elected, and as follows :-

 

  • Majid Saedi / Chairman of the Iraqi Business Council and Head of the Foreign Relations Committee and Academic Sector.
  • Saad Naji / Deputy, Secretary-General and Head of the Social, Cultural & Entrepreneurship (social responsibility) Committee.
  • Nazar Awji/ Deputy & Head of the Tourism Investment Committee.
  • Ali Shamara / Board member & Head of the Investment Committee.
  • Ahmad Al-Sarraf / Board member and Head of the Services & Transport Committee.
  • Hassan Nassir Al-Lami /Board member and Head of the Financial & Banking Sectors Committee.
  • Tariq Al-Hassan / Board member & Head of the Industry Sector Committee.
  • Ali Ghalib Al-Khafaji / Board member & Head of the Oil & Gas Sector Committee.
  • Mekki Al-Faiz / Board member & Head of the Energy Sector Committee.
  • Khalil Al-Bunniya / Board member & Head of the Trade and Trade Agencies Sector Committee.
  • Luay Al-Saeed / Board member & Head of the Constructional and Cement Industries Sector.
  • Osama Al-Quraishi / Board member & Head of the Oil Contracts Sector Committee.
  • Tamara Daghistani / Board member & Head of the Humanitarian Committee.

 

We wish the new Board of Directors of the Iraqi Business Council continued success to serve Iraqi investors inside and outside Iraq.

 

The idea of establishing the Iraqi Business Council is based on the common desire generated by a number of elites. Those who are Iraqi investors and businessmen on the territory of the Hashemite Kingdom of Jordan unanimous in the importance of creating economic reference for them, as well as for those who wish to join them in order to maximize Iraq’s investment in Jordan, as well as to contribute actively to Iraq’s construction and reconstruction.

مجلس الاعمال العراقي | مظلة الاستثمار والشركات العراقية في الاردن

IBC Chairman & Members Meet with Members of the US Embassy Delegation In IBC Offices

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On Tuesday October 11th 2022, IBC Chairman, Dr. Majid Saedi, Deputy Chairman & Secretary-General, Dr. Saad Naji, IBC Board member, Dr. Osama Al-Quraishi, and IBC Director General met with the delegation of the Refugees Support Program at the Political Section of the United States Embassy in Jordan to discuss the situation of Iraqi refugees  in Jordan and the mechanisms of supporting them by obtaining the approval of the Jordanian government to allow them to work in Jordan.

The US Embassy delegation included the Senior Coordinator of Refugees Affairs, Mr. Roberts McInturff, the Senior Coordinator of Refugees Affairs, Mrs. Rebecca White and the Assistant Refugees Support Programs, Mrs. Khulud Al-Edwan.

 

At the beginning of the meeting, Dr. Saedi welcomed members of the Embassy delegation and reviewed the volume of Iraqi investment in Jordan, and the support provided by the Iraqi Business Council to Iraqi investors and members of the Iraqi community in Jordan, especially the refugees.

Dr. Saedi then reviewed the humanitarian side that IBC works on through its Humanitarian Program “Istijaba” (Response), which was launched by the Council within the social responsibility to serve community under the UN Global Compact, as through this Program professional workshops and courses were set up to train the refugees with cooperation of the international organizations and UN agencies, stressing that the tourism sector in Jordan absorbs large number of labor.

He proposed approaching the Jordanian official authorities to allow Iraqi refugees to work in the Tourism sector.

 

For his part, Mr. Robert McInturff reviewed the file of Iraqi refugees registered in the “UNHCR”, indicating that their number is about 66.000 registered refugees.

He stressed the endeavors of the US government and the UN to approach the Jordanian official authorities to allow Iraqi refugees to work in the Jordanian market, especially in the industry, agriculture and construction sectors just like the Syrians, while keeping the asylum certificate.

The Embassy delegation talked about the services provided by the Refugees Support Program of the US government.

 

At the end of the meeting, the US Embassy delegation thanked IBC Chairman and members for organizing this meeting.

 

 

مجلس الاعمال العراقي | مظلة الاستثمار والشركات العراقية في الاردن

Honoring Iraqi Artists; Dr. Ibrahim Al-Abdali & Dr. Hana Malallah During their visit to IBC Offices

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Including (Ibdaa) Cultural Program of the Iraqi Business Council, IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, honored on Wednesday October 5th 2022 Iraqi artists Dr. Ibrahim Al-Abdali and Dr. Hana Malallah during their visit to the offices of the Iraqi Business Council.

At the beginning of the meeting Dr. Naji welcomed IBC guests praising the creative careers of Dr. Ibrahim Al-Abdali and Dr. Hana Malallah for the enlightened civilized values they added to the Iraqi plastic art.

Dr. Naji then reviewed (Ibdaa) Cultural Program that IBC established to support Iraqi creators of different specializations, indicating that this Program was launched following the Council’s belief in corporate social responsibility of the United Nations Global Compact. The Council was one of the first organizations inside and outside Iraq that had joined this global initiative.

Starting of (Ibdaa) Program

He further added that (Ibdaa) Program started by organizing plastic art exhibitions then expanded to become a comprehensive creative program embracing all other activities of Iraqi creators.

For her part, the Iraqi artist Dr. Hana Malallah, who lives in diaspora, expressed her happiness to visit the Council and learn about the activities of (Ibdaa) Cultural Program.

Stressing that the private sector has adopted a unique Program to support Iraqi talents.

Dr. Saad Naji presented the “Shield of Creative Work” to Dr. Ibrahim Al-Abdali and Dr. Hana Malallah as an expression of thanks and gratitude for all that they have added to Iraqi art. At the end of the meeting, the two artists thanked the Council for the reception and honor they received.

IBC member Mr. Muhammad Al-Baghdadi, and members of IBC (Ibdaa) Cultural Program; Mrs. Rawaa Al-Rawi, Miss Savana Salah, wife of Dr. Ibrahim Al-Abdali and IBC Director General attended the meeting.

 

 

Read also:

The Iraqi Business Council Signs a Memorandum of Understanding With the Jordanian Businessmen Association at IBC Offices

مجلس الاعمال العراقي | مظلة الاستثمار والشركات العراقية في الاردن

IBC Deputy Chairman & Secretary-General & Members of the Iraqi Business Council Delegation Participate in the “Jordanian Investment Forum with Iraq’s Kurdistan Region”

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IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, and IBC Board members; Mr. Ahmad Ismael Saleh, Mr. Ahmad Al-Amili, Mr. Muhammad Shanshal and Dr. Bashar Abdul Rahman, and representatives of (Alam Al-Taqa) “Energy World” Company Mr. Ghaith Al-Rawi and Mr. Bakir Al-Juburi, representatives of Isnad Company, Mr. Ahmad Rashid Dabdoub and Mr. Yazan Masa, and representatives of the Investment Bank; Mrs. Niveen Abu Sinneh and Mrs. Rasha Abu Saleem, in addition to IBC CEO and staff participated in the Jordanian Investment Forum with Iraq’s Kurdistan Region which was held on October 1st 2022 at the Landmark Hotel – Amman. In his speech in the Forum, Dr. Saad Naji gave a review on the establishment of the Iraqi Business Council in 2006, which is considered a forum for businessmen to exchange commercial opinions, ideas, information and provision of job opportunities through trade and social missions and introduction of investment opportunities existing in Jordan and Iraq, clarifying that IBC includes most of the Iraqi companies investing in the Kingdom.

Dr. Naji further added that the estimated value of Iraqi investment volume in Jordan amounts to 23.4 billion JOD distributed on various economic sectors, indicating that this investment does not include the Iraqi deposits in Jordanian banks.

He pointed out that the investment sectors where Iraqi businessmen invest in Jordan are distributed on lands and real estate sector with the value of 7.3 billion JOD, the industrial sector 4 billion JOD, tourism sector 5 billion JOD and the banking sector, exchange companies and Amman Stock Market 3 billion JOD.

According to the study presented by Dr. Saad Naji, Iraqi investments in Jordan are also distributed on the education and health sectors with the value of one billion JOD, transit trading companies and the head offices maintained by Iraqi companies operating in Iraq with business volume of 3 billion JOD and the fixed deposits in the Jordanian banks for purposes of obtainment of annual residence permits amounts to 100 million JOD.

The visiting delegation from Kurdistan Region included the Head of Cabinet, Dr. Omeed Othman, Head of Kurdistan Region Investment Commission, Dr. Muhammad Shukri, Head of Kurdistan Region Investors Federation, Mr. Ahmed Rikani, Head of Kurdistan Investors Federation – Sulaymaniyah Branch, Mr. Yassin Rashid, and a group of businessmen from major companies in Kurdistan.

From the Jordanian sides, the Forum was attended by Head of the Jordanian Businessmen Association, PM Hamdi Al-Tabbaa, a number of the Association’s members, Jordanian Investment Minister, Engineer Khairi Amr, and Jordanian Consul-General in Erbil, Mr. Fuad Al-Majali.